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<br />88- 104460 <br /> <br />and apply such rents and profits according to the orders of the <br /> <br />court. <br /> <br />12. <br /> <br />POWER OF SALE: <br /> <br />Trustor grants a power of sale to <br /> <br />Trustee to sell the Property upon a default and the <br /> <br />acceleration of the balance due. <br /> <br />If Beneficiary elects in <br /> <br />writing ~o cause the power of sale to be exercised, Trustee <br /> <br />shall: <br /> <br />a. Give the notice of default and notice of aale <br /> <br />required by law. <br />b. Sell the Property at public auction to the hig'_dst <br /> <br />bidder. <br /> <br />c. Convey the Property to the purchaser, without <br /> <br />warranty. <br />d. Apply the proceeds as required by law. <br /> <br />13. ADDRESSES: <br /> <br />The addresa of the Trustors shsll be 804 South Vine, Grand <br /> <br /> <br />Island, Nebraska. <br /> <br /> <br />The address of the Trustee is 417 West Avenue, P. O. Box <br /> <br /> <br />193, Holdrege, Nebraska 68949. <br /> <br /> <br />The address of the Beneficiaries is 510 Eleventh Avenue, <br /> <br /> <br />Holdrege, Nebraska 68949. <br /> <br /> <br />14. REQUEST FOR NOTICE: Trustor hereby request that a copy <br /> <br /> <br />of any notice of default Bnd Bny notice of sale be mailed to <br /> <br /> <br />Trustor. <br /> <br />15. <br /> <br />NOTICES: <br /> <br />Any notice shall be in writing and shall be <br /> <br />personally served or mailed by certified mail, postage prepaid, <br /> <br />return receipt requested. <br /> <br />Any address for notices may be <br /> <br />changed by delivering or mailing a notice of such change to all <br />other parties of this Deed of Trust. <br /> <br />16. <br /> <br />APPOINTMENT OF SUCCESSOR TRUSTEE: <br /> <br />Beneficiary may <br /> <br />appoint a successor Trustee by recording a Substitution of <br /> <br /> <br />Trustee. executed and acknowledged by Beneficiary, in the <br /> <br /> <br />county in which the property is situated. The Substitution of <br /> <br /> <br />Trustee shall also be mailed to the Trustor. Any Trustee named <br /> <br />4 <br />