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<br />
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<br />
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<br />I
<br />
<br />If the power of sale is invoked, Trustee sa~::::lrd II :~l~'~~a~ in each county in Whic~ any part of the
<br />Propert}' is located and shall mail copies of such notice in the manner prescribed by applicable lullo' to narrower and to thw
<br />other persons prescribed by applicable la"" After the time required b}' applicable law, Trustee shall give public notice of
<br />sale to the persons find in the manner prescribed by applicable la". Trustl.'e, without demand on Borrower, shall sell the
<br />Property at public auction to the highest bidder at the lime and place and under the terms designated in the notice of sale in
<br />one or more parcels and in any order Trustee determines. Trustee ma}' postpone sal~ of all or any parcel oftlle Property by
<br />public announcemmt at the time and place of an}' prel'iousl}' scheduled sale, Lender or its designee may purchase the
<br />Property at any sale,
<br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited
<br />10, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secul'ed by this Security
<br />Instrument; and (c) any excess to the person or persons legally entitled to it.
<br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonmenl of the Property, lender (in
<br />person. by agenl or by judicially appointed receiver) shall be entitled to enter upon, lake possession of and manage the
<br />Property and to collect the rents of the Property including those past due. Any rents coHecled by lender or the receiver
<br />shall be applied first to payment of the cosls of management of the Property and collection of rents, including. but not
<br />limited 10, receiver's fees. premiums on receiver's bonds and reasonable allorneys' fees, and Ihen 10 the sums secured by
<br />this Security Instrument,
<br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, lender shall request Trustee to
<br />reconvey Ihe Property and shall surrender this Security Instrument and all noles evidencing debt secured by this Security
<br />Instrument to Truslee, Trustee shall reconvey the Property withoul warranly and without charge to the person or persons
<br />legally enlilled to it Such person or persons shall pay any recordation cosls.
<br />22. Substitute Trurttee. lender, at its option, may from time to time remove Trustee and appoint a successor truslee
<br />10 any TrrJstee appointed hereunder by an inSlrumenl recorded in the county in which this Securily Instrument is recorded.
<br />Without conveyance of Ihe Property, Ihe successor trustee shall succeed to all the Iitle. power and duties conferred upon
<br />Trustee herein anrl bv applicable Jaw.
<br />
<br />23. Request for Notices. Borrower requesls Ihal copies of Ihe notices of default and sale be sent to Borrower's ad-
<br />dress which is the Property Address. "Borrower fUflher requests Ihal copies of the notices of default and sale be person
<br />'iel forth herein."
<br />24. Riders to tbis Security Instrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security [nstrumtnl, the covenants and agreemenls of each such rider shall be incorporated into and shall amend and
<br />supplemenl the covenanls and agreements of Ihis SecurilY Instrument as if Ihe rider(s) were a part of this Security
<br />Instrumen!. [Check applicable box(es)j
<br />[J Adjustable Rate Rider
<br />D Graduated Payment Rider
<br />o Other(s) (specify)
<br />
<br />'----' Condominium Rider
<br />,-, Planned Unit Development Rider
<br />
<br />::J 2-4 Family Rider
<br />
<br />BY SIGNING BELOW. Borrower accepts and agrees to the lerms and covenants contained in this Security
<br />Instrument d in ~ny nder( } executed by Borrower and record~edith ' ~
<br />
<br />
<br />,~ (Seal) 44-0 ~ ~~~
<br />~ G..~._ . " __&,,_,
<br />
<br />G!l---.- (Seal I (Seal)
<br />.801'owe. -Borrowe.-
<br />
<br />
<br />ACKNQWlEDGM ENT
<br />
<br />I/We. STEVEN 6, CfIIIlBEll and SUSAN E. CAIlPBEll
<br />"ndl 25 th, 19 88
<br />amoung Trustor. LAllYERS TITLE IHSURAACE CORPORllTJOH
<br />("Trustee") and CENTRAl.. IlORTGAGE CURPORATIlIH, 36800 GRATlOT, n. ClDIEHS, 'II 46043
<br />("Beneficiary") covering the following described propert}':
<br />
<br />, ("Trustor"), under that cerlain Deed of Trust dated
<br />, ("Deed of Trust") to be eDlered into
<br />
<br />lEGAL DESCRIPTION: See front Page
<br />
<br />hereby ackowledge that it is understood Ihal (a) the Deed of Trust to be executed by Trustor is a trust deed and nOl a mor-
<br />tgage and (b) the power of sale provided for in the Deed of Trust provides Substantially differenl rights and obligations
<br />10 Ihe Trustor than a mortgage in the e\'em of a default of breach of obligalion,
<br />
<br />Truslor Acknowledges Ihat this Acknowledgment was made prior 10 the execution of the Deed of Trus!.
<br />
<br />Execuled and delivered this
<br />
<br />day of
<br />
<br />2:> th
<br />
<br />ftut'h
<br />
<br />1983
<br />
<br />
<br />State of Nebraska
<br />
<br />}
<br />lss,
<br />
<br />County of Hall
<br />
<br />The foregoing II1strumCn! was ilcknowkdged before me this
<br />.19 88 . by Steven G,
<br />Husband and Wife
<br />Witnc'i~ my hand and nOlarial ~cal ill Grand Island
<br />
<br />25th da~' of,March
<br />Campbell and Susan E, Campbell
<br />
<br />In \ald COUnl\, Ihl' llall' :Ilon'said
<br />
<br />~1) <:omnlls'.inn c,\pir('~:
<br />...... II.....
<br />ROeIIIYA L MID
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<br />. (;i4(I((i(<.-
<br />NOlal r Put'li,'
<br />
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<br />
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