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<br />NoN•U Nl MR.M COYFNANTS. Borrower and Lender further covenant and agree as follows:
<br />19. AccderatlfM4 RemedieL I,eoder shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of say cartoon or agreetuent In this Security lost moat (but not prior to acceleration coder paragrapbs 13 and 17
<br />unless applicable law provides otherwise). The ttotiee slot{ specify: W the default; (b) the action required to cure the
<br />default (c) a date, not leas than 30 days from the date the notice is given to Borrower, by which the default must be cured;
<br />and (d) that fiilrae to ewe the default on or before the dale specified is the notice any result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall fmtba inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a cant 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 sums secured by this Security Instrument without further
<br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Len der shall be entitled to`.
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, incit.ditn�Lybut not limited to,
<br />reasonable attorneys' fees and costs of title evidevice.
<br />If the power of sale is invoked, Trustee shall record a notice of defzJ- t in each county irA which any part of the
<br />Property is located and shall mail copies of such notice in the manner presrn":;._-d by applicable licw :o Borrower jj�md to the
<br />other persons prescribed by applicable law. After the time required by applie=s; a law, Trustee shA give publiit'notice of
<br />sale to the persons and in the manner prescribed by applicable taw. Trust !_-c, without demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder at the time and place v :.b i :render the terms designated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may p%tpone sale of all or any parcel of the Property by
<br />public announcement at the time and place of any previously schedultd sale. Lender or its designee awy purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Tr-.ee 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 Me truth of the statements trade 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 />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all stuns secured by this Security
<br />Instrument; and (c) my excess to the person or persons legAlly entitled to iL
<br />20. Lender in Possession. Upon acceleration under paragraph lq or 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 collect the rents of the Property including those past due_ Any rents collected by Lender or the receiver
<br />shall be applied ftrct to payment of the costs of management of the Property and collection of rents, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums sect-red by
<br />this Security Instrument.
<br />21. Reconveyanee. 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 a!1 notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warrr.; sty and without chart, to the person or persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender, at its option, may from time to tirr.. :^ remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in th,° county in which this Security' nstr ument is recorded.
<br />Without conveyance of the Property, the successor trustee shall succee. to all the [Ae, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borrower requests that copies o f t he notice., of defaait 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 art: executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each such rder shall be incorporated irto and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />Adjustable Rate Rider E] Condominium Rider L] 2-4 Family Rider
<br />Graduated Payment Rider F-1 Plann,xi Unit Development Rider
<br />�] Other(s) [specify] Acknowledgement
<br />li. SIGNING BELOW. Borrower accepts and agrees to the terms and covenants .:ont.ained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with
<br />............................. ................................. ..............................* :.......................(Sea!
<br />)ar ell D. e
<br />.,math
<br />.................. ........................................................... I.......... �1:
<br />v:... ^ :,f ....... .........................(Seal)
<br />— aar�w.er
<br />Hazel D. Smith
<br />STATE OF NEBRASKA, Hall County ss:
<br />Or. this 24th day of April 19 89, before me, the undet(.ign d, a Notary P•rblic�
<br />duly commissioned and qualified for said county, personally came Darrell D. Smith and Hazel
<br />D. Smith, Husband and Wife , to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be their Voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the
<br />date aforesaid.
<br />CHMS 1 . ^...1- .......... .
<br />LRAM Notary Public
<br />f OtCmi.EwDr 2t 1992 REQUEST FOR RECONVEYANCE
<br />To TRUS IEE:
<br />The undersigned ie the holder of the note or notes secured by this Deed of Trust. Said note or notes, together
<br />with at: other indebtedness secured by this Deed of Trust, have been paid in full. You are hereby,directcq to cancel said
<br />note or note, and thk Deed of Trust, which arc delivered hereby, and to recomev, without warranty, all [tie estate
<br />_now held by you under this Deed of Trust to the person or persons legally entitled thereto.
<br />Date:
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