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<br />NON- NIFORAt COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shalt specify: (a) the default; (b) the action required to cure the
<br />default; (c) a date, not less 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 default oft or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument and We 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 />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specifled in the notice, Lender
<br />at its option may require Immediate payment Is felt 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 />collect all expenses incurred in pwmulag 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 sale is invoked, Trustee 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 manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicable law. After the tiime 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 and 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, 7irttatee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed shsR ,be Orima 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 fees as permitted by applicable law area reasonable attorneys' fees: (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or person 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) shat➢ 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' fees, and then to the sums secured #ay
<br />this Security Instrument.
<br />21. Rea onveyanee. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shalt surrender this Security Instrument and all notes evidencing debt secured by this Sectartiity
<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. SubStitate'l)NMee. Lender, at its option, mhvy 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 Seew- 1ty,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 ancts" ,
<br />supplement the covenants. and agreementt.0 this Security Instrument as if the rider(s) were a part of this SecuAry. "
<br />Instrument. [Check applicable box(es)]
<br />Adjustable" Rate 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 />...................................................... _...... a' k' ... a� . - 8o170we
<br />...................... ............................... ........ ' .�. .(Seat)
<br />�/j' •— Borrower
<br />. ••Ja a�itaY
<br />STATE OF NEBRASKA, Hall Coun xy ss: ;
<br />On this 1st day of February , 19 81 before ftre, the undersi'g4 •ed, a T*otary Public
<br />duly commissioned and qualified for said county, personally came Nark W. Waehal and Jane Cj'. "Waehal,
<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 name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in Said county, the
<br />date aforesaid.
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<br />My Commission expires:
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<br />.. . . ....................
<br />Nwaiv 11nhh.
<br />REQUEST FOR REC'ONVI_YANC'I:
<br />.pgataL1Xftft
<br />The un erstgne det of the note or notes secured by thi, Decd of 1 ru,t. tiaul nutc nr njitcs, ir�rtrth:i
<br />with all other indebtedness secured by tht, Decd ref I tu,I - hare• been Paid ur gill. 1•on arc hctch% do c tit d t.+ c;tnccl ,.ud
<br />note or notes anti the, Decd nl 11u,t, ,tihtch arc tlrlisncd hcrrh anti tr : .�•:Ir. u' «:us•ur %. 111 ihc• t .tar:
<br />nr,u held by you under 0n, Decd (4 Ittr,t tr' rho vcrsnn tit i,:r.nr:, Ict•e11% (11.111,,) rl .. r. r,.
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