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<br />140N•UNIF09MCOVENANTS. Borrower and Lender further covenant and agree as folio&..
<br />119. Acceitta4,ioa; Reasadies, Leader shall give notice to Borrower prior to acceleration following Borrower's
<br />breath of any covtlaxt or agtreeseat is this Security Instrument (but not prior to acceleration.uader paragraphs 13 and 17
<br />unleut applicsbbe ls* provides otherwise). The notice shall specify:` (a) the default; (b) the action required to cure the
<br />default; (c) a des C try less that 30 days from the date the notice is ghea to Borrower, by which the deftxult must be cured;
<br />and (d) that Men to care the defaalt on or before the date specified in the notice may result in acceleration of the suers
<br />set and by this S"ingity luftmeat and ask of the Property. The notice "farther inform Borrower of the right to
<br />reinstate dher aec knikkm and the dOt to brigs a court action -to aaaert ibe mm4xtstence of a defanit or any otber
<br />defense of Bormwtttr:te aoteleratk a and sale. U the default knot cared on or before the date specified lathe notice, Leader
<br />at its option may. tkplm immediate payment in fall of all sums secured by this Security Instrument without further
<br />deow d and may id"*e the power of sale ad say other remedies permitted by applicable law. Lender shall be entitled to
<br />colket an expetam inearred is paroft the remedies provided in this paragraph 19, indudiaM but not limited to,
<br />re"orathle attormpe fees ad costs of title evidence.
<br />. If the power, of sale is Invoked, Trustee •shall record a notice of default in each county In which any part of the
<br />Property is locateda:ad shall mail copies of such notice in the manner prescn "bed by applicable law to Borrower and to the
<br />other persons prescribed by applicable lac:. After the time required by applicable law, Trustee shall give public notice of
<br />salt~ to the pene"and in the maser prescribed by applicable law. Trustee, without deed on Borrower, shill sell the
<br />Property at publki"on to the higher t Wder at the time and place and under the terms dies rated in the notice of sale in
<br />one or more pareek and is saw order Trustee determines. Trustee may postpone sale of all or any pared of the Property by
<br />pahHe annoancemtat at the time and place of any previously sebedultto sale, Lender or its designee tr xy purchase the
<br />Prwptxty at snyrsailk
<br />Upon recent of payment of the ps *e bid, Trustee shall: deliver to the purebaser Trustee's deed conveyi W the
<br />Property. The- recitals in the Trustee`s shed shalt be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall sp* the proceeds of the sdie" in the f ng order: (a) to all expenses of the sale, including, but not limited
<br />to,.Trastee's fees as permitted by applicable law endt reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (all any excess to the person or persons legally entitled to it.
<br />20. Leader; 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 to enter upon, take possession of and manage the
<br />Property and to collect the rents of the Property including those past due. A du , rents collected by Lender or the receiver
<br />shall be applied fkst to payment of the costs of management of the Property and collection of reacts, including, but not
<br />limited to, receive-es, fees. premiums on receiver's bonds and reasonable att Zys' fem and then to the sums secured by
<br />this Security Iast:rurn.ent.
<br />21. Reconieyance. Upon payrcy--rzt (if all sums secured by *,t:s Security L':strument; Lender shall request Trustee to
<br />reconvey the Property and shall surrender this SecumX. Instrument and all ctanes,_evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey th.- Fr rty without warranty ;,,fir$, without charge to the ; ; arson or persons ! .`
<br />legally entitled to it. Such person or persons shall ptiyariy recordation costs.
<br />22..'Ssitetittute Trustee. Lender, at its option, may from time to time remove Trustee;md appoint a successor taatstee
<br />to any Trusizeappointed hereunder by an instrument sj arded in the county in which this Security Instrument is recur ded.
<br />Wii6Uu t conveya:tce of the Property, the successor t t ti,a:"re shall succeed to all the title, ptswer and duties conferred upon
<br />Trustee herein arrdby appN ;2;b1e law. -_
<br />23. Request for Notices. Bom,% ar requests that copies of the notices "Xi`, t— .t 1d sale be sent to Berrovier's
<br />address which is the Property Address,.
<br />24. RWers to ibis Security'lustrument. If one or more riders are executed by $c:t rat :r and recorded toget1wr• with
<br />this Security Instrument, tke covenants and agreema4s of each such rider shall be incorporated into and shall amend. and
<br />supplement the covenants ind agreements of this Security Instrument as. if the rider(s) were a' tart of this Sevzmty
<br />Instrument. f Check applicable box(es)) .
<br />K] Adjustable Rate Rider, ❑ Condominium Rider ❑ 24 Family Rid. r
<br />❑ Graduated Payment Rider ❑ Planned Unit Development, Rider
<br />J
<br />Other(s) (specify) Acknowledgement
<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 it.
<br />...................................................... ............................... �.. (Seal)
<br />013 'gla Benson — �iarrower
<br />........ .................................................... ................ :.... ...... �1 ^. 5.. .............. .(Seal)
<br />4,a�n rt_ $en Win — Borrower
<br />STATE of NtMA5KA. HALL County ss:
<br />On this 5th day of May .19 89 . before me. the undersigned, a Notary Public
<br />duly commissioned and qualified for said county. personally came Douglas L. Benson and Jean M.
<br />Benson, husband and wife , to me known to be the _
<br />identical perion(s) whose natne(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 />-2-92 }, r
<br />tiAtMdM. IZIlIQ ........ . ... . p DLLON
<br />!AV raattiN
<br />ti „�.�, t•, 1,i„
<br />REQUEST FOR RECONVEYANCE e`
<br />1'r,'frtt.�,ct•t i��
<br />the under,lgrted the holder of fire note or notc� <e.tired by thk Wed of Irtt,r. `,itch norc or note,. toeethel � F
<br />with till €titter utdcl- tedtees” "tented by tht� Decd of I rust. 113%C hcen Paid In tali
<br />- to t tt .ere face h� �itrc� trd 1t. i,e1t�, z chit
<br />ntac tit 11111c% and !hi: Meech tit Irt1.r, %vtni h ate d0nured liciehv. Mid ti• tut.lnc�-. u1t1141! i s.;ett,m•�. ,tl! t 11 r"t.tlt
<br />11mviteld Im u _iu i.n&r t1w. "Decd of Irrw to tfu' t'cr.,+rt t.r. tucr'ons i :' .tilt. twirl..i th. rc
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