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NON- UNIFORM COA /4;NAN7S- $orn >wc -r : , i f -ra -;ter funhcr anenattt anti ,grc g c 1, f 104097
<br />-t 104097
<br />19. Acceleration; Remedies. fender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument t but not error to accelcrat ion under paragraphs l3 and
<br />1? unless applicable law provides otherwise). The notice shall specify: (a ) the default, (b) the action required to cure the
<br />default; (c) adate. not less than 31) days from the date the notice isgiven to Borrower, by which the default must be 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 sale 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 not cured on or before the date specified in the not ice,
<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 be
<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 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 «) the
<br />other persons prescribed by applicable law. After the time requi rcd by applicable law, Trustee shall give puhlic not ce of
<br />sale tothe persons and in the manner prescribed by applicable law. Trustec, without demand on Burrower, shall sell the
<br />Property at public auction to the highest bidder at the t intc and 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 timeand 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 he 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
<br />limited to, "trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this
<br />Security Instrument; and (cl any excess to the person or persons legally ctttitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph I') or abmidonuustt Ill the Property. Lc•uder lin
<br />person, by agent or by judicially appointed receiver shall be entitled r, enter upon take ,f and manage the
<br />Property and tocoliect the rents of the Property Including those pa,i due Ali-,, ants c ,l;cr,eci by LeaA.er t4 the reccik.cr shall
<br />be applied first to payment of tire costs of management of the Property and a,llection of rents, ntduding, but not !united to,
<br />receiver's fees, premiums on receiver's bonds and reasonable arrorncv, tiers. anti then to the sums secured be this Seatir
<br />Instrument.
<br />21. Reconveyanee. Upon payment of all sung secured by rigs tie•curir, Insrr:urtc•nt, Lender ,hall request 'Frusree to
<br />re•cunvey the Property and shall surrender this Security Insirumcor and al! notes cvidenr rig dcht secured by this Security
<br />Instrument tit Trustee. Truster shall rcnonvey the Property without aarr,lnm ant' withour citorgc n, the person or persons
<br />legally entitled to it. Such person or persons shall pay any recordation cis❑
<br />22. Substitute Trustee. Lender, at its option. ma) front time to rime rcmme 1 'r:arr12 anti appoint a,ucce•ssor trnstL•e
<br />to any Truster appointed hereunder by an instrument rccoalcd in the count Iii :yClich thus Seeulrity Instrument is recorded
<br />Without conveyance of the Property, tyre successor trtutre ,hall succeed to a!1 tire title, pot, er .ind duties conferred upon
<br />Truster herein and by applicable law.
<br />23. Request for Notices. Bornmer requests that copies of tile notices of dc•lauit and ,ale be sent to Borrower's
<br />address which is the Property Address. Borrower farther requests that tropic, of the nutiLes of do'lult .Ind sale he sent ro each
<br />parson who is a party hereto at the addre,s of sadi person set forth herein
<br />2.1. Riders to this Security Instrument. If one or more riders err cxeccted hp Burrower and rearrded rogethcr with
<br />this Security Instrument, the covenants and agreements o,` rash such rider shall br incorporated rote, and shall amend and
<br />supplement the covenants and agreements of this Seruriry instrument ..s ii rile 'AL7C I part of this Sectirity
<br />Instrument IChe•ck applicable box(es),I
<br />❑ Adjustable Rate Rider ❑ C.ondnminiuln Rider ❑ _'- ! FarmIN, Rider
<br />❑ (iraduated Paymenr Rider ❑ Planned Unit Devclop icnt Rider
<br />❑ Other(s) Ispecify I
<br />BY SIGNING BELONG'. Borr %%cr accepr; .Ind Igrccs nI rile T('nn, anti royen.:nt, aatra{neri art till, Sccurir
<br />Instrument and in any riderls) executed by Bonrxeer and recorded'ilh it A
<br />Clyde L. Church Borrower
<br />Y � l.�Ltt! .�. �.1.��WY.�4! ✓.......... :,cal;
<br />Marilyn h. Church - Borrower
<br />- --- -- - - - - -- !Space Below Th.s Linn Fo, Acknowledgrnentl - - -- -- - - - -- —
<br />.STATE O1' NEBRASKA. ......... Hall ............................
<br />On this ....... 17th....... 1 -
<br />r., y (If ........ July ..... . ..`t.- $O,bclurc Ile urntcr,i,cncrt..IN,,tal} I'ubur
<br />duly commissioned and qualified for said county, pe•rsorrislly ran;c .. C1.vde. J_ Church. and .................... .
<br />Marilyn .K.. Church, .faushand. and. wife ............. J....................
<br />identicalpersun( Ow hose na nlc Is) arc subscribedtothe faregl,ingmstn III( rit"!),I It,ig(dthrcxrruw,n: tuic, IfIabe
<br />.... ....their ...................... voluntary ace anti decd
<br />Witness my hand and notarial seal .0 ..Grand . lslaud,..Nebraska. ... ,u, +, rol:nrc. lice ri,Irr
<br />aforesaid.
<br />Mt' Commission expires March 10, 1990
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<br />IXaft E Ilpl1
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