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<br /> - _._�.��.�.. - - __- .7il1RR1��Ydc13'na�cs�'.Iig!'e �5.�_�!�Le�L�{St�@i�L _--— �-` tP i� �..,�x a�G`E�'-.....
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<br /> (f th� paw�r of sata ts (moic�d, Trustpll �11.r�eord a notk• ot d�hutt (n aaeh eaunty tn whkh �nY part
<br /> -. . ot the Prc►�er*_;+ [s i�te� en� s�l1 r.�!� c�iu�.�f. s�xA ssat� !n !A: �aasr ��lSe� �y �sl�b.o �� ta
<br /> Borrow�r and to th� othar ptrsons t�e�e,r,'.bed bY'�PP��bl� bw. Afttr th� tim� nquF�d by �ppi(cabl� �w�
<br /> . Trast�� �hali pW� publk notkf Of t01!p t0 Ht� rlM�fOfst and tn tR� mann�r pr�tcsib�d tiy ap�ikabt� aw. Trust�t,
<br /> � without d�mand on eorrowar. af�ali :ait t�e Prap�rty �Y�pubqfe �t�ticn to tht h)ph�st btddv �t tlt� ttm� and plre+�
<br /> aed undK th� 4erms dssi9natarl in the nail:e of pl� tn one or more partets and [rt any ordK Ttast�� dtt�rtt►In�s.
<br /> Truttee may postpons s�te of a!1 or �ny ��reei of th� Ptaprrty 6y pubtTe anrtounc�m�nt st ti� ttm� and pl�e� of
<br /> any pr�viou:ty �h�dut:d sat�. Lr►der ar Ptt d��fgn�� rrqiY At+rohl�s� tht PropKty a! anY pl�.
<br /> Upon r�e�pt of p:ynnsnt af th� pek� b[d, Tru=t�� sha(f dtltvt� !o th• ptseMs�r Trust��'s d��d unvsy(np
<br /> the PropKty. Th� neit�fs In ths Tnixte�'s de�s!shsll bt primt fact� �vtdene� of th� truth af th� �ttm�ntt mad�
<br /> therNn. Trust�� sAaH app(y tha PTaeeda o4 th�. ssle (n th� fol►ow(np ordK; (� to aq �xp�nss� of the s�I�,
<br /> � inctudln�. but not Itmtt�d to, 7rurte�'s f��t as permttt�d by applfcabV tsw and rasenfbt� attorn�ys' f���� m) to
<br /> alt sums :�ar�d by thts Ssesa€ty tr►xtrun�rnt; and�t�I any �xe�ss to th� pa�san or p�rsons l�patly �ntkhd to k. `'
<br /> � 20. l�nder in Possassloef. Upon acceteration under paragrapA 19 or ahandorment of tAe Property. Lender (in '
<br /> � person, by aga�t ov by ju�i:i3!�l a�ROe�da� reCeaar) shall be entitled to enter upon, take pOSSession of and manaqe tne
<br /> Property zr,� to eat!ect the rer�ts of th� Properry including thase past due. Any rents coi►�ctecf by Lender or the
<br /> , receiver ShZil be apptied itrst ta p�:,�►e�= af the costs of management ot ths Property �r! cotigction of rents. includir.g,
<br /> Out no1 lenited to, receirer'S feos, pre�nhrns on race'aer's bonds and reasan�!e atta*neys' fees, and ihen to the suns
<br /> sscured by thi5 Secur;r�� tnstnm�nt. •
<br /> 21. Reeonvsyan:s_ UFa� Pc/m�nt oi at! suns seceued by this Sec��j Instnanent, Lender shau request Trustee
<br /> to reconray ct:e PropBrty an3 s'�3i::su_nender this Securitp mstr�*+ent anA an notes evr�encmg debr Secured 4y this
<br /> Securiry tr,strUneni tp TruStos. Frustpe .`fi3il reconvey tAe Prope�Yy without warranty dr:Q. vr;4oul Cfi2r'ge t0 the p6rson
<br /> : , ' • �r persons teg���j en2rttad ta�,ir_ Such.pecson or persons shall pay c:.y recardation cosss.
<br /> � Z2. Substitute Trusia�s..Lenye��,at its option, may fram tina ro tcr-e rsmove Trustee and ��omt a successor
<br /> ' tru5tee tp an� Tru5te9 �,[�patnl�d•.�Rrsi,c;3er by an instnment recorded in tFe cc�.firy in whiCh thi5 SeCUrity fn5tnm8ni is
<br /> � reCOrqpd. �Nqh�tlt C0:7J8ytnCa°Of� th@ F,�operty. ihe SuCC65SOr tru5tee sha!% S.cCCe@d ia 0!I The title, pOwer and dutiOS
<br /> Conferreb up�n Trustee P.�re"s�. �z•3, Gy �pliCdble IOw.
<br /> 23, Request fcic� fJ�t�fxF. �o�rower raquests that copies of rnc- ncYsces a` default and sale be sent to
<br /> Borrowsr's addres� tirf.i;S•�, is Ih;�Property Address. Borrower requests thzt � crpy of � notice of defautt artd a copy '
<br /> of ar,� mtice of ;zlo �!:zreu-��r shall be mai�d to each person who is a .;�ty to this Daed oi Trust at the address
<br /> set foftt� hgr9�n. E2ch.SuCh• nptice 5ha1I be mailed to each such person 3t the S�r10 t�'te and in the S2m8 tn2nner
<br /> , rea�.,re� 2s thou�.h a saparate requ2sf th:r.efore had been f�►sd Gy ea�h such person.
<br /> 24. Rlders to this Seartty� [:strument. �f one or rrcre riders are executed by Borrower and re�ecded � .
<br /> tu�:11:�r witn tf,i; Secair;. !nsfnmsnr� rra covenanis and agreements of ea�h such rider shal� be ;rs.:¢rr�orated �to and •
<br /> :,h:�ll� ameM ana supGcQm3nt tc�� covenants and agrE.r�-ents ot this Security i�str�rr,ent as if the rid�r{sl� were a part of ' `
<br /> Tti�i-lr'�:uiri;tnstr�nznt. (ChF:;c �pliGZGie bOx(es)) •
<br /> ' � Q' Adj:stable Rat� F der p Condomirnun Rider Q 2-4 Faniy Rider � .r"=
<br /> Q Graduated Pc�rnent Rider ❑ Planned Unrt Devatopmont Rider ,
<br /> Q 0�"•=tt:i (SpeCity) _
<br /> BV SIGNING BELOW, Borrower accepts ar.d agreas to the terms and covenants containeC in this Security -
<br /> Iny�nsnent and in arr,� riCeKs) execNed by Borrower �rd recorded witD it. .
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<br /> GARY . SULLI AN i .
<br /> . . . ..�,n�a^,�.....................................(SoaO •--_...........................................................................................................�.fSeaO ,�.
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<br /> • MYRN`�UL L I VAN :,�'
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<br /> ACK[tltE'WLEOGMENT �
<br /> uwe,Gary K. Sullivan and Myrna J. , ("t'rustar'�, under t��� cena�n Oaed of Trust dated
<br /> Sullivan, Huaband and Wife Feb. 21 1990. �"�eed of Trusr� co ne entorpd �nto
<br /> � amoung 7rustor� First American Title Insurance Cotfipany, A �alifornia Carporation
<br /> c^���sreo°) a�d ALFI I3ome Mortga�es, Inc. • �
<br /> (°Benefic�ary'� covenng thg ic,tow�ng desCrvbed prcper?y:
<br /> ' LEGAL DE5�pIPT!QN; Lo� Twenty-five (25) , Block Three(3) , �Zde Mill Subdivision
<br /> in the City of Grand Island, Hall Countr, Nebraska.
<br /> � noroby acknaw�eage �nat � �s untlerstood tnai (a) the Doetl of '�.� to be exe,:�e� t•J Trustor is a Trust deed :•� -��c
<br /> . a mortc�age and (b) the ,aw3r of sale provided ior i,� the Qeed of T►us* crcviCeS substantially Q�fP�ront rights and
<br /> . , �,
<br /> obl�gations to The 1'rustor :�y. a mortgage �n the er�n; of a detauit of breacn ot obl,g�;:c�. '
<br /> , Trustor Acknowtadges that th�, A�kr,otivtedgnent was mado pr�or to the oxoCUtion of ��8 Doetl ot Trust. '
<br /> �XOC�roa an9 qoln,orod rn�; 21st a�'r ot February � �g 90 ___
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