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<br />4. As .additional eecurity, Truptor hereby gives to and confers upon Bers;; ! the right, power and authority, during the continuance
<br />of these Trosts to collect the rents, issues and pros of said property, reserving unto Truster the right, prior to any default by Trustor
<br />in psyugent of any kukbkAneea secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues
<br />and profifs as tloy.l eoaase due and payable: upon any such default, Beneficiary may at any time without notice, either in peas I by .
<br />agent, or by a receiver to be appointed by 's court, and without regard to the adequacy of any security for the iniiebtedneea herft secured,
<br />enter upon and tadue power ion of said property or any part thaw, in his own tarue we for or otherwise collect such rents, hand and
<br />prolita, inchWWW these past due and unpaid, and apply the same upon any indebtedness secured hereby, sad in such order as Beneficiary
<br />may datermfne. The eftems, Won and tailing possession of said property. the collection of such rents, issues and profits and the application
<br />thereofas afoseaddl, shall not cure or waive any default or now of default hereunder or invalidate any act done paesuant to such notice
<br />b. Uoon defaullt by Trmtor in the payment of any indebtedness seeing 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 dull Bell the trust property; in accordance with the Nebraska Trust Deeds Act, at public auction to the highest
<br />bidder. Any person except Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows. (1) ,to the expense
<br />of the sale. including s, reamonable- Trustee's fee; (2) to the obligation secured by this Deed of Trnsi; (3) the mplus, if any, shall be distributed
<br />to the persons entitled thereto.
<br />6. Trustee Shall deliver to the purchaser ai the sale .its deed, without warranty„ which shall convey. to the
<br />tht propaeiy which Trusior had.or had the purchaser the interest is
<br />power to convey at the time of his execution of this Deed of Trust, and such as be may have
<br />acquired thereafter. Trustee's deed chaff recite the facts showing tbat the male was conducted in compliance with all the requirements
<br />r of law and of this Deed of Trust, which recital shall be prima facie evidence of such cotnpliarsce and conclusive evidence thereof in favor
<br />of bona fide purchasers and encnmbrancers for value.
<br />7_ The pourer of sale conferrud.by this Deed of Trust is not an exclusive remedy; Beneficiary may cause this Deal of Trust to be foreclosed
<br />as a mortgage.
<br />, t3- In the event of the -death, incapacity, disability or resignation 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 />j trustee shall be vested with all powers of the original trustee. The trustee is not obliged to notify any party hereto of pending sate under
<br />-any other-Deed of Trust of of any action or proceeding in which Trustor, Trustee or Beneficiary shalt be a party unless such action or
<br />{ proceeding is brought by the Trustee.
<br />j 9. This Deed of Trust applies to, inures to the benefit of, and is binding not only an the parties hereto, but on their heirs, devisees,
<br />r legatees, administrators, executors, successors and assigns. The term Beneficiary shall mean the holder and owner of the note secured
<br />i hereby, whether or not named as Beneficiary herein.
<br />10. Request for'Notice of Default or Notice of Sale. It is requested that a copy of any Notice of Default or Notice of Sale be mailed to
<br />each person who is'named in this Trust Deed at the mailing address of such person as set out above.
<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 22 day of. AUguSt - _, A.D. 19_ 0 _.
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<br />STATE OF NEBRASKA ) X
<br />Ha j 1 y COUNTY' )sac _
<br />) X ,- _•_ .�,� c?,�1 S1,
<br />On this 22 ._ day of -A9UUSt , A.D., 19 90 , before me, the undersigned, a Notary Public. duly
<br />commissioned and qualified for and residing in, said county, personally came DIU)e A. Lorarim ad Uxi l le E. L orwe,
<br />husband Md wife to me known to be the identical person S whose name S affixed to the foregoing
<br />instrument as Trustor _ S and acknowledged the same to be their _ _ Vol-
<br />untary act and deed.
<br />Witness my hand and Notarial Seal the day and year 1
<br />My Commission expires the S —_ da itiliMt A♦<gSta1t d
<br />of February , 1911-- MM111M V. WAT> W
<br />SPA -rr: Ur _ ) .. .
<br />as.
<br />County r
<br />Entered in Numerical Index and filed for record in the office of the Register of Deeds of said county, the
<br />day of.. _ _ ___ , 19_.__.__, at . - - -__ _.. -. __ O'clock and
<br />minutes :1+I., and duly recorded in Book __..... . _ - -. of..-.—
<br />Mortgages page
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<br />991 R42 NE
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<br />Register of heeds
<br />Deputy
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