<br />88- 104963
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<br />NON.UNIFORM CoVENANTS. Borrower and Lender further covenant ond ogree os follows:
<br />19. Aecele...tlon; Remedl... Lender .....1 IIIYe notice to Borro..er prior to .eceler.Uon following Oorrower'.
<br />brnch 01 aay .....naat or qreement 10 Ihls Security IlIIIrum.nl(but nol prior to oeceler.Uon under p.r.gr.ph. 13 and 17
<br />unl... .ppll..ble I... protid.1 oth.",lse). The notice 1....1 speclly, (.) th. d.Ilull; (h) the .ctlon required 10 cure the
<br />cIellull; I.). dale. noll_lhln 30 days Irom Ihe date tb. notice Islllnn 10 Borro...r. by "hlch Ih. d.fault musl be eur.d;
<br />and ld) tlull lallure 10 cure the del.ull on or before the dale specified In Ih. noUce m.y r..ullln .cceler.Uon of Ih. .ums
<br />IleCllred by Ihls Security Instrument .nd ..I. of lb. Properly. The notlc. sh.1I lurth.r Inform Borro".r 01 Ih. right 10
<br />relllll.le oIl.r .cceleraUon .nd the right 10 briaR' eourt action 10 ....rl the non...lslenc. 01 . deloult or any oth.r
<br />defense 01 Borro...r 10 .ce.I....tlon .nd saI..1f Ih. d.I.ult Is not cured on or b.Iore the d.te sp.elfied In Ih. nnUe., Lend.r
<br />.1 III option m.y require Immedl.l. pay",.nt in full of all sums secured by this S.eurlly Instrumenl "lIhout furlh.r
<br />d.maad aad m.y Inyok. Ih. po".r of saI. and any olh.r remedies permitted by .pplle.bl. la", Lend.r sh.1I be .nUtl.d to
<br />collect .11 ..pe..... Incurred fn pursuing the remedies protided In Ihls p.ral!f.ph 19, Including, but nol limited to,
<br />reasonlble .1I0me)'l' fees .nd cosll of till. evid.nce.
<br />If th. po...r 01 sal. Is Inyoked, Trustee sball record. noUc. of d.fault in e.ch county In "hich any part of the
<br />Property Is located and sh.1I malleoples 01 sueh notfce In Ih. mann.r prescribed hy applleable law 10 Borro".r and 10 Ih.
<br />olb.r persons prescribed by .ppllcable I.... An.r tb. time required by appllcabl. la". Trust.. shan gl.. publle notlc. of
<br />sale to the persons and In the manner prescribed by applicable law. Trustee, without demand on Borrower, shall selllhe
<br />Property at public auction 10 the highest bldd.r .llh. tlm. and place and und.r Ih. t.rms deslgnaled In Ih. noUe. orsal.in
<br />one or more parcels and In any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public BDDouncement sl the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property .t IIJ1Y saI..
<br />Upon receipt of payment of the price bid, Trustee sbaU deliver to the purchaser Trustee's deed conveying the
<br />Property. Th. reellals in Ih. Truslee's deed shall be prim. I.cl. .vid.nc. or the Iruth or the stat.m.nts m.d. th.r.ln.
<br />Trustee shall apply the proceeds 01 the s.l. In the follo"ing ord.r: (a) 10 all .xp.nses of the s.I., including, bul not limited
<br />10, Trustee's fees as permitted by .ppllcable la.. and reasonabl. attom.ys' rees, (b) 10 all sums s.cured by this S.curlty
<br />[mlrum.nl; and (e) any exc...lo the person or persons I.gally .ntilled to il.
<br />20. Lend.r in 110.....lon. Upon acceleration under poragraph 19 or obondonment of the Propcrly. Lender (in
<br />person. by agent or by judicially appointed receiver) shall be enrilled to enter upon, take possession of and manage the
<br />Propeny and to ccllcct the: rents of the Propcny 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. including. 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~ Reconyeyance~ Upon payment of aU 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 Propeny without warranty and without charge to the person or persons
<br />Jegally 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 Trustee and appoint a 5UCCcssor 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 successor trustee shall succeed to all the title. power and duties conferred upon
<br />Trustee berein and by applicablc law.
<br />23. Request ror Nollees~ Borrower requests that copies of the notices of default and sale be SCUL iv Hnrrower's
<br />address which is Ihe Property Address.
<br />24. Rid.... to this Securlly IlIStrument. If one or more ridcrs are c.ceuted by Borrower ond record.d together wilh
<br />this Security Instrument. the covenants and agreements or each such rider shall be incorporated into and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the ride:r(s) were: a part of this Security
<br />Inslrument. [Check applicable box(es)j
<br />~ Adjustable Rat. Ridcr 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Gradualed Paym.nt Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />~ Olber(.) [specify] Acknowledgement
<br />
<br />BY SIGNING BELOW, Borrowc:r accc:pts and agrees to the tenns and covenants contained in this Security
<br />[n.lrument and in any rider(s) executed by Borrower and recoz ~ d
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<br />............................................................................... ..........owe.ij.fi{=J:i'i'e7 .:.~.:::... "'::~~:2
<br />................................................... .~~. "~nf~~~. .::~~~
<br />
<br />STATE OF NEBRASKA.
<br />
<br />Hall
<br />
<br />COUnlY ss:
<br />
<br />On Ibis 12th day of September .19 88, before me, Ihe underSigned, a Notary Publte
<br />duly commissioned and qualified for said CDunty. personally came Owen A. Shunkw; 1 e rand Luc; a A.
<br />Shunkwiler, husband and wife . to me known to be the
<br />identical person(s). w~ose name(s) are subscribed to the foregoing instrumenl and acknowledged Ihe execulion
<br />thereof to be the 1 r voluntary act and deed,
<br />Witness my hand and notarial seal at Grand 151 and in ...aid l"tlUllIY, Ihe
<br />date aforesaid.
<br />
<br />M
<br />
<br />......
<br />IoIARGARET N. DlWlfI
<br />.,_blllslSl,"
<br />
<br />
<br />.........1n.cCr~
<br />
<br />NOli...I'uI>III
<br />
<br />To TRUSTEE:
<br />The undenlgned is Ihe holder of the note or nOle!! ..t:~urcd hy Ihl" Ilc,,'lllll I fu..1 'Iud 11011' "1 lllllf,,''', h'~l'llll'r
<br />with all olher indeblednes!o \ccurcd hy thi!o Decd ofTrmt.lul\c hCt'l1 pourJ 11\11111 \ '1\1 ill I,.' h..",...I1, JIIC..'ICrJ III ~"lI~TI \illd
<br />nolc or notes nnd Ihi!. Deed of lrusl, which afC dcli\icfl'd hereh,. illld 1" Il"~'ll,\n, '~llh,'lIl \~ ;111,1111 \ ,III, II,' ,'..lOllI'
<br />now held by )'OU under thi!o Deed or Trmt IOlhe penon III 11..'f\UIt\ Iql.all\ "'1l1l11nJ Ih,"',""
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<br />Dale:
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