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t$D 005795 <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 lets 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 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 />Instramenh 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 (it) <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage t :ie <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 be 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 all 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 dunes 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 toga her w nth <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 a part of this Security <br />Instrument. [Cheek applicable box(es)] <br />Adjustable Rate Rider Condominium Rider -t Family Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />Others) [specify) <br />BY SIGNING Bt..io %. Borrower accepts and agrees to the terms and co %emits contained in this Security <br />Instrument and in any rider(s) executed by Bonower;md recorded with n <br />..: �. f •': %.a - - (Seal) <br />Arnold Placice c «.•, <br />D) rrl J . P};ackc (Seal <br />' <br />!Space Below This Line For Acknowktlitmenll <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 NEBaAnKA ... .. Hall, .....County m: <br />On this ....... day of ., Ngvc_mher,. 19.85_, before me, the undersigned, a Notary Public <br />duly commissioned and qualifcA for said county, personally came .. ...... ......... _. ........... <br />.. <br />Arnold Placke and Dara .l. I'la.cket husband inch wife to me known to be. the <br />..... ............................... . <br />identical person(s) whose name(s) are subscribed to the foregoing instrunent. and acknowledgix] the execu- <br />tion thereof W be ...their <br />voluntan, act and d4+ex3 <br />t <br />„ <br />Witness. my Frond and notarial � ,rmld Island, Nvhr;o <kn in raid county, this <br />:fait. aforehaid. r` <br />!41y f'un7mi_wa <br />«•,• Ion, nn I•:gtmi E1mp1ny!n4•n1 01,1n,rtunil% 1!lirnia!ir,• i, ltnn 1?ni1i,n, r 11 I'' <br />