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88- 106989 NON.UNIFORM COVENANTS. Borrower and Lender further coyenant and agree as follows: Ill. Acceleration; Remedl... Lender sball gin notice to Borrower prior to acceleration following Borrower's breacb of any connant or agreement In tbll SecurIty Instrument (but not prior to aceeleratlon under peragraphs 13 and 17 ullien applicable law prondes otberwlse). The nollce .baI1 specify: (a) lbe default; (b) tbe action required to cure the deflllllt; (cla date, not len lban 30 daJII from lbe date lbe notice II given to Borrower, by ",idch the default must be cured; and (d) that failure to cure lbe default on or before lbe date specified In lbe notice mQY result In acceleration of lbe sums secured by tbll Seeurity Instrument IIIId sale of the Property. The notice abail furlber Inform Borrower of lbe right to reinstate after acceleration and lbe right to bring a court action to assert lbe nun.exlstence of a default or any olber defease of Borrower to acceleration and sale. If lbe default I. not cured on or before tbe date specified In lbe notice, Lender at Ita option mar require immediate payment In full of all SUOII secured by tbiI Seeurity Instrument wilbout further demand and may Invoke lbe power of sale and lIDY other remedies permitted lIy applicable law. Lender.hall be entitled to coiled all expeDSCI lucm:red In punulng lbe remedies provided In lbls paragraph 19, including. hut not limited to, reasonable attomeJII' feel ami COlli nftitle evidence. If lbe power of sale II Involted, Trnste~ shall record a uotice of default In each county In which any part of lbe Property II located and .baI1 mall copies of ouch notice In lbe mllJ\ner prescn"bed by appl1cable Jaw to Borrower and to the other penoos prescribed by appllcable law. Aner tile time required by applicable law, Trnstee shall ghe pubUc notice of sale to lbe perlon. and In lbe manner p....cribed hy applicable law. Trustee, wllbout demand on Borrower, shall sell lbe Property at public auction to lbe highest bidder at lbe time lIDd pia.. and under lbe terms designated In lbe notice of sale in one or more parcell IIJ\d In IIJ\Y order Trnstee determln... Trnstee may postpone sale of all or any parcel of lbe Property by publlc announcement at the time IIJ\d place of any previously scbeduled sale. Lender or ill designee may purchase the Property at any we. Upon receipt of payment of the price bid, Trustee .haI1 deliver to the purchaser Trustee's deed conveying the Property. The recitals In the Trostee'. deed shall be prima fade endence of the truth of the statements made lberein. Trostee shall apply the proceeds of the sale In lbe foIlowing order: (a) to all elQlCllSCS of the sale, including, but not limited to, Trustee's feel as permitted by appll""ble law and reasonable attoroeJII' fees; (b) to all sums secured by tbiI Security Instrument; and (e) any excess to lbe penon or perlOns legally entitled to iL 20. Lender in Poossession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiyer) shall be entitled to enler upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents coIlected by Lender or the receiyer shall be applied lirst to payment of the costs of managemenl of the Property and collection of rents, including, but not limited to, receiver's f.... premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustceto reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Truslee shall recollyey the Property without warranty and withoul charge to the person or persons legally entitIrd 10 it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee, Lender, at its option, may from lime to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrumenl is recorded. Wilhout conyeyance of the Property, the successor trustee shall succeed to all the lille, power and duties conferred upon Trustee herein and by applicable law. 23. RequeIt for Notlca, Borrower requests thai copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. RIden to tbiI Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Imtromenl, the covenants and agreements of each such rider shall be incorporated into and shall amend and . supplemenl the covenants and agreements of this Security Instrument as if Ihe rider(s) were a pan of this Security Instrument. [Check applicable box(es)] o Adjustallle Kale Rider 0 Condominium Rider 0 2-4 Family Rider o Graduated Payment Rider o Planned Unit Development Rider lY Other(s) [specify] Acknowledgement BY SIGNtNG BELOW, Borrower accepts and agret". 10 the lenas and coyenanlS contained in this Security Instrument and in any rider(s) executed by Borrower and r<:.a>rdL . -~:=:_--~:::_-_::-----_:: ,~':::r~: ST"'TEOF NEBRASKA, Hall Counly ss: On this 28th day of December ,19 88 , before me, the undersigned, " Notary Public duly commissioned and qualified for said county, persnnally came Thomas J. Kaiser and Mary E. Goodwin Kaiser, Husband and Wife __________________________________ ,10 me known 10 belhe idenllcal person(s) whose name(s) are subscribed to the foregoing inslrument and acknowledged lh. ..eculion thereof to be their voluntary acl and deed. Wilnes~ my hand and notarial seal al Grand Island, Nebraska in said .0Unly. Ihe dale aforesDld. . /J iiIJUM. _IMY'- II.... / - ......-?:~. ~ - My Co mi n....~ ta' // ~'. 0?YYl :q~ . U~"". ~ ..,c.a. J. . ................... ............................ NOlin' Public REQUEST FOR RECONVEY ANCE To TRll5TEE: The undcnilnal is the holder or the n01(' or noles secured hy Ihis Derd of Truc;l Said Ilolc,' or I1PtC.... lOP.l'lhl'l with all olher indebtedness secured by this Deed of Trust. hu\'c been paid in full. You arc herehy UilcdcLJlll \,'r1lhx'l !':lltl nOle or notes and this Deed or Trusl. which are dc:livC'red herehy. and 10 reconvey, withoul \\iUfanlv, all the l"tall' now held by you under lhis D.ed or Trnsl'o lh. person or persol1' Ic~"lIy cnlillcd .hcrc'o DI!c: