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87- 10160fi <br />NON UNWOant 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 breach of <br />�! any covenant or agreement In this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless <br />applicable law provides otberwbe). The trader shat specify: (a) the default; (b) the action required to cure the default; (c) a <br />-ale, not im • -b: 30 r;a from the date the aofF:e b- #fan to Borsstarer, by which the deft most be.enred; aad 4d) fist' <br />failure to cure the default on or before the date specified In the notice may resolt in acceleration of the sum ' e emed btu <br />Instrument Iaament and sak of the Property. The notice stall further Inform Borrower. -of the right io reliable: : <br />acceleration and the right to being a court sedan to assert the non•en6teace of a default or any otberAehme .of, Borrower to-: <br />acceleration mud sok. If the default is not..esred, on or before the .date specified ht the notice; i Lender at its option may <br />require Immediate payment in fan of ad sum secated,by this Se curity..fastrament without further demand and may invoke_< <br />the power of sale and any other remedies permitted by applicable law. Leader shad be entitled to collect ad expenses inverted' <br />In punol g the remedies provided In this paragraph 19, including, but not Bmded to, reasonable attorney's fees and costs of <br />title evidence. <br />If the power of sale is invoked, Trustee shall record ■ notice of default in each county Is wbkh 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 shaii 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 public auction to the highest bidder at the time and piece and under the terms designated in the notice of sale in one or <br />more parcels and In any order Trustee determines. Trustee may postpone sale of ad or any parcel of the Property by public <br />announcement at the time and place of any previously scheduled role. Leader or its designee may purchase the Property at <br />any sale. <br />Upon receipt of payment of the price bid, Trustee shag deliver to the purchaser 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. Tester shall <br />apply the proceeds of the sale in the following order: (a) to a6 expenses of the sale, Including, but not limited to, Tree's <br />fees as permitted by applicable taw and reasonable attorney's fees: (b) to all sums secured by this Security Instrument; and (c) <br />any excess to the person or persons legally entitled to It. <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Linder (m 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 ty Lender or the receiver shall be applied <br />fist 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 fee,. and then to the sutras secured by this Security insttutnest. <br />21. Reconveyance. Upon payment of all sums sectored by this Security Instrument, Lender shall -request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all 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 "stove Trustee and appoint a successor trustee to <br />any Trustee appointed hereunder by an instrument recorded in the county in which this Security instrument is recorded. <br />d. <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 Instrument. 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 amens} and <br />supplement the covenants and agreements of this Security instrument as if the rides(s) were a part of this Security instrument. <br />{Check applicable box(es)j <br />0 Adjustable Rate Rider :3 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 terms and covenants cow-tined in this security IIIAfUm rat and <br />in any rider(s) executed by Borrower and recorded with it. <br />(Seal) /. i r (Seal) <br />Rita T. Parle <br />(Sea)) (Seal) <br />- — <br />Issue cc's— raw t Fo I <br />STATE OF Nebraska <br />SS: <br />COUNTY OF eta it <br />1. the undersi, red <br />a Notary Public in and for said county and state, do hereby certify that <br />na.fs T Purl, <br />personally appeared <br />before the and is (are) known or proved <br />to me to be the persoo(s) who. being informed of the contents of the foregoing <br />instrument, have executed same, and acknowledged said instrument to be their free and voluntary act and <br />eked and that they <br />ram_ �, "rime <br />executed said instrument for the purposes and uses therein set forth. <br />Witness my hand and official seal this --2-3rd <br />_day ofIlarch 19 _87 <br />My Commission Fvplres <br />(Seat) <br />1* #A x 10 <br />Notary Public <br />this enolu -Medan r4, Prepared by <br />