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. 88- i 05937 If the power or sale is Invnkcd, hustel.! shall record a notice of default In each county in which Bny port of the Propert)' isloCRtcd Bnd shall moll copies of such notice in the ,manner prescribed by applicable low to Borrower ond to the other persons prescribed by applicable 12w. After the time r~quired by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the Propert)' al public auction to the highest bidder at the time and place and under the terms designated in the notice or sole In one or more parcels and In any order Trustee determines. Trustee may postpone sale of all or Dny parcel of'thc Property by pubUc announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property 01 any ssle, 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 facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the followinR order: (a) to all expenses of the salet including, but not limited to. Trustee's fees 85 permitted by applicable law and rC!asonable attorneys' feesj (b) to all sums secured by this Security Instrument; ana (I:) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, lake possession of and manage the Property and to collect the rents of Ihe Property including those past due. Any rents collected by Lender or the receiver shall be applied firsl to payment of the costs of managemenl of the Property and col1cction of rents, including, but not limited to, receiver's fees, premiums on receivcr's bonds and reasonable aHorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument 10 Trustee. Trustee shall reconvey the Property withoul warranly and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time 10 time remove 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 thc Property, the successor trustee shall succeed to all the lille, power and duties conferred upon Trustee herein and by applicable Jaw. 23. Request lor Notices. Borrower requests that copies of the norices of default and sale be sent to Borrowcr's ad- drcss which is the ProperlY Address. "Borrower further requests Ihal copies of the nolices of default and sale be person set forth herein,'- 24, Riders to this Security Instrument. If one or more riders are executed b~' Borrower and recorded together with this Security Instrument. the covenants and agreements of each such rider shall be incorporated into and shan amend and supplement thc covenants and agreements of this Security Instrument as if the rider(s) were a pan of this Security Instrument. [Check applicable bo,(esll ~ Adjustable Rate Rider D Graduated Payment Rider o Other(s) [specify] D Condominium Rider o Planned Unit Development Rider o 2-4 Family Rider DR.D L. 1XID6E w. Borrower accepts and agrecs to the terms and covenants contained in this Security s) e,ceuted by Borrower and recorded ~ . ISeall..- ~~~o (Seal) .Borrowef KA1lI..EEH R. -Borrow." I Scali -Bollower (Seal) -Borrower ACKNOWLEDGMENT I/We. Rl)R] L. 1XID6E aJId 1<A11I.EEH A. IllIIlIE _ 3rd, 1988 amoung Trustor, TlCOR TIllE INSlIIIAII:E CORPORATllJl ("Trustee") and IEITIlAL IIIRTOAGE CORPORATllJl 36800 GRATlDT lIT ll.ElENS MI ~3 ("Beneficiary") coveringille-TolIriwmg de.~crlbei:f p?openy: t. I . ("Truslor"), under that cerrain Deed of Trust dated , ("Deed of Trust") to be entered into LEGAL DESCRIPTION: See Front Page hereby ackowkdge thaL it is understood that (a) the Deed of Trust La be eXt.ocuted by Trustor is a trust deed and not a morM Igage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and nbligations to the Trustor than a mortgage in the event of a defaull of breach of obligation. Trustor Acknowledges that this Acknowledgmenl was made prior to the executio Executed and delivered Ihis 3 rd day of , t968 Tr?~o~~'~R Iru tor KAllUEN R,- Slalr of Nebrask8 CouDI)' or Hall ) )u. I Thc [oregoing instrument "a!! ru:knowledged before me thi\ 3rd day of, November .19 88 . by Ronald L. Dodge and Kathleen A. Dodge Husband and Wife Witnc\', m)' hand and nmarial...eal at Grand I6land HI ..aul COlllll~', Ihc t..IlIIC afmc\i1id. L J:GIIWlIllARY-5IIlI 1I1IIIIl_ ROBIRTA L IlIlD ll!1'.DlIllafq.IllrJl. II8l /~; '~ (. . 'oJi.!" rA . J. L( C( Nnlll) I'llhhl M~ t.:umml......ion c\flirc!>: