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<br />88- 100924
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<br />NON.UNIFORM COVENANTS. Borrower an j Lendcr further covenant and agree as follows:
<br />19, Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceieration 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 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 to assert the non-existence of a default or any other
<br />defense of Borrower to acceleration and sale. 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 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 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 mail copies of such notice in the manner prescrihed by applicable law to Borrower and to the
<br />other persons prl!!;cribed by applicable law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the personli and in the mlmm:r pr~cri~d by applicable law. Trustee, without demand on Dorrower, shall sell the
<br />Property at publiC auction to the highest bidder lit the time and place and under the terms designated in the notice of sale in
<br />\m~ Qr mQfe pllfcel::. lind in Rny order Trustee determines. Trustee mar postpone sale of all or any parcel of the PropertJ' by
<br />public announcement at the time and place of any previously scheduled sale, Lender or its designee may purchase the
<br />Propl!rty Ilt lUly !mll!.
<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 (~) any excess to the person or penons legally entitled to it.
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<br />20. Lender in P.ossession, 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 Properly 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.
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<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrumcnt, 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.
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<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.
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<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 />}Qg Adjustable Rate Rider D Condominium Rider D 2-4 Family Rider
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<br />D Graduated Payment Rider
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<br />D Planned Unit Development Rider
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<br />}Qg Other(s) [specify] Acknowledgement
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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 />.....~~2P~...............~~~~~2
<br />......~M,~~..'t...J~t'-:?,~.........."..,.,..,.(Seal)
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<br />Beverly f!.. Nolan -Borrower
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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 25th day of February ,19 88
<br />duly commissioncd and qualified for said county, personally came
<br />Nolan, husband and wife
<br />identical person(s) whose name(s) are subscribed 10 the foregoing instrument and
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island
<br />date aforesaid.
<br />
<br />, before me, the undersigned, a Notary Public
<br />Michael J. Nolan and Beverly E.
<br />, to me knowll to be the
<br />acknowledged the execution
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<br />ill said COUllly, the
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<br />REQUEST fOR RECONV ,YANCE .
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<br />To TRUSTEE:
<br />The ulldcrsigned is thl' holder of Ihe nOlI' or 1101l'\ \el'lll('d h\' Ih" DL't'l1 "I 1111'1. S;lId 110lt' III 110It". 11l\!L'lhcr
<br />with all other ind('btedll(,\\ 'l'cured by thi\ l.kt'd 01'1 rU\I, hall' bet.I1'polld 11111111 \1\11 are hl'/cby dllt'l'l('d 10 l'al1l'~'1 ,aid
<br />note or noll'S and Ihi\ Deed of Trlls!. which are deli'l'/('d hnt'll' , alld 10 It'll'll"", \\ II h01l1 \\ arralll\, all I he t"lalt'
<br />ilOW hdd by YOll undrr Ihis Dl'pd of Tnl\1 I,) lht' P('I'OIl 01 1'1""1I1' k~al" "Illllled lil""'II'
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