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<br /> :� ` �+t `. < The power of Sale wnferredupon the Tnutee shall nnt be eaerased unb7 the Trustee shaU frrst 61e for re.cord,in �'; y
<br /> �'� � ths Offue of the Re�jster of Deeds of rach coimiy whereia the trostpropert�or some part or garcel thereof is sitnated,
<br /> �L^ � � �,f.: a Notice of Defauli,identifymg the Trast Deed by stating the uames of tho Trn.stos aamed therein aadg►vmg the Hook aad -
<br /> j=`^` � ' ���'�� P �ere the same is recorded, a descripuon of the tn�st propertY, and camtaining a statemeni that a breach of an � -
<br /> �."� - - .i�.� o�tion foz which the irnst prroperty was�avey�as sec�i�!has oc�ed, a�d se�g forth ihe n�of such b� '•--'§ :,
<br /> �":�_' << '.'�; .�.``� `. and his etection to sell oz cause to be sold sach pro�ty to the oblig�tian;aad afrer the lapse of not less thaa one �:z.' .,
<br /> - month,t6e TnLStee shaU give no�ce of sate as pmvcded by Nebsaska�aw. ` �`�
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<br /> f..: :`-c �='y" :: After Notice of DelaWt and lapse of not less than oae month,ihe Trastee s6a11 give written aotise of the time aad
<br />---�`t. .��4 °�- ce of sale particular1� descnbing the Property to be sold by pnbliration of sucb notice, at least five mnes, once a week ..
<br /> �`��:1��° ' - . _• :.,` �five wnsec�+e weeKs,the last pnb}icatioa to be at Ieast iQ days but not more than 30 days prior Uo the sate,ia some - -_
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<br /> `1:�€� i:-�: �.<`,<. n e w s�►a Per ha v i n g�naal c'aculatioa in each cotmty in wIuch the property to be sold, or some part thereo� is sitnated.
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<br /> �:.�_�<_:: :-.. < `.,... ;' Upon such sa2e,the T:ostee shaIl esecute and deliver a deed of w�eyance of the praperty sotd to the purc.haser , ` "
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<br /> '� . � . ` `� ar gorcbasers thereof and any stat�nent or recital of fact iu sucb deed m selatwn w the exercise of the Pov�er of Sale aad ;:.�: ..
<br /> y ` `- m a H i a e r sonal delive asd nbTuation aad � <
<br /> t��"� ,: s a l e o f t h e psop�y d e s c n b e d h e r e i n. i a d n d i n g r e d t a l s c a n c e m i n g a n Y S, P_ �3► P .t
<br /> ��� �_'<_ � � � posting.of aotice o� such and the condact of sate, sball canstitute prima faae evidence of snchcomp� aad
<br /> � .�r ;.. coa�lasme evideuce thereof s'ma�vor of bona ftda�c6as�rs and eacumbsxaeers fQt valt� and withovt nnrice.The Tsnstee's
<br /> "�::�i � . � �` deed shall operate to couvey to the Purehaser,withont right o f r e d e mption,t h e T s a s tee's t i t le a a d a I l r i�t,t i i l e a n d c l a i m _
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<br /> �_� uf Trastor and Li�successors ia interest sabsequeni to the eneattion of the Trnst Deed.The Trustee sLall appty the proceeds ° -
<br /> �a- u s `' of the Trustee's sale,FlRST,to the cost and expenses of eserasing t1�e Power of Sale,and of ttte sate,indu the payment .: .
<br /> " �';�•° . of the Tn�stee's fees actnalh►�curred,whidi fe�sha�l in�ude a reasona6te attorneys�ee,noi to exceed 835�; SECOND, M1
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<br /> �� - �° ;� to the paymeni of the ob3igauans secured by the Tnui Deed;���the paymenl of jtmior mtst deeds�mortga�es ar .
<br /> ._,;._,•:: . other fienholders.and the 6alance,if any,to the person or persons legailq entitted thereto. ` �
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<br /> .-.. �; . Aad tl:e Trustee covenants faithfoliy to perform the trast hereia areated. Tnut�e shall have no obligations aader ��...:_;.:.
<br /> : "-�:�;, �: ;` . ` - this Trust Deed other t6an those expresstY Provided for herein. ',d ,qF"
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<br /> .::;�,r4. '• � ` BENEFICtARY may&om time w time sabstitnte a saccessor or successors to any'1'nutee nained hereia or acting ;._ '
<br /> -��;�;l; hereuader to exeaue the Pawer of Sate nndes this Trust Deed. Upon sach appointment and withont coaveyaace to the
<br />- �•�.�.:.• ..'°.. - `_.LP�=' successor;the latter shati be vested with aIl title, Powe*s► and duties conferred upon an�y wstee hereia named or actnu� ..�, �•c •
<br />—,•�=''� _. heret��er. Each socl���lxctinnian and appointment shall be made ia accordaace with We laws of the State of Nebraska _;�, _
<br /> � - =,;�`` aPpticablethereto. ,.
<br /> �`�''.:��'��.. " - , , ..s.:• 'fhe waiver hy the Trustee or Beneficiary nf any defautt af Tsostor uader t6is Tsust Dced shall not be deemed to
<br /> °-'��;``:�.:`�' �,: be a waiver of any other os sim�ar defaults subsequently occunin& '
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<br /> • ' ` This Tmst Deed sball be construed accarding to the laws of 4he State of Nebraslca :� _ ., .
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<br /> `.•��=-:�---�-`:'-`"•`��-�� This Trnst Deed shaII inure to and bind the aeus, tegatees, decisecs, adminigtrs•.ors,�toss and assigns of the
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<br /> ,,. � � • , parties fieretfl. _ :
<br /> . ;u"�,; �„ : .. Tbe parties hereto cequest that a copy of any notice of default or notice of sale hereunder shall be ma�7ed to the `�-f
<br /> •� r •;::. . . � Trastor at 41Z7 Manchester.Grand 1slana.Nebraska 68803 and to the Beneficiary at Z511 oi.aftcew�od�6� a �a . :
<br /> *:;f.>..,.<, � NE 68841, by certifiecf ma�, tmless either party s6all be advised, .ia writing, Y , _
<br /> � :��:��'•' Wherever the context so reqaires. singular words shall be construea in the piural and vice versa,aud the mascaline .
<br /> f.<�:` ` , � gend�r sball be constsued to include the femuiine and vice versa - _
<br /> � `:.�� ` j` •� '. WITNESS OUR HANDS this 14th day of January.1949. _
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<br /> .::. ,: . . . ` „� STATE OF NEBRASKA �
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<br /> . `'� � ` . : i �a fQre oin�jtast�sumen r�acknowledged before me this ldt6 day oi Januury,1499 by 3efTrey M.R�ls�Presideni oi Reis ,.
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<br /> , f� > . ,1 ( � � • � CENFRAL NOiqp�Stateat NeDcasMa .
<br /> . ,;.`�. -�c . .. .. � II. ' l��G:i�CC i✓ M4RN�ESCluGERSUNDfRR1EtfR �
<br /> 'y:;. . . � � . � Mr Comm FiD Stpt 8.?000 ':�.
<br /> � .F;' _ � � NtY17CE , •
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<br /> • `� ��•-: ' When this Trust Deed has beca paid in foU, the Beneficiary, in order to rcicase the lien, must:
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<br /> �� . '� • d Tvust Deed'Pai d l n FuU' over the signatures of ell beneficiaries and date � ..� .
<br /> . . . •. t. Mark the original Promissory Note aa
<br /> . " • : : ;� all signattues.
<br /> � 2.Advisc thc Trustce, in wtiting, that all amounts securcd have bec� paid in full and authoriu the Trustee to issne ' �
<br /> ' �•. � � . � a Deed of Reconvcyance. �
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<br /> • � 3. Mail the original Promissory Note. T�ust Deed and wri�ten authari�ation to thc T�ustee at the address indicated +
<br /> - � on thc first page of this Prust Decd. � .
<br /> •- - Pursuaat to Nebrnslca� law. the Trnstee raonot and w111 not issue a Deed ot lteconceyance unlesy �nd untU lhe �
<br /> � :�,_ torer��in�items 1..2.,and 3.have ln�n complled wi:h. •
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<br /> . '' i. °'�5 S °�.�.Sa^«rw�,+4•.,b�•ye0 Re>�E:!.-'c Sn�r:o��,._ .�.N i�a i tei �a,�.> a9�)tit • .
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