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<br /> (p) If Truator ld not An Indfvldual,the lesuance,�?tle►,trt�nefer,e�6el�inmP�r•A,conveyanca or oncumbrance olmore than e tot�l
<br /> ol percent o1(i1 e corporAtlOn)It�IeauoA�nd outot�andfitp gtpc•h or(f9 a partnorahlp)a total ol pe�cent of
<br /> � �, partnerehip Intereste durinp the period thla Doed oi Truet remn.lito a Il�sro cm tha Properly.
<br /> " t2. R�rte�dlN;AceNarutkn llpon 6Nauli.In the evQnt of any Evert c�}Def•t::+!2l..Encler mAy,��Ithout nmllco except ns requlrt�d by
<br /> � la�v,doc9are all Indebtodneaa eecured hereby to be du[�and payabt�>e.nd t{��m e�me shell thereupon become due and payable
<br /> • wlthout�ny pveaontment,demend,protest or notice of�ny kind.Yhrr�fhtr L�a�!Vyr may: '
<br /> (e) Domand that Trualea exerciQe the POWER OF SAI.E praRh!d h�rrolh,and Truntpe shall Uhereafter cauae Truetor'e
<br /> Intereat in the Property to he aold and the procsedt:ta bo dletrib�st2d,e.11 Ir�Cio manner provided In the Nebreska Trust Deeds
<br /> Aa�
<br /> ' (b) Exercise eny and ell rlphta provlded for In r�ny of tho Lon�Ii�;�G•��urnnts or by law�pqn occurrence oi eny Event o} .
<br /> " Default and
<br /> ,;..��• (c) Comrnence en actlon to foreclose ihle Deed��1 Tnist as a m�rt�+rts�R��Apolnt e recelver,or speclllcelly entorce eny o1 thA
<br /> , s� covenants hereof. s
<br /> . No remedy hereln conforred upon or reserved to Trusts�a or Lcandor lo litt�tn�'+1�1 tu be exclusive oi any other remedy hereln,in the
<br /> . ' Loan Instrumenta or by lew provided or permitted,hut roflCh ehall bo C�emul��;+irp,shall be In additfon to every ather remedy given -
<br /> hereunder,In the I.oan Inatruments or now or hereafter+�xl6�ting e!I�w or In ec��.�l2f or by etatute,and R�ay be uxerclsod concurrontly,
<br /> Independently ar successlveiy. -����
<br /> � 13. Truste�.The Trustee may resipn at any time wi4hout cauov,and Le�9pr may at any time end withoutcause appolnt a ;a.:�'.
<br /> successoror substitute Trustee.T►ustee ehall not be It��de�Cu ony pnrty,InNu�i��wl4hout Ilmitetion Lende►,Borrower,Trustor or eny -
<br /> purchaser oi the Properry,for any loss or damage unle9�du�to reckle3s or wiilt'ail misconduct and shall not be required to teke any -
<br /> � action in connection with the entorcemont of thls De,od ol Truat unla3o ir��rnnified,In wridng,for all costs,compensatlon or ,;_;�:-
<br /> . �> . � expenses which mey be assoclatedtherewith.In addiur�n,Tru�tee mny b�ecar��purchaser at uny sale o1 the Property Qudlcial or
<br /> under the power,oi sale granted hereln);postpone thn sale of all or a.n.y Feu���n ot tho Property,as provlded by law;or sell the �_^
<br /> • `�� Property as a whole,or in seperate parcels or tote et Yrue�2ee's dlacr�zUcrt�. -.a
<br /> � 14. FMS and Fatp�nu�.In the event Trustee sello�#n�►Proporiy by vxerti�rm oi power oi sale,Truate�ehall be entitled to epply
<br /> • ,� , any sale procaeda first to payment of all costs and exF�ansos of exerclainp��as�nr of exle,including all Trustee's tees,end I.ender's ��`'
<br /> and Trustee's ettorney's fees,actually incurrod to oxte�it pormittod by a�plir.a.tdrt�law.in the event Borrower or T�ustoP exorcises eny '��
<br /> �-r
<br /> `� ", � right provlded by law to cure an Event oi Default,Len.tar shall be entldf;d tc�r�Fk:ovor trom Truator all costs and exPnenses actuetly r'`�=
<br /> @'' incurred as a result of 7rustor's defaul4 includ(ng wi+�hout Ilmitation ail Truu6t+�'s and attorney's teea to the extant permitted by ""
<br /> �M ;
<br /> aPS�IICOble laW. `r`-
<br /> tb. Fu�n Advanc�s.Upon requast o4 Borrowar�,Lender mc�y,at IM c�tion, make additfonal and tuture advances and re- —
<br /> - advancesto Bo:*ovuer.Such advancea and readvancect.wi4h Interest ther�on,a{�all Ce seoured by this Deed of Trust At no time shall �,''�
<br /> „ � the principel amount of the iradebtedness secured by►.fds Qood of Truot,natli.,r.:fuding sume advanced to protect the security of thla
<br /> Deed of Trust,exceed the oTS�lnal princlpal amount at-zted herein,or$ "��' whichever Is greater. �"'�
<br /> °' 16. MIseM{xf�ous Provbbns.
<br /> .�. (e) Bortow�r No9 R�I�ased.Extenslon of the�Cimo(or paymt3nt cr mc�ciificatlon oi amortization of the suma secured Dy this
<br /> — p���T.,�nt orantw�i hy I anriar to eny auccessor in interest of Borrcwer shall not opere4e to relee89, in nny manner,the Ilabllity
<br /> � ot the original Borrower and Borrower's successaru In IntoresG Lenciar a;�nll nat be required to comm�nce proceedings egainst
<br />. � eu.:h successor or refuse to extend timo tor paymr�,t or otherwiae mr.dii;r pmortizntian of the sums secured bytho�peed nf Trust
<br /> by reeson of any dementls made by the orlglnal porrower end Oorrov�e,r's succesaors in interost
<br /> (b� L�nd�r'�Powero.Without attocting the lfabflity of any otller�r�,rsan Ilabla for the payment of any obligation hereln
<br /> . ment(on�x�,and without aHecting the Iien o►chargi�of thls Deed of Tma:#u�on any portion tA the ProDerry not than or theretotore
<br /> relear>e�Di assecurity for thefull amoun4 alall unpa.�ci obllgatlanu,Lortw�r r,^,ay,trom time to time encl without notice(I)release any
<br />= person so liable,(Iq extend the maturity or alter arrf of 4he terms of any euch obUg�Bons,(fiq grant othar Indulgences,(iv)release
<br /> �j•�,, . or reconvey,or cause to be►eleaeod or reconvery�d at any tlmo at Lender'e oQtlon any parcel,porifon or ell oi the Property,
<br />__ (v)take or release eny otAer or additionel aecu.*ity tar any obllpntiort hereln monlioned,or(vf)make compositions or other
<br /> � . •• arrangements with debYOrs In relatlon thoreto.
<br /> .. . • . :�;;,,,';� (c) Forb�anncs by Nndu Not�Walv�r.tiny fprbearance by I.�nder In exercising any ripht or remedy hsreunder,or
<br /> ' "�-ti` otNerwlse allorded by applicable law, shetl no; bo a wAlver af or pnociude the exercise of any suCh right or remedy.The
<br />_ � , proCUreR'!9�!^��^a!�ran�a�r th?�aymp�t�t tarvc�or othe►I lena or chnrae�bv Lender shell not be a walver of Lender's right to
<br /> '��� ,L _ acceleraie the maturlty of tho Indebtedness seCC+roc1 by this Daed of 1'rust
<br /> _-- �. •--'-.:- (d) Succ�stont and Mslpns Bound;Joint asrid Sareral Uob11Hy;��ptbns.The covenr�nts end agreemenZa herein con-
<br /> tained shall bind,and tho rights hereunder shaEi inure to,tho reepoctive successora and assigns of Lender�nd 7rustor.All
<br /> �.` �', ,� covonants end agreeme�te oi Trustor shall be Jo:rit and severpL Th�t cAptions an�headinfls of the�saregraphs of this Deod of
<br />_ � � �� ;Y . Trust ars tor convenlence only and are not to be�usod to interprot a�r deflne the provislona hereof.
<br /> • � (e) RaquNtloP Notice.The par►�3s here4y r�uast that a copy a�f eny notice ot dofault herevnde�and a copy of any notice
<br />_ . of sele hereunder be malled to each party to th�:v Daed of Trust at tho address s�t forth above in the manner prescribed by
<br /> V'';1++��� � eqplicable law.Except 4or any other no�ice requirad under applicablir lau�r to�e geven in another manner,any noNce providod —
<br />-`,:��,{` :.�`..- br in this Oeed oiTrust shell be given by mailing auch notice by certiflod mall adclrossed to the other parties,etlhe addresa set
<br /> - . lorth ebove.Any notice provided for In thla Deeo mf Trust shnll be eBnctive upon malling In the manner designated herein.It
<br /> �:�b"�•�•. - Trustor Is more Ihan one person, notice sant to t^�o addruss set forCii above shall be notica to all euch persona.
<br /> :.ry -.«.. -i! ..
<br /> -aW •-:�+ � (Q (nsp�cUon.Lendor mey make or cuuse tc�be mac7o roASOnflble entrios upon end In3pec2ions of tha Property,provid2d
<br />,::.:-- "„y,,, � th�:Lender ahall give Truator notice prlor to an•�such Inspecdon specltying reasonable cause therefor relatEd to Lender's
<br /> . . yY, : Interest in the Property.
<br /> , ,, (g) R�convtrance.Upon payment of all aum3 socurad by thin Oecd of Trust,Lcndsr shgli requestTrusteo 4o reconvey the
<br /> Property and shall surrender thls Deed of Trustar.ct oll notas evidoncing lnd9btedness secured bythis Oeed of'�z�ist to Trustee. �
<br /> Trustee shall reconvey tho Proporty without wa:rnnry and wfthout charge to the person or persone legally entitled thereto. os-:
<br /> � Trustor shalt pxy"aH��63te�f YeBordation,if any. _
<br /> (h) P�rWaa1 PrOp�rt�r;S�cuNty AyrNm�nt.As additfonal securiry for the paymctnt of the Note,Truslor hereby grents
<br /> ,,,, " ; Lendor under the Nehraske Uniform Commorclal Uod�a cecurity inturest in ell fixturas,equfpmente�d othmrpersonal property '�
<br /> -=. . used in connactlon-vvkb�4hrReel e�tnte or Improvenicn4s located tha�eon,and no!o2herwisv declared or deemorJ to be a part of ��'`'-�
<br /> � : � tha real estate secured hereby.Thle instrumont shall ba construud as e SeCUrfry Agreement under sald Code,and tho Lander ��_�;Y`
<br /> „'��;:-,; ehell have ell the rights and remedles ot a secured p.�►ty under saict•Code in addltion to the rights and remedles created under
<br /> ,„-.:;;�� end accorded the Lender pursuant to this Deed of Yrusk provided that Lender's rights and remedies under thle paragreph shall , .
<br />— , 6e cumulallve with,and fn no way a limitation on,Lenaiar's riflhte and remedles under any offier secudty agreament stgned by
<br /> ' Borrower or Truator. � '
<br /> p) Llsn�and Ertcum�brenc��.Trustor hereby v�arronts and r�presents that there is no detault under the provislons of any .
<br /> -,--�_-.�-- - - , - mnrfnnrta dwad ff}truA! IMAA Of DIIfChAAH COIftfA[!d89CNblflO 8II O(tlIIV D3ft O�U18 PfOOBI'�V.O(OIF18f COTIVBCt.IflBtIURIBflt O( _.-_-,..
<br /> ._____. _-:_ _.__ - .._..p_o_•_'_' . ._ • . . ,
<br /> egreement constituting e Ilen or encumbranco agamst ell or an��part of tho Property(collecilvety,"Llens'�,existing fls of the
<br />_: dato of thla Deed ot Trust snd that any and all existing Lfens r�main unmodified except es dfsclosed to Lender In Trustor'8
<br /> —� wrftten disclosure ot Ilena and encumbrancea provided tor hon3ln.Trustor shall tfinely perform ail of Trustor's obligations,
<br /> covenents,representatfons end warr�ntlos under any nnd all exifiting and future Liens,sheli promptly 1�rward to Lender coples
<br /> , .. oi all noticos oi defauit sent in connection with any c+nd all exi�t�ng or future Liens,and shall not without Lender'e prior written
<br /> , , consent in any manner madHy the provisfons of or al(ow any futuro advances under eny existing or lutur�t Llens.
<br /> Q) Applicaton of Peyme�t�.Unless otherwlse roqyired by Ictw,surns pald to Lender here�nder,includingwithout Ilmitation
<br /> payments ol principal and intorest,Insurance procoods.condamnatlon proceeds end rAnts and profits, shall be applfed by
<br /> Lvnder to the amounts due end owing trom Trustor and Dorro4ver in such ordor as Lendar jn its sole d iscretion deems desireble.
<br /> -- (k) Sw�rab{Iity.If any provision of thls Deed ot 7rust conillcts with eppifcable law er Is declared invaiia or otherwtso `'
<br /> unenlorcenbte,such con111ct or invalldity shall not afi�ct tho other provlsons of this Deed of'Trust or ihe Note which can be
<br /> �� given eHect wfthout tho contl icting provlslon,and to thiu end the provlelons of this Deed of Trust end the Note ere doclared to be
<br /> &everable.
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