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CodoEO $9-- 101990
<br />Nov -VaFO M CovENANM Borrower and Lender further covenant and agree as fallosv. 89-101526
<br />19. Acceleradon; Remedies. Leader sbell give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement It this Security Instrument (but not prior to acceleration under paragraphs 13 aw117
<br />Ulm applicabe law provides otherwise). The notice shall specify: (a) the default; (b) the action requited to dare the
<br />default; (e) a date, not leas than 30 days from the daft the notice is given to Borrower, by which the default not be cured; '
<br />sad (d) that failure to cure the default on or before the dgte specified in the notice tray restalt in acceleration of the sums
<br />seenrefl by this Security Instrument and sale of the Property. The notice shall fwtaer it4breh Borrower of the right to
<br />reistata after ncceleraton sad the right to bring a court action to assert the non- exittente of a default or soy other
<br />defense of Borrower to acceleration and sale. If tide default is not cured on or before the datespeciAed in the notice, Leader
<br />at its option may require immediate payment in fWl of all sums secured by this Security Instrument without further
<br />demad aad may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expeases incurred in perming: the remedies provided in this paragraph 19. Includlag but not limited to,
<br />ratswn l attorneys' fees and --to oftiteervidenrce, .
<br />If the power of ask is invoked, Trustee shall record a notice of default in each county in which ashy psis -vf t1:e
<br />Property is located died shall mail copies of tsuch notice in the manner prescribed izy-applicable law to Borrower and to the
<br />other persons prescribed by applicable law. Alter the time required by applicable: law, Trustee shall give public notice of
<br />sale to the persons and in the mamer 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 underlti*wms designated in the notice of sale in
<br />one or more parcels and In any order Trustee determines. Trustee may postpone=d of all or any parcel of the Property by
<br />'. pubtir,anoouneement at the time and place of any previously scheduled sale. [.tpsder or its designee myy,purchso the
<br />-Prvp.ertp at any sale.
<br />Upon receipt of payment of the prise bid. Trustee shall d&-r;w to the .purchaser. TSrct�s Idetd.conveying
<br />PrOpierty. The recitals in the Trastae's deed shall be prima fade evidence of the truth of the stateme nts'tnade therein.
<br />C�En shall apply the proceeds ;tf the sale in the following order. (a) to all eitpe es of the sale, induding„ last not limited
<br />ketate's fees as permitted b) ■•.applicable law acrd - masonable attorneys' fees, (it) to all sums secured by- this security `
<br />' e nt; and (c) any excess to the puma 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 />Propaty and to collect the rents or, 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 amt collection of rents. including, but not
<br />to, receiver's fees, premiums on,receivees bonds and reasonable attorneys' fees, and then to the sums secured by
<br />thi5.urity Instrument. ;.
<br />.21. Recoaveyance. Upon payment, of all'sums secured by ties: Security Instrument, Lender shall request Trustee to
<br />ce` 3JVzF the Property and shtrll:surrenddtnthis Security Lrstrume a and all notes, cw;'dencing debt secured by this purity
<br />3i,�omunent to Trustee. Trusieeshall'reconvey the Prcpriy without warranty an$` without charge to the persel or persons
<br />legally entitled to it. Such person -or persons shall a y recordation costs i
<br />22. Substftnte Trustee. LendeA.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. t _
<br />Without conveyance of the Piapefty;,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 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 to this _80ctitity Inftrument. if one or more riders are executed by Borrower and recorded togetheT,%ith
<br />this Smurity Instrument; the-covenunts and agreemento:'rf each such rider shall be incorporated into and shall amend and
<br />suppfc-nent the covenants an¢- pgreemdmts of this Security Instrument as i° the rider(s) were a part -'of this Security
<br />Instrument. (Check applicable Wx(es))I
<br />Q Adjustable Rate Bider Q Condominium Rider Q 24 Family Rider _
<br />Q Graduated Pay; +,stem Ridar , Q Planned Unit Development Rider
<br />xQ Other( ;), (specify) 1- 41amily Rider (Assignment of Rents)
<br />BY SiM1746. BELOW. Borrower, accepts and agrees to the tmms and covenants contained in this Secscitiy Op
<br />Instrument and in any rider(s) executed by Bttirrower and recorded with it.
<br />.......... ............. ..................................... ........ . ................ .. .......................... (seal)
<br />C agles 'P. Lang - so•rcMer
<br />............... ............................... ..... ............................... ....4��leJ.l...,•1R %'.r (Seal)
<br />Colleen E. Lange �' 9orroweir
<br />STATE OF NEHRASKA. Hall County ss:
<br />on this 21St day of March, '19 89 , before me, tilC Idr :tlW igrrcd, a !Votary Public
<br />duly commissioned and qualified for said counv% priminully- rattle Charles F. Lange and Colleen E . Lange ,
<br />each in his and her own right, and has spouse of each other . to rife 11nolm 111 he Use -- _
<br />—
<br />identical person(s) wh.r:c name(.; are iabscriiird' to the foregoing iwarFlnietlt and the ctccutanl
<br />thereof to be their `,uiuntary apt and;&ed.
<br />R'ittless my hand and notarial seal at Grand; Tslan asks ill said c(uuuy, the
<br />date aforesaid.
<br />My Commission expires: ,
<br />� IriMr3ttls M Itltillirt : / ,� � � �ILRA21r RI41t.LSI M+ 1 -1AN ,. , -. � 4•,, +. .
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