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<br /> -( NQN-UNt��RM COVENANTS. Borro�ser and Lender further co�•enant and agree as fallo�cs: �V- - �0����
<br /> , 17.�orcctosurr Procrderc.lt LcRder requir�s immedlate psy ment ia fui!undee puragraph 9.Lender may i�vokt t�te por�e� .
<br /> � ot salr and any otiier remedies�aermitted by appllcabk Vw.Leadsr shsll6e entitied lo colteci all expeese3 incuned fe pnrsuiisg
<br /> Ihe rrmedies ueder thts puagraph t7.[actuding. bnt not timked ta, reason�bfe attoreeys' tees and costs of tide�viderECe.
<br /> — -- � Ii thr power o�ss�k is tnvoked,Truster sl�ali record a rtoticr of def9ult in eacb caunty in wi�ic6 9ny put of t6c�Propecty
<br /> � is loc4ted aad shsli ma11 rnpf e�of sucb notice in the mAener prac�ibed by agpLiatbte bw to Borrower and to tiie othtr pee^�oas
<br /> presc�ll�6y lgplicabk�*.,4�[tec the tim�required b}�pplit�bie t�w,Tnestse sh�!!give public notice of s�M�o t6c pe�s�oe�_
<br /> vtd Ia the maeser presc�ihtd bb xpplecabk[aw.Trusta.without dem�nd oa Bonower,shsll seU the Property at pnLlic Aact3on
<br /> to tie Mi�6est bidder at t1�E,iiRte wnd place artd Wader tbe terms desigaated ia t6e aaticc of sate in oae or more pwrctls aod
<br /> ie any order Trnsta detern��q�:q.Trusta may postpoe�e�le ot All or any parcel of t�e Property by pu6lic annaQnremee!at
<br /> tbe��e�ed p1�ce o!9ay,��v3�psly scbedakd snk. Leades or its des�gnet may parchsse the Property�t any sak_
<br /> iTpon rcaipt ot��y�l�:pf,P�te pdce 6id,Trustee sb�ll deliver to t6e purc6�tser Trusta`s deed coaveyin�tl�e Yroperty.
<br /> The recetals ia ttfeTffYSt�p�'���#ttall be prima f�cie evidence of the trutg of the sEatenients made thercin.Trasta sh�!)apply
<br /> : the proceeds of ibt��tk?;�pif�lt�,gnitflwin=order:{a)to AI!cxpenses of the sak, incl�dieg, bat eot limited to,TrYStee's fees
<br /> As permitted by appHt�bletls�t�at�iteasoaabk attorneys' fees;(b)to all sums secured by this Security Instruirtent;atd ic)A�S•
<br /> , excess to t6e person ar�.gr�FVng�S�,�ily entitkd to it.
<br /> la.R�coaveyaece.Upon�paymeni of alI sums secured by this Security Instrument,Lender shall request Trustee to seconvey
<br /> ' the ProperEy and shall surrender this Security Instrument and a11 noLes evidencing debt secured by this Security [nstrumecnt
<br /> to Trvstee.7rustee shall reconvey the Propeny without warranty and without charge to the person or persons tegalt3r entided
<br /> to it. Such petson or gersorts�shaU pay any recordation costs. '
<br /> 19.Sabstttute Trostte. Lender,at its option, may from time to tir�e remove Trustee and appoint a successar trustee to �
<br /> any Tcustee apAOintad hereunder by an instrument recorded in the coanty in which this Security Instrument is recorded.Withaut '
<br /> �' c�nveyaace of th�Property,the successor trustee shal[succeed to all the title,power and duties conferred upon Trustee herein �
<br /> and by applicable taw. �
<br /> 24.Request for Not�ces.Borrower requests that copies of the notices of default and sale be sent to.Bonower's address �
<br /> : J which is the Property Address.�!�orrower further requests that copies of the notices af default and sale be sent to the person
<br /> � set fo�th herein." —
<br /> � . .
<br /> � Accelersttion Clause.Horro�ver agrees that should this Security la►strument and the note secured thereby nat be eligibte .
<br /> ' for insurance under the Nat�sac�i Housing Act within ninety days � from [ha date tte�f, Lender may,at ,�;.::�:
<br /> ? its opt�an and notwiths�tandirt a.�ything in Paragraph 9,require immediate payment in full of all sums��tiri�by this Security ��=��''�
<br /> � Insttument.A writr:�n:s*.atement of any authorized agent of the SeCretary dated subsequent co ' ,
<br /> ' from the date hereofy declining to insure this Security Instrument and the note secured thereby,shaU be deemed c���lusive _
<br /> ptoof of such ineligihility.Notwithstanding the foregoing,this optian may not be exercised by Lender when the unavailability �=--
<br /> ' M1',
<br /> of insurance is solel due ta Lender's failure to remi!� mortgage insurance premium to the secretary. "`=�''_
<br /> �
<br /> Riders to is Seeurity Instrameet. If one or more riders are executed by Borrower and recorded to�ether with this �
<br /> Security Instrument,the covenants oF each such rider shall be incorporated into and shall amend and supplement the covenants -
<br /> and agreements of this Security Instrument as if the rider(s)were in a part of[his Security Instrument.(Check applicabte box{es)] .
<br /> ' 0 Condominium Rider �Adjustabte Rate Rider (�Grawing Ct�uity Rider '_
<br /> �Planned Unit Development Rider �Graduated Payment Rider []Other
<br /> �
<br /> ; ET��i�iNING BELOW,Borrower accepts aud agr:es[o[he terms contained in this Security lnstrurncnt and in any rider(s) .
<br /> � execut�T�i� �orrower and recorded with it. �
<br /> : . . ' J � .� . �.
<br /> � Witness�.: �' � •�-
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<br /> . ... —.(5eaD); , 4 ,.�.
<br /> Bra ey G. agC -Hor�o�vc�r
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<br /> � a L. Conroy Karmin R. SSge .13arrurrci -
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<br /> .B��rru�tics -Barro�re�
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<br /> AC(SIti�7W1 EOGM�NT
<br /> I/We. Bradley G. Sage and�Karmin R. Sa�e ,(`�TfU9tCr't),und�rt ihat certain Deeci af Trus�dated
<br /> March 6, 1990 , ("Deecl os•7r�.iyt'•1 to be entered into am�ng Truytar„ National Bank of '
<br /> Commeree Trust and Savings Assoeiation . {"Trustee") and
<br /> The Overland Nutional Bank. of Grand Island (•`Brnci'iciary")coverin�the Following described property:
<br /> LEGAL DESCRIPTlON: Lot 5ix (6), Block Two (2), Lambert's 5econd Addit3on to the City of ,--=r__
<br /> Grnnd Island, tiall County, Nebraska. ;
<br /> • hereby aeknawledge that it is understood that(a)the Ueed oi'Trust to be executed by 1'rust�:is a trust deecl and not a ntortb.�ge ,
<br /> and(b)the power of sale provided fvr in the Deed�i'Trust pravides substantially dif ferent righ�s and obligations tu Ihe Trustor �
<br /> � than a murtgage in thc cvent of a dei'ault of breach of obligation. �.
<br /> _ Trs�s!�s Acl:nQt.�lelo�st�st �t�i� ::ck��swt:.tlgsncs�i tias srsadc �►rioF sa the rheeutit�� af�h� €'fc�ci c,f"€'rtr,t.
<br /> � Execoted and deliv ec) thi�� 6th �;��.�� March , �y 9b
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