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Property at putt�c auction to the highest bidder at the time and place and under t8 5�- 00295? <br />one or more Parcels and in any order Trustee determines. Trustee m a terms designated in the notice of sale in <br />public announcement at the time d lace of an y Postpone sale of all or any parcel of the Property by <br />Property at any sale. P Y previously �hedulsd sale. Lender or its designee may purchase the <br />Upon receipt of payment of the price bid, Trustee shall deliver to the <br />Property The recitals in the Trustee's deed sMU be _ Purchaser Trustee s deed conveying the <br />Trustee shall apply the Proceeds of the side in the following order; (a� o all xpenses Of e sale, including, butad limited <br />to, Trustee's fees as permitted by applicable law and reaso ble a a) to ' f <br />Instrument; and (c) any excess to the person or � (b) to all sums secured by this Security <br />20. Lender in P moons lily entitled to it. <br />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, <br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender or he receiver <br />shall be applied first to payment of the costs of management of the Prop and collection of rents, including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums ured b <br />this Security Instrument. by <br />21. Reconveyance. 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 recanvey the Pro <br />legally entitled to it. Such person or ICY without warranty and without charge to the person or persons <br />persons shall pay any recordation costs. <br />22. Subb;titute 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 u <br />Trustee herein and by applicable law. upon <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 r <br />notice, of sale be sent to each parson wao is a requests that copies of the notice of default and <br />24. Riders to this Security Instrument. If one or Party <br />riders are executed by,Borrower and recorded to ether person set forth herein. <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall <br />supplement the covenants and agreements of this Security Instrument as if the rider(s) were a art o f g er with <br />Instrument. [Check applicable box(es)) <br />amend and <br />P this Security <br />❑ Adjustable Rate Rider ❑ Condominium Rider <br />L7 ❑ Planned Graduated Payment Rider ❑ 2-4 Family Rider <br />Unit Development Rider <br />n Other(s) [specifyj ACKNOWLEDGEMENT <br />25. As long as this geed of Trust is held by the Nebraska Investment Finance Authority, the Lender slay, <br />at Lender's option, declare all sums secured by this Deed of Trust to be immediately due and <br />le <br />if Borrower omits or misrepresents a fact in an application for this Deed of Trust, including, <br />limitation, anything contained in the Mortgagor's Affidavit and Certification executed by Borrower <br />in conjunction with this deed of Trust. , without <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded wit Of t. <br />..... ..(Seal) <br />Kevin C. Trap _gor,r <br />.........I-- ..................................... ........................ <br />STATE OF NEBRASKA) — ao"ower <br />SS. <br />COUNTY OF Hall ) <br />The foregoing instrument was acknowledged before this 20th <br />JuAe. . <br />. , 19. g5, by . . . . .Kevin. C, Trapp,. a. si day of. <br />Witness my hand and notarial seal at. . . • , Grgind Island, Nebz;askq • • • ' <br />:n said County, the date aforesaid, <br />t `1 <br />e4 41 <br />�� �r•�• Notary Public .. <br />My Commission expires: Augus 4(t, ® <br />Loa to o . . . . . . . . <br />OUSSR' FOR RECONVFYkNCE <br />TO TRUSTEE: <br />The undersigned is the <br />Said note or notes, together <br />holden of the note or notes secured <br />with all <br />by this teed of Trust. <br />have been Paid in full. YOU <br />other indebtedness secured <br />are hereby directed <br />by this need of Trust <br />Deed of Trust, which are delivered <br />to cancel said <br />hereby. and tC? <br />note or notes and this <br />° <br />estate now held b r <br />y Y_>sa eanaie,r <br />reC(anvey, Wgth�yg�t <br />this need ca¢ Trust <br />warranty, <br />�', all the <br />tai <br />thereto. <br />tc;� ero� , <br />person or <br />persrans legally entitled <br />� <br />Loa to o . . . . . . . . <br />