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<br />88- 108147 . <br /> <br />to Ih. pureh...r, without riaht of red.mption. the Trust.... tltl. and all righl. lill., inl.rest and claim of the Tru.lor and his SbCC.S'Ors <br />in int.resl~t lI@1lersoos claiming by or Ihrough or und.r th.m, in and 10 the prop.rty sold. including all suel. righl. tltI.. Int.rest <br />and claiin In 'anirlO such property acquired by the Trustor or his succ.ssors in int.rest subsequ.nt to the .x.cutlon of Ih. Trusl... Th. <br />1iustee shall apply Ih. proceeds of Ih. Trusl..'s saI., first. 10 the cosl and exp.nses of .x.reislng the pow.r of sal.. and of the sal.. <br />includilllllh. paym.nl of Ih. Trust..'s f..s actually incurred not to .xc..d the amount which may b. provid.d for in the trusl d..d, <br />second. to paym.ill of the obligations secured by the trust deed. and the balanc., if any, to the p.rson or persons I.gally .nlltl.d Ih.relo. <br /> <br />Apd the Truste. covenants faithfully to perform the trust h.rein creat.d. <br /> <br />BENEFICIARY may from time 10 lim. substitule a sucoossor or successors 10 any Truste. nam.d h.rein or acling h.reunder to <br />execute Ibis 'Ih1st Deed Upon such appointm.nt and without conv.yance to the succ.ssor Trustee, the latt.r shall be vested with all <br />title, powms, and duties conf.rred upon any Trust.e herein nam.d or acting hereund.r. Each such appointment and substitution shall <br />be made by writt.n instrumenl and ex.cuted by Ben.ficiary, containing reference to this Trusi need and its place of record, which. wh.n <br />record.d in the office of the Register of ne.ds of Ihe county or counties in which said property iniiuated. 'shall be conclusive proof <br />of proper appointm.nt of the succ.ssor Trustee. The foregoing power of subSlilution and the procedure therefore shall not be .xcluSlVe <br />of the power and procedure provided for by law for the substitution of a Truslee or Truste.s in the place of the Trustee or Trustees <br />named herein. <br /> <br /> <br />Should the Truslor or its successor in inlerest without the consent in writing of the Beneficiary sell, transfer. or convey, or permit <br />10 be sold, transferred or conveyed, by agreement for sale or in any manner. ils interest In the above described real estate (or any part <br />therenf). then Beneficiary may declare all sums secured hereby immediately due and payable. subject to applicable law, <br /> <br />The waiver by Trustee or Beneficiary of any default of Truslor under this Trust need shall not be or be deemed to be a waiver <br />of any otber or similar d.faults subsequently occurring. <br /> <br />This Trust need shall inure to and bind the heirs. legatees. devisees. administmlors, execulors. successors and assigns of tbe parties <br />berelo. <br /> <br />The Trusl ne.d shall be construed according to tbe laws of the Stale of Nebraska. <br /> <br />The Truslor requ.sts tbal a copy of any notice of defaull and of any nollce of sale hereunder be mailed to him by certified mail <br />at the address bereinbefore set forth and evidence of sucb mailing shall constitule evidence of receipt of such nolice. <br /> <br />Truslor repres.nts and warrants thallhe above described real estate is not used for an agricultural activity. <br /> <br />Wherever the context so requires. singular words shall be construed in the pluml and vice versa, and the masculine gend.r shall <br />be constru.d 10 include Ibe feminine and vice versa <br /> <br />IN WITNESS WHEREOF, the Trustor has hereunto set his hand Ihe day and year first above written. <br /> <br />TRUmJqifkr/ ~ <br /> <br />Robert J. Melgoza <br /> <br />TRUmJR <br /> <br />,J~9'lu~ <br /> <br />Sl'ATE OF <br />COUNTY OF D::h"'''~''' <br /> <br />}SS, <br /> <br />Sally Melgoza <br /> <br />Before me. a Notary Public. qualified by said counly. personally came <br /> <br />Robert J. Melgoza <br /> <br />and <br /> <br />Alto 11 Y MAl tlOZI'I known lo me to be the identical pcrson(s) who signed the foregoing <br />illl1nlmenl and acknowledg.d tbe execution th.reof to be his. her or Ih.ir voluntary acl and d..d Witness my hand and Notarial Seal <br />m. 'ICII~.mhAr 14 . 19----B8 C!. . <br /> <br />QEIlER.\L Homr'S1Jhtlllllr. c:---7f- J ~-t>-~ <br />My commission expire' K. A. GOOSIC NOTARY PUBLIC '7 <br />b _. Mrc.... Ell- "I I, 1989 <br /> <br />(5elIl) <br />