Laserfiche WebLink
1021 <br />NON,UNIF'ORM COVENANTS. Borrower and Lender further Covenant and agree as fo llows: <br />19. Acceleration; Romedles. Leader halt give notice to Borrower prior to acceleration following Borrower's <br />of any covenant or Beiromseat In this Security Instrument that not prior to accelerates ander paragraphs 13 and 17 <br />wOm applicable law pre ). The notice a a8 speeft (a) the t; (b) the action required to care ft <br />r and (c) a 6110, 901t ko than X days firom the date ON Is given to Borrower, by which to it meet be carte <br />(d) to care the on or before the deft specified In ft notice may reoult in acceleration of the <br />by this Security Instrument and sale of the Property. The notice shall further Inform Borrow of the right to <br />reindoft atter acceleration and the right to bring a court action to assert the rum-existence of a defisait or any other <br />defense of Borrower to acceleration and sae. If the default is not cured ones before the daft Specified in the notice, Leader <br />at he option army require Immediate payment in full of all swu secured by this Security Instrument without forther <br />demand Bud may Invoke the pawn' of ae and my other remedies permitted by applicable law. Leader shelf be to <br />collect all expenses incurred In pursuing the remedies provided in this paragraph 14, including, but no limier to, <br />keys' fen and costs of title <br />If the power of sale is invoked, Trustee shen record a notice of default in cock county in which any part of the <br />Property is located and dM MR copies of sueb notice in the manner prescribed by applieable law to Borrower and to the <br />other ptu m INVOCribed by mWiCalbis law. After the time required by applicable law, Trustee Shall give public notice of <br />ask to the perms and in the mmmw 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 ask in <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously seheduled sale. Lender or its designee may purchase the <br />Property at any ale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's teed 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 ill apply the proceeds of the ale in the following order: (a) to all expenses of the sate, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />I and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph 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 Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />recatvey 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 <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 which is the Property Address. <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 rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)] <br />Adjustable Rate Rider M Condominium Rider ❑ 2-4 Family Rider <br />[] Graduated Payment Rider F� 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 <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />IN WITNESS WHEREOF, Borrower has executed this Mortgage. <br />'. ........................ <br />(Richard E. Lewis) <br />(4..�. � ......................... <br />( arbara A. Lewis _ ®,,,e,,,;, <br />STATE OF NEBRASKA, ....... Nell ............................... County ss: <br />On this. .161h ..........day of.. April........... 19..87., before me, the undersigned, a Notary Poblic <br />duly commissioned and qualified for said county, personally came. .Ricbard . E.. Lewis. L. Barbara. A.... . <br />..L,esttill .... ........................... ............................... .to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be.....tb@ir......voluntary act and deed. <br />Witness my hand and notarial seal at.. Graad .taland,. Nebraska ...............in said county, the <br />date aformaid. <br />N <br />