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1 <br />NON•LINIFORMCOVENANiS Borrower aad Lender fun her coi,cna tit and agtccasfol low s: 89-102630 <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach 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 which the default must be cured; <br />and (d) that failare 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 further inform Borrower of the right 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 is not cured on or before the date specified in the notice, Lender <br />at its optic* may require immediate payment in fall of all sutras 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 p inuing 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 />Property is located and shall mall copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons 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 sell the <br />Property at JiMic 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 pamis and In any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public annauneeetmt at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at say salty. <br />'Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements rude thereict. <br />Trustee shall apply the proceeds of the sale In the followtrtq order. (a), to all expeatus of the sale. including, beet visit Ha dted <br />to. Trustee's fees as permitted by applicable taw and reasonable atttureeys' feels; (bl• to all sutras secured by this Secur iky <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 tin <br />person. by agent or by judicially appointed receiver) shall be entitled to enter upen. take possession of and manage the <br />Property and to collect the rents of 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 Praperty and collection of rents. including, but r.ot• <br />limited to, receiver`s fees, premiums on receiver's bonds and rewortat-le attorneys' fees. and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Security instrument, Lender shall request Trustee to <br />reeonv,ey 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 />t -* TrL.:=. -1 -nd r, 3t its crit:ilii, may f o mi timc to tune rcraw. ;z Trusts;c and a4,point a si cc asor trustcc <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security instrument is recorded. <br />Without conveyance of the Ptuperiy, the successor trustee shall succeed to all the title, power and duties conferred upon Y '- <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 BorrcAuws <br />address whicch is the Property Address. <br />24. hiders to this Security Instrument. if one or ruere ciders are executed by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements ofeach such rider shall be incorporated into and shall amend and <br />'supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. (Check applicable box(es)) <br />© Adjustable Rate Rider [] Condominium Rider [] 2-4 Family Rider <br />it <br />Graduated Paiment Rider F-1 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 Borrower and recorded with, it. <br />r <br />............................ . .... I .. ...... <br />.. f <br />.._ ........ I ........ ........ el;n�o yt(f.... �! • ... { -...2 :...................(Seal) <br />H. Peace — Borrower <br />..................... I .... ... .................. . ...... ............. ........... - . .......�,- - -•- --- -- ............(seat) <br />Barbara J . Peace -- Bort0Mer <br />STATE OF NEBit ASK A, �{�: I Couniv v,: <br />On this qtr day of -ray .lyay before me, file , >r..; •signed, a Notark Public <br />duly commissioned and qualified for said county, personally came L 1 r c, H. tie <br />t3art -,_ r, peace, i4i� ,hand nd !• lfr: lit me raKti tit 1w Ilrr <br />identicat persons) whose mr—me(s) are subscribed to ills �oreg(ving instrument and a;.Nn,�i +ledf,r si .the ctcrutu,n <br />thereof to he t ~ ?.r tioluntary act and deed. <br />Witness inyh�:•cd zad dolarial seal at C•rar, 1 I �.l ar.,�, ':�hr��.�:, trt %aid count.: ir)c <br />date aforesaid. ` <br />(r�Ml tlOtMr -Et111 M tilMasb ro <br />My Curnmestiort expires: �of � Rt ell <br />` +•,ear. ('orals CO <br />Ri.(1Uf 51 iryR (tl.MN%f )"ANC I tl'f <br />11. 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