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85006313
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Last modified
10/18/2011 4:42:47 AM
Creation date
4/1/2008 5:34:27 PM
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DEEDS
Inst Number
85006313
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85-- 006313 <br />NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: <br />19. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Horrower's <br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />default; (e) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failure to cure the default on or before the date 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 right to <br />reinstate after acceleration and the right to bring a court action to assert the non - existence of a default or any other <br />defense 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 may require immediate payment in full 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 expenses incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />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 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 />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 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, 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. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property. fender (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 attorney~' 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 shal! 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 perscros <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 to 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 />13. Request for Notices. Borrower requests that copies of the notice% of default and sale be sent to Borrower's <br />address which is the Property Address. *CONTINUED BELOW <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower arid 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 11' the rider(,) were a part of this Security <br />Instrument. (Check applicable box(c%)] <br />Adjustable Rate Rider Condominium Rider 1 --3 Fainih Rider <br />Graduated Payment Rider _ Planned Unit Development Rider <br />Other(s) (specify] <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained :rr flit Sccurrty <br />Instrument and in any rider(s) executed by Borrower and recorded with it <br />�7 <br />L.... r 1..�. (seal) <br />�i3obby, l Wright .sass_ <br />i <br />IScal) <br />koseahhe Wright <br />.� — _. ..._....._.......___y..,__._ -._ (Space Below Thii line For Acknowledgment) -- --------------- -- ---- <br />*Borrower further requests that copies of the notice of default and notice of sale be <br />sent to each person who is a party hereto at the address of such person set forth <br />herein. <br />STATL or NERRASKA ............... Hall ......County ss: <br />On this ......... ..l,tith...... day of ..ppmpm qr 10.. ii5, before me, the undersigned, a Notary Public <br />duly commissioned and qualified for said county, personalty came ..................................... ............................... <br />Bobby U. Wri #ht and koaennnc. WrihC. husband and wife, to ma known to be the <br />identical person (s) whose nanie(S) are Subttcribe(I to the fomxgoing instrument. and acknowledged the exectt- <br />tt(m thereof to be ......... _ch. it voluntary act and dived. <br />e�� <br />Witness my hand and notarial Heal at (;rand f. +kind, <br />_........ Nohrn:;ka <br />in aid county, rho date aforesaid, <br />MY Cominisr( xt ItiMIMLNiMP- ItaNtlatlrsw <br />0. WOLF <br />hssa to WY 7.1, i9" <br />�Vi• aria an Fgiji l Fiji i,,� •', ni 1 i,i • , -i �) F <br />rift, <br />
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