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<br />,~_ 104532 88- 104449 <br />If thc po.Jl~~~~~Pfj,~oked, ~r'n"lcc .hall rccord a noticc of default in cach county in which any pari of the <br />Properly is located and shall mall cople. of such notlcc in the. manner prcscrlbed by applicable law 10 Borrower and to tho <br />other persons prescribed by applicable law, After the time required by applicable law, Trustee shall give public notice of <br />sale to lhe persons and in Ihe manner prcscrlbed by applicable law. Trustee, without demand on Borrower. shall sell the <br />Property al public auction 10 the hlKhest bidder at Ihe time and place and under the lerms designaled in the notice of sale in <br />one or more parcels and in any order Truslee delermines. Truslee may postpone sale of all or any parcel or'the Property by <br />p..blic announcement al the time and place of any previously scheduled sale. Lender or.its designee may purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shill deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals In the Trustee's deed shall be prima facie evidence of the trutb of the statements made therein. <br />Trustee sball 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 la.. and reasonable attorneys' fees; (h) to all sums secured by this Security <br />Instrument; and (e) any "",cess to the person or persons legally entitled to it. <br />20. Lender In Possessioo. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />person, by agent or by judiFialiy appointed receiver) shall be entitled 10 enter upon. take possession of and manage the <br />Property and to colleclthe rents of lhe Property including those pOSI due, Any rents collected by Lender or Ihe receiver <br />shall be applied firsl to payment of Ihe cosls of management of lhe ProperlY and collection of rents, including, but nol <br />limited 10. receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />Ihis Security Inslrumem. <br />2]. Recon..yance. Upon paymenl of all sums secured by thIS Securily In,trument, Lender shall request Trustee: to <br />reconvey the Property and shall surrender Ihis Security Instrument and all nntcs eVIdencing debt secured by Ihis Security <br />Instrument 10 Trustee. Trustee: shall reconvey the Propeny without warranty and without charge to the person or persons <br />legally entilled 10 il. Such person or persons shall pay any recordatlnn costs. <br />22. Substitute Tru.lee. Lender. allls option, may from lime to nme remm'e Trustee and appoinl a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded In Ihe counly In which Ihas Securily Instrument is recorded. <br />Wilhollt conveyance of the Propeny, the successor trustee shall succeed 10 all the lule. power and dUlies conferred upon <br />TruSlee herem and bv applicable law <br />%3. Request ror Notkn. Borrower requc'l~ .hat ('OpIC!! 01' the nOlic('~ of ddllult and sale be sent to Borrower's ad. <br />drcli'l which i", the Propert)' Addr~\ "Borrowl"T funhcr rClJUC\."I Ihal ('ople' (If Ihe nolicC!. of default and sale be person <br />'el rorth herein:' <br />2.4. Riders 10 thia Security Inal.ument. If one nr more rlders a'c eleeuted hy ""rrower and recorded logether wilh <br />Ihis Security Instrument. the covenanls Bnd agrecmcnI" of each \uI.:h nder ,hall be IRCorporatM 1010 and shall amend and <br />supplemenl the covenants and agreemenl\ of thiS Securll)' In\1rumcnt a' If Ihe nder(s) were n pari of thiS Security <br />Instrument. [Check apphcabl. boo(es)] <br />00 Adjustable Rile Rider <br />C G.ldulted Payment Ride, <br />C Olhcr(s) (s"",,lfy] <br /> <br />~ Condominium Rider <br />=: Planned Uno' Onelopmenl R,der <br /> <br />:::::; 2-1 Family Rider <br /> <br />By SIGNING DU.nw. Borrower Decep"" and agree' 10 the lenn\ and co\'cnanls conlalRed In IhlS Security <br />Instrument and many rlder(s) eoecuted hy ",mower and recorded wllh II <br /> <br />~ I. tJ~ eSe.11 At1-~ tJ~ (Seal) <br />JlHl R. "rM eo,,~ DENIS( llARIrM -so,,""' <br /> <br />I Se.11 lSeal) <br />DOtl0W8r -8onowet <br /> <br />ACKNOWLEOOMENT <br /> <br />I/WC, JlHl R, RlrM.n1l DENIS( RlrM <br /> <br />amoungAltm.\or!2 tb, 19 II <br />("T,uslCC") and UWt'ERS TilLE IIIlil.IIlAIU aIlPOIlATlDN <br />("Beneficiary") comi,\JI\WlrJllllJ. ~tpI,o~:&llATlOT, RT. Cl.EJ'(NS, RI 48043 <br /> <br />, t"Tru'\lm"), under thai certain Deed or Trust dalro <br />, ("Deed of Trust") to be eOlered inlo <br /> <br />LEGAL DESCRIPTION: <br /> <br />5H Front PII' <br /> <br />hercb)' ackowlcdge ,hat it is under\tood that (n) the Deed or Trusl 10 be C'Jl;ccutcd by Trustor is a trusl deed and nOI a mor. <br />19age and (b) the power or \ale pro\.'ided rOf in (he Det:d or Tru!o.t pro\.'ide\ \UbSlamially diHerenl rights and obligation!. <br />to the Tru~lor Ihan a mortgage in the ('\1:01 of a ddauh of breach of obligation. <br /> <br />Tru!illor Acknowledge!> thai Ilm Acknowledgment \\a... made prior 10 Ihe ('"cculion of (he Deed of Trusl. <br /> <br />Trustor <br /> <br /> <br />,19 <br />last II <br /> <br />fw~_~_ <br /> <br />JlHl R. WARDrM <br /> <br />~~;rM u)at~_______ <br /> <br />ExttUlcd and delivered thi." <br /> <br />12 th <br /> <br />day 01 <br /> <br />Trustor- <br /> <br />Sta.. 01 N.bnsh ) <br />I... <br />Cou.., 01 Hall ) <br /> <br />The roregoing !muumenl .....a~ ackno\\ledged before me (hi, 12th <br />August .19 88, hI' John R. Wardyn <br />Husband <br />Wilne", my hand and nOHuial ,e.-al al Grand Island <br /> <br />day 01', <br />and Denise Wardyn. <br />and Wi[ e <br />In \[lId (-I'll Ill'. till' dale: ,1 1'01 l":lld <br /> <br /> <br />i). ! <br />(r~ir'( I"C{. ./) <br />NOIaf}: Publl..: <br /> <br />) <br />~< ,,\, <br />!'_ I <br /> <br />~h \"olllmiuton c\pirC',; <br />