Laserfiche WebLink
5-- 1 01850 <br />;. 4. As additional security. Trustor hereby <br />y gives to and etxtfers upon Beneficiary the right, power and authority. during the continuance <br />Of these Trwts to collect the rents, iasuw and profits of said property, reserving unto Trustor the right, prior to any default by Trustor <br />in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retai n such rents, issues <br />and profits as they homme due and payable. Upon any such default. Beneficiary may at any time without notice. either in person, by <br />court, agent, or by a receiver to be appointed by a cot, and without regard to the adequacy of any security for the indebtedness hereby secured, <br />enter upon and take possession of said property or any part thereof, in his own name sue for or otherwise collect such rents, issues and <br />profits, including those past due and unpaid, and apply the same upon any indebtedness secured hereby, and in such order as Beneficiary <br />-may determine. The entering upon and taking po ion of said property, the collection of such rents, issues and profits and the application <br />thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. <br />5. Upon default by Trustor in the payment of any indebtedness secured hereby or in the performance of any agreement contained herein, <br />all sums secured hereby shall 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 accardance with the Nebraska Trust Deeds Act, at public auction to the highest <br />bidder. Any person except Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: 41) to the expense <br />of the sale, including a reasonable Trustee's fee: (2; to the obligation secured by this Deed of Trust; i31 the surplus, if any, shall be distributed <br />to the persons entitled thereto. <br />6. Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall convey 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 shall recite the facts showing that the .sale was conducted in compliance with all the requirements <br />of law and of this Deed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor <br />of bona fide purchasers and encumbrancers for value. <br />7. The power of sate conferred by this D-,,d of Trust is not an exclusive remedy; fienefictary may cause this Died of Trust to be foreclosed <br />as a mortgage. <br />8. in the event of the death, incapacity, disability or resignation of Trustee. Reneficiary may appoint in writing a successor trustee, <br />and upon the recording of such appointment in the mortgage records of the count - o in which this Decd of Trust is recorded, the successor <br />trustee shall be vested with all powers of the origin! trustee. The trustee is not bliged to notify any party hereto of pending sale under <br />Deed any other of Trust or of any action or proceeding in which Trustor. Trustee or Beneficiary shall be a party unless such action or <br />proceeding is brought by the Trustee. <br />9. This Deed of Trust applies to, inures to the benefit of', and is binding not „nly on the parties hereto, but on their heirs. devisees, <br />legatees, administrators, executors, successors and assigns. The term Beneficiary. shall mean the holder and owner of the note secured <br />hereby, whether or not named as Beneficiary hereto. <br />lo. Request for Notice of Default or Notice of Sale. It es requested that a copy of any Notice of Default or Notice of Sale be mailed to <br />each person who is named in this Trust Deeil at the mailing address of such person asset out ahnye <br />NOTICE TO CONSUMER: 1. Do not sign this paper before you read it. 2. You are entitled to a copy <br />of this paper. 3. You may prepay the unpaid balance at any time without penalty and may he entitled <br />to receive a refund of unearned charges in accordance with law. <br />Signed this ___ - A ri 1 86 <br />fd _14th _. day' of � . A.D..9.- - <br />STATE OF NEBRASKA <br />COUNTY ;1 -, <br />On this - ____.1411L_.._ day of .__Apr i -i__ ._ A.D., 19. 86..__. before me, the undersigned, a Notary 1 ublic, duly <br />commissioned sic: qualified for and re .dint= in said county, personally catne John _R.. - RaLmir22_dDd_ Mir _lam' D. <br />Ramirez, 11u5bafld slid Wife W me known to be the identical person S__ whose name S_ affixed to the foregoing; <br />instrument as Trustor _5__. _ ..__ _ and acknowledged the -ame to he _ __ _their__ Vol- <br />untary _ _ <br />untary act and deed. <br />Witness my hand and Notarial Real the day and at fa: 1'ttsusllhkab <br />My Commission expires the _- _8th.. _ SHERMY.WA1 <br />of _ -- Februar rh atom Exp fehr <br />y._ _ Iv 8 -- _ <br />Notary Pub is <br />iTATE OF <br />! ..__. -..... _ -.. __. _._..._..._. -.. County <br />Entered in :Numerical Index and filed for record to the otfice of the Registt•r of Deeds of sand county, the <br />day of at o'clock and <br />minutes M .and duiv ,recorded in Book _ of <br />Mortgages page <br />Rt gtster of Deeds <br />Deputy <br />L <br />