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<br />85- 003637
<br />NON- UNIFORM COVENANTS Borrower and Lender further covenant and agree as follows:
<br />19. Y Remedies. shall give notice Borrower prior to acceleration following Borrower's
<br />Miens of an atpeentent in this Security Instrument (bat not prior to acceleration under paragraphs 13 and 17
<br />defatdt; (c)) a Vie, as !qu t� 30 Otherwise). fran the date X11 specify: (a) the default, tb? the utiwt required to cure the
<br />and (d) tka failure to ewe the default n or before the is giv- to Borrower, by which the default be cured;
<br />secured by this Security Iraltnurneut and oak of the sp�fied in the notice may result in acceleration of the sure%
<br />seem rte alter acceleration std the right Ply The notice shall farther inform Borrower of the right to
<br />defenses ft erowm. to ght to bring a court action to anat t the non- exhnence of a defwh or my other
<br />acceleration and ask. If the default is not cured on or before the date specified in the tsatice, Louder
<br />option at Its IN and May littroke the power immediate payment is ffi of an oars secured by this Security Instrument without farther
<br />collect an Penes beeurrrd dude and My oiler relnedje0 permitted by applicable law. Leader shall be entitled to
<br />reason" attorneys' feq and tin is�tk an evidence.
<br />remedies Provided In this Paragraph 19, including, but not limited to,
<br />If the power of sule let invoked, Trustee shall record a notice of default in each county in which any part of the
<br />qty le located and Mall nail copies of such notice in the manner prescribed by appUntble law to Borrower and to the
<br />other perssne prescribed by applicable law. After the time required by applicable law, Trustee
<br />ask to the persons and is the manner prescri shall giro public notice of
<br />bed by applicabk law. Trustee, without dematd on Borrower, shall sell the
<br />Property at Ntblk auction to the highest bidder at 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 of the Property by
<br />Public announcement at the time and place of any previously scheduled sale. Lender or its
<br />Property at say sale. designee may purchase the
<br />Uprm receipt of Payment of the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in.the Trnstee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />TTrusst�e ales fm the proceeds of the sale in the following order. (a) to all expenses of the sale, including, but not limited
<br />permitted by applicable law and reasonable attorneys• fees; (b) to all sums secured by this Security
<br />Instrument: and (c) any excess to the person or persons legally entitled to it.
<br />person. by 20, Leader In Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />Property an agent collect the rrents of her Property including thosetpastt due. Any rents collected by session
<br />Lender or he rreceiver
<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 fees, premiums on receiver's bonds and reasonable attorneys' fees, and ti-en to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyonce, Upon payment of allsums secured by this Security Instrument, Lender shall request Trustee to
<br />recatvey the Property and shall surrender this Security Instrument and all motes evidencing debt secured by this Security
<br />Instrumnt 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 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. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Bortnwer's
<br />address which is the Property Address, Bo rota r urtlier reques s that co ie of the notices of defau
<br />24.RHerstothkSecuritylnstru�'�e ny t SAE�gPVAJ �� party hereto at the
<br />this Security Instrument, the covenants and agreements of each such rider shall be inrn recorded together with
<br />suPPlartent to covenants and agreements of this Security Instrument as if the rider(s) into and shall amend and
<br />Instrument. [Check applicable box(es)] r(s) were a part of this Security
<br />❑ Adjustable Rate Rider ❑ Condominium Rider
<br />❑ 2-4 Family Rider
<br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider
<br />Others) [specify] VA Guaranteed Loan Rider
<br />BV 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 rec_pn7 with it.
<br />.....................(Seal)
<br />% JAMES L. NELSON
<br />11� ����'��.. ...:r'�....�::C.:1�:7�- r;...... {Seal)
<br />JACQUELENE K. NELSON — ewrnwer
<br />Ileac@ asiew of Lme For Adumw*dgme„tl
<br />STATE Or. NEBRASKA..... , iia7.1 • . • .
<br />On this .... 9th.... .. des of ....Jul , • , . , ... b County me ss:
<br />' y y .19..85.. before me. the unJcrs,,�nrd. a Notary
<br />duly commissioned and qualified for said county, personally came , , James L. Nelson and Jacquelene K.
<br />Molnar,, Husband and Wife
<br />identical .. • , • , • ................ to me known :o
<br />person(s) whose name (s) are subscribed to the foregoing instrument and acknowled7cd the csk•L, taw
<br />thereof to be. .. .. ,their, . , voluntary act and decd.
<br />Witness my hand and notarial seal at..... .... Grand .island.. .
<br />date aforesaid.
<br />My Commission expires: October 10, 1988
<br />aMwAtmNMM- tlgr@MMnr1@ iIARON ] f9AK}R merry ►„c c
<br />X11 REOUEST FOR RECONVEYANCE
<br />To Toust tt
<br />The undersigned is the holder of the note cx notes sccured by this Dtcd
<br />wlth all ether ,ndrbtrrne5, �;:ured by tins Deed of 1 rust, h,,ve locum
<br />sard note " notes Jnd Il- I)te( s ib tui[ !'
<br />f Trust. whrh :lee dci:vrreG nor;'. t„
<br />eSratc now helk; by you under t'C,-, r)ritl' nl 1!UYI Ir iht, pc+;..r ,n t r
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