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<br />88-
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<br />105505
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<br />NON.UNII:'()RM COVENANTS Borrower BDd lender runhcr covenant and ngrec as follows:
<br />19. AcceleraUoo; Remtclles. Lender sh.n gin notice to Borrower prior to accelerltlon following norrower's
<br />breacb 0' any co..nanl or alP"..m.ntln tbls SecurilY Instrum.nt (but Dot prior 10 occ.l.rotlon und.r porogrophsl3 ond 17
<br />lUll... appllcabl. la" pro,ldcs oth....I...., Th. nollce shall spoclly: (0) the de'oult; (b) lhe oCllon required 10 cure the
<br />derlult; (c). dale, nOllea than 30 days Crom tbe d.te the noti" Is glnn 10 Borrower, by whJch the derault mU51 be cured;
<br />and (dJ thaI Iallure 10 cure the delault on or helore lhe dale spoclfled In Ihe nollco may resull in occoleratlon 01 the sums
<br />secured by tbl> Security Instrument and aalo 01 Ibe Proporty, The nollce ahall lurther In'orm Borrower ollbe right to
<br />reinstate lifter acceleraUon and tbe right 10 bring a court action to ISScrl the non-e:dstence or. default or any other
<br />del.... 0' Borrow.r 10 ..cel.rallon and ..... If tb. d.l.ullis not cur.d on or helor. the dal. spoclfled in Ihe nollce, Lender
<br />at lIS option IIlSJ' require Immediate payment in lull of all sums aecured by Ibia Security Instrumenl "ltbout lurther
<br />demand and may In,oke the po"er of"'e and any other remedies permitted by applicable la... Lender shall he enlitled to
<br />collect all expenses loeurred In pursuing tbe remedies pro,lded in tbis paragrapb 19. including; but not limited to,
<br />reasonable attomeys' lees and cosls of lIt1e e.tllence.
<br />If the po"er of ..Ie is In,oked, Trustee sball record a nollce 01 delault in each county in ..hich any part 01 Ibe
<br />Property islocaled and shall mall caples 01 sucb nollce 10 the manner prescribed by applicable la" to BorM..er and to the
<br />other porsons prescribed by appllcablela.., After Ibellme required by applicable la.., Trustee aball ghe public notice of
<br />sale to the persons aDd 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 aU or any parcel of the Property by
<br />public: announcement at the time and place of JUly previously scheduled sale. Lender or Us designee may purchs.se the
<br />Property al any sale.
<br />Upon receIpt of payment of the price bid" Trustee shall deli'Wer' to the purchaser Trustee's deed conveying the
<br />Property. The recltab in the Trustee's deed shall be prima f.cie nidence or the troth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale In the (ollowing order: (a) to all e:s:penses of the sale, Including, but not limited
<br />to, Trustee's fees as permitted by applicable law Bnd reasonable attorneys' feesi (b) to all sums secured by this Security
<br />Instrument; and (cl any e.cesslo Ihe person or personaleRally entitled 10 it.
<br />20. Lender in Possession. Upon acceleration under paragraph Ig or abandonment of the Property. Lender (in
<br />person. by agent or by judicially appointed recei\ler) 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 recei\ler
<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. recei\ler's fees. premiums on receiver's bonds and reasonable attorneys' fees, and then 10 the sums secured by
<br />this Security Instrument,
<br />21. Recon,eYllDce. Upon paymenll)f all sums secured by this Security Inslrument, 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 I>>roperty withoUI warrluny and wilhout charge 10 the person or persons
<br />legally entitled to it. Such person or persons shall pa)' Llny recordation costs.
<br />22. Substitute Tl'IlItee. Lender. at its upl1un, may from lime to time remove Trustee and appoint n successor trustee
<br />[0 any Trustee appointed hereunder by an mSlrumenl recorded in the county in which this Security Instrument is recorded.
<br />Without conveyance of the Property. the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by applicable law
<br />23. Request ror Notices, Borrower requests that copies of the nOlices of default and sale be senl to Borrower's
<br />address which is Ihe Property Address,
<br />24. Riden to this Security IDltrumr:nl. 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 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 applicahle 00.(05)]
<br />o Adjustahle Rate Rider :::J Condominium Rider 0 2-4 Family Rider
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<br />o Graduated Paymenl Ridcr
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<br />o Planned U ntl Development RIder
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<br />o Other(s) [specify]
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<br />By SIGNING BELOW. Borrower accepts and agrccs to the lerms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />
<br />,~.\."/i1,fa!Uler!~u"",uu"u,,,uu,u,(Senll
<br />Steven M. Mason, -Borrow!!r
<br />
<br />u/!' ! 1:.Y.LHU,(,l,/lu,ill,. ,a.QQ:':lSeal)
<br />CY~ ..I. Mason '1 ~tower
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<br />STATE Of Nr:ORA..'iKA,
<br />
<br />Hall
<br />
<br />County....:
<br />
<br />On Ihis 12th da~' of October ,1988, bdore: Ille:, the lllluC'r'l:ig.ncu, II Notary Puhlll.;
<br />duly commissioned and qualified for said Cl'lUnlY. peT'ionally calt1e.: Steven M. Mason and Cynthia J. Mason,
<br />aach in his and her own right, and as spouse of each other ' \(l Ille: ~n()Wl1 10 hC' till'
<br />Identical person(s) whose naml'(s) arc ,ub~cribed to Ihe forcgoin!:l imlnlll1l'nl and al..'kIlOl\kll)!cd lht' l'\Cl..'UlUlIl
<br />thereof to be their \'olunlary 3l:1 and dc-cu.
<br />Witnes~ m~' hand and notarial 5e.:al at Grand Island I Nebraska 111 ~.lId \.'UUlll~, IIH"
<br />dale afort'~aid" ,. -7
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<br />My Commission c\pircs;,ij;.;..-{ S -If / '
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