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2O13O27O i <br />default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default <br />must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result <br />in acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shall <br />further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert <br />the non - existence of a default or any other defense of Borrower to acceleration and sale. If the default is not <br />cured on or before the date specified in the notice, Lender at its option may require immediate payment in full <br />of all sums secured by this Security Instrument without further demand and may invoke the power of sale and <br />any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in <br />pursuing the remedies provided in this paragraph 15, including, but not limited to, reasonable attorneys' fees <br />and costs of title evidence. <br />If the power 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 shall mail copies of such notice in the manner prescribed by applicable law <br />to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, <br />Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. <br />Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time <br />and place and under the terms designated in the notice of sale in one or more parcels and in any order <br />Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement <br />at the time and place of any previously scheduled sale. Lender or its designees may purchase the Property <br />at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the <br />statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all <br />expenses of the sale, including, but not limited to, Trustee's fees as permitted by applicable law and <br />reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the <br />person or persons legally entitled to it. <br />16. Lender in Possession. Upon acceleration under paragraph 15 or abandonment of the Property, <br />Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession <br />of and manage the Property and to collect the rents of the Property including those past due. Any rents <br />collected by Lender or the receiver shall be applied first to payment of the costs of management of the <br />Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds <br />and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. <br />17. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall <br />request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing <br />debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and <br />without charge to the person or persons legally entitled to it. Such person or persons shall pay any recording <br />costs. <br />18. Substitute Trustee. Lender, at its option, may from time to time remove the Trustee and appoint <br />a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this <br />Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed <br />to all the title, power and duties conferred upon Trustee herein and by applicable law. <br />19. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to <br />Borrower's address which is 322 E. 9th Street, Grand Island, NE 68801. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this <br />Deed of Trust. <br />risto <br />ndy L. <br />Borrower <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF HALL ) <br />The foregoing promissory note was acknowledged before me on this day of 4 �2ti <br />2013, by Cindy L. Bristol, a single person, Borrower. <br />ri°a,&in,e 9ealad <br />Notary Public <br />GENERAL NOTARY - State of Nebraska <br />PATRICIA A. RAUERT <br />My Comm. Exp. Feb. 18, 2014 <br />3 <br />