85004738 - Laserfiche WebLink

Browse

F 0 85- 0047?8 NONUNIFORM COVENANTS Borrower and Lender further covenant and agree as follows: 19. Acceleration; Remedies. Leader shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 unless applicable law provides otherwise). The notice shall specify: (a) the default (b) the action required to cure the default; (c) a date, not Ion than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to curs the default on or before the date specified in the notice may result in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reie after acceleration and the tight to bring a coon action to assert the non - existence of a default or any other defense of Borrower to acceleration and sak. If the. default is not cured on or before the date specified in the notice. Lender at its Option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of ask and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, reasonable attorneys' fees and costs of title evidence. If the power of sale is invoked, Trustee shalt record a notice of default in each county in which any part of the Property is located and "mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law. Trustee shall give public notice of silk to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in am or more parcels and in say order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time Mad place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Tutee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale. including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; tb) to all sums secured by this Security Instrument: and (c) any excess to the person or persons legally entitled to it. 20. ieader in Possession. Upon acceleration under paragraph ly or ahaudonment of the Property. Lender on person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall he applied first to payment of the costs of management of the Property and collection of rents, including, hilt riot limited to, receiver's fees, premiums on receiver's blinds and reasonable attorneys' fees• and then to the sums secured by this Security Instrument. 11. Reeoaveyance. Upon payment of all sums secured by this Security instrument, Lender shall request Trumtce to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by the, Security Instrument to Trustee. Trustee shall reconvey, the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 21. Substitute Trustee, Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county to which Ibis Security Instrument is recorded Without conveyance of the Property, the successor truster shall succeed to all the title. power and dunes conferred upon Trustee herein and by applicable law, 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to FlorroN'er s address which is the Property Address. *CONTINITI) BELOW 24. Riders to this Security Instrument. 1f one or more riders are executed by Borrower and recorded 10gOlM will) this Security Instrument, the covenants and agreements ref c-, t• such rider ,hall he ntcorporated into and shall amend mid supplement the covenants and agreements of this Sccurny Instrument as if the ridcr(s) were a Part of thrs Security Instrument. [Check applicable hoMLs)) d Adjustable Rate Rider Condominium Rider 2-4 Famih Rider Graduated Payment Rider Planned Unit IJrvrlopmem Rider Otheris) [specify) B1' SIONIM; BftOw, Borrower accepts and agrees to the terms and +per :unh Lontatned ui Iht, Security Instrument and many rider(s) executed by Borrower and recoro'nii-"t. ^ std C r " �r y L rLjy r't"lii) ._•./ (Scant - -iff: "Doer Isvate aebw Th* Lae rp AkowiedsffeftJ *Borrower further requests that copies of the notice of default and notice of sale he sent to each person who is a party hereto at the address of such person set. forth herein. STATE ON NFICI .SKA- .... ........... ..._ Counly f R3a1: 1 ...._..... On this ...... _, day of ..StF.C.tgmber......., ?9 { �.. bf-fore sir, the undcl-signed, a aotan• Public 9o4uk exttntnimioned and qualified for said county, personally camtt L. Cl _.._ ..... your and Sheryl R. Clymer, husband and t+ffe, to Inc known it) lee 1111• identical peraon(v) whcAe name(a) are nubscrilxd to the foregoing imtrumritt rind achnoxiedg(A the execu- tion thereof to be t he i r vuluntttry net and deed. Sltitnewit my hand and rxtarial seal at . _Gran d Island. Nchrask,t in said cotuitt�, the date afort� aid, —._ afy ('ntnfntt±evior etataet arntlar' flMe d anon. S. D. +It011r — r Mt Otma Etch nth A m re an °dual Ftripjovv,cnt t)pl..rtuni .%:;tr- ..,nc.- �?;,xtt1? rs: M