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<br />I <br /> <br />84 -002826 <br /> <br />r <br /> <br />NON,UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19, Acceleration; Remedies, Lender sball give notice to Borrower prior to acceleration following Borrower's <br />breacb of any covenant or agreement in tbis Security Instrument (but not prior to acceleration under paragrapbs 13 and 17 <br />unless applicable law provides otberwise). Tbe notice sball specify: (a) tbe default; (b) the action required to cure the <br />default; (c) a date, not less than 30 days from tbe date the notice is given to Borrower, by wbich tbe default must be cured; <br />and (d) tbat failure to cure the default on or before tbe date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sale of tbe Property. The notice shall further inform Borrower of tbe right to <br />reinstate after acceleration and the right to bring a court action to assert tbe nonoexistence of a default or any other <br />defense of Borrower to acceleration and sale. U the default is not cured on or hefore the date specified in the notiee, Len.r <br />at its option may require immediate payment in full of all sums secured by tbis Security Instrument without.further <br />demand and may invoke the po..er of sale and any other remedles permitted by applicable la... Lender shall be.entltled to <br />collect all expenses incurred in pursuing the remedles provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the po..er of sale is invoked, Trustee shall record a notice of default in each county in ..hiehuy part oHhe <br />Property is located and shall mail copies ofsuch notice in the muner prescribed hy applicable la..to Borrower ud to the <br />other persons prescribed by applicable la.., After the time required by applicable law, Trustee shall give pubIle IIOtice'of <br />sale to the persons and in the manner prescribed by applicable la... Trustee, witbout demand on:Borro"er;;shlIIhell'. <br />Property at public auction to the highest bidder at the time and place and under the termsdeslgnatedlntheaoticegf saI~;in <br />one or more pareels and in any order Trustee determines. Tl1IStee may postpone sale of all or any prceliofithe:ProJiertyiby <br />publie announcement at the time and place of any previously scheduled sale, Lender or its designeemayipUJ'Cbaseithe <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purehaser Trustee's deed'couveyiJ!g':the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statemeatsDlllllet!t~". <br />Trustee sball apply the proceeds of the sale in the following order: (a) to all expenses ofthesale,'ineludia..bIitl!8t'II~' <br />to, Trustee's fees as permitted by applicable la.. ud reasonable attorneys' fees; (b) to a1lsums:seeuredibl',tiIi1iSel!arltY. <br />Instrument; and (c) any exeess to the person or persons legally entitled to it. <br /> <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property,Lenderi(iJI <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession'of'andmanage'the <br />Property and to collect the rents of the Property including those past due. Any rents collected' by Lender or the'reCejver <br />shall be applied first to payment of the costs of management of the Property and collection ohents, including,ibutinot' <br />limited to, receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees, and then to the sumnecurelUiy <br />this Security Instrument. <br /> <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 ~ II notes evidencing debt secured by this SeCurity <br />Instrument to Truslee, Trustee shall reconvey the Property without warranry and without charge to the person or pcrsoits <br />legally entitled to it, Such person or persons shall pay any recordation costs, <br />22. Substitute Trustee. Lender, al its option, may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an inslrument recorded in the county in whicb this Security Instrumentisrec~" <br />Without conveyance of the Property, the successor trustee shall succeed to aU tbe title; power andduti~contetrc:d:uP9n . <br />Trustee herein and by applicable law, ' <br /> <br />23. Request for Notices. Borrower requests thaI copies of the notices of default and sale be sent .to Borrower's <br />address which is the Property Address. <br /> <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security Instrumenr, the covenanlS and agreemenlS of each such rider shall be incorporated into and shalJ.amend and <br />supplement the covenants and agreemenlS of this Security Inslrument as if the rider(s) were a parlof,this Security <br />Instrument. [Check applicable box(es)] <br /> <br />xP Adjusrable Rate Rider <br /> <br />o Gradualed Payment Rider <br /> <br />o Condominium Rider <br />o Planned Unit Development Rider <br /> <br />o 2-4 Family Rider <br /> <br /> <br />o Other(s) [specify] <br /> <br />BY SIGNING BELOW, Borrower acceplS and agrees to the terms and covenants contained .in this Securi~y <br />Instrument and in any rider(s) executed by Borrower and rec~rded' ith it.. db'" <br />// /I <br />\"" '~'411lii:fJrJ;.~ '. )t:rjt.().4.:~.......................(SeaI) <br /> <br />Kenne~.b L. Hen~lan. _ -Borro..... <br />~..;/ ~ <br />.....-- " ' '~ <br />,.,- -/,','..."'<,.,.".[.,;, .,.,. ~.,',.. <br />.._ ..,~, ",'.. ,.......f:z?:,~?':,':;::.....................(SeaI) <br />-Ilor_ <br /> <br />Vera L. Henman <br />[s,.c. Be60w This Line For Acknowled&ment] <br /> <br />State of: <br />County of: <br /> <br />\eoraska <br />Hall <br /> <br />) . <br />)SS. <br /> <br />husband and \.,1_1 [e <br />in and who executed <br />the sa~e as tlJeir <br />~ly Caa:dssion E,,<ues: <br /> <br />day of Hay , 19 d4 ' before me, a Notary Public in the State <br />, personally appeared <br />Kenneth L11HeulIlan al,d \Lera...L. Hemna,\., ) d <br />; to me persona y known ~obe tile person~s name <br />the foregoing instrument, and acknowledged that they executed <br />voluntary act and deed. ~-i)~)d_" '-. c:.t:;.::J/." __~. .'-; <br />''<- ';zf!;>i iVJ.../ ~1>",' ~A-'4Af <br />v lmARY PUB~ ~ - C/ <br /> <br />On this 25th <br />of :-<e br aska <br /> <br />L <br /> <br />~' DENISE KAY LOWRY <br />" .. _ GENERAL NOTARY Sldt.ofN~br <br />#~ ~,;. M.,. CQrtlIn. hp Avg. 25,1987 <br />