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<br />89-100166
<br />NoN- UNIFORM COVENANTS. Borrower and Lender further covenant And agree as follows:
<br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration ender paragraphs 13 and 17
<br />unless applicable law provides otherwise). Toe notice shall specify: (a) the default•, (b) the action required to cure the
<br />default; (c) a date. not less than 30 days from the date the notice Is given to Borrower. by which the default roust be cured;
<br />and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />seecured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or any other
<br />detenae of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Leader
<br />at Its option may require Immediate payment In full of all turns secured by this Security Instrument without further
<br />demand and nay Invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect W expenses IncuTed In pursulaa the remedies provided in this paragraph 19, Including; but not limited to,
<br />reasonable attorneys' feces and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default In each county in which any part of the
<br />Property Is located and shall mall copies of such notice In the manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicable law. After the time• required by applicable law. Trustee shall give par lle notice of
<br />sale to the persons and in the manner prescribed by applicable E&w.. Trustee, without demand on Borrower, "I sell the
<br />Property at public auction to the highest bidder at the timeitnifIftmflad under the terms designwte. In the notice of sale in
<br />one or more parcels and in any order Trustee determinm i trt> tjr postpone sale of all or say parcel of the Property by
<br />public announcement at the time and place of any prevfousiy 'sdteduled sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid. Trustee shall deliver-to the purchaser Trustee-Is conveying the
<br />Property. The recitals in the Trustee's deed shall be prima facie evidetwe of the truth of the statements, made therelm
<br />Trustee shall apply the proceeds of the sale in the following order. (a) to all expenses of the sale, including, but not limited,
<br />tic% TraWee's fees as ver_uitted by applicable law and reasonable alitorineys' fees; Q) to 211 sums se%": ed by t Security
<br />Instrument; and (c) any excess to the person 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, �y, agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Property =d to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver
<br />shall W Implied 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 then to the sums secured by
<br />this Se>+, ty 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 />tnsirr r+ =' t to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons
<br />IegaIlyi•esttided to iL Such person or nersons shall nay any rerentatin", new
<br />22. Substitute Trstee. 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 Borrower's
<br />address which is the Property Address.
<br />' 24. Riders to this Security Instrument` If one or more riders are executed by Borrowerand recorded together with
<br />this Security Instrument, the covenants and agreements of each such ifdpr shall be incorporated into and shall amend and
<br />supplement the covenants and agr�ements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applieable.b.dx(es)]
<br />❑ Adjustable .Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider _
<br />❑, Graduated Payment Rider ❑ PF one& .Unit Development Rider.
<br />Q. - Others) [specify]
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms-and covenants.:coniained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />............ .......... ..... ............................... .......... .^^JZ.,...'CJr�........(Sea!),:
<br />IRENE C. "BL'A}NCHARD eorroweR
<br />............................................................................... .........Q1.l�r,�.....`.:...... Seal
<br />DARWIN C. BLANCt1i�R Borrower
<br />STATE OF NEBRASKA. HALL County ss:
<br />On this 6th day of January ,19 89 , before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came IRENE C. BLANCHARD AND DARWIN C.
<br />BLANCHARD, EACH IN HER AND HIS OWN RIGHT, AND AS SPOUSE OF EACH /OTMEA*me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be THEIR voluntary act and deed.
<br />Witness my hand and notarial seal at GRAND ISLAND, NEBRASKA in said county, the
<br />date aforesaid.
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