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d. As additional security, Tntstor hereby gives to a nd confers upon Aeneficiary the right, power and authority, during the rnntinuance
<br />of these Trusts Co collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Tivstor
<br />in payment of any indebtedness secured hereby or in performance oC any agreement hereunder, to collect and retain ouch rents, issues
<br />and profits as they became due and payable. Upon any such default, Beneficiary may at 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 and take possession 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 name upon any indebtedness secured hereby, and in each order as Beneficiary
<br />may determine. The entering upon and taking possession o(said property, the collection of such rents, issues and profits and the application
<br />thereof ae aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice.
<br />5. Upon default by Truetor in the payment of any indebtedness secured hereby or in the performance of any agreement contained herein,
<br />all sums secured hereby shall immediately became due and payable at she option of the Beneficiary. In such event and upon written request
<br />of Beneficiary. Tntatee shall sell the trust property. in accordance with the Nebraska Trust Deeds Act, at.public auctiom to the highest
<br />bidder. Any person except Truster, may bid at Trustee's sale. Trustee shall apply the proceeds of the sate as follows: (Il to the expense
<br />of the sale, including a reasonable Trustee's fee; [2) to the obligafion secured by this Deed of Trust: (31 the surplus, if any, shall be distributed
<br />to the persons entitled thereto.
<br />6. Trustee shall deliver to the purchaser at the sale its deed, without warranty, which shall convey to the purchaser the interest in
<br />the property which Truator had or had the power to convey at [he time of his execution of this Deed of Ttvst, and such as he may have
<br />acquired thereafter. Trustee's deed shall recite the facts showing that the sale was conducted in compliance with all the requirements
<br />of law and of this lleed of Trust, which recital shall be prima facie evidence of such compliance and conclusive evidence thereof in favor
<br />of bona fide purchasers and encumbrances for value.
<br />7. The power of sale conferred by this Deed of Trust is not an exclusive remedy; Aeneficiary may cause this Deed of Trust to be foreclosed
<br />se a mortgage.
<br />8. In the event of the death, incapacity, disability or resignation of Trustee, Beneficiary may appoint in writing a successor Tustee,
<br />and upon the recording of such appointment in the mortgage records of the county in which this Deed of Trust is recorded, the successor
<br />trustee shall be vested with all powes oC the original tncstee. The trustee is not obliged to notify any party hereto of pending sale under
<br />any other Deed of Trust or of any action or proceeding in which Trustor, Trustee or Aeneficiary shall be a party unless such action or
<br />proceeding is 6rough[ by the Trustee.
<br />9. This Deed of Trust applies io, inures to the benefit of, and is binding not only on the parties hereto, but on their heir, devisees,
<br />legatees, administratos, executors, successors and assigns. The term Aeneficiary shall mean the holder and owner of the note secured
<br />hereby, whether or not named es Beneficiarv herein.
<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 />Signed this %th day of_'iovemeer _, A.D. 19 r2
<br />''~ " ~
<br />STATE OF NEBRASKA i
<br />Hall i ss. ~ o
<br />__ COUNTY I _
<br />5th hovet*.r,er `~
<br />On this -day oC .___._._-_..._,.._ _, A.b.. 19__-_., before me, he undersigned, a Notary Public. duly
<br />commissioned and pualified for and residing to said county, personally came Irvin u, atolley and hfari_lyn A.
<br />Stolley, Husband and_.Si~eme known to be the identical person =whose name aneaffixed to the foregoing
<br />instrument as Trusto~_-__._- _ ____._- _- _. - _ and acknowledged the same to be .__.^theiru vol-
<br />untary act and deed.
<br />Witness my hand and Notarial Sett th~lday and year last abo written. GEtIER l ~~~~
<br />My' tssion expires the _.-;tsi.' _~_.__ day / ~ ~ ~~ RpL
<br />of ~,i"v-l i `tom --- - - 19 ~ ~ I Si' ;! ~- ~ ~ t' ' ~ i4~~~~ ~"!Eaa~a!SA
<br />
<br />STATE OF _-- _-- ) '~; 3 _~ ('Xj~
<br />
<br />--------..-._-- Count i
<br />Entered in Numerical Index and filed for record in the ofFice of the Register of-tleede of said county, -th h' °'
<br />day of ._~_ _ 19T~, at _____T o'clock and ~ .. ° 4
<br />minutes ___ _____ _ tit., and duly recorded in Book _.a( -
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