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<br /> . Borrower shall prompdy give Lender written notice of any investigation, claim, demand, lawsuit or uther action by any �.d,,._ z ., ..
<br /> - . g regu ry� Y A P�Y g P Y Y _.+;;;:<..
<br /> ovemmenta!or lato enc or rivate invotvin the Pro ert and an Ha�ardou.+Substancc or Environsr.enC�1 Ia�v - --- :?���`,� = - -
<br /> of which Borrower h:is actual knowledge. lf Borrower leams,or is noti6ed by any govemmQntal or regulatory auihority, that , ''"`-' 'r�:`'�'—
<br /> • � any removal or other remediation of any Haiardous Substance affecting the Property is necessary. Borrawer shall promptly take� ' •.' ,,
<br /> aFl necessary remedial actions in a.^cordance�vith Environmental Law. � •�.. -��-�_
<br />' As used in this paragnph 2U. "Hazardous Substances" are those substances det�n�d sti toxtc or hazardous substuRCes Cy o —�''.-`-., ,•.`.�,�-�
<br /> Environmenta l Law an d t he fo l intvin� su b s t a nces: �as o l i n e, k e r o s e n e, o t h e r fl a a i m a b l e o r t a x i c p e tro l e um products, toxic . - �` � �.- ,�-
<br /> pesticides and herbicides.volatile solvents, marerials coniaining asbestas or formaldehyde,and radioactive material�. As used i _ �`� �-°E,,,�� :
<br /> `. this pasagraph 20, "Environmental Law" me�ms federal l�ws and la�vs af the jurisdiction �vher� the Property is tocated tha� ;�y�;: " :`��4���
<br /> relate to health.safety or emironmenral pmtection. � •• � ,.
<br /> � NON-UNIFORI�i COVENA�I'I'S.Borro�er artd Lender furth2e covenant and agre�as foltaws: � .
<br /> ` El.Acceleration;Remedtes. I.ender s�all give aotfce to Boma�ver prior ta acoeterotion foitow-in�Barro�acr's bre� . . . ' `�� .. `�-
<br />,_- of any wvenans or agmemeat 3n this §ecurity Hnstr�ment (bat nat prEor to acceleratfon under parngraph l7 unl�� � � ..,:�-.,.���
<br /> agre �f
<br /> uppIIcable!aw provides otherniseD.ThQ noiice sl�ll specify: (a)the detautt;(b)the uction rc�u3red to cure ttte defauLt - .,_ ,., _
<br /> .�`.: a (c)a date, not tess thun 3fl days Prom ihe date ttte notic�3s giyea to BarrazYer. by e�hk�ihe�efault m�!st bc cnred;and ,- ..A " ..
<br /> � (d) that failure to cuse the default on ar before the date spedfie�in the nattce Qcay r�ult in¢ccelerntion ot the�ums _=.`;s:,;:�.,;,'__,;,�a
<br /> _. ._. secvre�by t6�is Se�ur[ty Instrument and sale of the Froperiy. Tlie natice sht�111 further lnform Borro�cer oi t6e rigitt to ��".._. _-;,.a,-
<br /> Ins
<br />` : ;` - reinstate after aoc�lerat�op and the�ight to brin�a wnrt action to asseaR t�e non-exHstence of p�efaWt or�ny ot�er �-'; � � _
<br /> defen�e of Borrotiver to aoceleranon aad sate. tf the defeult is aot camd on or beFore the date specilted in tde notice. J " �� `�
<br /> Lender,at its op2ton, may requtre immediate payment tn fall of aii sums securad 6y thLs Sscurity Iastrument�vtthou! 's�r',�.....,.:=:.,
<br /> fartGer demand aind may tnvoke the po�ver of sale and any other remedEes pecmitted bY appiicable law. I.ender shull he
<br /> an -
<br />.� �tlUe�to co110C2 Sll expea5e5 iUCU1r�0d I[I pUrsu�the celne�ieg pmvtd¢d fA Uils p81�geSdih�1�i�2dudII1$i hut uot l�lEfted �''' �
<br /> to,reasonubSe attarneys'fces and oosts of tiUe evt ence. �';'�""__'_�''!�"=
<br /> If the pow�er of sale is invaked,Z�vstee sl�aLl reoord a na4Ece of defan[t in eac6 ao.Uaty t� whfch any p�R of th2 ��-- -� ..�
<br /> . .. �rOPer�Y is taavi¢d and shall mail copies o?such noHce in the m9n�er prescr[bed bY BPP��a61e law to Sarros�er sud tn = • .. •-
<br /> the other peisons p�+escrll�ed by applicabie law.Atiter t�e tiute reqaired by sppi�cable Iaw,Trastee sball�ive pubUc aatice � . „ ,,,_
<br /> c�ff saie to th�petsons and tR t6e manner pre.scri6ed by upplIcabte Iaw.Trastee,without demand oa Bormrrer,shaU sdl �..
<br /> ��uge�at publlc suct�on to t&e h i g i�e s t b i d d e r a t t he t t me an d p l a c e a n d u a d e r t h e t e m j s d e s i g�o s t e d i*�We natise af ... ,. . .-, �?��:._��
<br /> . :� s�in one or more parcels and in aay scder'1'rastee dete�rmiaes.Te�stee may pastpon�sale o[aU or anp parcel of tlte _, �--- -"
<br /> .'• :,; . �rty by pnb4€c anaouncem� at tta time aad place oY aay �reviously schednted sale. Lender or Its desfgaee may ',-
<br /> , �ase tl�e Praperty at any sale. � �'�°`.
<br /> �,_w�_�---.
<br /> _ Upon receipt of payment of tt�e prtce bid. T�astee shaD deliver to tEse pnrcha_ser Tnutee's dced co�eping tk¢ _ ��-�_
<br /> -: t e
<br /> .. • l�vperty.T6e redtals in the Trustee's deed shafl be pr�fade evede�o�aQ�e�rutb oi the statements made themin. . ...��`_�.
<br /> ;�. ,,;:,,.. Trustee shall aPPly the proceeds of the s�le in the following order:(�to a�B ca�s and expaises��s'egrcirea��e�wer QQ _ .
<br /> .:'�%, saYe,and t6e sale,including the payEaftnII c�the Trustee's fees acta�G��Enc�.aot to e�a� �50.00 or 1/2 %
<br /> a
<br /> �"�r� ai the pdndpal amoant of the note at�Hme of the derlaratfon of defanYt,aad reasonabte attorneys'fces sis permitted _ _ _
<br /> �9sw,(b)to ati sums sec�az-�by this Se�vrity I�strameat;and(c)any exass to the peisoa or pessons leg�lly e�itded to �`�" ."`
<br /> ..,.+- ' � p, .
<br /> 22. Rea�nvcyance. Ugon pay�rcent ef all sums yacued by this Security Instniment. Lender shall reques[ Tmstee to ��.��.:��� ��,�;.
<br /> �Y.•�.: reconvey the P►�operty and shall surrends�:�is Securiry Insuume�s.t arnd all notes evideacing debt secured by this Security a
<br /> :. .- Insmiment to'TYastee.Tn�stee shali recuu�.ey the Proper[y without v,�a�av.ty auJ wiQ►uut cha,-ge to Lhe p�soa or peisons leg�l�Y - 'v---�-' - _
<br /> . .�y .. entitled to it. Suc6 person or persons shaLS pay any recordadon costs. • '';%=��* .
<br /> Z3. Subsdtate Trastee. I.ender,at its option, may from time to time nemove Trastee and appoint a saccessor wstee txs 'a.r,�•: "�:
<br /> �.:,�,; a��r Ttustee appointed dereu�a�'�r by an inswment recorded ia the county in wvich�ivs Security Instnunent is recarded.wthe�t ''�
<br /> cxsnve anoe o f t h e P r o u�e s u c c e s s o r t r u s t e e s h a l t s u c c e e d t a a l l t h e d t l e.p o a�e r a n d d u t i e s o o n f e r r e d u p o n T i u s t e e h e r e i n 'f
<br /> ,.,- �t� .
<br /> ',�'�"�' and by appficablo law.�' ' � ...s;.r<: __
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<br /> ..�:� •{l.��„',T,'� ?A.Reqnest far Notices.Bosower ma�uests that copies of the Aotices of default and sale ae sent to Bonuwer's ad��s .���`- _';'
<br /> ';. which is the Pro rty Address. , .;+.�J::��.
<br /> �e ��, .#r.�"�,r:•
<br /> �. . yS,Ridets to thfs Secujity Instrument.If one or more riders are executed by Borrower and rer,orded together with�*'.,s --
<br /> ' Security Inswmeni.the covenants and agneements of each such rider shall be incorpora2ed into and st�all a�nend and supplcment ` .�;^:-:: .-l:
<br /> the wvenants and ageements of this Security Instrument as if the ride�(s)we�a part of this Security Icutniment. -
<br /> � _ [Check applicable box(es)] �' -"�'- .---
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<br /> � � ❑Adjustable Rate Rider �Condominlum Rider ❑ 1-4 Family Rider __ __
<br /> []Graduated Paym�n!l�ider Planned Unit Devetopment Ridez 0 Biweekly Payment Rider �A �.,w„c, ` -
<br /> ❑Balloon Rider U Rate Improvement Rider ❑Seoo�d Home itider � �,; .-�
<br /> • :fY: � ❑V.Et.R;�er �Othens)[SPec1fYl •' _:.
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<br /> .. BY SIt's'1ING BELOW.Borrower aceepts and ag��es to the ter�s and covenants contained in this Security dnstrument end � '..:1 • Y� ��
<br /> . in any rid�'�)executed by Borrower and recorded with it. '"'��'���.�
<br /> ' Witaesses: l . �
<br /> � .' �ILL A MITCS'tI3SON AND RAY K. MITCH[1SS�]) ��ey_•
<br /> , -Bormwer �
<br /> . . N��t�nv�'::
<br /> �ti4't� �� / _t�•}��ti�:
<br />.. �!���'?t� � A� � `���'/{K�=l��v �e_,.t� ---`i��x
<br /> � 7Gd f
<br /> Bill A. Mitchusson -Bortawer
<br /> .. . ��u{%;.•—
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<br /> (Seal) (Seal) .:�,._ --
<br /> -Borrowcr K3 . MitCh11880II -Borrower � "'��''
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<br /> C011ll S9: . . r:`y}:Y`S`
<br /> STATE OF NEBRASKA, tY ��'r(js�
<br /> The foregoing instrument was acknowleASed before me this 21at day of January . 1997 . . �"""r"'N'5�+., �
<br /> by Bill A. Mitchuason and Ray R. Mitchuason • '�. r ::'`
<br /> .,�.,.�...�,,.�,::
<br /> ,. Wimess my hand and notarial seal at Grand Island, Nebraska in said Counry,the date aforesaid. ' ��'''s'�'`''�''
<br /> ,�,r?(�:i�'.
<br /> . My Commission Eapires: � /t i.� • /lr'L�J'�-� . ----
<br /> " � • Notary Public ' . '
<br /> i[ME�Al110TAAl'�MNilr+�y . r��:�°.,•'�".f��
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<br /> - - �thTi'i i.eivRtlli(i ------ . —
<br /> ', ��! �Cb9iEt�li9�t��jGQ� � vayneo+a Form3028 9f80 ' .
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