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87- 101214 NON- UNIFORM COVENANrs. Borrower and Lender further covenant and agree as follows: 19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Iastmatent (but not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured-, and (d) than failura to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non- existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone saic of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima fade evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable taw and reasonable anoreeys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Propem-, Lender tin person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those pest due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including. but not limited to. receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconvey ance. Upon payment of all sums secured by this Security Instrument. Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrurent and all notes evidencing debt secured by this Security instrument to Trustee Trustee shall reconvey the Property without w:uranty and without charge to the person or pe:som legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the count- in which this Security Instrument is recorded. Without oonveyanee of the Property , the successor trustee shall succeed to all the tide, power and duties conferred upon Trustee herein and by applicable law- 23. Request for Notices. Borrower requests that copie- to the nouces of default and sate be sent to Borrower's address wfiich is the Property Address. &grower further requests that topics of the notice oftefault and notice of sale be sent to each person who is a party hereto at the address of such peru- in .ei fords herein. 24. Riders to this Security lasuUn" , If one or more rulers are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrumau as if the rider(s) were a part of this Security Instrument. (Check applicable btx(es), Adjustable Rate Rider Condominium Rider _ 2-4 Family_ Ride- Graduated Payment Rider _ Planned Unit Deyrlopment Rider Others) (specify] BY SIGNING BELOW. Borrower accepts and agree; to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and =ecordrd with it- -------------- awrence F. Burns r n ) iSeaf Harleae M. R-6, us -aot•� STATE OF NEBRASKA. --- - --- _cldl 1. - -- --- - -- - .Count" as: On this .........4.th ------ —. -.- day of -- - - -- jgrch ---- ......, 19--_$7, before me, the undersigned, a Notary Public duly connmissioned and qualified for said county personally came --- — ----- ------------ -- ----- -- - --- - - - -- - - - -- - -- -- --- -- - Lawrence F. Burma and Nariene -- Bums, {tusbaad and "rife, to me known to to the identical Person (s) whose names) are subscribed to the foregoing instrument and acknowledged the execu- tion thereof to be their .... - — ----------- - voluntary act and deed. Witness qty hand and notarial seal at _- - -_._ Grand Island said county, the date aforesaid My Conunie®on expires IA ssM o "a apR f We am an Equal Employment Opportunity /Affirmative Action Employer M /F. .__�..,.,..._..__.. _..___. ltpao• 8440. has Lm rw #.k— .ied`n ti -`