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<br />gg- 102716
<br />NON-UNIFORM COVENANTS, Borrower and Lender f'lrther covenant and agree as follo~t!'
<br />19. Acceleration; Remecliell. Lender sball lP,e notice to Borrower prior to acceleration following Borrower's
<br />breacb of any co'ellMt or qreement In this Security Instrument (but not prior to acceleration under panarapbl13 and 17
<br />UDleu IPPUcable law pro,ides otherwise). The aotice sballspecify: (a) tbe default; (b) the aetlon required to cure tbe
<br />defauJt; (c). date. nlllleu tban 30 days from tbe date the notice is Binn to Borrower, by wbicll the default mUlt be cured;
<br />and (d) that failure to cure tbe default on or before tbe date speclfled In the notice may result in acceleration of the sums
<br />sec:nRd by this Security Instrument and sale of the Property. The notice sball furtber Inform Borrower of the riptto
<br />reinstate after ac:celeratioa and the ript to bring a court actioa to usert tbe aoa-eltUtence of a default or any otber
<br />defense of Borrower to acc:eleratioa and sale. U the default is aot cured oa or before tbe date specified in tbe.notice, Leader
<br />at its option may require immediate payment In full of all sums secured by this Security Iastrwaent without further
<br />demand and may in,oke the power of sale and any other remecliell permitted by applicable law. Leader shall be eatided to
<br />collect all npeases incurred ia punulllg the remedies proYided ia thll JIlU'IKUPb 19, lacludiaKo but aot limited to,
<br />reuoaable attorneys' fees and c:osts of tide eYidence.
<br />U the power of sale is in,oked, l'rustee shall record a aotice of default ia eacb county in wbicb any part of the
<br />Property is located and shall mail copiell of IUch notice in the manner prescribed by appUcable law to Borrower and to the
<br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shalllP,e pubUc notice of
<br />sale to the persons and ia the manner prescribed by applicable law. Trustee, without demand oa.Borrower, shall sell tbe
<br />Property at public auction to the bipelIt bidder at the time and place and under the terms desipated in the aotice of sale in
<br />oae or more ~Is ad in any order Trustee determines. Trustee may postpone sale of all or any ,.rcel of tbe Property by
<br />public announcement at the time and place of any preYiously scbeduled sale. Lender or its desipee may purc:hue the
<br />Property at any sale.
<br />Upon receipt of payment of tbe priee bid. Trustee shall delinr to the purcbaser Trustee'. deed coanyiDg the
<br />Pi'Operty. The recitais in tbe Trustee's deed sball be prima facie eYidenee of the trutb of tbe statements made therein.
<br />Trustee shall appl~ the proc:eeds of tbe sale in the following order: <a> to all eltpease5 of the sale. includia&, bat not limited
<br />to, TI'lIItee's fees IS permitted by applicable law IUId reasonable attorneys' fees; (b) to all sum IeCIIreCl by this Security
<br />Instrumeat; and (c) any'eltCelII to the person or persoasleplly eatided to it.
<br />20. Leader in P.OI5eIIion. Upon acceleration under paragraph 19 or abandonmenl 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. Reconnyance. 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 coaveyance 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. Riden to this Sec:urlty IaltrwDent.. 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 boll.(es)]no Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Graduated Payment Rider
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<br />o Planned Unit Development Rider
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<br />~ Other(s) [specify] Acknowledgement
<br />BY SIGNING BELOW, Borrower accepts and agrees to the tenns and covenants contained in this Security
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<br />
<br />STATE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />County ss:
<br />
<br />On this 20 day of May ,19 88, before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Gary 1. Catlett and Roberta
<br />L. Catlett, Husband and Wife----------------------------------- ,to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the ellecution
<br />thereof to be their voluntary act and deed.
<br />Wimess my hand and notarial seal at Grand Island, Nebraska
<br />date aforesaid,
<br />
<br />
<br />in said county. the
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<br />~ ~:?, I '1 i'~. ..~..::+.. . (. .. n ,.l6 ..
<br />~~~~
<br />REQl1EST FOR RECONVEY CE .
<br />
<br />To T.USTEE:
<br />The undersigned is the holder of lhe nole or notes secured by this Deed of Trust. SaId note or notes, together
<br />with all other indebtedness sC(;ure-d b~' Ih,s Deed of Trust, have been p3ld in full, You are herd'y direcled to canccl 'aId
<br />nOle- or note~ and this Deed of Tru.t. whICh are delivered hereby, and 10 reconvey, wlthOUI warranl~, alllht' C\latc
<br />now hdd by YC'lI under thl' Dee-d of Trust 10 the penon or penom lellall\ entitled ,herem
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<br />Date-
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