87105956 - Laserfiche WebLink

Browse

87- 10505C NoN•UNIFOItM COVENANTS. Borrower and Lender further covenant and agree as follows; 19, A.ccglerntio , Rm@dim Lender shall give notice to Barrowor prior to acceleration following BM"wtr's breech of any covenant or agroomat In this Security I (W 1W prior to o;ecoloration uatlar Poragreow 12 and 17 glees law providtat otherwise). The shall spoltlflft (a) 00 default; (b) rho action r to care the doWil (c) a date, not less tium 3fi days from the date the notice le given to Borrower, by which the default mist be eared; and (d) that hilttre to case the default on or before the date specified in the notice may result in lla of the seemed by this Security t aM sale of the Property. The notice shall What Inform Borvowe' of the right to relostale after sceolention mui the right to bring a court wit= to mead the aon-e of a default or any cow defense of Borrower to acceleration and sale. If the default is an cured on or before the deft IWIAW In the notice, L*odor at its option may require immediate payment in fell of all saw secured by this Security Instrument without further demand ad may invoke the power of ask and any other remedies pormittad by applicable law. Leader shall be entitled to collect all expenses Incurred in punning the remedies provided In this paragraph 19, Including, but awl tiatltoll to, reasonable attorneys' fem and costs of title evitkace. If the power of sale is invoked, Trust" shall record a notice of default in cub county In which say part of the Property Is kcatod and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons sad in the manner prescribed by applicable law. Trustee, without demand on Borrower, akoll all the Property at public auction to the kigbest bidder at the time sml place and under the terms designated In the notice of sale in one or mane parcels and In any order Trustee determines. Trustee may postpone Rate of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any ink. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the ask in the following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; said (c) any excess to the person or persons legally entitled to it. 20. Lender In Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent 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 first 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. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reeonvey 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 pay 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 applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. Borrower further requests that copies of the notice of default and notice of sale be sent to each person who is a party hereto at the address of such person set ;orth herein. 24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be 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 ❑ Condominium Rider ❑ 2-4 Family Rider ❑ Graduated Payment Rider ❑ Planned Unit Development Rider ❑ Other(s) [specify] BY SIGNING 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 .. ............ .........................(Seal) ........... . John Tasich t %' 1- i (seal) Lynette M. Tasich STATE, or Nssxest A.......... Hall ..................County as: On this ............7th day of . ._.October 10L., before me, the undersigned, a Notary Public duly commissiocted and qualified for said county, Personally came ..................................... ............................... John Tasich and Lynette M. Tasich, husband arid.. wife . . .., .......................... to me known to be the .......................................................................................... ida .. tical person . s . .. . ) who . . . . se name . .. . . . . . (a) are subscribed to the foregoing . .instrument and acknowledged the execu- tion thereof to be ................. ................................ heir.. ............................... voluntary act and deed. Grand Island „ in said county, Witness my hand and notarial seal at ................................... ............................... y, date aforesaid. My Commission expir T;l �1INY f essa�10 Notary racuc We are an Employment Opportunity /Affirmative Action Employer M /F. lstKKe eebw rho Line ran Ackno Wgmentl h . _. -i