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<br />89~ 1.00028
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<br />NON,l)NIFOIlM COVFNANTS Borrower and tender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Lender shall &lye notice to Borrower prior to a~eler.tlon followlnz Borrowu's
<br />bread~ of uy coyeunt or qreelllfnt In thlt Seturlty lutrument (but not prior to acceleration under para&faphs 13 and 17
<br />"lieu a"UeaWe law proYI" otherwllt). TIlt notice shall sllftlly: (I) the default; (11) the action required to cure the
<br />delault; (c:) . date, not lea than 30 days fro.. the date the nottce IlalYen to Borrower, by which the default must be cured;
<br />lad (.) tlW falllU't to cure tilt delault oa or before tile date specified in the Ilottce IIAY result in acceleration of tile lUlU
<br />secured b)' tills Security Inttrallltllt lad sale of the Property. TIle notice sllall further inform Borrower of the riallt to
<br />relMtate .net' aeeeleratlon ucI tlte rltht tC' ...."1 " CO\lft Mdo. to MIen tlte IIOll-eJdsteMe of . default or Ifty other
<br />deleue of Borrower to aeeeleratton and sale. If tile delault i. not cured oa or before the datespeclfted In the notice. Lendcr
<br />at ill opttOI IDlY require illllHdlate plymellt In full of all SallU secured by this Secllrlty Instrument without funher
<br />...... ud..y inyoke the power of lIle and any other rellledles permitted by Ippllcable Ill'. Lender shall be entitled to
<br />collect .at ellpenRl Incurred in purlulla the remedies proYlded In this parqraph 19, Including; but not limited to.
<br />rcaoubIe Ittame)'s' fees and COlts oftttle nidellCe.
<br />It die power of sale Is in,oked, Trustee sball record I nottce of deliult In each county in whi~h Iny part 01 the
<br />Pro,erty ..located.... shall uJl COItIIS ofsuc:b notfce f. the IIIIftMr preacribed by Ippllcable I.w to Borrower and to the
<br />otller JtI'IOM preseribed by I..Ucable law, After the 11_ required by applicable IIW, Tnstee shall live public notice of
<br />sale to the penoas ad In the mlnner prescribed by Ippllcable Ilw. Trustee, without demand on Borrower, shall sell the
<br />Property at publl~ luction to the bi&hest bidder at the time and pll~e aH VJJ:der the terms designated: in the notice 01 sale in
<br />one or more parcels and In any order Trustee determines, Trustee may ~ sale o.f aU or any~1 of the Property by
<br />publle announcement at tile time and pllce of any prefiously schedun~ sane-.. temdB or Its desipee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid. Trustee shall delilW t9 the purt!lllaser Tru".sd~~'Veylnl tb~
<br />Property. 'he recitals In the Trustee's deed sball be prima facie eYidt~ o( the truth of the stUe..b IlUde therein.
<br />Trustee shaD apply the proceeds of the sale in the following wder: (a) ttiaq;) expenses of the sale. ill8~~'&ut not limited
<br />to, Trustee's fees IS permitted by applicable IIW and reasoaUh attorrie)'s' fees; (b)tilJ all sums seeured ~y tll'tlis Security
<br />bstrument; and (c:) any excess to the person or penons legalR)' entitled to it. .', .' .
<br />. . ZOo Lender in Possession. Upon acceleration under paragraph !9 or .'Slbailldonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled tQl ~ri'erupon, take possession of and manage the
<br />Property and to collect tbe rents of tbc Property including those past due. Any rents collected by Lender or the receiv~r
<br />shall be applied first to payment of the costs of management of the Property and <,:oUection of rents, including, but n.ot
<br />limited to, receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums secured C;y,'
<br />this Security Instrument. '
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<br />11. Reco.yeyuce. Upon payment of aA~ Sums secured by this Security Instrument. Lender shall. rtqu:es.t Trustee to
<br />reconvey the Property and shall surmuief',tfus S~urity Instrument and all notes evidencing ceQ.2 se.".Ured by this Security
<br />, Instrument to Trustee. Trustee shann f1e'C(.'ntiey thc Property without warranty and withcllt: charge [0 tbe perscri. Ct' persons
<br />lcgallyentitled to it. Such person or persons shall pay any recordation costs, ..
<br />:2. Slib.11tiitc Ti-uitec. Lender, at Iii; uPiion, Iii.)' frofli iim~ to Hilll: Il:liluv\: T ruilta: aml'~illt ilsu~~r trusta:
<br />to any Trustee appointed hereunder by an instrument recorded in tbe county in which this Security Instrument is recorded.
<br />Witbout conveyance of the Property, the successor trustee shall succeed to all the title. power and duties conferred upon
<br />Trustee herein and by applicable law.
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<br />23. Request for Noti~. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is tbe Property Address.
<br />
<br />14. Riden to tltis ~urity Instrument. If one or more riders are executed by Borrower and recorded together with
<br />. this Security Instrument, the covenants and agreements of each such ri<<ier shall be incorporated inf:o'and shall amend and
<br />supplemcn~ thc covenants and agreements of this Security lostrumen~ as if the 'nder(s) wert:. a part of this Security
<br />Instrumcat, [Check applicable bCl'll(es)) i . ". . "
<br />
<br />o Adjustable Rate Rider' 0 Condominium Rid~ [] '2',4 . Family Ridcr
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<br />o Graduated Payment '. Rider
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<br />o Planned Unit Development Rider
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<br />o Other(s) (specify]
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<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
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<br />. ....., .................., ,(Seal)
<br />-Borrower
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<br />STATE OF NEBRASKA.
<br />
<br />Hall' . , County 5S:
<br />
<br />On this 29th day of Oecmeber' .1988. before mc.,:l:he undersigned, a Notary Public
<br />duly commissioned and qualified for .said cou:n~y; pcr~Q1na~Ly came Beverl y J,. Hansen'~ ~nd Bernard C,
<br />. Hansen, each in her and his ownl'lght, and as spolJse of each othet,'to me known to be the
<br />identical person(s) wh~se name(s) ar.c sUDscrafsed to the foregoinginmumcn!, and acknowledged the execution
<br />thereof to be then voluntary <<i!>C. and deed; , '
<br />Witness my hand and notarial seal al G:rand ':Island Nebraska in ~aid cOllnty. Il~12
<br />date aforesaid. .'
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<br />My Commission expires: 1/_ ;:(S". J;<
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<br />REQUEST fOR RI:CONVI'.YAN('J'
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