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<br />NON. UNIFORM COVENANTS. Borrower and Lender funher covenanlond ogree os fol.lows:
<br />19. Acceleration; Remedl.., Lender sblll lire notice to Borrower prior to accelerlUon followlnll Borrower's
<br />breach of...y co..n...t or agreement In thll Security Instrumenl (but not prior to acccleraUon under paralP'aphl 13 and 17
<br />unlea appIl....le .." proyldes olberwlse), The notice shall lpecl(y: (al the default; (b) tbe action required to cure tbe
<br />default; (c) a date, not lesalb... 30 days from Ibe dale the notice Isgl,en 10 Borro"er, by whleb the default must be cured;
<br />...d (II) thai failure 10 CU~ Ibc default on or befo~ Ibe date lpecllled In the noUee may reault In acceleration of Ihe IUI1lll
<br />secured by ibis Security Instrumenland salE oflhE Property, The notice sball further Inform Borro"er oflhe right to
<br />reinstate after acceleration ...d tbe right to brins a court actloo to assert the non...xlstence of a default or any other
<br />dere_ ofBorro"er to acceleration and sale, If the derault Is not cured on or before the date specllled In Ibe nollce, Lender
<br />at Its opUon may requl~ Immedilte payment In full of all SUI1lll secured by thl. Security Inslrument without furtber
<br />demand...d may Inyoke the po"e~ of sale and any other remedies permitted by applicable lB". Lender sball he entitled to
<br />coliect all expen... locurred In pUl'sulns Ibe remedies provided In this poralP'aph 19, including: but not limited to,
<br />reasonable attorneys' fees and costs of title e,ldence.
<br />If tbe po"er of sale Is Invoked, Trustee shall record a notice of default In each county In wblch any part of the
<br />Property "'located and shali mall copies of such notice in Ibe manner prescribed by applicable la.... to Borrower and to the
<br />other persons prescribed by applicable law. After Ibe time required by appllcablela", Trustee shall ghe public notice of
<br />.ale to Ibe persons and In the manner prescribed by applicable law, Trustee, "ilbout demand on Borrower, shall seli the
<br />Property at public auction to Ibe highest bidder at the time and place and under Ihe terms designateil in Ibe 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 sale. Lender or its designee may purchase the
<br />Property at any sale,
<br />Upon receipt of payment of tbe price bid, Trustee shali deliver 10 tbe purcbaser Trustee's deed conveyiog the
<br />Property. The recitals in the Trustee's deed sbsli be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of Ihe sale in the follomns order: (a) to all expenses o~ the sate, Including, but not limited
<br />to, Trustee's fees .. permllted by applicable ta" and reasonable attorneys' fees; (b) 10 all sums secured by Ibis Security
<br />Instrument; and (c) any excess to tbe person or persons legally enliUed 10 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 entilled to enler upon, take possession of and manage the
<br />Property and to collectthe.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 ta, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums secured by
<br />this Security Instrument.
<br />
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Propeny 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 wilhout charge to the person or persons
<br />]egally 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 truslee 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 the Propeny Address.
<br />24. Riden to this Security Instmment. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and asreements 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 />Inslrument. [Check applicable box(es))
<br />o Adjustab]e Rate Rider 0 Condominium Rider 0 2-4 Family Rider
<br />
<br />88_106285
<br />
<br />o Graduated Payment Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />o Other(s) [specify]
<br />
<br />BY SIGNING BELOW, Borrower accepts and allces to the terms and covenants contained in this Security
<br />Instrument and in any rider{s) executed by Borrower and recorded with it.
<br />
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<br />........................................................................................ .......Jii~..i~:......~jj~~:2
<br />........................................................................................ .......~:~t.~~~2
<br />
<br />STATE OF NEBRASKA.
<br />
<br />HBll County ss:
<br />
<br />On this 23rd day or November, ]9 BB , before me, the undersigned, a NOlary Public
<br />duly commissioned and qualified for said county, personally came James G . Clampitt and Verna Rae
<br />Clampitt, each in his and her own right, and as spouse of each ot~~meknownlobelhe
<br />identical person(s) whose namc(s) arc subscribed to the foregoing instrument and acknowledged Ihe execution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said counly. Ihe
<br />date aforesaid.
<br />
<br />My Commission expires: I.L-:era::e:).. .~~v. E. .~.~
<br />I N.Il<ll\ Puhlll'
<br />REQUEST FOR RECONVEYANCE
<br />
<br />To TRUSTEE,
<br />
<br />The undersigned is the holder of 1he nole or nOlc'i 'CI.:Urt:u hy lhi~ Dl"l.:d III Tnt"l S<lid noll' 1.1T Iloll.... Illgl'lhcT
<br />with all other indcblednc5~ secured by this Deed of Trll~l. 1111\'1.: heen paid in full. \'1111 all' h\'"ll"hy dircl'ted 10 l"OIll..'I...1 .,alll
<br />note or nulcIj and thilj Deed or TruM. ",'hid, lire delivcred hC'Tl.'hy, and Itl I l"ltlll\l' \ , \\llhllUI \\arranl\", '"lIlhl" I.',lall'
<br />now hdd hy you under Ihi, Deed of TIll'll 10 Ihe pl"f'iOn or Pl"f'oOIl' Iqwlh l'I11PIl-tJ lhl"tl'~ll
<br />I . l ~
<br />
<br />Dale:
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