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86-- 1004,44
<br />NON. UNIFORM =COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19, ration; .Reaiedfes. ;t ruder shad :give notice to Borrower prior to acceleration `following Borrower's
<br />irate6 of any cevenaat or- a�eemeat in`t6a`5ecurity ittstrumettt (bW .twt prior to.acceleration under paragraphs 13,and ll
<br />tnlem - applksttk flaw; provides of Mw). The notice shill apecify:.(a) ,the •default; (b) the action required .to .cure the
<br />dtd'ttA4 4,044stai SOVIM than 304lays from thendistetke.notice is gfven>to Borrower, by which the =default must 'be cured.
<br />aad:;t8) t6ttt faihuae�to;care the default on :bet' ore =the•dat+e �eoifietf =ia Hte,uotice may restilt,in:aoeeleration of'the rams
<br />itactaeed?by tlsis:Setmt3ty laantneat;aad sale of Hie Property. The tu►tice sihall further inform 'Barrower ofthe right 10
<br />tairigNe:ii�r; aocebrsEion nod the :right to brigg a court - action to :assert the non- existtm ec .of °a defwuti .or anry other
<br />:its t ltioa may regpire tmnterlirle ,.psyment in 'fall of -all sums secured ,by this Security instrument without :further
<br />i iNt4 sy:iavoke the k and ray.othervetaediespeemitted'by alplicabielaw. Under shalt `be.entitled le
<br />coilact .sit t ttpeaaes :incurred is putstung' the a eme" ;provided in this ;paragraph 29, including, but not'limited to,
<br />reasoatdile attorneys' ieesant4costc of< title =evidence.
<br />if lbe, power of saie:is invoked, Trustee'Aall rceced.a notice of default in each county in which any;part of the
<br />Property is =located and sltail,mail copiesof suchinotce•in?the manner,prescribed:by applicable,lawtotBorrower and to the
<br />otiter;petr�;prescribed by.applieable law. Atter the time required by applicable law, Trustee shall give public- notice.of
<br />sale tothe,,persons and din then a mer;prescribed by:applicablelaw. Trustee, without demand on Borrower, shall sell the
<br />Property stpubfic auction.to:tbe highest bidder,at ,.the4me.and,placeand under the terms designiated-in the - notice of sale in
<br />one or more,pmels.and in.any�order T.rttstee determines. Trustee may :postpone sale of.all or any,parcel ofthe Property by
<br />public announcement :at thetime. and pliee of.any previously scheduled sale. Lender or its designee may purchase the
<br />Propertyat any, sale.
<br />:Upon :receipt of payment of the price 'bid, Trustee shall ;deliver to the purchaser Trustee's ;deed conveying the
<br />Property. Mae recitals in the Trustee's deed shall'be :prima facie evidence of the truth of the statements made therein.
<br />Trustee shail:apply the .proceeds of.the sale.in the:following:order: (s)to,all expenses ofthe sale,: including, but notllimited
<br />to, Tt's fees as;permitted by applicable ''law:sad reasonable attorneys' fees; (b) to all sums secured by this'Security
<br />Instrument; and (c) any:excesslo the;persowor 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 t'
<br />Property and to collect the rents ofthe '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 Doi
<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 Secunty 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 it 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 ofthe 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. *CONTINUED BELOW
<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 he incorporated into and shall amend and
<br />supplement the covenants and agreements of' this Security Instrument as if the rider(s) were it part of this Security
<br />Instrument. [Check applicable box(es)]
<br />Adjustable Rate Rider Condominium Rider 2-4 Family Rider
<br />— __Modification. Upon .request of borrower, lender, at lender's option, has conditionally - waived the
<br />requirements as set 'forth in :paragraph #2 "Funds for Taxes and Insurance" of the Uniform Covenants
<br />of said mortgage provided that the borrower complies with his responsibility as set forth in paragraph #4
<br />and # 5 of the Uniform Covenants acknowledging that the lender has conditionally waived his option under
<br />paragraph #2. A breech of this covenant will then activate paragraph #18 "Acceleration; Remedies."
<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 wit
<br />� G
<br />!
<br />Xidlyatr ", Eii1ee — 9ormwer
<br />(Seal )
<br />— [3onOwer
<br />- -- [Space -Below This Line For Acknowledgment] - -- —'
<br />*Borrower further requests that copies of the notice of default and notice of sale be
<br />sent to each person who is a party hereto at the address of such person set forth
<br />herein.
<br />STATE of NEBRmKA .................... ...... .....Hall................ .........................County as:
<br />On this ....... 2.7.th............ day of ... 4RMPrY........... 1cJ..�6.., before me, the undersigned, a Notary Public
<br />ned ... uali ed or �'d county, personall came ...................................... .... ..........................
<br />it ra�es aria- Connie . Bales, husband and wife,
<br />...................... ........ .....I......................... ...........................-- ............................... to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument, and acknowiedged the execu-
<br />tion thereof to be ,•their .......................... voluntary act and deed.
<br />Grand Island, Nehra�;ka ... to said count,
<br />Witness my hand and notarial seal at ........... ............................... . ....r..... ..... .... y, the ,
<br />date aforesaid.
<br />My C:ommimmi° _Met.Mrwwr. T ��
<br />D. WOLF
<br />7o. EM ON A. 1trM Wr arc' an Equal Eniploymont. O ;'A(liritwtiv', :A •t on lai.[11,�� .,r ;d, i
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