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86100751
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Last modified
10/18/2011 6:58:58 AM
Creation date
3/31/2008 2:03:39 PM
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DEEDS
Inst Number
86100751
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r <br />86--- 100751 <br />NON - UNIFORM ConkNA`n. Borrower and Lender further covenant and agree as follows: <br />19. Aceeleratiaa: Remedies. tender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of amy covenant or agreement in this Security Instrument (bat rat prior to accekration under paragraphs 13 and 17 <br />wlas applicable law provides otherwise). The notice shall specify: tee) the dellwit: lb) the action required to cure the <br />default (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured: <br />and (d) that failure to ewe the default on or before the date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sak of the Prop". The notice shall further inform Borrower of the right to <br />reinstate after aceellratiom and the right to bring a court action to assert the non - existence of a default or e y other <br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its option may r- :ire immediate payment in full of all suns secured by this Security Instrument without further <br />demand and nay invoke the power of seek and any other remedies permitted by applicable law, Leader shall be entitled to <br />coNect an expepes iucrrted in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attormeys' fees and costs of tick evidence. <br />If the power of sale is invoked, Trustee sball record a notice of default in each county in which any part of the <br />Property is located amd skald 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 />sale 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 We of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lenoer 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 dad 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 ail expenses of the sale, including, but not limited <br />to, 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 />29. Leander 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 he sent to Borrower's <br />address which is the Property Address. *CONTINUED BELOW <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 />Adjustable Rate Rider J 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 agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with h. <br />r�'... .�.... ... :.... *� .'fir f t'?� ................... (Seal) <br />Ricky7L. Papine�u -- aorrowe, <br />//� f . ....... , /- ..�u!. Nc t .....(Seal) <br />Vicki C. Papineau — Borrower <br />[Space Below This Line For Ackr ledtmentl <br />*Borrower further requests that copies of the notice of default and notice of sale be <br />sent to each person who is a party hereto at the address of such person set forth <br />herein. <br />STArs of NEBRMKA ......... ......Hall -. -__- ...County ss: <br />On this 14th day of February , 1.9$ §.._, before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said ..... county, personally came ..... ...... .............. <br />l;jiy.j,,•_P$yneau -mad Vicki C. Paptneau, husband and wife, to me known to be the <br />_ ......... .. .. ... ......... ..._ <br />identical persons) whose name (a) are subscribed to the foregoing instrument and acknowledged the execu- <br />tion thereof to be ...... Sfi fir ................................ ........ •................................ .. voluntary act and deed. <br />Witness my hand and notarial seal at .... _..Grand._Isl, and,_ •.Nebrapjca .................... is said count },the <br />date aforesaid. <br />My Commi�i ` <br />"auto earsw -seeee f lace ae r . r r <br />or Won Ew me V. 3M R -4. tali:. <br />W °r art- an F(lual Employs int Fn. pio} e r M /F. <br />
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