t
<br />102333
<br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceImflon following Borrower's
<br />brass of nay covenant or agteesest is this Senrity Instrument (bat not prior to acceleratloa under paragraphs 13 and 17
<br />r unless applicable taw provides otherwise). TAe notice shall specify: (a) the deftelti (b) the action required to cure the
<br />Idefault; (c) a date, not less than 30 days from the date the notice is gives to Borrower, by which the default must be cured;
<br />sad (d) that failure to ewe the default on or before the date specified to vise notice stay result to acceleration of the sums:
<br />secttred by this Security Instrument and sale of the Property. The notice "I further Infosho Borrower of the right to
<br />retttstate after acceleration and the right to bring a court action to assert the non- existence of a default or any other
<br />defes notBorrower to acceleration and ale.If the default fs not curedonor before the datespeci led in the notice, Lender
<br />at its option may require iomedtate payasent In fill of all sons secured by this Security Instrument without further
<br />demand and nay Invoke the power of sale and say otber remetlles permitted, by apptiabk law. Lender shall be entitled to
<br />collect all expesues incurred Is penuiag the remedks provided is this paragraph 19, including, but not limited to,
<br />reasoattbk attorneys' fees and costs of title evidence.
<br />If the power of sak k Invoiced, Trustee sball record a notice of defaalt Is each county in which any part of the
<br />Property Is located ad sbdl mall copies of such notice is the manner prescribed by s"lleable law to Borrower and to the
<br />other pasaus 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 sett 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 order Trustee detmalam Trustee may postpone sale of all or any parcel of the Property by
<br />public announcement at the tiase and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Psnpert),r at«wr sale.
<br />UP= receipt of payment of the price bid, Trustee shall deliver to the ptsrcbsnr Trustee's deed conveying the
<br />Property. be recitals to the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee " apply the proceeds of the sale in the following order: (a) to all expenses of the sale, Including, but not limited
<br />to, Trustees fees as permitted by applicable taw and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (e) any excess to the person or persons legally entitled to it.
<br />X, Leader in Possession. Upon acceleration under paragraph 19 or abandonment of the Property. Lender (in
<br />person. ' ry- agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and' manage the
<br />Propert: dad to coiSec: the rents of the Property including those past dcue. Any rents collected by Lender or the receives
<br />shall be ..peaied first to .payment of the costs of management of the Prupc* and ciliection of rents, including. but. nut
<br />limited ter, receiver's fees, premiums on receiver's bonds and reasonable attorneys: f�, and then to the sums secured by
<br />this Security Instrumt mt.
<br />21. Reconveyawce. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reeonvey 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 to 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 Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in thecounty in which this Security Instrument is recorded.
<br />Without conveyance of the Property. the successor trustee shall succeed to all this title, power and duties conferred upon
<br />Trustee herein and by applicable law. =1=
<br />23. Request for Notices. Borrower requests that copies of the notices of default aud. sale be sent to Borrowers
<br />address which is the Property Addram ; ;s
<br />24. Riders to *is Security Getstrument. If one ar more riders are em. uted by Borrower ar,.•d recorded together wis!x
<br />this Security Instruire rt, the arve>T was and agpwmeats of each such rid.F. i shall be incorporate; into and shall amend ar s
<br />supplement the covenants ar!d .7g °eements of this Security Instrument as if, the rider(s) were a part of this Security ` ,r
<br />Instrumrart. [Check applicable box (es))
<br />_ ❑ Adjustatr date Rider ❑ Condomiinium Rider ❑ 2-4 Family Rider
<br />❑ Graduates Payment Rider ❑ Planned Unit Development Rider
<br />Other(s) [specify) Acknowledgement '
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any rider(s) executed by BcTmmver and m—cord with st.
<br />..........,.... ......................................... ............................... ...........� ...... • .....................(Seal)
<br />ames D. Livingston �010"tl'
<br />....................................................... ............................... .<:i!l:r. ?::1. /.. /..l . , �.!�2 :'. ? /l.'?,�............ ..( "5rs11
<br />"Sharon R. Livingston — aor +�ter
<br />STATE OF NEBRASKA. Fa.l) County ss:
<br />On this 9th day of rgay , 19 gg, before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county. personally came James D. Livingston and
<br />Sharon R. Livingston, Husband and Wife . to me known to he the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the
<br />date aforesaid.
<br />LMy Commission expires: 7kx vti e 0707 (q3`l ►`` \ (
<br />Nt +testy Puh6 �
<br />REQUEST FOR REC:ONVE1ci, NICL d`
<br />The undersigned is the ho der of the note or notes ,.ecuretl hv rhis I)eetl tot Irtio Said 1141te fir mttr�, ti'vohc!
<br />with allather indebtedness secured by this heed of Tru,;t. have heen raid in tui:. You .etc her 11% dirt•, fed to r.ttt, : I k:ud
<br />nrtc ar notes and thiv lined of -trust, which are delivered hcreiw. dull ti, fttt+tttrct. th=ii'm tti.ttranty. I11j thu t'fate
<br />now held by you under this treed of lrust to the ncrwn or retvntti. iegally entitled thcrt:h
<br />Date:
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