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<br /> <br /> <br /> . 10380 <br /> 88 <br /> NONUNIFORM COVENAN-m. Bornnver and Lender further covenant and agree as follows: <br /> 19. Aceeieratiov4 Remedies. Len4w shall give notice to Borrower prior to acceleration folbwiing Borrower's R <br /> breach of any covenantor agreemut In thl's Security Iaatrasneat (bat not prior tat aceetarattos angler pawagraplis V and 27 <br /> unless applicable law provides odwrwistO.'Tbe notice shall specify: (a) the delkalt; (b) the action required to curt the <br /> default-, (c) a date, not lest than 30 days iftm the bate the notice its given to Borrower, by which the default tuts! lK care ; <br /> send (d) that failure to cure the default on or before the ate specified In the notice tray result In acceleration of the sums <br /> secured by that Security Instrument mud sale of the Property. The no&e shall further Inform Borrower of the right to <br /> reinstate after acceleration and the right to bring a court action to assert the son-existence of a default or any other. <br /> defense of Borrower to aa'Merstion and sale. If the default Is not cured on or before the date specified In the notice. Geoder <br /> at its option may require immediate payment in full of all sums secured by this Security Iastmumut without farther <br /> demand ar_d may invoke the power of sale and any other remedies permitted by applicable law. I,,ender shall be entitled to <br /> collect all expenses incurred in piatsulug the remedies provided in this paragraph 19, including, but not limited to <br /> reasonable attorneys' fees and costs of title evidence. <br /> If the porter of We 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 notice 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 dual give public notice of <br /> We to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower. shsll sell the <br /> Property at public auction tb the highest bidder at the time and place and under the terms designated in the notice of We in <br /> one or mode parcels and in any order Trustee determines. Trustee umy postpone We of all or any parcel of the Property by <br /> public announcement at the tine's and place of any previously scheduled We. Lender or its designee may purchase the <br /> Property at any 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 evidence of the truth of the statements made therein. <br /> Trustee shall apply the proceeds of the sale in the fi;!'.; sing 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. Lender ir, 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 Prop'-rty and collection of rents, including, but not <br /> limit,-d to, receiver's Pecs, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br /> this Security Instrument. <br /> 21. Reconveyance. 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 to 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 /> Trustet, herein and by applicable law. <br /> 23. Request for Notices. Borrower requests t;Yat copies of the notices of default and sale be sent to Borrower's ' <br /> address which is the Property Address. <br /> 24, riders to this Security Instrument. if t+r;r~ 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 box(es)) <br /> [ ] Adjustable Rate Rider Condominium Rider 2-4 Family Rider <br /> Graduated Payment Rider Planned Unit Development Rider <br /> ® Other(s) (specify) Acknowledgement <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 w'th it. <br /> .....r c mil) <br /> <br /> flonald M. Knuth "sw <br /> LGI...........(Seal) <br /> ~aVonne E. Kn_ith <br /> SY ATE OF NEBRASKA, Hall County ss: <br /> On this 11 day of July , 19 BBbefore me, the undersigned, a Notary Public <br /> duly commissioned and qualified for said county, personally came Donald M. Knuth and L vorinet <br /> E. Knuth, Husband and Wife , to meMwn to be the <br /> identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br /> thereof to be that r voluntary act and deed. <br /> Witness try hand and notarial I,cal at (•;t•,a'7d Island, Nebraska in said county, the <br /> date aforesaid, <br /> My Commilsi <br /> M ilAkxtklt !tJ~f f'4'1 . <br /> ~i "mm~Fgp t1oK'23 t99i REQUEST FOR RECONVIwYANCENotrry Public <br /> To TRUSTFie~ <br /> T'Ne undersigned is the colder of the mote or notes secured by this peed of Trust. Said rote or notes, together <br /> with all other indebtedness secured by this Deed of Trust, have bet-it paid in full. You are hereby directed to cancel said <br /> note or notes and this Deed of "trust, which are delivered hcr'eby, and to reconvcy, without warranty, all the estate <br /> now held by you under this Deed of Trust to the person or persons legaliy entitled thereto. <br /> Date: <br /> i <br />