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<br />. <br /> <br />. <br /> <br />200710573 <br /> <br />the proceeds of sale in the following order: (a) to all expenses of the sale including, but <br />not limited to, Trustee's fees as permitted by Nebraska Law and reasonable attorney <br />fees; (b) to all sums secured by this security agreement; and (c) any excess to the <br />person or persons legally entitled to it. <br /> <br />13. Upon acceleration under Paragraph 11 and 12 or abandonment of the <br />property, Lender (in person, by agent or by judicially appointed receiver) shall be <br />entitled to enter upon, take possession of and manage the property and to collect the <br />rents of the property, including those past due. Any rents collected by Lender or the <br />receiver shall be applied first to payments of the costs of management of the property <br />and collection of rents including, but not limited to, receiver's fees, premiums on <br />receiver's bonds and reasonable attorney fees, and then to the sums secured by this <br />security agreement. <br /> <br />14. Upon payment of all sums as herein provided, Lender shall direct Trustee to <br />reconvey the property and shall surrender this security instrument and the note secured. <br /> <br />Trustee shall reconvey the property without warranty and without charge to the persons <br />legally entitled to it. <br /> <br />15. Lender at Lender's option may from time to time remove Trustee and appoint <br />a successor Trustee by an instrument recorded in the county in which this security <br />instrument is recorded. Without conveyance of the property, the successor Trustee <br />shall succeed to all the title, power, and duties conferred upon Trustee herein and by <br />Nebraska Law. <br /> <br />16. If conveyance, assignment or transfer is made without the consent of the <br />Lender, Borrower covenants and agrees that upon any conveyance, assignment, or <br />transfer of Borrower's interest in the premises, and property during the term of the loan <br />secured hereby, the Lender shall have the option of declaring the unpaid balance <br />immediately due and payable, and if said sums remain unpaid for fifteen days, <br />thereafter, Lender can cause Notice of Default to be given and the premises to be sold <br />as provided herein. <br /> <br />17. Borrower requests that copies of all notices provided herein be sent to <br />Borrower's address which is: 1711 South Stuhr Road, Grand Island, NE 68801. <br /> <br />IN WITNESS WHEREOF, the Borrower have signed this Agreement. <br /> <br />Borrower: <br /> <br />DIAMOND G ENTERPRISES, LLC, a <br />Nebraska Limited Liability ~zy <br /> <br />dh ~/c-)(L ( <br />BY :1'. Z - ~ ~-z:....- <br />Donald E. "Gene" ~, Manager <br />Graves <br /> <br />STATE OF NEBRASKA <br />COUNTY OF .~ <br /> <br />) <br />: ss. <br />) <br /> <br />On this (1 day of rf)~ ,2007, before me, a Notary Public, <br />in and or said County, personally appeared Donald E. "Gene" Graves as Manager of <br />Diamond G Enterprises, LLC, to me known to be the identical persons named in and <br />who executed the foregoing instrument and acknowledged that they executed the same <br />as their voluntary act and deed. <br /> <br />.J;GENERAL NOTARY. State of Nebraska <br />GALEN E. STEHLIK <br />. . '.:.: ,.. My Comm. Exp. May 1,2010 <br /> <br />N~~ <br />