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<br /> � . . DCED OF TRUST �7—' • P��'s `�''�
<br /> ' 02-19-9�97 1��a�� '
<br /> � Lo�n Na (Continued) , �.
<br /> If31aF4T9 AND REKEItIF:9 Q�J OEFAI�Y, Upon Iho occunonco 01 any Evanl of Oefault end at any Iime Ihereutter,Trustae or L�ndK,at Il3 optlon, +� �
<br /> may exwClse ony one or more ol Ihe Io11owiny dphis and remedtes,In nddition b eny oth9r riphts or remedlos provlded by Iew: �
<br /> ! AtLNHM1oe upon WtsMdt; AQClllonal R�m1dNs. If any event o1 detauit occuB as per tha terms of Ihe Noto socurod h�rsb�,Londer mny , ...,.
<br /> � dacltn dl Ind6btedness s�cured by Ihls Deed o}Trust to be dua end peyabb�nd the aamo ehall thereupon become due�nm pry�Blo without r_
<br /> � �ny pras�ntrtNN,demtnd,pralnl or nolice ol eny ktnd. Theroatter,Lender may: ,
<br /> � (a) HIIMr In p�reon a by ap�nt,wllh or wlthout bdnping any 4ction ar procesding,or by a nc;Nvsr sppWnt�d by 4 C�ul and without
<br /> � rspard to Ihe adeqw�Y Q���s�urlry,enter upon end take possesslon of Ihe ProperlY�or anY P�rf�hxeo��!n Ils own nartwa ln Ihs nama _
<br /> of 7nnl�e,and do any ad5 ti�fl!ch it dc�ms n�s^ry or deslrAbie to preserve the value.m+a�ketabCity or rentabflity of lh� Prop�1Y�o►Part
<br /> I o�the Properry a�ntereat In lha PropertY;Increase the income hom the Properry a protxt the secun y of the Properiy;and,wili-�ae wltizou! � `
<br /> ; f�kln4 passess�on ol In�Property,sue ta or otht�rwise col!ecf t�e rents,issues end proflb of the Propsrty.Includinq Ihaslpset du�ind
<br /> unptld,and epply the sBmB, Iess costs and expenses of operatlon and coilecllon,Includinfl allorneys'faes,to eny Indebtcdn�,t actuW
<br /> ' by thfs Deed of Trusl,Qil In such order as Lender may determine. The enlering upon and ffiking posse�.slan of the Propsrty�the Cd�scHan
<br /> prsnveNrd�tes�eny acl dore�n�response losuch'deffi'uteor pursuaniCto such n�oflct+otedefa1ult;rand�notwit st8ndirq th�ton�nuan�In ,
<br /> I pps3esslon o1 Ihs Properry cr the co11ec1ion,receipt and applicatlon ot rents, issues or pro8ls.Trustee or Lender shal ba entiUod to .
<br /> exerckse overy rlph4 WoviWd tor In ihs Note or tf�e Rolated Documents or hy taw upon tho ocCUrrence of any event of detaW,Includinq the
<br /> rlpht to oxetcise tF►e power of sab; ,
<br /> (b) Commence en ectton lo foraelose thla Deed ot Tru�t as 8 mortqApe,appaint a racdver or speciflcelty enloree any ol Ihs covenants � ..S:rt.�i^°'�'�
<br /> • heteof;and -
<br /> (o) D�iv:�to Trur;oe ta vrdtten deNareNon ot defnult and demand tor safe and a wrltton noUce of default and eisctlan to ause Tnnta's
<br /> intonsi,l(.t�Proparly to he 6dd,whbh noCce Trustee shaA cause to he duly filed tor record In lhe approprlate ot�c�s d Ihe County►n . ..e.�_
<br /> � b IOGNd:md •„§r -•�
<br /> W�id�Vl�F�'bP�Y �`;,
<br /> (d) 1Nith r�pect to eN a any part of the Pe+sonal Property,Lender shell have�ili the rlphts and remedies of a sacu�d WrtY���� �:;},
<br /> "���.�`. r
<br /> � 1 NgprBSka UNtam CAmm9rcisl Cade. • '� • .4 '.. �
<br /> 1 F���py ppw6�WSaN. {t Londer elects to foredose by exerdse of 1he Power of Sale harein canl�inal�LandK ahdl nofiy Trust�e nnd `•` ,�.�:�-
<br /> ., k" . ..
<br /> a►u11 deppsit wit�Trus[ee Ihls Daed of Tn�st and the Note and such rocelats and evldance ot expenditures mtde and sxu��by thl�DNd ol �.� •�.
<br /> � ; Tntst�s TruStee rtwy rBQ�re. '°,�.,
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<br /> I (�) Upon recelpt of eu�h noUoa hom Londer,Trustse sha�l cause to be recerded,pub�lshed end tlNivered to Tnksta such rbtic�of DNtult • t .�
<br /> �-� , and NoUca of Sate�s��en reGu�red by law and by thls Deed oi Trust. Trusiee shel4 wftht�ut demsnd on Tnntor,l�Rar auch tlm�as msy ,
<br /> �hen be requlred byaw and eRer recordttlen of such Notice ot DetauR�nd aRer NoBce ct Sale haviny been piwn as roqUrod by kw,sell
<br /> ' ' �' 1�` � th�prppe�ty�t lh�e tlme Ind place of sa►e fixed by It In suCh Not�e of Saie,either ets n whole,or in soparat�lat8 a parcAs a H�ms aa .
<br /> , � Trustee shn11 d�n�expedia�t,and in such order as It may determino,at publ�auctton to the hiphest bidder tor cuh ln�wtul morwy of 7
<br /> the Untlad Stetos PtYaIDle at ihe tlme of s�lu. Ttustee shall delivAr to suc�purchaser or purchasets ttwreof Its 000d tnd su�AeMnt dNd or �
<br /> � I deeds conveyinp the propertY so sdd,but wiihaut any covenant or wartnnty,express or Imptled.TAe redtats�n such dek of�ny matt�e
<br /> � I or tacb shaA 6e coecluslve Proot of the trulhfulness thereof. Any person,inctudiny without Iimltn8on Trustor,Trust�e,or L�ndK,may �
<br /> l purotuse at such sate. . •
<br /> - � � (t�) p,y�ay pe�ys�M�¢d�y Inw,nfter detlucnrv,�aii casR,ioas arw n�Wo�"ab'.��T:�»'��°•�^}lh�a Tnnct,lndudlrb Cosb ot evld�nC�Of
<br /> � T�st or underntho I�e�ms o�t No not tF►en�repeld 1�I�itig�but n t�IlmAled to �acctued Ir�terest�d Iate c posh(U)atl otMr tu��n �+ 'k��JT i•
<br /> ` seC�u�d hereby,smd (IY)Ihe remalnder,If any,to tha person w persons lopnlry sn6Ued ther�to. �;�: i�
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<br /> ��'.,c � � �Q� Tr�stee m4y 3nlh�manner provided by Iaw postpono sa4�of all or eny portlon ot the F'ropertY• ��. , .
<br /> 4`�,..
<br /> p�»dNS�1ot puiusin, Trustee and Lender,artd each ot thom,shell be entitWd to enfaco�sY�nt and partormana ot NY��d�bNdnaa ��,:• °�L
<br /> i pr�Npayprq secured by thb De�d of Trust nnd to exerdse ali dphts and powers under this Daed oi Trust,undK tFN Nots,undv Rny of tt»
<br /> � Fi�lat�d Oocumonls,or uneAr any other agrogment or any laws now or hensller In faee;nofwiths4ndirp,some or NI of sudi �nd�bMdn�es �',k':
<br /> ' ' .� a��p�tlq���d by q�s Deed of Tru34 may now or hereatter be atherwise seourod,whether by mafp�p�,dMd of inrt.PNd��Ysn, -
<br /> Q � ass4pnmenl or otl�erwtse• N�Ihet�he a�eP�artce of thls Deed of Trust nor fls entacement,whether by court�cHan a Furtwd b th�pww►of �r;;���
<br /> � saN a other powers co�t�tned In thh Deed of TruSt,sha11 preJudlce or In any manner atfect Trwtee's or Lendee'e rfpht to rs�Nneup on a
<br /> I �niara any otha s�cu�N � a��fter h6id by Trustea or Lender.R ba�0 aqrwd that Tntsteo and Lsnder,and MCh d M�m,th�l b� {f, •
<br /> ' � , entlWd to enfora thee D�ad at Trust and any other security naw w hereatle►held by Lender w Trustee in suah ordK and rnnrnr as thW or �,: '�!a--
<br /> .v ; �ittwr of thom m�Y in Ihe�r�bsdute discredon dotarmine. No rome�y conterred upon or reserved to TNStM or l.�nder.b Ints��d�d to b� t� ���.. �.�
<br /> � � �XduslvY o�aJ►ll ah�t ro�nedy�n ihts Deed of Trust or by 18w provlded or pefmltted.but e�ch sh�N bs cumutatlw and shv be �n addHbn ta ��._,-
<br /> � •,1 ��y�t�er remsdy¢iwn io IhVs Deed of Tnut or now a herenROr exFSUnp at law or In equlty a by sUtuts. Ewry Dow�r o►�s^rdY 0��bY the
<br /> �„ r; �{ NoN or any ot th� Ralttad Documenb to Tru�tee a Lender or to whbh eilher of them may ba othwwfse snlid�d, rtrY e�.x�rc�a, �r+;:_ __
<br /> � ,.�'ir•�—
<br /> Concurnnity or Independenty, irom tlme to flme end es otten as may be deomed e�Wsdient by Trusfao a lond�r,and MIIMr of ttwm may _,`M1AN,''.
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<br /> ,.�,`. , `' �N p�����nsia►M1 remesibs. Nothinp In thls Deed of Trust shall be construed as prohlbirirp Lendsr Nom ssNclny a de6cloray ludCment �a,_—
<br /> '.,,:,r;.,' '„ �gafnst tM Trusta to the exbnt such ac8on Is permiried by law. '��+�;°�'"
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<br /> �,'� � �'.± q�qwst For Nplkk�_ Tnssta,on trehalt ot 7rustor and Lender,herebY requ0sts ihat a copy ot any Notk:e of Dahutt�nd a oopY of any Norice ri�,�_Ar �.'`11 _
<br /> � A''�; of SaN under thb Daed cf Tnist be malled lo them at the addrosses set forth In Ihe flrst paragraph of this Deed o}Trust. ,
<br /> 1NUvK;ENc31on o!A�bias. A waiver by ar�y pady of a breach of e provislon of thls Dead ot Trust sh�ll not constiluN �walvar ot or .�;-�__.�_.
<br /> � �;:,l �,,;-, -
<br /> K, .. �ry�p�y�s dphta olherwfse to demand sMCt compliance with thit provision or any other provislon. ENcHon by L�nd�r to ptxsu�any . �_����
<br /> ;� �� �Bmedy provi�d In thb Daed of Trust,the Note,fn any Rok►tod Oxument,oa provided�by law shal not exdude pursu►t of any ott�rom�dy. ";.;��.�•- _, �_--°
<br /> and Rn oMcdon to m�k�e�enditures or lo fnke acNon to pertorm an obllpoHon oi 7rustor a Barowrr undor this DMd of TmaZ dtK tallur�of '�
<br /> T�p�a B�ow�r to p�riprm shtU not aHect Lentter's rtght tn declnre a dNauR and to Axsrcfse any ot Its ram�dl�• ,
<br /> ��n�yi�FN�;Ea�Ntot1� If Lender Ins6tutes any suR or acNon 4o eniace nny ot the terms ot thb Da�d���,«�N������g . ,
<br /> wcover such sum as Ihe court maY adJudpe reasonebte as attomeys'f�s at triat and on any eppetl.
<br /> ��Y����pM axpensas Incurred by Lender which In Lender's oplMOn nre neasso►Y at any tlrtw for tM protedlon d Its Int�t or tha .' ;�
<br /> sMacertwnt of�b ri9hb Stul become a Put ot the Indebtedness paY4ble on d�mand and shall bsu interost at tM Not�nM from tM tkt�Of ,
<br /> s�ndiluro until repald. K�enses covend by ihis ptnpraph Inciude,wlthout IimMation,hov�ever subject to�ny BmHs undK appllabb lew, '+;;,,,:;.
<br /> ses
<br /> Londer's atlorneYs' fees Whel�a not the�o Is a Ia+veuit,inciudl�attomeys'fees fo►bankruptay proceedlnQs(Indude0 eAO�b t0 moditY a .
<br /> vaeata any autom�tic staY or InJuncflon),appoe►s and any antic pated posl-judyment co�fecdon seMcos� the cost of aenrChinp reCaC�s, ,'•• : . ,
<br /> obtYlNnp dtl�roDorts O���np loreClosure reports)�surveyots'reports�aA�ralsal tees�tirie irtsurBnCe�dnd fees for lhe Trustee�to tM ax�ent , ,.-
<br /> .yi
<br /> � p�rtt�[{ted by epplicsb's IBw,T�ustor also v+Ai pey any coud cosis,in add:uon to ell other sums provided by w. .
<br /> Ri�lt Ot T�siM• Trustee staN 1►UVe al�ot the rights and duHes of Lender es set forth In this seCtton.
<br /> ppyyLpB A11p OB6IQATIOWS OF TRUSTE'�. The toYowinB provlatons re�aUnq to the powers snd oblpatlons of Trustee are Put of thb De�d of
<br /> � Trust.
<br /> � ! ��p}�q�s, In edd�tlan to ail powFxa of Tivstea arl5lnp ns a rratter of law,Tn:stee shtli hnve tFw power to toke th�foNOwinp actlorts
<br /> . urtlh racooct to Ihe Properry upon the wrtftan roqt+ost of Lender nnd Trustor. (n)Jd uln pQrep��Ka��tl�� n��do t�Itw R�YI Propsrtfr
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<br /> II'1C�UdifIQ IhB d2d1Ci�Of 5h'E1815 Ot O1t1Y��tiS to ttw Pwm:� ivr���.�•�r�•••..,,.,..,---_..-- - - �-—_-_-_:-
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<br /> � end (a)Jdn in any subordnatian or other agreemer�attecting this Deed o1 Trust or th0 lnterest of Lendw undxr thfs ONd o�TrusG .
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<br /> yntqM, Tnntee shap��ap Q�iffcaUOr►s repulred tor Trustee under app�icabfe law. In addinon to the r�flhb and remedQS sat torth nbova,
<br /> wNh nsp«.�t to�I or mY Dut o�the Prop�Y��ha Trustee shell have the dpht to foreciose by notk�nnd sele,and L¢ndar shd tuve lhe rqht to .
<br /> - }orecFOSe by judicisl laec�osu�e�In elthe►case�"acCadance W��h and to the tull extent proNded by npp��cabie tew• • •
<br />� ��s�o�TNqe��.Lendx.et Lender's opHon,may hom tlme to ume appdnl e successa Tnrtee to any Trustee appolnted hereuntfe�by an
<br /> Irtstrurn�nt execut0dmd�cknowled0ed by Lender and recorded In thn ot�cx ot the recader of Htll County N�braska. 11� instrumsnt she�l
<br /> conLln,In ad6tlor�10 All o.her matters requlrod by stnte taw.lhe names of the orfflina�Lender.Trustes,and Trusta,the bodc and p�pe(o►
<br /> computx system nekresical Where 1hVS Daa�!of Trust Is recadad.ond the name and eddross of the si►ccossor trustoe,and�w InstrurtNnt ehaN
<br /> bs executed and nckn��Med$od by ali the benefl�tules under the Daed ot Trust or Ihelr successors In Int�rest. The st�ceessor trustse,wfthout
<br /> � convsyanc:e ol Ihe� P�oP�Y,5���s��to ell the title,po�ver,anA dutbs C�nfertad upon the Trustoo In thls Ueed of Trvsl and by appNCtbN
<br /> � �W, T►dy procedure lor substltutlon ot hustee shall qovern to ihe exduslon of tlf otM�r proNsiona fa substilution.
<br /> �T��Tp��JgT(ap ANp pTilER PAATIES. Any noliCe under this Deed of Trust stwtl be In wrltirp,rt►�Y b4 te!�I�Y NI�tmIm�N,nnd shall ba
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