90106601 - Laserfiche WebLink

Browse

..•' ;;t,�,,��+ -.�: Ott? T � �t�iretrar�ror.�r„n.:"- ;�" UNIFORkf COVENANTS. Borrower and lender further covenant and agree as folluws:018� 106601 17. Foreclosure Procedure. if Lender requires immediate payment is full under paragraph 9, leader may Invot►e 1#e power sale and any other remedies permitted by applicable law. leader skill be entitled to collect all expenses Incurred In paraalag remedies under !kb pangnpb 17. iadodtag, but not limited to. reasonable attorneys' fees and costs of NIle evldeace. if the power of sale Is Invoked. Trustee Asti record a notice of de tauU is each low is which any put of lice Properly -located and shall atoll copleo of. Kb notice to the manner prescribed by applicable law la Borrower and to the other persons -- --"--' by applicable law. After the time rewired by applicable law. Trustee shall give public notice of sale to the persons - Ia- tire- manner prescribed by applicable law. Trustee, without demand on Borrower. shall sell Ike Property at public auction the higkest bidder at the time and place and under The terms designated is the notice of sale is one or note parcels and any order Trustee deteeralnes. Trustee May postpone sale of all or any parcel of the Properly by public announcement at Time sad place of any previously scheduled sale. Leader or its designee may purchase the Properly all nay sale. Upon receipt of paysaest of the price bid. Trustee shall deliver to The purchaser Trustee's deed conveying the Property. i se recitals is the TrusIWs deed shall be prima facie evidence of the truth of the statements made lkereia. Trustee shall apply the proceeds of The salt is Ike following order: (a) to all expenses of the sale, Including, but not limited to. Trustee's fees as permitted by applicable lase and reasonable attorneys, fees; (b) to all sums secured by this Security Instrument; and (c) any excess to tke person or persons legally entitled to H. 111. Reconveyattce. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such persom oi, persons shall pay any recordation costs. lg.. ti�liasafrnmtaz "iFr�tstee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any' nTat;n; 41?poiuxiW hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveg,ma: of CINc Property, the successor trustee shall succeed to all the title, power and duties cvwftrred upon Trustee herein and b' , &rPV);c&k Uvi. 20. RequvA fitstr Notices. Borrower requests that copies of the notices of default and sale be -vim': to Borrower's address which is the Properly Address. "Borrower further requests that copies of the notices of default and sale be sent to the persotr set forth herein." Acceleration Clause. Rr,)m-rwer agrees that should this Security Instrument and the note secured thereby not be eligible for insurance undo the National Housing Act within sixty days from the date hereof. Lender may, at its option and nvpxal•u Landing anythsug in ft=..t<ryaph 9, require immediate payment in full of all sums secured by this Secud:tk Instrument. A wriitl=statement of arxy aul:bacio.- i.avent pf the Secretat.S fluted subsequent to sixty days from the date hereof, deelinir ra 6e'�Grtre <CrsaucEty %ra�a-urneat ae�� -2"te tote secured thereby, shall be deemed .x�h.ciuusns+e proof of such ineligibility. Note Ede s=diny ht 3orepatW ^.5.' s = rtion may not be exe6zf.vet by Lender when the rYmVkaraKity of insurance is solely due to ltvder" s '',ara' -Um 10 remit A i=rtgage insurance prenz, aernz fe clue secretary. Riders to rids Security Instrument. if One or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants 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 in a pan of this Security instrument. (Check applicable box(es)] Condominium Rider 0 Adjustable Rate Rider Growing Equity Rider PlannezB Unit Development Rider 0 Graduated Payment Rider Other 1111 SIGNING BELOW, Bc+ae a�wer aa.epu and agrees t'z the terms con'Mbi a M. �li�s Security In crttment acrd in any rider(s) executed by Borrower and recerdea with :t. • Witnesses: (Seal) tr ck l.. S - Borrower Mic ell - .��. ey Borrow (Seal) Borro�k.r - Borrower Page 4 of 4 ACKNOWLEDG;VIENT 1/We, Patrick E. Wilsey and. Ndche,11Ie A. WLISey , ( "Trustor "), under. cln(.to.-rtain Deed of Trust dated November 16, 1990 p;• GeD d off •lnvifl to be entered into as t�3ntr Trus�or, Cou�err_ial Federal Bank, A Federal Savings Batdc. . ( "Trustee ") and The Qverlsnd.:fational Bank of Grand Island ( "Dett`ficiary")'Lay.ering the f 0f lowing described property: LEGAL DESCRjl''TION: Lot Severs (7), in Block Three. (3.), fn. Schimmerrs Addition to the City of Grand Island, Hall County, Nebraska. hereby acknowledge that it is understood that (a) the Deed of Trust to be executed by frustor is a trust deed and not a mortgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default of breach of obligation. Trustor•Achnowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. Executed and delivere this 16th day of Novemb r t9 90 Trustor �at E . i sey ` frutiiur ;!i chelle A. Wilsey / State of Nebraska. Hall County ss: The foregoing instrument was acknowledged before me 0h. 16th day of, November .19 90 by Patrick E. Wilsey and Michelle A. Wilsey, husband and wife Witness my hand and notarial seal at Grand Island, Nebraska in said C;,ounty�, he date aforesaid. EMA!W_* tll AfAAYStt� M ittlrmlt �!a-� l�ty commission expires: TERBSALMwER %war% 110h,: � . ErD• Hen t5. I