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88- NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The notice sball specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrowe~, lIy which tbe default must be cured; and (d) that fallure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice sball further inform Borrower of the right to reinstate after acceleration and the right to bring Ii court action to assert the non-existence of a default or any other defense of Borrower to acceleration IIDd sale. If the default is not cured on or before tbe date speciSed in the notice, Lender at its option may require immediate payment in !ull of all sums secured by tbis Security Instrument without further demllDd and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in tbis paragrapb 19, Including, but not limited to, reasonable attorneys' fees IIDd costs of title evidence. If the power of sale Is' Invoked, Trustee sball record a notice of default in each county in which any part of the Property is Imlated IIDd shall mail copies of such notice in the mllDner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law. Trustee shall give public notice of sale to the persons IIDd in the mllDner prescribed by applicable law. Trustee, without demand on Borrower, sball sell the Property at public auction to tbe bighest bidder at the time and place and under the terms designated In the notice of sale In one or more parcels and in IIDY order Trustee determines. Trustee may postpone sale of all or IIDY parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee sball deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall hi! prima facie evidence of tbe truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees 8S permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Lender in Poossession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. :no Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall requesl Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by Ihis SecurilY Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices, Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)] xKJ Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider 103607 o Graduated Payment Rider o Planned Unit Development Rider xti[] Other(s) [specify] Acknowledgement By SIGNING BELOW, Borrower accepts and agrees 10 the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. ........................................................................................ ............,........................................................................... STATE OF NEBRASKA, HALL County ss: On this 2Bth day of June , 19 BB duly commissioned and qualified for said county, personally came Susan Schimmer identical person(s) whose name(s) are subscribed [0 the Foregoing thereof to be t hei r voluntary aCI and deed, Witness my hand and notarial seal at Grand Island date aforesaid. , before me, the undersigned, a Notary Public Timothy J. Schimmer and , 10 me known to be the instrument and acknowledged the execution in said county, the L My Commission expires: J:lBlRAL IlfMY-StaIt of II!nsb IIAlIGARfT Il OOJ..II Itr CClllIm. E1p. II/y 2. ,. . . .~ ~~~ . :.4:?~~t.1.n : . . .'!('1.<<:.::~ .~ ~. . . . . . I Notary Publk REQUEST FOR REeD EY Al>lCE To' The undersigned is the holder of the note or notes secured by this Deed of Trust. Said nOlc or IHlIc'S, lO~clhc, with all other indebtedness secured by this Deed of Trusl, have been paid in full. You arc hcrc'by dircelc'd 1" e'lIKcI saill note or noles and this Deed of Trusl, which are delivered hereby. and 10 rceonvey, \\;lhoUI \\arranl\., "lIthc cslatc now held by you under this Deed of Trust 10 Ihe perSflll or pcrsons le~ally clllillcd Ihcrcl". Dale: