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<br />4. As additional security, Truster -tw6y gives to and confers upon Beneficiary the right, power and authority, during the continuance
<br />of these Trusts to collect the rtntio -i 'mes and profits of said property, reserving unto Trustor the right, prior to any default by Trustor
<br />in payment of any indtbtedr"s seei%ivd hereby or in performance of any agreement hereunder, to collect and retain such rents, issrtes
<br />and profits as they te&v.w.. doe ArA, "yable. Upen any such default, Beneficiary may at any time without notice, either in person, by
<br />agent. or by a rwiwt tats Awftim by a court, and without regard to the adequacy of any security for the indebtedness hereby secured,
<br />enter upon srd take -VAw atim af.:gi3 property or any part thereof, in his own name sue for or otherwise collect such rents, issues and
<br />profits. inrlkA tilt tl' m Fart dovxv d unpaid, and apply the same upon any indebtedness secured hereby, and in such or&r: sa Beneficiary
<br />may da:eata ityr. itv anterit�p qon and taking possession of said property, the collection of such rents, issues and profits ami, tht application
<br />tHe:ec� at a€ emit; sha11=4 cure or waive any default or notice of default hereunder or invalidate any act done pr ;*_'a &iice.
<br />U1aaa u' ttututlt:ttp.7rtator in the payment of any indebtedness secured hereby or in the performance of any a9rsa taiv seed herein,
<br />e11 area=s secs ud iitct+rlby shall immediately become due and payable at the option of the Beneficiary. In such V_--twi regrtest
<br />c° Ber*544vy, TVwtee shall sell the trust property, in accordance with the Nebraslta Trust Deeds Act. at publz . i,, the highest
<br />tirfika.• Atly.peason except Trustee may hid at Trustees sale. Trustee shall aMlt% the proceeds of the sale as fnliawir: C? ?._acme e
<br />of tka,sg34 including a reasonable Trusts? s fee; M-ta t' he secured by, bats Deed of Trust; (3) the surplus, if any, ahali.be diat- ,:a!tisasii
<br />&..4hepersons entitled thereto.
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<br />6. Trustee shall deliver- to the purer* at the: Wn ft d� v zhout waran'ty, which shall convey to the purchases 'r m a � .8sr
<br />the pro0e.*4g wit th Tmtstor half or hah power t;r'�oa y at the time of his execution of this Deed of Trust, and arch `=Sy:liave
<br />acquires Bfter_ Trss'zq's deed' i�62- recite, the ,f � - showing that the sale was conducted in compliance with all- ce .requirements
<br />of law a oT . Deed ..r Ihist, whiub xscita$. s' :I�e prima facie evidence of such compliance and conclusive evidgaim th6mf in fa-rr
<br />d bona £cam zi as' C encumlim.n Fgr va *
<br />T. The _ arsaie eariferred by t>js ;D, d of Trust is trot an exe usive remedy; Beneficiary v cautse �ihi� Deed of z to be foreclaaed
<br />as a motto ge.
<br />S. In the event of the death, incapari4, disability or resigiiation of Trustee, Beneficiary may appoint in writing a 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 with all posses 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, administrators, executors, successors and assigns. The term Beneficiary shall mean the holder and owner of the note secured
<br />hereby, whether or not named as Beneficiary herein.
<br />10. Request for Notice of Default or Notice of, Sate t' is requested that a corn. of any Notice of Default ae Notice of Sale be maft,4 to
<br />each person who is named in this Trust Deed at the mailing address of such perm, as set out abtve-
<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. 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 10 day of May _ _. A.D,19 89
<br />STATE OF NEBRASKA ) X <• '��`
<br />Hall ) ss. X CZ
<br />COUNTY ) -
<br />On this 10 - day of '__ May , A.D., 19 89 , before me, the rr�d'+ ; i.rt�ed g Notary Public, "'v-
<br />commissioned and qualified for hnd residing in said county, personally came Rel,inij �3. 'gems and Cdroi A. Sems,
<br />husband and wife to me known to be the identical person S__ whose name affixed to the foregoing:
<br />instrument as Trustor S -- and acknowledged the same to be — their va{
<br />untary act and deed. .
<br />Witness my hand and Notarial Seal the day and year 1
<br />expires the -_— 8 _ -__ _ 1 � AML' M fly
<br />M -'+
<br />,.F Commission ex e da
<br />p �•y�
<br />February ,4 9 �`
<br />STATE OF _ ►
<br />) ss.
<br />County ►
<br />Entered in Numert, ;al Index and filed for meprl in the office of the Register of Deeds of said county, the
<br />day of _.. , 19 -_. at _ oclock and
<br />minutte X. and bily recorded in Book of
<br />Mortgages page �_- -- - — -- - - -- - -
<br />991 E82rVE-
<br />- -- -�- - - - -- Register of Deeds
<br />- - - - Deputy
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