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<br />88-105971 <br /> <br />If the po\toet of sale 15 fnyokcd, Trustee shall record a nallce uf deruul. In each cuunty in which nny part of the <br />Properly Is located knd shall mall copies of such notice In the monner prescribed b)' applicable low to Borrower and to the <br />other persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public noUce of <br />sale to the persons and In the manner prescribed by appUcable law. Trustee. wllhout demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place sod under the terms designated in the notice or sale in <br />one or more parcels and in any ordu Trustee determines. Trustee may postpone sale of all or Bny parcel unhe Property by <br />public announcement at the time and place of any previOUSly scheduled glee Lender or Its designee may purchase the <br />Property at any sale. <br />Upen receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee ,hall apply the proceeds 0' the ,al. In the 'ollowing order: (a) 10 all expenses 0' the sal., induding, but not limited <br />to, Trustee's rees as permitted by applIcable law and reasonuble attorneys' fees; (b) to ull sums secured by this Security <br />Instrument; sod (c) soy excess to tbe person or persons legally ~ntitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, lender (in <br />person, by agenl or by judicially appointed receiver) shall be entitled 10 enler upon. take possession of and manage the <br />Property and to collect the rents of the Propeny including those pa..t due. Any rents collected by Lender or the receiver <br />shall be applied first 10 payment of the costs of management of the Property and colleclion of rents, including, but not <br />limited to, receiver's fees. premiums on receiver's bonds and reasonable attorneys' fees. and then 10 the sums secured by <br />this Security Instrument. <br />21. Rec:onnyance. Upon payment of all sums secu~t:d by this Security ]nslrument, Lender shall request Trustee to <br />reconvey tbe Property and shall surrender this Security Insl 'ument and all tlotes evidencing debt secured by this Security <br />InstrumenllO Trustee. Trustee shall reconvey the Property \'tlthout warranty and without charge to 1he person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender, at its oplion. may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Securi1Y Instrument is recorded. <br />Without conveyance of 1he Property. the successor truslee shall succeed to all the lille, power and duties conferred upon <br />Trustee herein and bV aJJPlicabJe 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 />sel forth herein." <br />Z4. Riders to this Security Instrument. If one or more riders are execuled by Borrower and recorded together with <br />this Security Ins1rument, the covenants and agreements of each such rider shall be incorporated inlo and shall amend and <br />supplement the covenants and agrecmenls of this Security Instrument as if lhe rider(s) were a part of this SecurilY <br />Instrument, [Check applicahle bol(05)] <br />o Adjustable Rate Rider <br />o Gradualed Payment Rider <br />o Olbells) [specify] <br /> <br />D Condominium Rider <br />o Planned Unit Development Rider <br /> <br />o 2...4 Family Rider <br /> <br /> <br />BELOW. Borrower accepts and agrees 10 the terms and covenants contained in this Security <br />rider(s) executed by Borrower and recorded 1J. i. _ <br /> <br /> <br />(Sealift /J~./AR~J (/ l2,~/ f (Seal) <br />eorrower DEMISE U. IIESTPfAHl -8cmnwer <br /> <br />(Seal) <br />.Borrower <br /> <br />(Seal) <br />-Bo~ <br /> <br />ACKNOWLEDGMENT <br /> <br />I1We, lUam P. IESrPFI>>Il. And DEMISE U. IIESTPfIlL . ("TruSlor"), under that cenain Deed of Trust dated <br />tlavNber ~ th, )9 aa . (UDeed of Trust") to be entered into <br />amoung Trustor, TJC(I TITLE INSURANCE CMWIY <br />("Trustee") aDd CEHTIlAllllRrGl& CIIlPORAUIlt .l6eOO GRAUOr lIT, l1EIEH5 "1 48O-l3 <br />("Beneficiary") covering the following described prbperty:' , <br /> <br />LEGAL DESCRIPTION: LOr FWRTEEN ([41, KlIUllS SUBD1VISlIIt, eRAIDllSLAHll, HALL COOIfIV, HEBRASKA. <br /> <br />hereby ac1towledge that it is understood lhal (a) the Deed of Trust 10 be e~ecuted by Trustor is a nust 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 Truslor than a mortgage in the event of a default of breach of obligation. <br /> <br />Trusl0r Acknowledge!! that thi!> Acknowledgment wus made prior to the execution of Ihe Deed of Trust. <br /> <br />Executed and delivered Ihis <br /> <br />4 tI1 <br /> <br />day of <br /> <br />HovelbeT <br /> <br />. 19 sa <br /> <br />State or Nebraska ) <br />I... <br />County of Hall ) <br /> <br /> <br />The foregoing inslrumenl was acknowledged before mc this 4th day of. <br />November ,1988 . by Michael P. Westpfabl and Denise W. Westpfabl, <br />Husband and WHo <br />WilneJo.. my hand and notarial..eal al Grand Island In ..ait! COUIlIY. lhe dall' afurc,"aid <br /> <br />M) commi,,!oion c,,-pin:!Io: <br /> <br />1IBII.1JIUY-SIIII1l..1IU <br />1I01lllTA L IIIID <br />"CiIIII. '-l1li:1.1111 <br /> <br />.CY <br />Nouu. Puhlil: <br /> <br />~_JtuL <br />