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89102706
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Last modified
10/20/2011 1:23:34 AM
Creation date
10/20/2005 9:35:25 PM
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DEEDS
Inst Number
89102706
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-1 <br />L <br />i�`� 102'70 0 <br />Nlwl :Nlltittst('r +�'t'�Atitc liarntuerandl. enderfurtherco�enant :tndagrcca�tirNuttis :'" <br />19. Acceleration; Remedies. bender shall give notice to Borrower prior to acceleration followlnR 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 law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a dote. 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 />reitatatc after acceleration and the right to bring a court action to assert the non-existence of a dtfault 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 full of all sums secured by this Security Instrument without further <br />deataad sad 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 such notice in the 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. Trustee may postpeme sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled We. 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 conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence. of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the following order. to) to all expenses of the sale. including. 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 (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph IQ or abandonment of the Property, Lender (in <br />person, by agent or by audictally appointed receiver) shall be entitled to enter upon, take possession of and manage the <br />Property and to coltkvt the rents of the Property including those past due. Any rent` collected by Lender or the receiver <br />shall be applied first tr payment of the costs of management of the Property and collection of rents, including„ but not <br />limited to, receiver's fee& premiums on receiver's bonds and reasonable att- otneys' fees. and then to the sy rt$ seCUrcYi by <br />this Security Instrument <br />21. Reconveyance. Upon payment of all suras secured by this Security Instrument. Lender shall. requesr.'rrustec to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shalt rtc'r nvey the Property wrekmui warranty and witfixtuc charge to the person or persons <br />legally entitled to it. Such person or pmens shall, poG arty recordation costs. <br />22. Substitute Trustee. Lender, at its optiom may from time to time remove Trustee and appoint a successor trustee <br />twany Trustee appointed he,}eunder by an instrument recorded in the county in which this Security Instrument is recorded. <br />*rEtivui %Xmvcyarrrc VPthC Proyertg" tire successor trustee sEt-i6Csucceed'to.ail the title... power and duties conferred upon <br />Trustee hcceen and by applicable Iowa <br />23. Request for Notices. Borrower requests that topers of the notices of default and sale be sent to Borrow'er'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 of ca.:h such rider shall be incorporated into and shall amend and <br />supplemenc.the covenants and agreements of this Secunty lnst:rument as if the nder(s) were a part of this Security <br />Instrument., (Check applicable box(es)) _ <br />Adjustabtc hate Rider j Condominium Rider' 2-4 Family Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />Others) (spercfyj <br />By SIC;NING "SLOW. Borrower accepts. and agrees to the terms and covenants contained to this Security � <br />Instrument and in any ndMs) executed by Borrower and recorded with ,t. <br />4. .> ......................(Seal) <br />(,1 y C, %ss — Borrower <br />... .............. ....... ,. .. ._.. <br />err_ Voss �3G sower <br />Sraft of Ni-HRA -sKA Hall c'r,unt.,, <br />()n this 26th day of May 19 89 , before me, rfw underlL.iaed. ;, tits aY4 f'uhh <br />duly commissioned and qualified for •.aid courtm, pc•r%onally ;dine• Cindy C. Ross and Jerry G. Ross, each <br />- :•in•her and his own right, and as S'Pouse of each other, t„ me ).nossn t ++ be the <br />identical persont,,) t0kn-c natnelst are sub%tiibed to the fmc•going inarut*te!" alid aJii+ ,slcdgcd iltc rtr.u;,rn <br />thereof to he th; it c nluntat} act and deed. <br />Wi -ne4% tnt hand and ,tolarw; •seal at Grand Island, Nebraska III sill i +,tutu "Ir_ <br />Rifle aforc%ald <br />• 41y ( <,rnml•..uln t•cpuc.• ��- � —�' � <br />GfMM 161 .IilaMif r Vgb <br />*I wa F* IN. &JL )'`•I t irk kl ( I,N1 I 1 tic I pw <br />1 +. Ile+ qtr f <br />(tat' :r.tl;'1 yl,. p._ t: 'I+. I,. ,I+.i Cf cat I +_ Ind._ •,+ 1n .. ..,j !•. t, •! I I +., i +. . ` .. , <br />rt, _1 <br />
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