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r <br />11 <br />F <br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows89'— i 03081 <br />19. Acceleration; Remedies. Leader 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 sppllcable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />detaalt; (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 sutras <br />secured by this Security Instrument mW sale of the Property. The notice shall iurther Inform Borrower of the right to <br />rNadate after acceleration and the right to bring a court action to ataert the non-existence of a default or any other <br />defame of Borrower to acceleration and sak. If the default is not cured on or before the date specified in the notice. Leader <br />at Its option may "Ire is mediate payment is &H of all am secured by this Security instrument without further <br />dessand and tray iavoke the power of sale and any otter retstledies permitted by applicable law. Lender shall be entitled to <br />colllect all expenses Incurred in parsising the rewedles provided In this pera roph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />U the power of oak is invoked, Trustee shall record a notice of dehtdt is each county In which any part of the <br />Property is located and shall Mail copies of stacb notice in the mattttler prescribed by applicable law to Borrower and to the <br />other person prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to the persons and in the assaw prescribed 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 term desigaated in the notice of sale in <br />oat or fedora parcels and IM nay order Trustee determines. Trustee nay postpone sale of all ve any parcel of the Property by <br />puNk m mouscemeot at the time and place of any previously scheduled sale. Ltadw or its designee may purchase the <br />Property at say sak. <br />Upon rmlpt of payment of the pvice bid, Trustee shall deliver to the purchissU, Trustees deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima fade evidence of the trutlk 98 the statements made therein. <br />Trustee shall apply the proceeds of the sane (a tilde following order. (a) to all expenses of ft sale, Including, but not limited <br />to% litWW* fees a permitted by applicable law µad reasonable attorneys' fem.(b) to all sums secured by this Security <br />IaatamMeMt; and (c) any excess to the person or persons legally entitled to it. <br />20. Lander in Possession. Upon acceleration under paragraph 19 or abandonrrierae of the property, Lender (in <br />person, by ispit or by judicially appoiAt64, receiver) shall be entitled to enter upon, t3hr .- possession of and man4p the <br />Property and to collect the rents of the Property including those past due. Any rents cot fected by Lender or the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not <br />limited to, receiver's fees, premiums on, deceiver's bonds and reasonable att�tc y} fees, and then to the sums secured by <br />this Security Instrument. . <br />21. Reeos veyance. Upon pay mean. of all sums secured by this Security Ise . ' ment,. Lender shall request Trustee to <br />rewayey the Property and. sits!! surrender this Securty. Instrument and all nows evidencing debt secured by this Security <br />Instmnent to Trustee. Trustee shall reeonvey the Property without warranty aad without charge to the person or persons <br />legatty, entitled to, it. Such parson or persons shall pay any recordation costs. <br />22. Saimidtate 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 Security Instrument is remded. <br />Without conveyance -of We Property; the successor trustee shall succeed to all ib" title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />23. Request for r4otim% Borrower requests that copies of the notipes .of default and sale be sent to Borrower's <br />address which is the Property Address, . <br />24. Riders to this Security Instrument. If one or more riders are ex®cuted by Borrower and recorded together with <br />this Security Instrument, the clovenants and agJreemertrs of each such rider st'WR be incorpotated into acid shall amend and <br />stlgp ement the covenants send agreements of this .�curity Instrument as•e6.the rider(s) were a pan of this Security <br />Instrument. [Check applicabk box(es)] : <br />❑ Adjustable Rate hider ❑ Condominium itiatetr F1 2-4 Family Rider. <br />❑ Graduated Payment Rider ❑ Planned Unit Developt Rider <br />❑ Other(s) [specify] <br />BY SIGNINo 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 />......... ............................... <br />STATE OF NEBRASKA, <br />................ ............................... � ,r.Cl�. ............(�s <br />W. mil hhael' Muth -- en�owe� <br />............... ............................... ... . /l/� ;..Prt�. <br />Patricia a: Muth.......... orwir <br />Hall County ss: <br />On this 16th day of June , 19 89 , before me, the undersigned, a Notary Public <br />drily commissioned and qualified for said county. personally came W. Michael Muth and Patricia A. Muth, <br />each in his and her own right, and as spouse of each other , to me known to he the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the eeecution <br />thereof to be their voluntary act and deed. <br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the <br />date aforesaid. <br />My Co / <br />I&A J. 'AL :T ................ <br />w a.. fa► Bar. t tII� DIER <br />IQIJI-Sl- 1014 RLCONVi ti, <br />To TRt sii-t <br />.i lie 1111der st-rled 1% ttiC: holdcr n! :Ili' 114,1!c ter 11 i1u, thLd •1 11 I's 'Ild tut -Ie .,t of sw%, tovoI1�'t <br />%sth .11t 4 1hv`r IrtdciltcdlIcv. sainted Iry tilt, DvCd n1 I t 11.t. it :t%r marl p.1 td to tint It ,-n ,tr, i/ct: hs ,in;, d t.1 ,.u1,.1 -.IIJ <br />Hole or note, arld 111%+ Deed of iru,1, 1 110 ,etc d,lI,rrtlt h,:tc111..1,1.1 1, t'll : �, ,�i I1, •r t „1, . 't <br />now held by jolt uuaer t III , Decd -,1 Ir1iIt t„ 1111 I.1.•.tIII >t In,.... 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