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I 88-101995 NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 19, Acceleration; RemedJeI. Lender shan Pfe ilotice to Borro"er prior to acceieration foilo1ring Borrower's breach of any C:OfelWlt or qreement In this Seairit)' lutrument (but not prior 10 acceleration under pangraphs 13 and 17 UIlI(!Sl applicable Ia" pron.. otherwise). The notice Ihsll specify: (a) the default; (b) Ihe action required to cure the default; (c:) a date, not ... tIa.aa 30 day. from the date the notice Is gifen to Borro"er, by "hich the default must be cured; and (d) that fallure to care the defalllt on or before the date specified in the notice may result in acceleration of the sums seeured by thIs Security IlII1nuDea.t aDd sale of the Property. The notice shall further Inform Borrower of the rlpt to reiJlltate after acceleration ad the ript to brina a court action to assert the non-existence of a default or any other de,.... of Borro"er to aeteleration and sale, If the default Is not cured on or before the date specified In the notice, Lender at its optioa may require immediate payment in full of all SWIl.I secured by this Security Instrument 1rithout further demud and may in~oke the po"er of we and any other remedies permitted by applicable law. Lender sball be entitled to coiled aU UpeDSeS incurred in ptUlUina the remedies pronded in this paragraph 19, including, bul nol limited to, reasoaable attorneys' fees and COlts of title endeDce. If the po"er cf iale i. in~oked. Trutee shall record a notice of default in each county in which any part of the Property Is located and ...... mail copies of such notice in the IIWlner p~ribed by applicable law to Borrower and to the other petSOIII prescribed by applicable la". After the time required by applicable law. Tl'U!lee shall give public notice of lIIe to die perIOBIand m the manDer prescribed by applicable law. Trustee, without demand on ~rrower. shall sell the Property at public auction to the hilliest bidder allhe time and place and under the terms desipated in the no lice of sale in one or moreparc:els and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public lDDouIu:ement at the time and place of aDY preriously scheduled sale. Lender or ils desipee may purchase tbe Property at any sale. Upon receipt of payment of the prite bid, T1'1IItee shall deli~er to the purchaser Trustee's deeci conveying the Property. one reci.... in the Trustee's deed sball be prima fade eridence of the truth of tbe stalemel1ls made therein. Tl1lItee Iha.lI apply the proceeds of the sale in the foUoma oreltr: <a) to all expenses of the sale, including. but not limited to. Trastee.s fees as permitted by appliC2ble I." and reasonable attorneys' fees; (b) to all sums secured by this SecUrity 11IJtrumeat; and (d any excea to the pel'llOn or penoIIIleplly entitled to it. ZOo Lender in P-osseaion. Upon acceleralion under paragraph 19 or abandonment of the Property, Lender (in pe~ll, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect Ihe rents of the Property including those past due. Any rents collected by Lender or the rece;ver shall be applied first 10 payment of the costs of management of the Property and collection of rents, including, hut not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Securily Instrument. 21. Recoa.eyaace. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the pe~n or persons legally entilled to it. Such pe~n or persons shall pay allY recordation cc::;ts. U. Sldlaitate TI1IItee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title. power and duties conferred upon Trustee herein and by applicable law. D. Re.-.c for Notics. Borrower requests thr.t copies of the notices of default and sale be sent to Borrower's address which is the Property Address. lC.1UIIen to.... Seauity IaItruataIL If one or more riders arc exccuted by Borrower and recorded together with lhis Security Instrument, the covenants and agreements of each such rider shall be incorporated into anD shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable boll.(es)] o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider o Graduated Pa)"II!.ent Rider o Planned Unit Deveiopment Rider [] OIher(s) [specify) Acknowledgment By SIGNING BELOW', Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) ellecuted by Borrower and recorded with it. ;( .i'['d~~i:rl,..K~..........~ X,) .'. "J., ;-. -:. [ -' ~ ~ ~_ ':- /It ' '/' ... ..... .-...\....'''..:-....,. ..:1-............ ....,.t......:l'-"................. ....(Seal) Carolyn L;' Bills ~r_ STATE OF NEBRASKA. Hall County 5S: On this 15th day of April , 1988 duly commissioned and qualified for said county, personally came Carolyn l. Bills, Husband and Wife idenlicai pe1"son(s) whose name(s) are subscribed to the foregoing instrument and thereof to be their voluntary act and deed. WitnC5s my hand and notarial seal at Grand Island. Nebraska date aforesaid. , before me, the undersigned, a Notary Public Edwin J, Bills and , to me known to be the acknowledged the execution in said county, the r;' . ~e~~a.~ 0j? , ~t;:h/ .......................k..................,......... NOlary Public REQUEST FOR RECONVEYANCE To TRUSTEE: . The und.ersi.ned is the holder of t~c nOle or ~otcs secured by this Deed o~ Trusl. Said no;e or I}O~ togelhl.' with all olher mdebtedness secured by I hiS Deed of 1 rml, han' been paId In full. '\ ou arc hereby directed to cAned said notc or notes and this Deed of Trust. which are delivcred hereby, and 10 rCCOlln"\'. without 'warrulll\". all the ('slatr: no\Ot' held.by you under this Deed of Trust III the persoll Of pcrsom \('gally entlllcd {heTClo. . Dale: