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<br />88-
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<br />I
<br />101796
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<br />NON.UNlfORM COVENANTS, Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covellant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applil:able law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />defaullj (c) a date, not less than 30 days from the date tbe 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 acceleraHon of the sums
<br />secured by this Securit)' Instntment and sale of the Property. The notice sball further inform Borrower of tbe right to
<br />reinstate after acceleration and the right to bring 8 court action to assert th\: non-existence 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 power of sale and any othe. remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred 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 power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mail copies of such notic!:! in the manner prescribed by applicable law to Borrower and to the
<br />other ~rsons prescribed by applicable law. After the time required by applicable law. Trustee shall give public notice of
<br />sale to the persons and ill the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell tbe
<br />Property at public auctiO~1 to the higbest bidder at the time and place and under the terms designated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel flf the Property by
<br />public announcement at the time and place of any previously scbeduled sale. Lender or its designee may purchase the
<br />Property at a,ny 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 e\'idence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses or tbe sale. including. but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonllble attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleralion under paragraph 19 or abandonmcnt of the Property, Lender (in
<br />person, by agent or by jUdicially appointed receiver) shall be entitled to enter upon, take possession of and managc the
<br />Property and lo collect tbe.rents of the Property including lhosc past due. Any rents collccled by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not
<br />limited to. receiver's fees, premiums on receiver's bonds and reasonable allorneys' fees, and then to the sums secured by
<br />ihis Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lcnder shall request Trustee to
<br />reconvey lhe Property and shall surrender this Security Instrumcnt 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 pcrsons
<br />legally entitled to it. Such person or persons shall pay any recorda lion 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 lhis Security Instrument is recorded.
<br />Without conveyance .of the Property. the successor lrustee shall succeed lo alllhe'litle. power and duties confe'rred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borrower requests tbat copies of the nOlices of default and sale be sent to Borrower's
<br />address which is the Property Address,
<br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and :Igreements of each such rider shall be incorporated into and shall amend and
<br />supplement tbe c0\'enants and agreements of this Security Inslrument as if the rider(s) wcre a parl of this Securily
<br />Instrument. [Check applicable box(es)]
<br />o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider
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<br />o Graduated Payment Rider 0 Planned Unit Development Rider
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<br />tQg Other(s) [specify] Acknowledgement of Power of Sale
<br />Request for Copy of Notice of Default and Notice of Sale
<br />BY SrGNING BELOW. Borrower accepts and agrees to the terms and covenanls contained in this Securily
<br />In"mn..n'ond In any rid,,(,) meutal by Bu,",w" and ''''2~(''''h<<J...~'h'h.(S,,1)
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<br />
<br />~ . -Bo,rower
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<br />, .. ..(.1A<:~.~~nS~<:).....(seal)
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<br />{;' I -Borrower
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<br />ISpKe Below This Une Fllf Acknowledgment I
<br />
<br />SlATB OF
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<br />Nebraska
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<br />.. ~.~~~................ ......... } Ss:
<br />
<br />......."................, ..............
<br />
<br />COUNTY OF
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<br />The foregoing instnlmcnt was acknowledged before me this Ha rcll 31. 1988
<br />~ .., .......... .....'Of ................ ......... .... ...................
<br />
<br />, Wa~
<br />by .~~g'V~A .l,...\(qt<..i.l.I~RIJ;..~IJ;~..~~~~~.~ .!<,... ~~lkinson, as husband and wife
<br />. . ........ ~..... ."....... .oo........... ........ .... .........,...............
<br />(person(s) acknowledging)
<br />
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<br />(Ir .~,/., \. >";\. /,' '
<br />..". "'~:r,/6.I.:).;c'''''1 .L~/~,'< J)/,t, ?,),':.I~f.,'... ~~}
<br />.7 No ary Public
<br />..... :rbJs Ip~~;'1I was.prepared by"......"...
<br />.-..., ".. ft.A. ..............."...."..,.,.,.,..." "'" ,.,."" .,......,..,......,
<br />
<br />
<br />/~~(~ crlt'.I~' ifb1'1LLf'L
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<br />My Commission expires:
<br />,(lee. <2fl /(I<)L~
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