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if the power of sale Is Invoked, Trustee shall record a notice of default in aacN comply to of on Property is Iocoled and shall mail copies of such notice in the manner prescribed by oppl[w law to or � other persons prescribed by applicable law. After the time required by applicable law, Tr $bell give sale to the persons and to the manner prescribed by applicable law, Trusitee, without demand an'Rormwer, old! the Property of public auction to the bloost bidder at the time and place and under the lorma doosilginsiod le the 0900 of fi* In 7 ( one or mare poreels and In say order Trustee determines. Trustee may postpo e isdis of all or any porcol of like proopor'llii, by , publle annoaneement at the time and piece of any previously scheduled sale, leer or its dosip may pstraliese'llho ( � Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's dud com-eying Op s. Property. The recitals In the Trustee's deed shall be prima facie evidence of the froth of the Ogfmo$O,m - 0 " Trustee shall apply the proceeds of the sate in the following order: (a) to ail expose" of the ask, halt 00 t h to. Trustee's fees as permitted by applicable law and reasonable attorneys' fees, (b) to all sums ismined by the Security Instrument; wall (c) 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 he entitled to enter upon, take post 'on 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 AR shall be applied first to payment of the costs of.mana management of the Property and collection of rents, including, but not Pp P Y g 1 Y i >, limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the suns cured by this Security Instrument. 21. Recosveyaace. 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 in recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferrer) 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 ] 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 anck in any rider(s) exe used by Borrower and recorded with it. 4. (Seal) A- E[rj (Seal) Borrower — Borrower (seal) (Seal) - Borrower — Borrower - ACKNOWLEDGMENT I /We LYL£ F, MUCH and TAMYA L. MCKEIt ( "Trustor "), under that certain Deed of Trust dated (ktober 8 th, 19 87 , ( "Deed of Trust ") to be entered into amoung Truster, LAVERS TITLE INSURANCE CORPORATION 5 ( "Trustee ") and SUPERIOR MORTGAGE, INC P.O. BOX "S ", GRAND ISLAND, HE 68802 ( "Beneficiary ") covering the following described property: LEGAL DESCRIPTION: See Front Pale 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 8 th day ai October 1987 Trustor r��<—'\� r�iisit;� ^— TAl(Ya ----------- -.__._ - - - -° State of Nel rsdta 1 )ss. LCourtly of Hall ) [he foregoing instrument was acknowledged before me this 8th day of. October .19 87 . by Lyle F. McKewon and Tanya L. McKewon, Husband and Wife witncss my hand and notarial seal at Grand Inland in said t'o mac, ihc date Minesui& a1y ex >rsmisslon expires: JJ No ar> Public