|
r
<br />L
<br />-,IEEE
<br />r
<br />r
<br />T_
<br />NoN•UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 89-- 101526
<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 acceleration under paragraphs 13 and 17
<br />unless applicable taw 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 drys 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 court action to assert the non - existence of a default or any other
<br />defense 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 fail 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. Lender 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 record a notice of default in each county in which any part of the
<br />Property Is located and shall mail copies of suA notice in the manner prescribed by applicable law to Borrower and to the
<br />other persons prescribed by applicable I&* After the time required by applicable law. Trustee shall give public notice of
<br />sale to the persons and in the mast prescribed by agpllesble law. Trustee, without demand on Borrower, shall sell the
<br />Property at public auction to the bzghest bidder at the tfine and grace and under the terms designated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Ttn,cstw tom-postpone sale of all or any parcel of the Property by
<br />public announcement at the time and place of any previousl g.scheiduled sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed ctaaveying the
<br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statemenm made therein.
<br />Trustee shall apply the proceeds of the sate fm the following order. (a) to all expenses of the salve_ hvIudia& but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (0 any excess to the persu.n or persons legally entltied to it
<br />24. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of t."" property, Lender (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, 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 fart to payment of the costs of management of the Property and collection of rents, including, but not
<br />limited to, rec; ��� fLe:s, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security lis_'r =ent.
<br />21. Ilemnveyance. Upon payment of all sums secured by this Security kis•:cnment, Lender shall request Trustee. to
<br />reconvey the Property and shall surrender ilr,':s Security Instrument-and all rlctes evidencing. dobt secured by this Securnag
<br />Instrument to Trustee. Trustee shall reccmv y the Property without warran -tv z:t3 without chi ge to the person or person,
<br />legally entitled to it. Such person or persons shall pay any recordation costs_
<br />22. Substitute Trustee. Lender, at its option, 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 this Security Instrument is recorded.
<br />Without conveyance of the Property, the successor trustee shall succeall to all the title, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borower requests that copies of the notices of def2.ylc and sale be %ent to Borrower's
<br />address which is the Property Address.
<br />24. Riders to this Security Instalment. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each such ?. ,eider shall be incorporatai into and shall amen. apd
<br />supplement the covenants and agreements of this Security Instrr z..-nt as if the rider(s) were a part of this Sec; risy
<br />Instrument. [Check applicable box(es)]
<br />❑ Adjustable Rate Rider ❑ Condom -nium Rider ❑ 2-4 Family Rider
<br />❑ Graduated Payment Rider ❑ Planned Unit D.S Iopment Rider
<br />F2j*Other(s) (specify] 14 Family Rider (AssignTent of . 3snts)
<br />BY SIGNING BELOW, eerrower accepts and agrees to tr .- terms and; covenants contained ir. tt }s Security
<br />Instrument and in any rider(s) executed by Borrower and recorded v i?h it.
<br />.................... . .................... ............. I ........ I............. J �••4�. ;Seal)
<br />C arles F . L� tg go. -�wgt
<br />....................................................... ...........I................... ... .44i.�./.c'- 1r,_J�.
<br />Colleen E. Lange
<br />SIAit OF NEBRASKA, Vail County ss:
<br />On this 21st . day of March .19 89 , before me. the uttdelsigned, a >:':; Public
<br />duly commissioned and gtr.Ilh'-,- d for said county. personally cattle Charles F. Lange and Collsizirl, . t- , Lange,
<br />each in his and her t9 r,, right, and as spouse of each other . to life ftr,tAvtt to he the
<br />identical person(s) whose Iiizt;Ie(s) are subscribed to the foregoing instntlncnt and acknouledged the e%ccution
<br />thereof to be their voluntary act and decd. _
<br />Witness my hand and - ctaria! seal at Grand IslaneifNeb aska in said couttty. the
<br />date aforesaid.
<br />" 7
<br />fitly Commission expires: C1• % ��� I
<br />m� WArNat of 168h /
<br />�f1fLBEAZLEY llh(11;1•SI
<br />fit T
<br />rjow i4 W 1.10
<br />l ht' Utlder51C1ICC1 S. (he {It,lde, lit the jut, c t,, litta'+ .cillfitl {t:, tin. 1)cctl nF 1 rthf Said fl �ti ;y IP`f In trill: t
<br />mlh all other tntlehtetfnr,, �CC11ICtl 11 tllll, Ih•ctl tit l ttl�l. h.fte Hrt•n t+.mt Fll till! l t•u .0 het'{,v tliF t hd tt, .unlit d1.;
<br />llnlc of Il(INN .Ills! flli� D'cd of It!lyl. tthich .11c ttt'IF' :itt ;t he "_ ". old S,• t-.tlt, filth„ +1' ^..Ir!, <�.It, S1' I"t• -"f ,r
<br />% „It 11FS11ce fill, Ire C'tl +,t 1 u "I ti -i iii:• i•ia.,t � .
<br />i' t`it.••ir. i_'t•.F11. ,
<br />I=
<br />i
<br />A
<br />�t
<br />4.
<br />%r :!
<br />t
<br />v
<br />
|