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<br />Ltpon,paymepi o€ all sutra secured by this Trust Deed,,Benefieiary shall. request Trustee, to reeonvey the Property and shall surrender
<br />this Trust Deed and alf'Nates evidencing indebtedness secured by thins Trust Deed to Trustee: Trustee shall reeonvey t}ie Property,
<br />without warranty to-the person or persons legally entitled thereto: 1f default be rdade in the payment of inst8lments on the loan whe^
<br />r due or in-the. faithful performance of any or either of the agreements made. in this Deed, then the_whale of he loan: shall became due
<br />and<payable, and-tbis Decd shalt remain itt force:with Truster or--his attorney proceeding to sell the Property in its ent leery or in parcels
<br />at the. oprion of'Truatee, aLpnlilic auction, to the :highest bidder and• tot cash. However, the power of sale -bcrein conferred upon
<br />Trustee shatf-itorbe ezereised`until Trustee ftles fur record, in the office of the Register of.Deeds of each county u, which the Propertt-
<br />is situated; a l!Intice:of Default, identifying the Truatee~ stating.the names of the Trustor;: giving the: hook and.page where this Deed is
<br />reeordad,-.eantaiuing a descripritin of the Property,.stating tltet a breach of as obligation for whieli the<Property was conveyed as
<br />securitg has occurred; and setting forth the nature of the breach and'o€Trustee.'s election to se6 or cause to he sold that Property to
<br />satisfy-the obligation. After the lapse of notiess than one month, Trustee shall give Notice of Sale; as provided by Nebraska law.
<br />- After Notice of Default and lapse of not less than one month, Trustee shall-give written notice of the time:and place of sale,'particularly
<br />-.describing the-Property to besotd by publication-of that Notice, aE least-five times once a-week foi frve~etihsecutive:weeks, thelast
<br />publication to be ai least 16 days but not more than 30 days prior to the ale, in a newspaper hayin_ g a general eirculaGon in each
<br />county in which the Property to be sold; is situated.-Upon sale; Trustee shalfexeuute-and defiver a deed of conveyance of the sold
<br />Property tadhe purchaser or purchasers of that Property any statement at recital of fact in that deed, in relation to-.the exercise of the
<br />power of sale and sale of the sold Property, including recitals concerning any mailing; personal deGvery_and publication:of-the Nutice
<br />- of Default and any mailing, publication and posting of a notice of sale, and the conduct of Sate, shall.:constitute prima-fat3e evidence of
<br />compliance with Nebraska statutes and conclusive evidence of such compliance in favor of bona fide purchasers and encumbraneers for
<br />value avd without notice. Tfte Trustee's Deed shall operate to convey to the purchaser, without right of iedomption, Trustee's. title and --
<br />all right,-tide; interest and claim of Trustor, his successors in interest and of atI persons claiming by,or through or under them,' in and to_, - -
<br />the sold Property including all such right, title, interest and claim in and to that sold Property acquired by Trustor or his successors in
<br />interest subsequent to the execution of Trustee. Trustee shall apply the proceeds of sale, First, to the eost and expenses-of exercising the-
<br />- power of sale, as well as the cost of sale, including payment of Trustee's fees actually incurred; second, m payment of the unpaid
<br />balance of the AMUai Amount of Loan plus interest, and the balance, if uny, to the person or persons legally entitled thereto.. - -
<br />.And Trustee covenants faithfully to perform the Trust herein created. - -
<br />BENEFICIARY, from time to dme, may substitute a successor or successors to aaY Trustee named herein ar actingheteunder'to - -
<br />ezecute powers created under this Trust Deed. Upon appointment and without conveyance to the successor Trustee, successor Trustee
<br />shall be vested with all tide, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such appointment
<br />_ -and substitution-shall ba made by .•ritten insaument and executed 6y Beneficiary, containing reference to this Trust Deed sad-its -
<br />- place of record, which, • oen reenr:ied in the office of the Register of Deeds of the county ar counties in which the Property is situated, -
<br />- shall be conclusive proof of prapcr appointment of the successor Trustee. The foregoing power- of substitution and the procedure - - -
<br />thereforeshall sot be exclusive of the power and procedure provided far by law for dte substitution of a Trustee or Trustees in the place
<br />aE the Trustee or Trustees named herein.
<br />The waiver by Trustee or Beneficiary of any default of Trustor under this Trust Deed shall not 6e or be deemed to he a waiver of any
<br />other or similar defaults subsequently occurring.
<br />This-Trust, Deed shall inure to and hind the heirs= legatees, devisees, administrators, executors, successors and assigns of--the parties
<br />hereto.
<br />- -The Trust :Deed shall be construed according to the laws of tfie Starr. at Nebraska.
<br />Trustor requests chat a copy of arty Notice of Default and of any notice of sale hereunder be mailed to Trustor by certified mail at the
<br />address, as fallttws:
<br />I/! S •'
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<br />Evitlentx of such marling shall constitute evidence of receipt of that Notice.
<br />Wherever the context so requires, singular words shall be construed in the plural and-vice versa, and the masculine gender shall 6e
<br />constnted to iadude the feminine and vine versa.
<br />- - 1N WITNESS W$EREOF, Trustor - signed this Deed.of Trust on the day and year first shove written.
<br />Witty - .~ Lr ~~~~~~-----
<br />Trusruri .~'
<br />Witness /`.~L.t„ z . L7~ ''' r d.E ,.'
<br />~, M. 3 rraseur ,
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<br />S"T'ATE OF NirBRASI;n ~ ~" ~f
<br />COUNTY QF ./-..rS-".y,.~-'r:.._...._:_::.:"_?-iw..~~F1'
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<br />Before ttx, a aroN Yu 1 qusl~'md by sat }, penonrRy came ,._r,~~.s.e.G.~ . , fT ~I~~t.r.......~ .... and
<br />~~~~ _""~;~ .,..-, kttoxn'-tts mete 6ethe idEntial person(s) who stgtted the.foregoing rostrum nt and arknuwled{ttd
<br />,the thereof w Ile htx, rte or their voittntery act and decd, Witness my hand and Notartsl Sfc~at an . f ..y 1.:.5~ ..................
<br />- ~ - - - - ,B PoWi¢W tLe 3tnrte at wahtaxk#.
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