|
<br />88- ~ 108231
<br />
<br />NON,UNIFORM COVENANTS. Borrower and Lender lunher covenant and agrcc u lollows:
<br />19. Acceleration; Remedl..., Lender .bal. Ilbe nollee to Borrower prior to _elerallon followlnll Borrower'.
<br />brudI of any toyenant or agreemenUn tbl. SKurlty IlIIlrument (but not prior to aeeeleratlon under paralP'1lpb.13 and 17
<br />usIea appllmle law proYldel olhenrlae1. The nollte .bal. .~Ify: (al Ibe default; (bl the action required to cure tbe
<br />delltult; leI a date, not leu Iban 30 day. from Ibe date !be notlte la Ilfnn to Borrower, by wblch Ibe default must be cured;
<br />and ldl !bat failure to cure Ibe default on or before Ibe date s~lfled In tbe notice may result In acceleration ofthe SUIIII
<br />_red by tl!1a Security IlIIlrument and we. of Ibe Property. The notlte sball furlber Inform Borrower of tbe rlpt to
<br />reillltate after acceleration and tbe rlpt to bring a court action to .....rllbe non.exlatente of s default or aDy olber
<br />defe.... of Borrow"" to acceleration and we. If Ibe defaa1tla not cured on or before tbe date sped6ed In tbe nollce, Lender
<br />at Ita option may require Immediate PS)'llloot In fall of all sums _ured by thla Seeurlty IlIIlrumoot wllbout fur1ber
<br />demand and may Inyoke Ibe power of we and any olber remedies permitted by sppllcable law, Lender shall be entitled to
<br />collect all expenses Incurred In pursuing Ibe remedies proYlded In ibis paralP'1lPb 19, Including; but not limited to,
<br />reasonable attorneys' fees and cilsts oflltle eYldente.
<br />If Ibe power of we is ioyoked, Tmstee sball record a notlte of delltult In eacb county in wblcb any p811 of Ibe
<br />Property la located and sIta11 mall copies of such notlte in tbe manner prescribed by sppllcable law to Borrower and to tbe
<br />olber penolll prescribed by applicable law, After tbe time required by applicable law, Trustee sballllfve public notice of
<br />we to Ibe persOIll and in Ibe manner prescribed by applicable law, Trustee, without demand on Borrower, sball sell tbe
<br />Property at public auction to tbe blpest bidder at the time and place and under Ibe terms deslBJlllted In the notice of sale In
<br />one or more psri:els and In any order Trustee determines. Trustee may postpone we of all or MY parcel of the Property by
<br />pnbllc announcemeu1 at the time and place of any previously scheduled sale, Lender or Its designee may purchase the
<br />Property at any we.
<br />Upon receipt of paymen1 of the price bid, Trustee sball dellnr 10 the purchuer Trustee's deed conveying tbe
<br />Property. The recitals In the Trustee's deed sball be prima lacle evidence 01 the tru1h of the statements made therein,
<br />Trustee shall apply the proceeds of tbe sale In tbe lollowing order: (al 10 all expenses of Ihe sale, including, but not limited
<br />to, Trustee's fees as permitted by applicable law and reuonable attorneys' fees; (bl 10 all sums aeeured by tbis Security
<br />Inslrumeut; and (c) any excess to tbe penon or personslegslly entitled 10 it.
<br />20. Lender in PoSS4.'SSion. Upon acceleration under paragraph 19 or abandonment of the Property. Lender (in
<br />person, by agent or by judicially appointed receiver) shall be enlilled to enter upon, lake possession 01 and manage the
<br />Propeny and to collecllhe rents of the Propeny including those past due, Any rents collected by Lender or the receiver
<br />shall be applied first to payment of Ihe costs of management 01 the Property and collection 01 rents, including, but not
<br />limited 10, receiver's fees, premiums on receiver's bonds and reasonable atlomeys' Ices, and then 10 the sums secured by
<br />Ihis Security Instrumenl.
<br />21. Reconveyance. Upon payment of all sums secured by this Security Inslrument. Lender shall request Truslee to
<br />reconvey the Property and shall surrender this Security Inslmment and all notes evidencing debt secured by lhis Securily
<br />Instrurnenlto Truslcc. Truslec shall reconvey the Propeny wilhout warranty and without charge to the person or persons
<br />iegally entitled to it. Such person or persons shall pay any' recordation costs.
<br />ZZ. Substitute Trustee. Lender. at its option, may from time 10 time remove Truslec and appoint a successor trustee
<br />to any Truslee appointed hereunder by an inslmmenl recorded in the county in which this Security Instrumenl is recorded.
<br />Wilhoul conveyance 01 the Property, Ihe successor Imstee shall succeed to all thelille, power and dUlies conferred upon
<br />. Truslee herein and by applicable law,
<br />13. Request for Notices. Borrower requests that copies 01 lhe notices 01 dcfaull and sale be sent to Borrower's
<br />address which is Ihe Properly Address.
<br />14. Riders to tbls Security Instrument. If one or more riders are execuled by Borrower and recorded togelher with
<br />Ihis Security Instrumenl, the covenanls and agreements 01 each such rider shall be incorporaled into and shall amend and
<br />supplemenl Ihe covenants and agrccments 01 Ihis Security Inslrument as il the rider(s) were a pan of Ihis SecurilY
<br />Inslmmenl. [Check applicable bnx(es)]
<br />D Adjustable Rate Rider D Condominium Rider D 2-4 Pamily Rider
<br />
<br />D Graduated Paymenl Rider
<br />
<br />D Planned Unil Development Rider
<br />
<br />D Olher(s) [specify]
<br />
<br />BY SIONING BELOW, Borrower accepts and agrees to the [enns and covenants contained in this Security
<br />Inslmment and in any rider(s) e,eculed by Borrower and recorded with it.
<br />
<br />
<br />,..({J~..~....?d:L..,................,.......(scal)
<br />,..~~~~......,......,::::
<br />
<br />Gretchen L. Elkins -80,"",",
<br />
<br />STATE OF NEBRASKA.
<br />
<br />Hell County ss:
<br />
<br />On Ihis 16th day 01 November , 19 BB ,before me. Ihe undersigned, a NOlary Public
<br />duly commissioned and qualified lor said county, personally came Darrell W. Elkina and Gretchan L.
<br />Elkins, each in his and her own right, and as spouse of each othar. to me known to he the
<br />Identical personls) whose name(s) are subscribed to the foregoing instrument and acknowledged Ihe execution
<br />thercol to be their voluntary act and decd_
<br />
<br />
<br />::e;::::~~~: :x::e:~::a~:cal at Grand ISla/7s~a~ Rin S:d counly. the
<br />~'1IUl~9tuEs;~~'%~~-:~;,:~'"
<br />
<br />TOTRUsnIIII: "__lI1l,s.J 1. J
<br />
<br />The undersigned is the holder of the "Ole or nolC'~ wCllrcd by Ihi, DC'~d of rru~1. SowJ unlc Of 1hlh~..., In~\.'(hl'l
<br />wilh aU olher indebtedness secured by this Deed ofTrwH,lli:Ivc bL'Cll pailllll 1'1111. You an: ht,.'ldw difl'L'll'd (l1l.::tn":l'l "ald
<br />nole or noles ilnd Ihis Deed of Tru\l. which are delivered 11l'fl.'hy. anu 10 rl.t.:lll1\'l"Y, wllhlllll ~\i1Il;II11\, "II 1 Ill' nIall'
<br />now held hy you under lhi" Deed or Trust to the per\flll or pl'r"tt!1.. 1C'J!illh- l'l1litbllhl"ll.!tl
<br />
<br />Dale:
<br />
|