86102037 - Laserfiche WebLink

Browse

86-102037 NON•UNIFOaM COVENANTS. Borrower and Lender further covenant and agree as follows: 19. Aceekrslbr ■emsdks. Leader shag give Ootke to Borrower prior to acceleration following Borrower's breach of my covom*M or agreement In ibis Security lastrumeal (but not prior to acceleration under paragraphs 13 and 17 unless spplknbk law provides o4berw6e). The notice she specify: (a) the defook: (b) the action required to core the default: (c) ■ dote, sot lass Mint X days from the dsk ibe *elks in gives to Borrower, by which Ike default must be cured; and (d) that fttrues to care the *fmk as er'WON tie dek specified is The aotce may result In acceleration of the sons secured by this Seca ft ladssmsW and ask of the Property. The madee 96N further Inform Borrower of the tight to reinstate after asalsrmWrwill mr dilk to brims r court action to attsM the oosantlsleace of a defattit or any other defense of Borrower to seesIseadoa and Wk. If She' defanlf In not erred on or before tie date specified in the enter, Leader at Its opdom may retNie hmmwdbk, poyisW Is full of all seams secured by this Security Iaslnment without further demand and may invoke the'p"or of nk and any other reuhedks Permitted by apoeesbI, law. Loader shims be rattled to collect all expenses incurred is /rrsirg the renud{a provided In this parngroplt 19, (alluding, bat not easikd to, reasonable adorsey's fen mod costs of dde ems. N the power of oak is Invoked, Truster shoe record a under of default in each county In which my part of the Property Is loomed and shall mail copies of each notice in the manner prescribed by applicable law to Borrower end to The other persons prescribed by opplic" law. After the time required by applicable Is—, Trustee shall give pubkc notice of sale to tie ptnsoas and is The mmuw prescribed by appicicable law. Traske, without demand on Borrower, shall sell the Property at publk saetlaa to the higieal bidder at the time and place and under the terms designated in the notice of sale in one or more pslrcels and In say order Trustee deter miles. Trustee may postpone sale of as or any parcel of the Property by public aoowK*meot-at the time and place of any previously scheduled sale. Leader or Its designee may purchase the Property at my sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals In the Trustee's dad shall be prima face evidence of the truth of the statements made therein. Trustee shall apply the proeseds of the s e in the following order. (a) to all expenses of the sale, lmdudIng, but not limited to, Trustee's feu as perms ted by applicable law and reasonable attorney's tees: (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Leader Is Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney's fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests wat copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 24. Risen to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. (Check applicable box(es)] ❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 2-4 Family Rider ❑ Graduated Payment Rider ❑ Planned Unit Development Rider XXOther(s) [specify) VA Rider BY SIGNING BELOW Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with i . V61^"'""""--' (Seal) La ry E. Sanders n ! (Seao Linda K. Sanders Igo., Below tad, Lit F., A,k— Wg,. -,I _ STATE OF Nebraska _ COUNTY OF Hall I SS ), _ the undersigned a Notary Public in and for said county and state, do hereby certify that Larry F- Sanders and Linda 1C Sand�r� personally appeared before me and is (are) known or proved to me to be the personts) who, being informed of the contents of the foregoing instrument, have executed same, and acknowledged said instrument to be ._.LhB1L free and voluntary act and h�,, h„ ;he l deed and that .they. _ _ executed said instrument for the purposes and uses therein set forth. the, At, ,M,.. Witness my hand and official seal this 2.9,1:.11 _ ....._ __ ...... day of Agri I__ . _.._ _. _ 19 tun My Commission f xpires: t�l I—X Bit ua 14 hill. v .tart 1'u( +lit` ti, 1 a IV th,s st:6tr isvr�rn,+�u•. Ri rssalcii M.