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<br />NON- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 85., 002096
<br />19. Acceleration; Remedies. Lender 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 the unless applicable law provides otherwise). The notice shall specify: the action required to cure the
<br />default; (c) a date, not less than 30 days from the date the notic given)to Borrower, by)which the default must be cured;
<br />and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums
<br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to
<br />reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice,
<br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further
<br />demand and may invoke the Lender
<br />power of sale and any other remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in pursuing the 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 an.
<br />Property is located and shaft-mail copies of such notice in the manner prescribed b applicable law to Borrower and to the
<br />Y part of 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
<br />public announcement at the time and place of an Y postpone sale of all or any parcel of the Property by
<br />Property at any sale. Y previously scheduled sale. Lender or its designee May y purchase the
<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. n
<br />person, by agent or by judiciall appointed receiver) shall be entitled to enter upon, take possession of and manage the
<br />p ty. Lender (in
<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 ri receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured b
<br />this Security Instrument. g
<br />21. Reconveyance. l.' ,n Y
<br />i'( payment of all sums secured by this Security instrument, Lender shall request Trustee to
<br />rcconvey the Property n
<br />and shall surrender this Security instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall recovey the Property without warranty and without char a to the
<br />legally entitled to it. Such person or persons shall pay any recordation costs. g person or persons
<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 Trustee herein and by applicable law.
<br />upon
<br />23. Request for Property Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address. *CONTINUED i3gie
<br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded to
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shail amend ar
<br />together with
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(es)j tci
<br />yX Adjustable Rate Rider Condominium Rider - ,
<br />Graduated Payment Rider - Planned ._ -- --1 Family Rider
<br />anned Unit Development Rider
<br />Other(s) [specify)
<br />Bi' SIC:NIXC, BI:1(►w. Borrower accepts and agrees to the terms and covenants contained M this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />- <
<br />i�elvin ••I,.....StrPrtr�r .. ... ........ ��:. .....(Seal)
<br />ifvrrrtnq•
<br />(Space B Borrower
<br />ebw This Line For Acknowledgment)
<br />*Borrower further Per r(�yu(asts that copies of the notice of def u.l`and nt)LIc of (gin to each p(nrson who is a (,arty hereto at the address of such person So `rth lac
<br />tter(:in' r t forth
<br />STATE: or NEBRASKA_... llci.t �
<br />On this _. _. ......C'
<br />s, ounty s4:
<br />day of 19 ..$ , before me, the undersign(A(I, a Notary 1'uhli(
<br />(Ju1V (otrimisstoned and (lualifiC(1 tor. Silid county, )ersonally can<tne
<br />K( IVin L. Shearer and Yvonne 1). Shearer, fturband" atnd wife,'
<br />identical I►errtotn(s), whose nttntt.r(s) are sub�srrih(gd to the for(�guing inbt.runr(�nt atnd nc4) Me �(I rw the tion t,h r(0f to Ins the.fr
<br />to rne� known to he the
<br />1. ex((U
<br />V(.►luntary act and d ►v�d.
<br />VL'it r, ss ►riV
<br />hand (ut(1 notarial scn) a t (r�t�itt�. l: �l�xtz(1, 1�r �x �as)s�nt
<br />(IitiI - 41fon,sairl.
<br />inn el e•outtfyr, thc
<br />MY ('t►launi� ate,n r (t►ir( s:.
<br />'R11t NpTARY • Apr �a �t}e
<br />lAfiE g NALLS
<br />44% °1>k(jWt )!'1, ='r bull
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