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:.rr< t- �baura ,t. -�rr�.r. �.f.`fVIS;`li :' -VV .}+t. t��Jtl' �'iii'c ,�iL �i.ri :� .� ..iy t11,. 1•i. •. �•! - - - - -� - — - - -- _"al r�iSV 7rd+iittt: tl;irrlt <br />jpp <br />tt j'VV t V L r1, <br />.v. tom; -Stu rt(r.k t r lt�U 7 {� tit. f t..f•'� - -- <br />i. . <br />NON•UNIFOI&M COVENANTS• Borrower and Lender Iltrther covenant and agree ns follow <br />10075' <br />19. Accelemtlou; Remedies. Lender shall give tsotiee to Borrower prior to acceleration foll"W Borrower's <br />bract of say covenant or agreement in this Security Instrumeat (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise). The notice shall speclb: (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 b given to Borrower, by whkb the default must be cured: <br />and (d) that failure to cure the default on or before the date specified in the notice may result in accelentfon of the sum <br />secured by this Security Instrument and sale of the Property. The notice shall further Inform Borrower of the right to <br />reinstate after acceleration snd the right to bring a court action to assert the nowettisteace of a default or any other <br />defense of Borrower to amieratroa 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 pisyrrteat is full of all suss secured by this Security Instrument without further <br />dau W 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. Including; but not limited to. <br />reasonable attorneys• fees and costs of title evidence. <br />If the power of ask Is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall nail copies of such notice in the manner prescribed by applicable law to Borrower and trr the <br />other persons prescribed by applicable law. After fife tare rrqulred by applicable lar., Trustee sh-01 give public Prifice of <br />sale to the persons and in the manner prescribed: by applicahte law. Trustee, without demand on Borrower, shall sell the <br />Property at public suction to the highest bidder at tite time rrntf prace and under the terms designated in the notice of sale In <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of aH or any palest of the Property by <br />public announcement at the time• 9114 place of any previousty scheduled sale. Lender or its designee may purchase the <br />Property at any sate. <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 stroll be prima facie evidence eC the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the railowing order. (a) to all expenses of the sale. Including, but not limited <br />to, Trustee's fees as permitted by applicable taw and reasonable attorneys• fees; (b) to all sums secured by this Security <br />Instrument; aid (c) any excess to the person or persons legally ewlf ➢ed to It. <br />20, Lender 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 artd manage the <br />Property and to collect the rents of the Propemy, 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. Reeonveyanee. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Properly 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 />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 copies of the notices of default and sale be sent to Bor'rower's <br />address which is the Property Address. <br />24. Riders 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 />supplement the covenants and agreements of this Security Instrument as if the riders) were a part of this Security <br />Instrument. (Check applicable box(es)] <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider <br />❑ Graduated Payment Rider J Planned Unit Development Rider <br />❑ Other(s) [specify] <br />BY SI INiNG BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(o executed by Borrower and recorded with it. <br />STATE OF NEBRASKA, <br />``... '..!....: ............. (Seal) <br />-- Borrower <br />o n K. MayeV <br />/� .s:....�.....r..�.�.... .................... (Seal) Bomower <br />visa R. Mayer <br />Hall County +s: <br />On this 26.tft pia% of ij::rrember 19 90 , bn.are true, rile undersigned, a Notary Public <br />duly commissional.i :^t rZu:: LIi. rSetiEt7 *saEci%'tE1 :oCt,personall%came John. K. Mayer and Lisa R. Mayer, each <br />in his and her own rigtit; and as spouse of each other tom; me known to be the <br />identical person(s) %%hose n2m -e( %) are subscribed to rile foregoing instrument and• ackrowlrr�kacd the c-,ccution <br />thereof to be their voluntary act and deed.. <br />Witness my hand acid nomrial seal at Grand Island, Nebraska in said county, the <br />date aforesaid. <br />My Commission expires:, <br />selulit 1ofARlr4lsle sf iWgb , �-T-<< .. .. �/.S� .............. I ..... . <br />Noian I <br />SHEILAIALDER REQUEST FOR REC'ONVI YANG <br />IMIr tesfra. Fxp. iMa b 199E <br />To 14RA't'EF: <br />The undersigned is the holder of the note car note% wcured h% this Decd of Tnnt. Said note ill note %, torctlier <br />with all other indebtedness % cuured by this Decd of Trust. ha%c hccn paid in full. You are hcrch% directed io cancel .aid <br />note or notes and this Deed of Trust, which are dcli%crcd hcreb%, and to tec nr%c% without %%arrant%, all the c %talc <br />now held by you under this Deed of Trust to the person or pet%on% legalh entitled thereto. <br />Date: .................... ............................... ..... <br />I <br />i <br />E <br />1 <br />I <br />k <br />1 <br />s <br />l <br />•'.'. t,.fa . <br />h`, (lull• — <br />• . it <br />�h <br />t. <br />