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iAwlavF. - i - fx }sir vj 7 ,�.r1 -. �. ... <br />••.r ^ - <br />- <br />i, jjf11J��1r '�"�r1},..Cr514-- iJp4��i� ..> <br />- 7,.SV1., .:• � .. _ ... <br />_ t. _ <br />'' �.�•�.} i� `rs - i,iii j P >'rJ � ti`4�y`�t+�ic� �! ...i °•'� � "•o.�>�riQ -- <br />�.aa ss <br />NON - UNIFORM COVENANTS. Borrower and Lender further cmenam and a):rev as follovvc: <br />17. f:orerlosure Procedure. If iiender requires immediate payment in full under paragraph 9. fender may invoke the power <br />of sale and any other remedies permitted by applicable law. Lander shall be entitled to collect all expenw3 incurred In pursuing <br />Ilse remedies under this paragraph 17, including. but not limited to. reasoaabk &harass' Iris anti costs of title evidence. <br />ft the power ®t sale Is invoked, Trustee situp record a notice of defaull In each county in v►hicb any part of the Properly <br />Is located and shall mail copies of svKh natice in the manner presvribed by applicable law to Borrower and to 'be other persons <br />prescribed by applicable law. After the there required by applicable law. Trustee shall Rime public notice of sale to the persons <br />and in the meaner prescribed by appkabk law. Trustee, without demand on Borrower, si 4 sell the Property at public auction <br />to the highest bidder at the time and place and under the term. designated In Ike notice of sale in one or more parcels and <br />in any order Trustee delermiata. Trustee may postpone sale of all or any parcel of the Property by public announe M01 al <br />the time and place of any previously scheduled sale. Lender or Its designee may purchase the Property at any sale. <br />Upon receipt of payment of ike price bid, Trustee shall deliver to Ike purchaser Trustee's deed conveying the Properly, <br />The redlab to the Trustee's reed shall be prima tack evidence of the truth of the statements made therein. Trustee shall apply <br />Ike proceeds of the sale to the following order: (a) to all expenses of the sale. including, but not limited to. Trustee's fees <br />as permitted by applicable taw and ressotable attorneys' fees: (b) to an sums secured by this Security Instrument; Oita ie) slay <br />excess to the person or persons legally eatitkd to It. <br />IL Reeoaveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey <br />the Property and shall surrender this Security instrument and all notes evidencing debt secured by this Security Instrument <br />to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled <br />to it. Such person or persons shall pay any recordation costs. <br />19. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to <br />any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without <br />conveyance of the Property. the successor trustee shall succeed to all the title. power and duties conferred upon Trustee herein <br />and by applicable law. <br />20. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address <br />which is the Property Address. "Borrower further requests that copies of the notices of default and sale be sent to the person <br />set forth herein." <br />Acceleration Clause. Borrower agrees that should this Security Instrument and the note secured thereby not be eligible <br />for insurance .under the National Housing Act within 60 days frtain the date hereof, Lender may. at <br />its option and ncov ichstanding anything in Paragraph 9, require immediate payment in full of all sums secured by this Security <br />Instrument. A wri:aet3 statement of any authorized agent of the Secretary dated subsequent to 60 days <br />from the date hereof; declining to insure this Security instrument and the note secured thereby, shall be deemed conclusive <br />proof of sr:h ineligibility. Notwithstanding the foregoing, this option may not be exercised by Lender when the una1ail3bility <br />of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the secretary. <br />Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this <br />Security Instrument. the covenants of each such rider shall be incorporated into and shall amend and supplement the covenants <br />and agreements of this Security Instrument as if the rider(s) were in a pan of this Security instrut„erit. "It.eck applicable box(es)) <br />0 Condominium Rider F-1 Adjustable Rate Rider Growing Equity Rider <br />0 Planned Unit Development Rider 0 Graduated Payment Rider � Other <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms contained in this Security instrument and in any riders) <br />executed by Borrower and recorded with it. <br />Witnesses: <br />(Seal) <br />Eduardo Ra se //z j� - Borrower <br />� ...,.� ,.7�,�r. /� dr�ti (Seal) <br />)i <br />iamantirta Ramirez' J - Borrower <br />(Seal) _ (seal) <br />-Borrower - Borrower <br />Pave 4 of 4 <br />ACKNOWLEDGMENT <br />1 /We. Eduardo Ramirez and Diamantina Ramirez , t"Trustor''t. under that certain Deedbf Trust dated <br />November 28, 1990 , ( "Deed of Trust ") to be entered into among Trustor. National Bank of <br />Commerce Trust and Savings Association, 13th and "0" Street, Lincoln NE 68508.( "Trustee ")and <br />The Overland National Bank of Grand Island (('Beticfi,:iary ") covering the following described property: <br />LEGAL DESCRIPTION: <br />The Southerly Eighty Eight (88) Feet of Lot Eight (8'), in Block One <br />Hundred Thirty Three (133), in Union Pacific Railway Company's Second Addition to the City <br />Rf Gransa Ise nd Hall C unty Nebra k <br />ereby acknowledge that it is unserstood that (a) the Deed of Trust to be executed by Trustor is a trust deed and not a mortgage <br />and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor <br />than a mortgage in, the event of a default of breach of obligation. <br />Trustor Acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. <br />Executed. and delivered this 28th day of Nov tuber .19 90 <br />Trustor Ear m rez tr,..tor Diamantina Ramirez <br />State of Nebraska. <br />The foregoing instrument was acknowledged before me this <br />by Eduardo Ramirez and Diamantina Ramirez, hus <br />Witness my hand and notarial seal at Grand Island, <br />My commission expires: � fRTAAY, L P d 162b <br />it)t Con a. E* Mss. dts IM <br />Hall Count) ss: <br />28th day of. November . 1 9 90 <br />band and wife <br />Nebraska in aid County, the date aforesaid. <br />'•iz : tint'` • • :.�f'• <br />is- <br />t ,1jc <br />