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<br /> IDorrov�er shall promptly give Lender wYitten notice of nny investi�ation, clnim, demnnd, lawsuit or nther .iction by i�ny '
<br /> . �ovcrnmr.ntal nr regulutnry a�cncy or privatc p;xrty involvin�thc['rop�ny and any Hnznrdous Substuncc or Environmr.ntal Lnv�
<br />_.�-_.�;a� =•�.. � of which Aorr�uwer has aetual knowlcd�c. If Barrower learns, or is n�idied by any governr:ientAl ar re�ulntary autlzoriiy. that _"
<br /> _ •�,Y,;:.,..,;.�. . any re:moval ar other remedintion af any Hnzanlous SuUstance lffecting the Property is necessory,Horrower shalt promptly take
<br /> ���;•,_;;r;;Y�:•- ' all necessary remecflnl actions in accordhnce with Enviranmentz►1(.aw. —
<br /> ,..� , - As useci in this parnbr�ph 20, "Hazarctous Substmices" are those substanccs defined ns�oxic or I�:tzardous substances by --�-
<br /> ��9'":=.�•.w.....r.-.:�:6 ' Environmentnl Law and the following substanccs: gusolinc, kcroscnc, o:her Flammablc or toxic petrole�tm products, taxic
<br /> .c:�-�Y'=�"`"�'.` �• pesticides and hcrbicides,volatile solvcnts,materials conk�inins asbcstas ur formaldcl�yde,and radioactive materials. As usecl i�
<br /> _ _ • - this paragraE�h 20, 'Enviranmcntal La�r" mcans fcdcral la��s and laws of thc jurisdiction where the Property is locnted thnt �
<br />�rs,�;�;�f�:;��h�. � relate to hcnith�safety or environmental protectIon.
<br /> _�= �' ' NON-UNIFORM COVBNANTS.Borrower und Lendcr further covenant aad agrce ns follows:
<br /> ","` . �� 21. Acc�ierntion;ltemedies. Ixa�der shnll glve notice to Aorro�ver psrlor to�nccelerntlon following Borrower's breuch
<br /> -` x � .,� "� .� '��i of nny covenant or agr2ement in this Security Gistirucuent (but not prlur to acceleratiun under �ragcaph 17 units�s
<br /> � a• � . applEcable Ih�v provfdes otherwise). The notica shall specify: (a)the default;(b)the t�ct[on rce�ulred to curc the defuult;
<br /> % .. _,. (c)a�iatc, not less than 30 days from tBe dnte the notire is gfven te�Borrowcr, by whtch the defaWt must be cured; aud
<br />- : , � (d) that feilw•e to cure the dPfault on or hefore the date specifled In We nntice moy result in nccc�eratlon of the soms -
<br /> � , ' ' '� �ecured by thi9 SecurSty Instrument nnd sule oP the Property� The notice shall 1'urthCr tnform Borrower of the right to "i
<br /> ¢ ,� , relustnte atter accelerat!on and�the rigf►t to bring A court ectfon to assert the non-existence of u default or any other
<br /> i defense of Borro�ver to uccelerntton wnd sale. If the defuult Is not cured on or before the date s��ect�ed in the natice�
<br /> � � � • I Lender, at its opiion, may require immediAte payment tu full ot all sums secured by thfs Security Instrument wtthuut
<br /> ' ' further de�nnnd and muy invake the�sower of snle and nny other remedles permitted by sppUcnble lnw. I.cnder shall be --
<br /> ,�,� � ent(tled to coftcet all expenses incurred ln pursuin�the reniedles provlded in this paragraph 21,Including,but not Itmited
<br /> � . • , to,reusons►ble attorneys'fees and costs of title evidence.
<br /> ' If the poweF•of salc Is 6i�voked, '['�i�sfee shall►ecord a noY(ce of defautt i►�each cou�ty in whfch Any �urt a�tF.. •
<br /> ��' 9 T Froperty:s loc�ted and shall mail capics of stcch notice in the mamner prescribed by npplicnbie law to Bor�•owcr and ta
<br /> tt�e other persons pmser(bed by npplicable la�v.After the tlme rc�quired by applicable law,Tr�stee shall give publlc notice
<br /> of sale to the �r:sans und in the munner prescrtbed by appllcable taw. Trustee, wi3hout demand on Borrotver,sltAll sell
<br /> � � the Property at publtc nuction to the hlghest bfdder at the time and pluce and under the terms designnted In the notice of
<br /> sele in one or more�arcels ond in any order Trnstee determines.Trustce muy postpvne sale of u11 or nnv parcel of tt�e
<br /> , r " j Property by public nnnouncement at the ttme and place of any prevtously schedaled sale. Lender or its designee msy
<br /> ° purchuse the I'roperty nt uny sule.
<br /> _ UE►on recelpt of puyment of ttie price bld� Trustee shall dellver to the purchaser Trust�ee's deed conveying the _
<br /> �� � � Peoperty. Tlie rec(tals in the Trustee's deed shall be prlma(acie evidQnce of the trutit of the stae�ments mude thereln.
<br /> Tnist�e shall apply the proceeds of the sule in the follo�ving order:(u)to all costs and expenses of exerc(sing t6c power of
<br /> - sule,and tt�e sale.including the payment oP the Trustee's fees actuu➢ly incurred,not to excced the�of 50.OQ or 1/46
<br /> ., �� �f t!sa rrl�r!;s!psnQ�=nt�F tt:e n�tP at the tlr.2e uF tl�P�Frlsrnt6�Q cf�QU!*_,ss:s!r..s�sQ�sli!e�t�r�Py�'f�es��!�•u!
<br /> 6y lew; (b)to uli sums secured by thls Security Instrument;and(c) any excess to the person or persons le�ully entltled to �,
<br /> it.
<br /> Z2. Reconveynnce. Upon payment of all sums secureci by this 5ecurity Instrument. I..ender shall request Trustee to
<br /> • reconvcy the Property and shall surrender this Security Instrument and nll notes evidencing dcbt sccured by this Security
<br /> • Instrument ro Trustee. 'frustee shall recomey tha Property without warranty and without charge to the person or persons legally
<br /> - entitled to it. Such person or persons shaQ pay any re�ordation costs.
<br /> � 23. 5ubstitute Trustee. L.ender,at its option, may from time to time remove Trustee and appoint a success�r trustee to
<br /> � ' , any Trustee appointed hereunder by an instniment recorded in the county in which this Se,curity Instrument is recorded.Without
<br /> conveyance of the Property,tlie successor trustee shall succeed to all tt�e title, power and duties conferred upon Trustee hereln
<br /> . ..`: . . and by applicable law. �
<br /> ,��•,� 24. Request tor Notices. Burrower requests that copies of the notices of default and sale be sent to Borrower's nddress =
<br />_. ,, ' which is the Yroperty Address. _
<br /> ,� � . 25.Riders to this Security Instr�ment.if one or mare riders ase executed by BoiTOwer and recorded together�vith this
<br />- , �; " Sccurity Instrument,the covenants and agreements of cach such rider shnll be incorporated into and shall amend und supplcmcnt _—
<br /> the covenants and �greements of this Security Inswmcnt us if the rider(s)were a part of this Sccurity Instrument �__
<br /> ' [Check applicable hox(es)�
<br /> �s
<br />- 0 Adjustable Rate Rider 0 Condominium Rider 0 1-4 Family RiJer
<br /> ���-
<br /> = � � �Graduuted Puyment Rider �Pla�ined Unit Development Rider O Biweekly Payment Rider ````'
<br /> []Balloon Rider 0 Rate Improvement Rider ❑Second Home Rider ��
<br />_ �V.A. Rider (�Other(s)[specifyJ ��"
<br /> . � .. ,
<br /> , ��
<br /> , r
<br /> ' :.. SY SIGN[NG BELOW,Borrower aceepts and agrees to the terms and covennnts contained in this Security Instrument and
<br /> : , �� in any rider(s)exacutecl by Borrower and recorded with it.
<br /> � Witnesses: �
<br /> � (ScaU
<br /> - E N TH L. OTTO -Hnrm��cr
<br /> S
<br /> - ����� �G �
<br /> � �BONNA rI. OTTO�� � �S���
<br /> � -Horruwcr I
<br />� i ----- i_
<br /> :� �..--_-_ _- _, — _(Scal) _ (ScaU
<br /> �
<br /> •Horro�vcr •8urn��rcr �
<br /> . � �
<br /> � , STATE:Qf N�IiDtASKA, �,L, County�.s: �
<br /> • �` •• The fone+oin instrumcnt w�s acknu�vled cd beforc me this da uf .
<br /> b S 5 25th Y November � 1994 �
<br /> •* .. bY KCNNETH L, OTTO ANII DONNA ri. OTTO, HUSB.AND At3D WII'F: AS JOINT TENANTS • ;
<br />- ' WItI1C5t3 my hnnd und notarial �c;il ut GItAND ISLIIND, N in s�iid Caunty tNe Ja ati�resaid, I
<br /> My Commission Expires: - � � �
<br /> �� ��,�M�� Nat: hlic ;
<br /> • . � ' �.lOrw������,,��,,�5 . �
<br /> � � ��o��o�o+a Fo�m 3020 9190
<br /> �� �_ .
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