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Nr <br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follow. 07— 103463 <br />i9. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />bre+u:h of any eovautat 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 date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failure to more the default on or before the date specified In the notice may result in acceleration of the sums <br />secured by this Security Instrument and rate 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 assert the non- existence of a default or any other <br />defense of Borrower to acceleration and ale. If the default is not cared on or before the date specified in the notice, Lender <br />at its option may require immediate payment In fail of all sums secured by this Security Instrument without farther <br />demand and may Invoke the power of We and any other remedies permitted by applicable Is*. Lender shall be entitled to <br />called all expenses Incurred in parsoing the remedies provided in this paragraph 19, including, but not limited to, <br />reason" attorneys' fees and costa of title wide ee. <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 />mile to the persons and in the harmer prescribed by applicable law. 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 terns designated in the notice of sale in <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at soy 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 prima facie evidence of the truth 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, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (c) soy 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, Lender (in <br />person, by agent or by judicially appointed receiver) shalt be entitled to enter upon, take possession of and manage the <br />Property and to collect the rents of the Property including those past dues 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, r'eceiver's far, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrtune:,c. <br />21. Reconeyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />money 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 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 title, power and dudes conferred upon <br />Trustee herein and by applicable law. <br />23. Rogow for Notices. Borrower requests that copies of the notices of default and sale be t to g�rrow er's <br />address which is the Address. Borrower further requests that copies of the notices o "elault and sale <br />be set t�h Property fs�a art i eto at the ad <br />g,ress of sue} wee set ioZi herein. <br />ty m n one or more n ers are execut y rrower an recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument [Check applicable box(es)] <br />M Adjustable Rate Rider F7 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 contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />(sew) <br />....:. Y. ...................... .... Seal) <br />— BBoorrows. <br />[SPSee aeaw This Line For Aau,owledit eMl <br />State of: Nebraska <br />County of: Hall ASS: <br />On this 10th day of June 19 87 b o a N r P 1 the State <br />of Nebraska personally appeared <br />Allen Y.ofe'r an��tidafr, <br />husband and wife p Y <br />to me personally known to be the owyson(s) named <br />In and who exeAueied the foregoing instrument, and acknowledged that executed <br />rye qr same Expires: voluntary set and deed. <br />14D= PUBLIC <br />onersl Notary -State of Nebraska <br />KRIS IE HOLMSTEDT <br />MyComm: E :p.Da, 11,1919 <br />