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Ply at Imbibe archon Is the pudgiest biddw at the time and place and under the terms designated is the notice of sale in one w mein l t ebttM it my order Thee ism mid acs. Thuile stay postpone sale of all or any pared of the Property by pmiKo srwrst nst' t the time and pkee of any previously scbeinlei sale. Lender or''Rs designee may purchase the Prow y at asy sale. Upon rrosly- of payment of the price bid, Trustee shad deliver to the purchaser Trustee's deed conveying the Property. The reciWs is tie Trseeloe's reed shall be prima fade evidence of the trade of the statements made dwreW Trwin staid ably dale praetetrof the ode in tie fallowing arum: (a) to ail expenses of the sale, inciatiing, but not limited to, Tnsesr's feas so permitted by apple bow and reasonable attorneys' tees; (b) to all sums secured by this Secmrity iestrtnaestt• mad (c) may ewes to tbeperson or persons l gally estitiei to it A Leader in Penessioa. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in PC rson. 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 snail 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. Reuoaveyaam. Upon payment of all suites secured by this Secuoty Instrument. Lender shall request Trustee to reconvey the Property and shalt surrender this Security Instrument and Il notes evidencing debt secured} y this Security Instrument to Trustee. Trustee shall reconvey the Property without w=ty 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 Node m Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. Borrower further rsquesta that copies of the notion of defamlt and not'cm of Dale be Dust to eacb person who is a party hereto at the address of such pereca set fort` herein. 24. Riders to this Security lase ment. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the cow is 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 1_7 Condominium Rider ` 2-4 Family Rider Graduated Payment Rider L Planned Unit Development Rider Other(s) [specify] VA Guaranteed Loan Rider 25. As long as this Deed of Trust is held by the Nebraska Investment finance Authority, the Lender nay, at Lender's option, declare all sums serared by this Deed of Trust to be iamsedistely due and payable if Borrower omits or misrepresents a fact in an application for this Deed of Trust, including, without limitation, anything contained in the Mortgagor's Affidavit and Certification executed by Borrower in conjunction with this deed of Trust. 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. C.� ..._ ................(Seal) DENNIS M. GRUNDMAN — Borrower ............. (Seal) LINDA L. GRWi DMAN Borrowe; STATE OF NEBRASKA) ) SS. Cou y or Hall ) The foregoing instrument was acknowledged before me this . . . . 29th . .day of. NpvjmDbezr . , , 19,8 , by pe1inis, K. Grui)dtpaki and Linda L. Grundtnan., Husband and .Wife Witness my hand and notarial seal at. Grand Island • . • . . . . :n said County, the date aforesaid. esstrrMMldOl�li. Mtn yMali*K1iI� My Commission expizes: October 10, 1988 SHARON L. BAKHRtary Public REQUEST FOR RFCONVEYANCE LTO TXUSTZZ: The undersigned is the holder of the note or .notes secured by this teed of Trust. Said note or motes, together with all other indebtedness secured t.. this geed of Trust, have been paid In full. You are hereby directed to cancel said note or notes and this Deed of Trust, which are del ;veraad herety, and warrar.t.y, all the estate now haaid oy .,. .indar ,.h_s 'awed :'r,.ast .._. r e ;..er_cn _,. .•erg : :,nn le a,. enti.t;ed thereto. sate' . » A. R