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87100453
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87100453
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Last modified
10/19/2011 12:03:30 AM
Creation date
3/27/2008 1:53:24 PM
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DEEDS
Inst Number
87100453
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r <br />NON-UNIFORM COVENANTS Borrower acrd Lendrr furrhrr -ve ant and ag-ce is folllov,s: 0453 <br />19. Acceleration; Remedies. Lender shall give notice I" Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs Viand <br />and <br />17 unless applicable law provides otherwise); The notice shall specify: (a) the default; (b) the anion required to cure the <br />default; (c) a date, not less than 34) days from the date the notice is iven to Borrower, by which the default must be cured; <br />and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the <br />right to reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or any <br />other defense of Borrower to acceleration and sale. If the default is not cured on or before thedate specified in the notice, <br />Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without <br />further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall he <br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not <br />limited to, reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale <br />in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property, <br />by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <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 the statements made therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not <br />limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this <br />Security Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in <br />or bypjudiiccially appointed receiver) shallebparagraph <br />entitled 19 or <br />nteraupon. make possession of Property, <br />nti manage the <br />Property and uo collect the rents of the Property, including those past due. Any rents collected by lender or the receiver shall <br />be applied first to payment of the costs of management of the Property and collection of rents, including, bur not limited to, <br />receiver's fees, premiums on receivers bonds and reasonable attorneys' fees, and then to the sums secured by this Security <br />Instrument. <br />21. Reeonveyance 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 />m• <br />Instrument to Trustee_ Trustee shall recoey 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 <br />to 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 <br />address wh ich is the Property Address. Borrower further requests that copies of the notices of default and sale be sent to each <br />person who is a party hereto at the address of such person set forth herein. <br />24. Riders to this 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 Instrument as if the riderns) were a part of this Security <br />Instrument. ICheck applicable box(es),I <br />❑ Adjustable Rate Rider ❑ Condominium Rider <br />❑ Graduated Payment Rider ❑ + Fc +milt' Rider <br />Y ❑Planned Unit Development Rider <br />❑ Other(s) [specify l <br />BY SIGNING BELOW, Burrower accepts and agrees it) rile rerms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />�.iSeal) <br />i <br />Merlin G. Brenden — Borrower <br />..,...tr...v:.. (Seal; <br />Bonnie C. Brenden _Borrower <br />}Space Below This Line For Acknowledgment) <br />STATE OF NEBRASKA, . Ha 11 <br />.............................. <br />County ss: <br />On this .... 22nd day �f January g7 <br />duly commissioned and qualified for said county, personally came ' I(1 " hetore nit, the undersigned, : Notary Public <br />Brendan........... Mer• t in -G:- Brian den • and •Boon i e• G........ <br />. .. ... to me known to to the <br />identical person(s) whose name(s) arc subscribed to the foregoing instrument and acknowledged the rxeculinn thereof to be <br />... .......their ................... voluntary act and deed. <br />Witness my hand and notarial seal at .....GCafld .I S1.dDda..NebrdSkd ............ . <br />aforesaid. o, said o,unty'.the date <br />- <br />My Commission expires: <br />.: <br />Notary Pubhr <br />�IlioO�,,pw of � <br />tt�l <br />
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