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86106356
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Last modified
10/18/2011 8:26:50 PM
Creation date
3/31/2008 3:26:30 PM
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DEEDS
Inst Number
86106356
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'VON-UNIFORM COVENAKIN Borrower and Lender further covenant and agree as follows: 85-_1 0635$ <br />19. Acceleration Renedies. Lender dM give notice to Borrower prior to acceleration following Borrower's <br />irsacb Many covenant or agreement in this Security Iustrume t (but not prior to acceleration under paragraphs 13 and 17 <br />Nd m applienWe law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />- ! (c) a date, not lees des 38 days from the date the notice is given to Borrower, by which the default most be cured; <br />Sell W That Were to dare the detavt an or before the deft specified in the notice may result in wAvIeratioh of the suss <br />aeetiroi by this Sam* Instrument and sk of the Property. The notice shall further Inform Borrower of the right to <br />reinetale alley socrkntsn sand the mint to brig a cane- action to assert the non-existence of a default or any other <br />dt4iTana of Bervewer to amoeleration and sae. If des default is not cared on or before the date specified in the notice, Leader <br />at Ns alMkw N require base*&$* PMMW k fdl of W sums smeared by this Security Instrument without farther <br />dwm d and mayb vakt the pourer at mile and any other remedies permitted by applicable law. Leader shall be entitled to <br />csi er- an expands incurred its pursuimg tit remedies provided in this paragraph 19, including, but not limited to <br />reassnable at4erneyse fees and costs of rte evidence. <br />If the power of tide is invoked, Tinufte shall record a notice of default in each county in which say part of the <br />Property is locietei and shall null espies of such notice in the maser prescribed by applicable law to Borrower and to the <br />other persons preaerAW by applicable law. After the time rued by applicable law. Tntstee shall give public notice of <br />ede M tbt persons and in the n inner prescribed by applicable law. Trtestee, without demand on Borrower. shall sell the <br />Property at public auction to the highest.... P at the time and place and under the terms designated in the notice of sak in <br />one or sere paeeeb and in any order Tnnstee determines. Trustee way postpone sale of all or any parcel of the Property by <br />public anuomnctsent at the time and place of my previously sebedaed sale. Leader or its designee may purchase the <br />Property at any sae. <br />UPON treeeipt of payment of the [trite bid. Trustee dal deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed s.al be prima facie evidence of the truth of the statem Bois made therein. <br />Tromet sbdl apply the praceede of the sae us the following order: (a) to all expenses of the sale, includl;ag, but not limited <br />is. Trustee's fees as permitted by applicable law and eemooWe attoreeys' fees; (b) to all sums severed by this Security <br />Instrument and (e) my excess to the person or persons legally entitled to it. <br />20. Leader is Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in <br />persm 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, rmaver's fees, premiums of receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reeonveysism Upon payment of all sums secured by this Secunty Instrument. Lender shall request Trustee to <br />reconvey Ike Property and shall surrender this Security Instrutnent 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 />kgally entitled to ht. Such person Of persons shah 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 Inst rument is recorded - <br />Without conveyance of the Property, the successor trustee shall succeed to all the title. power and duties conferred upon <br />Trustee heron and by applicable law. <br />23. Request far Nodees. 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 Seemiry Itssp'uuest. If one or more nders are executed by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such nder shall he incorporated into and shall amend and <br />suppktnent the covenants and agreements of this Security Instrument as if the rider(s) acre a pan of this Security <br />Instrument. (Check applicable box(es)] <br />L ` Adjustable Rate Rider Condominium Rider — 2. Partly Rider <br />Graduated Payment Rider _ Planned Unit Development Rider <br />Others) (specify) <br />By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any riderts) executed by Borrower and recorded with it <br />IN Wff*4M WHEREOF. Borrower has executed this Mortgage. <br />... . . . . . . . ...... . <br />(Collins S. Albers) — eo.rawer <br />f ...,.. / ..� . ............. <br />(Re L. Albers) — ao..wer <br />STATE OF NElRASFP, ... Hall.. ........ County ss: <br />On this_ . 3rd! ...........day of....Noy�ember, 19 86, before me. tit: undersigned. a (votary Public <br />duly co Mooed and qualified for said county, personaily came ..CO) lin5 .5.. Albers. and. Renee 1.... . <br />Aftws.. husband . and .nil fe ................ to me known to be the <br />ddeakW persou(s) whose tamc(s) are subscribed to the foregoing instrument and acknowledged the execution <br />therettf to be, - . lheif _ .. - ... voktntary 30 and dead_ <br />Willer: my band and notarial seal at Grand .Islnrtd.- Nebraska...... in said county, the <br />data xf>xesaiid. <br />ti�R tll�rs#i et tiibrw ,,`- ^"' <br />My C,om unnisi on expiteu <br />A ism tai Shia ttR <br />e�i;e <br />
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