|
<br />r
<br />
<br />I
<br />84,..... 004731
<br />
<br />Property at public auction to the higbest bidder at tbe 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 tbe statements made tberein.
<br />Trustee shall apply tbe proceeds of the sale in the following order: (a) to all expenses of tbe sale, including, butnat limited
<br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (h) to all sums secured by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it,
<br />
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abaridonmenl 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 Ihe 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 nbt
<br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, aad then to Ihe sums secured by
<br />this Securily Instrument,
<br />
<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 />
<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 Ihe county in which this Security Instrument is recorded.
<br />WithoUl conveyance of the Property, the successor truslee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by applicable law,
<br />
<br />23. Request for Notices, Borrower requests that copies of the nOlices of default and sale be sent to Borrower's
<br />address which is the Property Address. Borrower further requests that copiee of the notice of default and_
<br />notice of sale be sent to each person wno is a party hereto at the addrea. of such person set forth herein.
<br />
<br />24, Riders to this Security Instrument. If one or more riders ar ",~ecutcd by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each .',cn (',: shall be incorporated into and shall amend and
<br />supplement the covenants and agreement:; of th!s Securit:' !. _ ument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />
<br />[] Adjustable Rate Rider [] Condominium Rider [] 2-4 Family Rider
<br />
<br />[] Graduated Payment Rider
<br />
<br />[J Planned Unit Development Rider
<br />
<br />[J Other(s) [specify]
<br />
<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 immediatelY due and payable
<br />if Borrower omits or misrepresents a fact in an application for this Oeed of Trust. including, without
<br />limitation. anytht.nQ contained in the M.ortgaqor's Affidavit and Certification executed by Borrower
<br />in conjunction with' this deed of Trust.
<br />
<br />BY SIGNtNG BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any nder(s) executed by Borrower and recorded with it.
<br />
<br />('/ . ~ /l . '-
<br />..""",\-,~.,.,<,J.,.<..,~WW~,.."..""........(5eal)
<br />Craig A. ~rmin -Borrower
<br />
<br />........,....,(5eal)
<br />-Borrower
<br />
<br />STATE OF NEBRASKA]
<br />] SS.
<br />COUNTY OF HALL ]
<br />
<br />The foregoing instrument was acknowledged before me this, . 7.th . . , , .day of.
<br />'Ie:g~r, 19. Bit, by , Gqig I}.'. C,!-rqlil' , . a. sj.ngl.e 'pe,rs;o'1,. . , .
<br />Witness my hand and notarial seal at, .Graod.lsland,.Nebraska, . ,
<br />~n said County, the date aforesaid.
<br />
<br />___......111_
<br />S. D. \\'OlF
<br />My Co_ up. May '1], 1988
<br />
<br />~\/)
<br />, ~,,_'-__~_10CW
<br />
<br />Notary PUbltj
<br />
<br />My Commission expires:
<br />
<br />REQUEST FOR RECONVEYANCE
<br />
<br />TO TRUSTEE:
<br />
<br />The undersigned is the holder of the note or notes secured by this Deed of Trust.
<br />Said note or notes, together with all other indertedness secured by this Deed of Trust,
<br />have been paid in full. You are hereby directed to cancel said note or notes and this
<br />Deed of Trust, which are delivered hereby, and to reconvey, without warranty, all the
<br />estate now held by you under this Deed of Trust to the person or persons legally entitled
<br />thereto,
<br />
<br />Date: . .. .. . . . . . . . . . . . . .
<br />
|