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101596 . •
<br />4, As additional security, Trustor hereby gives to and confers upon Beneficiary the right, poker and authority, during the continuance
<br />of thew T usss to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor
<br />in payment of any indebtedness secured hereby or in perfomuano of any agreement hereunder, to collect and retain such rents, issues
<br />and profits a they bwome due and payable. Upon any such default, Beneficiary may at any time without notice, either in person, by
<br />by rd to the adequacy of any security for the indebtedness hereby secured,
<br />FL�±rause
<br />cluding
<br />The entering upon and talring possession of said proaa
<br />aforesaid. shall not cm s ar waive anp default or Halite of default hereunder or invalidate any act done puuauaaE ltr such notice.
<br />b.• Upon default by Truator in the payment of any indebtedness secured hereby or in the performance of any-rt contained herein,
<br />All sums secured hereby shall immediately Income due and payable at the option of the Beneficiary. In such evcml; :rtad upon wtitrtea request
<br />of Benefrcia•T. Tra,+tee shall sell the ttuat property, in accordance with the Nebraska Trust Deeds Act, at,inihik.. auction to the highest
<br />bidder. Any pown except Trustee may bill at, Trur,iWa sale. Trustee shall apply the proceeds of the sale Az'rf0Vows: (1) to the exPense
<br />of the sale, ixrdading a reasonable Truatee?a fee; (2) to the obligation secured by this Deed of Trust;. (3) the aurphis, if any, shall be distributed
<br />to the persons erA tled thereto.
<br />6. Trustee shall deliver to the purchaser at. the snle•its deed, without warrassty., • -%shia vhalf 6a.4py;'.W 'ttm purchaser the interest in
<br />.
<br />the property which T uatar had or ha& the �powcr ta. coney at the time of his p4ta itiom of Brix Bead ai T.iv4t; and such as he may have
<br />acquired thereafter. Trustees deed shall ratite txvInc�in ahowing that the atits with all the requirements
<br />c'
<br />Of law and of this Deed of Trust, whit h. ii 4f il. q*11bi 'prima facie evidence bfietit3i: iympliwirn.•liiid: ooui ii�ire evidence thereof in favor
<br />of bona fide purchasers and encumbranrpts; #ac •uluo,
<br />7. The power of sale conferred by this il±s1 tsE'Priir:, iy not an exclusive rFmetiy+;Iihificiary t?sR3': iise this Peed 'of Twat to be foreclosed
<br />419.3 mortgage.
<br />1. In the event of the death, incapaeitY,. thtsa @allay or resignation of Tirustee,•.13 'Acia_ry umy appoint in writing a successor trustee,
<br />and upon the recording of ouch appoits6hsit.in the mortgage records of the county "in which this Deed of Trust is recorded. the successor
<br />trustee shall vested with all powatln'ii[;'(.ii.? original trustee. The trustee is not obliged to Ex any party hereto of peri!L4 sale uncrer
<br />any other Deed of Tnmt or of any aotal �.s` proceeding in which Trustor, Trustee or Beneivisa v shall be a party unless mr;h aedcru zs
<br />proceeding is brought by the Trustee. .
<br />9. This Deed of Trust applies to, inures to the benefit of, and is binding not .l_: an tfte patties hereto: friA� on their heirs, devi3f ,-
<br />'
<br />legatees. administrators, mcutors. auomssQus and assigns. The term Beneficiary mpi--:.,�2-!e holder - �•.4 -r6.4 of the note secuk-4
<br />hereby, wha uw or not named as Benefid sr��. herein.
<br />10. FxquotvA Notice of Default or Nivr.i's ;of Sale. It is requested that a copy of any 1;.'�1.ijpz iXDefault or Notice of Sale be mailed to
<br />;9w
<br />each person milt is named in this Trust Nerd at the mailing address of such person as s?et nut abar,e..
<br />o ; :: NOTICE TO CONSUME& 1. Do not sign this paper before you read it. 2. You ass entitled tir :.� cr};psg
<br />cif this paper. 3. You may prepay the unpaid balance at any time without penal#g rand may `ttw'entitled
<br />to receive a refund of unearned charges in accordance with law.
<br />`
<br />Signed this 28 day of _March , A.D. 1989._.
<br />-
<br />X
<br />STATE OF NEBRASKA ► .
<br />Ha l l 3, X
<br />COUNTY .r
<br />,
<br />0n this - Z8 - -• day of _ _ 4arch _._.. :, a,.D., l9. 89 _ -, before me, the undersigned, .t ` 6tary Public, duly
<br />commissioned and cl=66,-ld fay',md: residing : � said county, personally came James R. Wi %. t'� Agr���K. Wilson,
<br />husband & - Wife__' to�:vV• 4-vown to be the identiLu,- person .5._ whose named affixed to the foregoing
<br />instrument as Trustor 5 �_ _ — _ and acknowledged the same to be ___�U— - - - =- - vol -
<br />and
<br />untary act and deed.
<br />Witness my hand and' :yl :tarsal Seal the day and year 1' •
<br />I`
<br />My Commission expires the _ 8 -- _ - _ _. da i� A n4ldi d lMob
<br />MA
<br />of February_ . l9.21._ _jgE111111/.
<br />Public
<br />STATE OF' -
<br />s ss.
<br />County
<br />Entered in lK:umerical Index anw.fih d for record in the office of the Register of Deers of said county, the
<br />i day of 19 —_, at o clock and
<br />minutes M., and duly recorded in Book __.____ __ of
<br />Mortgages page ^-
<br />a
<br />Register of Deeds
<br />Deputy
<br />U
<br />4•
<br />i_.
<br />L
<br />a
<br />Rrn
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