|
<br />88- 103073
<br />
<br />NON.UNlfOR M COVEN^NTS, Borrower and Lender fUrlher covenant and agree as lollows:
<br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenan. or agreement in this Security Instrument <but not prior to acceleration under paragraphs 13 and
<br />17 unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the
<br />defaule; (c) adate, not less than 30 days from the date the notice is given to Borrower. by which the defaule 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 Propeny. The notice'shall funher inform Borrower of (he
<br />right to reinswe after acceleration and the right to bring a coun action to assen the nnn-existence of a default or any
<br />orher def_of Borrowfll' to acceleration and sale. If the default is not cured on or before the date specified in the notice.
<br />1cncler at iu option may require immediate payment in full of all sums'secured by this Security Insuument without
<br />furthet demand and may invoke the power of sale and any other remedies pennitted by applicable law. Lender shall be
<br />em:idecl to colleCt all expeD_ incuired in pursuing the remedies provided in this paragraph 19. including, but not
<br />limited to, reasonable anorneys' feel and cosu of tide evidence.
<br />If the powfll' of sale is invoked, Trustee shall record a notice of default in each county in which ..ny pan of the
<br />Pmpert)' is located and shall mail copies of such norice in the manner prescribed by applicable law to Borro.....er and to the
<br />other penoos 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 />Propeny at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale
<br />in oaeo. more parcelsand in any order Trustee determines. Trustee may postpOne sa1eof all or any parcel of the Propeny
<br />by public announcement a. Ihe time and place ohny previously scheduled sale. Lender or iu designee may purchase the
<br />Propert)' at any sale.
<br />Upon receipt of payment of the price bid. Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />PropertY. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the sratemenu made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all eJ<peD5e5 of the sale, including. bUI 001
<br />limited to, Trustee's fees u permitted by applicable law and reasonable attorneys' fees; (b) to aI! sums secured by this
<br />Security Instrument; and (c: any excess to the penon or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleralion under paragraph 19 or abandonment of the Propeny. !..ender (in
<br />pe~n, h)' allent or by judicially appoimed receiver) shall be emitled [() enter upon, lake possession of and man.~ the
<br />Properry and to ",!leer Ihe rems 01 rhe Propeny including rhose pasr due, ^ny remscollected by Lender or lhe receiver shall
<br />be applied firsr [() payment ollhe costs of managemenr ollhe ProperlY and collect.on 01 reOlS. including, bur nor limirr<1 roo
<br />rr:ceiver's I"s. premIums on receiver's bonds and r"awnable attorneys' fees, and Ihen [() Ihe sums secured by this Securiry
<br />InslrumeOl.
<br />21. Reconveyance. Upon paymem of all sums secured by rhls Securily Instrument. Lender shall request Trustee: to
<br />reconvey rhe Property and shall surrender Ihis Securiry Instrument and all nOfes evidehcing debt secured by this Securiry
<br />Instrumenr ro TruSI", Trustel: shall reconvey the ProperlY without warranry and wilhout charge 10 the person or persons
<br />legally entirled 10 il. Such person or persons shall pay any recordal;on cosrs,
<br />22. Subllitute Trustee. under. at its nplion, may from rime W lime remove Truslee and appoinr a successor truslee
<br />[() any Trust" appoJDted herl'under by an insrrumeOl recorded in Ih" cuunly in which thIS Securily Instrum"m is recorded,
<br />Wilhour convC'yarn:e of IhC' ProperlY. rhe successor lrusre<." shall succeed In all rhe IIfle. power .1Od dUlies conlerred upon
<br />Truslee herein and by applicable law.
<br />23. ~uest for Notices. BOlrower rrquC'Sls rhal copies 01 rhe nOllces of ddault and sale be sent to Borrower's
<br />address which IS th" Property Address, Borrow." funher rrquests thaI copiC'S of rhe nOlices of defaulr and salC' be senr to each
<br />person who is a pany herero al rhe address of such person set forth herein.
<br />24. Riden to this Security Instrument. If one or more riders are ext:CUred h)' Borrower and recorded rogerher ...ilh
<br />IhlS Security lostrum"m. Ihe covenann and a~r.....meOls of "ach such rider shall be incorporared imo and shall amend and
<br />supplement the covenants and agr.....menrs "llh.. 5<-curll)' Ins"umenr as .1 Ih" rldens' wer" a pan of rhis Securily
<br />InsrrumeOlIClw:ck applicable bo.ers).)
<br />
<br />o Adjuslable R.r" R,der
<br />o Graduated Payment RidC'r
<br />o Other") I speClf)'1
<br />
<br />o (undommium Rllier
<br />o Planned U 011 o..velopmeOl Rider
<br />
<br />02.-1 Fam,ly Rider
<br />
<br />BY SIGNING BELOW. Borrower accepts and agrtt'S IU rhe terms and covenaOlS comained in Ihis Securiry
<br />Instrumem and many ndensJ ".C'Cllled b)' Borrower and recurded wM" a,
<br />
<br />
<br />Il~~""~"""""'~~~
<br />W' ja-n~~,.0..,D~....... ,Sealj
<br />" ~injfrarr:-na~ -80n-ower
<br />
<br />....... _ n. u. for __~""""""I
<br />
<br />STATE OF NEBRASKA,
<br />
<br />Merrick
<br />
<br />CuUOl)' ss:
<br />
<br />.................. ........................
<br />
<br />On this ....! ~ . .. .. . .. .. ,. day 01 ..... ~~.~~ .. .. ... , 19 . ~~ .., beforC' me. (he undersigned. a Notary Public
<br />duly comm.uioncd and quallf.ed for said wunty, per!oUnally came ,...,. ~~l?rg,e, ,J;ljl:V,~~. !l.Qcl, SJI,qr!\,il..Q, , . , , , , . .
<br />....,. .~l!':'~!f,.. .~\'!f!>.~~, !l.~4 .~.i.~E;.,.,..,."..,......,...,..""""""..,.,.. . lu me kno....n lu be.he
<br />identicalpe..9D~(s) whose namet s) are subscribed IlIlh.. foregoing instrum"nt and a,knnwledj:eJ .he eXCCUllun Iherl'of ru be,
<br />. . . . . . . 7.'t~. , . , , , . . . . . , , , , , . , ,. voluntary act and deed,
<br />WilMSS my hand and nourial >C'al.1 ",."., ,~,~t;., N~1?rll,~~" " , , , " . -, , " " In said cuunty, th" dare:
<br />aroreuid,
<br />
<br />..... .~i:-9'~..........." ..........
<br />
<br />My C..mmission r.pires.
<br />
<br />6C~ ..-1
<br />-_=~ft'.
<br />
|