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t(1 ahe' pun:ha\Cr. ~'ilhout ristn of redemption. thl:' Trustcc's title nnd nil right title. inlC:rcst nnd churn or the Trustur IInd hili slIccessors in lOtCres.t dnd uf.na persons claiming bYllr through or under them. in and tn the property ~old. includil1p 1111 such right. lill&:. interest and clllim in nnd to such property acquired by the Trustor or his successors in interest subsequent In the cxecution of thc Trulitcc. The Trustee shall apply the proceeds of the Trustee's sale. first. to the cost and expenses of exercising the power of sllIe. and or the sale. inch,dillJl Ihe pnyment of the Tf',stee's rees aClually incurred nnt to exceed the amount which may he provided ror ill the trusl deed, second. to pnymenl or the obligations secured hy the trusl deed. and Ihe halance. if any. 10 the person or persons legally enlitled Ihereto. And the Trustee covenanlS failhrully to perform the lrust herein created. BENEFICIARY may from lime to time substitute a successor or successors to any Trustee aamed herein or acting hereunder to execute this Trust Deed Upon such appointment llnd without conveyance to the successor Trustee. the latter shall be vested with all title. poWt:fS. and duties conferred upon any Trustee herein named or acting hereunder. Each such appointment and substitution shall be made by written instrumenl and executed by Beneficiary. containing reference to this Trust Deed and its place of record. which. when recorded 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 the procedure therefore shall not be exclusive of the power and procedure provided for by law for the substitUlion or a Trustee or Trustees in the plnce of the Trustee or Trustees named herein. Should the Trustor or its successor in interest without the consent in writing of the Beneficiary sell. transfer. or convey. or pennit [0 be sold. transferred or conveyed. by agreement for sale or in any manner. its interest in the above described real estate (or any part thereof). then Beneficiary may declare all sums secured hereby immediately due and paYdble. subject to 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 other or similar defaults subsequently occurring. This Trust Deed shall inure to and bind the heirs. legatees. devisce~. administrators. executors. successors and assigns of the parties hereto. The Trust Deed shall be construed according to the Jaws of the Slate of Nebraska. The Trustor requests that a copy of any notice or default and of any notice or sale hereunder be mailed 10 him by certified mail at the address hereinbefore sel fonh and evidence of such mailing shall constitute evidence of receipt of such notice. Truslor represents and warmnts thut the above described real estute IS nut used for all agricultuml activity Wherever the contexl so requires. singular words shall be construed in the pluml Ilnd vice versa. and the masculine gender shall be construed to include the feminine and vice versu. IN WITNESS WHEREOF. the Truslor has hereuJ1Io s~t his hand th~ day and year fU'S1 above written. ~\\ () ".;J;l/Ywrhl."~ TRUSTOR Steven D. mmons STATE OF COUNTY OF PJ""h.............. I. I ss, ~.? I "... 4.1- ~ . / 'I' l(.tL- . TRUSTOR C"heryl K" , ,/~---- ~/) -J?-L,~>~~;r:..:J-'- Timmons U..11 Before me. a Notary Public. qualified by said county. personally Caml"l:"""u",," n tf'I4 mrnnnc and I"'lo._ry' 11" tf'I4 .........pur known ((J me 10 be the Identical personl s I who signed the foregoing instrumenl and acknowledged the eu:cution thereof 10 be his., her or their voluntur) w:l ami deed, Wilnc!ts my hand and Notarial Seal on A1JIJU.II~ 1'i .19--88-. g' My conuOIssion <xpiTC". fill'? "I If:; , /9'YO . cO: .. (jO i! J ~~ ~~ -<0 .. ." -":0: ",,,, ;:.'" . =- .,.. <!> "'" -~ .\' '{\ - '"oJ = -;; .. C'J <- (seaJ) ~ oJ, "" ~ .. c::s ~ ~.,..' ~FlBII. IlTAIY_ " ....... .., ICOTT.. HOOGEN '" ~ .. = " ..... IIr ~ !IJ'" lltlll "" -{ ;. ':> UJ . .t <:> ,)0 " ex: ~!:? ;'0: , f" 1 :r I" I...... , '0 i,i'r~ '~ 11l N o R c: 3 .. a s: z p .. ,n