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<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 <br />