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005050
<br />Nrw ('%ttr0R %t C0% FN ,k1'TS &trrower and i tender further covenant and agree as follows
<br />19. Acceleration; Remedies. [ender %hall give notice to Borrower prior to acceleration following Borrower's
<br />IN of any covenant a agreement In this Security Instrument (but not prior to acceleration tinder paragraphs 13 and 17
<br />anksa applicable law provides otherwise). The notice shall specify.. (a) the default; (b) the action requird to cure the
<br />defak; (c) • date, not lea than 30 days from the date the notice is given to Borrower, by which the default maul be curd:
<br />sad (d) drat failure to care the default on or before the date speciAed in the notice may result in acceleravion of the sass•
<br />seemed by this Security Instromealt 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 aosert the non-existence of a default or ay other
<br />defense of Borrower to iseceleratiem and teak. if the default is not cured on or before the date specified in the notice, Gender
<br />at Its option MY r"nire immediate payment in fog of all stuns see red by this Security Instrument without further
<br />demand tad tray invoke the power of sale and any other remedies permitrd by applicable law. Lender shall be entitled to
<br />collect all expetaes inert in pursuing the remedies provided In this paragraph 19, lacluding, but not limited to,
<br />emomme attorneys' lea std coats of title evidence.
<br />If the power of sale Is invoked, Trustee shall record a notice of default in each county in which sty part of the
<br />Property is located said stall mall copies of such notice in the i maer prescribed by applicable law to Borrower and to the
<br />other persona prescribed by apptiesbk law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the Mauer 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 aril under the terms designated in the nc*kt of sale in
<br />roe or more parcels sod in my 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. [.ender 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 conveyitsg 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 Mall apply the proceeds of the sale in the following order. (a) to alt expenses of the sale, including, but not limited
<br />to. Trustee's feet as permitted by applicable law sad reasonable attorneys' fees; (b) to all sums secured by (his Security
<br />Bnstnmw"t; ad (c) any excess to the person or persons legally entitled to it.
<br />20. Leader in Possession. Upon acceleration under paragraph io or ahandonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver) shall he entitled to enter upon, take i os%es%ion 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 receivcr's bonds and reasonable attorneys' fees, and tLen to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Secunty 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. Sabstitute Trumee. Lender, at its option, may from time to time remoyc Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an Instrument recorded to the county in wfiich 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 to sent to Borrower's
<br />address which is the Property Address. Bo row r urttlieerr rreequteesstq that ro le of the notices of de at?
<br />24. Riders to this Secs instrerf� e eirStt/ehd!%F Stun �drrit'At,)}',a�� )'arty hereto+ at tie
<br />Y e t itrordcd together with
<br />this Security Instrument, the covenants and agreements of each sus n rider shall he incorporated into and shall amend and
<br />supplement the covenants and agreements of this Security Irntrun rnt a% if the rider(s) were a part of this Security
<br />instrument. [Check applicable bnc(e%)J
<br />Adjustable Rate Rider 7 Condominium Rider 24 Family Rider
<br />Graduated Payment Rider Planned Unit Development Ridet
<br />— Other(s) [specifyl
<br />RV SIGNING RHOW. Borrower accepts and agree'% to thr tcrm, and cnvenants contained in this Security
<br />Instrument and to any rtder(sl cilecuted by Borrower and recorded with It.
<br />_...:.... _.. (Seal)
<br />ir...., .._....... ............... (Seal)
<br />G%THERINE M. ALI.F.!V no.•owtr
<br />ISMa aw. Tar tars Far 4chnsn6rd@W. il
<br />$TaTfofNEDIIASKa, Ha 11 Clunty'S.
<br />On this :...1.l.tra, day of '?ct(}t, r. 9 k`' txfc,rc roc. tic unij•:rsi ^ncu. a ':star,
<br />duly commissioned and quahfiei! for s,i d county, personally carne Stcvvii > . . -;live and. Catherine M.
<br />Allen, - Husband. rand .Wit e... m me kilcwn :o ...,
<br />identical persons) whose namc(s) are %0scnhcd to the forcFrnng imirwn,7il any
<br />thereof to be..: ` t he I r vo'Iun;aty act and deed
<br />W,Inc;s my hand and notarial seal at grand Island
<br />date afo:asard
<br />My Commissioneapirts. Ictvlcr l(i, 11+88
<br />"i LI., L am" SPA" St y(ti i !iAKFk
<br />SFML 0(ER
<br />Vomibo.-Od10I RLOUFST FOR RI,CON EYANC`- g#_
<br />Te ?sl:�,trt t."
<br />ft,; �;rr?rrsipned is the hoidcr n' rRe unite tx nts!PS ,�,rr�l i •. •��<, f,•c. 1 r ... .. ...
<br />16 r::., .. _... •.'9 ] "J iii'% 1)( "'? ! pru,.l wngh Jr.^ r.i i.,•'L
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