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<br />-- - - --- - CIS r-
<br />10224,9.
<br />NON - UNIFORM C:OVENANiS. Borrower atrtf Lender furtbercovetunt and agree as follows:
<br />19 Aerekrwtiaa; Bemedkt. Leader Halt give sober 0 Borrower prior to seukradioo following Borrower's
<br />breach of say toveaNUtnragree 1 1 to this Secw ty Iaabum M(bK mtpdw toaceekratioa uaderparagtwpb 13 sad li
<br />aaleaa oppNeaile law provides otherwise} The sotiee 40 {reify: (a) the dtbd% (b) tie aetioa reinird to are the
<br />default; (c) a dittt, Not Iaaa tbM3g dais tam the raft the made.e [a #m tt Borrowerl, by which the &Mwk man be cured;
<br />and (d) that More to cure tic dellrok on or I oft a the date opeddld in tie taetke my res uft In aceekration of the same
<br />seared by 111110 SOMWIM Instrument and sole of the Property. The mods shall fYwther inform Borrower of the ripltt to
<br />rmirrts11e 411W aeseleratioa and the r101t to bring a court tedoE to annnrt the aoo-euJiftion of a default or any other
<br />defame of Borrower to secdoUio a and sale. If the deft" is ask card an or befog the daft speci6d is the ao lee; Lender
<br />at its option may rerldm lmmdiate payment is Colt atoll nuns seemtod by this Security Itrsti rsneeat without furrier
<br />demsad and stay Invoke the Power *fade and say other reseedies persaftd, by appUeabk law. Leader shall be entitled to
<br />collect all expenses iscurred is purvaing the reatedin provided In thin paraprspb 19, iacl ft& hat not limited to,
<br />ressonslik attoraeis'teen tad eaft erdtle evidence.
<br />If the power of sole k iavokd, Trustee doll toward a notice of dd ak In out toasty in wbkb my port of the
<br />Property is 1000M and shall rill topics of seek notice is the stunner prescribed by applicable law to Borrower aid to the
<br />other persons pr,meribed by appRoble law. Aloe the tiate rehtdrad by applieable low, Treater shall she public atone of
<br />sale to the person and in dir ouhaner prescribed by sppiieable law. Trustee, withoatt demand on Borrower. shall all the
<br />Prspeaty at publk MOWS to the MOM bidder atthe brie and piece and ander the teems dedmo tedio tie attire of side in
<br />ore or atone pinveh and In ray order Trustee detnvniomr Truer may postpone sale of all or say parcel of the Prcopuly by
<br />PMk somenneement at the time sad place of my peetioody scheduled ask. Leader or its derogate may purchase the
<br />Property st any oak.
<br />Upon r+enapt of payment of the price bid, Tnmtee shall ddfver -to the pore11aser Troso is reed conveying the
<br />PMPeM- The reeitab is the Trustee's deed shall be prima fade evid tes
<br />esm of the truth of the sta eats made therein.
<br />Trustee shall apply the ps+seeeda of the safe ice the fuilewing order: ( to all expenses of the ask; iaciaiittg, bat not limited
<br />to. Trustee's fees as Pmmitted b)' apptitdek law shad rsasosurlip attorseW feet (b) to alt ssaa second by this Seem dty
<br />Instrument; and (c) any eacan to the psrsoa or persona legally entitled to it.
<br />20. Lender is Pasnit lon. Upon acceleration under paragraph 19 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 tfitm past due. Any rents collected by Leader or the receiver
<br />shall be atppUed first to payment of the costs of management ref the Property and collection of rents, including, but not
<br />limited to, rts.eivees, fe6A premiums, on receiveel,bonds and reasonable attorneys' fem and that no. the sums secured by
<br />r it s Secue."a^y QnstrumeaL
<br />21. IReonvevaws Upon payment of all s=s secured by this Security Instntme-nt, Lender shall request Trustee to
<br />reconvey t1wiii- �tni shall surrcdet this Security InstMMMt and all notes evidencing debt secured by this Security
<br />Instrument ooTrusteie Tr*astee shall •reconvey the Property-wit iAmt warranty and without charge to the person or persons
<br />legally entitled to it. Stick Person or persons shall pay any recordation costs.
<br />22. Substitute Ttniotee. 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 Instrument 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 Instrt out. If one or more riders are executed by Bo n":er and rcorded *egeiher with
<br />this Security Instrument, the covenants and agreements of cwj? such rider shall be inQ,., gKrated into and sltr it wmend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a Port of this Security
<br />Instrument. LCbrck app!zanble box(es))
<br />® Adjustable Maas: Rider ^{Condominium Rider ❑ 2-4 Family Rider
<br />❑ Graduated Payment Rider, ❑ Planned Vail Development Rider
<br />® Other(s) [spea,.+�yj AcknowleC+ -nett
<br />BY SIGNING BELOW. Borrower accepts and agrees its the terms and covenants coitained in this Security
<br />Instrument and in any riders) executed by Borrower and recorded with it.
<br />.................................... . .......................... I .............. ....... Karl T.��eI o................................... . ..................... .... (Seal)
<br />s - -eotroww
<br />STATE OF NEBRASKA.
<br />......................... Kth'"'A1r��i5tti .:...c��.- °:....(
<br />-- Borrowr
<br />HALL
<br />County ss:
<br />On this 21st day of April .19 89. before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county. personally came KARL T. frELSON AND KATHIE L . NELSON,
<br />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 Tslard, Nebraska in said county. the
<br />date aforesaid.
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