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L <br />006068 <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 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, Under <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. fender 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 he 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 />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 he sent to Borrower's <br />address which is the Property Address. *CONTINUED BELOW r <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together wilh <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 it part of this Security <br />Instrument. [Check applicable box(es)] <br />Adjustable Rate Rider Condominium Rider 2 -4 Family Rider <br />Graduated Pavment Rider Planned Unit Development Rider <br />Other(s) [specify] <br />BY SIGNING BEI.ow, Borrower accepts and agrees to the terms and covenants contained m tins Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />.......... .............,IA/i ....... ........: :.r..- ,,..:.:.,..:....:.... ..._ _.(Seal) <br />Georg�[v'. Simon 90 „ewer <br />`t :, 6 u..... ...u..._Jt _,Xc.4:`:. :... _(Seal) <br />Raylene) S. Simon th.rowe, <br />[Space Below This line For Acknowledgment) ------------------------ <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 of NEBRASKA......... ._. lia] I .... ._ .... County SS: <br />On this ........ 40. ,.__. day of .... ,. 19.$. _ before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personally carne ._ . ...... ............ ........ _...... <br />. .... ...._.... _. . <br />„(.eprgc,• W:....5.);mnn ... kirld..1� Y.1.eue..S.,...5IInV.tt,..IIV. tlar�.d..an17.. w1k.c.... ..... to me known to be the <br />identical persons) whoso name(s) are subscribed to the foregoing instrument and acknowledged the execu- <br />tion thereof to be ...... _.. the; i r voluntary act and deed. <br />Witness my hand and notarial sent at (;rand 1 ,,land, siehrnska in said county, the <br />(into aforesaid. t <br />(O <br />IMMIrt N U� <br />41y Commission expires: „ <br />Mf O Mta E* Nov. 22. 1917 <br />ll', nn• an Kqunl Einlrlucmr•nt e)I,;nnlunlly ,111irnuuiti, \ [inn I ?nilr!n ,y \1'4 <br />