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1 <br />89- 101500 <br />NOMUNIFORM COVENANT'S. Borrowerand 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 is this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless appli cable law provides otherwise). Tim notice shall specify: (a) the default; (b) the action required to cure the <br />(� default; (e) s 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 hriber inform Borrower of the right to <br />reinstate after acceleration and the right,to bring a court action to assert the nonexistence of a default or any other <br />defense of Borrower to acceleration and rile If the default is not cured on or before the date specified In the notice, Lender <br />at its option may require immsediate payment in full of all sums secured by this Security Instrument without further <br />demand and may invoke the power of salt: utdany other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred in pwwft the remedies provided in this paragraph 19, including. but not limited to. <br />reasonable attorneys' fees and costs of title eddtnce. <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 coated 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. Aflbr.the time required by applicable law. Trustee shall give public notice of <br />sale to the persons and in the manner prescrt't►er#.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 Eider Trustee dmomines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the fte and place of a1W, previously scheduled sale. Lender or Its designee may purchase the <br />Property at any sale. <br />Upon receipt of pay amt of the prise bld,:T mstee shalt deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's dvd-sWm be prints facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds:of the sate In ft InVowing order. (a) to all expenses of the sale, including. but not limited <br />to. Trustee's fees as permitted by applicable- Ism and reasonable attorneys' fees: (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or pins legally entitled to it <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonrnent o' f the Property, Lender (in <br />person, by agent or by judicially appointed rew fiver) shall be entit;ed to enter upon, take possession of and manage the <br />Property and to collect the rents of the Prop-my. including those past due. Any cents collected by Lender or the receiver <br />shall be applied first to payrr_.mt of the casts: of management of the Property and collection of rents, including, but not <br />limit,Di to, receiver's fees. preen cams on re o iver's bonds and reasonable attorneys . fees, and then to the surr s secured by <br />this Security Instrument. <br />21. Reconwe- yance. Upon ;yk�mvintcfall sums secured by this Security Instrument, Lender shall re+gu-t Trustee to <br />recon:,ew ta_- F' ppn ny and slu-2i sw7r.w,4e. this Securty Instrument and all notes e4idencing debt secured by. this Security <br />instrument to Trustee. Trustee hall 'recon%•ev the Pre-7,,-rry without warranty and without charge to the pen -,ri .• or persons <br />legally entitled to it. Such person or persons �; all pay sz - recordation costs. <br />22. Substitute Trustee. Lender, at its,anion, may from time to time remove Trustee and appoint a successor tr -Lstee <br />to any Trustee appointed hereunder by an insrrament recorded in the county in which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor truvwe shall succeed to all the -title, power and duties conferred upon <br />Trustee herein and by applicable la -A: <br />23. Request for Notices. & —sere- requests that copiers 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 Instrumeatt. If one or more riders ar•: by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements J.Cetach shclt rider sh-A! �_­e incorporated into and s1t,:1:.' amend and <br />supplement the covenants and agreernints of this Se: c.rry Instrument as if tf a rider(s) were a part at -.:7is Security <br />Instrument. [Check applicablebox(es)) <br />❑ Adjustable Rate Rider ❑ Condominium Dreier .7 2-4 Family Rider <br />❑ Graduated Payment. Rider- ❑ Planned Unit 17e dopmcnt Rider <br />JJ Othe(s) [slxcifyA A'CKNOWLEDGErMr, <br />BY SIGNING BELOW. Borrower accepts and . trees to the terms and covenants contained in this Seci:rrti. <br />Instrument and in any rider(s) executed by Borrower and record�ed with it. <br />GARY�L MURRAY -Ban .fcr <br />CAROLY M HURRAY - Borrower <br />(Spaed Se:cw riz 4ae, Fir Rdnowledtmentl <br />SPATE OF NEMMSKA <br />COUN i'Y OF ...... HALL ............... • I SS: <br />The foregoing instrument was acknowledged before me this....... 20TH DAY OF MARCH 1989 <br />................ ...........................f..f <br />by GARY, L HURRAY AND CAROLYN M MURRAY, HUSIIAND AND WIFE (date) <br />L. <br />............................... ...................... , ......... .............. <br />(person(s) acknou dging) <br />My Commission expires: 12/28/89 1� 1 <br />t;EEARI bOltAr•San at 2 =�:.� �, `.� 4.J.�.1� -:- %. . ��. .. _ ►�� -� ' �EAL) <br />tlilt#rNE L 1UE,Sii1I8 <br />—� rl► Cart IIt< 24 111 <br />tiate�►y t'uvlt: <br />T{ This insttumen: ace; prepared by <br />4 <br />..r <br />Nil <br />I <br />