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002205 <br />4. As additional security, Trustor hereby given to and confers upon Beneficiary the right, power and authority, during the continuance <br />Of those Trusts to collect the 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 />and profits as they become due and payable. C'Poin 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 posseseitin of said property, the collection of such rents, issues and profits and the application <br />Owred as afiwmaid, 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 indebtednelft "cured hereby or in the performance of any agreement contained herein, <br />all sums secured hereby shall immediately lic"we due and <br />Payable at the option of the Beneficiary. In such event and upon written request <br />k of Beneficiary. Trustee "ahall :ell the trust property, in accordance with the Nebraska Trust Deeds Act, at public auction to the highest <br />bidder. Any Person except Trust** may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: (1) to the expense <br />of the sale, including a reasonable Trustee`, fee; t2) to the obligation secured by this' Deed of Trust: 0 the surplus, if any, shall he distributed <br />to the persons entitled thereto. <br />6. Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall conve y to the purchaser the interest in <br />the property which Trustor had ar had the power to convey at the time of his execution of this Deed of Trust, and such as he may have <br />acquired the fter. Trustees shall recite the facts s -howsng that the sale was conducted in compliance with all the requirements <br />rea' deed <br />Of law and of ilus De"i of Trust, which trcital shall he prima tacit! evidence of such compliance and c-clusive evidence thereof in favor <br />of bona fide purchasers ant; encumbranverq tor value. <br />7. The power (,if sale conlerred by th, � <br />as a mortgage. s lierit o(Trust ss not an VXCIUSIVP I-VtTit-dY; Beneficiary rriav cause this Deed orrrust to be foreclosed <br />S. In the event tit the tieat)i. incapacity, didbility or resignation of 'rrustee, Beneficiary may appoint in writing a successor trustee, <br />and upon the recording of such appoirittlient in the inortgage records of the count% 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 t bliged to notify any party hereto of pending sale under <br />any other Deed of Trust or of ar�v action or i1ruicre.ding in Which Trubitor, Trustee .�r lieneficlary shall tw a party unless such <br />procreding is brought by the 1'rttstc* action or <br />9- This Deed of Trust applies- to jrzjjreg !43 the " *,Sefit ill, and ks bindtfig not (-*nlv ton the parties hereto, but on 'heir hers, devittees, <br />legatees, administrators, executors ucvessor� 1,siglis '1,he tern' Beneficiary shall Mean the holder ;1nd owner of the note secured <br />hereby, whether or not narned its Rvne .11- <br />(iary h•rei(l. <br />W Ke(IUC,*t for NOtACO tit Default or NOUCv (J Sale 11 iA requested that a copy of any Notice of I)rtauit or Notice of sale lie mailed to <br />each tx-mui wbfi o.4 namf.4,i in this Trust 1)eed ,rat the iaittlreSsof such perro.)n as set out atiove. <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 halu"Ce at any time without penalty and may be entitled <br />to receive a refund of unearned charges in accordance with law. <br />Sign"i thtz fja. ot 1 a: <br />I <br />sTATE ()F NEHRASKA <br />li TY <br />da N D <br />I before toe, tile undorsigrusti—i NotarY 11uhhu. rilliv <br />4t,1MM)%,N;*nt1,d Anti std Aiifit-d +,,I- 'ind res-lfjm�,! ;n lilld .ountv 1A.-rsonalliv -jime <br />l'ierson name iffixed to the foregoing, <br />;Oi4j mkliowledged -he s-!VTW tO 14- <br />seat ary art and deeti voi- <br />Witivii-fto rriv Fl at wid %ntar,aj Seal the j;j, n(f ivar 1�ist <br />ft**A WVA"-S"ft***1ft <br />My Commi'"-fon expires thf. rlr3y OPIA=EN X WU <br />moo 31, <br />Notary Flublic <br />14TATE OF <br />S,� <br />Countv <br />Knte"-d in Nurrwrwal Index and filed for, record it; ;tie atfj',(:e 41t the Kvgjjt,tr =11 l)eefj1q f,t did vitunty, the <br />day of <br />.(,Ifx:k and <br />minutes M irld <br />Mortgage* page <br />E�Mll <br />U <br />