|
NoN- UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follo4. 104085
<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 gad 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) Ike default; (b) the action required to Core the
<br />i default; (c) a date, not lea 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 tale date specified In the "ties may restuIt in acceleration of the twins
<br />secwred by this Security Instntateat gad sale of the Property. The notice shall further inform Borrower of the right to
<br />reinitiate after acceleration and the right to bring a court action to sunset the nonexistence of a default or any other
<br />defeaae otBormwer to acceleration and "k. If the default is not cured on or before the date specified in the notice, Lender
<br />at its option nay require immediate payment in fan of all autos secured by this Security Instrument without farther
<br />demand and nay invoke the power of ask and any other remedies permitted by applicable law. Leader shall be entitled to
<br />collect all expel es incurred to pnrsalae the remedies provided in this paragraph 19, including; but not limited to,
<br />reasonable attorneys' fete and costs of title evidence.
<br />If the power of ask is invoked, Trurstee shall record a notice of default in each county in which any part of the
<br />Property is located and shall wail copies of such notice In the naoner prescribed by applicable law to Borrower MA to the
<br />other peesoas prescribed by applicable law. After the tine required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by appliable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public suction to the highest bidder at the time and place and trader the terms designated in the notice of sale In
<br />one w more pareekand.iin any order Trustee determines. Trustee nay postpone sale of all or any parcel of the Property by
<br />public ant at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />r Upon receipt at payment of the price bid, Trustee shall deliver irz the purchaser Trustee's deed conveying the .
<br />}Property. The recitals in the Trustees deed silted be prima facie evidleillm bf the truth of the stata^meats made therein.
<br />t ' . Trustee shall apply the proceeds of the sale in the following order: W toy alt expenses of the sale, iind.`uding, but not Handed
<br />to, Trustees fees as permitted by applicable law and reaseasbk attorneys fees; (b) toad auras beenred by this Security
<br />Isatntntent; gad (c) any excess to the person or persons legally entitled to It.
<br />P 20. Leader in Possession: Upon, accelemden undet+ paragraph 19 or abandQO:mez r of the Property, Lender (in ,
<br />1 person, by agent or by judicially ap ointed receiver) shall be entid a•1 to. enter upon, tike possesscon of and manage the
<br />Property and to collect the rents of the Property including those past 4.ue: Any rents lecticted by Winder u the 6e t l pf
<br />1 shall be applied first to payment a't'the costs of management: oaf the Property and cat of rests. including: buc t�v� .. t.'
<br />limited to, receiver's fees, premiums. en receiver's bonds anti nmsonable attorneys' fees, aitd then to the sums scr¢rued 6 t
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee 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 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 fkom 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 Nodeles. 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 rifler shall be incorporated in, shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were' a part of this Security
<br />Instrument. (Check applicable box(es))
<br />_ [3 Adjustable Rate. Rider E] Condominium Ridei . ❑ "2-4 Family Rider _
<br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider
<br />Other(s) (specify] 1 -4 Family Rider
<br />j BY SIGNING BELOW, Borrower accepts and agrees to the to d covenants contained in this Security
<br />Instruument and in any rider(s) executed by Borrower and recorded with it.
<br />.......................................................•. ............................... .... .................� . ............. ....(Sat)
<br />nn Rill v — 46arower
<br />......................................................... ............................... A'; arlsene Pf a ly ......................— e(sea)
<br />STATE of NEBRASKA, County ss:
<br />On this ail day of T,4 ,19CI , before me. the undersigned. a Notary Public;
<br />duly commissioned and qualified for said county, personally came Don Pauly and Marlene Pauly, each in
<br />his and her own right, and as spouse of each other . to me known to be the
<br />identical person(s) whose narne(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be their voluntary act and deed.
<br />Witness my hand and notarial seal at } in Said county. the
<br />date aforesaid. OFFICIAL SEAL
<br />BRUCE E. MARTIN
<br />My Commission expires: SANT ���'� i _�``e4 E
<br />L 2 �t 1 v SANTA CLAM COUNTI
<br />E . FfQ 12. it190 %War% Puht,.
<br />ANC'k
<br />Tip I'm ,It t.
<br />The undc'r%tgned t% the holder of the note or note, c,utc�l h•. ihi. M %M ,rt I rtt'•t ItaiLt n,+tC , +r ,1,+tc%,
<br />:.nth all other hit tilt~ I)CCd tit Irrt,t. hay F�.n 1 +.tt.l n: roll 1 n r ar it:,•., +� ,t.,, , ,,I r, .,ui.,t •.r.,t
<br />rt,,tc or ttul%:ti an.i rht • 1)_,:$ .Jt I►trtit. %N1110r err and ,_� '.�, li.• ,; a., r.nt ++• .rl{ It.r . r'.
<br />r,:,s field t+� <<,u cn,alt•r tit:, I) rrl .!t irtt.t t , the 1 +,r. •,. r., l:: _ , ',.! 't, r -
<br />
|