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200410712 <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser a <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 sale <br />in the following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees <br />as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this <br />Security Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lenders in Possession. Upon acceleration under paragraph 19 or abandonment of <br />the Property, Lenders (in person, by agent or by judicially appointed receiver) shall be entitled to <br />enter 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 Lenders or the receiver shall be applied first to <br />payment of the costs of management of the Property and collection of rents, including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then <br />to the sums secured by this Security Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, <br />Lenders shall request Trustee to reconveythe Property and shall surrender this Security Instrument <br />and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall <br />reconvey the Property without warranty and without charge to the person or persons legally entitled <br />to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lenders, at their option, may from time to time remove Trustee <br />and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded <br />in the county in which this Security Instrument is recorded. Without conveyance of the Property, <br />the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein <br />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 contained <br />in this Security Instrument. <br />LANZENDORF HOLDINGS, LTD, a Partnership, <br />By: 0'r.4 I ja�� <br />Patti Jensen, eneral Paftner <br />STATE OF NEBRASKA ) <br />) ss. <br />COUNTY OF HALL ) <br />The foregoing was acknowledged before me on the 1 St day of November 2004, by Patti <br />Jensen, General Partner of Lanzendorf Hold' , LTD, Partnership, be the voluntary act and <br />deed of said partnership. <br />Not ry Public <br />z ERAL NOTARY St f Nebraska STEPHANIE L SPANEL My Comm. Exp. Nov. 22, 2004 <br />5 <br />