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<br />NON- UNIFORM COVF AN IM Borrower and Lender further` covenant and agree as foll y 101715
<br />19 Acceleration; Remedies. Lender "I give notice to Borrower'prior'to seceleratioe' following Borrower's
<br />breach of any covenant oragreemat is this Security Intttrament (bat not prior to acceleration ender paragraphs 13 and 17
<br />usless applirctlble law provides otherwise) The notice dull specify: (a) the default; (b) the actioe :aplred to cure the
<br />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 />ad (d) that failure to cure the default on oa before the date specified is the notice may result in acceleration of the stuns
<br />secured by this Security Instrument and safe 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 deWtlt or any other
<br />defense of Borrower to acceleration and safe. If the default Is not cured on or before the slate specified in the notice, Lender
<br />at its option may require immediate payment In full of all spas secured by this Security Instrument without farther
<br />demand and easy involve the power of sale and any other remedies permitted by applicable law. lender shall be entitled to
<br />collect all expema incurred in parsaing the remedies provided in this paragraph 19, including; but not tkdted 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 tasted and shall mail copies of such notice in the manner prescribed by applicable law to Borrower sad 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, dMH sell the
<br />Property at paKr. auction to t3ateleighest bidder at the dineadd place and under the terms designated is the trr&me of sale in
<br />one or more psraLs and is my rsder TrasWe determines. Titer may Postpone sale of all or any parcel of the Property by
<br />public announcement at the d ve and place 4 any pre tsa g LTi2d sale. Lender or its designee may purchase the
<br />Property at say sale.
<br />Upon receipt of paymeae,of the price bid, Trviim Hall: .ti the Va.rchaser Trustee's deed conveying the
<br />Property. The recitals in the 1frustee's deed shall be p6ma f'sek "ace of the broth of tine. stateweM aisade therein.
<br />Trustee shall! apply the proceeds of the stile in the following' ceden? r ,) tter all expett�e i of the sale; laclut h4" .. i root limited!
<br />to, Trustee's fees as permitted by applicable law and reascask& SiOx' rrneys' fees; (b) to all steals secured ti :his Sec il^�
<br />Instrument; sad (c) any excess teethe peasomor persons legally emerti to it.
<br />20. Lender in Possessift. Upon acceleration c � paragraph 19 or abandonment of the Pro sy ; Lender (in
<br />pervr:r, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession o and manage the
<br />Pco�rty and to collect the rents of the ProNny inciui� g those pa.st;due. Any rents collected by 1,6der-or the receiver
<br />she5 oe applied first to payment of the vests of management of the :Property and collection of rents, including, but not
<br />lim: °xd to. receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this security Instrument.
<br />21. Reeonteyance. Upon payment of all sums iyevared by this Srcw•ity Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument er,•3 all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property withcwf U--a T�nty and without charge to the person or pers :s
<br />legally entitled to it. Such person or persons shall pay any recordatic+� cov.s.
<br />22. Substitate Trustee. Lender, at its option, may tf5 o:n time to tir'ie =nazv Trustee and appoint a s i! ssor trams ee
<br />to any Trusteeappointed hereunder by an instrument recce -ded in the county in which this Security Instrucm -- -is recorded.
<br />Without conveyance of the Property, the successor trustee shall stied to all the title, power .anal duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borrower requests that copies of the notices of default ar&.. -50i be szztt ;to Borrower's
<br />address which is the Property Address.
<br />24. Riders to this Security Instrument. If one or mo-r: riders are executed by Borrower &-A recorded together with
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporarat into and shall amend and
<br />supplement the covenants and agreements of this Security Instrt: tent as if the rider(s) vocre a part of this Security
<br />Instrument. (Check applicable box(es))
<br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2- 4-Frar::y Rider
<br />Grad:4ted Payment Rider ❑ Planned Unit Development Rider
<br />0"i7 (f) [specify]
<br />�Y �]Ai % BELOW, Borrower accepts and agrees to the terms an& covenants contained in this Security
<br />Instrument and i.7 any rider(s) executed by Borrower and recorded,oih..! it.
<br />....................
<br />....... . ...................................................... ..... .............. :.(! .
<br />............................... al
<br />Glen D. Nelson '/ --Bor� er
<br />........................ (Seat)
<br />Nadyne 1311 Nelson — sO`r."w.
<br />Srivre op NF [AASKA. Hall ('ourrrti...A:
<br />On this 4th day of April .19 89 , before tile. the undersigned, a Notary Pub!i
<br />duly commissioned and qualified for said county, personally cane glen D. Nelson and Nadyne R. Nelson,
<br />eacft in his and her own right, and as spouse of each other, , to me known let he the
<br />idcavik.al person(s) whose namely) arc subscribed cap I!ic foregoing inurument and acltnow1cdged the execution
<br />thereof to be their coluntary act and deems.
<br />Witncs� tr,%s nand and notarial seal of Grand Island, Nebraska, its .aid county, file
<br />date a 7rc�,�ie3.
<br />M. Commission c
<br />GUM MIYAMM FA �j
<br />SHEILA J. ALDER
<br />I E-A!. VECOM W ?S7 I Rl--('()N%•t YAN(T
<br />irt TRI.4ttt•-
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