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.
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