|
r-
<br />89-104856
<br />4. As additional security, Trustor hereby gives to and confers up= Be4eficiary the right, power and authority, during the continuance
<br />Of the* Trysts to a0act the rents, imuea and profits of p iY ;, 't;'�g unto Trustor the right,T Tor to any default by Truatar
<br />in payLent or wy: iiadebtedaees secured hereby or in petformonve of AnA agreement hereunder, to collect and retain such rents, issues
<br />and profits as they become due and payable. Upon any such dtd'mlt' Bi@@eticiary may at any time without notice, either in person, by
<br />agent, or by a receiver iver to be appointed by a cou and walunit nrgairr tolne adequacy of any security for the indebtedness hereby secured,
<br />enter upon and take possession of said property or any pail, thereA.i4;Itis own name sue for or otherwise collect such rents, issues and
<br />profits, including those past due and unpaid, and apply the same ups». 44w indebtedness secured
<br />hereby, and it such order as Beneficiary
<br />may determine. The entering upon and taking possession of said pnopeM� ;Ahe collection of such rents, issues and profits and the application
<br />thereof as aforessid, shill not cure or waive any default or native of ddaUlt'hereunder or invalidate any act done pursuant to such notice.
<br />5. Upon default by Trustor in the paym —xi of any indebtedness secural:hereby or in the performance of any agreement contained herein,
<br />all sums secured hereby shall immediately become due and payable at thaoption of the Beneficiary. In such. event and upon written request
<br />of Beneficiary, Trustee shall sell the tit pmpertA in accordance with- the Nebraska Trust Deeds Act, at public auction to the highest
<br />Insider. Any person except Trustee may.111d at Tu la. ado -T ustee shall apply the proceeds of the sale as follows: (1) to the expense
<br />,4rt a sale, including a reasonable Tru.-bEde. fe; (2) to thoobligation secured by this Deed of Trust; (3) the surplue,•if any, shall be distributed
<br />ao the persons entitled thereto.
<br />Trustee shall deliver to the purl, +argils at the sale its doA; w1ounit warranty, .which shall convey to the .purebaser the interest is
<br />.rile property which Trustor had or bad to rr W.' wer to convey at they. tiiiie of his execution of this Deed of Trust, and such as he may have ,
<br />r iagiiired thereafter_ Trustee's deed shall'. s mte the fmin shoving that the sale was conducted in compliance with all the requirements,.
<br />of law and of this Deed of Trust, which' c Whal sha1Vf*• 0mmu. facie evidence of such compliance and coaclusi ie Qvfdence thereof in flier, ,
<br />.of bona fide purchasers and encumbranceri_ G"r. value. .
<br />7. The power of sale conferred by this i Bel - -of Tract is riot an err clusiv remedy-, Beneficiary may pause this of Trt15t t�?>e, areclosed
<br />as a mortgage. .
<br />8 In the event of the death, incapacity, disability,. m .re-Eignado n of Trustee, lrefisiary may appoint in. vasi5zg a successor trustee;'.'.
<br />and upon the recording of sW ointment in the m%tltiga•records of the count` `w which this Deed of T*u3t is.tewrded, the auccesr.�s :, ,
<br />trustee shall be vested with 0.1^aai ;s of the odgind' trnEtee..The trustee is not cried to. not* any part{• 1kireia of pending sale under:• :
<br />any other Deed of Trust or of =.y zadaxi: K,= proweding-in which Truster, Tniatte :cr Beneficiary shall be a paity.•i;rbm such action or
<br />proceeding is brought by the Trustee,
<br />9. This Deed of Trust applies to, inure- ixs the benefit; ref; and is bii &zg net oeiJr on the parties hereto, iiky vn their heirs, devisees,
<br />legatees, administrators, executors, suecessms and ardVw.- -The ter-. �nefciar3 -mall mean the holder and.ewner of the note secured
<br />F ;nreby, whether or not named as Beneficiary herein.. .
<br />Request for Notice of Default or Notice of Sale ft h,-Mgae -t]iy a copy of any Notice of )default or Notice of Sale be mailed to
<br />exc'. person who is named in this Trust Deel, sit: the mailing addre c:f.-mch person as set out above.
<br />NOTICE TO CONSUMER: 1. Do )list sign thW paper before you read it. 2. You are entitled to a copy
<br />of this 'paper. 3. You may prepay..ifto, unpaid• balance at any time without penalty and may be entitled
<br />to receive a refund of unearned. merges in accordance with law.
<br />Signed this I l day of 356Pti:mber , A.D. 19 89
<br />STATE OF NEBRASKA ) 'vim
<br />Hal I )as.
<br />-COUNTY
<br />3 -
<br />On this I I day of -- September-, A.D., 19 '�?g , before me, the undersigned, a Notary Public, duly
<br />commissioned and qualified for and residing in -wild county, personally came Brent Lloyd and i/ir_ky G Lloyd,
<br />husband and wife to me known, to be t6 identical person S whose name $, affixed to the foregoing
<br />instrument as Truster 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 _ 8 da YSf�t d Mai
<br />of February 19 MINIM Y. wAT>tON
<br />91
<br />S'L'ATE OF _ )
<br />County j 89.
<br />Entered in Numerical Index and filed for record in the office of the Register of Dee& of said county, the
<br />day of ,w.. 19. ._, at (�doek and
<br />minutes M., and duly rear : ded in Book of .
<br />Iwtrsrtgages page
<br />991 E82 rNE�
<br />Register of Deeds
<br />Deputy
<br />F.
<br />1!
<br />Mr
<br />I a;
<br />
|