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87„,.106040
<br />Note - UNIFORM COVENANTS. Borrower and Lender forthorCOVIMAnt And agree as follows:
<br />19. Acceleration; Remedies, Loader WWI give notice to Borrower prior to acceleration following Borrowers
<br />brash 011`4111Y C*vmmt Of lgr"mnt In this Security Instrument (but no prior to acceleration under parwn* 13 OW 17
<br />unless applicable low provides othombe). The Notice shall specify: (a) the default; M the Action required to care the
<br />default; (c) a doe, not Ims than 30 days from the date the notice Is given to Borrower, by which the default must be cared;
<br />and M that failure to care the default an or before On date specified In the notice may result in acceleration of the ism"
<br />see" by this Security Instrument and Ask of the Property, The notice shall further inform Borrower of the right to
<br />rainfalls after acceleration and the right to bring a court action to assert the non- existence or it default or any other
<br />defense of Borrower to acceleration Bad ads, If the default Is not cured on or before the date specified In On "COP Leader
<br />at Its option may require Immediate payment in full of 80 sums secured by this Security Instrument without further
<br />demand and may Invoke the power of Ads and my other remedies permitted by applicable law, Leader shall be entitled to
<br />collect all expenses Incurred In Pursuing the reme" provided In this paragraph 19, Including, but not limited to,
<br />reason" attorneys' leas and costs of title evidence.
<br />If the power of sale In Invoked, Trustee doll 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 proscribed by applicable law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner 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 terms 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 any 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; M to all sums secured by this Security
<br />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 of and manage the
<br />Property and to collect the rents of the Property including those past due. 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, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. 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.
<br />24. Riders to this Security Instrument. If one or more riders are executed 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)]
<br />[-] Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider
<br />[:] Graduated Payment Rider ❑ Planned Unit Development Rider
<br />E10ther(s) (specify) Acknowledgement of Power of Sale
<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 />......................... (Sea])
<br />o it, ... Bor, z —.rrower
<br />enJC�,� (Seal)
<br />. .............
<br />[Spme Below This Line For Acknowteftmentl
<br />STATE OF .. Nebraska
<br />..............................
<br />COUNTY OF ... Hall ........................ ) SS:
<br />The foregoing instrument was
<br />acknowledged before me this... a98.7 .................................
<br />(date)
<br />by ,,,,,.Robert A. Bortz and Karen A. Bortz, Husband and Wife
<br />................. I ...... I .................................................................
<br />(Person(s) acknowledging)
<br />Imomm P. li
<br />M_
<br />..........
<br />Notary Public
<br />'Mfg instfulnefl! was ptepared by ......... .......................................
<br />wrswA bdfi� NphTd,", NA
<br />��4. Am.,M,y Ito
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