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<br /> 7tuston wiil p�y u�d kap cu�t�hs monthly in�ulmanu on the prior trutt�eed md to provent�ny detault tF�artunder.'huators furtMr
<br /> �ree thu�hould�ny defwlt b�m�da in thc p�ymait ot any initslment�ot prineip�l ar�ny intero�t on the prior wit deed,or rhould�ny
<br /> wic be commeand or otF�er atlon ukan to foreciae ttN prior uusc deed�d�an tFte artwunt iecurod by thiY'hwt Deed�hall become uid bs
<br /> due u�d p�yable in full u�ny time ti�erqRer,u tho option of Beneticiary an in accordance wfth the A�tment.Beneficivy.�t its optlon,
<br /> may p�y the�clieduled munthly inualmcnb on the pda trust deed Rnd,to the extent of the amount so pRid,become subror�tad to the
<br /> ri�hts of tha beneficiary identified in the prior uv�t deed.All p�yments made by SenoGciary on�he loan secured by the priot trust dead
<br /> shall beu interest u ihe ltate ot chufe untit p�id in tull.
<br /> Upon p�ytneot ot all wm;tecuted by thit Tnnt Dad,B��ciaFy:hall request Tructee to rcconvey the I'rop�rty and shall suirender this
<br /> 'Ruu Deed ud�ll Naa evidencin�indsbtedneu secLred by thb'hu:t Dad to Thistee.'Ilv:ta sli�fllrepnve PropatY,wlthout
<br /> w�ty to the person ar penons lepily entltkd Ihereto.If default be made in the p�yment of insWments on the�o�when due a In the
<br /> f�ithful perfonn�nce of�ny or eit}�et oithe a�reements made in this Ttutt Deed.then the whole of the lan ttwll baome due and p�y�ble,
<br /> u�d this 7nnt Deed�W I e+emain in fa+a with'Ituttee or hi:utaney proceedin�to sell the Yroperty it its andnry or in paccels u the option
<br /> of 7tus�ee,at public auction,to the hishest bidder and for cuh.However,the Yower of Sale heroin confa�red upon'Ilrwtee:hall not be
<br /> exerciied until Trustee fila�for rocord,h the off'we of the Re=iuer of Dadi of each county in which the Property ls situ�ted,�Notice of
<br /> Detwlt,ideetifyin�the Tlru:tee,sutinf Ih�n�rt�et of the"h�Wor.fivinj the boolc aad pye wMxe Uu:Trust Deed i:rocaded,cwwinin�
<br /> �dex�ipqon of the Property.�utin�th�t�breach otan obliption tar which the tnut propactY w�comeyed at:xurity htt oauned,and
<br /> �euia�farth tha nature of such bceach�nd of Ttusue's election w sell a caure to be�oW thu PropertY to sati:fy the obliptlon.Ma the
<br /> l�p�e of not less than one month,Tcusta sfWl�ive NMicx of 5ale,�provided by Nebraaka law.
<br /> Attar Nadoe of Defiult and lap�e of not leu�han one month,Trwtae�all�ive written notia of the dme�nd p�ace of ufe,patkularly
<br /> dr.scribint the Property to be sold by public�tion of that Notice,at least five tima,once a wak for five con:ecutive weelcs.d�e last
<br /> publication to be K lesst!0 days but not morc than 30 days pricx w the s�le,in a newsp�per h�vin��=enerd circul�aon in each county in
<br /> whicli the property to be sold,ic:itwted.Upon�le.ltu:oee shtJl execuue and delivu�deed of conveysnce of the�W Pro�iy te the
<br /> purchasa or purch�se�s of the Propei ty.My aatement or reciW of fact In th�t dad,in r+eluion to the eae�cise of the Power of Sde and
<br /> We o[�he wld Propaty.includin�reciulx con�xmin�any mulinf,persoa�l dalivery and pub�ication of tha Notia of Defwlt�nd any
<br /> mailinj,p�blicaGons u�d patin�of a notico ef s�le,uid the conduct of�le.shill coastiwte prima facie evidence of compliance with
<br /> NeMask�shtues and eonelmive evWence of�uch compli�ince in favor ot bona fida purch�sas�ud encumbrsnoers for vtlue�od witbout
<br /> no�ice.The'llruuee's Deed�all opa�au to convey to the purCha�er,without ri�ht olredemption.'Itusta't tide and dl rijht,dtle.int�rest
<br /> �nd claim of 1lvstor,his successo�s in i�terett and of all person:claimin�by or chrou�h a under tbem, in u�d to da sokf Aoperly
<br /> includinf all:uch ri�ht,tide,interest and cldm in�nd to th�t�old Prc�paty�cquired by'hwtar or hi::ucce�wn in interest subsequent a
<br /> the�execudon of'fruttee.ltu:tee stull ipply tha procxeds of�le,fin�,a�coat�nd experJes of exenisio=tha powu of sak,as rrell�
<br /> e�..r„ee nt.�.l.;includin:oapment of'Ihulee's faa actuallv incutred:�ad second,to MYrne�t of 1he unp�id brl�noe of th'Actual Amount
<br /> of Lwn plus interest�u�d the b�l�nce�if any.to the puson or pu�ns kjdly andtkd hereto.
<br /> Ard'IY�utee coveeanu fdthfully w paform the 71vst laroin cre�ted.
<br /> BENEFICURY,from time to time.mty Rubalwk a wxeuor a wccessa�to�ny 1Yuua oamed heroia or�c8n�6aeunde�to euseu�e
<br /> powars croued unde�tbis Tnnt Deed.Upon appointment and without conveyaoce to the wxawr 1�ustee.iucoe�sor'Itusoee�1!be
<br /> vwted�vith all dde.Pe�as,ud dutia confened upon my'Il�u:tee henin named a�c6aj ha�euader.F.�ch wch�ppoiotraa�t �ad
<br /> subqiwtioa sh�ll ba m�de by wridai inttrument uid executed by Benefrciuy,containiog referonoe to d�is'IYu:t De�d�od its phoa d
<br /> iecad,.Yhich�wlree�noaded ia the of fioe of the Ite�ter ot Dads of the couoty or cohntia in whicfi tha Propaty h titwted.�11 be .
<br /> oo�dwive p�oof of prop���ppoimna��d the wocea�or'I1wta.The fore�oin�power af wbstiwdoii and the pcocadure d�afar stall
<br /> no,t be exclwive of the power and procedun provided for Dy law for the wb�dtution o[��'IYu�toe or'Ilustee�ie tha plaa of tha'I1�w1ee ar
<br /> �� T�ruue�a�ned haeia ,
<br /> U 7tin�w�s voluourily ihall siell a conveY!be Properq,ia whok or ia p�rt,a sny i�a�en in the R�opaty ar by�ae�a ar meaes djwrt
<br /> drenaelva of tida to dw Prope�ty witlioNt obt�inia�the wriaea eon��oi Benefici�ry.then Beaefici�ry.�t its optioa,may dec�re Ifin
<br /> enme bdance of the Iwo pluc in�t on tlia bdanoc imrtiediately due and pay�bls.'Ilw opoon sbdl not apply it(1)the sak of tba
<br /> Frqiaty ia permimd becauK the purch�ser's sredicwo�thiness is s�tisf�etory a Beaefici�ry and(2)that Purcha*ar�pRjor w the,�e.l�
<br /> execWed a written�aurnption apeement coatainin�tam:p�scribed by Ba�cfici�ry.i�cludia6,if nequired,an iea�eue in the Raoe ot
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<br /> 'ILis'Ihut Deed shdl be const�ved�ccor�din�tu�he l�ws of the State of Nebnsk�.
<br /> 'ihut,or roquew dwu a copy of�ny Notice bE Defwlt and of any notia of:ale hawnd�m be mtiled to Truaor b�'oatified mal u the
<br /> �dd�as,u follow�: '
<br /> Ban�ficial Nebra�ka Inc, 2604 St. P�atrick ate 7� Grand Iel+�nd. NE 68803
<br /> Hviderce.c,i'such m�ilin��Iwll con�titwe evideeoe of reaipt of thu Noticc. .. , .
<br /> The w�iver by Thuta a Beneficivy af�y default of'tivttor under thu Trust Deed�hall not be a be damed t°b�a w�iver of any'other
<br /> or simily defwlts wbtequendy acurtin�.
<br /> 7'h�'h�t Deod sh�ll inure to and bind in heirs.leptea.devisas,admini�trators,executor:,succ�uon and as:i=nc of the p�rties baeto.
<br /> Whenever the context so roquira,sieNl�r word:sh�ll be cautrued in tha ptunl�nd via vena.and tbe m�sculine�idall be
<br /> consMied to inct�de th�kminine u�d rice versa.
<br /> IN WTiNESS WE�'sREOF.'husta h sifned this Deed of'IYust on the d�y and Yar t �e rvdtten. _
<br /> t C � •
<br /> w� E. Schutz
<br /> Twta
<br /> .,,..�..u I 1/M.'I F . A
<br /> ��YA�I� __ � .
<br /> T� �anat E. Schutz
<br /> ACKNOWLEDCMENT
<br /> STATE OF NEBRASKA )
<br /> )u.:
<br /> COUNTY OF •� _/ )
<br /> Before me,a Noary PuWie.9ualifia!by s�id county,pe�so�Wly came �/e•• _ srAk7'z �d
<br /> .�a �. SrhuTt known to me to be tha identical person(:)who�isned the fans=ains
<br /> inurummt�md�lad�ed the execution thereaf tn ba hi:,her or their volunwy act�nd deed.Witneu my and Nwa�id Sed o� .
<br /> d-b�l�.. A�, , „/�f� .
<br /> IMOl�1M1�11�!� N���a�a swe of
<br /> w�aw.i��►R�M
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