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<br /> NON•UNIFOKM COVENANrs. Borrowerxtte3 tUrtW cOt ►a >xgr ro,l gD -103G43
<br /> 19. Acceleration, Remedles. Lender shfith' love inotiee to-'1116 iower Vlor to sceelemoon fenovft Boat' I
<br /> breach of any covenant or agreement In this Sere-rity. Igstrtnneut (bat sat prior to auelerntion tender p> pbs 13 and 17
<br /> unless applicable law provides otherwise). The notice ttIM speclry: W the defer (b) the srctinn'r"Wred to crre the
<br /> default; (c) a date, not less thane days from the date the notice is given to Boxnnwer, by which the dd'aalt mast be cared;
<br /> and (d) that failure to care the default on or before the date specified in the notice may result Is sceeleration of the sums
<br /> secured by this Security Instrument and sale of the Property. The notice AnD further Iaforati 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 arty other
<br /> defense of Borrower to acceleration and sale. It the default is not cured on or before the date specified in the notice, Lender
<br /> at its option may require immediate payment in full of all sums secured by this Security Instrument without further
<br /> demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br /> coiled all expenses incurred in pursuing the remedies provided in this paragraph 19, Including' but not limited to,
<br /> reasonable attorneys' fees and costs of title evidence.
<br /> If the power of We is invoiced, Trustee shall record a notice of default In each county in which any part of the
<br /> Property Is located and shall mail cople, of such notice in the rmanner prescribed by applicable law to Borrower and to the
<br /> other persons prescribed by applicable taw. After the time required by applicable law, Trustee shall give public notice of
<br /> sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br /> Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in
<br /> one or more parcels u.nd in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br /> public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br /> Property at any sale.
<br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br /> Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br /> Trustee shall apply the proceeds of the sale in the following order. (a) to all expenses of the sale, including, but not limited
<br /> to, Trustee's fer's as permitted by applicable law and reasonable attorneys' fees; (b) to 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 entitiod to enter upon, take possession of and manage the
<br /> Property and 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 fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br /> this Security Instrument.
<br /> 21. Reconveyance. 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 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 /> 22, Substitute 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 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 /> [J Adjustable Rate Rider ❑ Condominium Rider 2-4 Family Rider
<br /> Graduated Payment Rider 0 Planned Unit Development Rider
<br /> n Other(s) [specify]
<br /> V,Y SIGNING BF*.I.ow, 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 /> Rand G. Schurer -9orrowe.
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<br /> .....J. c
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<br /> STATL M, N[nItASKA, Hall County sti;
<br /> or, this 22nd day of June 19 90 , heforc nit, the nndersigned, a Nolary Public
<br /> duly commissioned and qualified for said counly, personally cadre Randy G. Schurer, an unmarried per-
<br /> son, and Joyce A. Whetstone, an unmarried person to lift kno%%ii iii be ille
<br /> identical person(s) %khwie namc(s) are. subscribed to the forepoing in.stritmeni and ackncnvlctlged file vXCcIllioll
<br /> thereof to he t'neix voluntary act and deed.
<br /> witness my hand and notarial seal at Gt.and Island, Nebraska in %aid County, the
<br /> date aforesaid.
<br /> a of N16rttttktt, ~<..r r:-: , .,:r : , 1..,•~
<br /> $iFtMA.I.AALDER r Nn1:uV IhIhIYr . . . . .
<br /> MYComrs Efrp,~y%1991 REQUES'T' FOR RECONVI"YANCI
<br /> `10 Tkt;;rt'.1::
<br /> 'The undersigned is file holder of the note or notes secured by this D ;ml of Trust. Said note rte Doles, tuf.cthcr
<br /> with all other indebtedness secured by this Deed of Trust, have been paid in full. You arc hereby tlitccw(l to c;ur~cl tiaid ;
<br /> note or notes and this Deed of 'T'rust, which are delivered hereby, and to rec(invey, without warrwo, , all ox e,,wle
<br /> now held by you under this I)ecd of "Trust to the person or persons legally, entitled tileFelo.
<br /> Date:
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