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86104698
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86104698
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Last modified
10/18/2011 4:13:16 PM
Creation date
3/31/2008 3:00:43 PM
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DEEDS
Inst Number
86104698
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'fit \- U\1F0RUC0 VT -%ANTS Borrower and Lender further covenant and agree as follows: 86— 104698 <br />19. Acceleration: Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement in this Security instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise). The notice shall specify: (a) the default, ib) the action required to cure the <br />default; (e) 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 failure 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 in fall of all sums secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender 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' 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 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 manna 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 err 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. Leader or its designee may per the <br />'Property at any sale. <br />Upon receipt of payment of the price bid. Trustee shaft denser to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima fade evidence of the truth of the statements made therein. <br />Trustee d" 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 />Iumtrament; and tc) any excess to the perstm or pamm kgnfly entitded to it. <br />20. Leader in Possession. Upon acceleration under paragraph 79 or abandonment of the Property; Lender (in <br />person, by agent or by- judicially appointed receiver) shall be entitled to enter upon. take possession ofand.mamage 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 cis of unaaaganati a ilte Property and rolleetian of rents including but not <br />'limited to, receivers fees, premiums om receivers bands and reasonnable attorneys fees and then ici the sums secured by <br />this Security Instrument. <br />2L Reconveyance. Upon payment ,of ail sums secured by this Security Instrument, Lender shall request Trustee to <br />reccmvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security <br />Instrument to Trustee. Truster shall reconury 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 tts cgaticni, may from bare to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an Aistrumctt recorded in the omruty In which ibis Security Instrument.is recorded. <br />Without conveyance of the Property, the sucaessor'trustee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />23. Request for Notices. Borrowed requests that codes of the notices of default and sale be sent to Batrower 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.amdshall amead'and <br />stmt the covenants and agreements of this Security Instrument as if the'rider(s) were a,gan of this Security <br />Instrument. jCheck applicable box(es)] ' <br />E] Adjustable Rate Rider Condominium hider 2-4 Farruh. Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />i= Other(s) [specify] <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in' this Security <br />lnstrument and in any rider(s) executed by Borrower and recorded with it. <br />IN WrTNESS WHEREOF, Borrower has executed this Mortgage_ <br />(Lila C. Holloway) <br />' - +a'JTlOIMK <br />STATE OF'rE9RASxA.....Na)I........... ,.,..,,. .................County ss, <br />On this. ,t,5th.. , . _ ......day of— August. 19. $6:, before toe, the undersigned, a Notary Public <br />duby_cnrmmresioned and qualified for said county, personally came. Lila _C... - Holloway _ . _ . . .. .... . . . . . <br />..- .. ; ..: to known tat tit: the <br />idtoticai person(s) whose namets) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be hex ..voluntary act and deed. <br />Witness my hand and notarial seal at..CrAlid. Wand, Nebraska.......... . ....in said county. the <br />date aforesa)d <br />My Commis +'m expirts: <br />l�Ml Rlt1AY3t1M ri Mdi +stay r+onr*iF vvda�c <br />lout lei 44 a IN <br />
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