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. 87-144624 If the power of sale is invoked, Trustee shall record a notice of default in each county in which any pert of the Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the other pernams prescribed by applicable law. After the time required by applicable law. Trustee shall give public notice of sale to the persons and in the manster prescribed by applicable law. Trustee, without demand on Borrower, shall sell the M pubhc auction to at the time and place and under the terms designated in the notice of sale in on or mesa parcels and in any order T . Trustee may postpone sate of all or say parcel of the Property by pubilic announcement at the time arm place of any Previously scheduled sate. Lender or its designee may purchase the Property at any Upon receipt of payment of the Price bid, Trice shall deliver to ibe purchaser Trustee's deed conveying the . The in the Trustee's deed shall be prima fitcle evidence of the truth of the statements made therein. Truslue diall sipply, the precoods of the mile is the b4owina order: (a) to all expenses of the sale, including, but no limited to. Trustees is as permitted by applicable law and ressionable attorneys' fees; (b) to all sums secured by this Security and (c) say excess to the person or Persons legally entitled to it. 20. Lender is PomnsoWn. Upon acceleration under paragraph 19 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 the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums (in receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyonce. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shalt reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Tree. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's ad- dress which is the Property Address. "Borrower further requests that copies of the notices of default and sale be person set forth herein." 24. Res to this Security Instrument. If (rte 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 Security Instrument. [Check applicable box(es)] Adjustable Rate Rider Condominium Rider 2-4 Family Rider Graduated Payment Rider Planned Unit Development Rider Others) [specify] BY SIGNING BEa -Ow. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any riders) executed by Borrower and recorded with it e 'veal) 7 W jr '� 'T'tr d1 VIy`t �%lld RO ($cal) I y..�...- ..._.._._ -_ - - -. --Borrower r Seal) /Seal) - l3�rttr — Borrower ACKNOWLEDGMENT ltWe, ORVIUE MEM aoil TYOlK 6T ("Trustor "), under that certain Deed of Trust dated Atgast 3 v{, t9 87 , ( "Deed of Trust ") to be entered into amoung Trustor, Tim 71111 I ( "Trustee") and ORION NUME, K P.O. BOX V, 6NO IRM, fA MM ("Bc ficiary ") covering the following described property: LEGAL DESCRIPTION: ges frost k" hereby ackowledge that it is understood that (a) the Deed of Trust to 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 rights and obligations to 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 Trust. Executed and delivered this a ?e day of August 19 di 5 Trustor 1Ll.E �y Tr or Stale of Nebraska ) C of 14ALL 1 The I'mrgswaiii in>trumcm was acknow1rdted before tric this 3rd day of. August .19 87 ,tsy OrviAle Gydeaen and Yvonne Gydesen, Husband and Wife Writ . era% hand and tsmmartat +:cal at Grand Island in said County, the date aforesaid M c vim calm. 11Br►n1a