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J4 , {4 and encumbr~a ~f ealu" i "amt, notices. 7be Trustes's dad shall operate to convey to the purchaser. without rtght 0~5 ~.dhe "s title and all right., tltle~ interest and claim of the Trustotr and his su6oim rs in interest tend of all ns clairai b or through by or under thexa, in and to the property sold. including all such right, title. interest and claim in and to such property acquired by the Trustor or his successors in interest subsequent to the esracution of the Trustee. The Trustee ashaV.. apply the proceeds of the Trustee's sale; first. to the cost and expenses of exercising the power of sale and of the sale; including the payment of the 7l-ustee's fees actually incurred not to exceed the arnourt which may be provided in the Trust Deed, second, to payment of the obligations secured by the Trust Deed. and the balance, if any. Lo the person or persons legally entitled thereto. - And the Trustee covenants faithfully to perform the trust 'herein created. BENEFICIARY :nay from time to time substitute a successor or successors to any Trustee named herein or acting hereunder to CACCUte this. Trust Deed. Upon such appointment and without conveyance to the successor Truste. , the latter shall be vested with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such appointment and substitution shall be made by written iastrsment 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 substitution of a Trustee or Trustees in the place of the Trustee or Trustees named herein. Unless proitibited. in the event the subject property is sold, agreed to be sold, conveyed, assigned or alienated by the- Trustor prior to the maturity of the note secured by this deed, the unpaid balance of principal and interest shall become- immediately due and payab;c at the option of the holder of said note. The waiver b: the Trustee or Beneficiary of any default of Trustor under this Trust Deed shall not be or be deemed to be a waiver of any oth~-r or similar defaults subsequently nccu,ring. . This Trust Deed sha! inure ra and `:ind the heirs, legatees, devisees, administrators, executors, successors and assigns of the parties hereto. The Trust Deed shatl be construed according to the laws of the State of Nebraska. The Trustor requests that a copy of any notice of default and cf any notice of sale hercunder be mailed to him ty certified mai: at the address hercinbefore set forth and evidence of such mailing shall constitute evidence of receipt of such notice. Trustor represents and warrants that the above described real esuac is not used for an agricultural activity. Where,er Lite context so requires, singular words shall be construed in the plural and vice versa, and the masculine gend:r shall be corivrued to include the feminine and vice versa. IN WITNESS WHEREOF, the Trustor has hereunto set his hand the day and year first above written. RUSTOR T usroR ~ STATE: COUNT}' OF lull SS. Before me, a Notary Pubic, uaGficd b said count Lester Robert Lentz q y y, pcrsoO'ally came.,..,, and Fern Jeanette Lentz known to me to be the identical person(s) who signed the f regoing instrument and acknowledKed the execution thereof to be his, her or their voluntary act and deed. Witness my hand and Notarial Seai on January 16, 1986 19 Sly commission expires: _NOTARY PUBLIC (seal)t; q Mi; Fit o F 17 Jur'! 24, IM Nit C_ 4 QM ` a 7 ppv O r-0 en r."► jt+t~C}Qr(ry '