Laserfiche WebLink
L01304643 <br />C. Death or Incompetency. Grantor dies or is declared legally incompetent. <br />D. Failure to Perform. Grantor fails to perform any condition or to keep any promise or <br />covenant of this Security Instrument. <br />E. Other Documents. A default occurs under the terms of any other document relating to <br />the Secured Debts. <br />F. Other Agreements. Grantor is in default on any other debt or agreement Grantor has with <br />Lender. <br />G. Misrepresentation. Grantor makes any verbal or written statement or provides any <br />financial information that is untrue, inaccurate, or conceals a material fact at the time it is <br />made or provided. <br />H. Judgment. Grantor fails to satisfy or appeal any judgment against Grantor. <br />I. Forfeiture. The Property is used in a manner or for a purpose that threatens confiscation <br />by a legal authority. <br />J. Name' Change. Grantor changes Grantor's name or assumes an additional name without <br />notifying Lender before making such a change. <br />K. Property Transfer. Grantor transfers all or a substantial part of Grantor's money or <br />property. This condition of default, as it relates to the transfer of the Property, is subject to <br />the restrictions contained in the DUE ON SALE section. <br />L. Property Value. Lender determines in good faith that the value of the Property has <br />declined or is impaired. <br />M. Insecurity. Lender determines in good faith that a material adverse change has occurred <br />in Borrower's financial condition from the conditions set forth in Borrower's most recent <br />financial statement before the date of this Security Instrument or that the prospect for <br />payment or p <br />15. REMEDIES. ay use any and all <br />remedies Lender _ • e . ta e • = i z an o e G: * o the Secured <br />Debts, including, wi out limitation, tie power to sell i e Property. Any amounts advanced on <br />Grantor's behalf will be immediately due and may be added to the balance owing under the <br />Secured Debts. Lender may make a claim for any and all insurance benefits or refunds that <br />may be available on Grantor's default. <br />Subject to any right to cure, required time schedules or any other notice rights Grantor may <br />have under federal and state law, Lender may make all or any part of the amount owing by the <br />terms of the Secured Debts immediately due and foreclose this Security Instrument in a manner <br />provided by law upon the occurrence of an Event of Default or anytime thereafter. <br />If there is an occurrence of an Event of Default, Trustee will, in addition to any other permitted <br />remedy, at the request of Lender, advertise and sell the Property as a whole or in separate <br />parcels at public auction to the highest bidder for cash. Trustee will give notice of sale <br />including the time, terms and place of sale and a description of the Property to be sold as <br />required by the applicable law in effect at the time of the proposed sale. <br />To the extent not prohibited by law, Trustee will apply the proceeds of the Property's sale in <br />the following order: to all fees, charges, costs and expenses of exercising the power of sale and <br />the sale; to Lender for all advances made for repairs, taxes, insurance, liens, assessments and <br />prior encumbrances and interest thereon; to the Secured Debts' principal and interest; and <br />paying any surplus as required by law. Lender or its designee may purchase the Property. <br />BRIAN D MURPHY <br />Nebraska Deed Of Trust Initials <br />NE/ 4XXDIANNK000000000006 5406 305 1 7 1 3N Wolters Kluwer Financial Services © 1996, 2013 Bankers 'Frage 5 <br />SystemsTM <br />