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<br />83-003627
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<br />4. As Eldditional security, Trustor bereby gives to and mnfe!'S upon Benefic'Rr>' tbe right, power and authority, during the continuance
<br />of these Trusts to coll,"Ct the rents, issues and profits of said property, reserving unto Trustor the nght, prior to any default by Trustor
<br />in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to co!lect and retain such rents, issues
<br />and profits as they b€<:ome due and payable, Upon any such default, Beneficiary may at any time without notice, eitber 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 possession of said property or any part. thereof, in his own name sue for or other-vise ('oiled such. rents, issues ann
<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 saJd 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 />
<br />&. Upon default by Trustor in the payment "I' any indebtedness secured hereby or in the performance of any agreement contained herein,
<br />all sums secured hereby shaH immediately beeome due and payable at. the option of the Beneficiary. In such event and upon writt<m request
<br />of Benel'iciary, Trustee shall sell the trust property. in accordance with the Nebl'aska Trust Deeds Act. at public auction to the highest
<br />bidder. Any personeJ(cept Trustee may hid at Trustee's salle. Trustee shall apply the proceeds 01' the sale as {"Hows: (l i to the expense
<br />of the sale, mcJuding a reasonable Trustee's fee; 12) to the obligation secured by this Deed of Trust.; 1 :"1 the surplus, if any, shall bed,stributed
<br />to the !,ersons entitled thereto.
<br />
<br />6. Trustee sha.1l deliver to the purthaset at the sale its deed, without warranty, whieh shall eom>ey to t.he purehaserthe interest in
<br />the property which Trustor had or had the power to eonvey at the time of his execution of this Deed of Trust; and stich as he may have
<br />acquired . thereafter, Trustee's deed sbaH recite the facts. showmg that the sale was ,,,mducted in compliance with all the. requirements
<br />of law and of this Dee:d ill' Trust, which reeil:.al shall be prima facie eVldenc~~ of sueh comphan,,(; and conclusive evidence> thereof in fa.vor
<br />of bona :fid'l purchasers nnd encumbrancer" for value
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<br />7. The power of sale conferred hy this lked of Tmst is not ,m e"dus1Ve rem",jy; ne!1ellciary may CHuse this Deed of Tl'ust to be foree1os",(I
<br />as a mortgage.
<br />
<br />8. In the event of the death, incapacity, disability or l'e"ign,Qtio!1 of Trustee, Beneticiary may appoint in wri.ting a successor trustee,
<br />and upon the recording 01' such appomtment in th" mortgage r"':fwds of the eounty m which this Deed of Trust is re(:orded, the successor
<br />trustee shall be vested with an POWNS of tlu, ocigma! t.rustee. Th,' t.rustee l~ not obliged to notify any party hereto of pending sale under
<br />any other Deed of Trust or of ,my action or proceeding in which Trustor, Trustf>e or Beneficiary shall be a P:ll'ty unless such action or
<br />proceeding is brought by the Trustee.
<br />
<br />9. This Deed of Trust applif!S to. i rn1rcs t.o the bene tit 01, and i::,
<br />legatees. administrators. executors. successors and assig"ns. The tenn
<br />hereby, whether or not named as genel1ciary hermn.
<br />
<br />
<br />fHl the parties bet'eta, but on their heirs. devisees:,
<br />mean the holder and owner of the note' secured
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<br />NOTICE TO CONSUMER: L 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 be entitled
<br />to receive a refund of unearned charges in accordance with law.
<br />
<br />Signed this
<br />
<br />day nf
<br />
<br />A.D.
<br />
<br />
<br />STATE OF NEBRASKA
<br />COUNTY
<br />
<br />j SS.
<br />
<br />On this
<br />
<br />day of
<br />for alld residing
<br />to me known to
<br />
<br />
<br />A.1)., t~j~,,"_...,.:: ~_. before rne, t.he undcrslgned. a N'otary .Public, duly
<br />111 saul cOUllty. pc>rsona lly came
<br />be the jdentical person whose name ;5"
<br />and acknowledged the same to be_.
<br />
<br />
<br />instrument as Trustor
<br />
<br />untary act and d(~ed.
<br />
<br />Witness my n.and and Notanal Seal
<br />
<br />My Commission expires the
<br />f /r?","'~ ( ,
<br />o -_...~,.~__.. .___""".ff/-J.J....~t,....,(...:.t.1.,.c
<br />
<br />i.nd j'e,u' last above
<br />
<br />STATE OJ:<'
<br />
<br />,S$.
<br />
<br />County
<br />Entered in Numerical Index and tiled for record in the o!Iic(' of the Register of Deeds of said county, the
<br />day of ' [9..", , at o'eJock and
<br />minutes lYL, f.md duly recorded in Book of
<br />Mortgages page
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