88106517 - Laserfiche WebLink

Browse

88- 106517 NON.UNIFORM COVENANTS. Borrower Bnd Lender further covenant and agree as rollows: 19. Acceleration; Remedies. Lender shB.l1 Idve notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security lostmment (but not prior to acceleration under paragraphs 13 and 17 unJesI applicable I.w provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (e). date, not less than 30 days from the date the notice Is given to Borrower, by which the default must be cured; and Cd) that fllilure to cure the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrumelit and sale of the Property. The notice shall further inlonn Borrower of the right to reinstate after acceleration and the right to bring a ~urt action to assert the Donaexistence of B default or any other defense of Borrower to acceleration and sale. If the default ls not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all Slims secured by this Security Instrument without further demand and may invoke Ibe po"er of sale and any olber remedies permilled by applicable la". Lender sban be entitled to collect all expenses incurred in pursuIng the remedies provided in this paragraph 19, including, but not limited to, reasonable attorneys' fees and costs oUitle evidence. If the power of sale is invoked, Trustee shall record a notice of default in eacb county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required ayapplicable 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 the 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 publ t announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of paymeut of the price bid, Trustee shaD deliver to the purchaser Trustee's deed co:neying the Property. The recitals in the Trustee's deed shall be prima (acie evidence of the truth of the statements made therein.. Trustee shaJlapply Ibe proceeds oflbe sale io Ibe followiog order: (a) 10 all expenses of Ibe sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (bJ to aU sums secured by this Security Instrument; and (el any e:r.cess to the person or persons legally entitled to it. 20. Lender in P-ossession. Upon acceleration under paragraph )9 or abandonment of the Property. Lender (in person, by ageD( or by judicially appointed rc:ceiver) shan be entitled to enter upon, lake pllSSeSSion of and manage the Property and to collect the rents of the Propeny 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 Property and collection of rents. including. but not limited to, receiver's fees, premiums on receiver's bonds and reasonable anomeys' fees. and then to the sums secured by this Security Instrument. 21. RecoDl'eyance. Upon payment of all sums secured by this Security Instrument, under shall request Trustee to rcctJnvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Propeny without warrant). aud without charge 10 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 a 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 Propeny. the successor trustee shall succeed to aI) the title. power and duties conferred upon Trustee hereio and by applicable law. 23. Request for Notices. Borrower requests that copies of che notices of default and sale be sent 10 Borrov.'cr.s address which is the Property Address, 24. Riden to thiJ Security IlISlrumellt. If one or more riders are executed by Borrower and recorded together with this Security Inslrument, the covenants and agreements of each such rider shall be inCClrporated into.and shall amend and supplement the covenants and agr(.Cments of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Che<:k applicable box(cs)] Ii] Adjustable Rate Rider 0 Coodominium Rider 0 2-4 Family Rider o Graduated Payment Rider o Planned Unit Development Rider IKJ Other(s) [specify] Acknowledgement By SIGNING BELOW. Borrower accepts and agrees 10 the terms and covenants contained in this Securily Instrument and in any rider(s) executed by Borrower Bnd recorded with it ~>/;~=~ 'h'ccinii'fe'K:"hK~~'"'''' .......~ STATE OF NEBRASKA. HALL Count)' !.!.; On this 30th du)' of November .19 BB . bdore ml., Ihe undC'r~ignC'd, a Notary Public dUIYhcu"Sb~~diO~~~ a~~ (~alified ror said county, personally came Robert H. Krohn and Conni e K. Krohn, , to me- known 10 be Ihe identical person(s) whose name(s) are subscribed 10 Ihe foregoing in!ltrumcnl and adnowledged the execution thereof to be thei r voluntary acl and deed. Witness my hand and nOlarial seal al Grand 151 and in said counly. the date aforesaid, .1?"Pj/.I//4.1JI:' \..~C/'L _~L NIl'nl,l'lIbl" REQUEST FOR R~NVEY ~NCE To TRUSTEI: The undersigned i!r the holdcr of Ihe nolc or nolc!. ~ecurnl hy 11m Dt'('J III 1111'1 ",llld IUllr "I Ihlln, lil~l'tlwr wuh aU other mdcblrones\ ,ceurro by Ihi\ Dccd of Tru'l, ha\'c heen paid 111 full 't 011 ,Ill' h(', t'h\ dill', Inll,', ,llh'd '.lId nOle or nOle'\. and (hi'\. Deed or TrU\I. whICh arc: ddh,t"rC'd hcrch~, and III In''Il\l\, ....'ltll'lIl \\.111 ,'tll' .111 rill no....' held by you under Ihl\ I>ced III TrU\1 10 Ihc per\oll m per"H1\ kllalh t'llIllh-d 11l1'II'r" Dall".