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0 200504685 � <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the Property is located and shall <br />mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law. After <br />the time required by applicable law, Trustee shall give public notice of sale to the persons and in the .manner prescribed by applicable law. <br />Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms <br />designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of <br />the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property <br />at any sale, <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the <br />Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the <br />following order; (a) to all costs and expenses of exercising the power of .sale, and of the sale, Including the payment of the Trustee's fees <br />actually incurred, not to exceed % of the principal amount of the note at the time of the declaration of default, and reasonable <br />attorneys' fees as permitted by law; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally <br />entitled to it.. <br />22, Beconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall <br />surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without <br />warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. <br />23, Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder <br />succeed torWTe tltTerpouver en ed- uties' con which this <br />upon Security erefnr anen Instrument recorded. Without conveyance of the Property, the suc.cessar. trustee shat! <br />24. Bequest for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address, <br />25. <br />BY SIGNING BELOW,' Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any riders) executed by <br />Borrower and recorded with it. <br />Witnesses: <br />A/ I< <br />rrrower <br />(Seal) <br />rrrower <br />(Seal) <br />orrower <br />(Seal) <br />Borrower <br />STATE OF NEBRASKA ) <br />)ss; <br />COUNTY OF HALL ) <br />GENERAL NOTARY - State of Nehr- <br />The foregoing instrument was acknowledged before me. this 04/26/2005 I� CHERYL L KOSMICt. by <br />BRIAN K WRAGGE & SHELLY R WRAGGE, HUSBAND & WIFE My Comm. Exp, March 5, 2006 <br />My commission expires; C? del . <br />This instrument was prepared by: <br />J'ONI L,OY <br />LOAN PRODUCTION TECHNICIAN <br />AMERICAN FAMILY FINANCIAL, <br />SERVICES INC <br />(7 Copyright Compliance Systems. Inc. 1993, 1994, 1995, 1997, 1989 <br />MM121NEL619902AI Page 6of6 <br />err Olej, Notary Public <br />After recording return to: <br />AMERICAN FAMILY FINANCIAL <br />SERVICES INC <br />6000 AMERICAN PARKWAY <br />MADISON WI 53783 -0001 <br />Compliance Systems, Inc. <br />To Order: Call 800.968.8522 Fax 819.9591868 <br />