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<br />R5— 00420!
<br />NnN�1JNIFORM ('nl'1SNAMfS. Borrower and Lender further covenant and egret as follows: vv
<br />19, Acceleration; Remedies, Lender shell give notice to Borrower prior to acceleration following Borrower's
<br />breseh of any covema11t or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />uaka applicable few provides otherwise). The notice shall specify; (a) the default; (b) the action required to cure the
<br />default; (c) a date, not Iran them 30 clays from the date the notice Is given to Borrower, by which the default most be cured;
<br />OW (d) that faBure to ewe the default on or before the date spedW in the notice may result in acceleration of the some,
<br />ON-- by tbb Security laatrument and ale of the Property. The notice shall hrtber inform Borrower of the right to
<br />rGiantate Mier Wmkmtbm and the right to bring a court action to assert the mm- existence of a "oft or any other
<br />do#Mw of Borrower to acceleration sod ale. It the defaolt Is not cured on or before the date specified in the nodes, Lender
<br />M he apdon ts0ay "Pie immOdiate payment in fall of aB tram seemed by thin Security Inst. P-^"t wlthmut further
<br />dammed and Wray hnohe the Power of oak and any other remedies permitted by applicable law. Lender shell be entitled to
<br />collect ON expemaa !seemed In parsvdug the remedies provided In this paragraph 19, Ineleding, but not limited to,
<br />reasonabk attorneys' lea and costs of title evidence.
<br />If the pones of sele is invoked, Trustee shall reem►d a notice of default in each county in which my part of the
<br />Property is loc11ta I and 91111411111 0011111 copies of such notice in the manner prescribed by sppBtable low to Borrower and to the
<br />ostler It 0 0 plow by pNkable law. After the time required by applicable law, Trustee shall give public notice of
<br />Oak to the persons mod In the mover prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Prepsrty st publle owtio0 to the bigbest bidder at the time and place and under the terms designated in the notice of ale in
<br />one or more paeeels and In say order Trustee determines. Trustee may postpone sale of all or may parcel of the Property by
<br />public announcement of the time and place of say previously scheduled sale, lender or its designee may purchase the
<br />Property at my sale.
<br />Upon reeefpt of payment of the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Prop". The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proeeeds of the ale In the following order: (a) to all expenses of the sale, including, but not limited
<br />to, Trustee's flea a parr0itted by applicable law and reasonable attorneys, fees; (b) to all sums secured by this Security
<br />Test r--meut. and (c) my excess to the perwn or persons legally entitled to it.
<br />20. Lender In Possession. 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 and 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 firs. premiums on receiver's bonds and reasonable attorneys' fees, and fi.en to the sums secured by
<br />this Security Instrument.
<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 />22. Substitute Trades. 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. Roost for ]Notices. Borrower requests t at copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address. Bog ;gr� r ur�ttgteer�r�eeq�uueesstsQtthatQr ,�opiie_ goff the notices of de all
<br />24. RNere to this Security Instrutttflt(! 7f' a eifl(fie'ticitF tYtf'FRect4Rcdrl [i+ittoWEF arm-re party toogether with t e
<br />this Security Instrument, the covenants and agreements of each such rider shall he incorporated into and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(%) were a part of this Security
<br />Instrument. [Check applicable box(")]
<br />[] Adjustable Rate Rider [] Condominium Rider 2-4 Family Rider
<br />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 with it.
<br />✓fw!��!2.. ...... .........................(Seal)
<br />TIFIOT?,Ni CONNOR — eorrp„er
<br />...................(seal)
<br />SUSAN W. O'CONNOR so,ro ver
<br />-- - - - -- tsese Bol" TMs Line for AcArm wdSrne,N)
<br />STATE OF %ESRASKA... , . H.All . .... ... ........ . ... ... County ss:
<br />On this ...27th..... ...day of. . August , . • , „ 19. 85., before me. the undersi„ red, a rotary
<br />duly commissioned and quah8ed for said county, personally came Timothy ,1, & Susan W, 0 Connor
<br />Husband and Wife
<br />, .............. . I ... ............................... .to me knvwr :o ih,
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowW, -,:e the CsCLUt,o^^
<br />thereof to be. , ,.—, .their, . voluntary act and decd.
<br />Witness my hated and notarial seal at..... ... , . Grand Island
<br />date aforesaid.
<br />My Can x res August 10, 1988 ` l^
<br />Le'0
<br />°r Si.^t- ,rNesrr]ita
<br />G +i., J Efr ^Jcij BEVFRI,1 J. »yt hcteyJ�o..c
<br />t.,.,,;,., :,.,�:
<br />QUEST FOR RECONVEVANCE r.
<br />To Tsust try
<br />The undersigned is the holder of the nn ;c or notes secured by this Decd of I n:sl S_.,.; c:,:, c. c
<br />with all other indebted e%% ^• cured by thi, Deed of 'I rust, h,,ve tx•r.n
<br />said note Of note% and this Deed of Trust. which are dchvric6 hu: lost
<br />c0.11C now held by you under th.•. I)erd „I 7ru,t to the per. :,n ,,r -, s ^. :,• !; , ., t is
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