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89- 102720%
<br />No1%,.LINIi oRm Co rN.% %is Borrower and Lender further emenant and agree a% follows.
<br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument tbut not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />and(c) a date. not less than 30 days from the date the notice is given to Borrower. by which the default must be cured;
<br />and id) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security instrument Rnd sale of the Property. The notice shall further inform 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 full 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 shall be entitled to
<br />cotlect all expenses incurred in pursuing the remedies provided In this paragraph 19, including, but not limited to,
<br />reas mart attorneys' fees and costs of title evldeace.
<br />it(f itbe power of sate Is Invoked, Tartmfir3ve mall record a notice of default in ea&. county in which any part of the
<br />Propectt•4q is located and shall mail copies of such notice in ttllfa manner prescribed by mppUeable law to Borroweer mend to the
<br />other ptev-vx is prescribed by applicable law. After the time nq uired by applicable lane; 'Rustee shall give pwbUr^ notice of
<br />sate to tote ;persons and in the manner prescrf•" by applicable law. Trustee, withmaa demand on Borrower„ 4ball sell the
<br />[Property pt ptd►to asr^mm to the highest biddcq as the time and place and under the hems. designated in the notice of sale in
<br />one or wom parcels a nA in any order Trustee d2Kermines. Trustee may postpime sale of all or any parcel of the Property by
<br />public anminmeement. at the time and place oB any previous4y scheduled sale. iaznder or its designee may purchase thr
<br />Property �wt rttav sale,•.
<br />Upon receipt of payment of the price bld, Trustee shall deliver za the. purchaser Trustee's deed Conveying the
<br />Property. The reciuds In the Trustee's deed sbWl be prima facie evide�,m of the truth of the sttatrements made therein..
<br />Trustee shall apply the proceeds of the sale in the following order. (a) to ail expenses of the sale, including, but not limited
<br />to. Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (kn to all sums secured by this Security
<br />instrument; and lc) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph IQ or abandonrn;m of r*,- Property. Lender (in
<br />person, by agent or by judicially appointer] receiver) shall he 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 receives
<br />shall be applied first to pay meet of the costs of management of the Property and collection of rents, includkig. t*ut not
<br />limited roc receiver's fees, premiums on recener's tx -)nds 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 and appoint a successor trustee
<br />to any Trustee appointed hereunder by an inGtrumrnt re! -ordeii to the .•m,anty in which this Securit;' !ndErument .4 r!'Cni(1ed.
<br />Without conveyance of the Property. the wr.:c,sor 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 copse+ 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 he 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 />lnstrun>: ,t. [Check applicable bolt(es))
<br />Adjustable Rate Rider Condominium Rider ( -7 2-4 Family i, OCAr
<br />Gradi-wal. Payment Rider Planned Unit Development Rider
<br />Other(s) [specif)]
<br />By SIGNIVCw BEI -ow. Borrower accepts and agrees to the terms and covenants corrl.u.ned in this Securtty.
<br />Instrument and in any nder(s) executed by Borrower and recorded with it.
<br />Ojanny 4:_ .Coll • - sorrowef
<br />'�-.. Y .. e .. .... . r........_. _ .Lt t: : _ }`....... (Seal)
<br />orfower
<br />COristailce J. Collin
<br />SUAII (1t NIPRASKA, Hall t.',tiniy
<br />'!Jf Ihic 26th dal of May 1 9 helnte me, ifte undcr•ioned, a 'r:olat% I'uhlti
<br />and quri;ifivd for ,aid rotutt.. rcr Danny D. Collin and Constance J.
<br />Col .'t% each in his and her own right and aS SPOU96 of each other !:, nie I,nimo i„ h; 11w
<br />identical nantet.) arc ,uhtinhcd ru the tores''its:� ir•,.:rurnrnl and Ih-.
<br />thereof to t,c their :olunt;uti apt and dyed.
<br />1i',;nc•� Im haild .old I-N111a1 wal it Grand Island, Nebraska ,,, ..,, -f ,.,, n t. lt•
<br />,late afrtc••atd
<br />Cal li,41 haws -Sift¢ of tt8't7� � f _ l'� c •_l _ �'? . �` c"
<br />SHEMA J. ALDER i
<br />.4`I Ito fotitai liif ten. 9 to RI t) t 1, I I It i k Ir If i )\%I t 1 t f
<br />Y; IN• .,i
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