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NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 001555
<br />19, Acceleration; Remedies, Leader shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless , (c) amble law provides otherwise), The notice shall specify: (a) the default; (b) the action required to cure the
<br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured;
<br />and (d) that failure to care the default on or before the date specified in the notice may result In scceleraHon of the sums
<br />further secured by this Security Instrument and ask of the
<br />reinstate after acceleration and the right to bring a Pcourrtt action to to notice
<br />assert shall
<br />he on- existence off Borrower fault orhany other
<br />defense 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 option may require immediate payment in fall 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 />collect all expenses incurred in Pursuing tbe.remedies provided in this paragraph 19, including, but not limited to,
<br />reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part 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 />sale 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 />one or more parcels and in any order Trustee determines, 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. Lender 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 Security
<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 (in
<br />person, by agent or by ludiciaAy 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 Properly and collection of rents, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys• fees, and ti,en to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. 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 perwn 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. Bo r`ow 142 v r eurther requests that co ie of the no ices er de ault
<br />24. Riders to this Security lnstruN kyfe L+ r �y t �c,�r $ party hereto at t e
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and together with
<br />supplement the covenants and agreements of this Security Instrument as if the rides) were a part of this Security
<br />Instrument. [Check applicable box(es)) r
<br />Adjustabie Rate Rider = Condominium Rider
<br />Graduated Payment Rider _-t Family Rider
<br />Planned Unit Development Rider
<br />r 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 riders) executed by Borrower and recorded with it.
<br />��rt ER.... NST
<br />DAN E.
<br />— Borrower
<br />� .
<br />DIXIE L. F.RNST .... .
<br />......................
<br />--. 1_ -- 6 (Seal) onower
<br />tSw a t+aww TMa Lane Far AckrwwkWamenti _
<br />STATE OF NEBRASKA, Hall
<br />On this .... 1s.t County as.
<br />day o(. April... , 19.$S ., bcu*rc me, tae undersi;ncd. a Naar: .'J ,I.c.
<br />duly commissioned and quaLfird for said county, person.
<br />came. Dnn G, anti. Rixic. L,. lirnst,
<br />]MOON. apcl, .W1%4 .. .
<br />identical person(s) whose name(s) are subscrthcd to the forego:ng 'Astru.mcat and ucknowlmc ;c Inc
<br />thereof to be ... their... volurtory act and deed.
<br />Witness my hand and notarial Ncal at /.,. Grand ,Island,
<br />date afotcsatd, . t.J
<br />My Commission expires: October 10, 1988.
<br />J_
<br />Mf (Bras# EW 04 1fOt
<br />REOUEST FOR IZECONVEYANILL!�
<br />f" rders{pned is the hold,, of the no:c or notes ,ectirej h•; rhi, 1),�' r; %t
<br />roilh ifl hrt rei!ei'+ w ur,1 by thr, Dced w' t rt{..I 1' „ice Cn
<br />of ru•
<br />1,I. which alt (.WI to ol,
<br />it }e-
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