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<br />( <br /> <br />NON.UNIFORM COVENANTS Borrower and Lcndcr funhcr covcnonl ond ogrcc., follows: 88- 10458 11 <br />19. Ac.eleration; Remedies. Lender shall !li.e notice to Borrower prior 10 a.celerallon following Borrower's <br />breach ofany .onnant or agreement in this Security Instrument (bul not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law pro.ldes otherwise). The notice shall specify: (a) the default; (b) Ihe action required to .ure the <br />derault; (e) a date, not less Ihan 30 days frnm the date Ibe noti.e Is !linn to Borrower, by which Ihe default musl be cured; <br />and Cd) that failure to .ure the default on or before Ihe date specified in Ihe notice may result In acceleration of the sums <br />secured by this Security Instrument and sale or the Property. The noti.e shall furlher Inform Borrower of the right to <br />reinstate after a...leration and the right to bring a courl action to asscn Ihe non-cxislence of a default or any other <br />defense of Borrower to acceleration and sale. If the default Is nol cured on or before Ihe date specified in tbe notice, Lender <br />at its option may require immediale paymenl in full of all sums se.ured by tbls Security Instrument without further <br />demand and may ;..oke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />.ollect all expenses Incurred in pursuing Ihe remedies provided in this paragraph 19, including; but not limited to, <br />reasonable attorneys' fees and costs of litle ..idence. <br />If the power of sale is i..oked, Trustee shall re.ord a notice of default in each county in which any part of the <br />Property is located and shall mail copies of such nolice In the manner prescribed by applicable law to Borrower and to Ihe <br />olher persons prescribed by applicable law. After Ihe time required by appli.able law, Trustee shall ghe publi. nolice of <br />sale to the persons and In the manner prescribed by applicable law. Truslee, wllhout demand on Borrower, shall sell the <br />Prnperty at publl. auction to lhe highest bidder allhe time and place and under Ihe lerm. designated in the nntice nf sale in <br />one or mnre parcels and in any order Truslcc determines. Truslee may postpone .ale of all or any parcel of Ihe Properly by <br />public .nnouncement al Ihe time and place of any pre.lously scheduled sale, Lender or ils designee may purchase Ihe <br />Properly at any sale. <br />Upon receipl of payment of Ihe price bid, Truslcc shall deliver 10 Ihe purchaser Trustee's deed conveying Ihe <br />Prnperly. The recitals in tbe Trustee's deed shall be prima fade e.idence of Ihe trulb of Ihe slalemenlS made therein. <br />Truslee shall apply the proceeds of Ihe sale in the fnllowing order: (al to all expenses of the sale, including, but not limited <br />to, Truslee's fees as permilled by applicable law and reasonable altorneys' fees: (bl to all sum, secured by this Security <br />Instrumenti and (c) any excess to the person or persons le~ally entitled 10 it. <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonmem of lhe 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 />Prope:ny and to collect the rents of the Property induding 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 I>ropert}' and collection of rents, including. but not <br />limited to, receiver's fees, premiums on receiver's bonds and rea....onahle attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconyeyance. Upon payment of all sums secured hy Ihls SCl:urlly Instrument, Lender shall request Trustee to <br />reconvey the Properly and shall surrender this Secunty Instrument and all notes c\'ldenl:1Rg debl secured by tlus SL"CUrity <br />Instrument to Trustee. Trustee !lohull rCCOD\'ey the IJropcrly wuhout warrant) and Without charge 10 the per!\on or persons <br />legally cntitlt.-d 10 it. Such pc:~on or pentoRS shall pay any recnrdutlOn ....nsl!t <br />22. Substitute Trustee. Lender. allls oplJon. may from lime to lime: remove Tru!tlee nnd appoint a successor trustee <br />to any Trustee appotn1ed hereunder by an Instrument recorded In the counl}' III whIch thIS Securlly Instrument i!lo recorded. <br />Without com'cyance of Ihe Property, the SUCCl."Ssor trustee shall succeed to all the: IItle. pOWt.r and dUIIC'i conferred upon <br />TruSlce herein and by applicable law. <br />23. Request for Nolices. Borrower requc:st!l thn1 COpies of Ihl: flallces of default and sale be ...ent 10 Borrower's <br />addres, whl.h j, lhc Propcny Address, <br />24. Riden 10 this Security IDltrument. If one or marc Tlders are e10eculcd by Borrower ond recorded together with <br />Ihis Security Instrumenl. the covcnant!! and agreements of each ~uch Tlder shall he Incorporaled inln and ~hnll amend and <br />supplement the covenants and Bgn:cmenb of Ihllt Secun1y Inltlrument 3lt If the Tlderhl were a part of Itll" Security <br />In'lrumenl, (Check apphcable box(esl] <br />=:J Adjustable Rate Rider :J Condominium Rider == 2--4 F:mllly Ru.ler <br /> <br />G Graduated Payment Ruler <br /> <br />:_~~ Planned Unst Development RIder <br /> <br />::::: Olher(s 1 (specIfy] <br /> <br />8"- SIGNI"IG BELOW. Borrower accepl" and agr~ tll Ihe terms Bnd covenanh cnnlamed <br />In'trumentand many nder(sl executed by Borrower and recorded w~ <br /> <br />... ....... ,.}~~/~~ <br /> <br />J'l""is C. Heck <br /> <br />l/b:d~I'~.. ... <br /> <br />Dorothy i(J Heck <br /> <br />In Ihl!'! Sccunty <br /> <br />,.(Seal) <br />-Borrower <br /> <br />..,(Seal) <br />-Borrower <br /> <br />SlAll (H- Nl-UR"......A. <br /> <br />Hall <br /> <br />t OUlI!\ .....: <br /> <br />On thiS 19th day ol AuguSl. 1\1 88 . hL'lllTe 1Il1'. till' llIH.tt.'r"'lgnl'll. it Nolln \ PlIhlll <br />duly comrn1ssIoncd and qualified for \~lId \..'ounly, pt'r...onally cam.... James c. Heck and Dorot hy E. Heck, <br />each in h is and her 01l/n right I and as spouse of each other . III Ill\..' knll\\t1 III hl' I Ill' <br />identical per\nnl\) \..host namc(",) arc ...uh..t.::T'lbed 10 Ihl' Imq!lllll~ 111..1111111..'1\1 <lnd ;t\..""-ml\\h:Jl-!I.:'J 111..- ""\..'lllllnl\ <br />thereof 10 be the i r \ olunlar~ a\..-I and deed. <br />\\'ilnC'~~ m~ hand and llolaTlul \t:ul al Grand Island, Nebraska <br />dale afore!'laid. <br /> <br />111 ....;lld ..1I1lI1I'. IIIL' <br /> <br />M~ Commi!ioslon e\PJT(,,~~"t........ <br />___....,-Iha1...~ <br />JOANNE G. ROUSH <br />"" '= IIr CotH. EJJ. 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