|
..m.�. ��,u�.�......�..��...._ _______ ._ _ �
<br /> . g�w, �769 �
<br />-. procoodl��J 1� whiah DotloPlolaey ox TruoCoo may nppear. Bhauld Truntor fa�l to -��— �
<br /> mako nny. Psymont or to do any aat ao and Sn tho mannor provided in any o£ tho
<br /> f,oan Inmtrwnente, Oenefialaey and/or Truetee, oeali in iCa own dinoceL•ion,
<br /> wlthout obligation, may mnlcu or do tho ear.�e in suoh niannor and to ouch oxl•ont
<br /> us_ eithex mnY daem naceasaxy L•o pr�taot the eecurity hoenoP. Truator ohall,
<br /> lmedlately upon dwnand thorofor by Benefiaiary, PBY All coste and oxponaes
<br /> lncurced by Sanaficiary in conneotion eith the exercian bY Ronoffciary of tha
<br /> fore9oing righte, inaluding, without limitation, coste of evidence of titlo,
<br /> court coste, apprainalo, aucvoya and al•tornoy's Paos. Any such coota and _,__
<br /> oxponeos not pnld within ton (10) d.aye of writtun decvxnd ehnll draw intoruot at �-._
<br /> tho doPnult rato providod in the N.�te. +�^4-.
<br /> rxr.';-:
<br /> SNBNT DO?u12N. Should the Tru+t 5state, or any parC L•horeoP or $��`-`�`-
<br /> 5. 1'!'� �!?-
<br /> Sntoroot thoxein, Ce t�t'-xn or da.-�ged by reason of any public impxovomnnt ar �,__
<br /> conde:nnation grocaecliag, or in any other manner 3ncludine� doed in lieu of {:__
<br />- - Snfoeratlon�rEg�ing s ch proaeoding�T ust rsshull give�pxanpt ritt nrnotice =_
<br />� themoE to [ieneficiaxy. IIenoficiary ahati �� entitled to all co:�ponsatiort __.
<br /> aututs apd other paymant� or raliof therefor, and shall be ent.itled to reake any —
<br />� compromiae or sottlement in conneotion with such taking or damage. All such —.
<br /> . co:cponeation, as+axde, dnmu9os, ri9hts of action and pz�ocoede awarded to Truetor �•_--
<br /> - (the "Proceeds"y are hereby assigned to Baneficiary; and TYUeCOr agreea to �:=�
<br /> oxecute auch Eurther assi�.�nente o£ the Proeoads ns E�nefialary or Trvetee ray ._�i_��-,_-
<br /> �.'.'
<br />- - require. r§-:,�,
<br /> �_::::
<br /> 6. APPUIUTNRNM OF US CC69803 TRUSTBB. Beneficic�y may, from tima to tine, �___.
<br /> - by a writ en inatcument oxecu ei and acknowledgod tr�r 6eneficiary, mailed to �.._.
<br /> Trustor and recordea in the County in Which the Truat Eetate Se located and by �,,,,:
<br /> othon+ise complying with tha provlaione of the applicable law of the Stute of n;,,_
<br /> Nebraeka substitute a succosaor or succaseore to tho Trustee named herein or ��.__
<br /> acting hereundor. ti���
<br /> ��,..�.
<br /> �� 7, SIICCESSJR9 D AS9IaNS. This Doad of Trust applioe to, inuroe to the =__ -
<br /> uoneiic oc ai��0��= _ PaK:a� here!'o, rryAir }��ira, leaataes, dovis¢es, __--
<br /> peraonal raprosentatives, eucaeusora and aseigns. The term "6eneficiary" ehall '?r"-
<br />- mean tho owner �nd holdar of the Note, whather or not nomed as Oeneficinry «�.:-
<br /> oe:;.
<br /> herein. �_.
<br /> �,-,
<br />- 8. iHSPEC:�IONS. F3enoficiery, or ite agents, repxosentatives or worknon, ,m;,_
<br /> are authorTzed to onter at any caeaonablo tir,:e upon or in anY part of thu �y;.��
<br /> Truetee Bstate for tho purpose of inapecting the eamo and for the purposo of u;_.`--
<br /> performing any of the ucts it le authorized to porform under the torms of any F;-:_
<br /> of tha Wan Inetrwnonte. �"`-
<br /> s..:..
<br /> �4;f;..
<br /> 9. aVC ie OF D6FAULT. Arty of tho followinq evonts shall Ue dear.:ad an ='�-�'
<br /> rii;_
<br /> evont of doPAVlt I�ereundor: "�="'
<br /> Y.:.:
<br /> - (o) T1RI6COY she11 have fflilod for a poriod of ten (10) daya to mnke ��:,;;a
<br /> � payr.:ent of nny inetallment of interent, principal, or princlpal and interont or �,�,y;:
<br /> any other sun �ecurod hereby when duo; or, �"'`-'
<br />, {b) Thore hae occurred � broach of default under uny tern, covenant, {�{�:_
<br />.- agreer.,ont, condition, provieion, ropreaentation, or waccanty contpined in any e�'L-:__
<br />= of tha Loan Instrw�ents. yc=.�
<br /> 10. ACCHL6RATIOH UPON DEFAULT MDITIONN. RCI3EDIES. Should an event of ��1�`_
<br /> dofunit occuy�r, Benet'�c ary n¢y ec aro a n e te i:ess eecured hereby to be due r�,,'.:
<br />_ und nnyt�ble, and the saTe sho.11 thereupon become due ond pnynblo v+ithout any iF�:=�-
<br /> -. presentrent, dz�nand, protoat, or notice of any klnd. Thereafter the Beneficiary N�::.�.
<br /> c.-
<br /> r�ay` F�`;-`-
<br /> (a) F.ic!�ar in person or h�r agnnt, with or without brinc�in9 nny action or k,:vw.
<br /> procoeding, or by a receivor agpolnted by u Courc and orithout regar<7 to the �.
<br /> nde<p�acy of its secmdty, enter upon nnd take poaseseion of the Tivsc Estate, �}s�.'
<br />= cr eaY Part thoreof, in 1ts orrn name or in the name of Truatee, and do any acta ``
<br /> :�:::: it deems necessary or desireble tc preserve [he vnlue, narketnbility or t�.e:'��.
<br />= te:::abillty of tho Trust Estate, or part t.`.areof or interest thereia, increase ��,�---
<br /> rµ,-.
<br />- the lncor.�e tC_refrom or protect c*e secux_:y "r.ereof, nnd with or witT.oat taking , :�
<br />'` possession cf the 7rast Estate, s::e f^r c: c:T.erscce collect the re:.cs, :ssues '�;;<:
<br /> = and profits thereof, including cr.oce par•� d::e a::i ;:r.raid, and applp [he �a�e, •�
<br />�- less costo and exponses of opera:�on and ccilectioa, including attorney'c fees, �:-. '
<br /> - upon anY lnde6tednuea secured 7.ozeby, all ln sucn order as Eoneficinry nay ��:'-..
<br /> ..��.... oi... ..f rhn -ru�t Ec[flte. [he t..
<br />- deiocmins. -ne v��te2i��y ;:i.:.: :..:. i,..._..� ^=_-'-- --' -- --- --- - - -
<br />-- collection of sach rents, I�suec�and profits�end che application cnereof ¢s
<br /> - aforosaid, shall not cure or xaive any defeul[ or notice of defuult Lereunder �=�_ -
<br />:= or lnvalidate any acG done ln response to such default or pursuant to such
<br /> = notico of default and, notwithstanding Fhe contirmancu in posaesslon of Che �'��
<br /> ' Txust Eetato or the collection, receipt and application of rents, issuos oc [,._
<br /> - profits, Truateo or 6eneficinry shall be entitled to oxercise every rlght
<br /> _ provided for in any of the l.oan Instrwnents or by laa upon occurronce of any
<br /> uvent of default, including the rtght to exercise tho power of salo;
<br /> �: ,
<br /> '.
<br /> = �:
<br />
|