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<br />90-105752
<br />NoN•UNIFt)RM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Retuedies. Lender shall glee notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or sgreemtent in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />Malay applicable law provides oderwbe). The notice "I 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 in given to Borrower, by which the default most be cured;
<br />said (d) that failure to cum the default on or before tke date specified in the notice may result in acceleration of the sums
<br />secured by tbia Security Instrument atnd sale of the Property. The notice shall further Inform Borrower of the right to
<br />reinstate after weleleration and tie tight 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 optlea my require immediate payment in tall of all sums secured by this Security Instrument without further
<br />demand and may invoke the power of sde and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses Incurred in pursaiag the remedies provided in this paragraph 19, including; but asst limited to.
<br />reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale Is iavohed, Trustee shall record a notice of default in each county is wbkb any part of the
<br />Property Is located and absH wail capks of such notice in the moaner prescribed by applicable law to Borrower anti to the
<br />other persons prescribed by applicable Aar. After the time required by applicable law. Trustee shall givee public notice of
<br />sale to the persons and In the auniuser prescribed by applicable law. Trustee. witboist demand on Borrower. shall sell the
<br />Property at public aactiom to the higher. bit ter at t! - time a A glace or t under the terms designated in the notice of sale in
<br />one or am parcels and is say order Trustee determines. Trustee my pwtpone sale of all or say parcel of the Property by
<br />public annosaceutent at the tine asad place of say previously schedulled sale. leader or its tdesignee may purchase the
<br />Property at any sale,
<br />1 Upon receipt of payateat of the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Prowtitty. The recitals in the Ta•ttstee's deed shall be prholi l 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 ale, including, but not limited
<br />l to. Trustee's fees as permitted by applicable law and reasonable attorneys' fees; Ibl to all sums secured by this Security
<br />laatnaaemt; and (c) say excess to the person or persons legally entitled to it.
<br />20. Lender in Possessi ilit, Upon acceleration under paragraph IQ or abandonment of the Property, Lender (in
<br />1 person, by agent or by judicial!), appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />j Property and to codiect the rents of the Property including those past due. Any renis cullc twit by Lcudef or the receiver
<br />shall be applied lirxtt to payment of the costs of management of the Property and collection n 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 Somirity instrument.
<br />21. Reconveyanee, Upon payment of all sums awls %d by this Security Instrument, Lendvr shalt request Trustee to
<br />reconvey the Properly and shall surrender this Security Instrument and all notes evidencing debt secured h) this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without chuc,.•; 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 instrument recorded in the county in which this Security Instrument is recorded.
<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 popies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address. `
<br />34. Riders to this Security instrument. If one or r:-: cite riders are executed b+ Borrower and recorded together with � I
<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 or this Security Instrument as if the rider(%) went a part of this Security
<br />iInstrument. [Check applicablebox(es))
<br />_ ❑ Adjustable Rate Rider ❑ Condominium Rider td] 2-4 Family Rider
<br />❑ Gradu aced Payment Rider ❑ Planned Unit Development Rider
<br />rj Otherts) specify]
<br />tr Vii` —_
<br />BY SIGNING BELOW. Borrower accepts and Iiegrees to the terms and covenants contained in ibis Security
<br />Instrumment and to any rider(s) executed by Borrower and recorded with it. al':
<br />................•••..•.•..•,...•••,.•••.•.. ................... ............ ,.... .!!A;0?. 4 ... !?r?�.�........ ............. (Seal)
<br />Allen R. Gross ff �l —�►
<br />.r. �d:�..........
<br />Debbie L. Gross —►
<br />STATt of- Ni nR kSKA, Ha 11 It Ivllnrc •,..
<br />On this 5th day tit October , 19 90 , MOP%' nl:, rh. e,n,tclstKncdl• .t Nol,u+
<br />duly commissioned and qualified for std county, rrrmnialh .ainv Al len R. Gross and Debbie L.
<br />-
<br />Gross, each in his and her own right and as spouse of leach other . it, Inv Allt/++u to lie rat:
<br />identical petwos) +show natnds) arc suhwrihrdi to the towpomg ursuumcttt .Ind, a.Attotslcdg%:d the :sr.uu.+n
<br />thereof to hr their +dsluntaty act std dlcrdl.
<br />Witness m) hand and notarial seal at Grand i6land� Nebraska he
<br />date aforesaid.
<br />My Contnllssaon c.rllr•.
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