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r <br />L <br />85-004747 <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 ar=id 17 , <br />union applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />defsait; (c) a bate, act 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 acceleration of the sums <br />secured by this Security Iastrument and sale of the Property. The notice shall further inform Borrower of the right to <br />raiwstate 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 ale and any other remedies permitted by applicable law. Leader shall be entitled to <br />collect all expenses incurred in parsaing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' foss 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 />ak to the persons and in the =saner 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 pry <br />public auuooncement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at nay 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, Trmtee'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 person legally entitled to it. <br />20. Leader in Poseessiom. 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. Re:omveyance. 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 ist P rt car Borr( farrhe[[ requCsts ClYatcopies of the nc ices of def:ailt and sale <br />'•a }xrt retoit the Mists of s�Crt ppeeMon set orttt 1te[c ut. <br />'rR�ers �nty '2 <br />` <br />to lusty if one or more riders s^e 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 />C 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 in this Security <br />Instrument and in any rider(s) executed by Borrower and recgrded with it. <br />r.ij:�,,:..,....:..r `.r......J�,... ......: ::...............(Seal) <br />Ri)bert A. Strickland — aw�wve� <br />..l.;L.: ;. r............... i ...::...:............ .....1..::.... ......... <br />.:(Seal) <br />Connie D. Strickl- and — awroww <br />(Sputa eNew "m Una For Ack,wwMd9ffwMl <br />State Of: Nebraska )SS. <br />County of: Hat ) <br />On this 27th day of September , 19 S5, before me, a Notary Public in the State <br />of Nebraska , personally appeared Robert A. Strickland and Connie D. Strickland, <br />husband and wife , to me personally known to be the person(*) named <br />in and who executed the foregoing instrument, and acknowledged that hey executed <br />the same as their voluntary art and deed. N <br />Sty Caraission Expires: <br />1 :VLW PUBLIC <br />et«ttw re=lent - «N. • tt.wew• <br />"°` ISM <br />M <br />