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,, : ; ,, � � � ,, 99 110 416 <br /> If the power of sale is invoked, Trustee shall record a notice of default in ea.ch county in which any part of the Property is <br /> located and s6all mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons <br /> prescribed by applicable law. After the time required by appticable law, Trustee shall give pu6lic notice of sale to the persons <br /> and in the manner prescribed by applicahle Iaw. Trustee, without demand on Borrower,shall sell the Property at public auction <br /> to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any <br /> order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time <br /> end place of any previously scheduled sale.Lender or its designee may purchase the Property at any sale. <br /> Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The <br /> recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the <br /> proceeds of the sale in the following order: (a)to all costs and expenses of exercising the power of sale, and the sale, including <br /> the payment of the Trustee's fees actually incurred, not to exceed the greater of$........50;00,,,,,,,,,,,,,,,,,,, o� „1/2,OF 1.........u�a <br /> of the principal amount of the note at the time of the declaration of default, and reasonahle attorneys' fees as permitted by law; <br /> (b)to all sums secured by this Security Instrument; and(c)any excess to the person or persons legally entitled to it. <br /> 22. Reconveyance. Upon payment of all sums secured by this Securiry Instrument, Lender shall request Trustee to reconvey <br /> the Properry and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to <br /> Trustee. Trustee shall reconvey the Property without warranry and without charge to the person or persons legally entitled to <br /> iG Such person or persons shall pay any recordation costs. <br /> 23. Substitute Trustee. Lender, at its option,may from time to time remove Trustee and appoint a successor trustee to any <br /> Trustee appointed hereunder by an inswment recorded in the county in which this Security lnstrument is recorded. Without <br /> conveyance of the Property,the successor trustee shall succeed to all the dtle,power and duties conferred upon Trustee herein <br /> and by appGcable law. <br /> 24. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address <br /> wtuch is the Property Address. <br /> 25. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this <br /> Security Instrument, the covenants and agreemenu of each such rider shall be incorporated into and shall amend and <br /> supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. <br /> [Check applicable box(es)] <br /> � Adjustable Rate Rider � Condominium Rider � 1-4 Family Rider <br /> ❑ Graduated Payment Rider � Planned Unit Development Rider � Biweekly Payment Rider <br /> ❑ Balloon Rider � Rate Improvement Rider � Second Home Rider <br /> X� Prepayment Rider <br /> � Other(s) [specifyJ <br /> BY SIGNING BELOW, Bonower accepts and agrees to the terms and covenants contained in this Security Instrument and in <br /> any rider(s)executed by Borrower and recorded with it. <br /> Witnesses: <br /> . <br /> ` ��`'gv�-!—� • <br /> Seal) <br /> - orrower <br /> n '����\ � � <br /> _v�'�' ���y�\�"�, 'x (Seal) <br /> . - orrower <br /> ST�§TE OF NEBRASKA <br /> COiJNTY OF HALL <br /> �,a, The foregoing instrument was acknowledged before me this �day of <br /> U���Qy�2� , 1999 by Ada Marie Springer and Merton M. Springer. <br /> ,.�t�OiARY•State oi idabraska <br /> ° CtJR;E R.MINCER �� �>� \�� <br /> ��- ��-"f',�C��mm.[xp.tiiay 25,2002 2JL� � ��_�..���� <br /> My Commission Expires• <br /> Single Famlly—FNMA/FHLMC UNIFORM INSTRUMENT FORM 3028 09/90 (Page 6 of 6 Pages) <br /> NEBRASKA EC927L Rev. 10/09/97 <br />