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88106458
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Last modified
3/9/2007 5:41:53 PM
Creation date
3/9/2007 4:44:17 AM
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DEEDS
Inst Number
88106458
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<br />88_10645e <br /> <br />NON-UNIFORM COVENANTS. Borrower Bnd Lender further covenant nnd agree as follows: <br /> <br />19. A~eration; Remedies. Lender shan gin notice to Borrower prior to acceleration following Borrower's <br />breach Df any COTelWlt or agreement in this Security Instrument (but not prlof to acceleration under paragraphs 13 and 17 <br />unI... _Uable I.w pro,ld.. ollH:nriael. The ootlee shall specify: (a) the deFaolt; (hI the aetioa required to cure the <br />default; (e). date, not Jess tbaD 30 days (rom the date the notice is given to Borrower, by "hich the default must be cured; <br />and Cd) that ,.Uure to care the default on or bdore the date specified m the notice may result in acceleration of the sums <br />secured by thIa Security Ioatrumoot ..d "'e of lIH: Property. The notlee sball further Inform Borrower of the right to <br />relDstate after acceleration and the right to briDg a court action to assert the non-existence of a default or any otber <br />def.... of Borrow.. to .ceeleratlon..d ..... Hth. default Is not cured on or before the date specified In the notle.. Lender <br />at Us option may .....uire immediate paym.ot in fun of all sums ..cured by this Security Instrumeot without further <br />dellWld ..d may in,oke the power of"'e ..d ..yother re,11edl.. permitted by applicable law. Lender sball be entitled to <br />coUect all expeosea incurred in pnnolog the remedlea pronded in thIa paralll'apb 19, inelndlol!, but nol limited to. <br />reuonable nUom!!yP' fees and costs of dUe evidence. <br />If the po....r of "'e Is invoked, Trustee shall record a notlee of default in ea<h county in which ..y pm of the <br />Property Is 10000ted..d shall malIcoplea of sueb Dotlee in the munner prescribed by applicable law to Borrow.. and to the <br />ollH:r perBODI prescribed by appUcable law. After .tbe tiMe required by applicable law, Trustee shall gi,e pubUc Dotlee of <br />we to the penons and in the manner prescribed by applicable ~". Trustee, without demand on Borrower, sball sell the <br />Property at public aumon to the highest bidder at the time and place ROd under the terms designated in the notice nfsale in <br />ODe or more parceIa..d in..y order Trustee determineR. Trustee may postpone sale of all or my pareel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its desigRee may purchase the <br />Property at auy "'e. <br />Upon receipt of payment of the price bid, Trustee shall 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 truth of tbe statements made therein. <br />Trustee shall apply the proceeds of the"'e in the foUowing order: (al to all expenses of the "'e. iocludlng. but not limited <br />to, TnlItee's fees as permitted by applicable law and reasonable attorneys' feesi (b) to all sums secured by this Security <br />lustrumoot;..d (c) ..y ex.... to the person or persons leplJy ootltled to it. <br /> <br />20. Lender in PosseuIOD. Upon acceleration under paragrapb 19 or abandonment of the Property. Lender (in <br />person. by agent or by judicially appointed receiver) shall be entitled to enter upon. take possession of and manage the <br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, including. but not <br />limited to. receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrumolt. <br /> <br />21. Reconnyance. Upon payment of all sums secured by this Sect!rity Instrument. Lender shall request Trustee to <br />reconvey the Property and !:haU surrender this 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 /> <br />22. Substitute Trmrtee. Lender. at its option. may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an in~trument recorded in the county in which this Security Instrument is recorded. <br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br /> <br />23. Request ror NoUce!!I. Borrower requests mat copies of me notices of default and sale be senlto Bonowcr"s address <br />which is the Propcny Address. Borrower funher requests thllt copies of the notice of default and norice of sale be senl to each <br />person who is a party hereto al the address of such person set fonh herein. <br /> <br />24. Riden to thiJ Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Inslrument as if the rider(s) were a pan of this Security <br />Instrument. [Cbeck applicable bo.(es)) <br /> <br />o Adjustable Rate Rider <br />o Graduated Paymenl Rider <br />o Other(s) (specify] <br />By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br />....~'!..~.....L.:...::V~...............(ScaI) <br />F'7.:~: -&....... <br />Stephen L. W.!'tta _-/.~ <br /><-:.::)..).III.~.\..,.!,.f..".:..~.r.?....L:.~:.4;..?.'j.. ..................(Seal) <br />-Ilom>we' <br /> <br />o Condominium Rider <br />o Planned Unit Development Rider <br /> <br />o 2-4 Family Rider <br /> <br />STATE OF NEBBASKA..........RaU....... . ............................~"::~~~.~~.~ B8: <br />On thio .........~Q............... day 01 .J:lQY~!lll;>.~.......... 19..\l.!!.., before me, the undersigned. B Notary Public <br />duly commiBBioned and qualified lor said county, pemona1ly came .................................................................... <br />StJll'h\!!l..b...!!~!;.\:.~..~!!\\..!1!!...~!!!!!!.~...w!.\:.~.!!~..!'.!!~..~!~.~..!!!!.~...lr.J!'!.!............................. to mo known to be the <br />identical peraon(B) who.. name(a) are subscribed to the foregoing inatrument and acl<.'lowledged the execu- <br />tion thereof to be ....t.he1r.............................................................................. voluntary act and deed. <br />date ':,~t::,:ld.'Y hand Illld notarial seal at .......g.r..~mLJ.~J!!!!9....1i~.~...Q~)f.~....... .. ..... in said county, tho <br /> <br /> <br />, m" /7 li <br />..........(.~.L..!...i~.P;;;,iifd;1.?4.2::...-... <br /> <br />Employment Opportunity/Affirmative Action Employer M/F. <br /> <br />I~ Below ThII IJM For Adlno.MdlfMnt) <br />
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