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<br />NON. UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows:
<br />19, Acceleration; Remedies. Lender sball give notice to Borrower prior to accelerlition following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise), The notice shall specify: (a) the default; (b) the action required to cure the
<br />default; (e) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be curedj
<br />and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall further Inform Borrower of the right to
<br />reinstate aftllr acceleration and tbe right to bring a court action to assert the lion-existence of a default or any other
<br />defense of Borrower to acceleration and sale, IUhe default is not cured on or before the date specified In tbe notice, Lender
<br />at its option may require Immediate payment In full of all sums secured by this Security Instrument without further
<br />demand and may invoke tbe power of sale and any other remedies permitted by applicable law. Lender sball be entitled to
<br />collcct all e:rpenses incurred In pursuing the remedies provided in tbis paragraph 19, including; but not limited to,
<br />reasonable attorneys' fees sod costs of title evldenee,
<br />If the power of sele Is Invoked, Trustee sball record a notice of defalllt in eacb 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 tbe
<br />other persons prescribed by appllcllble law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to tbe persons and in tbe manner prescribed by applicable law, Trustee, witbout demand on Bllrrower, shall sell the
<br />Property at public auction to tbe highest bidder at tbe time and place and under the terms designated In tbe notice of sale in
<br />one or more pareels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public announcement at tbe time and place of any previously scheduled sale, Lender or its designee may purchase tbe
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shell deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, Including, but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment 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 altomeys' fees, and then to the sums secured by
<br />this Security Instrument.
<br />
<br />21. Reconveyance. Upon payment Jf 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 withoul 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 lIme 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 conveyance 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 Notil:es. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />
<br />24, Riden to tbls Security Instrument. 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 covenallts and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrumenl. [Check applicable box(es)]
<br />o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />88-104002
<br />
<br />o Graduated Payment Rider
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<br />o Planned Unit Development Rider
<br />
<br />o Other(s) (specify]
<br />
<br />By SIGNING BELOW. Borrower accepts and agrees to rhe terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it,
<br />
<br />
<br />..~~:lv:~~.,......(Seal)
<br />Marv in W. Ho II i ste r -Bo,",wer
<br />
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<br />
<br />ST ATE OF NEBRASKA.
<br />
<br />Hall
<br />
<br />CnUJ1l~ ......:
<br />
<br />On Ihis 20th day of July, 1'1 88. beforl' me, Iht. (Jndl'''lgnl'd, a NOlmy Public
<br />dulycommissionedandqualifiedforsaidt'Ounly,rer"mallyeame Marvin W. Hollister and Rosanne M.
<br />ot~nl' knn\\n In bl' I Ill'
<br />i.ll'knllwiC'dgl'd the C\CLllfillll
<br />
<br />Holl.ister, each in his and her own right, and as spouse of each
<br />IdentIcal person(s) whose name(s) are subtl'r1bed 10 1ht' foreglllng In'!rumenl ami
<br />thereof 10 be their \'olunlary act and deed.
<br />Witness my hand and nOlarial seal al Grand Island, Nebraska
<br />date aforesaid. .//
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