|
It the power of sale is Invoked, Trustee shall record a notice of default in each county in which any part of the
<br />Property is located and shalt mail eopee of such notice In the manner prescribed by applicable law to Borrower and to the
<br />other persom proscribed by applicable law. After the time required by applicable law, Trustee shall give public nodoe of
<br />oak to the persons and In the manner proscribed by applicable law. Trustee, without demand on Borrower, shall mellow
<br />Property at public auction to the highest bidder atthe time and place and under the terms designed in the notice of sale in
<br />mam or mere parcels and In any other Trustee determines. Trustee may postpone We of all or any parcel of the Property
<br />by public announcement atthe time and place of any previously scheduled sale. Lender 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 Property.
<br />iThe recitals In the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall
<br />apply the proceeds of the We in the following order: (a) to all expenses of sale, including, but not limited to, Trustee's fees
<br />00 as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument-, mW (c)
<br />any excess to the person or persons legality entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by
<br />agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect
<br />the rentsof the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of
<br />the costa of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on
<br />receiver's bonds and reasonable attorneys' fees, and then to the sums secured by 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 reeonvey the Property without warranty and without charge to the person or persons legally
<br />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 to any
<br />Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without
<br />conveyanceof the Property, the successor trustee shalt succeed to all the title, power and duties conferred upon Trustee herein and
<br />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 notices of default and sale be sentto each person who is
<br />a party hereto at the address of such persons set forth herein.
<br />24. Riders to this Security Instrument. If one ormore riders are executed by Borrower and recorded together with this
<br />Security Instrument, thecovenants and agreements of each such rider shall be incorporated into and shall amend and supplement
<br />the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check
<br />applicable Adjustable Condominimum Rider D 2 -4 Family Rider
<br />0 Adjustable Rate Rider
<br />E3 Graduated Payment Rider 17 Planned Unit Development Rider
<br />0 Other(s) [specify]
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in
<br />any rider(s) executed by Borrower and recorded with it.
<br />............. �11_...... 1:.1 1111...... . 1111. (Seal)
<br />Jerry L. Williams — Borrower
<br />• • . c.a. .... ........ Seal)
<br />Marcia A. Williams — Borrower
<br />[Space Below This Line For Acknowledgment)
<br />STATE OF NEBRASKA , Hall ............... County ss:
<br />........................... ...............................
<br />On this .....23rd........... day of ... November ... , . , 19 ,U......... before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county. personally came .......................... .........................:1111.
<br />Jerry L. Williams and_ Ma rcia.A...Williams,, Husband, and, Wife,,,,,,,,,,,,,,,,,,, to me known to be the
<br />.4.111 ...............
<br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof
<br />to ...... , ... their , , . , _ ..... voluntary act and deed.
<br />Witness my hand and notarial seal at .... Omaha .................... ............................... in said county, the
<br />date aforesaid.
<br />fist ttB11R11.Stsle tf Iarsuts L GAMMON
<br />My Commission expires: hsla j�
<br />Notary Public
<br />REQUEST FOR RECONVEYANCE
<br />TTO TRUSTEE:
<br />The undersigned is the holder of the note or notes secured by this Deed of Trust. Said note or notes, together with all other
<br />L indebtedness secured by this Deed of Trust, have been paid in full. You are hereby directed to cancel said note or rotes and this
<br />Deed of Trust, which are delivered hereby, and to reconvey, without warranty, all the estate not held by you under this Deed of
<br />Trust to the person or persons legally entitled hereto.
<br />Date:
<br />
|