88103635 - Laserfiche WebLink

Browse

NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 19. Acceleration; Remedies. Lender IhaII aln notice to Borrower prior to acceleration foUowiq Borrower's breach of oy eonnant or qreement in this SecurIty llutrument (but not prior to acceleration wider 1IU'QI'8IlIaI.l3and 17 unless applicable law proYidel otherwise). The notice sbaU spedf)': (a) the de&u1t; (b) the actIoa recpired. to CIIre the de&u1t; (e) a date, not less tha 30 days rrom the date the notice Is alnn to Borrower, by wI1idI the defultllUlltlle. cured; and (d) that raDure to cure the tIerauIt on or before the date speeUled in the notice may result in acc:eJeraticm qf the.1UIU secured by this Seemty Instrument and sale of the Property. The notice sbl1l further inform Borrower of the rfPt. to reinstate after aeeeleratlon and the riabt to briag a eourtaetion to usert the non-eDlteneeof. tIerauIt or anyOtber defense of Borrower to acceleration and sale. H the default Is not cured on or before the date specified in the notice, I.eIlder at its option may require Immediate payment in full of lIlI SlIIIII secured by this SecurIty Ina1rumeDt without fIIrtber demand and may in,oke the power of sale and any other remedies permitted by applicable law. Lender IhallIIe eatitIed to coUI!Ct all expenses incurred in pursuing the remedies prol'ided ID this pIII'llIII'IJIb 19, ine1udiilg, but not limited to, reasoaable attome)'B' fees and COlts oftitie mdenee. If the power of sale isin,oked, Trustee IbaI1 record a notice of default in each county in wI1idI any part of the Property Is located and sbaI1 mail copies of such notice in the manner prescribed by appUcable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee ~ &lYe public:.DOiIce of sale to tile penouand in the lII8Illler prescribed by applicable law. Trustee, without demand on Borrower, IhaII sell the Property at public aaction to the highest bidder at the time ud place ud under the terms delipated in the notice of ale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of aU or uy pim:el oftbe Property by pubOe announcement at the time and plaee of any preYiously scheduled sale. Lender or its designee may purebae the Property at uy sale. Upon receipt of payment of the price bid, Trustee shali deliver to the purchaser Trustee's deed COIlYeying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made tberein. Trustee sbalI apply the proceeds of the sale in the foRowing order: Ca) to all expenses of the sale, ine111l1iDg, bat DOt limited to, Trustee's fees IS permitted by applicable law and reasonable attorneys' fees; (b) to aU sums IIlCIJI'ed by this SecurIty Instrument; ud Ce) any excess to the penon or persoulegally entitled to it. 20. Lender in P.osseafon. Upon acceleration under paragraph 19 or abandonment of the Property. Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage tbe Property and to coliect tbe rents of the Property including tbose past due. Any rents coliected by Lender or the receiver sball be applied first to payment of tbe costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees. and tben to the sums secured by tbis Security Instrument. 11. Reconn)'aDce. Upon payment of all sums secured by tbis Securily Instrument, Lender shall request Trustee to reconvey the Propeny and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey tbe Property without warranty and witboul charge to the person or persons legally entitled to it. Such person or persons sball pay any recordation costs. 11. Substitute Truatee. Lender, at its option. may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in whicb this Security Instrument is recorded_ Witbout conveyance of the Property, the successor trustee shall succeed to all tbe title, power and duties conferred upon Trustee herein and by applicable law. 13. ReqDeIt for Notices. Borrower requests that copies of tbe notice; of default and sale be sent to Borrower's address which is the Property Address. Z4. Riders to tbiI SecurIty 1IIItnuaeat. If one or more riders are executed by Borrower and rec:onied lOJelher with tbis Security Instrument, tbe covenants and agreements of each such rider shall be incorporated into and shall ameud aod supplement the covenants and agreements of this Security Instrument as if tbe rider(s) were a pan of this SecuritytInstrument. [Check applicable box(es)) o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider 88_103635 o Graduated Payment Rider o Planned Unit Devdopment Rider o Other(s) [specify] ACKNOWLEDGMENT By SIGNING BELOW, Borrower accepts and agrees to the tenDs and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. fZ~Jj2#-~ ...~,.f).r'~~~~......mmm(Seal) ANNETTE E. RUPPRECHT ~ ........04............................................................................... ......................................................................................... STATE OF NEBRASKA. HALL County ss: On tbis 29TH day of JUNE ,19 88 , before me, the undersigned. a NOlary Public duly commissioned and qualified for said county, personally came ROBERT J. RUPPRECHT AND ANNETTE E. RUPPRECHT, HUSBAND AND WIFE , to me known to be the identical person(s) whose name(s) are subscribed to the foregoing inslrumenl and acknowledged the execution thereof to be THEIR voluntary act and deed. Witness my harld and notarial seal at GRAND ISLAND, NEBRASKA in said county, the date aforesaid. i es:_..:f.. -IIJAIY-stJII1f ..... .BIEm I. 1m ---.MM.. To TRUSTEE: The undersigned is the holder of the nole or nOles secured by this Deed of Trust. Said note or nOles, together with all olher indebtedness secured by this Deed of Trust, have been paid in full. You are hereby directed to cancel said note or notes and this Deed of Trust. which are delivered hereby, and to reconvey. without warrjlnly, alllhe eSlate now held by you under this Deed of Trusl 10 the person or persons legally entitled thereto. . Il{, 1990 (:\_ ~K C\ . C'Y'............ ...:-. .~;~.~.................. REQUEST FOR RECONVEYANCE . Dale: ." .... ... .................. ...........,......,..........