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<br />I
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<br />88-
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<br />101499
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<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 Collowing Borrower's
<br />breacb of any 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) ~he default; (b) the action required to cure the
<br />default; (c) a date, not less tben 30 days Crom the date the notice is given to Borrower, by which the deCault 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. The notice shall further Inform Borrower of the right tu
<br />reinstate after acceleration and the right to bring a court actton to assert the non.existence of a defllult 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 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 oftitIe evidence.
<br />If the power of sale is invok~, Trustee shall record a n011ce 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 prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicahle law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by applitable 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 postptlne sale of all or any parcel of the Property by
<br />public announcement at the time and place of any previously scheduled sale. under 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 reasonahle 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.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 recei,'er
<br />shall be applied first to payment of the costs of managemenl of the Property and collection of rents, including, but not
<br />limited to, re1:eiver's fees, premiums on re1:eiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Se1:urity Instrument.
<br />21. Reconveyance. Upon payment of all sums SlXured by this Security Instrument, Lender shall request Truslee 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 re1:onvey the Property without warranty and without charge to the person or persons
<br />legally entitled to it. Such person or persons shall pay any re1:ordation 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 appIi~ble law.
<br />23, Request for Notices. Borrower requests that copies of the nOlices of default and sale be senl 10 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 incorporaled into and shall amend and
<br />supplement tbe covenants and agreements of this Securil)' 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 D 2-4 Family Rider
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<br />o Graduated Payment Rider
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<br />D Planned Unit Development Rider
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<br />~ Other(s) [specify) Acknowledgment
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
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<br />I.~.':~~~.'.~.""'."=".~"'~:)"~.I::=~O~:t=d t~O:Z:~ith ;'-._".1 9T..~~~.. .......................(Seal)
<br />~{~ [=~~~ ~noWN
<br />Leonar L. Scnw1eger
<br />t
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<br />,~~...lJ."5.r.Ju.'>.J..&~~(1{.,,.(SeaI)
<br />Naomi A. Schwieger (J ~
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<br />............ ........ ..... o. 0.... ...........~. ....~............ _____....................................
<br />
<br />STATE Of NEBRASKA.
<br />
<br />Hall
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<br />County ss:
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<br />On this 21 st day of March ,19 88 ' before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Leonard L. Schwieger and
<br />Naomi A. schwieger. Husband and Wife . to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be their 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 />My Commission expires:
<br />, 6----_1
<br />..4.._ ...::-~ "" .
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<br />To TRUSl'EE,
<br />The undersigned is the holder of the note 01 notes ~enHt-d by Ihi~ Dl.'l.'o of TnlSl, Said nOlI.' or nOl<'~. together
<br />with all other indebtedness secured by this Deed of Trust. have bet-II j'laid ill full. You ,He herd')' till t''':led \0 l'<ln..:d ',lid
<br />110Ie or notes and this DC'('(1 of Trml. which are delivered hereby, alld to ll'COII\CY, without \\;Urallly. alllh~' t'"alt'
<br />110'14 held by you under thi~ Decd of Trust 10 the person Of J)cr~nn' kllally ellluit'd thelt'lO
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<br />C, :2. ~J~q
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<br />.........~........................~...O-........~-:........
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<br />;-':01 a '" Pubh,
<br />REQUEST FOR RECONVEYANCE .
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<br />nolte:
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