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10 the purchaser. wil/1Oul riBht of rcdcmptlon, Ihe Truslee'~~~d ~ Qg4~~, ~tcrest and claim of the Trustor nnd his succcssors in interesl and.of all pci&o~ claiming by or lhrough or under Ihem, in and 10 Ihe property sold, ineludlng all such rl8h~ tllle. interest and claim in and to such property acquired by the Truslor or his successom in interest subsequent to thc execution of the Trustee. 'Fhe Truste. shall apply Ihe proceeds of thc Trustee's sale. filli~ to the cnsl and expenses of exercising the power of sulc, and of Ihe sal., including the payment of thc Trustee's fees actually Incurred not to exceed the amount which may be provided for in the lrust deed. second, lopaymenl of the obligations secured by the \rUSt deed. and the bulance, if any, 10 the pcrson or persons legally entilled Ihereto. And the Truslee covenants fallhfully to perform Ihe trust herein created BENEFICIARY may from time 10 time substitute a successor or successors to any Trustee named hcrein or acting hereunder to execute this Trust Deed. Upon such appointmenl and without conveyance 10 the successor Trustee, the lalter shall be vesled with all tille, powers. and duties confe""d upon any Trustee herein named or acting hereunder. Each such appointment and subslitution shall be made by written instrument and exccuted by Beneficiary, containing reference to this Trust Decd and its place of record,'which, when recotded in the office of the Register of Deeds of the county or counties in which said property is situated. shall be conclusive proof of proper appointment of the successor Trustee. The foregoing power of substitution and Ihe procedure.therefore shall not be exclusive of thc power and procedure provided for by law for the substitution of a Trustee or Trustees in the place of the Trustee or 1i'ustees na..ned herein. Should the Trustor or its successor in interest without the consent in writing of the Beneficiary sell, transfer. or convey, or permit to be sold, tmnsferred or conveyed, by agreement for sule or in any manner. its intcrest in the above described real estate (or any pari thereof), then Beneliciary may declare all sums secured hereby immediately due and payable. subjecllO applicable law. The waiver by Trustee or Beneficiary of any default of Trustor under this Trust Deed shall not be or be deemed to be a waiver of any olhcr or similar dcfaults subsequently occurring. This Trust Deed shall inure to and bind the heirs. legatees. devisees. administrators. executors. successors and assigns of the parties herelO. The Trusl Deed shall be construed according lo the Inws of the Stute of Nebraska. The Trustor requcsts that a copy of any notice of default and of any notice of sale hereunder be mailed to him by certified mail at the address hereinbcfore sel forth and cvidence of such mailing shall constitute evidence of receipt of such notice. Trustor n::presenlS and warrants that the above described real estate is not used for an agricultural activity. Wherever the context so requires. singular words shall be construed in lhe pluml and vice versa, and the masculine gender shall be construed 10 includc the remininc and vicc Vr.rsn. IN WITNESS WHEREOF. the Trustor has hereunlo set his hand the day and year Iirst above wrillcn. STATE OF COUNTY OF NEBRASKA HALL }ss. TO":i:J.:!~ 1?L $Z.w (]flL/)t 0 ~ ;/ (?bt-l~ TR STOR ROXANNE L LATBEN Before me, a Notary Public, qualilied by said county. pcllionally came Robert L. Lathan und Roxanne L. Lathen known to me 10 be the identical person(s) who signed the foregoing instrument Hd iICknowledaed the execution thereof 10 be his, her or their volunlllry act and deed. Witness my hand and Notarial Seal on t:tJ/1!.u.rr ~ . 19&E:...... () ._ My commission ..pi,.... MIf-/ I~ Iff&' . ' )~J/,./~ NOTARY ru~97= J;-IlLIIY-..... (seal) 'COTT It IfODOfN 1IyQw,,, El,,.,.,,, '''''