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86-- 107,370 NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: it. Acceleradon; Remedies. tender shall give notice to Borrower prior to acceleration following Borrower's breech of any covenant or agreement in this Seem* histrameo (but not prior to acceleration under paragraphs 13 and 17 maless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the detaalt; (e) a date, not less tlum 30 days from the duce the notice Is given to Borrower, by which the default must be cured; =6 (d) that failare to cure the default on or before the date specified in the notice may remit in acceleration of the sutras or I,' by (Ibis Security Instrument and sale of the Property. The notice shall further inform Borrower of Qe right to reinstate after acceleration and the right to bring a court action to alert the not- existence of a default or any other release of Borrower to acceleration and sale. If the deleted( is not cured on or before the date specified in the notice, leader at its opdm may requh Immediate payment in hill of alt same seemed by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to coiled an expenses incurred in parmtig the rP 'm provided in this paragraph 14, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice is the mane" prescribed by applicable law to Borrower and to the other persons prescriber by applicable law. After the time required by applicable taw, Trustee shall give public notice of sale to the persons and in the roamer prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property st public auction to the highest birder at the time and place and under the terms designated in the notice of sale in one or more parcels and is 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 my previously scheduled sale. Leader or its designee may purchase the Property at any sale. Upos receipt of payment of the price bid, Trustee shall deliver to the purchaser Irustee's deeds 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 sod reasonable attorneys' fees; (b) to all stems secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Leader in Possession. Upon acceleration under paragraph 14 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. Reeonveyasce. 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 Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon 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. Borrower further requests that copies of the notice of default and notice of sale be sent to each person wfio is a party hereto at the address of such person set forth herein. 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)] Adjustable Rate Rider Condominium Rider 2-4 Family Rider Graduated Pavment Rider Planned Unit Development Rider Other(s) [specify] BY SIGNING BELOW. Borrower accepts and agrees to the ter and covenants cpptained in this Security Instrument and in any rider(s) executed by Borrower and recorded with ............. ...... .% ... . (Seal) ry D. Miley ' t} r ZL 1 _ Carol A. Miley •-±- --��, STATE or NEHItAsKA .......... ._.,.Hall _ .- ._....- . -. .... County ss: i On this ------ 23rd_. _._.__._ day of _ Deet3rt>er ....... 19.86_., before me, the undersigned, a Notary Public duly commissioned and qualified for said county, peesonally came --------....................................__.------..------ LaM D. Miley and Carol A. Miley, husband and wife ......I to me known to be the ident' persons) whose names) are subscribed to 't-h- foregoing instrument and acknowledged the execu- tion thereof to be .__......fir ............ .. ----- . --- ...--- .-.-.- ------- . ----- _ ._ . voluntary act and deed. Witness my hand and notarial seal at ..._.,Grand Isla..... - `iebrasks_ _ in said county, the date aforesaid. My Commission ex �ll�lll Eno 1r@ers�IES_ _ 0 CM 1. i va. y tv,tdk We are an Equal Employment Opportunity/Affirmative Action Employer \I/ F. Sal, tree, Lu for A k m*dV wm1