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200306815 <br />4. As additional security, Trstor hereby gives to sad confers upon Beneficiary the right, power and authority, during the cWthi a rre of <br />these Trusts to collect the rocks issues and profits of mid property, reserving unto Truster the right, prior to any default by Trustor in payment <br />of any indebtedness secured hereby or in performance of any ague meath�mmrder, to collect and retain such rent, issues and profits as they <br />become due and payable. Upon any such default, Beneficiary may at any mane without notice, either in person, by agent, or by a receiver to be <br />appointed by a court, and without regard to the adequacy of any security for the indcbwdecss hereby secured, enter upon and take possession <br />of said property or any part thereof, in his own time sue for or otherwise collect such rents, issues and profits, including Nose past due and <br />unpaid, and apply the same upon any indebtedness secured hereby, and ht such order as Beneficiary may determine. The entering upon and <br />taking possession of said property, the collection of such rents, issues and profits and the applsortom thereof as aforesaid, shall not cure or <br />waive any default or notice of default hereunder or invalidate any act done pursuantm such notice, <br />5. Upon default by Truster in the payment of any indebtedness secured hereby or in the performance of any agreement contained herein, <br />all sums secured hereby shall immediately become due and payable A the option of the Beneficiary. In such event and upon written request of <br />Beneficiary, Trustee shall sell the trust property, in accordance with the Nebraska Trust Deeds Act, at public auction to the highest bidder. <br />Any person except Trustee may hid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: (1) m the expense of the sale, <br />including a reasonable Trustee's fee; (2) no the ohimation secured by this Deed of Trust; (3) the surplus, it any, shall be distributed to the <br />persons entitled thereto. <br />6. Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall convey to the purchaser the interest in the <br />property which Truster had or had the power to convey at Ne time of his exception of this Deed of Trust, and such as he may have acquired <br />thereafter. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the, requirements of law and of this <br />Deed of Trust, which recital shall he prima facie evidence of such compliance and conclusive, evidence thereof in favor of bona fide <br />purchasers and enenmbmnces for value. <br />7. The power of sale cenferred by this Deed of Trust is not an exclusive remedy; Beneficiary may cause this Deed of Trust to be <br />foreclosed us a mortgage <br />& In the event of the death, incapacity, disability or resignation nt Tmstee, Beneficiary may appoint in writing a successor trustee, rind <br />upon the recording of such appoirda ent or the mortgage records of the county in which this Deed of Trust is recorded, the successor trustee <br />shall he vested with all powers of the original trustee. The trustee is not obliged to notify any party hereto of pending sale under my other <br />Deed of Trust or of any action or proceeding in which Truster, Trustee or Beneficiary shall be a party unless such action or proceeding is <br />brought by the Trustee, <br />9. This Deed of Trust apples m, mums to the benefit of, and is binding not only on the parties hereto, but on their heirs, devisees, <br />legatees, administrators, executers, suexssurs and assigns. The arm Beneficiary shall mean the holder and owner of the note secured herchy, <br />whether or not named as Beneficiary hereto. <br />10. Request for Notice of Default ce Notice of Sale. It is requested that n copy of any Notice of Default or Notice of Sale be mailed to <br />each person who is named in this Trust Deed at the mailing address of such person as act out above, <br />NOTICE TO CONSUMER. 1. Do not sign this paper before you read it. 2. You are entitled to a <br />copy of this paper. 3. You may prepay the unpaid balance at any time without penalty and may be <br />entitled to receive a refund of unearned charges in accordance with law. <br />Signed this 19 day of MAY ,A.D2003 <br />STATE OF NEBRASKA <br />)ss. ALMA M ABBOTT <br />HAIL _.. COUNTY) <br />On this 19 day of MAY , A.D. 2,003 , before me, the undersigned, a Notary Public, duly <br />commissioued and qualified for and residing In said county, personally mine, ALMA M ABBOTT A SINGLE PERSON _ <br />N me knownto be the identical person whoscname atfisedm Neforegninginecoment <br />as Truster and acknowledged the same to be HER <br />volurtary, act and deed_ <br />Wimess my hand and Notarial Scat the day and year lost above wither. <br />tau 5TH <br />My U���t��exP'nesNc .1%6 <br />of <br />Notary Par KXf 5T'ATE OF NEBRASKA ) 0 Oct 42M <br />ss. <br />HALL COUNTY) <br />Entered in Numerical Index and filed for record in the office of the Retarder of Deeds of said county, the <br />day of _ I -- —1 at o'clock and mirrutes M., <br />and duly recorded in Book of Mortgeges page <br />Register of Deeds <br />NE99117. <br />