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<br />Ni W LIK11-ORM Col\ I NA%1S Borrower and lender further cotenant and agree as follow s. 89---1 026'715
<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 spteffy: (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 Riven to Borrower, by which the default mast be cured;
<br />and (d) that failure 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 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 14, 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 der idt in each county in wlhiMy any part of the
<br />Property is located and shall mail copies of such actice in the criattner pressirkbffA by apppUi mWe ttavii 4m Dorrower and to the
<br />other per prescribed by applicable law. After the time recpu:l,'nd by altlgllir ble •Trawl Tireswe shaM ;01(1 publto ista ee of
<br />We to the 1pemns and in the manner prescribed by rsvptical k.- liaw, fi-oast om, waTrhnut demand on flToscrroliv►er,,, VMIR $4 tlhe
<br />T*vpper,t3 aft pu' llc aued.Qu., to the highest biddert u t1ba tt6rae wA pllaw=d wnder *.- Rum_% &slf nattedl icp 1 &a uarintaMZe d- Sde ilia
<br />,dsm,6r tt v e 1paacets ramh fiat M order. 'ltcrmstee d1.°tarvfines. TMsws- mtcsay paTsit; AlYt s9Ji',(�f all tr, any. gtturo6 efitlke rmw.ty iry .
<br />o�aMlk wme�t>?o meant art Iftn byre swt:dl ptace of any previously scheduled! f�&. Leader, wr its desWtevi+ may p1irdh4se the
<br />lima Berg' a. ty i�dv-
<br />Upon receipt of ptttyment of the price bid, Trustee shall deliver. Isr lite purchaser Trustee•'% creed conveying the
<br />Property. The recitals in the Trustee's deed shall be prima facie evidence (if the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale. including. but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable 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, hpori acceleration under paragraph 11) or abandonment of the Property, Lender (in
<br />person. h) agent or by judicially appointed recener) shall he entitled to enter upon, take possession of and manage the
<br />Property and to collect the rent% of the Property including those past due Any rent% collected by lender or the recci%cr
<br />shall he applied first to payment of the costs of management of the Properly and collection of rents, including, but no,
<br />limited to, rece►ter's fees, premiums on rcccrvcr'% bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security Instrument
<br />21. Reconveyance. Upon payment of all sum% secured by this Security Instrument, I.ender shall request Trustee to
<br />reconcey the Property and shall surrender this Security instrument and all note% e%idencmg debt secured by this Security
<br />instrument to Trustee. Trustee shall recontey 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 the county in which this Secunty Instrument is recorded.
<br />without conveyance of the Property, the suc�crsor 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 Security Instrument. If cone or more nders are executed by Borrower acsd recorded together with
<br />this Security Instrument, the covenants and agreements of each such nder 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 Fart of this Security
<br />Instrument. [Check applicable box(es)]
<br />_X� Adjustable Rate Rider :_ G3ndommwm Rider - 2-4 Family Rider
<br />" Graduated Payment Rider _' Plainned Unit Development Rider
<br />, Other(s) [specify] Acknowledgement
<br />BY SIGNiNG BEE-Ow. Borrower accepts and agrees to the terms and cotenants contained in this Security
<br />Instrument and in any nder(s) executed by Borrower and recorded with it.
<br />Si Ai) OF NUBRASk4.
<br />HATA
<br />C4 ............(Seal)
<br />C. Thomas Taylor -- Borrower
<br />.......... ..... ...... . ...........................(Sea 1)
<br />— Borrower
<br />( 011111% tis:
<br />On this 25th day of M ly .1989 , helttrc• nu•, the• undersigned, a Notat y Public
<br />duly commissioned and qualified tot said county, personally came
<br />C. Thomas Taylor, a single person tei, me knom I) to he the
<br />identical penon(s1 whose name(s) are subscribed to the foregoing instn►mem and acknvtvlctigvd the cxccutrnn
<br />thereof if) be his voluntary act and decd.
<br />%f -lnrss int I,aad and notarial seal a( !;rand I-J and in paid t:o►intt, tl:c
<br />date atnresaid
<br />%15 Comm) ,Ion eknires: —92
<br />aillAl! VAD- * of Ntbub
<br />MARGME? M. DILLON
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