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86106314
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Last modified
10/18/2011 8:20:46 PM
Creation date
3/31/2008 3:25:48 PM
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DEEDS
Inst Number
86106314
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86- 10014 <br />NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration-, Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or aweement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />mlens applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (c) a date, not low doe 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) dot bibure to ewe the deftalt on or before the daft specified in the notice may result in acceleration of The sums <br />wowed by thin Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the ri& to bring a court action to assert the son-existence of a default or any other <br />defleeve 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 any nqWre 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 expeam incurred in pwriming the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys! fees amt 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 nuumer 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 />Prop" 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 />Prop" 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, Trustees 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. Leader 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 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 il-kile to ilffic feMO%,e 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 he sent to Borrower's address <br />which is the Property Address. Borrower further requests that copies of the notice of default and notice of sale be sent to each <br />person who is a party hereto at the address of such person set forth herein. <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 />4,7 Adjustable Rate Rider - Condominium Rider - 2-4 Family Rider <br />7 Graduated Payment Rider Planned Unit Development Rider <br />E] Other(s) (specify) <br />By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Secunty <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />. .... .................... .... .... (Seal) <br />ak <br />Barbara J. —Bwrc"er <br />STATE OF NEBRASK .. .............. . Hall- ... .. ........................ .. .. ..County ss: <br />On this _......._.31st --- ------ day of ......October 19_....86 before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personally came --------------------- -- ------------------------------- ............ <br />TgLKryJ�,,_.Pyorak and Barbara 3. DvorajS.,_husJb.a-nd ... and..cafe -, - -_ ........... —_ to me known to be the <br />-- - -- - - -- ------ - ------ ------- <br />identical pert;on�sj--" - ri'ain-e-(s)- - are -subscribed . to the e I foregoing i . ristrumient and acknowledged the execu- <br />tion thereof to be .... their ........_.___.____.......... ..- .... voluntary act and deed. <br />Witness my hand and notarial seal at .......... C. r a. ... ...................... .... .. nd Island <br />date aforesaid. .... .. in said county, the <br />MY Commission exp <br />=4110 d ftVMJ <br />rX N.C-y P.bfic <br />flf dust Fat Ott 1t, 1 <br />We are an -. - - nr'MPDbrtunity/Aflirmative Action Employer M/F. <br />[Sp+cf net" Tha Ln* For Ack—'*a,—ntj <br />I <br />
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