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<br />I <br /> <br />88-"'102048 <br /> <br />NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree 3S follows: <br />. 19. AcceleratfODj Remedies. Lender shall Kin notice to Borrower prior to acceleration following Borrower's <br />breach 01 any co"enaDt or agreement In tbis Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />.uilIesa appiicablelaw provides otherwlle): De notice sball s~ify: (a) the defaultj (b) the action required to cure the <br />default; (c) a date, not less than 30 days from the date the notice is gil'en to Borrower, by which the default must be cured; <br />ud (d) that fallure to cure the default on or before the date specified In the notice may result in acceleration of the sums <br />secured by tIIis security loitnunent and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate afteraceeleration and the right to bring a court aetlon to assert the non.exlstence of a default or any other <br />defense of BorrowertoacceleratfoD and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at itsopti~ may ~uire immediite payment in full of aU sums secured by this Security Instrument without further <br />demand andmayiJi,oke the power of sale and any other remedies permitted by applicable law. Lender shall be en,itled to <br />collect'" u~ IncuiTediD punulng the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable aUonaeys' fees and c:osts of title e,ldence. <br />If tile power of sale is in,oked, Trustee shall record a notice of default in each county in which any part of the <br />Property is loeated mid shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons presc:ribed by applicable law:. After. the time required by applicable law, Trustee shall give public notice of <br />ale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels aDd in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public annoucement at the time and place of any previously scbeduled sale. Lender or its desi~ee may purchase the <br />Property at any ale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchuer Trustee's deed conveying the <br />Property. The recitals ill. the Trustee's deed shall. be prima facie evidence of the truth of the statements made therein. <br />TI'UItee sIWl apply the proceeds of the sale ill the fonowing order: (a) to all expenses of the sale. including, but not limited <br />to, Trustee'. fees as permitted by applicable law and reasonable attorneys' fees; (b). to all sums secured by this Secu~ity <br />Instrument; ud (c) uy eJ:c:ess to 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 receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents. including, but :lot <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums secured by <br />tbis Security Instrument. <br />11. Reeon,eyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shaD surrender this Security Instrument and aU 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 persons <br />. legally entitled to it. Such person or persons shall pay any recordation costs. <br />22. Sabstitate 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 ofthe Property. the successor trustee shall succeed to all the title, power and dutie5"conferred upon <br />Trustee herein and by applicable law. <br />23. Request for Nodces. Borrower requests that copies of the notices of default and sale be sent to Borrower's address <br />- which is the Property Address. Borrower further requests that copies of the notice of default and notice of sale be sent to each <br />person who is a party hereto at the address of such person set forth herein. <br />24. Riden to tbia Security Instrument. If one or more riders are executed by Borrower 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 the covenants and agreements of this Security Instrument as if the rider(s) were .a part of this Security <br />Instrument. [Check applicable boll.(cs)] <br /> <br />o Adjustable Rate Rider <br /> <br />o Graduated Payment Rider <br /> <br />o Otber(s) [specify] <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br />!..UJ~.....f:~"."h..............(SeaI) <br />Wil:rm E. Luehr -Borrower <br /> <br />:...C.L..I.-R.I:'..-.-...a...~.P...i..<L-................(seal) <br />Ellen ,). Lueh'?" -Borrower <br />STATE OF NEBRASKA......... m......... ... .J!~JJ...... ..i... .............. ...................COunty 88: <br />On tbia ........l.?llL........, day of _..n.l~p.~JJ............ 19...~.~.t before met the undersigned, a Notary Public <br />duly commissioned and qualified for said county. personally came .................................................................... <br />_..Jiu.U.~.m..K!...~H~~.L.~n~...~g~.~..J.:...1!!~h.~,...h~.~h!!~~...~!!~...~g~.t..................... to me known to be the <br />identical penon(s) whose name(s) are aubscribed to the foregoing instrument and acknowledged the execu- <br />:tioD. thereof to be ..........~...............................................!-.h~J.r........................ voIlmtary act and deed. <br />clalft ~=dY hand and notarial seal at ...........................9.r!JD.Q...X~l~n~..................._..... in said oounty, the <br /> <br /> <br />My~.......~: ~:':.-~.:A~~. ........~:.::.~<..~;..;,~e:.~........................ <br /> <br />.. c.aUil. Ott 11.1g~. .. <br />We t pporlUl:uty / Affinnative Action Employer M/F. <br /> <br />o Condominium Rider <br />o Planned Unit Development Rider <br /> <br />o 2-4 Family Rider <br /> <br /> <br /> <br />1..-- ..... ~ Une fOf Ac.IIO....dcmeotI <br /> <br />. ; <br />