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90105776
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Last modified
10/20/2011 7:07:52 PM
Creation date
10/20/2005 9:48:29 PM
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DEEDS
Inst Number
90105776
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1 <br />NONUNIFORM COVENANTS Borrower and lender further cover ant and agree as follows 90 -10 y ` ` J <br />19. Aceeleratloa; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrowers <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 />r default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be curedi <br />1 <br />ad (d) that failure to an 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 nonexistence 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 />st its option nay require immediate payment in full of all sums secured by this Security Instrument without further <br />deansad and may invoke the power of sale and any other remedies permitted by applicable law. Leader shall be entitled to <br />1 collect all expea ses incurred in pursuing the reaedies prodded in this paraagrapb 19. including; but lot limited to <br />reasonable attorneys' fees and costa of tick evWkmm. <br />N the power of sale is tavoked, Trustee dM record a notice of default is eacb county in which my part of the <br />i Property is located and shall mail copies of sub notice in the +saner prescribed by applicable law to Borrower and to the <br />other person prescribed by applicable law. After the dme inquired by applicable law, Trustee shall gilre public notice of <br />sale to the perseas and is the maned prescribed by applicable law. Trustee. without demand on Borrower, shall sell the <br />Property at plablic suction to the highest bidder at the time and place and under the terms designated In the notice of sale in <br />ot,e or m. T parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public anso>'ncd ssent at the dare and place of any previously scheduled sale. Leader 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 orders (a) 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 exe m to the person or persons legally entitled to it. <br />1 20. Leader In Possession. Upon acceleration under paragraph 19 or abandonment of the Property. Lender tin <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and mangle the <br />Property and to collect the ream of the Property including those past due. Any rents collected by Lender or the receiver <br />I shall be applied first to payment of the costs of 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 secured by <br />thig Security Instrument. <br />21. Reconveyance. Up.-3n payment of all sums secured by this Security Instrument. Lender shall request Trustee to <br />rare ?avey the Property and sh;vl surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <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 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 />1 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 of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreemeratts of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)) <br />j ❑ •Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider <br />❑ Graduate! Payment Rider [] Planned Unit Development Rider <br />1 ❑ Other(s) [specify] <br />li BY SIGNING BELOW. Borrower accepts anal agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower aeld recorded with it. <br />I' ........... Jif�/IA ..�� .. ............................... ..ilea!) <br />: ...................................................... ............................... .Mark D. Stalk <br />�-�- - ilrntou,e► <br />I......................... ............................... .,,._. �.I�(LGU...,� rr.•::' !.... (Seal) Matilda Lee Stalk - 8arm"k <br />STATF r)1 NUHRASKA. Hall County <br />On this 1st day of October . 1490 . before me, the Midertllgned, it Nolal% fail;% <br />duly commissioned and qualified for said count}, pertsonall% came Mark D. Stalk and Wanda Lee Stank. <br />each in his and her own right and as spouse of each other , to nle I\noull 11► h% the <br />identical person(it) %how namely) ;tic •td- ,rrtk-d to thti.. tting Itt,.trltnlcen and acltnouledged the cticcllulln <br />thereof to he their \olunrar% act and decd' <br />Wilncs%my hand and notarial seal at Gr�ttd Island Nebraska In %ald IIle <br />date aforesaid. <br />My Commission opus.: <br />ill <br />Ihr undcl4�lgned 1% 111e holdCI Ill the hale ill nolc. •c.nrt41 11\ 1 1. I)et'd t.1 Ilu.t `cud 111(e .a ntllt't. Ittetlh, I <br />Ntlll allothe1111delltcdnv%%, %v,tt1et111% till% I)eell ill 11110. 11.1\c I%t ell I1.Ittl Ill 11111 5 •111 .1t; lit'101\ tlllt.lt'.I 1.1 \.lilt I ..I1.1 <br />11111c Ill noly, mill till% Deed 411 IIII \1, \\111111 rile dchtrlt'tl Ilt'I01 \, .11111 1., 1t.,,1l o .t111t.1111 t%.ltt 1111\. .111 111. <br />1AIN held h♦ %ou ondo IIIP. lived Ill 1111%1 tit lilt' I%L-1 wil ..1 Intl t11. •, I., <br />Dais <br />., . <br />.,. ,n i, <br />"""'I <br />1 <br />�a•i <br />r• <br />r <br />J <br />
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