|
<br />88- 103390
<br />
<br />NON-UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows:
<br />19. Al:CeleratioD; Remedies. LeDder shall lP,e Dotice to Borro"er prior to acceleration following Borro"er's
<br />breacb of IOY cotenant or agreemeDt ID this Security InstrumeDt (bllt Dot prior to acceleratioD UDder paraRfllllbs 13 and 17
<br />unlea appUeahle Ja" proYidea otherwise). The DOtice sball specify: (I) the deflult; (h) the IctioD required to cure the
<br />defauit; (c) I date, not lea than 30 da18 from the date the Dotice Is lP,en to Borrower, by whicb the deflult must be cured;
<br />and (d) that fIllure to cure the default OD or before the date specified iD the Dotice IDlY result in acceleratioD of the SUJD:l
<br />secured by thII Security IDItrumeDt and 5aIe of the Property. The Dotice sball further inform Borro"er of the right to
<br />reinstate after aeeeleration and the right to brlDRI court actiOD to assert the DOD-existeDce of a default or any other
<br />defense of Borro"er to acceleratioD IOd sale, If the default is Dot cured OD or before tbe date specified iD the iJotice, LeDder
<br />It Ita optiOlllUY require Immedllte pa)'llleDt ID full of all swns secured by tbls Security InstrumeDt without further
<br />demand and may lnYOke the po"er of sale IOd IOY other remedlea permitted by applicable Ia". LeDder shall be eDtitled to
<br />collect all npe!llel IDcurred ID punulDg the remedies proYided in this paragrapb 19, includinlJ. but not limited to,
<br />reuonable attomell' fees IOd COltS of title eYideDce.
<br />If the po"er of sale Ii in,oked, Trustee shall record a notice of default in eacb county in "bleb any part of the
<br />Property Is located IDII shall mail copies of sucb DOtice In the manner prescribed by appUcable II" to Borrower IDII to the
<br />other persons prescribed by applicable law, After the time required by applicable Ja", Trustee shalllP,e pubUc notice of
<br />sale to the persons IOd In the mlODer prescribed by applicable ia". Trustee, "ithout demand on Borrower, shall sell the
<br />Property at public auction to the blghest bidder at the time and place and under the terms designated in the notice of sale in
<br />ODe or more parcels IOd iD IOY order Trustee determiDes. Trustee mlY postpoDe sale of all or any pucel of the Property by
<br />public anDOUDcement It the time and place of any preYiously scheduled sale. Lender or its dealjplee may parebase the
<br />Property It IOY sale.
<br />UPOD receipt of pa)'lllent of tbe price bid, Trustee shall dellnr to the purchaser Trustee's deed eonyeying the
<br />Property. The recitals in the Trustee's deed shall be prima facie eYidence of tbe trutb of the statemeDts made therein.
<br />Trustee sball apply the proceeds of the sale In tbe following order: (a) to all expenses of the sale, including, but not limited
<br />to, Trustee's fees u permitted by applicable la" IOd reuonable attomell' fees; (b) to all sums secured by this Security
<br />Instmment; and (c) IOY excess to the person or persons legally entitled to it,
<br />ZO, Lender In P.~ion. 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 collecl 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 />Zt, Reeonteyance. 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 co~ts.
<br />ZZ. Subltltute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />10 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 />Z3. Reqllelt for NotiCel. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address.
<br />Z4. Riden to tbII Senrlty lutrument. If one or more riden are executed by Borrower 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 this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(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 />[] Other(s) [specify) Acknowledgement
<br />
<br />By StONING BELOW, Borrower accepts and agrees to the tenns and covenants conlained in this Securil)'
<br />Instrument and in any rider(s) executed by Borrower and recorded .
<br />
<br />
<br />, .~~~..............~
<br />
<br />,/ .:.t -t-/ y 7 .' -' '.::)
<br />...,.. -~r;i:'''R'~~~'~.''.'//~'M'''~C'':':)~
<br />
<br />STATE OF NEBRASKA.
<br />
<br />Hall
<br />
<br />County ss:
<br />
<br />On this 17 day of June, 19 8B before me. the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Ramon C. Ramos and Ruth N,
<br />Ramos. Husband and Wife __________nn_____n_n_nn_n_nnnn ,to me known to be the
<br />identical person(s) whpse name(s) are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be the~r voluntar.y'~ct and deed,
<br />Witness my hand and notarial seal al Grand Island, Nebraska in said county, the
<br />date aforesaid.
<br />
<br />My Commission expires:
<br />
<br />j';.CIJIIIL IIUII... II .....
<br />C.L. ICAIIlII
<br />'" My I'Ma lJr. lit. 2l .
<br />To TRUSTEE:
<br />The undeuigned is the holder of the n(Jte or notes secured by this Deed of Trust. Said note or nOICS. togelher
<br />with III other indebtedness secured by this Deed of Trust. have been paid in full. You an' hereb,' dire~led 10 ~un~c1 ,aid
<br />note or nole~ and this Iked of Trusl, which are delivered hereby, and III recon'c,'. ",lh"ul \\arraIHI, all llw ,"HHl'
<br />now held by you under Ihis Deed of Trust 10 the person or persons legally t'nllll~d Iherelo
<br />
<br />(! ;;2., V J .
<br />................~............~....................
<br />
<br />NOlary Public
<br />REQUEST FOR RECONVEYANCE
<br />
<br />Dlte:
<br />
|