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<br />I <br /> <br />88- <br /> <br />101614 <br /> <br />r <br /> <br />NON.UNtFORM COVENANTS. Borrower and Lender further covcnant and agrce as follows: <br />19. Acceleration; Remedies, Lender shall g.lve notice to Borrower prior to aceeleratlon following Borrower's <br />breach of any (ovenant 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 />default; (e) a date, not less than 30 days from the date tbe noUce is given to Borrower, by which the default must be cured; <br />and (dl thal failure to cure the default on or before the date specified in the notice may result in aeceleratlon 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 non-existent:e 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 />demand and may Invoke the po....er of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses IncurTed 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 powcr of sale ill Invoked, Trustee shall re~ord 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 law to Borrower and to the <br />other persons 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 manner prescribed by applicable law. Trustee. without demand on Borrower, shaill sell the <br />Property at public auction to the highest bld"er at the time and plaee and under the terms designated in the notice of sale in <br />ontl or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public nnnouneement at the time and place of any previously seheduled sale. Lender or its designee may purchase the <br />PrGperty at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth af the statements made therein. <br />Trustee shall apply the proceeds of the sale in tbe following 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; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the perlion or persons legally entitled to It. <br />20. Lender in P.ossession. Upon acceleration under par~graph 19 or abandonment of the Property. Lcnder (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage lhe <br />Property and to collect the rents of the Property including those past Que. Any rents collected by Lendcr or the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, indudlllg. but not <br />limited to, receiver's fees, premiums 0n receiver's bonds and reasonable attorneys' fees. and then to Ihe sums secllfed by <br />this Security Instrument. <br />21. Reconveyance. Upon paymenl of all sums secured by this Security Instrument, Lender shall rcqucst Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured hy 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 hefeunder 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 duties conferred upon <br />Trustee herein and by applicable la.w. <br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Addre~s. <br />24. Rldcrs to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security In~trument, 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 rider(s) were a part of this Security <br />instrument. [Check applicable box(es)J <br />o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider <br /> <br />o Graduated Payment Rider <br /> <br />o Planned Unit Development Rider <br /> <br />o Other(s) [specify] Acknowledgment <br /> <br />By SIGNING BELOW. Borrower accepts and agree<; to thc terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br /> <br />.~...~....'~~d:::""""h.(Seal) <br />Bet te A _ Brown -Borrowe, <br /> <br />....... ..... ..... ............(Sca.l) <br />-Borrower <br /> <br />STATE OF NEBRASKA. <br /> <br />Hall <br /> <br />County ss: <br /> <br />On this 24 th day of ft]arch . 19 88, before me, the undersigned, a Notary Public <br />duly .:ommissioned and qualified f Of said county, personally came Bet te A - Brown. a sing Ie <br />person--------------------------------------------------------- ,10 me known 10 be Ihe <br />identical person(s) whose name(s) afe subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be her voluntary act and deed. <br />Witness my hand and notarial seal ,,! Grand Island. Nebraska in said cOUllly, Ihe <br />dale aforesaid. <br /> <br />L <br /> <br /> <br />.. Llt.k~. .(L.~.~-/. <br /> <br />Nol." l'ubl1, <br />REQUEST FOR RECONVEYANCE - <br /> <br />To Tli.llSTtE <br /> <br />The 1I1Hlersigncd is the holdef of lhe noll' 01 notes secured by [1m Deed of rrll~l. Said notl' l)1 IHHl'l, tHgl'IIll'1 <br />wilh ltll olher indcbtedllcs~ sCl:urcd b)' this Deed of Trust, ha\'e been p;\id ill full. YOII arc herdn dlfednJ Il' ,'ann'l ';"0 <br />noll'1II Ilnll"\ and lhi\ Deed of Tru~I, "hich ale deli\'ered hereby. and 10 1,','011\"\. \\lIh'HII \\;\11;\1\1\. ;t1llhe <'\Iatl' <br />no" held h) )'011 undl"1 Ihl\ Deed of rrll~t to the per~()n or per\IlIl' lc!tall~ c:nlukd !h"lt'll' <br /> <br />!l.lll" <br />