-r
<br />NON-UNIFORM COVENANTS. Borrower and Linder further covenant and agree as follows: 89--' i 01724
<br />14 Acceleration; Remedies, Iffla4r shill-give notice to Borrower prior to acceleration following Borrower's
<br />brach of aray covenant or agreemAt in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specily: (a) the default; (b) the action required to cure the
<br />default; (c) a date, not less than 30 days from the date the notice is give to Borrower, by which the default must be cured;
<br />and (d) that s*ailare to cure the default on or before the date specified in the notice may result in acceleration of the suns
<br />secured ity this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reiaatate ARer 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 full of aII sums secured by this Security Instrument without further
<br />den=d and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expemes incurred is pursuing the remedies provided in this paragraph 19, including; but not limited to,
<br />retiamble attntrseW fees and costs of title evidence.
<br />If the power of sale is invoked; Trustee shalt record a notice of default in each county in which any part of the
<br />Property Is located sad shall Rail copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br />Other persons prrescribed 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. 'Trunee, without dertts'cirti on Borrower, shall sell the
<br />Property at public auction to the highest bidder at the time and place and under the terms'Oes;wated in the notice of sale In
<br />out or more parcels and In any order Trustee determines. Trustee may postpone sale 04 rz iriny parcel of the Property by
<br />public adnowammut at the time and place of any previously scheduled s#i+ - .ls6ft' ' ".0t ''s designee may purchase the
<br />Propertyat -041 Ole- :-
<br />Upon :t6ae 11t of payment of the .fie. :: Trustee sh l$ '.tE .ser` tl chaser Trustee's deed conveying the
<br />! '• The redtals Trnstee'st i � sXs%tip Prima fack'eAdence 6 Ae truth of the statements made therein.
<br />Tfia�le>i i i ll apply the prti> cif the saiean tllii.Wowing order, (a) to all expenses of the sale, includiag, but not limited
<br />tzn ii rt�tee's f(e s as permit iiI pppliealtle law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Idur uinent; ar t Q) any ettcet s 4;) zht pear persons legally entitled to it.
<br />20. LeK-Ay fn Possession. Upan acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />pmvu,�, by agenror by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />FFra&rty and to collect the-rents of the; Property including those past due. Any rents collected by Lerd,:r or the receiver
<br />sl'OR iz aprW* first to t?ia, tw , of the-costs of management of the Property and coltez ca of rents, including, trrt not
<br />lief -a to, ru-T ices fees, r -tc � ums om mceiver's bonds and reasonable attorneys' fees, .smi & 'then to tot; '+sr s secV.n,, �y
<br />this Security fr,:trummt.
<br />21. Recolsreyatrtte- UpOt payment of all sums secured by this Security lie strument, Lender stzaJlt ra L :;; c rjrxt.-A to
<br />rnalmey the Property and Tashi surrender this Security Instrument and all n1'xs evidencing debt s;WmW ley th-% sz: rity
<br />Lr arument to Trustm Tti'isstae shall reconvey the Property without warranty and without charge to the person or arsons
<br />legally entitled to it. Such pl"son or persons shall pay any recordation costs.
<br />22. Substitute Trrtttem Lender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed : wwrider by an instrument recorded in the county in which this Security Instrument is recorded.
<br />Without conveyance of the Ptuperty, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by apphtabJz law.
<br />23. Retqumt for Nolites. Borrows. requests that copies of the notices of default wd sale be sent to Borrowees,
<br />address which ilithoProperty'Address.
<br />24. Ridem to this SecWty Instrument. If one or more riders are eaecdc(a, by Borrower and r<•ewiii d together with
<br />this S_--urity instrument, tftccr '2venants and agroemms.ts.of each such rider shall be incorporated into'4z h-,2!! amecd and
<br />s Wz viz :ent the ,Wve_ &ntS Lind agreements of this Security Ir. ��t_rument as if the rider(s) were a rwn: of this S=,Tity
<br />Ir*45man -ent. (r'hixk applli;d ltr box(es)]
<br />Ad lnuble Rate Rider El Condominiu -n Rider E] 2-4 ar lily Rider
<br />Graduated Payment )hider (a Planned Unit Development Rider
<br />Othcs(s) (t:pecifirl 1 -41 Family Rider (Assigr elnt of Rents)
<br />BY SIGNING BMW, Burrower accepts and agrees to the terms and covenants co .tzirv.ld_ in this Security
<br />Instrument and in any AfIcy(s)e,;tmited by Borrower and recorded with it.
<br />b 4LU11all _� 29 Cooney Properties, ItTC,
<br />• ..Ra lid '*vIsib" arantor. _eor<o.
<br />bY �?. Reyno Ids,, „ ailurantor gland E . Reyno P silent — eorrorre�
<br />St-All; (IF NL•BRASFA.
<br />Hall County ss:
<br />On this 4th . dity of April , 1989 ,before roc, the unitcr:iencd. a Notary 1'uhlic
<br />duly commissioned and 4uHliliet'lifot said county, per,onally came Roland E. Reynolds and Luella N. Reynolds,
<br />husband and wife, and'guarentors of Cooney Properties, Inc. to file kno«rl ro he the
<br />identical person s) tvhwte nttnetsl are subscribed to the foregoing instrument and acknowledged the F:tc.unun
<br />thereof to be their volutuary act and deed.
<br />Wetness ny hrndattttliwtatrd �ealat Grand Island, Nebraska in %aid county, the
<br />date aforesaid.
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