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: � . � :� ; �: 200000243 - If the power of sale is invoked,Trustee shall record a notice of default in each county in which any part of the Property is located and shall mail copies of such notice in the manner prescribed by applicable taw to Borrower and to the other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. Trustee,without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines.Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property.The recitals in the Trustee's deed s6all be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred,not to exceed % of the principal amount of the note at the time of the declaration of default, and reasonabte attorneys' fees as permitted by law; (b)to all sums secured by this Security Instrument;and(c)any excess to the person or persons legally entitled to it. 22.Reconveyance.Upon payment of a11 sums secured by this Securiry Instrument, Lender shall request Trustee to reconvey the Property and shall surtender this Security Instniment and all notes evidencing debt secured.by this Security Insttument to Trustee. 'i'rustee sha11 recon�ey fi.he Propei9y without vo�alral�t� and without charge to the persan or persans legally entitled to it.Such person or persons sha11 pay any recordation costs. 23.Substitute Trustee.Lender,at its option,may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an insttument recorded in the counry in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 24.Request for Notices.Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. 25.Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and sha11 amend and supplement the covenants and agreements of this Security Instrument as if the rider(s)were a part of this Security Instrument. [Check applicable box(es)] ❑ Adjustable Rate Rider ❑ Condominium Rider ❑ 1-4 Family Rider ❑ Graduated Payment Rider ❑ Planned Unit Development Rider ❑ Biweekly Payment Rider ❑ Balloon Rider ❑ Rate Improvement Rider ❑ Second Home Rider ❑ Other(s)[specify] BY SIGNII�iG BELOW, Borrower accepts and agrees to the terms and covenants contained in this Securiry Instrument and in any rider(s)executed by Borrower and recorded with it. Witnesses: � ��j _ ... . . .. . . . . ............................................. ��1��//.•l•:.�d��.............(Seal) EMMITT M. SIMS -Borrower Social Security Number .257.;80-8693................... ... . . .. . ................................................ .. . .�!.i�!r�..., �..�✓.�.w.�..............�Seal) VICKI J. SIMS -Borrower Social Security Number . 507-70-1485........ ..._ [Space Below This Line For Acknowledgment] Page 8 of 7 NE-2061-0899 _ i_