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<br />88- 104531 <br /> <br />NON,UNIFORM COVENANTS Borrower and Lender further covenant and agree as follows: <br />19. Acceleratinn; Remedies. Lender shall give nntice to Borrower prior 10 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 />unless applicable law provides otherwise). The notice sball specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not I... than 30 days from the date tbe notice Is given to Borrower. by whieb the default must be cured; <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 after Icceleratlon and Ibe right to bring a court action 10 asserl the non-existence of a default or any ulher <br />defense of Borrower to acceleration and sale. If Ihe default Is not cured on nr before Ihe dale specified in the notice, Lender <br />at its option may require Immediale payment in full of all sums secured hy this Security Instrument wllhout further <br />demand and may invoke Ihe power of sale and any other remedies permitted by applicable law. Lender shall be entitled 10 <br />collect all Cllpenscs incurred in pursuing tbe remedies provided in this paragraph 19, Including; but not limited to. <br />reasonable attorneys' fees and costs oflllle evidence. <br />If the po..er of sale Is invoked. Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mill copies of such notice in the maoner prescribed by applicable law to Dorro..er and to the <br />other penons prescribed by applicable la... After the time required by applielble II... Trustee shall give public notice of <br />sale 10 tbe persons and in the manner prescribed by applicable law. Trustee, wllhout demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels and in any order Trustee determines. Trustee may poslpone sale of all or any parcel of tbe ;>roperty by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may porchase the <br />Property at Iny sale. <br />Upon receipt of payment of tho price bid. Trustee shall deliver 10 Ihc porchascr Trustee's deed conveyiog 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 Ipply lhe prOl:eeds of the .ale in the following order: (al to all expenses of the sale. Including, but not limited <br />to, Trustee's fees as permitted by applicable la.. and reasunable allomeys' fees; (blla all sums secured by' this Seeurity <br />Instrument; Ind (c) any excess to the person or persons legally enlitled 10 II, <br />20. Lender In Possession. Upon aL:~deratuln under paragraph Iq or nhandl1nmcnt of the Properry. Lender (III <br />person. by agcnt or by Judlcially appOinted rec;elver) shall be cnlllled tn enter upon. take (lO\.sCS!llOn of and manage lhe <br />Property and 10 collecl the renls of the I'roperty mduding those past due Any 'en IS collecled hy Lende, or Ihe recmcr <br />shall be applied fir.;1 to payment of Ihe coslS of management of Ihe "roperty and coll"'I"1I1 of rents, mdudmg, hut not <br />hmitcd to. receiver'.. fees. premlUrn!l on fect'IVCf'~ bonds and fcu!lonable atlomc)''''' fcC!'l, and Ihen to the "'turns ",c:cured by <br />IhlS Securily Inslrumenl. <br />216 Reconnyance, CPUIl payment nf all !lurn!) \L"Curcd by Ihl~ Secunty In...uumrnt. Lender ..hall requesl Tru\lt:e In <br />rcconvey the Property and \hull ~urrendC'r Ihl\ Sccunl)' Instrumen1 and all nn1C!'l e\oIlJenl:lI1g deht ~ccured by thiS Secunl)' <br />lnstrument 10 Tru~lrc:. TrU\ICe !oohal1 reconvey the Prnpeny wnhout warrant)" and "-lIhout char~C' 10 the pCf'onn or persons <br />legally entllled to it. Su~h penon or person.. ..hall pay any rccordouon cO!l.I~ <br />22. SublUtulC! Trullee. Lender. alll\ option. may from lime 10 time remm'l:' Tru!llec and appOint a ...u~ces."'or trustee <br />10 any Trulttec appOinted hereunder hy un m..lrumcnl ro.:ordcrllll the county III which Ihl~ SC'l.:un1)' In~trumC'nt I~ recorded. <br />Without COR"'cyancC' of the Propert). lhe \u&:ce!owr tru!.lcc ~hall \uccer:d lu alllht' 111 It'. fKlwcr and dutlC!l conferred upon <br />Trustee herein and by apphcable la... <br />136 Requal ror Notlca. Hnrrowcr rcquol'!l that &:0(110 of rtu~ "011&:0. of ddaull and '!laic be 'enl 10 IJormwcr'!'J <br />address which is Ihe Property Addr.._ <br />24. Riden 10 Ibis S<<urUy Inltrument. If one ur mOfe nden are ('xecuted b) lJurrnwer Dnd rccorded logether with <br />tins Sccunt)' Ins.lrumenl, ,he Celvenunh and agr<<menth or e3ch \uch flder \hall he lnL"orporulcd IOto and shall amend and <br />supplement the covenanh and ngrecmenl\ nf lhl!r. Sc.l".unl) Infr.lfunlcnl <1\ If IhC' ndcrh. ","en' a part of Ihls Sccunty <br />In_lrumenl. (Check apphcable bmlnl] <br />= Adjustable Rate Rider :_.: CondominIUm Ride, - 2-4 Fam")" Rider <br /> <br />= Gradualed Paymenl Ride, <br /> <br />. --: l'lanned Uml Develupmenl Rider <br /> <br />::J Other(_) (specify J <br /> <br />8Y SInNING nmow" lJorro'o\cr ltl.:l.:Cpt\ Bnd agreo 10 Ihe Icrm\ and CCl'locnullIlj, contaaned In <br />lm.trumentond 111 any nder(!r.) C'\et.'ulrd h) Uorrnwcr and rccordrd wuh II <br /> <br />thl!! Security <br /> <br />{Jft!;{ c' r7~ /J <br />" ' . " "' ~'~ <br />Cl if I'd E. ~teel" <br /> <br />'J77..e.k. /- ,2,~ <br /> <br />Meta L. Steele <br /> <br />.1 Seal} <br />-80"""" <br /> <br />(Seal) <br />-Borrowe-r <br /> <br />51'1.('. NIBRA~k'. <br /> <br />Hall (Olllll'- "... <br /> <br />On Ihis 16th Llit\ III August . It} 88, hl'h'Il' me. !ht.' IIlldt.'r"'!-!lh:d. .l ~lllill\ Puhh, <br />dulycommis'iioncdand4uahnC'dltlf...lIJ,("lnl\,Pt'r'o(lnall~\..ill1ll' Clifford E. Steele and Meta L. Steele, <br />,!4ch in his and her own right I and as spous~ of each other . IOIllt.' ~nll\\1I hi ht.' lht' <br />Identical pcnont..) \\iho'tc nnl11t.'!.., arl' ...uth,"ill'nl III lht" t(lrq!IHn~ 11l..ITurnt.'nl anJ ..,,"J..nll\\lnJ).!(,'d Ihl' \'\l'lUIIIHI <br />Ihereof 10 be the i r HlIIIUliH\ <1\.1 ,HlJ dl.'l.J <br />Wiln~\ my Imud. and 1I\IUIII,tl ...eal;)1 Grand I B I and I Nebraska <br />dale arorc!.Uld, <br /> <br />III '0;1111 ~dlllll\, flit' <br /> <br />Commi..jon e'plles: 9- 9- /9rto <br /> <br />- --"...... <br />ItAMIIII. ~ <br />CIoI. ~ Slfl , . <br />TlI KWirH. <br /> <br />lht' undcl"olitBl"J h lht' hnhJn II! rhe Ihlll' III r"Hn \1',tIll"J t,\ !t1\~ Iknll'! 'llJ~1 ~,lld Ill'l\' "1111'(,'.. Il'\'\"ltr\l <br />\'\lIh IIJI Hlhcr ITHkhlt'One", "C,IIII'J h, lhl~ IknJ ,II I r llV. 11.1\ c heell p.lld III lldl '\ "11 ,II. 11I"11 b\ ,Ill" 1,..1 II', .111\' I "II,l <br />nnlr or 1I,'t" ;tnd lhl\ Iln.tJ 01 IllJq" \\ltl1h .1Il' \h'Il\....Il'lt h('Jdll.. .Hld I.' 11,.1l1\,\ \\llft''111 \\,11'.1111\ ,dtlh, <br />Ihl'olo held to, \lIU unlin rhl..lknJ III trU\lllllht.' pn~..rl pr pn'"'\ll' lq!.I\1I "Ill'!',.! 0I"!11.' <br /> <br />~ 7/') <br />,_/ [( &: JL. If) / L /A-.e II <br /> <br />III 1)1'1 ~1 Hill I(UN\ 1\ .\SC I'" .,,, "",.,. <br /> <br />Dolle <br />