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1 <br />�- - 89--- 100487 <br />d. A abdio� all sratwds7t�v, Truatsr hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance <br />of these Trusts to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Tsuator <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 />agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured, <br />enter upon and take poneWon of said property or any part thereof, in his own name sue for or otherwiae collect such rents, issues 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 application <br />thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. <br />b. Upon default by Trustor 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 request <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 Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: (1) to the expense <br />of the aide, including a reasonable Trustee's fee; (2) to the obligation secured by this Deed of Trust; (3) the surplus. if any, shall be distributed <br />to the persona entitled thereto. <br />6. Tnrat&e.ahall 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 tbereafter. Tnratee's deed shall recite the firs showing that the sale was conducted in compliance with all the requirements. <br />of; tom an4 or this Deed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor <br />ofbana fide, liurchasers and encumbrancers for value. <br />7. Tto k:ver., of Bale wi—iferred by thin Deed of Trust is not an exeiusive remedy; Beneficiary nvkv cause this Deed of Trust to be foreclosed <br />as a morS pge. <br />8. In the event of the death, incapacity, disability or resignation of Trustee. Beneficiary may appoint in writing :i successor trustee, <br />and upon the recording of such appointment in the mortgage records of the county in which this Deed of Trust is recorded, the successor • <br />trustee shall be vested WWN all powers of the original trustee. The trustee is not obliged to notify any party hereto of pending sale under <br />any other Deed of Trust or of any action or proceeding in which Trustor. Trustee or Beneficiary shall be a party unless such action or <br />proceeding is brought by the Trustee. <br />9. This Deed of Trust applies to, inures to the benefit of, and is binding not only on the parties hereto, but on their heirs, devisees, <br />legatees, administrator, ,executors, successors and smigns. The tern Beneficiary shall mean the holder and owner of the note secure=d <br />hereby, whether or not n=med as Beneficiary herein. <br />10. REQUEST FdF. XQ1:F6E OF DEFAULT UR.NOMCE OF SALE: It is requested that a copy of any Notice of Default or any Notice <br />of Sale be mailed us. eats person who is named in t$is Trust Deed at the mailing address of such person as set out above. <br />NOTICE To "CQN9i1>lfER 1. Do not sign this na_or. isgfnro yon "ad -4c 2, Ynin sYp Pnfitlm fA a n��y. <br />of this paper. 3. You may prepay the unpaid balance at any time without penalty and may be entitled <br />to receive a refund of unearned charges in accordance with law. <br />Signed this ` 27 day of January , A.D. 19_.82__. <br />STATE OF NEBRASKA ) � 1� \SAG �� t° <br />.Hai 1 ) �• <br />_ COUNTY.). <br />On this" 27 day of January —A.D., 19 . , before me, the undersigned, a Notary Public, duly <br />commissioned' and giuraiified for and residing io said county, .gersonally�:came Sondra R. MCCoun <br />to me known to be the identical person,:' whose name — affixed to the foregoing <br />instrument as Trustor and acknowledged the same to be her vol- <br />untary act and deed. <br />Witness my hand and Notarial Seal the day and year 1 <br />My Commission expires t 8 da iM Nlk�tb <br />of Ye ruary ,.e�1 It1>iMItlMY.wAUON <br />STATE OF ) <br />) ss. <br />County.. ) <br />Entered in Numerical Trtitfe?x: Rred:filed for record in the office of the Register of Deeds of said county, the <br />o day of 19 , at o clock and _ <br />minutes M., and duly recorded in Book of <br />d Mortgages page <br />Register of Deeds <br />Deputy <br />I. <br />J <br />rm <br />J tl <br />