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<br />88-_100851
<br />NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agrcc as follows:
<br />19. Accclcratilm; Rcmcdles. Lendc. shall give noticc to Borrower prior to accelcration following Borrower's
<br />brcaeh of any covcnllnt or agrccmcnt in this Security Instrumcnt (but not prior to acceleration under paragraphs 13 and 17
<br />unlcss applicablc law providcs othcrwlse). Thc notice shall spccify: (a) the default; (b) the action requircd to cure the
<br />default; (c) a datc, not less than 30 days from the datc thc notice is given to Borrowcr, by which thc default must bc cured;
<br />and (d) that failure to curc thc default on or bcfore thc datc specified in the notice may rcsult in accelcration of thc sums
<br />seeured by this Security Instrument and sale of the Property. The notke shall further inform Borrower of the right to
<br />reinstate aftcr acceleration and the right to bring a eourt action to assert the non-existence of a default or any other
<br />defcnse of Borrower to acceleration and sale. If the default is not cured on or before the date spceified in the notice, Lender
<br />at its option may rcquirc immediate payment in full of all sums sccured by this Seeurity 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 loeated and shall mail copies of such noticc in the manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicablc law. After the time required by applicable law, Trustcc shall give public notice of
<br />sale to the persons and in the manner prescribed by applicablc law. Trustce, without demand on Borrower, shall sell the
<br />Property at public auction to the highest biddcr at the time and place and under the tcrms dcsignated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may postpone salc of all or any parcel of the Property by
<br />public announeement at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon recei!lt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dced convcying the
<br />Property. The recitals in the Trustce's deed shall be prima facie evidence of the truth of tl:e statcmcnts made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the salc, including, but not limited
<br />to, Trustee's fecs as permitted by applicable law and reasonable attorneys' fees; (b) to all sums sccured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in P-ossession. Upon acceleration under paragraph 19 or abandonmcnt 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 p<.rsons 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 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 Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property 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 shdl be incorporated into and shall amend and
<br />supplement Lhe covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />o Adjustable Rate Rider 0 Condominium Rider 0 2--4 Family Rider
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<br />o Graduated Payment Rider
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<br />o Planned Unit Development Rider
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<br />121 Other(s) [specify] Acknow ledgement
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<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 recorded with it.
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<br />.}~.. ....,.~..L.t<u1kf1r.v.........................................(Seal)
<br />L -Borrower
<br />e r . lfJ;Yon
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<br />>....: ~..Y{...Y{j/nli:otJ................................(Seal)
<br />~--!/.-- -Borrower
<br />Karen K. Kenyon
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<br />STATE OF NEBRASKA,
<br />
<br />Hall
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<br />County ss:
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<br />On this 15th day of February ,19 88, before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Jerry L. Kenyon and Karen K.
<br />Kenyon, Husband and Wife ----------------------------------------, to me known to be the
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<br />identical person(s) w.hose name(s) are subscribed 10 the foregoing instrument and acknowledged the execution
<br />thereof to be thelr voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the
<br />date aforesaid. , ()
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<br />M ;X?\ 1~'i;".'1....~..~o_~.. ... . (~Qj~2.....
<br />.-;:1; fJ~hlh
<br />REQUEST FOR RECONVEY AN E
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<br />-' ~n
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<br />...
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<br />To TRUSTEE:
<br />The undersigned is the holder of the note or notes sccured by this [)cl'd of Trust. Said note or nOll'S, to!!ethcr
<br />with all othcr indebtedness secured by lhis Deed of Trusl, hale been paid In full. You arc hcrl'I". dirCl,tcd 10 ,'ancel s<\ld
<br />note or notes and lhis Deed of rrust, whICh are dclivered hnchy, and to ICCOn\l'I. \\lthoul \\allal1ll. alllhe nt'lle
<br />now held by you undcr II1IS Deed of Trust lot he person 0; PCI',OIlS Ic)lalh l'IHllled I hrlt'1 0
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<br />Dale::
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