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89--- 102+711 <br />NoNAINII.ORM C'riv L .N,kN1'S Borrower and Lender further eo%enant and agree as follows: <br />19, acceleration; Remedhto. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreemont in this Security instrument lbut not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides o0erwlsel. The notice shall specify; (a) the default. Ib) the action required to cure the <br />— default; (c) a date. not less tlian 3Q+ days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failure to cure tbR drelisith on or before the date specified in the notice may result in acceleration of the sums <br />secured by this Security tnstrumene, and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration ad the right to bring a court action to assert the nonexistence of ra default or any other <br />defense of Borrower to acceleration. led sale. if the default is not cured on or before the date specified in the notice. Lender <br />at its option may require ittm tr dfrtlaa 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. pitrtsuing the remedies provided in this paragraph 19, including, but not limited to. <br />reasonable attorneys' tees Wild coet:tl at title evidence. <br />If the power of sale is irhvahe* Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mail copies of such metlee in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applu'cahle law. After the time required by applicable law. Trustee shall give public notice of <br />sale to the persons and in the manner prescriber! by applicable law. Trustee, without demand on Borrower, shall sell 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 its airy order. Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public at "ricement at the time and place of sacs« previously scheduled sale. Lender or its designTe may purchase the <br />Property at any sale. <br />Upon receipt of payment olt the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trusties deed shall be prima facie evidence of 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. Vpon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agent or by judu:talh.,r appointed receiver) shall be entitled to enter upon, take possession of and manage the <br />Property and to collect the rear,# of the Property including those past due. Any rents collected by. Lender or. the receiver <br />shall he applied first to paym -ent., of the costs of management of the Property and collection of rests. including, buV not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums swured -by <br />this Security Instrument. <br />21. Reeotneyaisee. U(.+c+n, paymcm of all sums secured by this Security Instrument, Lender %hall request Trustee to <br />reconvey the Property and shall) surrender this Security instrument and all notes evidencing debt ioz ured by this Security <br />tristrument 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 pal any recordation costs <br />22. Substitute Trustee. Lender, at 11s option, may from time to time remove Trustee and appoint a successor trustee 7 <br />to any Trustee appointed hitreunder by an instrument recorded in the county in which this Security instrument is recorded. E ' <br />'tth:,;:; eo +�vcya,r,;Y �i iise Pcctperry, the successor trustee shall succeed ¢tie all the title, power and duties conferred upon - -- <br />Trustee herein and by applii:xKe law. <br />23. Request for Notices. Borrower requests that copies of the notices of defau,hc and sale be sent to Borrower's <br />address which is the Property Addrm_ <br />24. Riden to, this Security Instrument, Vona or more riders are executed by Borrower and recorded together with <br />this Security Instrument; the covenants and agreemcnts of each such rider shall be incorporated mro, and shall amend and <br />supplement the covenants and agreements of this Security instrument as if the nder�'sj were 'a part of this Security <br />Instrument. [Check applicable box(es,)], <br />,Adjustable Rate Rider. Condominium Rider 7 2-4 Family Rider <br />Gtaidtlated Pay.mt., a Rider Planned Unit Development Rider <br />t� p der <br />;!other(s) (specify) j. <br />By SIGNING BELOW, Borrraa%;i accepts and agrees to the terms and covenants contained in this Security 1 <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />:.......,..... _ ...... .... pyc "✓',i-'__ /�.G� .. ................... <br />al) <br />1'liTTiarii......Fotilkes .........._eorrower <br />................. <br />(Seal) <br />Ruth C . FOW ] k"5 — Borrower <br />St ATE tit Ni etc 1%k �. Hall <'oirnty ss: <br />On this 26th dal or May , 1969 . hctorc• nie. the undetogned, it Noiary I'uhlic <br />d,rty commissioned and qua] fird rirr aidcounty. per,onall,. cants William J. Fowlkes and Ruth C. Fotdlke5, <br />each in his and her own right. and as spouse of each other to Ine kn+ltsn its h.• the <br />identical persons) chose narnot) arc suhsciihcd to the torcemn.e in,ttuntent and act n,nslederd rhr cxctuiirut <br />thereof tO be their soluntary act and dent <br />U"Incss niv hand and nt+rrr wl cal at Grand Island Nebraska ur ..n;t , r'tuliti . the <br />date aforesaid. <br />ti1y Curnmisstnn etiptrc�• j� � � <br />it.. MA>ZLrt1► I V I, t S I f r ►)t It f c t t t 1 1 t! f` <br />t.1 �%ttm i <br />itrC +tr:,t:'t tor. .1 s I +i. ,t, r .r .r. a ,t•. .i „r. ,! ! 11 1 • .., , r ,t �j <br />..rrt..+1� .,+rcr t -j r. . .'r !, j►...r, t'•r .•t. . r•. <br />I+ � <br />ir.� j <br />