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, n I I I i I i I U i 88- 100547 NON, UNIFORM COVENANTS Borrower and Lender further covenant and agree as follows: 19, Accelerallon; Remedies. Lender shill give nolice to BOrTower prior to acceleratlon following Borrower's breach of any covenant or agreement In this Security Instrument (but noi prior to accelerallon under paragraphs t3 llnd 17 unless applicable law provides otllerwlse). The notice sllall specify: (a) the default; (b) the IIcllon required to cure the default; (cl a dllte, not less thin 30 days from the date the notice Is gtven to Borrower, by which the default must be cured: and (dl that failure to cure the default on or before the date specified In the netlee may result In acceleration of the sums secured by this Security Instrument IInd sale of the Property. The notice shall further Inform Borrower of the right to reinstate after acceleraUoD and the right to brlnll a court action to usert the non-exlstence of a default or any other defense of Borrower to acceleration and sale. If the default Is not cured on or before the dllte specified In the notice, Lender at IIg option may reqlllre Immediate payment In full of all sums secured by this Security Instrument without furtller demand and may Invoke the power of SIlle and any other remedies permitted by applicable law, Leeder shall be entitled to collect all expenses Incurred In pUBulDll the remedies provided In this paragraph 19, Including, but not IImlled to, reasonable attorney's fffS and costs of tlUe evidence. If the power of sale Is Invobd, Trustee shall record a notice of default In each county In whicb Rny part of the Property Is located and shall mall copies of such notice In the manner prescribed by appllcllble law to Borrower and to the other penons prescribed by applicable law. After the time required by applicable IIIW, Trustee shall give public notice of sale to the persons and In the manneI' prescribed by applicable law. Trustee, wllhont demlnd on Borrower, shall sell the Property It public auction to tille highest bidder at the time IInd plllce and under the terms dnlgnated In the notice of Sllle In one or more pllrcels and In any order Trust,,;.! determines. Trustee mllY postpone sale of 1111 or IIny parcel of the Property by publh: IInnouncement at the time and plllce of any previously scheduled sale. Lender or Its designee may purchase tile Property lit any salt. Upon fKelpt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements mllde therein. Trustee shall IIpply the proceeds of the sllle In the following order: (a) to all expenses of the sllle, Includlnll, but !lot limited to, Trustee's fees 115 permitted by applicable IlIw IInd reasonllble attorney's fees: (hI to all sums secured by this Security Instrument; IInd (c) IIny excess to the penon or penons legally entitled to II. 20, Lender In Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents. including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Security Instrument, 21, ReconveYlll'lce. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Propeny and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22, Substitute Trustee, Lender. at its option. ~ay from time ta time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title. power and duties conferred upon Trustee herein and by applicable law. 23, Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Propeny Address. 24. Riden to tbb Security IliItrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. (Check applicable box(es)) fI Adjustable Rate Rider o Oraduated Payment Rider o Other(s) (specify) o Condominium Rider 0 2-4 Family Rider o Planned Unit Development Rider (Seal) r:f::{ J:#-4' (Seal) il<onoo<o,- -Il<orroooo (Sea I) (Seal) Ilonuo<, - -Ilorroofl ISpaa 8d~ This UM For Ackno.kd.annmll STATE OF NEBRASKA } 55: COUNTY OF HALL I. . a Notary Public in and for said county and state, do hereby cenify that , personally appeared of the contents of the foregoing free and voluntary act and ~ J THE UNDERSIGNED BMJRAM\o .ill ~d\NPo~~ ~ ~m>~Ch~~" ~ ~nformed instrument, have necuted same, and acknowledged said instrument to be THEIR Cbis. ha. tht-1u deed and that THEY executed said instrument for the purposes and uses therein set fonh. (bt:. shr. Ihq-l Witness my hand and official seal this 28TH day of JANUARY . 1988 ~:., "....m':' :~~:~~~~~___-~ ~~~/ ~_.~.._~.~ ,~." ....