|
<br />I
<br />
<br />!
<br />
<br />~j
<br />t~
<br />f,
<br />"
<br />f'
<br />i,
<br />k
<br />r.
<br />t~
<br />
<br />L
<br />
<br />88- 100709
<br />
<br />NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows:
<br />19. Acceleration; Remedies. Lender shall give notice to Borrowcr prior to acceleration following Borrower's
<br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration undcr paragraphs 13 and 17
<br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (bl the action required to cure the
<br />default; (c) a date, not less 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 the date specified in the notice 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 right to
<br />reinstate after acceleration and the right to bring a court action to assert the non. existence of a default or any other
<br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender
<br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further
<br />demand and may invoke the power of sale and any other remedies permitted by applicable law, Lender shall be entitled to
<br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to,
<br />reasonable attorneys' fees and costs of title evidence.
<br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower 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 the time and place and under the terms designated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the
<br />Property at any sale.
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchll3er Trustee's deed conveying the
<br />Property. 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 the sale, including, but not limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lendcr (in
<br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and managc the
<br />Property and to collect the rents of the Property including those past due. Any rents collected by Lcndcr or the receiver
<br />shall be applied first to payment of the costs of management of the Property and collection of rcnts, including, but not
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fccs, and thcn to thc sums sccurcd by
<br />this Security Instrument.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall requcst Trustcc to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt securcd by this Sccurity
<br />Instrument to Trustee, Trustee shall reconvey the Property without warranty and without charge to thc pcrson 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 from time to time remove Trustee and appoint a succcssor trustce
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrumcnt is rccordcd.
<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 Notices. Borrower requests that copies of thc notices of default and sale be scntto Borrower's address
<br />which is the Property Address. Borrowcr further requests that copics of the notice of dcfault and notice of salc bc senlto each
<br />pcrson who is a party hereto at the address of such person set forth hcrcin.
<br />24. Riders to this Security Instrument. If onc or more riders arc cxecuted by Borrowcr and recorded together with
<br />this Security Instrument, the covenants and agreements of each such ridcr shall be incorporatcd into and shall amend and
<br />supplement the covenants and agreements of this Security Instrumcnt as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />
<br />o Adjustable Rate Rider
<br />o Graduated Payment Rider
<br />o Other(s) [specify]
<br />
<br />o Condominium Rider
<br />o Planned Unit Development Rider
<br />
<br />o 2-4 Family Rider
<br />
<br />BY SIGNING BELOW, Borrower accepts and agrees to thc terms and covcnants contained in this Security
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />
<br />
<br />~.,.I?~,1.t..~rA??:t..~.d:...................(Seal)
<br />Rob e r t H. Roc k for d -Borrower
<br />
<br />-1. 'cit;,. .ill:..1 ~:.. .\l.t.~.J.((~.:c...4 do.. .7;f......,.. ,(Seal)
<br />LaDene L. Rockford l-' -Borrower
<br />STATE OF NEBBASKA___,u'__'__h~.~.P-h'''''_'_''''____'__''''''''''__'''u"u_"",.....u.County 88:
<br />On this ..._____...?.t!L....... day of ...J.~.!?I~.~.!:Yu.., 19u1.i'!L, before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came ....~.g.p..~.[_L.~u.u__B.9..<;.~J..9.L9....H.ng.......
<br />.....u~.<!-.p..~~.~__._I:.:....~.~.<;_~.~.?_~.~.~....~_'!.~.~.<!-.~.~u.~_~.<:'....~.~.~.~u!........__...m......_....u........u, to me known to be the
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execu-
<br />tion thereof to be .--...~.~.~-~.':.......__......_..u...mhh,u",u'h"__'h'__'_'_"'_'_".........__ voluntary act and deed.
<br />Witnes~ my hand and notarial seal at ....._............h_....<:.E.~.~~..__~.~}.':l:~.~._______.......__..... in said county, the
<br />date aforeS8.ld. .....--..'1
<br />""'~'i.~'a\t 01 :1...1~2,':nji d!
<br />l1li' s 0... ',~, ' ,
<br />COMM\E Ot\ \t' ,:;.. ~ '/ -,'....... /?
<br />I'f toro\l\. b~.~r<,.=-.....__.. _ ~,:~...,(...__..~...:-:Z).?'l'.&.'t:,~. ,...........__........
<br />Notary Public
<br />
<br />My Commissio
<br />
<br />
<br />We are an Equal Employment Opportunity / Affinnative Action Employer M/F.
<br />
<br />....J
<br />
<br />[Space Below This Line For Acknowledgment)
<br />
<br />h
<br />
<br />, 1; ,
<br />
|