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<br />.. <br /> <br />" <br />j,... ~. , <br /> <br />~ ~ '~ <br /> <br />200805337 <br /> <br />Lender at its option may require immediate payment in full of all sums secured by this Security <br />Instrument without further demand and may invoke the power of sale and any other remedies <br />permitted by Applicable Law. To the extent permitted by law, Lender shall be entitled to collect <br />all expenses incurred in pursuing the remedies provided in this Section 22, including, but not <br />limited to, reasonable attorneys' fees and costs of title evidence. <br /> <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which <br />any part of the Property is located and shall mail copies of such notice in the manner prescribed <br />by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. After <br />the time required by Applicable Law, Trustee shall give public notice of sale to the persons and <br />in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell <br />the Property at public auction to the highest bidder at the time and place and under the terms <br />designated in the notice of sale in one or more parcels and in any order Trustee determines. <br />Trustee may postpone sale of all or any parcel of the Property by public announcement at the <br />time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br /> <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed <br />conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the <br />truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following <br />order: (a) to all costs and expenses of exercising the power of sale, and the sale, including the <br />payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by <br />Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any excess to the <br />person or persons legally entitled to it. <br /> <br />23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request <br />Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing <br />debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without <br />warranty to the person or persons legally entitled to it. Such person or persons shall pay any <br />recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but <br />only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the <br />fee is permitted under Applicable Law. <br /> <br />24. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a <br />successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which <br />this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall <br />succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. <br /> <br />25. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to <br />Borrower's address which is the Property Address. <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in all pages of <br />this Security Instrument and in any rider(s) executed by Borrower and recorded with it. <br /> <br />~~--"""... ~t~3-o8 <br /> <br />INDIVIDUAL ACKNOWLEDGMENT <br /> <br />STATE OF NEBRASKA ) <br />) <br />COUNTY OF HALL ) <br /> <br />The foregoing instrument was acknowledged by Andrew D Butler; beti <br />whereof, I hereunto set my hand and, if applicable, my officiay eal. <br /> <br />My commission . . /), --.> <br />J:GEIWI. .OTARY.State of Nebraska <br />JOSEPH E. GRABOWSKI <br />My Comm. Dec. 29. 2009 <br /> <br />(Official Seal) <br /> <br /> <br />THIS INSTRUMENT PREPARED BY: <br />Pathway Bank <br />306 S. High St. <br />Cairo, NE 68824 <br /> <br />AFTER RECORDING RETURN TO: <br />Pathway Bank <br />PO Box 428 <br />Cairo, NE 68824 <br /> <br />fifEBRASKA - Single Family ~ t...Wi Mllelfrtlddh Mac= UNIFORM lNsTltUM1NT <br />C 2004.2007 Copyriaht Compliance S)'ltem., Ino. CD6D.9824 - 2007.10.173 <br />ISin~le Family Roal Estate. Security Instrument DL2047 <br /> <br />Initials <br /> <br />Form 3018 lI'll <br />www.compliB.ncesystenu.com <br />800.968.8522. Fax 616.956.18681 <br /> <br />Pa~.10ofl0 <br />