r
<br />100204
<br />4. As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance
<br />of these Tnista to collect the rents, issues and profits of said property. reserving unto Tnrntor the right, prior to any default by Trustor
<br />in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues
<br />and profits as they become due and payable. Upon any such default, Beneficiary may at any time without notice, either in person, by
<br />ash. or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby setvrred,
<br />enter upon and take possession of said property or any part thereof, in his own name sue for or otherwise collect such rents, issuax and
<br />profits. including those past due and unpaid, and apply the same upon any indebtedness secured hereby, and in such order as Beneficiary
<br />may determine. The entering upon and taking possession of said property, the collection of such rents, issues and profits and the applioation
<br />thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notlat+.
<br />b. Upon default by Truster in the payment of any indebtedness secured hereby or in the performance of any agreement contained herein,
<br />all sums secured hereby shall immediately become due and payable at the option of the Beneficiary. In such event and upon written rQquest
<br />of Beneficiary, Trustee shall sell the trust property, in accordance with the Nebraska Trust Deeds Act, at public auction to the highest
<br />bidder. Any person except Tru w may bid at Trustees sale. Trustee shall apply the proceeds of the sale as follows: (1) to the expense
<br />of the ask, including a reasonable Trustee's fee; (2) to the obligation secured by this Deed of Trust; (S) the surplus, if any, shall be distributed
<br />to the persons entitled thereto,
<br />6. Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall convey to the purchaser the interest in
<br />the property which Trustor had or had the power to convey at the time of his execution of this Deed of Trust, and such as he may have
<br />acquired thereafter. Trustee's deed shall recite the facia showing that the sale was conducted in compliance with all the. requirements
<br />of law and of this Deed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in. favor
<br />oMma fide purchasers oath eucumbrancers for value.
<br />7. The power of sale con&nvd by this Eked of Trust is. not an exclusive re ne_h , Breneficiary may cause this Deed of Trust to be fovnIosed
<br />as a mortgage-
<br />In the event of the death, incapac£ty; dasabifit5 or resigmacian �f Trustee, Beneficiary rmay appoint izx tirriting a sucessor trustee,
<br />and upon Q$� seoording of such appoia�..nt in tree na�rt�;�C;e rL•�rCi��,c of the county in which this Deed of Tra��; es rec�rrka?�. the successor
<br />toritstee s'aaiT� be vented frith all powers mrl�e nrigiQSl trus',ee. � ttttstee is not obliged tp noti�r any party he�to of pen3ing said under
<br />any otherf.Aegd of Trust or of any actacrs or proceeding in cc�c2n Bator, Trustee ar BeneficiRry shall be a party unless each action or
<br />proceeding ia, faiought by the Trustee. � .. ,
<br />9. This Detel•of Trust applies to, inures to the benefit of, and isi binding not cply on the parties hereto, but on their heirs,. devisees,
<br />legatees, administrators, executors, successors and assigns. The term Beneficiary; shall mean the holder and owner of the note secured
<br />hereby, whether or not named as Beneficiary herein.
<br />10. Request for Notice of Default or Notice of Sale. It is requested that a copy of any Notice of Default or Notice of Sale be-mailed to
<br />each person who is named in this Trust Deed at the mailing address of such person as set out above.
<br />NOTICE TO CONSUMER: 1. Do not sign this paper before you read it. 2. You are entitled wa copy
<br />of this Palmer. S. You may nreaay the unnaki halsinaa, At any fitRY with"1to rrr,nnllw wrwd Wn ft; . w —entitled-
<br />t6 recefve a refund of uneiirned charges 6 accordance with law. ;
<br />Signed this 12 dsyof January ,A.D. 19 89 .
<br />STATE OF NEBRASKA ) x
<br />Hall COUNTY i t-trrr 2
<br />on this 12 day of January , A.D_ 19 89 before me, the undersigned, a Notary Public,. deity
<br />gommissioned and qualified for and residing irc said !=inty, personally came Charles L Huffman and. "Chikako
<br />Huffman. husband & wife to me known to be - the :identical person S whose name S— affixed to the foregoing
<br />instrument as Trustor 4; and acknowledged the same to be tbei r Vol.
<br />unUuy act and deed
<br />Witness my hand and Notarial Seal the day and year 1
<br />My Commission expires the 8 da gm 1111CAllY.i0 of lilllob
<br />of February_ , 19 - lr, w�TSON 1 .�.
<br />§W+A. a t:.
<br />SPATE OF
<br />1 ss.
<br />County )
<br />Entered in Numerical Index and filed for record in the office of the Register of Deeds of said county, the
<br />day of _ , 19._._, at o clock and
<br />minutes _ M., and duly recorded in Book of
<br />Mortgages page
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