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<br />88-
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<br />102680
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<br />NON.UNIFORM COVENANTS, Borrower and Lender further covenpnl and agree as follows:
<br />19. Acceleration; Remedies. Lender shall gi,e notice to Borrower prior to acceleration followinll Borrower's
<br />breacb of IOY co,enant or agreement In tbls Security Instrument (but not prior to acceleration under paralP'apba 13 and 17
<br />unJm applicable Ilw prolida otherwise). The notice sbaU specify: (I) the default; (b) the action required to cure the
<br />default; (e) a date, not lea than 30 days from the date the notice Is ginn to Borrower, by which the default must be cured;
<br />and (d) that failure to cure the default Oil or before the date specified in the notice may reslllt in acceleration of tbe sums
<br />secured by this Security lutrument IOd sale of the Property. The notice sball further Inform Borrower of tbe ript to
<br />reil!Stllte after Icceleration IIId the ript to bring a court aetion to assert the non.exlstence of a default or any other
<br />defense oil Borrower to acceleration and sale. If the default Is not cured on or before the date specified in the notice, Lender
<br />at its option may require immediate payment in full of all SUIDI secured by tbls Security Instrument witbout furtber
<br />demand IIId may in,oke the power of sale ad any other remedies permitted by applicable law. Lender sball be entitied to
<br />collect all npenses incurred In pursuing tbe remedies prolided In tbis par&lP'Iph 19, Including, but not limited to,
<br />reasonable attorneys' fees and costs of title elidenc:c.
<br />If the power of sale is in,oked, Trustee shall record a notice of default in eacb county in whicb any part of tbe
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable la", to Borrower and to the
<br />other persons prescribed by applicable law. After the time required by applicable Jaw, Trustee shall gin public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Propeny at public auction to the bipest bidder at the time and place and under the terms designated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of tbe Property by
<br />puhlic announcement at the time and place of any preYiously scbeduled sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of tbe price bid, Trustee shall deliver to tbe purcbaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed shall be prima facie eYidence of the truth of tbe statements made therein.
<br />Trustee shall apply the proceeds of the sale in the followinll order: (a) to all expenses of the 12le, including, but not limited
<br />to, Trustee's fees 8ii permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in P-ossesslon. 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 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,eyance. 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. Substitute 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 all the 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 IIIstrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security 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 part 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 />Q9 Other(s) [specify] Acknowledgement
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<br />By SIGNING BELOW, Borrower accepts and alP'ees to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
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<br />........................................................................................
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<br />..,.,~,.S..,'~..,............(SeaI)
<br />L.~.1,~j/?~ ~ .1.........,............,..,::
<br />
<br />Lisa J. Nissen ~ ~
<br />
<br />ST ATE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />CouDly ss:
<br />
<br />On this 24 day of May . 19 88 . before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county. personally came Brian 5. Norton a single person and
<br />Lisa J. Nissen a single person-----------------------------------, to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the
<br />date aforesaid,
<br />
<br />sioA~!IOIARY~lIebraska ,- % ': -, -/' 'J/'./' ,.-
<br />.~~:_~:e U:{f!:~?A,<??Z:~~~~""""
<br />Notary Public
<br />REQUEST FOR RECONVEYANCE
<br />
<br />
<br />To TRUSTEE:
<br />The undersigned is the holder of the note or notes secured by this Deed of TrllSL Said note or notes, together
<br />wilh all other indebtedness secured by this Deed of TruSl, have been paid in full, You are hereby directed tn caned ,,"d
<br />note or notes and this Deed of Trus\, which are delivered hereby. and 10 reconvey, without warranly, alllh,' c'lalc
<br />now held by you under this Deed of Trust to the person or persons legally entitled Ihereto,
<br />
<br />Dale
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