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<br />88- 106042
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<br />NON.UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows:
<br />19. Aeceleration; Remedies. Lender shall give notice to Borrower prior to accelerallon Collowlng Borrower's
<br />breacb or any covenant oragreement In this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice sball specify: (a) the derault; (b) the action required to cure the
<br />derault; (e) a date, not less than 30 days from the date tbe notice is given to Borrower, by which the deCault must be cured;
<br />and (d) that failure to cure the default on or before the date specified in the notice may result In acceleration oC the sums
<br />secured by this Security Instrument and sale or tbe Properly. The notice shall further Inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non-existence of a derault or any other
<br />defense or 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 Immediate payment In full of all sums secured by this Security Instrument without f"rth.,
<br />demand and may invoke the power ofsale and any other remedies permitted by applicable law. Lender shall be ell.~I!led to
<br />collect all expenses incurred in pursuing tbe remedies provided In this paragraph 19, including, but not \hnited to.
<br />rCl\SOnable attorneys' fees and costs or title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county In which any part DC the
<br />Properly is located and sball mail copies of such notice In the manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicable law. Mter the time required by applicable law, Trustee sball give public notice oC
<br />sale to the persons and In the manner prescribed by applicable law. Trustee, witbout demand on Borrower, shall sell tbe
<br />Properly at public auction to the blgbest bidder at the time and place and under the terms designated In the notice oC 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 scbeduled sale. Lender or its designee may purchase the
<br />Property at any sale,
<br />Upon receipt or payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Properly. The recitals in the Trustee's deed sball be prima facie evidence DC the truth of tbe statements made therein.
<br />Trustee shall apply tbe proceeds of the sale In the following order: (a) to all expenses of tbe 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 Rossesslon. 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 and manage the
<br />Property qnd 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 maoagement of the Property and collection of rents, including, but not
<br />limited 101 receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then 10 the sums secured by
<br />this Security Instrument.
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<br />21. Reconveyance. Upon payment of all sums secured by this Security instrument, Lender shall request Truslee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this SecurilY
<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 time 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 />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein BOd by applicable law.
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<br />23. Request for Notices, Borrower requests that copies of tbe notices of default and sale be sent to Borrower's
<br />address which is the Property Address.
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<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 />supplemcot the covenants and agreements of this Security Instrument as if the ridcr(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />[] Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
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<br />o Graduated Payment Rider
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<br />o PIBOned Unit Development Rider
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<br />[] Other(s) [specify] Acknowledgement
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<br />By SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument BOd in any rider{s) executed by Borrower BOd recorded with it.
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<br />........................................................................................ .......~,...............................................(seal)
<br />
<br />~~.?~...=:=;
<br />-:-;9~ren K. ~~e. -Borrower
<br />
<br />STATE OF NEBRASKA,
<br />
<br />HALL
<br />
<br />County S5:
<br />
<br />On this 7th day of November , 1988
<br />duly commissioned and qualified for said county, personally came
<br />husband and wife
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument
<br />thereof to be thei r voluntary acl and deed.
<br />Witness my hand and notarial seal at Grand Is land
<br />date aforesaid.
<br />
<br />, before me, the undersigned, a Notary Public
<br />Carl P. Bowman and Karen K. Bowman,
<br />, 10 me known to be the
<br />and acknowledged the execution
<br />
<br />in said county, the
<br />
<br />&IIIIM. __ II IIIDb
<br />MARGARET M, DILLON
<br />"'_"_2.1992
<br />
<br />. <J.! ;:'.~, f ~.,~? .~?/.?. ,~~\~':<<
<br />:' NOlary Puhli~'
<br />REQUEST FOR REI;9NVEY ANCE
<br />
<br />/v
<br />
<br />My Commission expires:
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<br />The undersigned is the holder of the note or notes o;;cc:urcd by Ihis Dce:d (If rrll~l. Said nnll' or nnll". to~e:llll:r
<br />with all other indebtedncss sccured by this Dced of Trust, havc been paid in full. You arc hc:reh\' din'o.:tc:d In ClHKd ..;lId
<br />nole or OOle, and Ihi!; Deed of TruO;1, which arc deli\o'ered herehy. atlJ 10 rcc:nl1\o'c~'. \\llhout 'w[Jrrilnl~, i1l1thl' ~'q,ll~'
<br />no\\.' held h)' you under Ihi!'! Deed of Trm tll the per'iOIl or pl'r'lln.. lcp.ull\ l'nlulL'd IIll'rl'lll
<br />
<br />Oate
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