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86-- 100489 <br />NON - UNIFORM COVENANTS. Borrower and lender further covenant and agree as follows: <br />It. Acceleration; Remeiift notice to Borrower prior to accaleeation following Borrower's <br />breaA of arty covenanter aprtemad geciiritr'InsbrwataK'(bwt trot prior to acceleration wavier 13 ad 17 <br />tides appm able tart providers etherwhel. The twttke W" spoe)fyt W the defstdt; (b) dw artist tirtpahasd to dare the <br />detaat; (e) a dote, sot less thin 304M from dw debt the notice is rhea to Borrower, by wild the drown wit be ewer: <br />dW td) flat falee to ae the detaalt on or before fee dlwts sMd [psi i■ fire nooks way male iw wornlendos of the aMs <br />,laded by tw security Imatrwo" sad sate of the Property. The notice "f ition Won ft"wer of as rippltt to <br />rwiwstale aftenr`acealoraefo. asp t4 rkm to bring a "art action to amert cis s000sis am of a ddanit or way eater <br />dddaoee etf Borro+rwr to sex on sad sae. Ilt a ddawlt tt slot owed on or iefore the date spatiASd is tbs naties, Leader <br />at its ep lea ssy tet0dre imsedlste payment in fill of aB m n e seaweed by this Seerrity Ietrwwewt wkbowt !limber <br />dewed and way invoke dw power of awle and my etber remedes pamitted by applicable law. Loader shnit,be entitled to <br />called a njimo as iaerrred In porsring the remedies pro+ided in this panRapk 14, but not limited tc . <br />ewsenwbideatbsrweys'ted� awdadas dtitic eslddce. <br />If the power of sale Is invoked, Trodee slop record a wotke of default in emb county in wbid wry part of the <br />Pra"ty isioeded and alt wail copies of rate notice in the manna' prescribed by applicable law to Borrower and to de <br />adur pierssa prescribes by !!lk I I - law. After the time required by applicable law, Trustee alttll ;tire pwbik notice of <br />salt to the Ieesosn sad In the manner prescribed by opplic" law. Trustee, without demand an Borrower, sball sell the <br />Pn"arty at pobiic macros to the kidwd bidder at the tine ad dace awes deader the terns derigratd v the notice of oak <br />awe or owe parmh sad in my order Trustee determines. Trustee may postpone sale of all or my parcel of the Property by <br />pttbBc a memicement at the time and place of my previously sebedwld sale. Loader or its designee may lorciase the <br />Property at say oak <br />Upon receipt of payment of the prim bid, Trustee shall deliver to the pwcbmer Trwsta's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima flock ce evidea of the tenth of the statements made thereia. <br />Trainee shall apply the proceeds of the sale is the following order. (a) to all expemes of the seek, iaded lwi. but not limited <br />to, Trustee's fees as permitted by applicable law and remonabk attorneys' fees; (b) to all saes severed by this Security <br />Lastrwmes$ and (c) any excess to the person or persons leplly entitled to it <br />20. Leader is Poweedow. 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 anal 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 few, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sutras secured by <br />this Security Instrument. <br />21. Reeomeytwm, Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reoonvey the Property and shall surrender this Security Instrument and all totes 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. Sabe t ne Trustee. L ender. 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. Rogow 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, <br />24. Riders to this Security Iestrmsent. 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 />C:] Adjustable Rate Rider ❑Condominium Rider ❑ 2-4 Fatally Rider <br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider <br />❑ otber(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 with it. <br />o... ............................(se l) <br />MARK D. STELK <br />........- .'.' .. .............(Seal) <br />WANDA LEE STELK -43orroww <br />i30+a Beim TIM idle for Ad"unv%Aonwrtl <br />STATE OF NEBRASKA. ... .....BALL ..................... County ss: <br />on this 6 q....... day of ..ldygWvr........... 19..86, before me, the <br />undersigned, a Notary Public duly commissioned and qualified for said county, <br />personal ly came MARK D : STELK err a MAtDA , LEE, , M4 2 ItltsB"- "D MIFF ................ <br />............... . . <br />to me known to be the <br />identical person(s1 whose name (s) are subscribed to the foregoinq instrument <br />and acknowledged the execution thereof to be S'C......... voluntary act and <br />deed. GRAND ISLAND <br />Witness my hand and notarial seal at in <br />said county, the date aforesaid. i <br />........... <br />Notary Public <br />