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<br />86- 103098
<br />NON - UNIFORM COVENANn Borrowerand Lender further covenant and agree as follows:
<br />19. Accekratioa9 Ramedia. Leader notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in thin Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />aakas ahlic," law provides otherwise). The notice shalt 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 most be cured;
<br />and (i) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />seenrei by tkk Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />rehwwe after acceleration and the right to bring a court action to assert the non-existence of a "nit 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` my require immediate payment in full of all sums secured by this Security Instrument without further
<br />demand and may Invoke the power of ale and any other remedies permitted by applicable law. Leader shall be entitled to
<br />collet all expenses incurred in pursuing the remedies prodded 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. Truetee, 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 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 incorporates; 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 />7 Adjustable Rate Rider ❑ Condominium Rider F� 2-4 Family Rider
<br />R Graduated Payment Rider r'-1 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 zDavi it
<br />. (Seal)
<br />C. Brown — ao..o.K.
<br />,f
<br />.. .........................(Seal)
<br />G1egda Brown
<br />[SW* Below this line For Ack * ledw w
<br />STATE OP NEBRASKA. .. ......lini ..................... County ss:
<br />On this ....IM... day of ..JPPP .............. 19.86., before me, the
<br />undersi(gned, a Notary lrsblic duly commis,roned and qualified for said county,
<br />personally came ... Gr. NIY 4I. 13K9wP. §�- 49F4 ,. Brown,t , Husband, and. Wife, _ . , , . , , ,
<br />..................... ............................... to me known to be the
<br />identical person(s) whose names) are subscribed to the foregoing instrument
<br />and acknowledged the execution thereof to lx ..their,,,.,. voluntary ac.t and
<br />dEK--d .
<br />Witness my haul and notarial seal at • .. Grand, Island ....... . ........ in
<br />said county, the :ate afoi said.
<br />; -q r
<br />NotarV i'ub1ic to
<br />MY 'ottrnl;ssion :rtl t.te
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<br />MNIaK aMeART -rune M Met,edy ..
<br />DOlORES M.BERGER
<br />th Gram Euy Ater 4 1 tp
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