|
r
<br />86--a 103191
<br />NON - UNIFORM COVENANTS. Borrower end Lender f urther covenant and agree as follows:
<br />14. Acceleration; katedkn. Leader abail give notice to Borrower prior to acceleration following Borrower's
<br />Of my covenantor
<br />tatleal Y Agreement in tlds Seaarity Iskranmamt (bat not prior to acceleration under paragraphs 13 and 17
<br />applicable law provides otherwise)- The notices" specify: (a) the default; (b) the action required to cure the
<br />rr++ d9f8ift (e) s date, not kin than 30 days from the date the notice is given to Borrower, by which the default must be cared;
<br />y
<br />And (d) it"fsUmv to came the default on or before the date specified in the notice may remit in acceleration of the sums
<br />secured by thin Secarih Instrument and ask of the Property- The notice shall further inform Borrower of the right to
<br />re mtM after Acceleration and the right to bring a coact aMioa to assert the non - existence of a default or any other
<br />dde+ase o[ Borrower to acceknf3oa and sale. If the def al is not cured on or before the date specified in the notice, Lender
<br />At its 'optlao' nmy re9rire immediate payment in full of AN sums secured by this Security: Instrument without further
<br />demand sat may invoke the power of ask Anil any other remedies permitted by applicable law. Lender shat) be entitled to
<br />collect aid Peunei incurred In pursuing the remedies provided is this paragraph 19, ineluding, but not limited to,
<br />reasonable attorneys' fees sad coats 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 tneil 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 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 orsale 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 piece 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 19 or abandonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver) shalt 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 />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 ❑ 2-4 Family Rider
<br />❑ Graduated Payment Rider C Planned Unit Development Rider
<br />�t ] Other(s) [specify] Acknowledgement
<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 />..................... ............................... o��
<br />1 ...... ............................... (Seal)
<br />Michael L. Wieck —Borrower
<br />......... ............................... ,t�r�. kin, ......... C%..
<br />Roswitha P. Wieck "" (sue)
<br />— Borrower
<br />STATE OF NEBRASKA, Hall County ss:
<br />On this 11th day of June .19 86, before me, the undersigned, a Notary Public
<br />duly commissioned and qualified for said county, personally came Michael L. Wieck and Roswitha P.
<br />Wieck, husband and wife
<br />identical person( who to me known to be the
<br />O are subscribed to the foregoing instrument and acknowledged the execution
<br />thereof to be th FRET 4ko ry act and deed.
<br />Witness my t Grand Island
<br />in said count
<br />date aforesaid. y, the
<br />NOTARY Z %
<br />My Commission pi es COMMI
<br />QUEST FOR RECONS EYANCE Nolan Public
<br />I��s�
<br />TO TRUSTEE:
<br />The undersigned is the holder of the note or notes secured by this Decd of Trust. Said note• or note., 1, el) lei
<br />with all other indebtedness secured by this D of Trust, have been paid in f tall. You ;arc herrh> dirrrtcd anrcl +;nd
<br />note of notes and This Decd of'Tru;t, whic,. dre delivered hereby, and to reromry, ,.ithuut �sairanr�, ,ill rhr c�i;ur
<br />now held by you under this Deed of Trust to the lserson or po"
<br />orls lcgalk rntiticrl thcieto
<br />Date:
<br />r
<br />1
<br />
|