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�� 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. Beneficiary 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 shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of sale in the following order: (a) to all expenses of the sale including,but not limited to,attorney's fees and Trustee's fees,which Trustee's fees shall be one half of one percent(.5%)of the original principal amount of the Note secured hereby,or less at the discretion of the Trustee,but not exceeding one half of one percent(.5%); (b) to all sums secured by this security agreement;and (c) any excess to the person or persons legally entitled to it. 14. Upon acceleration under Paragraph 12 or abandonment of the property, Beneficiary(in person, by agent or by judicially appointed receiver)shall be entitled to enter upon, take possession of, and manage the property, and to collect the rents of the property,including those past due. Any rents collected by Beneficiary or the receiver shall be applied first to payment of the costs of management of the property and collection of rents including,but not limited to,receiver's fees,premiums on receiver's bonds and reasonable attorneys fees,and then to the sums secured by this security instrument. 15. Upon payment of all sums as herein provided,Beneficiary shall direct Trustee to reconvey the property,and shall sunender this security instrument and the note secured. Trustee shall reconvey the property without wananty to the persons legally entitled at a fee of no more than Fifty Dollars($50). 16. Beneficiary,at its option,may,from time to time,remove Trustee and appoint a successor Trustee by an instrument recorded in the county 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 Nebraska law. 17. The note for which this Deed of Trust is given to secure is non-recourse to the Trustor. The only recourse is against the property described herein. 18. Without any separate subordination agreements this Deed of Trust is subordinate to a Deed of Trust in fa�or of the Community Redevelopment Authority of the City of Grand Island,Nebraska or Five Points Bank on account of a loan in conjunction with a redevelopment contract;a Deed of Trust in favor of Five Points Bank on account of a loan for long term financing;and,a Deed of Trust in favor of Ward F. Hoppe on account of deferred development fees. Beneficiary agrees to execute separate written subordination agreements for each of such liens,if any,if requested by Trustor. GI CHERRY PARK,LTD.TWO By GILI,LLC,its General Partner By /� Ward F.Hoppe,M er The foregoing Deed of Trust was acknowledged before me this 1` day of L�C�� 1998 by Ward F.Hoppe,Manager of GILI,LLC,General Parmer of GI Cherry Park,Ltd.Two,Trustor,to be its voluntary a and d d. , _ � � ,� GENERAL N01ARY�State o!Nebras�a t Public �� KfNORA Q.PEACOCK My Comm.Exp.lune.,2001 D:\WPDISKS\WPDATA�F'RED\GILI2\GILI2deedofitust.wpd � I .