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88105388
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88105388
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Last modified
3/9/2007 5:41:44 PM
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3/9/2007 4:41:49 AM
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DEEDS
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88105388
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<br />r- <br /> <br />Illh. po...r 01..1. I. Invnk.d. Tru'I.. .h.1I r.cnrd . notic. 01 del.ull In ..ch counl~i~:;;;:h ~n9 ~r~lI~l~ <br />Propt'ft)' islocaled and shall mall copies or such notice In the manner prescribed by applicable haw to "nrrower ond to Ihl <br />olh.r person. prescribed by .ppllc.bl. I.... Aller Ih. 11m. r.qulred by .ppll..ble 10", Tru'le. .h.1I RI.. publl. nOlle. 01 <br />slle 10 the persons Ind In the manner prescribed by applicable law. Trustee. without demand on Borrower. shall sell the <br />Praper')' at publlc: auction to the highest bidder I' the lime and pllce and under the terms designated In the notice of sale In <br />one Of more parcels and in any urder Trustee determines. Trustee may postpone sale of all or any parcel or'the Property by <br />pubHc announcement a' the time and place or any previously scheduled sale. Lender or Us designee may purchase the <br />Property Illny SlI., <br />Upon rrceJpt of payment of the price bid, Trustee shall dellnr to the purchaser Trustee's deed conveying the <br />Property. The reellll. In lh. Trusle.'s deed Iball be priml facie e.ld.n.e of Ih. lrulh ollh. sl.lem.nls m.d. Ih.r.ln. <br />Tru'I" Ih.lllpply lb. pr....ds oflh. SlI.ln lb. follo..ing order: (I) 10 .1I..pen... oflhe sale. including. bul nOlllmited <br />to. Trustee's fees as permiUed by applicable I." and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Instrumen,; and (d any excess 10 the person Dr persons legally entitled to it. <br />20. Lender in Possession. Upon acceleralion under paragraph IQ or abandonment of the Property, lender (in <br />person. by agml or by judicially Ilppointed receiver) shall be entitled 10 enter upon, take possession of and manage the <br />Propeny and to collect the rents of the Property including those past due. Any rents collected by lender or the receiver <br />sholl be applied first to paymeRl of lhe costs of management of the Propeny Ilnd collection of rents, including, bU1 not <br />limiled la, receiver's fees, premiums on receiver's bonds and reasonable anomeys' fees, and then to the sums secured by <br />this Securi1Y Instrument. - <br />21. Reconteyance. Upon payment of all sums secured by this Security Instrumenl, lender shall requesl Trustee to <br />reconvey the Propeny and shall surrender 1his Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee, Lender. at ilS option, may from time 10 time remove Trustee and appoint a ~uccessor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. <br />Withoul conveyance of the Property, the successor trustee shall succeed to aU the title. power and duties conferred upon <br />Trus1ee herein and bv applicable law. <br /> <br />23, Req"est for Notices, Borrower requ~ts thai copies of Ihe notices of default and sale be senl to Borrower"s ad- <br />dress which is the Property Address. "Borrower fUrl her requesl~ Ihal copie!. of Ihe nOlices of default and sale be person <br />~el forth herein. ,. <br />24. Riders to tbis Security Instrument. If one or more nders arc ex.ceu1ed by Borrower and recorded together with <br />this Security Inslrument, the covenants and agreements of each !iuch nder shall be incorporated into and shall amend and <br />supplemen1 the covenants and agrecmenls of this Security Instrumenl as If the nder(s) were a part of lhis Security <br />In.lrumenl. [Check appliCllble box(esll <br />~. Adjustable Rate Rider <br />C Graduated Payment Rider <br />=:: Other(.} [.pecify) <br /> <br />C Condominium Rider <br />[J Planned Unit Development Rider <br /> <br />o 2-4 Family Rider <br /> <br />By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security <br />Inslrumenl and in any rider(s) eJleculed by Borrower and recorded with it. <br /> <br /> <br />~ ~ el:.~: (lIlU~~X~L~ ~~ <br /> <br />{S.all <br />Borrowel <br /> <br />(Stal) <br />-Bor~ <br /> <br />ACKNOWLEDGMENT <br /> <br />I/\\'e, PIARK 1. BIXEHMHH.nd CAROlYN L. BIXEHftAHH . ("Trustor"), under thai certain Deed of Trusl dated <br />Septftber 30 th, 19 6S , ("Deed of Trust") 10 be entered into <br />amouog Trustor. UlIIl'ERS TITLE I~SIJRAII[E COIlPORATlOH <br />("Tru'lee", and CEIITllAlIlORTGAGE CORPOAATIDIt, 36800 GAATIOT, "I. ClEl'oEHS, "I 4B04J <br />r"Bcnc:(1ciary") co...ering the following described property: <br /> <br />LEGAL DESCRIPTION: S.. Front p'!. <br /> <br />hcreby ackowledge that il is understood rhat (3) Ihe Deed of Tru!ilIO be executed b)' Trustor is a trust deed and not a mor- <br />tgagc and (b) the po\\.er of sale J1covided for in the Deed of Trust prO\:ides subslanlially different rfghts and obligalions <br />to the: TiuMor Ihlln a mortgage in Ihe event of a default of breach of obligalion. <br /> <br />Tru!ltor Acknowledgc!. Ihatthis Al:knowledgment u..a~ made prior 10 the c)l.ccution of the Deed of Trust. <br /> <br />Execuled and delivered this <br /> <br />30 tl1 <br /> <br />day of <br /> <br />S.ptOlber <br /> <br />. 19 8e <br /> <br />'t::cr:.., ","~ <br /> <br />Trusfor . <br /> <br />Stl.. of NdIrub I <br />)... <br />CO"I, 01 Hall I <br /> <br />The- tmC'lOmll lO!rIrumenl \Aoa,. ad:lO\lo ledged bdorr me: lhl.. 30th1a~ of, <br />September ,1966 ,I;J~ Mark J. Bixenmann and Carolyn L. Bixenmann <br />Husband and Wife <br />WlInn" ml hand and notarial ..ral rtl Grand Island li1 "lid ({ltml'. lhe: dOlh: Olh'rt'..md <br /> <br /> <br />(~~1:'). . JtuL\. <br />
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