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201203955
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201203955
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Last modified
6/5/2012 4:27:46 PM
Creation date
5/18/2012 8:03:39 AM
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DEEDS
Inst Number
201203955
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��12Q3955 <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of <br />the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to <br />all costs and ezpenses of ezercising the power of sale, and the sale, including the payment of the <br />Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to <br />all sums secured by this Security Instrument; and (c) any ezcess to the person or persons legally <br />entifled to it. <br />If the Lender's interest in this Security Instrument is held by the Secretary and the Secretary <br />requires immediate payment in full under Paragraph 9, the Secretary may invoke the nonjudicial <br />power of sale provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3751 <br />et se . by requesting a foreclosure commissioner designated under the Act to commence foreclosure <br />and to sell the Property as provided in the Act Nothing in the preceding sentence shall deprive the <br />Secretary of any rights otherwise available to a Lender under this Paragraph 18 or applicable law. <br />19. Reconveyance. Upon payment of a11 sums secured by this Security Instrument, Lender shall <br />request Trustee to re-convey the Property and sha11 surrender this Security Instrument and all notes <br />evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without <br />wamanty to the person or persons legally entitled to it. Such person or persons shall pay any recordation <br />costs. Lender may charge such person or persons a fee for reconveying the Properly, but only if the fee is <br />paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under <br />Applicable Law. <br />20. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Properiy, the successor trustee shall succeed to <br />all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br />21. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br />22. Riders to this Security Instrument. If one or more riders aze executed by Borrower and <br />recorded together with this Security Inst7ument, the covenants of each such rider shall be incorporated into <br />and sha11 amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) <br />were a part of this Security Instrument. <br />[Check applicable box(es)]. <br />❑ Condominium Rider ❑ Graduated Payment ❑ Other [Specify] <br />❑ Planned Unit Development Rider ❑ Growing Equity Rider <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this <br />Security Instrument and in any rider(s) executed by Borrower and recorded with it. <br />Witnesses: <br />Ly%'."— �Q • l.�/ (S�) <br />B�nOW�' Brandon S Otto <br />I(YL (Seal) <br />Borrower L Otto <br />Borrower <br />Borrower <br />(Seal) <br />(Sea1) <br />[Space Below This Line For Acknowledgment] <br />STATE OF Nebraska <br />COUNTY OF Hall <br />) <br />) ss: <br />) <br />The foregoing instrument was acl�owledged before me this 9th day of May , <br />2012 , by Brandon S Otto and Amy L Otto, husband and wife <br />Witness my hand and official seal. <br />My Commission Expires:07/30/2014 <br />GENERAI. NOTARY - �ate af Ne6raska <br />ROBERTA !. REED <br />Ny Comm. Exp.lu�y 30, 2�14 <br />/ ,> > � ,!� <br />��'( t'�' / l� /, / _' .►� <br />,t ��i, . � � . . . . , <br />16256.CV (9/11) 907619 page 5 of 5 <br />GOTO(OOle9eel) <br />
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