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<br />.\, As additional security, 'fruslor hereby gives to and confers upon Ileneliciary the right, power and authurity, durin/( the continuance
<br />of thesc 'frusts to collect IIw rents, issues and profil8 of said Jlroperty, reservinll unto 'frustor the right, prior to any default by 'frustor
<br />in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain ~uch rents, issues
<br />and profits os they b~orne due and po.yable. Upon an)' such default, Beneficiary mllY at any time without notice, either in person, by
<br />agent, or by 0 receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured,
<br />enter upon and take possession of said property or any part thereof, in his own name slle for or otherwise coiled such rents, issues and
<br />profits, including those past due and unpaid, and apply the some upon any indebtedness secured hereby, and in such order os Beneficiary
<br />may determine. 'fhe enlering upon and taking possession of said property, t he collection of such rents, Issues and profits and tbe opplicalion
<br />thereof as aforesaid, shall not cure or woive any default or notice of defoull hereunder or invalidate ony act done pursuanl to such notice.
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<br />5. Upon defoult by 'frustor in the paymenl of ony indebtedness secured hereby or in the performance of ony agreement contained herein,
<br />all sumB secured hereby shall immediately become due and payable at tIll' option of the Beneficiary. In sllch event and upon written request
<br />of Beneficiary, Trustee sholl sell the trust property. in occordanc", with the Nebrnsko 'frust Deeds Act, at public auction to the highest
<br />bidder, Any person except Trustee may bid Ilt 'frllstee's sole. Trnstee shall "pply the proceeds of the sole as follows: (1) to the expense
<br />of the sale, including a reasonable Trustee's fee; (2) to the oblil(ation secufed by this Decd of'frust; 131 the surplus, irany, shall be distributed
<br />to the persons entitled Ihereto.
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<br />6, Trt18tee shall deliver to the purchaser ot the sule its deed, .....ithout w!1rron!)', which shall convey to the purchaser the interest in
<br />the property which Trustor had or had the power to convey at the time of his execution of this Deed of 'frust, and such as he may have
<br />acquired thereafter. Trustee'a deed shall recite the facts showin!: thot till' sale was conducted in compliance with all the requirements
<br />of law and of this Deed of 1'rust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor
<br />of bono /ide purchasers and encumbrancers for value.
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<br />7, The power of sole conferred by this Deed of Trust is not an exclusive remedy; Beneficiory moy cause this Deed of Trust to be foreclosed
<br />08 a mortgage.
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<br />8. In the event of the death, incapacity, disability or resignation of 'frustee. Beneficia..y may appoint in writing a successor trustee,
<br />and upon the recording of such appointment in the mortgoge records of the county in which this Deed of 'frust is recorded, the successor
<br />trustee shall be vesled with all powers of the original trustee, 'fhe trustee is not obliged to notify any party hereto of pending sale under
<br />any other Deed of Trust or of any action or proceeding in which 'frustor, Trustee or Beneficiary shall be 0 party uoless such aclion or
<br />proceeding is brought by the 'frustee,
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<br />9. This Deed of 'frust applies to, inures to the benefit of, and is binding not onl)' on the parties hereto, but on their heirs. devisees,
<br />legatees, administrators, executols, successors and assigns. 'fhe term Beneliciary shall mean the holder and owner of the nole secured
<br />hereby, whether or nol named as Beneficiar)' herein.
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<br />10. Request for Notice of Default ilr Notice of Sale. It is requested that a cop~' of any Notice of Default or Notice of Sale he mailed to
<br />each person who is named in this 'frust Deed at Ihe moiling address of such person ns set oul ohov('.
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<br />101607
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<br />NOTICE TO CONSUMER: 1. Do not sign this paper before you read it. 2. You IIrc cntitled to a copy
<br />of thi9 paper. 3, You may prepay the unpaid balance at any time without pennlty and may he ~ntit1ed
<br />to receive a refund of unearned charges in accordance with law.
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<br />Signed this
<br />
<br />30
<br />
<br />day of
<br />
<br />March
<br />
<br />,A.D, 19~,
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<br />~/idc~-iiIi~)
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<br />STATE OF NEBRASKA
<br />Ha 11 COUNTY
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<br />) 85.
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<br />On this 30 day of March , A.D., 19~. before me, the I}ndersigned, a Notary Public, duly
<br />commissioned and qUlIlifi,ed for lInd residing in said count.y, personally came Ml ch ae 1 R. Thomas._amL pame 1 as.
<br />Thoma s, hu sband._~__ WI f etu me known to be the identical person ~_ whose name -2. affixed to Ihe foregoing
<br />instrument as Trustor Ji~ _.. _ . _______..._~ and acknowledged the same to be the i r vol-
<br />untary act and deed,
<br />Witness my hand And :-.Iotllrial Seal the day and year ' . len,
<br />My Commission expires the ~ 8 d ~. S8EML ImAIIV-Sta1t allllbrasb . /' "...,--7
<br />of February, 19 91 , /:.,.. /~/ / ,...7h,'
<br />Ir t.a bJ. F*. a 19!1No aJly Public ' .
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<br />STATE OF I
<br />1 ss.
<br />County I
<br />Entered in Numcricallndex and filed for record in the office of the Register of Deeds of said county, the
<br />day of ' 19_, at o'clock and
<br />minutes M., and duly recorded in Book of
<br />Mortgages page
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<br />I::
<br />0:1
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<br />Register of Deeds
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<br />Deputy
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<br />991 E82 INRI
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