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<br />~, <br /> <br />. <br /> <br />at any sale. <br /> <br />200608701 <br /> <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's <br />deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of <br />the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the <br />following order: (a) to all expenses of the sale, including, but not limited to, Trustee's fees as <br />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 /> <br />16. Lender in Possession. Upon acceleration under paragraph 15 or abandonment of the <br />Property, Lender (in person, by agent or by judicially appointed receiver) shall be entitled to enter <br />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 Lender 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 /> <br />17. 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 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 <br />entitled to it. Such person or persons shall pay any recording costs. <br /> <br />18. Substitute Trustee. Lender, at their option, may from time to time remove the 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 <br />herein and by applicable law. <br /> <br />19. Request for Notices. Borrower requests that copies of the notices of default and sale <br />be sent to Borrower's address which is 2896 N. 130th Road, Cairo, NE 68824. <br /> <br />BY SIGN I NG BELOW, Borrower accepts and agrees to the terms and covenants contained <br />in this Deed of Trust. <br /> <br />~fk <br /> <br />Steven R. Kelm, Borrower <br /> <br />/rWIaJ1[/a J i;1J M <br /> <br />Amanda J. Kelm, Borrower <br /> <br />STATE OF NEBRASKA ) <br />) ss: <br />COUNTY OF HALL ) <br />oJ. <br />The foregoing was acknowledged before me on the;2;{ day of ~~ , 2006, by <br />Steven R. Kelm and Amanda J. Kelm, Husband and Wife, to be their voluntary act and deed. <br /> <br /> <br />~cpJ01lif <br /> <br /> <br />GUWLIOTARY-SIatI atllbnska <br />HEATHER D. HADENFELDT <br />c.nm. &p. _1l.2oo9 <br /> <br />4 <br />