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<br /> $9-- 105905 � �
<br /> ~{ 9. nx ��y u�1tv,'!'ru ,.
<br /> �N�MK+d�Y 6n'�w tn and�onf�re upon Reneficiery the ri�ht,power and outhority,dunng tho cantinunncd
<br /> I ' 4f thesc Tru�t�Y 1�Ue�t th�nnt+�, ieeuee and proGta of eald propetty. �ererving unto Truitor tha eiFht, priar ta any default by 'l�u,ytor
<br /> in payment of eny iade�btedneee �ecured hereby or in performance of ony aEreement here�nder. to callcct and reiain nuch �ents, iesues
<br /> and pmfits aa they become due and p�yable. Upon any euch def�ull, Beneticlery may at any time without notice, either in pereon, by
<br /> agent,o�by e�ecelver to 6e appointed by a court,and without regard to Lhe adequacy of nny oeecu�ity tor the indehtedness horoby secured,
<br /> ente� upnn snd take poreeeion af eaid propetty or any pstt thereof,in hii o�n neme eue for or otherwine rnpect auch rente, iaeues and
<br /> pmllt�+,includlnR thaee p��t due and unpaid,And apply the eame upon any indeDiedners eecured hereby,and 1n euch order aa Beneficiary
<br /> msy determine.The entering upon and taking poeeeeaion of eaid pmperty,the collection of�uch ronte,iaeues and profite dnd the applIcatioa
<br /> thereof hs aforesaid,ehAll not curo or wafve aqv defiult or notice of default hereunder or invalldate any act done pu�euant to euch notioe.
<br /> G. Upon default by 7�ustar in the payment of any indebtedneee eecured hareby o►in ihe performpnce of any agreement contained herein,
<br /> sU cums�ecured hereby ehall immediately become due and payable a!the option of the Beneficie�ry.I�r euch event and upon wrltten requeat
<br /> of Beneflciary,Truatee ehall eell the truet property� in accordance wittc the Nebraaka Truat.F12eri,4 Act,at pu611c auMion to the hlgheet
<br /> biddc�, Any pereon e:oept Truetee may bia st Truetee'e rale. 'hvataa '�hnU apply the proceed.a p�ctYc�eale aa follawa: (1) to the ezpenae
<br /> oF the eale,including a reaaonable 7�uatee's foe:i.2►to the�'.igation eecu�d 6y this Uee�of'I�usE;���t3�e eurplus,if any,eha116e distri�uted
<br /> to the pereons eatitled therew.
<br /> 6. 'Tru,eter sha9t deliver W the purchaspr at CF�e sale its deed,withaut w0rtan�v, a�hich ehall mantey to thn purchaaer t�e anLerest in
<br /> the�ropertp wF�iT;'�'�`ru�to�had or had the�wer to rnnvev at the time oFhia execut�aa of'this Deed of Truat,xnd such a�he�y ha4e
<br /> aa�uired therea43er. 'Fn�tceA deed ehaU recite the facte ehowing that the sale was candurted in campliance wit]� �ll the��puircmeata
<br /> . o�la�r and oF thi�Dieed of'►1re�st,which recital ehall be pnma fACie evideace of cuch cor,pliance enc3 oonctusi�e+�ci�ence tAereof in favor
<br /> c.i�ona nde puschssers and encumbrancere for value.
<br /> �.7l�e power of eale oonfen+ed by thi�Deed of Truat is not an e:clnsive remedy;Aeneficiary m�y cauae thie Iked oi Trust ta be forecloeed
<br /> as a mortgage.
<br /> +3, in the event af the death. �ncapacity, dieability nr �esignation of Trustee, Beneficiary may appoint in wrlting a eucceasor tntatee,
<br /> dnd upon the recording oi auch appointment in the mortgage recorda of'the county In which thia Deed ol'Truet ia r�corded, the successor
<br /> truetee ehaq he veeted with all powers of the on�inal trustee.The trustee is not ubliged to notify a�y party hereto of pending eale under
<br /> aay othe� Deed of 7`�uet or of eny action or prooeeding i� which Trustar,Trustee or Aeneficiary ahall he a part}• unleas suah nctian or
<br /> proceeding is brouqht by the Truxtee.
<br /> 9. Thie I)eed of Truet appliea to, inure� to the hene8t of, und is hind�ng not only on the part�ea hereto, but on their heiro, deviaeea,
<br /> legateee, edminietretora, e:ecutore, euccee�re nnd asn�gna The term {3rneficiary ehall mean the holder and owner of the note aecured
<br /> herebp,whether or not n�med ae HenePciary here�n
<br /> 10 RequeeE for Nolice of Ikfault or Notice of�ale. It i� requestrd thAt e capy of any Notice af Default or Notice oP 3ale be mailed to i
<br /> each penon who�s nsmed in th�a Truat Ik�d at the mailing addn�sa of euch per�n as eet out aDove. �
<br /> NOTICE TO CQNBUMER: 1. Do n�t eign thfs paper betore yau read it. 2. You are entltled to a copy !
<br /> of this paper. 9. You may prepay the unpaid balance at any time without penalty and may be entltled i',
<br /> tf1!'F�P#1VaATOfa1��a�tas s .N� 3� .a-- �.� ..._
<br /> � - .��..s ....:.l:.:.6vs ..,��a:v�{tance wun tew. - .
<br /> si�►ea chig 25 aay os October �,w.n. is 89 .. �'
<br /> STATE OF NEBRASKA � _� ,,,�
<br /> _ Ha l l coUt�TY ;eA. x '/'`'�G° • �' , ��
<br /> October � �r��
<br /> On this — 25 day of____ . A.D.. 19 89 , before me, the undersaghed, a Notsry Public, duly
<br /> commisaioned and qualifiea for and residing in eaid county, personally came Gar�G_. M01^Qdfl & Debora Jo Morgan,
<br /> husband & wife �o me known to be the identical pereon 5 w6�ose name S af�'iaed to the foregoing
<br /> eesstxvment aa Truetor S __�._____ and acknowledged the same�to 6e thei_r _____�ol- °�
<br /> vntary act and deed. .
<br /> Witnesa my hsc�d and Notariul Sea)the day and year las =-�-� �,
<br /> �Iy Commission eapirea th 8-- da A8P-S�2e of M�ist�i � �
<br /> of �e��81"y . 19 91 y ill�il11111►.WATfOH ��, j , _,
<br /> -.� '� arci-.ri ,:
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<br /> STATE OF --- �----�-- �
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<br /> � Ceunty �
<br /> IEntered in Numerical index und filed for record in che ofFice of the Regiater of Deeds of esid county, the _ _._
<br /> � day of --------_---- -^ --•-- --- , 19. _. at o'clock und --
<br /> tninutes . 1i.. and duiy recarded in Baok ----- _ of--
<br /> ! Mortqages page � � _—'�--
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<br /> Register of Deeds
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