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87106357
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Last modified
10/19/2011 2:28:47 PM
Creation date
3/27/2008 3:04:16 PM
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DEEDS
Inst Number
87106357
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11 <br />I <br />-106-357 <br />NON=UNIFORM COVENANTS, Borrower and Lender further covenant and agree as follows; 87 <br />19. AccoWnUm, Remog". Load" shall give manse to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement In this Security Instrument (but *0 prior to acceleration under paragraphs 13 spot 17 <br />makes applicable low provides otherwise). The notice WWI specify: (a) the default; (b) the action r"alrail to cure the <br />ddmk (9) a d** IM IM Ow 30 days from the data the notice Is given to Borrower, by which the default must be cured; <br />east M that failure to con the default on or Were the date specified In the notice may result In amleration of the sums <br />secured by this Security Instrument and oak of the Property. The notice shall further Inform Borrower of the right to <br />relostate MIW acceleration and On right to bring a court action to assert the mm-existence of a default or any other <br />defesse of Borrower to acceleration and suille. 11 the default Is not cured an or before the date specified in the notice, Leader <br />at 10 option way retiolire hamediste payment in full of all am secured by this Security Instrument witboot further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to <br />collect all expansion incurred In paroutut; the rame" provided In this paragraph 19, Including, but not limited to, <br />roosonable altoracys' fees and costs of title evidence. <br />If the power of sale Is invoked, Trustee abet) record a notice of default in each county In which any part of the <br />Property Is located OW shall mail copies of each notice In the manner prescribed by applicable law to Borrower and to the <br />other permits prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />oak 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 highest bidder at the time and place and under the terms designated in the notice of sale In <br />one or more parcells and In any order Trudee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public semouncement at the that and place of any previously scheduled sale. Leader 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 Trustee's deed conveying the <br />Prop". The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee ftH apply the proceeds of the sale In the following order: (a) to all expenses of the salt, including, but not limited <br />to, Trustee's fees as permitted by siliplicable low and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Lastrament-, and (c) any excess to the person or persons legally entitled to it. <br />20. Leader 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 address <br />which is the Property Address. Borrower further requests that copies of the notice of default and notice of 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. (Check applicable box(es)) <br />F-1 Adjustable Rate Rider Condominium Rider 2-4 Family Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />❑ Other(s) [specify] <br />BY SIGNING BELOW, Borrower accepts and vigrecs to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />------- .... I_44MAWL. ........... .........................(Seal) <br />obbins Vernon D. Robbins Bermwer <br />_...(Seal) <br />—Borrower <br />STATz or NzBL4sr.A ................. H-a.1.1 ........ ........ I ..................................... courity W: <br />On this ......2§O ............. day of October ........... before me, the undersigned, a Notary Public <br />duly commisdoned and qualified for said county, personally came .................................................................... <br />Vernon ... D.....Aobbi.n.a ... and ... Kay. ... ... MLxlft . . .......................... to me known to be the <br />......... .. . ........ . . .... . ...... <br />identical, persim(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execu- <br />tion thereof to be .... thetr ............................................................................. voluntary act and deed. <br />Witnew my hand and notarial seal at ....................... Grand Island <br />date aforesaid. ......................... ............................... in PAd county, the <br />Mv d 168M <br />My Commission <br />We are an Equal Employment Opportunity/Affirmative Action Employer M/F. <br />ftao 881aw This Lori* For fthorowledgir.11 _ — ------ — ------ <br />
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