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<br />103896
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<br />Nor-.,l) NIFORM COVEN....NTS Borro81'= Lender further covenanl and agree as follows:
<br />19. Acceleration; Remedies. Lender shall llive notice to Borrower prior to acceleration following Borrower'~
<br />breach of any connant or agreement In this Security Instrument (but not prior to acceleration under pararraphs 13 and 17
<br />uu1_ applicable law provides otherwise). TIle notice shall specify: (a) the default; (b) the action required to cure the
<br />default; (c) a date, not leu than 30 days from the date tbe notice Is lliven to Borrower, by which the default must be cured;
<br />and (d) that falhlre to care the default on or before tbe date specifted in the notice may result In acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. TIle notice shall further Inform Borrower of the right to
<br />relutate after acceleration end the right to bring a court action to BSSert the non-exlstence of a default or any other
<br />defen.. of Borrower to acceleration IiJId sale. If the default is not cured on or before the date specified in the notice. Lender
<br />at ilt option may reqalre Immediete payment in full of all sums secured by this Security Instrument without further
<br />c1emaad and may Invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all upenses incurred in pursuing the remedies provided In this parallRPh 19, including; but not limited to,
<br />reuonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Tl'IIStee shall record a notice of default In each county in which any part of the
<br />Property Is located and shall mall copies of luch 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 shall llive public notIce of
<br />sale10 the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at puhllc 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 />pablic announcement at the time and place of any previously scheduled sale. 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 />TMlltee 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 .pplicable law and reasonable attorneys' fees: (h) to all sums secured by tbis Srcurity
<br />Instrument; and (c) any UCC5S to tbe person or penoll5 legally entitled to it.
<br />20. Lender In Possession. Upon acceleral10n under paragraph 19 or abandonmenl of [he Property. Lender (III
<br />person. by agent or by JudiCially appomled recelvcrj shall be entitled 10 enter upon. take possession of and manage the
<br />Property and to collect [he rents of Ihe Property mcluding Ihosc past due, Any renls collecled by Lender or the recel\'er
<br />shall be applied first 10 paymcnt of the coslS of management of the Property and collection of rents. includlllg. bur nn[
<br />limned 10. recel,'er's feo. premIums on recelver's bonds and reasonable anomey' fees. and then 10 t he sums secured by
<br />this Seeurily Inslrument.
<br />21. Reconve)'ance. Upon payment of all sums secured by Ih.s Seeunty Instrument. Lender shall request Truslec: tn
<br />reconvey the Property and shall surrender Ihis Seeurity Inslrument and all notes eVIdenCing debt secured by 11m Secunty
<br />Instrumenlto Truslee, Trustee shall reconvey the Prop<!rty WlthOUI warranty and withoul charge to the person or l'er"JDS
<br />legally entitled 10 It. Such person nr persons shall pay any recordalion coslS.
<br />22. Subltltute TrIISl'ee. Lendcr. allts optIOn. may from lime to lime rcmove Truslee and appoint a successor Irustee
<br />to any Trustee appomted hereunder by anlnSlrument recorded m Ihe eounly in which this Seeunl)' [nsl rumenl" recorded
<br />Without conveyaocc of thc Property. the successor trustee .hall succeed 10 all the title, power and dUIICs confcrred upnn
<br />Trustee herein and by appltable law
<br />23. RelI.... fOlt Notices. Borrower requests lhat COpIes of Ihe notIces of defauh and sale be \enl to Borrower's
<br />address which is the Property Address,
<br />U. Riden to tills Security Instrument. If one or more nders are executed by Borrower and recorded together wllh
<br />thi. Security Instrument. the covenanb and agreements of each such rider shall be incorporaled mto and shall amend and
<br />supplement the covenanls and agreemenls of [hiS Seeumy Instrumenl /IS if Ihe ndcr(s) were a part of thIS Seeurity
<br />Instrument, [Check applicable bol(6)]
<br />o Adjuslable Rate R,der = CondominIUm Rider := 2-4 Fam"y R,der
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<br />o Graduated Payment RIder
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<br />= Planned Unit Development Rider
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<br />o Other(s) [specIfy]
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<br />BY SIGNING BELOW, Borrower accepls and agrees 10 Ih< lerms and cO\'cnanlS conlalned
<br />Instrument and In any nder(s) elet uted by Borrower an~, ",th It _ _.
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<br />q,~O:JJ~~fr~tt
<br />T. A. pr~lJlJ:'-'"''''''
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<br />m th.. Seeurily
<br />
<br />.......(Seal)
<br />-Borrower
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<br />, ,.(Seal)
<br />-80..-e.
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<br />STAn OF NEBRASKA.
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<br />Hall
<br />
<br />County ~~:
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<br />On this 13th da~ nl July ,19 SS , bcfore me. Ihe undersigned, a Nntan Puhlo,
<br />duly commissioned and qualifIed for said L'L)unl). I'e"onall)' ,'ame Robert S. Proff it t and T. A. Proff i tt,
<br />
<br />each in his and her own right, and as spouse of each other, .10 mc ~nown In ",,'Ihe
<br />identical person(q wht:?!l.l' namc(s) are ~ub~crihC'd to the foregoing. in~lrUr1H.'nt and al.:~nuwledgf.'d thL' C\CI.:Ullllll
<br />Ihereoflo be thel r ,olunlary a,1 and deed,
<br />Witness my hand and nmanal seal al
<br />dale aforesaid.
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<br />Gra22d Is1 Nebraska,
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<br />It!. __-........... /;'??.' 7/C
<br />l!!\ JCWlNE~~
<br />........,c.&......II,- R!:Ql'LSl FOR IH:CON\l '.\N( I
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<br />10 \3uJ t.:t'lHlI~. ,hl'
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<br />......1,;11\ PLl~!I.
<br />
<br />To TRllSHI
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<br />The' undcnllln('d 1'" the holde, of Ihe note lH noll'" "C\."Ull'J h, till', !)C'nl .11 1 TU"1 "'.11..1 lltHl' tH 11\'1\''', 11'!.!I,tlh'!
<br />wllh nil (llh", mdch1C'dnt".., \ot'(\lJ'nJ M\ till'. I)t~l'U nil ru'''. hJ\c hC'C'n p<.IId 111 full. 'l'IJ ar,-' liCIt'''' dllt'\. It'd 11\.. .Ilhe! ,.1I~1
<br />flOle OJ onie.. and rhl\ DC'Cl.! III 1Iu"", "llIdl arc dch\C'rl'd herd-n. ,HId hi 11'1.1111\1\ "lrh"1I1 \l,1lI,1I11\ .illll1,' ~'''f.lrl
<br />nfl\\ held hy you lHH..It"f 'I'u... Deed pt Tfll..1 IOlhc r'l."I..IHl nr pt'r'-llll\ kc.,ll\ l"1l1111nl !Ih'lt"!,.
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<br />I)ale
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