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<br />'G That as additional security, Trustor hereby gives to and confers upon Beneficiary the right, power, and authority, during the continuance of this Trust to
<br />collect the property Income, reserving to Trustor the right prior to any default by Trustor in payment of any indebtedness secured hereby or in performance of
<br />any agreement hereunder• to collect and retain such property income as it becomes due and payable. Upon any such default. Beneficiary inay at any time,
<br />wamod�Almervind `person. by agent, or by a receiver to be appointed by a court and without regard to the adequacy of any security for the indebtedness
<br />here port ars:t. possession of said property or any part thereof, in his own name sue for or otherwise collect such property income,
<br />mclu g unpa�},Wnd apply the same. less costs and expenses of operation and collection, including reasonable attorney's tees, Leon any
<br />indebtedness secured hereby. and in such order as Benefiraary may determine. The entering upon and taking possession of said property, the collection of
<br />such property income, and the application thereof as aforesaid, shall not cure or waive any default of notice of Trustee's sale hereunder or invalidate any act
<br />done pursuant to such notice.
<br />!I That should Trustor sell, convey, tran2fer or dispose o1, or further encumber the property, or any, part thereof, without the written consent of Beneficiary
<br />being first read and obtained. then Berteficlary s4tall have the right, at its option, to declare all sump secured hereby immediately due and payable.
<br />12 That upon default by Trustor in the payment of any indebtedness secured hereby or in performance of any,agreement hereunder. Beneficiary may after
<br />notice of right to cure and failure to cure, if applicable, declare all aunts secured hereby Immediately due and payable by delivery to Trustee of written notice
<br />thereof, setting forth the nature thereof, and of election to cause to be so'S said property under this Deed of Trust Beneficiary also shall deposit with Trustee
<br />+.his Deed of Trust, said note(s), and all docutrents evidencing experid;turessoOiited hereby.
<br />Trustee shall record and give notice of Trustee's sa ►a In the Manrt'r required by law, and after the lapse of such time as may then be required by law,
<br />Trustee shall sell. in the manner required by law, said property el pot's auct 0 at the time and place fixed by it In said notice of Trustee's sale to the highest
<br />bidder for cash in lawful money of the United States, payab{e e1 tme o! talc. Trustee may postpone or continue the sale by giving notice of postponement or !'
<br />continuance by public declaration at the time and place tasl8100- fttadl#� the sale. Trustee shall deliver to such purchaser its Deed conveying the property so... >:
<br />sold but without any covenant or warranty, expressed or Implied AnyPsmWm, including Trustor. Trustee, or Beneficiary, may purchaaeat such sale.
<br />After deducting all costs, fees, and expenses of Trustee and of W'!- Trust. including cost of evidence of title in connection with sale and+ seasonable
<br />attorney's fees to the extent permitted bylaw, Trustee shah, epa;y the proceeds of sale to payment of. All sums then secured hereby and all att..c..�{ms due
<br />under the terms hereof, with accrued interest and the ra r a srter,'if ally; to the person or persons legally entitled thereto, or as provided in N.R.S. >,�7D11. To
<br />F extent permitted by taw, an 2cVon may be maintained byBere~ -tiary to recover a deficiency judgment for any bJt?tce due hereunder.
<br />'3. That in the event of dela Zt. Lie remedies provided in this Dead are not exclusive of other remedies n.? 1"I* 9' Senefrciary and Trustee under' a 'law.
<br />14. That Benrh1 y may appc-,t a sucoewmrr Trustee in the manne2 rq :,- cribed by law. A successor T �� a tt�.-ein shall, without conveyaaca tram the
<br />a7d Tcessor ;rusree, succeed L7 ail the pre:ecessor's ti �e,t S`ItS aowera: and duties. Trustee may resign by sail a: eelivering notice thereof to Beneficiary
<br />a-3 _Trustor.
<br />15 The: this Deed of Trust applies to, inures to the of, and binds all parties hereto, their heirs, legate-es, devisees, administrators Qm=utors,
<br />successors, and asstgns. The term Beneficiary shall mean'tne owner a^d'holder of the notes) secured hereby, whether or not named as Benefidiay herein. In
<br />this Deed of Trust whenever the context so r~squires, the masculine gerdar :includes the feminine and neuter, and the singular number includes the plural.
<br />16. That Trustee accepts this Trust when this Deed of Trust, duly execWad and acknowledged, is made a public record as provided by law. Trustee is not
<br />obligated to notify any party hereto of pending sate under any other Dena of Trust or of any action or proceeding in which Trustor. Beneficiary. ar Trustee
<br />shalt be a party unless brou�!ik bb Trustee.
<br />The undersigned Trustor requests that a co py of any notice of Trustee's sa::� hereunder be mailed to hired zt his address set forth aba»e.
<br />LAURA SMITH Trustor Trustor
<br />STATE OF NEBRASKA )
<br />)SS
<br />COUNTY OF HALL )
<br />C:v� this 12 day of May Sy�'s9 be!twa me. the undersigned a f+m ry Public,
<br />duty commissicred and qualified for and in sa,o stale and county, came _ '� =n .Try Smith,_ a 'sinRle hereon
<br />to me known to La the identical person Or persons whose name Is or names are affixed to the foregof,g Instrument and. acknowledged . n,
<br />to ltv his. her or their voluntary act and deed. gt!d the exe,�*�a thereof
<br />rMtso�*Irr�
<br />Witness my hand and Notarial Seal the day a5ras ,year last above written. GALA p"3'ad6iC
<br />Dgj g
<br />(� J NOTARY PUBLIC
<br />My commisaiwy expires the y of
<br />NE -1501 Rev.1 "F85
<br />BY:
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<br />y J. ner
<br />5
<br />West Second - Strect
<br />P. Box 1068
<br />�
<br />Grand Island, NE 68802
<br />(308) 382 -4520
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