Laserfiche WebLink
(d) Ben91kWy may elect to cause the Trust Property or any pan thereof to be sold under the power of sale, and in suc 06072 evennt, <br />BeneFtxary or Trustee shad give such notice of default and notice of sale as may be ton required by law. Thereattsr, upon the <br />expiapari of such brie and ft giving of such notice of sale as may then be required by law, Trustee, at the time and place spealfnd <br />by Hie notice of sale, shad self such That Property, or any part thereof specified by BeneNe/ary, at public auction to tine highest <br />bidder for cash to lawful money of the Umted States of America. Upon receipt of payment of the price bid, Trustee shah apply the <br />proceeds in the bellowing order (i) to the cost and expenses of exercising the power of sale and of the sale, including but not kWW <br />to, Indlee s foes or not more than $5W.00 plus one half of one percent of the gross sale price, and reasonable attorney Aegis, (!i) to <br />the kdebtedness, and (fFf) Nis excess, if arty, to the person or persons fegady entitled thereto. <br />AN costs and expanses incurred by Beneficiary in enbming any right under this Deed of Trust, including without lirWatia►, abstract or title <br />fees, appafsal fees, prerrtiu:ns for We insurance, attomey fees and court costs, shall be and constitute lndebtednere secured hereby. <br />27. Dunes of Trustee. Truster agess that <br />(a) Duties and obigations of Trustee shad be determined solely by the express provisions of this Deed of Trust and Trustee shed not be <br />cable except tor the peAomance of such duties and obligations as are specifically set forth herein, and no implied covenants or <br />obligations shad be imposed upon Trustee, <br />(b) No proti ion of this Deed of )rust shad require Trustee to expend or risk its own funds, or otherwise incur any financial obligation in <br />the pedlormance of any of its duties hereunder, or in the exercise of any of its tights or powers. <br />(e) Trustee may consult with counsel of its own choosing and the advise of such counsel shad be full and complete authorization and <br />protection in ft respect of any action taken or suffered by it hereunder in good faith and reliance thereon, and <br />(d) Trustee shall not be liable for any action taken by it in good faith and reasonably believed by it to be authorized or within its <br />discretion or rights or powers conferred upon it by this Deed of Trust <br />28. Security Agreement and Fixture Filing. This Deed of Trust shall constitute a security agreement and fixture filing under the provisions of <br />the Nebraska Urylavm Commercial Code with respect to those fixtures described in the preambles hereof as constituting a part of the <br />Trust Property, together with all other property of Trustor, either similar or dissimilar to the same, now or hereafter located at or on the <br />Trust Property. <br />29. Fut" Advances. Upon request of Trustor. Beneficiary, at Beneficiary's option, prior to full reconveyance of the Trust Property by <br />Trustee to Trustor, may make future advances to Trustor Such future advances, with interest thereon, shall be secured by this Deed of <br />Trust. At no time shall the principal amount of the Indebtedness secured by this Deed of Trust, not including sums advanced to protect <br />the security, exceed the total sum of s 25.000.00 . Advances of disbursements made by Beneficiary to protect the security, <br />undo the terms hereof, while discretionary, shall not be deemed to be optional advances. <br />30. Reconveyance. Upon payment of all Indebtedness secured by this Deed of Trust, Beneficiary shall request Trustee to reconvey the <br />Trust Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed or Trust to Trustee. <br />Trustee shall fecorivey the Trust Property without warranty and without charge to the person or persons legally entitled thereto. Such <br />person or persons shall pay all costs of recordation, if any. <br />31. Substitute Trustee. Beneficiary, at its option, may from time to time remove Trustee and appoint a Successor Trustee to any Trustee <br />appointed hereunder by an instrument recorded in the county in which this Deed of Trust is recorded. Without conveyance of the Trust <br />Property, the Successor Trustee shall succeed to all title, power and duties conferred upon Trustee herein and by applicable law. <br />32. Miscellaneous Rights of Beneficiary. Beneficiary may at any time and from time to time. without notice, consent to the making of any <br />plat of the Trust Property or the creation of any easement thereon or any covenants restricting use or occupancy thereof or agree to <br />after or amend the terms of this Deed of Trust. Any personal property remaining upon the Trust Property after the Trust Property has <br />been possessed or occupied by Beneficiary, its agent or any purchaser following Trustee's sale, foreclosure. or under any deed in lieu <br />of Trustee's sale or foreclosure, shall be conclusively presumed to have been abandoned by Trustor. <br />33. Notice to Trustor. Trustor hereby requests that a copy of any nonce of default and notice of sale made or executed by Trustee pursuant <br />to the provisions hereof be sent to Trustor at its mailing address set forth hereinabove. <br />iN WITNESS WHEREOF, this Deed of Trust has been duly executed the day and yew first above vyigen. <br />i, Larry D. Coffin <br />STATE OF NEBRASKA i Mae E. Co f f in <br />)ss- <br />COUNTY OF HALL ) <br />On this — day of _ , 19 _ , before me, a notary public in and for said county, personally came <br />and - — <br />Of — . known to me to be the identical persons who <br />signed the foregoing Deed of Trust and acknowledged the execution thereof to be their voluntary act and deed, and the voluntary act and <br />deed of said corporation. <br />WITNESS my hand and notarial seal on this the day and year last above written. <br />(SEAL) <br />Non-u PubN <br />:rsr:m�ssror: e.Dves <br />STATE OF NEBRASKA ) <br />COUNTY OF 4 11 1 Ise <br />L <br />On th(S.2 da b • 19 -S( before me, a notary public in and for said county, personally came <br />and -.�— _ _ .known to me to be the iden ical persons who <br />signed ft foregoing Deed of Trust and acknowledged the execution thereof to be their voluntary act and deed. <br />WITNESS my hand and notarial seal on this the day and year last above written <br />(SEAL) <br />��awitw- u.t.rariw. <br />cams; twtptttr <br />.. _._. �' CMw' Ere. lid R tit <br />I <br />