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88101656
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88101656
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Last modified
3/9/2007 5:41:11 PM
Creation date
3/9/2007 4:32:36 AM
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DEEDS
Inst Number
88101656
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<br />r- <br />88=- 101656 <br /> <br />r <br /> <br />NON.UNIFORM COVENANTS, Borrower and Lendcr further covenant and agree as follows: <br />19. Acceleratlon; RemedIes. Lender shall iPve notlce to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement In this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless appUcable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not less tban 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 tbe right to bring a court action to assert the non.existence of a default or any other <br />defense of Borrower to acceleration Rnd 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 secnred by tbis Security Instrument without further <br />demand and may invoke the power of 88le and any otber 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 It public auction to the highest bidder at the time and place and under the terms designated in the notice of saie 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 />PropE,rty at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purcbaser 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 sbaUapply the proceeds of tbe sale in the following order: (8) to all expenses of the sale, including, but not limited <br />to, Trustee's fees 85 permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />instrumeiit; ~"lC! (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, Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the <br />Property and to r.ollect the rents of the Property including those past due. Any rents collected by Lender or the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not <br />limited to, receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />ZZ. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. <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 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 notice of default and notice of sale be sent to each <br />person who is a party hereto at the address of such person sel fOllh herein. <br />24. Riders to this Security Instrument. If one or more riders are executed b}' Harrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of Ihis Security Instrument 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 BEl.OW, Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in auy rider(s) executed by Borrower and recorded with it. <br /> <br /> <br />~X;~b~-i1~.~~J.AQ.QA.'.'."."".'..'..""""""'~~~~2 <br /> <br />_ n - <br />~?::;,;'t:~': .'::~:....y. .<S~ .:-:::..... .-?:'>. t~:... ;;;..,.......................... . (Seal) <br />Barbara Jeane Skeen --!l(mower <br />STATE OF NIlBRABKA.nmm_..uu__ nO .H!1J.l____ n____ ___________________.u.................County 88: <br />On this ........~~.~.~..._.....n. day of ..~~!.~_~_.__.__u....... 19...~~., before me, the undersigned. a Notary Public <br />duly commissioned and qualified for said county, personally carne n_.mmmmm..mm......._........_.___________..__.....m <br />_......:lJ~.J~g.~~f.t..~~~.~.~..!'!.J:I_(:t.!!!'!E.~~E~...~_~~~_~___~~.~_~_12!.__~~.'!.~~~_~_c!__.~~_<:i___~~_~_~_-"_____. to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instroment and acknowledged the execu- <br />tion thereof to be mmm......mm..u._..._!"J!~.~E..mmuuuuum..__..__...m___........._.. voluntary act and deed. <br />Witness my hand and notarial seal at _,..~.:.?~~...~~~~.~.?..............m..m........_..m_____h..__. in said county, the <br />date aforesaid. <br />. fi8IMl. IIIWV_ of lIebmu ,I <br />My CntDlllis8ion expires: ~ :=lr.:;:~~S /" 7_. . f)") /, <br />.::?z..-<".J.~_. ...S~!:~.:tf2a.&..{'-:'!~.". ...0........... ....... <br /> <br />We arc an Equal Employment Opportunity/Affirmative Action Employer M{F. <br /> <br />($pa<<o hlow m. LiM For "<kno...Ied~n11 <br /> <br />:I <br />
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