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t 89.... 102111 Nor:- UNIFORM Cov-£NAtrm Borrower ana Leader further covenant and agreeas foUOVM 19. Aux eleratfon; Remedies. [.ender shall give notice to Borrower prior. to atxelantim following Borrowces breach of any :zvenant or agreement in this Security Instrument (but not prior to soareratim under paragraphs 13 and 17 unless 2pplicable raw provides otherwise). The notice shall specify. (a) the default; (b) the action required to cure the default; (c) a date, jot less than 30 days from the date the notice Is given to Borrower, by which the default must be cared; and (d) that failure to care the default on or before the date specified £a the notice my result in acceleration of the sums securest by this Security Instrument and sale of the Property. lbe notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the uon- existence of a default or any otA\v.r defense of Borrower to acceleration and sale. If the defavIt is not cured tic cr before the date specified In the notice, Lender at its option may require immediate payment in full of ail sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by applicable lew. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in tit's paragraph 19, including, but not lin0ted to, reasonable attorneys' fees and casts of title evidence. If the power of sale Is invoked, Trustee shall record a notice of default in each county in which any part of the Property s located and shall mail copies of such notice in the manse: prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of safe to the persons and in the manner prescribed by applicable law. Trustee, without deasand on Borrower, shall sell ;be Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property b7 public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at my sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order. (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. ` 20. Lender in Possession. upon acceleration under paragraph 19 or ab:rdonment of the Property, Lender (in person, by agent or by judicially appointed receiver` shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to -econvey the Property and shall surrender this Security instrument ante .'I notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warrar .y and without charge to the person or persons legally entitled to it. Such person or persons -'.all pay any recordation costs. 22. Suhstitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security ! nstrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borre.+er's address which is the Property Address. 24. Riders to this Secarity Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplemen! the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Securty Instrument. [Check applicabl box(es)] Adjustable Rate i:ider r-1 Concion2inium Ride- Family Rider [j Graduated Payment Eider (] Planned Unit Development Rider © Other(s) [specify] Acknowledgement BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and is any rider(s) executed by Borrower and recorded with it. ...... .............. ..................... ................. \.. .. `J `.�- \............................. Todd G. Lechner STATE OF NEBRASKA. Hall ............................... ............................... .........................(Seal) — EprowH County ss: On this 20 day of Ap it , 19 89, befort: me, the undersigned, a Notary Public duly commissioned and qualified for said cour'y, personally came Todd G. Lechner, :3 single person , to me known to be the identicai person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be his voluntary act and deed. Witness my hand and notarial seal at Grand Island, nebraska in said county, the date aforesaid. My nmicc�ip�i:� // 9,y� �`��✓ • • • ............`�i��C. .! 6E7ERAlI111MT � ....... ................ VaLUAM 1_ LELLAN Nola:y rubbz my C ma. Era Aq, tZ 1992 REQUEST FOR RECONVEYANCE To TRUSTEE The undersigned is the holder of the note or notes secured by this Deed dr Trust. Said note or notes, together with all other indebtedness secured by this Deed of Trust, have been paid in full. You are hereby directed to canccl said note or notes and this Deed of Trust, which are delivered hereby, and to reconvey, without warranty; all the estate now held by you under this Deed of Trust to the person or persons legally entitle;! thereto. Date: