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L <br />85-.004083 <br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <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 <br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not lea 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 clue 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, Lender <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 power of sale and any other remedies permitted by applicable law. Leader 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 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 person 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 We 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 rustee'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. Leader 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. Reeonveyance. Upon payment of all sums secured by this Security Instrument, Lender shail 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 htie. 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 />t�ddress which is the Pro& rJt Address. taint arri sal <br />"i4titt en t�t iis� Secunlslns�r� r t6u.t 'V % i t' i t?{t f 4ic4 ifi: <br />ty nt, 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. [Check applicable box(es)] <br />} Adjustable Rate Rider Condominium Rider _ 2-4 Family Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />Other(s) [specify) <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained m this Security <br />Instrument and in any nder(s) executed by Borrower and recorded with it. <br />1.......i........... �!t . .........................(Seal) <br />iimothy R. Victor — Bo..owe <br />11 _ <br />.....................:... (Seal) <br />Joyce A. Victor -- Borrower <br />[Space aeio■ Thn Um fa Acknow4dtmem] <br />State of: Nebraska <br />County of: [tall ASS: <br />On this 14nd day of August , 19 65, before me, a Notary Public in the State <br />of Nebraska , personally appeared 1111-1001Y r<, V1ct01 arlci JOYCC A. 4'irt01. , <br />hukbard and wire- to me personally known to be the person(s) named <br />In and who executed the foregoing instrument, an'd acknowledged that tl' "y executed <br />the sacra as their Voluntary act and deed. <br />Ply Comsission Ex^ires: �. 1 ` , x_. <br />;xJ:ArLl' e,TiLIC <br />�at Otakl ytt A#Y' Nrau M aNUda <br />KWt$TIE ti0lMSTEDt' <br />Utt Coosa f�W. 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