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<br />10. That as additional security, Trustor eebbyy gives to and eanfem upon Beneficaary ten right, power. and auslerity, during the continuance of Oils Trust to
<br />collect the property Inoonre, reserving tohTrushm the right. pdorto any defauh by Trugor in paymaM of any IndWadna" secured hereby or In performance of
<br />any agreement hereunder, to collect and retain such property hcoels as tt bwostee due and payable. Upon any such default, Beneficiary way at any time,
<br />without notice. either in person. by agent or by a receiver in be appointed by a court, and withctd re jard to the biquacy of any security for the Indeblednass
<br />hereby secured, enter upon and take possession of said openly or argr part thereof, in his own name sue tot
<br />or otherwise collect such property Income.
<br />Inciudin9 that past due and unpaid, and apply the dame. IN* code and a><penese Of operation and ooUMIJoh.10110ding reasonable attorney's lees, upon any
<br />IndeDNdnees secured hereby. and in such order as DowelloWy, may determine. Ito a mering upon and takYra poeeessbn of self property. the collection of
<br />such
<br />a the application thereof as akrneeld, ahaM not Darr or calve any dWnuft or notleo o�T�uiWe'a silk hweundar of Invafldate any act
<br />done
<br />11. T lent had and slor ad. then �' transfer or dispose at or fuller encumber the property, or any Inge Uroreol. without the written consent of Genet isay,
<br />Beneficiary, shelf have On rlgb% at Its option, to declare eel aunty secured hereby immediately due and paysbfa
<br />12 That upon default by Trustor in the pinyment of any ItbebNd %else secured hereby Of In performance of eery aQ,reenrenl tnerenrrsder, genefte{wy mov after
<br />notice of right to cure and tailors t0 aurs, it applicable. 0eolRra sit some snouted hereby Im mediayNy due and pq&:W by d§VMy to Trustee of of
<br />thereof. setting forth the nature thereof, and of suction to Cause to be sold said property under fists Deed of Trust Brrasolary also d W deposit **A Trustee
<br />'
<br />this Deed of Trust sale nofo(s> and alf documents evidsnaWg expenditures Owned hereby.
<br />Trustee shall record and give notice of Trustees sale in the manner required by law. and air Oho lapse d such beets as may then be required by law,
<br />Trustee shall sell, in the manner required by law, said property at public sucilon at the time and place fixed by Itin said notice of Tastee's sale to the highest
<br />bidder for cash in lawful money Untied
<br />of States, payalbte attlme of safe. Trustee may postpone or conch ue 1he sate by giving notice of postponement or
<br />continuance by public declaration at the time and place 1001 appointed for rte sale. Truslas shop del1w to each putehaser'llts DW conveying the property eo
<br />sold, but without any covenant or wenagly. expressed or Inls d: Any persons, I neiuti ft Trustor, Trusses. or Benifiolary, -such
<br />may purchos of eats.
<br />i
<br />After deducting all costs, tees, and exp rtm of Trustee and of this Trust including cost of ovk1once of *0 In connection with sale and reasonable
<br />� apply the procesis of sale to
<br />attorney's tees to the extent permitted law, Trended shall a payment of. NI &urns bw esetuad hereby and all other sums due
<br />under the forma hereof with accrued interest and the remainder, if any, to the legally
<br />parson or persons antWW tl OM% or as provided in N.R.S, 678.101 s.-To
<br />the extent permitted by taw. an action may be maintained by geneficiary to recover • deficiency judgment for any balance due hereunder.
<br />i
<br />13. That in the event of debuh, the remedies provided in this Deed are not exclusive of other remedies available to Beneficiary and Trustee under the law.
<br />14. That Beneficiary may appoint a successor Trustee In the manner prescribed by law. A successor Trustee herein shall, without conveyance from the
<br />�d Trustee, succeed to all the predecessor's tile, rights, powers, and duties. Trustee may resign by mill or delivering notice thereof to Bensfictary
<br />15. That tots Died of Trust applies to, inums to the benefit of and binds all parties hereto, their heirs, lepatees, devisees, administrators, executors.
<br />successors, and utigns.The term Beneficiary shall mean the owner and holder of the note(*) secured hereby, whettw or not named Beneficiary
<br />I
<br />me herein. In
<br />this Oeed of Trust whenever the context to requires, the malcuWse gender includes the l rninine and nout or,• and the singular number Includee the plural.
<br />IS, That Trustee accepts this Trust when this Deed of Trust duly executed and acknowledged. Is made a pubfo record ee provided by law. Troetse Is not
<br />obligated to notify any party hereto of pending sale under env other Deed of Trust or at any action or proceeding in which Trustor. Beneficiary, or Trusses
<br />shag ba a party uniiaaa brought by Trustee.
<br />The undersigned Trustor rsqueets that a copy of any notice of Trustees sale hereunder be mailed q him at his 0000 set forth above.
<br />1 Y+.� •� �/i �+ ✓• nil
<br />( ,�
<br />i
<br />WAYNE D. BURSON Trance BEVERLY L .IURSON TnMar
<br />STATE OF NEBRASKA )
<br />) SS
<br />COUNTY OF )
<br />—
<br />prey 10th dayal October. 90rssnpe
<br />duly asy °_� .leg ve r 'y L I c son an �'
<br />oonsmiaelated and qualified for and in said state and county. personally carne . , s
<br />• , i
<br />wife
<br />tome known to be Use IdenftW person or persons whop name la or n mea are affixed to the bregWg Ins&umot w d scbKxvbOgW ties exeoation Ilnereof
<br />to be M16 her or dv* voluntary act and dent.
<br />Ylebse ss my hand and Notarial Seat the day and year last above written.
<br />MARY PUBLIC
<br />,
<br />My commission sceptres the _t day of
<br />— — ,1g j M IIIra11
<br />OAPIIA M. POLAK
<br />NE -1601 i;ler► 1f /e6 f y Comm ev Air 71. 1991
<br />�1
<br />i�P BY: IT
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<br />Cpl
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<br />50 Wes Second Street A
<br />P. Box 1068
<br />land, NL 68802
<br />(308) 382 -4520 ra f
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