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<br />Noi-UNIM. RM COVFNAN"i'S Borrower and Lender further covenant and agree as follows:
<br />19. Aceclerxtion; Rernedtes, leader shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreemtent In this Security lastra.tment (but not prior to acceleration under paragraphs 13 and 17
<br />utdess applilable law provides otherwise). The active s411 specify: (a) the default; (b) the actlos mgmhvd to cure the
<br />default; (c) a date, not km than 30 days from the date the notice is given to Borrower. by which the default must be cured;
<br />and (d) that failure to cure the defaalt on or before the date specified In the notice tratty result La acceleration of the sans
<br />secured by this Security tnstriment and sak of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non- existence of a default or any other
<br />defenseof itorrowerto acceleration and sale. If tie default is mot caredon or before the date specified Ice tie notice, Lender
<br />at its option leay repuire irnrnediate payment in fall of sA sunss secured by this Security Irtstrumat without fustitr
<br />demand and way iavoke the power of sale and any otber remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses iscaived in pursuing the remedies provided in this paragraph 19, including; but not limited to,
<br />reasonablk attorneys' fees and costs of title evidence.
<br />11"Um, power of sale is invoked. Trustee shall record a notice of default in each county in which any part of the
<br />Property Is located and shalt mail copies of such notice is the ima ser prescribed by applicable law to Borrower and to the
<br />ofklr persons prft"ikd by a1110c" law. After the time required by applicable law, Trustee shalt give public notice of
<br />ttitle to the persons sad is the manner prescribed by applicable law. Trustee, without demand on Borrower. shall sett the
<br />Ft°aparty at public auction to the highest bidder at the time and place and under the terms designated tin the notice of sale in
<br />aae or more parcels and in any order I astee determlam Ttttstee tray postpone sale of all or nay parcel of the Property by
<br />public annotutceaent at the time and place of any previously scheduled sale. Lender or its designee tmay purchase the
<br />property at any sate.
<br />Upon receipt of pi*inent of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals its gibe Trustee's deed shall be prima facie evidence of the truth of the statements made thmin,
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not lbu ited
<br />to. Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />lastmment; and (c) smy excess to the petwo or persons legaily entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />person, by agent or by jud Tally appointed receiver) shall be entitled to i:ster upon, take possession of and manage the
<br />Property and to cwUect 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 bite Propeny and collection of rents, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and. zeistonable anorneys' fees, and then to the sums secured by
<br />this Security Instrument_ .
<br />21. Reconveyaaee. Upon payment of all sums secured by this Smurity 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. Trustee shall reconvey the Property without warranty and without charge to the person or persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />Cw.sp .ttttL T r . r..-nder, at iw Option, u`tay 0-M tinte to iinic femove i rubicc and appwrit a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded.
<br />Without 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.
<br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />24. Riders to this Security 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 rider shall be incorporated into and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />❑ Adjustable Rant Rider ❑ Condominium Rider ❑ 2-- 4'Family Rider _
<br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider
<br />❑ Other(s) [specify)
<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.
<br />. LoYetta A. Meier
<br />STATE OF NEBRASKA, . ' Hall County ss:
<br />.................. (Seal)
<br />Borrower
<br />. . ............ ..(Seal)
<br />-- Borrower
<br />On this 6th day of January 1,989 , before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Carl J. Meier and Loretta A. Meier,
<br />each in his and her own right, and as spouse of each other , to me known to be the
<br />identical person(s) whose names) are subscribed to the foregoing instrument and acknowledged the e+:t'wution
<br />thereof to be their Voluntary act and deed.
<br />Witness my hand and notarial sea) at Grand Isla ebraska in said county, the
<br />date aforesaid.
<br />My Commission expires: 4?-/-
<br />eta Ir L0 REQtlES' FOR RE 'ON%J:1'AN( i-
<br />TO .
<br />The undersigned is the holder of the nrge• cu hole, secured he till, i)ecJ ,11 Iru.t SarJ 111,1C Of nntc�, 10l,!kf r:r
<br />%vithallother irrtiehicdnest .cLured h% till, l)ccd of Iru,.t, hate h,c•tt P,ttJ in fail 1 n,, .erV hclt'h11 tluc,tt. d t,•L,;u. J 1:e41
<br />little or nrnc, and the% wvu4 of I tint, %%hi.h :err• t1;- h�rrcti ..ind t., .%,th,•ul %%,nt.ul... ,ti 11, , -, ,
<br />n<tiv, hcttl h- "net un:fct till, DXd 'If Iru -1 I„ the (e:nr.0 ,.. t,;r y,., lip ,;iti a., ",tt ;h,r;-r,•
<br />Mae
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