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�01105757 Law, Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any 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 scheduled sale. Lender or its designee may purchase the Property at any sale. Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all costs and ezpenses of exercising the power of sale, and the sale, including the payment of the Trustee's fees actually incurred and reasonable attorneys' fees as permitted by Applicable Law; (b) to all sums secured by this Security Instrument; and (c) any ezcess to the person or persons legally entitled to it. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Tnzstee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this 5ecurity Instrument to Trustee. Trustee shall reconvey the Property without warraniy to the person or persons legally entitled to it. Such person or persons shall pay any recordation costs. Lender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. Subshtute 'I'rustee. Lender, at its option, may from time to tune removv Trustee and appoin a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this S�curity Instrument is recorded, Without conveyance of the Property, the successor irustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address which is the Property Address. BY SIGTTING BELOW, Bonower accepts and agrees to the terms and covenants contained in all pages of this Security Instrum nt and in any Ri er executed by Borrower and recorded with it. r �� , . JOHN M MEHRING Date RAINI MEHRING Date INDIVIDUAL ACKNOWLEDGMENT STATE OF NEBRASKA COUNTY OF HALL The foregoing instrument was acknowledged by JOHN M M G and RAINI EHRING, before me on July 26, 2011. In witness whereof, I hereunto set my hand and, ap GaY�le, o c' seal. My commission expires: 8/ZO/2011 ✓ Jo Behrens 6ENERAL NOTARY - State of Nebraska Loan Officer � IONN D. BEHRENS Hall County, NE �- � My Comm. Exp. Aug. 20, 2011 Identification Number (Officia15ea1) THIS INSTRiJMENT PREPARED BY: Home Federal Savings & Loan Association of Grand Island 221 South Locust 5treet Grand Island, NE 68801 AFTER RECORDING RETURN TO: Home Federal Savings & Loan Association of Grand Island 221 South Locust Street Grand Island, NE 68801 O 2004-2010 Compliance Systems, Inc. EEO&CB10 - 2010.03378 Consumer Real Estate • Security Iosavment DL2036 Pege 6 of6 www.compliancesystems.com