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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: <br />