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<br />87-, 107114
<br />to the p~rc\\as.er\.,~ith?..ut right of redemplion, the Trustee's litle and all right, litle, inlerest and claim of Ihe Truslor and his successors
<br />in inlerest and .of all_persons claiming by or Ihrough or under them. in and 10 Ihe property sold, including al1 such righI, title, interest
<br />and claim in and 10 such property acquired by Ihe Truslor or his successors in inleresl subsequent 10 the execution of the Trustee. The
<br />Trustee shal1 apply the proceeds of Ihe Trustee's sal'.l, firsl, 10 Ihe cosl and expenses of exercising the power of sale, and of the sale,
<br />including Ihe payment of the Trustee's fees actually incurred not 10 exceed Ihe amount which may be provided for in the trust deed,
<br />....... second, 10 payment of, the obligations secured by the trusl deed, and the balance, if any, 10 the person or persons legally entitled thereto.
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<br />And the Trustee covenants faithfully to perform Ihe trust herein created,
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<br />BENEFICIARY may from time to time substitule a successor or successors to any Trustee named herein or acting hereunder to
<br />execute this Trust Deed. Upon such appointment and without conveyance to the successor Trustee, the latter shall be vested with all
<br />title, powers, and duties conferred upon any Truslee herein named or acting he,reunder. Each such appointment and substitution shall
<br />be made by written instrument and executed by Beneficiary, conlaining reference to this Trust Deed and its place of record, which,when
<br />recorded in the office of the Register of Deeds of the county or counties in which said property is situated, shall be conclusive proof
<br />of proper appointment of the successor Truslee, The foregoing power of substitution and the procedure therefore shall not be exclusive
<br />of the power and procedure provided for by law for the substilulion of a Truslee or Trustees in the place of the Trustee or Trustees
<br />named herein.
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<br />Should the Trustor or its successor in interest without the consent in writing of the Beneficiary sell, transfer, or convey, or permit
<br />to be sold, transferred or conveyed, by agreement for sale or in any manner, its interesl in the above described real estate (or any part
<br />thereof), then Beneficiary may declare all sums secured hereby immediately due and payable, subject to applicable law.
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<br />The waiver by Truslee or Beneficiary of any default of Trustor under Ihis Trust Deed shall not be or be deemed to be a waiver
<br />of any other or similar defaults SUbsequently occurring.
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<br />This Trust Deed shall inure to and bind Ihe heirs, legatees. devisees, administrators, executors, successors and assigns of Ihe parties
<br />hereto.
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<br />The Trust Deed shall be construed according to the laws of the Slale of Nebraska.
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<br />The Trustor requesls Ihat a copy of any notice of defaull and of any notice of sale hereunder be mailed 10 him by certified mail
<br />at the address hereinbefore set forth and evidence of such mailing shall constilule evidence of receipt of such notice.
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<br />Trustor represents and warrants thaI Ihe above described real eslate is nol used for an agricultural aClivilY.
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<br />Wherever Ihe context so requires, singular words shall be construed in Ihe plural and vice versa, and the masculine gender shall
<br />be construed to include the feminine and vice versa.
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<br />IN WITNESS WHEREOF, the Truslor has hereunlo sel his hand Ihe day and year firsl above written.
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<br />STATE OF
<br />COUNTY OF
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<br />Nebraksa
<br />Hall
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<br />TRUSTOR
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<br />}SS.
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<br />Before me, a Notary Public, qualified by said counly. personally came Gene R. Con1ev
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<br />Marla J. Conley known 10 me 10 be llle idenlical person(s) who signed llle foregoing
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<br />instrument and jJcknowledged the execution Ihereof 10 be Ius, her or Iheir \'olunlary act and deed. Witness m\' hand and NOlarial Seal
<br />on 12/11/87 19 -
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<br />My commission expires: ~ .1<<~ 17't'<1/V1..../
<br />NOTARY UBLlC /~
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<br />J: ..II....
<br />ICOTT I. HODGEN
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