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87- 10133.x- <br />Nov - UNIFORM CbeFNNNTS Borrower and Lender further covenant and agree as follows: <br />9. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of <br />any covenant or agreement in ibis Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless <br />apPr -pbl- low nrnvide- nther+iser. The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a <br />date, not less than 30 days from the date the notice Is given to Borrower, by which the default must be cured; and (d) that <br />failure to cure the default on or before the date speeifkd in the notice may result in acceleration of the sums secured by this <br />Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after <br />accekntion and the right to bring a court action to assert the nonexistence of a default or any other defense of Borrower to <br />accskntion and sak. If the default is not cured on or before the date specified in the notice, Lender at its option may <br />require immediate payment In fall of all sums secured by this Security Intransent without further demand and may Invoke <br />the power of sale and any other remedies permitted by appBeable law. Lender shall be entitled to collect all expenses incurred <br />In pursuing the remedies provided in this paragraph 19, including, but not limited to, reasonable attorney's fees and costs of <br />title evidence. <br />It the power of sale is invoked, Trustee shag record it notice of default is each county in which any part or the <br />Property Is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower said to the <br />other persons Prescribed by applicable law. After the time required by appBcabk law, Trustee shall give public notice of sale <br />to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property <br />at pubic auction to the highest bidder at the time and place and under the term designated in the notice of sale in one or <br />more parcels and In any order Trustee determines. Trustee may postpone sate of all or any parcel of the Property by public <br />announcement at the time and place of any previously scheduled sate. Leader or its desiguee may purchase the Property at <br />any sale. <br />Upon receipt of payment of the price bid. Trustee shall deliver to the parchaser Trustee's deed conveying the Property. <br />The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shat® <br />apply the proceeds of the sale In the following order: (a) to all expenses of the sale, tadaillng, but not limited to, Trustee's <br />fen as permitted by applicable law and reasonable attorney's fees; (b) to all sum secured by this Security Instrument; and (c) <br />asy excess to the person or persons legally entitled to it. <br />20. Leader in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, <br />by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and <br />to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied <br />first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's <br />fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Security Instrument_ <br />21. Reconveyance. Upon payment of all stems secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security instrument and an 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 time to time remove Trustee and appoint a successor trustee to <br />any Trustee appointed hereunder by an instrument recorded in the county in which this Security ionroment 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 requests that copies of the notices of default and sale be sent to Borrower's address <br />which is the Property Address. <br />24. Riders to this Security Instruanmt. If one or more riders are executed by Borrower and recorded together with this <br />Security instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements or this Security Instrument as if the rider(s) were a part of this _ <br />[Check applicable box(es)) Security Imstrmme:g <br />Adjustable Rate Rider L Condominium Rider rt 24 Family Rider <br />C Graduated Payment Rider 0 Planned Unit Development Ritter <br />C Others) (specify) <br />BY Stcxrac BELOW. Borrower accepts and to t and <br />in arty rider(s) executed by Borrower and recorded ! �' <br />r <br />(Stall <br />K' ton G. Moravek -15— <br />iSeal) <br />x_ <br />f. <br />Debra A. Moravek -k- <br />ISP— Reis„ nn sae F- Aekoo t <br />STATE OF _Nebraska <br />COUNTY OF sea)) - � SS: <br />1, thp i,ndn s_gn i a Notary Public in and for said county and state, do hereby certify that <br />tt; r - ayek -aftid DA_nlare A _ eit <br />before me and is (are) known or proved to me� to be the person(,) who, being informed of the contents of the foregoing <br />instrument, have executed same, and acknowledged said instrument to be <br />eheit _ free and voluntary act and <br />the, <br />dined and that the W. "" <br />Y executed said instrument for `e purposes and uses therein set forth. <br />W #Pau my hand and official seal this, }Ch day ofllare): 19 i <br />My Commission Expires: r <br />M)MI M <br />MW IL A MlYrit111 <br />Notary P is �__. (Seal) <br />r► hems 1bg Its. 2t IM <br />This instrument ova, prepared by <br />