80004591 - Laserfiche WebLink

Browse

r therein, including recitals concerning any mailing, personal delivery and publication of the notice of default, any mailing and the pubucation and posting of notice of sate, and the conduct of sale; and such recital shall constitute prima facie evidence of such compliance and conclusive evidence thereof in favor of bane fide purchasers and encumbrancers for value and witktout notice. The trtstee's deed shall operate to convey to the purchaser, without right of redemption, the tmstee's title and all right, title, interest and claim of the tntstor and his successors in interest and of ail persons claiming by or through ©r under them, in and to the property"sold, including ail such right, title, interest and claim in and to such- property acquired by the trustor or his successors in interest subsequent to the executidn of rite tmstee. The trustee shall apply the proceeds of the trustee's sate, first, to the cost and expenses of exercising the power of sale, and of the sate; . including the payment of the trustees fees actually incurred not to exceed the amount which may 6e provided for in the trust deed, second, to payment of the obligations secured by the tmst deed, and the balance, if any, to the person o_ r persons legally entitled thereto. And the Trustee covenants faithfully to perform the trust herein created. BENEFICIARY may from time to time substitute a successor or successors to any Trustee named herein or acting hereunder to execute this Trust Deed. Upon such appointment and without conveyance to the successor Trustee, the latter shall be vested with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such appointment and substitution shall be made by written instrument and executed by Beneficiary, containing reference to this Trust Deed and its place of record, which, when recorded in the office of the Register of Deeds of the county or counties in which said property is situated, shall be conclusive proof of proper appointment of the successor Trustee. The foregoing power of substitution and the procedure therefore shall not be exclusive of the power and procedure provided for by law for the substitution of a Trustee or Trustees in the place of the Trustee or Trustees named herein. The waiver by Trustee or $eneficiary of any default of 'frustor under this'frust Deed shall not be or be deemed to be a waiver of any other or similar defaults subsequently occurring. This Trust Deed shall inure to and bind the heirs, legatees, devisees, administrators, executors, successors and assigns of the parties hereto. The Trust Deed shall be construed according to the laws of the State of Nebraska. The Trustor requests that a copy of any notice of default and of any notice of sale hereunder be mailed to him by certified mail at the address hereinbefore set forth and evidence of stacit mailing shall constitute evidence of receipt of such notice. Trustor represents and warrants that the above described real estate is not t:sed for an agricultural activity. Wherever the context so requires, singular words shall be Construed in the plural and vine versa, and the masculine gender shall be construed to include the feminine and vice versa. IN WITNESS WHEREOF, the Tntstor has hereunto set his hand the day and year first above written. T U OR ~~ TRH ~ ST R STATE OF Nebraska N__ COUNTY OF Bell _ - ~ SS. Before me, a Notary Public, qualified by said county, personally cantr__`~llyn„U. Glson and Virginia A. Olson ktiow_ ri to ~me to he'the identical personis) who signed the foregoing insuvmrnt and acknowledged the exe ution t}tered'f,,o be his, her or their voluntary act :md deed. Witness my hand and Noatriat Seal ~.. on °;- August 2~ ,1980 ;~ ,J ~ , MY commrssmn expues: ~ /~~~~.-___-- . cif jZ Q~ i~~ t: Z ~ .11 ~QTAR ~ LI C~~ }4 ENL~A: flti• l$PBI~t~iA7 i< ~~,~- _ .., ~:~:r ~~ /~ /~' SS ~ ~ :•v Z """ 1 ealaswnp; "~'~~~ """'~'~'it~ar0 'oN luawrt~ se P~lu3