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90-- 107254
<br />Now-UNIFORM COVENANTS. Borrowerand Lender furthercovenant and agree as followst
<br />19. Accalwatioai Reneges, lwadar slap give mutke to Burrower prior to acceleration following Borrowees
<br />breach of say coveaat or agrseseall Is tide Set:nrity leatrm ent that not prior to Keekradoa Oder paragraphs 13 and 17
<br />galas applicable law prorldn otbstwiml, Ills motes shall spectryt (a) the default; (b) the action required to care the
<br />default; (c) a date, not has than 30 days from the date the notice is given to Borrower, by which the default meat be cured;
<br />and (d) that failure to care the default on or Wore the date specified in the notice may result in acceleration of the sums
<br />secured by this 4ecurity, Insttrusent and ask of the Property. 711e notice ebdl further inform Borrower of the right to
<br />reinstate alter acceleration and the right to bring a court action to assert the non - existence of a default or any other
<br />defense of Borrower to acceleration ad We. 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 lull of all suss secured by this Security instrument without further
<br />de mmil and may invoke the power of pale and any other remedies permitted by applicable low. lender shall be entitled to
<br />collect all expenses lee:arred to pursuing the remedies provided in this paragraph 19, loeludial; but not limited to,
<br />reasonable attomeyse fm old cats of title evide mee.
<br />It the power of sale is isvoked, Trustee $ball record a notice of default In each county is which any part of the
<br />Property is located and sbdl wan copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicable kw. Ater the time required by applicable law, Trustee shall give public notice of
<br />sale to the person and its The sagas er prescribed by applkable law. Trustee. without demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder set the time sad place and wader ibeter all designated in
<br />ny parcel he notice of $We
<br />Property is
<br />one or more parcels and is any order Trustee detexadnes. Trustee nosy postpone et
<br />public mentuncement at the rise led piece of my previously scheduled sale. Leader w its designee may p archaw the
<br />Property at say $ale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the ptwcbalser Trustee's deed conveying the
<br />Property. The recitals is the Trusteees deed shill be prima facie evidence of the truth of the statements made therein.
<br />Trustee $hall apply the proceeds of the sate In the following order. (a) to all expenses of the sale, including. but not limited
<br />to, Trustee's tees as permitted by applicable law and reasonable attorneys' tees; (b) to all sums secured by this Security
<br />Instrument: and (c) any excess to the person or persons legally entitled to it.
<br />29. Leader 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 thin Secue iiy Instrumcnt and all rotes 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 Te rson or persons shall pay any recordation costs,
<br />22. Substitute Trustee. Lender, at its option, may from time to t ime 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 NI•otices. Borrower requests mat copies of the notices rev default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />24. Riders to this Security Instrment. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument. the covenarl'ts 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(es)]
<br />Q Adjustable Rate Rider ❑ Condominium Rider Q 2-4 Family Rider
<br />_, Graduated Payment Rider Q Planned Unit Development Rider
<br />Q Other(s) bpeciiy]
<br />By SIGNING BetLow, Borrower accepts and agrees to the terms and covenants contained .in ibis Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it,
<br />... .(Seal)
<br />On this 12th n•.n al' December w 90 , before tile, the undermpncd, a Notary 1111:1tIlic
<br />duly commr.seoncd and quahried Yor,aid:ouniv. personalh cattle Norman N. McCartn ant~ Georgene C.
<br />McCarthy, each in his and her own right, and as spouse of each otheit, r', }.rut vet it, lie Ille
<br />identical personls) nanuelo are kub,,.nhcd 111 lilt tmcgoing imtrtlnient and ak:lno%%lcdi.wJ :lr, ekiccultoll
<br />thereof to he their tl.iuorar% a:t and deed.
<br />%Irne s nit [land and not atIJ1 .Cal ,n Grand Island, Nebraska u1 •.0 i ,. tl!IR , C
<br />date aforeSatd.
<br />��� �rflwr'tiiYi w t�111r �� _ r —
<br />My Commission cklptre �b� OO�IIatI11 I
<br />w (leas Ear sag 1,1992 '
<br />. ..................................
<br />R(.QUkST I-OR RI-CONVI JAN( 1
<br />To FRI. ell I
<br />The undersigned is the holder tit the role tit llotes 'c:ured h% Ihl% Heed 11t I 1 u.l. 'sald note tit soles, logi.•Ihel
<br />with all other indebtedness secured by I his Iced of I rust, hale been flald ul 1111. 11111 ate llo ck tlucocd I it t anal •md
<br />little or notes and this Deed oil I rust, uIllol :tie dedncrcd hcrchit . and Ili Ie:omel. ttuhoul a.uleunl�,�all the estate
<br />now held by you under Ibis Iced of f'rusl a1 the rcrwn or Ilerstals ieValll cnlllled Illoclo.
<br />Pr
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