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ss-- i ova It the power of sale is invoked, Trustee "I record a notice of default in each county in which any p04rtof tbp Property is located and shall mail copes of notice In the manner prescribed by applicable law to Borrower and to the other persona prescribed by applicable law. After the time required by applicable law, Trustee shallg{ve public notice of sale to the paresis and In the manner prescribed by applicable law. Trustee, without demand on Borrowor,aitnil sell the Property at public auction to the highest bidder at the time and place and under the terms designed In the notkeofsale in one or more parcels and to any other Trustee determines. Trustee may postpone sale of all or any parcel of tote Property by public utnmucemeniat the time and place of any previously scheduled sale. Lender or Itsdee{gneo may purehw the property "any stile. UPON receipt if Paytaeat of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying "Property. The reeltab In the Trustees dead aha{t be prima facie evidence of "truth of the statements made therein: Trwtes shall apply des prseeeda of the ask in the following order: (a) to all expenses of sale, including, but not limited toe, Trine's fees aspesssitted by a110PUMble law and reasonable attorneyefees; (b) to all sumssecured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 20. Lender in Possession. Upon neceleration under paragraph 18 or abandonment of the Property, Lender (in person, by Agent O r by judicially appointed receiver) shall beentitled tenter upon. take possession of and manage the Property and to collect the rents of the Property includingthose 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 receivers bonds and reasonable attorneys' fees. and then to the sums secured by this Security Instrument. 21. Reconveyanee. 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 Securi ?y Instrument toTrustee. Trusteeshali reconvey the Property without warranty and without charge lathe person or persona legally entitled to it. Such person or persons shall pay any recordation costs. 22. Substitute Trustee. Under. at its option, may from time to time remove Trustee and appoint a successor trustee tany Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, thesuccessor 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 address which is the Property Address. Borrower further requests that copies of the notices of default and sale be sent teach person who is a party hereto at the address of such persons set forth herein. 24. Riders to this Security Instrument. If one ormore 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)) 17 Adjustable Rate Rider ❑ Condominimum Rider f7 2 -4 Family Rider E3 Graduated Payment Rider 13 Planned Unit Development Rider 00ther(s) f specifyl ACKNOWLEDGMENT 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. i I.... . (Beal) Val John 7 . auer Borrower r; . /.... IScuI1 Connie Jean/ Sauer _a„rrower [Space Below This Line For Acknowledgment] STATE OF NEBRASKA.......... HALL County ss: .................... ............................... On this , , .3ist . . ........... day of ... December 19 86 before me. the undersigned. a Notary Public duly commissioned and qualified for said county, personally came Val John Sauer and Connie Jean Sauer, ...................................... I .......... .... Itvsband . pod, psi fg .................. I .......... .......................................... to me known to be the identical person(s) whose name(s) are subscribed to the foregoing instrument and acknowledged the execution thereof to .......th, air .................. ............................... ................ voluntary act and deed. Witness my hand and notarial sea! at ...... Gran ...... d. Island in said county, the date aforesaid. My Commission expires: �� M Ywii ilWlP E. QOt!!!!>t X*8 t1mt tt� Mw 4 TM TRUSTEE: REQUEST FOR RECONVEYANCE i �A-&-/ . ......... Notary Public The undersigned is tax holder of the note or notes secured by this Deed of Trust. Said note or notes, together with all other indebtedness secured by this Deed of Trust. have been paid in full. You are hereby directed to cancel said note or notes and this Deed of Trust, which are delivered hereby. and to reconvey, without warranty. all the estate not held by you -rider this Deed of Trot to the person or persons legally entitled hereto. i' i'rs Tier '� " ink. N A., . J � ♦OwM Mrr�,fr.,7w �Y