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200406088 <br />determines. Trustee may postpone sale of all or any parcel of the Property by public <br />announcement at the time and place of any previously scheduled sale. Lender or their <br />designees 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 the <br />sale in the following order: (a) to all expenses of the sale, including, but not limited to, Trustee's <br />fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by <br />this Security Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment <br />of the Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled <br />to enter upon, take possession of and manage the Property and to collect the rents of the <br />Property including those past due. Any rents collected by Lender or the receiver shall be <br />applied first to payment of the costs of management of the Property and collection of rents, <br />including, but not limited to, receiver's fees, premiums on receiver's bonds and reasonable <br />attorneys' fees, and then to the sums secured by this Security Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, <br />Lender shall request Trustee to reconvey the Property and shall surrender this Security <br />Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. <br />Trustee shall reconvey the Property without warranty and without charge to the person or <br />persons legally entitled to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender, at their option, may from time to time remove <br />Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument <br />recorded in the county in which this Security Instrument is recorded. Without conveyance of the <br />Property, the successor trustee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />23. Request for Notices. Borrower requests that copies of the notices of default and <br />sale be sent to Borrower's address which is set forth herein. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants <br />contained in this Security Instrument. <br />William M. Nance <br />STATE OF NEBRASKA ) nck <br />) ss. J�► 1 e Nance <br />COUNTY OF HALL ) <br />The foregoing was acknowledged before me on the L day of June 2004, by William <br />M. Nance, a married person, to be his voluntary act deed. <br />GENERAL NOTARY-State of Nebraska Notary FVublic <br />JANICE K. BOEHLE <br />My Comm. Exp. March 27, 2005 <br />STATE OF NFEPASKA) <br />COUNTY OF FIALI, <br />The foregoing instrument was acknowledged before re on /1 day <br />June, 2004 by Janice Nance, wife of William M. Nance, to he her voluntary <br />act and deed. f <br />GENERAL NOTARY -State of Nebraska <br />JANICE K. BOEHLE t � <br />my Comm. Exp. March 27, 2005 No to Public <br />' <br />5 <br />