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86100978
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Last modified
10/18/2011 7:30:18 AM
Creation date
3/31/2008 2:06:28 PM
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DEEDS
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86100978
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r <br />L <br />OU-- .L%JVU d v <br />NON—UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration: Remedies. Lender. shall Aire notice to Borrower prior to acceleration following Borrower's <br />breach of my coremmit or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 11 <br />miles& applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (e) a doss, not loss than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failime to cwt the default on or before the date specified in the notice may result in acceleration of the sums <br />seemtmd by i Security Iaeeat mad sale of the Property, The notice shall further inform Borrower of the right to <br />reiwNate after aeederatme and the Aght to bring a court action to assert the non-existence of a default or any other <br />defesse of Borrower to accderatian sad 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 fall of all sums secured by this Security Instrument without further <br />demand and nay 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 stall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other persona prescribed by applicable law. After time 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 sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled srle. Lender or its designee may purchase the <br />Property at any saw. <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 fade 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 pct m ;lied 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 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 />21. 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 are executed by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall he 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 />—I Adjustable Rate Rider Condominium Rider J 2-4 Family Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />Other(s) [specify] Acknowledgement <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained <br />in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />, <br />1 <br />: f......`. .. ..... . *. .... ... _.. <br />/ ,.... <br />Diane Patricia Bremseth <br />—Bouo e` <br />— gvrrpwer <br />- — tSpace Below this line For Acknowled`mentl <br />STATE OF Nebraska <br />} <br />SS: <br />COUNTY OF ...... Hall ............ J} <br />The ttireeoirg instnlm ow•iedacG ixfore rot tfiis.... 24th ..... da . . : y ... o . f ... Feb ruary ..... 1986 ..... ............ <br />. ...... <br />�,ET M. (date! <br />single <br />D §one a single person <br />by.............Aa <br />...........- ............................ <br />� _ (person(s) acknowledging) <br />t ; l:onAerksgtoff <br />> <br />. <br />Fly it <br />f OF lf£�� <br />(SEAL) <br />Novara PI:, „_ <br />
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