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r F" t f ! r l I 88-10161V NON.UNIFORM COVENANTS. Borrower and Lcnder further covenant and agree as follows: 19, Acceleration; Remedies. Lender shall give notice to Borrower prior to aceelerutlon following Borrower's breach of any covenant or agreement ill this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (e) a date, not less than 30 days from the date the notice is given to Borrower, by ,,'hich the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in ac;:eleration of the sums secured by this Security Instrument and sale of the Property. The n!)tice shall further inform Borrower of the right to reinstate after acceltration and the right to bring a court action to assert the non.existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at Its ollllon may require immediate payment in full of all sums secured by this SecYrity Instrument without further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expl'nses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee sball record a notice of defauit in each county in which any part of the Propert)' is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persollli prescribed by applicable law, After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable la\\'. Trustee, without demand on Borrower, shall sell the Property at publir auction to the highest bidd('r at the time and ltlaee and under the terms designated in the notice of sale in one or more parcels 2nd in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by Jlublic announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed convc}'ing the Property. The recitals in the Trustee's deed shall be prima facie evident;:e of the truth (If the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, Trustce's fees as permitted b)' applicable law and reasonable attorneys' fees: (b) to all sums secured by this Security Instrument; and (e) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph jq (Or abandonment of Ihe Property. Lender (in person. by agent or by judicially appointed receiver) shall be entitied to enlcr upon. lake possesslon of and manage the Property and to collect the rents of the Property including those pasl duc. Any rents collected by Lender or the receiver shall be applied first 10 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 allorney~' fec~. and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument. Lendcr shall request Trustee to reconvey tbe Property and shall surrender this Secunty Instrumcnt and ali notes evidenl'ing debt secured by this Security Instrument to Trustee. Trustee shall'reconvey the Property wlthou! warraniy .1Ild witbl'ut Lh:uge 10 the person or persons legally entitled to It. Such person or persons shall pay any recordatIon costs. 22. Substitute Trustee. Lender, at its option, may from time to lime remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in rhe county In whIch thiS Secuflty Instrument is recorded. Without conveyance of the Property. the successor truslee shall succeed to all the.title. power and dutIes conferrcd 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 Property Address. 24. Riders to this Security Instrument. If one OT mOTe riders are clIccuted by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporaled Illto 8p.d shall amend and supplement the covenants and agreements of this Security Instrument as If the nder(s) wcre a part of this Security Instrument. [Check applicable bm(es)] ! j Adjustable Rate Rider Condommium RIder = 2-4 Family Rider C Graduated Payment Rider Planned Unit Development Ridcr fX) Other(s) Ispeclfy] ACKNOW1~EDGEMENT OF POl,offiR OF SALE BY SIGr-:ING BEl.o...... Borrower accepts and agrees to the tenns and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. (c...~.~.~~<{:1JJl....01.~~.~4......(seal) -Borrower -t..C~~,:...;h..:....~(seal) ~aO'-rower I Spac.. 8..10.. thIS l,n.. For Ackn"...I..cg_nt] STATE OF NEBRASKA . a . . . ~ .. .. . . . . + .. . .. .. . .. .. .. .. .. .. .. .. . .. _ .. . .. } SS: COUN1Y OF ....~.I,........................ The foregoing instrument was acknowlAd~ed her h' 25th day of March. 1988 - ore me tiS. . .. ...... .. .. . .. . . .. ..............................,.... (date) by AND ARDANNA M. MOR THOLE . ........................ ~ . . . . . . . . . . . . . . . . -........ .~..~ ,...., ........................ (person(s) acknowledging) -\ ;('2 /) "J ,~, j.>/-~ 'I . L ! /\ --// '" , ,~;f- el 0 j~/ ; /I:~ /Jll:~,:-, NOlan Pu!,J" nIb innrulnt'rll WQI l>!('f.n'l"d h)' .'.(~I.IJl. .!.... .I.>.I.J. ~~}!l.}:'l.(:~.. ..,. '.... .... ........ ..... ..7.....