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002645 <br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Accelemdon; Remedies. Loader shall give notice to Borrower prior to acceleration following Borrower's <br />bntisch of any covenant or agreement is this Security Iment (but not prior to acceleration under paragraphs 13 and 17 <br />mku applicable law provkia otberwite). The notice shall specify: (a) the default; (b) the action required to cure the <br />dehurk' (e) a date, not lea dtatis 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) the 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 />defame of Borrower to acceleration and ask. It the default is not cured on or before the date specified in the notice, Lender <br />at Its option my require immediate payment in full of rill sums secured by this Security Instrument without further <br />demand and my invoke the power of ask and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expeaa i incurred in pursuing the ream" provided in this paragraph 19, including, but not limited to, <br />reuonable 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 person sad 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 parcekt mad in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public asmouncement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sole. <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 />Instruct; 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 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. Reconveya ce. 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 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 Sorority Instrument. 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 />Instrument. [Cluck applicable box(es)] <br />l^.., Adjustable Rate Rider Condominium Rider 7 2-4 Family Rider <br />Graduated Payment Rider ❑ Planned Unit Development Rider <br />Others) [specify] <br />BY SIGNING BELOW, Borrower ac"pts 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 />CGv; - <br />J. Charles Stracuzzi <br />. ............................... . . _ ........................... .r r:.a..�: `.... e;� as:as, sa, , ................(seal) <br />a — aorrorrer <br />Karen M. 5tracuzzi <br />STAtE oFH NEBRASKA, ('ounty ss: <br />On this 3rd day of June 19 85. before Inc. the undersignetl, a Notary Public <br />duly commissioned and qualified for said county, personally came J. Charles Str.:rcuzzi and Karen M. <br />Stracuzzi, Husband and W'ite , to rile known to he the <br />identical person(s) whose name(s) are subscribed to the foregoing instrunlelit and acknowledged the execution <br />thereof to be their voluntary act and deed. <br />Witness my hand and notarial seal at .meld Island in said count%, the <br />date aforesaid. <br />id <br />GLi <br />My (.ommi"WHon BEN <br />la�t lt, <br />>>: commiss , t , <br />Lxphxs U17Sf @OR R1 C:( iVhYANC 1' <br />The: wndersig �� a hale of uoteti 'ecutril by this treed t•l I rut tiered not i ruin. tovelltct <br />with all rrt @ter indekaIV at it th-cd of 1 nitit, ha%c been t'aud ni hill 1 uu at heron% .sir �_„,i i.� ,.tn,r fond <br />imle ear norc.s ants tlm 1ev sat, 'Ou"11 :our deh%errd hsreby. anti It+ rccianri, ��uh,�ut .� trr;uu,, ,,ll the � Liar, <br />ni91q hedii by 1ou tinder Nhlr 04-ed Ut trail! i., 0w pee 41!n nr <br />lrcrlE; <br />