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86100859
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Last modified
10/18/2011 7:13:05 AM
Creation date
3/31/2008 2:04:58 PM
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DEEDS
Inst Number
86100859
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I <br />In <br />j %0 %F-- <br />NoN.L'NtsotLM CovetuArr-M. Borrower and Leader further covenant and agree as follows: <br />It Acceleration; Remedis. Leader sill give notice to Borrower prier to acceleration following Borrower's <br />I c" of any eon or agreement in this Security Instrument (but met prior to acceleration under paragraphs 13 and 17 <br />adore oppBeable law praviims stberwlee). The notice shall spedh: W the ddaak; (b) the action required to core the <br />defaalp (e) a dste, not Ins tba 3g lays fees the dste the sotiee k given to Berrewes by wblch the default asst be cured; <br />and (d) that Idiom to cane the ioI — an or bullet a the date spediled is the notice nay rmk in soodawtion of the sumrs <br />seeara , by this Sam by Instrument and sale of the Property. The nseke shall farther hafera Burrower of the right to <br />reinstate alter acceleration and the rigs to bring a caret action to alert the son-aies s of a default or any other <br />defense of aerrowet oe acceleration and sale. If tie default is sop P I os er before the"opeci&W is the notice, Leader <br />at Its optima say require lmowdkft payment In fall of all snau seeare I by this Secoo ty lemb cement without further <br />desamd mad nay inoke the power efnk ad soy other nadies permkted by sppNcabk bow. Leader stall be eatitled to <br />coOM aN e:pp isearred i• parsain the reatelior provided is this per Lee 01 119, isclsdimg, but not limited to, <br />renonable anwwys' fms and cow of dtk evkkoce <br />If the power of sale Is invoked, Trustee shall record a notice of default is each toauty is which nay part of the <br />Property is kested and shall stall copies of such notice is the snaaKr pr'escribd by applicable law to Borrower and to the <br />other persons p seribo 2 by applicable law. After the time required by applicable kw, Trawe shell give public notice of <br />sale to the persons and is the laser prescribed by applierile law. Trustee, without demand on Borrower, shall sell the <br />Property st pdAic auction to the bigbest ►Idder at the time mad place and under the taros iei0nted is the notice of sale in <br />one or eon parcels and In ay at Trastee determines. Trustee say postpone sale of all or nay pared of the Property by <br />public menometamot at the tine and place of any previously scheduled sale. Leader or its designee may purchase the <br />Property at sty sale. <br />Upon teeefp of payment of the price bid, Trustee *ball ddirtr to the purchaser Trustee's deed conveying the <br />Property. The recitals is the Trumeee'o dead shall be prima facie evidence of the truth of the statements made therein. <br />Trustee sbdi a*y the proceeds of the sale i• the following ee der (a) to all eapeases of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable kw sod reasonable attorneys' fees; (b) to all seas secured by this Security <br />Isstrumat; 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 trots 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 :.y <br />this Security Instrument. <br />21. Reconveysace. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />recotvey 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 <br />address which is the Property Address. <br />24. Riders to this Security Instrument. If one or more riders arc 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 />L' Adjustable state Rider ❑ Condominium Rider ❑ 2-4 Family Rider <br />Graduated Payment Rider ❑ Planned Unit Development Rider <br />Other(s) [specify] <br />111, 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 *qth it. <br />....:.....:a , z ..: �...._.' ...................................... ...(Sca1) <br />David C. Johnsor. <br />r ortayne D. Johnson - ew.oer <br />(swe smew Tile thew For AeiewrWWdV wnn( <br />STATE OF NEBRASKA, ... Hct17 .......................... County ss: <br />Cn this ...?1st.... day of ..,February........, 19.43b., before me, the <br />undersigned, a Notary ?ubiic duly commissioned and qualified for said o��,,rt�ter, <br />personal y cane . David. C.. JDhnW.TL acid. j prr"p , p., Johnson,. Husband and vdxte. <br />..................... ............................... to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrurprt . <br />and ackrcxe:ledged the executicn thereof to be .. their...... voluntary act and <br />i.t,n ss -*my hand and notarial :teal at ............... In <br />X maat Whey -our. zim DOWt1ES K w tram. � so <br />ti <br />
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