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<br />14 oN- UNIFOP1 t COVENAN"IS. Bori awier gttd I etidcr fiutlter covenant and agree as foftowsr
<br />19, Acceleration; Remedies. bender shall give_ NWM to Borrower grin[ in— A ration following Borrowee" s
<br />tseach of any covenant or agreement is this Security Instrument (but not prior to aoakratioa ender paragraphs 13 and ?.'I
<br />unless sppUcable law provides otherwise). The notice shall specify: W the default (b) the action re4utred to care rite
<br />default; (c) a date,, not less than 30 days from the date the notice is given to Borrower, by which the default mast be cored;
<br />and (d) that failure to core the default on or before the date pperified in the notice may result in acceacration of the soar.
<br />secured by this Security Itsstrament and sale of the Property. The notice sMI further inform Borrower of the right tc
<br />reinstate after acceleration sad the right to bring a cou , -. lk.n to assert the non - existence of a default or any other
<br />defense of Borrower to acceleration and sale. IL the defavit is not cured ou or before the date specified in the notice, Lende
<br />at its option may require raetmediate payment :n fall of all sum secured by this Security Instrument without forthe
<br />demand and may ievoke the power of sale and arw otter remedies permited by .rlplicable law, Lender shall be entitled ti,
<br />collect all exoerses incurred in pursuing the ciAuedies provided m this paragraph 19, including. but not limittd to,
<br />reasonable attornevs' fees and costs of title evidence.
<br />If the power of We is invoked, Trustee slWi 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 la-?; Trustee shall give public notice of
<br />sale to the persons and in the manner prescribes. by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Prrperty at public sactien 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 b
<br />public announcement at the time and place of any prcricusly scheduled sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee -sell deliver to the purchaser Trustee's deed conveying tb::
<br />Fruperty. The recitals in the Trustee's deed shall be prima facie 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 sale, including, but not limited
<br />to, Trustee's 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 19 or abandonment of the Property, Lender 6n
<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 pas; due. Any rents collected by Lender or the receiver
<br />shall be applied first 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 t:: the sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Preperty and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee- Trustee shall reconvey tht 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 />22. Substitute Trustee. 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 this Security ►.,strument is recorded.
<br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borrower requests that copies of the notices of default 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 are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into 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 />f�
<br />Adjustable Rate Rider Condominium Rider 2-4 Family Rider
<br />Graduated Payment Rider F-1 Planned Unit Development Rider
<br />X, Other(s) [ specifv] Acknowledgement
<br />By SIGNING BELOW, Borrower accepts and agrees t ke terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and record d wr h it.
<br />......................................................... ............................... `y`I`^ -.... J,.. ... ........... .........................(Sower
<br />rome D. Piepe --Borrower
<br />Seal
<br />;�1.( :.� : ....t...ls...
<br />Deborah K. Pieper --Borrower
<br />STATE or NEBRASKA, Hall County ss:
<br />On this 28th day of April , 19 89 , before me, the undersigned, a ;dotary Public
<br />duly commissioned and qualified for said county, personally carne
<br />Jerome D. Pieper and Deborah K. Pieper, 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 in said county, the
<br />date aforesaid.
<br />1, y, 0MWMW=Ju112.1Z2
<br />2 -92 � � �}��(� ��
<br />MARG / a.. ..
<br />� Y1 { No�ary Public
<br />REQUE ST FOR RECOfivEYANCE
<br />To TRUSTEE:
<br />The undersigned is the holder of the note or notes secured by this Deed of'Irust. Said note or notes, together
<br />with all other indebtedness secured by this Deed of Trust, have been pain in full. You are hereby directed to canoe' said
<br />note or notes and this Deed of Trust, which are delivered hereby, and to reconvey, without warranty, all the estate
<br />now held by you under this Deed of Trust to the person or persons legally enti,ler thereto.
<br />Date: .......................... ...............................
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