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%V 106956 <br />140N. Mt-ow COVIDIANTS. Borrower and Lender further covenant and agree as folio"! <br />19. Aoaleration; ReNWIW , Iwmdsr skali 41re Notice to Harrower prior to aocelerstlon following norrower's <br />break deny coven" or mpaawNwt In We Security lastrusseet (Int not prior to se ctlerstION Naukr paragraph 13 and 17 <br />Nn1ees appllcokk law provides otherwine). The "tike shall speelty: (e) the default; (b) the action required to cure the <br />detselt; let a date, act hw them 30 days from the date the notloe is given to Borrower, by which the default must be cured; <br />lead (d) that (snare to care the defaull on or before the date specified in the notice may result IN mciemtion of the sums t swmpd reinstatebafter aeoekeraaiioN fright ttooabring court matt, Tonto assert th 1 "ON-e isteme Of 8 ddefault orksayygOther <br />defense of Borrower to selederatiom and sale, if the default is Not cured on or before the date specified IN the notice, Lender <br />at its option my require Immedlate paymmett to full of all sums secured by this Security lastm memt without further <br />demand and may Invoke the power of sale and say other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred in pursuing Ow remedies prodded to this paragraph 19, ineludlnl: but not limited to. <br />reasonable attorneys' fees and Costa of title evidence. <br />if the power of sale Is Invoked, Trustee abtdl record a notice of default In each county In which any part of the <br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law 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 />sale to the persona and In the manner 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 is <br />pie or more pareeb and in say order Trustee determines. Tnutee my postpone ads of all or any parcel of the Property by <br />public sanouoement at the time and place of say previously maledWW sale. Lender or its dedgmee may purchase the <br />Property at any Sale. <br />Upon receipt of payment of the price bid. Trustee shalli deliver to the purchaser Trustees deed conveying the <br />Property. The recitsla in the Trwan'a deed sltuull be prisms facie evideaae of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale Is the following order. (a) to all expenses of the sale. including, but not limited <br />to. Trustee's fees as permitted by spokable law mad reawnstlik attomeyse fees; (b) to all soars secured by this Security <br />iastrument; and (e) say excess to the person or persons legally entitled 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 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 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. Reconveyance. Upon payment of all sums secured by this Security Instrument. Lender shall request Trustee to <br />reconvey 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 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 hereundtr 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 Borrower's <br />address which is the Properly 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 rider(s) were a pan of this Security <br />Instrument. [Check applicable box(ts)] <br />❑ Adjustable Rate Rider [j Condominium Rider ❑ 2-4 Family Rider <br />n Graduated Payment hider ❑ Planned Unit Development Rider <br />❑ Other(s) Ispecify] <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 recorOs4gvith it. <br />r... * ...-r:........(Seal) <br />Eug6he A. Stadler <br />_ .�.. `.�.Y'!... (Seal) <br />— bOR10WN <br />Ardys W Stadler <br />STATE QI• NI'BRASKA, Hall +1ltnty s%: <br />On this 4th Jay of December .14 g0 , before tile, tt.: i Now— Puhh, <br />duly commissioned and qualifies for said county, persuna:,} came Eugene A. Staetler and Ardys M. Stadler, <br />each in his and her owes right and as spouse of each other , to me kno %n io he :r,: <br />identical person(') %hose namms) are sut•scnhed to the foregoine instrument and acknot %le dprd the c%ccuuon <br />!h__r_r_n_nr In he their 1.01untan act and deed <br />Witness my hand and norsrtal .cal :tt Grand Island, Nebraska ut said "' °rus, the <br />date aforesaid. <br />Commission expires <br />��.. ................. <br />�IM JL lM RLQUl'ST FOR RECONYI:YANCL• <br />To TRV5ti <br />The undersigned is the holder tit the note or notes secured hs this Decd of Rust. Said Mute or notes, togclhct <br />with all other indcbtcdncs. secured by this Decd ut Trust, hme been laid in Lull. You arc hcrchy dirccttd to anneal s:nJ <br />note or notes and this Dead ot• Trust, which are delkercd hctchy, and to tcconsc%, %ilhuut ss;trrant%. all the astute <br />no% held by you under Ili. Decd tit Trust al ilia liaison or eosins legal1% cn1lticd overdo. <br />Datc: ... . . . .- . -- ...... ..... . <br />s: <br />MR&- M: V-Mmk�!: V <br />277=- <br />T1.4. <br />I w . <br />TI <br />