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<br />X
<br />1-
<br />NON-
<br />UNIFORM COVENANTS. Borrower and Lender further covenant ::id agree as flit s° 100272
<br />19. Acceleration; Remedies. Leader shall Rive notice to Borrower prior to acceleration following Borrower's
<br />breach of say covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />w kas applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />defaalt; (c) a date, not leas than 30 days those the date the notice is given to Borrower, by which the default must be cured:
<br />and (d) that faflare to care the default on or before the bate speciRed in the notice may result In scceitration of the some
<br />secured by this Secmity Instrument and sale of the Property. The notice shall fartlser infilt'nr Borrower of the right to
<br />reinstate after acceleration and the right to brig a court action to assert the nom- existence of a default or any other
<br />deftese of Borrower to acceleration and sale. If the default h not cured on or befaro the date specified In the notice, Lender
<br />at its option may require Immediate payment is fall of all sums secured by this Security Instrument without fwtber
<br />demand and essay iavoke the power of sale and any other remedles permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred In pursuing the remedies provided is this paragraph 19, iuclading: but not limited to,
<br />reasosaik attorneys' fm and costs of tick evideace.
<br />If the power of ask is invokA Trustee shall retard a notice of default in each county in which any past of the
<br />Property is Imted sail mail mail copies Of suck notice is the manner prescribed by aplpl kabk Law to Borrower and to the
<br />other person prescribed by applicable law. Alms: '. the time required by applicable law, Trustee abdl give public notice of
<br />sale to the persons and Is the manner prescribed) by sppllable law. Trustee , without demand on. Borrower, shall sell the
<br />Property at puffin k stuction to the highest bidder at the time and place and under the term designated in the notice of sale in
<br />one or more pateek clad in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public isawAnceivent at the time and place of any previmIF scheduled sale. Leader or its designee may purtc�sw the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shill deliver to cite purchaser Trustee's deed conveying the
<br />Property. the recitals In the Trustee's deed shall be prima facie evidence of -tbe truth of the statements made thereitts .
<br />Trustee shall *My the proceeds of the sale in the following order. (a) to all expenses efthe sale, including, but aott limited
<br />to, Thatee t fees as permitted by applicable law and reasonable attorneys' fees; (b1• ro all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally 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 judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Property stand 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 collection of rents, including, but not
<br />limited to, receiver's f6m, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security Instr u m . ,
<br />21. Rwonveyaaee. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey tlrc Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrumens to Trustee. Trustee sha11 reconvey the Property winiteut warranty and with�aut charge to the persaa er persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender, at its option, may from time to ti= remove Trustee and app mint 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 ocinveyance of the Property, the successor trustee shhll, succeed: to all the title, power and duties conferred upon
<br />Trustee herder and by applicable law.
<br />23w 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 hiders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covemnts and agreements of each such rider shall be incorporated into and shall amend and
<br />supplemearft covenants and pgreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument, (Check appl%=ble box(es)]
<br />❑ Adjustable : Rzti Rider ❑ Condominium Rider' ❑ 2=4 Family Rider
<br />❑ !Graduated Payment Rider ❑ Planned Unit Development Rider . .
<br />❑
<br />Other(s) [specify]
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrurnent.and in any rider(s) executed by Borrower and recorded with it.
<br />......................................... ............................... ,�1ald R a _......................(Seal)
<br />7. —
<br />................. .................... ............................... ................................. ............................... —
<br />STATE OFWCGRASKA; Hall County ss:
<br />On this 19th ' day of January .19 89 , before me, the undersigned, ; Notary Public .
<br />duly commissioned and qualified for said county, personally came Donald R. Mason, an unmarried person
<br />to me known In be the
<br />identical person(s) whose name(s) are subscribed to the ifQ going instrument and acknowledged !fie execution
<br />thereof to be his voluntary act and deed. ,-
<br />Witness my hand and notarial seal at Grand Island, ebraska said county, the
<br />date aforesaid.
<br />My Commission expires: 70.1
<br />IMNI�,ltrtbMNlAfrslh ~.,ta, at,ht,
<br />o/0rr1. 11 REQUES -1` R CO, 'i VANCE `
<br />To T Ontt 6p !Bt l f1A
<br />The undersigned is the holder of the hole or note% kccurcd h% thi+, Decd tit Trwo. Said note or'noto) : tr.gedicr
<br />with all other mdehicdne,,, .dunce! b% thr% mcil (tit 7tuo. have hcrn raid lit tt.11. 1(.0 arc hrrch% (hrcok (I to ianu•f •,:u1
<br />little or notes and thi,, I)ecd of Irtt,,t, arc dclnercd hcrch%. and to tt,s,mr.. �%uh(,ut a,nr,ut +t, .ill rh( .tr
<br />no« acid b% .oil under tlu� U«.1 t'.2 l i tt.t t(. tilt' PVt%r•n or 1,( 1.4.1,. Ic("t1h , uIItw,I tl«r..•t„
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