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<br />88- 10186-1
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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 acccleration following Burrower's
<br />breach 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: (n) 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 />Ilnd (d) that failure to cure the default on or beforc the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Propcrty. 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 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 atkrneys' 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 :my part of the
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower alld to the
<br />other persons prescribed by applicable 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 applicable law. Trustee, without demand on Borrower, shall sell the
<br />Propertf 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 anr 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; IInd (c) any excess to the person or persons legally entitllld to it.
<br />20. Lender in Possession. 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 r~nts of the Property including those past due, Any rcnts collected by Lender or the receivcr
<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 [Q the sums secured by
<br />this Security Instrument.
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<br />21. Re.conveyance. 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 hy 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 ~lIIY 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 pal; of this Security
<br />Instrument. [Chpck 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 0 Planned Unit Development Rider
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<br />lXJ Other(s) lspecify] ACKNOWLEDGE}lENT OF POWER OF SALE DATED 4/7/88
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<br />By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained In this Security
<br />In,'rom,,,'and in any "d"(') ",eutoo by Bn'rnwe, and 'e:~~dN~:C:::."............::;;;~~~~
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<br />.:~ (^~,/O -JJ)~...~,....C&t-l4k):J..~........,.....,...,(seal)
<br />C~ l"8hL~'N -Borrower
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<br />(Space Below This line For Acknowledgment!
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<br />STATE OF
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<br />NEBRASKA
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<br />...-................11-...............
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<br />COUNTY OF
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<br />HALL
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<br />} S8:
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<br />The foregoing instrument was acknowledged before me this 7TH DAY OF APRIL 1988
<br />. .. .. I . . . . . a 0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . , ,.. . ,.. . II
<br />
<br />(date)
<br />by 5J.LL.'C C. .CMLS.Qij..&. CJu.\RI,01'.'n:. .~. ~~~~9~.,~P.~~MI?.~. ~~F,~,~~. ~~~~!. ?:~~~~~. .\iE~~, ,~~~!H..OF
<br />SURVIVORSHIP, & NOT AS TENANTS IN<Ve~acknowledging)
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<br />My Commission expires: FEBRUARY 14. 1990
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<br />~iiil
<br />
<br />adu<<L 4<c::d.("'-<~. ..~L)
<br />/ Notary Public
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<br />This instrument wa~ prepared b)..,... .~q~!~~:?:l: ,11AJ'jK J-IEIUUSKA... . ~AII Clli.\L . ASS~G ~ AlP} ~)N . . . . . . , . . . . . . . . . , . .
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