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<br /> NoN-UNiFORM COV ENAN'fS.Horrawer and I.ender(urthsr covenant and agree as follu�vs:
<br /> 90- 10027�
<br /> 19, Arceteratlor; Reme�tes. I.�nder shall givc a�Hce tu Borro�ser prior to accelcrat�on foltowieg Borrawer•s
<br /> brach of any corenant or agreement in this Security Instrument(but not prlor to acceleration under paragraphs 13 and 1T
<br /> uoteas�pplicable !aw provides otheewtse).The natice shail apecify: (al the default; (b)tbe actlan re�uired to curP the
<br /> � dsfitult;tc3 R date,not less than 30 days trom the date the eoNce ts gtven to Borro�er,by which the default mnst be cured;
<br /> an�(d)tb�t t�ilure to�ure t6e def�ult on or 6efore the date specifted in the notice may result in acceleration of the sums
<br /> � secured by this Seeurity I�sttument and sale of tde Piroperty.The aotice sh�ll further laform Borrower of the rtght to
<br /> retnstite after�ccelerallon aad the �ight to bring a court�cdon to Assert the non-existence of a default or any other
<br /> def�se of Borrawer to accelenNon and sale.Itthe default i�not cured on or before the d*te specifled i�the aotice,I.ender
<br /> at its opdon may reguire immedlate payment in full of all sums secured by this Security Instrument r►ithout further
<br /> � � demaad and msy ia�oke the power of sale and ony other reme�ies permitted by opplicable t�w.Lender shall be entitled ta
<br /> twllect all c:penxs taturrtd in purauiag t6e remedies prodded in this paragraph 19, includiag; but nat llmited to,
<br /> re�sonable attorneys'[ees and costs ot tltte erldence.
<br /> � , If the power of sale is invoked,'1'rustee shall secord a rtoNce of default in esch county In w6ic6 any part of the
<br /> Property is located and shatl mail copies of such notice in ths manner prescribed 6y appllcable tar to Borrower and to the
<br /> othe�person�prescribed by applicable law.After the time required by applicable law,Trustee shall give public notic�of
<br /> ule to the peraons and in the manner pr�crdbed by spplic�ble 1��.Trustee,without demand on Horrower.sfiall sell the
<br /> Property at pablle aucdon to the highest bldder at the time And p1ACe and under the terms designate�in the notice of sale in
<br /> one ar more pucels aad in any order Trustee determines.Trustee may postpone sale of all or any parcel of the Property by
<br /> ; public anaouncement at the dme and place of any predously scheduled sxle. I.ender or tts designee ms�y purchase the
<br /> ' Property at any sale.
<br /> ` Upon receipt of psymeat of the price bid,Trustee shall deliver to the pnrchaser Trustee's deed conveying the
<br /> � Property.The reciWs in We Trustee's deed shall be prima facle evidence of the truth af the sts�tements made therein.
<br /> � Trustee shall apply the proceeds of the sale in the following order.(a)to�ll expeases of t6e sale,including,but not limited
<br /> � to.Trustee's fees as permitted by�pplicable l�w nnd reasoaable attorneys'fees;(b)to all sums secured by this Security
<br /> Instrument;and(c)any excess to the person or persons legs�lly eatitled to i�
<br /> ; 20. I.ender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property. I.ender (in ,
<br /> � person, by agent or by judicially appointed receiver) shal!be entitled to enter upon, take possession of and manage the
<br /> i Property and to collect the rents of the Property including those past due.Any rents collected by Lender or the receiver
<br /> � shall be applied first to payment of the costs of management of the Property and collectian of rents,including, bat not
<br /> � limited to,receiver'�fees,premiums on receiver's bonds and reasonable attorneys'fees,and then to the sums secured by
<br /> this Security lnstrument.
<br /> 21.Reconveyanca 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.Trustce shall reconvey the Property without warranty and without charge to the person or persons ' �
<br /> �_ � leRallY entitled to it.Such persan ar persons shall nay any recordation costs. '-
<br /> � � 1Z.Substjtute Trustee.Lender.at its option�may from time to time remove Trustee and appoint a successor trustce i;�.
<br /> � to any Trustee appointed hereunder by an instrument rceorded in the county in which this Security Instrument is recorded. + �
<br /> � Without conveyance of the Propetty,the successor trustoe shall succeed to all the title,power and duties conferred upon =
<br /> ; Trustee herein and by applicable law. �_-
<br /> , 23.Request fo� Notices. Bonower requests that copies of the natices of default and sale be sent to Borrower's
<br /> address which is the Property Address. t
<br /> ; 24.Rlders to this Secur(ty Instrument.If one or morc riders are eaecuted by Borrower and recorded together with
<br /> j this Security Instrument,the wvenants and agreements of each such rider shall be incorporated into and shall amend and
<br /> � supplemrnt the covenants and agre�ments of this Security Instrument as if the rider(s) were a part of this Security
<br /> ; Instrument.[Check applicable box(es)]
<br /> _ � Adjustable Rate Rider � Condominium Rider � 2-4 Family Rider _
<br /> ❑ Graduated Payment Rider � Planned Unit Iyevelopment Rider ��
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<br /> ° ❑ Oiher(s) [specify] ,�
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<br /> i BY SI(3N1NG BELOW. Borrower accepts and agrees to the terms and covenants contained in this Seeurity
<br /> Instrument and in any rider(s)executed by Borrower and recorded with it. �
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<br /> � ........................................................................................ . .......�P.... .-.��..... .�
<br /> : cs�>>
<br /> ; ' �Sue E. �Ponton =eo►►oWe►
<br /> , ........................................................................................ .................................................................................... .(Seal)
<br /> -Borrower
<br /> STAtE OF NEBRASKA, Hall Cotlnty ss:
<br /> On this 16 th day of Janaury ,�q 90 . beforc me, the undersigned, a Notary Public
<br /> duly commissioned and qualified for saic!county,personaUy came Sue E. Ponton, an unmarried person,
<br /> �' , to me kno�sn to bc thc '
<br /> icientical person(s) whose narr�e(s) are subscribed to the foregoing instrument and acknowledged the exccution i
<br /> thercof to be her volumary act and deed.
<br /> Witness my hand and notarial scal at Grand Isl , N brask� in tiaid coun�y, ihc �
<br />-- � date aforesaid. �
<br /> My tommission Pxpires: q../_ y� � �
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