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<br /> H4naficiary ohaii luv� thQ ri�ht, power aad authority dur3reg tbe continuanco of _o
<br /> q thio Daod of Truot to coli�ct thQ rQS�to. ioouQO and profit� of tho proporty and
<br /> ; of any parooaal propQrty located ttaareoa with or without takiag p000QO�ion of _
<br /> ` , tho prop�rty afi�c t�d h�r�by. and Truotox b�r�bq �boolutely �nd u�co�ditionsily =_ _
<br /> � , • a�oiga� ali ouch rQnto. ioouQO and proiito to B�aaficiary. B�noficiary.
<br /> �. howQV�r. b�r�by conaQnta to Truator'a coilaction and r�tantiou oi auch r�nto.
<br /> ' iosuva aad profita ao •��ty accruQ �nd b�comQ psyabiQ. ao loag ao Truator ia not.
<br /> at auch time. in default with reopect to paymont of any ind�btedneo� aocurQd �;�
<br /> : hesabq. or ia th�t pQrforaec• oi any o�roam4�t hor.QUnd�r. If any �v4nt of
<br /> - default dQOCribed boreafter in respact to this Deed of Truat ahall havq occurrQd �._,___
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<br /> � and bo cot�tinuing. Beneficiary. �o a matter of ri�ht aad without notice to ��
<br /> � � 7'ruotor or anyon� ciaimiag undQr Truator. and without r�gard to thQ valuo of the �i';�_-
<br /> ' � tsuat eatate or t ba intereot of t6� Truotor therQin. ohali bove tha right to =_
<br />� � �pply to any court hc�ving juris3ict3on to appoint a receiver of the praperty. �:...�: __ - -
<br /> � �n"
<br /> . � It i� furthQr agreed that ia caoe o£ default in the payment of the caid princi- ��Y---� -
<br /> pal Nota or intereat. or aay part thereof. ae it sh411 maturQ. or �.a the caae of �
<br /> failure to keep or perform any of thQ covenante or agrQemento containQd in thia �:_�"�
<br /> • � ' Deed of Trust. thaa the Beneficiary. ita succesaora or aeaigns. shall bQ aad ia -��____ ��
<br /> ' N hereby authorized and empowerad to teke i.mmediate pveaesaion of thQ said {;:�'a,,.',y,��.
<br /> � O� premiaQa hereby comeyed and all crope thereon, or to Gollect the renta there- � ..�,_..,
<br /> � . from. and to apply the pzoceeda thQreof to thQ paymeAto of the debt hereby , _ -
<br /> . aQCUr�d. �� . .� �:
<br /> �
<br /> We also agree that in the event the mortgeged premises. or any portion thereof. � „� .�;�"
<br /> or any iaterest therein, are sold. oortgaged or conveyed or become eubject to an t � :� .i,�
<br /> , agreement to sell or convey prior to the time this loan ehali have been paid in .�.�-.-
<br /> full. then tha entire indebtednese st�all become immediately duQ and poyable at 4 ,� ��
<br /> • the option of the beneficiary. A ea1e. aseignment or tranafer in any manner �
<br /> whatsoever of lOR or more of the cap3tal etock of the grantor corporation ehall {�:��• • ;:--�—
<br /> , � be equivalent to a sale or conveyance of the security or an interest therein. "1� �'::��
<br /> and in that event beneficiarq shall l�sve the option to accelerate thQ debt. � �
<br /> i •.
<br /> - declare the eatire loan balaace due� and enforce collection of aame. including •
<br /> � � forecloaure of the Deed og Truet lie�n. �
<br /> P�i� �
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<br /> Together with all a�d singular the tenements. hereditaments,privileges and appurtenances,now or hereafter `
<br /> located upan or belonging to or in anywise appertaining to the above described properry,or any part thereof, -_�;. .
<br /> Including any righi of hornestead and every conUngent right or estate therein. �-�:��= :
<br /> To Have and to Hold the Same,t ether with all and sin ular the privile es and appurtenances thereunto �;;�;;��•_
<br /> 09 9 9 . s��.�t `s�'
<br /> belonging: In 7rust Nevehheless,that in case of default in the payment of said Note or any part thereof,or in _,a���,
<br /> the payment of the interest thereon,according to the tenor and effect of said Note, principal or interest,if any, , 'J,;�,��_°:
<br /> or in case detault shall be made in or in case of violation o�breach of any of the terrns,conditio�s,covenants. � �--:x+��^
<br /> or agreements herein contained,then all sums secured hereby shall immediately become due and payable at ; •
<br /> . the option ot the holder d the Note,and the Trustee may proceed to sell the property in accordance with the i
<br /> Nebraska Trust Deeds Act(Section 76-1001 et.seq.). Trustee shall receive a fee ot One PerCent(1°ro)of the
<br /> • entire indebtedness then owing to Beneficiary as a fee in exercising the power ot sale.
<br /> And the Trustor covenants and agrees to and with the Trustee,that at the time ot the ensealing of and delivery
<br /> � of these presents,he is well seized of the said prernises in fee simple and has good nghL full power,and lawtul
<br /> � authprity to grant,barga in,sell and convey the sarne in mannor and form as atoresaid;and that tl�e same are .
<br /> � free and clear of all liens and encumbrances whatever and the herem bargained premises m the qwet and
<br /> � � peaceable possession of the Trustee against all and every person or persons lawlully clairning or to claim the
<br /> whole or any part thereof,Trustor shall and will warrant and forever defend.
<br /> And the Trustor wdl pay all taxes and assessments on said premises�mmediately when they become due and
<br /> payable;and at the request of the legal holder of sa�d Note wiil keep all bwlding�that may at any t�me be on
<br /> said oremises,during IF�e conUnuance of said�ndebtedness,msured agamst loss by tire in such cbmpany or
<br /> Companies and for sucl�amounts as the holder of said Note may from time tp Gme direct,not to exceed the
<br /> amounf of said indebtedness,except at the optan of Trustor,w�th loss.�f any,payable to the Beneficiary her-
<br /> eunder as its interest may appear,and wdl deliver Yhe policy or policies of irsurance,accomparned by prem�um
<br /> reCeipts to the Beneficiary hereunder,as furthersecunty for ihe indebtedness aforesa�d And m case of the re•
<br /> fusal or neglect ot Trustor to thus msure and del�ver such pol�cies of�nsurance or to pay such taxes or assess-
<br /> ments,then the holder of said Note may procure such msurance.or pay such taxes or assessments,and all
<br /> moneys thus paid,with interest thereon at I}3.Ol)0 percent per annum,shall become so much additional
<br /> indebtedness,secured by this Oeed of Trust, and shall be paid out of the proceeds of the sale of the lands and
<br /> prem�sas atorese�d.�f n�t otharvr�sa pa�d by sad Trustor.
<br /> � *fixtures and other improvements, includinK, withuut limicatiun ,ilt irrtg.itiun equipment ,
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