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� � g�9 � 112030
<br /> If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is
<br /> located and sha11 mail copies of such notice in the manner prescribed by applicable Iaw to Borrower and to the other persons
<br /> prescribed by applicable Iaw. After the time required by applicable law, Trustee shall give public notice of sale to the persons
<br /> and in the manner prescribed by applicable law. Trustee, without demand on Borrower,shall sell the Property at pubiic suction
<br /> to the ttighest 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 PropeMy by public announcement at the time
<br /> and 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,,,,,,,,,,,,,,,,,,, or „112,OF 1,,,,,,,,,•�o
<br /> of the principal amount of the note at the time of the declaration of default, and reasonable attorneys' fees es 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 Security Instrument, Lender shall request Trustee to reconvey
<br /> the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to
<br /> Trustee. Trustee shall reconvey the Propeny without warranty 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 instrument recorded in the county in which this 5ecurity Instrument is recorded. Without
<br /> conveyance of the Property,the successor trustee shall succeed to all ttie title,power and duties conferred upon Trustee herein
<br /> and by applicable law.
<br /> 24. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address
<br /> which is the Property Address.
<br /> 25. Riders to this Security Instrument. If one or more riders are executed by Bonower and recorded together witt� this
<br /> Security Instrument, the covenants and agreements 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 /> X� 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 /> XQ Prepayment.Rider
<br /> � Ott�er(s)[specify]
<br /> BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in
<br /> any rider(s)executed by Bonower and recorded with it.
<br /> Wimesses:
<br /> /i[i� 'iJ__/�1,�. �(f,14��', (Seaq
<br /> IORL'AAE['L�L�R^ - orrower
<br /> //L///Z�/LC���,���1 (Seal)
<br /> AIARTART.aLS --�orrower
<br /> STATF OF NE?�RAS?�A
<br /> COUN'I'Y OF uALL
<br /> The foregoing instrument was acknowledged before me th�_s 21st c�ay of De.cember, 1999,
<br /> : by '��ichael L, �lson and ��arian L. �lson. Husband and i�life�
<br /> , iJitness c�y hand and notarial seal at rrand Island , Nebraska in said County, the date
<br /> aforesaid. ,
<br /> ��v Commission Fxnires � 7/2/?.��� � �} (��!t�� �� !_ � . c��._/,�'�?��L
<br /> Iota. v T' ]_ic
<br /> [Space Below This Line
<br /> GENE OT RV-S�ate ot Nebraska
<br /> II� MARGARET M.DILLON
<br /> My Comm.Ezp.July 2,2000
<br /> Single Family—FNMA/FHLMC UNIFORM INSTRUMENT FORM 3028 09/90 (Page 6 of 6 Pages)
<br /> NEBRASKA EC927L Rev. 10/09/97
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