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67-- 104861 If the power of sale is invoked, Truster %hall record a notice of default in each county in which say part of the + Property is located and shall mail copies of such woke in the limner prescribed by applicable law to Borrower 00,10 than , other persons prescribed by applicable law. After the time iregstlred by applicable law, Trustee shfalligive pablilic 00" of sale to the persons and In the manner prescribed by applicable law. Trustee, without demamd,owRarrowisir Property at public auction to the blabom bidder at the tiara and place and under the torms4esignatied la ,1 out or more parcels and In say order Trustee determines. Trustee may postpone sale of all or any parcel oY'tlm public announcement at the time mW place of any previously scheduled a&. header or Its ded#W mor Property at any sale. Upon receip of payment of the price blid. Trustee *ill diver to the purcluser TrusWi e Property. Tbo reel" in the Trustee's deed shall be prima facie evidence of the truth of the statemoots 111110 4m,* Trustee shall apply the proceeds of the ask in the following order: (a) to all expenses of the sale, kwOWN016 bsK Gist to. Trustee's fees as permitted by applicable law and reasonable attorneys' Ises; (b) to all suvmn seturcill Instrument; and (c) any exceu to the person or persons kWy entitled to it. 20. Leader is Possession. 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 mangle the Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the rot:civer shall be applied first to payment of the costs of management of the Property and collection of rents, including, but °not �a limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reeonveyanee. 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 shall 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 Trustee. 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." 21. Riders to this Security Instrument. If one 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 shalt amend and supplement the covenants and agreements of this Security instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)] Adjustable Rate Rider Condominium Rider V 2-4 Family Rider Graduated Payment Rider `1 Planned Unit Development Rider Other(s) [specify] BY SIGNING Br.LOW. Borrower accepts and agrees to the term d covenants contained in this Security instrument and in any rider(s) executed by Borrower and recorded with it. / f -(Seal) (Seaal) aZY RIMINI L. 777iiiffF Borrower Met 1 Seal) Seal) .Borrower —80r"Mv ACKNOWLEDGMENT 3t 1,We. NOW E. MET and PE66Y J. CBiM ( "Trusto: "), under that certain Deed of Trust dated 8tytmt 20 tk, 19 87 ( "Deed of Trust ") to he entered into arnoung Trustor, JlNM L 1 AEi1 ( "Trustee ") and MERI81t 101RTMIE� INC P.O. 8RI V, 68811 ISM, )E 6800'2 Ma " ( "Beneficiary ") covering the following described property: LEGAL DESCRIPTION: Sim frank Pap 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 Decd 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 ni..de prior to the execution of the Deed of Trust. Executed and delivered this 20 th day of k"st 19 87 (Trustor�� - - -- -- Trustor u ; State of Nebraska ) 61 )a. C;oaruy of Hall > The foregoing instrument was acknowledged before me this 20th day of, August ,19 87 by Robert E. Coffey and Peggy J. Coffey, Husband and Wife Fitness my hand and ndHanal %cal at Grand Island itt said t'ount%, the date atory %aid 'sin zo�ttmiavion exq�tres: ; ,� �, f ..� r , 111 wiTrNw I I