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<br /> . Ii.I,ender invokes the power of sale, I.eader shaU execute or cause Trustee to execute a wrinen no�ce of the � �. .
<br /> ocaurence of an event of default and of I.ender's electioa to canse the Property to be sold.TrusteE shaU cause t�is aotice ta be .
<br />= recoided ia each county in which any part of the Fropeny is Ioc,�ted. Lxnder or Trustee shall mail capies of the uatice as E � . : . .. ..__
<br /> prescribed by applicahle law to Borrower and to the other persons prescribed by applicable law. Trustee shall give public � •
<br /> nodce of sale to the pe�sons aad in We manner prescribed by applicable law. After the time required by applicable law, f� . � � '�
<br />. � Tnutee,without demand on Borrower,shall sell the Property ai public auction to the highest bidder at the eime and place and � • • •
<br /> under the temts designated in the notice of sale in one or more parcels and in any order Trustee determinzs. Trustee may __ ,.__ __.._ _ _ _
<br /> postpone sale of all or an}+parcel of the Prop�rty by public announcement at the time anfl place of any previously scheduled � - � . —
<br /> sale.Lender or its designee may purchase the Property at any sale. ; , - . ' --- -
<br /> ' Tn�stee shall deliver w the purchaser Tiustee's deed conveying the Property without any wvenant or warraary, � --
<br /> eapressed or implied. The reritals in the Tn�stee's deed shall be prima facie evidence of the tnrth of the statements made � � ___-
<br /> '� tbenein.Tnutee shall apply the pmoeeds of the sale in the following order:(a)w�11 expenses of the sale, including, but not i . •:,,���.�
<br /> limited to, reasonable Trustee's fees; (b)to aIl snms secumd by this Security In. ++n- t;and(c)any exeess to she person or j � ,.. . . _'�-.. _'-�• -
<br /> persons legally entided to it. [ . _`.,�.__s-
<br /> • 19. Barrower's Itight to Relastate. Notwid�standing Lender's acxeleraii�n of the s�ms secured by this Security N ���,_
<br /> Ins4mment due to Borc�aer's breach, Borcower shall have the right to have any procee�ings begun by I.cnder to enforce this ' ' ^"'�'�'
<br /> Securit}r rn. ,+++�* discontinued az any time prior to sale of the Pmperty or entry of a judgment enforcing this Security .' `�- � � �
<br /> � Instcume�at if:(a)Bornnwer pays Lender all sams which would be then due under this Security Instrument and the Note had no , r �
<br /> - :� -
<br /> acceleration occurred; (b)Borrower cure.s all breaches of any osher covenants or agreements of 6s�rrower contained in this � ,:�.. , �v;��=—
<br /> s Security tamvment;and(c)Borrower pays aU m�stec's fces actually inc�uced,not exceeding the gmater of$50.00 or one-half ' � -
<br /> '� of one percent of the unpaid principal sum seca�red,and court wsts. Upon 5vch payment and cure by Borrower.tLis Security . ' --
<br /> - ' Insmimeni and the obligations secured hereby shall remain in full force and effect as if no acceleratton had occacred. This ' .'.; '� �� ' '
<br /> � right w ninstate shall noi apply,however,in the case of acceleration pursuant w Parag�raph 17. • � ,;t , .;
<br /> 20. Assfg�Pnt of Rents; Appoiahment of Reteiver. As addidonal security hereunder, Borrower hereby assigns to � .. � �� �� '" � „
<br /> � I.ender the ients of the Property, provided that Boaower shall, grior to acceleration under Paragraph 18 hereof or � • - ' = < � ;�: _
<br /> �� a�aodonment of the Property,have the right to collecx aBd retain such rents as they hzcome due and payable. ' ,�' �: �: .
<br /> •� Upon acoeleration ur.�er Paragraph 18 hereof c3 abandonment of the Pro�aty, Leader,in person,ty agent or by � �..a � �
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<br /> ,`� judicially appointed receiver, shall be entiked to eater upon,take possessioa of aad manage the Property and to collect the ; • '".'�� ', ��
<br /> �' reats of the Property including those past�h:e.All renu colleaed by Lender or the ceceiver shall�e�plied first to payment of ; R ,
<br /> "'!� the costs of management of the Property and collectioa of rents, inciuding,but not limited to, raa.�iver's fees,p�emiums on '�•� '� ° -�:
<br /> r�ceivet's bonds aad neasonable attomeys' fees.and then to the sums s�ured by �a�s Secucity Instivment. L�er aad the `.;;�,;t:,..�;��_�, �S � �
<br /> receiver shall be Uable w account only for those rents asxually received. � �" f: ,
<br /> 21. H�ardons Sabstances. Borrower shall aot cause or permit the p�enae, use,disposal,�onge, or rclease of any -
<br /> ;..�:.�t.��; ,. :��
<br /> Ha7ardous S�bstances on or in the Property. Borrower shall not do. �ar allow anyone else to�a, anything affecting the �`'�`' �'���
<br /> Property that is in violatioa of any Enviroaffiental Law.The preceding two sentences shall not apply to the presence, use,or ';•. �:=�'_ ���
<br /> � s�orage on the Property of small quantities of Ha�ardous Substances that are genera�Ey recognized to he appropr�:for narmal , .,s �'� .9�.
<br /> e�.sidentIal uses and for ma;nreaAnzce of the Property. . . � -"'�r-s�
<br /> Bo:rower shall promptly give Lender written notice of any investigation,claim,demaad,lawsuit or other action by �' ' ��:.='��
<br /> an ovPmm.ntal or r a �� �".
<br /> Y g P egWatory geacy or private party iavolving the Progerty and a�y II�Iazardaus Substance or ., .�
<br /> Environmental Law of wlrich Borrower L�s actual knowledge. If Borrower lea:ns, or is aotified by any govemmental ot ����'���':��..,�
<br /> re ato authort that am removal or other remediatian of an Ha7ardous Subs�re affectin the Pro is aecess . . .��" . ��
<br /> 8� ry tY, �J Y � PertY arY. .`i.�`;: ,, [.`� � :
<br /> Boaower shall promptly ta��necessary remedial actions in accordance with Envisoamental Law. � .:...�.'�r-a.�+�..a�
<br /> As used in this Par�aph 21, 'Hazardous Substances'are those substances defined as taxic or haz:udous substaaces �,-;'•,w�� '"�
<br /> 1 by Environmeatal Law and the follow��substances:gasoline,kerosene, other flammable or toa*c peuoleum products,toxic . =�'``'���' ��`
<br /> ,.. .�,,,,a..
<br /> pesticides aad�:ibicides.volatile solve�;s,materials containing asbes?as or fo:maldebyde,and ascii�active materials. As use� ""�-:R...;~.; �:
<br />' in this Pazagraph 21. "Environmental Law" means fede*al laws and laws of the juri��tion wheie the Property is located that . '
<br /> �.late to health,safety or environmental pmtection. � .� '�"
<br /> 22. Reeonveyance. Upon payment of all sums secured by this Security ins��ent, Lender shal! request Tnistes to • ' • . tL..-
<br /> . recomey the Property and shall suaen�ar this Security Instm�^t and all notes evtdencing d;.bt secured by this Security • • • �
<br /> Ins�tument to Tzustee. Tnutee shall r�ccavcy the Properry without warranty to the person or�sons legally entitled to it.
<br /> Suc.h petson or persons shaU pay Lender's reasonable c�arge for preparation of any payoff�*�'a*^^�t or other document in f . �. �� . �
<br /> coanection with the mcon�e}-zace,any Tnrstee recoaveyance fee and any costs of reoordation.unless applicable law provides f , .
<br /> i
<br /> othetwise. � °
<br /> 1 NEBRASKA DFfD OF YRUST�s�on Original - Record I ,
<br /> IM003-6NE ��e o�� OOS6320033 � :, � . �
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