|
(d) Beneficiary may elect to cause the Trust Property or any part thereof to be sold under the power of sale, and in such event.
<br />Beneficiary or Trustee shall give such notice of default and notice of sale as may be then required by law. Thereafter, upon the
<br />expiration o/ such time and the giving of such notice of sale as may then be
<br />required bylaw, Trustee, at the time and place specified
<br />by the notice of sale, shag sell such Trust PropeAy, or any part thereof specified by Bencticlary, at public auction to the highest
<br />din /aw of payment of the price bid, Trustee shall apply the
<br />wer of sale and of the sale, including but not limited
<br />roteeross sale price, and reasonable attorney fees, (fi) to
<br />the , and (fd) dre excess, !f any, to the person or persons legally entitled thereto.
<br />Alf costs and expenses incurred by Beneficiary in enforcing any right under this Deed of Trust, including without limitation, abstract or title
<br />fees, appraisal fees, premiums for tide insurance, attorney fees and court costs, shaft be and constitute Indebtedness secured hereby.
<br />27. Dudes of Trustee. Trustor agees that
<br />(a) Oubes and obXgadons of Trustee shall be determined solely by the express provisions of this Deed of Trust and Trustee shall not be
<br />liable except for the performance of such dudes and obligations as are specifically set forth herein, and no implied covenants or
<br />obligations shall be imposed upon Trustee,
<br />? (b) No provision of this Deed of Trust shall require Trustee to expend or risk its own funds, or otherwise incur any financial obfigati„n in
<br />the performance of any of its dudes !-ereunder, or in the exercise of any of its rights or powers.
<br />(c) Trustee may consult with counsel of its own choosing and the advise of such counsel shall be full and complete authorization and
<br />protection in the respect of any action taken or suffered by it hereunder in good faith and reliance thereon, and
<br />(d) Tnistee 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 Uniform 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. Future 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 none . Advances of disbursements made by Beneficiary to protect the security,
<br />under 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 of Trust to Trustee.
<br />Trustee shall reconvey 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 tide. 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 />alter 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 deep 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 notice 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 eze ed�jthe dda�appy and year first above written.
<br />rCZ C�if.Grz. 2�%
<br />Caletta M. Oakley
<br />STATE OF NEBRASKA )
<br />)ss.
<br />COUNTYOF Hall )
<br />On this 31stday of October , 19 -§-6--, before me, a notary public in and for said county, personally came
<br />Cal etta M Oakley, a Ringle , mut
<br />of 1444 Brighton Drwe,Rrigbtcln, rn An o1 , 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) XM
<br />STATE OF NEBRASKA 1
<br />)ss.
<br />COUNTY OF )
<br />Mo Pvdk
<br />My c- eu es
<br />On this , day of , 19 — . before me. a notary public in and for said county. personally came
<br />and _ . 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. �i >
<br />WITNESS my hand and notarial seal on this the day and year last above written. Vic,
<br />(SEAL) �C
<br />Notary P„uuc
<br />MMST BMAf rEMM
<br />NATIDNAi JISSU1�1111011 , - � ��
<br />Opt EM lams 0lp~ `
<br />FA BOX 170
<br />"MM BE so
<br />
|