|
{ o ass and authority, during the continuance
<br />4. As additional security. Trustor hereby give*, to and confers upon Beneficiary onto castor the right, prior to any default by Trustor
<br />of these Trusts to collect the rents, issues and profits of said property, rese
<br />in payment of any indebtedness secured hereby or. in performance of any agreement at any collect thwtn otice.reither �in person, by
<br />and profits as they become due and payable. Upon any such default, Beneficiary may
<br />agent, or by a receiver to be appointed by a court, and without regard a n e adequacy esue fo security o errwise collect indebtedness uch rents, issues and
<br />enter upon and take possession of said property or any part indebtedness profits, including those past due and unpaid, and apply of said property, the collection of sue n issues d profits and rthe BappliEf Beneficiary
<br />may determine. The entering upon and to possess
<br />thereof as aforesaid, shall not cure or waive any default or notice of default he or invalidate any act done pursuant to such notice
<br />5. Upon default by Trustor m the payment of any indebtedness secured hereby or in the performance of any agreement contained herein
<br />all sums secured hereby shall immediately becorn and ceaw the h the Nebraska Trust Beneficiary-
<br />Deeds Act. 4 at public auction to the highest-.
<br />of Beneficiary, Trustee shall sell the trust property, in
<br />bidder:' Any person except Trustee may hid at Trustees sate. Trustee shall apply the proceeds of the sale as follows: f ll tot a expense
<br />of thb sale, 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 persons entitled thereto.,
<br />fr.. Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall Canvey to the purchaser the interest i� have
<br />fh property which Trustor had or had the power to convey at the time of his exewtion of this Deed of Trust, and soli► a re may
<br />art red ttiereatier. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the requirement�-
<br />o-claw and of this Deed of Trust, which rdatal shall be prima facie evidence of such compliance and conclusive evidence thereof in favor _
<br />of bona fide purchasers and encumbrar imm for value. rust to be foreclosed
<br />7. The power of sale conferred by this geed of Trust is not an exclusive remedy; Beneficiary may cause this Deed of T
<br />as a mortgage. appoint in writing a successor trustee,
<br />8. In the event of the Grath, incapacity, disability or resignation of Trustee. Beneficiary Y p of Trust is recorded, the successor
<br />and upon the recording of ;ra-h appointment in the mortgage records of the. cciary art hereto of pending sale under
<br />trustee shall be vested with all powers of the original trustee. The trustee s c obliged to notify any party
<br />any other Deed of Trust or of any action or proceeding in which Trustor, Trustee or Beneficiary shall be a party unt�s e{ c action or
<br />proceeding is brought by the Trustee.
<br />9, This Deed of Tr��L p,:lies to, inures to the b�'t,nf, and is hi nding nit nefy on the parties hereto, but on their i %�.rK:i3e,'. Hies +•.
<br />legatnee, administratem. , txecutors, successors The term Benefici:ip shall mean the holder and owner of the MA
<br />hereby, whether or not named as Bene+lmcsrr .
<br />10. Request fry Notice of Default os' Nolira: sake. It is requested that a copy at ay .v once of Default or Notice of Salt be mail to
<br />each person who is named in this Trust Heed at the mailing address of Huth person as set aut alr•: --
<br />NOTICE TO CONSUMER: 1. Do not sign this paper before you read it. 2. You are entitled to a COPY
<br />of this paper. 3. Yiju may p?epay 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 5 --- day of __ADr i l . A.D. 18 89 _ -
<br />X
<br />S'L'ATE OF NEBRASKA ► - -r � + j{
<br />i %d i 1 COUNTY: +
<br />A ri 1 , A.D.. 1�__�?? , bef re me, the undersigned,.aa I��� +�:rc l�i�%'• =c, duly
<br />s?'n this -— -�. day of —_ - -.P Gary P Hoc gBti ,1 «�nr� _e K. i�o ©s,
<br />commissioned and i},,ariiiied for and residing in said county, personri .y came
<br />e__._ to me known to be the identir..1 person S - whose name S - affixed to the f Dreg v)ot-
<br />instrutruige as Trustor S-__ _ _ and acUllowledged the same to be - -- - - th2ir- .- -
<br />untary act and deed.
<br />Witness my hand and Notarial Seal the day and year 1 strove writ.t'!lt. ,
<br />a d- iFl1EAK WAV4bh �l ihlrairs ; ' f
<br />My Commission expires the -- -- -• --
<br />of �P.bYlldry -- 19 -SL- W 11wb ry;Public
<br />STATE- (IF :T_ _.. _ - -- ._ ..... - -- +
<br />1 919.
<br />_ County
<br />Entered in Numeriaai Index and filed for record in the office of the Register of Deeds of said county, the _.
<br />day of y -. - - -_ - -- - - , 19--., at -- -- - _ oclock and - _ -
<br />minutes - - -- -- - -- -
<br />M.. and duly recorded in Book of -- - -- -' ---
<br />Mortgages page - _ • -- - - _ __. �_ _. _ - -_ --
<br />991 f *2,NF -
<br />L
<br />Register of Deeds
<br />Deputy
<br />z
<br />I
<br />
|