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86--ar 106270 <br />NON•UNIFORNI COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of <br />any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless <br />jppUcAk low provides otherwise). The notice sbaN specify: (a) the default; (b) the action required to cure The default-, (c) a <br />do*, w ka dusts 30 days from the date the notice is given to Borrower, by wbkb the default must be cured; and (d) that <br />falim to ewe The default on or before the deft specified in The notice may result In acceleration of the sums secured by this <br />Security Instrument Bud sale of the Property. The notice shall further Inform Borrower of the right to reinstate after <br />acceleration wad the right to bring a court action to assert the woexistem of a default or any other defense of Sorrower to <br />,ccelanoon and sIde. u Me deftak is not cured on or before the date specified In the notice, Leader at Its Option may <br />nquire Immediate paymesst Is full of ON sum secured by this Security IN$tfummi without further demand and may Invoke <br />the power of ask and any other remedies permitted by applicable low. Lender shall be entitled to collect ON espesen incurred <br />IN peneft the rensedks provided in this paragraph 19, Including, hot not United to, feasonsisk attorney's tea and costs Of <br />title evidence. <br />If the power of sale Is Invoked, Trustee shall record a notice of default in each county in which BOY part Of the <br />Property Is located and shall mail copies of such wadce in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable low. After the time required by applicable law, Trustee shall give public notice of sale <br />to The persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property <br />at pnbIk section to The highest bidder at the time and place sod under the terms designated In the notice of sale in one or <br />more psacds all to Bay order Trustee determines. Trustee may postpone sak of all or any parcel of the Property by public <br />announcement at The doe sad place of any previously scheduled sale. Leader or Its designee may purchase [be Property at <br />my ask. <br />Upon receipt of payment of the price bid, Trustee shall deliver to The parchaser Trustee's deed conveying the Property. <br />The recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements mode therein. Trustee shall <br />apply The proceeds of the sale In Ike following order: (a) to all expenses of the salle. Including, but not limited to, Trustee's <br />fees On permitted by applicable law and reasonable attorney's fees; (b) to all sums secured by this Security Instrument; and (c) <br />any excess to the person or persons legally entitled to It. <br />26. Leader Is Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, <br />by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and <br />to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied <br />first to payment of the costs of management of the Property and collection of rents. including, but not limited to, receiver's <br />fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Security Instrument. <br />21. Reconveyawe. 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 OF Persons shall pay any recordation costs. <br />22. Subedlete Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to <br />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 Borro•er's address <br />which is the Property Address. <br />24. Riders to this Security lastrumesit. If one or more riders are executed by Borrower and recorded together with this <br />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 Instrument. <br />[Check applicable box(es)) <br />(R Adjustable Rate Rider Condominium Rider -7 2-4 Family Rider <br />❑ Graduated Payment Rider E: 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 Instrument and <br />in any rider(s) executed by Borrower and recorded with it. <br />(seal) <br />Robert E. Anderson <br />(Seal) <br />Rosemarie M. Anderson <br />STATE Of Nebraska <br />Hall SS: <br />COUNTY OF <br />the undersigned a Notary Public in and for said county and state, do hereby certify that <br />Robert E. Anderson and Rosemarie M. Anderson , personally appeared <br />before me and is (are) known or proved to me to be the person(s) who, being informed of the contents of the foregoing <br />instrument, have executed same, and acknowledged said instrument to be their free and voluntary act and <br />(h". <br />they <br />deed and that executed said instrument for the purposes and uses therein set forth. <br />IM. ,rte, therl <br />Witness my hand and official seal this 31st day of October ig 86 <br />My Commission Expires: <br />kbaskA -e (SCal) <br />16*,,-,�*f ol <br />AYLOWRY Notary Public <br />DFNCJISF =K <br />Z <br />�, t; An n 1987 <br />of Comm Elp An h 1987 <br />This inst <br />