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<br />Upon payment of all ~tms setured by this Trust Deed, the Beneficiary shall request the Trustee to reconvey the property and shall surrender
<br />this Trust Deed and all Notes evic' rtcing indebtedness secured by this Trust (lead to the Trustee. Trustee shall reconvey the property, without
<br />warranty to the petters or persons legally entitled thereto. ]f default be made in the payment of said loan or any part thereof or any of the
<br />interest thereon when due ar in the faithful performance of any ur tither of said agretnrents as aforesaid. then the whole of-said loan shall
<br />become due and be paid ashereinaftcr provided, and this Deed shall remain in force: the Trustee or his attorney may proceed to sell the property
<br />in its entirety or in parcels at the option of the Trustee at public auction, to the highest bidder, far cash. However, the power of sale hcreln
<br />conferred upon the Trustee shall not be cxercixd until the Ttvstee files for record, in the nfflce of ehe Register of Deeds of each county in
<br />which- the trust property or srstne part or parcel thereaC is situated, a Notice.of Default. identifying the Trustee, stating the namei of the
<br />Tnttdot, 3iying the book and page where this Deed is recorded, cantainirtg a description oC the trust property, stating that a breath of an bbliga-
<br />lion- for which the tri,st property was conveyer as security has occurred, and setting forth_the nature of such breach a>}d' of the '~`ntstec's '
<br />electittrt to sell or rouse to be sold such property to satisfy the obligation. After the laps of not less than one month, the Trustee shall give
<br />Notice of Sale as provided by Nebraska law. After notice of default and ]apse of not less than one month, she Trustee shall give written itot~a
<br />of the tutu and plan of sale, particularly descn~ifng the property to bt sold by publication of suds Notice, at }east five times; once a week foi-
<br />ftvt cortsecutiVt weeks, the last ptibtication to be at least tt1 days but not mare than 30 days prior to the sale. in a newspaper ttavinga geiiepl
<br />circulation in tech county in which the property to be sold, n situated. Capon such-sale, the ?rustre shall execute and deliver a Deed of Con-
<br />veyance of the property sold ro the purchaser or purchasers thereof and any statement or recital of fart in such Deed in relation to the exttcisc
<br />of the power of sale and sale of the described property including recitals concerning any mailing, personal delivery and ptblication of the.-
<br />Notice of Default, atw mailing-and the publication and posting of notice of ule, and the conduct of sale. Such recite! ~taU cons[ttur-primii-
<br />facie evrderttx of such compliance and conclusive evidence thereof in favor of bona fide purchasers and entumbrartters for valttt atld without
<br />notate, The trustee i Deed shat( operate to convey to the purchaser, without right of redemption, the Trustee s title and all right, title,-interest
<br />and clafm of the Trustor and his successors in interest and of act persons claiming by ar through er under them, in and to the properay sold,
<br />inclitdittg alt such right, tick, interest and claim in and to stch~property acquned by the Trustor or his successors in interest subsequentto the
<br />execution of the truster. The Trustee shall apply the proceeds of the "trustee's sale. iirss, to the cost and expenses of exercising the power
<br />of sale, as well as the cost of the sate. including thr payment of the Trustee's fees actually incurred not to exceed the amount which may be
<br />provided for in the Trust Deed; second, to payment of the obligations secured by this Trust tlted,and the balance, if any, ro the person or
<br />persons legally entitled thereto.
<br />And the Trustee covenants faithfully to perform thtTrust herein created.
<br />BENEP[C[ARY, tram time zo time, may substitute a ;<tcctssot tar ;uccessars to any Truster named herein ur acting hereunder to execute
<br />powers created under this Trust Deed, Upon such appointment and without convtyante to the wccessor Trustee, the successor Trustee shall
<br />be reed with all title, powers, and duties confered upon any Trustee herein named nr actittri ttereundtr_ Each such appointment and sub-
<br />stitution shall be made by written instrument and executed by Btnetictary, tontatntttg retcrence to this Trust [wed and its place of record,
<br />whidt, When recutded in the afhee of the Rccester of Deeds of the etwnty esr ~ounttrs to which card pn?perty is situated, shall be conclusive
<br />proof of proper appointment of the successor Trustee. The Coregomg power of substitution and the procedure therefore shall not be exclusive
<br />of the power and procedure provided for by law fat the subsututmn of a Trustee ur frvatees m the ptacr of the Trustee or Trustees named
<br />herein.
<br />The waiver by Truster or Beneficiary of any default of Trustor ssnder this Trust tired shall r*.ut Ft ar be deemed tea be a waiver of any other or
<br />sitnilar defaults sutrequtntly auursirtg.
<br />This Trust Deed shad inure to and 'wind the hers. Settattts. d~~tsrr,.:dnrntstrat;:rs, c•:: ~-utv:s. suce°swrs and assicrrns of the pzrties hereto.
<br />The Trutt Beed shalt fie construed according to the laws a+t the Starr c,r tiei.r.ska
<br />The Trustor requests that a copy of any Nottct of Dtfautt sod of any nottir ~~f sate hereunder ere maded tsr'tim by cereifitd mail at the address
<br />hcrcitrtxfoce set forth and evidence of <rtch mailing sfiali a>nstrtute evnit==c e:f rrcrtl+t *~t w,te nest k c
<br />M'herevtr the context so requires, sirtguiat words shall he .ut7sirUtd rn tear piuraf artd veer artsa, and the masruitna gender shall be construed
<br />to fnctude the feminine and vict vtrsa.
<br />IN wfTNESS WNkRt_1,F, the Trtutor has hereunto set hu hares the ,fay attar year first aixrvt wooers.
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<br />Witness is )~c~, °~lr••~ _______
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<br />Bettt~Zetime; a Notary f'tr',tbe, qua2tftad by said county, personalty catnt,-_._~,'~a'; ~1 -l`..~1t ____ __ _and
<br />~ 4~tc<.~ ~ ~`,+,'~-, . known to mr to bt the identical ptrYOn(sl who signed tine forrgeing instntmtN and acknaw-
<br />kd tx~utan ttfert~rf to in teat, her or ehtu vatiuntary° act a+td deed. Witness my hand aced tiatariai ;±€>!! err ~ t
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<br />al~tittattt-tlfkiaAt~t *votary 1'ec of thz Starr f'vet~:raska
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