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86101398
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Last modified
10/18/2011 8:30:06 AM
Creation date
3/31/2008 2:11:47 PM
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DEEDS
Inst Number
86101398
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1 <br />-� 101398 <br />NON- UvlFORMCOyE \A \`TS Borrower and Lenacrt';:,- then :���erartan4 agree asfollows: <br />19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following lkwrower's <br />breach of any covenant or agreement in this Secant) Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />waless applicable law provides otherwise). The notice shall specify; (a) the default; tb) the action required to cure the <br />defawlt; (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 Where 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 />remstate after accelersti o 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 is full of all suers secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Leader 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' files 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 persom 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 sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously schedased 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- Leader in Possession. Upon acceleration under paragraph 10 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 ruts 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 ore receiver's bonds and reasonable attorneys' fees, and i ;c:t 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 Propem without warranty and without : harze 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, ecorded. <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. *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 shalt amend and <br />supplement the covenants and agreements of this Security Instrument as if the nder(s) were a part of this Security <br />Instrument. [Check applicable box(es)] <br />Adjustable Rate Rider _ Condominium Rider _ 2—t Family Rider <br />Graduated Payment Rider V Planned Unit Development Rider <br />Other(s) [specify] <br />BY SmNm!(--j BELOW, Borrower accepts and agrees to the terms and . ovenants contained in iliis Securti_v <br />Instrument and in any riders) executed by Borrower and recorded A it ii <br />Ga3fiyZ $u7tt <br />f, = <br />7)onna J. $u' ' <br />3 <br />_f Sea)) <br />r C <br />- ISPace Below The Lme for Acknowledgment) — -- _ -- --- <br />*Borrower further requests that copies of the notice of default and notice of sale be <br />sent: to each person who is a ;.arty hereto at the address of such person set forth <br />herein. <br />STATE OF ;\EBRASKA...... -- -- ---- °- ---- ........................ ..County Ss: <br />On this --- 17th- -- -- day of .-----March 8b.. <br />--- .- . -..., 19. , . before me, the undersigned, a Notary Public <br />duly commissioned and qualifiers for said Monty, personally came -- ---- --- - - - - -- .. .... _.-_.._.-_.-__ ...............•------- <br />Gary - -:. Burt and Donna J. Burt, husband and wife, <br />- --- -.- - -- - -- - - --- - - - - -- ...... _ _ , to me known to lie the <br />identical person(s) whose names) are subscribed to the foregoing instrament and acknowledged the execu- <br />tion thettuf to be their voluntary act and deed. <br />i <br />Witncii�s my Band and notarial seal at <br />g f in -.aid count•:, the <br />ate aoresaid. <br />NIy ")lrua .i +,n cxg,in <br />ttlaf•atouirr•ttkrltt�Rr _ F <br />n7 ;;e+�isc tea wl' If, � <br />i4. &twart s .- 1 1; <br />
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