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<br />,- <br /> <br />88_101948 <br /> <br />we <br /> <br />NON. UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall give notice to &rrower prior to acceleration following Borrower's <br />breach of any covenllDt or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise), The notice sball specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failure to cure the default on or before tbe date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument IlDd sale of the Property. The notice sball furtber inform Borrower of the right to <br />reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other <br />defe~ of Borrower to acceleration and sale. If the default is Dot cured 00 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 limY inyoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred in pursuing the remedies provided in this paragrapb 19, including, but not limited to, <br />reasonable attorneys' fees and costs of tide evidence. <br />If the power of sale is inyoked, Trustee shall record a notice of default in eacb 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 b)' applicable law, Trustee shall give public notice of <br />sale to tbe persons and in tb~ manner prescribed by applicable law, Trustee, without demand on .Borrower, shaH sell tbe <br />Propeny at public auction to the highest bidder at the time and place and under tbe 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 an)' parcel of the Propert)' by <br />public announcement at the time and place of an)' 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 sball deliver to the purchaser Trustee's deed conveying the <br />Property. Tbe recitals in the Trustee's deed shall be prima facie evidence 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 of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonabie attorneys' fees; (b) to all sums secured by this Securi~' <br />Instrument; aad (c) any excess tll the person or persons legally entitled to it. <br />20. Lender in 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 manage the <br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the recliver <br />sball 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 attorneys' fees. and then to the sums secured by <br />this Security Instrument. <br />21. ReconYeyaace. Upon payment of all sums secured by this Security Instrument, Lender shall request Tru$tee 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 Propeny 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 />n. 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 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 law. <br />23. Requen for Notices. Borrower requests that copies of the notices .of default and sale be sent to Borrower's <br />address which is the Property, Ad.dress. Borrower further requests that COplCS 01 tile notlceS 01 t1E:liiu1t ano SUh <br />tx: sent. t.c.~ch Pc.rS,~ 15. a .partv h.;teto at the address 01 such p~rs.Qn set J.orth hcr~lO. . <br />a. moers to UllS tY lDS1I'1UDtIlt. 11 one or more nders are executea by Horrower and recorded together With <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />. supplement tht covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)] <br />o Adjustable Rate Rider <br /> <br />o Graduated Payment Rider <br /> <br />o Otber(s) [specify] <br /> <br />o Condominium Rider <br />o Planned Unit Development Rider <br /> <br />o 2-4 Family Rider <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to thl: terms and covenants contained in this Security <br />~ Instrument and in any rider(s) executed by Borrower and reco~_ ~th.:t......fl!<~~:..:..=..................(SeaI) <br /> <br />~-::::::... -Borrower <br />Eug~n. ~. TIoops , <br /> <br />~,.,.......&zr:YL" . ... ~~.......................~~~.:~~ <br /> <br />:;esle lloops . <br />ISpace Below This L.inI! For AI:knowledllment) <br /> <br />State of: Nebraska <br />County of: Hall <br /> <br />~ss: <br /> <br />On this <br /> <br />of Nebraska <br />hu~band and ,wife <br />in and who executad <br />the .ame .. _utjleir <br />My ~laa a;u.. <br /> <br />15th <br /> <br />day of April . 19 QS , before me, a Notary Public in the State <br />. personally appeared Eugene E. Hoops and Nes)e 'loops, <br />. to me personally known to be the person(s) named <br />the,foregolnG inltrument, and acknowledged that they executed <br />voluntary act aDd deed. -L'J I /.?J ,J/ <br />/l~ Nt" _ L.L. .Q:Lt.tl.P/}') ~--- <br />ImMrl. PUBUC <br /> <br />I '--r::--I <br />:... ..=-IL~iij:" <br /> <br />r. J " <br />