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1 <br />89-OM 1.0389 7 <br />Noy•UNa0Rlr4C0VFNAN7S Borrower and lender further covenant and agree as follows: <br />19. Acceleration: Remilike. Leader shall lire sotke to Borrower p" to aceckratlutr following Borrower's <br />breeds of my covesnw or a/rse"at in this SK W ty lnstrasseat am sot prior to ttseeleeatW* under paragdtphe 13 cad 17 <br />uallesra applie" law Pin- e 11M 4in). T% nodell mall $PK*: (a) the debslt; %) the action reoMired to care the <br />default; Ec) a lase. trot sea than 3t# doye t'teten the dMe t4 aatka b glvas is )torrower. by whki fire tiiefatelt saner be euredt <br />and (d) that IWMre to sera the de leak es or l I% the dale dpeeiied la ft narks easy n"It ite accelerstioa of the r>aw <br />ncwvd by ebbs SKWky i"WW"" and sale of the Preparfy. The notice dbell twdw rebores Berrowar of the r%M to <br />relastate after aceekratiea acrd the right to bring a dent aetles to aeddrt the ses"XIONace of a defask ar .ay other <br />deface el lteerower to weeMratiart and sale. If the deftelt b set eared on or %f ire the date speeillad is the nafth Leader <br />ae No Sprigs my mquirm iansetiittte payanertt in fail of ail awn enears by this Security IattrMSteret withos±t lyrther <br />dewaad and easy iaealte on pewer of ele cad nay scorn rg dids pd mkwd by 11 11 law. Leader ahall be entitled to. <br />ee>tlect all upon fatrertedt is psedaiag the raandbs provided is this pealRaill 119, hwhW sag, but sat U111"d to, <br />""so" atterasys' has memo efthle evoke re <br />If the pewer of sale is kvebad, Tr sled d oll resorts s aodee of ddb mk 4 eub doattty is wbkb asy part of rho <br />Property k Misled sad abail need eapida etetecr aeeioe ila the tauswer preeeri►ed Mf appikabk haw b Borrower cad to the <br />other !areas l en cubed by applicable law. Albr the dw regoired by applicable law, Treehe dmdl diva pabile sonde of <br />sale to the pereeae end is the eiasaer preeerlbed by applieabk law. Trustee, without deausd otr Borrower doll sell the <br />Property stpoblie aced" to the Mgrs W"w at the tore and pl ce sad Mader the terns desigsated Is the settee of sale is <br />ose or won parcels and is any order Trustee deteroiaes. Tnowe way Ile opoae sok of 0or any pared of the Property by <br />publk saaosaeen"t at the time cad place of any prev a sly sebedaled dale. Leader or its daigen Bray purchase the <br />Property at my auk. <br />Upon receipt of paysseat of the price bid. Trustee dull deliver to the parcisser Trustee's deed conveying the <br />Property. Mw recitals is the Trustees deed shall be prim fade evidattae of the oath of the statements atade tberein. <br />Tracer of ell apply the proceeds of tlee sale i• the folkwisg adder: (a) geall eaptaaa of the asle faclsdiag, but sot Baited <br />to, Trsetee'e fees sa persaittsd by appUcabk law and cerium** shorwW fees; (b) to all arnn deeMred by fhb Security <br />Iadtnsa - and (c) my excess to the person or pendsa koft eafidedto it. <br />20. Leader in Possession. Upon acceleration under paragraph 19 or abandonment of the Property. Lender (in <br />person, by agent or by judicially appointed receiver) shalt 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 Lander 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, rcceiver'st fem premiums on receiver's bonds and reasonable attorneys' fen, and then to the sums secured by <br />this Security Instrument. s <br />21.8econveyssde. Upon payment of all surds 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 i. <br />instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or person <br />legally entitled to it. Such mrson or persons sbdi pay SnY recordation coats. <br />22. Srbatitute Ttwtee. 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 />wes3f^�,r; =r% -r #nm of the P_*spe_•ty. the stn xa nr inures shall succeed to all the title. flower and duties conferred upon - _ _- <br />Trustee herein and by applicable law. _ <br />23. Regaat for Netim 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 rho Seewrity IastraarsL If one or more ridersamtzecutedcry, Borrower and recorded together with <br />this Security instrument. the covenants and agreements of each such rider shall be f=orporated 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 qpr <br />Q Others) [specify) Acknowledgement : <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and'. covenants comained in this Security <br />Instrument and in any riders) executed by Borrower and recorded with it. <br />......Lf�.. �� ......................... ��%� .'. •..... .. ............................. (Seal) <br />• <br />Maynaj3 A. Lif <br />marilycPM. Lif — b"aw' <br />......................................................... ............................... ........... • - -- •--........................ ............................... .........(Sal) <br />STATE OF NEBRASKA. Hall County ss: <br />On this 21 day of July .19 89, before me. the undersigned. a Notary Public <br />duly commissioned and qualified for said county, personally came Maynard A. Lif and harilyrt <br />M. Lif , Husband and wife . to me known to be the <br />identical persons) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be their voluntary act and deed. <br />Witness my hand and notarial seat at Grand Island, Nebraska in said county, the <br />date aforesaid. <br />L ,ty Comnisian expires: Up1J111►stttt et 1� ... �..� : <br />............... . <br />t;HBli1 <br />DEOWX Wt L Kt %utaty Pubht <br />le tb+ S "T <br />FOR RECONVEYANCE A <br />Tt► rntt ,Ili <br />l tw tat. derrtl;ttcd :; the holder of the note or notes secured by this teed of i r L,+t Said note or note%, rogoher w, -• <br />with :ill • :hc ttdehtcJn�i%%ecured by this Deed of Truer, h3ce hcen r31d m toil 1 0+!, ar: here!+% cltte,reJ it ,•.tt.. 0 •dkf <br />t .,te ,, r. an,J rti•a 1leesf of (ru'.t. c:ht4h are clelr.ereSf hcr;•h., .. }ru ;" t . '..,7hi +u! aarrat +t:, .iii fit +.�J" <br />t:• a +:e... a,. ., ti .c:Jtr th . 1)crtl •f !ru•,t tit tl'.e Pcr;, + :t w rent, It c•pa:i: r:r, ti.., r7r, <br />