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r- 86-- 106291 NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration foUowiag Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration snider paragmpbs 13 and 17 mesas applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, no less than 30 days from the date the notice is given to Borrower, by which the default must be cared; 1 end (4) that failure to core the def mit on or before be date specified in the notice may rswlt in weeleration of the sums i or by this Security butrnment qd sale of the Property. The notice shall further inform Borrower of the right to rdm tare after, acceleration mad the right to bring a court action to assert the noa.existeem of a default or any other defense of Borrower to acceleration and sale. If the default is not cured our or before the date specified in the r at its option may require Immediate payment in foil of all auras secured by this Security Instrument without farther demand aid say invoke the power of sale and any other remedies permitted by applicable � but lot limited ntientitled to, collect all expenses incurred in parsiiag the remedies provided is this paragraph 19, reaoaable attorneys' fees aid costs of title evidence. of the If the power of sale is invoiced, Trustee shall record a notice of default in each county in which any part 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 time required by applicable law, Trustee shall give public notice of ask to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee nay purchase the Property at any sale. 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 facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order. (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender 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 attorneys fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey 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 erty Security I st es conferred upon Without conveyance of the Prop, the successor trustee shall succeed to all the title, power Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. Riders to this Security Instrument. If one or more 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) were a part of this Security Instrument- [Check applicable box(es)] E] 2-4 Famil y Rider Adjustable Rate Rider a Condominium Rider Graduated Payment Rider ❑ Planned Unit Development Rider Other(s) [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 with it. �c- lr" ....................(Seal) ECORY ANDERSON -43'rr� -J� 5 LY L. ANDERSON [spec* seww this Line For Admowwdement) STATE OF NEBRASKA, .. ......V64L ..................... County ss: on this 31, gt ...... day of ... OPtOPI"............ 19..66 , before me, the undersigned, a ttaa.ff�'yy Public dul commissioned and qualified for said county, EGORT S. ANDERSONyand SALLY L. ANDERSON. HUSBAND AND WIFE_ personally came ..... ............................... to•me known to be the identical person(s) whose names) are subscribed to the foregoing instrument and acknowledged the execution thereof to be tnetr voluntary act and deed. GRAND ISLAND In Witness my hand and notarial seal at ........................... said county, the date aforesaid. e , � :1'CL(: ✓.'. l.4�� ................ Noy eery ibl ie ry My Ccxmrn ss i or: Exp 1. re> : -- -�- -� EM MiAiY Stltt of MII► tank lA0111MA L N50 f� 31, iR0 I