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<br /> _ 12. If dne power of sale is invoked,Trustee shall record a notice of default in each county . � �
<br />� in which any part of tlae property is located and shall mail capies of suzh notice in the manner � �-
<br /> ' prescribed by Nebraska law. Trustee,without demand on Borrower,shall sel!the property at ,af=
<br /> public auction to the tughest bidder ai the time and plac�and uader the terms designated in the •. ,� , ;:
<br /> �. notice of sale in one or more parcels and in any order�'n�stee determines. Trustee may postpone � �' ��-
<br /> . sale of all or any parcel of the property by public annouucement at the time and place of any � . . ?
<br /> � previously scheduled sale. Lender or its designee may purchase the property at any sale. ' , ; �
<br /> Upon receipt of payment of the price bid,Trustee shall deliver to tlie purchaser Tnstee's (� �- � _-'�u-� -
<br /> � Deed conve the e Tn�stee shall 1 the roceeds of sale in the follo`uin order. a " `' �=�
<br /> Y�g P'�P riY• aPP Y P g � ) _ _.. ;�:t,.-
<br />�. to all expenses of the sale including,but not limited to,Trustee's fees as permitted by Nebraska
<br /> _ law and reasanable attamey fees;(b)to all sums secured by t t us D e e d o f T i nut;an d(c)any ' � -:�'�
<br /> excess to ihe person or persons legally entitled to it. .� �� ��.'�`
<br /> . _ •�� �
<br /> 13. As additional security for the Debi,Borrower hereby assigns all rents,issues and � �, � �
<br /> �.; profits of the Property w Lender. Upon acceleration uader paragraph 11 or abandonment of the ,-��• . -�•�--
<br /> - property,Lender(in person,by agent or by judicially appointed receiver)shall be entifled to .. . � •
<br /> enter upon,take possession of and manage tlie property and to collect the rents�f the property, �. � �`��--
<br /> including those past due. A.ny rents collected by Lender or the receiver shatl be applied fust to . ����� � `
<br /> payment of the costs of management of the property and collection of rents including,but aot � � �'-��
<br /> limited to,receivets fees,premiums on receiver's bonds and reasonable attomey fees,and then to � '�'�_-�
<br /> the sums secured by this Deed of Trust. " `� � -----
<br /> 14. Upon payment of all sums as herein pravided,Lender shall direct Trustee to • . _�.�'l
<br />�� �. reconvey the property and shall surrender this Deed of Trust and the Debt secured hereby. �"��
<br /> � Trustee shall reconvey the property without warranty and without charge to the persons legally �.-�'� ��``_
<br /> . entitled w it ... _ �
<br /> - -- � � �-
<br /> I5. Lender,at its option,may from time to time remove Trustee and appoint a successor s�; :�
<br /> Trustee by an instrument recorded in the county in which this Deed of Trust is recorded. � ��� , :,,�-�-
<br /> Without conveyance of the property,the successar Trustee shall succeed W all the title,power '�'"�"r'
<br /> and duties confened upon Trustee herein and by Nebraska Law. ;' �`"
<br /> iV°•�:� •�•'
<br /> .�.. . ��, � -
<br /> 16. Borrower requests that copies of ail notice provided herein be sent to Borrower's a " . `�;�" 'f �
<br /> .;..�...�. ... .
<br /> . f address hereina6ove indicated. ��ci :.�
<br /> �':.�;:��.:..,r j�� __
<br /> � -� IN WITNESS WHEREOF the 8onower si this f Trust on the Date first ��'"" � �;� �
<br /> ,
<br /> : noted above. =��-:
<br /> . . `,�'•��'� -
<br /> .Schroeder - _ _
<br /> .� -•�.�...
<br /> .. C���Ll�t,e �f�. --- _ ----
<br /> ' Carol A.Schroeder -— -- -
<br /> � �_,'.- -n- - � --
<br /> . :,,: :t�• -_.,,�_,_
<br /> � STATE OF NEBRA5KA ) �.� ,�;,�.'�-
<br /> . . (ss:
<br /> � COIJNTY OF HALL ) ' - .-:��.;��
<br /> � ���'f.y�.,�:;T:,c�'
<br /> The foregoing instrument was acknowledged before me on the�, tH day of March, 1997, �"�'����"``��`�"-
<br /> � -a,ar�.. �- -;.�.�,.
<br /> by John W.Schroeder and Carol A.Schroed Husband and Wife. -
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