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<br />88- 105259 <br /> <br />NON.UNIf~ORM COVENANTS. Borrower and Lender fun her cowoODI nnd agree liS follows; <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration rollowlng Borrower's <br />breach of any covenant or agreement In this Security Instrument (but not prior to aeceleratlon under par8graphl 13 and 17 <br />unless applioable law pro.ldes otherwise). The notloe shall speciry: (a) the deCault; (bl the oction required lu cure tbe <br />deCault; (cIa date, not less thon 30 doys from the dSle the notiec I. gl.en to Borrower, by which the deCault muot be eured; <br />Bnd (d) that failure to cure tbe delimit on or before the date specJfled in the notice may result in acceleration or the sums <br />scoured by lhis Scourlty Instrument and .ale or the Properly. The notice shon rurtber InCorm Borrower or the right to <br />reinstate after acceleration and the right to bring a court action to assert the non-existence or a ddsult or DRY other <br />deCense oC Borrower to accelerallon ond sale. If the deCault I. not eured on or berore tbe date specified in the notice, Lender <br />at its option may require immedlsle payment in run oC all sums secured hy this Security Instrument without Curther <br />demand and msy in.oke the power oC sale and any other remedies permitted by applicable law. Lender shan be entitied to <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including; but not limited to, <br />reasonable attorneys' fees and costs oftitle evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on .Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale 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 announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all 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 Property. Lender (in <br />person. by agent or by judicially appointed receiver) shall be entitled to enler 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 /> <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender,shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all nolcs 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 to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender, at its option, may from hme to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which Ihis Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to alllhe litle, power and duties conferred upon <br />Trustee herein and by applicable law. <br />2J. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />addrcss which is the Propeny Addrcss. <br />24. Rider. to this Security Instrument. If one or more riders arc executed hy Borrower ond recorded together wilh <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 part of this Security <br />Instrument. [Check opplioahle box(es)] <br />o Adjustoble Rate Rider 0 Condominium Rider 0 2--4 Fomily Rider <br /> <br />o Graduoted Poyment Rider <br /> <br />o Planned Unit Development Rider <br /> <br />o Other(s) [speciry] <br /> <br />By SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in <br />Instrument and in any rider(s} executed by Borrower and recorded with it. <br /> <br /> <br />... rw. . .')\iI....??1L... <br />~. lfe{s'~ <br />ie-..@.~~lJ~ <br /> <br />this Security <br /> <br />.......(Seol) <br />-Borrower <br /> <br />STATE OF NEURASKA, <br /> <br /> <br />..........(Seal) <br />-Borrower <br /> <br />te <br /> <br />On this 28th day or September ,11138. before me. Ihe lInuer~ignL'd. a Notary Puhlil: <br />duly commissioned and qualiried for said county, personally came Gregory A. Melsen and Billie J. <br />.~~;!,~Bg"'n!la(;h ~Ov~t~eangnht'e~mgl:tl:!if;~~H~r~8g as spouse of each other . to me known to be the <br />lOeRtlcal pcrscPnlsrwnose namc(s are SUOSCT1~O to the foregomg lRstrumcnt and al.:knowh:dgcd the cxcL'lIlion <br />Ihereof to be voluntary act and deed, <br />Witness my hand and notarial seal al in ,~aid COllllty. thl' <br />date aforesaid, <br /> <br />My Commission expires: <br /> <br />.J:GlllMl.IDJMV.M 11__ <br />QIIMD F. DOHMEN <br />1Irea... &II. -.. 4. 1992 <br /> <br />5:\'/r~ <br />...~...................,..... <br /> <br />NO!;\I\ Puhll~- <br />REQUEST FOR RECONVEY ANCE <br /> <br />To TRUSTEE, <br />The undersigned is the holder of Ihe 1101<.' or notes secured hy ,hi.. DL'l.d III Illl"l. SuiLl IH1Il' llr 1111Il.... 1,I).!l'lll\'r <br />with all other indebtcdnes~ secured by Ihis Deed ofTrosl. ha\'C ht:l.'n pail.! in filiI. "011 011\.'11\'1 \'In dlll'dl'd III \.,1I1l \'I .,;Ill! <br />nOle or nOles and lhi!-. Deed of Tn."I. which ilrc dclivcrl.'d lu:rl.'hy. anLllll 1\'l'OIl\l'~. \\illhHII \\;111;1111\. ,III till' \'.,l.ll\ <br />now held by you under lhi~ DCl.'d of Trusl 10 Ihl.' pl.'r~on or pL'r..nn.. lq!.all~ l'l\llllL'd Illl'lt'lll <br /> <br />Dule: <br />