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200213983
<br />in the manner provided by law to, the foreclosure of mortgages on real prooerty. including the ep.ointment of a Receiver upon ex parts
<br />nnrica being hereby expressly waived without regard t. the value of the Property or the efficiently thereof to discharge the
<br />ured hereby or In tire loan ago a ramisl. Delay by Beneficary in exercising he rights upon tletauli will not be construed as a waiver
<br />zany 8C1 of Benehcrery waiving any spaClflad deta011 will net be construed a9 a waiver of any fuSllee tla Milt It the proceeds under such
<br />.loam '¢ a,a menth.ent to pay the total I pled ness secured hereby, Thailand do hereby agree to be personally bound to pay the unpaid
<br />d Beneficiary will be entitled to a defloien,,Lammant.
<br />Beneficiary elect to axarriva the Power of Sale grantetl herein, Beneficiary will notify Trustee who will record, publish, and deliver to
<br />'pith Nut ce of Default and Notice of Sale as then required by law and will re the manner provided by law, ell the property at the time
<br />f sale fixed In the Notice of Sale, either as a whole or in separate lots, parcels, or items and In such order as Trustee will deem expedient.
<br />may bed at the sale includ 1, 'mg Thorn Trustee, o Beneficiary.
<br />lsl hereby requests a copy of any Notice of Default or Notice of Sale hereunder to be mailed by certified mail to Tmstorlsl at the
<br />of the property or the a ufliciency them.} to discharge the indebtedness secured hereby. Is authorized and entitled to enter upon an. tax. possasmun
<br />of the pr%a in its own nil o in the name of the Trustee and do any acts or expend anyrsums it deems necessary or desirable to protect or
<br />Pro .r tit value of the legally or m interest therein, .P crease the income therefrom; d with or without taking possession of the property
<br />authorized So sue fur ur ofM1erwise collect he rents, issulen crops, profits, and Income thereof, including those post due and unpaid, and apply
<br />the same upon any indebtedness securetl hereby or re the loan agg eemeri s).
<br />No remedy herein conf.rred upon or reserved t. Trustee or Bad.ficiery is intended to be exclusive of any other hameady herein or by law provided
<br />ppermined but each will be cumulative. will ba m a dificn to every other remedy given hereunder or now or hereafter existing at law or in equity
<br />orby statute, and may be exercised concurrently, independently or successively. r
<br />e
<br />11. Trtotls) acknowledges that the duties' and obligations of Trustee will be determined solely by the express provisions of this t rust Deed o
<br />the Nebraska Trust Dears Act and Trustee will not be liable except for the performance of such duties and oti gations as are specifically set forth
<br />theme, nod no implied covenants or ubfg t will be imposed .... Trustee, Trustee will net be ble for any action by it in good fah and
<br />My believed by It I b thorb d thin the discretion lights of powers conf d up t by tits Trust Dead a state law.
<br />rails. ecured hereby, 12 The integrity and rasp. -bTly of T st 1 ) constitutes part f the taro, of ganef forth obligations y. Sao Id Tr . t s se
<br />_ ___ ... --- : _ -. -.- .. d. ,.,n .-.: ..,drrnn rnneanr nl Fnnef a arv. B.n¢i ddlV, at it, optlOn, may d¢cale he entire
<br />bonuses, and delay monaya or older) NCeeus mar eery uurr, a ..__. oVe'
<br />grave, rock, o .,her mineral lease 1 any kind Inc ludmg geothermal resources now exisung or that may hereafter come Into existence, r, ring
<br />She property or A" part thereof. All such sums so received by Beneficiary will be applied to the Indebtedness secured hereby; or Beneficiary, at
<br />Its upturn, may turn over and deliver to d wit enci Shah successors any of In Interest, any or all of such sums d This assignment ice to any be construed to
<br />be a to take and retain future sums, and of the pprejudice to any of Its other rights antler this Trust Deed. This assignment will be a Iran be the
<br />be a provision i p for the peaymefu or reduction of the tlabt reseyeted the Beneficiary's option o d, this asst a provided, become inoperative er the Ilan on the
<br />further Upon paym nt in full of the debt and the reconveyence ill this Trust Deed of record, this assignment will become inoperative and of no
<br />14.M1T es Tr and effect
<br />14. The Truer Deed constitutes a Security Agreement with respect to all the property event aria here m.
<br />15. The covenants contained in this T rust Deed hot be deemed to be sof the ref n the apart that any portion of this Trust Dood is determined to will
<br />be volJ or unenioraeable, that determination will nut affect the validity of the remaining portions of the Trust Dead.
<br />C)gC J LUCY i
<br />INDIVIDUAL BORROWER ACKNOWLEDGMENT
<br />STATE OF NEBB SKA —I as
<br />COUNTY OF RATT
<br />On this 13th day of December 2002 before rye, a Notary Public, personally appeared
<br />Larry C. Draper and Judy A. Draper, husband and wife
<br />to me known to be the preaches) namad in and who executed the foregoing instrument, and acknowledged that _ Gheyr_ executed the same as
<br />their voluntary act and deed.
<br />GENEMLNDTARY ALC of N ad"MM .
<br />(SEAL) ECNOALCORN Ygg6 echo Alcorn
<br />My Comm Em. March 711
<br />March 21, 2006 (True name ender siguamre)
<br />My commission expires Notary Public in and for said County and State
<br />Legal Doc. Date: Occemost 13, 2002
<br />Apt #: 00276057; Primary Customer ID #: 00076103; CIF #, 82161 Page 3
<br />FORM 5011, Trust Deed and Assignment of Rents
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