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<br />4. As additional security. Trustor hereby gives to and confers upon Benetciary the right, power and authority, during the continuance <br />of these Trusts io cotleet the rents, issues and profits of said property, resen•ing unto Trustor the right, prior to any default by Trustor <br />in payment of any indebtedness secured hereby or in performanre of any agreement hereunder, to collect and retain such rents, issues <br />and pmfita as they become due and payable. Upon any such default, Beneficiary may of any time without notice, either 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 end take possession of said property or any part thereof, in his own name sue for or otherwise rolled such rents, issues and <br />profits, including thane peat due and unpaid, and apply the soma upon any indebtedness secured hereby, and in such order as Beneficiary <br />may determine. The entering upon and taking possession of sold pmperty. the collection of such rents, issues and prof to and [he application <br />thereof as aforesaid, shall oat cure or waive env default or notice of default hereunder err invalidate any act done pursuant [o such notice. <br />5. L`pon default by Ttvetor in the pay-meM of any indebtedness secured hereby or in the. performance of any agreement contained herein, <br />all cams secured hernby steal] immediately become due and payable at the option o(' the Beneficiary. In such event and upon written request <br />of Beneficiary, Trustee shall sell the trust property, in accordance with the Nebraska Trust [Seeds Act, at public auction to the highest <br />bidder. Any person excerpt Trustee mac bid at Trustee's sale. Trustee shall apply the proceeds of the sale ~as follows: ill to the expense <br />of the sate, including a reasonable Tntstee's fee: t2; w the obligattan secured 6y this Deed oCTruet ~3, the surplus. if any, shalt be distributed <br />to the persons entitled thereto. <br />6. Trustee ahatl deriver to the purchaser at the sale iu deed, without warranty. which shall convey to the purchaser the interest in <br />the property whtnh Truator had err had the power to ram•ey at the time of his execution of this Deed of Trust, and such ss he may have <br />acquired thereatYzr. Trustee's deed shall recite thr fatts showing that the sale was conducted in compiiahce with all the requirements <br />of Few and of this fh~d of Trust, which rrrttxl shalt t>z nnma farts evtdonce of such compliance and conclusive evidence thereof in favor <br />of tuna fide purchasers and encumhrnncerx for value. <br />7. The power of sale conferred by ;his i)eeri of TnL:I is not an exclusive remedy; Beneficiary may cause this Deed of Trust to bo foreclosed <br />as a mortgage. <br />~ ~ 8. In the event of the death, ineapacst~-, di=abthty nr restizua.:nn of Trustee. Renefiziary may appoint in writing a successor trustee, <br />t" and upon the recording of such apporniment m the mnrtaage reeixds of the county m which this Dews ai Trust is recorded, t.ha successor <br />groat trustee The trustee is not obliged to notify ant- parcyr hereto of pending sale under <br />~ trustee shall he vesced with a71 powers of the on <br />T any at}xer Used of Trust or of any acGOn or pnueedutg m whteh Trm--tor. Trustee or Benetciary shall he a party unless such action or <br />R ~ proceeding is brought by the Tn:stee. <br />9. 'Chia heed of Trust applres ter, inures co the benefit ni. xn.i is hmdtng not nniv o s the patties hereto, but nn their heirs, devisees, <br />~' N legatees, administramrs, executers, succesaars and aesrgns. The term Bem4ictary shall mean the holder and owner of the note secured <br />• hereby, whether or not named as Beneficiary harem. <br />NOTICE TO CONSUMER 1. Uo not sign this paper before you read it. L. 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 />,-,,ri .. <br />Signed this-~.°„'-u.----- dny or ~_~`-c _e^-.._ .:~ n. 19...::-_ _ ~ <br />f <br />STATE OF tiE$RASKA !/~~''c~'=( r.~t._~'~=,~___- - <br />ss. <br />_,-.ry _.-,.ate. , <br />On this '=--~`-___ day of __.__n__`_.' _'______. ?+-D_, irJ______, before me, the undersigned, tt Votary Public, duly <br />commissioned and yualified fcr and residing m said .~7unty, pc•r?onally same :-;7-::ti,»'_~_~_..,q.,.,•'+^st~,a:,..... 'a,,.:-r:::~.1~,' :~„ <br />~OdC_-~aAr-,;,:y5~a.-Id_„y_._i:t;.~k to me known to he the identical patron 5_ _ nhtrae names ~;. gtffixed to the foregoing <br />instrument as Trustot.;.____-...._ _. __.._.____.._-...__ _ and acknowledged the same to he _-_-...;>;..~T._--_-----. eol- <br />unwry act and deed. <br />Witness my hand and tiotan t Seai the d iy and year fast abar.e written. tt~ ~Nl~r <br />4fy Commission expirrn ihr :.::.. ..- a~Y' _ ,...- Mvtarha ~' <br />Em Mwefi Jt, t~ <br />V xtary• Pvbhc <br />, _.-. _..__. ....._ __. -.,. _ _.r-. .. .... .. <br />STATE QF .__. __ . _. _- _.-, <br />~ ,~, <br />`~ _ i'aunty ~Lt 7 ' ~ a <br />F.atered in Numencal tnde;Q~jtd >dlr~5~r rt~•d~aQh~•~A'ice of the Negister of lleeds of said county, the ____. _ __. <br />day of __ ____....___..---- ____--_--_---.. __-_...._._._.. , ly.._____, a+_ _-___. ____ u'cloek and _..__._ . - _-_---._..._ .. <br />~ minutes ____._..._____ . _„ --.'t_.__. .- _.._ bf..- attd~ d'ttiy eoorded in $oak __.- _ . _._-__. _._ of ._.. -__ - <br />-_-____ <br />4 ~Sortgages page -._ .. _._. a.__.~:~::.-5~:..w_._..~.~. :.~.... - _ ......_ _ ._ -- -.__.. _. ... __.__.__- <br />~M~4~` <br />t <br />9 Rrgi'ter of Deeds <br />• mlaatg ~`` <br />.. .. . n n ~~.. --... - ..' <br />~itt~_ive, ~ E~ r1 U U+• y J <br />Deputy , <br />,ro s::,i:y.I Zt?ri ,: <br /> <br /> <br />