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<br />88-100695 <br /> <br />NON.UNIFORM COVENANTS. Borrower and Lcnder further covcnant and agree as follows: <br /> <br />19, Acceleration; Remedies. Lender shall give notice to Borrower prior to acccleration following Horrower's <br />breach of any covenant or agreement in this Security Instrument (but not prior to accelcration under paragraphs 13 find 17 <br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure thc <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failure to clIre the default on or before the date specified in the notice may result in acceleration of the sums <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 and the right to bring a court action te assert thp. non-existence of a default or any other <br />defense of Borrower to acceleration and sale. If the default is not cUI'ed on or before the date specified in the notice, Lender <br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further <br />demand 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 sale is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mall copifS 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 oi <br />sale to the persons and in the manner prescribed by applicablc 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 in <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <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 shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br /> <br />20, Lender in P.ossession. Upon acceleration under paragraph 19 or abandonmcnt of the Propcrty, Lcnder (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 thc Propcrty including thosc past duc, Any rcnts collected by Lender or the recciver <br />shall be applied first to payment of thc costs of management of the Property and collcction of rents, including, but not <br />limited to, recciver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to thc sums sccured by <br />this Security Instrument. <br /> <br />21. Reconveyance. Upon paymcnt of all sums sccured by this Security Instrument, Lcnder shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing dcbt securcd by this Security <br />Instrument to Trustee. Trustee shall reconvey the Propcrty without warranty and without charge to the person or persons <br />Icgally entitled to it. Such pcrson or persons shall pay any recordation costs. <br /> <br />22. Substitute Trustee. Lender, at its option, may from time to time removc Trustee and appoint a successor trustcc <br />to any Trustee appointcd hereunder by an instrument recorded in the county in which this Security Instrument is rccordcd. <br />Without conveyance of the Property, the successor lrustee shall succeed to all the title, power and duties conferred upon <br />Trustce herein and by applicable law. <br /> <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 Propcrty Address. <br /> <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrowcr and recorded togethcr with <br />this Security J nstrument, the covenants and agreements of each such ridcr 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 part of this Security <br />Jnstrument. [Check applicable box(es)] <br /> <br />o Adjustable Rate Rider 0 Condominium Ridcr 0 2-4 Family Rider <br /> <br />o Graduated Payment Rider <br /> <br />o Planned Unit Development Ridcr <br /> <br /> <br />[j<Other(s) [specify] Acknowledgement <br /> <br />BY SIGNING BELOW, Borrowcr accepts and agrees to the terms and covenants contained In this Sccurity <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br />........................................................................................ <br /> <br />a, /..'" J'" /7/ <br />.. ....ii~d;f:i~1:?:~.~~~ ....0.:..!.~.;:..;r........ ... ....~~~~~~ <br /> <br />........................................................................................ <br /> <br />................................................................................,...... .(Scal) <br />-Borrower <br /> <br />STATE OF NEBRASKA. <br /> <br />Hall <br /> <br />County ss: <br /> <br />On this 3rd day of February ,19 8B, <br />duly commissioned and qualificd for said county, pcrsonally camc <br />person <br />idcntical person(s) whosc name(s) are subscribed to thc foregoing instrumcnt <br />thcreof to be her voluntary act and dccd, <br />Witness my hand and notarial scal at Grand Island, Nebraska <br />date aforcsaid. <br /> <br />bcforc me, the undersigned, a NOlary Public <br />Ardelle e. Vang, a single <br /> <br />, 10 mc known to be the <br />and acknowledged the cxccution <br /> <br />r----~...- <br /> <br />in said county, lhe <br /> <br />tf <br />~: <br />/'~ <br /> <br />)..,. <br /> <br />J:GiIUA!. IlTAaY.StIti oIl!l1rasb <br />C.L KAIKII! <br />. . "-.: My CotMl. [II IlIt 29. 1008 <br />To R J,"rEE' <br />The undersigned" Ihl' holder of lhe noll' or nOles sccurcd by this DCl'd 01 rl us!. Said nolc (11 nolcs, I o!U' 1 hel <br />wit h all olher IIldchtednc\\ scnllcd by I hi~ Dced of Trml, haH' been palo in full. Y (lU al l' herelw dill'('led foe'aneTI '.\ld <br />nole or noles and thil Dl'l'd ofrlUSl, whit'h all' deliveled hercbv, and 10 1l'('(lll\n. \\llhoUI \\allallll, all Ih,' nl.ll<' <br />now hrld by Y(lU undl'r Ihl' ()l'rd of Trusl 10 lhl' persol1 or pl'I\(\I1S Ic~al" l'I1IHll'd :hl'll'lI1 <br /> <br />c~ <2 ( ~~L/ <br />.................................................. . <br /> <br />My Commission expires: <br /> <br />~\)laf\ Puoll\: <br />REQUEST FOR RECONVEYANCE . <br /> <br />Dalt. <br /> <br />_J <br />