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<br />I <br /> <br />I <br />87- 10729::1 <br /> <br />(d) Beneficiary may elect to cause the Trust Property or any part thereof to be sold under the power of sale, and in such event, <br />Beneficiary or Trustge shall give such notice of default and notice of sale as may be then required by law, Therealter, upon the <br />expiration of such time and the giving of such notice of sale as may then be required by law, Trustee, at the time and place specified <br />by the notice of sale, shall sell such Trust Property, or any part thereof specified by Beneficiary, at public auction to the highest <br />bidder for cash in lawful money of the United States of America, Upon receipt of payment of the price bid, Trustee shall apply the <br />proceeds in the following order: (i) to the cost anl.! expenses of exercising the power of sale and of the sale, including but not limited <br />to, trustee's fees or not more than $500,00 plus one-half of one percent of the gross sale price. and reasonable attorney fees, (ii) to <br />the Indebtedness. and (iii) the excess, if any, to the person or persons legally entitled thereto, <br />All costs and expenses incurred by Beneficiary in enforcing any right under this Deed of Trust, including without limitation, abstract or title <br />fees. appraisal fees. premiums for title insurance. attorney fees and court costs, shall be and constitute Indebtedness secured hereby. <br />27, Duties of Trustee, Trustor agees that: <br />(a) Duties and obligations of Trustee shall be determined solely by the express provisions of this Deed of Trust and Trustee shall not be <br />liable except for the performance of such duties and obligations as are specifically set forth herein, and no implied covenants or <br />obligations shall be imposed upon Trustee, <br />(b) No provision of this Deed of Trust shall require Trustee to expend or risk its oIVn funds, or otherwise incur any financial obligation in <br />the performance of any of its duties hereunder. or in the exercise of any of its rights or powers, <br />(c) Trustee may consult with counsel of its own choosing and the advise of such counset shall be full and complete authorization and <br />protection in the respect of any action taken or suffered by it hereunder in good faith and reliance thereon. and <br />(d) Trustee shall not be liable for any action taken by it in good faith and reasonably believed by it to be authorized or within its <br />discretion or rights or powers conferred upon it by this Deed of Trust. <br />28, Security Agreement and Fixture Filing, This Deed of Trust shall constitute a security agreement and fixture filmg under the provisions of <br />the Nebraska Uniform Commercial Code with respect to those fixtures described in the preambles hereof as constituting a part of the <br />Trust Property, together with all other property of Trustor, either similar or dissimilar to the same, now or hereafter located at or on the <br />Trust Property, <br />29, Future Advances, Upon request of Trustor, Beneficiary, at Beneficiary's option, prior to full reconveyance of the Trust Property by <br />Trustee to Trustor, may make future advances to Trustor, Such future advances, with interest thereon, shall be secured by this Deed of <br />Trust. At no time shall the principal amount of the Indebtedness secured by this Deed of Trust, not including sums advanced to protect <br />the security, exceed the total sum of S ' Advances of disbursements made by Beneficiary to protect the security, <br />under the terms hereof. while discretionary, shall not be deemed to be optional advances, <br />30, Reconveyance. Upon payment of all Indebtedness secured by this Deed of Trust. Beneficiary shall request Trustee to reconvey the <br />Trust Property and shall surrender thiS Deed of Trust and all notes ev,dencing Indebtedness secured by this Deed of Trust to Trustee, <br />Trustee shall reconvey the Trust Property IWtllOUt warranty and w,thout charge to the person or persons legally entitled thereto, Such <br />person or persons shall pay all costs of recordatIOn, " any, <br /> <br />31, Substitute Trustee, Beneficiary, at ,ts option, may fronl time to time remove Trustee and appoint a Successor Trustee to any Trustee <br />appointed hereunder by an mstrument recorded m the county m which this Deed of Trust is recorded. Without conveyance of the Trust <br />Property, the Successor Trustee shall succeed to all title, power and duties conferred upon Trustee herein and by applicable law, <br />32, Miscellaneous Rights of BeneficlBf}' Bene!Jclary may at any time and from time to time, without notice, consent to the making of any <br />plat of the Trust Property or the creation at any easement thereon or any covenants restricting use or occupancy thereof or agree to <br />alter or amend the terms of thiS Deed of Trust. Any personal property remaining upon the Trust Property alter the Trust Property has <br />been possessed or occupIed by BenefiCiary, ItS agent or any purchaser following Trustee's sale. foreclosure, or under any deed in lieu <br />of Trustee's sale or foreclosure, shall be conclusively presumed to have been abandoned by Trustor. <br />33, Notice to Trustor. Trustor hereby requests that a copy of any notice of default and notice of sale made or executed by Trustee pursuant <br />to the provisions hereof be sent to Trustor at ItS mailing address set forth hereinabove. i <br />IN WITNESS WHEREOF, thiS Deed 01 Trust has been duty executed the ay and year first above Iwitte " <br />/ U- :1'.' <br /> <br />STATE OF NEBRASKA <br />COUNTY OF <br /> <br />) <br />)ss, <br />) <br /> <br /> <br />s <br /> <br /> <br />On this _ day of , 19 _ . before me. a notary pubiic m and for said county, personally came <br />, and <br />of ' known to me to be the identical persons wh~ <br />signed the foregoing Deed of Trust and acknowtedged the execution thereot to be their voluntary act and deed. and the voluntary act and <br />deed of said corporation, <br />WITNESS my hand and notarial seat on thiS the day and year last above wl/tten. <br /> <br />(SEAL) <br /> <br />No."a")' p....-b?c <br /> <br />M, CO-n-nISSon e'Pt'P5 <br /> <br />STATE OF NEBRASKA <br /> <br />COUNTY OF <br /> <br />HALL <br /> <br />) <br />)ss, <br />) <br /> <br />On this.1l- day of December , 19.J!Z, before me, a notary publiC m and for said county. personally came Xle,tc~er T. Shi~lds <br />and Sally A. Shields , known to me to be the Identical persons who <br />signed the foregoing Deed of Trust and acknowledged the execution thereof to be their voluntary act and deed <br />WITNESS my hand and notarial seal on this the day and year last above written, / <br />I J <br />(l I. <br />~ /~ ~.c ~"(.~~Li: _.___':__!~_ <br />M.'l:a-')-Pt;v...- <br /> <br />'-. "..1:1;i~~~;;~ ~-~;/. <br /> <br />(SEAL) <br /> <br /> <br />'f <br />"--~...... <br /> <br />-- <br /> <br />L <br /> <br />. ,_---1' <br /> <br />~ ',--=-' j.,. ~-- <br />':.'1_. , <br /> <br />C\I <br /> <br />~~ <br />/-~ <br /> <br />,.f- <br /> <br />,." <br /> <br />~ <br />