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86107267
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86107267
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Last modified
10/18/2011 10:21:40 PM
Creation date
3/31/2008 3:46:22 PM
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DEEDS
Inst Number
86107267
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86- 107267 <br />NON - UNIFORM COVENANTS. Burrower and Lender further covenant .utd agree as tulluws <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 (hut not prior to acceleration under paragraphs 1 3 and <br />17 unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default, (c) a date, not less than 30 days from the dare the notice rs given to Borrower, by which the default must he cured; <br />and (d) that failure to cure the default on or before the tfate 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 <br />right to reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or any <br />otherdefense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, <br />Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without <br />further demand and may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be <br />entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not <br />limited to, 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 manner 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 <br />in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property <br />by 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 he prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of me sale in the following order. (a) to all expenses of the sale, including, but not <br />limited to, Trustee's fees as permitted by applicable law and reasonable attorneys fees; (bi to all sums secured by this <br />Security 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 rile Property, lender tit <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 rile reeetvcr shall <br />be applied first to payment of the costs of management of the Property and uollcenun of rents. including_ but not limited no, <br />receivers fees, premiums can receiver's bonds and reasonable attorneys fees. and then ao the sums st•cttred by this Sca :n:c <br />Instrument. <br />21. Reconveyance. Upon payment of all sutras secured by this Sccurtte Instrument, Lender shall request Trustee uo <br />reconvey the Property and shall surrender this Security Instrument and all notes evidenung debt secured by this Security <br />Instrument nr Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />legally entitled to ir. Such person or persons shall pay any recordation costs <br />22. Substitute Trustee. Lender, at its option, may from time it, time remote Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in rile county in which tilts Security instrument is recorded <br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties cunterred upon <br />Trustee herein and by applicable law <br />23. Request for Notices. Burrower requests that copies of the notices of detaulr and sale be sent to Borrower s <br />address which is the Property Address. Borrower further requests that copies of the notices of default and 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 Burrower 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. ICheck applicable box(es). j <br />❑ Adjustable Rare Rider ❑ Condominium Rider ❑ ? -) Family Rider <br />❑ Graduated Payment Rider ❑ Planned Unit Development Rider <br />❑ Other(s) I specify I <br />BY SIGNING BELOW, Burrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />N prises, �P�ar�tn ship <br />w..1` <br />seal). <br />dith M. Crow ey, wife of John ' rowleyJoh M. r wley, Partner — Borrower <br />t Sea I ) <br />wo man G.rackerud, Partner <br />—Bo owes <br />Mary Mlen Nacke d, wife of Norman G. Nackerud <br />ISpece Below This rim For Ackmwledgmentl <br />STATE OF NEBRASKA. ....H•. / � .............................. County ss: <br />On this ... /A.... ...... day of . �Ac;- i-! A 19 . before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personal! came . N.. ..te ...(.. I A P3T....... . ;Iota1 M: Cro;wl;e;�yr,Parttter, <br />Mort en G. NackerudrPartner and Judith M. Crt %.ji y wife of John I^[.. CrowlI v; -hry .Ellen YackEpjk o&.RQNRpptTftV�tJcetud <br />identical person (s)��`ho�_se"-n_'a'Ime(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to be <br />.............. TAZZtt�(!............ volunta act anti deed. /I <br />Witness my hand and notarial seal at � .................... in said county, the date <br />aforesaid. <br />My Commission expires: <br />L...= ..�. N� . <br />Nora Public <br />���Mlb�M11M1(r <br />cuRrasw.wasc�r <br />Mr ow. e�.111►r� nn <br />
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