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85_,,,, 000571 <br />4. As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance <br />(� of these Trusts to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor <br />r in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues <br />and profits as they become due and payable. Upon any such default, Beneficiary may at any time without notice, either in person, by <br />agent, or by a 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 sue for or otherwise collect such rents, issues and <br />profits, including those past 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 of said property, the collection of such rents, issues and profits and the application <br />thereof ae 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 default by Trustor 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 follows: (l) to the expense <br />of the sale, including a reasonable Trustee's I'ee; (2) to the obligation secured by this Deed of Trust; (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 law 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 fade purchasers and encumbrancers for value. <br />i. The power of safe conferred by this Deed of Trust is not an exclusive remedy; Beneficiary may cause this Deed of Trust to be foreclosed <br />asa mortgage_ <br />N- In the event of the death, incapacity, disability or resignation of Trustee. Beneficiary may appoint in writing a 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 tested with all powers of the original trustee. The trustee is not obliged to notify any party hereto of pending sale under <br />any ether Deed of Trust or of an action or proceeding in which Trustor. "iustee or Beneficiary .shall be a party unless such action or <br />proceeding is brought by the Trustee. <br />9 This Deed of Trust apph— to, inures to the benefit of, and is hindtrtt r.0 only in the parries hereto. but on their heirs, devisees• <br />legatees. administrators, executors, successors and assigns. The term Bvnellciary :hail 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 Notice of Sale be mailed to <br />each person who is n -.tried in this Trust Deed at the mailing address of such person as set out ibove <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 clay op Tt=.r.L- \ 1) 14 <br />STATE OF NEBRASKA Z2 <br />�a 11 (') CNT i / C <br />t)n this d :n< -.< <br />_. .L ay o f <br />\ !). <br />f`) - before mea the undersipmed, a Notary Public. duly <br />commies toned and yuahticd for .ind resulir,a <br />m aid uiuntc <br />., i <br />peraunuily rums f'a . <br />z 1pr tmc . -.E -_;; A <br />ckj'e6bY a�d�W G b3.:B, me kri"wTI <br />iii the• Avnticol <br />person L. whose name .i <br />affixed to the foregoing <br />instrurnent as Trustor <br />,-A ,u <br />knowledged the s;trne to he <br />Gt:B1Y._ _ _ _ _ yz >I. <br />rintary act and deed <br />Witness my hand rind Nntaruii s.cai tfle day and <br />year lost <br />oho%v written <br />–Stmt <br />1G1TIiiEEM K Hlll <br />S$y F "omruyioer expiry, ±he• <br />of �) f > a <br />J;iy <br />r e�:i{J <br />GGGI J �� <br />� Eitp.l�hRA 3L 19 <br />f <br />No <br />P ub lic <br />STATE I <br />Entered in Nurnt•etiai Iwiv -i and f4L^ti for rr44,rd n, tiae Mllce if the Register. of Dvecis of said county, tlto <br />lay' of 19 :Rt ai'r'lock and <br />rnirrutrs 31 ..yid dint recorded m li,,ok of <br />S'lot'fgas,te. pa�,e <br />In <br />a <br />X <br />R <br />