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87102357
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Last modified
10/19/2011 5:32:21 AM
Creation date
3/27/2008 2:12:04 PM
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DEEDS
Inst Number
87102357
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87-- 102357 <br />NON.UN►FORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19, Accehrstion; Remedies. Leader shall give nadec to Borrower prior to acceleration following Borrower's <br />breach of any covewsat or to reemeat in this Security Instrument (but not <br />unless applicable law pro►kler otherwise), The notice shall prior to acceleration under paragraphs 13 and 17 <br />dstanit; (e) a date' am left than 30 days from the date the ""CC III to the Borrower, by)which the efa�ultrmust be cured; <br />j' and (d) that failure to cure the default on or before the date spsdW in the notice may result in acceleration of the sums <br />(( secursd by this Security Ind="" nt and ale of the Property, The notice shall further inform Borrower of the right to <br />rtdsptte atoee wecelsrtttioa and the right to bring a court action to assort the non - existence of a default or any other <br />defense of Borrower to uceleratka and "Is. If the default is not cured on or before the date speclt)ed notice, Lender <br />In the <br />at its option may require immediate payment in full of all sums secured by this Security Instrument without further <br />dammed collect O zany invoke the power of sak and any other remedies permitted by applicable law. Lender shall be entitled to <br />Pewees incurred In pursuing the remedies provided in tits paragraph 19, including, but not limited to, <br />reassnsbk attorneys' (on and costs of title evidence. <br />If the power of ask Is Invoked, Trustee ,hall record s notice of default in each county in which any part of the <br />�Property is located and shall mail copies of each notice in the manner prescribed by applicable law to Borrower and to the <br />r P� PreaMbed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />Pins am in the mmmter prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bider at the time and place and under the terms designated in the notice of sale in <br />oo' or more Parcels and to eny order Trustee determines. Trustee may Postpone sale of all or any parcel of the Property by <br />PaNk aanonneement 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 shell 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 />Tomes shall apply the proceeds of the ask In the following order. (a) to all expenses of the sale, 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 />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, 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 />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. <br />24. Riders to ibis 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 L, Condominium Rider <br />E] 2 4 Family Rider <br />Graduated Payment Rider <br />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 />.......................!1! . ty%... <br />+�" q •.....(Seal) <br />FRANK L. NICKEL JR. J' ' -- Ik«a.e. <br />...... ce '.'. <br />............... . .............................. (sea[) <br />CYNTHIA K. NICKEL -aorovm <br />IsP+ce aebw This Um Fw Ackr4wlsdVrAMI <br />STATE, OF NEBRASKA, ........HALL..... <br />................ County ss: <br />On this A7-151 . , ... day of .. PPO-l....... 87 <br />undersigned, •••••� 19••• before me, the <br />fined a Notary Public duly commissioned and qualified for said county, <br />personally camF!�NK..L. NICKEL JR. and CYNTHIA K. NICKELS HUSBAND ANI1 MIFE <br />i.dentica) person (s) whose name(s) to rie known to be the <br />and acknowledged the execution (thereof ctosbei� to the foregoing instrument <br />deed. their .......... voluntary act and <br />Witness my hand and notarial seal at GRAND ISLAND <br />said county, the date aforesaid. in <br />f ............. <br />Ry'Affmisstvn f ?rp:rES: Notary �il ]� <br />. <br />M •i11r M thtratis <br />bft <br />iftox A L t0 <br />
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