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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 par±y involving the Property and any Hazardous Substance ar 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 accele'ration 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 �ums �
<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 defaWt is not cured on or before the date specified in the notice,
<br /> Lender, at its option, ma���quire.immediate payment in full of all sums secured by tbis Security Instrument without
<br /> further demand and mayri�yQke 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 o f $5 0. Q 0 0$� '—z�
<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 I'nstrument 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 /> 0 Adjustable Rate Rider 0 Condominium Rider � 1-4 Family Rider
<br /> �Graduated Payment Rider �Planned Unit Development Rider 0 Biweekly Payment Rider
<br /> �Balloon Rider �Rate Improvement Rider 0 Second Home Rider
<br /> 0 V.A. Rider �Other(s) [specify]
<br /> Home Equity Access Line Rider
<br /> BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and
<br /> in any rider(s) executed by Borrower and recorded with it.
<br /> Wimesses: �,
<br /> ( - (Seal)
<br /> � teven C. Kisner -s°rr°"'ei
<br /> ,�
<br /> � X �.. (Seal)
<br /> f � C�1S -Borrower
<br /> R. JRo ,
<br /> (Seal) (Seal) ,
<br /> -Borrower -Borrower - �
<br /> STATE OF NEBRASKA, Ha 11 County ss:
<br /> The foregoing instrument was acknowledged before me this 9th � �of March ,1 999 ,
<br /> bySteven C. Kisner, a single man, and Jeffrey �. �chs, a single man .
<br /> Witness my hand and notarial seal at Grand Island, Nebraska in said County, the date aforesaid.
<br /> My Commission Expi � ��
<br /> , (II ��NOTARYS�Of Nehf� Noc Pub�[c
<br /> JUDITH L.
<br /> ' ' � My Comm. a.
<br /> �
<br />
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