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8b-- 105212
<br />s �'�t r�xt l , i� t 'tiA�• iti
<br />Remedies. L lit,rriiw cr in.! Lrndrr further ,:,:en,int .,rid .,t2trc a: f „il.iwt.
<br />1 rte Lion; ender shall {rive notice to Borrower prior to acceleration following Iorrower's
<br />breach of any covenant or agreement in this Security Instrument fbut not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). 'Me notice shall specify: (a) the default; (b) the action required to cure the
<br />default: (c) a date, not leas than 30 days from the date the notice is given to Borrower, by which the default must he 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 spy other
<br />defense of Borrower to acceleration and sale. it the default is nut cured on Or before the date specified in the notice, tender
<br />of its option may require immediate payment in full of all suns 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 or default in each county in which any part of the
<br />Property is located and shall moil copies of such notice in the 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 shall give public notice of
<br />note to the persons and in the manner prescribed by applicable law. Trustee. without demand on Borrower, shall sell the
<br />Property of public auction to the highest bidder of 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 o►the Property by
<br />public announcement of 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 porcho -eer Tru—,ze s Geed conveying the
<br />Property. The recitals in the Trustee's d___ sh t! be prima facie evidence of the truth of the statements made therein.
<br />Trutt sbaii apply the proceeds of the vle 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' tees; (h) 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 14 or abandonment of the Property. Lender (in
<br />Person, by agent or by judicially appointed receiver) shall he rnitrled to enter upon, take possession of and manage the
<br />Property and to collect the rents of the Property including those past duc. Any rents collected by Lender or the receiver
<br />shall he 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 ti,en to the sums secured by
<br />this Security tn%irumeni.
<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 reconvcy 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 />21. 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 tide, 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. B�ogtrjr�osw���tt urtbbeerr request s_p£thr�af cyn+�iI Hof the notices of de�au
<br />24. Riders to this Security nstrutYl>Ehf TPoSs prt9MYfirdt �hec�IF2d t4S' Hxi Stfd' party hereto at t e
<br />y rsxtuded Together with
<br />this Security Instrument, the covenants and agreements of each such ndershall be inetrrporaied into and -hail amend and
<br />Supplement the covenants and agreements of this Security Instrument as if the rui..rr,) were arm ; of the security
<br />Instrument. [Check applicable box(es)]
<br />Adjustable Rate Rider 1 Condominium Rider 0 2-4 Family Rider
<br />0'. Graduated Payment Rider [ Planned Unit Development Rider
<br />Other(s) (specify)
<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 1h11.
<br />F f ;
<br />' AINS�_(
<br />YAP S . HA\ sf ,
<br />_ --- --.. —..-- tSwte 9010. Tha Line Fm AaM iedpnenll
<br />STATE Of NEBRASKA, i #e I' _ _ .. _ .. County Ss.
<br />On this . 9th ... ...day of. tuber .. l9:-�6... before me. the undersi ^yncd. a Notar}
<br />duly commissioned and qualified for said county, personally came. ,John R. Hansen and Karen J. Fansen
<br />... .... ..... 1jusband ,and Wife - • to nu kmown to jc th,
<br />identical person(s) whose name are subscnbcd to the foregoing instrument and acknowled,:d the CWLit,un
<br />thereof to he ... t}re_ir , voluntary act and decd.
<br />Witness my hand and notarial %cal at Grand 'Island
<br />dare aforesaid.
<br />My q&,-, S%—M, B6MtA -- -KAY1 00 1988 �
<br />MI&OEYERLY J 6� -n
<br />My umm. U £ AFY'FRI Y J . Rid IFR �cury r o c
<br />REOUEST FOR RECONVEYANCE
<br />To Tousi t I
<br />The undcrsiened is the holder of the noic ot notes secured by this Decd of Tr;st S-id r,,:_ c:
<br />with all other indebiedzess �ernrcd by this Deed of 1 rus(, have bren p:.!.i to f0 Yoii : rC .nt:
<br />said note if mites and iln% Dced of Trutt. which are dchvrrcd fare::- )..i,id t., rcL,.n:t
<br />estate nov, held by you Undrr this Deed 4 1 rust it, the pcfswi :a i, is, -.r `,, :al.s , r-i.ii, !L, ,
<br />
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