87107255 - Laserfiche WebLink

Browse

I I I , i ~ I I I I I I ! i 1 I I. I I i J ! ! , ~ i 1. 87- "107255 NON. UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 19. Accelerallon: Remedies. Lender shall give nollce to Borrower prior to acceleration following Borrower's breach of any covenant or agreement In this Security Instrument (but not prior 10 acceleration under paragraphs 13 and 17 unless applicable law provides otberwlse). The nollce shall spedfy: (a) the default: (b) the acllon required to cure the defaull; (c) a date, not le!lll than 30 dnys from the date the notice Is given to Borrower, by which the defaull must be cured; and (d) that fllllu.. to cure the defaull on or before the dat~ specified In the no lice may resull In acceleration of the sums secured by this Security Instrument and sale of the Property. Tbe notice shall further Inform Borrower of tbe right to relnslllte after acceleration and the rlaht io bring a court action to II!IlICrt the nonoelllstence of a defaull or any other defe.nse of Borrower to acceleration aad sale. If the defaull Is not cured on or before the date specified In the notice, Lender at lis option may ..qui.. Immediate payment In full of all sums secured by this Security Instrument wllhout further demand and may Invok~ the power of sale and any other remedies permitted by applicable law. Lender shall be entllled to collect all ex~nses Incurred In punuln. the remedies provided In this paragraph 19, Including, but not limited to, reasonable attorney's fees and costs of title evidence. If the power of sllle Is invoked, Trustee shall record a notice of default In each county In which any part of the Pro~rty Is located and shall mall copies of such nollce In the manner prescribed by applicable law tQ Borrower and tQ the Qther ~nQns prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice Qf sale to the penons and In the manner prescribed by applicable law. Trustee, wlthQut demand on BorrQwer, shall sell the Property at public auction to the highest bidder at the lime and place and under the terms designated In the nollce of sale In one Qr mo.. parcels alld In any order Trustee determines. Trustee may PQstpQne sale of all or any parcel of the Property by public annQuncement at the time and place of any previously scheduled sale. I.ender or Its designee may purclillSe the Property at any sale. Upon receipt Qf payment Qf the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Pro~rty. The recitals In the Trustee's deed sball be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of Ihe sale In Ihe following order: (a) 10 all expenses Qf Ihe sale, Including, but not limited tQ, Trustee's fees as ~rmltted by applicable law and reasonable attorney's fees: (b) to all sums secured by this Security Instrument; and (c) any excess 10 the ~l'lIOn or penons teglllly entitled to It. 10. Lender.ln 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 possession of and manage the ProperlY and to collect the rents of the Pr!lperty including those past due. Any rents collected by Lender 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 bonds and reasonable attorney's fees, and then to the sums secured by this Security Instrument. :U. Reconveyance, 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 person or persons shall pay any recordation costs. 12. Subttllule 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. Without conveyance of the Properly, the successor trustee shall succeed 10 all the title. power and duties conferred upon Trustee herein and by applicable law. 13. Request fQr NQtkes. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 14. Ridei'll tQ Ihls Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security tnstrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)) o Adjustable Rate Rider o Graduated Payment Rider o Other(s) [specify) o Condominium Rider 0 2-4 Family Rider o Planned Unit Development Rider s and agrees to the terms and covenants contained in this Security Instrument and recorded with it. ( Seal) (Seal) Bor~r- --, (Seal) (Seal) BorrtM'er- -Bor~1:r ISpace Below This Line For Ackno.....ledlrmrntl STATE OF NEBRASKA } SS: COUNTY OF HALL I, THE UNDERSIGNED , a Notary Public in and for said county and state, do hereby certify that DOUGLAS V. STROHL JR. , A SnG.E ~ before me and is (are) known or proved to me to be the person(s) who. being informed instrument, have executed same. and acknowledged said instrument to be HIS HE . personally appeared of the contents of the foregoing free and voluntary act and ~ .' .~ (his, hCf, theif) deed and that executed said instrument for the purposes and uses therein set forth. (he, \he, theYI 21ST DECEMBER 87 day of 19 ., (Seal) Notary Public 0f;~ -~ . ,.,,' (', --"L7-'(;Z')f.lv~ :~".,.) ~,-'-' My Commission >--. ... Thh inururnent wa' prepared by