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<br />Q0--T 102891
<br />NoN UNII0[111 Cen•t'NAN 1 s Borrower and Lender further Covenant and agree as follows:
<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 dofaulr; (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 failure to cure the default on or before the date specified In the notice may result in acceleration of the sums
<br />i 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 note- 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 sum-44 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 19, including, but not limited to,
<br />reasonable attorneya' fees and costs of title evidence.
<br />It 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 sad stall snail collies of such ecet&ia in the manner prescribes by applicable law to Borrower and to the
<br />other persona prescribed by applicable tan. After the time required by app4ieat±t.>, tarn. Tratstee shall hive public notice of
<br />sale to the persons and in the manner prestribed by applicable law. Trustee, wrest demand on Borrower, shall sell the
<br />Property at pabite auction to the highest bidder at the t ime and place and under tilde terms designated in then notice of safe In,
<br />ame or more parcels atndl in may order Trustee detetWtaes: TV VStee may postpa 12e sale wrRelD or alts' parcel atf the ProperW by
<br />public ansouneeneetat at the time and place of anj; p ;evkous►!yv saeduled sate; Leader or Ns designee may purchase the
<br />Property at any, safe. I
<br />Upon receipt of payment of the price bid,, Tmstee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed shalt be prima facie evidence of the truth of the statements made therein.
<br />Trustee dull 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 fm as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />instrumenq and (e) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph le or abandonment of the Property, Lender (in
<br />person, by agent or by judtctall) appamted receiver) shall be entitled to enter upon, 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 he applied first to payment of the costs of management of the Property and collection of rents, including, but not
<br />limited to, recei erN. fees, premiums vn receiver's bonds and reasonable: attorney,' fees, and then to the sums secured by
<br />this Security Instrument.
<br />21. Reeonveyance. Upon payment of all sums secured by this Security instrument. Lender shall request Trustee to
<br />reconvty the Property and shall surrender this Securtty 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 />22. Substitute Trustee. Lender, at its option, may from time to tome remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an imstrument recorded in the county in which this Security instrument is recorded.
<br />Witham conveyance Anf ehr Prerr,._rty, the 511c r U- Ust.t: ,"-fl succeed to also the i4lic. power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Regitat for Notices. Borrower reyue_st., iztat cepit!$. of 111c ifolices of default and sale he sent to Borrower's
<br />address which is the Property Address.
<br />24. Ridem to this Security instrument, If aitt: or more riders arr cfnccutW by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each such rider shan tie incorporated into and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as ,6 the rider(s) were a part of this Security
<br />Instrument. (Check applicable box(es)]
<br />❑ Adjustable Rate Rider ❑ Cbridomittium Rider -1 2-4 Family Rider
<br />Graduated Par men[ Rider ❑ Planned Unip Diivelopment Rider
<br />❑ Other(s) (speci6yl
<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 />...................
<br />�--' ` Seal)
<br />Mary Jo erbousek - Borrower
<br />S I A U of iii) BRAlik•%.
<br />.......... . ................... ....................... ......................... (Seai)
<br />, - — Borrower
<br />Hall ( ounty ,%:
<br />Oil this 7th dui of June , ly 89 • he }tfrc me, the under,igned: a Nolari, i'uhli�:
<br />duly commissioned and qualified too Bald edam~', pcnitnally came Mary Joan Serbousek, an unmarried
<br />person tee ntr kuuwn to he Ihr
<br />identical per,nn(,) + +hhrk naniciO are ,ub,uribcd to the torcgoing M51ru•nu•nt and atAn,w6ledeed the 1•tecutinrl
<br />tftereof to be her volarnary ;fit and decd.
<br />Witnes, my hand aad'm=larial,cal ai. Grand Island, Nebraska
<br />date afore +aid.
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