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If Ihe power of sale is invoked. Trustee shall recor~a8n=c ~ gfi~i1 e~ch county in which any part of Ihe Property is located and shall mail copies of such notice in Ihe manner prescribed by applicable law to Borrower and to the olher persons prescribed by applicable law. Afier Ihe time required by applicable law, Trustee shall give public notice of sale to the persons and in the manner prescribed by applicable law. 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 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'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 tbe sale in tbe following order: (a) to all expenses of tbe sale, includlng, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it, 20. Lender in Possession. Upon acceleralion under paragraph ]9 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 Ihe Propeny and to collect the renlS of the Propeny including those past due. Any renlS collected by Lender or Ihe receiver shall be applied first to payment of Ihe costs of managemenl of the Propeny and collection of renlS, including, but not limited 10, receiver's fees, premiums on receiver's bonds and reasonable allorneys' fees, and then to the sums secured by this Secu~ty Instrumenl. 21. Reconveyance, Upon payment of all sums secured by this Security Instrumenl, Lender shall requesl Trustee 10 reconvey the Property and shall surrender this Security Instrument and all noles evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Propeny without warranty and without charge to Ihe person or persons legally entitled lO it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Lender, at its option, may from time 10 lime remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrumenl recorded in the county in which Ihis Security Inslrument is recorded. Without conveyance of the Property, Ihe successor lruslee shall succeed 10 alllhe litle, power and dUlies conferred upon Truslee herein and by applicab]e law. 23. Request for Nollces. Borrower requests that copies of the nOlices of defaull and sale be sent to Borrower's ad. dress which is the Property Address. "Borrower further requesls that copies of the notices of default and sale be person set Forth herein." 24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of thiS Security Instrument as if the rider(s) were a pan of this SecurilY Instrument. [Check applicable box(es)] o Adjuslable Rate Rider o Graduated Payment Rider o Olher(s) [specify] o Condominium Rider o Planned Unit Development Rider o 2-4 Family Rider By SIGNING BELOW. Borrower accepts and agrees 10 the tennl\ and covenants contained Instrument and in any rider(s) executed by Borrower and recorded with il. (Seallc-~/1-<-~ LJ~ .80rrower LORRI A, WOOD in this Security ~~~~ - RANDY EE OD (Seal) -Borrower (ScalI -Borrower (Seal) -Borrower ACKNOWLEDGMENT I/We, RANDY LEE WOOD and LORRI A. WOOD Ilulust 3 rd, 19 88 amoung Trustor, LAllYERS TITLE INSlJRAHCE CORPORATION ("Trustee") and CENTRAL IlORTGAGE CORPORATION 3f>800 GRATIOT "T. CLE"EHS "1 48043 ("Beneficiary") covering the following described p:operty:' , . ("Truslor"), under thaI certain Deed of Trust dated , ("Deed of Trust") to be entered into LEGAL DESCRIPTION: See.Front Page hereby ackowledge lhat it is understood that (a) the Deed of Trust 10 be executed by Trustor is a trust deed and not a mor- tgage and (b) the power of sale provided for in the Deed of Trust provides substantially different righls and obligations 10 the Trustor than a mortgage in the event of a default of breach of obligation. Trustor Acknowledges that this Acknowledgment was made prior to the execution of the Deed of TrusL Executed and delivered this 3 rd day of August , 1988 f2au/~ ~ C;-l~ Truslor RANDY E WOOD c'~/],u 4' fz )~?l Trustor LORRI . WOOD Slale of Nebl'llska ) )55. County of Hall ) The Foregoing instrument was acknowledged beFor, me this 3rd ,19 88 ,I Randy Lee Wood Husban' and Wife Witness my hand and notarial seal at rand Islsnd day of. August and Lorri A. Wood, in said Coumy, Ihe dalc aforcsaid ... IDJAIlY-I!III " IIIInsb RaRRT" L RIED I!r llIM r..1IIr JI. till ci,~(( .. My commission expires: