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20040056' <br />12. If the power of sale is invoked, Trustee shall record a notice of default in each <br />county in which any part of the property is located and shall mail copies of such notice in the <br />manner prescribed by Nebraska law. Trustee shall give public notice of sale to the persons <br />and in the manner prescribed by Nebraska law. Trustee, without demand on Trustor, shall <br />sell the property at public auction to the highest bidder at the time and place and under the <br />terms designated in the notice of sale of all or any parcel of the property by public <br />announcement at the time and place of any previously scheduled sale. Beneficiary or its <br />designee may purchase the property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser <br />Trustee's Deed conveying the property. The recitals in the Trustee's Deed shall be prima facie <br />evidence of the truth of the statements made therein. Trustee shall apply the proceeds of sale <br />in the following order: (a) to all expenses of the sale including, but not limited to, Trustee's <br />fees as permitted by Nebraska law and reasonable attorney fees; (b) to all sums secured by <br />this security agreement; and (c) any excess to the person or persons legally entitled to it. <br />13. Upon acceleration under Paragraph 12 or abandonment of the property, <br />Beneficiary (in person, by agent or by judicially appointed receiver) shall be entitled to enter <br />upon, take possession of and manage the property and to collect the rents of the property, <br />including those past due. Any rents collected by Beneficiary or the receiver shall be applied <br />first to payment of the costs of management of the property and collection of rents including, <br />but not limited to, receiver's fees, premiums on receiver's bonds and reasonable attorney fees, <br />and then to the sums secured by this security instrument. <br />14. Upon payment of all sums as herein provided, Beneficiary shall direct Trustee <br />to reconvey the property and shall surrender this security instrument and the note secured. <br />Trustee shall reconvey the property without warranty and without charge to the persons <br />legally entitled to it. <br />15. Beneficiary, at its option, may from time to time remove Trustee and appoint a <br />successor Trustee by an instrument recorded in the county in which this security instrument <br />is recorded. Without conveyance of the property, the successor Trustee shall succeed to all the <br />title, power and duties conferred upon Trustee herein and by Nebraska law. <br />16. Trustor requests that copies of all notices provided herein be sent to Trustor's <br />address which is 721 S. Stuhr Road, Grand Island, NE 68801. <br />IN WITNESS HEREOF, the Trustor has signed this agreement. <br />�j <br />An ew L. banner, Trustor Dawn M. Danner, Trustor <br />STATE OF NEBRASKA ) <br />ss. <br />COUNTY OF HALL ) <br />The foregoing instrument was acknowledged before me on this 161' day of January, <br />2004, by Andrew L. Danner and Dawn M. Danner, husband and wife, Trustor. <br />GENERAL NOTARY - State of Nebraska <br />MARNIE SCHAGER SUNDERMEIER �� I� �n -1 oz <br />k ( <br />My Comm. E�. Sept A, 2007 �, I,l, \ <br />