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r L and encumbrancers of value and without notice. The "t'rustee's de.�Ki shall operate to convey io the purch umor, without right of redemption, the Trustee's title and all right, title, interest and claim of the Trustor and his succesors in interest. and of all persons claiming by or through or under them. in and to the property sold, including all such right, title, interest and claim in and to such property acquired by the Trustor or his successors in interest subsequent: to the execution of the Trustee. The Trustee shall apply the proem. is of the Truste'e's sale; first, to the cost and expenses of exercising the power of sale, and of the sale, including the payment of the Trustee's fees actually incurred not to exceed the amount which may be provided in the Trust Deed, second, to payment of the obligations secured by the Trust reed, and the balance, if any, to the person or persons legally entitled thereto. And the'rrustee covenants faithfully to perform the trust herein created. BENEFICIARY may from time to time substitute a successor or successors to any 'Trustee named herein or acting hereunder to execute this Trust Deed. Upon such appointment and without conveyance to the successor Trustee, the latter shall be vested with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such appointment and substitution shall be made by written instrument and executed by Beneficiary, containing reference to this Trust Deed and its place of record, which, when recorded in the office of the Register of Deeds of the county or counties in which said property is situated, shall be conclusive proof of proper appointment of the successor Trustee. The foregoing power of substitution and the procedure therefore shall not be exclusive of the power and procedure provided for by law for the substitution of a 'Trustee or Trustees in the place of the 'Trustee or Trustees trained herein. Unless prohibited, in the went the subject property is sold, agreed if) he Sold. comeved, assi>med or alienated I»• tilt- Trustor prior to the maturity of the: note Secured by this deed. the unpaid halancc of principal and interest shall become immediately due and payable at the option of the holder of said note. The waiver by the Trustee or Beneficiary of any default of Trustor under this I ru,t Deed shali not he or be deemed to be a waiver of any other or similar default: subsequently occurring. This Trust Deed shall inure to and hind the heirs, legatees, dc%isees, admiut,tratnrs, executors, successors and assigns of the parties hereto. The Trust Deed shall be construed according to the laws cif the State of Nehraska. 'The Trusty requests that a copy of any notice of default and oil any notice of -;de hereunder be mailed to him by certified mail at the address hereinbefore ,ct forth and evidence of such mailing shall consnrnne evidence of receipt of such notice. Trustor represents and warrants that the above described real estate is not used for :tit agricultural activity. Wherever the context so requires, singular words shall be construed in the plural end . ice sersa. and file masculine gender shall he construed to include the feminine and vice versa. iN WITNESS WHEREOF, the Trustor has hereunto set his hand the day and year first above written. T /y� /'✓ `3 I ktiS'lOR IRUSIOR STATE OF Nebraska f SS COUNTY OF Before me, a Notary Public, qualified by said c(wuruy, personally rune T)knieI 1, Idelch _ _ __. and knoµn to tnc to be the identical person(st µIli) signed the foregoing instrument and acknowledged the execution thereat to be his, her Of their voluntary act and deed. Witness my hand and Notarial Seal tin Sep,t.emher.__�. ly 85 My commission expires: - %4( Pl'Bl It Iseall _..._ era OO r y �