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iher¢in, including recitals cor:cerning any maiiina, persai~ai ~~eiivem~ a~ cutiicetor of t ~ ^ ti,~? c,f vefcu`t, rr:, ma,i:i^;a; <br />and the publication and pr,~ing of notice of sale, and lire conduct of sale: aid ~,Lt :_citaiLShali c;~nstitute pnrta f,~c:;°°. <br />evidence of such compliance and conclusive evidence theo-reaf in favor of bona fide purchaser and encumbran:;ers for value <br />and wit-bout notice. The trtrstee`s deed shall operate to crsnvc;y to the purchaser, without rigi€i o redemption, the trustee'=s <br />ti*~le anti a?t right, title, interest and claim of the trustor and his successors in interest and of a;i peR.;ons c; aiming by or <br />thrcnsg[~ er under tlrerts; ins arrrt to rile pr€~perty sold, tncluding all such right, L'tle, inr¢rest and claim bs and to such <br />praq~rfy acclitired by rite tr•star or h"ss suc:.~ssars it interest subsequent to the exeeu*,ion of the trustee. i:=~ 'Tastes shall <br />apply The "proceeds of the trustee's sale, first, to the cost and expenses of exercis~g the power of sale, and of the sale, <br />including the payment of the trustees fees actually incurred not to exceed the amount which may be provided for in the <br />trtust deed, second, to payment of the obligations secured by the trust deed, and the balance, if any, to the person or <br />p~»rsons legally entitled thereto. <br />Aitd the Trustee covenants faiLrtfuily to perfarrn the trust herein created. <br />$ENEFYCIARY may from time ie.time substitute a succeGsor or successors to any Trustee named herein or acting <br />hereunder fo execute-this Trost Deed. t}pan such appointment and without conveyance to the successor Trustee, the latter <br />shall be vested with all title, powers, and duties conferred upon any Trustee herein named or acting hereunder. Each such <br />appointment and substitution shall be made by written instrument and executed by Beneficiary, containing reference to <br />this Trust Deed and its place of recorcl, which, when recorded in the office of the Register of Deeds of the county or <br />counties in which said property is situated, shall be conclusive proof of proper appointment of the successor Trustee. The <br />foregoing power of substitution and the procedure therefore shalt not be exclusive of the power and procedure provided <br />for by taw for the substitution of a Trustee or Trustees in the place of the Trustee or Trustees named herein. <br />-The waiver by Trustee or Beneficiary of any default of Trustor under this Trust Deed shall not be or be deemed to be <br />a waiver of any other or similar defaults subsequently occurring. <br />This Trust Deed shall inure to and bind the heirs, Legatees, devisees, administrators, executors, successors anti assigns <br />of the parties hereto. <br />The Trust Deed shall be construed according to the Eaws of the State of Nebraska. <br />The Truster requests that a copy of any notice of default and of any notice of sale hereunder be mailed to him by <br />certifted mail at the address hereinbefore set forth and evidence of such mailing shall constitute evidence of receipt of <br />such notice. <br />Trustor represents and warrants that the above described real estate is not used for an agricultural activity. <br />Wherever the context so requires, singulaz words shall be construed in the plural and vice versa, and the masculine <br />se=a -l=ace r.~ :- s£e-~.~,~? t~ ft~l4:rim rh= :pr3+~inine an:! Lice versa. <br />I% WITNESS WIdEREOF, the T Astor has here~ta set his hand the day and year itrt above written. <br />STATE OF N@bsaska -- ~ } SS. <br />OO~INT~' OP T,nmeastar- ._.. <br />~~' ..~ <br />OR <br />Keith D. Stubbs <br />~ ,r ~' - . <br />"?~: <br />~, ;~-- <br />T'U R; <br />' Joyce E. Stubbs <br />Before. me, a Notary Public, qualified by said county, personally came Keith D Stub~a .and <br />~~ayett- $. Stubbs ~ known to me to be the identi ,~{ person{s) who signed the tioregoing instrument <br />and.~knov~led~d the execution thereof to be his, her or their volunttir"v act and deed. jiditness my hand and Notarial Sep <br />~ y,. <br />an c~etaaar ~ , i 9~.~.. Y __ f ~-, .. <br />,as <-~ <br />hty com~ion exptres: ,_ 0.x/43/ ` ` <br />~d'~ i T RY PUBLICS s' _ Q ;-- z ~ ~ ~`~.. <br />(seal3 . -~ i ~ ~~ <br />.. t`a, '~ ' ,~ ~ ~a <br />~ a _ ~ ,;r } <br />°~ ~ .... <br />c~ ~, .~'? <br />~~~~ <br />