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<br />~. <br /> <br />\1\ <br /> <br />~r <br />r; <br />! <br /> <br />88-103773 <br /> <br />4. As additional security, Trustor hereby gives to Itnd confers upon Beneficiary the right. power and authority, during the continuance <br />of the!le Trusts to collect the rents, issues and prefits of said property, reserving unto Trustor the right, prior to any default by Trustor <br />in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues <br />and profitB a8 they become due and payable. Upon any 8uch 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 witt. out regai'd to the adequacy of any security for the indebtedness hereby secured, <br />enter upon and take posIle88ion of said preperty or any part thereof, in his own namo sue for or otherwise collect such rents, issues and <br />prefits, including th08e past due and unpaid, and apply the Slime upon any indebtedness secured hereby, and in such order 88 Beneficiary <br />may determine, The entering upon and taking po88ellSion of said property, the collection of 8uch rents. issues and prefits and the application <br />thereof as afore.l8id, shall not curl! or waive any default or notice of default hereunder or invalidate any nct done pursuant to such notice. <br /> <br />5, Upon default by 'I'rustur in the payment of any indebt.ednell8 secured hereby or in the performance of any agreement contained herein. <br />all 8ums lICCUred hereby shall immediately become due and payahle I1t the option of the Beneficiary, In such even~ and upon written request <br />of Beneficiary, Trustee shall sell the trust preperty, in IIccordance with the Nebraskn Trust Deeds Act, at public auction to the highest <br />bidder. Any pel"8On ell:cept Trustee may bid at Trustet>'s sale Trustee shall apply the proceeds of the sale as follows: (1) to the expeIUle <br />of the Ale. Including a reasonable Trustee's fee; 121 to the obli~l1tion secun..od by this Deed of Trust; (3) the surplus, jf any. shall be distributed <br />to the perlllms entitled thereto. <br /> <br />6. Trustee shall deliver to the purchll-ser at the 81110 its d,>ed, without warranty, which shall convey to the purchaser the illterllllt in <br />the property whkh Tl'UIltor had or had the power tCl convey at the time of his 'lxecution of this Deed of Trust, and such 88 he may have <br />acquired thereafter. Trustt>e's deed ~hall recite t.he fllcts showing that the sale was conducted in compliance with all the requirements <br />of law and of this Deed of Trust, which rt>Cl~11 !lhall bt. prima faCie evidence of sllch complisnce and conclusive evidence thereof in favor <br />of bona fade (Hlrchasen and encumbrancei'll for value. <br /> <br />7. The power of IIIlle confcl'Ted by this l)"ed of Trullt 'Ii not an ('XclUSIVl' rl'lT""od~': Beneficiary may cause this Deed of Trust to be foreclO8ed <br />all a mortgage. <br /> <br />8. In the event of the death. ,"capacity, dIHIII"llt:; or rt'f<l,~natlon of Tru6le,', Beneficiary may appoint III writing a SUCCllS80r trustee. <br />Bnd upon the recording of such lIppointment In t.h.. mort~[IKI' records 0' the county In which tll1s lked of TnIllt ill recorded, the succeuor <br />tnUltee shall be veJlted with all powel'll of the orllrllllll trullll'!.'. Th.. Irustl,'(' Iii not obliged to noUfy Bny party hereto of pending sale under <br />any othar Deed of Truat or of an)' action or 1Il"llC",'(hnll III whll'h Trustor. Trust...... or Benetic1l1ry shall be 11 party unless such action or <br />procf!ed.ing is brought by thl' l'ru8~ <br /> <br />9, ThIll Deed of Trust applies to, inures to Uw benefit of, and I!I blmhnll not only on the pnrtles herel<>, but on their heirs. deVisees. <br />legatees, admini.lt.rawrs, executOI"8, JU~C'!IlIOr!l and BSH1!lm 111l' term lIt>n(,licillry Hhall mean lh,. holder and owner of the note 8eCU1'ed <br />h"reby. wh.ther or not namt"'l IU FWneJif:lOry herem <br /> <br />]0. ReqUl!llt for NOlice of 1J.,faull or Notice of 8NI.. It I. re<IU('HII!d thot 11 COI'" of any Notice of Default or Notice of Sale be mailed to <br />each pe~n who is IUImed m UHll TnJ!ll ))(...0 Ilt tl\l' malhnll addrl'1lll of lIuch Iwr80n 118 Retnut abovE' <br /> <br />NOTICE TO CONSUMER~ I. Do not 8ign this paper berore you read it. 2. You are entitled to a copy <br />of thi. paper. 3. You may prepay the unpaid balance at any time without penalty and may be entitled <br />to receive a refund or unearned charles in accordance with law. <br /> <br />Signed thill___l2.____ day of Ju.LY . ^ D l!l aa_ <br /> <br />STATE OF NEBRASKA <br />-- -- -- --___lidlJ______ COUNTY <br /> <br />1M <br />I <br /> <br />>: 4,-:,,- -- e.,f~~~~------- <br />~ ~A// <br />Xc. a-:e~..,...~ u '._ ...~~_____ <br /> <br />On thiS <br />oommi8llioned Ilnd <br />husband and wife <br /> <br />day of Ju 1y . An. !!lOa ,bt.fol"t. nw, the undenlllOled. a Notary Public. duly <br />qualified for and reSiding In l'llud count~', polr'HOnally Cllmtl -,6~n-~--Wi1s.on_a.lliLELli.n.e.J<. <br />w me known to ~, ttw Identical pCl'3On ._.s. whOKt! nnme S affi:red t() the foregoing <br />instrument as Trustor ..---._~---.__._-__. . and ticknowlt.QJ:l'd th.. !<UIlW III hf'.. tb-e.i.r. mI. <br />untary net lind d",t.'<i <br />Witne8l!l my hand nod Notunul Seal ttll' duy Ilnd YNlr Ieil'! <br />My COmml8HIOn ~xplrell Ihe e du)' <br />of ~l?Jlr~~r.Y . 19 91 <br /> <br />12 <br /> <br />Wilson. <br /> <br /> <br />it -7 <br />-L~--r/~ f_,,'..~_. <br />~c ' <br /> <br />STATE OF <br /> <br />I tiS <br /> <br />Enwnod <br />day of <br />rnlnUU>lf <br />Mortg...;~" <br /> <br />Counly <br />In Nunll'rtrul Indt.x !lnd filed for fl'l'urd III ttlt' lImCt, of the Rl!l{lsh'r of Dt'cdB uf BUld county. thl' <br />, 1!J. . . III o'clock lInd <br />:'wi . and duly rt'cordl!d III Book <br /> <br />of <br /> <br />pagl' <br /> <br />c <br />j <br /> <br />Ht'/olll1tN Ilf n.,..ds <br /> <br /><:flfl "'JI~ ,~~:. <br /> <br />I l,.pu r \ <br />