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<br />84 -00282<1
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<br />NON-UNIFORM COVENASTS Borrower and Lender further covenant and agree as follows:
<br />19. Acceleratjon; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any coyenant or agreement in this Security Instrument (hut not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law proYides otherwise), The notice shall specify: (al the default; (bl the action required to cure the
<br />default; (c) a date, not less than 30 days from the date tbe notice is ghen to Borrower, by which the default must be cured;
<br />and (dl 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 tbe 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 witbout further
<br />demand and may inyoke the power of sale and any otber remedies permitted by applicable law. Lender shall be entitled to
<br />collect all expenses incurred in pursuing the remedies proyided in tbis paragrapb 19, including, but not limited to,
<br />reasonable attorneys' fees and costs of title eyidence,
<br />IT the power of sale is iftYoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shalllllllil copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br />otber persons prescribed by applicable law. After the time required by applicable law, Trustee shall gin public notice of
<br />sale to tbe persons and in tbe manner prescribed by applicable law. Trustee, witbout demand on Borrower, sball sell the
<br />Property at public auction to tbe bighest bidder at tbe time and place and under tbe terms desil!llllted in the notice of saleln
<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 tbe time and place of any preYiously scbeduled sale, Lender or its designee may porcbasethe
<br />Property at any sale.
<br />Upon receipt of payment of tbe price bid. Trustee sball deliyer to the purcbaser Trustee's deed conYeying tbe
<br />Property. The recitals in tbe Trustee's deed sball be prima facie eYidence of tbe truth of tbe statements made tberein.
<br />Trustee sball apply tbe proceeds of tbe sale in tbe following order: (a) to all expenses of the sale, includi.... butnotllnIJted
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (h) to all sums securedbytbls:Seeurlty
<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, Lendetoc(in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon,takepossession'of and~,the
<br />Property and to collect the rents of Ihe Property including those past due. Any rents collected by Lenderorthe~receiVer
<br />shall be applied first to payment of the costs of management of the Property and collection of rents,ineludinlli~'bl1tfn~
<br />limi~ed to. receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to~the.sums'~'by
<br />this Security Instrument~
<br />21. Reconuyance. Upon payment of all sums secured by this Security Instrument, Lendersball requestT~!~ta
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured~by tJUs5ei:llt'ity
<br />Instrument to Trustee, Trustee shall reconvey the Property without warranty and withaut charge to, the person atcpenons
<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 titr.~ remove Trustee and appoint asuccessotti'us!Ce
<br />to any Trustee appointed her~under by an ins!rum~t recorded in the county in which this ~urity Instrument-~.-~~
<br />Without conveyance of the Property, the successor trustee shall succeed to all the title,poweranddu!ies'~'ilJl9ll"
<br />Trustee herein and by applicable law, . . . ." ><.,~.~:
<br />23. Request for Notices. Borrower requests that copies of the notices of default andsalebe'sent:to~s'<'
<br />address which is the Property Address. .~ '. ....'~..
<br />24, Riden to this Security Instrument. If one or more riders are execuledby Borrawerand reCo!"icidi~il,(j~'n
<br />this Security Instrument. the covenants and agreements of each such rider shall be incorporatedintoandsliilll~d.ailcI. '~c ;
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part;(lf)t~ $elit1l1'\t)',
<br />Instrument, [Check applicable box(es)J
<br />xC! Adjustable Rate Rider
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<br />C Graduated Payment Rider
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<br />o Other(s) [specify]
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<br />{;
<br />f
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<br />o Condominium Rider
<br />o Planned Unit Develapment Rider
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<br />BY SIGNING BELOW, Borrawer accepts and agrees 10 the terms and covenants cont.un!:d~'in..~.;~~.:,..
<br />Instrument and in any rider(s) executed by Borrowerand :-ecorded with it. ,,"'..~}'.~
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<br />Louise G. Johnst~on --
<br />r-. __ _ Uno 'Of Acknow_"mt]
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<br />..',~' ,:', , -. <
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<br />State of: ~cbraska
<br />County of: Hall
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<br />>S:
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<br />2 '>t 11
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<br />day of '~ay , 19 84 , before me, a Notary Public in the State
<br />, personally appeared Lyle C, Johnslon and LOllise G. Johnston,
<br />, to me personally known to be the person(s) named
<br />the foregoing instrument, and acknowledged that they executed
<br />voluntary act and deed. .' /.)!." . .~.r--/
<br />}/~l1~ ( ~]
<br />v r c .
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<br />On this
<br />
<br />of ~ebraska
<br />
<br />hUSO.:1Ud ane wife
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<br />in and who executed
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<br />the same as their
<br />~ly Ccm:UssiOIl Exrires:
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<br />L
<br />
<br />l DENISE KAY LOWRY
<br />GENERAL N. QIARY SI<!~ttQfN~bf,
<br />Z;;!_...~-- My Comm b.p A"f.l 2;,1987
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