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NONUNIFORM COVENANTS. 5w� h <br />ENANTS Bo rrower and Lender further covenant and agree as follow,: OOO it 38 <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breech of any covenant or agmment is this Seeurity Instrument tout not prior to acceleration under paragraphs 13 and 17 <br />a naless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />rr defaisit; (e) a date' not Iw than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) fiat failure to care the default on or before the date specified in the notice may result in acceleration of the sums <br />f secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />1 rtimate after simieration and the right to bring a court action to assert the non-existence of a default or any other <br />defeme of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its opdoa may require immediate payment in full of all sums secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />COUect aB expenm incurred in pursuing the remedies provided in this paragraph 19, including, but not limited <br />reasonable attorneys' fees and cats of tide evidence. to, <br />If the power of sale is Invoked, Trustee shall record • notice of default in each county in which any art of the <br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons Prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />We to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />oK Of am parcel' and In any order Trustee determine. Trustee may postpone sale of all or any parcel of the Property by <br />Public announcement at the time and place of any previously scheduled sale bender or its designee may purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited <br />to. Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Securit% <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender tan <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 rerci ter of rents, including, but not <br />shall be applied first to payment of the costs of management of the Property and collection <br />limited to, receiver's fees, premiums on receiver's bonds and r the sums secured bs <br />this Security Instrument. easonable attorneys' fees, and then n <br />21. Reeonveyance. 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 Secunts <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 d,ities 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 Security Instrument. If one or more riders are executed by Borrower and recorded together w ii h <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 nder(s) were a pan of this Securits <br />Instrument. [Check applicable box(es)] <br />1 Adjustable Rate Rider ; .i Condominium Rider <br />Graduated Payment Rider 2-4 Family Rider <br />—' � Planned Unit Development Rider <br />J <br />Other(s) [specify] <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Secunt% <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />...... <br />Richard L. Meffordn sea[) <br />1 <br />i ' <br />Sharon K. Mef o d (Seal, <br />(space Beiew Ths fuse For AAnow6"Irrentl <br />STATE OFNEBkASKA, <br />Dn this 22nd lay of ...February 85 <br />urlders>gned, a Notary lbl i(, dai <br />y ontnls ,rep: rr. �tui r <br />personally carne Richard 1. Atefford and S t <br />...... aind'WIFe heron K .Me. orii Husband <br />ident Ica l porsonls) to k' name(s) it ui> r;:xr�• • ' <br />and acknawledyr_d the ex<•< -utio r t' r.•,. <br />deed. n h r Iw their....... I <br />Wlrtu ss fry ia[,d Jrld nutar la l , • i f it (;rand Island <br />»aid cuun!:y, ih,.. clot �.................... .. <br />..... %rte r.. ri c . ck........ . <br />"•ry :,mnt.,sixi E:xhr, it ;I � , ...... . <br />at4[tM IARr -Stele calH2Oi'c6p� <br />LINDA VIN(aa <br />My Comm frp. Aug 12. I9H° <br />I II <br />