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<br />I <br />83- iJ06565 <br /> <br />r <br /> <br />4. As additional security, Trustor hereby gives to and confers upon Beneficiary the right. power and auth~rity,,_ during the ,contimlan~ <br />of these Trusts to collect the rents. issues and profits of said property, reserving unto Trustor the right, prie-r to' any default- by TrUstitr- <br />in payment of any indebtedness secured hereby or, in performance of any agreement hereunder, to -coned'_and_ retain such rents;_ -U;SUe8 <br />and profits as they become due and ,payable. Upon any 5uch default, Beneficiary may at any time without .-notice,. either- _in ~n(bY <br />agent, or by 8 receiver to be appoin~a by _a ~urt. and without regard t~ t~e adequacy of any security for the ~ndebtedness-he~)"_'~. <br />enter upon and take poss_e_88lon of said pro))erty or any part thereof, in his o'o\'n name sue for- or- otherwise"eollect such rents, '-i~ues: ~!1d <br />profits, including those_ past due and unpaid, and apply the -same upon any indebtedness secured hereby, and:in such oroer'8s_'Beneftciary, <br />may determine. The entering upon and taking possession of said property, the rolleetion 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 pUl$uant_to.5uch n~ice. <br /> <br />5. Upon default by Trustor in the payment of any indebtedness s~ he['f;lby or in the ~rforman~ o~ a_J:l.Y agTeement.-~on~~:'h~rein, <br />aU -sums ~cured hereby shaH immediately become due and payablf! at the option of'the Ben~ficiary. In' such event -ahd'u'fJOn;-wrltten Teq~est <br />of BeneficulTY, Trustee shaH sell the trust property, ill accordaQce with- the Nebrask;\ Tnist;-Deeds_Act...at public auction-to_'the highest <br />bidder. Any person except Trustee may bid at 'I'rustee's sale. Trust€e shan apply- th.e proceeds of. the sale a~ follciw,s: _{lLto the '~~n$e <br />of the sale, including a reasonable Trustee's fee; (2) to the obligation secured by this Deed of Trust: (,3) the surplus-. ifany, shall be'distributed <br />to the persons entitled thereto. e ~ ~ <br /> <br />6. Trustee shall deliver to the purcha~r at the sale its deed. without warranty, which shall convey to the purchaser- 'the: inter~t in <br />the property which Trustor had or had the poWl'r to ronvey at the time of his execution of this Iked of- Trust, and.sUch its -he ma,,'ha\'e <br />ac.quired thereaft-er. Trustee's deed shall recite the facts showing that the ::;ale was conducted il1-compijan(:e with aU the:~rements <br />of law and 9f this Deed of Trust, which recital shall hi> prima facie evidence of such compliance and ,conClusive evidence thereof in favor <br />of bona fide purchasers and encurnbrancen; for value. <br /> <br />7. The power of sale clmferrt'd by thls Deed of Trust I:' nQt nn exclmnve remedy: Benefidary may cause this Deed OfTr\lst to be fQredQsed <br />as a mortgage. <br /> <br />8. In the event of the death, incapacity, disability or resigl18tlOn of Trustee. Beneficiary may appoint in writing a. successor trustee, <br />and upon the recordinf.:' of such appointment m the mort~HilW n..>cords of the {.llUnty in which \his Deed of-Trust is_recorded,,,the' su~sor <br />trustee shall be VE"6t,ed \\-'ith all powt>rs of the orh:-mal truste€' Tht' trustt;'t" is not obliged. to notify any party hereto of pending sale under <br />any other Deed of Trust or of an.... tictlO!l or proc("t.>ding in which Trustor. Trustee or Beneficiary shall be 1\ party unless such action Qr <br />proceeding is brought by the Tmstt:'e <br /> <br />9. This Deed of Trust appiies tHo inures t,} tht.. benefi.t of, and 1:-; binding not I,nly on the parties hereto, but on their he-irs, dev-;sees, <br />legau-es, administrators. ~'l(('('"utors. ~ucce$::-ors and a"Sigl1s. The tt'nn R€'ne!lL'iary shall mean the holder and owner of the note secured <br />hereby, whether or not named as. Benelit'iary hen'in. <br /> <br />NOTICE TO CONSUMER: 1. 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 ~_,jL.~__.. day of De~. .~., A.D. 19JtL <br /> <br />2)~t...m'2n.~m.~~_1L~ <br />;:iOC'b_,,-;,,-.'0tc:k~ ~....... ~ooo...~~l' <br /> <br />On this --,13...->__.~ day of ___~___" A.D., 19 <.d3 _. before me. the undersigned. a Notary PUUl. ~uly <br />commissioned and qualified for and residing in said cuunty. personally came -V~.,...--&AC.i-..Nor:ma.P_~- <br />McVay H~_~J~if€!to me known to hl' the identical pcn:;Ol1 S--. whose name --s---, affixed to the fore-going <br />instrument as Tl'UStor -----S--------- and at~knowledg-cd the same to be ___._:t..b.ei..r... vol. <br />untary act and deed. Cf.fllttl "OfAlf...S,..... ........ <br />Witness my hand and NOLarwj Seal the dtw and vcur IU:il above written. KATHLEEN K. Hill. <br />M (' .. . h '<I' . 1 ~/ /." ""'00"""............311_ <br />~ Y ;ommlS810n .e_xplres t e.____,_____.__"__..___~__________,,__ ~__ (uy ~ D~.) -"X.-- . . <br />OLm_o_oD~lt'!./l_L~ 19.<1#_ n~rJ _'.':.'--"/J.. .. <br />_..______..___l ... -l Notary Public <br /> <br />STATE OF NEBRASKA <br /> <br />----.-lialL__ COU:-iTY <br /> <br />i :-;~ <br /> <br />STATE OF __00 <br /> <br />lciS. <br /> <br />" <br />" <br />j <br /> <br />____~____'~+__ __ County <br />Entered. in Numerical index and moo for record in the office of the Regiolt.,,. of lJeedl:i of said county, the <br />day of 1900 at o'clock Hnd '___ <br />minute. ~1.. und duly recorded in Book '0' 00 of <br />Mortgagea paIN <br /> <br />Register. of De(-dl>l <br /> <br />De-PUly <br /> <br />u <br /> <br />L <br /> <br />-l <br /> <br />L <br />