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<br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: `
<br />19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in tins Security Inrirnment (but not prior to acceleration under paragraphs 13 and 17
<br />mien applicable, law provides otherwise). The notice shall specify: (a) the default; (b) the action required to care the
<br />default; (c) a date, not leas than 30 days from the date the notice is given to Borrower, by which the default ~ be erred;
<br />and (d) that failure to care the default on or before the date specified is the notice may monde In acceleration of the await
<br />secared by this Security Instrument and ask of the Property. The notice shin frether inform Borrower of.tbe right to
<br />reinstate after acceleration and the right to bring a court action to assert the two- existean of 'a defte t or any Other
<br />defense of Borrower to acceleration and sale. If the default Is not cured on or before the dab specified Is tbe,notiee, Leader
<br />at its option may require immediate payment in fall of all awn secured by this Security Iastrrwant without,furfier
<br />demand and may invoke the power of ask and any other remedies permitted by applicable law. Leader won be entitled to
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, bat 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 person prescribed by applicable law. After the time required by applicable law, Trustee shelf give public notice of
<br />sale to the person and in the manner prescribed by applicable law. Truste. , without demand on Borrower, aban sell the
<br />Property at public auction to the highest bidder at the time and place and tender the terms designated in the notice of sale it
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of an or any parcel of the Property by
<br />public announcement at the time and place of any previously scheduled sale. Lender or its designee way purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trutee'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 sball apply the proceeds of the sale in the following order. (a) to all expenses of the sale, iacludimp, but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to an 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 sutras 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 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 />,7 Adjustable Rate Rider Condominium Rider 2-4 Family Rider
<br />Graduated Payment Rider 1 Planned Unit Development Rider
<br />❑ Other(s) [specify]
<br />BY SIGNIN , 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-w;,th it _
<br />..... .........................(Seal)
<br />Robert J. Z pay
<br />7)
<br />(Seal)
<br />Patricia Patricia B. Zipay
<br />tSPxe Behr Tlm Una For Ackrmwledrment)
<br />STATE OF' NEBRASKA. .........liaLiA .................... County ss:
<br />On Lhis ... 17Q ... day of ...... June........, 19. 86, before rre, the
<br />undersigned, a No:<iiv PA-,lic• duly c•ommissioneci and qualified for said county,
<br />personal l y art e . RQ)7eIzL .1. Zipay. ar 4 PAtxi.Ci a B, .Zipay.,. 1lusband and Xi fa .. .
<br />................... ............................... to rile known to be the
<br />identical pi =_rson(st whose naiTe(s) are ,Lihs ,-ribs i to�rhe foregoinq instrument
<br />and acknowl, -dged t1-:e c-xecut von rhe•rec f lx' ....thei. .... voluntary act and
<br />W: t ness ,Tv h i r-d -+ r ia, 1 : -a 1 ,i t , ...Ccar4 J ar-4 ............... in
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