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<br />I <br />88..;.1102050 <br /> <br />NON. UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender sballli" notice to Borrower prior to acceleration following Borrower's <br />brach of lay to"naat or qrMlDtnt in ~his Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />WlI.. ."ucuIe law pron'" otherwise). The notice shaUlpecify: (a) the default; (b) the action required to cure tbe <br />default; (c) a date, not '- tUB JO da)'l from tile date the notice is liven to Borrower, by whicb the def~u1t must be cured; <br />add (d) tHt failure to eve tile default ODor before the date specified in the nodce may result in lICceleradon of the sums <br />IKllred by tbll Security Iatrumeat add "'e of the Property. lbe nodce sball further inform Borrower of the rigbt to <br />relatate afbr acceleratioa and the rlpt to briala. court ~etion to assert tbe non.e.istence of a default or any other <br />defeDIe 01 Borrower to -=eeleration aDd _e. If. the default is not cured on or before tbe date specified in the notice, Lender <br />ilt ib Option may require illUllldiate payment in full of all 'IUIIIS secured by tbis Security instrument. without further <br />demand and may invoke the power of"'e and aDy other remedies permitted by applicable law. Lender shallbe entitled to <br />collect all espelllel Iacuired in panalng the remedies provided in tbis paragraph 19, induding, but not limited to, <br />reasoubIe attorney.' fees and COlts of title endence.. <br />. U the power of .... is invoked, Trustee shall record a notice of default in each county in whicb aily part of the <br />Property" located udsball mailcopies of such notice in the manner prescribed by .pplicable law to Borrower and to tbe <br />other penoupracribed by appUcable law. After the time required by applicable law, Trustee shall iIlye public notice of <br />"'e to the peI'IODI and in tbellWUltf preseribed by applicable law, Trustee, without demand on JJorrowert shall sell tbe <br />Property at Publicaucdon to the higbest bidder at the time and place and under the terms designated in the IlOticeof sale in <br />one or more pal'Ct!ls aDd lit uy order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />pubUc anDOUDCeDltnt at the dme and place of any previously scheduled sale. Lender or its desipee may purchase the <br />Property at any sale. <br />Upoa reaipt of payment of the price bid. Trustee shall deliver to the purchaser Trustee's deed conye)inll the <br />PrOperty. Derecita1s in the Trustee's deed shall be prima facie evidence of tbe truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the fonowing order: (a) to all expenses of the sale, includinl. but not limited <br />to, Tnaee'. fHl as' permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Secilrity <br />Iastrumeat; ud (c:) aDyescea to tbe person or persons legally entitled to it. <br />ZOo Lender In Po_ion. 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 recdver <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, rcceivoer's' fees, premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums secured by <br />this Security Instrument. <br />21. R~veyaDCe. 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 thi5 Security <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />leplly crititled to it. Such person or persons shall pay any recordation costs. <br />21. Subditute TI'UItee. 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 />Witbout conveyance of tbe Property, the successor trustee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />Z3. ReqUllt forNotka. Borrower requests tbat copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />14...... to thII Slearity latnuaeat. If one or more riders are executed by Borrower and recorded together with <br />this Security lnalrument, the covenants and agreements ~f each such rider shall be inc.orporated into and shall amend and <br />supplement the covenants and agreements of tbis Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable bol(a)) <br />o Adjustable Rate Rider 0 Condominium Rider 0 2~ Fami~y Rider <br /> <br />o Graduated Payment Rider <br /> <br />o Planned Unit Development Rider <br /> <br />(i] Otber(s) [specify) Acknowledgment <br /> <br />By SIGNING BEWW. Borrower accepts and qrees to the terms and covenants contained in this Security <br />Instrument and in any rlder(s) executed by Borrower and recorded with it. <br /> <br />................................................................................................. <br /> <br />1Qb,.~t.J1.EJ.~.~~............................(Seal) <br />Warren G. Dennis ~ <br /> <br />'-(D.~.'n-!....~...~.~....................(Seal) <br />I'~rian-.R~. en~ls ~ <br /> <br />STATE OF NEBRASKA, Hall County ss: <br /> <br />On this 20 day of Apr il ,19 88, before me, the undersigned, a Notary Public <br />duly 4;ommissioncd and qualified for said county, personally came Warren G. Dennis and Marian <br />K.Oennis, Husband and Wi fe--------------------------------------oy.&Q me known to be the <br />identical pcrson(s) whoSe nune(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be their voluntary aetand deed. <br />" Witness my hand and notarial seal at Grand Island, Nebraska in said county, the <br />date aforesaid. <br /> <br />t.ly Commission expires: <br /> <br />I. .. '''''~=--I <br />~ ............. <br />To TIlUSTEE: . <br />. The undenianed is the holder of the note or notes secured by this Deed of Trust. Said note or notes, together <br />whh all othll:r indebtedness secured by this Deed of Trust, have been paid in full. You are hereby directed to cancel said <br />note or notes and this Deed of Trust, whleh ai'Ci4~I~VMtd ~ercby. and to reconvey. wit hout warrant y, all the esl ate <br />now held by you under thisOeed of Trust totht pt-rs"6n or persons legally enlitled thereto, <br /> <br />(!,J. V- J <br />t/--.... , (~ <br />.".........4.......................... a.............................. I........................ ""'" I <br />. '" NOla!)' Public <br />REQUEST FOR RECONVEYANCE <br /> <br />O.'t: <br />