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87101838
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87101838
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Last modified
10/19/2011 4:27:04 AM
Creation date
3/27/2008 2:06:09 PM
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DEEDS
Inst Number
87101838
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$7' 101838 <br />NeN UNIFORM CereNaNTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of <br />any covenant or agreement in this Security Instrument (but not prior to accelemdon under paragraphs 13 and 17 unless <br />applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a <br />date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that <br />failure to cure the default on or before the date specified in the notice may result In acceleration of the sums secured by this <br />Security instrument and sale of the Property. The notice shaft further inform Borrower of the right to relegate after <br />aeceleratloe and the right to bring a court action to saw" the sontsistenee of a default or any otber defense of Borrower to <br />acceleration sod ask. If the default Is not cured on or before the date specified In the notice, Lender at Its option may <br />require immediate payment is full of sft sums secured by this Security Instrument without further demand and may invoke <br />the power of ask and any other remedies permitted by applicable law. Leader shall be entitled to collect all expensss Incurred <br />In perming the remedies provided in this paragraph 19, Including, but not 1®ited to, reasonable attorney's fees and costs of <br />title evidence. <br />If the power of sale h Invoked, Trustee shall record a notice of default in each county In which any part of the <br />Property Is located and shag mail copies of seek 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 appBrable law. Trustee shaft give public notice of sale <br />to the persons red In the manner prescribed by appNarbie law. Trustee, without demand on Borrower, shall sell the Property <br />at public section to the highest bidder at the time and place said under the terms ddgeated In the notice of ask in one or <br />men parcels and In any order Trustee determines. Trustee may postpone side of all or any pared of the Property by public <br />auosseene et at the time and place of any previously scheduled seek. Lender or its designee may purchase the Property at <br />may ale. - - - <br />Upon receipt of payment of the price bid. Trustee shelf deliver to the pme3ma Trustee's dead conveying the Property. <br />The recitals In the Trustee's deed shag be prima fade evidence of the tz of the MUmeim nude thereln. Trustee sbeidl . <br />apply the proceeds of the ask in the following order: (a) to all espeaaes of the side, hadndieg, but am limited in, Trustee's <br />fee an permitted by applicable law and reasonable attorney's fees: (b) to all sus secure I by this Security Instrument; and (c) <br />my exam to the person or persons legally entitled to It. <br />20. fender is Possession. Upon acceleration tinder paragraph 19 or abandonment of the Property, Lender (-m person, <br />by agent or by judicially appointed receiver) shall 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 reran collated by Lender or the recover 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 semis secured by this Security Instrument. <br />21. Recomveyesm. Upon payment of all sums secured by this Stxurity Instrument, Larder shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Se cerley <br />Instrument to Trustee_ Trustee shall recemvey the Property without warranty and without charge to the person or perstms <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 We, power and duties conferred tapam <br />Trustee herein and by applicable law. <br />23. bequest 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 this Security ImstrameeL If one or more rides are executed by Bexrower and recorded together with this <br />Security Instrument, the covenants and sipeements of each such rider shaft be iraarporated into and *0 amend said <br />supplement the covenants and agreements nts of this Security Inureanmt as if the rider(s) were a part of this Security innsnmmiL <br />JCbeck applicable box(es)] <br />❑ Adjustable Rate Rides ❑ Condominium Rider ❑ 2-4 Family Rider <br />Graduated Payment Rider ❑ Planned Unit Development Rider <br />❑ Other(s) [specify] <br />By SiGNSNG BELOW. Borrower accepts and agrees, to the terms and Covenants Contained in this Security, 1"isnument and <br />in any rider(s) recorded with it. <br />— (Seal) (Seal) <br />Alan L. Peterson a— Deborah J. Pete son s— <br />(Seal) (gyp) <br />1ea,9.e,- - tu„o.,a <br />Luna eau. Tie tae R. Ace —kft—d <br />STATE OF Nebraska <br />COUNTY OF SS: — >:iall JJJ <br />1, the undersigned , a Notary Public in and for said county and state, do hereby certify that ~' <br />data L 8ent¢raon A il@hn ah T PerPrcnn , perso-By appeared <br />before me and is (are) known or proved to me to be the person(s) who, being informed of the consents of the foregoing <br />instrument. have executed same, and acknowledged said instrument to be their free and voluntary am and <br />deed and that they vr, acre <br />executed said instrument for the purposes and uses therein set forth. <br />Witness my hand and official sea) this 2nd day of April 19 87 <br />My Commission Expires: <br />GEWA iDUgf ll�h N bbrukr -- (Seal) <br />MW l W1FKMLI Mary blic <br />' M tires N1 br 2E. 19E9 <br />Then -hWurnent was pleparea ny _.. <br />
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