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105851 WO"ttifim £wAet m" Borrower and Lender Nrther covenant and agree as fallows: 27 ACCRLERATWN; RIEMEOM Upon borrower's breach of any covenant or agreement of Borrower in this Instrument, including, but not limited'*, the coveartt b to pay wke due any stems secmd bytW Instrument. Lender at Lender's option may declare all of the sums secured by tbit Iaelrttt wm to be immediately due and poyable without further demand. and may invoke the power of sal: and any other remedies permitted by app6pbk law or p 6vided herein. Borrower acknowledges that the power of sale herein granted may be exercised by Lender without prior jMriai htatin{ tionuwer has the rWa to bring as action to amen the son -existence of a breach or any other defense of Borrower to acceleration add oak: Leader shall be ess"d so wiled all oosg'and expenses incurred in pursuing such remedies, including, but not limited to, attorney's fees aM ours ordoci imm ary evideace, abstracts and title reports. If tie power of sak is invoked. Trustee shalt record a notice of default in each county in which the Property or some pan thereof is located and droll arl copies of sigh notice in the manner prescribed by applicable law to Borrower and to she other persons prescribed by applicable law. sn Thine ibaN give notion of sale and Trumee shall sell the Property according o the laws of Nebraska. Trustee may sell the Property at the time and phut aid under the terms designated in the notice of sale in one or more parcels and in such order as Trustee may determine. Trusts may pampeite asks of all or any pared of the Property by public announcement at the time and place of any previously scheduled sale. Lender or L odsirli'deisaw may purchase the. Propr.y at any sat-. Trustee shall deliver to the purchaser Tnwm's deed conveying the Property so sold without any covenant or warranty, expressed or implied. Mw red" is the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale is the WNowing order: (a) to all costs and expenses of the sale, including, but not limited to, Trustee's fees of not more than ...... _% of the gross sake price, attorney's kes and costs of tide evidence. (b) to all sums secured by this Instrument to such order as Lender, in Lender's sole discretion. dim= and (c) the excess, if any, to the person or persons legally entitled thereto. A RECOIYVEYAteiCE. Upon payment of all sums secured by this Instrument, Lender shall request Trustee to reconvey the Property and shall swieader this Instmment and all notes evidencing indebtedness secured by this Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled thereto. Such person or persons shall pay Trustee's reasonable costs incurred in so reconveying tie Property. 20t 9UNI47TTVTE TRUSTEE. Lender. at Lenders option. may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed beretmder by an marument recorded to the county in which this Instrument is recorded Without conveyance of the Property, the successor trustee shall succeed to all the tide. power and duties conferred upon the Trustee herein and by applicable law. A REQUEST FOR NOTICFS Borrower requests that copies of the nonce of default and notice of sale he sent to Borrower's address stated below. 3L FUTURE ADVANCES. Upon request of Borrower. Lender, at Lender's option so long as this Instrument secures indebtedness held by Leader. may make Future Advances to Borrower Such Future Advances. with interest therein, shall be secured by this Instrument when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness secured by this Inswsnem. not ' includirst sums advanced in accordance herewith to protect the secunty of this Instrument. exceed the original amount of the Note (US S_- _2 :QQOa •A0 ............... _ ...__. ) plus the additional sum of Us S_ .1lV�One IN WrINFSS WHEREOF. Borrower has executed this Instrument or has caused the same to be executed by its representatives tbeteunto duly authorized. _._ ..... ............. .. ... .._. .._ ... ._.. .. .....�- ............ ........ Herbert F. Mayer Jr. , at} in idual / Yn, _ _ ............._ ..... _ 3' r+N.JE... jY/1 TISRf j -,"f �..o�...kl _ ...__.__ ............... ........... _ .. _ . _. `No onvep 5pous Rights 0iily " "' Katharine ?layer, his wife .. .... ........ ........ ............. _ _ . ..._ _ .... ...__ .__. _ .............. _.... ............................... Borrowers Address- 3135 Briarwood Blvd. _......... Grand,. Islat.d., Ne.bra §ka __ _. _ 68801 -._,_. _. _.,......_._._...- _..._._..,.., ** Notwithstanding the provisions of paragraph 19 of this Deed of Trust, the following provisions shall be applied with regard to assumptions: The Borrower may transfer Borrower's interest in the property, with no increase in the interest rate, to a transferee (a) whose creditworthiness, management ability and other qualifications are acceptable to Lender, (b) vho executes an assumption agreement satisfactory to Lender provided: (i) Borrower pays Lender a fee of one per cent (1 %) of the out- standing indebtedness secured by the Deed of Trust at the time of the transfer; plus review f4sc requested by Lender for reviewing the transferee's credit..rorthiness, management ability and other qualifications, and for reviewing or pre- paring documents related to the transfer, (ii) Borrower pays Lender's contract loan servicer (i.e. the entity responsible to Lender for collecting Borrower's monthly payments, monitoring or escrowing for payment of insurance and taxes, and performing other similar duties) a reasonable fee as requested by the loan servicer, and (iii) such transfer occur within 60 days after Lender's approval of the transferee. Grp �� Dat Herbert F..� Mayer,, Jr., an i`t:dlac duo Katharine Maw er. he --