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88- 105501 U the power of lille 15 In.oked. Trustee shall record. notice of default In eoch cuunt} In which un)' purt of the "ropert)' Islorated Rod shan mill copies of such notice in the mannu prescribed b)' applicable law 10 nnrrower nnd to thv oth.r ""non. pre.erlb<d by .pplic.ble I.... Arter Ihe lime required by appll.able law, Tro.tee .hali .Ive publie notice or sale 10 the persons and in the manner prescrilN:!d by applicable law. Trustee~ wllhout demand on Borrower, shull sell the "ropert)' .t public auction to the hlihes' bidder at the time and place and under the terms designated in the noUce of sule in one Dr more parcels and in Iny order Trustee determines. Trustee may postpone sale of all or any parcel or'the Property by public announcement ..t the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any 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 Trustee's deed shall be prima faele evidence of the truth of the slatements made therein. Trust.. shall apply Ih. proceeds of tbe .ale In tbe rollowing order: (allo all expen... or the sale, Inclodlng, but nolllmited 10. Trustee.s fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by Ihls Ser1lrity Instrument; and (c) any excess to the person or persolUlleglUy entitled to it. 20. Lender in POSSlSSion. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person. by agent or by judich1l1y appointed recei\ler) shall be enlltled 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 recei\ler "han 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 receivcr's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrumenl. lender shall request Trustee to reconvey the Property and 'ihall surrender this Security Instrument and all notes cvidencing debt secured by this Security Instrument to Truslc:e. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Truslee. lender, at its option, may from lime to time removc Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the: Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Requesl for Nolices. Borrower requcst!!lhat copies of the notices of default and sale be sent to Borrower's BdM dress .....hich is the Property Address. "Borrowl"r fUrl her requests that copie~ of the notices of default and sale be person !tel forth herein." 24. Riders 10 this Security Instrument. If one or more riders are e,;ecutcd by Borrower and recorded together with this Security Instrument. 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 part of this Security Instrument, [Cheek applicahle box(c:sl] f}iQ Adjustable Rate Rider ~ Graduated Payment Rider ::::J Other(.) [.pecify) o Condominium Rider o Planned Unit Development Rider o 2-4 Family Rider By SIGNING BELOW. Borrower accepts and agrees to the terms and covenants conlained in this Security Instrument and in any rider(s) executed by Borrower and recorded with il. fJ~ ~d."(o~,~~~ ~~Il -~~~:!! 1/lJ hLJid :Jr /~ (i' ~ -B~~~:!! (Seal) .BOIIOWSI ACKNOWLEDGMENT I/We. PAlR. A. GAMGW1SH ind IUftBERlEY F. N:CARTY . ("Tru!tlor"), under that certain Deed of Trust dated OctObtT 12 th, 19 66 ' ("Deed of Trust") to be entered into amouog Trustor. l.AIlYERS TITlE I~ CORPORATlOH ("Trustee") and CEHTRAlIlORTGAGE ClIlPORATlDH, ~ ORATlOI, nT, ClEIlEHS, nl 48043 ("Beneficiary") covering the following described properlY: LEGAL DESCRIPTION: See Front Plge hereby ackowledge that it i~ und~r5lood Ihat Ca) Ihe Deed of Trust to be e,;ecuted by Truslor is n trust deed and not a mor- tgage and (b) the power of sale provided for in Ihe Deed of Trust provides substantially different rights and obligations to the Trustor than a mortgage in the event of a default of breach of obligation. Truslor Acknowledge!! Ihat Ihi" Ackno\\'lcdgmenl wa!) made prior 10 (he c"ccution of 'he Deed of Trust. Executed and delivered Ihi!t 12 tb day of O.tober . 1988 Tru51or(J1f 1~~~ """~14 51.le of Nebruka ) )... CoUly or Hall I The: foregoing imlrumenl \\a~ ad.nowh:dgl,'d beforc me Ihi~ 12th da\' of. Oct.ober .19 88 . b~' Paul A. Gangwish,' a single person and Kimberley F. McCarty, a single person \\'llne.... m) h:md and nl1li.Ulal \cal .11 Grand [Bland III "im.1 Cllunt~. tilt' d.lh' IlllHl:..aid L ( , ): V: 0'-' J\ J'~L( ("- NolO' Publ.. . 'J'"