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86- ..103035 <br />NoN-UN[FoRM CovEN:yTats Borrower and Lender feather covenant and agree as follows: <br />19. Acceleration; Remedies. lender shall give notice to Borrower prior to acceleration following Borrower's <br />bract of apy vempt or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 11 <br />MAM aik law ►'senor otherwise). The notice shall specify: (a) the defsalt; (b) the action required to care the <br />detselt; (e) a shoe, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />mad (d) that !nitre to awe the default on or before the date specified in the notice may result in acceleration of the sons <br />seenee I by this Security Imst ruatent and ask of the Properly. The notice shall further inform Borrower of the right to <br />ritlustate "slier acceleration and the right to bring a court action to assert the non-existence of a default or nay other <br />defenst of Borrower to secelerttlon and sale. If the default is not cured on or before the date specified in the notice. Lender <br />at its option M' retpsire immediate payment is full of all sums secured by this Security Instrument without further <br />demand and My lorroke the power of sale and any other remedies permitted by applicable law. Leader shall be entitled to <br />collect aB expmu" incurred In pursuing the remedies provided In this paragraph 19, including, bet not limited to. <br />remo mble attorneys' few and costs of title evidence. <br />If the power of sale is Invoked, Trustee shall record a notice of default in each county is wbkb any part of the <br />Property is located and shall mall copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other pteratrus prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />mile to the persons and in the mamw prescribed by applicable taw. Trustee, without demand on Borrower, shall sell the <br />Property at public suction 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 say paml of the Property by <br />public aaomoement 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, iaeludbrg, but not limited <br />to, Trustee's fees es 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. Leader 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 pact 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 />11. Reeonveyanee. 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 nder(s) were a pan of this Security <br />Instrument. [Check applicable box(es)) <br />Adjustable Rate Rider [` Condominium Rider J 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 with it. <br />l� <br />;.......t<. z..... -.. �.......s:.:�::..L; .:L:'.- zrr... ....... Seal <br />Charles L. VanOstrand <br />r.. }4_: .Seal <br />Darlene L. Van0.strand __........80"Owe, <br />-- [Spxe 0010. Tt,s Line Po. Ackne.teerma.,ej <br />STATE. OF NEBRASKA, .... Hal% County SS: <br />Ott r s ...nth .... d ly ... Jiuta ............ 19. lift , before rte, the <br />Kiersigned, a :,,;atary Pzbl -ic duly c'orrdss,onec3 and qualified for said county, <br />per sona11y cam - ... Char Ias L. VarYlstrand and DAr.1jui 1... XAMatrand,. iiuslxw%d and Wife. <br />..................... ............................... to rte ktx -.T: to be the <br />ident.i.cal pers;Dn( ? wttose ^arr(s) are subsc r tzd to the foregoing instrwTent <br />and ackrxn:ledakx the exF- v'lcr' he—,f ! be .. the.:�r ..... voltstar -y act at?c' <br />ch�ed . <br />wlt:rti}...- s ;P nar&i 3"GI r;n 1 -3* jai 4 ci'. ...Grand. IslarlC3 ................ .n <br />o7, �-i:r., _ ...... , <br />M���_pp� r+tra..•r <br />� pt7lpflf8 Mt. gERGE.tt <br />