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(d) Beneficiary may elect to cause the Trust Property or an), part thereof to be sold under the power of sale, and ut 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 giving of such nonce of sale as may then be required by law, Trustee, at the time and place specified <br />by the notice of sale, 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 price bid, Trustee shall apply the <br />proceeds in the following order: (f) to the cost and expenses of exercising the power of sale and of the sale. Including but not limited <br />to, trustee's fees or not more than $500.00 plus one -half of one percent of the gross sale price, and reasonable attorney fees, (it) to <br />the Indebtedness, and (iii) the excess, it any, to the person or persons legally entitled thereto. <br />All 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 />(a) 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 specnccally 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 coui;sel of its own choosing and the adwse of such counsel shall be full and complete authorization and <br />protection in the respect of any action taken or suffered by rt nereunder in good faith and reliance thereon, and <br />(d) Trustee shall not be liable for any action taken by it in good faith and reasonably believed by it to be authorized or within its <br />discretion or rights of powers conferred upon it by this Deed of Trust. <br />28. Security Agreement and Fixture Filing. This Deed of Trust shall 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 Dart of the <br />Trust Property, together with all other property of Trustor, either similar or dissimilar to the same, now or hereafter localed at or on the <br />Trust Property. <br />29. Future Advances. Upon request of Trustor, Beneficiary at Beneficiary's option poor to full reconveyance of the Trust Property by <br />Trustee to Trustor, may make (future 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 security, exceed the total sum of 5 i45.rO0O.�Q�_ , Advances of disbursements made b Beneficia <br />under the terms hereof, while discretionary, shall not be deemed to be optional advances, y y To protect the security, <br />30. Reconveyance. Upon payment of all Indebtedness secured by this Deed of Trust. Beneficiary shall request Trustee to reconvey rile <br />Trust Property and shall surrender this Deed of Trust and alt notes evidencing indebtedness secured by this Deed of Trust To Trusted <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 shall pay all costs of recordation, of any <br />3, Substitute Trustee. Beneficiary, at its option, may from time to time remove Trustee and appoint a Successor Trustee to any Trustee <br />appointed hereunder by an instrument recorded in the county in which this Deed of Trust is recorded. W1thOul conveyance of fhe Trust <br />Property, the Successor Trustee shall succeed to all title. power and duties conferred upon 7rustee herein and by applicable taw. <br />32 Miscellaneous Rights of Beneficiary Beneficiary may at any time and from time to time. without notice, consent To the making of any <br />Plat of the Trust Property or the creation of any easement thereon or any covenants restricting use or occupancy thereof or agree to <br />alter or amend the terms of this Deed of Trust. Any personal property remaining upon the Trust Property after the Trust Property has <br />been possessed or occupied by Beneficiary. its agent or any purchaser following Trustee "s safe. foreclosure. or under any deed in lieu <br />Of Trustee's sale or foreclosure, shall be conclusively presumed to have been abandoned by Trustor. <br />33. Notice to 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 to Trust(,., at its mailing address se((forth here,nabove <br />IN WITNESS WHEREOF, this Deed of Trust has been duly execptec�ttye da <br />\ hand ear hrsr a lwe w,;rreo <br />Gro . Morton, PresidE+tlt <br />STATE OF NEBRASKA <br />iSS <br />COUNTY OF _ BALI,__ <br />On this _7th day o/ December 1985 .beforeme.anorar <br />- — Y public i ano t; r count <br />and v nersonel,y ame <br />Of ___yam_ Tpgl Company, , — Nnown to me to be the identical persons woo <br />signed the foregoing Deed of Trust and acknowledged the executroh fherppl ro be ;lieu voiun4ary act, anti deed and the vo+un;ary act and <br />deed of said corporation. <br />WITNESS my hand and notarial seal on this the day and year last atDOV(, women <br />fSE <br />IfMEl41l NOtR11Y • Sron of Nehasb <br />DEBRA H. DAVIS <br />✓iii.= MY Com Exp. May 13. i568� <br />STATE OF NEBRASKA <br />/5S. <br />COUNTYOF _- _- -- -_ -- -. <br />Map 13, 19 8t <br />On this __ __ day of lit bvfnre me, a notar uibbc ,n and for salti count ieiseneu came <br />y` and . ..__._ __.. - . - Y !' v- 1- Y <br />a' signed the lorogomy Devil of Trust and acknowfedge(i the execution thereof io he rh(iir voNinlaiy4 »own ;n me to be the id <br />i <br />W ESS my barid and nottirt/1 seal ryi this the day and year last above wnnn e <br />s',L J <br />(SEAZj 4 °� <br />00 <br />F <br />. - - (n(rca l�erSGny. ndro <br />act And tined <br />t' <br />� Fivi I <br />' <br />101 <br />t!l <br />