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4. As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance
<br />of these Trusts to collect the rents, issuer and profits of said property, resenvng 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. Upon any such default, Beneficiary may at any time without notice, either in person, by
<br />agent, or by at receiver to he 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 possession of said property, the collection of such rents, issues and profits and the application
<br />thereof as aforesaid, 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 indebtedness secured hereby or in the performance ofeny agreement contained herein,
<br />all sums secured herebv shall immediately become due and payable at the option of the Beneficiary. ]n such event and upon written request
<br />of Beneficiary, Trustee shall sell the trust property, in accordance with the Nebraska Trust Deeds Act, at public auction to the highest
<br />bidder. Any person except Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: of to the expense
<br />of the sale, including a reasonable Trustee's fee; t2 to the obligation secured by this Deed of Trust: i3i the surplus, if any, shall be distributed
<br />to the persons entitled thereto
<br />6. Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall convey to the purchaser the interest in
<br />the property which Trustor had or had the power to coin,—; at the time of his execution of this Deed of Trust, and such as he may have
<br />acquired thereafter. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the requirements
<br />of law and of this Deed of Trust, which recital shall he prima facie evidence of such compliance and conclusive evidence thereof in favor
<br />of bona fide purchasers and encurnbrancers for value.
<br />7. The power of sale conferred M this Deed. of Trust is not an exclusive remedy, Beneficiary may cause this heed of Trust to be foreclosed
<br />as a mortgage.
<br />8. In the event of the death, incapacity, disability or resignation of Trustee, Beneficiary may appoint in writing a successor trustee,
<br />and upon the recording of such appointment in the mortgage records of the county 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 not obliged to notity any party hereto of pending sale under
<br />any other Deed of Trust or of any action or proceeding in which Trustor. Trustee w Beneficiary shall be a party unless such action or
<br />proceeding is brought by the Trustee.
<br />9. This Deed of Trust applies to, inures to the benefit of', and is binding not .oily on the parties hereto but an their heirs. devisees,
<br />legatees, administrators. executors. successors and assigns The term Ileneficiar. =hall mean the holder and owner of the note secured
<br />herebv. whether or not named as Beneficiary herein.
<br />10. Request for Notice of Default or Notice of Sale. It is requested that a copy of any Notice of Default or Notice of Sale her mailed to
<br />each person who is named in this Trust heed at the mailing address of such person as set out above
<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 balance at any time without penalty and may he entitled
<br />to receive a refund of unearned charges in accordance with law.
<br />ece!`,ner ^`
<br />Signed this `y- _ .day of - . A D 19
<br />STATE OF NF.I;RA�,KA
<br />On this ]4 day of :)seep: er A.D . 19 ? ia•tore nn•, the undersigned. a Votary Public. duly
<br />. i - ...'%iJr' - -i i. .. ""itii <;tRG•' 'BPXi i.. •: f:1. t. ".'it
<br />commissioned and qualified for and residing m sxn. county, persc.n:ally came .,
<br />ht.IS] ?i <'Si klard_ 1?A e ;n inc known to he the identical person 6 whose name 5 a}iixed to the foregoing
<br />instrument as 'rrtstor .v
<br />:nd r-mime i::.r Ithelr vol-
<br />untary act and deed. ifllfdllA►YORPJ Y WATSON
<br />ba>tka �
<br />�H�w Y. wrirSON
<br />Witness my hand and Notarial Real the day and year la _ a�, 4tw. Exp. Febr. B. 158
<br />t; <t _�_
<br />My Commission exparey the duy �.
<br />of
<br />Notar'% Public
<br />C
<br />STATE, OF
<br />Count}'
<br />Entered in Numerical Index and filed fit n•curd .n ells ��tlice nl Ile• Regislr•r of Deeds of ,aid county, the
<br />day of 19 at ollock and
<br />minutes V . and duly recorded m Book of
<br />Mortgages page
<br /><.nn F.!+2 %,t
<br />Reg!ste•r if Deeds
<br />U
<br />X
<br />R
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