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RR .- 00,5,24U Property at public auction to the highest biddhf�t 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 aaaoucsteent at the time and place of may previously scheduled sale. Lender or its designee may purchase the <br />Property at my 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 the sak is the following order: (a) to all expenses of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law ud reasonable attorneys' fees; (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitles) to it. <br />20. Lender 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. 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 applit;able 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 of default and <br />notice of sale be sent to each person woo is a party hereto at the address of such person set forth heroin. <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 u Condominium Rider 2-4 Family Rider <br />Graduated Payment Rider J 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 say, <br />at Lender's option, declare all sums secured by this need of Trust to be immediately due and payable <br />if Borrower omits or misrepresents a fact in an application 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 SIGNItdG BELOW, Borrower accepts and agrees to he terms and covenants contained in this Security <br />Instrument and in any rider(s) executed by Borrower and recorded with it. <br />S /r <br />RANDALL L. RICHTER <br />.., L <br />JAN ICE M. RICHTER —50! <br />STATE OF NEBRASKA) <br />COuNTy or HALL 1 SS. <br />The foregoing instrument was acknowledged before me this zl�t. day of. <br />i; L L . <br />October ,y, by RANDAL. RICHTER AND JANICE M. RICHTER, HUSBAND AND WIFE <br />witness my hand and notarial seal at. .Grand. Isl0nii,,NjebraSka, . , , _ , . . . <br />.n said County, the date aforesaid. <br />No try Public <br />My Commission expires: <br />ate: . . . . . . . . . . <br />4 <br />REQUEST FOR RECONVEYANCE <br />LTO TRUSTEE: <br />esf <br />The undersigned is the <br />holder of the note or notes secured <br />by this Decd <br />of Trust. <br />Said note or notes, together <br />with all. other indebtedness secured <br />by this ;.seed <br />of Trust, <br />have been paid in full. You <br />are hereby directed to cancel said <br />note or notes <br />and this <br />Deed of Trust, which are delivered <br />hereby, and to reconvey, witnout <br />warranty, <br />all the <br />estate now held by yc,o under <br />this Lwed of Trust. tc.' the perscr, or <br />persc ^s lega]1y <br />ent.tled <br />thereto. <br />ate: . . . . . . . . . . <br />4 <br />