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<br /> • �������"�e�eral law �
<br /> �� 13. Governing Law; Sevorability. This Security Instrument shall bo go4ern Y , L:,
<br /> , and the law of the State of Nebraska. In the event that any provision or clause of th!s Security Instrumont �
<br /> or the Note conflicts with applicable law,such conflict shall not affect other provisians of this Security � � � ,�
<br /> � I rovs ons of this Security nist ument a d tho Noteta eidecla deto beiscevegablevision. To this end the ; , �
<br /> � p -;;:(, ..,
<br /> 14. Borrowers' Copy. Borrowers shall bo givon one conformed copy of the Note and of this
<br /> .� �•�" Serurity Instrument. '.-.;i"{� J '
<br /> .. art of tlie `.. `�`--
<br /> 1 b. Transfer of the Property or a Benaficial Interest in Borrowers. If ail or any p .,. .4��,:,
<br /> Property or any interest in it is sold or transferred lor if a beneficial interest in Bot�qwers is sold ot �.".. .:%�n�.•1�• `'
<br /> transferred and Borrowers are not natural persons) without Lender's prior written consent, Lender may,at .,;i� fi¢"-�".; --
<br /> tion re uire immediate payment(n full of all sums secur�d by this Security Instrument. :•.,;.���` �_
<br /> its op , 4 -•`��l.�'.#���
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<br /> ' If Lender exercises this option, Lender shall give Borrowers notice of acceleration. The notice shall -
<br /> ' provide a period of not tess than thirty 1301 days from the date the notice is delivered or maited within ' `
<br /> which Borrowers must pay all sums secured by this Security Instrument. lf Barrowers fail to pay these :'�,a,�--
<br /> sums prior to the expiration of this period, Lender m�s invoke any remedies permitted by this Socurity �.,.ti�A ,
<br /> ,...._
<br /> � Instrument withuut further notice or demand on Borrowers. �
<br /> i .
<br /> � 16. Borrowers' Right to Reinstate. If Bor�owers meet certain conditions, Borrowers shall have f ,.
<br /> ; the right to have enforcement of this Security Instrument discontinued at any tima prior to the earlier of: • +t�,
<br /> p � . (a)five 16)days (or such other period as applicable law rnayspecify for reinstatementl before salo of the �ti�
<br /> ' Property pursuant to any power of sale contained in this Security Instrument; or(bl entry of a judgment .; .
<br /> � � enforcing this Security Instrument. Those conclitions are that Borrowers: (a)pay�-endsr all sums which .
<br /> � � then would be due under this Security Instrument and the Note had no acceleratlon occurrod; (bl cure any �:•y-
<br /> default of any other covenents or agreements; (c) pay all expenses incurred in enforcing thfa Security . ���,,
<br /> ;� �� Instrument, including, but not iimited to,reasonable ettorneys'fees; pnd (d)take such action as Lender _.����—
<br /> may reasonably require to assure that the Ifen ot this Security Instrument, Lender's rig�ts In the ProQerty ��_-
<br /> � and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. �
<br />- - Upon reinstatemant by 8urruwsrs,Lhl�Sscurlr�lsisirumenr and the oblipations secured hereby shall remain ;6„
<br /> � fully effective as if no acce�eratfon had occurred. However, this right to rainstate shall not apply in the ;�
<br /> case of acceleration under paragraphs 16 or 17. '�'�
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<br /> � �f � 17. Acceleration; Remedies. Lender shall give notice to Borrowers prior to acceleration ���
<br /> following Borrowers' breach of any covenant or agraement in this Security Instrument(but not prior to ����
<br /> � licable law provides otherl. The notice shail specify:
<br /> � acceleration under paragraphs 16 and 17 unless app �""+
<br /> (al the default; lb)the action required to cure the default;lc)a date, not less than thirty l30)days from
<br /> 'Q.�, the date the notice is given to Borrowers,by which the defeult must be cured; and (d)that failure to cure
<br /> �' the default�n or bofore the date specified in the notice may result in acceleration of the sums secured by
<br /> '�� this Security Instrument and sale of the Property. The notice shall further inform Borrowers of the right —
<br /> i�� to reinstate after acceleration and tho right to bring a court action to assert the non-existence of a default
<br /> ' or any other defense of Borrowers to acceleration and sale. If the default Is not cured on or before the date
<br /> ;� � specified in the notice, Lender at its option may require immediete payment in full of ali sums secured by
<br /> � � this Security Instrument without fuRher demand and may invoke the power of sale and any other remedies r__
<br /> permitted by applicabie law. Lender shall be entitled to collect all expenses incurred in pursuing the
<br /> �d. � remedies provided in this paragraph including,but not limited to, reasonable attorneys' fees and costs of �'�_�
<br /> '� title evidence. `�''�`�'
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<br /> `.' � If the qower of sale is invoked,Trustee shall record a notice of default in each county in which any _ _
<br /> ' part of the Property is located and shali mail copies of such notice in the manner prescribed by applicable °'°'�- ---
<br /> i law to Borrowers and to the other persons prescribed by applicable law. After the time required by � �
<br /> � applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by •yT , � ���:
<br /> applicable law. Trustee, without demand on Borrowers,shall sell the Property at public auction to the _ .,�,.� � .,M
<br /> � highest bidder at the time and place and under the terms dasignated in the notice of sale in one or more ;�. �y�':•��
<br /> parcels and in any order Trustee detarmines. Trustee may pustpone sale of a�l or any parcel of the
<br /> :.t,�;�.:•..
<br /> � Property by public announcement at the time and place of any previously s:.heduled sale. Lender or its ,:.:���
<br /> designees may purchase the Property at any sale.
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<br />� • Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed
<br />- i conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of th9 truth of the
<br /> � statements made therein. Trustee shall apply the proceeds of the sale in the following nrder: la)to alI
<br /> � expenses of the salo, includiny, but not limited to, Trustee's fees as permitted by applicable law and
<br /> ; reasonable attorneys'fees; Ib) to all sums secured by this Security Instrument;and Ic1 any excess to the
<br /> person or persons IegallY entitled to it.
<br /> , 18. Lender in Possession. Upon acceleration under paragraph 17 or abandonment of the � •
<br /> � ' Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to anter upon, I
<br />� � take possession of and manage the Property and to collect the rents of the Property including those past
<br /> due. Any rents collected by Lender nr the receiver shall be applied first to payment of the costs of ,
<br />. managemont of the Property and collaction of rents, including, but not limited to,receiver's fees, premiums
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