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9 ~ :111193 193- 1 10629 NON-UNIFORM COVENANTS. Borroxycr and Lender further coven;rnt and agree as follows: I7• Foreclosure Procedure. If Lender requires immediate payment in full under paragraph 9, Lender may invoke the power of sale and anv other remcdics ppLrmitted by apppplicable law. Lender shall be entitled to collect all expenses incurred In pursuing the remedies provided in this paragraph t7, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part, of the Property :s located and shall mail copies of such notice in the manner prescribed by applicable ia%v to Borrower and to the otfter persons prescribed by applicable law. After the time required by applicable law, 'Trustee shall give ppublic notice of sale to the persons and in the manner prescribed by applicable law. 'trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale to one or more parcels and in any order Trustee determines. Trustee may postpone sale of alt or any parcel of the Property by public announcement at the time and place of sty previously scheduled sale. Lender Wits designee may purchase "the Property at any sale. Upon receipt of payment of the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee s deed shall be prima facie evidence of truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale. including the payment of the'(rustee's fees actually incurred, not to exceed fitve % of the principal amount of the note at, the time of the declaration of default, and reasonable attorneys' fees as Permitted by law-, (b) to all sums secured by this Security Instrument; and (c) any excess to the person. or persons legal) entitled to it. " ~S, Reconveyance. Upton payment of all sums secured by this Security Instrumenl, Lender shall regt,est Trustec to rcconvey the Property and shall surrender t.hi5 Security Instrument and all notes evidencing debt secured by this Security lnstrurrtert to Trustee. T}ustee 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 remove Tivstee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded to the county in which this Security instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Tru sec herein and by appp~licable law. 20. Request for l~otices. Borrower requests that copies of the notices of default an(' sale be sent to Borrower's. address which is the Property Address. Riders, to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security instrument. the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were in a part of this Security Instrument. [Check applicable box(es)]. Ll Condominium Ridet Graduated Payment Rider Growing Equity Rider it Planned Unit Development Rider F10ther (Specifyl BY SIGNING BELO`b'. Borrower accepts and agmes to the terns contained in pages f through 4 of this Security Instrument anti its anv rider(s) executed by Borrower and recorded with it. c sell: (Seal) RICHARD L WATSON Borrower (Seal) I REN E E J EK 15 Borrower (Seal) Bormwer (Sea)) Borrower ST.NI'E. OF NEBPU SK,.V HALL County ss: On this 1Qth day of December, 1993 before me, the undersigned, a Notary Public duly comnnissioned grid qualified for said county, personally came RICHARD L 1 )d. SINGLE PERSON AND IRENE E JEHISON A SINGLE PERSON w to me known to be the identical Ixrson(s) whose name(s) are suhscribed to the foregoing instrument and acknowledged the execution thereof to be their valur.tary act and deed. Witnter niv h2nd and t.otarial seal at GRAND ISLAND in said county, the date aforesaid. 14 C, ok JL1Iai=31''~ t,Ig,';tz ~t t _ •~F ROBER A L REED Notary Public .roP:.wy?3T1 REED REQUEST FOR RECONVEYANCE 0 TRUSTF,E: ThL, undersigned i•: the holder of the note er neteti secure(! by this Deed of Trust. Said note or notes, toeerher with all othLr inciehtet!r.e:~ sccrrreti b% this Deed of Tntst, have been paid in fuil. You are hereby directed to cancel sail! note or ,tes ant thi D e,9 r f "I r:;a. «hi+_tt re tieli.ered hereby. and to recomev, without warramv, all the estate now held by you r ti i i3ti::! iru,: to :tt: r•„stet or rcrson,~ lekall~- entitled SherCfo. L~