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<br />Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any
<br />governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law
<br />of which Borrower has actual knowledge. If Borrower learns, or is notified by any governmental or regulatory authority, that
<br />any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take
<br />all necessary remedial actions in accordance with Environmental Law.
<br />As used in this paragraph 20, "Hazardous Substances" are those substances defined as toxic or hazardous substances by
<br />Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic
<br />pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in
<br />this paragraph 20, "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that
<br />relate to health, safety or environmental protection.
<br />NON- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />21. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach
<br />of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraph 17 unless
<br />applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default;
<br />(c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and
<br />(d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice,
<br />Lender, at its option, may require immediate payment in full of all sums secured by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be
<br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 21, including, but not limited
<br />to, reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to
<br />the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice
<br />of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell
<br />the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of
<br />sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the
<br />Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may
<br />purchase the Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of
<br />sale, and the sale, including the payment of the Trustee's fees actually incurred, not to exceed The,> $50.00 or i %
<br />of the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fees as permitted
<br />by law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to
<br />it.
<br />22. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally
<br />entitled to it. Such person or persons shall pay any recordation costs.
<br />23. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to
<br />any Trustee appointed hereunder by an instrument recorded in the county in,which this Security Instrument is recorded. Without
<br />conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein
<br />and by applicable law.
<br />24. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address
<br />which is the Property Address.
<br />25. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this
<br />Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement
<br />the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument.
<br />[Check applicable box(es)]
<br />Adjustable Rate Rider 0 Condominium Rider El 1 -4 Family Rider
<br />0 Graduated Payment Rider El Planned Unit Development Rider 0 Biweekly Payment Rider
<br />0 Balloon Rider El Rate Improvement Rider El Second Home Rider
<br />El V.A. Rider 0 Other(s) [specify]
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and
<br />in any ri¢tr(s) executed by Borrower and recorded with it. ��
<br />Witnesses: d — _ I �/ l_
<br />_ (Seal)
<br />- Borrower
<br />STATE OF NEBRASKA,
<br />The foregoing instrument was acknowledged before me this
<br />by William H Brown, Jr. and Sandra K. Brown,
<br />Witness my hand and notarial seal atGrand Island, N1
<br />My Commission Expires:
<br />.?.p r i 1 5, 2001 �I GENERAL NOTARY -Stale p( %i lSkl
<br />PATRICIA SCH�
<br />y My Comm. Up. May
<br />(Seal)
<br />)rrower
<br />(Seal)
<br />)rrower
<br />1;
<br />_(Seal)
<br />Borrower ,
<br />County ss: Hall
<br />25th.. day of October 2000
<br />husba nd wife
<br />in said Co y, tth date aforesaid.
<br />_
<br />Public
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