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<br />88=- 101120
<br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Barmwer s
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 113 ant 17
<br />unless applicable law provides otherwise). Tit notice shall specify: (a) the default; (b) the action required to cure the
<br />r 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 />I and (d) drat failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale 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 specified in the notice. Lender
<br />at its option may require immediate payment in fall of all sum secured by this Security Instrument without further
<br />demand and may invoke the power of sale and any other reasedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in prrsaing the reaedks provided in this paragsaph 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 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 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, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed 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 expenses of the sale, including, but not limited
<br />tu,,Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />ti m vent; s4 (C) any ei Mesa to the person or persons legally entitled to it.
<br />20 Lender in Pu'rsion. Upon acceleration under paragraph 19 or abandonment of thcperty. Lender (in
<br />person, by agent or by , ;urlicially appointed receiver) shall be entitled to enter upon, tats:; { pis goal of and manage the
<br />Property and to collect th ' .nts of the Property including those past due A>zy r•.st{ 3 cr�`J :tae�i:f: tsstiler or the receiver
<br />shall be applied first w. payment of the costs of management of the Property wd cctJ e t`a -h. ctr- .vf�,. including. but not
<br />limited to, receiver's fees: premiums on receiver's bonds and reasonable attornys',lus.: tsi.tl'.en tr�..t rf ums secured by
<br />this Security Instrument.
<br />21. Rewaveyanee. 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 />tostrument to Trustee.'1'r-amee shall reconvey the EImperty without warranter wind without charge to ik a person or persons
<br />,Daly entitled to it. Such lamon or persons shalt pay any recordation test: :.
<br />22. Substitute Trus4m t ,ender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />ta• an!y Trustee appointed henaziad-4 by an instrument recorded in the county in which this Security Instrument is recorded.
<br />W-wat conveyance of the ft.c9 ly, 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 />tfiA Security Instrument, the covenants and agreements of ea di Bach rider shall be incorporated into and shall amend and
<br />s::.aplernent the covenants and agreements of this Security Cnstrument as if the rider(s) were a hart of this Security
<br />tin' stmarnent. (Check applicable box(es))
<br />Adjustable Rate Rider Condominium Rider E:, T-4 - amily Rider
<br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider
<br />(?taer(s) (specify)
<br />By SIGNING BELow. Borrower accepts &nd, s4&nm to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrov, te, s & recorded with it.
<br />4, .. ... ........................(Seal).
<br />Bill G. Schlueterr° -- Borrower
<br />............................................... ............................... ....................... ............................................................. (Sea))
<br />— orrtw&
<br />STATL• of NLBRASKA. Hall County ss:
<br />On this 31st day of January , I9 S9 , before mu, the undersigned, a )votary Public
<br />duly commissioned and qualified for said county. personally carte Bill G. Schlueter, an unmarried
<br />person . to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the esecation
<br />thereof to be his voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Isldgnd,{ Nebraska in said county. the
<br />date aforesaid.
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