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<br />88- 105105 <br /> <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 <br /> <br />o Olher(s) [speciry] <br /> <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. <br /> <br /> <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 <br /> <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 <br /> <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 [" <br /> <br />Dale" <br />