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85'- -t 004955 <br />Property at public auction to the h.maest 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 acbeduled sak. Leader or its designee may purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds of tie sale in the following order (a) to all expenses of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and remvn" attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Leader 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, 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. 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 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 notice or default and <br />notice of sale be sent to each Person ono is a party hereto at the address of such person met 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 pan of this Security <br />Instrument. [Check applicable box(es)] <br />Adjustable Rate Rider ❑ Condominium Rider 7 2-4 Family Rider <br />Graduated Payment Rider ❑ Planned Unit Development Rider <br />Other(s) [specify] <br />25. As long as this Deed of Trust is held by the Nebraska Investment Finance Authority, the Lender may, <br />at Lender's option, declare all sums secured by this Deed of Trust to be insedistely due and payable <br />if Borrower wits or misrepresents a fact in an application for this Deed 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 he tenets and covenants contained in this Security <br />Instrument and in any riders) executed by Borrower and recorded with it. <br />% S-`'i r k^ ..................... ...(Seal) <br />(Marlyn P. Beisner) <br />....... GaLr�....).: t. _(Seal) <br />(Donna L. Beisner) -90 "O W <br />STATE OF NEBRASKA) <br />1 SS. <br />COUNTY or HALL ) <br />The foregoing instrument was acknowledged before me this .7th. . . . . . .day of. . <br />Actobor. ., 1985, by Marlyn P., Beisner and Donna L..Bteisner. . . . . . . . . . . <br />Witness my hand and notarial seal at. . Grdmd Jsiand. Nebraska . . , , , , , , , <br />:n said County, the date aforesaid. <br />IM slItYntla - <br />L IL 0110T " / �- <br />M� f7� rN 26 1st Notary 'P l is <br />My Commission expires: <br />REQUEST FOR RECONVEYANCE <br />I <br />LTO <br />TRUSTEE: <br />11V <br />it <br />The undersigned is the <br />holder of the note or notes secured by <br />this Deed <br />of Trust. <br />`r <br />Said note or notes, together <br />with all other indebtedness secured by <br />this Decd <br />of Trust, <br />n <br />�. <br />have Dean paid in full. You <br />are hereby directed to cancel said note <br />or notes <br />and this <br />+h: <br />Dead of Trust, which are delivered <br />hereby, and to reconvey, without <br />warranty, <br />all the <br />estate now hold by you under <br />'.hia Deed of Trust tc she person or ner4cns <br />:eqa—y <br />entitled <br />thereto. <br />