Laserfiche WebLink
t <br />In <br />6b— loose <br />tint:- U%JF0RMC0VE.%ANrs Borrower and Lender further co yenant and acreeasfollows: <br />19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise). The notice shall specify: (a) the default-, (b) the action required to cure the <br />defauh; (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 care 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 sale of the Property. The notice shall further inform Borrower of the right to <br />reiustme after acceleration and the right to bring a court action to assert the non - existence of a default or any 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 require immediate payment in full of all sums secured by this Security Instrument without 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 expenses incurred in pursuing the 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 sale is invoked. Trustee shall record a notice of default in each county in which any part of the <br />Property is 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 />sale to the persons and in the manner prescribed by applicable t±tw. 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. 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 <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 />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 />20. Lender in Possession. Upon acceleration under paragraph IU or abandonment of the Property. Lender kin <br />person, by agent or by judicially appointed receiver) shall he 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, receivers fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyanee. 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 warramy 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 taw. <br />23. Request for Notices. Borrower requests that copies of the notices of default and sale he sent to 1orrower's <br />address which is the Property Address. *COVTItiUFD 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 he incorporated ratio 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 __ Condominium Rider __ '_ -A Fanny Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />- Other(s) (specify) <br />BY SFGNI%(i BL14.)w. Borrower accepts and agrees to the terms and covenants contained ±n this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it <br />........(Seal) <br />Gary.-i. Morgan' <br />_.(Seal) <br />Debra' 36 Nbrgan - „ we, <br />(Space Behr This One For kckn ledemenlJ <br />*Borrower further requests that copies of the notice of default and not -ice of sale ',e <br />sent to each person .,ho is a party hereto at the address of such Person set forth <br />herein. <br />STATE OF NEBRASKA ..... ....__ . -.. ... __ .... Nall ... ........ _- ------- - -- - -- County ss: <br />On this _. _2Q1;q)_ ._.. -. (lay of _Febrmary._..._, 19..86_, before me, the undersigned, a Notary Public <br />duly commissioned and qualified for timid county, personally came <br />hxs;amd .and.. ly-ifN_.._ _.. _ _.. _ _ _ _ _ to me known to be the <br />identiL21 person(s) whose name(.,;) are subscribed to the foregoing instrument and acknowledged the execu- <br />tion thereof to he Uwir voluntary act and deed. <br />ca, i <br />N e W..,< _ c.,.,_ <br />Witness my tutnd and notarial seal at rra_ d- ?.9 l. me ?, ver) �Sl.Ci3_ in .ald couniv. the <br />r{aty afore aid. I <br />MY (�r)irtitllS SlUn E'xj)Ir(:S: <br />tot S. D. WW <br />i rb Gam iEa► Mil' �. » � <br />tii•1, „ t:.n t Iii r :i,:, <br />