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<br /> <br /> <br /> <br /> 1V406nt <br /> <br /> Mari-UmiroFtm GOvt_ s. Roffower and Lender furthOr covenant and agree as follMM <br /> 1 Y3. Accriaratlon; Ize+n~fics. twertc4rsr asty~ glvct notice ttt P•arraarer ptlgr to accetertxtlor: togGtrfng ~s breardt <br /> of any covenant or agrermrnt In this Security Instnrrnant (but not prior to acceleration uncrer pareging" 13 and 17 unless <br /> applicable law provi4d" odi*rwlse). Tho noum shall specW. to) the default; (b) beer acilon reed to ewe the default: (c) a <br /> date, not less than 30 clays from the daft the notice Is gtd'an to t3ort'ower, by wattle Ow detautt ttmrst be cured* and (d) that <br /> failure to cure the default on or before the date specified in the notice r W result In ar ealerartion of the surer secured by <br /> this Security instrument and sale of the Property. The notice shall futttw rotor. Boom r of the right to reinstate after <br /> acceleration, and the right to bring a court action to assert if ,e non-existence of a default or any otherdefeme c!. Borrower <br /> to acc6natlon and sale. Il the default is not cured on or before the state sp1Y41fled in the notice, Lender at Its option may <br /> requis a Immediate payment In full of atf stems secured by this Security Instrument without further demand andmay Invoke <br /> thx power of sale anti any other remedies permitted by applicable law. Leader shad tie entitled to collect all expenses <br /> incurred In pursuing the remedies provided In this paragraph 19. including., but not limited to. reasonable attorneys' tees <br /> and costs of title evidence. <br /> If the power of sale is invoked, Trustee shall record a novice of default in each county in which any part of the <br /> Property is localed 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 rt-Quired 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 terns designated in the notice of sale <br /> In one or more parce.s and in any order Trustee determines. Trustee may postpone sate 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 dealgnee may purchase the <br /> Property at any sale. <br /> Upon receipt of payment of the price bid, Trustee shall dvilverr 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 apoly the proceeds of the sale in the following order. (a) to all expanses a+ the sale, including, but not limited <br /> to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to ail sums secured by this 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 a;andonment of the Property, Lender (in <br /> person, by agent or by judicatly 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 fees, premiums on receiver's bonds and reasonable attorneys' tees, and then 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 <br /> to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this <br /> Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or <br /> persons legally entitled to it. Such person or persons shall pay any recordation costs. <br /> VA.. 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 <br /> recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties <br /> conferred upon Trustee herein and by applicable law. <br /> 23. Request for Notices. Borrower requests that copies of the notices of default and sate be 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 <br /> each 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 together with <br /> this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shat 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) <br /> ❑ Adiustable Rate Rider ❑ Condominium Rider ❑ 2---4 Family Rider <br /> ❑ Graduated Payment Rider ❑ Planned Unit Development Rider XM VA Guaranteed Loan Rider <br /> X)1 VA Assumption Rider ❑ Olherrs) ]gprcify] <br /> BY SlCiNI C. BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument <br /> and in any rider(s) executed by Borrower and .recorded with it. <br /> Charles A. Lawson --Borrower <br /> L y.~i1.[x. r.-. r...v (Seal) <br /> Vera M. Lawson -Borrower <br /> - ._[Space (Spate Below This Lire For Acknow4-dgemenl] . _ _ <br /> State of Nebraska ) <br /> ss. <br /> County of Hall ) <br /> The foregoing irstrument was acknowledged before me this... 13th day of July. . <br /> 19 - .90, by .....Charles , A. Lawson., and.. Vera M.. Lawson, husband .,and. wif a <br /> s7 <br /> Witness my hand and notarial seal at .....G...>`... and . Island, Nebraska <br /> <br /> . <br /> in said county, the date aforesaid. <br /> 4 <br /> Ho a,y r~,5i; <br /> My commission,, expires: <br /> ORAL MAY Of M aka <br /> eh cum EM Rate, t5, 1393 <br />