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to convey 10 and encumbranc en of he Trustee title ocoa all righthtitleU me interest an claim Of the'Trustcr and hts,supcessor s in into rest. right of redetr so and of all persorts'$claiming by or through o>acquired bvnthe the his property ccessorrs in interest subsequent ttotthe interest and claim in and to . ; h property execution of the Trustee. The Trustee shall apply the proceeds of the T'rustee's sale, first, to the cost and expenses of exercising the power of ,ale, and of the sale,. including the payment of the Trustee's fees actually incurred not to exceed the amount which inay be, provided in the Trust Deed, second, to payment of the obligations sec eed ured by the Trust D, and the balance, if any, to the person or persons legally entitled thereto. And the Trustee 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 hereudertoexecutethisTrustDeeand d appointment and -x;tho ut any 'Trustee here conveyance to hereunder. Each such be vested with all title, powers, shall he made by written instrument and executed by Beneficiary, containing reference to this appointment and substitution when recorded in the o record, which, hffice of the Register of Deeds of the county or counties in Trust Deed and its place ti ointm which said property is situated, shall he conclusive proof of proper appent of the successor Trustee. The foregoing power ower and procedure provided for by law for the of substitution and the procedure therefore shall not he exclusive of the p substitution of a Trustee or Trustees in the place of the Trustee or Trustees named herein. Unless prohibited, in the event the subject property' is sold, agreed to be sold. conveyed. assigned or alienated by the "I'rustor prior to the maturity of the moue secured by this deed. the unpaid balance of principal and "Xeres' shall become immediately due-and payable at the option of tilt. holder of said note. under thi. 1 ru,t Decd shall rot be The waiver by the Trustee or Beneficiary of any default of -I rustor Or he deemed to be a waiver of any other or similar defaults subsequently occurring. This Trust Deed shall inure to and bind the heirs, legatees, de%isees, administrators, executors, successors and assigns of the parties hereto. The Trust Deed shall he construed according to the laws of the State of Nebraska, �eheraddress requests here'nbefore set }for h and evidence of such and trailingrshallrconstitutte evidence of receipt pto ft such notice. mail at Trustor represents and warrants that the above described real estate is not used for an agricultural activity. Wherever the context so requires, singular words shall he construed in the plural and %ice versa, and the 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 }ear first above wntten. r / fRUSTOR 7 RUSTOR -- - -- STATE OF — Hebse__._. 1 SS COUNTY and Before me, a Notary public, qualified by said count}, personalh 13icha_rd_H_Jenaen . #�ort�td .R Jensen__--- .._ - - -- known to me to br the identical person(s) who signed the foregoing instrument and acknowledged the execution thereof to he his, tier or their si+luntary act and aced. witness my hand ad Notarial Seal on October 21, 1985 my commission expires: Q L (seal) 19 r n No-I ARY PUBLIC 1C 119 R.b l.._p l o t�J B h\ l