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<br />88- 102617
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<br />NON.UNIFORM COVENANTS, Borrower and Lender further covenanl and agree as follows:
<br />19. Aeulenltion; RellledJa. Leader IbaIlp.e notice to Borrower prior to acceleration followlnl Borrower'.
<br />breac:b of uy COYClWlt or agreement In tills Security IIIItrumCllt (but not prior to acceleration IIlIder parqrapba 13 uti 17
<br />ual_ applicable law pron" otbenriael. Tbe notice sIIaII specify: (a) tile default; (b) tbe action required to cure tile
<br />default; (c) a date. not leal !ball 30 days from tile date tile notice Is p.en to Borrower, by which tile default must be cured;
<br />ud (ell dult failure to cure tile default Oll or Mfore tile date spedfted in the notlee may result In acceleration of tbe SUDIS
<br />secured by tills Security Instrumtilt ud ~1I:l of the Property. The notice shall further Inform Borrower of the' ript to
<br />reillsta~ after acceleration and tile ript to briDlI a court actlon to assert tile non.exlstence of a defaul~ or any other
<br />defense of Borrower to aeceleratioo and sale. If tile default Is not cured on or before the date specified in tile notice, Lender
<br />at ita option may require immediate payment in full of all SUIDI lleCured by tbls Security InstnuaCllt wltllout further
<br />lHmudand may in.oke the power of sale ud uy otber remedia permitted by applicable law. Lender sbaII be entitled to
<br />collect all expenses incurred In pursuina the remedies prodded In this pmIgraph 19, Ineludlng, but not limited to,
<br />reasonable attorneys' fea ud cOlts of title endenee.
<br />If the jIOwer of sale I. in,oked, Trustee shall record a notice of default in each county m which uy part of the
<br />Property Is located ud sbaU mall copies of such notice in tile lIWUIer prescribed by applicable law to Borrower ud to tile
<br />other penons prescribed by applicable law. After the time required by applicable law, Trustee IbaIlII,e public notice of
<br />sale to the perlOns ud In the muner prescribed by appllcahle law. Trustee, without demud on Borrower, shall sell the
<br />Property at public auction to the blpest bidder at tile time and plnce and under tbe terms deslllJlllted in tbe notice of sale In
<br />one or more parcels and In any order Trustee determines, Trustee mr;y postpone sale of all or any parcel of tbe Property b)
<br />public unouncement at the time and place of any prenously scheduled sale. Lender or its designee may purc!iue the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall dell,er to the purchaser Trustee's deed conveying tbe
<br />Property. The recitals in the Trustee's deed sball be prima facie evidence of the truth of the statements made therein,
<br />Trustee shall apply the proceeds of the sale in the following order: (al to all expenses of the sale, including, but not limited
<br />to, Trustee's fees as permitted by applleable law and reasonable attorneys' fees; (b) to all sums ,"ured by this Security
<br />InEtnlment; and (e) uy QeesI to tbe person or perlOns legally entitled to It.
<br />20. Lender in P.ossession. 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 receiver
<br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but cot
<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. Reconveyance. 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 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 />22. Subltltute Trustee. 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 alllhe title, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. 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. Riders to this SecurIty IIIItrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security Inslrument, the covenants and agreements 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 part of Ihis Security
<br />Instrument. [Check applicable box(es)]
<br />o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
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<br />o Graduated Payment Rider
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<br />o Planned Unit Development Rider
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<br />i;l Other(s) [specify] Acknowledgement
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<br />BY SIGNING BELOW, Borrower accepts and agrees to the tenns and covenants contained in this Security
<br />Instrument and in any rider(s) ellecuted by Borrower and recorded with it.
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<br />...D~f!s~~~~........,...............~
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<br />STATE OF NEBRASKA.
<br />
<br />Hall
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<br />County ss:
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<br />On this 20 day of May ,19 88, before me, Ihe undersigned, a NOlary Public
<br />duly commissioned and qualified for said county. personally came Carl E. Hagan and Doris E.
<br />Hagan, Husband and Wife --------------------------------________ ,10 me known 10 be the
<br />identical !>>Crson(s~hwltose name(sl are subscribed to Ihe foregOing instrument and acknowledged lhe execution
<br />thereof to be elr voluntary act and deed.
<br />Witness my hand and notarial seal al Grand Island, Nebraska in said couOly. the
<br />date aforesaid.
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<br />M'c'I.L...==tL0J!.~d~HHHH
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<br />..CIIIIL...... EST FOR RECONVEYANCE ry Public
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<br />To TRUSTEE:
<br />The undersigned i. the holder of the note or note. secured by this Deed or Trml, SaId nOle or nOles, logelher
<br />.,.,ilh all olher indebtedness secured by this Deed ofTrusl, ha\'e been paid ,n full, You are hereby dtre<ted 10 ,an<c1 sa,d
<br />nOle or not~ and this Deed of Trusl. which are delivered hereh~. and to re<oO\e\. ""hout "arr;;nt~, alllh,' l','alc
<br />nolO held by you under thIS Deed of Trusl 10 Ihe person or per",", legalh enrllled Iherelo
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<br />Dale
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