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<br />88- 105185 <br /> <br />NON, UNIFORM COVENANTS. Borrower and Lender funher covenanlond agree as follows: <br />19. Accel...tion; R.medles. Lend.r Iball p,e notice 10 Borrow.r prior to ....I...tion follow InK Borrow.r'l <br />breacb ofany ....nant or lareem.ntlo Ibie Security Inatrum.nt (but oot prior to ..e.l.rltlon under pananpbll3 and 17 <br />lUll... appllcabl. IIW pro.ldes olb.rwlsel. The notic. oha1! Ipeclfy: (II Ibe d.flult; (b) the letion required 10 cu~~ the <br />default; (cl a date, not I... thlO 30 daYI from lb. dat. the noticela p..n to Borrower, by "bleb Ibe deflult mUll be cured; <br />ud (dIlbat failure to cure th. d.fault on or before lbe dale lpeclRed In Ibe notice may result In accelerlltlon o~ the IUIDI <br />.....red by Ibla Security Inltrum.ntond sale of lbe Property. Th. notice lball furtber Inform Borrower of Ibe rlptto <br />"'Wille aI'ler Iccel...tion ond th. right to brinK a court action to ....rt the non-exiltenee of a deflult nr ony other <br />d.fenae of Borrow.r 10 ....I.ration ODd sale. If the d.flultla 1I0teured on or before the date lpeclRed In Ibe notice, Leader <br />It Ita option may requlr. immedllte paymenl 10 full of all soma secured by thie SecurUy lnatrumenl w1lboutfurtber <br />demand ud may In.okelbe power of sale and any otber remedlea permitted by Ippllcable Ilw. Lead.r oha1l be .ndlied 10 <br />collocl all a:pelliOS incurred in punulng tbe remedies pro.lded in this paragraph 19, ladodlng, but not limited 10, <br />r.....nabl. attomeYl' f...ond costa of tlli. .vldence. <br />If the power of sale Is Invoked, Trustee sball record a notice of deflult in each county In which IOY part of lbe <br />Property Is located ond shall mail copies of sueb notice In the mllllDer preacribed by applicable Isw to Borrower IOd to the <br />other persona pr.....lbed by applicable II... Afl.r the time required by applicable law, Trustee shall Rive public noliee of <br />sale to the penons ond In Ibe mllllDer prescribed by applicable law. Trostee, ..Ithout demlnd on Borrower, sball ..lithe <br />Property at public auction to the highest bidder at the time and place and under th.terlllll deslgnated,ln the nolice of sale 10 <br />on. or more parcels and in any order Trustee determines, Trustee may postpone sale of all or any parcel of tb. Property by <br />public announcement .t Ihe time and place of ony previously scheduled sale. Lend.r or Its designee may purchase the <br />Property atony sale. ' <br />Upon ",celpt of peyment of the price bid, Trustee shall deliver to the purchaser Trust..'. deed conv.ying .the <br />Property. The recitals In the Truslee's deed shall be prima facie evidence of the truth of the slatem.ots made th.",ln. <br />Trustee shall apply the proceeds of the sale In the follo..ing order: (al to all e.penses of the sale, indudlng, but notlimiled <br />to, Trustee's fees as permitted by applicable la.. ODd ",asooable attorneys' fees; (bl to all .ums secored by this Security <br />lostrument; and (c) any e..... to tbe person or penon. legally entitled to it. <br />ZOo Lender in Rossession. Upon acceleration under paragraph I 9 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 />Propeny and to collect the rents of the Propeny including those post due, Any rents collected hy Lender or the rec.i.er <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 10 the sums secured by <br />this SecurilY Instrument. <br />11, Reconnyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Propeny 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 endtled 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 Propeny, the successor trustee shall succeed to 011 the litle, power and duties conferred upon <br />Trustee herein and by epplic:ablelaw, <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 Addres" <br />24. Riders to tbis Security (..trum.n!. If one or more riders ar. executed 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 Security Instrument as if the rider(s) were a pan of this Security <br />Instrument, [Check opplieable box(es)] <br />D Adjustable Rate Rider D Condominium Rider D 2-4 Family Rider <br /> <br /> <br />D Graduated Payment Rider <br /> <br />D Planned Unit Development Rider <br /> <br />~ Other(s) [specify] Acknowledgement <br />By SIGNING BEWW, Borrower accepts and agrees to the terms and covenants contained in this Security <br /> <br />l~t~,~~,t,~,d,I,n,~~,".~~(S) executed, by Borrower ond rec1J:':f?,iJ70.,~,~~~""""""""""""""",,(Se&) <br /> <br />---....--............ .........~~f~-.........~ <br /> <br /> <br />STATE OF NEBRASKA, Hall County 55: <br /> <br />On this 20th day of September .1988, before me, Ihe undcrsigned, a Notary Public <br />duly commissioned and qualified for said county, personally came Bruce A. Bunde and Margaret E. <br />Bunde, Husband and Wi Fe ' to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrumenl and acknowledged Ihe execution <br />thereof to be their voluntary act and deed, <br />Witness my hand and nOlarial seal at Grand Island I Nebraska in said county. (he <br />date aforesaid. <br /> <br />My Commission expires: <br />'_11111'1_"- <br />~ C.L IlASl(JI <br />:06" 1y--1IJ 1Ior.1Iltlll <br />To TRUSTEE: <br />The under'iigned i~ It.e holder of lhe nOIc: or note," ~el:urcd by Illl" llct'J III rlU..1 '-'alJ '1l11t' m note" wgclhcl <br />with ll110lher indeblednC'~'!o ..el:urcd by Ihi" Deed 01' Truo.t. haH been flalJ 111 lull YI\ll :Ul' hc-rel1, dir"'l'lc.'d hl..:al1l..:l~1 'illd <br />"ole or notes and IhH, Deed of Trust. lo\'hlch arC' dehl.cft.'d hl'fCOl., ,uuJ h""'l'Wl\t"'. .\dhtllll "all,llll'. ,ill lilt' nl,llt' <br />nO\A held b) you under 1111~ Dc-ed of Trulol III the pc.-I'tlfl IH flCt,on.. ll'~alh l'lIllllL-d Illl'lt'll' <br /> <br />e. ~) <br /> <br />v~~, <br /> <br />~',,'l,.tl' l'u~ll. <br /> <br />REQUEST FOR RECONVEYANCE <br /> <br />Dale <br />