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<br />1
<br />NON - UNIFORM COVENANTS. Borrower and Lender furthercovenant and agree as follows: 89-100875
<br />19 Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrowers
<br />breach of aay covenant or agreement In" Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />wakaa applicable law provides otbawke). The notice shall specify: (a) the default; (b) the action required to cure the
<br />defaalt; (c) a date, not ka tbaa 34 days from the date the notice is given to Borrower, by which the default mast be cured;
<br />and (d) that ll 9we to core the default on or before the date specified in the notice may result in acceleration of the suns:
<br />secured by this Swarity iaafrument and sak of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after weekatlon 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 specified in the notice, Lender
<br />at its option nay regafre immediate payment In full of all sun secured by this Security Instrument without further
<br />demand Sall luny invoke the power of sale and my other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all ezpeSdIes indsured ties parsaing the remedies provided In this paragraph 19, including;. but not ilinfted to,
<br />reasonable attoraeys'tedx and costs of title e�iderucx
<br />U
<br />tilt power of sae its iiarvam Trustee shall repord a notice of defitdt in each county in wlNb( tar .pu of the
<br />Property is located and shat teUB copies of such netke in the manner presedlW by applicable law ta- lbibiii� - tiint'l,
<br />other persons pracribed by applicable law. After the time requic�ed by appUcable law, Tra:stee shall give-14. ii(fis
<br />af
<br />sale to the persons and in the manner pmwrabed by applicable last_ Trustee; without demand on Borrower, i . ' ".- -." - die
<br />Property aE nubiic auction to the highest br'i;�l`er at thetime and lame and under the terms deaf fed ' tb `b& i
<br />tDne or more p gran ►!t a molter n
<br />parcels and in any order Trustee determines. Trustee may postpone sale of all or any pxmc the Property by
<br />public announcement at the time and place of any *et iously scheduled sale. Leader or its deli ti ftty purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid; Trustee shaft deliver to the purchaser Trustee's .deed conveying the
<br />Il'1t�perty. 'Ile c ecitsh in the Trustee's deed shall be prima ficie evidence of the truth of the stgJi6t i* made therein.
<br />Tira tee shall apply the proceeds of the sale in the following order: (a) to all eapat�ses of the sales Itrdi but not limited
<br />tm natee's gees as permitted by applicable law sod *eovoy thle attorneys, iA�; (b) to aI! �� �y INS s caity
<br />Instrument; and (c) any excess to the persgl or persons legally entitled to it.
<br />2Q Lender in Possession. Upoxi acceleration under paragraph 19 or abandonment "of the Prou" rty, Lemd . (in
<br />person, by agent or by judicially appohu receiver) shall be entitled to enter upon, take possession of and mx*rge the
<br />Prq erty and td collect the rents of the Property including those past due. Any rents collected by Lender or the receiver
<br />std -ff be applied . first to payment of the costs of management of the Property and collection of rents, including, but not
<br />fmiv'te�d to. 4zsvees fees, premiums on r wr's bonds and reasonable attorneys' fees, and then to the sums sezeirml by
<br />this Secu ty tw'=unent.
<br />21. Remonveyance. Upon payr� , t of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />r+ca wy the Property and shall surrei:dier this Security Instrument and all notes evidencing debt secumkii t y this Security
<br />Ins` rament to Trustee. Trusty: shall reconvey the Property without warranty .�,:.�d without charge to thx p^san or persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender, ei is option, may from time to time remove Trustee and appoint a: *M�^ t r isastee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security lnstr ment is recorded.
<br />VV��cahout conveyance of the Property, the successor trastee shall succeed to all the title, power and f��+'':' zonferred upon
<br />Tutee herein and by applicable law.
<br />23. Request for Notices. Borrower requests t: 3* cepi.es of the notices of default and sale be szn- to EA;rr.c;'ader's
<br />address which Lq th Property Address.
<br />24. Rider to this Security Instrument. If one •x;m•�,re elders are executed by Borrower and re�:2ed together with
<br />this purity Inst: ument, the covenants and agreema;mm •z~�cn such rider shall be incorporated into aidA saall amend and
<br />supplement the covenants and agreements of this Security Instrument as i the rider(s) were a pat.'s ic+^ this Security.
<br />Instrument. [Check applicablebox(es)]
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 F ily
<br />❑ Graduated Payment Rider C ri =,aed Unit Development Rider
<br />chi Others) (specify) 14 Family Rider (Assignment of Rents)
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Irsftrament and in any rider(s) executed by Borrower and recorded with it.
<br />................................................ I ........................ 4i3O. / Vi............. .(Seal)
<br />....�
<br />i✓larry C /�Lajjjjker -- &mower
<br />M111M1' ..,.... .................� seal
<br />Patricia P. Stalker ..rte ra,Ner
<br />M1►Cnaa6lp�IMt�
<br />S -m,tt: OF NEBRASKA. Hall County ss:
<br />On this 22nd day of February 11989 . before rate, the undersigned. a Notary Public
<br />duly commissioned and qualified for said county, personally came Harry C. Stalker and Patricia P .
<br />Stalker, each in his and her own right, and as spouse of each other, io me knt wn lobe the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowicdgcd the execution
<br />thereof to be their voluntary act and det:d.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in %aid county. the
<br />slate afaresaid.
<br />My Commission expires:
<br />REVUL'St FOR RECONVI-VANUl.
<br />Ttt Tut�srt t•
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