r
<br />L
<br />1
<br />89- 100725
<br />NON•UN1M)HM COVE'NANT.S. horruwer ami Ixndc•r turther cov n,urt .md agrev as fulluw•s:
<br />19. Acceleration; Remedies. Lender shall 14ive notice to Burrower RttittRttoaatod tKitott following Borrower's
<br />breach of any covenant or agreement in this Security Instrument 1htKtoaaltRNRRtIt�ACxttdttpKjSKptNKiC1t }tt�llgllNlrEgttF
<br />:kRimk=wWk,Ahkgmlzavcixkxadwmimi. The notice shall specify: (a) tht-default; 1b) the action required to cure the
<br />default; (c) a date, not less than 30 da ys 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
<br />right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any
<br />of er defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice,
<br />Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be
<br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not
<br />limited to, 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 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 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
<br />in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property
<br />by public announcement at the time and place of any previously scheduled 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'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 shall apply the proceeds of the sale in the following order: (a) to atl expenses of the sale,, including. but not
<br />limited to. Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this
<br />Security 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, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />Property and to cullcu the rents of the Property including those past due. Any rents collected by Lender or the receiver shaii
<br />be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to,
<br />receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security
<br />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 reconvey the Property without warranty and without charge Ev 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 ti me 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 Natims. Borrower requests that copies of the notices of default and sale he sent to Borrower's
<br />address which is the Property Address. Borrower further requests that copies of the notices of default and sale be sent to each
<br />person who is a party hereto at the address of such person set forth herein.
<br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded togetht:r with
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shalt amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />instrument. [Check applicable box(es). J
<br />❑ Adjustable Rate Rider 0 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 Segscity
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />• ScatUbluff. Sash. i.0o9r '.Co. ................. (Seali
<br />— Borrower
<br />...... .. Seal)
<br />Millard J. Moore, resident — Borrower
<br />[Space Below This Line For Adrnowledg —tj
<br />STATE OF NEBRASKA... - , Scotts Bluff.... ..... . .... . . . .... County ss:
<br />On this ...... �t6 .......... day of . F!<f;t;yarx , , , , $9 Gore me the pdersA* ped, a Notary Public
<br />duly commissioned and qualified for said county, personally came lard,d. Moore, PreS�Cent t31
<br />„ Scottsbluff ,Sash A U!sor, CQr, , , , , , , , , , , , , , , , , , , , .. - , to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be
<br />... MI ............................. voluntary act and deed.
<br />Witness my hand and notarial seal at ... ,S,C.ottsbl.,ff,, Nobro0a..... .. . ............ in said county, the date
<br />aforesaid.
<br />My Commission expires:
<br />GENERA! rd _)a ..:y
<br />Stole of : a rc ski
<br />��:
<br />fRE.Rt J ' :juRST
<br />�. ...1� ..............
<br />Notary Public
<br />ire
<br />t
<br />
|