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r <br />L <br />85--' 005073 <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 he 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 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 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 then to the sums secured by <br />this Security Instrument. <br />21. Reconveyance. 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 />toany Trustee appointed hereunder by an instrument recorded to 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. *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 he incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were it part of this Security <br />Instrument. [Check applicable box(es)l <br />_u Adjustable Rate Rider _. Condominium Rider 2-4 Fancily Rider <br />Graduated Payment Rider _j Planned Unit Development Rider <br />Others) [specify) <br />B5' SIGNING; BEtow• Borrower accepts and agrees to the terns and covenarts Contatncd in this Security <br />y 10 with it , <br />Instrument and in an rider (s) executed by Borrower an recur <br />et) 11, Mac )mtt 'Ere, .Ir. � ttnr,owcr <br />r J � <br />.... ..( <br />`� 51 <br />Kathlq; w'ir Mach�iJ1c,r unrrowcr <br />[Space Below This Line for Acknowtod(mentl <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 />STATE or NEBRASKA........_ ila 1.1 .........County 88: <br />On this ....... l.1.tla ... ........ day of ..... 0t;.Lttbt:x. ...... .. 19....61 , before me, the undersigned, it Notary Public <br />duly commissioned and qualified for said county, personally came ................... _.... ........ ....... ....._. .... _.......... <br />i.eo Fi...M chmu,llert. Jr.,.apd, Knthl, ce; n.. F...,, tNaci> foil 1, er ,..,hu..h))nd....lnc[._wife..., to me known to be the. <br />identical person (s) whose nameis) are subscribed to the foregoing instrument and acknowledged the execu- <br />tion thereof to be ....... th, ei; r .. ... ..... ......................... ............. .................. _..... voluntary act and deed. <br />Witness my hand and notarial seal at . .._..[;.rind Island, Nehrask) in said counly, the 11 ....................... <br />date aforesaid. <br />MY Cotntnim, <br />4tlttaAlMiMr�MeNetM/weta - _.__ <br />3 D. YYOI/' <br />Mr twat W N1Mr>7 <br />c nrr on Fn[ual I;rnlrlaynuml. (t[r[urtunitc /Aliirmnlivo Arlinn ltinzl lu , r NI /F. <br />w <br />r <br />U <br />I. N <br />