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_ 2� 1 �� 1722
<br /> t� execute and de�iver to�he purchaser or purchasers a�such sal�any deeds of conveyar�ce gaod and suff'icient at
<br /> �av�r,pursuan�to�he s�atu�e in such�ase made and provided. The Trus�ee shall apply��he prnceeds�f�he Trustee's
<br /> sa�e, �rst,�o�he cos�s and expenses of exer�ising�he p��ver af sale and of the sa�e, including#he paymen�of�he
<br /> Trus�ee's fees actuaily incu.a-red; sec�nd, tv payment of�he ob�igativn secured by �he trus� d�ed; �hv.-d, ta the
<br /> payment �f junivr trust deeds, mor�gages, �r o�her lienhvlders and the �alance, �f any, to the pers�n or persons
<br /> legal�y enti�Ied thereto. The�rec��als �n �he Trus��e's deed shall be pr'vma fac�e e�idence of the truth ❑f�he
<br /> statements made in i�.If Lender chooses��invo�e the p��er vf saie,Lender vr Trustee�i�I provide no��ce of sa�e
<br /> pursuan��o applicable�av�. 1�ny su�h sa�e �r a sale rnade pursuant t� a judgment ar a decree for�he forec��sure
<br /> herenf may, at the �pt�on �f Lender, be made en masse. The �vmmencement �f proceedings to fore���se this
<br /> Secu.rity Instrument�n any manner au�horized by lavr�shali be deemed as exercise of 1;he a�v�e vption.
<br /> Upon the �ccurrence �f an Even� �f Defau�t, L�nder sha�l immediately be entitled t� make applicativn f�r and
<br /> o��ain the app�intment af a receiver f�r the Prvperty and uf the earnings, income, issue and profits of i�,v�ith the
<br /> pvwvers as �he c�u1-�making the app�intmen�s confers. Grantor here�y irrevocably consen#s t� such appo�ntment
<br /> and�ax�es n�tice of any app�ication th�refor.
<br /> 1�� '�AI'�ER. No delay or fa�Iur� �f Lender to e�ercise any right, remedy, p�v�rer or pr��r�lege hereunder sha�l
<br /> affect that r�gh�,remedy,p�w�r vr pr�v�Iege n�r shal�any sing�e or partial exercise thereaf preclude the e�ercise uf
<br /> an�r�gh�,remedy, pav�er or pr��ilege.No Lender delay �r fa�lure to demand str�ct adherence��th�terms af�his
<br /> Security Instrument sha�l be deemed�o canstitute a course�f�anduct inconsistent�vi�h Lender's right a�any time,
<br /> before or a�ter an event of defau��, to demand strict ad.herence tti �he terms �f this Secur��y rnstrument and the
<br /> Rela�ed Documents.
<br /> �I�STITUTE TRUSTEE.Lender, at i�s option,may fi om�ime t�time r�move Trustee and appoint a successor
<br /> trus��e �o any Trustee appointed hereunder by an ins�rument rec�rded in the county �n �hich this 5ecurity
<br /> Instrument is r�cord�d. �Ll�i�hou� ��nve�an�e �f�he Praper�y, the successor trustee shal� su�ceed �v ai1 �he title,
<br /> power and duties c�nferred up�n Trustee herein and by�pplicable�av�.
<br /> J�INT AND SE'L�ERA�LIA�ILIT'�'.�f�his Security Instrument sh�uld be srgned by more than nne pers�n,alI
<br /> persons e�ecuting this Security Inslrument agree tha��hey shal�be joint�y and severaliy baund,v�rhere perm�t�ed hy
<br /> �avv.
<br /> SUR'�[''LTAL. Lender's righ�s in�his Secur�ty Instrument�v�11 continue in its success�rs and assigns. ThYs Securit}�
<br /> �ns�rument is binding on a�l heirs,execu�ors,administrators,assigns and successors of Grant�r.
<br /> 1�T�TICES AND 'VV�AI�R �F N�7CI�E. Unless ��herv�se required b� appl��ab�� lav�, an}� nvtice or demand
<br /> given by Lender to any party is c�n�idered effecti�e: �i} �hen it is deposited in�he Un��ed 5tates Mai� ���h the
<br /> apprapr�a�e p�stage; (ii} when �t is sent �ria elec�runic mail; �iii} �hen i� is sent v��a facs�mile; �iv} when it is
<br /> depnsited v�i�h a nat�ana�ly recognized ��ernight c�urier servic�; ��} vn the day�f personal deliv�ry; or[vi� any
<br /> ��her commercia��y reasanab�e m�ans.A�apy of any nvt�ce shall be sent��,each pa.1-�y at the address of the party
<br /> gi�ren at the beginn�ng of this Securi�.y Instrumen� uniess an a��ernative address has be�n.provided to Lender in
<br /> wri�ing.To the e�tent perm�tted by�av�r, Grantor wa��es n�ti�e❑f Lender's accep�ance�f th�s SeCurity Instrurnent,
<br /> defenses hased an suretyship,any defense arising frvm any e�e��ion by Lender under�he Un��ed 5�a.�es Bankruptcy
<br /> �ade, Un�form Cvnruner�ial C�de, as enacted in�he s�a�e �vhere Lender is l�cated or vther applicable lav� or in
<br /> ��ui�y, demand, noti�e of accelera�inn, n�t�ce of n�npa�ment, presentment, pro�es�, not�ce af dishonvr and any
<br /> a�her n�tice.
<br /> REQUEST F�R N�TI�ES.: Gran�or requ�s�s�hat copies of the n�tice af defaul�and notice�f sale be sent ta the
<br /> address of each par�given at�he beg�nning of�he Security Ins�rument.
<br /> TU TH� E�TENT PERMITTEI� �Y LA'L�, �1�ANT�R 'WAI'"LTES ANY RIGHT TD N�TICE, �THER
<br /> THAN THE NUTI�E PR�'L�IDED AB�VE, AND 'L�L�AIVES ANY RIGHT T� �NY HEARING,
<br /> JTIDI�IA� �12. �THER'L7L�ISE, PRI�R T� LENDER E�ERCISIN� ITS RIGHTS UNDER THIS
<br /> �ECI�R.ITY INSTRUIWIENT.
<br /> 'VL�AIVER �F APPRAISEMENT RYGHTS. Grantor�rai�es all appraisement r�ghts rela�ing to the Pr�per�y to
<br /> the e�ten�permit�ed b�Iaw.
<br /> LENI]ER'S E�PENSES. Gi•antar agrees��pay ail�xpenses incurred by Lender in connectivn with enforcement
<br /> of i�s rights under the Indebtedness,this Secu.�•��y�nstrument�r in the event Lender�s made party��any�itigati�n
<br /> because❑f the e�isten��of�he Indeb�edness�r this Securit�Instrumen�, as��i� as c�urt cos�s, callec�i�n charges
<br /> and reasonab�e attorneys'fees and dis�ursemen�s.
<br /> ASSI�NABILITY. Lender may assign or o�herv�ise transfer this Security �nstrumen� or any of Lender's rights
<br /> under�his Security Ins�ru.lnent v�rith�ut not�ce t� �rantflr. Grantor ma}�not assign�his Security �nsfrument or any
<br /> par��f the Security Instrument�ithau�the express�rrit�en�onsent�f Lender.
<br /> ��VERNING LA�V. This Securit�Instrument will�be governed by�he �a�s of the Sta�e of Nebraska including
<br /> a1�proceed�ngs ar�sing fi�m this Security Instrumen�.
<br /> S�VERABILITY. If a cvui-� vf competen� jurisdic��on de�ermines any �erm �r pravis�vn ❑f �h�s Security
<br /> Instrumen� is invalid �r pr�hibi�ed by app�icable la�, that �erm or provision �nr�ll be ineffe�tive �o the exten�
<br /> required.Any term�r pro�ision that has been determ�n�d to be in�ralid�r prohil��ted will be s�vered from the rest
<br /> of-the 5ecurity Inst�rument w�fihout in�alidating �he remainder ❑f e��her the affe�ted pro�ision ar this Security
<br /> Inst�-ument.
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