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<br />NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree as fOIlO!~ - 1 039 5 S
<br />19. Ac:celentloa; Remedies. Leader IbaII Illn notice to Borrower prior to _leration following Borrower's
<br />lr!'ClIda of..y connat or qreement In tIdI SecurIty Instnuneat (bnt not prior to acceleration uilder parqrapha 13 and 17
<br />.... 8JIIIIkalIIe law proYl... otberwlle). The notIee sball spedty: (a) the default; (b) the action required to eIIn the
<br />defuIt; (e) a date, IIOC _ tIIu 30 days from the date the notice Islll,en to Borrower, by wblc:b the default mlllt be cured;
<br />ud (d) tbat faIIare to eve the defult on or befon the date lpedlled In thenotlc:e may result In acceleration of the _
<br />IeClU'ed by tIdI SecurIty latrwaent and sale of the Property. ne notice shall further inform Borrower of tbe ript to
<br />reinstate Ifter _leratioa ad tile rlpt to brilq: a court action to ~ tile non-exlstence of a default or any other
<br />deIaM of Borrower to _Iention and A1e.Utbe default fa not cured OP or before tbe date lpedlled iD the notice, Lender
<br />at ita optioD may require Immediate payment In fall of all 1I11III seeured by tIdI Seeurlty IlIItrUment wltbout, further
<br />demand ud may IntOke the power of sale and uy other remedies permitted by applicable law. Lender sbalI be entitied to
<br />collect all upeuea iDeIIJ'red In purauiDg the remedies proYIded In this paragrapb 19, Ineluding, but not limited to,
<br />-"Ie attonle)'I' fees ad COllI of tide nideKe.
<br />If tile power of ale Ii IntOked, TI'lIItee IbaIl record a notice of default In eacb county in wbleb any part of the
<br />Property fa Ioeated ad sball,lUIJ copies of such notka In the manner prescribed by applicable law to Borrower ud to the
<br />uther penotll ~bed by applicable law. After the time required by applicable law, Tl'llltee sball flite public notice of
<br />ute to the peI'RU ud In the manner prescribed by applicable law. Trustee, wltilout demand on Borrower, sball sell the
<br />Property at public: amlon to the hipest bidder at tbe time and place and under the terms delllIJIlIted In the notice of sale in
<br />oue or more parcell and In any order Trustee determines. Trustee may postpone sale of all or uy parcel of the Property by
<br />public: IIUIOllIICemeat at the time and place of any preYlolllly scheduled sale. Lender or Its designee may purchase the
<br />Property at..ysale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Tl'llltee's deed conveying tbe
<br />Property. The recilals Ia tile TI'lIItee's deed sball be prima facie eYldence of the truth of tbe statements made therein.
<br />TI'lIItee IbaII apply the proceeds of the sale In the followlnfl order: (a) to all expenses of the sale. including, but not limited
<br />to, Trustee's fees . permitted by appllca1lJe law and reasonable attorDe)'l' fees; (b) to all sums seeured by this Seeurlt)'
<br />lutrumeat; ad (c) uy ex_ to the penon or penons lepII)' entitled to It.
<br />20. Leader In 1'-'011, Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />penon, by lIIent or by judicially appoinled receiver) shall be enlitled 10 enter upon, lake possession of and manage the
<br />Property and to collecl Ihe rents of the Property including Ihose past due. Any rents collected by Lender or the receiver
<br />shall be applied lint to payment of the costs of management of the Property and collection of rents, including, but nOI
<br />limited to, receiver's fees. premiums on receiver's bonds and reasonable allomeys' fees, and then to the sums secured by
<br />this Security Instrument.
<br />Zl. RCCOIl'eyuce. Upon payment or all sums secured by Ihis Security Instrumenl. Lender shall request Trustee 10
<br />reconvey thc Propcny and shall surrender Ihis Security Instrumenl and all notes evidencing debl secured by this Securily
<br />Instrument 10 Trustee, Trustee shall reconvey Ihe Propeny withoul warranly and without charge to the person or persons
<br />legally entitled 10 it. Such penon or penons shall pay any recordation costs,
<br />ZZ. SuI.tlhate Trustee. Lender. al its option. may from time to time remove Truslee and appoint a successor trustee
<br />10 any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded,
<br />Without conveyance of Ihe Propeny, Ihe sUCCCSlllr trustee sball succeed 10 all the litle. power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />%3. ....... for Nodc:ea. Borrower requests Ihat copies of tbe notices of default and sale be scnt to Borrower's
<br />address which is the Property Addreu.
<br />14. RIWI ha .... SecurIty ~L If one or more riden are ellecuted by Borrower and recorded togetber with
<br />this Security Instrument, the covenants and qreemen15 of each suc:h rider shall be incorporated into and shall amend and
<br />supp1ement the covenants and agreements of this Security Instrument as if the rider(s) were a pan of this Security
<br />Inslrument. (Chcc:k applicable boll(es))
<br />o Adjllltable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Graduated Payment Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />(2l Other(s) (specify) Acknowledgment
<br />
<br />By StONING BELOW. Borrower accepts and agrees to the lerms and covenants contained in Ihis Security
<br />Instrument and in any rider(s) ClIecUted by Borrower and recorded with it.
<br />
<br />......Q,~.....~,....J.~....,........,.............(SeaI)
<br />
<br />Douglas R. Schuet t , ---
<br />
<br />,...,.1)~,..:5l,:...J:c.~....,....,.(Sca1)
<br />8ev~;I~"l.."SJ~uet t ---
<br />
<br />STATE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />County ss:
<br />
<br />On Ihis 14 th day of J ul y ,19 88 , before me, Ihe undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Douglas R. Schuett and
<br />Bever 1 y L. Schuett. Husband and Wife. to me known to be Ihe
<br />Idcnth:a1 person(s) whose name(s) are subscribed 10 the foregoing instrument and acknowledged Ihe execulion
<br />thereor 10 be the i r voluntary aCI and deed.
<br />Witnns my hand and notarial seal at Grand Island, Nebraska in said county. the
<br />date aroresaid.
<br />
<br />
<br />/J ".. , W /Y1c:.~
<br />~......~..~.'.J..............................
<br />NOlan Public
<br />EQUEST FOR RECONVEYANCE '
<br />
<br />To Till
<br />The undeniined is Ihe holder or Ihe nole or nole' ,ecured by Ih.. Deed or Trus.. SaId nOle,Qr nOl<"5, lo~elher
<br />"'ilh all olher indeblednen ""ured by' Ih.. Deed of Trml, have been paid," full. You are herehy dire"ed fo <an<<'1 'dIU
<br />nOle or nOles and lhis Deed of Trusl, whICh arc dehyered hereby, and to reconvey, ","hoUl "'arrant \ , all Ihe ""air
<br />now held b) you under Ihis Deed of Tru'l 10 Ihe """on or per.om legally enlllled Iherelo
<br />
<br />Dale:
<br />
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