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I 89- - 100247 NONUNIFORM COVENANTS. Borrower and Lender flrrther covenant and agree as follows: 19. Acceleration; Remedies. Lender sbsf) givo notice to Beurower prior to acceleration following Borrower's brexY of any cotenant or alpmMent in this Security ImM.,ument (but not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The natEce shall specify: (a) the default; (b) the action required to cure the default; (e) a date, ntrt less tltaa 30 days from the date the notice is given to Borrower. by which the default must be cured; mad (d) tMt failure to cure the default on or before the date specified Is the notice may remit in acceleration of the sums *centred by tkis Security Instrument and sale of the ftoperty. The notice shall further inform Borrower of the right to reinum after secekratlon sad the right to bring a court action to assert the non - existence of a default or any other defense of Borrower to acceleration and sale. It the desfault is not rinsed os or before the date speMfied in the notice, Lender at its option may require hsmediate payment in fail of all mats secured by this Security Instrument without further denim it and say invoke the power of sale and any other remedles pert fitted by applicable law. Lender shall be entitled to collect all expenses incurred In pursuing the remedles provided its this paragraph 19, including, but not limited to, raasoaabk attorneys' fees and costs of title evidence. It the power of sale is invoked, Trustee shall record a aotice of default in each county is which any part of the Property is located and shall moan copies of latch oat ice is the macaw prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. AfMtr the time required by applicable law, Trustee shall give public notice of ask to the persons and in the manner prescribed-by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest biddtm at the time and phsce and under the terms designated in the notice of ssle in ose or awe parcels sad in say order Trusteo determines. Trustee may postpone sale of all or any pucel of the Property by public announcement at the time and ploce of soy previously scheduled We. Lender or its desigetee may purchase the Property at any sale. Upon► receipt of payment of .tine price bid, Trustee sb*H deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Tmalt:e's deed akall be prima facie evidence of the truth of the statements mstde therein. Trustee shall apply the proceeds (rtthe sale in the following order: (a) to all expenses of the sale. iselwiling, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums scoured by this Security Instrwnent; and (c) any exc ft to the person or persons legally entitled to it. 20 Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in ' person, by agent or by judicially, appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect site rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees. premiums.on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sutras secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes .evidencing debt secured by this Security Instrument to Trustee. Trustee shall.reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person.orpersons shall gay any recordation costs. vim, Side tatte T�.eta a..r eude!� at its epea„' may from time- to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument record in the county in which this Security Instrument is recorded. Without conveyance of the Property, the succewr trustee" succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that cope of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. hiders to thi'.fr Security Instrument. If one or more riders are executed by Borrower and recorded together with this Secuiity Instrumett, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covamtuts and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Chuck applicable box(es)] Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider ❑ Graduated Payment Rider ❑ Planned Unit Development Rider gg Other(s)) [specify) Acknowledgement BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded wi h it. ............ ....._............. ...... .................... ........... ....................(Seal) Wendell D. S enlc r -8offo er ....................................... Jl �``'!.cy „v,,....` .. S!'.e?- .............. .(Seal) Sharon L. Spencer'”` r STATE OF NEBRASKA, HALL County,5s. On this 13th day,of January . 19 $9 , before me, the undersig -ned. a Notary Public duly com'missfanc,di and qualified 66-r said county, personally came Wendell d.; Spencer and Sharon L. SOncen, husband and wife , to me known to be the identical persbhCs).whose nart os) are subscribed to the foregoing instrument oral acknowledged the execution thereof to be ttt:ei r voluntary act and deed. Witness my i=arniand notarial seal at Grand Island in said county, the date aforesaid. i My Commission expires: / ONVA L a� Notary Public Ad EQUEST I-OR R NVEYANCE To Tn The undersigned is the holder of the note or notes Secured by this Iced of Trust. Said note or note. together with all other indebtedness secured by this Decd of Trust, have been paid in foil. 1 ot( are hereby directed to L +noel sand note or notes and this Deed of Trust. which are delivered hereby, and to reumvey. +.tthout warranty, ali the estate now held by you under this heed of Trust to (tic person or persons legally vrx,tled theretty. Pate: . ..... IF pt 1 • i IF pt 1