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<br />NON.UNIFORM COVENANTS, Borrower and Lender further covenanl and agree as fOllows:88-1 04082
<br />19. Acceleration; Remedies. Lender sball gin notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement In tbls Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unlea applicable la" proTides otherwise). The notice sball specify: (a) tbe default: (b) tbe action required to cure the
<br />default; (c) a date, not less tban 30 days from tbe date tbe notice Is ginn to Borrower, by which the default must be cured;
<br />and (d) that failure to cure tbe default on or before tbe date lpecifled in tbe notice may result io acceleration of tbe sums
<br />secured by this Security Inltrument and sale of tbe Property. The notice sball further inform Borrower of the right to
<br />reinstate after acceleration and tbe right to brina a court action to assert the non.existence of a default or any other
<br />defense of Borrower to acceleration and sale. If tbe default ill 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 "ithout further
<br />demand and may invoke the po"er of sale and any other remedies permitted by applieable law. Lender shall be entitled to
<br />collect aU expenses Incurred in pursuina tbe remedies prorided In this paragraph 19, includina: but not limited to,
<br />reasonable attomeys' fees and costs of title evidence,
<br />If the power of sale is Invoked, Trustee shall record a notice of default in each county in wbich any part of the
<br />Property is located and sball mail copies of sucb notice in tbe manner prescribed by applicable law to Borrower and to the
<br />otber persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by applicable la". Trustee, witbout demand on Borrower, sball sell the
<br />Property at public auction to tbe highest bidder at the time and place and under the terms designat2d in the notice of sale in
<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 aMoDncement at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property at any ule.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed cODveyina the
<br />Property. The recitals in the Trustee's deed sball be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale In the follo"ina order: (a) to all expenses of the sale, incIudinRo but not limited
<br />to, Trustee's fees IS permitted by applicable la" and reasonable attorneys' fees; (b) to ali sums secured by this Security
<br />Instrument; and (c) any excess to tbe person or penons legally entitled to it.
<br />20. Lender In Possession. Upon acceleralion under paragraph 19 or abandonment of the Property. Lender (in
<br />person. by agent or by judicially appomted receiver) shall be entitled to enter upon. lake possession of and manage the
<br />Property and 10 collecl tbe 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. mcluding. but not
<br />limited to. receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees. and then to Ihe sums secured by
<br />this Security Instrument.
<br />21. Reconnyanee. Upon payment of 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 wnhout warranty and without charge to the person or persons
<br />legally entitled 10 it, Such person or persons shall pay any recordation costs,
<br />22. Substitute Trultee. Lender, al its option. may from lime 10 lime remove Trustee and appoint a successor Irustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which Ihis Security Instrument is recorded,
<br />Without conveyance of Ihe Property. the successor trustee shall succeed to all the title, pow~r and duties conferred upon
<br />Trustee berein and by applicable law,
<br />23. Request for Notices. Borrower requesls that copies of the notices of default and sal~ be sent 10 Borrower's
<br />address which is the Property Address,
<br />24. Riden to this Security Instrument. If one or more riders are execuled 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 tbe covenants and agreements of this Security Instrument as if the rider(s) were a part of Ihis Security
<br />Instrument. (Check applicable box(es))
<br />o Adjustable Rale Rider 0 Condominium Rider 0 2-4 Family Rider
<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 accepls and agrees to the terms and covenants contained In Ihis Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it,
<br />
<br />
<br />,..,'~,~~~"',.."..,"",..," ,....",..,,(Seal)
<br />-8001'0We<
<br />
<br />~rnol C. Wenn
<br />
<br />/;.,~..,e~....
<br />
<br />inda C. Wenn
<br />
<br />......(Seal)
<br />-&nower
<br />
<br />STATE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />COUIll Y '"
<br />
<br />On lhis 15th day of July .19 88, llefore inC. the undersigncd, a NOlary PlIlllk
<br />duly commissioned and qualified for said counly. per,onally came Arno 1 d C. Wenn and Linda C. Wenn.
<br />each in his and her own right, and as spouse of each other, ,10 mt" known 10 re Ihc
<br />identical person!s) whose name(s) are suhscribed 10 Ihe foregoing in,trllment and a.know Icdged Ihe necut,on
<br />Ihereof 10 be the i r volunlary ael and deed,
<br />Wilness my hand and notarial ,eal at GrandC21, sl, a"!J'I. braska
<br />dale aforesaid.
<br />
<br />My Commission e1<pires://- S-V ",' '/i~
<br />.0. ?l- ...yJ A
<br />1IIlUl1ln1llf.St......-... ", ,V,'." f:!'(,<""
<br />..::<<~:::. REQUI:ST f-OR RECON\TYANlT
<br />
<br />in \a1J ~nullly. the
<br />
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<br />",~;,~.vv.
<br />
<br />....0/;11\ Pu~h~
<br />
<br />The undersigned i~ the holder f'lf lhe note Of noln ...n'lIfl.J n\ rhl" Ill'l,t! 1'1 I TU'-I S"uj IhHe..' ,'IT Ihlft..... h'l~clth.:1
<br />"-ithallclhcrindchtcdncsSSCl;Url'J h~ Ihl" Deed 01 rlU", ha\l' hl'CIl r.lld 11111111 \\ltl ilh' ~\l"ldl\ dlTnlcd II\L,lIkl'l "lid
<br />note: or notes and Ihil1, Deed of 'lrtl"', \\Iu\.'h alt' t.kll\rrt'u !It.'Idl\, alld (II rntIlHt-\. \\1111\11l! \\;111,1111\. ,ill IlK l'..I.lll
<br />no\\ hc-ld h~' 'iOU under lhl\ Det'J 01 Tru\' 10 thl' pt'l..nn 1\1 pt'fl,tln.. Iq!.lih t'IlI11kd ,lIt-,rll\
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