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87100303
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Last modified
10/18/2011 11:47:14 PM
Creation date
3/27/2008 1:51:55 PM
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DEEDS
Inst Number
87100303
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V— QQ Q <br />NON UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedles. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of <br />any covenant or Miraemenl in this Security Instrument (but not prior to acceleration under paragraphs 0 and 17 unless <br />applicable low provides otherwise). The notice sham "specify: (a) the default; (b) Ike action required to care The default; (c) a <br />dele, not Mass fit" 30 days from the date Ike notice Is given to Borrower, by which the default mast be cared; and (d) (bat <br />fol are to care the default oa or before the date specified In the notice may result In acceleration of the sums smeared by $his <br />Security' instrument and ask of the Proiserty. The notice shelf further Inform: Borrower of the rinbt to relastate •rter <br />the power of sak and t ay other'ramtdks permitted 'by applicable law. Lender sham be entitled to collect tall elsptssstts incurred <br />le putIMOg the remeM" provided in tlrht paragraph 19, including, but not limited to, remonoble attorney's foes ttad costs of <br />Mk evidesm. <br />It the power of sale in invoked, Trustee sham record f notice of default in rub county In which any part of the <br />Property In located and shall mall copies of such notice in the manner prescribed by applicable law to Borrower end to the <br />other persons prescribed by applicable law'. After the arose required by applicable law, Trustee shall give public notice of oak <br />E to the peruoas and in The manner prescribed by applicable law. Trustee, without demand on Borrower, sham No the Property <br />at pubes auction to the highest bidder of the time and place and under the terms designated In the notice of sale in one or <br />man percale and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public <br />announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at <br />any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. <br />The recbaks in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall <br />apply the proceeds of the safe In the following order: (a) to all expenses of the sale, including. but not limited to, Trustee's <br />fees as permitted by applicable law and reasonable attorney's fees; (b) to all sums secured by this Security Instrument; and (c) <br />any excess to the parson or persons legally entitled to it. <br />20. Leader In Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, <br />by agent or by judicially appointed receiver) shalt be entitled to enter upon, take possession of and manage the Property and <br />to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied <br />first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's <br />fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Security Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shall 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 />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to <br />any Trustee appointed hereunder by an instrument 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 />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address <br />which is the Property Address. <br />24. Riders to thin Security Instrument. If one or more riders are executed by Borrower and recorded together with this <br />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 Instrument as if the rider(s) were a part of this Security Instrument. <br />(Check applicable box(es)] <br />❑ Adjustable Rate Rider ❑ Condominium Rider 2-4 Family Rider <br />❑ Graduated Payment Rider ^ Planned Unit Development Rider <br />❑ Other(s) (specify] <br />By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and <br />in any rider(s) executed by Borrower and recorded with it. <br />(Seal) <br />Helen Frerichs <br />a � _ (seal) <br />Richard A. Frerichs <br />__.. ISp , Mo. this 1— For A,kn°.le S--:j <br />STATE OF hWi3RASKA i <br />IAMMSTER _ } SS: <br />COUNTY OF JJJ <br />1, __. a Notary Public in and for said county and state, do hereby certify that <br />Fpir�-n _FSPr� r h. �ti; r arr� A Frerichs <br />_._. ,personally appeared <br />before me and is (are) known or proved to me to he the person(s) who, being informed of the contents of the foregoing <br />instrument, have executed same, and acknowledged said instrument to be _ 1_ __..free and voluntary act and <br />ill,, h<., 11-1 deed and that _�— executed said instrument for the purposes and uses therein set forth. <br />l4t.h January 137 <br />---- - - - - -. day of - - - - - -- 19 _- _...._...._ -_ - - -- <br />Notary Public <br />e : <br />x iu � <br />
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