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87 105 If the power of s iC Invoked, Trootte shall record a notice of default in each county in which an % t cif the Property is heat and shall trail copies of such notice in the manner prescribed by applicable law to Borrower and to the other persons prescribed by applicable law, After (he glow required by applicable law, Trustee shall give public notlew of sale to the persons and is the manner proscribed by applicable law, Trustee, without demand an Borrower, shalt $ail the prWrty at publie auction to the billibiest bidder at the time and place and under the terms deaignatwd in the stdict of sake fn oft or goorit piegigh and in toy order Trustee t eteresisws, Trustee may postpone sale of all or any parcel of'the Properly by Public tat Ilia time and place of any previously scheduled Role. fender or its d"Jigneg may purebasr the propectly at my sale. I Upon receilist of payeatem of the price bid, Trustee shall deliver to the purchaser Tr 's . deed conveylos Ilse Property. The l ihtls in the Tr 'e deed +Mall be prim facie evidence of the truth of the state is made therein. T apply the procistubs of the bale in the following order. (a) to all expo"o of the ante, including, but not limigiod to. T 's less to permitted by applicalik law and reasonable attorneys' foo; (b) to all sutra secured by this SOMitY loareasumin and (e) any excess to the parson or persons kagaily entitled to It, 20. tender is ressession, Upon acceleration under paragraph 19 or abandonment of the Property, I..cnder (in person, by Wni 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 r aver 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' fee+, and then to the sums secured by this Security Instrument. 21. Rcsonveyanee. Upon payment of all sums secured by this Security Instrument. L -ndcr 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 go the per". i or persons legally entitled to it. Such person or persons shall pay any recordation costs. 22. Submituile 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 taw. 23. RiNguest for Nalkes. borrower requests that copies of the notices of default and sale be sent to Borrower's ad- dress which is the Property Address. "Horrower further requests that copies of the notices of default and sale he person set forth herein." 24. Riders to ibis 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 beincorporated 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)] Adjustable Rate Rider Condominium Rider j 2-4 Family Rider Graduated Payment Rider 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 in tiny riider(%) executed by Borrower and recorded with it. { n— - _( Seal) _.®_ � k w". 1 (Seal) TNplAS E. RMS earm"f PATRICIA A. RMS — Borrower taw Seal) rnes, —Borrower ACKNOWLEDGMENT 1 /We, Tpg E. IrHOES and PATRICIA A. pt�ES ( "Trustor "), under that certain Deed of Trust dated Sptod" 25 th, 19 37 ( "Deed of Trust") to be entered into amoung Trustor, LWMYERS TITLE INSURANCE CORPOf MON ( "Trustee ") and SIMIOR MOM, INC P.O. BOX "S "t ORAN)t IWO, HE 6MW ( "Beneficiary") covering the following described property: LEGAL DESCRIPTION: See front pile hereby ackowledge that it is understood that la) the Deed of Trust to be executed by Trustor is a trust deed and not a mor- tgage and lb) 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 25 .th day of Sept"Ifer 19 97 ru�st)or TNOMtK E. RMOKS, Trustor PATRICIA A MKS of Nebraaita ) Ms. cows y of Hall ) The foregoing instrument was acknowledged before me this 25th day of, September t9 87 by Thomas E. Rhodes and Patricia A. Rhodes, Husband and Wife WancN% my hand and notarial seal at Grand Island in said CoU1113. the dale atl+lesaul. M. a rrtmtsstan expires: d mom r ! M 3