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<br />-..• 108895
<br />4. As additional security. Trustor hereby gives Ito and confers upon Beneficanry this right. power and authority, during the continuance
<br />'Frusta' the right, prior to any default by Trustor
<br />of these Touts to collect the rents, issues and profits of said property, reserving unb3
<br />in payment of any indebtedness somted hereby or in performance of any agmment hereunder, to collect and retain such rents, issues
<br />default, Beneficiary may at any time without notice, either in person, by
<br />and profits as they became due and payable. Upon any such
<br />agent, oe by a receiver to be appointed by a court, and without regard to the adequacy of say security for the indttbtednens hereby secured,
<br />thereof, in his own name out for or otMewise colleet such rents, issues and
<br />enter upon and Late posseaeion of said property or any part
<br />pevtlts, including thous pest des sod unpaid, and appix the ware upon any indnhtednose secured hereby. and in such order as Beneficiary
<br />tM of each nnLs. issues and prgflb and the application
<br />may determine. The catering upon and feting pnesasaic►n of said property, oolTgotion
<br />thereof as aforosaid, shall nee sure or waive any default or notion of default hereunder or invelidats any acL done purwant to such notice•
<br />8. Upoe default by TcusLor in the payment of eny indebtedness socund henbM or in tha perfirrnanee of say a8reament contained herein,
<br />become des and at the option of the liatlefiaiary. In such ovenL sad upon written request
<br />all cows second hereby shall imeaediatelK payable
<br />of Beneficiary, Trustee shall rll the trust property, in accordance with the Ngbraslta Trust Deeds Act, at public aueLion to the hi�st
<br />bidder. Any pemn except. Trustee may bid at Trustee'* sale. Trustee shall apply the proceeds of the sale as follows: (1) to the axpenee
<br />fee; secured by this Deed of Trust; (9) the surplus, if any, shall be distributed
<br />of the sale, including a reasonable Trustee's l21 to the obligation
<br />to the persons entitled thereto.
<br />C,. Trust" shalt deliver to the purchaser at the sale its deed, without warranty. which ,hall convey to the purchaser the interest in
<br />the time of his execution of 16* Deed of Trust, and such as he may have
<br />the property which Trustor had or had the power to convey at
<br />acquired thereafter. Trustee's deed shall recite the facts showing that the saki Was COMUEted in compliance with all the requirements
<br />aompli r" and coruiutsive evidence thereof in favor
<br />of law and of this Deed of Trust, which recital shall be prime facie evidence of ouph.
<br />of bona fide purchasers and encumbmneers for value.
<br />7. The power of sale conferred by this Deed of Trust is not an exclusive remad�rt Beneficiary uwv cause this Deed of Trust to be foreclosed
<br />as a mortgage.
<br />8. In the event of the death, ineal1ar -ity, disability or resignation. of Teiatee, Beneficiarr . amy appoint in writing a successor trustee,
<br />the amr4y in which this Deed of Trust is recorded, the sucoreaor
<br />and upon the recording of such appointment in the mortgage records of
<br />be vented with all powers of the original trustee. The trustee in acct obliged to notify any party hereto of pending sale under
<br />trustee shall
<br />any other Deed of Trutt yr at anir action or proceeding in which Trustor, Trustee or Beneficiary shall be a party unless such action or
<br />proceeding is brought b F L> w Tmstae.
<br />9• This DeW. of Trust o*ies w, jw1res to the benefit of, and is binding not only on the parties hereto. but on their heirs, devisees,
<br />the holder and owner cf five note secured
<br />legate administratom executors, • successors and assigns. The term Benefeimm. shall mean
<br />e*.
<br />hereby, whether or not named as Beneficiary herein.
<br />10. Request for Notice of Default or Notice of Sale. It in reggested that a copF of any Notice of Default or Notice of Sale be mailed to
<br />t y,
<br />each person who is named in this Trust Deed at the mailing addrees of such hereon as set out above.
<br />f .
<br />NOTICE TO CONSUMER: 1. Do not sign this paper before you rend;. it. 2. You are entitled to a copy
<br />�.-
<br />'' --- o w-- ,..i............, *16,m un oid h� lance at any time without penalty and may be entitled
<br />_ _ va snai vwrwa. v ...� — J p...r� -a --�— —: - -
<br />to receive a refund of unearned charges in accordance wit#i leer.
<br />signed this — 27 day of JULY . A.D. 19-89--
<br />.
<br />STATE OF NEBRASKA ) _
<br />1 ss. �- �• :
<br />%{ail COUNTY
<br />On this 27 day of JULY , A.D., 1g' S9 , before me, tbielmdersigned. a Notary Public, duly
<br />conum4siorked d qualified for and residing in said county. personally came Edward I Johnson all Mary S.
<br />Johnson, husban(] af)d Mlfeto me �wn to be the identital persons -.�. ,chose name affixed to the foregoing
<br />instrutamt as Trustor S and admawledged the -same to be their Vol-
<br />untary act and deed.
<br />witutss my hand and Notarial Seal the day and year las
<br />My commission expires the 8 �Y fM Y. wATS M ,;
<br />91 - f`"
<br />Of February : 19
<br />Pt t�ilia
<br />STATE OF '?'`•;
<br />County
<br />Entered in Numencai index and filed for record in timukice of the Register of Deeds of said county. the _-
<br />day of, '19— , at o'clock and
<br />minutes M., and duly recorded in Book _ of
<br />Mortgages page
<br />a
<br />Register of Deeds
<br />-- Deputy
<br />W. 1 E42 o.%F
<br />t.
<br />o �►
<br />r
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