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<br />r <br /> <br />NON.l'NtFORM COVENANTS. Borrower and Lender further covenant and agree as fOllows~8- 102268 <br />I'. AceeleratiGllj Rrm'. I.-der IIIa1I II" DOIke to Borrower prior to acceleratloa followtaa Borrower'. <br />...... of.., __t or ....11))<I11It1a tIllI Security laatnmleat (bat DOt prior to eeeelendoll UJlder,...aarapU 13 uti 17 <br />..... ........ law pro..... otbInrtIe). De DOtice ... IpeClfr. (a) the default; (b) the ledoa required to eure tbe <br />deIuIt; (e) . date. !lOt'" tudO.,. from tile date the aotIcellllHD to Borrower, by wlllc:h the default mlllt be cured; <br />ad (d) .... faBare to cure 1M deiaIt .. er before die date epecUled in the aoUce may renlt Ia aec:eleratioa of the IIUIII <br />IIlCtII'ed bJ tIllI Secari.,. r.a....... ad u1e 01 die Prupert)'. 'l1Ie aotiee sIJall fIlrtber Worm Bo~wer of the ript to <br />reiaate Ifter eeeeleratioa.addlertPt,to'....... eout ledoa to usert the aoa...UteDc:eof. default oruyother <br />de'- ofBonvwer to lCICIIefaUoIIad llle.lfthe defaaIt II aot cured oa or before the date Ipedfted III the aotlce, Leader <br />.t ItlOlItfM may reqaIre,~\.,.,..laf1tll of IlIIU1D1Ie1:l1red by .thllSeeurltyIutnuaeat wldIout further <br />..... ud may laYOke tile poRul.... ud III)' other remedies penaltted by .pplJeable law. Lellder Uall be,eatitled to <br />colleetlll ..,... IIlClU'l'lld lac......... tbe remedies proYided in thlI parqrapb 1', ladudi....but aot limited to, <br />reaGIIt'lble Ittoraeys' fees ud.COItIoI title mdellce. <br />If the power of sale "'IaYoked, Trutee shill record . DOtlce of default fa each COIIIIty la wbiehlllY part of the <br />Property II located IIId shill mall copies of neb aotIee fa the muaer prescribed by appUable law to Borrower and to the <br />other perIOIII prela't1led b)' lppUeable law. After the time required by .,plicable law, Trutee IbaIJ lilyepubUe aoUee of <br />u1eto thepenrolllllld la the IDIIIIIer preserIbed by .,plicable law. Tnutee. wltbout demaad oa Borrower.1baIJ sell the <br />Property at publle I.etloa to the llilhest bidder It the time and place and uader the terJIII deslpated la the aotIee of u1e fa <br />Due or more pareellllld la an)' orderTl'IIItee det-mes. TI'\IItee may poatpoae sale of III or an)' pm:aI 01 tile Property b)' <br />pablie anftOUac:emeat It the tllle IIId lllaee of III)' preYiousJ)' lICbeduled lIIe, Leader or III deslpee may purdwe the <br />Property at an)' lIIe, <br />Upoa receipt of plymeat of the price bid, Tnutee .ball dellnr to tbe purebuer Trustee', deed coayeylag the <br />Property. 'l1Ie reelbllln the Tnutee'. deed IbaIJ be prima flleie erideaee of tbe trutb of the statellentl made therefa, <br />Trustee shill apply the pnIICIedI of the uJe fa the followlnl order: (a) to all ellpelllel of the ..... lneludbq, but DOt limited <br />to, T......'I fees u permitted by applicable law and reuonable attorneys' fees; (b) to III IIUIII seeured by thlI Security <br />11IItnuDent; uti (e) any ellce. to the penon or perIOIIIlegaJly entitled to it, <br />20, Leader la I!oueakm. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agenl or by judicially appointed receiver) shall be entitled to enter upon, lake possession of and manage the <br />Property and to collecl the rents (jf the Property including those past due. Any rents collected by Lender or the receiver <br />shall be applied lirst to payment of the costs of managenlent of the Property and collection of rents, including. but not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable allomeys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reeonyeyance. Upon payment of all sums secured by Ihis Security Instrument, Lender shall request Trustee to <br />reconvey the Propen)' 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 />12, Subldtllte Trutee~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 b)' applicable law, <br />23. Request for NodeeI. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br />Z4. RIden to WI Secari.,. ~ If one or more riders are executed by Borrower and recorded together with <br />tbis Security Instrument, the covenants and qrecmentl of each such rider sball be incorporated into and shall amend and <br />supplement the covenants and qreements of this Security Instrumenl as if the rider(s) were a part of tbis Security <br />Instrument. (Check applicable boll(eI)] <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 />[!J Otber(s) [specify] ACknowledgement/VA Loan Rider/Assumption Rider <br /> <br />By SIGNING BELOW, Borrower accepts and qrees to the tenns and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower znd recorded with it. <br /> <br /> <br />.................................................................. G~.~~...........~ <br /> <br /> <br />.CJ..4c.{d:t1.....tf...a~-4t.a............................(Sea1) <br />Laura K. Olson ~ <br /> <br />.....04.................................................................................. <br /> <br />STATE OF NEBRASKA, <br /> <br />Hall <br /> <br />County ss: <br /> <br />Ont~is 5th day of May, 19 Bt! , before me, the undersigned, a Notary Publk <br />duly l:ommi&sioned and qualified for said county, personally came Gregory L. Olson and Laura K. <br />Olson. Husband and Wife ,to me known 10 be the <br />identieaJperson(s) whose name(s) are subscribed to the foregoing instrumenl and acknowledged the execulion <br />thereof 10 be their voluntary act and deed. <br />, Witness my hand and notarial seal al Grand Island, Nebraska in said county, Ihe <br />date aforesaid. <br /> <br />My Com <br /> <br /> <br />/' <'-'- //} // <br />t~/~ ,~~~~______ <br />......................,... .?(,........,......,..., <br />NOlary Public <br />UEST FOR RECONVEYANCE <br /> <br />To TRUSTEE: <br />The undersi,ned is the holder of Ihe nOle or nOles secured by Ihis Deed of Trusl. Said note or notes, lo~~thcr <br />with all other indebtedness secur~d by this Deed of Trust, have b~n paid in full, You arc hereby directed 10 cancel SllId <br />nOle or notes and this Deed of TruSl, which arc delivered hereby. and to reconvey, wilhout warranty. alllhe eSILlle <br />now held by you under Ihis Deed of TrusI 10 Ihe person or rersom legally elllilled thereto <br /> <br />Dale: <br />