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<br />88- 102743 <br /> <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Aa:elerati9n; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach ofany covenant or agreement in this Security Instrument (but R'Jt prior to acceleration under paragraphs 13 and 17 <br />unIe$S applicable law provides otherwise), The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not less than 30 days frora the date the notice is given to Borrower, by which the default must bc cured; <br />and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration 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 r.ght to bring a court action to mert the 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 poW'er 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 paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale Is Inyoked, Trustee shall record a notice of default In each county In which any part of the <br />Property Is located and sball mail copies of such nlltice 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, 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 and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />pub:lc announcement at the time and place of any preylously scheduled sale. Lender or its designee may purchaso! the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliyer to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima fade 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 reasonable 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. Lendllr 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 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. Reconyeyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee 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 Property without warranty and without charge tn 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 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. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address <br />which is the Property Address. Borrower funher 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. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security Instrumcnt, 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)) <br /> <br />o Adjustable Rate Rider <br />o Graduated Payment Rider <br />o Other(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 the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br />~.L/~~O <br />.............................,.....,.................................................... (Seal) <br />Paul D. Leetch -Borrower <br /> <br />.:;~r)0.C0..(D....'diU,-rW...........(Seal) <br />Joanna M. Leetch -Borrower <br />STATE OF NEBRASKA................____.._..Hal~...._...........______.._.______._.._......._.County 88: <br />On this _......._.......}.~.~.~.. day of _......~!:_..____.___..._. 19...~_~_. before me. the undersigned. a Notary Public <br />duly commissioned and qualified for said county, personally came .............______.........................____._....._............ <br />_F.aul__))_....L~~t..~b..:Q.n9...Jg.~nn~...~.....1_E;!_~!;!<h.,...h~~J?.~TI!Lj!n!!..~U~_I...___................. to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and aclmowledged the execu- <br />tion thereof to be .....................___.___....__...___..!;h.E;!_;!."!;...___.____.__......___........________ voluntary act and deed. <br />Witness my hand and notarial seal at .__...__......<?.:_~~~_._~~~~~_?:......_._..........__....._.._.___.__ in said county, the <br />date aforesaid. <br /> <br />__.._...____L~:___.sd!.0~~:..._____..________.... <br />NolaIy PublIc <br /> <br />My Commission expires: <br />liimv-slalt 01 ~cIlliiS\.. <br />~ONN'e s. BA1 ~ <br />Otl tt, <br /> <br /> <br />ent Opportunity/Affirmative Action Employer M/F. <br /> <br />(Spa. Bolow This Uno For AcIlnowlodcment] <br />