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105821 REMECORDE087 If the (sower of sale is invoked, 'I'rusta shall Feetrrd a notice of default in sack eounty In which any port o Property is located sad shop mall colisles of such notice In the Mannar prescribed by applicable law to Borrower 041110 ON other pertains preser" by applicable low. After the time required by applicable law, Trustee shall give public polies of sale to the perms sad in the Mannar prwrowd by apptleAble low, Trustee, without demand on Borrower, #W sell the Property at "Mlic auction to the b t bidder at tt than and place sad under the terms deaigootod In the poke of in ON or more porcols, tool in any order Trustee tom. Trustee may postpone sale of all or any parent of'tk Property by public Mumquicstalwaill at the time sad glace of any previously scheduled sale. Lender or its deslow may Purchase the Property at any "Ic Upon racelpt of pay et of the price Mid, Truatac shall deliver to the pu Trustee's deed conveying ,thie The recitalle in the Trsattop% deed doll be prim facie evidence of the truth of the is me* thourela, Tree, tWy the Proceeds Of the t ha tht) wing fir: (w) Na all expenses of the stile, including, Mast not 1 td, Tesw*tftls fees ae passakied by applifelable law and eventleashk attorneys' fors; (b) to all sum soured by 04* Speorky ( and (cl any excess to the person or persons legally enticed to it. 29. Lehr 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 Pecs, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Recouveyance. 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 securf -A 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." 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)) Adjustable Rate Rider ❑ Condominium Rider (j 2-4 Family Rider Graduated Payment Rider ❑ Planner) 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 any rider(s) executed by Borrower and recorded with it. ( Seal ► (Se L 7 / •LOfrowrf R. wimb ` Seal) 47 f' - Borrower — Bar°we. ACKNOWLEDGMENT 1 /We, !AVID B. GRIMES, Sc. are, Cacal A. GCimas , ( "Trustor "), under that certain Deed of Trust dated Septeabirr 29 th, 19 V ( "Deed of Trust ") to be entered into amoung Trustor, Lawyers Title Insurance Corporation ( "Trustee ") znd SUPERIOR MOR16W, INC D.O. BOX "S ", NO ISLiVl9, HE 6M ( "Beneficiary ") covering the following described property: LEGAL DESCRIPTION: See Fran pig# 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 29 tk d y :elr 19 Trustor DAVID S. GRIMES Sr.� ^� 4121►_.�— Trustor e of Nebraska ) )ss. ('easily of Hall ) The foregoing inserument was acknowledged before me this 29th day of, Septsubw ,I9 97 by I2sv1d G. Ck'int r SC. QWA A. ikdJ9. Wife Witness my hand and notarial seal at in said County, the date afotcsaid. � Nn ry 110b11L° r``