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F- <br />or insolvency (: ry of the Borrower of the value of the Property, shall be entitled :o tike Possession of t. err, rent and manage the P :cpercy and to collect : ^r <br />(: rents, revenues and income therefrom and is may pay our of said income ati expenses of repau and costs incurred in renting and mere g the Prbpem <br />and collecting rentals and for payment of inter. -ante premiums with my remaining balance to be applied st the last d in Tint payments o ' <br />hereby. Upon presenting a copy of this Trust Deed and demand to any lessee, tenant or convict purchaser s the Property, ' uie debt secured <br />rents, payments and profits accrued or [hereafter accruing to the Lender and further nonce from the Lender, <br />l P try, such person shall pay All <br />13. If all t any put of the Property or any interest therein is deeded, sold by land contract or otherwise conveyed, alienated or further encum- <br />€ tiered either voluntarily or involun[art7y if Lender's prior written consent, or if the Trustor is a corporation and there is a change in ownershif of <br />excluding or more of rile Corpby operas on a if the Truster is a partnership and [here is a change n the membership or a dissolution of the °umersnn <br />excluding (a) a vansfer by operation of law upon the death of a met [eaatt or b �1p <br />r chase with a lease sums se two years or Trust or (c) the creation ojoin purchase money (he granri t interest v lhousehold erest nou appliances, then containing on Coat its <br />option, declare all sums seemed by this Trust Deed co be immediately due and payale, in the event the Lender consents ro any such than <br />�?1 ship, control diaadutior transfer of all or any part of the Pro a change in owner- <br />transfer that is charged on new soured loans of the type secured by this Trust Deed at the time option <br />f the change in oewnership,[ control, dissolution o- <br />interesr and may charge a transfer fee. P ing rats off" <br />14. Upon Borrower's breach of any covenant or agreement of Borrower in this Trust Deed, including the covenants to pay when due any sums <br />secured by this Trust Deed, Lender at its option may declare all of the sums secured by this Trust Deed to be immediately due and payable without <br />0 further demand and may invoke the power of sale and /or any other remedies permitted by applicable law including <br />.V in the manner provided by law for the foreclosure of mortgages on real estate. Lender shall be entitled to collect all r <br />red in pursuing such remedies inclu d neyi the right le costs d chic Trust Deed <br />clang, but not limiud to, an to 'the extent easonable costs and ezpensa incur' <br />If the power of sale is invoked, Trustee shall record a notice of default by w. reasonable attorney fees. <br />Provide notice thereof in the manner prescribed by applicable law. After the lapis to such time as may be required b applicable Public notice of sale to the persons and in the manner prescribed b a t ry m which ter Property or some part thereof is located and <br />LC7 rower, shall sell the Pro Y q Y see. law, Trustee shall give <br />perry err public auction to the hi r pthe time 4w. Trustee or the attorney for the Trusue, without demand on Bor- <br />OO more Parcels and in such order u Trustee best bidder y the tune and ]ace and under the terms designated in the notice of sale in one or <br />time and place of any previously scheduled sale. Lender or Lender's designee sale of all °r anv parcel of the Property by public announcement at the <br />Upon meter �Ti Y Purchase the property at any sale, <br />The recitals in the Trustee's Deed shall be prima facietmciencell of clheetruth Oi the csut statements mtade therein without <br />tic hjj apply r?.r <br />8.e oo ($ rag order: a/ I all reasonabit costs and expenses of the sale, including, but not limited to, Trustee's fees of not ntorerymg the ProFertv sold. <br />No /100 (600.00) plus 1/2 of 1% of the amount secured hereby and remaining unpaid, and costs of title evidence; b) to all sunset secured by this Tr sa ndred <br />Deed; and c) the excess, if any, to the person or persons legally entitled thereto. <br />of or 15. Any forebearance by Lender in rsercfsing any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a wver <br />preclude the exercise of any such right or remedy in the event of continuing or future breaches by the Borrower. <br />16. All remedies provided in this Trust Deed are distinct and cumulative to any other right or remedy under this Trust Deed or afforded by taw or <br />equity, and may be exercised concurrently, independently or successively. If Borrower her en Lender a chattel wort age <br />personal property cl additional security for the debt secured hereby, in the event °f defaul®hereunder or thereunder, Lender shall have the <br />option to first foreclose a said Personal ro Berge, or all ha' eemen: on <br />same time or to pursue the personal Property P P�f' "��O °[ prejudice co its rri t to thereafter sell or foreclose the Property or to pursue all security tt e <br />P PertY after the sale or foreclosure of the Property, <br />17. Upon payment of all sums secured by this Trust or <br />Deed, Lender shall request Trustee to :[•convey the Property and shall surrender this Trust <br />Deed and all notes evidencing indebtedness secured by this Trust Deed to Trustee <br />persons legally entitled thereto. Such p . Trustee shatl recom•cy the Property without warranty to the Person erson or persons shall pay all costs of recordation, if acv. <br />18. Lender, at Lender's option, may from rime to time remove Trustee and appoint a successor trustee to anv Trustee a <br />instrument recorded in the County in vi ixh this Trust Deed is recorded, Without convevance of the Property, the successor trustee shall succeed to al <br />title, power and duties conferred upon the Trustee herein and by applicable law. appointed hereunder by an <br />19. Except for any notices, demands, requests or other communications required under applicable law to be given in another ^banner, whenevc <br />Lender, Borrower or Trustee gives or ser••es an nonce (including, without limiranon, nonce of default and notice of sale), demands, requests of other <br />cornmuriudon with respect to [her Trust Deed, each such notice, demand, request or other communication shall be in writing and shall be effective odv <br />tf the same is delivered by personal semce or marred by certi5ed mail, postage prepaid, return receipt req�a�ed, addressed to the address as act torah at <br />the begittniag of this Truss Deed. A copy oars' nonce oCdefault, any nonce of sale, required or permitted to be given hereunder, slid be s mailed o h <br />dPeertisv� who is a tarty hereto at the address set forth at the beginning of this Truss Deed. <br />Any party may at any bete change its address for such erotica eabce <br />Bring or mailing so the ocher parties hereto, as aforesaid, a nonce of such change. Any notice hereunder shall be deemed to have been given s Bor- <br />rower Lender, when given in the manry designated herein. <br />20. The covenants and agteeme� s herein contained shat] bind, and the tights hereunder shall inure to the respective heirs, represenunves, suc- <br />casots and assigns of the pones. All covenants and agreements of the Borrower shall be joint and several. W'henevef reference is made se the <br />hereunder, it shall include the plural and the plural shall include the singular. <br />sac gua <br />IN WSTNESS WHEREOF, Borrower has executed this Trust Deed. <br />___ <br />Boer osez -- — - - - - <br />Taxpaver LD. -- - -- <br />No. or Social Security No. / <br />$ortower --- <br />L <br />STATE OF NEBRASKA <br />STATE OF <br />County of <br />Th. r...___.__ <br />ACKNOWLEDGEMENTS <br />nent was acknowledged before me this <br />foregoing instrument cats acknowledged before me this Notary Public <br />------ - - - - -- -daY of ----------------- <br />--------------- <br />STATE OF NEBRASKA The foregoing instrument was Acknowledged before me this Notary Public <br />County of Lancaster day of <br />___------------- <br />--------------- - - - - -- 19 _• by <br />----- <br />of --- - -- - -- - <br />------------- - - - - -- -- - - -- _ <br />- `---- ------ - - - - -- --, a corporation, on behalf of said corporation. <br />STATE OF NEBRASKA <br />The foregoing instrument was acknowledged before me his -- - - - - -- - -_ Notary Public <br />County of Lancaster day of <br />- -- - - - - -- - - - - -- -- - - -- - - -- - -- <br />b _ <br />- --- a partner, o° behalf of <br />--- - -_- °---- ---- -. a partnership. <br />STATE OF - -- - <br />- -- - --- -- <br />County of --__ Notary il bhc <br />Entered on numerical index and filed for record in tilt Register of Sheds Office of said <br />County the - - -__ -_ day of <br />at o'clock and . - -._ -.' minutes -_. _.M . <br />and recorded m Book - -�� -- <br />at page <br />R 11 egistcr of Deeds <br />By <br />Kev ;l6 }I <br />