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r I 89-- 1011107 NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement In this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in acceknthm of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after accelerstloo and the right to bring a court action to assert the spin- existastee of a default or any other defense of Borrower to acederatlea and sale. If the default is not cured on or before the date specified In the notice, Leader at its option may require immediate payment in fall of all aunts secured by this Security Instrument without fWther demmad sad way invoke the power of sale and any other remedies permitted by applicable law. Leader shall be entitkd to u:tdku:t all expenses Incurred in pursuing the remedies provided In this paragraph 19, including; but not limited t0. reme"ble attorneys' fen and costs of title evidence. If the power of sak Is invoked, Trustee shall record a notice of default in each county In which any part of the Property Is located and shall assail copies of such notice in the manner prescribed by applicable law to Borrower and to the outer persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of ode to the persons and in the manner prescrfbed by applicable law. Trustee, without demand on Borrower, shall ad) the Property at public auction to the highest bids r. at the time and place and under the term desigaatid in the notice of sale in one or more parcels and in any order Trusteedetiermiaes. Trustee may postpone sale of all or my parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its dedgm may purchase the Property at any »k. Upon receipt of payment of the price grid, Trustee shall deliver to the purchaser Trustee's deed conveying the Prop". The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale In the following order, (a) to all expenses of the sale, including,.b0t not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by, this Security Inatrroaent; and (c) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph t9 or abandonment of the Property, Lender #a person. by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past'due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and ti.i wto the sums secured lr5 this Security Instrument. 21. Recoaveyance. Upon: payment of all sums secured by this Security Instrument, Leudder'shall request Trustee to reconvey the Property and shall. surrtttder this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee: Trustee-simll reconvey the Property without warranty and without charge to the peiscrt or persons levally entitled tnjt_ Strrfi. re's e. cir persona shall nay any recordation coals 22. Substitute Trustec Lender, at its option, may from tune to time remove Trustee and appoint a successor trustee• to any Trustee appointed hereunder by an instrument recorded in the county in which. this Security Instrument is recorde& Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties Conferred upon Trustee herein and by applicable law. 23. Request for Notion. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. Riders to this Security Insbuument. If one or more riders are gaecutedtlzyr Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall: be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrumenm as-if the rider(s) were a part of this Security. Instrument. [Check applicable box(es)) ❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider ❑ Graduated Payment * Hider ❑ Planned Unit (Development Rider ❑ Other(s) [specify] BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. ......................................................... ............................... la ttomps..n ..area.... .................... . . .......... ........................... ............................... ... .. ....... .......... eal) Mildred I. Thompson --o►owu STATE OF NEBRASKA, Hall County ss: On this 13th day of July . 19 89 . before me, the undersigned, a Notary Public duly commissioned and qualified for said county, personally came Wallace C. Thompson and Mildred I . Thompson, each in his and her own right and as spouse of each other to me known to be the identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be their voluntary act and deed. Witness my hand and notarial seal at Grand Island, Nebraska in said county. the date aforesaid. i %% %% i M Co #�� L �A, GER Mr tlttsw Est Jane 20.1991 To TRUSTEE: REQUEST The undersigned is the holder of the Mote or notes secured by this Deed of *Iruo. %md mute tit notes. Ineclbct with all other indebtedness secured by this Deed of Trust, ha.c been haul to full. You .ui beach+ dirckictl io,a i.cl .,Lid note or notes and thus Decd of 'Inust, %%bich atc dcloctcd hcrehr, and 14) tt +punt+, ++r1luOut + +, +tr.tnt+, all the C-i.uL now held by you under this Decd of Irua to the bosun tie per.tms lceall% vniolctt tlicid- Date: C