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<br />4. As additional security, Trustor hereby gives to and confere upon Beneficiary the right, power and authority, during the continuance
<br />of these Trusts to co11eM the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Truator
<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. Upon anq such default, Beneficiary may at any time without notice, either in person, by
<br />agent, or by a receiver to be appointed 6y a court, and without regard to Lhe 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 (or or otherwise collect such rents, issues and
<br />profile, including those peat due and unpaid, and apply the same anon 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 rent_a, 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 of any agreement contained herein,
<br />all sums secured hereby shell 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: Q) to the expense
<br />of the sale; including a reasonable Trustee's fee; 12) to the obligation secured by this Deed of Trust; (3) the surplus, if any, shall be disMhuted
<br />to the persons entitled thereto.
<br />6. Trustee shall delver to the purchaser at the sale its deed. without warranty, which shall conrey to the purchaser the interest in
<br />the property which Trustor 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 facts showing that the sate was conducted in compliance with all the requirements
<br />of law and of Chia Deed of Trust, which recital shall be prima incie 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 rnnferred 6y this Deed of Trust is not an exclusive remedy: Beneficiary may cause this Deed of Trust to be foreclosed
<br />as a mortgage.
<br />8. In the event of the death, incapacity, disability or resignation of Trustee, Beneficiary may appoint in writing a successor trustee,
<br />and upon the recording of such appointment in Ehe 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 notif7 any party hereto of pending sale under
<br />. any other Deed oC Trust or of any action or proceeding in which Trustoq Trustee or Beneficiary shall be a party unless such action or
<br />proceeding is brought by the Trustee.
<br />9. This Dsed of Trust applies to, inures to the benefit of, and is binding not only on the parties hereto, but on their heirs, devisees,
<br />legatees, administrators, executors, successors and assigns. The term Benefician• shall mean the holder and owner of the note secured
<br />hereby, whether or rot named as Beneficiary herein.
<br />NOTICE TO CONSUMER: I. Do not sign Chia 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 .~~ day of November , A.D. I9~2-_ -~" -
<br />~! _-'
<br />STATE OF NEBRASKA ) -- ~)'~' ''",` f~,~"!^,j.~~~~1~'~--
<br />Hall COUNTY ) ~ ~~.~ ~". , ~~::~,
<br />On this 23 day of November _, A.D., 19 82 ,before me, the undersigned, a Notary~Public, duly
<br />commissioned and qualified for and residivg in said county, personally cameJimmg L. Meyer and Jean M.
<br />Meyer, Hnsh8IId & Wife to me known to be the identical persons whose names fixed to the foregoing
<br />instrument as Trustor 6 and acknowledged the same to be ., the1T
<br />untary act and deed. ~ ~E9DRM ~1~
<br />~ Witness my hand and Notarial Seal the ~tpy and year last above written. -.; O6/i-L
<br />My CorttrtYjssion expires the ~.,, day -), -, 5iATE0F NEBRASKA
<br />Notary Pu is ~ Julie 28,1986
<br />j STATE OF ---.-) ~ c~ ci
<br />County 1 ~ ~ ;'{
<br />Entered in Numerical Index and filed for record in the office of the Register of ~d~' o said cotter, the ~~-_
<br />~ day of _._ -~_-_ . 19.--, at __~._ otclock and _ -' ~" c
<br />~ y~minutes .- bi., and duly recorded in Book '=.~' o~'D ~ 1
<br />~, Mortgages page ----------------------------~-----`1 ;°'-?~--
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