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<br /> � Borrower shatl promptly give Lender written notice of any imestigation, c!aim, demand. lawsu;t or other ac!ion by aqy "„' t �.'E"'�'�`� `•
<br /> � �' � ,� governmerital or regulatory agency or private parey involving the Property and any Harardous Sebstance or Emironmental Law :,°4F;�;`�' •< •'�,'
<br /> � �c �`� ' � of w6ich Botmwer has actua! lrnawiedge. If Boitower tearns,or is nodfied 6y any governmental or regulatory authority,that� ,
<br /> �', z �: - . .t anyr removal or other remediation of any Hazardous Substance affecting the Property is n�essary.Borrawer shati promptly take� •�a���a
<br /> . s a!1 Qecessary remedial actions in accordance with Environmentat Law. � - • - ,
<br /> `t : ` ps�sed in this paragraph 20, 'HaTardous Substances"aze those substances defined as toxic ar hazardous substanoes by -� .
<br /> • ' ' Environcnental Law and the toUowing substances: gasoline. kemsene, other flammabte or mzic petroleum products, ta�cic � . �y�`. c'
<br /> � . . , "' � p e s t i c i d e s a i t d herbicides,volatile solverts.materials cantaining asbestos or fo m i a l d e hy de.a n d t a dio a c tive ma tenals.As used ire Q �. `�,
<br /> � . . � �`_,f this paragrapb 20. "Eavironmental Law" means federal laws artd l a�+rs o f t he juri s d icaon w here t he P rope rt y i s l o r a t e d t h a t . `,' �'.E� �,�
<br /> ' . relate to health.safety or environmentat protection. � • �. .
<br /> ' NON-UNIFOI2.M COVENANTS.Boaower and Lender further rnvenant and agreP as fo!lows: • � � . • .
<br /> ,f :. . "� .� : : Zt. Acceteistton;Remedies.Lender shalt give Qotfce to Borrower psFor to acce�eratlon foliowing Borrowea's breac6� '.. �� `. �,
<br /> . �:�.
<br /> �: ;"_.�--�: of any coveaaait or agreemeat In th3s SecuritY IostNment (bnt aot prior to scceleration under paragcaph 17 nnless
<br /> - - " ' - - appltaable taw provides oihenrise},T6e not�ce shall specify: (a)the default; (b)ihe actton requtmd to care the defauk; ,� � ,
<br /> -- - {c)a date,a�Eess tt�an 30 days fsom tt�date tlie notice is givea to Borrower,bY w6Ich tP�e defaWt must be cured;and = _� `
<br /> • ±� (dy Wat faiture to cure the deYaalt an nr beFore the date specifieal tn the rtotice may resvlt in acoeleratIon of the;ums ;._ :
<br /> ' ° <.;Y secwrd by t6is Securltr Instrament and sale of the Progerty.'i'I�e notice shaU further inform Borrower of the right to . . '. ,.-.
<br /> :t c. , ,_ :
<br /> " " reinstate after accelesat�pn aud t�e rlght to bring a court acffon W�ssert the non-a�risteace of a defantt or any other :', .:,4 ;�.•.
<br /> ' defeose of Bosrowes to aoceterat[on aad sate.If the default is aot cwed on or before the date specifierl ia the notioe,
<br />.. -�-,F. . ,t:,n' Lender, at its option,may eeqWre imme8iate payment in fuU of all sums sec��red by t6Ls Secarity Iastramtnt withoat ., �`.����•>'>
<br /> 4.• . ^-,, farther demand and may i�oke the po�ver of sale and any other remedIes permitted by applicable law.Lender shall be �
<br /> incurred iu parsui�the t�atedtes provided Lo t6Ls paragraph 21,Iaclading,but not Umtted ` �'�'�:`
<br /> ' : et�titted to wDect aA a�penses �.�
<br /> ' to,�easonabte auoraeps'fees and costs of titie evfdraoe. ' �-_:_
<br /> ` � '°1{ if We power of sale is im�oked,Trastee shaU �eoord a natice ofF defantt in each county in whIcb any part of the . . . -.
<br /> � ,' .. properig, is located au�shall mail copies of such aat[ce tu ttee akwner prescrlhal Iry app9�cable law to Borrower and to _ ,.
<br /> ' - the oiher peisnas presaribed by appllcable taw.After the ttme req�Ined by appl�cable law,T�vstee slsaU give pnhlIc noSce ; :- -
<br /> �,:`;" of sate Lo the persons and in the ma�uier presrribed by apptIc�ble law.Trastee,wIthoat demand on Borrower,sirall seU 4� � �-; ;
<br /> ' � •� , the Property at public auction to We dighest 6I d der at t he time aa d p l ace a a d an der We t e r m s d e s i g n a[�d i�ihe no ice of
<br /> . !. . saie in one ar more panels aad in arty order Trostee determines.Trastee may pastpnne sale o!a0 or any parael oY the �``-�_•�
<br /> : ' `� .�` �'oP�9 b9 P��c annouacement at the time and place o!any previonsfy schednted s�e.Lender or its d�ignee may • _�
<br /> . � pmchase We Property at any sale. � � �` .��'._�e
<br /> _.__ : ,."j"�� _ Upon receipi of paym�t of thP price bId, TnLCtee s1�aI1 delieer to tSe pume�as�Tnntee's deed�nveyiag the _ : ,.-• ` __
<br /> � .'�- ,, Pro�a�Sy.The recitals in We Tn�tee's deed sUalf 6e prtina facte evidence of the teuW of the statements made thesein. v. �� -���
<br /> • • � Trn�e sLall apply t6e praceeds of the sale in the following order:(a)to all oosts and expenses of exercfsing the power of :: f.. �;�
<br /> , the eater'`of �" �
<br /> _ � ,.. _ sat�and the sale,inciuding the payment of ttte Trastee s fces actually incurred,nnt to exc�eed ��ue�t°�5s�ermitted :'�,,�
<br /> •-••� _ of the prindpal amoont of the unte at the time oY;he declaratlon of default,snd eeasonabte a '�
<br /> -, - • -` .� by law:(b)to all smns secured by thLs Secarity Iastrumeat;aad(c)any exeess to the person or peisons tegally enHtled to . :.'�
<br /> '• ,'�i it.
<br /> �� *��:
<br /> • . Z2. Recoaveyance. Upan payment of all sums secured by this Security Iastrument, l.ender st�all request Tnutee to . :_-__-
<br /> . ' .. " reconvey the Property and shall sunender this Security Instcument and all notes evidencing debt secured by this Security ..•,;___
<br /> � - •"- - ' Instrument to Tnutee.Tn�stee shali recanvey the Property without wamanty and withont charge to the person or petsons legally ...':,. _•�_
<br /> , .� .� endtled to it.Such person or pessor�s shall pay any recordation costs. � `�;�;� ' .,—.�
<br /> � � •� 23, gabslitute�'rnstee. L�ender.at its oprion, may from time w 6me remove Trustee and appoint a successor trustee to :, .;r<,•���._.
<br /> � aay Trustee appointed hereunder by an insuument recorded in the wuniy in which this Security Instn�ment is recorded.Without � '�-�„
<br /> ' .. ' wnveyance of the Ymperry,the successar truste�shall succeed to all the title.power and duties conferred upon Tnutee herein . --
<br /> and Gy applicable law. ,. '�'�"_
<br /> ` '-��` _ ��- ?A. Request Par Notfces.Barrower requests that copies of the noaces of default and sale Le sent to Barmw�'s address , �_
<br /> ce
<br /> � � which is the Property Address. � _
<br /> � Z5. Rtdets to thls Secusity Instrument.If one or more riders are executed by Borcower and recorded together with this ��, �.--
<br /> , ' ' • Security Instrument,the covenanu and agreemenu 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 IastrumenL ��,•��,�
<br /> : • � [Check applicable boa(es)) ' ----
<br /> -�..�s
<br /> . . . . . • ,,��:,�,:.:;,.,;:,_:
<br /> � [�Adjustable Rate Rider ❑Condominium Rider �1-4 Family Rider ---
<br /> _ • � . � ' �Graduated Payment Rider �Planned Unit Development Rider �Biweekly Payment Rider =
<br /> - ' ' � � � � 0 Balloon Rider 0 Rate Improvement Rider 0 Second Kome Rider -:�.:
<br /> . . 0 V.A.Rider Q Other(s)[specify] �'. � .- -, .... :
<br /> _ • . � ,..�.
<br /> . . . `r . ' .
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<br /> . . � BY SIGNING BELOW.Borrower aocepts and agrces to the terms and covenants wntained in this Security instrument aad �. . .
<br /> � ' � ` is�any rider(s)execute�by Borrower and recorded with it. .
<br /> �. Witnesses:
<br /> � ' �. CLAREtv'CE G SMITEI AND BRENDA L. SMITH (Seal) � •
<br /> . : -Hortower . • .
<br /> i, � • .. . ,
<br /> - ' ���.=–r�—�.XL F:=��� —($C�) ' ' .
<br /> . Clarence G. Smith -sorrower
<br /> . . .� . . . : .
<br /> . , i. �seab ����L�i Z^�=e� tseal> _ � � . . . _
<br /> � 4 -eorrowcr Brenda L. SIDith •Bormwer ' �
<br /> �t . j .
<br /> 5
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<br /> . . � STATE OF NEBRASKA. County ss: . .
<br /> �j The foregoing instrument was acknowieclged before me this Sth day af Mareh , 1998 ,
<br /> ° .' by Clarence G. and Brenda L. Smith • .
<br /> Witness my hand and notarial seal at 6rand Island. Nebraska in said County,the date aforesaid. . _ : -
<br /> ,. My Commission Expires: y^i'A�1-.�+ `� I V�-^–"�-.�LV ': ;
<br /> � ' `1L'"L"'evilJ���. Z!C�,�y Notary Pub{ic ' . .
<br /> ; . �IERA1NOtARY•ShtealtleOnsb • .
<br /> � - ...-- -.•__.._� tavaa�.uopnrEtt .. ..
<br /> � � O.SyCOmm.EiQifJct.1.1000 Qo+e Form3028 9190 - .-- --
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