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<br />83- 003669
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<br />4. As additional sleCUrity, Trustorbereby gives to and confel1! upon Beneficiary the right, power and authority. during the continuance
<br />afthese _1'ruslls~' ,,~~~ the'rentBr iBsues and profits of said property, reserving unto 'f=stor the right, prior to any default by Trustor
<br />in payment of aliy.iridebtedness secured hereby or in performance of any agreement hereunder. to collect and retain such rents, issues
<br />and profits as thl!}" become due and payable. Upon any such default, Beneficiary may at any time without notice, either in person. by
<br />agent~ or bya l'e<leiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured,
<br />enter upon and tilkeposaession 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 detsrmine. The' entering upon and taking. possession of said property, the collection of such rents, issues and profits and the application
<br />thel'eOf as aforeaaiid; shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant ro such notice.
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<br />5.Upondefault.by Trustor in the payment of any indebtedneB8'securedhereby or in the performance of any agreement contained herem,
<br />aU sums securedhereQY shall immediately beeomedue and payable at the option oUhe Beneficiary. In such event and upon written request
<br />of Beneficiary, 'I'tusteesha.ll sell the trust property, in accordance with the Nebraska Trost Deeds Act, at public auction to the highest
<br />bidd~r. ~yperson except Trust(!e may bid at Trustee's sale. Trustse shall apply the proeeedsof thesale as follows: (I) to the expense
<br />ofthi!sale; including a reasonable Trustee's fee; (2) ro the obligation secured by this Deed of Trust; (3Jthe surplus, if any, shall be distributed
<br />to the persons entitled thereto.
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<br />6.. Trusteeshalh deliver to . the. purchaser. at the _ sale its deed,. without warranty, which shall convey to thepurcbaser.. the interest in
<br />the p~perty. which Trustor had or had the powerro convey at the time pf his tlxecution of this Deed pf Trust, and such as hemayha.ve
<br />acql1iredthereafter; Trustee's. deed shan. recite the - facts showing that the . sale was conducted in compliance. with all the. requirements
<br />oflaw and Ciftl;i1s Deed <>fTrust; which recital shall be prima facie evidence of such compliance and cpnclusiveevidence thereoLinfavor
<br />of -bona. fidepW'ChaserslUl.d encumbranCers for value.
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<br />7. Thepowerpfs!i1econferred by this D<*!d of Trust is not an exclusive remedy; Beneficiary may cause this Deed of Trust to be foreclosed
<br />asamort;gage. . .
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<br />8. In the event of the death, incapacity, disability _ or resignation of Trustee, Beneficiary may appoint in writing a successor trustee.,
<br />lUld..upon. the recording of such appointment in the mortgage records of the county in which this Deed of TrusUsreC1.lrded, the successor
<br />trustee shall be vested with all powers of the original trustee. The trustee is not obliged ro notify any party hereto of pending sale under
<br />any other Deed of Trust or pf any action or proceeding in 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 pI Trust applies to, inures to the benefit of, and is binding not only on the parties hereto, but on their heirs, devisees,
<br />legatees, administrarors,. executors, successors and assigns. The tena Beneficiary shall mean the holder and owner of the !lote secured
<br />hereby, whether or not named as Beneficiary herein.
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<br />NOTICE TO CONSUMER: 1. Do not sign this paper before you read it. 2. You are entitled to a .copy
<br />oftbispaper.3. You may prepay the unpaid balance at any time witbout penalty and may be entitled
<br />to receive a refund of unearned charges in accordance with law,
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<br />Signed this 11 day of July , A.D. 19--.f:L.
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<br />STATE OF NEBRASKA
<br />Hall COUN'l'Y
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<br />)
<br />) 88.
<br />)
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<br />On this --11-___ day of July , A.D., 19 83_, before me, the undersigned, a Notary Public, duly
<br />commissioned and qualified for and residing in said county, personally came .J o~ R "._ and Patricia J" -
<br />Teare Husbsmd & Wifeto me known to be the identical person ..@._ whose name .12..- affixed to the foregoing
<br />instrument as Trustor is ___ and acknowledged the same to be their ,,-. vol.
<br />untary act and ~leed.
<br />Witness my hand and Notarial Seal the day and year last above written.
<br />My Commi88i~ln expires the. ~) / -(Y d)?Y
<br />of /J7CM i' j, , 19~.
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<br />GflfllAllIIOTArrt - s
<br />KA TH 1.1.0I/j..,.....
<br />LEEN K. HIU.
<br />My Comm. c...
<br />""",.MUrcf131.1984
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<br />1:1
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<br />STATE OF ____________ )
<br />) 88.
<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'clock and ----,-.-.--
<br />minutes _____. ____ M., and duly recorded in Book _______.___ of ------.--
<br />MQrtgages page
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