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<br />87-10168,,
<br />NON-U N1 FORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default 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 of the sums
<br />secured by this Security Instrument and sale of the Property. 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 default or any other
<br />defense of 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 further
<br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to,
<br />reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower mull to the
<br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder at the time and place and under the terms designated in the 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 the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed shag be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order (a) to all expenses of the 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 Possession. 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 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 recwnvey 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 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 Property Address.
<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 />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />_ ` Adjustable Rate Rider F� Condominium Rider El 2-4 Family Rider
<br />— Graduated Payment Rider � Planned Unit Development Rider
<br />Other(s) [specify]
<br />By SIGNING BELOW, Borrower accepts and agrees to and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and rxo with iti
<br />_......._ ........... ..__......................... .................... .........(Seal)
<br />IN L HOOKER —Borrower
<br />......... .................... ..... ............... .............. -4 ....... _ .............. ° .... ......-- ....... (Seal)
<br />WILDA I HOOKER --Bay
<br />StAtL ,?t- NEBRASKA. Coumv ss:
<br />On this 25th day of MARCH '19 87 , before me, the undersigned, a Notary Public
<br />July ommissioned and qualified for said county, personally came QUENTEN L HOOKER AN�O I HOOKER,
<br />AS JOINT TENANTS WITH RIGHT OF SURVIVORSHIP, AND NOT AS TENANTS IN, tomown to he the
<br />identical per,on(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to he THEIR voluntary act and deed.
<br />Witness m\ hand and notarial seal at GRAND ISLAND. NEBRASKA in said county, the
<br />date afore,aid.
<br />..................
<br />u.�e�elrt eifsl REQUEST FOR RECONVE \'.ANCE Notat> Pub6.
<br />IO "(Ht Stti
<br />I he :wdrt,tkaed I, the holder of the note or note, ,ecured M tht, Deed of fru,i. Said note or notes. togclhc.
<br />wuh all other !ndchtcdnc,s ,e.utctl by tht, Deed of Trust, lta%e been paid its full_ you are hercb� directed to cancel ,&J
<br />note ,t note, and thi, Decd of I rim, which are dch�eted hercb_ti. and to rccon,cs, ,%ithow wanaurn, all the rout,
<br />IwA II, hl' _ • u under 1111, I)erd t,fTru,f to file pci on of pet•om koalh etuitlyd theuio
<br />r.
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