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and possession of said premises now delivered unto said Trustee;
<br />TO HAVE AND TO HOLD the same, with all rights, privileges, and appurtenances thereto belonging unto the Trustee,
<br />his executors, administrators, heirs, and assigns forever. And the Trustor hereby expressly waives, releases, and relinquishes
<br />lino the Trustee all right, title, claim, interest, benefit, and estate whatever, in and to the above - described premises and each
<br />and every pan thereof, which is given by or results from all laws of the State of Nebraska pertaining to the exemption of
<br />homestead. And the Trustor covenants with the Trustee that he will forever warrant and defend the title to the same against the
<br />lawful claims of all persons whomsoever.
<br />IN TRUST HOWEVER, for the following described purposes: WHEREAS, the Trustor did on this date execute a
<br />Promissory Note evidencing a loan for the principal amount of 3_ 7055.29 and interest thereon
<br />according to the terms of said Promissory Note; said Promissory Note being payable in monthly installments at such place as
<br />the Beneficiary may designate in writing from time to time. Notwithstanding any provision contained herein or in said
<br />Promissory Note to the contrary, if not sooner paid, all sums due and owing under the terms of said Promissory Note shall be
<br />paid on or before 11 -7 -9I — __..---------------- -___ -_ .
<br />It is agreed by and between the parties hereto that until filing of Notice of Default, the Trustor shall; (1) nay all present
<br />and future taxes and assessments, general and special, against said property before the same becomes delinquent or actionable;
<br />(2) keep all improvements erected on the land insured as may be required from time to time by beneficiary against loss by fire
<br />and other hazards, casualties and contingencies, in such amounts and for such periods as are reasonable and may be required
<br />by beneficiary, and to keep all policies of such insurance in force or effect upon the property herein described constantly
<br />assigned and delivered to beneficiary. (3) pay and comply with all of the terms and conditions of any lien, claim or
<br />indebtedness that may be senior to or take precedence to this Trust Deed as soon as any such payment on such lien, claim or
<br />indebtedness shall become doc; and upon failure of Trustor to keep any said agreements, beneficiary may pay such tax, pay for
<br />such insurance or pay off such liens or claims or indebtedness as the case may be, and the money so expended together, thereon
<br />as provided by the terms of the aforementioned Promissory Note, shall be secured by this Trust Deed, and the Trustor agrees
<br />to repay the same upon demand, and upon failure to do so the balance of the attached note shall become immediately due and
<br />payable at the option of the beneficiary; (4) specificatiy confer upon the Trustee the power of sale as provided in Nebraska law;
<br />(5) retain possession of the premises and collect the rents and revenues therefrom.
<br />Upon payment of all the sums secured by this Trust Deed, the Beneficiary shall request the Trustee to reconvey the
<br />property and shall surrender this Trust Deed and all notes evidencing indebtedness secured by this Trust Deed to the
<br />Trustor. Trustee shall reconvey the property without warranty to the person or persons legally entitled thereto; but if
<br />default be made in the payment of said note or any part thereof or any of the interest thereon when due or in the faithful
<br />performance of any or either of said agreements as aforesaid then the whole of said note shall become due and be paid as
<br />herehafter provided, and this deed shall remain in force; the Trustee or his attorney may proceed to sell the property in
<br />its entirety or in parcels at the option of the Trustee heminbefore described at public auction, to the highest bidder, for
<br />cash, However, the power of sale herein conferred upon the Trustee shall not be exercised until (1) the Trustee shall first
<br />file for record in the office of the register of deeds of each county wherein the trust property or some part or parcel
<br />thw*6 is sittilat d, a notice of default, identifying the Trustee by stating the names of the Trustor and names therein and
<br />giving t$e boor and page where the same is recorded, a description cf the trust property, and containing a statement
<br />that r broach of an obligation for which the trust property was conveyed as security has occurred, and setting forth the
<br />nature of such breach and of his election to self or cause to be sold such property to satisfy the obligation; and (2) after
<br />t:hii ' p t at not lass than one month, the Trustee shall give notice of sale as provided by Nebraska law. After notice of
<br />d6hok and lapse of not lass than one month, the Trustee shall give written notice of the time and platy of sale
<br />'poirticullntly doocribiing the property to be sold by publication of such notice, at least five times, once a week for five
<br />Commutive weeks, ills last: publication to be at least 10 days but not more than 30 days prior to the sale. in some
<br />nowsompor having a general circulation eta each county in which the property to be soh). or some part therty. f, is situated.
<br />Upon =such sale. the Trustee shall exec-uute and deliver a deed of conveyance of the property .old to the purchase< or
<br />pUMM thw*of and any �tatorftnt or recital of fart in such deed in relation to the exerc:i� oI the power of :tale and
<br />aatle id the pre>pxtrty riitasrribred thea�atn. ataal�tt)itq{ recatall±c t ricit any mailing. per-sonal dolivery nand publication tit the
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<br />nb f M dalauk, any roaiffrg and the pu lication and pratating oaf sw6te of *aie. and the conduct of stile; anti such rex -ital
<br />+waif (,oruatitttte prit" fwd* evtciattc'e of'tat npce and otrot'fta_*uvar o;a=tdt+tYre thereof in tltayctir of kx; : ±ta itcla, 1101chaseFr:-
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