r
<br />d. As sd4itK'NT11 aectiu$W, r hereby gives to and confers upon Beneficiary the right, power and VMthiei%..ivisinit the continuance
<br />of t Trcxrts to collect ap welts, ism" and prodte of said property. nssrving unto. Triuk4 the. rift, VjMw t -n Mnv default by Trustor
<br />im pNornwnt of any indebbtdncnu. es ursd hereby or in prnfivsxnance of any atrwment bRwunder. to collect andl r"n such rents, iasuas
<br />acid profits as they become, die* and payable. Upon My esc,,yth default, Beneficiary nxt at any time without notice, either in person, by
<br />agent, or by a rspiwr te 6e sy inted by a court, and without regard to the s"jusoy of any security for the indebtedness hereby secured,
<br />enter upon and take possession of said property or any part thereof, in hie own napie aua for or atherwiss celleet such rants, issues and
<br />profifa, isoluding these post due and unpaid, and apply the same upon any iiidGhtedness aeeured h.roby, and iA such order sa BsMflciary
<br />pray deteessins. T1is entsring upon and taking possession of said pmperiy, the collection of such rent, issues and pr+Otits and the application
<br />tbarsalae aforesaid, atoll not cure or waive any default or notice of default hereunder or invalidate any act dons put'Gwnt to ouch notice•
<br />b. Upon default by Truster in the payment of any iiidGbtednsss aecund hereby or in the performance of env sgrsarMnt coritsiMd herein,
<br />all gases secured Mrsby shall immediately become clue and payable st the option of the 1NMficlary. In such svtnt and ups► whiten r egtiesi
<br />of Beraflciary. Trustee shall all the trust property. in accordance with the Nebraska Taut Dssds Act. at public auction to the highest
<br />bidder. Any person except Trustee may bid at 'hustse'a Gals. Trustee shall apply the proceeds of the sale as follows: ( 1) to the expense
<br />of the "it, including a reasonable Trustee's fee; (2) to the obligation secured by this Deed of Tvud; (3) the surplus, if any. shall be distributed
<br />to the persona entitled thersto.
<br />d. Trustee shall deliver to the purchaser at the "Is its deed, without warranty, which shall convey to the purchaser the interest in
<br />the pnnmty which Trustor had or had the power to convey at the time of his execution of this Deed of Trust, and such u he may have
<br />tliersaftsr. Tln►seGS's deed shall recite the facts showing that the Gels was conducted in compliance with all the requirements
<br />or jaw a of this Z of'hust, which recital shall be prima facie evidence of such compliance and conclusive evidence the
<br />in favor
<br />of bona fads purchasers and encumbrancers for value.
<br />7. The power of sale conferred by this Deed of Trust is not an exclusive remedy; Beneficiary may cause this Deed of Trust to be foreclosed
<br />as a modesge.
<br />8. 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 />trustee shall be veaed with all powers of the original trustee. The trustee is not obliged to notify any party hereto of ppeending sale under
<br />any other Deed of Trust or of any action cc proceeding in which Trustor. Tmstxe or Beneficiary shall be a party unless such action Or
<br />proceeding is brought by 00,huKee.
<br />9. This Deed of Trust airs to, inu" tea the ben4t of, and is binding nct o-.9y on the parties hereto, but on their heirs, devisees.
<br />legatees, administrators. eiecutum, sum and Lwngns. The term Beneficiary shall mean the holder and owner of the note secured
<br />hereby, whether or not named as Beneficimy herein.
<br />10. Request for Notice of Default or Notice of Sale. 11: is requeated 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 lit. Z. 5iou ale enuuea-so a Mpr
<br />of this paper. 3. You way prepay the unpaid balance at any frlme witlmut penalty and may be entitled
<br />to receive a refund of unearned chaMes in accordance with law.
<br />Signed this 7 _ dity of JU 1y , A.D. 19 89
<br />STATE OF NEBRASKA,. ►_ X _
<br />Ha 11
<br />COUNTY
<br />On this 7 --'day of __ emu-- -. A.D., 19 89 . before me. the undenigncd. a Notary Public. duly
<br />Ch r1QS L Wegner and Roxanne
<br />coearsi if for and residing in said county, personally came � �.._._....
<br />Wegner, u' anQ dntl�' 'j e to me known to be the identical person 5 whose nus;re S awed to the foregoing
<br />Trustax
<br />instrunsent as S _ and acknowledged the same to be their vol-
<br />-- -
<br />untary act and deed.
<br />Witness my hand and:i~lotarial Seal the day and year last above written- �.
<br />My Commission expites the 8 day 1b
<br />Of February 19 91
<br />G
<br />STATE OF
<br />188.
<br />county
<br />Entered in Numerical Index and filed for record in the office of the Register of Deeds of said county, the _
<br />day of _ W _ — , 19 , at o'clock and _ —
<br />minutes M., and duly recorded in Book .__ of
<br />Mortgages page - - - - -
<br />W1 to iMF
<br />Register of Deeds
<br />- Deputy
<br />M.
<br />r�
<br />ifs-
<br />7
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