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87105157
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87105157
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Last modified
10/19/2011 11:58:22 AM
Creation date
3/27/2008 2:46:08 PM
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DEEDS
Inst Number
87105157
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is <br />L <br />87-- 105157 <br />NWUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; RensWim, Lender shall give notice to Borrower prior to areele rrstios following Borrower's <br />brmeA 01`11111Y covenmt O In this Security Instrument (but not prior to acceleration tinder paragraphs 13 and 17 <br />natlose applicable kw provides otherwise). Tke Notice shall specify: (a) the default; (b) the action raluird to cure the <br />dolluulk (c) a itch, a* loss duet 30 days from the date the notice is given to Borrower, by which the default suit be cured; <br />and (d) that fotInre to ewe the default on or before the date speciMd In the node* may result IN acceleration of tie sum <br />seared by this Mon ity Itutiraaseat and sale of the Property. The notice mall further inform Borrower of the del to <br />cohmMe [titer aesotasdon and der night to brim a court action to assert the Nao•ealstnce of a default or any other <br />tlsfines ef Bssrower to seeders iom and ask. If the default IN Not cared on or before the dais pedAd lathe notice, Leader <br />of ift option may so* im sdiMO Payment In hid of apt atnmr secured by tbk Security Instrument without further <br />dsaad and MY Invoice 1110 Panel of sell and any other rwasdiea permitted by applicable law. Loodw shaill be entitled to <br />oaNsct 00 nPUM actrrad In ptraaing the reme" provided in tbk paragraph 19, bsciudiali, but not limited to, <br />reason" attorseys' fees and oasts of title evidence. <br />If the power of ask Is Invoked, Trustee shall record a notice of default in eack county in which my port of the <br />Property IN located and doll mall copies of such nodes In the mama prescribed by applicable kw to Borrower and to the <br />Odw I' 1 0 Ksaaibd by gplieabk kw. After the tine required by applie" kw, Trustee droll give pablk notice of <br />sele to the persona and In the manor prescribed by applicable law. Trustee, withmt demo i on Borrower, sball sell the <br />Property at Politic metlea to the highest bidder at the time and place and under the terms designated In tie notice of Note In <br />one or mom parcels and In my order Trustee determines. Trustee may postpone ask of all or any parcel of the Property by <br />pfelic MmumccAmM ere the doe and place of my previously abeduled ask. Leader or Its designee may purchase the <br />Property at my Lade. <br />Upon recelpt of payment of the price bid, Trustee sbaN deliver to the purchaser Trugta's deed conveying the <br />Property. The recitals In the Trustee's deed *ball be prim face evidence of the truth of the statements made therein. <br />Trustee sbsU apply the procmds of the ask In the following order: (a) to all ercpeusss of the sale, Including, but Not limited <br />to, Tree's fees as permitted by applicable kw and reason" attorneys' fns; (b) to all sum secured by this Security <br />leaftment•, and (c) my eras to the penon or persons legally entitled to it. <br />20. Lender IN Pomwiom. 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. Recoeveyeace. 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 «convey 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 thk Security lustrammt. 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 or this Security Instrument as if the rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)] <br />❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 24 Family Rider <br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider <br />❑ Other(s) [specifyl <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 />L —L Farms, A Ne raskraj Partnership <br />..(Seal) <br />*suers 1 art n6 <br />............. ... .............................................. I ......................... (Sal) <br />- -aonoww <br />MWA Mow inra Um For Atla.wMdormat) <br />STATE OF NEBRASKA, . ..AA4J ......................... County ss: <br />on this ...... ?nth day of ..August, , , , • , • • , 19..P7, before me, the <br />undersigned, a Notary Public duly commissioned and qualified for said county, <br />personally came ......... ............................... ........ ....... <br />.. pel; <br />AqpJ ,.E+3Ft,RgZ ............................... to me known to be the <br />identical personas► whose name(s) are subscribed to the foregoing instrument <br />and acknowledged the execut_i000 thereof to be . hl. §........ voluntary act and <br />teed. � <br />� <br />my hand and notarial seal at �:;�(;.` in <br />see' date aforesaid. <br />EA'�1- D . '. �i <br />AHLSCHWE a Notary Public •. <br />NOV 17. <br />
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