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r I f = 00--4 101577 Prouty at pahk action to the highest bidder at the time and Place and under the terms designated is the notice of sale in one er more Parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public - s- re l@ at the Hoe and place of any previously scheduled sale. Lender or its designee may purchase the Property at arty sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property* The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee sisal) apply the proceeds of the sale is the following order: (a) to all expenses of the sale, including, but not limited M Trustee's fees as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Seenrity latrtmient; and (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 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 fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by this Security Instrument. 21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender.shall request Trustee to recanvey 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 is recorded. Without conveyance of the Property, the successor trustee shall succeed to ail 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 address which is the Property Address. Borrower furthar requests that copies of the notice of default and notice of sale he sent to each person wno is a party hereto at the address of such 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 X Other(s) [specify] Acknowledgement 25. As long as this treed of Trust is held by the Nebraska Investment Finance Authority, the Lender may, at Lender's option, declare all sums secured by this Deed of Trust to be immediately due and payable if Borrower omits or misrepresents a fact in an analication for this Deed of Trust. including, without IiaitatiOn, 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 m this Security Instrument and in any rider(s) executed by Borrower and recorded with it. �t��kf!h ....d-... ...... ........ ........(Seal) Michael L. Redman �nnifer Redman — 6orttr.+o STATE OF NEBRASKA) I SS. COUNTY OF Hall 1 The foregoing instrument was acknowledged before me this . .2�tb .day of, . March 19.86, by .Michael L. Redman and Jennifer M. Redman, husband and wife. Witness my hand and notarial sea! at. .GTapd.1.slartd, Nebraska. , . _ . . , . . ;.n said County, the date aforesaid. � . . f . notary Public t. My Commission, expires: 4�''"'k'a 1� REQUEST FOR RECONVEYANCE TO TRUSTEE: The undersigned is the holder of the note cr notes secured by this Deed a_' Trust. Said note or notes, together with all other indebtedness secured b % ' this Deed cf Trust, have been paid in full. Yuu are hereby dlrect.ed to cancel said rote cr notes and this Dead of Trost, which are delivered here-try, and tc, - ec ^nvev, warrant; eutate now held oy ' —;0 ander ' -t : :a ! -eed , -c —rue •,, •n- ersa ,. _- s•-ns _ .;.� rrr..tt.ed thereto.