89102803 - Laserfiche WebLink

Browse

NONUNIFORM COVENANTS Borrower and Lender further covenant and agree as follows: 9--ft 10 tG 8 A 3 19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agrettnertt in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The notice :hall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from Ike date the notice Is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result In acceleration of the sums secured by this Security instrument and sale of the Property. The notice shall further inform Borrower of the right to rtlastste after accekration and the right to bring a court action to assert the non- existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at Its option may require immediate payment In full of all sums secured by this Security Instrument without further detaaad and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided In this paragraph 19, including, but not limited to. ressoaablt attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shall record a notice of default In each county in which any part of the Property is located and shall natal CVOO of such notice to the manner prescribed by applicable law to Borrower and to the other persons prescribed by a"litable law. After the time reget -ed by e.-pPeable law, Trustee shall give public notice of ask to the persons and in tht tnttttmr prescribed by applicable law. Trustee, without detested on Borrower, shall sell the Property at public auction to the hitbest bidder at the time and place and under the terms desUpsted in the notice of sale in one or more parcels and in i ny order Trwtee determines. Trustee stay Postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale Lender or its designee may purchase the Property at say stale. Upon receipt of payment of the price bid. Trustee shall 4eliver to the purchaser Trustee's deed conveying the Property. The recitals In the Trusteel% dyed shall be prima (aide; evidence of the truth of the statements made herein. Trustee shall apply the proceeds of the sale itit the following order. (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law hnd teasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or peasen 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. pz-csession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lerd r or the receiver shall be applied first to payment of the costs of management of the Property, and collection of rents. including, but not 'limited to. receiver's fees. premiums on receiver's Ninds and reasonable attorneys' fees, and then to the sums secured by this Security instrument. 21. Reconveyanee. Upen paymemof all sums secured by orris Security instrument, Lender shall request Trustceito reconvey the Property and shall surmndcr this Security Instrument and all notes evidencing debt secured by this Schley Instrument to Trustee. Trusteesh& reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender. at its option, may from time to time remove 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. r svptn ty, the siic trusiee 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 this Security Instrument. If ciae or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreernerns of each such rider shall 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)) _ (] Adjustable Rate Rider [J Condominium Rider E] 2-4 Family Rider Graduated Payment Rider [1 DDPlanooneetd� Unit Development Rider JLI Other(s) [specify) RIDERArRTGk&JDEED OF TRUST -VA MORTGA ADDENDUM 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 vin. r it: *BORROWER FURTHER REQUESTS THAT COPIES OF THE NOTICE OF DEFAULT � .............................. b NOTICE OF SALE IS S.N;T TO EACH (fir IDEl@FTiIS L AUSTEN — Borrower PERSON 1WH0 IS A PARTY HERETO AT THE ADDRESS OF SUCH. PERSONS, SET � . .. (Seal) FORTH HEREIN. HENRIETTA AUSTEN - Borrower Iswc. GOMM This Lire For Aehr4wte0pnerlt) NEBRASKA STATE OF ......................... ..... COUNTY OF .... HALL SS: ...... ...................... I ROBERTA L REED No i county and state. do hereby certify that '- VENAIS :L'.'AMEh1'AND'1MMMETTA'AVSU �JMcN -i'�� personalty appeared -T before me and is (are) kno«rr or proved to me to be the p:rcon(s) wh , bring informed of the contents of the foregoing instrument, their have executed same. and acknowledged said instrument to be ... ....... ... , . , , , free and voluntary act and deed and t::at • they (his, her, their) • .............. executed said instrument for the purposes and uses therein set forth. L(he, she, they) Witness my hand and official seal this........, 31at ............... day of ...May.............. .... ..89 r• My Commission Expires: -� RCrIsEF3 to L. RE t [t µy�-.� �� 1` Nf liryr 1'AIc This instrument was rtepared by..... !4 VJ.UM1iUS..Ei 1g; 111',4. ,4Ya.N4:.. BANK_- . ........ . .ta i7 t j