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cy <br />7 <br />and encumbrancers of value and without notice. The Trustee's deed shall operate to convey to the purchaser, without <br />right t01= 01_ the Trustee's title and all right, title, interest and claim of the Trustor and his successors in interest <br />and 6t -peT l claiming by or through or under them, in and to the property sold, including all such right, title, <br />interest and claim in and to such property acquired by the Trustor or his successors in interest subsequent to the <br />execution of the Trustee. The Trustee shall apply the proceeds of the Trustee's sale: first, to the cost and expenses of <br />exercising the power of sale, and of the sale, including the payment of the Trustee's fees actually incurred not to exceed <br />the amount which may provided in the Trust Deed, second, to payment of the obligations secured by the Trust Deed, <br />and the balance, if any, to the person or persons legally entitled thereto. <br />And the Trustee covenants faithfully to perform the trust herein created. <br />BENEFICIARY may from time to time substitute a successor or successors to any Trustee named herein or acting <br />hereunder to execute this Trust Deed. Upon such appointment and withotd conveyance io the successor Trustee, the latter shall <br />he vested with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such <br />appointment and substitution shall be made by written instrument and executed by Beneficiary, containing reference to this <br />Trust Deed and its place of record, which, when recorded in the office of the Register of Deeds of the county or counties in <br />which said property is situated, shall be conclusive proof of proper appointment of the successor Trustee. The foregoing power <br />of substitution and the procedure therefore shall not be exclusive of the power and procedure provided for by law for the <br />substitution of a Trustee or Trustees in the place of the Trustee or Trustees named herein. <br />Unless prohibited, in the event the subject property is sold, agreed to be sold, conveyed, assigned or alienated by <br />the Trustor prior to the maturity of the not(, secured by this decd, the unpaid balance of principal and interest shall <br />become immediateiy clue and payable at the option of the holder of said note. <br />The waiver by the Trustee or Beneficiary of any default of Trustor under :tit, I ne,t Deed shall not be or be deemed to be a <br />waiver of any other or similar defaults subsequently occurring. <br />This Trust Deed shall inure to and hind the heirs, legatees, devisees, administrators, executors, successors and assigns of <br />the parties hereto. <br />The Trust Deed shall be construed according to the laws of the State of Nebraska. <br />The Trustor requests that a copy of any notice of default and of any notice of sale hereunder be mailed to him by certified <br />mail at the address hereinbefore set forth and evidence of ,uch mailing ,hail constitute evidence of receipt of such notice. <br />Trustor represents and warrants that the above described real estate is not used for an agricultural activity. <br />Wherever the context so requires, singular words shall be construed in the plural and vice versa, and the masculine gender <br />shall be construed to include the feminine and vice versa. <br />IN WITNESS WHEREOF, the Trustor has hereunto set his hand the day and year first above written. <br />STATE OF <br />{ ss <br />COUNTY OF— ._Ball �.----------- -_._ -- { <br />4 <br />tit <br />TRUSTOR ' <br />Daniel Flores, Jr. <br />TRUSTOR <br />Gloria Flores <br />Before me, a Notary Public, qualified by said county, personally came Daniel Flores, Jr. _ _ and <br />__ Gloria _Flo =_.______ _. _ ___,___- --- known to me to be the identical personfs) who signed the foregoing instrument <br />and acknowledged the execution thereof to be his, her or their voluntary act and deed. Witness my hand and Notarial Seal on <br />April 24, 1986 <br />My commission expires: <br />NOTARY PUBLIC <br />(seat) <br />� 1 <br />1 <br />Q! <br />i <br />0 <br />_fi :a O <br />tJ <br />rh <br />ency <br />`" 1 <br />O <br />M <br />