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<br />r
<br />
<br />(b)
<br />appoint a
<br />
<br />Commence an action to foreclose. this Deed of Trust
<br />receiver, or specificaliy enforce any of the covenants
<br />
<br />
<br />84~ 005146
<br />
<br />default or pursuant to such notice of default
<br />continuance in possession of the Trust
<br />appltcation of rents, issues Vi.
<br />entitled to exercise every right
<br />or by law upon occurrence of
<br />exercise the power of sale;
<br />
<br />(c) Deliver to Trustee a written declaration of default and demand for
<br />sale. a written notice of default and election to cause Trustor's interest in
<br />the Trust Estate to be sold, which notice Trustee shall cause t-o be duly filed
<br />for record in the appropriate Official Records of the County in which the
<br />Trust Estate is located,
<br />
<br />11. FORECLOSUl<E BY POWER OF SALE. Should Beneficiary elect to
<br />foreclose by exercise of the Power at ~aie herein contained, Beneficiary shall
<br />I~otify Trustee and shall deposit with Trustee this Deed of Trust and the Note
<br />and such receipts and eVidence of expenditures made and seCured hereby as
<br />Trustee may ['equire,
<br />
<br />{a) Upon receIpt of such notice from Beneficiary, Trustee shall cause to
<br />be recorded. published and delivered to Trustor such Notice of Default and
<br />Notice of, Sale as th,;n re~uired by law and by this Deed, of ,Trust. ,Tr~st;ee
<br />stlal1a wuhant d~maDQ on 1I'USt~:rt after such -:r:e as may tnefl De requlrea oy
<br />law and after recordatlOn cot such NOllce -, L""fault at J after Notice of Sale
<br />having been given as required '',' Ia'~', ;,,,, Ihe Trust Estate at the time and
<br />place of sale fixed by It In such Notice of Sale, either as a whole, or in
<br />sepal'ate lots or parcels or Items as Trustee shall deem expedient, and in
<br />such crder <is It mav dl'termlne. "I publIc auction to the l':ighest bidder for
<br />cash in la ,,"' Iv i mon,,\! "t ! he Untted States pa yab!e a t the time of sale. Trustee
<br />shall deliver 10 ~uch pur'chaser or purchasers thereof its good and sufficient
<br />deed ~r deeds \.-cnveVlng the property so soid, but without any covena.nt or
<br />warranty, ex pres=.: ,_"'r implled. Tht~ rec.itals in such det~d of any matters or
<br />facts shall be ('(:'!nclUSlve proot ,~"'f the truthful.ness thereof~ Any person,
<br />111clu(11ng. \\"lthcut '1:1iuat10n. Trustor, Trustee or Beneficiary, may pUr'chase
<br />a t such ~,a 1<:: dnd rnl~~t0r hert"bv C0VeDants to warrant and defend the title of
<br />such purchaser __....:' purcbds~rs.
<br />
<br />t;,i
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<br />;\s
<br />
<br />.~1d V
<br />
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<br />,-..ndE!"
<br />
<br />red tCiY ia,^" afrer deduning ;dl costs, fees dnd
<br />rr'u3t. Including costs ,,"1f evidence of title in
<br />sh..111 .lpp!y lhe p!'oceeds of sale to payment of
<br />~)ll:' t;2rms hereof, not then repaid, with accrued
<br />,'ale ,n the Slate "f Nebraska, f ii jaIl olher
<br />: ,11 [he- !-emainder, if dny, to the pf'::>rson or
<br />
<br />t'xpen::;f'S
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<br />i rt~~~Ct:~ ,-I
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<br />conneCU,-)D \.<.,1th ::-die.
<br />; ~ l ...111 ~lJ.rn::: {'xl>endcd
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<br />rrusrl't.~
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<br />lnt€Tt'Si dt the nl~t1t"'~1 ,{'gal
<br />~:,um::. rnt"n '..;('\'ut~,,'d ~lertl.hv. .--l.nd
<br />persDns l~"'gdilv \'!it~:L\~d !h(..ret..........
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<br />i i'1~"d
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<br />p\")~t pon<:;,
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<br />i:,'l t ~~ II
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<br />"':"C ~tny i)-.)rtl\:.'\fj ,-'t th-e rru;:.; Lstati:~.
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<br />1,'::-1 VE.
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<br />rcustce dnd Beneficiary. ..'ind \.~ach l)f
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