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85--: 0053P I Property at prbiic auction to tie iigbest bidder at tie time and place and under the terms designated in the notice of spie in out or more parcels ad in may order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement: at the time and place of any previously sdwdukd sak. Leader or its designee may purchase the Proptety st arty use. Upon reoelpt of psymet of the price lid, Tutee shall deliver to the purchaser Trustee's deed conveying the Property. Tie racifaht in do Trustee's dead shalt be prima facie evidence of the ttath of the statements made therein. Trnssee ttiall apply tie places I of the ask in the foUewing ar der . (a) to ant expenses of the sale, including. but not limited W Trustee's fees as permitted by applicable law and rearom6le, attorneys' fees; (b) to an sets secured by this Security Instrument and tc) arty eircem a the person or peexsnna legally entitled to it. 21L Lender in Panamanian. Upon acceleration under paragraph 19 or abaridonme nt of the Property, Leader (in pesos, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the Property and to collect the. of the Property including those past due. Any rents collected by Lender or the receiver shag be applied first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees, premiums on receiver's bands and reasonable attorneys' fees, and then to the sums secured by this Security Instrummt. 21. Re conveyor ce. Upon payment of all stems secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. 21 Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by applicable law. 23. Request for lam. Borrower requests that copies of the notices of default and sale be sent to Borrower's address which is the Property Address. narrower further requests that copies of the notice of default and notice of sale he seat to each peraas woo, is a party hereto at the address of sueti person set forts harain. 24. Rides to this Security Instrument. If one or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security Instrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(cs)] f_,i Adjustable Rate Rider ❑ Condominium Rider ` 2.4 Family Rider 77 Graduated Payment Rider j 1 Planned Unit Development Rider Other(s) [specify] 25. As long as this Deed of Trust is held by the Nebraska Investment Finance Authority, the Lender may, at Lender's option, declare all suau secured by this Deed of Trust to be immediately due and payable if Borrower omits or misrepresents a fact in an mmlication for this Deed of Trust. including, without limitation, anything contained in the Mortgagor's Affidavit and Certification executed by Borrower in conjunction with this rend of Trust. BY SIGNING BE ow, Borrower accepts and agrees to the te..rns and covenants contained m this SeCunty Instrument and in any riders) executed by Borrower and recorded ».th it. ....... ........ ._.,., �'._ :..:..�t.�t. .:...... ............ . Seal) Ronald L. Sedersten —$D Laura /J. Sedersten — STATE OF NEBRASKA) I SS. Couwry OF HALL ) The foregoing instrument was acknowledged before me this 24th .day of. . Qctotier , ., 19.85., by . Ronald.L, Sedersten and Laura .j. Sedersten, Husband and Wife. Grand Island Witness my hand and notarial seal at. , .n said County, the date aforesaid. k^yi� Notary Public MY Commission expires: REQUEST FOR RECOMMANCE To T1W STEE : The undersigned is the holder of the note or notes secured by this deed of Trust. Said note or notes, together with all other indebtedness secured by this Deed of Trust, s. have been paid in full, You are hereby directed to cancel said note or notes and this Deed of Trust, which ors delivered hereby, and to reconvey, witnout warranty, all the estate now held oy you under this Deed of Trust to tr;e person or persons legally er.t.tlee thereto.