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go. . 105661
<br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as 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 (but not prior to acceleration under paragraphs 13 and 17
<br />staless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />default; (c) a date. not less than 30 days from the date the notice h 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 sums
<br />secured by this Security Instrument and 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 immedlate payment in full of all sums secured by this Security Instrument without further
<br />demasA and may Invoke the power of sale and any other remedies persaitted by applicable law. Lender shall be entitled to
<br />collect all expenses incarred is passning tie remedies provided is tbAs >pamgmilh 19, Including, but not limited to,
<br />reososiable attorneys• tan sad coals of title evidence.
<br />It the power of sale Is Invoked, Trustee shall record a notice of defaa> i In each county in which any part of the
<br />Property U located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by apokable law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, wildrout demand an Borrower, shall sell the
<br />Property at putille auction to the 'highest M9dder at the time and place and under dice terms designated In the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sal a of all or any parcel of the Property by
<br />public announcement at the time and place of any previously scheduled sale. Leakier or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />' Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of The statements made therein.
<br />Trustee shall apply the proceeds of the sale In the following order: (a) to All expenses of the sale, including, but not limited
<br />to. Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all croons secured by this Security
<br />Instrument; and (cl any excess to the person or persons legally entitled to it,
<br />20. Lender In Possession. Upon acceleration under paragraph to 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 includirg those pas! dur App retiN colle -clod 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 />j 21. Reconveyance. Upon payment of all sums secured by this Security Instrument. Lender shall request Trustee to
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<br />reconvey the Property and shall surrender this Security Instrument and all notes evidreraring debt secured by this Security
<br />' Instrument to Trustee. Trustee shall reconvey the Property without warranty anal 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 tune to time remove Trustee anJ appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Sevwni ty Instrument is recorded.
<br />f
<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.
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<br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be vent to Borrower's
<br />address which is the Property Address.
<br />by Borrower
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<br />24. Riders to this Security Instrument. If one or more riders are executed 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 Securty Instrument as if the nder(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />1 ❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider _
<br />'=1 Graduated Payment Rider ❑ Planned Unit Development Rider
<br />Other(s) (specify)
<br />BY Siotti o BF.Low, Borrower accepts and agrees to tnr terms and covenants contained in this Security
<br />=
<br />Instrument and in any riders) executed by Borrower and recorded with it.
<br />�_.
<br />' ......... ............................... ..... ..... ................. a r'. -" .- .. ...c....•.,- »a.. - -' ........ - -. .tai)
<br />k L. Dorman •- NWOwrr
<br />"..F.r...
<br />: .................................... ............................... .... .r. � .�!��a.t..:.z (Seal)
<br />Gladys I. n - 8°"''""'
<br />Shea: rn- NFORASKA. Mall c ,•runs ,.:
<br />On this 26th day of September , 1990 hrlr,t,. nu•, the 1111det,iglic,t, ,1 'vtr,l;u. I'uhh,
<br />duly commissioned and qu.ilttied tot said crttint :. retsltnalh .:title Jack L. Dereaan and Gladys I. Denman,
<br />each in his and her own right, and as spouse of each other it, file I,litn%if f„ he 1110.
<br />identical person(.) %hosc namco) aic suhs,riN -d to file Imcgoinw nt,nuntew and a,knossle.IFcd the esi,uunit
<br />thereof to he their %oluntao act and deed.
<br />Wilncss n»• hand and notattal .cal ,11 Grand Island. Nebraska til ,,fill Ih,
<br />date aforesaid.
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