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n Ia. ` 90- 1068ALIR NON- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Fotrech mre Procedure. If Deader requires immediate pSytsaent In fop under pan=raph 9. Leader may Invoke the power 01 sub a" The reressedies under this paragraph 17, aclodl�ba not.111101 end tom, entitled to collect W altoraey fees tad cosincurred f In pwsalft evkleaee. If the power of sale h Invoked, Tmate shag retard a notice of default In each cooaly In which say Pad of The Property b bated and shag nsmil copies of such aolice in The maaaer prescribed by applicakle law 10 Borrower sad To Ike other P"W" prescribed by applicable law. After the time required by applicable law. Trustee sball give public notice of sale to Ike person Std V the maaaer prescribed by applicable law. Trustee. without dewmW oa Borrower, sWap sell the Property at Pubpe aurclion to the bighed bidder at the lime and place and under the terms desipated la the souks of sale la age or more pSnehs and IN say order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public sononocemml at the lime mad plate of any previously scheduled ask. Leader or Its designee may purchase the Property at Say sal. Upar receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dad conveying the Property. VA ee t& in the Trastee's deed shall be prima rack evidence of be bulb of the statements made therein. Trustee shall apply the ismirleds of the sob Is Ibe following order: (a) to all expenses of the sale, including, but not "Wiled to. Trustee's fees ss persaIda by applicable low and reasoaaW attorneys' fees: (b) to all sums secured by this Security lmurumsali sad (c) may excess to the poses or persons hrpgy ealilled b it. IS. Recoaveyaaee. Upon payment of an sums secured by this Security Instrument, Lender shall request Trusts to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 19. Substitute Trustee. Lender, at its option. may from time to time rem ave Trustee and appoint a successor trustee to any Trustee appointed hereunder by ace. instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the suwcUar trustee shall succeed To all the title, power and duties conferred upon Trustee herein and by applicable law. 20. Request for Notices. Borrower requests e`aat copies of the notices a$ default and sale be sent to (Borrower's addrtss J which is the Property Address. "Borrower further requests that copies of the notices of default and sale be seat to the person _ set forth herein." Acceleration Clause. Borrower agrees that should this Security Instrument and the note secured thereby not be eligible for insurance under the National Housing Act within 60 days from the date hereof. Lender may, at its option and notwithstanding anything in Paragraph 9. require immediate payment in full of all sums secured by this Security Instrument. A written statement of any authorized agent of the Secretor y dated subsequent to 60 days from the date hereof, declining to irusure this Security Instrument and the note secured thereby, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this t+rtion may not be exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a moripage insurance premium to the secretary. Riders to this Security Instrument. If one or more riders are execu%ad by Borrower and recorded together with this Security Instrument, the covenants of each such rimer shall be incorporated into and shall amend and supprgment the covenants and agreements of this Security Instrument as if the rider(s) were in a pan of this Security Instrument. [Check applicable box(es)J JCondominium Rider M Adjustable Rate Rider 0 Growing Equity Rider Planned Unit Development Rider El Graduated Payment Rider la Other Mortgage Addendum BY SIGNING BELOW. Borrower accepts and agrees to the terms contained in this Security Instrument and in any mider(s) executed by Borrower and recorded with it. Witnesses: la( p/ (Seal) Lawrence L. Holmes - Borrower _(Seal) - Borrower (Seal) (Seal) •�Fro�rc�wer - aorrouer Page J u/ J ACKNOWLEDGMENT 1 /We. Lawrence L. Holmes, an unmarried person , ( "Trustor "). under that certain Deed of Trust dated November 30, 1990 . ( "Deed of Trust-1 to be entered into among Trustor, Commercial Federal Bank, A Feederal Savings Bank . ( "Trustee ") and The OverLanu National Bank of Grand IsLard (" Ben1L° ciary") covering the following described property: LEGAL DESCRIPTION: Lot One (1), in Block Thirteen (13), in Scarff is addition to West Lawn, in the City of Grand Island, Hall County, tietraska. hereby acknowledge that it is understood that (a) the Decd of T -tar lobe executed by Trustor is a trust deed and not a mortgage _. T- .........:.4.0 sal .tanriatty different rights and obligations to the Trustor and (b) the power ofsaie provided our iii iii( ..{ZY V, .,...., r......__ _- - - - -•- than a mortgage in the event of a default of breach of obligation. Trustor Acknowledges that this Acknowledgment was made prior ro the execution of the Deed of Trust. Executed and delivered this 30th day of November • 19 90 Trustor Tro%ror Lawrence L. Holmes state of Nebraska. Hall Count► ss: The foregoing instrument was acknowledged before me this 30th day of. November .1990 by Lawrence L. Holmes, an unmarried person ' Witness my hand and notarial seal atem.' a in said ('aunty. the date aforesaid. My commission ctpirc.: )Z;`" � �e (�% tnr„