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A 0 NON•UNta-oRM COVENANTS. Borrower and Lender further covenant and agree as follows .■. 19, Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's Arendt of any catnsttmt or t in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 mallen applicable law pray" otberwhie). The notice shall specify; (a) Me default; (b) the action required to cure the default; (e) a date, am lots than 30 days from the date the Mice is given to Borrower, by which the default must be cured; OW (d) 11M ftdlure to ewe the default on or before the date specified In the notice may result In acceleration of the sums secured by thin Socarity Instrument and sale of the Property. The notice shall further inform Borrower of the right to relastaft after acceleration and the right to bring a coact action to assert the non - existence of it default or any other defense Of Borrower to weekatlem anal Bak. If the default Is not cured on or before the date specified in the notice, Lender at it$ option my replica Immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke Out power of ask and any other remedies permitted by applicable law, Lender shall be entitled to coiket all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, reasonable attorneys' fen and cods of title evidence. U the power of seek its invoked, Trustee shall record a notice of default in each county in which any part of the Property k located and shag nail copies of such notice in the nuumor prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of seek to the persons and in the manner prescribed by applicable law, Trustee, without demand on Borrower, shall sell the Property at public auction to the kighest bidder at the time and piece and under the terms designated in the notice of sale in one or more pareek and in any order Trustee determines. Trades may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Leader or its designee may purchase the Property at any ask. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitab in the Trustee's deed skull be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the ask in the following order: (a) to all expenses of the sale, including, but not limited to, I rustee's fen as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Lander in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall Auest Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Sube itute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Requesit for Notices. Borrower requests that copies of the notices of default and sale he sent to Borrower's address which is the Property Address. Borrower further requests that copies of the notice of default and notice of sale he sent to each person who is a party hereto at the address of such person set forth herein. 24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)] J Adjustable Rate Rider 1 Condominium Rider 7 2-4 Family Rider Graduated Payment Rider Lj Planned Unit Development Rider ❑ Other(s) [sPecify] i BY SIGNING BELOW, Borrower accepts and agrees to,if rmsi'Pd gOv'itents contained in this Security Instrument and in any rider(s) executed by Borrower and reco�d�ct with *t i \\ ...... :. .............. (Seal) . — :Borrower / �! = 1.:...?......i..... /.. <.. Ls :... ..,,.. ...................(Seal) G� — Borrower 9raTZ OF N>ISttbsxe HALL_.._ ................ -- -- - -- .............County Be: On this ...... Alli............ day of .. ...... .J.U1.Y ... ....... MET-, before me, the undersigned, a Notary Public duly conamisisioned and qualified for said county, personally came ..Ern eat. W.. Peterson.- and._Chri.stine Z. Peterstm, Husband and Wife to me known to be the _ ................. .......................... ..... , itdepatka]i person(s) whose name(B) are subscribed to the foregoing instrument and acknowledged the execu- tion thereof to be ............................... their _... ...... ......................... voluntary act and decd. Witness my hand and notarial seal at .........Grand Island, Nebraska -_- in said county, the date aforesaid. _ ...... d Mtttda ,� My CoMwAssion CoWli S. DAM i „7 We are an Equal Employment Opportunity /Affirmative Action Employer M /F. pleats 80100 rht* la» for Rik t