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200804513
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5/23/2008 4:21:44 PM
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5/23/2008 4:21:43 PM
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DEEDS
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200804513
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<br />l~ I .. t . (' I n <br />f. ,': 't ..,,; <br />. v\..... '., .41!. <br /> <br />200804513 <br /> <br />Lender at its option may require immediate payment in full of all sums secured by this Security <br />Instrument without further demand and may invoke the power of sale and any other remedies <br />permitted by Applicable Law. To the extent permitted by law, Lender shall be entitled to collect <br />all expenses incurred in pursuing the remedies provided in this Section 22, including, but not <br />limited to, reasonable attorneys' fees and costs of title evidence. <br /> <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed <br />by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After <br />the time required by Applicable Law, Trustee shall give public notice of sale to the persons and <br />in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell <br />the Property at public auction to the highest bidder at the time and place and under the terms <br />designated in the notice of sale in one or more parcels and in any order Trustee determines. <br />Trustee may postpone sale of all or any parcel of the Property by public announcement at the <br />time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br /> <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the <br />truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following <br />order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the <br />payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by <br />Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the <br />person or persons legally entitled to it. <br /> <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request <br />Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing <br />debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without <br />warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but <br />only ifthe fee is paid to a third party (such as the Trustee) for services rendered and the charging of the <br />fee is permitted under Applicable Law. <br /> <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which <br />this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall <br />succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br /> <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br /> <br /> <br />J~J~%' <br /> <br />Date <br /> <br />INDIVIDUAL ACKNOWLEDGMENT <br /> <br />STATE OF NEBRASKA ) <br />) <br />COUNTY OF HALL ) <br /> <br />The foregoing instrument was acknowledged by Richard P. P>>:. e III; A . a G. Page; befo~e me on Ma 23, <br />2008. In witness whereof, I hereunto set my hand and, if appli",le, my pt'ipa <br />II C/1. <br />My commission expires: 12/29/2009 .. <br />shE Grabowski <br />1. ......... f!:n..,.,.,. GENERAL NOlARV.State of Nebraska /;peneral Notary <br />.j 1'::16 JOSEPH E. GRABOWSKI , <br />'~>;2:~ My Comm. Exp. Dec. 29. 2069 <br />(Official Seal) <br /> <br />THIS INSTRUMENT PREPARED BY: <br />Pathway Bank <br />306 S. High St. <br />Cairo, NE 68824 <br /> <br />AFTER RECORDING RETURN TO: <br />Pathway Bank <br />PO Box 428 <br />Cairo, NE 68824 <br /> <br />Initial. <br /> <br />Form 3028 1101 <br />www,compliances}'5tems.cQtn <br />800.968.8522. Fox 616.956.18681 <br /> <br />NEBRASKA. Sioi!:le Family. FIII.D~ M*tIF~dd~ M~ UNIFORM INSTRUMENT <br />02004.2007 Cppyright Compliance Systems. Inc, CD6D.5128 . 2007.10,173 <br />ISinSle Family Real Estate - Secu,ity Instrument DL2047 <br /> <br />PaselOoflO <br />
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