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<br />STATE OV NEBRASKA
<br />COUNW OF .............................. HALL SS:
<br />. J
<br />rte I!0000irx instrument was acknowledged before me this.... FEBRUARY 27, 1989
<br />_- .................. ............................... i
<br />ty ..... LARRY W DrLLON AND MARGARET M DILLON, 'HUSBAND AND 1-J1FL'dA'9'JQ0T TENANTS
<br />.. ...........................................................
<br />(Person(s) acknowl dging)
<br />My coirn='-iSirjn expires: 12/Z81,89
<br />UAI. 10TW-S" of hk&A3
<br />Not ity Public
<br />pjer: rc-d by .... ......
<br />.............................
<br />89- 101175
<br />-NCM.0 Arff& Bormwer and Lender further covenant and agree as follows:
<br />19. Acceleratiow, Remedim Lender doll give Notice to Borrower prior to acceleration following Borrower's
<br />breach of any covenant or agreement is this Security Instrument (but not prior to acceleration under paragraphs 13 and 17
<br />unless applicable law provides o0erwise). Tire notice " specify: (a) the default; (b) the action required to cure the
<br />default; (c) a date, not few than 304sys frown the date the notice is given to Borrower, by which the default must be cured;
<br />and (d) that failure to cure- ft delkult an or before the date specified In the notice may result in acceleration of the sums
<br />secured by this Security lnstrumi at *M sale of the Property. The notice shall further Inform Borrower of the right to
<br />reinstate after acceleration mid tkeri* to bring a court action to assert the non-existence of a default or any other
<br />defense of Borrower to act elerstl6i and S&W- If the Wault Is not cured on or before the date specified In the notice, Lender
<br />at Its option may require farnefte payment in ha of all soms secured by this Security Instrument without further
<br />demand and may invoke Me power.of sak and say other remedies permitted by applicable law. Lender shall be entitled to
<br />collecs� all- exognses. Incurred In parsaing the remedies provided In this paragraph 19, including, but not limited to,
<br />reasonoble attorneys' f6a and coM of title evidence.
<br />11-the, power of-sale Is InvAed, Trustee shall record a notice of default in each county in which any part of the
<br />Property located and ShWI mall: Copies of such notice in the manner prescribed by applicable law to Borrower and to the
<br />other peraonwprewribed- by applf0able law. After the time required by applicable law, Trustee shall give public notice of
<br />sale to the persons and. in the mamr prescribed by applicable law. Trustee, without demand on Borrower, shall sell the
<br />Property stpublk4upetionto the Rigbest bidder at tbetErne and place and under the terms designated is the notice of sale in
<br />one or morellinrou'antlikany order Trustee determines. Trustee may postpone sale of all or stay parcil of the Property by
<br />plic annov# 4 o time and glue of any previously scinduled sale. Lender or its designee may purthaw the
<br />Property
<br />Upon receipt 4up"Mok,tE t.fte. price bid, Trustee shall deliver to tbe.puWk�Lsar Trustees deed conveying the
<br />Property. The recitals , Is tim TtumaeN deed shall be prima facie evidence eC iftn-�Ph r-1 the statements made therein.
<br />Trustee shall apply the pr6cceft i3 rtfre sale in the following order. (a) to all expense's 6ft& Are, including, but not limited
<br />to, Trustees fees as permitted bk'AvpHcab1e law and reasonable attorneys' fees; (b) to • sums secured by this Security
<br />Instrument; and (e) any exemto the person or persons legally entitled to it.
<br />20. Lender In Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />pion, by agent or by judicially appointed received-,ghall be entitled to enter upon, take possession of and manage the
<br />Property and to collect the rents of the Property incii%:ding those ,past due. Any rents collected by Lender or the receiver
<br />shall be applied first to payment of the costs of management of liEt Property and collection of rents, including, but not
<br />limited to, rcedvers fees, pre'miums on. receiver's bonds and re, svnable attcT-,-ey-.* fees, -and then to the sums secured by
<br />this Security Instrument.
<br />21. Reconveyance. 10tvin payment of all sums secured by this Security'D iF-.,:!-jrnent, Lender shall request Trustee to
<br />reconvey the.PrOperty and Ovi-11 surre—,,__`1—_ this Security Instrument and all debt secured by this Security
<br />Instrument to Trustee. Trustee shall're-z I'M'vey the Property without warranty and wftb fir . ch.arge to the person or persons
<br />legally entitled to it. Such pr::rson or pers'ans shall pay any recordation costs.
<br />22. Substitute Trutwe: Lender, at its option," from time to time remove Trustee and appoint a successor trustee
<br />t6any Trustee appointed hereunder by an instrumem r:corded in the county in which this Security Instrument is recorded.
<br />Without conveyance of the Property, the successor nustce shall succeed to all the•title, pat, w and duties conferred upon
<br />3.
<br />Trustee herein and by applicable law.
<br />t. LIM,
<br />23. Request for No ' tices. Borrower requests that copies of the notices of defauk and sale be sent to BorroweT's
<br />,address which is the Proprmy Address.
<br />24. Riders Instrument.
<br />to this!k-cirn- ty If one or more riders are exe"t,� A:tv Borrower and recorded together with
<br />r Security Instrument, the covenants and agreements of each such ridershalY, 1':*_1 ----1'fXrrtrated into and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as i,f nrjzni,c were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />NMdjustablc Rate Rider Cmdominiurn Rider J 2-4 Family Rider
<br />[]Graduated Payment Rider
<br />L-j F-1 Planned Unit Developmc. -t Rider
<br />[RPIher(s) (specify] ACKNOWLEDGEMENT
<br />BY SIGNING BELOW. Borrower accepts and agrees to the terms, and covenants contained in this Security
<br />i.
<br />Instrument and in any rider(s) executed by Borrower and recorded with it.
<br />........................
<br />. ..................
<br />.............. ISMI)
<br />Al. D6 LLON —ec!-r-.wer
<br />(Space Below This Line For AcknowltdVneit)
<br />STATE OV NEBRASKA
<br />COUNW OF .............................. HALL SS:
<br />. J
<br />rte I!0000irx instrument was acknowledged before me this.... FEBRUARY 27, 1989
<br />_- .................. ............................... i
<br />ty ..... LARRY W DrLLON AND MARGARET M DILLON, 'HUSBAND AND 1-J1FL'dA'9'JQ0T TENANTS
<br />.. ...........................................................
<br />(Person(s) acknowl dging)
<br />My coirn='-iSirjn expires: 12/Z81,89
<br />UAI. 10TW-S" of hk&A3
<br />Not ity Public
<br />pjer: rc-d by .... ......
<br />.............................
<br />
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