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87102219
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Last modified
10/19/2011 5:15:13 AM
Creation date
3/27/2008 2:10:38 PM
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DEEDS
Inst Number
87102219
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87-- 10'0219 <br />NON - UNIFORM COVENANTS. Borrower and Lender further covenant a agree as follows: <br />19. Accallamimt; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any cove Pitt or agreement in this Security Instrument (but not promo acceleration under paragraphs 13 and <br />17 unless appltctilMlelow provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not leas than 30 days from the date the notice is given 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 />sectored 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 />odicr defennte of Borrower to acceleration and sale. If the "oil is not cured on or before the date specified in the notice, <br />Lender at its optioa may require immediate �tyment in full of all sums secured by this Security Instrument without <br />further demand and may invoke the power of �le and any other remedies permitted by a ble law. Lender shall be <br />emitted to collect all expenses incurred in pursuing the remedies provided in this par= 19, including, but not <br />limited to, reasonable attorneys' fees and costs of title evidence. <br />If the power of ask is invoked, Trustee shall record a notice of default in each county in which any parr of the <br />Property is locased 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 hi best bidderat the time and place and under the terms designa�ed in the notice of sale <br />to one or more parcels and in any order Trustee determines. Trustee may post no 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 Trustees 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, Trustees 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 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, rake possession of and manage the <br />Property and tocollect 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, but not limited to, <br />receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security <br />j Instrument. <br />f 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 <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. 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 rider(s) were a part of this Security <br />Instrument. Klock applicable box (es). j <br />• Adjustable Rate Rider ❑ Condominium Rider ❑ 2 -4 Family Rider <br />• Graduated Payment Rider ❑ Planned Unit Development Rader <br />OOther(s) I specify I <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 wi h it. <br />Pe ..........(Seal) <br />Le oy 0 ose— Borrower <br />.... ... Seal) <br />S I v i a A. Los— Borrower <br />(Spa" allow This Una Fm ^ckmw#"19m nil <br />STATE OF NEBRASKA, ......... Ha.LL ............................ (aunty ss: <br />On this .... 171h......... day of ..Apr.0 .......... 19 .87.., before me, the undersigned, a Notary Public <br />duty commissioned and qualified for said county, personally came ..LeRoy. 0_..Loseke. and . Sylvia. A.. Loseke. <br />........................... . .............. . ..... I.............................. .to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be <br />.... ....their ...................... voluntar�yy act and deed. <br />Witness my hand and notarial seat at ......ira0d. AS I ORd .. N.O SM ............ in said county, the date <br />aforesaid, <br />My 11� , <br />..... <br />k q9 cd No PUWic <br />
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