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200305583 <br />without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place <br />and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. <br />Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place <br />of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's Deed conveying the <br />Property. Trustee shall apply the proceeds of sale in the following order: (a) to all expenses of the sale <br />'including, but not limited to, Trustee's fees as permitted by Nebraska law and reasonable attorney fees; (b) to <br />all sums secured by this Deed of Trust; and (c) any excess to the person or persons legally entitled to it. <br />15. As additional security for the Debt, Borrower hereby assigns all rents, issues and profits of the Property to <br />Lender. Upon acceleration under paragraph 13 or abandonment of the Property, Lenders (in person, by agent <br />or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property <br />and to collect the rents of the Property, including those past due. Any rents collected by Lender or the receiver <br />shall be applied 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, and then to the <br />sums secured by this Deed of Trust. <br />16. Upon payment of all sums as herein provided, Lender shall direct Trustee to reconvey the Property and shall <br />surrender this Deed ofTrust andthe Debt seemed hereby. Trustee shall reconveythe Property without warranty <br />and without charge to the person legally entitled to it. <br />17. Lender, at its option, tray from rime to time remove Trustee and appoint a successor Trustee by an instrument <br />recorded in the county in which this Deed of Trust is recorded. Without conveyance of the Property, the <br />successor Trustee shall succeed to all the title, power and duties conferred upon Trustee herein andby Nebraska <br />law. <br />18. Borrower r equests t hat c epics o f a 11 n otices p rovided herein b e s ent t o B ormwer's a ddress hereinahove <br />indicated. <br />IN WITNESS WHEREOF the Borrower has signed this Deed of Trust on the date first noted above. <br />CLG rLC�T/ <br />GARY 7 ON, Trustor <br />STA'T'E OF NEBRASKA ) <br />) as. <br />COUNTY OF HALL ) <br />F. FOREGOING INSTRUMENT was acknowledged before me on the /S I— day of <br />2003, by Gary Jacobson, Trustor. <br />EFl" Noimy -state aI "'A <br />(iALEN E. STEHUK <br />My Cant E* May 1, 2006 <br />X EALESTATEJACOBSONGAAY- JACOBSONTRIIti I'. IXrr <br />3. <br />