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- 100406 <br />NON'- UMFORM 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 17 <br />unless applicable law provides ' otherwise). The notice &ball specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d1 that failure to cure the default on or before the date specified to the notice may result in acceleration of the sums <br />secured by this Security instrument and We of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the right to bring a court action to assert the non- existence of a default or any other <br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further <br />demand and may invoke the power of We and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />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 copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed 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 We 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; (b) to all sutras 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 mat ;e 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 nders 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 Secunty <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 />Other(s) (specify) <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 wit it; <br />.._<L rte, r1.C::...........(Seal) <br />JOes' R. ForrS <br />�,. f ✓ `' C?...... (Sea l ) <br />a :. >. :� ....... ..:......;......... <br />Louise M. For -.Go,ro- <br />(space 6040. rho Le» For Actnewteeptwnrl <br />STATE OF NEBRASKA . ............... Hall <br />.............. County ss: <br />On this ..... 2'Ith .. day of Recetobe>; ........... 19.8.5.., before me, the <br />undersigned, a Notary Public duly cotrmissioned and qualified for said county, <br />personal I carne .James .R. Ford .and LQuise M•..QCcl,. Aq,-J Vd Arid Aife, ......... <br />..................... ............................... to me known to be the <br />identical person(sl whose name(s) are subscribed to the foregoing instrument <br />and acknowledged the execution thereof to be ..11e.xr...... voluntary act and <br />deed. <br />'rYltness rry hand and notarial seal at ..S7;r lu Jslpr�3 ................. 1 <br />said cc.:nt_y, the date aforesaid. <br />Notary 1't�11 c <br />ssasaat rsraar -a «..r r.w.. <br />COLONES M. &FACER <br />w 0M% 6W MW l I!M .. <br />___J <br />