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<br />88- 106790 <br /> <br />NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree 88 follows: <br />19, Accelerltlon; Remedl.., Lender .blll gI.. nollce 10 Dorro"er prior 10 aecelerlllon lollowlng Dorro"er'. <br />breleb 01 anJ co..nlnl or Ivemenlln Ibl. SecurtlJ 1..lrumenl (bul not prior 10 leeelerstlon under plrlgrapbs 13 and 17 <br />unlen Ippllcable II" pro,ld.. olb.....IH), The nollce sblll apecily: (I) tbe delaull; (b) tbe Icllon required 10 cure Ibe <br />dellul!; (c) I dole, nol 1_lbln 30 doyI from Ibe date Ibe notice I. lI,en 10 Dorro"er, by ..bleb tbe dellult musl be cured; <br />Ind (d) IbIt foll.re 10 e.re tbe dell.1I on or belore tbe dol. speclDed In Ihe nollce may r..ult In acceleration 01 Ihe I.ml <br />....red bJ Ibla S...rlty Inllr.ment lod .... 01 Ibe Properly, The nollce shall I.rtber Inlorm Dorrower 01 Ihe right 10 <br />relnllll. ofter acceleration and lb. rtpl to brtng a co.rt aotlon 10 ....rtlhe non.exlstence of s dela.1I or any other <br />delense orBorro"er to Iccelerallon II>d"'e IlIb. dellult Is Dot eured on or belore tbe dal. sp..ltled In Ih. nollee, Lender <br />11111 option mlY require lmmedllt. payment In full or III IUIDO secured by Ibll Security Inslrument wllboul furlher <br />demlnd Ind may In,oke Ibe po"er or"'e and any olber remedl.. permItted by sppllcabl.la". Lender sblll be enlllled to <br />coiled III upen... Incurred In punulng lb. remedleo pro,lded In Ibis pArlVaph 19, Including, but not IImlled to, <br />reaonable .homeyl' fees and costs ortlde nldence. <br />If tb. po"er 01 ..Ie Is In,oked, Trustce sball r..ord a notice .r default In cacb county In which any part 01 Ihe <br />properlJ Is located and shill mall copl.. or IUch notice In Ibe manner preacrlbed by applicable law to Borro"er snd 10 the <br />olher penonl p....rtbed by appllcabl. la.., After Ihellme required by appllcsble Isw, Trustee shsllgIYe public notice 01 <br />..Ie 10 tbe penon and In the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Properly II public euctlon to lhe highest bidder al tbe time end place and under Ihelerms deoignsted In the notice 01 ssle In <br />one or more parcels and In any order Truslee delermlnes, Truslee may poslpone sale 01 all or sny psrcel or Ibe Property by <br />pobllc announcemenl at the tlm. and plsc. of any pre.lously scbeduled sale. Lender or Its design.. may purchase Ihe <br />Properly at eny..le. <br />Upon recelpl or psyment or Ibe price bid, Truslee sball dell.er 10 Ibe purchaser Trustee's deed eon.eylng the <br />Properly. The r..ltals In Ibe Truslee's deed shail be prlms facie e.ldence 01 Ibe trutb 01 Ibe statements made Ihereln. <br />Truslee shill apply the proceeds or the sale In Ihe rollowlng order: (a) to ail expenses 01 the ssle, including, bul nolllmlled <br />to, Truslee's fees as permitted by applicable IIW and reasonlble attorneys' lees; (b) to all sums secured by ibis Security <br />Instrumen!; and lc) eny excess to the person or persons legally enlltled 10 It. <br />20. Lender In I!ossesslnn. Upon acceleration under parsgraph 19 or abandonment of the Property, Leader (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession 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 Trustee to <br />reconvey the Property 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 wi~hout charge to the person or persons <br />legally entitled to it Such person or persons shail 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 sppointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded, <br />Without coo.eyance of Ibe Properly, the successor trustee shall succeed to an the title, power and duties conferred upon <br />Trustce herein aad by spplicablelaw. <br />23, Roquesl for Notices. Borrower requests that copies of the notices of dcfault and salc bc sent to Borrower's <br />address which is the Property Address, <br />24. Rid.... to ibis Security lostrumenl,lfone or marc riders are executed by Borrower and recorded together with <br />this Security Instrument, the covensnts and sgreements of each such rider shan be incorporstcd into and shall amend and <br />supplement Ihe covensnts and sgreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check sppllcabJe OOx(es)] <br />o Adjustable Rale Rider 0 Condominium Rider 0 2-4 Family Rider <br /> <br />o Graduated Payment Rider <br /> <br />o Plsnned Unit Development Rider <br /> <br />I!I Other(s) [specify] Acknowledgement <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)e.ecutcd by Borrower and recorded with it, , <br /> <br />/ --:-~:;L /' ~ <br />..Ti..~:~'~~..:~,....~.,..,,~2 <br />~ ai' <br />.,....,Q...d.~..,'q",.......,..,.,Q6Y..q,.,.........,(Seal) <br />Debra J. LessiQ1'- d -Borrower <br /> <br />........................................................................................ <br /> <br />........................................................................................ <br /> <br />STATE OF NEBRASKA, <br /> <br />Hall <br /> <br />County ss: <br /> <br />On this 8th day of December .19 88. before me, Lhe undersigned, a Notary Publil.: <br />duly commissioned and qualified for said county, personaHy came Timothy W. Lessig and Sebra <br />J. Lessig, Husband and Wife . to me known 10 be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be their voluntary act and deed. <br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the <br />date sfotesald. <br /> <br />My Commission expires: <br /> <br />...r:--_II_U <br />C.L ItA.KlE <br />r'- "_!4i11<29.l!l!! <br />To Tii.USrEE' <br />The undersigned Is the holder of the nOle or R011:5 secured by Ihi~ Deed of Trust. Said note or f1(lIC.-.. logclh~r <br />wilh all other indebtedness secured by this Deed of TrU"iiI. have bern paid in full. You arc hereby din."Cll'l!lll c<1nccl 'iail! <br />note Of noles and Ihb Deed of TruSl. which arc dcli...ered hereby. and In reconvey, without warranty, <1l1ll1c c"lalc <br />now held by you under Ihls Deed of Trusl 10 Ihe person or persollS legally enlilled ltll"retn. <br /> <br />NOlary Public <br />REQUEST FOR RECONVEYANCE <br /> <br />C 2. Ie" I ' <br />.................\...........~..... <br /> <br />Date: <br />