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87-- t05995
<br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows;
<br />19, Acceleration; , Leader Mail give notice to Borrower prior to acceleration following Borrower's
<br />breach of any cov eaant or agreement in this Security Instrument (bat not prior to acceleration tinder paragrapbs 13 and 17
<br />realms applicable law provides ). The nee chap specify: (a) the default; (b) the Action required to eons the
<br />dedwlf; (c) a dole, on less than 30 days from the date the notica is given to Borrower, by which dw default mast be currtd;
<br />mad (d) fiat fa sere to care the daWl on o before the date Wiflml in the nuts@ may result in areelerstian of the,t s
<br />mewed by dile Security 1 t and salt of the Property. The notice shall further inform Borrower of the r*M to
<br />reinstate after acceleration and *a right to bring a court action to smart the non - existence of a default or any other
<br />defense of Borrower to acceleration amt tank, If the default is not cared on or before the date specified In the nod". Leader
<br />at He epees may require immediate payment in fall of all an= secured by this Security Instrument without fortbar
<br />dessmid rand nary invoke the power of sale and any other permitted by sppilenble law, header gall be nodded to
<br />collect all expenses Incurred in pursuing the provided In this paragraph 19, including, but not limited to,
<br />remonable attorneys' fees and coos of title evidence.
<br />If the power of sale Is invoked, Trash shall record a notice of default In such county in which any part of the
<br />Property is located and shall mail copies of such notice is On manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicable law. After the time required by applicable law, Trustee `ball give public notice of
<br />sale to the persons Bad in the manner prescribed by applicable law. Trustee, without demand on.Borrower, shall sell the
<br />Property at pubtle auction to the highest bidder at the time and plan and under the terms designated In the notice of ask in
<br />00 or more parcels and in any order Trustee determines. Trustee may posipore We of all or any parcel of the Property by
<br />pink announcement at the time and place of any previously scheduled sale. Lender or its designee may purcksse 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 is 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 />11. Reed veyance. 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 upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borrower requests that copies of the notices of default and We 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 />7 Graduated Payment Rider [J Planned Unit Development Rider
<br />® Other(s) [specify] Acknowledgment
<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 with it.
<br />.`.... r': �..'.. � .................................. ............................... (Seal)
<br />TOM
<br />L. B0f1ONer Gr.7.0... . ..... ........... (Seal) ......................................................... ............................... ���—
<br />D ANA BUETTNER 4kwfOWor
<br />STATE oF NEBRASKA. Hall County ss:
<br />On this 7th day of October 1987 , before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Tom L. Buettner and Diana Buettner,
<br />husband and wife , to me known to be the
<br />identical persons) 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 aforesaid.
<br />L My Commission expires:
<br />....... . ........... ...... ........... .......... I ....... X011111, ..
<br />dMIShclthtMa Nor.uy Pvbhc
<br />MLL. �4 REQUEST' FOR REiCONVE?YANCE:
<br />The undersigned is the holder of the note or notes secured by :his Deed of 'f rust. Said note or note., topolicr
<br />with all other indebtedness sccured by flik Decd of Trust, have been paid in full. You arc herchy directed to cancel laud
<br />note cnr notes and this Dved of Trust, which are delivered herehy, and so reconvey• without warrants, all the 01atc
<br />now held by you under this Deed of "Trust to the person or persons ley,alh entitled thereto
<br />Do
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