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F 89-- 1aosso NONUNIFORM COVENANTS- Borrower and Lender further covenant and agree as follows: 19. Acceleration; Remedim Leader shall give notice to Borrower prior to acceleration following Borrower's rremb of my covenant or agreement in this Security Iaetrunent (bat not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The notice shop specil� . (a) the default; (b) the action required to ewe the defsglt; (e) a data not less than 3e days luau the date the oodeo is given to Borrower, by which the default sleet be cured; sad (d) riot failure to ewe the delfsalt on or before the date gwdit4 in the notice say result is acceleration of the suns secured by this Security lostrwoeM sued sale of the Property. The notice shell farther infona Borrower of the right to retaseate after aecelerados and the rigbt to bring a coact action to an" the non- exbteace of s dehult or nay other a feaMe or Borrower to acceleration said sale. If the dehult is not cured on or before the date gteeided in the notice, Fender at Its option racy squire inmWhts payment in h1l of all suns secured by this Security Instruinest without hrther demand and allay invoke the power of ask said any other remedies permitted by applicable law. Lender shall be entitled to collect an expenses incurred is passing the remedies provided is this pnraWapb 19, il.dudM& bot net limited to, resMOnnbb attoMeys' ha sad oasts of title evidence. U the power of ask' b IA"ked, Trustee soil record a notice of default In emu couty In whkb asjr ptut of the Property ie heated and ebodaril coples of such notice i» the>.tsanett preraibedby appPle" law to Borroww and to the other persons preserlbed by sMupable law. Alter the time required by applicable Ipm, Teske shall give >M k netlee of ask to the persons at is the Meaner prescribed by spillable law. Trustee, without demo on Rotrower, shall sell the Prop" at public auction to the highest bidder at the tine and place and under the term tifesrigostei is the nodes elsole in apt or amore paureeb and is stay order Trustce detersninee. Trustee may postpone Ink of so-or any pored of the PnWrty by public sanouncenent at the titae and place of any previously scheduled sale. Leader or its daigose may purchase the peoperty at nay sale. Upon recelpt of payment of the price bid, Thatee shall deliver to the purchaser Trwtes's deed conveying the Property. The recitals in the Trustee's deed shall be prima fade evidence of the truth of the statements suede tberehL Trustee shall apply the proceeds of the sale In the following order: (a) to all expenses of the sub, including, bat not limited to. Trustee's fees so permitted by applicable law and reaswable attorneys' fees; (b) to sH sores secured by. tllddt Security' Iastruament; sad (e) any excess to the person or persons legally entitled to it. 20. Leader is Po sisdoe. Upon acceleration under paragraph 19 or abandonment of the Pmorty..% a =der (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lends¢ or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Recooveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons lci idly.:,,t kdMit Such per-or or persons shall pay :ny recordatesn.� *.s 22. Sabefthe Tnotee. Lender, at its option. may from time to time remove Trustee nitd appoint a successor trustee to any Trustee appoutted hereunder by an instrument recorded in the county in which this Security Instrument is recorded. t Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Proporty Address. 24. Riders to tbisSecority Ios&sment. If one or more riders are executed by Borrower and recorded together with - — this Security Itastreument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement t&e. aovenattts and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)j : © Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider _ ❑ Graduated Payment Rider ❑ Planned Unit Development Rider ;J Other(s) [specifyy Acknowledgement BY SIGNM143s BEI.ow. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. Wayrfe�N. Scarborough -4kfrftw ............... .......... ............................... . - ,.e-.er� :=:�=� =� .G eraldine E. Scarborough STATE OF Nat msKA, Hall' County ss: On this 6th des)? of February .19 89 before me, the undersigned, a Notary,Public duly commissioned and qualified for said county, personalty came Wayne N. Scarborough and Geraldine E. Scarborough, Husband and Wife , to aide known to be the ; -- -^ identical persons) whose nime(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be their 'voluntary act and deed. Witness my hand =4 notar4al seal at Grand Island, Nebraska. in said county, the date aforesaid. L..............� ........... alllwi.11itrn� Notary Public Wam"IMILM REQUEST FOR RECONVEYANCE . awl TO TRUSTEE: The undersigned is the holder of the note or notes secured by this Deed of Trust. Said note or notes, together K with all other indebtedness secured by this Deed of Trust, have been paid in full. You are hereby directed to cancel said note or notes and this Deed of Trust, which are delivered hereby, and to reconvey, without warranty, all the estate now hold by you under this Deed of Trust to the person or persons legally entitled thereto. Date: