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201403203 B. Reconvevance: When the obligation secured by this Deed of Trust has been satisfied, the Trustee shall, upon written request by the Beneficiary, reconvey the trust property. The Grantee in any reconveyance shall be the Trustor or its successor in interest. The Beneficiary shall deliver to the Trustor the Deed of Trust and the Promissory Note shown as satisfied and paid in full. In the event the Beneficiary improperly refuses to request a reconveyance from the Trustee, the Trustor shall have the rights and remedies as set forth in Section 76 -1014 of the Nebraska Statutes as the same are constituted at the time this Deed of Trust is executed. C. Default and Deficiency Judgment Procedure: Upon default by Trustor in the payment of any indebtedness secured hereby or in the performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of a written declaration of default. If Beneficiary desires said property be sold, it shall deposit with Trustee this Deed of Trust and all Promissory Notes and documents evidencing expenditures secured hereby, and shall deliver to Trustee a written Notice of Default and election to cause said property to be sold in the form required by law, which shall be duly filed for record by the Trustee. Sale and distribution procedure shall be as follows: (1) After the lapse of such time as may be required by law following the recordation of said Notice of Default, and Notice of Sale having been given as required by law, Trustee, without demand on Trustor, shall sell said property on the date and at the time and place designated in said Notice of Sale, at public auction to the highest bidder, the purchase price to be payable in lawful money of the United States at the time of sale. The person conducting the sale may, for any cause he deems expedient, postpone the sale from time to time until it shall be completed, and in every case, notice of postponement shall be given by public declaration thereof by such person at the time and place last appointed for the sale; provided, if the sale is postponed for longer than one day beyond the day designated in the Notice of Sale, notice thereof shall be given in the same manner as the original Notice of Sale. Trustee shall execute and deliver to the purchaser its deed conveying said property so sold, but without any covenant or warranty, express or implied. The recitals in the deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including the Beneficiary, may purchase at the sale. (2) When Trustee sells pursuant to the powers herein, Trustee shall apply the proceeds of sale to the payment of costs and expenses of exercising the power of sale and of the sale, including payment of Trustee's fees actually incurred, which Trustee's fees shall be in the amount of $50.00 or one -half of one percent of the entire unpaid principal sum secured, whichever is greater; and then to the items in