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<br />88- 105908
<br />NON. UNIFORM COVENANTS Dorrower Ilnd 1.ender furl her cn\'cnunlllnd IIgree as rollow~,:
<br />19. Acceleration; RemedIes. under Iha)) give noUce to Durrower prior to Dcceleratlon foJlowlnR Borrower.s
<br />breach of any covenant or agreement In this Security Instrument (but not prior to acceleration under paragraphs 13 ond 17
<br />unless applicable law provide!ll otherwise). The notice sball specify: (a) the defoult; (b) the action required to cure the
<br />default; (c) a date, not less than 30 days from the date the notice is gi\'cn to Horrower. by which the default must be cured;
<br />and (d) that fallure to cure the default on or before the date specified In the notice mol" result in Dcceleratlon of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to 85sert the non.existence of a default or any other
<br />defense ofUorrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender
<br />It its option may require Immediate payment in full of all sums secured by this Security Instrument without further
<br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled 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 of title 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.ocated 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 sa!e. 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. Th~ 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 enter upon, take possess.ion 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 TT"u~:ee to
<br />reconvey the Property and shan 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 shan pay any recordation costs,
<br />22. Substitute Trustee. Lender, at its option, may from lIme 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 />Wilhout conveyance of the Property. the successor trustee shalJ succeed to aU 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 notices of default and sale be sent to Borrower's
<br />address which is the Property 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 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 />Instrumenl. [Check applicahle box(es)]
<br />o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Graduated Payment Rider
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<br />o Planned Unit Development Rider
<br />
<br />o Other(s) [specify]
<br />
<br />By SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with i
<br />
<br />.... .. O"J...t.S/,-?J}
<br />Gai L. Shull
<br />
<br />..~~...IJ...C-n1,.x<L...(Seal)
<br />-Borrower
<br />
<br />....(Seal)
<br />-Borrower
<br />
<br />STATE 01- NEURASKA,
<br />
<br />Kenneth W. Menard
<br />Hall COUIlI) ....:
<br />
<br />On Ihis 1st day of November. I'J aa. hl'fllTl' Illl', till. ulHk.r\igl1l'u, a Notary Puhlio.:
<br />duly commissioned and qualified for ~aid COUnly, pe:rsol1ally (mm: Gail L. Shull, an unmarried person,
<br />and Kenneth W. Menard, an unmarried person . [0 nil' I\.lIo\\n In be: the:
<br />identical person(..) whose namels) arc 'tub..cribed 10 I Ill' IIlICl!nill~ in..trul11l'11I ilno adl1lm!rugl'u the l"Cl.:llIioll
<br />Iherl'of 10 be their voluntary act and dccu,
<br />Witness my hand and nOlarial seal al Grand Island, Nebraska in ..aid .:tllln[~, [Ill'
<br />dZlc aforesaid.
<br />
<br />My Commi~~ioll cwirc..: I 6B MllDP. --- 1
<br />...-:=::: .
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<br />
<br />,",01,,,, I'ul-Io,
<br />
<br />REQUEST FOR RLTll"'.' \.\"'1
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<br />To THI "III
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