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<br />88-106617
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<br />041. A. additional eecurlty, Trustor hereby (llve8 to ond conrers upon Beneficiary the right, power Ilnd outhorlly, during the continuance
<br />of theaa Tru::lta tD ~1Icet. the renta, iB8UCd l1nd prnfitB or Raid propert)', reservlnR unto Trustor tho right, prior to ony derau!t by Trustor
<br />in paymlllnt or an)' Indebtednetll BeCum hCl1lhy or in performance or ony agreement hereunder, to collect and fetain BUch renta, ISluea
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<br />:=ntr:~:/: ::vc~m~ ~~~~~~~(I~J~u~:n:n:I~~c:t ~~~~\::~:~~:'~p:D~r ~~;:C~rit~ ~~~\:;~::d~~~e~~~:=~Ire'l
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<br />enter upon and take P'lSlle8sion or soid property or ony PBrt thereof, In hlB own name IUB ror or otherwllle collect lIuch renta, issues and
<br />profita, including those paIlt due and unpaid, and apply the Boma upon any Indebtedness secured hereby, ond in such ord6r as BeneOciory
<br />may determine. The entering upon ond taking possession of Bold property, the collection of such mnUl, ISlluell and prontll and tbe application
<br />tJlereof 81 aforesaid, shall not cure or waive nny default or notice of default hereunder or invalidate ony Bct done pursuant to such notice.
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<br />6. Upon deCault by Trustor in the payment of Bny indebtedness secured hereby or in the performance of Dny agreement contained herein,
<br />all mms secured hereby shall immediately bectlme due ond payable ot ~e option of the Benenclary. tn such event and upon written request
<br />of Beneficiary, Truatoo sholl sell the trust prop'lrty, in nccordance willi tl-oe Nebraska Tn1st Deeds Act, at public auction to the highest
<br />biddc!'. Any penon except Trustee may bid at Trustee's sale. Trw;tee shall apply the proceeds of the sale as follows: (1) to the expense
<br />Ofth9 sale, including a reasonable Trustee's fee; (2) to the obligation BIlCUred by this Deed of Trust: (3) the surplus,lCany, shall be distributed
<br />to the pelBOnII en~tled thereto.
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<br />6. Tn1a~ shall deliver to the purchaser ot the sale ita deed, without warranty, which shall convey to the purchaser the interest in
<br />the property which Trustor hod or hod the power to convey at the time of his execution of this Deed of TrulIt, ond such as he may have
<br />acquired thereafter. Trustee's deed sholl recite the facts showing that the sole was conducted in compliance with all the requirements
<br />of law and DC tltlll Deed DC Trust. which recital shall be prima Cacje evidence oC Ruch complionce and conclusive evidence thereof in favor
<br />of bona fide purchnlN!rB and encumbrancers for value.
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<br />7. The power of sale conferred by this Deed of Trust is not an exclusive remedy; Beneficiary may cause this Deed oC Trust to be foreclosed
<br />B.II a mortgage.
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<br />8. rn the event of the death, incapacity, di&nbility or resignation of Trustee, Beneficiory may appoint in writing 8 succesaor trustee,
<br />and upon the recording of such appointment in the mortgage records of the county in which this Deed of Trust is recorded, the 8Ucce5llOr
<br />trustee shall be vested with ell powers of the originnl trustee. The trustee is not obliged to notify any party hereto of pending BOle under
<br />any other Deed. of Trust or oC any action or proceeding in which 'frw;toc, Trustee or Beneficiary sholl be 0 party unless such action or
<br />proceeding is brought by the Trustee.
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<br />9. This Deed of Trust applies to, inures to the benefit of. and is binding not only on the parties hereto. but. on their heirs, devisees.
<br />legatees, administratol1l, executors, successors ond pssigns. The tenn Beneficiary sholl mean the holder and owner of the note secured
<br />hereby, whether or not named as Beneficiary herein.
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<br />10. Request Cor Notice of Default or Notice oC Sale. It is requested that a copy of any Notice of DeCault or Notice of Sale be mailed to
<br />each person who is named in this Trust Deed at the mailing address of such person 05 set out above.
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<br />NOTICE TO CONSUMER: 1. Do not sign this paper berore you read it. 2, You are entitled to a copy
<br />or this 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 />clay of Decemb"r
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<br />, A.D. 19---.B.B.......
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<br />tJoMy cI ~~
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<br />STATE OF NEBRASKA
<br />Hall
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<br />)
<br />) ...
<br />COUNTY )
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<br />On this day of December A.D., 19..1llL-. before me, the undersigned, a Notary Public, duly
<br />commill8ioned and qualified for and residing in said county, personally came BObby l. Royle.
<br />to me known to be the identical person _ whose name _ affix.ed to the foregoing
<br />instrument as Trustor and acknowledged the same to be his vol-
<br />untary aet and deed.
<br />Witoess m~ hand and Notarial Seal the day and;t{ear IJ;' 5"5 b'
<br />My Comml..,on expires the 8 cia liIIIML IITARY-&1tI .,....0 ./1. ,........r7
<br />of February ,19 91 1HIIl1ll:.r:r; ~.u':" ~'
<br />. _tA Mhe ("'"
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<br />STATE OF I
<br />I...
<br />County I
<br />Entered. in Numerical Index. and filed for record in the office of the Register of Deeds of said county, the __
<br />day of . 19_, at _ o'clock and
<br />minutes M., and duly reL'Orded in Book of
<br />Mortgagee page
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<br />c
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<br />Regiater of Deeda
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<br />Deputy
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<br />991 E82 (NE)
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