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85 004058 <br />Plop *1`1 public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any aala <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustees deed conveying the <br />Property. The recitals In the Trustee's dead shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of the ode in the following order. (a) to all expenses of the sale, including, but not limited <br />to, Trustee's teas as permitted by applicable law and reasonable attorneys' fees; (b) to all sums secured by this Security <br />Im&uu at; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abatidonment 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, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fees, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyanee. 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 of the notion of default and <br />notice of sale he sent to each person wno is a party hereto at the address of such person set forth herein. <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 iii Condominium Rider U 2-4 Family Rider <br />Graduated Payment Rider Planned Unit Development Rider <br />Other(s) (specify] <br />25- As long as this geed of Trust is held by the Nebraska Investment Finance Authority, the Lender may, <br />at Lender's option, declare all sums secured by thin [teed of Trust to be issaediately due and payable <br />if Borrower omits or misrepresents a fact in an aaolication for this need of Trust. including, without <br />limitation, anything contained in the Mortgagor's Affidavit and certification executed by Borrower <br />In conjunction with this deed of Trust. <br />BY SIGNING BELOW. Borrower accepts and agrees to the terms and covenants contained in this Security <br />Instrument and to any nderrs) executed by Borrower and recorded with it <br />/C;,.:E . k L... <�7 ,c r -•. x. ... (Seal) <br />Randell (ranting ao.ro»e <br />k .;:. .� X, _._..1Seal) <br />L'esieylH. 136nting <br />STATE OF NEBRASKA) <br />I SS. <br />corny or HALL I <br />The foregoing instrument was acknowledged before me this . ?2tid. . . . . .day of. . <br />,; U94t. . , 19.85. by . F aodel) $.. Brapti n,g pftd ,LPs Jey M. , I'm ti rig,, Husband and IJi fe <br />Witness my hand.and rial seal at. . . . , ,Grand Island <br />.n said County, tl* ¢ate.,aft# id. <br />* . . . . . . . <br />i ECiititn <br />t Notary Public <br />My Commission <br />UQUEST FOR RECONVEYANCE <br />TRUSTEEa <br />LTO <br />The undersigned is the <br />holder of the note or notes secured <br />by this Deed of Trust. <br />Said note ar rates, tohether <br />with all other indebtedness secured <br />by this need rf <br />Trust, <br />t <br />have been paid in full. You <br />are hereby directed to cancel said <br />note or notes and <br />this <br />q <br />tasted of Trust. which are dmlivered <br />hereby, and to reconvey, without <br />warranty, all. <br />the <br />estate ne3w NO by You ender <br />t.h]n (tad ;,t Tr .114t rc ^he t�es-son or <br />presCn� loyally <br />entttled <br />� <br />L r1or etrr. <br />