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S6... 102581 <br />Notr- U%iFORSt 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 is this Security Instrument (but ant prior to acceleration under paragraphs 13 and 17 <br />=less applicable lacy provides otherwise). The notice shall specify: (a) the default: (b) the action required to cure the <br />defptt; (c) a date, not leas than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failare to care the defanh no or before the date specified in the notice may result in acceleration of the sums <br />seessed by this Security Instruateat and ask of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the right to bring t court action to assert the non-existence of a default or any other <br />defense of Borrower to acceleration and ask. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may re"ire iatnediste payment in full of all sums secured by this Security Instrument without further <br />demand and way invoke the power of sate and nay 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 />reasottehk 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 />sal 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; (b) to all sums secured by this Security <br />Instrument; and (c) say excess to the person or persons legally entitled to it. <br />20. Leader in Possession. Upon acceleration under Paragraph ly 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. Reeonveyance. 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 "r . <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. *CONTI iQ1ED BELOW <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 Rader 2-4 Family Rider <br />r Graduated Payment Rider Planned Unit Development Rider 4 <br />Other(s) [specify' <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and cotenants contained in this Security <br />Instrument and in any riders) executed by Borrower and recorded with it <br />DAVID E. ABBOUD, INC. <br />......... .... ...a. .....f,r ............... .. _...... (Seal) <br />Davie .fi A d rent — Pz,,cWe` <br />f....................... .....(Sea]) <br />(CORPORATE St.. -u,) <br />-- (Space Below This Line Fw Acknowledgmentl — <br />*Borrower further requests that copies of the notice of default and notice of sale he <br />sent to each person who is a party hereto at the address o- such person set forth <br />herein. CORPORATE ACKNOWLEDGE-MENT <br />STATE OF NEBRMKA ......... ......... _.......... . ......... ................................ ------ County ss: <br />HOn this ..... - ...................... day of ............................. 19..- .. - -., before a h},e nd i �� Nom�,, Public <br />-a a �aL$d ,,g $Not dent <br />drily commtaroned and quabfied for card county, personally came --•- • . ... .... ......... . . ... . <br />3 "0oud ._DAVID -t:-•- ,- ----- ..... ... ....... •--- •- --- --- •-- -• -- -. -------".........--".......... ............................... <br />................................. I ..................... who are known to me to be the <br />Q 0 identical person re s) whose name(s) a subscribed to the foregoing instru -ment and acknowledged the exec-u- <br />y .. tion thereof to be ...... - . -. ...... ME. E. _. voluntary act trod deed of sa i d <br />i corporation. <br />l.. � iJ <br />.-4 L` <br />Witness my hand and notarial seal at ............ in .-aid county, the <br />Auto aforimud. <br />My Cnntmission etpiruu: � <br />.ii ... _ 1. .. <br />W- nrr an i •yval Employment f )pl,nrtunit;: ;:yti rnnht a• aa, ton ttiti,i ,nr. r 70,'� <br />i <br />