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NotILUNIFOltM CovENA1VTS: Borrower and Lender further covenant and agree as follows: .
<br />1! � A� Raleetlk4. Cetus don give new to Borrower prior to acceleratiow following Borrower's
<br />ire M A army coveiaat or agreement in this Se ity Iaatrmmemt that aotp fw to secelemthm under p&sg mpbs l3 and l7
<br />wAte t appukabk law provides o0avive). Mw ttrotice sluli specify; (a) the default; (b) the action required to`cure the
<br />' 0 1- (e) n date, not less tiso 30 rays from the date the solke ht given to Borrower, by which the defardt crust be erg
<br />S" (d) tint fidltree to cure tie it fait an or Won ire ate ipteciftied In the notice my result In saekration of the sum
<br />aseusrei'by this Sactie ty Instrument ui state of the Proleity. Tile notice shall "furtiner inform Borrower bf the tight to
<br />tsrLrsta/t &fides aceekr'atfos•turd the ft ft to bring a court atsom to assert the aontxisteace of a dehmlt or nay other
<br />refesise eff Borrower to wcele ration and ink. Ifdw Mhult Is not eared on or Won the date specified in tie notice, Leader
<br />It let sptNn my rep** immediate payment In fA of all msms setnred by this Security Instrument widrout farther,
<br />iemandssrd may invoke the power of sak sad may other remedies permitted by apBomble law. T.e -AP r shall be eutifti to,
<br />cAMecf aB e —*CM. -ti pmrsaingthe.reartriee "o,., is this paragraph. 19. wsdial; bat lot limited to,
<br />` rrearanaMaatteraeys 'leesasldcesboftitkeviience. � .
<br />If tie power of sunk Is iawAtei, TrWn shall record a► notice of diftult is each toasty in which any part of the
<br />' Property is located and shad rtadl copies of sw h soda fir tie manner preseriW by applicable law to Borrower sad to the
<br />other persons prescribed by applicable law. Alter the time required by applicable law, Trmaw shall give public notice of
<br />sate to the persons and in the meniner pracriied by applk*k law. Trus tee, without demand on Borrower, shalt all the
<br />'Property of pulMe auction to tbe_hii ko bidder at tie time sad place and under. the terms designated in the aotite oisak In
<br />ooe or mars: p ercels and any order Trustee determineu. Trmistse may postpone: ate o! aD or aAy past of the Property by
<br />public mmommetmeut at the thine anti place of any pretiosiy scheduled sale: Lander or its designee may purchase the
<br />Property at twy sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />„ Property. Tie recitals in the Trusttee's deed shall be prima fade evidence of the truth of the statements mate therein.
<br />Trustee shalt apply the proceeds of the sale in the following order. (a) to all expenses of the sale, including, but not United
<br />to, Tiptoe's fen as leremitted by applicable law and remonable attorneys' fees; fin) to all sums secured by this Security
<br />Instrument; and (e) nay excess to the person or persons legally entitled to it.
<br />i 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />i 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 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 to the sums secured by
<br />this Security Instrument.
<br />21. Recomteyance. 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 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 ail the title, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notlem 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 />_ ❑ Adjustable Rate Rider ❑ 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 with it.
<br />................... ............. ...... . ....................... .................. ....... .dir!'A1�si^eit....�i..... ^........................(Seal)
<br />Duane L. Stetson - ►rcwe*
<br />................................. ................... . ......... . ................ ..... <azr�r. (�r.�.: �.�........... .(Seal)
<br />Jeatline L. Stetson —Borrow?
<br />5TA-ru OF NEBRASKA. Hall. Collilty stir
<br />On this 24th day of August .19 90 , before tile, the under.INned, it Notary 11tiblic
<br />duly commissioned and qualified fur 4aid county, personally came Duane L. Stetson and Jeanine L.
<br />Stetson, each in his and her own right, and as spouse of each other. to me knoall to he the
<br />identical persons) whale natnc(;) are cuhscrihcd t(i thr forcgoing in%tntnicia and acWoaicdgcd t11, cNerutlnn
<br />thereof to be voluntary art and deed.
<br />Witness my hand and : am". 3l seal it - Grand 18 113rIC-, - Rubbru —Ace i:T iitiii e(ltirir`r', hilt
<br />date afotesaid.
<br />GidillAl MTlfltrM{If'Nlrfraq ( M
<br />My Commission expires : `J a A
<br />OAMgi oOigAE" 1_. r,{ 7;f`" .. r -... .. t.. .. .
<br />tits t#tlan 6111,4 i!!?
<br />REQtJLS1 FOR RECONWL ANC E
<br />-IO TRUSILE:
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<br />witli all (Triter iudchteiltic.% %cc n►ed by thi' Ih ed t'l { tsi.t. iTeiL l' 1'[clT rdtll Fit dill. N I'll ill florin IhIc' -w[1 F(t :.t1ic ('i 'al(1
<br />_ ll(ite (Tr 'llf)f6 4011 1111ti t)ic(I 1.0 f ilia. ii,Uldi i{fe twil,i.¢tctt 116'00+ , .Ihil t" Ii :oh:ct, 'k(II ill Viii %%,ItI.illlt. .Ill 011. ci-f.li'•
<br />HOW held by %(ill 1111(lot Il)k t)('['(t (it {rlla til t Ile Per .I}I) '+i 110 .! II- It'0.111[ tUtttl[(I III( It1 e
<br />Date:
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