|
1 85- 001926
<br />Pro¢erty'at public auction to the highest bidder at the time nail c,tace and unu,
<br />one or more parcels and in any order Trustee determines. Trustee ma arms designated in the notice of,�aje in
<br />Public announcement at the time and place of any previously scheduled edt ale. L'
<br />Property is designee May Property by
<br />Property at any sale. g y purchase the
<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 shatl 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 />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20, bender 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 Instrument. pav
<br />this Security of the costs of management of the Property and collection of rents, including, but not
<br />unlined receiver's fees, premiums on receiver's bonds and reasonable attomevs' fees, and then to the sums secured by
<br />ri
<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 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 [his 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 be sent to Borrower's
<br />address which is the Property Address. Borrower further requests that copies of the notice of default and
<br />notice of sale be sent to each person wno 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
<br />instrument. [Check applicable box(es)) rider(s) the der(si were a par[ of this Security
<br />Adjustable Rate Rider Condominium Rider
<br />Graduated Payment Rider 2-4 Family Rider
<br />Planned Unit Development Rider
<br />Other(s) [specify)
<br />25. As long as this Deed of Trust is held by the Nebraska Investment Finance Authority, the Lender may,
<br />at Lender's option, declare all sums secured by this Deed of Trust to be i
<br />if Borrower omits or misrepresents s fact in an aeolication for this Deed of Trust. including, immediately Sue and payable
<br />limitation, anythir,q contained in the Mortgagor's Affidavit and certification executed by Borrower
<br />in conjunction with this deed of Trust. without
<br />BY SrGN NCB BELO%V Borrower accepts and agrees to the terms and covenants contained in this Secunty
<br />Instrument and ;n an% rider(s) executed by Borrower and recorded with it.
<br />!?o A Kra 4....
<br />Y
<br />A — bcr,owr•
<br />.i
<br />t1[tljy i Kran; - -... ..�- ....._ - (Seali
<br />STATE : >
<br />OF NEBRASKA) - i;.�..owr•
<br />1 ss.
<br />COUNTY OF lial.l
<br />The foregoing instrument was acknowledged before me this 22nd
<br />April . 19.8', by I2oy 11. Kranz and iltit L,. Krr1n7, . .day of.
<br />Y , husband and wife
<br />Witness my hand and notarial seal at. Cr(�ricj �S�at)d
<br />.n said county, the date aforesaid. . . . . . . . ' . . ,
<br />9611 MMMY- gistsMa.kssia a
<br />SHARON L BAKER
<br />IgCMa6q 04t10619p rt_!'e_ -Cf �
<br />Slklron I,. Nakfttazy Public . •
<br />My Commission expir©s: ( )ctObC:r 10, 1988
<br />:tF..; ULST FOR TIECONVEYANCE
<br />TO TRUSTEE:
<br />The undersi,tne(l 1, tho
<br />holder Of
<br />the
<br />Saic2 note note t.cvfethor
<br />with a21
<br />note or notc r.0 d
<br />other
<br />y} t
<br />haya been t;teicl in fu11 You
<br />:ndebtedne.. . r::;t!
<br />f, �:
<br />uas® o^ Trust whiCh arfr d(l
<br />are h r('ty
<br />di rf"6 "',Cd tr. r: 1: (e sa ct�
<br />1
<br />c c ns
<br />V
<br />estate r;w r„3d � ?•, r,.l ,.;nd.
<br />)vorrt 1 t �iCt,
<br />?t`ry
<br />and to tCC , n,. 1, rt
<br />th'.l
<br />thoro,t ,
<br />' i. i
<br />t' .rJSt t.c
<br />
|