Laserfiche WebLink
<br />NON.UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall give notice 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 applicable law provides otherwise). The notice sball specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not less than 30 days from the date the notice is givcn to Borrower, by wbich the default must be cured; <br />and (d) that failure to cure the default on or before the date specified in tbe 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 the right to bring a court action to assert the non.existence of a default or any other <br />defense of Borrower to acceleration and saie. Ifthe 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 secured by this Security Instrument without further <br />demand ilnd may invoke the power of sale and a.,y other 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 ~osts of title evidence. <br />If the power of sale is invoked, Trustee shail 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 at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale 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 schedule!l sale. Lender or its designee may purchase the <br />Property at any saie. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchllSer 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 shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (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, lake possession of and manage the <br />Property and to collect the rents of the Property including those past due. Any renls collected by Lender or the receiver <br />shall be applied first 10 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 altorneys' fees, and then to the sums secured by <br />this Securily Instrument. <br />21, Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Truslee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debl secured by this Security <br />Inslrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />legally enlitled to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender, al its option, may from time to time remove Trustee and appoint a successor truslee <br />to any Truslee appoinled hereunder by an instrumenl recorded in the county in which this Security Instrument is recorded. <br />Without conveyance of the ProperlY, the successor lruslee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br /> <br />23. Request for Notices. Borrower requests that copies of the nOlices of defaull and sale be sent 10 Borrower's <br />address which is the Property Address. <br /> <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security Instrumenl, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Securily Instrument as if the rider(s) were a part of this Securily <br />Instrument. [Check applicable box(es)] <br />D Adjuslable Rate Rider <br /> <br />88- 104355 <br /> <br />D Condominium Rider <br /> <br />D 2-4 Family Rider <br /> <br />D Graduated Payment Rider <br /> <br />D Planned Unit Development Rider <br /> <br />o Other(s) [specify] <br /> <br />By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants conlained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it.L ' <br /> <br /> <br />.. ..,......,..,....~,.~~".,...(Seal) <br />hn R. Shanahan -Borrower <br /> <br />.... ........~,.::4h.a.tJ.t.LA~(Seal) <br /> <br />net L. Shanahan -Borrower <br /> <br /> <br />STATE OF NEIIRASKA. <br /> <br />Hall Counly ss: <br /> <br />On this Bth day 01' August . !9 BS , before me. the undersignl'd. a Notary Puhli<' <br />duly commissioned and qualified for said county, personally came John R. Shanahan and Janet L. Shanahan, <br />each in his and her own right, and as spouse of each other , to me known 10 he the <br />identical person(s) whose namels) are subseribed 10 the foregoing inslrument and acknowledged the execution <br />thereof to be- the i r voluntary act and deed. <br />Witness my "and 3.nd notarial seal at Grand Isla[ld, Nebraska in said counly. the <br />date aforesaid. 2 2- <br />- I' /' / <br />My Commission expires: //-,;{...s -t ," .~.. ?4~;;.??G.. .l.:~,:, ( 'P-t/J/V <br /> <br />ISDlULlL ~DTl.RY _ Stilt at flIltll..h "'-,llal \ I'uhlll <br />JOANNEoG. ROUSH REQUEST 1'0 RLTONVI: Y ANCI' <br />To'" c... Elf. NIY. 25, lJII <br /> <br />The undcrsignetl i~ the hnlut:1 of the note or noll'.' "cl,,:urt'u h\ fill' Deed III 1111'1 "-t;lld lIott.' t'! 11I1Il'\ h'lH'll1l" <br />with all other indcbledncs~ \C'lured hy thi, Dc:C'd or Tn.". tllI\L' hl-'\,'lI" rmd tll 11111 '1111 .11\' hrrt.'h\ dlll'lll'\lltll~lIh ~'l "lid <br />noft.' or note~ and thi... [)f..~cd ,~f rnl\.l, \\111(11 art.' ueli\t'Tcu ht.'rl'il\, .tIlL! 11\ fl',111l1n, \\1111"111 \\;111,\111\, alii".... 1''-1;11\' <br />now hclJ h)' you unoc:r rhl'\ Dt'l'd uf 1 ru..., 10 lhl' J1l'r""on PI r'l'!,,,qh In',tlh llllllkd tl1l'II'!\l <br /> <br />Dale <br />