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86101807
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Last modified
10/18/2011 9:19:11 AM
Creation date
3/31/2008 2:17:03 PM
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DEEDS
Inst Number
86101807
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L <br />86-- 101807 <br />NON- UNIFOIt M COVENANTS. Borrower and Lender further covenant and agree as follows! <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />irsath of any amveuaut er sgremueat In this Security Instrument (but not prior to aeceletstiou under paragraphs 13 and 17 <br />sidess appNeable law ). The notice shall specify: (a) the default; (b) the action required to cure the <br />defadt; (e) a date, not less thuntd*P"from tie date the notice ls given to Borrower, by which tfse default must be cared; <br />and (d) that failure to once the default on or before the date specified in the notice may result in acceleration of the sums <br />seamy I by dais Security Instrument and oak of the Property. The notice shall further inform Borrower of the night to <br />reitMste ttdter acceleration and the right to bring a court action to assert the nom - existence of a default or any other <br />defuses of Burrower to seederation and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at its option nay require Immediate payment in full of all suns 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 />called all expenses incurred in pursuing the remedies provided in this paragraph 19, including. but not limited to, <br />reasonable attorneys• fees and costa of title evidence. <br />If the power of ask 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 taw 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 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 my 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 shag apply the proceeds of the safe 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; M 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 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. Recoeveyance. 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 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 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 Condominium Rider u 2-4 Family Rider <br />i� Graduated Payment Rider u 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 it. <br />lfi..... J... C-... ^. G . <br />C <br />RODNEY T. GARTNER -' 8onmwi <br />.................... ............................... .............. (Seal) <br />— awmWer <br />(Space aeWw TM► lme For Rckmwtedame,rt) <br />STATE OF NEBRASKA . .............. Mt_L................ County ss: <br />Corn this ....14th... :3} of APRtt 19..M, hefor,_ utter the <br />undersigned, a Notary Public dulyr cournissioned and (rialified for said county, <br />personally came .. ,RODNEY T. GARTNERJ A SINGLE. PERSON <br />.................. ............................... . to me known to b the <br />identical c>ersonis) whose nartre(s) are suWscrilx�d to the foreaoma instrtunent <br />and ackn(miedi-red the ex"-ution therf_,of to be ....his...... yoluntarry act and <br />C de(-o . <br />Wi t rw,ss iry hand and .cat tr a i —1 1' MhL- I9W4 ................... in <br />sa:9 <br />U'% A. .7... ) ?.. k .tc::�.}........... <br />DON�� M t <br />1�! <br />-I <br />
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