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<br />88_103501
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<br />NON-UNIFORM COVENANTS. Borrower and Lendcr further covenant and agree as follows:
<br />19. AcceleratioD; Remedies. Leader sbalI gin notice to Borrower prior to acceleration following Borrower's
<br />breach of any connaat or agreement lo this Security InstnuaeDt (but Dot prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The DOtice sbalJ specify: (a) the default; (b) the action requked to cure the
<br />default; (e) a date, Dot less dwl30 days from the date the DOtice is given to Borrower, by whidl the default must be cured;
<br />and (d) that failure to cure the default on or before the date specified in the DOtice may resclt iii acceleration of the swas
<br />IeCllred by this Security IJIItrumeIlt and lIIe of the Property. The Dotice sbalI further inform Borrower of the riRht to
<br />reinstate after acceleration and the right to bring a court action to usert the non-ll:w:lstence of a default or any other
<br />dehlde of Borrower to acceleration and w,. If the default is not cured on or before the date .pedfled in the notice, Lender
<br />at its option-may reql:lre immediate payment in full of all sumsllllC1lred by tbis Security lDItrument without further
<br />demand and may invoke the power of lIIe and any other remedies permitted by appUc:able law. Lender .hall be entitled to
<br />collect all npeDlell iac:iirred iD punulag the remedies provided in this parqraph 19, iDCluding, but not llmlted to,
<br />reuonable attoraeys' fees and eoItII of tide evidence.
<br />If tbe power of sale is iDVOked, Trustee sbalI record a Dotice of default in each county in whick any part of the
<br />Property is located and shall mall copies of sucb notice in the mauaer prescribed by applicable biw to Borrower and to the
<br />other penoDS prescribed by applicable law. After the time required by appUcable law, Trustee sball Rive public notice of
<br />lIIe to the persons and in the manner prescrlbecl by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public anction to the bighest bidder :;at the time and place and under the terms desllPllted in the notice of lIIe lo
<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 previously scheduled sale. Lender or its desilPIee may purchase tbe
<br />Property at any ale.
<br />Uptln receipt of payment ofthe price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals lo the Tl'\IIte;l's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the iIle in the following order: <a) to all expenses of the 1IIe, including, but not limited
<br />to, TI'lIItee's fees II permitted by applir.able law and reuonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrllment; ud (c) any Rc:esa to the penon or penonsleplly entitled to it.
<br />20. Lender in P.OlIIeIIloD. Upon acceleration under paragraph 19 or abandonment of the Propeny, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, lake possession of and manage the
<br />Propeny and to collect the rcnts of the Property including tho~ past due. Any rents collected by Lender or thc receiver
<br />shall be applied first to payment of the costs of management of thc 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,
<br />:no Reconveyance. Upon payment of all sums secured by this Security Instrument, Lendcr shall request Trustee to
<br />reconvey Ihe Propeny and shall surrender this Security Instrument and all notes cvidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Propeny 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. SU....tnte Trustee. Lender, at its option, may from timc to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hcreunder by an instrument recorded in the county in which this Security Instrument is recorded.
<br />Without conveyance of the Propeny, the successor trustee shall succeed to all the title. power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. ReqMIt for Notices. Borrower requests that copies of the nolices of default and sale be sent to Borrower's
<br />address which is the Pr~y Address.
<br />24. Riden to this Security Instrument. If one or more ridcrs are cxecuted by Borrower and recorded together with
<br />this Security Instrument. the covenants and agreements of each such rider shan 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 Fsmily 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 />[]J Other(s) [specify] Acknowledgement
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<br />BY SIGNING BELOW, Borrower accepts and qrees to the terms and covcnants contained in this Security
<br />Inslrument and in any rider(s) executed by Borrower and recorded with iI,
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<br />........................................................................................
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<br />{~~~..l2?.:..ik..61:i:41.d~.......(Seal)
<br />Christine IVI. Gebhard -...........
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<br />........................................................................................
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<br />............,................................. ......, ....... ...................... ......(Seal)
<br />-...........
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<br />ST A. TE OF NEBRASKA..
<br />
<br />Hall
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<br />COUnly 55:
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<br />On this 29 day of June ,19 88, before mc, the undcrsigncd, a Notary Public
<br />duly commissioned and qualified for said county, personally camc Christine M. Gebhard, a single
<br />person ---------------------------------------------------------- ,to me known to be the
<br />
<br />Identical person(s) whose name(s) are subscribed to the forcgoing inslrumcnt and acknowledged the execution
<br />thereof to be her voluntary act and deed,
<br />Witness my hand and notarial seal at Grand Island I Nebraska in said county. the
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<br />::' :~::" "pl,~ bI::=';,.=EIJ.tk~ilf ,1:14;,,& . . .. . . .. .
<br />NOlary Public
<br />REQUEST FOR RECONVEY ""NeE
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<br />To TRUSTEE:
<br />The undersillned is the holder of the note or notes secured h~ Itm Deed nl Trusl. Said Ill'le or nOles, tll~elhl'l
<br />with all olher IDdebledness se.ured b~ this Deed 01 Tr .HI, ha\C heenl"a1d III full You are herehy directed In can,-l'i 'aid
<br />note or nOles and this Deed of Trust, which are dell'ered hrrrh~, amI 10 rrl'Oll'eV, ",thoul "arrnnl\. all th,' ,.'tall'
<br />now hrld hy ~ou under ttm Deed of Trust 10 Ihe per"'" '" P""",1\ kgl1l1~ ",\tIlled Ihereto
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<br />Dale
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