|
... •,'�� .;.;..r.""�.r.::�'..;'
<br /> . .- _ ,:.,.,. . ;.,�� ��._„�.��.�.c:-'-`°x,;;-
<br /> {•�.�•,e .. . ;.-a,�A._.�. ' •, :+��e�:----
<br /> /!�4'ilMF?' ��'��.Yr/ . :1(�d`% ^'t. .s�4i �rw ti�+�%ti' ��',_'.;u.,:_a�. I �._;Zi.:���_ ..._ '_-- — --
<br /> . �{,�l.:R+SKt�7C��F• .. . ._.—_.
<br /> ' � �ww� `-
<br /> ' �$"' ill�aibl _
<br /> (BI Any tellura on the pert of ths TruRtor to maet the repAyment term� In rsspect to the Loen Agreemant end any
<br /> other edvances under thls Deed At Trust hereby eecured; and,
<br /> (CI Any actlon by the Tru�t ulrad bibthe Loan Ayr�iement or th�eD edrof T un t�each of which Truetorrherebyleg ee:
<br /> tho Trustor to aat e�nq Y
<br /> hnve en edveree effect on the Beneficlery'e security for the Ilne of credit e�tablluhed end thA rights ot t e
<br /> Beneficlary In such�ecurity, �
<br /> end upon the heppening e'LA Truates of w�ftten dacleratlonf lof def�It Thls Trusltes,ehall heve therpowerr of eele of
<br /> dua and payablo by del
<br /> the Property, end�f B°�ocumen e evidancing expendituro�securod heireby end hall deliver to Tru�tee a written natice
<br /> promisaory notea end
<br /> of default and electlon to ceuae the Property to be iold, sn�i the Truetee In turn eliell p►epere e notice in the orm
<br /> requlred by lew, which ahell be duty filed for record by Tru�tae.
<br /> IA1 After.'the'Jep�e of�suc��c��f BoI havingQbeen piven a rsiquired byelew�Truaitee�without dem nddonpTrus ord,
<br /> notice of det�ult+Ind.
<br /> phall•s��l•the Pr�o�pe►the purch se price peyeble in lawful money ottthe United Stateafet the timeboif sald!�The
<br /> the higheat b �
<br /> pers�n condu i t d nde lneevery auch cese,�not ce of poatponen ent ehall be gfven by publ ctdncle et on�the+eaf,
<br /> shell be comp
<br /> by such perbenond the,dey dA g'net d sn the�noticefof sele6 niotic tho cof shell 9be ��ven int he eemelmennar as
<br /> onalll dey Y
<br /> the or�g�n��th ut ndy covenent or walrrenty,�exp ess olr impl ed eThe recitale f��the deed of any matt�as o�ectn
<br /> sold,but
<br /> shell be conclusive praof of the truthfulness thereof�the Tpuatee shall applyg he proceede�ot the aele ta peVmant�
<br /> (g) When Trustee aells pursuent to the powers he+rein,
<br /> �s�►,R r.osts end exnensea of exercfsing the power of sele end of tha eel�ev in�p�udhp8fnh owinp emounthb s d upon
<br /> feea ectu�lly tncurred, whlah Trustee's tees snnii noi in iiiv ay�r;,�z� ...:_--- _-
<br /> the amount eecured hereby end remeininp unpaid; 6 percentum on the first 01.0 0 0 t hereof, 1 percentum,on.the
<br /> �¢ien�p thereaf gnd then to the Items{n aubperagraph(C) in the order there statad.
<br /> (C)Aftor payin9�a aelerff the sele is pursuant to jud cla�l foreclosure i the{proceeda of ele�shell be applled in the order
<br /> of torecloaure a
<br /> steted ta the payment of: �^M^^^���,�n ���^�„�� In connection with such selt�and of eny ravenu�a stamps;
<br /> {�) �.00L UI qtly oVtuvu�...... � r
<br /> (��� All sums the secured hereby;
<br /> (��q The �emaind�r, if eny,to the person legelly entitled thereto.
<br /> 13' �� �lon�a�of h e Deed of Trust, and Trustee aihell not be'Iglable e cept�foathe pelriormence orf uch dut es
<br /> the express provla
<br /> end oblfgetfo Noe�ovlsionscfof thls Q ed f Tr atishell equirs Truetsa to expand o briaktits own fu ds or otherwis•
<br /> Truatee; Ib) P
<br /> incur eny finen h II he ge tio�nu�a fQpe�°eving thet the repeYment ofhsuch funds or edeq ets indem�tY 9alnst�iuch
<br /> or power, if it s 9
<br /> riak or Ilehil(ty�s��ell be full e1nd complete ieuthorizetion and protection itn the e pect ot�ny ac�si�ken�ohsuffered
<br /> of such counael sh
<br /> by ft hereundsr i��fevedab hit tu beieuthoriz d or wdit in the dieaaletlon�oer��hte end powere co f�rred `upon ft�by this
<br /> and reesonebly be Y
<br /> pe�d of Tru�t.
<br /> 14. Additiond S�cudty In�t�um�nt�. Trustor, et its expense, will exacute and deliver to the Truetee, prompt y
<br /> upondemend. f the Pro ertyl conveyed by ihis Deed of TrustYwhich secur�ty inst umants 4hell beeaddition I securityl
<br /> covering sny o P
<br /> for Trustor's nalt roumisaory notes secueeld herebyt nd eny othsaaecurity n t uim nt�x c'uted fn onnectio,ntwith this
<br /> Agreement,a y p
<br /> trensection. Such Instruments shell be recorded or filed, end re-recorded end rafiled,et Trustor s expenae.
<br /> 15. Mltc�ll�nwus.
<br /> lA) �romissory note,or eny other ae uhlty instrumont givefn In connecUon�with this t ensectlonp sha�llrfomeny eeson
<br /> —:y P
<br /> _� to be held to be invelid,lllegal or unanf�orceable in eny roapect,such invalidf�y, Illegnlity vr unenforceebility tha ,
<br /> �� et the option iffeuch inv'ei d, Illegelfor unenfo ceeble provisl nthed neve rbaen c:ont fned he efn or he ein heil be
<br /> canstrued es
<br /> (B) This Dead of Trust shell be conet�uad according to the�lews of the Stete of Nebres e.
<br /> (C) the Deed of T�ust shell insure to end bind the heira,legataee,devisees,admi�fetrators,executors,succesaora end
<br /> ='� assigne of the parties hereto.
<br /> ::�,� (p) TrustSeB h�alen ByW�ic„�aY b�deV ed egel Dt tha T��steo or B nefc ery oetheel g 1�holdehof t ehLoan Ageeement
<br /> or es __�..
<br /> r_:.� on eccount of the tndebtednoes evidenca i��o�Q�r.
<br />_°r; �E) Whenever used horein,the s�nguinr number shell Include the qlurel, the plural,the singuler,the use of eny gender
<br />"'' shell be epplfcable to ell genders, end tho term "Beneficiery" shell include any peyee of the indebtedness neredy
<br /> "':� secured or any tranafar thereof. whether by operetlon of law or otherwise.
<br /> :��.� 16. Suec�ssor 7ru9too. Beneffciary mey from t(me to time eubetituie e succeaeor or successora to eny 7rustee
<br />',��� nemed herefn or ecting hereunder to execute thia Trust Deed. Upon auch eppointment end wlthout conveyance to
<br /> the successor Trustee, the latter ahell be vested wlth ell title, powere and dutiea conferred upon any Trustee hereln
<br /> � nemed or ectfng hereunder. Eech such appofntment or eubatitut(on ahell be m�de by wrftten inatrument by @eneficiary,
<br />.,;`{± conteining reterence to this Deed of Trust end its place of record, which when recorded in the office of the Reqister
<br /> »�,�. of Deedsc easor Trust er The foreeo ngi powetl of subRdtutaatn�nd the,proc dureltherefore shsll nrd be�sl4etlof
<br /> :'�� of the su
<br /> y ,�
<br /> * 408-3
<br /> 9194
<br />
|