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<br />4. .4a sda�r Tremor leereb.- gases to and upon Beneficiary the night, power and authority, during the continuance
<br />of these Truess to callect the rents, umate ana profits of sod property- reserving uses, Truster the right, prior w any default. by Trumor
<br />in payrneut of my indebtedness secured hereby or in performance, of any agreement beTeunder. to collect and retain such rents, issues
<br />and Vnifift as they become due and paiuble- Upm saw so& default, Berieficiary may at any time vritbout notice, either in person, by
<br />38BUt, or by A 160MIT to be ApPorated by a court., And without regard to the adequary of any security for the indebtedness hereby secured,
<br />enter upon mad take possession of said primerty QT Amy part thereof, in his own name sue for or otherwise collect such rents, issues and
<br />prefits. inchnfing these Pon 4M and impald. APd apply the same upon any indebtedne&s secured hereby, and in such order as Beneficiary
<br />rnsy amormcne- The entering Rpm and taking possession ad said property, the callertzoiz of such rents, moms and profits and the applicatiort
<br />thared no afievissed, shell net cure or weave env deflauk or notice o[ default ls: reunder air invalidate any act done. to such notice-
<br />Upost defoult by Truster in the payment of any inclebtedness secured heretiv or in the performance of any agreement contatned herein,
<br />all sums secured hereby shall unmedistely become due and payame at the option of-he Betwhoar3 , In such event and upon wrstaen request
<br />of Beftofimwy, Trustee "I sell the trust properIN in accandance with the Nebraska Trust heeds Am at public auction to the highest
<br />bulder. Any person eveept Trustee may bid at Ti;" 's sale. Trustee shall apply ttk- proceeds of the sale as follows: 1) to the expense
<br />of the ask- including a reasonable Trustee's fee: 12, to the obligation secured by this Deed of Trust, � 31 the surplus, -f any. �� be distribted
<br />to the persons entitled thereto.
<br />6. Trustee shall deliver to the purchaser al. the sale its deed. without warranty, w-bwh shell ranvey to the purchaser the interest in
<br />the property whwb Truster had or had the power to convey at the time of his execution of this Deed of Trust, and such as he may bait
<br />acquired theavahm Trustee's deed shall Tecrte the facts showing that the -ask was conducted in compliance with all the toclumements
<br />of law and of this Deed of Trust, which recital shall be prime facie evidence of such compliance and conclusive evidence thereof in favor
<br />of bona fide purchasers and encurtbrancen; for value.
<br />7_ The power of sale conferred by this Deed of Trust is not an exclusive rernedv: Reneficiaiv inav cause this Deed of Trust to be foreclosed
<br />as a mortgage.
<br />S. In the event of the death, incapacity. easabilicy or resignation of Trustee, Beneficiary may appoint in writing a successor trustee,
<br />and upon the recording of such appointment in the mortg age records of the counts in while' j ch
<br />this Deed of Trust is recox4ed, the suconagor
<br />trustee shall be vested with all powers cf the original trustee. The trustee is not obliged to notify any part} hereto of pending sale under
<br />any other Deed of Trust or of any action or proceeding in which Ttuswr. Trustee or Beneficiary shall he a parry unless such action or
<br />pr&mvdmg is brought by the Trustee,
<br />9. This Deed of Trust applies to. inures to the benefit of, and is binding not only on the parties hereto, but an ineu- heirs, devisees.
<br />legatees, administrators, executors, successors and assigns. "he term Reneficiary shall mean the holder and owner of the note secured
<br />hereby, whether or not named as Reneficiary herein.
<br />lit- Request for Notice of Default or Notice of Sale- It is requested that a copy of any Notice of Default or Notice of Sale be mailed to
<br />each person who as named in this Trust Deed at the matluil; address of such person as w, out above.
<br />NOTWE TO CONSUME& 1. Do not sign this paper before you read it. 2. You are entitled to a copy
<br />of this paper. 3. You may prelmy the unpaid balance at any time without penalty and may be entitled
<br />to receive a refund of unearned charges in accordance with law.
<br />Signed this 22 day of JanuarY A.D. 19 87
<br />7
<br />STATE OF N -"Xv L; nl LC
<br />Hall COU-14TY r x
<br />On this 22 _far of January
<br />A-I'-. I -.9
<br />_87 before me- the undersigned, a Notary Public. duly
<br />?rhf, for and residing in said county, personally came Lyle W. Wilke and Leola M- Wilke,
<br />OTT �dandatudi to me known to be the identical person ? whose name 5— affixed to the foregoing
<br />instrument as Truster and acknowledged the same to be their voi-
<br />untary act and &-ed-
<br />Witness my hand and Notarial Seal the day and year 14st
<br />y Commission expires the 8 da VERN Y. WATSON
<br />of February— 9-87 A lk LMM EJM Fehr 2 111117
<br />bile —
<br />STATE OF
<br />Counts
<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 />ininutes M., and duly recorded in Book
<br />Mortgag- page
<br />R
<br />Register of Use&
<br />991 E82,-Ny. Deputy
<br />
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