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<br />89140751
<br />1 of then As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during he continuance
<br />these Trusts to collect the rentm. issues and profits of said pro g
<br />periy, reserving unto Trustor the right, prior to any default: by Truatar
<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 />aterut, 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 possession of said property or any part thereof, in his own name sue for or otherwise collect such rents, issues and
<br />profits, including those post 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 Tsnstor 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 tale, inclurifcg a reasonable Trustees fee; (2) to the obligation secured by this Deed of Trust; l3► the surplus, -if any, shall be distributed
<br />to tls� peisons ent�tW thereto,
<br />thd 6 Tnistee shall Miver to thp, purchaser at the sale its deed, without warranty, which shall convey to the purdiaser the interest in
<br />irerrperty which T:ustor had or had the power to conies at; the time of his execution of this Deed of Trust, and such as he may have
<br />.s�urred'thereafr.' Trustee'a deed shall reciibz the facts sbxww mg t; t the sale was conducted in compliance with all the requirements
<br />..'., •'¢e "acid and of this Deed of Trust, which recita-l; 4MR- be prima :;-ac 4 evidsnee of such compliance anal mncluaive evidence thereof in favor
<br />trwro, a fide ;la-
<br />and encumbrancers for
<br />, e.power of sale conferred by this Deed of.T-- rst-fs riot;,, exclusive remedy; Beneficiary may a se this Deed of Trust to be foreclosed
<br />S.• C>T the e«!, t of the death, d£s:bil:ty or ;rslj;44tiur: of Trustee, Beneficiary ma_, opoint in writing a successor trustee,
<br />and upon the it J:trding of such appointment its the mortgage records of ehe county in which V) s Utmd of Trust is recorded, the successor
<br />trustee shall Itie vtr,xd with all powers of the: tirBinal trustee - The trustee is not obliges to notFy any party hereto of pending sale under
<br />any other Deed - X-M-rust or of any action or" p - seeding in which Trustor, Trustee shall be a party unless such action or
<br />PrOmed?nF i NM�i ht by the Tru-tree. -e.
<br />9. Tnia lli ei of Trust applies to, inures to the benefit 44.:: and is binding not only nu; d: parses hereto, but on their heirs; devisees,
<br />legs x . a3 ri;;i i Mote, c�r�ctors, successors and assigns. The term Beneficiary shalt mean thus 1;,1.lder and owner of the note secured
<br />herebyrsrhet'�• "riot named as Beneficiary herein.
<br />10. Rogaest fair Yk5t#rss of Default or Notice of Sale. it is m-;uested t tats, r-iroy of env'.•i+:> r� aI Ilr�j;�g rtr ,tiltice of Sale be mailed to
<br />each peman rr m, P. imn o'i id this Trust Deed at the mailing o:,$df m of a �. j erson as sgt; rnarrf -ke,.
<br />NOTI+€'iri TO CfJ'XWMR: 1. Do not sign this paper I efore you LIt' d i_.��, "� Ci r entitled to a copy
<br />of this & You may prepay the unpaid balance at any time withwat, p erA =y 9nd may be entitled
<br />to recehort is refund of unearned charges in accordance with law.
<br />Signe.dthis ----!—day of February -A.D. 19 89
<br />STATE OF NEBRASKA ► �_ �`` CLL r'j.
<br />Ha COUl4"
<br />11
<br />fY ►
<br />On this 9 day of February ., A.D 19. 8g , before me, the undersigned, a Notary Public, ri7rh1',;'
<br />commissioned and qualified for and residing in said county, personally came -Percy _- Unt"n and T r ��. I., C) ,
<br />husband and wife to me known to be the identical person S_ whose name 5— affixed to the foregp;11tt1
<br />instrument as Trustor S a, ►di •acknowledged the same to be .___ _.2,bL i r col-
<br />untary act and deed,
<br />Witness my hand and Notarial Seal the day and yearl
<br />My Commission expires the ___ ! _ d 6EIkRAt 8111i1RY -Stale of Ae :ko
<br />of _ . 19 y sHERM Y. WATSON
<br />Public
<br />Si ATE OF
<br />-__ ►ss.
<br />County i
<br />j 151texi it in Numerical Index and filed for record in the office of the Register of Deeds of said cant., . tite
<br />! as of _ - - -- _ _ 19 at _ eclock and » - --
<br />urinuLes X, and duly recorded in Book
<br />a page -- of
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<br />Register of Deeds
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