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{end encumbrancers of value and without notice. The Trustee's deed shall operate to corcev to the purchaser. without ' i0i,bf tedemption, the Trustee's tattle and all right., title. interest and claim of the Trustor and his successors in interest and of all persons claiming ty or through or under them, 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 execution of the Trustee_ The Trustee shall 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 Trustee's fes actually incurred not to exceed the amount which may be provided in the Trust Deed. second, to payment of the obligations secured by the Trust Deed, and the balance, if any, to the person or persons legally entitled thereto. And the Trustee covenants faithfully to perform the trust herein created. BENEFICIARY may from time to time substitute a successor or successors to any Trustee named herein cr acting hereunder to execute this Trust Deed, Upon such appointment and without comeyance t o t he successor Trustee, the latter shall be vested with all title, powers, and duties conferred upon ans Trustee herein named or acting hereunder. Each such appointment and substitution shall he made by written instrument 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, ,hall he conclusv c proof of proper appointment of the successor Trustee. The foregoing power of substitution and the procedure therefore shall not be exclusne 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 narned herein. Unless prohibited. in the Brent the subject prohertx is sold agri -t-d to hu sold comeved. assigned or alienated by the Trtrst0T prior to the maturitx of the nntc secured hx this dyed the unpaid halante of ptirtripal and interest shall become immediateiv due and parable at the option of the holder �f said nwt- The u atxer by the Trustee or Beneficiary of any default of T rush *r under th s l r u.t Deed shall not be or he deemed to be a waiver of any other or similar defaults sub,equentlN oc.urnng. This Trust Deed shall inure to and bind the heirs, Icgatees, des i,ees, admtn1s1ratorN. executors, successors and assigns of the parties hereto. The Trust Deed shall be construed according to the law, of the State of %ebraska. The Trustor requests that a copy of any notice of default and of an% nou.c of sale hereunder he mailed to him b% certified mail at the address hereinbefore set lorth and eiideure of such maihng hall constitute esidence of receipt of such notice. Trustor represents and warrants that the above described teai estate i, not used lot an agricultural acttrit}- Wherever the context so requires, singular cords .hall oe :on,tsued in the plural and site sersa, and the masculine gender shall be construed to include the feminine and %ice versa. IN WITNESS WHEREOF. the Trustor has hereunto set his hand the das and year first above written. STATE OF _ Nebraska _ -_ -- -_- COUNTY OF._ Hall _ _ -_- _ -- t SS T R t S TO R - - -. -- Richard Jensen - H. TRUSTOR Howard Jensen R. Before me, a Notary Public, qualified by said county, personally :dnie Richard _a te____ _ _.__ -- -_- and known to me ro he the idenuLal pernonis) who signed the foregoing instrument and acknowledged the execution thereof to lee his, her or their ioluncais act and deed. N iiness my hand and Notarial Seal on My commission expires'_ N01 ART Pt BL IC ' Iseat) XM KOK=, L 00 ,1 r � ti ro 1 m v, Q C n 3 w Z 0