|
it s
<br />NON.UNIFURMCovENA-MTV— tlorTpwera --TIT P der ^finthetcor•malt end alreeat rKIloorw
<br />19. Acceleration; Retinedies. Lewder sill give mica bs 9orrower prior to s%ceteraBotr.. taiiowift Borrower's
<br />breach of any covenant or agreew eat in this Security lostrt�.at (brit not prior to a Pit' btadius under paragrapbs 13 sad 17
<br />unless applicable law provides otherwise). The notice sb A specify: W the def;14 (b)'tbe'action re*dred to cure the
<br />default; (c) a date, not less than 30 days from die 'date .P4 Mice is given to Borrower, by wbkb the default most be cur.- ;
<br />and (d) that failure to cure the der Y:ton or before be date specified is the notice may e - 1- is acceleration of the suns
<br />secured by this Security Instrument sad sale e.. tk-- Property. The notice shall further infero Borrower of the right to
<br />reinstate after 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 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. Lender smell entitled to
<br />collect all expenses incurred in pursuing the remedies provided is this paragraph 19, including; butt limited 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 ciyanty in wb?ah sw�p of the
<br />Property is located and shall mail copies of such a-Aice 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 law, Trustee khan give public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder at the time and place and under the terms designatc.:A in the notice of salt in
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee 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 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 taw 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 (in
<br />person, by agent or by judicially appointed receiver) shall be entitled io enter upon, take possession of and manage the
<br />Property and to collect the rents of the Property including those past due. Any tents 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 or, receiver's bonds and reasonable attorneys' fees, and then to 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 Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />instrument to Trustee. Trustee shall reconvey the 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 ind appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded.
<br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duti% conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borrower requests that copies of the notices of dr.iault and sale be sent to Borrower's
<br />addres<. 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 />Adjustable Rate Rider E] Condominium Rider ` 2-4 Family Rider _
<br />Graduated Payment Rider Planned Unit Development Rider
<br />Other(s) [specify]
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded wit
<br />U-le....... ......................... (Seal)
<br />Orville D. Kohls — eoro"N
<br />4
<br />.............................................. .........................
<br />` A.....
<br />...... �^ • l�,Q�Q, (Seal)
<br />.......
<br />�1l.Za etfi Koh1s — so,rcwa
<br />STATE OF NEBRASKA,
<br />Hall County ss:
<br />On this 28th play. of April lq
<br />duly commissioned and qualified for said county, personally came
<br />Kohls, each in his and her own right, and as spc
<br />identical person(s) whose name(s) are subscribed to the foreg(
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at r,ranri sland,
<br />date aforesaid. 6EM NOTARY -Staff of N*Zsb J
<br />89 before me, the undersigned, a <Notary Public.
<br />Orville D. Kohls and Elizabeth A.
<br />use of each other , to me kp.dw•n to be the
<br />)ing instrument and acknowledged the' execution
<br />Nebraska
<br />in said county, the
<br />LONNIE D. DAVIS
<br />Ntv Commission expire . My Comet 1* W 15 l9M ,
<br />Nwar+ Public
<br />REQUEST FOR RE-CONVEYANCE
<br />TO TRUSTEE•
<br />The undersigned iv►the holder of the note or notes secured by this Deed of Trust. Said note or notes, together
<br />with all other indebtedness secured by this Deed of Trust, have been paid in full. 1'ou are hereby directed to cancel 'aid
<br />note or notes and this Dced of Trust, which are delivered hereby, and to reconvey, without w•arrar.ty, all the estate
<br />now held by you under this Deed of Trust to the person: or persons legally entitled thetc :o.
<br />Date:
<br />.......................... ...............................
<br />
|