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<br />NON.UNIFORM COVEN....NTS, Borrower and Lender funher covenant and agree ~~;s: 1 0 5 0 3 3
<br />19. A_lentloD; RemedJea. Leader _ball IIhe DOtlce to Borrower prior 10 accelaratlon followlnll Borrower'_
<br />breMII of any CO",lIIIIIt or qnemeat in tllla Secarll)' IaItrumellt (but nol prior to _.I.ratlon uader paraarapha 13 and 17
<br />IIIIlea appllcallle 1110 proridea otItenrIae). The notice abIIlspeclfy: lal the default; (b) Ibe action required 10 eur. tb.
<br />defaall; leI a date, notl_1baa 30 tIaya from tile date tile nollce 1_lIioen to Borrower. by wbleb lbe defaull must be eured;
<br />and Idl tbat faIIan to eure tIae default on or before tile e1a1e specified In tile nollce may reaultln _Ierallon of Ih._ullUl
<br />aecared hy tIIIa Secarlt)' IlIIIrWIU:nt and aale of lb. Property. The notJee Iball furtber Inform Borrower of Ibe rlibt 10
<br />rei_ie after oeceIeratloD and the rlabt 10 brlnll a court action to ....n Ibe non...I_t.nce of a default or a.y otller
<br />dafeue ofllonower to .....Ieratlo. and aaI.. [f Ibe defaaltla .ot eured on or before tile dale _peclfledl.tb. nollce. Lend.r
<br />at Ita option may require Immecllale payment in rnn of allSDIIUI secured hy Ibla Securlt)' Instru....t wltbout furtber
<br />demand and may in..kethe power of aale and any otll.r remecll.. permllted hy applicable law, Lender Iball be .ntltled to
<br />collect all expeaaea Inearred In PIII'IDinR tII. remecll.. prooided In tbill paragrapb 19. Inelulllnllo but not IImit.d 10,
<br />reuoaablealtom.yo' feesand eoatI oftltl. nld.nce.
<br />U Ibe power of aale ill In..ked, Trustee sball record a .otice of d.faull i. eacb count)' I. wbleb any pm of tb.
<br />Property l& loeated ud aball mall copl.. of .ucb nutlce iu lb. mann.r prescribed by appllcabl.la.. 10 Borro...r and lu the
<br />ulb.r persoIII prercrlbed by applleeble law. After Ibe time required by applleable law, Trusl.. aballgloe publle nullce of
<br />aale to Ibe pemJ" ud In tbe manner prescribed by applicable law. Trust.., wllboul demud on Jlorrower, .ball.elllhe
<br />Properly at public auction to Ibe blib..t bidder at Ibe time and place and under tbe terms d..lgoated In tile notice of sale in
<br />one or more parcels ud In uy order Trustee determlD... Tru.tee may postpone sale of aU or uy parcel of the Property by
<br />publle aoaounc:ement at tile lime and place of uy preriously scheduled sale. Lend.r or its designee may purchase the
<br />Property alany sale.
<br />Upon receipt of paym.nt of th. price bid, Truslee sball d.lI.er to th. purch..er Trust.... deed con.eying the
<br />Properly. The recltals In the Truslee'. deed shall be prima facie evidence of the trulb of Ibe slalemenls made tberein.
<br />Truat.. sbaII apply Ibe proceeds of th. sale i. the follo..i.g order: lalla all e.penses of Ibe sale, Inelulllnllo but not limited
<br />to, Trustee'. fees as permllted by applicable law and reasonable altoroeys' fees; (b) to all su... secured by thill Securit)'
<br />_ent; and (el uy excess to the pemJn or pemJns legally entitled to It.
<br />20. Lellder la eossesston. Upon acceleration under paragraph 19 or abandonment of the Property, LenJ~!:' ~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 collecl the rents of the Propeny including those past due. Any rents collected by Lender or the receiver
<br />shall be applied first to payment of the costs of managemenl of the Property and collection of renlS, includinS. but nal
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Securit)' Instrument.
<br />n. ileconoeyanee. Upon payment of all ,"ms secured by this Securily Instrument, Lender shall requesl Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all noles 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 10 it. Such person or persons shall pay any recordation costs,
<br />22. Substitute TI'1IItee. Lender. at its option. may from time to time remove Trustee 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 Propeny, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23e 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 to this Secarlt)' lMtrum.nt. If one or more riders are executed by Borrower and rec:ordedtogether 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 Security Instrument as if the ridcr(s) were a pan of this Security
<br />Instrumenl. [Check applicable box(es)]
<br />o Adjustable Rate Rid.r 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Graduated Payment Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />g] Other{s) [speeify] Acknowledgment
<br />
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider{s) executed by Borrower and recorded with it.
<br />
<br />
<br />."...""....."....""""..............."..,,,,"'........,............,..,..'..... ,~~p~..t.~..&::,...."'.".~~
<br />
<br />"....,(SeaI)
<br />-80,,,,,,",
<br />
<br />STATE OF NEBRASK.....
<br />
<br />Hall
<br />
<br />County 55:
<br />
<br />On this 12th day of September .1988. before me. .hc undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came
<br />Norma L. VanPelt, an unremarried widow . to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing inslrumenl and acknowledged the execution
<br />thereof to be her voluntary act and deed,
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said counly, Ihe
<br />date aforesaid.
<br />
<br />My Commission expires:
<br />.x.--_ol-
<br />C.L. lCMIlIa
<br />.~ 1y_bl....lI.1II
<br />
<br />TO TRUSTEE:
<br />The undersilncd is the holder of Ihe nOle or nOlt's 'iecurcd by ,hi" need 01 Tru..t. "iauJ litHe III Illllt:..., hl~C'lh("f
<br />with all other indebtedness sC'curcd by Ihis Deed of Trusl. hll'oC been p,ut.! If\ I ull You arc hen'ln JlrcdcJ hI l.:alh':l'I ,':IlJ
<br />note or nOlrs and this ~cd or TrUil. which are dell\'crcd herd...., and to l"I,:11I1\C\, "ill1\lUI "tHrnl\! . .1111hc nlalt'
<br />no'" held b)' )'OU under (hl\ Deed of Tm!!.! III (he pC'f\on m pcntll1\ Ic~illh l."llllllcd thl:lC'll1
<br />
<br />......,..r;,..:z ..F~..,
<br />NOlar\ Pubh~
<br />REQUEST FOR RECONVEY ANCE '
<br />
<br />DII~
<br />
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