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88101824
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Last modified
3/9/2007 5:41:12 PM
Creation date
3/9/2007 4:33:01 AM
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DEEDS
Inst Number
88101824
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<br />I <br /> <br />88- 101824- <br /> <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall ail'e notite to Borrower prior to acceleration following Borrower's <br />breKb of Illy CO'eoaJlt or qrHment in tbis Security IIlItrumellt (but not prior to acceleration UDder paragraphs 13 and 17 <br />walea ."Uc:able law pro.... otherwiSe). The notice sIWI speciiy: (a) tile default; (b) the action required to cure tbe <br />defula; (c) a date, not at. t1w130 days from the date the notite is gilen to Borrower, by wbicbthe default must be cured; <br />aDd (d) lbt fail.,. to Clift tile default on or before the date specified in the notire may result in acceleration of the sums <br />seeured by this SecuritylutniuteDt aad sale of the Property. The notice sban further inform Borrow'!r of tbe right to <br />relutate after acceIeratloa ad the ript to briDa a CGurt action to assert the non-existence of a default or any otber <br />del.. of Borrower to acceleration ud sale. If tbe default is not cured on or before the date specified in the notice, Lender <br />ati.. optiOll ..y require immediate payment in full of all sums secured by this Security Instrument witbout furtber <br />"'--all ud l1li)' ift.oke the power of sale and "1 other remedies permitted by applicable law. Lender shall be entitled to <br />collect aU expeua inc:arred m pursulna tile remedies pro'riW in this parqrapb 19, including, but not limited to, <br />reasouItIe attOl'lH!Y.. fees ad costs of tide elideltce. <br />If the power of sale is iDYoked. Trustee sIWl rec:ord a notice of default in each county in wbicb any part of -the <br />Property is located.......... mail copies of sucbnotke in the manner prescribed by applicable law to Borrower and to the <br />other perIODS praeribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />.... to tile penoas and in the manner prescribed by applicable law. Trustee, without demand on.Borrower, shall sell the <br />Proferty at pablk alldioll to the bl(dlest bidder at the time aDd place and under the terms designated in the notite of sale in <br />. 0IIe or.... pucels ad ia oy order Trustee determines. Trustee may postpone sale of all or any prcel of tbe Property by <br />pIIbUc IIi.IlOIUICeIIlt at the time and place'of any pre'riously scbeduled sale, Lender or its designee may purchase tbe <br />Property at MY ale. <br />Upon receipt of payment of the price bid, Trustee shall delinr to tbe pun:baser Trustee.s deed conTeying the <br />Property. 'The recitals in the Trustee's deed shall be prima facie e1idence of the truth of the statements made therein. <br />Trustee sIaaII apply the proceeds of the sale ia the folloma order: (a) to all expenses of the sale, including, bat not limited <br />to. T~'s fees .. permitted by applicable la" and reasouble attorneys' fees:; (b) to all sums secured by this Securi!y <br />btstruaeBt; ... (c)..y excea to the penon or pel'lOllS lepUy entitled to it. <br />20. Leader in Roaession. 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 collect tbe 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 manq,ement of the Property and collection of lents, 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 />11. Reco..e,uce. Upon payment of all sums secured by this Security Instrument, Lend~r 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 />11. SltMtitate Tnsaee. 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 oftbe Property, the successor trustee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />13. ...... for NodaL Borrower requests that copies of the notices of default and sale be sent to Borrower's <br />address wbicb is the Property Address. <br />14. ..... to dill Seaaity bltruleaL If one or more riders are executed by Borrower and recorded together with <br />this Security Instrument. the covenants and qreements of ellCh such rider shall be incorporated into and shall amend and <br />supplement the COYelWlts and qreements of this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable OOI.(es)) <br />o Adjustable Rate Rider 0" Condominium Rider 0 2-4 Family Rider <br /> <br />o Graduated Payment Rider <br /> <br />o Planned Unit Development Rider <br /> <br />~~~ (~y) Acknowledgment <br /> <br />BY SIGNING BELOW, Borrower accepts and qrees to the terms and covenants contained in this Security <br />IRSlrument and in any rider(s) executed by Borrower and recorded with it. ~ <br /> <br /> <br />.................................................................................... h.~~E;~.~~ <br />.............................. .... .... .... .............................................. I-...!~l~~d~.~........... ... .~ <br /> <br />STATE OF NEBRASKA. <br /> <br />Hall <br /> <br />County ss: <br /> <br />On this. 5th day of April ,19 88, before me, the undersigned, a NOlary Public <br />duly commissioned and qualified for said county, personally came George F. Dudley and <br />Ruth L. Dudley, Husband and Wife , to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be their voluntary act and deed. <br />Witness my hand and notarial seal at Grand Island, Nebraska in said county, the <br />date .fortsaid. <br /> <br /> <br />.~..,w.."m~........,..,. <br />Notary Public <br />REQUEST FOR RECONVEYANCE <br /> <br />Oalt: <br />
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