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<br />89i 100968
<br />NON- UNIFOR rt CovENANTs. borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Resediea. Lender dwa give notice to Borrower poor to acceimniorn following Borrowers
<br />bread of asy coveaaat or gne■eat in U& Sectuity tastrMM*t (bat sot prior to acceleration under paragraphs 13 and 17
<br />"kn applicable taw provides otberwixt). The sonic shalt spec14: (a) the default; (b) the action required to cure the
<br />default; (c) a date, not tens titan 30 days from the date tie notice is myna t ta. Borrower. by which the default must be cured;
<br />and (d) that (allure to cure the default on or before the date speciRe k tne,notice may result in acceleration of the sutras
<br />secand by this Security Jule mttent sad sale of the Property. The notice shalt fnrtber inform Borrower of the right to
<br />relnshte after aminatioa and the right to bda a calm active to "alert the non- existence of a default or any other
<br />defense of Borrower to acceleration and sales If tie default is not cured on or before the date specifled in the notice, Lender
<br />at its option may require immediate payment in fall of all sums seared by this Security Instrument without further
<br />demand sad 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 pursuing the remedies provided in this paragraph 19, including, but not limited to,
<br />reasonable attorneye fns and costs of title evidence.
<br />U the power of sale is invoked, Trustee shall record it 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 />afar 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 oto Borrower, shall sell the
<br />Property at public auction to the highest bidder atthe bate and place and under tae terms designated in the notice of sale in
<br />one or atone parcels and in any order Trwifte+detmdmes• Trustee may postpone sale of alt or any parcel of the Property.by
<br />public anaotmeement at the time and place cf say previously schWded. sale Lender or its designee may purcb: w the
<br />Prtperty atxay-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 Lm the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall snl�y tine paweds of ft stile in the following orders (a,9ta, a31 expenses of the sale, including, but not limited
<br />to, Thatees fees is perttsifted by 201090-le law and reasonable i&nnteye fees; (b) to all sums secured by thix Recta. =:y
<br />Instrument; and (c) any excess to tie person or persons legally adBradto it
<br />10. Lender is Possession. Upon acceleration under para�gcaph 19 or abandonment of the Property, Lcn&r (in
<br />person, by agent or by judicially appointed receiver) shalt be entitled to enter upon, take possession of and manage the
<br />Property and trot collect the rents of the Property inclu rag threw � due. Any rents coll«t� by Lender or the receiver
<br />shall be ap;! hrst to payment of the casts of ww�agwmt. ot"ifrvr Property and collect on of rents, including. izut not
<br />limp d to. receivers fees, premiums on receiver's torlds. and re savable attorneys' fees, then to the sinus secured by
<br />tfris Security Instrument.. r
<br />21. Reconveyance, Upon paymentof all sums soured by this Securi ,w Lrwrut ent,. render shall request Trustee to
<br />reconvey the Property and shall surrender ttris Security Instrument and all rnresi evideru#g debt secured by this Security
<br />Instrument to Trustee. Trustee shaU rcwn irsr the Property without warranty and wi*cut,, cbmge to the person or persons
<br />legally entitled to it_ Such person or perwm''%shall pay any recordation costs.
<br />22. Substitute Trustee. tender, 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 corrigance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee her6m and by applicable law.
<br />23. Ragrttest for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which i� thus FropW i Address.
<br />24.1,, km to th6- purity Instrument. If one or more riders are execute.! by Borrower and revrr!ded together with
<br />this Security fin'tsument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
<br />supplement tie covenants and agreements of this Security Instrument as if the riders) were a past of this Security
<br />I>sstrument. (Check applicable box(es))
<br />Adjustable Rate Rider Condominium Rider [] 2-4: Family Rider
<br />�] Graduated Payment Rider ❑ Planned Unit Development Rider
<br />�7 Other(s) [specify] Acknowledgement
<br />BY SIGNING RUG-W. Borrower accepts r>.nd agrees to the terms and oa�e-.A_ u,+s -- ontame :' in this Security
<br />Instrument and in any rider(s) executed by Borrow= and recorded with it.
<br />. . .... .... ..
<br />(Seal)
<br />Ronald E. Purdy
<br />—Borrower
<br />s: � �:! sus +..�►.r..� r� r ...l.s.t+. .r.......... (5e1)
<br />Louise Ann Purdy U
<br />r. a
<br />m.�
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<br />STATE Of' NLi3i4AS_V'A.: , Hall County ss:
<br />On Mi., ': 1;1T..• day of February . 1989 . before me, the undersigned. a Notary Public
<br />duly commi,,sicneil utd qualified for said county. personally came Ronald E. Purdy and Louise Ann
<br />• -- - =
<br />Purdy, husband and wife . 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 thei r voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island in ,,aid county. the
<br />date aforesaid.€
<br />My 'u ss M. DILLON w,P.G
<br />.' ... . ............. .
<br />RFQIIFST I OR RIA.(. VLYANCL
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<br />The tinu:'t S1 a beet Iv the holder of the i -j C i,r it %• ?v4 �CCUt- d P,. 111, l)eeLI , >t i :.S' -: 1,d:.: !Itlt_• or Ilo, _ -1.
<br />withalltilh.t mdebtell,'1evi .oacd hr thi,. Medof ltll,t. lim6c .:C'11 ralu ail too) Yoaare t7och'. ill: C�tCkt1 *1
<br />f-t aint till, lived of Itu,t, "hilt{ irf deln vied hvr C.!'`., a77u N iC'LOW-C'L. %1.1010111 ''Add! -Oil -, ,=)'
<br />th„ I►ced of I ru't tl • th^ pc-orl ,.I t c ., +! +. `et.ftt, r w-Ih It -Lk,!, I +•
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