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g -- 3 02943 <br />TtioN-L %�IFf)R%7 COYEtiA VT3 Borrower and Lender further c,•vrnant and agree as ti ?Rows: " <br />19. Acceleration; Remedies, leader shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement in this Security Instrument Ibut not prior to acceleration under paragraphs 13 and 17 <br />antes$ applicable law provides otherwise). The notice shall 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 (d) that failure to care the default am or before the date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sale 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 sale 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 titteevidence. <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 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) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. upon acceleration under paragraph 11) or abandonment A the Property. Lender (m <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 b) 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 hands and reasonable attornevs' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Secuniv instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Secunty Instrument and all notes evidencing debt secured b% this Secu rtty <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty arid 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 ,rite to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by all Instrument recorded in the count% in which this Security lnstrument 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. Harrower requests that copses of the notices of default ,rid sale he sent to Horrower's <br />address which is the Property Address *CO \TT ".LIED BELOW <br />24. Riders to this Security Instrument. If one or more ndcrs are executed by Borrower drill recorded together with <br />this Security Instrument, the covenarus and agreements of each such rider ,hal! he incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(,) were a part of this Securlt\ <br />Instrument [Check applicable hox(es)) <br />Adjustable Rate Rider Condominium Rider _ -4 f-amiiv Rider <br />Graduated Payment Rider Planned Unit ne,elopment Rider <br />Otherts) fspecdsj <br />Hl SIGNING HFtriw, Horrowc, a,.cepts and agrees to the term, ,Ind cotenants c(,ntariied in ;his tecurlt% <br />Instrument and in any riders) executed by Borrower and recorded wish r <br />e <br />(Se} <br />Dennis" a Jenff ' S (Sea l <br />+ N lSea]1 <br />Joyc�`L. SenfE <br />ISPxe Below Ths Line For Acknowledgment! <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 of such person set forth <br />herein. <br />STATE or NEBRASKA....._. Hail ..._.- Cauntb' 6r: <br />On this _ 39111.. day of . Mfiy 19 $b_, before toe, the undersigned, a Notan• Public <br />(July commiKioned and qualified for said -unty, personally (.ante . <br />Dennts 4 S-enff and )oyce. L. Se off , husband and alfe, _ <br />to the known to he the <br />identical petsan(s) who.e nwnc (s) are ?ubscrihed to the fonigoing irtstrunient and acknowledgud till execu- <br />tion thereof to be their voluntary art and deed. <br />Mi <br />lhtint -+x Illy }land and notarial :Karl at . ` r uld t ;I ac.J, _ y;c!)r.tti4:li in affil tvnnnty, the• <br />date aforesaid. <br />i aMtfttt MrM' arr� <br />'I�Jy i `antrnivair n i x irt. S. D.1r01! <br />s.:. W has ELM It)- t1. ItIM <br />