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<br />gorr 106460
<br />NONUNIFORM COVENAN*M Borrower and Lender tluthe? covenant and agree as follows=
<br />1!. Aeeeleraties; Remedin. Leader shall give notice to Borrower prior to wceleratk%d fo)lowisg Borrower's
<br />brsaci of soy coves ask or agreewest in this Security Isntrraeet (but not prior to ncceleratioa under parAggrapha 13 and 17
<br />rlmlaaa appileMe law provider; otborwlae). Tin 00tle0 aha11$Wfjr: (2) the default; (b) the action required to cure the
<br />datamtt; (c) a dafiA not less thsa 30 days from the date the notice Is gives to Borrower, by which the default must be cured;
<br />and (U that (Ware to care the dehalt ON or before the date specifW is The notice aasy mutt is SmItuttow of the sums
<br />snared by this Security Istrumtewt and air of the Property. Thee notice shah further inform Borrower of the r1shit to
<br />reimWe alter seeekratios and the right to bring a court actim to Resent the noe-existence of a default or any other
<br />dsfease of Borrower to settleraticn and oak. If the dehalt to not cured on or before the date specified in the notice, Lender
<br />at iI* optios many regstre immediate psytaeat is tall of all sums secured by this Security Instrument without further
<br />demand and any lavoke the power of sate and say other mudiea permitted by appikable law. leader shalt be entitled to
<br />collect all tapes" incurred Is pursuing the noodles provided is this p nitraph 19, Including, but not limited to,
<br />reasosable attorneys' feet and costa of title evidence.
<br />U the power of sale it invoked, Trustee shall record a notice of default is each county in which any put of the
<br />Property is located and stall naa copies of such notice is the ntaawer prescribed by applicable law to Harrower and to the
<br />Wier persons prescribed by spplicabie law. After the dme required by applicable law, Trustee shall give public notice of
<br />ale to the persons and in the mmester prescribed by sPoltmble law. Trustee, without demand on Borrower, $bull x11 the
<br />Property at public auctloa to the blgh+est bidder at the time sad place and under the terse designated In the notice of sale is
<br />am w acre parcels ad in any order Trustee determines. Trustee nssy postglose sale of all or any parcel of the Property by
<br />public announcement at the d= and place of agy Previously sebedrsledr sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of paymtamt of the price bid, Trustee shall deliver to the purchaser Trustee's deed comveyfug the
<br />Preiierpr. The recitals in the Trtstee's deed d wH be pram facie evfdace of the truth of the statements trade therein.
<br />Trustee shill apply the #me(&. of the sale Is the foUowlagp order. (a) to all expenses of the sale, including, but not flmited
<br />to. Trustee's fees as permiftedl by applicable law mid rMoubte attorneys' fees; (b) to sit sums secured by this Security
<br />Ihsb=aeat; sad (c) say excesm fp the person or persona lep &y entitled to it.
<br />20. Leader to Possessfan. Upon acceleration under paragraph 19 or abandonment of the Property, II.ender (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 cvAs of management of the Property and collection of rents. including, but not
<br />limited to, receiver's fees, rrmmbams on r celgees bonds acrd reasonable attorneys' fees, and then to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyawce. Upon pa)-ment: r*aU sutras secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Pwptn, md srhan], 1,cniztexnd er iZz Security instrument and all notes evidencing debt secured by this Security
<br />Instrument to True ae. lfrw,;x.e 4Wt rmnyef 17zn Property without wrarranty and without charge to the person or persons
<br />legally entitled tai . So d t pew-n- roe persons s?rall pay any recordation costs.
<br />22. Subttitafa Twee 1Lr =der, at its option, may fo,v m time to time remove TrusA:e and appoint a successor rxvstee
<br />to any Trustee appoi>T. d i zer,m- order by an instrument recoc4ad in the county in which this Security Instrument is M-13yded.
<br />Without Property, the successor trustee shall succea to all the title, power and duties confer:nxi upon
<br />Trustee herein ead 15, r applicable law.
<br />23. Reques : hr N -Odom Borrower requests that copies of tt, a nalices of default and sale be smt to Dermwer's
<br />address which is the Pmpeei:l; Aria *ress.
<br />24. Riders to this Socma-Istg Instrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the c -k enants and agreements of each such rider shall be incorporated into and shall amend and
<br />supplement the covenants acid 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 Raeder ❑ Condominium Rider ❑ 2-4 Family Rider
<br />Graduated Payment Rider ❑ Planned lint Development Rider
<br />OtEtec(s) [Specify]
<br />VA GUARANTEED Lied' RIDER,
<br />RIDER TO MORTGAGFIDEED OF IrRUST -VA
<br />BY SIGNING BELOU.'. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider6,sA executed by Borrower and recorded with it.
<br />t(BORROWER FURTHER REQUESTS THAT 4
<br />COPIES OF THE NOTICE OF DEFAULT C-. o j .......................(Seal)
<br />b NOTICE OF SALE BE SENT TO EACH JAMES A.SMIT
<br />PERSON WHO IS A PARTY HERETO AT J�
<br />THE ADDRESS OF SUCK PERSONS SET �, r.S. �L�, �` . �1 F 1 / .................(:Seal)
<br />......CHERYL ...5 I•YH .......................... .
<br />FORTH HEREIN.
<br />(spece teiew This Um For AcknowWdvnem)
<br />STATE OF ..... NEBRASKA................
<br />j
<br />COUNTY OF ..... rL.., ....................
<br />a Notary Public In and roc s� o. ---; and st:ai:e do hereby re<vfy that
<br />personaIir ar.earo
<br />r e °. °�p�rr•r e.t�.rrE�{� use�r>A _............. .
<br />Le(a.re me grid rs (" eJ l.cr�xit ar prrrcd eo re to be the gc:Q who , emg to orm � t the a�ntents of the foregoinE
<br />hVe executed ;ame, and eckao%fl.adged said instremerLt 173:1`1_ ....t he r' . • • • • • • ... ere: and voluntary act and deoi •wzi: 1Cai,
<br />(his, her, their)
<br />b(;y.
<br />.............. executed said instrument for the purposes and uses therein set forth.
<br />(he, she, they)
<br />7th NGVember 191. 90
<br />WItness my hand and official seal this .............................. day of ... .............................., .....
<br />My Commission Expires: JULY 30, 1994
<br />�K Il1Ilf illh r trolb ..::.. '' L tCc. Jl..: •..: � :............... ?
<br />tiOMlal -It@b Notary Public
<br />• gl E1rm1t tan 1Mt'Ji,1t1M
<br />This instrument was prepared by...... COLUMBUS ,FEDERAL „SAVINGS• BANK , , , , , •
<br />44771
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