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201104739
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Last modified
6/28/2011 9:54:59 AM
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6/28/2011 9:54:59 AM
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DEEDS
Inst Number
201104739
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�'� � 20�.104739 <br />H. Judgment. Grantor fails to satisfy or appeal any judgment against Grantor. <br />I. Forfeiture. The Property is used in a manner or for a purpose that threatens confiscation by a legal <br />authority. <br />J. Name Change, Grantor changes Grantor's name or assumes an additianal name without notifying Lender <br />before making such a change. <br />K, Property Transfer. Grantor transfers all or a substantial part of Grantor's money or property. This <br />condition of default, as it relates to the transfer of the Property, is subject to the restrictions contained in <br />the DUE ON SALE section. <br />L. Property Value. Lender determines in good faith that the value of the Property has declined or is <br />impaired. <br />M. Insecurity. Lender determines in good faith that a material adverse change has occurred in Grantor's <br />financial condition from the conditions set forth in Grantor's most recent financial statement before the date <br />of this Security Instrument or that the prospect for payment or performance of the Secured Debts is <br />impaired for any reason. <br />14. REMEDIES. On or after the occurrence of an Event of Default, Lender may use any and all remedies Lender <br />has under state or federal law or in any document relating to the Secured Debts, including, without limitation, <br />the pouver to sell the Property. Any amounts advanced on Grantor's behalf will be immediately due and may <br />be added to the balance owing under the Secured Debts. Lender may make a claim for any and all insurance <br />benefits or refunds that may be available on Grantor's default. <br />Subject to any right to cure, required time schedules or any other notice rights Grantor may have under federal <br />and state law, Lender may make all or any part of the amount owing by the terms of the Secured Debts <br />immediately due and foreclose this Security Instrument in a manner provided by law upon the occurrence of an <br />Event of Default or anytime thereafter. <br />If there is an occurrence of an Event of Default, Trustee will, in addition to any other permitted remedy, at the <br />request of Lender, advertise and sell the Property as a whole or in separate parce�s at public auction to the <br />highest bidder for cash. Trustee will give notice of sale including the time, terms and p�ace of sale and a <br />description of the Property to be sold as re uired b the a plicable law in effect at the time of the proposed <br />sale. �-� � �� � ; , � ��, �\ � <br />�_ ,� <br />To the extent not prohi ` ed b_{ w���st �e �S►i I a � y� �i ���� � s f��e� Pr �'eriy's sale in ihe following <br />order: to all fees, charg �os�` �ti� e�� n`s� ����is �t' �t e� e'� � fi t�d.�.th sale; to Lender for all <br />advances made for repairs, " zes, �� ura�e, `iens; as�ss `�er�� an p�enc E bran�°�s and interest therean; <br />to the Secured Debts' principal and interest; and paying any surplus as required by law. Lender or its designee <br />may purchase the Property. <br />Upon any sale of the Property, Trustee will make and deliver a special or limited warranty deed that conveys <br />the property sold to the purchaser or purchasers. Under this special or limited warranty deed, Trust�e will <br />covenant that Trustee has not caused or allowed a lien or an encumbrance to burden the Property and that <br />Trustee will specially warrant and defand the Property's title of the purchaser or purchasers at the sale against <br />all lawful claims and demand of all pe�sons claiming by, through or under Trustee. The recitals in any deed of <br />canveyance will be prima facie evidence of the facts set forth therein. <br />All remedies are distinct, cumulative and not exclusive, and Lender is entitled to all remedies provided at law or <br />equity, whether or not expressly set forth. The acceptance by Lender of any sum in payment or partial <br />payment on the Secured Debts after the balance is due or is accelerated or after foreclosure proceedings are <br />filed will not constitute a waiver of Lender's right to require full and complete cure of any existing default. By <br />not exercising any remedy, Lender does not waive Lender's right to later consider the event a default if it <br />continues or happens again. <br />15. COLLECTION EXPENSES AIVD ATTORNEYS' FEES. On or after the occurrence of an Event of Default, to <br />the extent permitted by law, Grantor agrees to pay all expenses of collection, enforcement or protection of <br />Lender's rights and remedies under this Security Instrument or any other document relating to the Secured <br />Debts. Grantor agrees to pay expenses for Lender to inspect and preserve the Property and for any recordation <br />costs of releasing the Property from this Security Instrument, Expenses include, but are not limited to, <br />attorneys' fees, court costs and o ther legal expenses. These expenses are due and payable immediately. If <br />— ;, <br />KELLY CONNELLY <br />Nebraska Deed Of Trust Initials <br />NE/4XXDIANNK0000000000062 1 05306 23 1 1N Wolters Kluwer Financial Services m1996, 2011 Ba�kers SystemsTM' Page 5 <br />�� , <br />� <br />�� <br />
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