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<br />102315 <br /> <br />(d) Beneficiary may elect to cause the Trust prJUt,""Or'any part thereof to be sold under the power 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 safe 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 appfy the <br />proceeds in tha 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, (ii) to <br />the Indebtedness, and (iil) the excess, if any, to the person or persons legally entitled thereto. <br />Afl 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 ba 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 sPl 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 e"',.. fi/nns. or otherwise incur any financial obligation in <br />the performance of any of its duties hereunder, or in the exercise of any of its r'!J"ts or powers. <br />(c) Trustee may consult with counsel of its own choosing and the advise of such counsel shall be full and complele 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 a'uthOOzed 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 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 tndebtedness secured by this Deed of Trust, not including sums advanced to protect <br />the security, exceed the total sum of $ 125.000.00 . 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 />31. Substitute Trustee. Beneficiary, at ils 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 recordad. Wtthout conveyance 0# 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 to <br />after 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 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 defaun 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 has been duly exec e he day anrr fi above written. <br /> <br /> <br />rtne <br /> <br /> <br />STATE OF NEBRASKA <br />COUNTY OF <br /> <br />) <br />)ss. <br />) <br /> <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 idilfltical 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 />(SEAL) <br /> <br />NotIt'(Pubt<<: <br /> <br />My comtnI.sUln .q>iru <br /> <br />STATE OF NEBRASKA <br />COUNTY OF ADAMS <br /> <br />) <br />)ss, <br />) <br /> <br />On th/s..21b day of Mav ,19 --.!!~before me, a notary publiC In and for said county, personally came Elmer F, Gartn~r <br />and Lola M. Gartner. huaband and wife . known to me to be the identical persons who <br />signed ,he foregoing Deed of Trust and acknowledged the execution thereof to be their voluntary act and deed. <br />WITNESS my hand and notarial seal.Jtl this the day and year last above written. <br /> <br />(SEAL) <br /> <br /> <br />~fJ~ <br /> <br />ti <br /> <br />f~ <br /> <br />M)'comtfllu.'OI'l..plres <br /> <br />v,1-&) <br /> <br />I "--I (~99 <br />