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.,b <br />r <br />I <br />r <br />90--105607 <br />NoN•UNIt•nNM COVENANT S Borrower and Lender further covenant and agree as (ill low%: <br />19. Accelerstioai Rearedlrs. Lender shalt give notice to Burrower prior to acceleration following Borrower's <br />bremb of any covenant or agreleltleat in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />ualeas applicable law providee otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />defaulti (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 />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 nonexistence 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 is the entice. Lender <br />at Its option may require Immediate payment In fall of all sums secured by this Security Instrument without further <br />demand and may invoke the power of sate and may other remedks permitted by applicable law. Lender shall be nititled to <br />collect all expeasea iucrssed in pursol" the rents" provided in this paragraph 19, including: but not liaaited to, <br />reasonable attore eys' few and casts of title evidence. <br />If the power of sale is ilavio&* , Trustee shall record a notice of default In each county is which any part of the <br />Property is located and shall mall copies of im ch notim In the manner prescribed by applicable law to Borrower and to the <br />ether peraoaa prescribed by "Icable law. After the time required by applicable law, Tramm shall ptive public notice of <br />oak to the persons anti in the moaner prescribed by applicable law. Trustee, without demand an 1110rower, shall sell the <br />Property at public aacdon to the highest bidder at the time and Owe and under the terms deWgnated in the notice of sale in <br />one or more parcels and in nay order Trustee determines. Trustee may postpone sale of all or soy parcel of the Property by <br />pabpe as aouneemeat at the time and place of may Wevioudy scheduled sale. Lender or its designee may purchase the <br />Property at nay sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser 'Tru"ee's deed conveying the <br />Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceedo of the side in the fell owing 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; tb) to all smis secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession, 11pon acceleration under paragraph iQ or abandonrnenn of the Property, Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, tale possession of and manag; the <br />Property and to colleei the rents of the Property including those pact due. Any rents collected by Lender or the receiver <br />shall be applied first to poi ment of the costs of management of the Property and collection of rend,, including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the .vums secured by <br />this Security Instrument. <br />21. Resccnveyeace. Upon payment of all sums secured by iliac: Security Instrument, Lender shall request Trusl:•e to <br />reconvey the Property and shall surrender this Security 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 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 recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and dunes conferred upon <br />Trustee herein and by applicable law. <br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrnw•er's <br />address which is the Property Address. <br />24. itirc(ers to this Security Instrument. If tine or more riders are executed by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this. security Instrument as if the riders) were a part of this Security <br />instrument. (Check applicable box(es)) <br />❑ Adjustable Rate Rider [] Condominium Rider [] 2.4 Family Rider — <br />❑ Graduated Payment Rider 0 Planned Unit Development Rider <br />❑ Other(s) [specify] <br />BY SIGNING BELOW, Borrower accepts and agrees so the terms and coi,enaots contained an this Security <br />instrument and in any rider(s) executed by Borrower and recorded with it. <br />SrAVL ov NL•HkAskA, <br />m L. Epp <br />.... ..........................(Seal ) <br />—owmil a <br />'190 ...... ......... ......... <br />Sov <br />. Epp <br />Hell c ounl} .s: <br />On this 28th day of September , 1990 , brllllc roc, the undersigned, a Noaar% hultlit. <br />duly commissioned and qualified for said county, per%onalh canoe John L. Epp and Patricia A. Epp, each <br />in his end her calm right, and as spouse of each other Io life kIlitasll it) he file <br />identical person(s) whose name(%) are subscribed to the foregoing imirunfent artJl arAnit.atatilycol the execution <br />thereof to be heir Voluntar% act JGI1"! deed. <br />Witness my hand and notarial .cal at fa rand ISlasMd, Nebraska .0 .did file <br />date aforesaid. 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