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<br />G8- h04788
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<br />NON. UNIFORM COVENANTS, Borrow.r and Lend.r furth.r cov.nant and agr.. as follows:
<br />19. Accd....tioa; R.medla, Le.dor shall ..,. notl.. to Borro".r prior to ....1...110. follo"l.g Borro".r'a
<br />breaeh .f..y co.....t or _....t 1.lbll SeaIrIty IllItrum.nl (bul n.t prior to ....1...110. und.r paralP'lpbl 13 and 17
<br />II1II... oppIltabl. II" proridel olb.nrilel. lbe notice shaIIlpeclfy: (I) tb. d.flult; (h) lb. ..tion r.qulred to cur. Ih.
<br />default; (.'1 dote, noli... I.... 30 doys from Ibe dote lb. .0ti..lllli..n to Borro".r, by "hlcJI tb. d.flult mOlt be .ured;
<br />ond td) tbll faUure 10 .ure lhe deflult on or before Ibe dot. specified I. the noli.. may reoult I. Ic..le..tlon of the sums
<br />sec:tlred by 11111 Security IllItrum.nl ..d .... of lb. Property. lb. noti.. sboll furtb.r I.form Borro"er of the right 10
<br />re_te oiler ....I...tlon ..d lb. ripl to bring I eourt Ictlon to ....rt the non...laten.. of I deflult or any other
<br />dere- of Borro".,.IO ....I....tion and ..... Iflb. deflult II .ot .ured nn or befor.lb. dol. apeclfled In tb. noli.., Lender
<br />It lis option mlY require Immedlole payme.t In full of 011 SUIOl secured by tbls Security IMlriIm.nl "llbout furth.r
<br />demand ODd IIIIY In,.ke Ibe po"er nf"'e..d ..y olb.,. remedla permitted by Ippllcabl.II". Lender shill be .ntltled 10
<br />collect 011 e.pe.... Incurred 10 punul.g the remedla pro,lded In tbls pII'IllfIpb 19, In.ludlnl\. but not limited to,
<br />rasonobl. Ittom.ys' f.....d COIls of title .'Id.....
<br />If lb. po...r of .... II In,oked, Trusr.. sball record I noti.. nf default In ...b county in "blcJI any port nf the
<br />Property is localed ..d Iboll moll copies of su.b nnti.. In lb. m..n.r prescribed by appllcablela" to Bnrro".r and 10 Ih.
<br />oth.r peno.s prescribed by applicable la". Aft.r th.lim. required by appllcabl.la", Trust.. aboll g1,e public nnllc. of
<br />.... In the peno.. and In lb. mann.r prescribed by applicable law. Trust... without d.mand nn Bnrrnw.r, sholl sell the
<br />Property at public luctlon 10 Ih. blpesl bldd.r al tb. 11m. and pia.. and under Ih. terms designated In the nnllc. of ..I. In
<br />ODe or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public IftDOUDCement It the time and place of any prniously scheduled sale. Lender or its designee may purchase the
<br />Property al..y lIIl..
<br />Upon recelpl of paymenl of Ibe pric. bid, Trust.. sboll dell'.r In lb. purcbaser Trust..'s deed ennveying tbe
<br />Property. lb. recitals In the Trustee's deed sball be prlllll facie .videnc. of lb. truth of the stat.m.nts made ther.in.
<br />Trusl.. aboll apply tb. proceecll nf tbe saI. In tbe following nnl.r: (a' 10 all..pen... of the ..I., ineludlnl\. but nolllmited
<br />t01 Trtllteets fea IJ permitted by .ppUcable I." aDd reasonable Ittorneys' fees; (b) to all sums secured by tbis Security
<br />lnatrument; and (c) any e:lce5ll to tbe person or persons legally entitled to it.
<br />20. Lender in P.OSRSSlon. Upon acceleration under paragraph 19 or abandonment of the 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 />Property and to collect the 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, lncluding, but not
<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 Instrument.
<br />21. Reconveyance. 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 without warranty and without charge to the person or persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee.. Lender. at its option. may from time to time remove Trustcc and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded,
<br />Without conveyance of the Property, the SUCCC550r trustee shall succeed to all the title. power and duties conferred upon
<br />Truslee herein and by applicable law.
<br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />14. Riden In rbIa Security InatrummL If on. or more rid... ar. e.ecuted 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 the covenants and agreements of this Secunty Instrument as if the rider(s) were a part of this Security
<br />Instrummt. [Check applicabl. bo.(..)]
<br />Iil Adjustable Ral. Rid.r 0 CondnmiDlum Rider 0 2-4 Family Rid.r
<br />
<br />o Graduated Paym.nt Rider
<br />
<br />o Planned UDlI Development Rid.r
<br />
<br />IX] Other(s) [specify] Acknowledgment
<br />
<br />By SIGNING BELOW, Borrower IIccepu. and .area to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) elliecuted by Borrower and recorded with it.
<br />
<br />
<br />",..".Jt.b.../.:f')~...,.............,..,',...."..(Sea,)
<br />
<br />Stephen R. 8el tzer, unmarr ied -80rrower
<br />
<br />..,....,(Seal)
<br />-!lor.....
<br />
<br />SlATE OF NEBRASKA,
<br />
<br />HALL
<br />
<br />County 5S:
<br />
<br />On this 29th day or August .1988 . berore me. the undersigned, a NOlary Public
<br />duly commissioned and qualified for said coumy, personally came Stephen R. Bel tzer,
<br />. to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the C'xecution
<br />thereof to be his voluntary act and deed.
<br />Witness my~hand and notarial seal at Grand Island. Nebrasl.: a in said county, the
<br />dat. aforesaid.
<br />
<br />
<br />"J.;(, \"('%'1 D 4 -1 n r__
<br />\\':J c-_~,- ~ k \. '
<br />.,",..,...,',.,""-:f" ,.'" , ,..,'L,!-,."!..,,:,,,
<br />_ III aT _ Pllbh~
<br />REQUEST FOR RECONVEYAN
<br />
<br />RU5TEE:
<br />The undersigned jl. the holder of the nOle or nOle\ ,("cured h~ 11m Deed III rnl'.1 SllllJ nOle lH IHue\, !ll~H'lh('f
<br />with all other indeblcdncss secured hy IhlS Deed of Tru!lol, hllH hcen paul III lull YI1lI i.lH' herdn OUl'.;h:d In ~'illh:d ....lId
<br />nOle or notes and thiS Deed of Tru!.I, which are dellvcrcd hereby, and III 1('\.(111\1."\, \\llhlllll \\iHI<lnl\. .llllhl' ~'\l..lt'
<br />now held by )'OU under th1' Deed of Trml Iu Ihe (lcro;lll1 llr pcro;nn\ I~.}tilll\ fnlllll.J ,lIfl('1I1
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<br />Date:
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