87104789 - Laserfiche WebLink

Browse

1 87_ 104788 if the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and Mall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other` person prescribed by applicable low. After the time mired by applicable law, Trustee shall give public notice of sale to the person and in the ribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at potbikeaction to the highest bidderat the time aad piece and under the terms designated in the notice of sale in am or mere pareek and In any order Trustee determines. Trustee may postpone sate of all or any parcel of the Property by public amusimeemeal: at the done and ice of any previously scheduled sale. Lender of its designee may purchase the at any sale. Ups receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Proparly. The recitals In the T 's deed sball be prima facie evidence of the truth of the statements made therein. Tnufte shaill apply On precook of the side in the order: (a) to aH expemses of the ask, including, but not limited to. T 's fies as permMW by applicable low and reasonable attorneys' fees; (b) to all sums secured by this Security 1 and (c) any excess to the person or persons legally catkied to it. 21L Leader in Posmandow Upton acc-clerstion udder paragraph 19 or abandonment of the Property, Lender (in by apleat or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied firm to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Recotveyake. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to recd vey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pray any recordation costs. 22" Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by aWieable law. 23. Request for Notim. Borrower requests that copies of the notices of default and sale be sent to Borrower's ad- dress which is the Property Address. "Borrower further requests that copies of the notices of default and sale be person set forth herein." 24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with s this Security Instrument, the covenants and agreements of each such rider shall he incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)) Adjustable Rate Rider 1 Condominium Rider 2-4 Family Rider Graduated Payment Rider Planned Unit Development Rider other(s) [specify} BY SIGKIM, BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. ("Cal ) 9 (Seal) Y. 0 Vim L — awrower Seal) (SCSI) BaRO wsr - ewrower ACKNOWLEDGMENT t? W'e, M % !Rill and Cam! L V= ( "Trustor "), under that certain Deed of Trust dated hqwt 2 * 11 u , ( "Deed of Trust ") to be entered into amount Trustor, ( "Trustee ") and MOM MWAF, ills PA lilt V, IW, NE 6MIE 1 "iletef€ciary ") covering the following described property: LEGAL DESCRIPTION: gn FrWA pW hereby ackowledge that it is understood that (a) the Deed of Trust to he executed by Trustor is a trust deed and not a mor- t and (b) the power of We provided for in the Deed of Trust provides substantially different rights and obligations to the Trustor then a mortgage in the esent of a default of breach of obligation. Trustor Acknowledges that this Acknowledgment was made prior to the execution of the Deed of Trust. Executed and delivered this 12 lo day of Atop t 19 p Tru`¢ `it / r -- -- - - -- - Trustor Staft of Nobraskis ) t oatsty of BS12 ) The fofetaintli instrument was acknowlcdped before rite this 12th day of, Aiagust .1987 . by Kurt W. Spiehe and Ciridy S. SPiehs Witrwm my hand and notariat seal at GrWW IalM4 m said C'oumt , the date aforesaid in wy �„€otaratiR, rvpires: ) '9+tst:try taf�iet