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<br />88- 102292
<br />NON,UNli .JRM COVENANTS. Borrower and Lender funher covenant and agree as follows:
<br />19. Acceleration; Remedies. LeDcler shall lli1'e notice to Borrower prior to acceleration following Borrower's
<br />brad. of IUIY ~Y!lWIt or apeement In thill Security lIIItnunent (but not prior to acceleration under paragraphs 13 and 17
<br />unleu applicable law pro.!" othenrile). The notice shall specify: (a) the default; (b) the action required to cure tbe
<br />afauli; (c) a da!e, not Ita tba 30 day. from the date the notice IIl1inn to Borrower, by wbil:b tbe default mu.t be cured;
<br />IIId (d) tllat failure to cue tIte default on or before the date .peclfied in tbe notice may result In acceleration of tbe sums
<br />secured by this Security IllItrUment and llie of the Property. The notice shall further Inform Borrower of the rigbt to
<br />reinstate lifter acceleration and the rlpt to brinll a court action to usert the non-exiltence of a default or any other
<br />defeue of Borrower to acceleration and llie. If the default II not cured on or before the date specified In the nodce, Lender
<br />at Its option may require Immediate payment In filII of aillUlllS secured by thll Security Instrument witho!lt fIIrtber
<br />demand IIId may In,oke the power of llie and any other remedies permitted by applicable law, Lender sbail be entitled to
<br />coUec:t all expenses IIlCIIITed In pllJllllnll tbe remedies prorided In this paragrapb 19, Includlnllo but not limited to,
<br />r_uble attorney.' f_and COlli of title e1'fdence.
<br />If the power of llie I. In1'oked, Trustee shall record a notice of default In eacb county in wblcb any part of tbe
<br />Property II located and shall nWl copies of sucb notice In the lDIDDer prescribed by applicable law to Borrower and to tbe
<br />other persons prescribed by applicable law. After tbe time required by applicable la", Trutee shalll1in public notice of
<br />sale to tbe penDlIS and In tbe manner prescribed by applicable law. Trustee, without demand on Borrower. sbail sell the
<br />Property at public auction to tbe blpest bidder at the time and place and under tbe terms designated in the notice of sale In
<br />one or more parcel. and In any order Trustee determines. Trustee may postpone saie of all or any parcel of the Property by
<br />public announcement at tbe time and place of any prniously scheduled sale. Lender or its desillDee may purcbase tbe
<br />Property at any sale.
<br />Upon receipt of pllyment of the price bid, Trustee shall telil'er to the purchaser TfUlItee's deed con,eying tbe
<br />Property. The recital. In the Trustee's deed sball be prima facie eridence of tbe trutb of the statements made tberein.
<br />Trustee shall apply tbe proceeds of tbe sale in the following order: (a) to all expenses of tbe sale, Includlnllo but not limited
<br />to. Trllltee's fees u permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to tbe penon or persons legally entitled to it.
<br />20. Lender in P.ossession. Upon acceleration under paragrapb 19 or abandonment of tbe Propeny, 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 Propeny including those past due. Any rents collected by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Propeny and collection 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. Recon,eyanCf!!. 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 secared by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Propeny 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 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 tbe Propeny, 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 Notic!I. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address wbich is the Propeny Address.
<br />24. Riders to tb!I Security IlIItrumellt. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreemenl!l 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 pan of this Security
<br />Instrument. [Cbeck applicable boll(es))
<br />D Adjustable Rate Rider D Condominium Rider D 2-4 Family Rider
<br />
<br />D Graduated Payment Rider
<br />
<br />D Planned Unit Development Rider
<br />
<br />o Other(s) [specify] Acknowledgment
<br />
<br />BY SIGNtNG BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) ellecuted by Borrower and recorded with it.
<br />
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<br />....;i..1-{f:~!.....C.:.A,,~..............(SeaI)
<br />
<br />...~.~~:~~~~.k<:.................:;
<br />
<br />ST A TE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />County 55:
<br />
<br />On this 2nd day of May ,19 88, before me, (he undersigned, a Notary Publi<:
<br />duly commissioned and qualified for said county. personally came Howard C. Bunner and
<br />Judy 8unner, Husband and Wi Fe ' 10 me known to be lhe
<br />identical person(s) whose name(s) are subscribed to the foregoing instrumenl and acknowledged the ellecution
<br />thereof to be th e i r voluntary act and deed.
<br />Witnes~ my hand and notarial seal at Grand Island. Nebraska in said county, Ihe
<br />date aforesaId.
<br />
<br />My Commission expires:
<br />J:GWM. IITAIY.... " .....a
<br />C.L !CAlle,.
<br />It! c.a. I,. Ilk 29. 19M
<br />
<br />..............c :~1,1.~:.:~..; .'~.~--:..
<br />Nlllan Puhll(
<br />REQUEST FOR RECONVEYANCE
<br />
<br />To TRUSTEE;
<br />The undersigned is lhe holder of the no:e or nole\ ,e"ured b, fh" nccd ." rlu,l. Sllld 1l<,le or l1("lle~, IOgell1l't
<br />with all olher mdebtedness secured by 1111\ Deed of Trll'l. hB,e been "BIUII] hill Y'HI all' herd" Jlled,'d I., ,'al",'1 ,atd
<br />note or nole' and :11IS Deed of TillS!, wh"h IIlr JellVerrd herd',. ,llId fp ,,',PI1\l"'. ""hlllll ,,"rrall", all 111<' <"\1"ll'
<br />110.... held hy you under Ih" Deed "~I rrll" Illlh<' per'"11 '" "'''''"' It'~III1\ {'f1IIIll"ulht.tt'IP
<br />
<br />Dale
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