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%A a <br />83-- 001123 <br />(- 4. As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance <br />r of these Trusts to collect the rents, issues and profits of said property, reserving unto Truetor the right, prior to any default by Truster <br />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 ouch rents, issues and <br />profits, including those past due and un paid, 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 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 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 Trustees sale. Trustee shall apply the proceeds of the sale as follows: (11 to the expense <br />of the sale, including a reasonable Trustees fee; (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.purchoser 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 th:..equirements <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 fide pur•hasers and encumbrancers for value. <br />7. The tower of sale conferred by this Deed of Trust is not an exclusive remedy; Beneficiary may cause this Deed of Trust to be foreclosed <br />as a mortgage. <br />&. In the event of the death, incapacity, disability or resignation of Trustee,.fleneficiary 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 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, kind 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 Notice of Sale be mailed to <br />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 - - - -- day of Narch, A. D. 19._3 __. <br />STATE OF :NEBRASKA <br />'a Zl ss. <br />COtiNTY i <br />On this ._.___.Z day of -__ Sr(-iL.- A.D., 19ii�i before me, the undersigned, a Notary Public, duly <br />commissioned and qualified for and residing in said county, personally came Ri t.a ea li_acQb zen -a_z n___- t. -_.. <br />nePuo 1 to me known to he the identical person _ whose name affixed to the foregoing <br />instrument as Trustor _. _ and acknowledged the name to he __- :@ vol- <br />untary act and deed. - -- ttiMHMI llf#iMtt- gsNMMrNb <br />Witness my hand and Notarial Seal the day and year last aMtve written. I KATMIEEN K Ii1L1, <br />My Commission expires the � day i Wtliwt.6yMnelt�l, <br />of <br />i!M <br />_ - Notary Public <br />j STATE: OF _.. <br />i ss. <br />Count n' <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. al o'clock and <br />minutes _ - - M., and duly recorded in Book of <br />Mortgages page <br />Register of Deeds <br />swot F:tI,NE, <br />Deputy <br />a <br />IN <br />0 <br />