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<br />88......
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<br />102650
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<br />NON.UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows:
<br />19. Ac<:eleratloa; Remedies. Lender shall Ii" notice to Borrower prior to acceleration followiDl Borrower'lIl
<br />breach of any coyenlUlt or qreement in this Security Instrumert (but not prior to acceleration UDder parqrap11113 and 17
<br />ualeu appUcable Ilw pro'rides othenrile). The notice shall lpecify: (I) the deflult; (b) the acdoa required to CIII1! the
<br />deflult; (c) I date, not leu thu 30 da)'l from the date the notice is "yen to Borrower, by wblcb the deflult mUlt be cured;
<br />and Cd) tllat failure to care the defmalt on or before the date IIJIClfteclin the notice may result in acceleration of tbe IUIDS
<br />seclU'ecl by this Secarit)' IMtr'Im1ent and Ale of the Property. The notice shall further Inform Borrower of the rlpt to
<br />reiutate after acceleration ~ the rlpt to brIq a court actIoa to lIIlRI1 the Ilon-emteace of a default or any other
<br />defellM of Borrower to accderatlon and Ale. If the default is not cured on or before the date specified in the notice, LencIer
<br />It ill optioa may require immediate payment in full of a111WD1 lIKurecl by this Security Instrument without further
<br />demand ud may Inl'ote the power of Ale and any other remedies permitted by applicable lJIw. Lender sbaU be elltided to
<br />collect all expen.teI lncarred in pumalna tile remedies pro'ridecl In this JIII'III'IIIb 19, IncludiDa, but IlOt limited to,
<br />reuouble attorneys' fees and COlts of title e'rideace.
<br />If the power of sale II inl'oked, Tnmee sbaU record a notice of default iD eaeb county in wblch any part of the
<br />Property is located IIIId shall mail coplel of IUCb notice iD the manner prescribed by applicable law to Borrower aa4 to the
<br />other pel'lOlll prescribed by applicable law. After the time required by applicable Jaw, Trustee sbaU gil'e public n.otic:e of
<br />sale to tbe penons and In the manner prescribed by appUcable Jaw. Trustee. without demand on Borrower, sbaU RII the
<br />Property at pubUc auction to the hlpat bidder at the time and place and under the tenns delipated in the notice of ale ill
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public announcement at the time and place of any pre'riously scheduled sale. Lender or its desipee may pardIaIe the
<br />Property at any sale.
<br />Upon receipt of payment of the plice bid. Tnutee shall c1eUl'er to the parc1Iaser Trustee's deed CODl'eyiq the
<br />Property. The recitals in the Trustee's deed shall be prima facie el'idence of the truth of the statemeats IIUIde therein.
<br />Trustee shall apply the proceecII of the sale in the folloma order: Ca) to all npellleS of the ale, iDcladia& at not limited
<br />to, Trllltee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all -- secured by this Secllrity
<br />Instrumellt; and (c) aay eJ:cess to the penon or penons legally eatitled to it.
<br />111. Lender in P.oaeulon. Upon acceleration under paragraph 19 or abandonment of the Propeny. Lender (in
<br />person, by agenl or by judicially appomted receiver) shall be entitled to enter upon, take possession of and manage the
<br />Property and to collect Ihe rents of the Propeny including those past due. Any rents collected by Lender or the receiver
<br />shall be applied first 10 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.
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<br />21. Recoal'eyance. Upon paymenl 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 />Inslrument to Trustee. Trustee shall reconvey the Property without warranty and withoul charge to the person or persons
<br />legally entitled to it, Such person or persons shall pay any recordation costs.
<br />11. Subltitute 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 m which this Security Instrument is recorded.
<br />Withoul conveyance of the Property, the successor trustee shall succeed to all the title. power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />13. RlllIMGt for NoticeI. Borrower requests that copies of the notices of default and sale be sent to BolT01l'er's
<br />address which is the Property Address.
<br />14. Riden to tbiI Sec:lIrity IDItrIuMDL If one or more riders are executed by Borrower and recorded together with
<br />this Securi1y Instrument, 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 pan of this 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 />g Other(s) [specify] Acknowledgment
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security
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<br />'~'=':'~.::=')=:.:~~7~L..C....~...m..._)
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<br />John C. Hansen --'iloI'ra.er
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<br />1I.~.....~::...,tI..~..........(Seal)
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<br />Stephanie L. Hansen ~
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<br />ST A TE OF NEBRASKA,
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<br />Hall
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<br />County ss:
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<br />On this 17th day of May ,19 88. before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said coumy, personally came John C. Hansen and
<br />Stephanie L. Hansen, Husband and Wi Fe , 10 me known 10 be the
<br />identical person(s) whose name(s) are subscribed 10 the foregoing instrument and acknowledged the execulion
<br />thereof to be their volunlary' aCI and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the
<br />dale aforesaid.
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<br />My Commission expires:
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<br />To RtJST :
<br />The undersigned is the holder of the nole or nOles secured by this Deed of Trust Said note or nOle,. 1"~l'lht'T
<br />with all olher indebtedness secured by IhlS Deed of Trusl, have been paid ,n full. You arc heTCb\ dlrl,,'tl'd I" d\fl",'1 '''Id
<br />nole' or nOles and thIS Deed of Trust. v,hich are delivered hereby, and 10 rccom'ey. "llhoUI "arrl\fll\. "lIlhe ..,t"",
<br />now held by you under this Deed of Trusl 10 Ille pe"on Ot pc"om lellally enlllled lhert.to.,
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<br />s, /992.a~..w.~..(!J.~~
<br />NOlO'" Publl<
<br />REQUEST FOR RECONVEY A.NCE '
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<br />Dale
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