|
r
<br />1
<br />89- 100334
<br />NoN.UNIF'ORM COVENANTS. Borrower and Lender tbrther covenant and agree as follows:
<br />19. Acceleration; Remedies. Im der shall give notice to Borrower prior to acceleration following Borrower's
<br />breach ofasy, covenant or agreement in this Security Instrument (but not prior to acceleration tinder paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to care the
<br />defttrlt; (e) a date, ad lem than 39 days Mum the date the tsotiea is given to Borrower, by which the default toast be eared;
<br />and (d) that faihwe to care the dafwh os er before the rate spec*fl m to the notice may resale in acceleration of the wins
<br />s arei by this Security Instrument and oak of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court ardas to assert the am- exiatence of a default or any other
<br />defettssof Borrower to seceleratfos ad sale. If the default toner cared on or before the date specified in the notice, Leader
<br />at its option Wray reVIN immeilste payment in f H of all sums secured by this Security Instntwest without further
<br />demand and may invoice the power oink asd any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect on upensen hcareed Is pees I the rettesdia provided is this psragyapl- 19, fndWhg, but not limited to,
<br />reasossbie attorneys' fees asdcats of Nth ce.
<br />eviden
<br />If the power of sale 1s Invoked, Trustee shall record a notice of default is each county in which any part of the
<br />Property M leeakil and shall mall copies of such m lee in the wanner prescribed by applkaile taw to Somww and to the
<br />other persons prescribed by applicable low, After the dare regaired by applicable law, Trustee shall give pabtic notice of
<br />sale to the person and in the manner peescribeil by applicaable law. Trustee, witbottt demand on Borrower, shall sell the
<br />Property at public awfloa to the highest bidierat the dme and plam sad under the terow designated in the notice of sale in
<br />one or more parcels and in say order Trusteedettermlees. Trustee my postpone akof0l or any parcel of the Property by .
<br />pablk annaseement at the due and place of atpr previously scheduled sslle. Leader or its designee gamy purchase the
<br />Property at any sale.
<br />U*oa receipt of payment of the price bid, Trustee sWl deliver to the pardmer Trustee's deed t:ti ayitng the
<br />Property. The recitals in the Timtee's deed shall be prints fatdie evidence of the b[ * of the statements walk therein.
<br />Trustee shall apply the proceeds of tie oak latbefollowIng order. (a) to all expenses of the sale, Imcl ltdla& bifsq not limited
<br />to, Trustee's fees as permitted by applicable fate sul nmosable attorneys' fees; (b) to all saint � bar tlt#s Security
<br />Instrument and (c) any excess to the perves or persons kgauy entitled to ft.
<br />20. Leader In Possession, Upon acceleration under paragraph 19 or abandoament of the i'tt4xny, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upm trike possession of and Manage the
<br />Property and to collect the rents of the Property including those past due. Any r;eass',collected by Lender or the receiver ,
<br />shall be applied first to payment of the costs of management of the Property *ad collection of refits, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fetes., and then to the sutras secured by
<br />this Security Instrument.
<br />211. Recosveyaom Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt; �zacured by this Security
<br />Instru nerit to Trustee, Trustee shall reconvey the Property without warranty and without charge tvathe person or persons
<br />GaitlEd to it. °aui:u peia�s of suaii pay arty tizxrtdaiion gnosis.
<br />22: Sabstitate Trustee. Lender, at its option, may from time to time remove Trustee and appoint 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 lestrumeaL If one or more riders are executed by Borrower and recorded tapdher with
<br />this Security Instrument, the covenants and agreetasents of each such rider shall be ineorporatedriirta*nd shall amend and
<br />suppkrnmt the covenants and agreements of this Security Instrument as if the rider(s) w4m a-- part of this Security.
<br />Instrument. [Check applicable box(es)] 1 .
<br />® A4iustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider _
<br />❑ Graduated Payment Rider ❑ Planned Unit Develiigriiertt Rider
<br />9.0thcr(s) [ specify] Acknowledgement
<br />BY SIGNING BELOW, Borrower accepts and agrees to the tetras and covenants contained in this Security
<br />Instrument and in any- rkler(s) executed by Borrower and recorded with it.
<br />_.:...... ... , ..... (Seal) Ha f ld J. Les's- i. Borrower g
<br />..........................................
<br />... .(Seal)
<br />orrower .
<br />STATE OF NEBRASKA, Hall County ss:
<br />On this 20 day of January ,19 89, before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came. Harold J. Lessig, an unmarried
<br />person -------- -_ —_ -- — 91 to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be his voluntary act and deed.
<br />Witness my hACCrii aced notairW seal at Grand Island, 114 >jaska in said county, the
<br />date aforesaid.
<br />M /99z_ mtk C ` c�ii t.� v G7l •� Notary Public
<br />REQUEST FOR RECONVEYANCE
<br />To TRIJSrEE:
<br />The undersigned is the holder of the note or notes secured by this Deed of 7 rust. Said note or note,,. . togetlier
<br />with all other indebtedness secured by this Deed of Trust, have been paid in full. You ate hereby directed to cancel -.Wirt
<br />note or notes and this Deed of "Trust, which are delivered hereby, and to reconvey. without %%atrant6, act Utc cct.itc
<br />now held by you under this Deed of "Crust to the person tit person' legally entitled thereto.
<br />Date-.
<br />
|