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2Qloo4o~~ <br />action to assert the non-existence of a default or any other defense of Borrower to accelera#Ion and sale. If the <br />default is not cured on or before the date specified in the notice, Lender at its option may require immediate <br />payment in full of all sums secured by this Security Instrument without further demand and may invoke the power <br />of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses <br />incurred in pursuing the remedies provided in this Section 22, including, but not limited ta, reasonable attorneys' <br />fees and casts of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Properly is located and shall mall copies of such notice In the manner prescribed by Applicable Law to Borrower <br />and #n the o#her persons prescribed by Applicable Law. After the time required by Applicable Law, Trustee shall <br />give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without <br />demand on Borrower, shall sell the Property at public auction to the highest bidder at the time andl place and <br />under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. <br />Trustee may postpone sale of ail or any parcel of the Property by public announcement at the time and place and <br />under the terms designated in the notice of sale in one or mare parcels and in any order Trustee determines. <br />Trustee may pnstpone sale of all or any parcel of the Property by public announcement at the time and place of <br />any previously scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon reoeipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying <br />the Property. The recitals in the Trustee's deed shall be prima facie evidence of the trust of the statements made <br />therein. Trustee shall apply the proceeds of the safe in the following order: (a) to all costs and expenses of <br />exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and <br />reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Ilnstrument; <br />and (c}any excess to the person or persons legally entitled to it. <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrend®r this Security Instrument and all notes evidencing debt secured by this 5ecurRy Instrument <br />to Trustee. Trustee shall reconvey the Property without warranty to tho person or persons legally entitled to It. Such person or <br />persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but only if <br />the fee is paid to a third party (such as the Trustee) for services rendered and the charging ofi the fee is permitted under Applicable <br />Law. <br />24. Substitute Trustee. Lender, at its option, may from time to time remove 7ruste~e and appoint a successor trustee to any <br />Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without <br />conveyance of the Property, the successor trustee shall succeed to ail the title, power and duties conferred upon Trustee herein and <br />by Applicable Law. <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address <br />which is the Property Address. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in <br />Rider xecutec~„by B r wer and re rded with it. <br />(/~/' (Seal) (Seal) <br />TIM 0 T H A K U 5 T A K -Borrower -Borrower <br />_ (Seal) <br />-Borrower <br />[Space Below This Llne 1=or Acknowledgment] <br />STATE OF NEBRASKA__ _) <br />SS: <br />G~UNTYOF HALL _) <br />(Seal) <br />-Borrower <br />1, VALERIE G A L V A N a Notarryy Public in and for said county and state, do hereby certify that <br />T M H A U N PERSON <br />persona y appeared be ore me and is (are <br />nown to ms c e e person s w o, sing n orme o e conten s o t e foregoing instrument have executed same, and <br />acknowledged said instrument to b® his, her or their, free and voluntary act and deed and that he, she or they executed said <br />instrument for the purposes and uses therein set forth, <br />Witness my hand and official seal this 1 7 T H <br />My Commission Expires: ~ ~ - I ~ - <br />61i~lEiiAl ND'r'nm - State aP i <br />vaL~l~ ~3ALV,lw <br />Ah Gomm. ~. Nor. 17, 2llf 0 <br />NEBRASKA-Sln$Ie Femlly-Fannla Medpreddie Mec l1NIFORM BSATEMEN7 <br />da o M,A v 2 0 1 <br />(Seal) <br />Form 3Q2$ 1lPt (pnge 7 of 7 pages) <br />3028 NE OOT 01/01 Pal <br />