100014
<br />Property at pablicauction to the highest bidder at the time and place and under the terms designated in the notice of sale in
<br />one or wore parcels mud is any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by
<br />pu atxteatceftawt at the time aid place of any previously` scheduled sale. Lender or its designee may purchase the
<br />blic
<br />Property' at any, sak.
<br />j� Upott'reeeipt of payment of the prim bid, Trustee shall deliver to the purchaser Trustee's deed conveying the
<br />t
<br />Property.- The recitsh is the Trustee's deed shall be prima facie evidence of the truth of the statements made therein.
<br />Trustee suit apply the proceeds of the sale is the following order. (a) to all espouses of the sale, including, but not limited
<br />Wo Trustee's fees as permitted by ipplitmble'taw and reasonable attorneys' fees; (b) to all sums secured by this Security
<br />lasts in"U atad (c) any excess to the person or persons legally' entitled to it.
<br />20. Lauder in Possession. Upon acceleration under paragraph 19 or abandonment of the Property, Lender (in
<br />person, by agent or by judicially appointed receiver)' shall be entitled to enter upon, take possession of and manage the
<br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or the receiver
<br />shall be applied first to payment of the costs of management of the Property and collection( of rents, including, but not
<br />limited to. receivers fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by
<br />this Security Instrument.
<br />21. Recomveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to
<br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security
<br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons
<br />legally entitled to it. Such person or persons shall pay any recordation costs.
<br />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee
<br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded.
<br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon
<br />Trustee herein and by applicable law.
<br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent to Borrower's
<br />address which is the Property Address. Borrower further requests that copies a! the notice o! default and
<br />notice of sale be sent to each person wao is 'a party hereto at the address of Ouch person set forth have r.
<br />24. Riders to this Security Instrument. If one or more riders are executed by Borrower and recorded together with
<br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and
<br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security
<br />Instrument. [Check applicable box(es)]
<br />Adjustable Rate Rider C Condominium Rider _ 2-4 Family Rider
<br />Graduated Payment Rider u Planned Unit Development Rider
<br />Other(s) [specify] Acknowledgement
<br />25. As long as this Deed of Trust is held by the Nebraska Investment Finance Authority, the Lender may,
<br />at tender's option, declare all sums secured by this Deed of Trust to be immediately due and payable
<br />if Borrower omits or misrepresents a fact in an application for this Deed of Trust. including, without
<br />liaitation, anything contained in the Mortgagor's Affidavit and Certification executed by Borrower
<br />in conjunction with this deed of Trust.
<br />By SiGNI.NG BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security
<br />Instrument and in any nder(s) executed by Borrower and recorded with it.)
<br /><� 11Z%J� (--tt
<br />......... -c,� -: , (Seal)
<br />Ken' ................. ..............................' .. .... .......... .
<br />Kennet Johnson — sorrows
<br />l�'' L........J U ..... ,,���"....... ( Seal)
<br />Shirley A Johnson — aor.ows
<br />STATE OF NEBRASKA)
<br />t, 5S.
<br />COUNTY OF Hall 1
<br />The foregoing instrument was acknowledged before me this . . . 2nd . . . .day of. .
<br />,)anuaLy. . , 14.86, by . Kenneth D..Johuson, and Shirley, A. JOnsop,, hsusbvd 4nd wife,
<br />Witness my hand and notarial sea! at. Grand •Island,•Neb.raska. . . . . . . . . ,
<br />:.n said County, the date aforesaid.
<br />Notary Public
<br />matt
<br />My Commission 114ft
<br />„at . ;
<br />0
<br />REQUEST FCR RECONVEYANCE
<br />LTO
<br />TAUSTNE:
<br />The undersigned is
<br />the hclder of the note or notes secured
<br />by this
<br />Deed
<br />of Trust.
<br />Said not* or notes, together
<br />w:it.h all other indebtedness secured
<br />by this
<br />Deed
<br />of Trust,
<br />tav* been paid In full.
<br />You are herety directed to cancel said
<br />note or
<br />notes
<br />and this
<br />5esd of Trust, which arts
<br />rie::vered heroobv, and !.r, :econwr,', wathou±
<br />warrant
<br />;,
<br />:1:1 the
<br />estate now held by ,, *J ,1,!der
<br />1.1ii s Deed nf Trust Yn,^ t,ersor,
<br />;' rs: nrs
<br />lt•lai
<br />!y Mntit:ed
<br />thereto.
<br />„at . ;
<br />0
<br />
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