89100705 - Laserfiche WebLink

Browse

r L i � I 89'-- 100705 NON - UNIFORM COVENANTS. Borrower and Lender thither covenant and agree as follows: 19. Acceleration; RmWkrs, Leader stall give notice to Borrower prior to acceleration following Borrower's bread of any covennt or agreement in thb Security Instrument (but mot prior to acceleration under paragreplu 13 and 17 ttrr11 applicable law prortdo ottterwhvh The notice shall spedo: (a) the default; (b) the action required to cure the defwiN (c) a date, sot lees than 30 days ttrom the dab the notice it given to Borrower, by which the default must be cured; and (d) that f ilmn to ewe the d0kuh- on or before the date SW VA to the notice may result in acceleration of the sums secured by this Security Instrument and title of the Property. The notice shall further isform Borrower of the right to reimsfate adtsr emkrattom and the eight: to. king a court won to assert the am-existeace of a default or any otber defemsa of Borrower to acceier Om and snits. if the debmlt is not cured on or before the date specified hk the notice, Lender at Its opttom my require immediate payment is hill of all sump secured by this Security Instrumsent without N tber demand and may invoke the power of sale and any otter remedies permitted by applicable law. Leader shall be entitled to collect all expenses Isesered to pttrsming the remedies provided is this paragraph 19, Including, but not limited to, renommile attorseye fees and costa of title evidence. U the power of sale Is In"kedr Trustee shall record a nodes of default to each county In whkb any past of the Property is located and stall ■all copies of such notice In the messier prescribed by appt%eabb law to Borrower ad to the other persons ~bed by applicable btw..After the time required by applicable law, Trimness shall give public monies of sale to the persona sad In the manner prescribed by appiicttbk law. Trustee, without demand on Borrower, stall sell the Property at public auction to the highest bidder at the time aid place and under the terms designated in the notice of sale to one or mrore parcels and In any order Trustee determines. Trustee may postpone sale of all or any pLmd of the Property by public ssaoueeement at the timto and plum of any previously scheduled sale. Leader or W fledge" essay purchme the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser 'llirustee's dad conveying the Property. The recitals in the Trustee's deed stall be prima facie evidence of the troth of the statements made therein. Trustee shall apply the proceeds of the sale to the following order: (a) to all expenses of the sale, includiag, but sot limited to, Trntee's fore .@ permitted by spplimble law seadd r—m-e -able attorneys' fees; (b) to all sans secured by ebb Soa«Ity Iistrutrse at; and (c) any excess to the pelt ma or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Pwperty including those past due. Any rents. collected by Lender or the receiver shall be applied first to payment of the costs of management of tine Property and col= on of rents, including, but not limited to, reeivee''s fees, premiums on receiver's bonds and reaso-�Able attorneys' fees, =d then to the sums secured by this Security Instrument. 21. Recosveyance. Upon payment ofall sums secured by this Security Instrument; Lender shall request Trustee to reconvey the Property and shall surrender ties Security Instrument and all notes evidencing debt secured by this Security ' Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or oersans shall pay any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time to time t emove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. -- 23. Request for Notices. Borrower .requests that copies of the notices. of default and sale be sent to Borrower's address which is the Property Address. - 24, Riders to tbk Susmrity IsstrumeaL If one er more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreer mm" of each such rider shit be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument: [Check applicable box(es)]: x❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider ❑ Graduated Payment Rider ❑ Planned Unit- Development Rider ® Other(s) [specify] Acknowledgement BY SIGNING BELOw. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. ............................................... ............................... ..... . ...... Lf1� MW�.......... .........................(Seal) Jerry..L Kenyon , -4kx.o "r .............................. ...(Sea!) 1�eren i�': fenyon STATE OF NEBRASKA, County ss: On this 6th day of February 1989 , before me, the undersigned, a Notary Public duly commissioned and qualified for said county, personally came Jerry L. Kenyon and Karen _ K. Kenyon, Husband nand Wife , to me known to be the identical person(s) whose 'name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be theiz voluntary act and deed. Witness my hand and notarial seat at Grand Island, PJebraska in said county, the date aforesaid. vs �l �ALY� N gdrads My Commission expires:.'[ `...v. �, 67 2l ( C17 REQUEST FOR RECONVEYANCE r belle t^D '1'O TRUSTEE- , to The undersigned is the holder of the note or notes secured by this Deed of Trust. Said note or notes. together with all other indebtedness secured by this Decd of Trust, have been paid in full. You are hereby direcicd to cancel said note or notes and this Deed of Trust. which are delivered hereby, and to reconvo. v6ithout warranty: all, the cstdtc now held by you under thtc Deed of Trust to the person or persons legally entitled thereto. Date: