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<br />88-104950
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<br />4. As additional oecurlty. Trustor hereby gives to Dnd confers upon Beneficiary the right, power nnd authority, durinR tho continuance
<br />of these Tru..lIta to collect the rcnt.ll. iS8UOII ond profits of .ald property, reserving unto Trustor the right, prior to any dflfoult by Trustor
<br />in payment of any indebtednesa secured hereby or in perfonnance of ony agreement hereunder, to collect ond retain 8uch rents, issues
<br />and profits 88 they become due and payable. Upon any 8uch default, Beneficiary may ot ony time without notice, either In person, by
<br />agent, or by a receiver to be appointed by n court., ond without regard to the ndequllcy of any security for the indebtedness hereby secured,
<br />enter uJ'IOn and take po88easion of said property or any part thereof. in his own nome flue for or otherwise collect 8uch renta, iS8uell and
<br />profits., including those past due and unpaid, and apply the same upon ony indebtedness secured hereby, and in such order os Beneficiary
<br />may determine. The entering upon and taking poBSesslon ofaaid property, the collection ohuch rents, issues and profits and the application
<br />thereof aa aforesaid. shall hot cure or waive any default or notice of default hereunder or Invalidate any oct done pursuant to such notice.
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<br />5. Upon default by Trostor in the payment of any indebtedness secured hereby or in the perfonnance of any agreement contained herein,
<br />all aunu secured hereby shaU immediately become due and payable at the option of the Beneficiary. In such event and upon written request
<br />of Beneficiary, Trustee shall sell the trust property, in accordllnce with the Nebraska Trust Deeds Act, at public audion to the highest
<br />bidder. Any person eJ:cept Trustee mllY bid at Trutltee's sole. Trustee sholl apply the proceeds of the sale DB follows: 11) to the eJ:pense
<br />of the sale, including 0 reasonable Trustee's fee; (2) to the obligation secured by this Deed of Trust; (31 the surplus, lfuny, shall be distributed
<br />to the persona entitled thereto.
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<br />6. Tn1stee sholl deliver to the purchaser ot the sale its deed, without warranty, which sholl cunvey 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 shaH recite the facts showing that the sole was conducted in compliance with 011 the requirements
<br />of law and of this Deed of Trust, which recital shall be prima facie evidence of such compliance nnd conclusive evidence thereof in favor
<br />of bona fide purchasers and encumbrancers for value.
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<br />7. The power ofsnle conFerred by this Deed of Trust is not an exclusive remedy; Beneficiary OIny cnuflt! thlll Deed of Trust to he foreclosed
<br />os a mortgage.
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<br />8. In the event of the death. incapacity, disability or resignation of Trustee, Beneficiary mll.V appoint in writlnR a sueeellsor trustee,
<br />and upon the recording of such appointment. in the mortgage records of the county in whieh thill Ilet>d (If Trust ill recorded, the SUccessor
<br />trustee shan be vested with all powers of the original trustee. The trustee is not obliged to notify Ilny party hCll!to of pending sole under
<br />Bny othl';!r Deed of TruJllt or of any action or proceeding in which Trustor. Trustee or Beneficiary IIholl he II porty unlells such action or
<br />proceeding is brought by the Trustee.
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<br />9. Thill Deed of Trust applies to, inures to the benefit of, and is binding not only on the porties hereto, but on their heirs, devisees,
<br />legatees, administrators, executors, successors and assigns. The tenn Beneficiary sholl mean the holder ond owner of the note secured
<br />hereby, whether or not named llS Beneficiary herein.
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<br />10. Request for Notice of Default or Notice of Sale. [t is requested that a copy of nny Notice of Defllult or Notice of Sale be maUed to
<br />each person who is named in this Trust Deed at the mailing nddre.ss of such person as set out above.
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<br />NOTICE TO CONSUMER: 1. Do not sign this paper before you read it. 2. You are entitled to a copy
<br />of tbia paper. 3. You may prepay the unpaid balance at any time without penalty and may be entitled
<br />to receive a refund of unearned charges in accordance with law.
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<br />Signed this
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<br />8
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<br />day of SeDtember . A.D. 19~.
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<br />~-::::~A.~ /;V- a~~
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<br />On this 8 dsy of September . A.D.. 19~. before me. the undersigned. 0 Notary Public, duly
<br />coami1oned Bnq~UBlified for and residing in said county, personally came Johnnie w. Brun~ ;mrl NAnry
<br />hus an and WI e to me known to be the identical person L whose name L nnixed to the foregoing
<br />instrument as Trustor S and acknowledged the same to be the i r vol.
<br />untary aet Bnd deed..
<br />Witness m~ ~nd an~ Notarial Seal the day and year la~J::;. ::UY..staII of ",ul
<br />My CommlBBlon expires the do IHIIIRl Y. WATaON I /[, --r7
<br />of February. 19..1L.. &,. r..Il8!l!.;;-- ....~b~~" .f/---- / -"d"~J
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<br />STATE OF NEBRASKA
<br />Hall
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<br />)
<br />) ss.
<br />COUNTY )
<br />
<br />Bruns.
<br />
<br />STATE OF I
<br />) 88.
<br />County )
<br />Entered in Numerical Index and li1ed for record in the office of the Register of Deeds of Boid county, the __
<br />day of , 19_, at _ o'clock and
<br />minutes ___.___ M., and duly recorded in Book _______ of _
<br />Mortgages psge
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<br />~
<br />
<br />Register of Deeds
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<br />991 E82 (NE)
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<br />Deputy
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