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89101193
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Last modified
10/19/2011 7:33:59 PM
Creation date
10/20/2005 9:20:21 PM
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DEEDS
Inst Number
89101193
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�Q �- 101193 <br />" ""e — - -- — — — <br />19 Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement in this Security Instrument (but not prior to accelemtion under paragraphs 13 and 17 <br />unless aflicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the right to bring a coma action to assert the rwa- existence of a default or any other <br />defease of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice. Lender <br />at Its option may require immediate payment In full of all sums secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. bender shall be entitled to <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including. but not limited to, <br />reasonable. attorneys' fees and costs of title evidence. <br />If the power of sale is invoked. Trustee shall recort a notice of default in each county in which any part of the <br />Property Is located and shall mail copies of such notice in tht; Manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels and in any order Trustee determines. rrus -e may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previot*y sdeMW sale. Lender or Its designee may purchase the <br />Property at any sale. <br />I:Von receipt of payment of the price N4, Trustee shall deiitn-, To tte prarahaser Trustee's deed conveying the <br />Proper The recitals in the Trustee's deek Mall be prima facie evf(fei & fif t!ke t th of the statements made therein. <br />Trustee shall apply the proceeds oftfse safe t h t&e following order. (a) ft &B etirae=ss ,zf the sale, including, but not limited <br />to, Trustee's fees as permitted by appIIcalW:i ',-and reasonable attomers"fees; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the persg' Qe' - Wrsons legally entitled to it. <br />20 Lender in Possession. Upon acceleration under paragraph 19 or abardcamcnt of the Property, Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter uom take possession of and manage the <br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver <br />shall be applied first. rr.payment of the costs of management of the Fvcfxrty and collection of rents, including, but not <br />limited to, receivW,%f4, premiums on receiver's bonds and reasonab izi etlorneys' fees, and then to the sums secured by <br />this Security. Instr;;6t ynt. : <br />M Reconveyance. Upon lw iment of all sums secures: t±y this Security lender shall regti.e:r T.ruste� r,; f,..;,,• <br />reconvey the Property and shall surrender this Security Instrument and all notes ivktdttncing debt secured by this.Securlt*i; ; <br />Instrument to Trustee. Trustee shall reconveythe Property without warranty and siz,Niut char Um to the person or perscds <br />legally entitled to it. Such person or persons 4B ;ill. pay any recordation costs. <br />22. Substitute Trustee. Lender, at its c1ption, may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to all the-title. power and duties conferred 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 Property Address. <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with ; <br />this Security Instrument, the covenants and agreements ofeach such rider shall he incorporated into and shall amend and <br />supplement the covenants and agreements4 of this Security Instrument as if the riderl.i) were a part of this Security <br />Instrument. [Check applicable box(es)) <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider f <br />❑ Graduated Payment Rider ] Planned Unit Development Rider <br />(&Other(s) [s)uecify] ACKNOIJLEDGENIENT OF POWLR Oi- SALE <br />BY SIGNING BELOW, Sorrower accepts and agmes to the terms and 'covenants contained in this Security <br />Instrui tent and in any rider(s) executed by Borrower and r:r_nrded with it. � =V <br />t ............................. (Seal) <br />J... T - SUTTON - orrower <br />�. ....L..,...... .. .....(Seal) <br />ROBERTA. 1n. SUTTON - Borrowr <br />IS;arr. attow This line For Ac19:arWedgrnentl — <br />STATE OF ...NEBRASYA <br />COUN'T'Y OF .... HALL ...................... 1 SS. _ <br />The foregoing instrument was acknowledged before me this..,313D DAY OF (MARCH 1989 <br />.......... ............................... <br />by 1J !1A.q. T MTTQN. & Oiik,R A E SU TON HUS$AND b WIFE AS JpINT aTENANTS 41ITl�;�t_ ��ii •�; } <br />_ �.._ . <br />SURVIVORSHIP, AND NOT AS TE .. .. ... .' '. • <br />NAN�s�g <br />My Cammi:,siun expires: <br />h <br />rt 0 MO MM <br />/ Y <br />A1RMkT ti. HOWARD <br />_ Notary 1'111)1ic <br />This in,.truient wa,. p. cpared by....r(�ltk(�r��,.(311•y . <br />�ff yG1ii13A46A ,.iu3'i'1J1JAL.�ti::5ti(.lrt't i.tl,'. .................... <br />' t <br />
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