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<br />4. As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the oantinuance
<br />of these Trusts 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 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 possession of said property or any part thereof, in his own name sue for or otherwise caUed 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 curs 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 Thrust Deeds Act, at public auction to the highest
<br />bidUr_ Any person except Trustee may bid at Trusteea sale. Trustee shall apply the proceeds of the sale as follows: (1) to the expense
<br />of tine sate, 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 tife persons entitled thereto.
<br />6. Trustee aW. deliver to the purchaser at the sale its deed, withcw::. warranty, which shall convey to Ehe purchaser the interest in
<br />the praperty wigs Trustor had or had the power to convey at the time ihf Sis execution of this Deed of Trust, and such as he may have
<br />scopixed thereafter. Trustee's deed shall reate the facts showing that t'r_h sale was w- nducted in compliance with all the requirements
<br />of lam• and of this Deed of Trust, which re&i A shall be prima facie evidence of such o;mpliance and conclusive evidence thereof in favor
<br />of bona fide purchasers and encumbrancers fnr value.
<br />T. The power of sale conferred by this Deed of Trust is not an exclusive remedy-, Beneficiary may cau i& this Deed of Trust to be foreclosed
<br />as a mortgage.
<br />8. In the event of the death, Vacapacity, disability or ::esignation of Trustee, %nefciary may appki= ,:i wrH�4irg a successor trustee,
<br />and upon the recording of such a<ugaintment in the mortk4ge records of the county in which this Deea,ci'"i'"�.,�i ; iTSnrded, the'successor
<br />trustee shall be %-fined with all powers of the izriginal trustee. The tuv s 'is not obliged to notify � .pa':g he* ,..�Y pendirgr,las under
<br />any other. Deed &Trust or of any action Ur'oroceeding in which Tra.-_Tz.- -'Trustee or Beneficiary -s`.�> be a
<br />e-,* unless such anion or
<br />proceeding is bruuel` by the Trustee.
<br />9. This Deed aS Tens: applies to, inures to the benefit of, and is bint;ag not only on the parties hereto, but on their heirs, devisees,
<br />s.,
<br />legatees, administpvza exeouturs, successors and assigns. The term 2irneficiary shall mean the holder and owner of the note secured
<br />hereby, whether or not lamed as Beneficiary herein.
<br />10. Request for 1S; lice of Default or NoWva c'? Sale. It is requested thai a copy of any Notice of Daault or Notice of Sale be mailed to
<br />each person who is named in this Trust Dee?= e" tie mailing address of such person as set out above.
<br />NOTICE TO CONSLJNW h 1. DO =10t sign this- paper before you read it 2. You are a titled to a copy
<br />of W-9 paper. 3. You may prepay- &e t np"dW balance at any time without penalty and may be entitled
<br />to receive a refund of atez TarneO- eksx- ges in accordance %nth law.
<br />Signed this 90 day of _ May A.D. 19_8a
<br />STATE OF NER '
<br />Hall ) S5. X
<br />COUNTY ;
<br />On this 10 day �1 May , A D., 19 8 , before me, the undersigned, a Notwj Public, duly
<br />commissioned and qualified far and residing in sx .�i county, personally came Roland D SemS god Gal^O1 A. S21RS;,
<br />husband and wifi' - to me known to be the identical n..a?son S whose name . S affixed to the foregoing
<br />instrument as T'ruater S and acknowioiged the same to be — -_ their yt ►1-
<br />untary act and &ed. ;
<br />Witness my hand and Notar;;3t Seal the day and year last above written.
<br />My Commission expires tt:r- ' a _ . _ day 01AA11 =SbM M 1dr0.lk7 j Of February__ 19
<br />STATE OF - -_ ►
<br />BS.
<br />County ►
<br />Entered in Numerical Index and tiled for record in the office of the Register of Deeds of :►a.id county, the
<br />day of _ , 19- ._�..._, at _ o'clock and
<br />minutes M., and duly recorded in Book .._. of .... -_— _
<br />Mortgages page -- - -- -- — -- -- - -- - -- - - - - - - --
<br />991 E824NEc
<br />in
<br />Register of Deeds
<br />Deputy
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