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i 105038 if the power of sale is invoked. Trustee shall record a notice of default in each county in which any part of the Property is bleated and shall mall copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons proscribed by applicable law. After the time required by applicable law, Trustee shall give public notice of sale to the persons And In the manner proscribed by applicable law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the 00190 of sale In one or aim pareels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of'tbe Property by public at the time and place of any previously scheduled sale. Lender or its designee may purchase the Ptroperty at any sets. Vilain receipt of payment of the price bid, Trustee Mall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prime facie evidence of the truth of the statements made therein. Tree shell apply the proceeds of the sate in the following order: (a) to all expenses of the sale, Including, but not limited to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; to(e) any excess to the person or persons legally entitled to it. 20 lender in 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 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 on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reeoeveyeace. 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 Tutee. 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. 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 shall 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)] [1 Adjustable Rate Rider Condominium Rider u 2-4 Family Rider f- Graduated Payment Rider u Planned Unit Development Rider ❑ Other(s) [specify] BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and �i/njany rider(s) executed by Borrower and recorded with it. � (Seal) / t� /.,1__ g— F.? /t (seal) - eorfower KA INE 6 1�E6 — Borrower (Seal) (Seal) -Borrower — Borrower ACKNOWLEDGMENT Uwe, VULINI H. MINBE aM KATIEM & MIKOE ( "Trustor "), under that certain Deed of Trust dated Kspst 21 st, 19 47 , ( "Deed of Trust ") to be entered into amoung Trustor, TICM TITLE IIIRWAI.E CWW ( "Trustee ") and MMINt II01111MOEt, Il1C P.O. MK( -V, WAR ISM, ME 6Ar102 ( "Beneficiary ") covering the following described property: LEGAL DESCRIPTION: Ss! Freat 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 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 21 st day of Aspst 19 67 Trustor YILLIAK A. MMME Trustof KNi !Role of Nebraska 1 )ss. County of Ball ) The foregoing instrument was acknowledged before me this 21st day of, August ,19 87 by William B. Barge and Katherine G. Barge, Husband and Wife Witness m) hand and notarial seal at Grand Island in paid (stout the date at,me. aid ' 1W =11WIllurvilk LiM vnta y 1 uhlir i