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202401336
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Last modified
4/1/2024 4:04:18 PM
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4/1/2024 4:04:18 PM
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DEEDS
Inst Number
202401336
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202401336 <br />Trustor at least ten (10) days' prior written notice of the time and place of any <br />public sale or other disposition of such property and if such notice is sent to <br />Trustor at the address above set forth, it shall constitute reasonable notice to <br />Trustor. <br />(iv) Should Trustee elect to sell the Property which is real property or <br />which it has elected to treat as real property, upon such election, Trustee shall <br />give such Notice of Default and election to sell as may then be required by law. <br />Thereafter, upon the expiration of such time and the giving of such Notice of Sale <br />as may then be required by law, Trustee, at the time and place specified by the <br />Notice of Sale, shall sell such Property, or any portion thereof specified by <br />Trustee, at public auction to the highest bidder for cash in lawful money of the <br />United States. Trustee may, and upon request of Beneficiary shall, from time to <br />time, postpone the sale by public announcement thereof at the time and place <br />noticed therefor. If the Property consists of several lots or parcels, Trustee may <br />designate the order in which such lots or parcels shall be offered for sale or sold. <br />Any person, including Trustor, Trustee, or Beneficiary may purchase at the sale. <br />Upon any sale, Trustee shall execute and deliver to the purchaser or purchasers, a <br />deed or deeds conveying the property so sold, but without anycovenant or <br />Y g P p Y <br />warranty whatsoever, express or implied, whereupon such purchaser or <br />purchasers shall be led into immediate possession. <br />(v) This instrument shall be effective as a mortgage as well as a deed <br />of trust and upon the occurrence of an Event of Default may be foreclosed as to <br />any of the Property in any manner permitted by the laws of the State of Nebraska <br />or of any other state in which any part of the Property is situated, and any <br />foreclosure suit may be brought by the Trustee or by the Beneficiary. In the event <br />a foreclosure hereunder shall be commenced by the Trustee, or its substitute or <br />successor, the Beneficiary may at any time before the sale of the Property direct <br />the said Trustee to abandon the sale, and may then institute suit for the collection <br />of the Notes and the other Obligations, and for the foreclosure of this Deed of <br />Trust. It is agreed that if the Beneficiary should institute a suit for the collection of <br />the Notes or any other Obligations and for the foreclosure of this Deed of Trust <br />the Beneficiary may at any time before the entry of a final judgment in said suit <br />dismiss the same, and require the Trustee or his substitute or successor to sell the <br />Property in accordance with the provisions of this Deed of Trust. <br />(vi) In the event of a sale or other disposition of any such property, or <br />any part thereof, and the execution of a deed or other conveyance pursuant <br />thereto, the recitals therein of facts, such as default, the giving of Notice of <br />Default, and Notice of Sale, terms of sale, purchaser, payment of purchase money, <br />and any other fact affecting the regularity or validity of such sale or disposition, <br />shall be conclusive proof of the truth of such facts; and any such deed or <br />conveyance shall be conclusive proof against all persons as to such facts recited <br />herein. <br />
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