|
<br />I
<br />
<br />L
<br />
<br />'I",.',",,'
<br />S
<br />
<br />87- /"7~Y
<br />
<br />NON-UNIFORM COVENANTS, Borrower and Lender further wvenant and agree as follows:
<br />19, Acceleration; Remedies, Lender shall give notice 10 Borrower prior 10 acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior 10 acceleration under paragraphs U and
<br />17 unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required 10 cure the
<br />default; (c) a date, not less than 30 days from the date the notice is given 10 Borrower, by which the default must be cured;
<br />and (d) that failure to cure the default on or before,the date specified in the nOlice 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
<br />right to reinsrate after acceleration and the right to bring a court action 10 assert the non-existence of a default or any
<br />other defense of Borcowecto acceleration and sale. If the default is not cured on or before the date specified in the notice,
<br />Lender at its option may require immediate payment in full of all sums sec'.lCed by this Security Instrument without
<br />further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be
<br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not
<br />limited to, rea!'.()nable attorneys' fees and costs of ritle evidence,
<br />If the power of sale is in,'oked, Trustee shall record a notice of default in each county in which any part of the
<br />Propeny is located and shall mail copies of such notice in the manner prescribed by applicable law to Bocrower and to the
<br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder at rhe rime and place and under the terms designated in the notice oEsale
<br />in one or more parcels and in any order Trustee determines. Trustee mal' postpone sale of all or any parcel of the Property
<br />by public announcement at the time and place of any pre,'iously scheduled sale. Lender or its designee may purchase the
<br />Property at an)' sale.
<br />Upon receipt of payment of the price bid, Trustee shall deli,'er to the purchaser Trustee's deed conveying the
<br />Pcopeny. 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 order: (a) to all expenses of rhe sale, including, but not
<br />limited to. Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured b)' this
<br />Security Insrrument; and (e) any excess to the person or persons legally entitled to it,
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abamlonmem of the Properl}', Lender (in
<br />person, by agem or b)' judiciall)' appoimed receiverl shall be entitled to enter upon, take possession of and manage the
<br />Propert)' and 10 collect the rems of the Propert)' including those past due, An)' rems collected by Lender or the reCeiver shall
<br />be applied first 10 payment of the COStS of management of the Properl)' and colll'(tion of rents, including, but nOllimited to,
<br />receiver's fees, premiums on recei\'er's bonds and reasonable attornqs' fees, and then to the sums secured b),this Securit)'
<br />Instrument.
<br />21. Recon,'eyance. Upon payment of all sums secured b)' this Secorir)' Instrumem, Lender shall request Trustee to
<br />reconve)' the Property and shall sucrender this Security Instrument and all nOll'S evidencing debt secured by this Securit),
<br />Instrument to Trustee, Trustee shall reconvey the Property without wacram)' and without charge to the petson or persons
<br />legall)' emitled to it. Such person or persons shall pa)' an)' rl'(ordation wstS,
<br />22. Substirute Trustee. Lender, at its option. mal' from tim" to time relllO"e Trustee and appoim a successor trustee
<br />to any Trustee appointed hereunder b)' an instrumem reo,rdl..J in the nmnt)' in which this Set.'Urit)' Instrumem is recordl..J.
<br />\1i:'ithout conve)'ance of the Propeny. the successor trustee shall SUCCI'eJ to all the tide. power and duties nmferred upon
<br />Trustee herein and b)' applicable law,
<br />23. Request for Notices. Borrower requests that copies of the muices of def.lUlt and sale be sent hl Burrower's
<br />address which is the Property Address, Borrowerfunher requests that copies of the not ires of default and sale be sem III each
<br />person who is a pany hereto at the address of such person set forth herein,
<br />2,," Riders to this Security Instrumem. If one or more riders are I'Xecuted by Borrower and recorded together with
<br />this Security Instrument, the cO\'enants and agreements of each such rider sh311 be infl.uporated into and shall amend and
<br />supplemem the cO\'enams and agreements of this Sc:...'Ur;t)' Instrumem as if the rider(s) were a p3rt of this Set.-urit}'
<br />Instrument,IChe<k applicable box(esl,1
<br />
<br />--._;.
<br />~ ., "j,-,.
<br />
<br />",,<,,;:\5
<br />
<br />.:iJ;~l
<br />
<br />
<br />,'.,..,'".',I,~...,~',,'~J
<br />. 'I~ .
<br />
<br />f
<br />
<br />'.
<br />
<br />l'\c~
<br /><JI
<br />r~
<br />
<br />o Adjustable Rate Rider
<br />o Graduated Payment Rider
<br />o Other<sllspecif)'1
<br />
<br />o Condominium Rider
<br />o Planned Unit De\'e1"pmem Rider
<br />
<br />o .H Famil)' Rider
<br />
<br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants cont3ined in this &'C\l[il)'
<br />Instrument and in an)' rider\s) executed by Borrower and recorded ....ith it, ", ,,'.'
<br />
<br />~~:{;r.~d-
<br />
<br />x . . . . . . . . . . . . . . . . . . . - . . . . . , . . . .. . . -1<; ,.;:' .:: .'i&'~I)
<br />MI.1Jt'i ~. a .Nebr~k4l"~'_~~~'
<br />, Co~ t, 'on.:> i.) '.
<br />([,\i -.., ".' ,
<br />. .. .. :~,.tC.: .. " ~~~:' ~.:lf~'i;: ~,-\It.,,:
<br />ry . (!Iller. Pr dent '.:', ..... '':''SOtr<M'1l.r
<br />
<br />
<br />
<br />(S~ Below lb,. lm. For Aclo.nowt.cSg..-.)
<br />
<br />STATE OF NEBRASKA, ..... _.~............. ,............ Count)' sse
<br />
<br />On this ... .. I€ltr) da)' of ~~~......, ,19 n.. before me, the undersigned. a Notal')' Publil'
<br />duly commissi ed and qualified fur said count)'. personall)' caml' ,~.~. (JJ{PJ. l.arry. 1<., ~tiller.
<br />~~~~.~ .~l.~. ~...~! . ~r:.,.. .~~:-~. 9~ .~,~~t; .I-X~icn" . tu me known t" b.: the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and ackno\\'k..Jged the execution thereof to be
<br />. . . . . _ . . . . HIS. and. HIS. , . . . . . . . . . .. voluntary act and de<..J, ard '\'Uluntary act ard deed of said
<br />CXlrJ\\fRhlw ~1Il9 ~Wa~ F .a!~.~. ~~?, ~. ~t;s ,.. ,.~t.y..... ,...... in s3id count)', the date
<br />aforesaid,
<br />
<br />
<br />My C.ommission expires:
<br />
<br />
<br />:/~
<br />
<br />
<br />.J;liDIMI. 111'.'" II ....
<br />lOUIS J, SEYBOlD
<br />_,~' loIr 0.-. EIJ. .... ... ._
<br />
<br />~.
<br />
<br />--3
<br />
|