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<br />NON,UNIFORM CUVENANTS Ilorrower nnd Lender further eO\'ennnl~.a~e ~ ~I~W~ 7 0
<br />19. Acceleration; Remt.dles. Lender shan give notice 10 Borrower prior to acceleration followlnK Borrower's
<br />breath of IUI)' connent or agreement In this Security Instrument (but not prior to ICcclcratlon under paragraphs i3 :md 17
<br />u.less Ipplh:lble law provides otberwlsel. The .ollee sblll specify: (0) Ibe default, (b) the aetlon required to cure the
<br />def.ult; lc) a dlte, .ollesstbo. 30 dayo from tbe dlte Ibe notice Is given 10 Borrower, by which the deCoull must be cured,
<br />and ld) thl' flllure 10 cure the defaull on or before tbe dlte specllled in the notice moy result In aeeelerallon of the sums
<br />secured by tbls Security Instrument ond sale of the Property. The nollce shall further inform Borrower of the rlgbtto
<br />reinstate after acceleration and the right to bring R courl artiaD to BSSert the non.ex(stence of a default or BOY other
<br />defeftSe of Borrower to acceleration and sale.lftbe default is not cured on or before the dale specified in the notlcc, Lender
<br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further
<br />demlnd ond may Invoke the power of sale ond ony other remedies permitted by .pplleable law. Lender shall be enlltled to
<br />collect III expenses Ineurred In pursuing Ibe remedies provided in this por.gr.pb 19, Ineludlng; bul nol limited to,
<br />rfaon.ble .Uorneys' fees and costs of title ntdence.
<br />If the power of sale Is Invoked, Trustee sball record a notlee of default In eaeh county In whleh any pari of the
<br />Property is 10000ted and shall mail copies of such notice in the manner pre..;cribed by applicable law to Borrower and to tbe
<br />other persons prescribed by .ppllcoble law, After Ihe time required by applicable law, Trustee shall give public noliee of
<br />sale to tbe persons and in tbe manner prescribed by applicable law. Trustee, witbout demand on Borrower, shall sell the
<br />Property ot public ouetion to lhe highest bidder at Ihe lime ond plaee and uoder the terms designated In the notlee of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale or all or any parcel of the Property by
<br />public announcement at the time and place oi any previously scheduled sale. Lender or its designee may purchase the
<br />Property at ony sole.
<br />Upon receipt of payment of the price bid, Trustee shall delher 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 tbe statements made therein.
<br />Trustee shall apply the proceeds of the sale in the rollowing order: (8) to all expenses of the sale, including, but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' tees; (b) to all !!Iums secured by this Security
<br />Instrumenti and (c) any exccss to the person or persons legally entitled to it,
<br />20. Lender in Possession. Upon acceleration under paragraph IQ or abandonment of the Propeny. 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 01- 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 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. Retoftyeyance. 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 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 entitled to it. Such person or persons shall pay any recordation cosls.
<br />22, Substitute Trustee. Lender. at its option, may from Ume to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the counly in which Ihis Security Instrument is recorded.
<br />Without conveyance of the Propeny, the successor truslee shall succeed to aU the I1tle. power and duties conferred upon
<br />Trustee herein and by applicable law,
<br />:D. Request for NoticeI. Borrower requests that copics or the notices of default and sale be sent to Borrower's
<br />address which is Ihe Property Address,
<br />24. Riden to tho Security Instrument, If one or more riders arc executed by Borrower and recorded together with
<br />this Se1:urity Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
<br />supplemellt the coven::'ltts and agreement!o. of Ihilt Security Instrument as if the rider(s) were n part of this Security
<br />Instrument. [Cheek applicable bo.les)]
<br />o Adjuslable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />D Graduated Payment Rider
<br />
<br />~ Planned Unit Development Rider
<br />
<br />D Dlher(.) [specify]
<br />
<br />By SIGNtNG BELOW. Borrower accepts and agrees to the lerms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded witt'. A
<br />
<br />
<br />,..",...."..",..""",..",.,..",.,."",,"',.,""',.,,."",."""".".,., ."...,'~",GC"..~'" ,,(Seal)
<br />/Garlan R. Reed -Borrower
<br />
<br />..U~a:~~L~..,..,......(SeaI)
<br />Donnl.e Ann Reed _Bo~r
<br />
<br />51 A TE OF NEURASKA,
<br />
<br />Hall Count)" ....:
<br />
<br />On this 30th day of September ,19 aa, hdon.' IIll', Ihe ulllknignl'd, a NOHU) Publil.:
<br />duly commissioned and qualified ror ~ajd l:OUlUY, pl'r~onal1y l:aml' Garlan R. Reed and Donnie Ann Reed,
<br />each in his and her own right, and as spouse of each other, . III mc known 10 he Ihl'
<br />identical person(s) whmc namchl arc ..ubsl.:ribl'd 10 Ihl' forl'!itlltl~ in\lnlllll'nl and <IddHl\\ledgcd Ihe I.'\CC!lliOIl
<br />thereof (0 be their voluntary ill:t and deed. J
<br />Witness my hand and notarial ~cal al Grand Island I ~bra5kB /7in ..aid l'tlUlll~. lhl'
<br />date aroresaid. '/ .
<br />
<br />My CommisSlone.pJrcs:Cj-I-69 ~z:'m X': -h/
<br />J:----....... '.. /' f~,,,,,,1.t~~A::eY
<br />IOY.........E UES R H N\'I \ ANt I ' /
<br />.,~-_\- ~
<br />
<br />TII TR1JSrf
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<br />....lIb ali olher IOdcblcdne..", "'l'l'tHCU h) till, Dced of 11 U"I. ha"l' Ill'..'u p;IlU ,II lull .. ,'IJ ..fI.' he-I dw dun I..'d II' \,111.('1 ,oI111
<br />TlotC' <lr unlC'\ and lhi.. U,,'cd of -11'11'01, "I"...h ;1It' t1d......,...d Ill'rdl\. alld I, I 1\'\ ,'11\ l" , "1111"111 ,\ ,II t ,till \ .111 Ill,' l'~1 .IT\
<br />no"- hclu", ..nu un\!(,llht,lJl'l"d "t hu"'II,'lh.., "..'"nn III 1',"'1'1' k!!.dh ,'III,llnl 'h",I,.
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