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<br />83-00140'7
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<br />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 ci:JUect the rents~ issues- and profits of .said- property, reserving unto Trustor the right, prior to any default by Trustor
<br />in payment of sny 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, Benefieiary may at nny time without notice, either in person, by
<br />agent, or by a rece,iver 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 possession of said property G,r any parl,-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 detennine. The entering upon and taking posses..<rion -of said property, the collection of such rents, issues and profits and the application
<br />thereof as aforesaid, shaU not cure or waive any default or noticE' of default hereunder or invalidate any act do~e pUlSUant to such notice.
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<br />6. 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 shan sell the trust properly, in accordance with the Nebraska Trust Deeds Act, at.public auction to the highest
<br />bidder, Any person except Trua<<te may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: (l) to the expense
<br />of the sale, including a reasonable Trustee's fee; ell to-the obligation secured by this Deed of Trust: t3l the surplus, if 8.ny~ shall be distributed
<br />to the persons entitled thereto.
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<br />6. Trustee shall deliver to the purchaser at the sale its deed.. Vrithout warranty, which shall convey to the purchaser the interest in
<br />the property which Trustor had or- had the powe-r t.o convey 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 TnLItt, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in .favor
<br />ofhona fide purchasers and encumbrancers for value.
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<br />7. The power of sale conferred by this Deed of Trust is not an exclusive remedy; BenefIciary IDa}T cause this Deed of Trust to be- foreclosad
<br />as a mortgage.
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<br />a. In the event of the death, incapacity, disability or re:ngnatlon of Trustee, Beneficiary may appoint in writing a successor trustee.
<br />and upon the recording of such appmntment in the mortgage records of the county in which this Deed of Trust is recorded, the suecessor
<br />trustee shall be vested with all powers uf the origmal trustee. The trustee is not obliged to notify any party hereto of pending sale under
<br />any other Deed of Trust or of any actIon or proeeedjng: m which Trustor. Trustee or Beneficiary shall be a party unless such action or
<br />proceeding is brought by the Trustee.
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<br />9. This Deed of Trust applies to, mures to the benefit of. .and IS binding not only on the parties hereto, but on their heirs, devisees,
<br />legatees, administrators, {l.xecutors. SUcce550rs and assigns. The term Beneficiary shaH mean the holder and owner of the note secured
<br />hereby, whether or not named as Beneficiary ht"rein.
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<br />NOTICE TO CONSUMER: 1. .00 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 be entitled
<br />to receive a refund of unearned charges in accordance with law,
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<br />Signed this
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<br />2:1t
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<br />davoL ':"TS-,,~._, A.D, 19~_.
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<br />[&,.<M-IA.
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<br />STATE OF NEBRASKA
<br />'1all COUNTY
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<br />On this 24- day of '-::~~~____.. A.D.. 19~", before me. the undersigned~ a Notary Public. duly
<br />L'Omrnission-ed and qualified for and reSiding In said county. personally came ~;[iY!1e D. 3ur8on ;~c~ Bever1v 1...
<br />-Burson, husband. ,~ \"-li:fe to me known to he the identical person $_ whose name ~ affixed to the foregoing
<br />instrument as Trustor s '_.__""_.._"_,____~___ a.nd acknowledged the same to be __._.._~~ :-:.e-i,r vol-
<br />untary act and deed,
<br />Witness my hand and Notarial Seal \.,he day and year last sbove written.
<br />My Commission e":l;'i,:"" the ~----~_.~'c. day
<br />of.~___.__".__'":'_~:!,~g.:~____~__~. , 19_- '7 ~...
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<br />.4.7
<br />c: ,,"lu~ ft.-/ .' ,~4[~;
<br />Notary Public
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<br />-1ItAI\'-~11lO oI.....
<br />IHERtlI Y. WATSClN
<br />__............ 1,1117
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<br />.._--.__.__w'~~__~___.__>_~_~'~..__.__,~___________.___.___________~_______~_
<br />----~-_.._--_._...-_._--_._-~_.__.....- -,.~... - ...-_., ---~._~~-_._---. ._-----,-~_._---
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<br />STATE OF ,______._,_____.________.____, I
<br />1 ::'is.
<br />~_________ County ,
<br />Entered in Numerical Index and filed for record in the oflice of the Regtster of Deeds of said county, the ____.
<br />day of _~,__,___~,____...._, 19__, at ___ o'clock and _~__~_.
<br />minutes _,.~_____.~_.,___ M,. and duly recorded in Book _,.____:______~ of ~___
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<br />Mortgages page ______,__ ._______._,_____ .__..,._..... ____._..___.__....___...__..____._._~_,_,___.____....____-_._-_
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<br />Register of Deeds
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<br />991 E82 tNE}
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