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90-10 01 fe'N
<br />Nt)N•UNIF(3RM COVENANTS Borrower and Lender further Covenant and agree as follows:
<br />19. Acceleration; Rome". Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />htwch of my covenant or agreement U this Security Instrument Out not prior to acceleration under pangrapbs 13 and 17
<br />unless applicable Is* providee otherwise). The notice shall specify: (a) the default; (b) the action required to curs the
<br />dNattltt (c) a date, not lees than 30 days from the date the notice is given to Borrower. by which the default out be cured;
<br />said (d) that failure to care the default on or before the date specified In the notice may result in Accelaration of the bum
<br />soared by this Security lastrumest said ask of the Property. The notice shall further Inform Borrower of the right to
<br />relastate after seceteraden and the right to bring a court sedan to assert the nonexistence of a default or any other
<br />ddWm 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 immediate payment in full of all mine secured by this Security Instrument without further
<br />destand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses Incurred in pursuing the remedies provided in this paragraph 19, includingi, but not limited to,
<br />resemble mble attorneys• fen and costs of title evhkaee,
<br />It the power of sale Is invoked, Trustee shall record a notice of default in each county in which say part of the
<br />Property is located and shall mall copies of such mike is the maeser prescribed by applicable low to Borrower and to the
<br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of
<br />ask to the persess and in the spanner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale In
<br />one ornsore parcelsasd in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public aasouscetsest at the time and place of any previously scheduled sale. Lender or its designee slay purchase the
<br />Property at say 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 fit toe statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: Im to all expenses of the sale. including, but not limited
<br />to, Trustee's feet m permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragrati b 10 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 resat; 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, 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 />21. Reeonveyonee. Upon payment of all sums secured by this Securty 1 nstrument, Lender shall request Trustee to
<br />reeonvey 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 ix. Such person or persons shall pay any recordation costs. I
<br />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee L "
<br />to any Trustee appointed hereunder by an instrument recorded In the county in which this Security Instrument is recorded. 1�
<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 copies of the notices of default and sale be sent to Borrower's
<br />address which is taws Property Address. _
<br />24. Riders u this Security Instraintent. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each,. itch rider shall he incorporated into and shall amend and tau
<br />supplement the covenants and agreements of this Security Instrument its if the nder(s) were a part of this Security
<br />Instrument. (Cheek applicable box(es))
<br />• ❑ Adjusiable Rate Rider ❑ Condominium )tiler 71 2-4 Family Rider _
<br />❑ Graduated Payment Rider ❑ Planned U=nit Developmem Rider
<br />® Other(s) [specify] Acknowl- acgment ,
<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 />B -U �Ccnpanv- ner hip
<br />Rm-lald R Vonderohe, enerai"Pi itner -e(ormw
<br />"� .1..e.... �, . ...... .. ..................... Seal
<br />"Glenn R W3.l.son, D2 a �ertner m - - — aot.owe
<br />Ilan D Bish, General Partner
<br />STATE OF NEBRASKA, Hall Count) ss:
<br />On this 20th day of September 1990 . helore nie, the undenigned, a Notary Public
<br />duly commissioned and qualified for +aid county, per%mially carte Ronald R. Vonderohe and Milan D.
<br />Bish, General Partners of B -V -W COMPANY, A PARTNERSHIP , to me known to be the
<br />identical person(s) whose name(sl are %uhwrihed to the lorep.moe inurument and acknowledged the execution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the
<br />date aforesaid.
<br />My Commission cupric'. " "� c r
<br />L
<br />(reARMOL rlNafift 1f mob
<br />:ApD6tAOMRLQUI•Sl l-0R Rl etc ^'.� I 1 bws E* Jam 30.1!93 tq
<br />The undersigned N the holder tit the nets of nose-- woiv rd h% thi% Deed %it It im said r.or, -•r rr . r,ntciher tC
<br />with all other ,ndebtedlne %% %cctired h% I N% (ked alt I t U ^I , ha%1• licen p.id in t till N oti m e het ch% direocki io - -iikel %aid
<br />note or note% and div. I)eed oI I itw, ►tr k101%elc',I I r t ^. .,nd r.. ti•,.�n�c ^, ., h•• II ^�.ilr.ull�, .01 ftw Cotall
<br />now held he %ou undei thv- I)eed oI I tt1N Io tht, Vk,1% 0101 14'1•. 11• li 1'dll� "1t IIIC1 III •'1 1.
<br />Uate:
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