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<br /> � • (p) If Trwtor I�not an Irtdivldual,the Iseuance,sale,tren�fe�,eddpnmen4 cor,veyenco or encumbrance a�ore�in a total • L` `��
<br /> of percent ot(It e corporutlon) Ite leaued and out�tandinp stoak or(If e partnerehlp)e totel of_ p�rcent o1 •�
<br /> partnerehip Inteieate durinp the perlod thia Oaed o4 Trust ramalne a Ilen on the Property.
<br /> 12. R�fi�l�r,AGeNMrYt�n Upon fiNoult.In the event of eny Event of Defeult Lendor may,without notico except ae roqulred by
<br /> law,dectare sll Indebtednoae secured heraby to be due end pnyeble and th�eama ehetl thsreupon becomo due end peye�blo
<br /> wlthout any preaantmcnt,demand, proteat or notice oi eny klnd.Tf�ereefter Lendor may:
<br /> (e) Demand thnt Truetee exerclse the POWER OF SALE Qrahted hereln,end Truatea ehali lhereeRer cnute Truatar'�
<br /> Intereat In the Property to be sold end the proceed�to be dlatributad,ell In the manner provided In tho Nebrnnke Trust Deede .
<br /> Act
<br /> ' . (b) Exorcico any nnd�II ripht�providod tur In nny o}tha Loan Inatrumente or by lew upon occurrence o}any Event at , '
<br /> , Deteult;end
<br /> �.. (c) Commence an action to forecloae thia Deed o1 Truat as a mortgaye,appolnt a recelver,or npeciflcally enforce eny ot the '
<br /> _cro
<br /> ,::F� ' covenante hereot. •
<br /> ' �� ,,,�,� No remedy hereln conferred upon ar reaerved to T►ustee or Lender 18 Intended to be exclusivo of eny other remedy hereln,In the r '�, ,,
<br /> loan InstrumenW or by iaw providc+d or permitled.but each shali be cumulative,shall be in additlon to evary other remedy piven
<br /> hereundor,In the Loan Instruments or now or horeafter exlsting a1 Iriw or in equlry or by atatute,end may be exerctsed concurrently, '
<br /> IndeoendonUy or successfvely. . .... ;::'-:�'�
<br /> 13. Tn�alao.Tho T�ustoo may rosign ut any time without cnuss,and Lender mAy at any tlme and without cnu�e appolnt a � '"���
<br /> succesaor or aubstftute Trostee.Truatee shatl nol be Ileble to eny party,Includinp wfthout IlmltaUon Lender,Borrower,Truttor or any �<'�=`ie^=��
<br /> purChaser oi the Property,(or any toss or damage untess due to reckles�or wtUful mfsconducG and ehail not ba roquired to take eny �' '�`�°
<br /> actton in connection with tho entorcement of lhis Deed of'Tru9t unldss Indemni(led, In writlnq,for ali costs,componaation or ��"�_"'"-"
<br /> expenses which may be associeted therewith.In addltion,Trustee mey becomo e purchaser at any eale of the Property QudiCtal or `�'�1'� �—
<br /> ��[M,f.c...
<br /> ,, under the power of sale granted herein);postpona tha sale of ail or any portion ot the Property,us provided by law;or soll the .:�,,.;.;::•••s
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<br /> , ,o. Property es a whola,or in separete parcols or lots at Truatee's discretion. __=,--._--__
<br /> „ 14. F�and Exp�►fM.In Ihe event Trustee sells the Proparty by exercise of power ot saie,Trustee shall be enUtted to apply ��;�:;:.=�
<br /> any anlo procerds first to payment o}all costs and e�xpsn_ee of exercleln6 po�xer of ssle,Including ail Trustse's tees,and Lende►'s r�-
<br /> and Tru3tee'a attorney's fees,actuaity incurred to extent permitted by applicabie law.ln the evant Borrower or Trustor exorcises eny w i�,�'�r
<br /> . � ��,.-�.—
<br /> right provided by law to cure an fivent of Detault,Lender shall be entitled to recover from Trustor all costa and expensea actuelly Ax _
<br /> ' Incurred as a result of Trustor's default,including wlthout Ilmitation eil Trustee's and attorney's fees,to the extent permitted by ���r�-.,::.
<br /> . ' epPllcable Iaw. �':4.'"�''
<br /> ' '� 15. Futur�Advanca. Upon request of Bonower, Lender may,et its optfon, make additional and future advances and re- -- _ —
<br /> ,;.� , advances to Bcrrower.Such advances and readvan�es,with Interest thereon,shall be secured by this Qeed o}Trust At no Nme shali —_____
<br /> • the princlpai amount oi tha indebtedness secured by this Deed of Trust,not i cludin su s advancad to protect the ser,urity ot this —
<br /> , Deed ot Trust,exceed the or�gina) principal amount stated hereln, or S whichever(s greator.
<br /> 16. MistivN�n�ous Provlalon�.
<br /> • � (a) BoROwra Not R�u�d.Extension of the time tor payment or modification of amortizetion of the 8ums�ecured by this ��
<br /> Deed of Trust granted by Lender to any successor In interest of Borrower sl�all not operet9 to retease,in any manner,the Ilability �—
<br /> 01 the original Borrower and Borrower's auccessors in interest Lender shalt noi be required to commence proaeedinga againat
<br /> auch successAr or refuse to extend time for pay�nont or otherwlse modtty amortiaadon ot the sums secured by this Deed of Trust
<br /> by reason of any dema�tla made by the original Borrowe�and Borrower's succassors In fnterest
<br /> (b) L�d�r'�F�ow�n.Without Alfecting th�Ilability of any other person liabte tor the payment of any obligaUon heeein
<br /> �;'r`• memloned,and without aNecting tha Ilen or charge of thls Daed of Trust upon any portion of the Property not then or theretotore
<br /> �• releassd as security for the tuli nmount of all unpald obiigatlons,Lender may,from time to Ume and wtthout notice(i)retesse any
<br /> " pe�son so Ilable,(ti)extand the maturiry or alter any of the terms of eny such obllgations,(III)grant other indulgencea,(Iv)rolease -
<br /> or reconvey,or cawae to be reteased or reconveyed at any time at Lender's o,qtion any parcel,portion or all o!the Propenyr,
<br /> " (v)take or rolease any othar or additlonel eecurity for any obligation herein manUoned,or(vi) make compoatNona or other
<br /> �.,, , arrangements with debtors In relaUon the�eto.
<br /> (c) Forb�araec�by L�nd�r Not a Walrer.Any forbearen�o by Lender in exercising any right or remedy hereunder,or
<br />-" �, otherwlso attorded by epplicable law,shall not be a waiver o1 or preciude the exercise of eny auch right or remedy.The
<br /> � procurement of Insuranca orthe payment ottaxe9 or other Iiens or charges by Lender shali not be a waivor of Lender's rightto
<br />-� � accelerate the maturity ot the indebtedness seaured by this Oeed of Trust
<br />_�,":.;..�x . (d) Succ�saon ond At�ipnt Bound;Jolnt�nd Sw�nl L�aWINy;Captlor�s.The covenants and agreemente heroin con- �-
<br />_- --"R'�%�` tnined shail btnd,end the rights hereunder shall Inure to,the respective successors and asstgns of Lender and Trustor.AII
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<br />- "�' ��'r i covenants and a reemente oi Trustor shall be jolnt and several.The ce tions and headin s o}the para rapha of thls Deed ot
<br /> , .;,�.;�• 9 P 9 9
<br /> ``��'�+�' Trust ere tor convenlence only and are not to be used to interpret or define the proviatons hereot =-
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<br /> °����?':���4�s (e) Rpu�st fa Noticn.Tho parties hereby request that e aopy of eny notice of default hereunder and e copy o}any notice _
<br /> - � �' �'� ' of sate hereunder be mailed t�each party to thla Deed at Trust at tha addrpsa set forth above In the manner prescribed by ___
<br />��r�'' �� ��' applicable law.Except tor any other no4lce requlred under appllcablo law io b�givon in anoiher menner,any noUce provided
<br /> -/`:,J�w�ni..�. .r
<br /> _ -,, , ;. for in this Deed of 7Yuat ahall be given by melling such notice by certl8ed maiJ addrossed to the other pa�ties,at the address sat °--
<br /> ,��;��.;:;:�",, forth above.Any nalice provided tor In this Desd of Trust shall 6e eftective upon meiling in the manner designated hormin.B _-
<br /> -. � Trustor la more than one peraon,notice sent to the address set 1o►th above shall be notice to ali such persuns.
<br /> �,�3i,.�=:�r` (� Insp�ctlon.Londer may make or cause to be made reasonnble entrles upon and tnspect(ons of the Property,provided —
<br /> °°_,:�°i�". that Lender shall glve Trustor notice prlor to any such Inspectian specityln9��asonebte cause therefor releted to Lender's =
<br />.�T�y. •-•-. interest in the Properiy. _ —
<br /> _- �'�'"'�" (g) R�conv�yanc�.Upon payment of ell sums secured by thls Deed of Yrus�Lender shatl request Trustee to reconvey the
<br /> �:.• T�... . —=----
<br /> ''":7?'`��� � Propertyr and shall surrersder thla Qged of Trust and all notes evidencing indabtedness secured by this Deed ot Trust to Truste+e. ���..�-_-
<br /> � �����%•%;;r�. Trustee shall reconvey the Proparty wtthout warranty and without charge to tho parson or persons tegally entlUed thereto. =�=--===`
<br /> •��;i���r ' Truetor shall pay all costs of recordatlon, if eny. "'�"`'�"'L��'
<br /> '�' � ��. ' (h) Pw�tonsl Prop�rty;8�cudt�r A�r�em�nL As additional security tor tt�e payment of the Note,Trustor hereby grants � --
<br /> Lender under the Nobraske Un(form Commercial Code e security Interest In all fixtures,equlpmen�end olher personat property =---
<br /> � used in c�nnectior�with the real estate or improvem��ts Ioceted thereon,ancl not otherwise declared or deemed to be a part ot � ____
<br /> the real estete secured hereby.This Instrument shell be construed as a Security Agreement under said Code,and Me Lender " =
<br /> '•'`t . shali have all the riphts and remedles of a secured party under sald Code In addition to the rights und remedles croatom under ���
<br /> and accorded the Ler.der pursuant to thls Deed of Trust provlded that Lender's rights nnd remedles under this paregraph aheil •'�`'``�-= --
<br /> . "':�.�::._
<br /> be cumulative wlth,enci fn no way e Ilmitatlon on,Lender's rights and remedles under any other secur(ry agreement signed by �•��•.t,.�:._
<br /> Borrower o►Trustor. '�"x''�`•
<br /> . .s.�._.
<br /> (I) Ll�m end�ncuaa�rantN.Trustor hereby w�rrants and represen�ihnt there is no do}ault under tho proWslons of any •• ��•
<br /> mort a e,deHd of trust,lease or urch�se contract describin al1 or an � f:''"`•��
<br /> g g p g y part of the Property,or other contract,instrumont or ' ,,�.,-,�
<br /> ��• agroomont constituting n lion or encumbranCe agnin3t nIl or any part of tho Proportyr(collQCtivuly,"Lions"),oxlsting 3s of the "
<br /> ., ..,.
<br /> date of th(s Deed of Truat,and that eny and all existing Liens remain unmodified oxcept as disclosed to Londor In Trustor's "�
<br /> - - writton disctosure ot Ilena and oncumbrances proWded tor herein.Trustor shalt timety pertorm ali of Trustor's obt(geUans,
<br /> , covenants,reprosent3tions and warrdntlea under any and ail exlsting and future Llens,shalt promptiy torward to Lender coplos ,
<br /> � of ali notices of dofault sent In connection wlth any end all vxisting or futuro l.tens,and shall not without Lender's pMor writton
<br /> consent in eny manner modlty the provisions at or allow any future advances under eny exlsting or tuture Llens. '
<br /> Q) Applicaton of Paym�nb.Unteas otherwise requlred by law,sums pald to Lender heraunder.Including without Ilmlta4lon
<br />_ payments ot principal and Interest,Inaurance proceeda, condemnatiQn proceeds and rents and profits,shali be applied by
<br /> Lender to the amounta due end owfnp trom Trustor and Borrower In euch order as Lender in fts soto dfscretion deema desimble.
<br /> � (k) 8avlrabfifty.If any provision oi thla Deed of Trust contllcte with eppilcable law or Ia declared Invnlld or otherwise
<br /> unenforceabto,auch conllict or Invalldfry shall not affeCt tho other provisons of this Deed Af Trust or the Note whlch can bo
<br /> ; plvan eNect withou4 tho confltcting provislon,and to thla end the provislona o}tl�is Deed of 7rust and the Noto are dectarod to be
<br /> severable.
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