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<br />Nor. UNIFORM COVENANTS. Borrower nnd Lender funher covennnt nnd ngree ~~I7:.,1 05 B 5 9 <br />19. AcctJeratloD; RemedIes. Leuder shall give Dotice to Borrower prior to acceleration following Borrower's <br />brelilch of any co,enant or agreement In this Security Insfnlment (but not prior to Dcceleration under paragraphs 13 and 17 <br />unless appllcablo la" pro,ldes otho",I..). Tho notlco shall apecify: (a) Ihe default; (h) Ihe aellon required 10 eure Ihe <br />default; (e). date, not less tban 30 days from the date the notice is given tu Borrower, by which the default must be cured; <br />and (d) that fallure to cure the delault on or before the date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reill!tate after acceleration and the right to bring a court action to assert the Don~existence of a default or any other <br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further <br />demaud and may io,okelbe po"er or sale aud auy other remedies permitted by applicable la". Lender shall be entilled 10 <br />collecl all expe.... Ineurred In pursuing Ibe remedl.. prorided in this paragraph 19, Ineludlng, bul nol Iimlled 10, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is iJi,nked, Trustee shall record a notice of default in each county in which any pnrt of the <br />Property is located and shall mall copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by appllcablela". After the time required by applicablela", Truslee shall give public notice of <br />sale to the persons aud In Ibe mauner prescribed by appllcablela". Trustee, "llhoul demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at tbe time and place and under the terms designated in the notice of sale in <br />ODe 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 pre,iously scbeduled sale. Lender or its designee may purchase tbe <br />Property at any sale. <br />Upon receipt of payment of the pria: bid, Trustee shall deliver to the purchaser Trustee's deed con"lleying 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 sball apply the proceeds of tbe sale in the following order: (0) 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 tbis Security <br />Instrument; and (c) any excess to the person or persons legally entitled 10 it. <br />20. Lender in 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 Property and collection of rents, includlng, 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 Instrument. <br />21. Reconnyance. 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 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 />Trustee herein and hy 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 Propeny Address. <br />24. Riders to this Security lastrument. If one or more riders are executed by Borrower and recorded together with <br />thi.ro 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 />Instrumenl. [Check applicable box(..)] <br />D Adjustable Rate Rider <br /> <br />D Graduated Payment Rider <br /> <br />D Other(s) [specify] <br /> <br />D Condominium Rider <br />D Planned Unit DeveJopment Rider <br /> <br />D 2-4 Family Rider <br /> <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rideris) executed by Borrower and recorded with it. <br /> <br />IN WITNESS WHEREOF, Borrower has executed this Mortgage. <br /> <br /> <br />~?t:.~ppppp <br />( . K. Howard). / J -B'......' <br /> <br />.. ..e. .W4Ut/aa:-f............ <br />( dith E. Howard) -a,,,,,,",, <br /> <br />STATEOFNEBIlASICA...... .J-1all............................... .County..: <br /> <br />On litis. .. 3Js.t. . .. .. .. .day of... o.ctober. . . . . .. 19. .88. before me. the undersigned. a Notary Pablic <br />duly commissioned and qualified for .aid county, personally came. .Ricbar.d. K... .Howard. and. Judith. E.. . <br />Ho.ward.. .hushand and. ",if2 . . .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ., to me known to be Ibe <br />identic:al person(s) whose name(s) are subscribed to the foregoing instrument and acknOWledged the execution <br />thereof to be. . . the I r . . . . . . . . voluntary act and deed. <br />Witness my hand aod notarial seal at.. Grand .lsland,. Nebraska.............. .in said counly, the <br />date aforesaid. <br /> <br />My Commission expires: <br /> <br />~\ - , <br />\ "r' ,: ~ !' .. <br />..... .0i/!: .I~~,-.. .I...\d.,.I..\....).. <br />A cmm IllTARY.StJ1t Dl.... <br />, . DEVRII WEilER <br />"'::~~ ItrComm.fJp._25. 1. <br /> <br />Nobry Public <br />