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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 />