r
<br />11
<br />F
<br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows89'— i 03081
<br />19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless sppllcable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />detaalt; (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 (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sutras
<br />secured by this Security Instrument mW sale of the Property. The notice shall iurther Inform Borrower of the right to
<br />rNadate after acceleration and the right to bring a court action to ataert the non-existence of a default or any other
<br />defame of Borrower to acceleration and sak. If the default is not cured on or before the date specified in the notice. Leader
<br />at Its option may "Ire is mediate payment is &H of all am secured by this Security instrument without further
<br />dessand and tray iavoke the power of sale and any otter retstledies permitted by applicable law. Lender shall be entitled to
<br />colllect all expenses Incurred in parsising the rewedles provided In this pera roph 19, including, but not limited to,
<br />reasonable attorneys' fees and costs of title evidence.
<br />U the power of oak is invoked, Trustee shall record a notice of dehtdt is each county In which any part of the
<br />Property is located and shall Mail copies of stacb notice in the mattttler prescribed by applicable law to Borrower and to the
<br />other person prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the assaw 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 term desigaated in the notice of sale in
<br />oat or fedora parcels and IM nay order Trustee determines. Trustee nay postpone sale of all ve any parcel of the Property by
<br />puNk m mouscemeot at the time and place of any previously scheduled sale. Ltadw or its designee may purchase the
<br />Property at say sak.
<br />Upon rmlpt of payment of the pvice bid, Trustee shall deliver to the purchissU, Trustees deed conveying the
<br />Property. The recitals in the Trustee's deed shall be prima fade evidence of the trutlk 98 the statements made therein.
<br />Trustee shall apply the proceeds of the sane (a tilde following order. (a) to all expenses of ft sale, Including, but not limited
<br />to% litWW* fees a permitted by applicable law µad reasonable attorneys' fem.(b) to all sums secured by this Security
<br />IaatamMeMt; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lander in Possession. Upon acceleration under paragraph 19 or abandonrrierae of the property, Lender (in
<br />person, by ispit or by judicially appoiAt64, receiver) shall be entitled to enter upon, t3hr .- possession of and man4p the
<br />Property and to collect the rents of the Property including those past due. Any rents cot fected 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, deceiver's bonds and reasonable att�tc y} fees, and then to the sums secured by
<br />this Security Instrument. .
<br />21. Reeos veyance. Upon pay mean. of all sums secured by this Security Ise . ' ment,. Lender shall request Trustee to
<br />rewayey the Property and. sits!! surrender this Securty. Instrument and all nows evidencing debt secured by this Security
<br />Instmnent to Trustee. Trustee shall reeonvey the Property without warranty aad without charge to the person or persons
<br />legatty, entitled to, it. Such parson or persons shall pay any recordation costs.
<br />22. Saimidtate 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 remded.
<br />Without conveyance -of We Property; the successor trustee shall succeed to all ib" title, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for r4otim% Borrower requests that copies of the notipes .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 ex®cuted by Borrower and recorded together with
<br />this Security Instrument, the clovenants and agJreemertrs of each such rider st'WR be incorpotated into acid shall amend and
<br />stlgp ement the covenants send agreements of this .�curity Instrument as•e6.the rider(s) were a pan of this Security
<br />Instrument. [Check applicabk box(es)] :
<br />❑ Adjustable Rate hider ❑ Condominium itiatetr F1 2-4 Family Rider.
<br />❑ Graduated Payment Rider ❑ Planned Unit Developt Rider
<br />❑ Other(s) [specify]
<br />BY SIGNINo 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 />..... ...............................
<br />......... ...............................
<br />STATE OF NEBRASKA,
<br />................ ............................... � ,r.Cl�. ............(�s
<br />W. mil hhael' Muth -- en�owe�
<br />............... ............................... ... . /l/� ;..Prt�.
<br />Patricia a: Muth.......... orwir
<br />Hall County ss:
<br />On this 16th day of June , 19 89 , before me, the undersigned, a Notary Public
<br />drily commissioned and qualified for said county. personally came W. Michael Muth and Patricia A. Muth,
<br />each in his and her own right, and as spouse of each other , to me known to he the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the eeecution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the
<br />date aforesaid.
<br />My Co /
<br />I&A J. 'AL :T ................
<br />w a.. fa► Bar. t tII� DIER
<br />IQIJI-Sl- 1014 RLCONVi ti,
<br />To TRt sii-t
<br />.i lie 1111der st-rled 1% ttiC: holdcr n! :Ili' 114,1!c ter 11 i1u, thLd •1 11 I's 'Ild tut -Ie .,t of sw%, tovoI1�'t
<br />%sth .11t 4 1hv`r IrtdciltcdlIcv. sainted Iry tilt, DvCd n1 I t 11.t. it :t%r marl p.1 td to tint It ,-n ,tr, i/ct: hs ,in;, d t.1 ,.u1,.1 -.IIJ
<br />Hole or note, arld 111%+ Deed of iru,1, 1 110 ,etc d,lI,rrtlt h,:tc111..1,1.1 1, t'll : �, ,�i I1, •r t „1, . 't
<br />now held by jolt uuaer t III , Decd -,1 Ir1iIt t„ 1111 I.1.•.tIII >t In,.... ',s,11:. ;1•r.ti,d i„ t•.1
<br />i).ttc.
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