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<br />.J <br /> <br />If Ihe power of sale is invoked, Truslee shall record a notice of default in each coun~y~::hic+9y~~Qf(t <br />Properly is located and shall mail copies of such notice in Ihe manner prescribed by applicable law to Borrower and to the <br />other persons pres~ribed by applicable law. After Ihe time required by applicable law, Trustee shall give public notice of <br />sale 10 the personund in the llI,anner prescribed by applicable law. Trustee, without demand on Borrower. shall, seUthe <br />Property at public, auction to the highest bidder at the time and place and under the terms designated in ,the notice, of sale in <br />one or nlOreparcels and in any order Trustee determines. TI'ustee may postpone sale of ...:: ::>r any parcel anhe Property by <br />public announcementaUhe tinie and place of any previously scheduled sale. Lender or its designee may purchase the <br />Propertyatanysale;"", ' , , ""'",":. <br />" UJIOnreceipt, of Paynuintof the price bid, Trustee shall deliver tathe purchaserTrustee'sd~edconveyjngthe <br />Property; The recihlls'in the Trustee's deed shall be prima facie evidence of the truth of the statemelltsmad~therein. <br />lrus~Cl!shall apply the Jlroceeds ofthe sale in ,the following order: (a) to all expenses of the sale, including, but Dot limited <br />to, Trustee's fees upennitted by'applicablelawandreuonable attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (c)lInyexces.stothe person or persons legally entitled to it. ',' ., <br />,20., Lender:iifPossession. Upon acceleriuion under paragraph 19 or abandonment of Ihe Property, Lender (in <br />person, by agenror by judicially appoinled receiver) shall be entitled to enter upon, take possession ofand mariagethe <br />Property and, to collecHlie rerils,oflhe Property including those past due, Any rents collected by Lenderar the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, induding. but nol <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable allomeys' fees, and then to the sums secured by <br />this Security Instrument, ' <br />21.~econveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Properly and shall surrender Ihis Securily InslrumenL and all notes evidencing debt'secured by this Security <br />:Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />legally entitled to it Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender. at its option, may from lime to time remove Trustee and appoint a successor truslee <br />10 any Truslee appointed hereunder by an instrument recorded in Ihe county in which this Security Instrument is recorded. <br />Wilhout conveyance of Ihe Property, the successor trustee shall succeed to all the title, power and duties conferred upon <br />Trustee herein and by applicable law. <br />23, Requesl for Notices, Borrower requests that copies of the notices of default and sale be sent to Borrower's ad- <br />dress which is the Property Address. "Borrower further requests that copies of the notices of default and sale be person <br />set forth herein." <br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with <br />this Security Instrument. the covenants and agr~ments of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if Ihe rider(s) were a part of this Security <br />Instrument. [Check applicable box(es)) <br />o Adjustable Rate Rider <br />o Graduat,ed Payment Rider <br />o Other(s) [specify] <br /> <br />_U_~I <br />";'i <br />'i <br /> <br />:j: <br /> <br />o Condominium Rider <br />o Planned Unit Development Rider <br /> <br />o 2-4 Family Rider <br /> <br /> <br />this Security <br /> <br />(Seal) <br />-Borrower <br /> <br />(Seal) <br />-Borrower <br /> <br />(Seal) <br />-Bor...- <br /> <br />ACKNOWLEDGMENT <br /> <br />I/We, BRlIDLEY S. REEH ,ntI JODIE L. REEH <br />Iliy 19 tb, 19 M <br />amoung Trustor, LAIIYERS TITLE INSURAllCE CORPORATION <br />("Trustee") and CENTRJlI. IlOIlTiiAGE CORPORllTlON 36800 GRATlOT "T. CLEllEHS "I 48043 <br />("Beneficiary") covering the following described pr~perty:' , <br /> <br />. ("TruslOr"), under that certain Deed of Trust dated <br />. ("Deed of Trust") to be entered into <br /> <br />LEGAL DESCRIPTION: <br /> <br />See Front P,.e <br /> <br />hereby ackowledge that it is understood that (a) the Deed of Trust to be executed by Trustor is a rrust deed and not a mor- <br />tgage and (b) the power of sale provided for in the Deed of Trust provides substantially different rights and obligations <br />to the Trusror than a mortgage in the event of a default of breach of obligation. <br /> <br />Trustor Acknowledges that this Acknowledg~enl was made prior 10 the execution of the Deed of Trust. <br /> <br />Executed and delivered this <br /> <br />19 tb <br /> <br />,,,of <~ 2<- <br />1'rfIfIOr BRADlEY REEH <br />,1 <br />(/:O{)~ftrl ~~" tL <br />Trust 0 . <br /> <br />Sllle of Ncbruka ) <br />Jns, <br />Coullly of Hall I <br /> <br />The foregoing instrument was acknowledged before me Ihis 19th day of. <br />Hay ,19 BB ,by Bradley 5.. Reeh and Jodie L. Reeh <br />Husband and Wife <br />WitnC'~ my hand Dnd notarial seal at Grand Island in said Counly. the dale afore",icl, <br /> <br />My commission e~l'ire': <br />&Ill _... II.... <br />IIOIIIRTA L RIED <br />1Ir.... f.IJ ... - <br /> <br /> <br />~ti.{(L_/.~~~-.~~ <br />~foJH>Uh'k V~ <br />