Laserfiche WebLink
<br />88- <br /> <br />104476 <br /> <br />NON-UNIFORM COVENANTS. Borrower and Lcndcr further covcnant 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 appllcable law provides otherwise). The notice shall specify: (a) the derault; (b) the action required to cure the <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) tut 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 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 sale. If the default is not cured on or berore the date specified in the notice, J..ender <br />at its option may require immediate payment in full of ell SUJDS secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled tn <br />collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including; but not limited to, <br />reasonable attoroeys' fees and costs of tiUe evidence. <br />If the power of sale is invoked, Trustee shall record a nntice 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 tn the <br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to tbe persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell tbe <br />Property at public auction ~a 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 1 , r:stee determines. Trustee may postpone sal, of all or any parcel of the Property by <br />puhlic announcement at the time and place of any previously scheduled sale. Lender or its designee may purcbase the <br />Property at any sale, <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purcbaser 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 thcrein. <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 applicahle law and reasonable attorneys' fees; (b) to all sums secored by this Security <br />Instrument; and (c) any excess to the person or ...,..ons legally entitled to it. <br />20. Lender in Possession. Upon acceleralion under paragraph 19 or abandonmcnt of the Property. Lender (in <br />person, by agent or by judicially appointed rcceiver) shall be cnlitled 10 entcr upon, take possessinn nf and managc the <br />Property and to collect tbe rents of thc Property including those past due. Any rents collected by Lender or the receiver <br />sball be applied firslln payment of thc costs of managemcnt of the Property and collection of rents. including, bUI not <br />limited to, reccivcr's fees, premiums on receivcr's bonds and reasnnablc allomeys' fees, and then to Ihc sums secured b)' <br />Ihis Security Inslrumcnl. <br />21. Reconveyance. Upon paymcnt of all sums secured by this Security Instrument. Lender shall requesl Truslee 10 <br />reconvcy the Property and shall surrender Ihis Security Instrumcnt and all notes evidcncing dcbt secured b)' Ihis SecurilY <br />Instrumenl to Truslee. Truslee sball reconvey Ibe Property without warranlJi-3nd without charge 10 the person or persons <br />legally enlitled to it. Such person nr persons shall pay any recorda lion costs. <br />22. Substitote Trustee. Lender. at its option, may from t1mc to lime rcmove Trustee and appoint a successor trustee <br />10 any TruSlee appointed hereunder by an inslrumcnl recorded in Ihe county in which Ihis Securily Instrumcnl is recorded. <br />Without conveyance of the Property, the successor truslee sball su=ed to alllhe lille, power and dUlies conferred upon <br />Trustee herein and by applicable law. <br />23. Requelt for Notiees. Borrower requests lhal copies of the nnticcs of default and salc be senl 10 Borrower's <br />address which is Ibe Property Address. <br />24. Riders to tItii Security Instrument. If one or more riders are ""eculed by Borrowcr and recorded togelher witb <br />this Security Instrument, the covenants and agreemenlS of eacb sucb rider shall be incorporated inlo and shall amend and <br />supplement the covenanls and agreements of this Security Inslrumenl as if Ihe rider(s) were a pan of Ihis SecurilY <br />Inslrumenl. (Check applicable box(es)] <br />o Adjustable Rate Rider 0 Condominium Rider 0 2-4 Family Rider <br /> <br />o Graduated Paymenl Rider <br /> <br />o Planned Unit Developmenl Rider <br /> <br />o Other(s) (specify] <br /> <br />BY SIGNING BELOW. Borrower accepls and agrees to the lerms .nd covenants conlained in this Security <br />Instrument and in any rider{s) executed by Borrowcr and recorded with it. <br /> <br />u .~fL~...~(Seal) <br />;?;i~d.~W~ dB. Edwards -80n0we' <br /> <br />u .u ...<...~4/-r..~Seal) <br /> <br />Elvira M. Edwards -80....... <br /> <br />STATE OF NEBRASKA, <br /> <br />Coumy ~!\: <br /> <br />On this 10th day of August ,19 66, hefore me, Ihe unde..igned. a Notary Public <br />duly commissioncd and qualified for said coumy, personally came Edward B. Edwards and Elvira M. <br />Edwards, each in his and her own right, and as spouse of each otheJ; to me known In he the <br />identical person(s) whose name(s I arc subscribed to tbe foregoing instrumenl and acknowledged the necul ion <br />thereof 10 be their voluntary acl and deed. <br />Witness my hand and notarial seal al Grand Is1 in ,aid l.:oumy, the <br />date aforesaid. <br /> <br /> <br /> <br />EQUEST <br /> <br />Dale: <br />