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<br />84 -002878
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<br />NON.U:-iIFORM 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 al!"eement in tbis Security Instrument (but not prior to acceleration under paragrapbs 13 and 17
<br />unless applicable law provides otberwise), The notice sball specify: (a) the default; (b) tbe action required to cure tbe
<br />default; (c) a date, not less tban 30 days from tbe date tbe notice is given to Borrower, by wbicb tbe default must be cured;
<br />and (d) that failure to cure tbe default on or belare tbe date specified in tbe notice may result itl acceleration of tbe sums
<br />secured by tbis Security Instrument and sale of tbe Property, The notice sball rurtber inform Borrower of tbe right to
<br />reinstate after acceleration and tbe right to bring a court action to assert tbe non....xistence of a default or any other
<br />defense of Borro..er to acceleration and sale. If tbe default is not cured on or before tbe date specified in tbe notice, Lender
<br />at its option may require immediate payment in full of all sums secured by tbis Security Instrument ..ithout further
<br />demand and may invoke tbe po..er of sale and any other remedies permitted by applicable la... Lender sbaII he entitled to
<br />collect all expenses incurred in pursuing tbe remedies provided in tbis paragrapb 19, including. but not limited to,
<br />rellSOnable attorneys' fees and costs of title evidence.
<br />If tbe po..er of sale is invoked, Trustee sball record a notice of default in e..ch county in wbicb any part of the
<br />Property is located and sball mail copies of sucb notice in tbe manner prescribed by applicable la.. to Borro..er and to tbe
<br />other persons prescribed by applicable la... After tbe time required by applicable la.., Trustee shall give poblic notice of
<br />sale to tbe persons and in tbe manner prescribed by applicable la.., Trustee, without demand on Borro..er, shall sell the
<br />Property at public auction to the bighest bidder at tbe time and place and under tbe terms desillJl8led 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 Propet:ly by
<br />public announcement at tbe time and place of any previously scheduled sale. Lender or its desipee may purcbaM the
<br />Property at any sale,
<br />Upon receipt of payment of the price bid, Trustee _ball deliver to tbe purchaser Trustee's deed coueying tbe
<br />Property. The recitals in tbe Trustee's deed sball be prima facie evidence of the truth of tbe statemenlS m8de therein.
<br />Trustee shall apply the proceeds of the sale in the foUowing order: (a) to all expenses of the sale, inclodilla. but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to aIIsoms secured by tbisSecurity
<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 Judiciaily appointed receiver) shall be entitled to enter upon. take possession of and IlIllIIlIgethe
<br />Propeny and 10 collect the rents of the Propeny 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 Propeny and collection of rents, including, but not
<br />limited 10, 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 Inslrument, Lender shall request Truslee to
<br />reconvey the Property and shall surrender this Security Instrument and ail notes evidencing debt secured by this Security
<br />Instrument 10 Trustee. Trustee shall reconvey the Propeny without warranty and without charge to the person or persons
<br />legally entitled to it. Such person or persons shail pay any recordation costs,
<br />22. Substitute Trustee, Lender, at its option, may from time to time remove Trustee and appoint a successor truslee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrumenl is recorded.
<br />Without conveyance of the Propeny, the successor trustee shall succeed to all the title. power and dutiesconfetnd 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 Propeny Address,
<br />24. Riders to this Security 1nstrumenL 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 be 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, [Check applicable box(es)]
<br />xP Adjustable Rate Rider
<br />
<br />C Graduated Payment Rider
<br />
<br />[J Condominium Rider
<br />C Planned Unit Development Rider
<br />
<br />[J 2~ Family Rider
<br />
<br />[J Other(s) [specify]
<br />
<br />BY SIGNING BELOW, Borrower accepts and agrees to th..e terms and coveJf'ls contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recordrt)~ith it, I }
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<br />'1/ .t C,: j/ ,
<br />,j::'"j/::::~ ...... ..~:... ,:1. ..d::.~,':1;:.::,<:.':. ~'::!-:,;l, ,.'..,.. .....(SeaI)
<br />'P' .r-r- -80rl'O'ftf'
<br />Robert l~. anOWlCZ ~
<br />I" . ~
<br />.... t. L{'.i, /1 fC.t, ;,:cL:."x"a<.-;,.. ::::.......".".......,..,....... ..(Seal)
<br />E lkl' >!. Panowicz ./,:/ -Borrower
<br />[SpiKe Beio. Tht5 Line For Acknow6edpnent)
<br />
<br />State of:
<br />County of:
<br />
<br />i~ebraska
<br />'l:d]
<br />
<br />)
<br />)SS:
<br />
<br />husband and ~~L~
<br />in and who executed
<br />the sa~e as tbeir
<br />~ly Coomission Elq,lres:
<br />
<br />day of ':,y , 19,4 , before me, a Notary Public in the State
<br />
<br />) personally appeared Robert E. Panow.icz dnd l.:lkt:: ::. Panol.;ic"..z.
<br />, to me personally known to be the person(s) named
<br />the foregoing instrument. and acknowledge? 5.hat the.;' executed
<br />voluntary act and deed. /) c". . .~/ /.... ,~:,. '7,
<br />,xl,.,,[k""~ I~ vie'". -'I
<br />:mARY P I'
<br />
<br />On this 29th
<br />of i'iebraska
<br />
<br />L
<br />
<br />A DENISE KAY I.OWRY
<br />!~ GENERAL NOTARY SllSteofNebr
<br />......~:;? My Comm. hp_ Aug. 25, 1987
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