A
<br />NON - UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Linder shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenstat or agreement in this Security Instrument (but not prior to acceleration and" paragraphs 13 and 17
<br />usdoss applic&W law provides otherwise). The notice shall specify: (a) the default; (b) the action required to care the
<br />(e) a dew, not lem 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 care the default on or before the date specified In the notice may result In acceleration of the sam
<br />tafteared by this Security Instruct 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 nonexistence of a default or any now
<br />defense of Borrower to acceleration and sak. 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 farther
<br />demand and may invoke the power of sale asall any other remakes permitted by applicable law, Leader shall be entitled to
<br />Coleco all expeem Incurred in pursuing the remedies provided In this paragraph 19, including, but not limited to,
<br />reasonallsle attorneys' fees and casts of tide cridencc.
<br />If the power of sak is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located mad shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by amicable law. After the time required by applicable law, Trustee shall give public notice of
<br />sak to the parsons 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 shall 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 reconvey 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 upor.
<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 ❑ Condominium Rider ❑ 2-4 Family Rider
<br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider
<br />® Other(s) [specify) Acknowledgement
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded w'th
<br />it
<br />......................................................... ............................... ,..�'
<br />(Seal)
<br />William Dewhurst — borrower
<br />.(Seal)
<br />cry Dewhurst
<br />STATE OF NEBRASKA, Hall County ss:
<br />On this 8th day of April 19 87 , before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally carne William Dewhurst and Mary Lou
<br />Dewhurst, husband and wife , to me known to 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 in said county, the
<br />date aforesaid.
<br />al III I Ing
<br />Y 1111 +Midi 88
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<br />................
<br />REQ[ [.ST T'OR WCONVEYANCL
<br />Tt� TRUtiTt:E
<br />The undersigned k the holder of the note or notes secured hV till, Deed r.t I runt Sail notC Or note . tope!hrr
<br />with all other indchtcdness secured bV this Deed of Trust, have been paid it! Full. Noll air hrrcho ,iirectcd to ranrrl "all
<br />note or notes and thin Heed of 17ust, which are dehveter.l htsehq, and Io nrron eN. 'suhoul ,.urann, all III,, a:uc
<br />now held hs gsru under this Iced tit 'Trust to the Jvlson or person, levalll rnntJcd theirs"
<br />IWk.,
<br />M1
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