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<br />NON.UNIFORM COVENANTS, Borrower and Lender funher covenant and agree as follows{38 -1 04 5 9 7
<br />19. Acceleration; RemedJn. Leaaer sbaIJ llin notice to Borro..er prinr to acceleration follo..lng Bo"ower's
<br />breacb ofuy conlWlt or IgJ'ftment (n this SecurIty Instrument (IIut not prior to acceleration under parqrapbs 13 ud 17
<br />unl... appllable la.. proYides otltenrise), Tbe nolke sbaIJ specify: (a) the default; (II) Ibeacllon required to cure tbe
<br />default; (c) a dale, not I... tban 30 days from the date the notice Is llinn to Borrower, by ..b1cb tbe default must be cured;
<br />ud (d) that fallnre to cure the default on or before the date specified In the notice may result In acceleration of Ibe suma
<br />aec:ared by this Security Instrument ud aaIe nf the Property. The notice sball further Inform Borro..er nf the right to
<br />reinstate after acceleration ud tbe right to brinll a court action to aaaert the non.exlstenee of a default or any otber
<br />defeDH of Borro..er 10 acceleration ud sale. If tbe default Is not cured on or before tbe date specified in the nntlce, Leader
<br />at III optlnn may require Immediate payment In foil of all suma secured by ibis Security lnatrnment wllbout further
<br />demand ud may In.oke Ibe power of sale and uy other remedln permitted by applicable law. Lender sball be entitled to
<br />collect all expenses Incurred in punulng Ibe remedies proYided in ibis parlIgntph 19, Including, but not limited to,
<br />reasonable attorneys' f_ and costs of title eYidence.
<br />If the power of sele Is I",oked, Trustee shall record a notice nf default In eacb county In ..b1ch any part of tbe
<br />Property la located and shall mall copies of sucb notice in Ibe manner prescribed by appllealJle law to Bn"o..er and to Ibe
<br />olber penons prescribed by applicable la... After tbe time required by applicable law, Trustee aballlli.e public notice of
<br />sale to the persOIlll and In Ibe manner prescribed by applicable la... Trustee, wltboul demand on Borro..er, shall selllhe
<br />Property al public aucllon to tbe highest bidder at Ibe time and place and under tbe lerms deslgnaied in Ibe notice of sale in
<br />one or more parcels and In any order Trust.. delermlnea. Trustee may poslpone sale of all or any 1JlIfI'el of Ibe Property by
<br />public announcement at the time and place of uy preYiously aebeduled sale. Lender or III designee may purchase the
<br />Property at any sale.
<br />Upon receipt of psyment of tbe price bid, Trustee aball dellnr 10 Ibe purcbaser Trustee's deed conny/nil Ibe
<br />Property. The recltala In Ibe Trustee's deed sball be prima facie ..Idence of the trulb of tbe statemenll made therein.
<br />Trust.. sball apply Ihe proceeds of Ibe sale in tbe following order: la) to all expenses of Ibe sale, including, but not limited
<br />to, Truslee's fees as permitted by applicable la.. and reasonable attomeya' fees; (h) 10 all suma secured by this SecurIty
<br />[natrnment; and (c) any excess to Ibe penon or penons leplly entitled to It.
<br />20. Lender in Rossesslon. Upon acceleration under paragraph 19 01' abandonment of thc Property, Lender (in
<br />penon. by agenl or by judicially appointed receiver) shall be enlitled to enter upon, lake possession of and manage Ibe
<br />Property and to collecl the renls of Ibe Property including Ihose pasl due. Any renls collecled by Lender or the receiver
<br />shall be applied first 10 payment of Ihe costs of management of the Property and colleclion of renlS, including, but nol
<br />limited to, receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security Inslrumenl.
<br />21. Reconnyance. Upon payment of all sums secured by thi, Securily In'trumenl, Lender shall requesl Truslee to
<br />reconvey Ihe Property and shan ,urrender Ihis Securily Inslrumenl and all notes evidencing debl secured by Ihis Security
<br />[nslrumenllo Truslee. Truslee shall reconvey the Property wilhoul warranty and wilhoul charge 10 the penon or penons
<br />legally enlitled 10 it. Such penon or penons shall pay any recordalion cosls,
<br />22. Sabotltute Tl'Ultee. Lender, al its oplion, may from lime to lime remove Trustee and appoint a successor truslee
<br />10 any Truslee appointed hereunder by an inSlrumenl recorded in Ihe counly in which Ihis Security [nstrumenl is recorded.
<br />Wilhoul conveyance oflhe Property. Ihe successor lruslee shall ,uceeed to all Ihelille, powcr and duties conferred upon
<br />Truslee herein and by applicable law.
<br />23. Reqnnt far Notl.... Borrower requests lbal copies of Ihe nOlices of default and sale be senl 10 Borrower's
<br />address which is Ibe Property Addr....
<br />24. Riders to this Seauity Inotrumeat. If <>lie or more ride", are executed by Borrower and recorded logelher with
<br />Ihis Securily Instrument, Ihe covenants and agreements of each such rider shall be incorporated inlo and shall amend L'Id
<br />supplemenl the covenants and agreemenls of this SecurilY Inslrumenl as if Ihe rider(s) were a part of Ihis Security
<br />[nstrumenl. [Check applicable 001(..))
<br />o Adjuslable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Gradualed Paymenl Rider
<br />
<br />o Planned Unil Development Rider
<br />
<br />[] Other(s) [specify) Acknowledgement
<br />Bv SIGNING BELOW. Borrower accepts and agrees 10 Ihe lenn, and covenants contained In this Security
<br />[nslrumenl and in any rider(s) execuled by Borrower and recorded wilh iI,
<br />
<br />........................................................................................
<br />
<br />...ft1.....~.... ...........~;z'lJj1../~~...~
<br />. ~riV ". .
<br />.... , ... ../a,~"=../)...~.. . . U:~. .......(SeaI)
<br />l~arl);:R. Mehring (J --
<br />
<br />.....................................................................,..................
<br />
<br />STATE OF NEBRASKA.
<br />
<br />Hall
<br />
<br />County ss'
<br />
<br />On Ihis 15 day of August ,19 88 before me, ,he under,igned. a Notary Public
<br />duly commissioned and qualified for ,aid county. personally came Greg D. Mehring and Marla R.
<br />Mehring, Husband and Wife ,10 melinown 10 be lhc
<br />identical person{s) whose name(s) are subscribed to the foregoing instrument and acknowledged the exC'cution
<br />Ihereof to be their voluntary aCI and deed.
<br />Wiln"~ my hand and notarial ,eal al Grand Island, Nebraska in said county. the
<br />dale afor....d. . //
<br />
<br />My Commission expire" .:5 -s -9"" ~./'_.- ) ~.,.
<br />IJ: ..~,~0.-, . ., / ;.,or.-""
<br />_1IJAIr_1I1111a1g~ /' NOlar}' c
<br />LGlSoIUtI-. EQUEST FOR RECONVEYANCE
<br />TOTRu _ -...,...a__
<br />
<br />The undersigned is the holder of the note or notes secured by Ihis Deed oi Trus!. Said note or nOles, togelher
<br />with all other indebtedness secured by Ihis Deed or Trust, have been paid in full. You are hereby direl'led 10 ..::anl'd ..aid
<br />note or nOles and this Dttd of Trust, which are delivered hereby, and to rccon\l~Y. \.\'ithoul "3rrunt\. alllhC' l'.,lall"
<br />now held by you under this Deed of Trusl 10 ihe per~on or persons legall~ C'ntllled IherC'to
<br />
<br />Date:
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