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NuN (IN It (tlt M C W 1 NA% Is Borrower and 1 ender further covenant and agree a% fotllow's: 90 -10 J 4 91 <br />19, Acceleration; Remedies. Lender shall give notice to Harrower prior to acceleration foliowinit Horroweese <br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paraRraphs 13 and 17 <br />unlestl applicable law provides otherwise). The notice shall specify: (a) the default; (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 />is"ured by this Security Instrument wad 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 non - 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 sums secured by this Security Instrument without further <br />detew d and may Invoke the power of gale 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 attorneys' fees and costs of title evidence. <br />If 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 and shall mail copies of such notice in the manner prescribed by applicable Ial+ to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable law. Trustee sstaall Rive public notice of <br />sale to the persons and in the manner prescribed by applicable law. Trustee. without demand on Harrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms "gilated in the notice of sale in <br />one or more parcels and in any order Trustee determines. Trustee nbati postpone sidle tit all or say parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Ixnder or its desitlnee may Purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid. Trustee shall deli%, r to the purchaser Trustee's deed conveying the <br />Property. The recitah in the Trustee's deed shall be prima facie evidence of the truth of the statement+ made therc•ir., <br />Trustee shall apply the proceeds of the sale in the following order. (a) to all expenses (if the sale, including. bat not limited <br />to, Trustee's fees as permitted by applicable law and rea%. suable attorneys' fees; tb► to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons lettaily entitled to it. <br />20. Lender in Possession. t1pon acceleration under paragraph ly or abandonment of the Property. 1 ender on <br />person, by agent or by judresally appoinud receiver) %hall be entitled to enter uptn, tale ptnsesmon of and manage the <br />Pinperty and to collect the r%rot% of the Property Including thine past due Ali) rent% collected by I ender or the recct%cr <br />shall he applied first to paynivot t,f the cost% elf management of the Property and collcclion of rent%, including, but not <br />limited to, receiver'% lee%, premiums nn receiver'% hind% and rea%t%nabie atrttrne%% ice%, and then a, tine %urn% %mural sty <br />thmSecurity In%crtarra :_nt <br />2I. Recomeainee. open payinent of all %ums % ecured by this secant% Inmrtnnent, I evider %hall rcyucm I rti%lee it, <br />rec%o(v. r?, the Property anti shall %urrender this secuni t to,t.Fument lend .dl note% •?%tdencrnV debt % ecured I-. hl %Security <br />Instrument tot 1 rumve I ru%tec %hail recou%ey the Prover., a'uhttut %varr:uuy ant? •e%,i;hout char►e to the per, to or txnon% <br />legally entitled it) 11 Such tx"r% an tit iot% one %tihaU Pit) .rny+e•cotrdauttuctt%t% <br />22. Substitute Trustee. Lender, at it% option, may from time to little remose 1 roster anti a,, j -oen(a su%ccs%or tru %lev <br />taany Tru%teeapttotinted hercunderhy an morument recorded ntthetounr% tit which Flu% steamy instrument I%reconled <br />Without conveyance of the Property. the %ucce%%ur trustee %hall %ticceed to all the title. power and duties contirred uptn <br />7 rustee herein and by applicable law <br />23. Request for Notices. Borrower reyue%t% thal c(tpse% of the notices of default end sale he %ent to Ilotrrower'% <br />addre%% which I% the Property Addre%% <br />24. Riders to this Security Instrument. If one or more rider% a r, a %cculed h% Borrower and recorded together with r� <br />Iho, unty Instrument. the covenant %:end agreements of , ►ch %uo, h rider %hal: be, nuorl%orated utu, .rod ,kiii? emend and <br />%ut*pl -ment the covenant% and agreement% of this kcun-.} Instrument a% of 4f1:• rider(s) were a pert td rii% Security <br />Instrument [Cheei. apphcahle bt►x(e%)) <br />Adjumabie Rate Rider Condominium Rider a I-anuly Rider <br />Graduated Payment Rider Planned brut Development Il(t,let <br />clihrr«%•' j%torcd'yj tM <br />BY SlrJVtN, Hilt,%% Btttrowcr adepts and ,tprer% to the term% .tot', o,%enanr% tontamcd of this locum% { <br />Invtrrlr.Iraent and an any rider(%) executed by Hilt rower x..;,,' •ecordn1 wit h 11 <br />/t ,?Z c. ff C�.. _._, le ISeat <br />A ,` <br />, Seal <br />,"6r i I ytlr `J . Maliugtr «" <br />%t till ,1 %I Fitt %%A It Hal I <br />On tell, 19th tl.t _•t A'eptemter In till I' I;, I, <br />dnls "loot: ., •�d.111d.I11.01111%d feel • ,0 a.ul% ..t JimieL' I . likOudh and Marilyn J. <br />McHugh, each in his and her obit right, and as spouse of each other - <br />(dl'll[1 .1 ttel %oll(�) title,• +i Il.trir•.e,i .tit •tll•,t1 tY't III tit,* f.tl, , •�t„ t .. (�� -•.tl .1,.•1 '1. .. ut„ut <br />thcn'ttt rt, he their %,dune.11% .1%:.ut,i J11.1 <br />w iuic— tit, hand and tiot- t.tl .it .it Grand Island, Nebraska t„t <br />dare afore %alt) <br />�l% t onunt % %nal %state, sit l •StoM th0l <br />gill <br />L M F 1±01( . <br />r/ Aabla Ely Aug t MY <br />kl t!1 I `•1 1 e ►k RI o t r 1� I% %''.� t � <br />to <br />Its Iwo •-iii � <br />1111 uU,ttt•t.'u,.l �1„ It .;.1. 1 'I.. n , r i, I f ,' <br />t%Illl.111 •11141 .10tI"t tor, ,.i .� tt.,,1 I i - 1 .• <br />volt of It,.tt • nt.l II, It: - <br />n,,,t ht Irl 1,% tit..) - 1) <br />11.. I <br />