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86104797
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Last modified
10/18/2011 4:35:14 PM
Creation date
3/31/2008 3:02:07 PM
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DEEDS
Inst Number
86104797
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86--- 104797 <br />N(.-),.t's:it- cite!vtCanFNA'.Ts Borrower and Lenderfurt her covenant and agree asFollows <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; (b) the action required to cure the <br />default; (e) a dace, 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 Eton- existence of a default or any afber <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 full 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 preacrtiwd 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 taw. Trustee, without demand on Borrower, shall seff 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 deteruairus, Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously sebeduled sale. Lender or its designee may purchase the . <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall diver to the puuchaiser 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 MR& therein. <br />Trustee shall apply the proceeds of the sale in the following ceder, (a) to all expenses of the sale, incl idiag but aot limited <br />to,_Trustee's fees as permitted by applicable law a" reasonable attorneys' fees: ()t) 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 he entitled to enter -upon. take possession of and manage the <br />Property and to collect the rents of the Property including those oast due. Any rents colleted 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, rrccivei S fees. premiums on receiver's" bonds and reasonable attorneys' fees, and then to the suers secured by <br />this Security Instrument_ <br />21. Reconveyance. Upon payrnent of all sums secured by this Security Instrument, Lender shall request Trustee to <br />retxmvey the Property and shall surrender this Soeuniy Instrument and ail notes eyiderttittg debt secured by this 5eeunty <br />Instrument to Trustee. Trustee shall reconyey 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 cross : <br />22. Substitute Truster: Lender, at its option, may ftoin time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument accorded in the county r in *h7wb this Security Instrument is recorded. <br />Without conveyance of the Property, the succor trustee shall succeed to all the title, power and duties conferred uptnn . <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 inst rument, 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 riders) Were a part of this Security <br />Instrument. [Check applicable' x(es)] <br />Adjustable Rate Rider ('cndnnumunt Rider .4 Family Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />Otheris) [specify) <br />By SlrtiltiG BEtow Borrower accepts and agrees to the .terms and covenants contained in this Security.. <br />Instrument and to any rider(s) executed by Borrower and recorded with it, <br />IN WITNESS WHEREOF, Borrower has executed this Mortgage. <br />(Donald L. Robertson) <br />(Connie L. Robertson) <br />STATE OF NEBRASKA, ....fh$)( ......... .... . ... . .. . . . . . . . . . . .:. County its, <br />On this. - IM ...... day of...A1.91,[St.... - 19. $h., before roe, the undersigned, a Notary Per <br />duly commissioned and qualified for said county, personally came. D.Qnald, 4...Ro4erts0a. A0..CQVniP. <br />........ to me known to be the <br />identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution <br />thereof to be , . their........ , -voluntary act and deed, <br />Witness ms hand and notarial seat at.. 04110. 1s)anciR .Neb►-aska ... ....... . ..in said county. the <br />date aforesaid. <br />My Commission expires. +_ <br />Mraar —tarns tl actress <br />TWfRESA lit. STARKEY Mourn twos w <br />Mtattaat <br />CaAa Up, Mitch 418117 <br />
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