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• r <br />r <br />wrArco $9-- 100483 88��.034J . <br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedks. Lender shall give notice to Borrower prior to acceleration following Borrowers <br />breach of asy covenant or SWeenoeat In this Security ltastrnatKnt (but not prior to acceleration under paragraphs 13 and 17 <br />maim applicable law provides othxrwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />defy t; (c) a date, not tea thso 30 days frova the date tie notice Is given to Borrower, by which the default must be cured; <br />and (d) that fallm. to cue the default oo or before the date specified I:. tlm notice r„sy : ees-ult in acceleration of the sums <br />wearer by this Security Intstrameat and ttttk of the Property. The notice shall further inform Borrower of the right to <br />reinstate after aceekratlon and the right to bring a court action to assert the non- existence of a default or any other <br />decease of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its option guy require iaunedlate payment in full of all sums secured by this Security Instrument without further <br />denu d and may invoke the power of sale and any otber remedies permitted by applicable law. Lender shall be entitled to <br />collect all exptttttes iacarred in pursuing the renedies provided in this parogmph 19, Including, but not limited to, <br />reaaoaaon attorneys' fees and costa of title evidence. <br />If due power of sale Is Invoked, Tnoft shall record a notice of default in each county in which any part of the <br />Property Is located and shall mail copies of such notice in the amasser pttrtseribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. 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 section 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 and is any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public annoancenent at the tine and place of any previously scheduled sale. Lender or its desigetee way purchase the <br />Property at any sate. <br />Upon treed$ of payment of the price bid, Trustee shall deliver to the purchaser Tnatee's deed conveying the <br />Property. The ndtah in the Trustee's dad 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 expeaes of the sale, including, but not limited <br />to, Trustees fen as permitted by applicable law and rettsoattble attorneys' fees; (b) to all sums secured by this Security <br />Indrument; 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 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' fnsh and then to the sums secured by <br />this Security Instrument. <br />21. ReconveYstum 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 Pnti fled to it, .Succhh pen-an or pers -cons shall, pay any rccordaior, o ta. <br />22. &bath?* 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 shalliamend 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 boa(es)j <br />§M Adjustable Rate Rider ❑ Condominium Rider ❑ 2--4 Family Rider <br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider <br />ga Other(s) [specify) Acknowledgement <br />BY SIGNING BELOW, Borrower accepts and agrees to the terns and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />STATE OF NEBRASKA, Dal, <br />. . .. �Oml . ......... ... (Sea <br />tel J. el <br />ay M. .....— . 90 o <br />Muessei - riv�er <br />) <br />County ss: <br />On this 29th day of"..: June ,19 88 , before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personally came Michael J. Muess.el and Jane M. <br />Muessel, husband and wife , to me known to be the <br />identical person(s) whose name(s) are subscribed to the forei3ing instrument and acknowledged the execution <br />thereof to be their - voluntary act and deed. <br />Witness my hand arid' notarial seal at Grand Island, in said county,.the. <br />date aforesaid. <br />M UME1Nl xTY AT 11011,01 UCJ C.��:L r✓ ............ . <br />1 Notary Public <br />REQUEST FOR CONVEYANCE <br />To TRUSI 1:E: <br />The undersigned is the holder of the note or notes secured by this Deed of Trust. Said note or notes, together <br />with all other indebtedness secured by this Deed of Trust, have been paid in full. You are herchy directed tip cancel will <br />note or notes and this Deed of Trust, which are delivered hereby, and to reconvey. without warrants, all the csrate• <br />now held by you under this Deed of Trust to the person or per�on% lehally entitled thurctt, <br />Date: <br />ra <br />t <br />t%. <br />tit <br />G t <br />_I <br />