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<br />NON-UNIFORM COVENANTS, Borrower Bnd Lender further covenllnl Bnd agree BS follows: 8840 596 !5
<br />19. Acceleration; Remedies, Lender sball give notice to Borrower prior to acceleration following Borrower's
<br />breach of any connanl or agreement In this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provide. otherwise), The nollce sball specify: (a) Ihe default; (b) the acllon required to cure the
<br />default; (e) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured;
<br />and (d) that 'allure to cure tbe default on or before tbe date :;pecified in the notice may result In acceleration of the sums
<br />s..ured by this Security Instrument and we of the Properly. The notice .hall further Infnrm Borrower of the right 10
<br />reinstate after acceleration and the right to bring a court action to assert tbe non-existence of a default or BOY other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender
<br />at its option may ,require !mmedlate 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, ineluding; 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 15 located and shall mail copies or such notice in the manner prescribed by applicable law t~ Borrower and to the
<br />olher 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 publie aucllon to the highest hldder at the llme and place and uader tbeterms designated,in the notice of.ale 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 announrement at the time aod place of any previously scheduled sale. Lender or its designee may purchase the
<br />Prop<rty at any we,
<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 aale, including, but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' feesi (b) to all sums secured by this Security
<br />Instrument; Bnd (e) 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 possession of nnd manage the
<br />Property and to collect the r:ents 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 Trustee to
<br />reconvey the Property and shall surrender this Security [nstmment 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 pef50ns 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 Tmstee appointed hereunder by an instrument 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 for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower.s
<br />address which is lhe Property Address,
<br />24. Riders to thls Security Instrument. If one or more riders are executed by Borrower Ilnd 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 applicable OO.(es)}
<br />o Adjuslable Rale Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />o Graduated Payment Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />:u9 Dlher(s) [specify]
<br />By SIGNING BELOW, Borrower accepts and agrees to the terms and cove ts conlamed in this Security
<br />
<br />.=.~:~'=~~:=.=..~_'e'~;",.i .. ~ .~
<br />......,................,....,........"..',........ ...".., ~7:~#\,........,..,,:,~
<br />
<br />STATE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />COUllI)i ~!i:
<br />
<br />On this 31st day of October .19 SS , before me, the under~igned, u Notllry Publi\:
<br />duly commissioned and qualified for said \:ounty. personally came Gary L. Benzel and Lonna J. Benzel,
<br />each in his and her own right, and as spouse of each other .10 me knnwlltn bl' Ihl'
<br />identical person(s) whose name(s) arc 5ub!lcribcd 10 Ihe foregoing instrument and adllnwlcJ~eJ Ihe C\l'ClIlitlll
<br />thereof 10 be their voluntary act nnd deed.
<br />Witness my hund and notariul seal al Grand Island. Nebraska
<br />date aforesaid.
<br />
<br />III ..nul \.'U111l1y, I ill'
<br />
<br />My Commission expires:
<br />
<br />1Je,-:E~I..~/,0 9tp.'~--
<br />
<br />N'lI.lI\ I'uhll.
<br />
<br />REQUEST FOR RI'CONVEYANCI'
<br />
<br />ToTRUSfn
<br />The undcnign\.'d i.. the holder of lht., nnle iH notc.. 'l'L'tlrl'd 11\ lhi.. Ikl'd III 1'11l~!, SilHIIlPh' III lIo1l'~, rll1!l'llll'l
<br />.....ith all other indchtcdnc..... "c\:UI'cd by thi.. Ik\.'d .'1 1111"1. 1I11\ l' hl'l'll palLllll 11111. Yllll .Ill' hl',dl\ Itlr 1'\ Il'd Ill, ,llh ~'I ,,11.1
<br />illite Ul IHlle.. and thi.. DL'cd of TllI..I, \\IJ1I.:11 illl' Jdi\cred Ill'!l'ln, alld In rnllll\n, \\ltlllllll \\,HI,IIII\, tllllll I -I,IIL
<br />Ill'" hdJ h\ \'011 undl'l lhl~ l)cl't.! lit ('Ill'" III [Ill' pl'r~IIII Ilf pl'I~lltl~ Iq~;lll\ ,'l1ltll"11 1111"1,"1,'
<br />
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