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<br />�"��I�•_;..����. RE=REC()RDCD -
<br /> " ' • g6m �.Q�:���5 96� �09�'73�
<br /> � able. On ac.�eleration as �rovid�r� hercaunclor or 'frustors' nban�lonmont of tho Pro�orty, �.
<br /> Beneflclery,in person or by agent or tay a Judi�fally appotnted recelver,shall be�ntitled to enter
<br />� � �,�� upon, teke posaesslon of and mana�e the Property and c�llect 4he rents and products af the _
<br />� • � Property. All rents end products collected by BeneBciary ar the recefver si�all be applled(irst ,`
<br /> . ti; ..
<br /> '` �+'� t o p e y m er�t o7 costs af managUg the Property�nd collectt�n ot renta and products, in�luding, �-
<br /> 4�ut not Iimitcd to,r�c�ivcrs fees, �remiums on receiver's and app 1 1cant's bon ds, �n d, i f a l l ow e d ��`
<br /> ., �:-:
<br />�`--..�� ; by law,roasonable ettomey's fees, and then to sums secured by thfs Tn�st Deed. `
<br /> ��,
<br />=`� 13. Mineral Interesta. 7rustors hereby trensfer, assign and convey to Bane�ciary all bonuses, ��-
<br />-= royaities� delay rentals, rents,shut-in gas or oil well royaltles and all other benefits that may
<br /> - .. °•.,�� from time to time become due and payable to Trustors,or their assigns, under any oll, gas or
<br /> � otNer minerel tease of any kind now existing or that ma�hereafter be eHective�n tha real �
<br />�.,<�°:, '� estate or any paR thereoi secured heroby.Tnastors,how�avor,shall have the �ight to collect and
<br /> � � rotain any such bonuses, reyalties, delay rentals, shut-in gas or oil royaltfes, and al) other _
<br /> . � ' � benefits that mey f�om time to timo become due and payable to Tnastors prior to accele�ation W
<br /> �- ..:�Y,� by Benaficlary of such balance due as provfded herein or on Trustars'abandonment of the
<br />-�-�Y;�;�.`. Pfoperty.All sums Beneflciary recefves under this collateral assignment c�i mineral interests
<br /> .�iL-`aY: .
<br />�':,��.�.��;,. � shail be a�pfied�rst to rsimb��sa Bsneftc�sry for an�sums advnncad by Baneflc ary or pro ec�
<br /> -_"---�'-- tton c�f trust property�second to acr,�ued interest,and the bnlance to principal remalning unpaid. !
<br />��`�""��� Any appltcation of principal shall not delay the d��e date oi any subsequent instalimant tNat
<br />`�j"x°3-f�`, should becume due under this Tnast DeAd o�the Note secured hereby.On payment in full of
<br /> ' ri�t���� the Trust Defld debt and roconveye�nce ot record to Trustors or their euccessors,thfs colfaterel
<br /> f'`=i°`-4"�== assignment shall ber.ome Inopa�ative end of no further force or eT�'ect.
<br /> _-:ri��
<br /> u�w�
<br /> ;'b n� 14. c����►+R4"r Trustee. Beneflciary, at Beneflciary's optien, may from time to tima appoint a
<br />_-�=:��� successor Tn�stee by filing tor rocord in the o4fce of the Regist�r o0 Deeds ef Hall County,
<br /> - Nebraska,a substiiution of Tnastee in the form provfded by Nebraske�statutes. From the time
<br /> -- "'� t�A t��►,at�tutfon is flled for record, the new Trustea shall succeed to ell tha powers, duties,
<br /> _------ authority and title at the Trustee named in the Trust De�ed and oi any prior successor t n.istee.
<br /> '``� 15, 7r�4tee's Dutfea. Tnistors acknowledge thet:
<br /> a, The duties and obligattons of Trustee sha11 be determined solely by the expross
<br /> provialons of.this Tn�st Oeed, a�d the Trusteo shall �ot be Itable except for the
<br /> pa�{ormanco of such dutiea and obtipations as ero speciflcally set torth heroin, and�o
<br /> implied covenants o�oali�ations shall be im�osed upon Trustee;
<br /> b. No provision ot this Trust Uee�shell require Trustee to expend or risk Truste�e's own
<br /> {un�s or atherwise inar any finanelal obligetion fn the perfortnance of eny of Trustee's
<br /> duties heroin, or fn the exercise of any of Trus�ee'a riyhts or pow�er�N Trustee shall
<br />_ _ _ _ _,____ _ have grounds forbalieving that essurence of the rep�yment oi such funds is uncerSain;
<br /> c. Trustee may consult with counsel of Tnastee's own chousing and the advice of s�ch
<br /> c;o��sel shall b�fufl and complete authorization end protectton(n rospect to any action
<br /> taken or surfered by Trustee hereunder in good taith and In roliance�pon such advice;
<br /> Trust Deed 6
<br /> ��:,�
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