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86-- 1087$8 <br />NON-"F(! COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. �mei <br />.'Rsia. Leader shall give notice to Borrower prior to acceleration following Borrower's <br />breach of my covenant or agreement is this Security Instrument: (but not prior to acceleration under paragraphs 13 and 17 <br />values appmeshk law provides otherwise). The notice shall specify (a) the default (b) the action required to ewe the <br />ddar*14 (e) a dais, sot Isis than 30 fain from the date the notice is given to Borrower, by which the default must be cared; <br />and M that failure to ewe the default as or before the dab specified In the notice may remit in acceleration of the now <br />seemed by this Seesrlty Instrsmsst and ask of the Property. The notice shall further Inform Borrower of the right to <br />niaeta. after acceleration and tie right to brhrg a cow action to assert the nos- existence of a default or any other <br />dohs of Ou sinei: w aoetMMies said oak. It the default k not cared on or before the dab specified in the notice, Lender <br />at Its option, MY ra411111'e bmsdlab 1 3 — 0 t In fail of all cams secured by this Security lastrument' without furtner <br />demand and way Invoke the power of tick and say other remedies permitted by applicable law. Leader shall be entitled to <br />F M A am'expa,as inerrsef in psrsairg the remedk3 provided in this paragraph 19, including, but not limited to, <br />rommo6k attaeneya' fans amd amts of tk:aevmes . <br />If the M*er of sale In invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property Is loafed and slam mall copies of such notice iw the summer prescribed by applicable law to Borrower and to the <br />other rpersons prescribed by appmabk law. Alter the that required by applicable law, Trustee shall give pablie notice of <br />ode is the person and in thou summer prescribe{ by applicable law. Trustee, without demand on Rorrower, shall sell the <br />Pro)erty at public auction to the blithest bidder at the time and place and wader the terms designated is the notice of sak in <br />one er mere pmrcmk and In my order Trustee determines, Trustee my postpone souk of all or any parcel of the Property by <br />psblk amnowseetusaai1 at the time and place of any previously scheduled oak. Lender or its designee may purchase the <br />Property at my sank. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The reeltak In the Trustee's deed shall be prima fade evidence of the truth of the statements node therein. <br />Trustee sham apply the prooeefs of the ode sou the following order: (a) to all expenses of the sale, including, but not limited <br />to, Trustee's fees an permitted by applicable law and reasonable attorneys' fees; (b) to all sons secured by this Security <br />Instrument and (e) my exe ma to the p esm or persons legally entitled to it. <br />2Q Lender is Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person. by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the <br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not <br />limited to. receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyanee. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />recomey 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 or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee <br />to 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 Borrower's <br />address which is the Property Address. <br />24. Riders to this Seem ty Instrament. If one or more riders are executed by Borrower and recorded together with <br />this 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 <br />Iac*.rument. [Check applicable box(es)) <br />® Adjustable Rate Rider u Condominium Rider ( 2-4 Family Rider <br />Graduated Payment Rider ❑ 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 <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />...... ...... ..4��!` ...............(Seal) <br />5te�ten` I �zncaster <br />Pamela F�bOi�" Lancaster <br />(Space a.p.w TV* Lm For AduwwN 1VrAmj <br />STATE OF NEBRASKA . ... .........fail.................. County ss: <br />On this ..... th.... day of ................... r 19. 86 before me, the <br />undersigned, a Notary Public duly copmpissioned and qualified for said county, <br />personally came .der. Stephen Iarrcaster, apd. Pa la, Fly.zW)pj . <br />Husband 4nd Wife <br />................................................... m <br />to e known to be the <br />identical person(s) whose name(s) are subscribed to <br />the foregoing instrument <br />and acknowledged the execution threreot to be ... 1 7F..... voluntary act and <br />deed. <br />Witness my hand and notarial seal at .......Grarxl IsLarri in <br />said county, the date aforesaid. <br />.... ........ <br />?.b'.: <br />I <br />,+yr Ccwrrri.ssio:; E�c}:;rez;: <br />mll�wlhi tf rhaYa <br />roam Mega it M <br />