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r <br />L <br />85- 004123 <br />NONUNIFORM 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 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 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, 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. 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 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 st 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 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 the:: to the sums secured by <br />this Security Instrument. <br />21. Reconveyanee. 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 at) 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 ,ent to Borrower's <br />address which is the Property Address. *CONTINUED BELOW <br />24. Riders to this Security 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. [Check applicable box(es)] <br />Adjustable Rate Rider Condominium Rider 2 -4 Family Ridcr <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 in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />RS'char' ^ 'R nn.,...',.r'`^�............ - (Seal) <br />• -Borrower <br />�....... (Seal) <br />--- — lSpace Below This Line For Acknowled`mentJ - -- --------------- - - -- <br />*Borrower further requests that copies of the notice of default and notice of sale be <br />sent to each person who is a party hereto at the address of such person set forth <br />herein. <br />STATL OF NEBRASKA ............... lid. 11 .............................. .........................County ss: <br />On this ........26t........... day of ....... 71AJ! :t......... 10.$5..., before me, the undersigned, a Notary Public <br />duly commis Toned and alified br d cou t ronalldy c�tte .......................... ........................ ..._............. <br />Richard Winne andonna 1'. >ginne,itlydt�an an w e, , to nu' known to be the <br />....................................................................... ............................... ---- _ ........ . <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execu- <br />tion thereof to be ..... their ............................. .......... ...... ..... _ ............... ...... voluntary act and deed. <br />.. <br />tl <br />Witnt -.4s my hand and notarial seal at .._.. .......Grand Islvtd, Nebraska in attic County, the <br />.........................I ................ _. <br />date aforesaid. <br />1fy (:ununiasion expires: <br />wf;_11 1pNd � UtiJwrtunilY /Atlirnui!i�� ;�r�i�l l�;in!iL��, r �1;'1�. <br />Ni <br />n <br />2 <br />