|
<br />NON. UNIFORM COVENANTS, Borrower and Lender further covenanl and agree as fOIlV!;-- 1 0 3 9 4 0
<br />19. Acceleration; Remedlell. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />hreach of any connant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provldell otlierwlse). The notice shall specify: (a) the default; (b) the action required to cure the
<br />default; (c) a date, not less than 30 days from the date the notice is given 10 Borrower, by which the default must be cured;
<br />and Cd) that fallure to cure the default on or berore the date specified In the notice may rellult In acceleration of the sums
<br />secured by this Security Instrumelit and sale of the Property. The notice shall further Inform Borrower of the right to
<br />reinstate after acceleration and the righl to bring a court action to assert the non-exislence of a default or any other
<br />defense of Borrower to acceleration and sale, If Ihe default Is not cured on or before the date specified In the notice, Lender
<br />at Its option may require immediate paymenl In rull of all sums secured by this Security Instrument without further
<br />demand and may Invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in punulng the remedies provided In this paragraph 19, Including: but nol limited to,
<br />reasD:.able attorneys' fees and CDlts of title evidence.
<br />If the jiii",,; of sale is invoked, Trustee shall record II notice of default In each county in which any part of the
<br />Property is located and shall mail copies of such notice In the manner prescribed by applicable law to Borrower and to the
<br />otber persons prescribed by applicable law. After Ihe time required hy applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Truslce, without demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder al the time and place and under Ihe terms designated In the notice or sale In
<br />one or more parcels and In any order Truslee delermlnes. Trustee may poslpone sale of all or any parcel of Ihe Property by
<br />public announcement allhe time and place of any previously scheduled sale. Lender or ils designee may purchase Ihe
<br />P;operty at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall dellver to the purchaser Trustee's deed conveying the
<br />Property, The recitals in the Trustee'. deed .hall be prima facie evidence of the truth of the statements made Ihereln.
<br />Trustee .hall apply the proceetb of the sale in Ihe following order: (a) to all expenscs of the sale, including, but not limited
<br />10, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) 10 all sums secured by this Security
<br />Instrument; and (c) any excess to Ihe penon or persons legally entitled to it.
<br />20, Lender in Pouesslon. Upon acceleration under paragraph 1'1 or abandonment or tbe Property, lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage tbe
<br />Property and to collect Ihe rents of tbe Property mcluding those past due, Any rents collected by lender or lhe receiver
<br />shall be applied first to payment of the costs of managemem of Ihe Property and collection of rems, including, bUI not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable allomeys' fees. and then 10 the sums secured by
<br />this S::curily Instrumenl,
<br />21. Rec:onYeyance. Upon paymenl of all sums secured by thiS Security Instrument. lender shall request Trustee to
<br />reconvey the Property and shall surrender Ihis Security In'trument and all notes evidencing debt secured by this Security
<br />InSlrumentlo Trustee, Trusl"" shall reconvey Ihe ProperlY Wilhoul warranly and Wllhout charge 10 the persoll or persons
<br />legaUy entitled to it. Such person or persons shall pay any recordallon costs,
<br />ZZ, Subltllute Trustee, Lender, alllS opl1on, may from lime 10 lime remol'c Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrumenl recorded in Ihe coumy III wbich this Security Inslrumenl is recorded.
<br />Without conveyance of the Property, Ihe SUCCe'lsor lrustee shall sllcceed to 1111 the IItle. power and duties conferred upon
<br />Trustee herein and by applicable law,
<br />13. Request for Notices. Borrower requc:sts that copies of the notices of default and sale be sent 10 Borrower's
<br />address which is the Property Address,
<br />U. Riden to this SecurIty Instrument. If one or more nders are e.ecuted by Borrower and recorded together with
<br />this Security Instrumenl, the eovenanls and agreements of each such rider shall be incorporated into and shall amend and
<br />supplement the covenants and agreements of thIS Secunly Instrument as if the nder(s) were a part of this Security
<br />Instrument. [Check applicable bo.(es)\
<br />o Adjustable Rate Rider 0 Condomllllum Rider 0 2-4 Family Rider
<br />
<br />
<br />o Graduated Payment Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />o Other(s) [specify]
<br />
<br />By SIGNING BELOW, Borrower acceplli and agrees to lhe lerms and covenanls contained III Ihts Security
<br />Instrument and in any rider(s) executed by Borrower and recorded wuh it,
<br />
<br />
<br />~ri~~~d
<br />
<br />
<br />"~~""""""",,,,(Seal)
<br />Al ta Bruce -8<>""....,
<br />
<br />d d(Seal)
<br />-Borrower
<br />
<br />STATE Of NEBRASK!\.
<br />
<br />Hall Cnllnt~. '"
<br />
<br />On this 15th day of July .1'1 88 , hdnre me. Ihe IllIlJer"gned, a NOlary ['noh,
<br />duly commissioned and qualified for said county, prr"lIIally cam,' Roger D. Bruce and Alta Bruce. each
<br />in his and her own right, and as spouse of each other, ,In me klll"'" In hnllL'
<br />identical pcr5on(s) whose namc(s) arc..~ 'iub,crihcd In the forcgl)in~ in'lIUmcllt unu acknowledged Ihl' l'\Cl.:ulUlIl
<br />thereof 10 be the i r I'olunlary act and deed, 7
<br />Wilne" my hand and notarial \eal at Grand Island, ~<!brask ~d C,""I1Y. rhe
<br />date aforesaid, " a' /
<br />
<br />My Commission ",,,ires; q_/~ i? / ~.,~ ~.,' ~~
<br />
<br />r&~mJ ~L_.j'n'.~"",n' Nu~:C;:';,;"d ~
<br />
<br />To T"I'~nl ,*=.. ........ .
<br />
<br />The undcnigncd l'- The hnlder llf the nntl" 01 11011:' 1,1..'1.:lIleJ h\ !Ill'. ()n'd III 1 tiP" ~lld 11\11[' or n\lU.'~. Illl,!l'lht"1
<br />'" uh LIU nthe. mdt'hlcdn('l;.r" 10("" IHl-d 11\ th1\ On'J nl" 1 r u"'l. }1,jJ\ (" bt't:n r.l1d 111 Ildl '\ illl ;lIl' Ilt'rt'b, ~IIT l'\ r l'd t I' .. ;lIh ~'I ~.Ild
<br />nnlt' or 1101c\ and lhl\. D'i.'l'd of fru'i.l. \\ hlL h ;Ul' <.11.'11\ nnl hnt"1n. .H,J tl' tl'~ 1'11\ L'\. \\ Ilhtllll l\ ,II r .lllt \. ,tll r hI \' 1,Ill
<br />no", held h'r \'n\) under rtll\ Ikt'd 111 lnl" 1(1111<: pn"pll lit pn..llll'. kr.tlh C!llllkd r!1I'II""
<br />
<br />()iJl("
<br />
|