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gg. 104497 NON-UNIFORM COVENAN'1~-;;:ower and Le~der further covenanl 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 shall 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 givcn to Borrower, by which the default must be cured; and (d) that failure to cure the default ou 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 shall further inform Borrower of the right to reinstate after acceleration and the right to hring a court action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If tbe default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke tbe power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing thr remedies provided in this paragraph 19, including, but not limited to. reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescrihed by applicable law to Borrower and to the other persons prescribed by applicable law. After tbe time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trnstee. without demand on Borrower, shall sell the Prnperty at public auction to the highest bidde,' at the time and place and nnder the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone ssle of all or any parcel of tbe Property by public announcement nt 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 shall deliver to the purchaser Trustee's deed conveying tbe Property. The recitals in the Trnstee's deed shall be prima facie evidence nf the truth of thc statements made Iberein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of tbe sale, including, but not limited to, Trustee's fees as permitted by applicahle law and reasonable attnmeys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to tbe person or persons legally entitled to it. 20. Lender in 110ssession. Upon acccleralinn under paragrapb ]9 or abandonment of lbe Property. Lcnder (m ""rson, by agent or by judicially appointcd recciver) shall be entilled to cntcr upon. takc possession of and manage the Property and to colleclthe rents of thc Prnperty including those past due. Any rents collected by Lender or the reccivcr shall be applied first to payment of thc costs of management of thc Property and colleclion of rents. includmg. but not limited to. receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees. and then '0 the sums secured by this Security Instrumcnl. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument. Lcndcr shall request Trust"" 10 reconvcy Ibe Property and shall surrcnder thIS Security Instrument and all notes evidencing dcbt secured by thl> Secunty Inslrument to Trustee. Trustce shall reconvey thc Property witbout warranty and wllhout charge to the pcrson or persons legally entilled to it. Such person or persons shall pay any recordation costs. u. Substitute Trustee. Lender. at its option. may from time to time remove Trustee and appomt a !lucce.~or trustee to any Trustee appointed hereunder by an IUstrument recorded in the counlY in which this Secunty Instrument IS recorded. Without conveyancc of the Property, lhc successor trustce shall succeed to all the mle, power and dUlles eonfcrred upon Trust"" herein and by applicable law. 23. Request for Notices. Borrower requests that copies nf the nOlices of default and sale be ...nt to Borrower's address which is the Property Address. 24. Riders to this Security Instrument. If one or more riders are c.ecuted by Borrower and recorded logether wllh this Security Inslrument. tbc covenenlS and agreements of each such rider shall be incorpor .,ted inln and shall amend and supplement the covenants and agreements of this Security Inst!1lment as if the riderhl wcre a part of thIS Security Instrument. [Check applicable 00.(es)1 1Q!I Adjustable Rate Rider LJ Condominium Rider C 2-4 Family RIder o Graduated Paymenl Rider o Planned Unit Development Rider 1Q!I Other(s) [specify] Acknowledgement By SIGNING BELOW. Borrower accepts and agrees to the lenns and covenants contained m thIS Security Instrument and in any rider(s) executed by Borrowcr and recorded with 11. / . 7.~./ /.~ ...(I.J..d~.~;l:.(~~._J......~::..-!.!.;..:..<..':...r..1 I- ~--- M~chael L. TImmevrnan _ / ..~..'"J.:...c:~+.. ..~.~{~/.i..~lj.,...._~.jJ.:..,:-,_._.I.:.~~ Nancy J. Tjmmerman ............................................................. ...(SeaI) -80"."..,. STATE OF NEBRASKA. HALL County \\: On this 11th day of August .19 88. before me. Ihe undersigned. a Notary Pub"" duly commissioncd and qualified for said county. personally came MIchael L. T:lmmerman and Nancy J. Timmerman, husband and wife . to m~ known 10 be the identical person(s) whose name(s) are subscribed to the foregoing in~trumcnl and acknO\\.ledgcd lhe c'\ecUlion thercof to be their voluntary acl and deed. Witness my hand and notarial sedl at Grand Island in ...aid I:ounl~. the datc aforesaid. MyC " ...... MARGARET M. DILLON IIr ~ &IJ. .." Z. t992 ~/2. .1?tlz .~',':.:( .:.); /. .~~~.~.(. /. :.~. t.... / l\Illl.:J1\ ~\Jhh~ REQUEST FOR ~ONVEYANCE To TRUSTEE, The undersigned is the holder of lhe note or nOles secured by thi, Del.'d of Tru"'l. S.JiJ noll' 01 lltllc.... lngelher with aU other indebtedness secured by lhis Deed or Trust. ha\'c been paid in fulL You are hen:b~ dire..:IL'd In L"all\,:L'l"aid note or notes and this Deed of Trust. which are deli\'ered hereby, and In rCl.:onvcy. without \\arranl~. all IhL' l'''laIL' now held by you under this Deed or Trust 10 Ihe person or pcr!ooon... lc:gally entitled therelll. Datc: