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if low power of We is invoked. Trust ill record's notice of default in each court ty in which any of Ow Property is kK*W end &W mall COO" of savils n e in the Pioneer proscribed by a law to Borrower and to the other persons preseriW by ap(tliealvk law. After Ow time re"lred by ttpplicabkt low, Trot 4W 1pve Of ask to the persons avull in the moenor proveribml by applicablio law, Trustee, witkom denauni an grower, 04 001, the hvivearty al public "Ohm to the o<tthe thew said OW 4101da the t _ . IP *9 "tic@'9(vmk to on or amt In any order Trustee dmoradoes. T may pompano eats, of all or say (Merl Of`tma' Isfoporly bY � pslik of this time and Ow of say previously schodialed sale. [Agdor or its may porstba" On proporw at few wile, x� Upen; rviaelpt of payment of the pries bid, Trualstv shall deliver to the pordwoor TrusWis 4#0 vionvoIZOW win evois The rooftak in *a T► 's OW " be ptrims' facie evidow of the truth of the statements a TrosinoshoM apply Ow proceeds of Ow salo In doe following erilltrt (8) to All ettOMM of the torte, l sp, tit t - tv,. TrWWs Am as periallovivil by opplJOW law w4roostmable moneys' fits (bi to all sum mad by the Sffw#y lswmw# ad (e) arty e to the or person legailly antitk d to it. 20. Looder in Possession. Upon acceleration under paraSraph 19 or abandonment of the Property. Lender (in part, 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 last due. Any rents collected by !ender or the receiver shell) 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. Reoesreytmee. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to racanvry the Property avid 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 Nett. Borrower requests that copies of the notices of default and sale be sent to Borrower's ad- dress which is tlW 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 shell 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 Hate Rider L-1 Condominium Rider ``; 2-4 Family Rider Graduated Payment Rider [ i Planned Unit i?evelopment Rider Other(s) [specify) BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instruments d in any er( executed by Borrower and recorded with it. ( Seal) _ "atuiscal) l) Max A. Bachman -eorro*ef Retlanie Sue Bachman — a°fPAef rSeal► Seal) eonowe, — aarewer a ACKNOWLEDGMENT t /We, Max A. and Melanie Sue Bachman ( "Trustor "), under that certain Deed of Trust dated September 24th, 1987 ( "Deed of Trust ") to be entered into s amoung Trustor, Lawyeis Title Insurance Corporation. ( "Trustee ") and Superior Mortgage, Inc., P.O. Box "S ", Grand Island, NE 68802 ( "Beneficiary ") covering the following described property: LEGAL DESCRIPTION: See Front Page 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 24th day of September .19 87 zX1 n rustor a tau f Trustor dn sue` ae alit t;' of Ball ) t, The foregoing instrument was acknowledged before me this 24th day of. September .19 87 by Max A. Bachman and Melanie Sue Bachman, Husband and Wife Wit ,, my hand and notarial seal at Grand Inland in said ( ount%, the dme aforesaid. A.fy ct�temission esptnes: q ;tiutn't - uF.hr i