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<br />NON.UNIFORM COVENANTS, Borrower and Lender further covenant and agree as foll18:- 10408 4
<br />19. AC'Celel'lltlon; Remedies. Lender sball give notice 10 Borrower prior to acceleration following Borrower's
<br />breach o~ any connanl or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law proYldes otberwlse). The notice shall specify: (a) tbe default; (b) the action required to cure the
<br />defaull; (c) a date, not less thaD 30 days from tbe date the notice is given to Borrower, by wbich the default must be cured;
<br />and (d) that failure to cure the default on or before the date specified in tbe notice may result in acceleration of tbe sums
<br />secured by tbis Security Instrument and sale of tbe Property. The notice sball further inform Borrower of tbe right to
<br />reinstate after acceleration and tbe right to bring a court action to assert tbe non-existence of a default or any other
<br />defense of Borrower to acceleration and sale.lltbe default is not cured on or before tbe date specified In tbe notice, Lender
<br />at ita option may require Immediate payment In full of all sums secured by this Security Instrument witbout further
<br />demand and may Invoke the power of sale and any other remedles permitted by applicable Jaw. Lender shall be entitled to
<br />collect all expenses incuVTed in Pll1'SUinll the remedies provided In this paragrapb 19, Including; but not limited to.
<br />reuonable attorneys' fees and costs of title nidence.
<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 />Property is located and sball mall copies of such notice in tbe 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 tbe persons and in the manner prescribed by applicable law. Trustee. without demand on Borrower, sball selllhr
<br />Property at public auction ~o tbe highest bidder at the time and place and under the terms deslpated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may po:stpone sale of all or any parcel of the Property by
<br />public announcement al the time and place of any previously scbeduled sale. Lender or its desipcc may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of Ibe price bid. Trustee sball deliver to tbe purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed sball be prima facie evidence of the trutb of the statements madr: therein.
<br />Truztee shall apply the proceeds of tbe sale in the followinll order: (a) to all expenses of the sale. includinll, but not limited
<br />to, Trustee's fees 115 permitted by applicable law and reasonable attorneys' fees; (h) 10 all sums secured by this Security
<br />Instrument; and (e) any excess 10 the person or persons legally entitled 10 il.
<br />20. Lender In Possession. Upon acceleration under paragraph I q or abandonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled 10 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 nol
<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. Reconveyance. Upon payment of all sums secured by this Security Inslrument, Lender shall request Truslee 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 lime to time remoVe Trustee and appoint a successor trustee
<br />to any Truslee appointed hereunder by an instrumenl recorded in the county in which this Securily Instrument is recorded,
<br />Without conveyance of the Property, the successor lrustee shall succeed 10 all the litle. 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
<br />address which is the Property Address,
<br />24. Riden to this Security IlIItrulDent. If one or more riders are e~eculed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each such rider shall be mcorporated 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 />o Adjustable Rate Rider 0 Condominium Rider C 2-4 Family Rider
<br />
<br />o Graduated Payment Rider
<br />
<br />o Planned Unit Development Rider
<br />
<br />o Other(s) [specify]
<br />
<br />By SIGNING BELO',V, Borrower accepts and agrees to the lenns and covenants comained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it,
<br />
<br />"Gr((i['r!i~'~:"'"''
<br />..m;Z~~~
<br />
<br />,..,........(SeaI)
<br />-Borrower
<br />
<br />STATE OF NEBRASKA,
<br />
<br />Hall
<br />
<br />('nunly \,r.,:
<br />
<br />On this 2 I st day of July ,19 BB before me, Ihe underSigned, u NnHu~ Publ,,'
<br />duly commissioned and qualified for said county. personally eam,' Gi I bert 1. Johnson and Ju I ia A.
<br />Johnson, each in his and her own right, and as spouse of eaeh other,llll11e ~nll\"ll11 he Ihe
<br />idenlical person(s) whose namc(s) are subscrihed [0 Ihe foregoing instrument and adnllwk-dge<.l Ih,' ,"el'ul'nn
<br />thereof to be their voluntary acl and deed,
<br />Witness my hand and nOlarial seal al Grand ISI~ebraska
<br />
<br />::e:~:::~~~n expires: ~J- Eq .~/, /.. YZ?
<br />~............ ....""." I'uhl,
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<br />TI.Tlll/ST!'
<br />The undersigned i\ lhe hllldl-r of th... nntt.' OJ 'lute'" ..t,'l'url:ll b\ lhl\ (ked nl 1111",1 S.lld Iltlh.' Pi Ill1lt". l\l}.!l'llll"
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<br />now held t-~' YOU undt" Ihl... Dl,\.od llf hlPd 10 ,ht' pcr,pll '" r~'I"i\II'" h'~;tll\ nlYnit'd tl1l.'!\""
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