<br />I
<br />
<br />88-
<br />
<br />100763
<br />
<br />I
<br />
<br />(d) Beneficiary may elect to cause the Trust Property or any part thereof to be sotd under the powe, of sale, and in such event,
<br />Beneficiary or Trustee shall give such notice of default and notice of sale as may be then required by law, Thereafter, 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 Tlust 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 and 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, (i() to
<br />the Indebtedness, and (ili) 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 />
<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 own 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 counsel 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 filing 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 Properf"/.
<br />29. Future Advances. Upon request of Trustor. Beneficiary, at Beneficiary's option. prior to full r.;1conveyance 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 $ RO I 000 00 , 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 evidencing Indebtedness secured by this Deed of Trust to Trustee.
<br />Trustee shall reconvey the Trust Property without warranty and without charge to the person or persons legally entitled thereto. Such
<br />person or persons shall pay all costs of recordation, if any.
<br />
<br />31. Substitute Trustee. Beneficiary, at its option. may from time to time remove Trustee and appoint a Successor Trustee to any Trustee
<br />appointed hereunder by an instrument recorded in the county in 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 Beneficiary. Beneficiary 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 of any easement thereon or any covenants restricting use or occupancy thereof or agree 10
<br />alter or amend the terms of this Deed of Trust. Any personal property remaining upon the Trust Property after the Trust Property has
<br />been possessed or occupied by Beneficiarv, its agent or any purcr.aser 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.
<br />IN WITNESS WHEREOF. this Deed of Trust lIas been duly executed the day and year f"st ~bOV~ _ 0 ~r
<br />
<br />
<br />~~:~#'~
<br />
<br />STATE OF NEBRASKA ) oret ta. y
<br />)ss.
<br />COUNTY OF )
<br />
<br />On this _ day of , 19 _. before me. a notary public in and for said county. personally came
<br />, and
<br />of , 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, and the voluntary act and
<br />deed of said corporation.
<br />WITNESS my hand and notarial seal on this the day and year last above written.
<br />
<br />
<br />(SEAL)
<br />
<br />Notary PubfIC
<br />
<br />My ComlntSS/OO expires
<br />
<br />STATE OF NEBRASKA
<br />90UNTY OF --Ha 1 1
<br />
<br />)
<br />)ss,
<br />)
<br />
<br />( . On this -1.1.t:&y of F~ hrll" ry ,19 .JUL. before me. a notary publiC In and for said county. personally came ~s t Ii:. Purdy
<br />8Jld Fl nn.t t.a...M. Purely) Hlliband and Wife . known to me to be the Identical persons who
<br />signed the foregoll1g 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 />
<br />r--~
<br />
<br />L
<br />
<br />!IIIIIM. 1MAIY.stIII of IIInU
<br />, CHARLU R. OLlON
<br />., r-. bp. 1I:lY. 13. 1m
<br />
<br />~
<br />
<br />Notary Public - Cha r le s
<br />
<br />w.~
<br />
<br />R. Olson
<br />
<br />l;r
<br />.,)
<br />
<br />
<br />
<br />...
<br />
<br />(SEAL)
<br />
<br />November 13. ~_m___~_
<br />MI' (,fYtlnllSSJon elptres
<br />
<br />--1
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