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<br />89- 100455
<br />NONUNIFORM 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 (belt not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />defaulq (c) a date, not less than 30 days from the date the notice Is given to Borrower, by which the default must 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 />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />relastate after acceleration and the right to bring a court action to assert the non-existence of a default or any other
<br />defease of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender
<br />at its option may require immediate payment in fall of all sums secured by this Security Instrument without further
<br />demand cad may involve the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in pursuing the remedies p*vlded In this paragraph 19, Including,' but not limited to,
<br />reasonable attorneys' fees 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 mail copies of such notice in the meaner 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 public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public 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 determiam Trustee may postpone sale of all or any parcel of the Property by
<br />public announcement at the time and place of any prextously scheduled sale. Lender or Its designee may purchase the
<br />Property at any sale.
<br />Upon treceipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shill apply tae proceeds of the sale inane fuiluwing order. (a) to all expenses of the We4ltteluding, but not limited
<br />to, Trustee's fees as OerAfted by applicable law and reasonable attorneys' fees; (b) to all sums secered by this Security
<br />Instrument; and (c) *tr ex" to the person or persons legally entitled to it.
<br />20. Lender to Pusseiiion. Upon acceleration under paragraph 19 or.abandonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled tee eater 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 Proj*rty aad collection of rents, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable at torItte)!' fees, and then to the sums secured by
<br />this Security Instrument.
<br />21. Reeonvepance. Upon payment of all sums secured by this Security. Instrument, Lender shall request 'I irustee' 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 reconvey the Property without w:arra-ty and without charge to the pemn or persons
<br />c�iul} vii titlF.v tv as: aua:lt pei nfrii vC pCiSViiS Jlttill pity ally tCWI'WlttUtt LYAt,S :. • '
<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 />2& 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 tathis Security Instrument. If one or more riders are executed by Borrower =d recorded together:rtii:th
<br />this Security Inshument, the covenants and agreements of each such rider shall be incorporated. intb and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part eC fbis Security
<br />Instrument. [Check.applicablebox(es)]
<br />_._ ❑ Adjustable Rate Rider ❑ Condominium Rimer ❑ 2-4 Family Rider
<br />❑ Graduated Payment Rider ❑ Planned Unit Imevelopment Rider
<br />❑ Other(sl [specify)
<br />BY SIGNrNG BELOW. Borrower accepts and agrees to thii terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />STATE OF NEBRASKA.
<br />...... ....................... .(Seal)
<br />Thomas J. Udik Borrower
<br />............. ��. ..(.....,%�Ir4re�k�._,1..(Seal)
<br />El�eth A. Drudik Borrow&
<br />d
<br />Hall County ss:
<br />On this 24th day of January , 19 89 , before me. the undersigned, a Notary Public
<br />duly commissioned and qualified for said county. personally came Thomas J. Drudik and Elizabeth A.
<br />Drudik, each, in his and her own right, and as spouse of each other , to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknotsledged the execution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Is nd, ebraska in said county. the
<br />date aforesaid.
<br />My Commission expires: _46(nm
<br />AML Mp1lYaplt M NilfiMtat ............
<br />JOYAL • • • • \nr;rry Puhh.
<br />h�E"Aw S OK ItEC'UM'I.1'i1NC'I.
<br />To *IRu% -t t t.
<br />The undersigned i% the holder art the mote t,r trutc-- �crtucd by Ito, DVt,-d 411 ltu�t Batt! n(,tr r +r n „rr,, t,,,rrtltrr
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