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F No%'.Utill nH&l C0VUNANIS BorroN'cr acid Lender further covenant and agree as folio�•s• 89-.102695 19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the 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; and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further Inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale, If the default is not cured on or before the date specified in the notice. Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including. but not limited to, reasonable attorneys' fees and costs of title evidence. It the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall. mail copies of such notlee in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the f1me required by applicable law, Trimtee shall Live public notice of sale to the persons and in the manner prescribed by applicable law. Trustee. without demand on Borrower. shall sell the Property at public auction to the highest bidder at the time and place and under the terms deslipated in the notice of scale in one or more parcels and in any order Trustee determines. Trustee mad postpone We of all or any parcel of the Property by public announcement at the time and plate of any previously scheduled sale. (lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bidi lNustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall hc-prima facie evidence of the truth of the statements made thin. Trustee shall apply the proceeds Qf Oe We in the Wkwing order: (a) to all expenses of the sale. including, but not limited to, Trustee's fees as permitted by applicable law acrd treasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and tc) any exccawtry the person or persom legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph iQ or abandonment of the Pwpeny, Lender (in person, by agent or by judicially appcunted receiver) shall tie entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the rwei%cr shall be applied first to. payment of the costs of management of the Property and collection of rents., including. licit, not limited to. receivers fees, premiums on receiver's bernds and reasonable attorneys' fees. and then to the ±;ums secti rcd by this Security instrument. 21. Reconveyance. Upon payment F.f all sums secured by this Security Instrument. Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument .o Trustee. Trustee shall recomey the Property without warranty and without charge to the person or persons legally entitled to it Such person or persons shall pay any recordation costs 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to it Trustee ap .-an heron d. .✓1 A • L ._ .. �y _rpr t?s! ..r.._,.r r b; «. ^.:.. ^.strt:r::::.i tressr.,ca, i...hr' Ca.iirdji iif ii.uttff inty SCCUriiy in:.irufitent is reC6ri3rd. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred triton Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. Riders to this Security lnstrumeat. If one or more nders are executed by Borrower and recorded together with this Security Instrument. the covenants and agreements of each such rider shall be inco*rated into and shall amend and supplement the covenants and agreements of thts SoLunty Instrument as if'.the rider(s) were a part of this Security Instrument. (Check applicable box(esil � ; Adjustable Rate Rider 77 Condominium Rider iJ 2-4 Family Rider J.tiraduated Payment Rider ;J' Planned Unit Development Rider F-1 Other(s) (specify] By S1GNI;rG BELOW, Borrower accepts and agrees tc• the terms and covenants contained in this Security instrument and in any rider(s) executed by Borrower and recorded with it. w! ...fit..,.. .i (Seal) rl A. Hur --(#unwer ,YJ l r Borrow& SIAil (it Ball ('olfrtty On this 25th day of May .19 89 cc me, the undersigned, a Notary Puhlic duly commissioned and qualified for said county, erstrnalh came Carl s. Hurd and Colleen R. Hurd, each, in his and her own right, and as spouse of each other :.hc identical person(%) shove name(%) are suhst.rihed it) the fincyoinc In liInncnt and aJnrrssh:dycd the .tra::iI m thereof to be their %r. -d-st % it I and deed Willies - ms h3r!d and rnrtartal .cal ai Grand Island, Nebraska ut Fntf s. +rots. ihr date aforesaid %1% ( sit l i it I%.it+ it vAlit re .JOY IL WAZL! *' ( I,[%% i' t i► it 9 r RI fat flip to 1, IM ll:,• .,.1:'t�.., .t r', �. i. ., r• .. ,. ,n•ru n, t tt , f ,..i.! �:... .•, ,t. ..i., . 7 rill �i r� M �.