Laserfiche WebLink
LM <br />.. <br />103677 <br />NONUNIFORM COVENANTS Borrower and Lender further covenant and agree as foilows: <br />19. Acceleration; Remedies. lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any rovenaat or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />units "siWicable law provides otherwise). The notice shall specify: (a) the default; tb) the action required to cure the <br />defoult'(c) a date, not lets than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that fallure to cure 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 />reinstate after acceleration 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 sums secured by this Security Instrument without further <br />demand and may invoke the power of sale sad any other remedies permitted by applicable law, lender shall be entitled to <br />collect aQ 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 shall mail copies of such notice in the manner prescribed by applicable Is" 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 />sate to the persons and in the manner prescribed by applicable low. Trustee, without demand on Borrower, shall seli 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 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: to) 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) 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 refits, 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. Reconveyanee. 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 ail notes evidencing debt secured by this Security <br />Instrument to Trustee. Trustee shall rec:onvey the Property without warranty and without charge it, the person or persons <br />legally entitled to it Such person or persons ;hall 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 imtrument a recorded. <br />Without conveyance of the Property. the successor trustee shall wccetcl 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 he sent to Borrower's <br />address which is the Property Address. <br />24. Riders to this Security Instrument. If one or more riders are excnited by Rorrowci and recorded together with <br />this Security Instrument, the covenants and agrremcrts of cacti such rider shatl he rncnrporatcd mto and shall amend and <br />supplement the covenants and agreements of this Sc-canty histrurnew as if the ndcr(,i 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 Planned Unit Deycloprnent Rider <br />Oiher(s) (specify] <br />BY SloNtr.o; BLtow. Borrower accepts and agrees to the terms and ;nvcnants continned in thrs Security <br />Instrument and in any rider(s) executed by Borrower and reworded with it <br />14 WITNESS WHEREOF, Borrower has executed this Mortgage. ; <br />f Se_ tltretsn? <br />STATE OF NEBRASKA_ ... Hall . ..... . <br />County ss: <br />- BO((((I,(•, <br />Oft this... 271h .. . day of JiAne. ty 86.. lwforc Inc. the undersigned, it Notary Public <br />duly commissioned and qualified for said county, personally came Or. Steven L. Husen . <br />to Inc known to be the <br />identical person(s) wi.osc namels) are subscribed to the foregoing instrumunt and acknowledged the execution <br />thereof to be, big, . . . voluntary act and died <br />ess . <br />Witn m_y hand and nota.riat seal at Grand .lsldrid, Nebraska in said county. the <br />date aforesaid. <br />My f "omnnxsioo t xf»tetb KAt 101Asr Stm ut stiraslu <br />♦t�i. M. Q'a(NYLa <br />"2—; 0 C.� Yom. Y W� Not1 Y Pub1�[ <br />