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/ i, t. ; , 200210508 ,� -z.µ IT 7 highest bidder at the time and place and under the terms designated in t e e Vsele tM oji!�o'i• more parcels 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. Lender 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, Trustee's fees as permitted by Nebraska Law and reasonable attorney fees; (b) to all sums secured by this security agreement; © to payment of junior trust deeds, mortgages or other lienholders; and (d) any excess to the person or persons legally entitled to it. 14. Upon acceleration under Paragraph 11 or abandonment of the property, Lender (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 Lender 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 attorney fees, and then to the sums secured by this security agreement. 15. Upon payment of all sums as herein provided, Lender shall direct Trustee to reconvey the property and shall surrender this security instrument and the note secured. Trustee shall reconvey the property without warranty and without charge to the persons legally entitled to it. 16. Lender 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 reconveyance of the property, the successor Trustee shall succeed to all the title, power, and duties conferred upon Trustee herein and by Nebraska Law. 17. If conveyance, assignment or transfer is made without the consent of the Lender, Borrower covenants and agrees that upon any conveyance, assignment or transfer of their interest in the premises, and property during the terms of the loan secured hereby, the Lender shall have the option of declaring the unpaid balance immediately due and payable, and if said sums remain unpaid for fifteen days, thereafter, Lender can cause Notice of Default to be given and the premises to be sold as provided herein. 18. Borrower requests that copies of all notices provided herein be sent to Borrower's address which is: Box 1346, Hastings, NE 68902. 19. Trustor hereby requests a copy of any notice of default and any notice of sale hereunder be mailed to it at the address set forth in paragraph 17 of this Deed of Trust. IN WITNESS WHEREOF, die said Mid- Nebraska Fotmdation. Inc. has hereunto caused its corporate seal to be affixed and these presents to be signer) by its corporate officer on this 26th day of September, 2002. Signed, scaled and delivered in presence or. DATED this 26th day of September, 2002. STATE OF NEBRASKA) )ss. COUNTY OF AAaM-s ___ ) FOUp�q � / -',"COPPORATE �• /J�+� SEAL Dr. David L. Bass, •• :"9ST /pGS• Chief Executive Officer •..... NOW on this the 26th day of Septcmber, 2002, before me, a Notary Public, in and for said State, personally appeared Dr. David L. Bass, of Mid - Nebraska Foundation. Inc., a corporation to me personally kno%m to be die Chief Executive Officer mid the identical person(s) whose nans(s) are affixed to the above conveyance, and acknowledged the execution thereof to be Ibeir voluntary act and decd as such otliccr(s) and the voluntary act and deed of said corporation :urd that the Corporate seal of the said corporation was thereto affixed by its authority. Witness my hand and Notarial Seal the day and year last above mitten. Yhitials: