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NoN.UNIFoRM COVE NANTI. Borrower and Lavender further covenant and agree as follows: 7' 106028 it. Aeeslerstian; Rensdiss, Lender dull give notes to Borrower prior to "afternoon fallowing Borrower's breach of sty co"must or agreement In this Secarity Instrument (but not prier to accelerstion under paragraphs 13 and 17 unless hpplic" low provides otherwise). The s plies shall specify; (a) the default; (b) the nation required to cars the degwli; (e) a d" not lees then 30 days from IM date the sialke 1s given to Borrower, by which the default mast be curd and (d) dig Where to cars the dehult as or before the dtNt spedW in the notice may result in acceleration of the some e�emre' by olds heat* Inkrument and ask of the Property. The notice shall further Inform Borrower of the right to r*M%`prior aewlmNiou and the right to bring a court action to assert the non- oxistenco of a default or say other dshnes of Borrower to acceleration and ask. If the default Is not cored on or before the date speciBdrd in the notice, Lender at No option way require hamdtate payment In full of all emus secured by this Security Instrument ent without further demand ad may Invoke the power of oak wad any other remedies permitted by applicable low, Leader shall be entitled to collect aB expenses Incurred In im ueinR the remedies provided In this paragraph 19, insluding, but not limited to, rsteonaeNe attorneys' fees and cash of tide evideace. If the power of ask it Invoked, Trustee dull record a notice of default in each county in which any part of the Property Is located mN ;shall mail copies of suck notice in the mum Proscribed by applicable law to Borrower and to the other persons prea dW by applieable low. After the time required by applicable law, Trustee shall give public notice of ask to the person and In the mum prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the aatee of sok in arse or more psreek and is any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public aanounceseent at the time and place of any previously scheduled aide. Lender or Its designee may purchase the Property at way ask. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The radish in the Trustee's deed shall be prime facie evidence of the truth of the statements mode therein. Trades shall apply the proceeda of the sale In the following order: (a) to all expenses of the ask, including, but not limited t% Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrumemt; and (c) any 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 applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fen, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveya ce. Upon payment of all sums secured by this Security Instrument, 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 o. 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 d& 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 F-1 Planned Unit Development Rider `yC0[her(s) [specify] VA Guaranteed Loan Rider 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 recordedrith it. l( ✓.. ......4f.! ..... ... ....................(Seal) ' — awrower Jose h H. Che ney ....:... ... . .. .......................(Seal) Joker; E. CC rte --Borrower .RTATi op NasttASxA ............ ...... Hall.......................................... ...........ouny es: On this ......... 13th day of ... October , , 19.$7..., before me, the undersigned, a Notary Public ............ ......... duly commissioned and qualified for said county, personally came ..................................... ............................... JcasD�i..H....C�ttsnss.. and... ... ife............................ to me known to be the idmVwW persons) whose name(s) are subscribed to the foregoing instrument and acknowledged the execu- tion thereof to be ..... MiNIF ........................................... ............................... voluntary act and dead. Witness my hand and notarial seal at ...........Grand Island? Nebraek? ... in said county, the date aforesaid. my commission e: _ ................. L e .... . PWAW COOK. 112L OK It We rtunity /Affirmative Action Employer M /F. ____ . _w_._ ._..._ _ _ ._.. v a I:Nn 1116000 TnM tan rat Acs