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<br />I <br /> <br />88- 101910 <br /> <br />NON.UNIFORM COVENANTS. Borrower and Lender further cOVCI111ntll!ld agrcc as follows: <br />19. Acccleratlon; 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 acccleratlon 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; (d a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be curedi <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 other remedies permitted by appli~able law. Lender shall be entitled to <br />collect ail 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 sball record II 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 prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After tbe 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 />Property at public auction to the highest bidder At tbe time 'lnd 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 any 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 tbe 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 (c) any excess to the person or persons legally entitled to it. <br />20. Lender In P.osscssion, 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 Of the receiver <br />shall be applied first to payment of the costs of management of the Property and collec,ion 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. Ret'onveyance. 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 />14. 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 a.~d shall amend and <br />supplement tbe 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 />lliJ Other(s) [specify) Acknowlegment <br />By SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security <br /> <br />Im;;;;J~;E;JXi~:'.'~d reco:'Q:,"~:..... g.,.....ec..eP.!0.~.......(S~,) <br />Rud ..'~ ...&~R.:QjYijJ;................::::; <br /> <br />at~u";..C,, Debra D. Plate ~Borrower <br /> <br />STATE 01' NEBRASKA, <br /> <br />Hall <br /> <br />County 5S: <br /> <br />& Wife, <br /> <br />On this 15 day of April ,19 S8. before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personally came Rudolf F. Plate, Jeannice R. Plate, Husband <br />Tim C. Plate & Debra D. Plate, 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 counly, the <br />date aforesaid. '0 <br /> <br /> <br />MYt1.:=~L;r. t"? .~~0.'~~~~ <br />~ ..... fIJ..... 12, I" Notan rlloh<' <br />REQUEST FOR RECONVEYANCE - <br /> <br />To TRUSTEE: <br />Tile undersigned is the holdl:l of" Ihl: 110tl' or noles secured by this Deed of TnlSI. Said note 01 1101l'S, logl'l her <br />with all other indebtedness SCl;Ull'd hy I his Deed of Trusl, have been paid in full. Y 011 art' hl'reby dirrclccI I 0 ~.al1crl saId <br />flole or notes and tlw. Decd 01 Tt 11\1. whkh lire dclivl"red hndl)', and 10 recollvey. without wananl \, all I he eslalc <br />now held b)' )'011 IIndrl Ihis Ikl'd of 1111\1 10 lhl' Pl'IS()IJ 01 prISon', lqwlly enllllt'd IhC'IT{(1 <br /> <br />Dale: <br />