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<br /> <br /> <br /> <br /> 103856 <br /> <br /> woN-UN1FOCtM COVENA Nt'S.13orrewer mW Xnshr further covenant and agree as follows: <br /> i4. Acceleration; Remedies. Lender slasl[i give notice to Borrower prior to a mleration foitow{sp Borrower's <br /> breach of any covenaaat or atp+teanent in this security Itaattrumetat (be! not prior to oaaeieration under paragraphs 13 and 17 <br /> uur m applicable law provides otherwise). *Dw notice tdtall spaxify: (at) the defa<uit; (hYthe action required to Cure the <br /> defaults (c) tt 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 oa or before the date specified in the notice may resnlt in aerowerof of of the same <br /> sectored by this Security laasis ORMt and sale of the )Property. The outice shall further inform Borrower flee rift to <br /> reinstate after becel-Ttfa n toad the tight to bring a court action to ausert the non-existence of a default or any other <br /> defense of Borrower to =Acrstion stud $tele. If the default Is not coaxed on or before the date SP"ifled in the notice. Lender <br /> at its option may require is medlate payment to fall of all saunas secured by this Security Instrument without further <br /> demand and may invoke the power of sale and Buy other remedies Mmitted by applicable law. Leander shall be entitled to <br /> collect all expenses incurred in ptarsuing tEM remedies provided in this paragraph 19, Including, but not limited to. <br /> reasonable attorneys' fees and costs of title evidence. of the <br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which tray part <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 pzrsorvs prescribed by applicable law. After the time required by applicable taw. Trustee shall give public notice of <br /> We to the persons and tr. the manner prescribed by spPlkable law. Trustee. without demand oat Borrower, shall hell the <br /> Property at public nuction to the highest bidder at the time and place red under the terms designated its the notice of stele In <br /> one or more parcels and in any order Trustee delet'a.10". Trtastee may Postpone We of all or any parcel of the Property by <br /> public announcement at the tune! and plaice of any prevlimly scheduled sale. Lender or Its designee may purchast• the <br /> Property at any sale. <br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conrcying the <br /> Property. TFe recitals in the Trustee's deed shall be primal 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 taw and reasonable attorncys' fees; (b) to all sums secured by this Security <br /> Instrument; and (c) any excess to ae person or persons legally entitled to it. <br /> 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (its <br /> person, by agent or by judicially appointed receiver) shall be entitled to utter 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, includinf, but not <br /> limited to, receiver's fees, premiums on receiver's bands and reasonable attorneys' fees, and then to the surfs secured by <br /> this Security Instrument. <br /> 21. Reconveya riM Upon payment of all sums secured by this Security Instrument. Lender shall request Trtastee to <br /> rcccnvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br /> Instrument to Trust;.. Trustee shalt reconvey the Property without warranty and without charge to the person or persons <br /> legally t'*;titicd to it. Such person or persons shal! 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 hereL.nder by an instrument recorded in the county in which this Security Instrument is recorded. <br /> Without conveyance of the Property. the successor trustee shawl succeed to all the title, power and duties conferred upon <br /> Truster 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 <br /> address which is the Property Address. <br /> 24. Rider, to this S'eeurity Instrument. Ifbne or sore'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 Instrutrvrrtt as if th- rider(s) were a part of this Security <br /> Instrument. [Check applicable box(es)] <br /> djustable Rate Rider Q Condominium Rider ❑ 2-4 Family Rider <br /> Adjustable. <br /> Graduated Payment Rider Planned Unit Development Rider <br /> Other(s) [specify] Acknowledgment <br /> By SIGNING BELOW, Borrower accepts and agrees to the terms and covetants contained in this Security <br /> Instrument and in any rider(s) executed by Borrower and recorded with it. pp <br /> Ua.r 1 L Lowry ................(Seal) <br /> A-1 <br /> STATE of NEBRAS!.%. Hall County s5_ <br /> aY <br /> On this 1 5th day of July , 19 Btj before me, the undersigned, a Notary Public <br /> duty commissioned and qualified for said county, personally came Virgil L. Lowry and Juanita W. <br /> Loutry, • Husband and.-Wif-e . to me known to be the <br /> identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br /> thereof to be their voluntary act and deed. <br /> Witness my hand and notarial seal at Grand Island, Nebraska in said county, t!,e <br /> date aforesaid. <br /> My Co <br /> raaa{tt111 nMaut $101061M .~nIay • . <br /> vnLLLALM L Mc LELLAN Notan Public <br /> W Caaaau. fsR #At 12. t EQUEST FOR RECONVEYANCE <br /> To TRUSTEE: <br /> The undersigned is the holder of the note or notes secured by this Decd of Trust. Said note or notes, together <br /> with all Other indebtedness secured by this Deed of Trust. have been p--A in full. You are hereby directed to cancel said <br /> note cr notes and this Deed of Trust. which are delivered hereby, and to reconrey, without warranty, all. the estate <br /> now held by you under this Deed of Trust to the person or persons legally entitled thereto. <br /> Date: <br /> r <br /> a <br />