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<br /> <br />Q: As additional security; Trustor hereby gives ao andconfers upon $eneficiary• cheaight; power andauthority, during thecontmuance <br />of theca Truststo collecb the rents;.iesues sndprofita of said property.; :reserving unto Trustor the right,`prior7to any default by Trnstnr <br />in :payment of anyindebtedness'secured hereby: or.m.performance. of any agreement hereunder; to cpllect andretxinsuch: rents, is9ucs <br />and-profits as'they-become dueand ,payable, Uponany. such default,. )3eneticiarvmay at anytime without notice;'either inpereon; by <br />.agent, or byareceiver to. be appointedhy a rourt::andwithout regard. to'the adequacy of any security for the indohtadneas hereby secured, <br />enter upon and take:possesaion ofsaid propertyoranp parttkereof,in`hisown name cue foror otherwise cot[ect'sucli:renta,iesuesand <br />:profits, including those. peat Sue and. unpaid, and apply the- same: upon any. indebtedness secured-hereby, and issuch-order as'$eneficia izr <br />may determine<Theentering uponand taking. poasessionof said property,the collection of such rents issues and profits and the application <br />thereof as aforesaid,shalt not cure or waive-any default arnotice of default hereunder or invalidate any act done pursuant to. sucknotice.: <br />5r Upon default by Trustor in the .payment of sny indebtednessaecured hereby or in the:perfonnance of any agreement contained herein, <br />al} sums securtd-herebyshaltfmxnediately tiecomedueand payable at the cptionofthe Beneficiar}~.:[n'such event and. upon writtegrequest <br />of Beneficiary; Trustee: shallsel!'the trust property, in accordancewith the :Nebraska Trust-DeeilsAct,'. at public-auction to::thehighest <br />bidder. Any. personexcepCTrustee may bid at Trustee's sale.. Trustee shall.. apply the proceedsaFthesale asfolloavs: (1)to she expense <br />of ttie sale, including a reasonable Trustee's fee; l2). [othe obligation secured byahisDeedofTrust; (3j. thesurplus,.iC env, shaII be distri4uted <br />to the persons-entitledthereto. _ <br />6:: Trustee shall deliver to ilia .purchaser at thesale its-deed, without warranty; which shall convey`to .the purchaser the interest in <br />the property cvchich Trustor hadorhad the power ao convey atche tinieof his execution: ofthis Deed of Trust, andauch as he may :have <br />acquired thereatt+sr. Trustee's deedshallrecitethefacts showirg.Lhat.the salewaa conducted incompliancewith..atltherequirements <br />oflsw and ofthis.Deed of Trust, wkirhrecital shall beprima.facie evidence of auchcomplianci=. and conclusive evidence thereof in favor <br />of bona fide purehasersandencumbrancersfor value. <br />^. The powerof sale conferredby: this.Deed of Trust is: not an exclusive remedy;$eneficiary may cause this Deed of Trust: to beforedosed <br />as a mortgage, <br />3. In the.event of the death, incapacity, disability or`resignation of Trustee, Beneficiarymay appoint m writing: a successor. trustee:, <br />and upon the recording. of suchappointmentin ihe:mortgagerecordsof the countpih which this Deedof Trust is recorded; a}ie successor <br />trustee shall hevestedwith all poavers of the original trustee. The trustee is not obhged.'to notify any party heretoof pendingsale undzr <br />any other' Deed of TnvsC or of any action ar proceedings in which Trustor, Trustee or-Beneficiary shall be a-party unless.'such nation or <br />pnxeeding isbroughz by the Trustee. <br />9:: Thiq Deed `.ot Trust applies to, inures ca the. benefit of,.and is biudmg pot ronly onthe :parties .hereto, but: ontheir heirs,drvisees, <br />'legatees, :administrators, executors,. successorsand assigns: .The term Beneficiary' shall. mean the holder and"owner of the iiotr : ecured <br />hereby, whetheror rice named ae Beneficiary :herein.. <br />NOTICE TO CONSiJMER 3: Do not sign this paper; before you read; itw.,2. You are entitled to a copy <br />of this paper. ~. You may prepay the unpaid balance at anytime without penalty andllmay be entitled <br />to receive u refund of unearned charges in accordance with law. <br />Signed this ?=` ~ _ day' of _~xgLS:t . A.D. 19R ~ <br />ST.37'E i)F VEBRASIiA ) ~~ ~ +JS a~.~,('Q_ _ <br />~ ) ss. nn <br />al _ COUNTY :.) ~ +llJ-/S 'J . >'Cn~ ~ ~ o _ <br />Un this - '±~ ~.._ day of Au~ltst' , A,D:; 19 ~2. , befereme. theundersigned;: a Notary:Public, duly <br />commissioned and qualified for and residing in said county;; persc-~_Sly came 'dooby "L. $oyZe end Jaw_ t ~i ?o;rle r <br />husoand and w~i9 to me known to be the'identieat persons-- whose names_~Sliixe¢ co the Coregoing <br />instrument as Trustot~ __ and acknowledged the ame tt+ be their voi> <br />n <br />untary act and deed <br />Witness my hand and ~1 scar disc a}wve itten. <br />~ ' <br />:41v Co~Sb-ion expi s _1 day ~~ ~ -, <br />~,~ <br />~;~ <br />u. <br />t- <br />~ w 951 Fe c.~E,r '\ cn ca <br />~_ <br />~~ __ <br />~. ~. <br />I Sa. ~.. <br />^d- for-rewrd m the office of the Register of Deeds of said county, the <br />_ u __ , 19_ at _ .o'clock and "" <br />~~~,___ x and duly recorded in Book - ' _ of _ n, ~l <br />~__ _ ~ ~ ~~ <br />.; ~ _ ,, <br />'\ <br />rw '~ <br />,:,i c Register of Deeds <br />-- --- - ---- - ~~ C <br />Deputy <br /> <br /> <br /> <br />