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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 <br />