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200800275
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1/14/2008 7:43:44 AM
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DEEDS
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200800275
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<br />200800275 <br /> <br />of all or any parcel of the property by public announcement at the time and place of any previously scheduled sale. <br />Lender or its designee may purchase the property at any sale. <br /> <br />Upon 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 shall apply the proceeds of sale in the following order: (a) to all expenses of the sale including, but not limited to, <br />Trustee's fees as permitted by Nebraska law and reasonable attorney fees; (b) to all sums secured by this security <br />agreement; and (c) any excess to the person or persons legally entitled to it. <br /> <br />14. Upon acceleration under Paragraph 12 or abandonment of the property, Lender (in person, by agent or by <br />judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the property and to collect <br />the rents of the property, including those past due. Any rents collected by Lender or the receiver shall be applied first to <br />payment of the costs of management of the property and collection of rents including, but not limited to, receiver's fees, <br />premiums on receiver's bonds and reasonable attorney fees, and then to the sums secured by this security instrument. <br /> <br />15. Upon payment of all sums as herein provided, Lender shall direct Trustee to reconvey the property and shall <br />surrender this security Instrument and the note secured. Trustee shall reconvey the property without warranty and without <br />charge to the persons legally entitled to it. <br /> <br />16. Lender, at its option, may from time to time remove Trustee and appoInt a successor Trustee by an <br />instrument recorded the county in which this security Instrument Is recorded. Without conveyance of the property, the <br />successor Trustee shall succeed to aU the title, power and duties conferred upon Trustee herein and by Nebraska law. <br /> <br />17. Borrower requests that copies of all notices provided herein be sent to Borrower's address which is Housing <br />Plus P.O. Box 335, Central City, NE 68826. <br /> <br />IN WITNESS WHEREOF the Borrowers have sIgned this agreement. <br /> <br />(t1, 't..- Cx-u( ~ <br /> <br />Mike Bechtold <br /> <br /> <br />STATE OF NEBRASKA: <br /> <br />COUNTY OF ~Va lIe y <br />Owl' '-"t-D8 <br />The foregoing instrument was acknowledged before me on January 9, 2008 by Mike Bechtold and Kristal <br />Bechtold, husband and wife. <br /> <br />: ss. <br /> <br />~I'''I' GENERAL NOTARY - State of Nebraska <br />DEAN W. FAIiRENHOLZ <br />... My Comm. Exp. May 30, 2008 <br /> <br />;iku- '/A) -:i~OMlf <br />Notary Public <br /> <br />r.~.-~-. <br />
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