<br />88- 105105
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<br />NON-UNIFORM COVENANTS. Borrower Bnd Lender funber covenant ond agree os follows:
<br />19. Aecelerallan; Remedies. Lender sball Ill.. nollee 10 Barrow.r prior 10 accel.rallan rollowln~ Borrower'.
<br />breach of any covenant or agreement in this Sec:urlty Instrument (but not prior to Bcceleratlon under paragraphs 13 and 17
<br />unless applicable law provides ollle...lse). The nolle. .ball speclry: (a) Ibe derault; (h) the action requlr.d 10 cur. the
<br />derault; (e) a dat., nolless Ihan 30 days rrom Ibe dale lb. nollee Is Illyen 10 Borraw.r, by whleh the derault must be cured;
<br />and (dl tbat fallur. to eure (be deraull 00 or berare the date specified In Ih. nallee may r.sult 10 aec.l.rallan of Ihe sums
<br />se<:ured by Ibis Security laslrumenl and sal. or lb. Prop.rty. The nallce sball rurther Inform Borrow.r of the right to
<br />relnslat. after accel.rallon and Ibe right 10 bring a court acllon to assert tbe aan.exlslence or a derault or any alber
<br />d.r.... or Barraw.r 10 accelerallon and sale. If tbe default Is nol cured an or before the dele speclfi.d In lhe aollce, Leader
<br />at lIS option may require Imm.dlate paymenl ia rull of all sums secured by Ihls Security Inslrument wltboul rurlber
<br />d.mend and may Invoke lhe power of sale and any olb.r remedies permitted by appllcabl.law. Lender .hall be entllled to
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, Including: but not limited to,
<br />reasooahl. attorneys' rees and caslS or till. evidenee.
<br />If Ibe power or sale i. invoked, Truslee shall record a nollce of deraullln eacb counly in wblch any part or Ihe
<br />Property Is localed and shall mall copies or sucb oollce ia tbe manaer prescribed by applicable law 10 Borrower and to the
<br />olber persons prescribed by applicable law. After Ihe time required by applicable low, Truslee sholl gi.e public notice or
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property 01 public auction 10 Ibe bi~hesl bidder al tbe time and place and uader the terms desl~noleil in Ihe notice or sole In
<br />one or more parcels and in auy order Trustee determines. Trustee may postpone sale of all or any parcel o( the Property by
<br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property al any sale.
<br />Upon recelpl of payment of tbe priec bid, Trustee sboll deli.er to Ibe purcbaser Trustee', deed canyeylng tbe
<br />Property. The recitals in the Trustee's deed shall be prima facie evidence of tbe truth of the statements made therein.
<br />Troslee sballapply tbe proceeds oftbe sale In Ibe fallowing order: (e) to all expense, oflbe sele. ineludin~, but not limited
<br />to, Trustee's rees as permitted by applicable law and reasonable attorneys' fees; (b) to aU sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the ProperlY. 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, 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. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request 1 rustee to
<br />reconvey the Property and shall surrender Ihis Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee, Trustee shalt reconvey the Property without warranty and without charge to Ihe 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 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 Property, Ihe successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee 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 whicb is the Propeny Address.
<br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument. the covenants and agreements of each such rider shalt be incorporated into and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable bax(es)]
<br />o Adjustable Rate Rider 0 Condom..ium Rid.r L! 2-4 Family Rider
<br />
<br />o Gradueted Payment Rider
<br />
<br />o Planned Unil Deyelopmenl Rider
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<br />o Olher(s) [speciry]
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<br />BY SIGNING BEl.OW, Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any nder(s) executed by Borrower eod re::ted T'th II.
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<br />....................... ... ... .~~. ({ ~c:;}z. . ....(Seal)
<br />............................................................................. ~~z~~:\'(aL~.. ...~;~::;
<br />
<br />Lorna R. Razey -Borrower
<br />
<br />STATE OF NEBRASKA. Hall County ss:
<br />
<br />On this 21st day of September ,1988, before me, the undc,,;gned, a NOlUry Public
<br />duly commissioned and qualified for said county, personally came Lloyd R. Razey I Jr. and Lorna R. Razey,
<br />each in his and her own right I and as spouse of each other ,10 me known to he the
<br />identical person(s) whosc namc(s) arc subscribed 10 the rorcgoing inslrumenl anll al.:knowlellgcLl IhL' L~\cl.:Ulion
<br />thereor 10 be their volunlary nel and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska
<br />
<br />dele aforesaid. I -=:-.::r I
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<br />My Commission expires: ..J: ____4._.,....
<br />
<br />in "aid l.:OUnly, lhe
<br />
<br />C\ "rf)IJ
<br />.. ~.. ......... .~.
<br />
<br />NlII,lI\ I'lIbh~
<br />RrQUEST FOR RECONVEYANCE
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<br />To TRU5TEI~:
<br />The undcp,igncd i~ Ihc hulder llr the note or note.. "iceured hy thi.;, Ikcd \11 1 Ill"'!. "i;lld IIllll' ,II 11I.ll.... Ill!!l'llll'l
<br />with all olher indcbtednc'i" \ct.:ured b}' Ihi.. Dl'ed of Tru\l. hl.l\l' hecn paid in lull )',11l ;lIl' hCld,\ dll\'~ Inl hll.llh d ',lId
<br />nOle or no[",:.. and Ihi.. Dced nf Tru"l. whidl ure dclivL'fcd herct'ly. and 1,11l"\.,II1\\"'\, \\lllllltll \\,\11,11111. ,dllI11- ,..I,ll,
<br />nll"' held by )"UU lInd~f ,hi.. ()cl'd 01 hu..t 1t1 the pc"nn III pl"'IlIl.. 1L'!!.llh l'lllllkd 1!1l"11 ["
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<br />Dale"
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