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<br />(} ~ rr1 <br />~~ai "~~~n instrL's'~nt 3t3d eXectited by ~E?;~f i~182y <br />containing reference to this Trust Deed and its <br />pleas of record, which, when recorded in the <br />office of the Register of Deeds of the county or <br />counties in which said property is situated, shall <br />bt> conclusive proof of proper appointment of the <br />successor Trustee. The faregoinq power of substi- <br />tution and the procedure shad not be exclusive of <br />ta'ae power and procedure provided far by law for <br />the substitution of a Trustee in the place of the <br />Trustee named herein. <br />F. Trustor covenants and agrees that upon any convey- <br />ance, assignment or transfer of his interest in <br />the premises during the tezrs of the ioan secured <br />hereby, the Henafidiary shali have the option of <br />declaring the unpaid balance immediately due and <br />aayable, and if said sum remains unpaid for ten <br />(i~Jl days thereafter, HenefiCiary Can cause Notice <br />of Default to be coven and the premises to be sold <br />as provided herein.. <br />G. As additional and Collateral security for the loan <br />and effective forthwith upon filing of a 'Notice of <br />t---' <br />Je it'i lilt, Lii13 137s Lr%3iAe;At shall sei 6°C ~Y8 an assi~ <br />rsent by the Trustor to the Trustee of all rentsM <br />and revenues resulting from the lroperty, and <br />Trustee is authorized to take possession of the <br />raroparty, rent or lease *_he same on terms ha deems <br />best and r_o Collect the rents and revenues and <br />appl; the sense upon anpaid interest, principal, <br />taxes or insurance aremiums or for rsaintenanee end <br />preservation of the lremises. <br />N. €3por. request of Trustor, HenefiCiar;,~, ~t Henefi- <br />Ciary's option, prior to full reeonveyanee of the <br />property by Trustee to Trustor, may make future <br />advannes to Trustor= much future ~;dvances, -Kith <br />a_nt~r~>st thermion: shall b~ seour~A~ by This c~~~d of <br />Trust when ~rvidenced by uramissory :cotes stating <br />that said notes are secured hereby, rat no °ime <br />shall the grinci?~al amount- of indebtedness secured <br />bd ~di:~ ?v ~"~Ll Sf T~u~t, nC~t :,clu~]~. ~i~ ~uiil~ sfSVan~-Cu <br />_.-a ~,.... ~_ i..>z,-~>E, 3 -~ Vs ,. tie. : a..: .-. F <br />th¢g~'~'~d ,nf~'?`rae*4-~~~~e ~-e?~s:?~}~t?i3 ~czr is±~n~?~anee~x~r.f r~F <br />the ^+lff}t@. -- <br />2. The waiver by Trustee or Heneficiary of any de-- <br />fault of Trustor under this Trust Deed shall not <br />be or be deemed to be a waiver of any otrer or <br />similar defaults subsequently occurring. <br />:r. The designation. "Trustor" herein shall Extend to <br />a..d apply to the undersigned, sinelular plural, <br />and the Covenants and agree°Aents of theJ'i'rustar <br />herein shall be binding upon his heirs, devisees, <br />e3cecutors, ad~srnistrators, successors, and assigns. <br />K. This Trust need shall be construed according to <br />the caws of the State of :Nebraska, <br />The Trustor relluests that a copy of any Notice of <br />fault and of any ?notice of Stele hereunder be mailed to hire <br />at time address hereinlcefore get forth. <br />ANT the date first above written. <br />AME~iICr~~NT~I;STZ[E.7T i3RC)'.1F', ZtiC <br />.. ~9 <br />~" ~ ~ ` <br />sv <br />r~ct ~__.___ <br /> <br />