88105774 - Laserfiche WebLink

Browse

10577'.1 88- NON-UNIFORM COVENANTS. Borrower and Lender further covenant nnd agree a.'i [ollows: 19. Acceler.Uonj Remedlet. Lender shall gin notice to Borrower prior to acceleration follo"lng Borrower's breach of any cotenant or agreement io this Security Instrument (but not prior to Dcceleratlon under paragraphs 13 and 11 unless applicable I." pro,ides otherwIse), The notice sball specify: (a) tbe default; (b) the action required to cure the deflult: (el a ule, not less than 30 days from the dale the notice is given to Borrower. by which the default must be cured; and (d) that fallure to cure the default on or before the date specifled In the not~ce may resullln acceleraUon of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to BS5ert tbe non.existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this SeClilrity Instrument without further demand and may In"oke tbe power of sale and any other remedies permitted by applicable law. Lender shall be entitled to coiled all expenses Incurred in pursuing the remedies pro,ided in this paragraph 19, including, but not limited to, reasonsble attorneys' fees and costs nftitle el'idence. If the power of sale is invoked, Trw:tec shall record a notice of default in each county in which any part of the Property is located and shall mail copies of sucb notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell tile Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announc:emtnt at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property .t any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to an expenses of tbe sale. including., but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to an sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon llcceleration under paragraph 19 or abandonment of the Property. Lender (in person, by agent 3r by judicially appointed receiver) shall be entitled to enter upon. take: possession of and manage the Propeny and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the propcny and collection of renls, including, but nOI limited to, receiver's fees, premiums on receiver's bonds and reasonable auomeys' fees. and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Propeny and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee snail reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint 11 successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the.title. power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be lient to Borrower's address which is the Property Address. 24. Riden to this Security In5trumenL If one or more riders are executed by Borrower and recorded together with this Security Instrument., the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable bo'(o5)] GJ Adjustable Rate Rider D Condominium Rider ::::J 2--4 Family Rider o Graduated Payment Rider 0 PJanned Unit Development Rider GJ Other(s) [specify] Acknowledgement By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. ."j)dt&,."i.",a~~1/.,,(scal) Della L. Hoffman, A Single Person _Bot'TO"frer ..(Seal) -Borrower {SpAce Bdow Thia Line For Ackl1O.~'l COUNTY OF Nebraska ::::::::~::::::::::::::::::}ss: STATE OF by ~g~, ).,.., !I1~~~!'!B!',." ~. ~,~,!~.le. !.':'~.~'?~............."...,.,",..,' (person(.) aclrnowledgiog) The foregoing instrument was 3cknowledfZed before me this............... .~~~.~~~.~. .l.:~~.. ~.~~~............ ...... (date) My Commission aplres: I L. L ~ -r,,? ~ (.,u<- /.7L.,::trK.,'~1 NOllU) Puhllc