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001963
<br />(d) Trustor shall pay all taxes levied upon this Trust Deed or the debt secured hereby, together with any other
<br />taxes or assessments which may be levied against the Trustee or Beneficiary or the legal holder of said
<br />promissory note on account of the indebtedness evidenced thereby.
<br />(e) Whenever used herein, the singular number shall include the plural, the plural, the singular, the use of any
<br />gender shall be applicable to all genders, and the term "Beneficiary shall include any payee of the
<br />indebtedness hereby secured or any transfer thereof, whether by operation of law or otherwise.
<br />16. `'Succeew Trustee, Beneficiary may from time to time substitute a successor or successors to any Trustee
<br />named herein or acting hereunder to execute this Trust Deed. Upon such appointment and without conveyance
<br />to the successor Trustee, the latter shall be vested with all title, powers, and duties conferred upon any Trustee
<br />herein named or acting hereunder. Each such appointment and substitution shall be made by written instrument
<br />by Beneficiary, containing reference to this Trust Deed and its place of record, which when recorded in the
<br />office of the Register of Deeds of the county or counties in which said property is situated shall be conclusive
<br />proof of proper appointment of the successor Trustee. The foregoing power of substitution and the procedure
<br />therefore shall not be exclusive of the power and procedure provided for by law for the substitution of a Trustee
<br />or Trustees in the place of the Trustee or Trustees named herein.
<br />17. F"bearance by Beneficiary or Trustee Not a Waiver. Any forebearance by Beneficiary or Trustee in
<br />exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or
<br />Preclude the exercise of any right or remedy hereunder. Likewise, the waiver by Beneficiary or Trustee of any
<br />default of Trustor under this Trust Deed shall not be deemed to be a waiver of any other or similar defaults
<br />subsequently occurring.
<br />16. Trustor Not Released, Extension of the time for payment or modification or amortization of the Burns
<br />secured by this Trust Deed granted by Beneficiary to any successor in interest of Trustor shall not operate to
<br />release, in any manner, the liability of the original Trustor and Trustrnr's successor in Interest. Beneficiary shall
<br />not be required to commence proceedings against such sr. +ccesscr or refuse to extend time for payment or
<br />otherwise modify amortization of the sums secured by this Tr {.►s! C)eed by reason of any demand r-nade r)y the
<br />;)riginal Trustor and Trustor's successors in interest.
<br />19. Option to Foreclose. Upon the occurrence of any default hereunder, Beneficiary shall have the optiorn to
<br />oreclose this Trust Deed in the manner provided by law for the foreclosure of mortgages on real property.
<br />.0. Trustor's Rights, Absent Default. Until any default in the payment of indebtedness hereby secure(( w t►ntil
<br />he breach of any covenant herein contained, the Trustor, its successors and assigns, shall possess and en')y
<br />the property, and receive the rents and profits therefrarn Upon payment of aii sums secured by this T mist DF:ed,
<br />Beneficiary shall request Trustee to reconvey the property and shall surrender this Trust Deed and all notes
<br />evidencing indebtedness secured by this Trust Deed to Trustee. Trustee shall reconvey the property +.without
<br />vvarranty and without charge to the persons legally entitled thereto. The Grantee in any reconveyanr cj n,av t,r,
<br />described as "the person or persons entitled thereto," :arid the recitals therein of arty matters or facts ;hall t�E
<br />I proof of the truthfulness thereof. Such person or persons shall pay all costs of recording, if anv.
<br />The Trustor requests that a cf, tpv of arvy of 60autt and of any nonce of sere nereurider he rrrrfitL�cl try,
<br />trim df the address herr- inbefore set forti�-
<br />IN WI%N[Z WHI(Htor, tine rrustor i 0xecuted This Trust (Deed the day acid yeas first t)e>vP wr{ttc�r;
<br />M
<br />STATE OF NEBRASKA
<br />COUNTY OF HOWARD 51%
<br />Before rr)c;, it Notary Public, tpl,F,alrfiod tc)F s;,iltf ( ",wiF)fy p�E.r c: >r,: ► €{t,� 1 r� { „r, Arthur H. Niedfelt and
<br />L. Niedfelt, husband aM wife
<br />rw.awn to me to t>e tht� identical p►rara,ryri(,) V010 €,►rr ►{ c1 thrr } ,rF,.
<br />ex 'rattron thereof to he his, her, or the ) { }ralnFp Ir �, rI, {,,, r r is;rl {� w 1rivVh•,flrrtr rte �
<br />Il VC)It)n(iirV r1{,t r ►I °S (f fleF'd and it F:�t t i {Ir?If orl 1)I fleiit IA
<br />thet�xer execution ttletF�Of was the dolor {14ry first ,M)d
<br />v . (jed k4r t that thF3 � ,Itvh �tfl(l r i)d tilh! i {if(f thE,r'tl? I i It (°Crp)t}r,ll{; fC iC!f )!F?tCrG n vt:�ltF�',f, "Uy itC:f s @n!i {fFx ri t,f
<br />L ^d'i`; t {.t_IrF,t,) i)ftf :Kt:,ti !zy rftt:' .tij!llt,l .,t
<br />W{tr *ass my f►ar)r9 arL{(t Nr,)tar{ral sF F,ii it )I, 24 th Apri 1
<br />_.. -..,. rf 14 4,1
<br />April , ;9G.% iry
<br />.�)� 7.... -..
<br />ON&A
<br />�ftft F* *1 l
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