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89= i03999
<br />NONUNIFORM COVENAN11. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. I.Rnder shall giive notice to Borrower prior to acceleration following Borrower's
<br />breach of say covenant or agreent"t in His Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />uslean applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />j" d efs01t; (c) a dale, ad less than 30 days horn the date the notice is given to Borrower, by which the default trust be cured;
<br />f{ an d (d) beat fWimre to cure tine dkfavi on er before the date specified in the notice say rewk in aecekntion of the wags
<br />saswred by this Seeaft Instrument mad ee k of the Property. The notice shall fVtrtber inform Borrower of the right to
<br />relastafo after sombeslicia and the right to bring a court action to assert the twn-exidenee of a default or any other
<br />dlfbndts of Derrower to acceleration and trek. If the defitttltInset cured oa or before the date specified in the notice, Leader
<br />at its eptiea may require immediate pmymseat Is 11011 of sit attars secured by this Security Instrument without further
<br />demand mad army Iavokie the power of sak and any other rase ies permitted by applicable law. Lender shall be entitled to
<br />collect On expense incurred in pasting the remedies provided In this paragraph 19, including; but not limited to,
<br />femme" attorneys' Bees and costs of title evidence.
<br />It the power of sale is invoked, Tmetee shall record a notice of default in each county in which any part of the
<br />Property Is 1orated and shalt mail copies of such notice in the samser prescribed by applicable law to Borrower and to the
<br />othr r pdtdraesa prescribed by applicable law. After the time required by applicable law, Trustee "give public notice of
<br />sale to the pdtrsoas mud in the sander prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public auction to the bidwd bNiiar at the blue and place and under the terms designated.fAMe notice of ask in
<br />one or !more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel• of the Property by
<br />public susosacemeat at the time aad place of any previously w*wduled ale. Lender or Its designee may purdrnae 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 Is the Trastee's deed shall be prime facie evidence of the truth of the statements made therein.
<br />Trustee WWI apply the proceeds of the sale in the following order: (a) to all expenses of the sae, including but not limited
<br />to, Trustee's Goa as permitted by applicable law and reasonable attorneys' fees; (b) to all suss secured by this Security
<br />Itstrumd:at; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lauder In Possession. Upon acceleration under 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 to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Property and collection of rents, includint, but not
<br />limited to, receiver's Cedm premiums on receiver's bonds and.reasonable attorneys' fees, and then to the sums secured by.
<br />this Security Instruments.
<br />21. Recoaveysmice Upon payment of all sums secured by this Security Instrument, Leander shall request Trustee to -
<br />reconvey 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 />=yaist(tste 11r11aft. Lender, at its option, may from time to time remove Trustee and appoint a successor truster - - - -
<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 />Truest --! emin nnd by apYlirb!s -
<br />I 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: Rid ere 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 />suppkmta(t.. the covenants and agreements of this Security Instrument as if the rider(.!) were a part of this Security
<br />Insttutnt4 C tChheck applicable box(es)]
<br />❑ hldjustok " Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider
<br />❑ Graduated Payment Rider ❑ Planned Unit Development —MET
<br />0'0the:r(s) Lspecify]
<br />t
<br />BY SIGNING 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 />. ............................... ... ................................................. .. ................ - ....... .(Seal)
<br />Larryy' Thorn "n «mww
<br />...................... .............................. .................. . .................... ./. .(Seal) .. :
<br />f Barbara L. Thornton - 6orrowr
<br />"STATE OF NEB RASKA. Ball County ss:
<br />On this 31st day of July .19 89 , before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Larry W. Thornton and Barbara L. -- - -�
<br />Thornton, each in his and her own right, and as spouse of each othetto me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowIcdged the e>;cYution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island Nebraska in %aid county, the 1
<br />date aforesaid. 7 '
<br />LMy Commission expires:
<br />IIIi&NU
<br />� L A Elt UES,T i- it (. VI YAN(T
<br />Yet iKl Std. _
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