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<br /> . � 97- �.a313'�
<br /> R�•RECORt�£D �7� �U41�.2
<br /> I 1. Fven.of DePiilt. 'Tiu following�hull canstitute an L?vent uf Defsult under this Decd nf Trust: _
<br /> (�) Fsilure:to pay any installment oPprincipd or lntereat or any other sum secured
<br /> hareby when due;
<br /> (b) A breacn oP.or default under.any proviaion cont�ined in the Noto.thia Dced of L�
<br /> 'frust,eny of the Loan Instruments,or eny ather lien or encumbrance u4wn tho Property;
<br /> (c) A writ of executian or attechment,or any similer proca�.shall6a entered�gainst
<br /> Tn�star which sh�ll 6ecome a lien on the Prope►ty or any portion ar interost therein;
<br /> (d) Ttiero shdl be flled by or egainst Trustor or Borrower nn action unde�eny prasent or
<br /> IlUure federal,statc a other statute.law or regutation relating to bankruptcy,Insolvency or othor
<br /> relieF tor debtoro,or thera shsll be appointed nny trustee,recoiver or Iiquidntar of Trustor or Hor-
<br /> rower or of all or any part of thc Property,rents, issues or profits thcrcof,or Trustor or Uorrower
<br /> shel!m�ice tny genenl as�ignmert for the benof t of crcditaro;
<br /> (e) The sale,transfer.assigament,conveyeneo or furilur encuti�brance af aU or nny part
<br /> of or uny intercst in the Property,eithe�voluntarfly or involuntuily,without the expreu written
<br /> consent of Lender ores othorwiso herein permitted;or
<br /> (fj Abandonment of tho Property.
<br /> �2, Rem i�_�celeration L�nan Defeult. ln the event of end Bvent uFlDafault,Lender may,without
<br /> nottce except as required by law, declerc a!I indebtedness secured heroby to bo duo and p�y�blo,and the samo shalt
<br /> thercupon beGOme dud u�d p�yable without�ny presentment,demsind,protest or notice of any kind. Thereaft.er,
<br /> Lender may:
<br /> �0� Lk'lltalld�IIII�TfllSjtO CXEfCISC lflt FUVYCI�V�S%1LB gRlRleti uctoiiry a�a"�iCii32w
<br /> sl�all thereafter ause Trusror's inter��t in the Property to be sold�nd the praceeds to bo
<br /> distributed,RII in the manner prov[ded in tho Nebrosk�7�ust Deeds Act;
<br /> (b) Exerclse eny wnd dl rights provided for in the Note.this Deed of Trust or by law
<br /> upon occurnnce of u►y Bvent of Defsuih and
<br /> {c) Commence en action to foreclou this Deed af Trust sa a mortg�ge,appoint a
<br /> receiver or�peoffic�lly enforce eny of the covenents hereof.
<br /> Na remedy herein confetred upon,or reserved to,Trustce or Lender is intcnded to be excluei�e of eny other remedy
<br /> heroin,f�i the NMe or by law provided or perm�tted,but eech shnll be cumuletive,sht�ll be in addttion to overy other
<br /> remedy given Irereundcr,in the NMe or now or henaQer oxisting�t I�w or in aquiry or Cy statuto�and m�y be exor• !
<br /> clsed concurrently,independently or auccessively. �
<br /> �3. Tn��. 'i'he Tmsta may resign et any time without causo�end Leada may at any time end withaut
<br /> cause�ppoint n auccessor or substitute Trustca. Trustee shnil not be linble to any�arty.includ{ng,without
<br /> limitation,'Lender,Borrower,Trustor ar eny purchaser of the Propeny.for any loss or demage unleu due to
<br /> reckk�aT willtid misconduct,and shall not be reqaired to take eny�ction In conncettoe with the enforcement of
<br /> thi�17eed oF 7lrust unless indemnified,in wr(ting,for al l costs,componsation or expenses which may be usoclated
<br /> lherewith. In edditian,Truetee mey becorna e purchaser et any sale of Ihe Propeity Qudicial or under the power of
<br /> ssle gr�ntcd hereln);postpone the sele of sll or any portion of the Propecty�as providod by IAw;or sell the Properiy
<br /> a�a who4c,or(n sepante pucela or lot�nt Trwtee'�discretton.
<br /> . �q, a,...�.�a.Yr,n,• _.. In 4]ie event Trustee sells tho Property by exercise of powar of selo,Tn�stee shull
<br /> be entitled to epply eny eak pracee6s ti►st to payment 4f ell coats end expenscs of exerclsing power of sale,
<br /> including all Truatee'��ees,�nd i,ender's snd Trustce's attorney's fee��ctuzlly inanrred to tho extent peimnrt�rd by
<br /> �pplicable Iew. In the event Borro�ver or Trustor exercises any rlght provided by law to cure en Event oF I�hfeuEt,
<br /> Leuder shall be entitled to recover from Trustor all costs and expensns actudly incumd es a reauit of'1'►ustor'n
<br />— defeult,includtng,without limitation,all Trusteo's and uttorney'a fees.to the extcnt permittcd by applicable luw.
<br /> 1 S. Euture Advanus. Upon request of Dnrrower.Lender mey,at its option.make additional und Poture
<br />— edvences and eeadvances to Borrower. Such Advences and nadvance�,wit}�intctest therson�shall bo secured by
<br />_ �his tkesl of Tru�t At no time sheU the principal emuunt of the tndebtedneas secured by this Deed of Trust,not
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