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id) Beneficiary may elect to cause the Trust Property or any part thereof to be sold under the power of sale, and in such event.
<br />Beneficiary or Trustee shall give such notice of default and notice of sale as may be then required by law. Thereafter, upon the
<br />expiration of such time and the giwng of such notice of sate as may then be required by law. Trustee, at the time and place specified
<br />by the notice of sate, shall sell such Trust Property, or any part thereof specified by Beneficiary. at public auction to the highest
<br />bidder for cash in lawful money of the United States of America. Upon receipt of payment of the pace bid. Trustee shall apply the
<br />proceeds in the toNowing order: If) to the cost and expenses of exercising the power of sale and of the sate. including but not limited
<br />to, trustee's fees or not more than S500.00 plus one-half of one percent of the gross sale price, and reasonable attorney fees. (if) to
<br />r the Indebtedness, and (iii) the excess, if any. to the person or persons legally entitled thereto.
<br />IAll costs and expenses incurred by Beneficiary in enforcing any right under this Deed of Trust including without limitation, abstract or title
<br />fees. appraisal fees. premiums for title insurance, attorney fees and court costs, shall be and constitute indebtedness secured hereby.
<br />27. Duties of Trustee. Trustor agees that:
<br />fa) Duties and obligations of Trustee shall be determined solely by the express provisions of this Deed of Trust and Trustee shall not be
<br />liable except for the performance of such duties and obligations as are specifically set forth herein, and no implied covenants or
<br />obligations shall be imposed upon Trustee.
<br />(b) No provision of this Deed of Trust shall require Trustee to expend or risk its own funds. or otherwise incur any financial obligation in
<br />the performance of any of its duties hereunder, or in the exercise of any of its rights or powers.
<br />(c) Trustee may consult with counsel of its own choosing and the advise of such counsel shall be fuif and complete authorization and
<br />protection in the respect of any action taken or suffered by it hereunder in good faith and reliance thereon, and
<br />(d) Trustee shall not be liable for any action taken by din good faith and reasonably beheved by it to be authorized or within its
<br />discretion or rights or powers conferred upon it by this Deed of Trust
<br />28 Secunty Agreement and Fi3^,ure Filing. This Deed of Trust shalt constitute a security agreement and fixture filing under the provisions of
<br />the Nebraska Uniform Commercial Code with respect to those fixtures described in the preambles hereof as constituting a pan of the
<br />Trust Property. together with all other property of Trustor, either similar or dissimilar to the same, now or hereafter located at or on the
<br />Trust Property _
<br />29. Future Advances. Upon request of Trustor. Beneficiary. at Beneficiary's option, onor to furl;econveyance of the Trust Properry by
<br />Trustee to Trustor. may make OWure advances to Trustor Such future advances, with interest thereon, shall be secured by this Deed of
<br />Trust. At no time shall the principal amount of the indebtedness secured by this Deed of ,Trust. not including sums advanced to protect
<br />the secunry, exceed the total sum of S Advances of disbursements made by Beneficiary to protect the security,
<br />under the terms hereof, while discretionary, shall not be deemed to be optional advances
<br />30. Reconveyance. Upon pavment of air Indebtedness secured by this Deed of Trust. Beneficiary shat! re ques! ,Trustee to reconvey the
<br />Trust Property and shall surrender this Deed of Trust and ali notes evidencing Indebtedness secured by this Deed of Trust to Trustee
<br />Trustee shall reconvey the Trust Property without warranty and without charge to the person or persons legally entitled thereto. Such
<br />person or persons .snail pay all costs of recordation. d any
<br />37. Substitute Trustee. Beneficiary. ai its option. may from lime to twie remove Trustee and appoint e Successor Trustee to any Trustee
<br />appointed hereunder by an instrument recorded in the county in which this Deed of Trust is recorded Without conveyance of the Trust
<br />Property, the Successor Trustee shall succeed to all title, power and duties conferred upon Trustee herein and by applicable law.
<br />32 Miscellaneous Rights of Beneficiary Beneficiary may at any time and from time to time. mtnour notice, consent to the making of any
<br />plat of the Trust Property or the creation of any easement thereon or anv Covenants restricfinC use or occupancy thereof or agree to
<br />alter or amend .*he terms of this Deed of Trust Any personal properly remaining upon the Trust Properly after the Trust Property has
<br />been possessed or occupied by Beneficiary, its agent or any purchaser following Trustee s sa!e, fereciosure. or under any deed in lieu
<br />of Trustees sale or foreclosure. sriall be conc!uswely presumed ro have been abandor:ec Cy Trustw
<br />33 Notice m Trustor Trustor hereby requests that a copy of any notice of default and notice of sale made or executed by trustee pursuant
<br />to the provisions hereof be sent !c Truster at ,ts rna ;img address set foilh 1;ereinabove
<br />iN WITNESS WHEREOF, this Deed of Trust has Deer, duly execured the day and yearSove write
<br />_`'f" - George.,a• Prs�n
<br />STATE OF NEBRASKA uon a R, Ao to rS On
<br />ss
<br />CGJNTYOF - - -hat 3_ _
<br />on finis —30 day of -- u: -Loner __ r9 ,� bemire me a rirrary puwic r i ' ft:' to c qy p r,oraifv e m,Q
<br />_ ? arcon , ___ and Lorna 3_ Peterson 11US Sod 8n '-i_fe _
<br />of _l,da, !debraska mown to me fc: be the identical persons who
<br />signed the foregoing Deed of Trust aria ickrnowiedged the execution fneiect u; be geed, and the voluntary act and
<br />deed or said corporation
<br />WITNESS my hand and notary sea tits the day and year last above wr.!hsi
<br />,SEAL; T
<br />Zir
<br />STATE OF NEBRASKA
<br />COUNTY OF
<br />OF, tn,s _ _ d9y n! 19 before rne, ,notary uDL(` :•', iri j for solo r.0unty i_�erszma ly Game
<br />r'- end vnr wr ao the to he the - fenlrc,p who
<br />signed the foregoing rleed of TIUSt ar!!j %1L:NI16WledCfed the exec ut,on f1lere0f to t./ a , uV rii. j ;ir; an(1 r!tietl
<br />"C WITNE 5S .m hand the
<br />�� y d ,} anti nriranal ;eal un t yes Lay anti year last above wrihen
<br />,SEAL,
<br />42
<br />41
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