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86- 105140 NO1- UNnORM CtAtNAVTS Borrower and Lender further covenant and agree as follows: 19, Acceleration; Remedies. Leader shall give notice to norrower prior to acceleration following Borrower's breach of 1, any co -enant or sgr"ment in this Security Instrument (but not prior to acceleration under paragraphs 13 and 11 unless r applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that ' taffore to cure the default on or before the date specified in the notice may malt in acceleration of the sums secured by this " Security Instrument and sale of the Property, The notice shall further inform Borrower of the right to reinstate after (. acceleration and the right to bring a court action to assert the nonttdatenee of a default or any other detente of Borrower to acceleration and ask. It the defauh is not cored on or before the date specified In the notice, Lender at its option may require immediate payment in fan of an sums secured by this Security Instrument without further demand and may invoke , the power of sale and any other remedies permitted by applicable law. Leader shelf be entitled to collect all expenses Incurred is parsuing the remedies provided in this paragraph 19, including. but not, llmHed to, reasonable attorney's fees and costs of title evidesce It Ike power of sale is Invoked, Trustee shall record a notice of default in eacb county lm which any part of the Property Is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other "persons prescribed by applicable law. After the nine required by appicabk law, Trustee shall give pubilk unlike of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower; skull will the Property at public auction to the highest bidder_ at the time and place and under the tests designated is the notice of sale is user or . more parcels and In any order Trustee determines. Trustee may Postpone oak of or any pared of flee Property by public nnoaaamenl at the time and place of any previ ously scheduled sale• Lender or Its designee may purchase rise Property at A" smile. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. . The recitals in the Trustee's deed shall be prima tack evidence of the truth of the statements made therdn. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sak, induding; but not limited to, Trustee's fees as permitted by applicable law and reasonable atoorne,'s fm: @) to all sums secured by this Security Inatrutneat and (c) spWevrem to the person or persons legally enttkd to It. 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (m person_ by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property aad " to called the rents of the Property including those nnst + " ^; r '.fi'teai cy "render or the receiver shall be applied !first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sutras secured by this Security Instrument, 21. Reconveyonce. Upon payment of all sums secured by this Security' instrument, Lender shall request. Trustee to teconvey the Property and shall surrender this Security instrument and ail notes evidencing debt secured by this, Security instrument to Trustee. Trustee shall recoavey the Property without warranty and without charge to the person or persons . legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender. at its option, may, from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security instrument is recorded. Without convevance of the Property, the successor trustee shall succeed to all the title, pourer, and duties conferred upon Trustee herein and by applicable law. 23. Request for !Votlees. Borrower requests that copies of the notices of default and We be sent to Borrower's address which- is the Property Address. 24. Riders to this Security lustrameat, if one or mote riders are executed by Borrower and recorded together, with this Security Instrument, the covenants and agreements of each such rider shall be ;incorporated into and shall: amend and = supplement the covenants and agreements of this Security Instrument as if the rider(s) was a part of this Security Ittatiaorent_ (Check applicable box(es)] I Adjustable Rate Rider r Condominium Rider E: 2.4 Family Rider - 3 Graduated Payment Rider r-t Planned Unit Development Rider D Others) [specify] BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in. this Security instrument and in any rider(s) executed by Borrower and recorded pip lit. u - (Seal) Peter L. Molsen' f (Seal) Janelle Molsea STATE OF Nebraska Hall SS; COUNTY OF { 11 the ,*r dye,�r�siened , a Notary Public in and for said county and state, do hereby certify that -, - _Pgrpr I I gee d T l l e Mn v - personally appeared before me and is (are) known or proved to me to be the person(s) who, being informed of the contents of.the foregoing instrument, have executed same, and acknowledged said instrument to be their free and voluntary act and - truu her, tberr deed and that they executed said instrument for the purposes and uses therein set forth. - LWitness day Splirp,lipr 19 >;f+ my hand and official seal this LOrh of h My 1110TIIAY•Stale H Mtlrasla �eGEI DENISE KAY LOWRY (Seal) ' Mt Cantu• Es/ laL X IV _. Notary This instrument was prepared