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88104452
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88104452
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Last modified
3/9/2007 5:41:36 PM
Creation date
3/9/2007 4:39:35 AM
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DEEDS
Inst Number
88104452
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<br />88- 104452 <br /> <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleratioa; Remedies. Lender s1W1 pye aotice 10 Borro"er prior to acceleration followlag Borro"er'" <br />breach of any COl'enaal or agreemeat In Ibfa Security laatrumenl (but not prior to acceleration uader paragrapbs 13 and 17 <br />uaI_ II\Ipllcable Ia" proYides olbenrise). The notice sba11 speclfy: Ca) Ibe default; (b) Ibe actioa required 10 cure tbe <br />default; (c) a date, aot 1_ tbaa 30 days from Ibe date Ibe notice fa pna to Borro"er, by "blch Ibe default must be cured; <br />and (d) tbat fellure 10 cure Ibe default oa or before Ibe dale "peclfted In Ibe aotice may resull in acceleratioa of Ibe lI1IDIlI <br />secured by tbIa SecurIty laetrwaeat and sale of Ibe Property. The notice "ball further infona Borro"er of Ibe rlpt 10 <br />reinstate after .....Ieratioa and Ibe right 10 briag a eourt action to usert Ibe non-eJdstence of a default or any olber <br />defense of Borro"er to acceleratloa ad sale. lUbe defaullfa nolcnred on or before Ibe date specified In Ibe aotlce, Leader <br />al III optioa may require immediate paymeat In full of ell sums secured by thill Security lastrumeat wllbout further <br />demand and may laYllkc Ibe po"er of sale and any Dlber remedies permitted by appUClIble la". Leader "ball be eatitled to <br />coUect e1I ellpenses lac:urred In punulng Ibe remedies proYided In tbIa peragnlpb 19, lacludlng, but not limited 10. <br />reuoaable attorneys' f_and costlJ of title eYideace. <br />If tbe po"er of sale fa lnyoked, Trustee "ball record a aolil:e of default In eacb county in "blch any part of Ibe <br />Property fa located and "ball mall eoples of such notice In Ibe lIUIIIJIer prescribed by appUClIble Ia" to Borro"er end to Ibe <br />olber persollS prescribed by applicable la". After Ibe time required by applicable Ia", Trustee "ball pye pubUc notice of <br />sale 10 Ibe persoos ud la tbe menner prescribed by appllCllble la". Trustee, without demand on -Borro"er, shell sell the <br />Property at public auctioa to Ibe b1gbest bidder at Ibe time ud place end under Ibe terms deslgnaled la Ibe aolil:e of sale la <br />one or more percela ud In IUIY order Trustee delenalDes. Trustee may postpone sale of e1I or any parcel of Ibe Property by <br />pubUc :mnouncement at tbe time and place of any preYiously scbeduled sale. Lender or ItlJ designee may porcbase Ibe <br />Property at any sale. <br />Upoa receipt of paymeat of tbe price bid, Trustee sball dellnr 10 Ibe purchaser Trustee'" deed conyeJing Ibe <br />Property. The recital" la Ibe Trustee's deed "bell be prima facie eYideace of Ibe trulb of the "IItements made therelD. <br />Trustee "ball apply Ibe proceeds of tbe sale in Ibe following order: Cal to e1I expenses of tbe sale, Inelacllag, bot aot limited <br />to, Trustee's fees u permitted by II\IpllCllble la" and reuoaable attorneys' fees; (b) to e1I sums secured by this Security <br />Instrument; and Cel any ex.... to tbe persoa or persons leplJy eatitled to It. <br />20. Leader la P.oaeuIon. Upon acceleration under paragraph 19 or abandonment of Ihe Property. Lender (in <br />person. by agent or by judicially appointed receiver) shall be entitled to enler upon. take possession of and manage the <br />Propeny and 10 collect the renls of Ihe Propeny including those pasl due. Any rents collected by Lender or the receiver <br />shall be applied first to payment of the coslS of management of the Propeny and colleclion of rellS, including, but nol <br />limited 10, receiver's fees. premiums on receiver's bonds and reasonable a!lomeys' fees. and then to the sums secured by <br />this Security Instrument. <br />21. Recoanyanee. Upon payment of all sums secured by Ihis Security Inslrument, Lender shall request Truslee 10 <br />reconvey the Property and shall surrender Ihis Security Instrument and all noles evidencing debl secured by this Security <br />Inslrument to Trustee. Trustee shall reconvey the Property without warranly and wilhout charge to the person or persons <br />legally entitled 10 iI. Such person or persons shall pay any recordation costs. <br />22. Sabcdlote Trustee. Lender. al its option. may from time to time remove Trusltc and appoiat a successor trustee <br />10 any Trustee appointed hereunder by an instrument recorded in the county in which this Security Inslrument is recorded. <br />Without conveyance of Ihe Propeny, the successor trustee shall succeed to all the litle, power and duties conCerred upon <br />Truslee herein and by applicable law. <br />23. Request for Noli... Borrower requests that copies of the notices of default and sale be senl 10 Borrower's <br />address which i.lhe Propeny Address. <br />24. Rldel'lto tbIa Security Instrument. IC one or more riden arc executed by Borrower and recorded together with <br />this SecurilY Instrument, Ihe covenants and agreemenls of each such rider sball be incorporaled into and shall amend and <br />supplemenl the covenants and agreements of this Security Instrument as if Ihe rider(s) were a pan of this Security <br />Instrumenl. (Check applicable bol(cs)] <br />o Adjusllble Rale Rider 0 Condominium Rider 0 2-4 Family Rider <br /> <br />o Gradualed Payment Rider <br /> <br />o Planned Unit Developmenl Rider <br /> <br />IKl Other(s) (specify] Acknowledgement <br /> <br />BY SIGNING BELOW. Borrower accepts and agrees 10 the lenns and covenants conlAined in lhis SecurilY <br />Instrument and in any rider(s) eleculed by Borrower and recorded with it. <br /> <br /> <br />.................................................................................r~~I~~....~ <br />?U;;'t~4a~..:::\~~..........~ <br /> <br />I <br /> <br />STATE OF NEBRASKA, <br /> <br />Hall <br /> <br />County ss: <br /> <br />On this Bth day of August ,19 BB, before me, Ihe undersigned, a Notary Public <br />duly commissioned and qualified for said county. personally came Lawrence R. Taylor and Judith <br />H. Taylor. Husband and Wife __________n__________________________ ,Lo me known 10 be Ihe <br />identical person(s) whose name(s l are subscribed to Ibe foregoing inslrumenl and acknowledged the ex.cuLion <br />thereoC 10 be their volunlary act and deed. <br />Witnes~ my hand and notarial seal al Grand Island, Nebraska in said counly, the <br />date aCoresald. <br /> <br />BIIl1lTMY41aII" IltMsb <br />. ANDREW McCUMBE~ : <br />.. .... [op. Ap" 5. 199. I <br />TO TRUSTEE, <br />The undersigned is the holder of the nOle or notes secured by thi, Deed of Trust. Said note or nOles. together <br />with all other indebtedness secured by this Deed of Trusl, have been paid in full. You ar~ hereby dire..:,cd (0 cancel said <br />note or notes and this Deed of Trust, which are delivered hereby, and to reconvey, without warrunry, alllhe l''ilalC: <br />now held by you under this Deed of Trust to the person or persons legally entitled thereto. <br /> <br />5,1'19 J-... .?ih~... .01:. .0.~~............ <br /> <br />Notary Public <br />REQUEST FOR RECONVEYANCE <br /> <br />Date: <br />
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