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<br /> �l� 13. Goverrung i-aw;Severability. This Security Iroswment shall be govemed by faderal law and � ._ . • � -
<br /> � the lav�s of the State of Nabraska. In the event that any provision or clause of 4his Security Instrument ; . , : •.�_.
<br />� or the IVote conflicts with aAp�icabie law,such conflict sliatl not affect other provisions of this Security � . -
<br /> Instrument or the Note which can be given effect without the confiicting provision. To this end the �
<br /> provisions of this Security instrument and the Nota are declared to be severable.
<br /> � . 14. Borcawer's Copy. Borrower shall be given one conformed copy of the Note and of this ; = � � ' ' �
<br />- Security Inswmertt. �;- - —-� _`".
<br /> �•f'.• ,r : , -
<br /> � 15. Transfer of ths Property or a Beneficial Interest in Bonower. If all or any part of the Property
<br /> or any interest in it is sold or transferred Sar if a ber►aficial interest in Borrower is sold or transfened and *_:«J, �
<br /> , _ - -,� ,..—
<br /> • Borrower is nat a natiural person)withou:_o'lr.ler's prior written con�arK, Lender may,aY its option, require .
<br /> ' immediate payment in fuft of all sums�l-ed by this Sacurity Insirumem. ' � :�.�,'� ';;•,.;
<br /> 4 � �..
<br /> tf Lender exercises ti�is oFBinn, Lender shall give Borrower notice of acceleration. The notice shall �•" ' ' �;;'=,.,;r�,_
<br /> ;�,�:;,��-.�---
<br />' provide a period of not less tf�an tt�irty 130)days from the date the notice is delivered or mailec!wro}eira , . , . 1�.�
<br /> wfaich BoRawer must Pall all s�uns sec:�.,�d by this Sea+rity Instrum°m- tf Borrower fails to pay these s�.�r�.s . ;_��u;:.
<br /> pri�r ta tiie e�'sraiion of this periad,Lera�r may irrvoke arry remec►'ies pemnitted by tfiis Secusiiy Instrumertt
<br /> w�Hout furtfi�notice or demand on�aROwer. (y: �'�-._
<br /> :, . ..�� �:_-
<br /> `�,' 16. Borrowers R�g9C:ta Reinstate. If Borrower meats ceRain conditiuns. Borrower shall have the '�. ,. - -�--.-- -;
<br /> " right to have enforcement of this Secucity InstrumenY disco�rtinued at arry�:.�a�rior to the eadier of:(a) �r_ _ �,�'.�'—�=�
<br /> five (5) days (or such other periad as app lica b le law may spec i i�f o r r e i n s.�:e.-n e n t) b e f o r e s a l e o f t h e
<br /> Property pursuant to�,ny power of sate wntained in this Secu�Tnstrurt'+:.a:2:ar(b)entry�a judgment �� �'�';=_
<br /> enfarcing this Security►Ins;�ument. Those conditions are that�:rower. �a6 IP3Y�-ender at:sums whicl�► �m���"'--
<br /> �•-�•��.-��--
<br /> � �en would be due under alfv�Security fnstrumer►t arc�tt�e Note had na acce:�on occurced; !b)cure a�:a� , � � ;;.::
<br /> det�ut2 of any other covE:�anfs or agreements; (c) �.`V all exper�ses irtcurred in enforcing tfi+s Ses:s.a +� ; �.--��``'�'
<br /> ex
<br /> Instrumert, including,but not IimitetA�u,reasonabte attomays'fees:and(d)take such 2cW.�cn as Lenvar w�:^ �.�" �, j
<br /> J �.
<br /> may raasonabty r�quire to assure that mha Iien of this Security I�strvmerrt,Lender's rights ir�the Property � ;�,, ..-
<br /> and Borrowe�'s obbga�ion to pay the sums secured by this 5ecuraa�lnstrument,shafl conunue unchanged. � •��-'?' ` -
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<br /> "' ' l►pon reinstaoement iry Bc�r�v2r,this Security Irtistrument and the obligations secured hereby shaU remain . �� ��.;. `;f t,�
<br /> fulty effec4ive as if no a�alaration had occurred. Wowever,this rigfit to reinstat9 shall not apply in tha F� '
<br /> t.. ;�,:
<br /> case of accelera4ion under paragrap2�.s 15 a�9 7. `��: _•
<br /> •.. ����97�1'���'J','j�-�
<br /> 17. Acceleration;Remedies. Lender shall give notice to Borvower prior to acceferation following . ,,,,�„�j:y;;;;-
<br /> •� Bor�ower's breach of any cove+nant or agreement in this Security Insirument(but not prior to accetera�cn ' �A-:��`��:�'.:;__�„:.;.`
<br /> ' under paragraph 15 untess applipbfe law provides otherl. Ths notice shall specify:la)the defautt; (b3 t�'�e '' `''►�t'�' 1�,���';. :.
<br /> action required to cure the default; Ic)a date,not less than thiRy(30)days from tha date the notice 25 �' '� ' :
<br /> given to Borrowar,by whic'�the tlefauft must be cured;and(d)that failure to cure the defautt on or beforo �"'�"�'�'"
<br /> , the daie specifiod in the notice may result in acceleration of the sums secured by this Security Insvument :�
<br /> and sale of the PropertSv. �e notice shatl further inform Borrower of the right to reinstate aRe� _:�_ .
<br /> accel8�ation and the�i�°ert t� bring a court action ta au�ert the norrexistenco of a default or any other �`�-` � �—
<br /> def�rue ot Borrowrer to acceteration and sala. If the�iafault is not cured an cu before the date specified ��'�,��
<br /> in the notice, Lsrsder at their optton may require immediate payment in full�6 all sums secured by this �` :'^-� - —.
<br />, " s��,
<br /> � Secur.ty Ic�sttument without fu►ther demand and may invoke the power of sa'.�artd a�y other remedies - —•,;:.,;
<br /> • permitted by applicable law. Lender shalt be entitled to coltect a0 expens�s incurred "sr•:pursuing ths ��:_.��,�;;�
<br />• � remedies provided in 4his paragraph including,but not limited to,reasonable�C'ameys'fees and cos3s cf •�•�,y}: ':
<br /> .. tide evidence. .}•i;��'��;� �� , -
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<br /> tf the power of sale is irnoked,Tnutee shall recotd a notia�of default ln each cous►ty in which any -�',v•"'�"�±�`'� "�` -
<br /> ,..�k�•� _
<br /> part of the Piroperty is located and shall mai!copies of such notice in the manner prescribed by appli�.b2e • +'�•::• ---
<br /> v:.��-..
<br />� •� law to Borrower and to the other persons prescribed by apA��cahte law. �Agier the time require� �L�y ��.:�,.,_.
<br />• ' � applicabie taw,Trustee s"�all giva public notice of sate to the persons anm in r�e manner prescrib��by �:.' �'�
<br /> •�.:,,+ ,'•-�t°�.�
<br /> applicable law. Trustee, without demand on Borrower, shall sell the Property at pubtic auction to�.`�e � , :�.' ,.
<br /> '.;,; highest bidder at the time and place and under the terms designated in the notice of sa'.e:n one or more ; ,, °•
<br /> "I� parcels and in arry arder Trt�stee dete►mines. Trustee may post�one sate of al!or any parcel of the Property : '„ �,�
<br /> � by public announcemo�at the time and ptace of anv previously scheduled gale. Lender or Lender's •� �� � `
<br /> ,:�r7�3���:,
<br /> . � designees may purchaso tS�3 Property at any sa1e. ,;;•;,;_r.>:. ..•_,{_...
<br /> �'�'�'����:"
<br /> Upvn receipt of payment of 4he price bid, Trustee s�►nll doliver to the purchaser Trustee's deed , � � :^.;,:•�,"'
<br /> ��i conyeyiry�thn property. The recitals in the Trustee's deed shall�a prima facie evcdence of the truth of the •�-�.�� �
<br /> ''•,�•i�'�v�'i.. .;�
<br /> statemenLS mado therein. Trustee shall apply the proceeds of tho sale in the following order: 1a)to aIl :��;;� � "
<br /> �; oxpenses of tho sale, including, but not limited to, Trustee's fees as pennitted by applicabte law and . `'��`"- `�`
<br /> � . ;:';i;�.�Y?�,�.�
<br /> reasonable attomeys fees;(b)to al1 sums secured by this Securi2y Instniment;and(c)any excess to the , .
<br /> parson or pecsons legatly entitled to it. �" • �
<br /> 18. Lender in Possession. Upon acceteration under par�g�ravh 17 cr 2bandonmertt of the Property, � . -
<br /> Lender lin person, by agent or by judicially appoirrtesf receiver) sha;� � entitled to enter upon, take ':+?;:,'� •� -
<br /> � possession of and manage the Property and to callect the rents of the Pra�sriy including those past du�. �' ��
<br /> Any rer�ts calleceed by Londer or the receiver shall be applied first 4o payment of the costs of management . � __
<br /> of the Property anal collection of rertts,including,but not limited to,receivePs fees,premiums on receiver's : :
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