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F <br />0 <br />era— 101596 <br />NON - UNIFORM COVENANTS- Borrower and lender further covenant and agree as follows: ` <br />is. Acee.err.thir.; Remaedies. Lender shall give notice to Borrower prior to . ccleranon 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 />miles$ 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 date the notice (s given to Borrower, by which the default saes. be cured: <br />and (d) that failure to cure the default en or before the date specified in the notice may remit is acceleration of the sums <br />I, v I by this Security Instrument and sale of the Property. The notice shag further inform Borrower of the right to <br />reisatate after 1,-P on and the right to bring a court action to assert the non-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 sli anus secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Iender shag be entitled to <br />collect all txpeneces incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of title 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 and shall mail copies of such notice in the manner prescribed by applicable law 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 taw. 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 safe of all or any parcel of the Property by <br />public announcement at the time and place of any previously scliedrled Salle. Leader 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 pmrchas$r Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed Shall be prim facie evidence of the ttu* of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, hseladiag, but not limited <br />to, Trustee's fen as permitted by applicable law and reasoeahie attorneys' feed (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons Legally entitled to it <br />20. tender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (m <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, 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 Instrument. <br />21. Reconveyance. Upon payment of all sutras secured by this Security Instrument. Lender shall request Trustee to <br />reeonvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall r eco vey the Property without warranty and without charge to the person or persons <br />legally coot led to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. tender, 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 tick, 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 <br />address which is the Property Address <br />24. Riders to this Security Ims4vmeat_ If one or more riders are executed by Borower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shah be incorporated into until shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a par of this Security <br />Instrument. (Check applicable box(es)) <br />Adjustable Rate Rider Condominium Rider [�, 2-4 Family Rider <br />Graduated Payment Rider [ Planned Unit Development Rider <br />Other(s) [specify) <br />BY SIGNING BELOW, Borrower .accepts and agrees to the tetras and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />r: - <br />William J. Dege <br />) <br />...ate_.... <br />�'tary �5egen — eorin,w <br />(SSwy ads. This tow For Ac ns.asdpawal <br />STATE OF NEBRASKA, .14,A-Lit ........................... County ss- <br />On this .... 1st... day of .... Ja ..... 19.87_, before me, the <br />undersigned, a ]Mary Public duly commissioned and qualified for said county, personally came <br />.................................................... to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument <br />and acknowledged the execution thereof to be ._l:heir ..... voluntary act and <br />deed. <br />Witness my hand and notarial seal at ............................... in <br />said county, the date aforesaid. <br />......................................... ................... <br />Notary 1'. ,t • <br />fay nnrc,5lun Expml +rs: <br />N <br />