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86- 108701
<br />4. As Truinor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance
<br />Of these rents,' issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor
<br />in payment Of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues
<br />anW Profits as they became due and payable. Upon any such default,; Beneficiary may at any time without notice, either in person, by
<br />agent, or by s receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured,
<br />enter upon and take possession of said property or any part thereof, in his own name am for or otherwise collect such rents, issues and
<br />profits, including those post due and unpaid, and apply the same upon any indebtedness secured hereby, and in such order as Beneficiary
<br />may determine. The entering upon and taking possession ofsaid property, the collection of such rents, issues and profits and the application
<br />thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice.
<br />5. Upon del'sult by Truster in the payment of,any indebtedness secured hereby or in the performance of any agreement contained herein,
<br />all sums secured hereby shall immediately become due and payable at the option of the Beneficiary. In such event and upon written request
<br />of Beneficiary, Trustee shall sell the trust property, in accordance with the Nebraska Trust Deeds Act, at public auction to the highest
<br />bidder- Any person except Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as (ollows: ( 1) to the expense
<br />of the sale, including a reasonable Trustee's fee; f2) to the obiigatitm secured by this Deed of Trust; f 3) the surplus, if any, shall be distributed
<br />to the persons entitled thereto.
<br />6. Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall convey to the purchaser the interest in
<br />the property which Trustor had or had the power to convey at the time of his execution of this Deed of Trust; and such as he may have
<br />acquired thereafter. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the requirements
<br />of taw and of this Deed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor
<br />of bona fide purchasers and encumbrancers for value.
<br />7. The power of sale conferred by this Deed of Trust is not an exclusive remedy: Beneficiary may cause this Deed of Trust to he foreclosed
<br />as a mortgage.
<br />S. In the event of the death, incapacity, disability or resignation of Trustee. Beneficiary may appoint in writing o successor trustee,
<br />and upon the recording of such appointment in the mortgage records of the county in which this Deed of Trust is recorded, the successor
<br />trustee shall be vested with all powers of the original trustee The trustee is not obliged to notify any party hereto of pending sale under
<br />any other Deed of Trust or of any action or proceeding in which Trustor, Trustee or Beneficiary shall be a party unless such action or
<br />proceeding is brought by the Trustee.
<br />9, This Deed of Trust applies to, inures to the benefit of, and is binding not only on the parties hereto, but on their heirs, devisees,
<br />legatees, administrators, executors, successors and assigns. The term Beneficiary shall mean the holder and owner of the note secured
<br />hereby, whether or not named as Beneficiary herein.
<br />10. REQUEST FOR NOTICE OF DEFAULT OR NOTICE OF SALE: It is requested that a copy of any Notice of Default or any Notice
<br />of Stile be mailed to each person who is named in this Trust Deed at the mailing address of such person as set out above.
<br />NOTICE TO CONSUMER 1. Do not sign this paper before you read it. 2. You are entitled to a copy
<br />of this paper. 3. You may prepay the unpaid balance at any time without penalty and may be entitled
<br />to receive a refund of unearned charges in accordance with law.
<br />Signed this — 20 ._.__ -.- day of NGV_eMb12L_____.. A.D. 19_86.__.
<br />STATE OF NEBRASKA i
<br />Ha sic.
<br />_ —�. 1 _ COUNTS' 1
<br />On this 20 _— day of VMber _.____.. A.D -, 19-46--. before me, the �� undersigned, a Notary Public, duly
<br />commissioned and qualified for and residing in said county, personally came _Vin e1L4_ A. Zavala and Sharon
<br />Zavala,.,_husband & wife to me known to be the identical person 5_ whose name $-__ affixed to the foregoing
<br />instrument as Trustor and acknowledged the same to be - - -Aheir _ vol-
<br />untary act and deed.
<br />Witness my hand and Notarial Seat the day and year vae�rrittt�rr ---
<br />My Commission expires the d.7-1
<br />y
<br />tffal tINtYY -=rw ! Nssissb
<br />SHOWY. Y. WATSON
<br />of_.. - -- -- - .._Febru CK- --__ -- 198 _ .8 y.--= - - - - -- L`- Maly Public
<br />STATE OF
<br />--- County County i
<br />Entered in Numerical Index and filed for record in the office of the Register of Deeds of said county, the
<br />day of . - - - -. -__ -_ __. _ _.._ _ ___ - - --_ ____ 19 _.___ , at - - -_ - _ o'clock and
<br />minutes -- . -_ -- M., and duly recorded in Book .- ____- _.._-- __ -_ -- of
<br />;Mortgages page -- - - - - - - - - - - - -- -- ------ - - - - - - - -- - --
<br />--------_.._--- - ---
<br />Register of Deeds
<br />Deputy
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<br />a
<br />K.
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