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r <br />F <br />87' 03707 <br />NON - UNIFORM 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 <br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and <br />17 unkssapplicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required tocure the <br />default; (c) adate, not less than 30 days from the date the notice is given to Borrower, by which the default must becured; <br />and (d) that failure to cure 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 sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bringg a� coup action to assert the non - existence of a default or any <br />ocher tkieaseof Borrower to acceleration and sale. If the default is not cured on or before the due specified in the notice, <br />Lender at its option may require immediate liment in full of all sums secured by this Security Instrument without <br />further demand sued may invoke the power of'sak and any other remedies permitted by applicable law. Lender shall be <br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not <br />limited to, 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 copie of such notice in the manner prescribed by applicable law to Borrower and to the <br />other parsons prescribed by alicbk law. After the time required by applicable law, Trustee shat! give public notice of <br />sale to the persons and in cite manner prescribed by applicable Isw. Trustee, it demand on Borrower, shall sell the <br />Protierty at public suction co the hi bidder ae the cane and plus and under the terms designated in the notice of sale <br />his E otand in ay or Trudeci net. Trustee my pone sale of all or any pucel of the Property <br />by annt t the ume and plus of any previously uheduled sale. Lender or its des ;gore may purchase the <br />Pu any saUpon meit of p:ymenc of the price bid, Trustee shall deliver to the purchaser Trustee s deed conveying the <br />Prrty. 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 <br />limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this <br />Security Instrument•, and (c) 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, Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession n and manage the <br />Property and tocollect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall <br />be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, <br />receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security <br />Instrument. <br />21. Reconveyanee. Upon payment of all sums secured 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 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 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. Borrower further requests that copies of the notices of default and sale be sent to each <br />person who is a party hereto at the address of such person set forth herein. <br />24. Riders to this Security Instrument. If one or more riders are exenited by Borrower and 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),I <br />• Adjustable Rate Rider ❑ Condominium Rider ❑ 2 -4 Family Rider <br />• Graduated Payment Rider ❑ Planned Unit Development Rider <br />❑Other(s) I specify I <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 wi5oz.&I. p. P. ...... (Seal) <br />Rita P. Prince — Borrower <br />............. ............................... (Seal) <br />— Borrower <br />laMu tiNOw This lira for Acknow14,119 nil <br />STATE OF NEBRASKA . ........... ..........4411................. County ss: <br />On this ... z4.......... day of ........ , 19 .$7.., before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personally came Ri Cal. vemm........ <br />........ ............................... . to the known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof lobe <br />.... .............. lillilp .............. voluntary act and deed. <br />Witness my hand and notarial seal at ........ lQz; 4.J9;JArKlr. i`lF. ................ in said county, the date <br />aforesaid. <br />My Commission expires: ?&Wch 10, 1990 <br />I <br />Notary Public <br />i <br />r'f <br />