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8G-- 103210 <br />NON - UNIFORM COVENANTS. Borrflwtrww Lender further covenant and agree as follows: <br />It. Acoeleration; Remedies. I enter shill give actice to Borrower prior to acceleration following Borrowers <br />breach of any covenant or e.0 - I - "in this Security iaslraiaemt (but not prior to acceleration under paragraphs 13 and 17 <br />sdess law prorida otberwise). MW Notice shop specify: (a) the default; (b) the action required to cure the <br />defSE14 (c) a date. sot less than 30 days from the date the notice is given to Borrower, by which the default must be cared; <br />and (d) that failre to ere the default on or before the doe'specifad in the notice may result in acceleration of the sums <br />by this Scessr" h s(rument and sate of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the risk to bring a court action to assert the non-existence of a default or any other <br />eeere of Borrower to acceleration and sale. If the default is mot cured on or before the date specified is the notice, Lender <br />at its spa ve may resistive immediate psymment in full of all stems secured by this Security Instrument without further <br />demand and Wray Woke the Power of sale and Say other remedies permitted by applicable law. Lender shall be entitled to <br />collect AM expenses hscmm""d in Pursuing the mmedim provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' tea am costs of tideevidence. <br />If the power of sale is invoiced, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall nail 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 tine required by amdicable law, Trustee shall give public notice of <br />sak 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 />ome or raOre hands 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 sebeduled sale. Lender or its designee may purchase the <br />Property at ay 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 is the Trustees deed sball 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) soy 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. 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 <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 riders) were a part of this Security <br />Instrument [Check applicable box(es)] <br />Adjustable Rate Rider i Condominium Rider 2-4 Fami}v 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 />IN WITNESS WHEREOF, Borrower has executed this Mortgage. <br />(Gary L. O erturf)�4 no..owc� <br />k%� .......... ..................... <br />(Marnlyn J. verturf) _Be. „o eT <br />STATE OF NESItASKA, ... Ha IJ .... ............................... County ss: <br />OIt this .....1Ath ........day of.. June.........., 19. 86., before me, the undersigned, a Notary Public <br />duty commissioned and qualified for said county, personally came. Gary. L.. -& .Marilyn .l..Oxerturf,... . <br />. husband .and .wife ....................... ............................... to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be ... thVif ........ voluntary act and deed. <br />Witness my hand and notarial seal at... Grand..IsJarkd, . Nebraska .............. in said county. the <br />date aforesaid. <br />My Commission expires: \ ^ \ <br />WINFleur wu_ ............. ... <br />/.�..u,,��wr•o t d it"1 NoLry pub hc <br />*/W f�. "ti <br />t <br />t <br />