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87106481
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Last modified
10/19/2011 2:40:06 PM
Creation date
3/27/2008 3:06:02 PM
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DEEDS
Inst Number
87106481
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% 1064$1. <br />NoN- UNIPOKM COVENANTS. Borrower and lender further covenant and agree as follows: <br />19. . Lender Shall give notice to Borrower prior to acceleration following Borrower's <br />broach of any covventat or agreement in this Security 100#ment (but not prior to acceleration under paragraphs 13 and 17 <br />unless ispipkabIt !an, provides othlorwise). The notice Shall sputielfY. (a) the default; (b) the action required to cure the <br />default. (c) s tie, am INS than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) lbst fallurt to can the default an or before the data specified in the notice may result In acceleration of the sutras <br />by this Security IjagnmeNt and Sold of the Property. The notice shall further Inform Borrower of the r' t to <br />reinstate after acceleration and the right to bring it court action to assart the non-existence of a default or any other <br />dolloose of Nomwer to acceleration mull isle. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may require ha hate payment in full of all sums secured by this Security Instrument without further <br />dmmW and may Invoke the power of sole and any other remedies permitted by applicable law. Lender shall be entitled to <br />NuM all expenses incurred in pursuing die remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sate is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property ;S located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sole 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 parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time 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 />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited <br />lo, 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 Iy 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 e. rdcncang debt secured by this Secur:ty <br />Instrument to Trustee. Trustee shall •reconvey the Property without warranty and without charge to the person or parsons <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 Truster and appoint a successor t rustee <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 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(%) were a part of this Security <br />Instrument. [Check applicable box(es)] <br />Adjustable Rate Rider Condominium Rider Z 4 Family Rider <br />17 Graduated Payment Rider Planned Unit Development Rider <br />Xi Other(s) [specify] ACKNOWLEDGEMENT OF POWER OF SALE DTD 10/29187 <br />BY SIGNING BELOW. Borrower accepts and agrees tot terms and covenants contained n is Security <br />Instrument and in any rider(s) executed by Borrower and recorde it <br />.. <br />8c,,0.e, ....... <br />_s,,.owwe, <br />[Space Belot, This Line For Acknowledgnwntl <br />NEBRASKA <br />STATE OF <br />. ............................... <br />HALL <br />.................... ) SS- <br />The forcitaing Instrument was acknowledged before me this .... OCTOUR..29,..19.87 ... . ............................ <br />by r, �q g,,�)C •,p SYLVL4 GAY COLFACK, HUSBAND AND WTFAQ"RS JOINT TENANTS WITH RIGHT <br />(i VbR3'B ls, )huff 14M -KS' NTS ................................................. <br />s sc ntaw Bing) <br />my i ' expires; •*4- / `r 1 f % % G <br />Notary Public <br />it io,tturn€ll war plicpittm by ..../t%c.' """.s:.. '?•. �i �X. R4.5f,' P,.�!'f..R <i rd6,.7.r.:e;i. Air' .. <br />
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