|
1
<br />89-` 102443.
<br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19 Acceleration; Remedies. Lender shall Bite notice to Borrower prior to acceleration following Borrower's
<br />hreaeh of any cotenant or agreement in this Security Instrument (but ad prior to acceleration under paraQsom 13 and 17
<br />mains applicable law provides otberuise). lire notice !shall specify: (a) the default; (b) the action required to care the
<br />dtdaait; (c) a date. not ham 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 care the default on or before the date specified in the notice tiny result in sccelerstioa of the sums
<br />sectored by this Security Iaatruesest and sale of the Property. The notice shall furtber (dorm Borrower of the right to
<br />rel state after aecelersdoe and the right to bring a court action to avert the novi4xistence of a default or any other
<br />defeat of Borrower to acceleration sad ale, If the default is not cured on or before the date specified In the notice, Leader
<br />at its option way require immediate payment in full of all sums secured by this Security Instrument witbout further
<br />demand and tray invoke the power of sale and any other remedies permitted by applicole law. Leander hall be entitled to
<br />colkct all .expenses incurred in parssiNg the remedies prodded in this paragrapb 19, including, but Not Waited to,
<br />reasonable attorneys' few and comb of title evidence.
<br />U.thte power ai ode Is iatoked, Tnowe shall record a aotiee of default G each county fa whicb uy part of the
<br />Property is baud and sl dl semi copies of sechi notice is the manner prescribed by applicable law to Borrower and to the
<br />otber persons prescribed by applicable law. After tie time required by applicable law. Trustee doll give public notice of
<br />sak to the persons and in the manner prescribed by applicaMe law. Trustee, witbout demand on Borrower, shalt seq the
<br />Property at public auction to tie bigltest bidder at the tine annul place and under the terms designated in the notice of sale in
<br />one or more parcels and in say order Trustee determines. Trustee may postpone sale of ail or any parcel of the Property by
<br />public announcement at the time sad place of any previously wbeduled sale. Leader or its dednee may purchase the
<br />Property at any Sale.
<br />Upon receipt of payment of the price bid. Trustee shall deliver to the purchaser Trest2w"s deed conveying the
<br />Property..Tbe recitals in the Trustee's deed shall be prima facie evidence of the troth of the statements made therein.
<br />Trustee ,hall apply the prbreeds of the sale is the following order. (a) to all expenses of the sale. kdoding, but not limited
<br />to;, Trustee's fns as permitted by appllicable law and rearouaile attorneys' fees; (b) to all sums secured by this Security
<br />Inshument; and (c) any excess to the person or persons legally entitled to it.
<br />20., Leader in Possession, Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />person, tip agent or by judicially appointed receiver) shalt 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 first to payment of the costs o:s.management of the Property and collection of rents, including, but not
<br />limited to; receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees. and then to the sums seemed by
<br />this Security Instrument.
<br />21. Recoateyance. Upon paytttssnt of all sums secured by this Security Instrumeit, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Insiam -ent and all.notm evidencing debt secured by this S=rity
<br />Instrument to Trustm Trustee shall reconve the Property without warm a and without charge to the
<br />Y pe Y Y g person or pers.ans •• .
<br />legally entitled to it. Such person or persons shall pay any recordation cwx..
<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 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 czipns of the nm.wz of default and sale be sent to Borrower's �
<br />wddress wfiich is the Property Address. .
<br />24 Riders to this Security 2witustat. If one or marl: ciders are e_v=uted by Borrower and recorded .ogeiher with
<br />this Security Instrument, the covenants and agreements of itch such ridw-.shall be incorporated into and shall amend and
<br />supplement the covenants and agreements olf rids Security lnstrumrt: as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box, es)] F :
<br />_ ❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 24 Familg Rider _
<br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider
<br />(�R} Other(s) [specify) Acknowledgement
<br />BY SIGNING BEt.ow, Borrower accepts and agrees to the terms and ase•rstants contained in' this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />-2 !�
<br />. ............. ........................v�..... ....................
<br />...... �' ....(neap
<br />Dennis H. Jakob — kirro■w
<br />............................................. ............................... ........... l,.l!.1,.)... �.r.: �,; d�,.� :- / .,......................... .(Seal)
<br />Ja l Iris P. Jakob -- eo►►o%..
<br />STATE of NEBRASKA, Hall County 55:
<br />- On this 5th day of MaY ,19 82, before me, the undersigned, a Notary Public
<br />duty comraissioncd =d qualified for said county, personally came Denr,i L- H. Jakob and
<br />Janis P. Jakob, Husband and Wife , to me known to be the
<br />identieat' ;rrson(s) whose name(s) are subscribed to the foregoing instrument and acknowledged thw" execution
<br />thereof to be their voluntary art and deed.
<br />Witness my hand and notarial seal at Grand Island, Nebraska in said county. the
<br />date afowsaid.
<br />ttr
<br />` !
<br />GL
<br />w tlsmn 4 tint: »,1fIQ Notary t'ubtll, ti
<br />REQUEST FOR RECONVEVANCE r
<br />W
<br />Tr►Tkt :titEt: � .
<br />i he undersigned 1: tyre Itl,lder c11 the note ur mutes secured by tht? 11ced of lru -.,t. Sjrd note or notci, roiRl rues is
<br />A ills ale trttrer rndebt7drie :; ,eciired b-►' this !iced (if Tnt;t, hale been p:.nrt ill full Your afe t,�rc1L aur�r,.,.+ n a •ul r 1 • -.u.1
<br />_ r. •,.rte r,t� ,tn1 rte., !)annul Ian( lru,t, Ktnch .ire delr cre:1 hetchi.. '1141 ire ri�I tncL..�rtf: :•,r; ",rrr.rrr... 11! It• s :.,1,
<br />.. 1x f• •.4 ic`it !'. Lu ! Nlid(.'r t`ti, i , ! L.
<br />: l ectf s t Itu•.t tl• hr t-cr, :•ran 1,tf „'r.: i +e11. :tt :rrlcJ :in�r�rn.
<br />1>'.Ir••
<br />s'
<br />
|