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<br />5� 102382
<br />Nn!vUNimm CoLvENANn 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 />bract of any covenant or agreement in this Security Instrument (but 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 />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by whkb 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 its acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shalt further inform Hurmwer of the rot to
<br />reinstate after acceleration and the right to bring a court action to assert the non- existence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default its not cured on or before the date specified in the notice. Lender
<br />at its option may require immediate payment In full of all sums secured by this Security Instrument without further
<br />demand and may invoke 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 provided 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 />LfTrnp" is located and shall mail copies ofsuch notice in the manner prescribed by applicable law to Borrower and to the
<br />u)itar persons pmaribed by applicable haw. After the time required by applicable law, Trus(ee shall give public notice of
<br />We:t% the persons and in the manner prescribed by applicable law. Trustee, without demai L-tm Borrower, shall sell the
<br />Prn*tty 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 is any order Trustee determfneL-T-rtateo may. postpone spit of all or any parcel of the Property by
<br />public announcement at the time and place of any pmY1, udv skeduled sale; er or its designee may purchase the
<br />Property at any wk–,
<br />Upon receipf of payment of the price bid, Tru ` C!m&1V&UVer to the purchaser Trustee's deed conveying the
<br />Property. The recitals In the Trustee's deed sbau bepiwa facie evidence of the truth of the statement; made therein.
<br />Trustge'shall apply the proceeds of the sale In the felliew (i; order. (a) to all expenses of the sale, is cluding,, but not limited
<br />to, Trustee's fees as permitted by applicable law and hw sonable attorneys' fees; (b) to all 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 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 collect the rents of the Property including those past due. Any aunts collected by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Property alid rsullection of rents, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorngis? Vees, and then to the sums secured. by
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Insixtunent, "L, 6iri� stall. request Trustee to
<br />reconvey the Property and shall surrender this Security. Instrument and all notes evidencirgii3ft :u used lea this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without Gila .' it t is 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 time to time remove Trustcrul: appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in wbich this Security Instrument is recorded.
<br />Without conveyance of the Pm party, the successor trustee shall succeed to alf thrift ?c, power and duties conferred upon
<br />Trustee herein and by applic&;!,c L'.vx,
<br />23. Request for Notices„ j30, rower requests that copies of .the notices of +ic''a li` :'aril kale be sent to Borrower's
<br />address which is the Property Address.
<br />24. Riders to this Security Instrument. If one or more riders are executald hey ilnrroa er and recnrdtuf Together s-ith
<br />thi?. Swurity Instrument, the covenants and agreements of each such rider shall iie incorporated into anal :d ill amend and
<br />suppr.ntent the covenants and agreements of this Security Instrument as if the rider(s) wt-V a pain "of this Security
<br />Instrument. (Cher-k applicablebox(es))
<br />._ ❑ Adjustable Rate Rider ❑ Condominium Rider I:j :2-•4 Family Rider
<br />[]Graduated Pay::..crtt Rider (] Planned Unit. Development Rider
<br />❑ Othe7(s;) ,specify]
<br />By SmNINn BELOW, Borrower accepts and agrees to ter: terms and covenants contained in this Security
<br />lnstrz�,ment and in any rider(s) executed by Borrower Ott 6 recorded with it.
<br />5TA -'t-. of NEBRASKA,
<br />.........(Seal)
<br />— Bcrra-wu
<br />........(Seal)
<br />— BottaAet
<br />On this 5th day of May - 19 89 , hefore mc, the undersigned. a Nojar% Public
<br />duly commissioned and qualified for said cou» ty. perstmally rani• Kevin J. Kenyon and Michelle M. Kenyon.
<br />each in his and her own right, and as spouse of each other . It) me kntmu n• I-Tr tat:•
<br />identical penon(s) whose name(,,) are subscribed it+ the tnrrcgennt, instrument and aLhI10:sk•dccd the sip :rv+tr
<br />thereof to be their %0untary act and decd.
<br />Witness my hand and notarial seal at Grand Islatr"Nebraska ere .a td t olor 4, rh,
<br />ivy L ommrscton expire;:
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