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<br />4. As additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance
<br />of these Trusts to collets the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Ttvetor
<br />in payment of any indebtedness secured hereby or in.performance of any agreement hereunder, to collect and retain such rents, issues
<br />and profits as they become due and payable. Cpon 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 Cor 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 same upon any indebtedness secured hereby, and in such order as Beneficiary
<br />may determine. The entering upon and taking possession of said property, the collection 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 pursuant to such notice.
<br />5. Upon default by Trustor in the payment of any indebtedness secured hereby or in the performance oC any agreement contained herein,
<br />all sums secured hereby shall immediately become due and payable at the option of the-Beneficiary. In such event and upon written request
<br />of Beneficiary, Trustee shall sell the trust property, in accordance with the Nebraska Trust Deeds Act, at public auction to the highest
<br />bidder. Any person except Trustee may bid at Trustee's sale. Trustee shall apply the proceeds of the sale as follows: (t? to the expense
<br />of the sale, including a reasonable Trustee's fee; (21 to the obligation secured by this Deed oC Trust; !3) the surplus, if any, shall be distributed
<br />to the persona 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 Trastor had or had the power to convey at the time of his-execution of this Deed of Trust, and such as he may have
<br />acquired thereafter. Trustee's deed shall recite the Cac[s showing that the sale was conducted in compliance with alLthe requirements
<br />of taw and of this Deed of Trust, which recital shall beprima- facie evidence of such compliance and conclusive evidence thereof in favor
<br />of bona fide purchasers and encumbrancers for value.
<br />7. The power of sale conferred by this Deed of'75•ust is not an exclusive remedy; Beneficiary may cause this Deed of Trust to be forectosed
<br />ass mortgage.
<br />8. In the event of the death, incapacity, disability or resignation of Trustee, Beneficiary may appoint in writing a successor trsstee,
<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 powers of the original trustee. 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 Beneficiary shad be a parry unless such action or
<br />proceeding is brought by the Trustee.
<br />9. This Deed of Trust applies to, inures to the benefit of, and is binding not only on [he parties herein, but on their heirs, devisees,
<br />legatees, administrators, executors, successors and assigns. The term Beneficiary shall mean the holder and owner of the note secured
<br />hereby, whether or not named as Beneficiary herein.
<br />NOTICE TO CONSUMER: 1. Do 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 />Signed this 23 day of November , A.D. 19 $2 ~-
<br />~ _~ r
<br />SPATE OF NEBRASKA ) x \- -.` ; ~ T~.~./ y '!
<br />) ss.
<br />• Aall COUNTY ? x -~ ~ ~~ k ~
<br />On this 23 day of iovember , A.D., 19 $2 .before me, tfie undersigned, a Notary Public, duly
<br />commissioned and qualified for and residing in said county, personally cameJi.mmy L Meyer and Jean M HeyeT
<br />Husband & i+~ife to me known to be the identical persons whose name B afTixed to the foregoing
<br />instrument as Trustor$ and acknowledged the same to be their _ vol-
<br />untary act and deed. r-""""~'IMI
<br />Witness my hand and Notarial $eql he day and year last above written.
<br />~ i ~~ GE RAl NOTARY
<br />i '' da
<br />i My Ctb~rtmission expires the ~- S /--~~ , , ~~ - -- -39iE
<br />of \ t? l~ 19 4- s ~ ~ ~ - '; t,~ ~,
<br />i ~ Note - Coinm~n ~~
<br />s
<br />STATE OF _~ -- )
<br />) ss
<br />_ County ?
<br />Entered in Numerical Index and filed for record in the office of the Register of Deeds of said county, the
<br />day of - . 19-.-, at o'clock and
<br />minutes -_ - M., and duly recorded in Book of
<br />Mortgages page .- ---------------- --- ------- -
<br />Register
<br />99i EY2 (NF.2
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