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<br />NON,UNIFORM COVENANTS, Borrnwer and Lender further covenant and agree liS follows; 88- 102992 <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement In tbis Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless llpplicable law provides otherwise). The notice sball specify: (a) the default; (h) the action required to cure the <br />defaull; (c) a date, not less tban 30 days from the dale th2 notice is given to Borrower, by wbich the default must be cured; <br />and (d) that fallure to cure the default on or befor!.! the date specified In tbe notice may result in acceleration of the sums <br />secured by this Security IM1rument and sale of the Property. The notice shall further inform Borrower of the rigbt to <br />reinstate after acceleration Il1d the right to bring a court action to assert the non-existence of a default or any other <br />defense of Borrower to aeceleretlon and sale. If the default is not cured on or before the datc specified in the notice, Lender <br />a; its option may require immediate payment in full of all sums secured by this Secllrity Instrument without further <br />demand and may invoke tbe power of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred In pursuing ~he remedies provided In this paragrapb 19, indurllng, but 1I0t limited to, <br />reasonable attorneys' fll!es 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 />Pro pert)' is located and shall mail copies of such notice in the maImer prescribed by applicable law to Borrower and to Ihe <br />other persons prescribed by applicable law. After the time requircd by applicable law, Truslee shall give public notice of <br />sale 10 Ihe persons ond In thc manner prescribed by applicltble law. Trustee, without Demand on B()rrower, shall sell the <br />Property 01 public ailction to tht: highest bidder at the time and place and under the terms dcsignated in the notice of saie in <br />one or more parcel!> and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br />Upor. receipt of payment of Ibe price hid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Truslee's deed shall be prima facie evidence of Ihe Irulh of Ihe statements made therein. <br />Trustee ShllU apply the proceeds of tbe sale in Ihc following order: (a) to nil expenses of tbe sale, including, but not limited <br />to, Trustee's fees as permitted by applicable Ill'" and reasonable attorneys' fees; (h) to all sums secured by this Security <br />Instr-.;ment; and (e) any excess to Ihe person or persons legally entitled 10 il. <br />20. Lender in Possession. Upon acceleration undcr paragraph I Q or abandonmcnl of the Property Lender (in <br />person, by agent or by Judicially appoinled n~c"lVI:r) shall be enlitled 10 cntcr upon, lake possession of and managc the <br />Property and to collect the rents of Ihe Property Includlllg those past due, Any renls collected by Lender or the receiver <br />shall be applied fir;1 to paymenl of the cosls of management of the I>roperty and collection of rents, including, but not <br />hmlled (0, reCel\'er'S fees. premiums on receiver's bonds and rcasona!>le anorncys' fces. and then to [hc Sluns secured by <br />this Security Instrllmenl, <br /> <br />21. Reconveyance. Upon paymenl of all SIlI11S secured by thiS SeclIrlty Instrument, Lender shall request Trustee 10 <br />reconvey the Property and shall surrender thIS Secunty Instrumel1l and all notes eVIdencing debl secured by this Security <br />Instrumenlto Trustee, Trustce shall'recon\cy the Properly wllhout warranty and wilhout charge to the person or pcrsons <br />legally entitled 10 il. Such person or per;olls shall pay any recordaflon costs <br />22. Substitute Trustee. Lender, allts opllon, may from lime to \lme remove Trustee and appoint a successor trustee <br />to any Truslee appointed hcreundcr by an instrument rl'Corded In Ihe COUnly In which this Security Instrument is recorded, <br />Wilhou! conveyance oflhe Property, the successor IfUstee shall succ<:ed to allthe,ti!le. power and duties conferred upon <br />Trustee herein and by applicab]e law <br />23. Request for Nolices. Borrower requesls thaI COpIes of Ihe noflces of default and sale be sent (0 Borrower's <br />address which is the Property Address, <br />24. Riders to this Securlly Instrumcnl. If one or more rider; arc execuled by Borrower and recorded together with <br />thIS Security Inslrumcnt, the covcnants and agreements of each such nder shall be incorporated Into and shall amend and <br />supplement the covcnanlS 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 ... Condominium Rider 2-4 Family Rider <br /> <br />[::; Graduated Paymenl Ridcr = Planned Umt Development RIder <br /> <br />~ Other(s) [specify] ACKNOWLEDGEMENT OF POWER OF SALE <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms ilnd covenants contained in thisO:;\..'Curily <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br />...!J. ,fi '~J <br /> <br />,~"'~.,...,...,',.,.,"',...,.,..,.,.....,..,"""""""".,.",(Seal) <br />-Borrower <br /> <br />, ;J // <br />{, ,'-::'~, L;~:a.}?;d'a:.~ ?~1" <br /> <br />..,(Sea]) <br />-BorroWf'r <br /> <br />[Sp~ce Below Thi, Lme For Acknowledimenl) <br /> <br />STATB OF <br /> <br />NEBRASKA <br /> <br />COUNTY OF <br /> <br />HALL <br /> <br />} ss: <br /> <br />The foregoing in~:nllnent was acknowlcdlled beforp. me this, , ..~ ! 13,~ . PIn', ,C! f. .11~Y. ~ , ,1. ~~!'l. . , . , , , . , . . . .. .. . .. , . . .... <br />(date) <br /> <br /> <br />,f ,I <br />. , <br />" .'. " '.. <br /> <br />/ <br />-"f' I! I;/! <br />(, I- <br />Notary Plrblle <br /> <br />'" <br /> <br />'I ' <br />'.,~ <br />(I, i.', /, .,:.., ~ <br /> <br />by <br /> <br />My Comll1l\sion expires: <br /> <br />." <br />n' I JOAN L, IHLl.n1flACK <br />111 1l'!rllll1~n: WIll prc\larcd by ,...'".'.' ""'."...,,, <br />