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... Ku Kruse .......................... I.....- 8(SSeal)
<br />................................... . ....... .. ........................ I ................. (Seal)
<br />orrower
<br />S[AIU ot NtHRASKA, . Walh County ss:
<br />On this 23rd day of March . ty 89 before me. the undev il:ned, a Notary Public
<br />duly commissioned and qualified for Said county. personally came Kurt E. Kruse, an unmarried person,
<br />to tyre knomi to be the
<br />identical person(,,) whose namefc) are subscribed to the foregoing instrument and ackno%ledged the cNecution
<br />thereof to be his voluntary act and deed.
<br />Witness my build and notarial %cal ar Grand * slasd, P4e3iasca f
<br />in Said county. the '
<br />date aforesaid.
<br />My co / i-
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<br />IIflltataE* 1EQUEST \,.l.u� t•,tb1a
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<br />•tri 'i ttustta::
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<br />Date.
<br />89-- 1 O1 Y
<br />LION - UNIFORM CUVENANiS Borrower a
<br />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 ofany covenant or agreement in thin Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise}.. The notice shall specify: (ai the default; (b) the action required to cure the
<br />default; (c) a date, not less than 30 days from
<br />the date the notice Is given to Borrower, by which the default must be cured;
<br />and (d) that failure to cure the-default on.or before the date specified Is tlk notice may result in acceleration of the sums
<br />secured by this Security Instrument atld'sde of the Property. The notice shall further inform Borrower of the right to
<br />refastate after acceleration and the rigU to bring a court action to ssserl the non - existence of a default or any other
<br />defense of Borrower to acceleration and mate. If the default Isnot cured on or before the date specified in the notice, Larder
<br />at its option may require immediate psy meat in full of all sums secured by this Security Instrument without further
<br />demand and array Invoke the power of astir and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred In pursuing the remedies provided is this paragrapb 19, including; but not limited to,
<br />nmsonable 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. Trusttei without demand Borrower,
<br />on 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 fade 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 including,
<br />sale, but not limited
<br />to, Trustees fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it..
<br />20. Lender in Possession. Upon acceleration under paragraph 14 pr abandonment of the Property. Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Property and to collta the rents of the Property including those due: Any by Lender
<br />past rents collected or the receiver
<br />shall be applied Est: to payment of the costs of management of the Property and collection of rents, including, but not
<br />limited to „reiciveet fees, premiums an receiver's bonds and reasonable attomeye fees, and then to the sums secured by
<br />this Secant v.T.Ms a-�:,� mat.
<br />21. Reconveyamm Upon payment of 4-sums secured by this Security Instrument. Lender shall request Trustee to
<br />::. recanvey the Proper �� and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Truster 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 />'2Z Substitute •) mstee. Lender. 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. Iris Security instrument is recorded.
<br />-
<br />Without conveyance of the Property,, the successor trustee shall succeed to all the dfli _- power and duties conferred upon
<br />Trustee herein and by applicable l i wm. ,
<br />23. Request for Notices. F trrower requests that copies of the notices of default and sak �e writ rn,: F3r�trower's
<br />address which is the Prc�yerty Address.
<br />24. Riders to Ws Security Instrument, T orc or more riders are texwuted by Borrower and recorded together witlsi
<br />this Security Instrumenp, c"ie covenants and a ., ents of each such rider skit use ir=srporated into and shall amend ancd'
<br />:
<br />supplement the covenants and agreements of this Security Instrument tC:e '6?"er(s) were a part of this Security
<br />Instrument. [Check appltcable box(es)]
<br />=a
<br />.- -,
<br />— ❑ Adjustable R�:z Rider ❑ Condominium Rider ❑ 2-4 Family Rider
<br />❑ Graduated Payment hider ❑ Planned Unit Development Rider
<br />M .
<br />❑ Other(s) [specify)
<br />By SIGNING BELOW, Borrower accepts and agrees to the tee =. anti ryr..r~aats contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />... Ku Kruse .......................... I.....- 8(SSeal)
<br />................................... . ....... .. ........................ I ................. (Seal)
<br />orrower
<br />S[AIU ot NtHRASKA, . Walh County ss:
<br />On this 23rd day of March . ty 89 before me. the undev il:ned, a Notary Public
<br />duly commissioned and qualified for Said county. personally came Kurt E. Kruse, an unmarried person,
<br />to tyre knomi to be the
<br />identical person(,,) whose namefc) are subscribed to the foregoing instrument and ackno%ledged the cNecution
<br />thereof to be his voluntary act and deed.
<br />Witness my build and notarial %cal ar Grand * slasd, P4e3iasca f
<br />in Said county. the '
<br />date aforesaid.
<br />My co / i-
<br />iiillEMl IlrtAlar ti gittlg �� 2: `' . e L - f
<br />IIflltataE* 1EQUEST \,.l.u� t•,tb1a
<br />I•()It 1iL=(-tt`�'E YA:vt'1?
<br />•tri 'i ttustta::
<br />�s
<br />(UfdefSlgnl'[i iti the hlddlrl of the flute air tft►re= '.tcnicf.) hi tail, t1-�tf tit ( m,t ``Xll ilnli (11 1101k1, tai :'t.•ttfCl L
<br />mtl all otller flll(CbtedlwC '� ”' :Lllt.'d ht ttll'. I)t:Ctlf *t Irffsi, �Ktr.. hrCii ( -47'.l !Ii tail {. ml ar': 11�iC11: �tli<<!r:(( t•ri,lfl'd oaf,'
<br />tit,tc fir none: anti till,. Uccd tit Ntt..t, t %1101 .lft: Jjlt.C'rf.'zt tf,rc +�..
<br />. t'ii,l tar tL_t.11ti �. �. ;.,t�i;i�flf '.l ;Il t,f 1la U ftl:" 1.1.11 '
<br />nti:G fall h} tun lutdcr fhr Deel! , +1 I rtr.t to rllc t ,r +ia .i7 t,,,,t;,, ,_;.,(t- .:•,:r,•; f the= ,,,
<br />Date.
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