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ce <br />NewUnifertn Cove lan1% Borrower and Lender further covenant and agree as follows: 00 - 1058514 <br />i7. AC'CEI.ERATION: REMEDIES. Upon Borrowers breach or any covenant or apeement of Borrower in this Instrument, including. but not <br />Minimal to the coyemamsto Pay when due any sung weaned by this Instrument. Lender at Lender's option may declare all of the sums seared by <br />diitlastrum t to be immaliately due and payable without further demand, and may invoke the power of sale and any other remedies permitted <br />by applicable law or provided berem. Borrower acknowledges that the power of sale herein granted may be exercised by Lender without prior <br />jti I'dathemialt.- Borrower bra the riche to butts an action to own the aorttaistenm of a breach or any other defense of Borrower to acceleration <br />mad asks. ` Leader slu l be entitled to -Nee' all cops and expeMes iacursed in pursuing such remedies. including, but not limited to, attorneys fees <br />sod eom of daeunetxary evidetoe. abstracts and tide septic . <br />Kdim poster of sak is invoked. Truswe ahan record a notice ordefaah in each county in which the Property or some pan thereof is located and <br />shah anti aryies of suds wotioe in the manner prescribed by applicable law to Sommer and to the other persons prescribed by applicable taw. <br />Trasurahtdl give notice orsak and Trwtee skull sell the Property aoro►ding to the taws of Nebraska. Trustee may sell the Property at the time and <br />place sod note the term designsted in the aotioe or ask in one or more parcels and in such order as Trustee may determine. Trustee may <br />ponpoae sale of all or any parcel of the Property by public amumicenteat at the time and place of any previously scheduled sale. lender or <br />Gender's I , it P e may purchase the Property or any sale. <br />Tinny r sban deliver to the purchaser Tramice's deed conveying the Property so sold without any covenant or warranty. expressed or implied. <br />TOW mcitak in die Thurare's deed shall be prima fade evideam of the truth of the statements made therein. Trustee shall apply the proceeds or the <br />auk in the following order (a) to an costs and expenses of the sale. including. but not limited to. Trustees fees of not more than ........ %of the gross <br />ask peke, stsarney's fees and ease or title evidence. (b) to as won secured by this Instrument in such order as Lender, in Lender's sole discretion. <br />diseclr, cad tc) the excem if any. to the person or persons legally entitled thereto. <br />L. RMLXXMYANCE Upon payment of all sums secured by this Instrument. Lender shall request Trustee to reconvey the Property and shalt <br />wreader ibis Instrument and all notes evidencing indebtedness secured by this Instrument so Trustee Trustee shall reconvey the Property without <br />warranty so the peraaa or persons legally emitted thereto. Such person or persons shall pay Trustee's reasonable costs incurred in so reomtveying <br />die Property. <br />39. SII11STTTUTE TRUSTEE. Lender, at Leaders option, may from time to time remove Trustee and appoint a successor trustee to any Trustee <br />oppoiaKd hereunder by an instrument mxwded in the county in which this Instrument is recorded. Without conveyance of the Property, the <br />woeessor trustee shall succeed to all the tide, power and duties conferred upon the Trustee herein and by applicable law. <br />]a. REQUEST FOR NOTICES. Borrower requests that copies of the notice of default and notice of sae he sent to Borrower's address stated <br />below. <br />11. FUTURE ADVANCES. Upon request of Borrower. Lender, at Lender's option to Ions as this Instrument secures indebtedness held by <br />Lender. may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall he seared by this Instrument when <br />evidenced by promissory notes stating that said notes are secured hereby. At no time shall the principal amount of the indebtedness seared by this <br />lostrimme, that including suns advanced in accordance herewith to prtecr the' ni of this Instrument, exceed the original amount of the Note <br />(us i....2. 00, 9RA N ....... ..................... ..) plus the additional sum of Us i..._ ..one <br />IN WrrNFSs WHEREOF, Borrower has executed this Instrument or has caused the same to be executed by its representatives <br />thereunto duly authorized. <br />»..._._ .... _ ... _ ....................................... ............................... __. _._.._. ........... ......... <br />He bent F. Ma er, Jr., a in ideal <br />__ .... _...._... _ ............ ....._ ... t . ,,�f...NA�..lh, <br />Wair6�..,.�- ..+tE..A S�tCSIk--.A -1f 7'ri... <br />_.._._ ... _ .................- - ....._......_......... .......... - Y x P Y <br />_.. . �o ...critic er S out Ri His ...�.nL ........................ <br />Katharine Mayer, his wife <br />...... ........... _................. . ............................... ...... .. ............ ................ __ ..................... .. .......... ............................................. ................ <br />... <br />Borrower's Addresc <br />...3135... Br iarwood... Blvd.. .... ............................... <br />Grand... Island.,-.. Nebraska..._.._., _..68801 .... ................. . <br />..................... <br />** Notwithstanding the provisions of paragraph 19 of this Deed of Trust, <br />the following provisions shall be applied with regard to assumptions: <br />The Borrower may transfer Borrower's interest in the property, with <br />no increase in the interest rate, to a transferee (a) whose creditworthiness, <br />management ability and other qualifications are acceptable to Lender, (b) who <br />executes an assumption agreement satisfactory to Lender provided: <br />(i) Borrower pays Lender a fee of one per cent (1 %) of the out- <br />standing indebtedness secured by the Deed of Trust at the <br />time of the transfer; plus review fees requested by Lender <br />for reviewing the transferee's creditworthiness, management <br />ability and other qualifications, and for reviewing or pre- <br />paring documents related to the transfer, <br />(ii) Borrower pays Lender's contract loan servicer (i.e. the <br />entity responsible to Lender for collecting Borrower's monthly <br />payments. monitoring or escrowing for payment of insurance <br />and taxes, and performing other similar duties) a reasonable <br />fee as requested by the loan servicer, and <br />(iii) such transfer occur within 60 days after Lender's approval <br />of the transferee. <br />A 5 An, E <br />Dat6 Herbert F. Mayer, Jr., an dual <br />Katharine Mayer, }s-- <br />I rwer , of 9pare') <br />J <br />