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87--- 1050.9 NON•UNIFORM COMANTS. Borrower and Lander further covenant and agree as follows: 19, Acceleration; Remedies. Lander WWI give no" to Borrower prior to acceleration following Borrower's *006 Ofray 00"wmt Or W"MW In 14110 Security lastramost (but *0 prior to acceleration under paragraphs 13 and 17 unless! applicable law Provides otherwise). The soda " specify; (a) the default; M Me action required to owe the d@hlk (0) A 411000, net 1001 dum 30 days from the " the notice Is given to Borrower, by which the default mot be OW4- and M that failare to cure the default on or before the " specified in the notice may result in acceleration of the am secured by Me Security luftmat and ad$ of the Property. The notice doll further Inform Borrower of the right to 1010018110 MAW 1111000101ratiffil and the right to Mn a court MOM to MW the non-exisionce of a default or any odw d$("" Of 1110er"W to amle"A" and age. Ifft default Is not cured on or Won the doe specified in the nodes, Lawler ester Optlem my require immediate payment In full of all wass secured by this Security histrumesit without further demand and may k"kO *0 POWW Of nk and ARY Other remedies permitted by applicable law. Leader shall be entitled to 00110at all CIPO"u incurred in Pursuing the remedies provided In this paragraph 19, lncludfn& but not limited to, reasonable attornew hes and coft oftitte evidence. If the Power Of "k Is invoked, Trustee shall record a MUM of default In each county in which my part of the Property Is looked SM shall mall copies of sack notice in the manner prescribed by applicable law to Borrower and to the Other Person PnWTMkd by appticalsla law. After the time required by applicable law, Trustee shall give public notice of ask to the persons and In the mama prescribed by applicable law. Trustee, without demand on Borrower, $bull an the Property at public auction to the bW*d bidder at the time and place and under the terms designated in the notice of sale in oft or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of my previously scheduled sale. Leader or its designee may purchase the Property at my ask. Upon receipt of Payment of the rice bid, Trustee WWI deliver to the purchaser Trustee's deed conveying the Property- The Ndtmk In the Trustee's deed AM be prim facie evidence of the truth of the statements made therein. Trustee dM apply the proceeds of the sale in the following order: (a) to all expenses of the sale, Including, but not limited to, Trustee's fees as Permitted by applicable law and reasonable attorneys' fees; M to all sums secured by this Security Instrument; and (c) my excess to the person or persons legally entitled to it. 20. Leader 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 AMIW 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 Instniment, Lender shall request 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. Substitute 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. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. Borrower further requests that copies of the notice of default and notice of sale be 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)] Adjustable Rate Rider Condominium Rider 2-4 Family Rider ❑ Graduated Payment Rider Planned Unit Development Rider 0 Other(s) [specify] BY SIGNING BELow• Borrower accepts and agrees to the -terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it .........(Seal .................(seal) STATZ OF NIBBLASKA .................. H.a.11 ................ I ...County an: On this ......... A79)! ......... clay of ...August..........., 19..87 -, before me, the undersigned, a Notary Public duly commissioned and qualified for said county, pereo; sly came .................................................................... -.XeasmtlL-J. ....................0 to me known to be the identical person name(s) are rabscrilmd to the foregoing instnment and acknowledged the execu- tion thereof to be ......... Omix ........................................................ ................ voluntary act and deed. Witness my hand and notarial seal at ............. Grand Island ....................................... in said county, the aiweud& .......................... MY Commission ""IM .......... . ........ X . ... ...... N , at . &" . P"fic ...... ...................... e=Mpurtunity/AdIrmative Action Employer M/F. Ispas 684W "" L#* For ftkn"ftdV"MJ