88105807 - Laserfiche WebLink

Browse

If tho pow.r of 5.1. is invok.d, Trust.. sh.n r.rurd 0 nntlr. of d.faultln .o~Qo~y In~hQ'p.ij Q.:7 of tho I)roperl)' Is located IiInd shall man coplcs ( - such notice in the. manner prescribed by applicable law to Borrower and to the other persons prescribed by .pplluble Isw. After the time required by applicable Inw. Trustee shDJI Rive public notice of sale to the persons and In the manner prescribed by applicable law. Trustee. without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice orsale in one or more parcels Ilnd in any order Trustee determines. Trustee may postpone sale of oil or Dny parcelof'the Proper_y by public announcement at the time and place 01 any previously scheduled sale. Lender or Us designee may pun:hue the Property at any sale. Upon receipt or p.yment of the price hid. Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima faele el'idence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including. but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to tbe person or persons legally entitled to it. 20. Lender in P055essioD. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person. DY agenl or by judicially appointed receiver) shall be entitled to enter upon. take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first 10 payment of the costs or management of the Propeny and collection of rents, including, but not limited 10, receiver's fees, premiums on receiver's bonds and reasonable anomeys' fees, and then 10 the sums secured by Ihis Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, lender shall request Trustee to reconvey the Property and shall surrender this Security Instrumenl and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shaH reconvey the Property without warranty Bnd without charge to (he person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22, Substitute Trustee. Lender. at its o(Jtion, may from lime to time remove Trustee and appoint a successor trustee 10 any Trustee appointed hereunder by an instrumenl recorded in Ihe county in which Ihis Security Instrument is recorded. Without conveyance or the Propeny. the successor lrustee shall succeed to all the title, power and duties conferred upon Trustee herein and bv applicable law. 13. Request for Notices. Borrowcr requ~ts that copic!l of Ihe notice!!. of default and sale be sent to Borrower's ad- dress which is the Property Address. "Borrower further rcque!.l!. Ihal copies or lhe notices of defauJl and sale be person sel rorth herein. n 24. Riders to this Security Instrument. If one or more riders arc executed by Borrower and recorded together with this Security Instrument, the covenants and agreements or each such rider shall be incorporated into 3I1d shaH amend and supplement the covenants and agreements or this Security Instrumen1 as ir the rider(s) were a part of this ~urity lnstrumenl. [Check applicable box(05)) ~ Adjustable Rale Rider o Gradualod Poymenl Rid.r o Other(s) [specify] o Condominium Rider o PI.nned Unil D.volopm.nl Rider o 2-4 Family Rid.r By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument an in a ri ter(s~~uted by Borrower and recorded with it. Ai5..ze/7'?? (Seall ~~~ .Eorrowef (Seal) -Be=- (S.all .Borrower (Seal) -Be=- I/We, BOBIY _ loci USIIA October 27 th, 19 M amoung TrUSler, 1ICOIl 1ITLE INSlllllla COIIlAHY ("TruSlee") and CEHTRAL 1IIl1lill&E aJIIllIIA1I114, .l68OO liRAIIOI, "I. ClEIIEIISt "I 4&043 ("Beneficiary") covering the following described propeny: ACKNOWLEDGMENT ABRAHAft , ("Truslor"), under that certain Deed or Trust dated , ("Deed of Trust") to be entered into LEGAL DESCRIPTION: See Front PliO hereby ackowledge thai it is understood thai (a) the Deed or Trust to be executed by Trustor is a trust deed and not a mor. tgage and (b) the power or sale provided for in the Deed Dr Trust provides substantially different rights and obligations to the Trustor than a mongage in the event or a default of breach of obligation. Trustor Acknowledges that this Ac....nowledgmenl was made prior to Ihe execution or the Deed of Trust. Executed and delivered this 27 th day of October . 19M ~ ~<A.. lJi'.u..a..6...Q:...~ Trustor U9WI ABMlIAl1 St.,. of N.bra"'. ) )55. Counly 01 Hall ) The foregoing instrumenl wa.. acknowledged before me thi<o, 27th day of. October .1988 ,by Bobby Abraham and Usha Abraham Husband and Wife Witne~" my hand and notarilll..cal al Grand Island III ~Ultl Cnull1~. till' date afnrt'!.uid. \of) commh...ioll C"pire..: .J:6IIlMl1llIM'/.sutIoI .."to ROBERTA L. REED Ify Cnmm Eta Iuly 11 ,lIt!