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87-- !01060 <br />NoN- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration: Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant 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 />default, (c) a date, not less than 30 days from the [late 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 away 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 />reinstate after acceleration and the right to bring a court action to amt the non- existence of a default or any other <br />defense of Borrower to acceleration and sale. If the default is not tarred on or before the date specified in the notice, Lender <br />at its option may require immediate payment in full of all same second 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 entity to <br />E collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of tine evidence. <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 sad shall mail copies of such notice in the manner ;wescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable ism. 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 />Proem at public auction to the highest bidder at the time sed place and under the terms designated in the notice of sale in <br />one or more parcels and in any order Trustee determines. Trustee nay postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled isle. 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 prim facie evidence of the truth of the statements made therein. <br />Trice shall apply the proceeds of the sale in the following order- ta) to all expos of the sale, including, but not lid <br />to, Trustee's fees as permitted by applicable law and reasonable atterneye fees: flu) to all suers secured by this Security <br />Instrument: sad (c) any excess to the person or persons legally entitled to iL <br />20. Lender is Possession. Upon acceleration under paragraph 19 of abandonment of the Property. Lender tin <br />persm M• 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 Leander or the receiver <br />shall be applied first to payment of the costs of management of the Property- and collection of rents. including, but not <br />limited to, receiver's fees, premiums on rtceivei 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 Socumv Instrument. Lender shall request Trustee to <br />re convey the Property and shall surrender this Security Instrument and all notes e+1dm ang 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 play any recordation camas <br />22. Substitute Trustee. Lender. at its option. may from time to [rave ream-m Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded m the county tit wbtch this Security Instrument is rec-,?rded- <br />Without conveyance of the Property, the successor trustee shall succeed to an the atic. power and duties confessed upon <br />Trance heron and by applicable law. <br />23. Request for Notices. Bi mower reque :n that coptC;:rf the witiocs 4defmh and sale he seat to Bommer's address <br />which is fire Pro party .4ddrrss Bo mover further reque is that copies od the near-cc cif default and notice of sale be sou w each <br />palms who :s a part} hereto w the atKiress o i uch p-wc set ftx h herrmo <br />U. Bidcrx to this Security Irmframea -L If or-- or more rv&n art etccuted by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be mixwporated into and shall amead And <br />suppiatseat the covenants and agreements of this ScLurn) InarurneAt as if the nder(s) were a pan of this Serum[} <br />Instrument, li'heck applicable box(cs)j <br />Adjustable Rate Rider Condominium Rids ` 3-3 Family Rider <br />Graduated Payment Rider = Planned Unit Development Rider <br />OthLos) (spa ifNI <br />BY Sti7'vING BELOW BOrmwer accepts and agrees to the terms acid ccvccnants contained in this Security <br />instrument and in ant rider(s' executed by Borrower and recorded with it. <br />`z. -. s____tS <br />Charles B. Orso ' -• <br />-AAx v' <br />3oaa M. 4rso <br />STA-M OF NEBRASHe.... - - -- -- hap � ---- .- _.._ -- - ----- _.____�Ciratrtsr SS: <br />()a this - -_.__ 23ra -.. _ - -- day of - -- recruary _ 19-_p j., before [rte, the undersigeted, a - Notary Public <br />duly cnatattissioned and qualified for said county, ply come -- -- -- ---- - - - --- Cbgjjpabo -- -Orao. and ,rso2. husband and viie�____- -_ -- -_ _ -- _ ._, to me known to be the <br />identical person W whose name (s) are subscribed to the foregoing histirument and acknowledged the execu- <br />tion thereof to be .._.iiaeir_,._ --_ -- - ------- -- -- --- - ------- .--- --------- - -_._. voluntan act and deed <br />- - <br />Witness my hand and notarial seal at ................ __--- -_ Grand_ Island...._ - --- -.__ -- in said county, the <br />date aforesaid <br />my Communion expo / Gamma <br />14 Ctoa Ea Oct 11. M <br />We am an Equal Employment Opportunity/Affirmative Action Employer M /F. <br />tsoace assn. pus ar+s Fm uka.w"V"*Mt <br />__ ! <br />