<br />88- 102494
<br />
<br />NON. UNIFORM COVENANTS. Borrower and Lender further covenanl and agree as follows:
<br />19. Aectl.ratloa; Remedies. Leader IhaII gin notiee to Rorrower prior to acceleration foUowing Borrower's
<br />breacb of any cotenant or qreement In tbtl Security lIII1rument (but not prior to aeeeleradon under JW'III'8IIIII13111d 17
<br />u.... applleable law pro\idel otbenrile). The aottee sullspecify: (a) the default; (b) the actton required to cure the
<br />default; (e) a date, not 1_ tbaD 30 da)'l from the date the notice isli"n to Borrower, by wbleb the default must be cured;
<br />IIId (d) tut failure to eurli tbe default on or before the date specified In the notice may rault fn ac:eeleratlon of the .UIIII
<br />HClIred by this Security lutrument and sale of the Property. Tbe notice shall furtber inform Borrower of tbe ript to
<br />rel....te after acceleration and tile ript to bring a court aetioD to lIIHrt tbe non-ex!IteDee of . default or any other
<br />clefeDle of Borrower to acceleration and sale. If the default is not cured on or before tbe date specified iD the notice, Leader
<br />It Its option may requfre Immediate payment In full of all SWDI sec:ured by this Security lutrumeat without further
<br />demud and mlY In,oke the power of we ud any other remedies permitted by Ipplicable law. Lender IhaII be eatitJed to
<br />coJlect ail expetllel Incurred fn punuing tbe remedies pro,lded in tbtl paragrapb 1!J, Incluillng, but not limited to,
<br />reuoaabJe attomey.' fees and COItI oftltJe "Idence.
<br />If the power of sale Is lnyoked, TrustH IhaII record a aotlee of default I... . z::!! wunty In wi1icla any part of die
<br />Property Is located and slWl mail copies of sucb notice in the IIWUIer prescribed k' ;.,;;iil.' lble law to Borrower and to the
<br />other persolll prescribed by appliclble I.w. Alter tbe time required by applicable Ia..., Trustee sbaU lin pllbLlc aotic:e of
<br />sale to the persons and In tbe manner prescribed by applicable law. TrustH, wi~hOllt demand on Borrower,lhaII seD the
<br />Property at publle auct:lon to tbe blpest bidder at tbe time 8IId place ..d under the terms designated ill the DOtiee of sale in
<br />one or more pareels 8IId in any order Trustee determlDeS. Trustee may postpone sale of all or uy parcel of tile Property by
<br />public annOllneement It tbe time 8IId plaee of 8IIY preriously scbeduled sale. Lender or its desigaH may purdIue tbe
<br />Property at u~ sale.
<br />UpoIl receipt of payment of tbe priee bid, TrustH IIball deUyer to the purcbuer Trustee'. deed c:onYeyiJIg the
<br />Property. The recitals In the Trustee's deed IIball be prima fade eridence of tbe truth of the statements made therein.
<br />Trustee .ull apply the proeeeds of the sale in tbe following order: Ca) to all e:qlell5eS of the sale, iDducliag, but BOt liIIIited
<br />to, Tl'1IIItee's fees u permitted by appUable law ud reuoaable attorneys' fees; (b) to all SlIIIIS secured by tlis Secarity
<br />IlIItrument; and (c) uy exceu to tbe penon or persons legany entitled to iL
<br />20. Lender In P.oaesslon. Upon acceleration under paragraph 19 or abandonment of the Propeny. Lender (in
<br />person, by agent or by judicially appoinled receiver) shall be entitled 10 enler 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 receiver
<br />shall be applied first 10 paymenl of the costs of management of the Property 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. Rec:onYeYanc:e. Upon payment of all sums secured by this Security Instrument. Lender shaJI request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by lhis Security
<br />Instrument 10 Trustee. Trustee shall reconvey the Property without warranly and without charge to the person or persons
<br />legally entilled 10 it. Such person or persons shall pay any recordation costs.
<br />22. Su.tltute Trustee. Lender, at its option, may from time to time remove Trustee and appoinl a successor trustee
<br />to any Trustee appointed hereunder by an instrumenl recorded in Ihe counly in which this Security Instrument is reoonied
<br />Withoul conveyance of the Property, tli" successor trustee sban succeed 10 all the title, power and duties confem:dupon
<br />Trustee herein and by applicable law.
<br />23, R.... for Notica. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />24. Riden to this Seauity IlIItrumeIlt. If one or more riders are elleculed by Borrower and reconicd fOI'elher with
<br />Ihis Securily Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend aDd
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a pan of this Security
<br />Instrument. [Check applicable boll(es))
<br />o Adjuslable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Gradualed Payment Rider 0 Planned Unit Development Rider
<br />
<br />tJ Olher(s) [specify) Acknowledgement
<br />
<br />By SIONING BELOW, Borrower accepls and agrees 10 the lenos and covenants contained in this Security
<br />Instrument and in any rider(s) ellecuted by Borrower and recorded with it.
<br />
<br />............................................................................,...........
<br />
<br />~~....l),.......f?.~................(SeaJ)
<br />
<br />Ernest O. Brooks ~
<br />
<br />~:.f:;~~.~...a.,:...f3..~,........,..,(Seal)
<br />
<br />Patricia A. Brooks ~
<br />
<br />........................................................................................
<br />
<br />ST^TE Of NEBR^SKA.
<br />
<br />County ss:
<br />
<br />On Ihis 6th day of May, 1988 , before me. lhe undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Ernest O. Brooks and Patricia
<br />A. Brooks, Husband and Wife . to me known to be the
<br />identical person(s) whose nlme(s) are subscribed to Ihe foregoing inslrument and acknowledged the execution
<br />thereof to be their volunlary acl and deed.
<br />Wilness my hand and notarial seal lit Crand Island, Nebraska in said county. the
<br />dale aforesaid.
<br />
<br />My Commission expires:
<br />
<br />J:5IJIlMlIIIAIY.III\t.. "llka
<br />C,L !CAlK/I
<br />~ flu. EJ" lIIc. ~ 100B
<br />To TRUSTEE:
<br />The undersigned is the holder or the nOle or lIoles secured by this Deed llr rrust Said 1I11ll' III Ill>ll", llllll"tll'r
<br />Wllh all other IlIdebtedness ,ecured by IllIS Deed or Trusl, have been p:ud in rull \'ou art' held" "U'Cl'll'd III '"IlI1"l'! "lid
<br />flOle or nOles and this Deed or Trllsl, whICh life delivered hereby, and In rCClllI\ley, wHhlltJI "'1111(\111\. allthl' <',Inll'
<br />110W held by you under 111lS Deed or TIUsl 10 lhe person or J'l'I""'" lCIIUIl\ cl1l1llcd ttWICh'
<br />
<br />(2, ;2..., k~.
<br />..,.,.......',.,'.'..',.,.............~~.......,........
<br />
<br />NOlan Publh:
<br />REQUEST FOR RECONVEY ANCE .
<br />
<br />Dale
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