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86-- 103896 <br />NON -1 ' NIFORM COVENANTS. fiorr„wc jnd 6 c mt hireter c „vettanr nd : nc foil ,w -s <br />19. Acceleration; Remedies. tender shall give notice to Borrower prior tit acceleration following Borrower's <br />breach of any covenant or agreement in this Security Instrument that not prior to acceleration under paragraphs Hand <br />17 unless applicable law provides otherwise). The notice shall specify: (a) the default; till the action required to cure the <br />default (c) a date, not less than 31) days from the date the notice is given to Borrower, by wh ich the default must he cured: <br />and (d) that failure to cure the default on or before the date specified in the notice may, result in acceleration of the sums <br />secured by this Security Instrument and safe of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or any <br />other defense of Borrower to acceleration and sale. If the default is nor cured on or before the date specified in the notice, <br />Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without <br />further demand and may invoke the power of sale and any other remedies permitted by applicable law-. Lender shall he <br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not <br />limited to, reasonable attorneys' fees and costs of tide evidence. <br />If the power of sale is invoked, Truster 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:md place and under the terms designated in the notice of sale <br />in one or more parcels and in any order-Trustee determines. Trustee may postpone sale of all or any parcel of the Property <br />by 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 hid. 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: (if) to all expenses of the sale, including, but not <br />limited to, Trustee's fees as permitted by applicable law • and reasonable attorneys' fees; ib) to all sums secured by this <br />Security Instrument, and tc) any excess tit the person or persons legally entitled to it. <br />20. Lender in Possession. i_%pttn acceleration under parr•griph P) or abandontltent ld the Prnpe•rrc. l.c•nelc•r tin <br />person, by agent or by judttially apix?inted rc•ce•iver� shall lx cntnie•d to enter upon, r,ikt posseSaiom „t and m:mage the <br />Properry and w collect the rents of the Property including thou• p.tst d„c .ern tents a,llcttctf by I t ndt i or :he receitershall <br />be applied first ru payment of the roses of mauagvnient of tut, Property and colicrnon tA rents, int iudntr. but not limited to, <br />receiver's fees, premiums tin receiver s bonds and reasonable atit,rnec, fees. and rhen n1 ihe• sumo secured by [his SCeUrity <br />instrument. <br />21. Reconveyance. Upon payment of all ,tints secured ht this Senuny insn uncut. Linder siiall request Trt1S(ee to <br />reconvey the Property and shall surrender this Jewritt: Instrument ,in,i Al mires ctidentinr de•hr scturrd by rhrs'Securin <br />lnsirumeor ro Trustee Trustee Shall recunycy the Property wnh,nit •,varranty .utd wirhomr thaigv (n the perstrn ur persons <br />legally entitled to it. Such person ur persons •:hall pay any recordation ants <br />22. Substitute Trustee. Lender —it rrs option, mey from rime• to nine rc nnxc hnistre and appui r.; .i ,ucu•s,ur it ustce <br />to any Trustee appointed hereunder by en instrument reloaded in the t;a;nta tit winch ttus Scu:rt< lnsrtumcnt i, rca,rd d <br />\Without conveyance of the Property, rile SUCf e55ur trustee sit,ill ,uetcc lit , ail tilt- m1c, l,imcr and duneS t„ntcrred ! :j'On <br />Trustee herein and by applicable law• <br />23. Request for Notices. Burrower requcsrs that tmpirs „f the nt,ntrs ,f deLuilt ind ,,,ter he sent to li->rrnwcrs <br />address which is the Property Address Burn,wer further requests rliat ct,piesc,t the nnrurst,f dcfauh ,:n.i S.ilr be Sent r�>eitch <br />person who es a pxtrty lit-rero at the adl'�ess ,4 such perst,n ,et forth hcrem <br />24. Riders to this Security lnstruntent. It our our tn<tte nder, arc uxetuteti bs liorr,w L .uiti 1e111t,icd t,tt;ethcr whir <br />this Security instrument, the covenants and .tcrcements tit cavil such rider ,hell he nuurhi,r aic•d lulu au.l •;hA! anic nd and <br />supplement the cmcn,ults and agret-nxrnr, „t tilts Se,. ;nri L *isrrt;i,tret as :I :he n• :ict , .uric , it till, �ctur.;t <br />hstrument. Check applicable lx,xiesi <br />❑ Adjustable Rate• Rider (.ttndurWn Pit n l(ider �- Fannh Hider <br />0( raduaied Paylncnr Solo ❑ Plannct; I'm i Dc'( Kidtf <br />❑Ofherts; I spec ifyI <br />BY SIGNING BELOW, Born>wer carpus and :);errs to the torn, anti u,tcnann <'nuanied tit rhi, srcurrtt <br />list rumenI and in any ridcrsi exectited by Borruwrr an.' ru —riird \sift it <br />?� � yIL� mil+` ' _.Q/ti- •�C-•� <br /><cai; <br />Charlene S. Carter, lormerly •known as <br />Charlene S. Piet a/l Charletye <br />�__ Kay "�i 'ZfY <br />X <br />James L. Carter <br />{Spec. Bxluw This Lute Fnr Aeknowleagn,entl <br />STATE. OF NF13RASKA, ... Hall....... <br />Oil [ills .. :.. 9th......... day of .......July.. .. 46 itu_at tic ;li( t :mdtr, •rirtl. .: \'t tout Puhln <br />duty a>mmissioned it 'd ) uahhcd for sand ;uun[t, pc st n,:i!, :,tine Charlene, .5., Carter, . Lgrmerly known . as <br />fiuq;iiid <br />Ch4ZIP 44.5.. Pl�l..4 )It .OAT.k@ne. KaY. PAO. and. James. j-.. Cdrt€F.r. w :e . ondi„ It( . 11, 1\k it t, I N ;!,c <br />identical personis ) Whose n,urnt—s lrrsuhstriixd[1�ihrh�rr in,tru:nuni.ni :'et rniuk.i utirncrxct,irenrlic�etdt :.ht- <br />I .........tbeix ...... ....... .. auur..t Litt .1111{ dtk'd <br />WhnCBS my hand and not,tnal sr,tl et Grand Island, Nebraska. <br />. ... . ... .. .0 ,. _.. ,•u �,tt. illy tlatc <br />Acitesaid- <br />My C:nmmission expires March 10, 1990 <br />7 jjaft�EWW11111 <br />1119whill In, am 10 1" it "N I <br />