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<br />therein, including recitals concerning any mailing, personal delivery and publiaation pf the notice of defauh, any mailing
<br />and the publication and posting of notice of sale, and the conduct of sale; and such recital shall constitute prima facie
<br />evidence of such compliance and conclusive evidence thereof in favor of bona tide purchasers and encumbrancers for value
<br />and without notice. The ti•iistee's deed shall operate to convey to the purchaser, without right of redemption, the trustee's
<br />title and all right, title, interest and claim of the ttvstor and his successors in interest and of all persons claiming by or
<br />through tar under them,.in and tQ the: property sold, including all rich right, title, interest and claim in and to such
<br />property acquired. by the tntstor or his successors in interest subsequent tin the execution of the trustee. The trustee shall"
<br />apply the proceeds of the trustee's sale, first, to the cost and expenses of exercising the power of sale, and of the sale,
<br />including the payment of the trustees fees actually incurred rot to exceed the amount which may be provided for in the
<br />trust deed, second, to payment of [he obligations secured by the trust deed, and the balance, if any, to the person or
<br />persons IegaRy entitled thereto.
<br />And the Trustee covenants faithfully to perform the trust herein created.
<br />BENEFICIARY may from time to time substitute a successor or successors to any Trustee named herein or aciirg
<br />hereunder to execute this Trust Deed. Upon such appointment and withotit conveyance to the successor Tius[ee, the latter
<br />shalh be vested with all title, powers, and duties conferred upon any Tn[stee herein named or acting hereunder. Each such
<br />appointment and substitution shall be made by written jnstrument and executed by Beneficiary, containing reference to
<br />this Trust Deed and its place of record, which, when recorded in the office of the Register of Deeds of the county or
<br />counties in which said property is situzted, shall be conclusive proof of proper appointment of the successor Trustee. The
<br />foregoing power of substitution and the procedure therefore shall not be exclusive of the power and. procedure provided
<br />for by law tar the substitution of a Trustee or Trustees in tl'ta place of the Trustee or Tt'usfees named'herein,
<br />The. waiver by Tntstee or Beneficiary of any defauh of 'Cntstor under this Trust Deed shall not be or be deemed to be
<br />a~wa~ver of any other or similar defaults subsequently occuraing.
<br />This Trust Deed shall inure [o and bind the heirs, legatees, devisees, administramrs, executors, successors and assigns
<br />„ of the parties hereto.
<br />The Trust Deed shall be construed according to the laws of the State of Nebraska.
<br />The Trustor requests that a copy of any notice of default and of any notice of sale hereunder 6e mailed to him by
<br />ccriilied mail at the address hereinbefore sat forth. and evident^e of such rnailing sEtall constitute evidence of receipt of
<br />such na4ct;.
<br />1'rustor represents and warrants that the t[bove described real estate is Hart used for an agricultural activity.
<br />Wherever the context so requires, singular words shall be construed in the plural and vice versa, and the masculine
<br />gender shalt be construed [o include :he feminine and vice versa.
<br />s
<br />p iN WITNESS WHEREOF, the'Trustor has hereunto set his hand the day and year first above written.
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<br />STATE OF_. efAibr a Patricia K. Selle
<br />CUUN'T'Y UF_ Laacast:er .._ __°_-,~'-- - ~ SS.
<br />Beinre me, a Notary Public, qualified by said county, personally c;rrne____- -.J~s~ Ks Sel e ._-.__ and
<br />~Ra±r_.,ria K SAtto _____,._ knawn to ntc to be the identical personas) who signed the foregoing instnunrn[
<br />artd acknowledged the execution thereof to he his, her or their voluntary art and deed. Wiutess my hand and Notarial Seal
<br />on Qetober 6th _, 1980 -. -
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<br />arty commission expires -.9(~4l$~_ ---~_._. T~'~ _._ L.- -__;`` ~3 . --- - -- -- ..
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