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<br />88- 104303 <br /> <br />NON.UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows: <br />19. Acccleration; Remedies. Lender shalI give notice to Borrower prior to acceleration folIowlng Borrower's <br />breach of any coven;mt or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />defaull; (c) a 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 on or before the date specified in the notice may result in acceleration of tbe sums <br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the right to bring a court action to assert the non.existence of a default or' any other <br />defecse of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at ib option may require immediate payment in full of all sums secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including; but not limited to, <br />reasonable attorneys' fees and cosb of title evidence. <br />If tbe power of sale is invoked, Trustee sball record a notice of default in eacb county in which any part of the <br />Property is located and sball mail copies of such notice in the manner prescribed by applicable la1-l 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 the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public 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 />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 />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 shalI apply the proceeds of the sale in the following order: (e) to all expenses of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees: (bl 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 in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agenl or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the <br />Property and to collecl 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 lhe costs of management of the Property and collection of rents, including. but not <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 Instrumenl. <br /> <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 noles 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 il. Such person or persons shall pay any recordation costs, <br />22. Substitute Trustee. Lender, al its option, may from time to time remove Trustee and appoinl a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Inslrument is recorded. <br />Without conveyance of the Property. the successor trustee shall succeed to all the title. power and duties conferred upon <br />Trustee herein and by applicable law, <br />23. Request for Notices. Borrower requesls lhal copies of the notices of default and sale be sent to Borrower's <br />address which is the Property Address. <br /> <br />24. Riders to this Security Inltrument. I f one or more riders are executed by Borrower and recorded together with <br />this Security Instrument. the covenants and agreemcnls of cach such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of lhls Secunly Inslrumenl as if the rider(s) were a part of this Security <br />Instrument, [Check applicable box(es)) <br />D Adjustable Rate Rider [J Condonunlum Rider D 2-4 Family Rider <br /> <br />D Graduated Payment Rider <br /> <br />[J Planned Unit Development Rider <br /> <br />D Other(s) [specify] <br /> <br />By SIGNING BELOW, Borrc,wer accepts and agrees to lhe terms and covenants contained in lhis Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br />H;;fA .'. -, .'J.1.JHH<<'~SeaI) <br /> <br />~~ebuck -Borrower <br /> <br />H...........(SeaI) <br />-Borrower <br /> <br />STATE OF NEBRASKA. <br /> <br />Hall Counly '" <br /> <br />On this I st day of August, 19 88 , herorc <br />duly commissioned and qualified for said county, personally camc Lenora <br />person <br />identical person(s) ",hme name(s) arc sub;cribed rn the foregoing imlrtuncn! allLl <br />thereof 10 be her \ olunlary act and decd. <br />Witness my hand and notarial seal al Grand Isla')!!.., Nebraska , <br />date aforesaid. /, <br /> <br />My Commission expires; //-,x.s-.I.I '~. . c! 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