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F <br />85- -oosl') <br />a. As additional security, Trustor hereby Fives to and confers upon Beneficiary the right, power and authority, during the continuance <br />of these Trusts to collect the rents, issues and profits of said property, reserving 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 a receiver to he appointed by a court, and without regard to the adequacy of any security for the indebtedness herehv 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 of,any agreement contained herein, <br />all sums secured hereby shall immediately become due and payable at the option of the Beneficiary. in 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. Am• person except Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: 1i to the expense <br />of the sale, including a reasonable Trustee's fee; 12) to the obligation secured by this Deed of Trusts +31 the surplus, if any, shall be distributed <br />to the persons entitled thereto <br />o. 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 convey at the time of his execution of this Deed of Trust, and such as he may have <br />acquired thereafter. Trustee'., deed shall recite the facts showing that the sale was conducted in compliance with all the requirements <br />of law and of this heed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor <br />of bona fide purchasers and encurghrancers for value. <br />The power of sale conferred by this heed of Trust is not an erclumvc remedy. Benefician may eause this Deed of Trust to he foreclosed <br />as a mortgage. <br />8 In the event of the death. incapacity, disability or resignation of Tiu -tee. Beneftcian 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 notify tins pare hereto of pending *ale under <br />anv other Deed of Trust or of any action or proceeding in which Trustor. Trustee nr lteneficiar% hall tie a party unless such action or <br />proceeding is brought by the• Tnistee <br />9. This Deed of Trust applies to. inures to the lnmefit of, and is binding not onh un the partii•s hereto, but on their heirs. devisees. <br />legatees, administratuire, executors, successors and assigns The term Renefician shall mean the holder and owner of the note secures) <br />hereby, whether or not nanied as Beneficciry herein <br />IU_ Request for Notice of Default or Notice of Sale It is requested that it copy of any Notice of 1)eiault nr Notice of Sale t.e mailed to <br />each person who is named in this Trust Deed at the mailing mldre.;s 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 />Signed this day of tefi. er A, 1) 19 <br />i <br />STATE OF NF.1i1tASE::1 <br />of = C <br />a _ <br />ss � . 'o VNTY <br />On this '�' dal,, of ' per :: er A.D , 19 - � before nic. the undersigned. a Notary Public. duly <br />commissioned and qualified for ,uid residing ut said aiunty. personally ranie 0" 4'_ -+ <br />s3__51ngle - per—san to nu• kronen to ice the identical person whose name is affixed to the ioregoing <br />instrument as Trustor and acknowledged the same to he Vol- <br />untary act and dtwd <br />OTARY � fuN � MAnA� <br />Witness env hand find Notarial Se it the &ia ,ind year List ibo w'IR ■ ERRI Y. WA7S0'i <br />My (`ommissiun expires tilt J day My Comm Gyp febr S. i; 7 <br />-_-`- <br />Nnt;e ry -f'uhl ie <br />STATE, OF , <br />Ss <br />County <br />Entered in Numerical Index .ind filed flit record in the oilier of the Register of [)ee•ds o' iiid vnunty. tilt' <br />day of i9 . it —Iock and <br />minutes M . and dull, recorded ,n Bonk cif <br />Slnrtgages page <br />ltegisU•r of Deeds <br />Brett Ysz 5F: <br />l� <br />