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<br />89- 103158
<br />NON. I.INIFORM COVU- NA!Vfs Rarrower anti t ender furtherez=:enant and Agree in follows:
<br />19. Acceleration; Reinddies, Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breech of any covenant or agt+eenleat IN this Security Instrument (but not prior to accreleration under paragraphs 13 and 17
<br />wakes applicable law provides otherwise), The notice shall speeityt (a) the defauih (b) the action required to cure the
<br />"wit; (On date, not less than 30 days from the date the notice Is area to borrower, by which the ddwh mvet be aired;
<br />oW (d) that hilure to cure the default on or bsPora the date specified in the notice easy rwttlt In ac bestlom of the saw
<br />seared by able Security Instruateat and ask of the Property. 'Itie artier 9W hMber oaf" m Borrower of the right to
<br />reinstate after aceekrattoa and the riot to bring a coact action to assert the non- exbteaes of a "wit or any other
<br />dshm of Borrower to acceleration and sale. Iftbe dduk bad eared on or before the date spaeiilei la the notice, Lender
<br />at its option my.require Immediate payment Is flail of alt wain nettled by tbia Security Inatmttasnt witbout furtber
<br />demand and smayi'avoke the power of sale and any other readies permitted by appikeWe law. tender shall be entitled to
<br />collect all expterfses incurred in punvilmg the remedies provided in this paragraph 19, iaeludine but not limited to,
<br />reran attorneys' fees and cats of due evidence.
<br />It the power of sale Is invoked, Trastee shall record a awlee of default In each county In which any part of the
<br />Property is located said shall wail copies of such notice in the nta■aer prescribed by applicable law to Borrower and to the
<br />other persona pt�eact bed by applicable law. After the time required by applicable law. Trustee shall give public notice of
<br />sale ts, the persons and in the manner preseribed 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 terms designated in the notice of sak in
<br />one or acre parcels and is any order Trustee determines. Trustee may postpone sale of all or nay parcel of the Property by
<br />public mmenceweat at the time and place of nay previously scheduled sale. Lender or Its designee may purchase the
<br />Property at any. MAP... .
<br />Upon rebt* of psynieist of the price bid, Trus(ee shall deliver to the gmlaer Trustee's deed conveying. tlrre
<br />Property. 7lseaiVdtW15 in the Trustee's deed shall be prima facie evidence of the trutb of . the statements made thett+e m
<br />i denature tlal! i t the proceeds of the sak is the fd(awtatg order. (a) to all expenses of the sale, indudlus but not United
<br />t% Trastee's fetm ss permitted by appli4�alile law simil asonabie attorneys' fees; (b) to all.stt u secured by this Security
<br />Iustimment; ad (c) any excess to the peesaa or persoat,legally entitled to it.
<br />20. Leader in Possession. Upon.aWixleration !ender 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 tp collect the rents of the,"rty including those pet due. A# rents collected by Lender or the receivei
<br />shall be applied! ;tfr*t to payment of the: oasts of management: of the Prop mly and callecti n of rents, including, but nevi.
<br />limited to. receikers fees, premiums on rimeiver's bonds and. rusenable at'totrmyt,'14es:, and then to the sums secured b)).
<br />this Security Instrument.
<br />21. Re!eonveyanee. Upon payment of all sums secured by this Security Instrument. Lender shall request Trustee io
<br />reconveg 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 Traatee. Lender, at its option. may from time to time remove Trustee and appoint a successor trustee
<br />T.. ua.a s .vines licrciiFiuci v7 art litsiithalus i rcuu. in lire country in which this Security instrument is rewrdeti.
<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 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 />Othet(s) [specify] 1 -4 Family Rider (Assignment of Rents)
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants. contained its this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />.......................................................... ............................... !.......................... : (Seal)
<br />Gary Va�!/jlas %elk' +T- ower
<br />......................................................... ............................... .9'!:... 5�.............................
<br />r Valasek -- so.,�..►
<br />SX'wrE OF NEBRASKA. Hall County ss:
<br />on this 21St day of June .19 89 , before me, the undersigned, a Notary Public
<br />dulX omhtt'i 4.pned and qualified for said county, personally camc Gary E. Valasek and Mary G. Valasek,
<br />each.; jn his and her own right- and as spouse of each other , to one known to be the
<br />1&btical perwt;(s) whose names) axe subscribed to the foregoing instrument and acknowledged the execration
<br />thereof to be' .: , their volunaary act and deed.
<br />Witness'my hand and notarial seal at Grand . Islan , N raska in Said county, the
<br />date aforesaid.
<br />My Commission expires: f_,f -X f
<br />tt71A %..far% 1`011.
<br />REQUES-1 R RUC NW -YANCU
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