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If the power of sale Is invoked, Rustee shall reeared a notice of default In each county in which any part of the Property is located and shall mail copies of such notice In the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable laws After the time required by applicable law, Trustee shall Rive notice of sale to the persons and in the manner prescrihed by applicable law. Trustee, without demand on Borrower, shall sell the Property of public suction to the highest bidder at the time and place sad under the terms designated Is the mike of sale is one or more parcels and in any order Trustee determines. Trustee anew 1 posipose sale of all or say parcel of the Property by public announcement at the time and place of any previously scheduled sale. Fender • , or Its deftmees may purchase the Properhr at say sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals In the Trwteds deed shall be pins facie evidence of the truth of the statements made therein. Trustee shalt apply the proceeds of the ask Is the following order: (a) to all expenses of the ask, including, but not limited to, reasonable Trustee's fees as permitted by sp- plIcAle law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally estitkd to It. f X Lender is Possesdom Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or l by judicially appointed receiver) shill be entitled to enter upon, take possession of and manage the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds and i reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21, lwecowmyusm Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to re?convey the Pro- perty and shall Wivender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Thutee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons l shall pay any recordation costs. j 22 Substitute Trustee: LAtde% at its option, may from time to time remove Trustee and appoint -a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which the Security Instrument is recorded. Withopt conveyance of tht Property, the successor trustee shad succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Noting. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Orclperty Address. it Riders to thb Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instru- merit, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were'a hart of this Security Instrument. [Check applicable box(es)). 0 Adjustable Rate Rider 0 Condominium RitcFer ID 1-4 Family Rider � Graduated Payment Rider ©Plarured Urrit:Development Rider. Assumption Rider LD Fixed Rate p j EJ Adjustable Rate Assumption Rider O Other(s) (specify) I t { i 3 i BY SIGNING BEL NAV, Borrovicr accepts and agrees to the terms and rider(s) executed by Borrower and recorded with it. Al n STATE OF NEBRASKA SS: COUNTY OF HALL in this Security Instrument and in any The foregoing instrument was acknowledged before me this first day of August, 1989, by Lee James Cadwallader and Jeanne L. Cadwallader, husband and wife. y Witness my hand and notarial seal at Grand Island, Nebraska, in said County, the date aforesaid. h" t 'mss Notary Public tlE�Gt iOIAkY -Sttn et mob 6�B _ (Seal) BORROWER . P 1 .f CD .-. lY' R C" its r• .3 ~ - Ill H w •" t r+y 1i L III 3 \ LU ,. `ib. l ■ u . P 1 .f