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r <br />�9 <br />-- 10446 <br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall Aire 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 default; (b) the action required to cure the <br />detmit; (c) a date, not lag than 30 days from the date the Mire is Siren to Borrower, by which the default most be cured; <br />and (d) that fallare to care the default on or before the date spelcifted to the notice may remit to acceleration of the sates <br />secured by this Security Instrument and sale of the Property. The notice :hall fwtber inform Borrower of the right to <br />etastate after weekradom mW the right to brim a cam action to Start the am- existence of a default or gar other <br />defbrate of Borrower to acceletstioa gad sale. It the default is not cued on or before the date specified In the notim tender <br />at Its option may Munro itSmeiiate payment in NU of s11 atlas secured by thh Security Instrument without fortber <br />demand Said may Invoke the power of ale and any other remedies permitted by applicable law. Leader shall be entitled to <br />called all expeneee Incurred in pursing the remedies provided in this paregrao 19, Including; but not limited to, <br />essamble attorneys' fees and cosh of title evidence. <br />It the power of sale Is isvoked, Trades sball record a notice of default, in each county In which any part of the <br />Property is located and shall mall copies of nth notice in the mummer pre scribed by applicable law to Borrower and to the <br />other persons prean bed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to the persons and in the manner prescribed by applicable law. Tratee, 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 ale in <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid. Trustee shall deliver to the purchaser Trustee . deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made tbemin. <br />Trustee shall apply the proceeds of the sale In the following order. (a) to all expenses of the sale, including, but not Iftted <br />to, Tratee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to nrll sums secured by this Sttudty <br />Inutrumemt; and (c) any excess to the person or persons legally entitled to it. <br />20. Leader to Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and mana&� . -tl`ie <br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiier <br />shall be applied first to payment of the costs of management cif the Property and collection of rents, including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and .r=sonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />2L Recpstveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee 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. Substitdte Trustee. Lender, at its option, may from tirmtto time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by ati instrument recorded in tbecounty in which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shalt sicceed to all the title, power and duties 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 sertt to Borrower's <br />address which is the Property Address. <br />24. Riidemto this Security Insbvmest. If one or more riders are executed by Borrower and recorded together with <br />this Security Instuuatent, the covenants and agreements of each such rider shall be incorpetrated into and shall amend and <br />•supplement the covermts-acrd agreements of this Security Instrument as if the riders) were a part of this Security <br />'Instrument. (Check applicable box(es)) 4; <br />❑ Adjustable Rate Rider ❑ Condominium Rider [l Z-4. Family Rider <br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider <br />❑ Other(s) [specify] <br />BY SIGN''I:'Qt3 BELOW. Borrower accepts and agrees to: the terms and covenants contained i'n: this Security t� <br />Instrument and nit any rider(s) executed by Borrower and recorded with it. <br />................... ................................. ............................... r... ... . <br />.... .. � . �2,Gs►7„ � . ...........(Seal) <br />Dais M. ( Jensen - 4kf'oww <br />......................................................... ............................... ..(.vt7 ....................... Seal <br />...... ........ .. ... <br />Kermit ion eo►r�:. <br />STATE OF NEBRASKA, Hall County ss: <br />On this 2nd day of August , 19 89, before me. the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personally came Daisy M. Jensen and Kermit Jensen, <br />each in her and his own right, and as spouse of each other . to me known to be the <br />identical person(s) whose name(s) a:e subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be their voluntary act and deed. <br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the s <br />date aforesaid. <br />/t- f —f <br />My c . <br />REQUEST FOR RE:CONVI• YANG `• r,'• t„f,h <br />To TRUSILL- <br />The undersigned is the holder sit the nruc m notes %ccutrd b% tht. herd (it tuuh Said ntvc or iwic,, topohi-t <br />with all other indebtedness tics tired by this heed of l rtist, hate bl•l'tl p.Ild rrr lull Yt*rt err hcrcbc tiircctrd t„t an.el %.uLi <br />note or nt,tcs and this I)rcd to bust. %%11101 arc deh�eted itc•rch%. and II. tcoImc%. k%ithotit %%arr.tnrt• tl h, ­1 <br />nwA helot by sou untie[ thr. I)cctl of 1 ttt.t W the rers,Vn (It rot ,•n+ Icrt,tlls cnrntlr,l 010n01, <br />1_ <br />hale <br />