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<br />1,' .
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<br />It
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<br />88- 102422
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<br />4. As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuanc2
<br />of these Trusts to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor
<br />in payme,t of any indebtedness secured hereby or in performance of any agreement hereunder. to collect and retain such .rents, issues
<br />and profits as they become due and payable. Upon any such default, Beneficiary may at any time without notice, either in person, by
<br />agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured,
<br />entel' upon and take possession of said property or any part thereof, in his own name sue for or otherwise collect such rents, i88UeS m.d
<br />profits. including those past due and unpaid, and apply the same upon any indebtedness secured hereby. and in such order as Tk ,,;;, ;;"ry
<br />may detennine. The entering upon and taking possession of said property, tJle collection of such rents, issues and profits and the ",:,j':, "II';!
<br />thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidat.e any act done pursuant to such no~~,
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<br />5, Upon default by Trustor in the payment of any indebtedness secured hereby or in the perfonnance of any agreement ccntatned herein.
<br />all sums secured hereby shall immediately become due and payable at the option of the Beneficiary, In sach event and upon written request
<br />of Beneficiary, Trustee shall sell the trust property, in accordance with the Nebraska Trust Deeds Act, at public auction to the highest
<br />bidder, Any person except. Trustee may bid at Trustee's sale, Trustee shall apply the proceeds of the sale as follows: (1) to the expense
<br />of the sale, including a reasonable Trustee's fee; 12) to the obligation secured by this Deed of Trust; (3J the surplus, if any. shall be distributed
<br />to the persons entitled thereto.
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<br />6. Trustee shall deliver to the purchaser at the sale its deed. without warranty, 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 Trust, and such as he may have
<br />acquired thereafter. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the requirements
<br />of law and of this Deed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor
<br />of bona fide purchasers and encumbrancers for value.
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<br />7. The power of sale conferred by this Deed of Trust IS not an exclusive remedy; Beneficial')' may cause this Deed of Trust to be foreclosed
<br />as a mortgage,
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<br />8, In the event of the death, incapacity, disability or resignation of Trustee, Beneliciar)' may appoint in writing a successor tru..c:tee,
<br />and upon the recording of snch appointment in the mortgage records of the county In which this Deed of Trust is recorded, the successor
<br />trustee shall be vested with all powers of the onginal trustee, The trustee IS not obliged to notif}' any party hereto of pending sale UIllie!"
<br />any other Deed of Trust or of any action or proceeding in which Trustor, Trustee or Beneficiary shall be a part). unless such action or
<br />proceeding is brought by the Trustee,
<br />
<br />9, This Deed of Trust applies to, inures to the benefit of. and is binding nOI only on the parties hereto. but on their heirs, de~'isees.
<br />legatees, administrators. executors, succeS60rs and assigns, The tenn BeneficlaD' shall mean the holder and O\llmer of the nO"..e secured
<br />hereby, whether or not named as Beneficiary herein.
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<br />10, Request for Notice of Default or Notice of Sale, It is request-ed that a copy of any Notice of Default or Xotice of Sale be mailed Ul
<br />each p;>rson who is named in this Trust Deed at the mailing address of such person as set out above
<br />
<br />NOTICE TO CONSUMER: 1. Do not sign this paper before you read it. 2. You are entitled to a COP)"
<br />of this paper. 3. You may prepay the unpaid balance at any time witbout penalty and ma)" be entitled
<br />to receive a refund of unearned charges in accordance with law.
<br />
<br />Signed this
<br />
<br />12
<br />
<br />day of
<br />
<br />May
<br />
<br />, A,D. 19-88-'(2 ~
<br />I ~~-:-l r'\
<br />L-C- J ~ --,z '- -'--- ';'I...1:.--r..:r-
<br />OM/JJ.Yc'1a~d=-
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<br />On this 12 day of May___'___. AD,. 19---.aa. before me. the underslJmM. a ~otar:y Public. dul~'
<br />commissioned and qualified for and residing in said county, personally came -Ricky L. Or.ent and Vic.k..iJLJ.
<br />Orent. husband & wi fe to me known to be the identical person S_ whose name S__ affixed to the foregoing
<br />instrument as Trustor ~____ and acknowledged the same to be --____-1.heir_______ \'01-
<br />untary act and deed,
<br />Witness my hand and Notarial Seal t.he day llnd Yl'ar last above written,
<br />
<br />:'Y Com..;,,'o" ox.;"," F~bmrY 8 . 19 9t'1.J:=~=1d.' ___~=_
<br />
<br />STATE OF NEBRASKA
<br />Hall
<br />
<br />COUNTY
<br />
<br />)
<br />) 55,
<br />)
<br />
<br />STATE OF
<br />
<br />I
<br />I ss,
<br />I
<br />
<br />-____ County
<br />Entered in NumerIcal Index and fild for rt'cordUday of _____,_______0__,___
<br />minut.es _____
<br />Mortgages page
<br />
<br />In the office of thl' Reglst<>r of Deeds of saId l'ount~'. the
<br />-- , 19.__ __, at ________ o'clock and _________
<br />1\1 , and duly recorded 111 Book of
<br />
<br />C
<br /><lI
<br />'<
<br />...
<br />
<br />Rt,.,Sll'r of ])l,\"is
<br />
<br />!/91 Eli2 'NE.
<br />
<br />Deputy
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