<br />r
<br />
<br />88-100854
<br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach ofany covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<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 cure the default on or before the date specified in the notice may result In acceleration of the sums
<br />secured by tbis Security Instrument and sale of the Property. Th~ notice sball furtber inform Borrower of tbe right to
<br />reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any otber
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified In tbe 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 otber remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in pursuing tbe 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 mail copies of sucb notice in tbe manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicable law. After tbe time required by applicable law, Trustee shllll give public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrnwer, shall sell the
<br />Prcperty at public auction to the highest bidder at tbe time and place and under the terms designated in the notice of sale in
<br />one or more parcels Rnd in any order Trustee determines. Trustee may postpone sale of all or any parcel of tbe 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 he 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 />20. Lender in P.ossesslon. 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. Ruonveyance. 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 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 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 />Instrument. [Check applicable box(es)]
<br />o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Graduated Payment Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />
<br />~ Other(s) [specify] Acknowledgment
<br />
<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.
<br />
<br />~~n4if.~m......~
<br />...~ ~~ \10 I 0: I =u....~:G.;~............(Seal)
<br />1Mberl~~enny ~ -Borrower
<br />
<br />STATE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />County ss:
<br />
<br />On this 19th day of February ,19 SB, before me, the undersigned, a Notary Public
<br />duly commissioned and ~ualified for said county, personally came Bradley B. Kenny & Kimberly Dawn
<br />Kenny, Husband & Wl.fe, subject to legal separation-----------------;-to-me known to be the
<br />
<br />identical person(s) wJtose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be thel.r voluntary act and deed.
<br />Witnes~ my hand and notarial seal at Grand Island, Nebraska in said county, the
<br />dale aforesaid.
<br />
<br />
<br />My .J:com;=~~...... i .Q~. ~.It.~L;&..................
<br />
<br />DEIIORAH l. KIMBlE NOlary Public
<br />.. CIlIa EIJ. ..... D, 1111 REQUEST FOR RECONVEYANCE
<br />
<br />TO TRlISTEE:
<br />The undersigned is the holder of lhe note or notes secured by this Deed of Trust. Said note or lIo1es. logethei
<br />with all other indebtedness secured by this Deed ofTrnst, have bCl'n paid in full. You are hereby dill'cled to canl'l~1 said
<br />nole or notes and Ihis Dced of Trust, which are delivered hereby, and 10 n:convey, without warranly, alllhe cst at\'
<br />now held by you under this Deed of Trust 10 lhe person or persons legally enlitled thereto.
<br />
<br />r---
<br />
<br />i"",
<br />,,,
<br />:.
<br />-~
<br />v;,o.;
<br />
<br />(~
<br />
<br />Date:
<br />
|