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<br />#. As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance
<br />of these Trusts to trollett the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Truster
<br />in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such-rents; issues
<br />and profile as they became 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 be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured,
<br />enter upon .and take posaesaion of said property or any part thereof, in his own name sue for or otherwise collect such rents, issues and
<br />profits, including those peat-due and unpaid, and apply the same upon any indebtedness c .cured hereby, andin such-order as Beneficiarq
<br />may determine. The entering upon and taking poaseeaion of said property, the collection of each 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 />b. Upoa default by Truator in the payment of any indebtedness secured hereby or in the performance of any agreement contained herein,
<br />all srmts secured hereby shall immediatel7 become due and payable at the option of the Beneficiary. In such-event and upon written request
<br />of Beneficiary, Trustee shall sell the treat property, in accordance with the Nehraska Trust Deeds Act, at public-auction to thehig}iest
<br />bidder. Any person except Trustee may bid at Trustee's sale. Trustee shat) apply the proceeds of the sale as follows:-(U to the-expense
<br />of the sale; including a reasonable Trustee's fee; (2! to the obligation secured by this Deed of Trust; (3) the surplus, if any, shall be distributed
<br />to the persona entitled thereto.
<br />6- Tiusiee shall deliver to the purchaser at the sale its deed, without warranty, which shall wnvey to the purchaser the interest-in
<br />the property which Ttustor had or had the power to rnnvey at the time of his execution of this Deed of firust, and such as-he msy'have
<br />acquired thereafter. Trustee's deed shall recite the facia showing that the sale was conducted in cempliance with all the- requirements
<br />of taw and of this Deed of Trust, which recital shall 6e prima facie evidence of such wmplianee and conclusive evidence thereof in favor
<br />afbona fide purchasers and encumbrancets for value.
<br />7. The power of sale conferred by this Deed of Trust is- not an exclusive remedy; Beneficiary may cause this Deed of Trust to be foreeloaed-
<br />as amortgage.
<br />S. 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 ail powers of the origins( trustee. The trustee is not obliged m notify any party hereto of pending sale under
<br />any oilier Deed of Trust ar of any action or proceeding in which Trusmr, Trustee or Beneficiary shall be a party unless such action or
<br />proceeding is brought by the Trustee.
<br />9. This Deed of Trust applies ta. inures to the benetit of, and rs binding not only on the parties hereto, but on their heirs, devisees,
<br />legatees, administramre, executors, successors and assigns. The term Beneficiary shall mean the holder and owner of the note secured
<br />herehy, whether ar not named as Beneficiary herein.
<br />N©TICE TO CONSUMER: 1. Ib not sign ibis 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 be entitled
<br />to receive a refund of unearned charges in accordance with law. ca>Elutrerun_stn..tN.w.w
<br />Signed this 21 day oF7aIIUarV A.D. 19 n~ bhComm~NMraba~i,~t9N
<br />~~
<br />STATE OF NEBRASKA ~__
<br />~ ~.
<br />- COUNTY !
<br />On tills ~~ ~y of Jasu~ry A D 19 "z ,before me, the ttndersigtred, a Notary Public, duly
<br />cotnmisaioned and qualified far and residing in said county. persanatly came Rita A. Jacobsen a Siagl.e
<br />_ to me known [o be the identical person -whose name _ affixed to the foregoing
<br />instrument as Trustor _~-__ -p~_ antl acknowledged the same to be vol-
<br />untary act and deed.
<br />Witness my hand and Notarial Seal the day and year last above written.
<br />My Comtnissionlexpires the _ rt~ _ day
<br />` Notary Public
<br />
<br />STATE OF
<br />!
<br />! se.
<br />County !
<br />Entered in Numerical Index and filed for record in the office of the Register of Deeds of said county, the
<br />day of ~~__ 19 at o'clcek and
<br />minutes _ 3$., and duly recorded in Book of
<br />Mortgages page _ _ _-__ .~- --
<br />Register
<br />sal ~ cr ai
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