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88- 106353 NON. UNIFORM COVENANTS, Borrower and Lender further covenanl and agree as follows: 1'. Aeeelenllon; Remedltl. Lender Iblll llive nollce to Borrower prior to accelenllon following Borrower's breacb of any co"nant or alP'ftlllentln tbis Security Instrument (but not prior to accelentlon under paralll'apbs 13 and 17 unIea applicable law provides otherwise). Tbe notl... sball specify: (a) tbe default; (b) tbe action required to cure the default; (c) a dale, not lea than 30 daYI from tbe date the Doll... Is given to Borrower, by whlcb tbe derauU must be cured; and (i\) that failure to cure Ibe derauU on or before tbe date specified In the noli... may result In accelentlon of tbe sums tee:nred by this Security Instrumenl and we of the Property. Tbe nolice sball furtber Inform Borrower of Ibe right 10 reinstate after a_Ientlon and the right to bring a court action 10 assert the non..xl..ence of a default or any other defense ofBonower to a_leralion and sale. If tbe default Is not cured on or before the date specified in the nollce, Lender at its option may require Immediate payment in full of oil sums secured by this Security Instrument without furtber demand and may Invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entllied to collect all expenses Incurred In punulns the remedies provided in Ihls parBllI'aph 19, including, but not limited to, reasonable attorneys' fees and coslII of title eridenee. If the power of sale Is invoked, Trustee slulll record a nolice of default in each county In whlcb any part of the Property is loc:ated and shall mall copies of sncb notice in the manner prescribed by applicable law 10 Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall glie public notice of sale to the persons and In the manner prescribed by applicable law. Trustee, without demand on Borrower, sball seli tbe Property at public auction to Ibe highest bidder at the time and place antl under the terms designated In tbe nolice of sale In one or more puce1s and In any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by pnblic announcement attbe time and place of any preriously schednled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of paymenl of tbe price bid, Trustee sball dellver to the purcbaser Trustee's deed conveying Ihe Property. Tbe recltals in tbe Trustee's deed shall be prima faele eridence nf Ihe truth of tbe statements made therein. Trustee shall apply Ihe proceeds of the sale In the followlns order: (a) to all expenses of the sale, including, but not limited 10, Trustee's fees as permitted by applicable law and reasonable altomeys' fees; (b) to all sums secured by this Security Instrument; and (e) any ""cess to the penon or penoas legally entitled to it. ZOo Lender In p'_lon. Upon accclcralion under paragraph 19 or abandonment of the Property, Lender (in person, by agenl or by judicially appointed receiver) shall be entilled to enter upon, take possession of and manage lhe Property and 10 collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to paymenl of the costs of management of the Property and colleclion of rents, including, bUl not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums secured by this Security Instrumenl. %1. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument anil all notes evidencing debt secured by lhis Security Instrumenlto Truslee. Trustee shall reconvey lhe Property wilhout warranty and without charge to the person or persons legally enlitled to it. Such person or persons shall pay any recordalion costs. 22. Substitute Trustee. Lender, at its oplion, may from time to lime remove Trustee and appoint a successor lrustee to any Trustee appointed hereunder by an instrument recorded in the county in which lhis Security Instrument is recorded. WithoUl conveyance of the Property, the successor trustee shall su""oed to all the litl.. power and duties conferred upon Trustee herein and by appJicablelaw. 23. Request for Notices. Borrower requests that copies of the nolices of default and sale be sent 10 Borrower's address which is the Property Address. %4. Riden to this Security Instrument. If one or more riders are executed by Borrower and recorded togelher with this Security Instrument, the covenants and agreements of each such rider shall be incorporaled into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a pan of this Security Instrument. [Check. applicable box(es)] ~ Adjustable Rale Rider 0 Condominium Rider 0 2-4 Family Rider o Graduated Payment Rider o Planned Unit Development Rider ~ Other(s) [specify] Acknowl edgerrent By SIGNING BELOW, Borrower accepts and agrees to the tenns and covenants contained in lhis Securlly =:'::_::=::=:~~~fif1'~ ........................................................................................ ..............................~.............:...........~...........(Sea1) Debra D. Plate -""'"" STATE OF NEBRASKA. HALL County 5S: On this 28th day of NoventJer , 1988 . before me, the undersigned. a Notary Public duly commissioned and qualified for said county. personally came Timothy C. Plate and Debra D. Plate. husband and wi fe , to me known to be thc identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be the; r voluntary act and deed. Witness m)' hand and notarial seal at Grand Island in said county. the date aforesaid. RUSTEE, The undenigned is the holder of the note or noles secured by this Deed or Trusl. Said nOle or notes, IOgcthcf with all other indebtedness secured by this Deed of Trust. have been paid in full. You arc Ill"rcby directed 10 cancel ,aid note or notes and this Deed of Trust. which arc dcli\'cred hereby. and to reconvey. withall1 warranty, all the L....lIl1l. now held by you under this tkC'd of Trust to the person or pCf'ion\ Ic~nlly cnlilled Ihereln. 1r.~.. .~.'l1.7.:..4:~(:~..... Notary Public REQUEST FOR ONVEY ANCE My Commissio __..II... IiIARGMET lot. OIWlN .,_e."JsIIr2,lID l)lIlr: