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<br /> ' . 7.APPOINTM�N'1'OF BUCCR..980R TRUi3'1'EL.AeneflaRry may,fmm timo to time,by e writkrn inxtrument eseeut�d u�d.
<br /> � ncknowlodged by I3irnaficiary, msiled w Trurtor and Itrxxmi�cl in Uu� (:ounty in which t}�o iYvbt Eetate fe lecated snd bp —
<br />-" Mlinn►iso awaplying with tho provleioas of tM�ppikaWlo Inw of d�e St+�te ot tiebraska�ublituk+a�utrewor or eueee�aon to
<br /> -' t!w Trwtee cumed t�prein or actina haneunder.
<br />.:-' e.3U(:CF.SSOR.9 AND ASlg[(3N9.Thu I?eod of Tn�eL npplios to,irtume to the henefit of and hindn RI) �rtiae hereta,tAeir
<br />° hair�,leaate�,divortee,I�arnansl mpreeentwtive�,euoauuMm nnd ne�iqne.The term"I3onoftalRq�" ehKll meen the or►ner and _
<br />_: holde�of I,he Noto,whethor or nnt namncl ne I3unefidnry hernin.
<br /> ' 9.INHPF:CTIQN,I3unuficiary nr ite nF�nn6 msy mok��m�nnblu ontrlaa u�n nnd inx�xv:tione of t}�o 1'roperty BeneRcinry -
<br /> " �hull�ivo Tn�xtnr nolia+el tho Umo of or prior to an inepectlun x�x:ifyinK roxxomiblo cuuee(or tho in�pr.cti<m.
<br />, ' 10.TP.iJS'I'Oii h�T}t�I.1.A5l:p; P'OI�A1sAttANt•h;AY ItkNF;F ICIA42Y Nh'1`A WAt1Ph;kZ.hxt�ci�xian oPtho Umu Gir pnyment
<br /> or modif4ealian of nmo tion af th( �um��scund by thln tierurily Inntrumunl�rant�.�d by lieneRc(xry to uny Nucc�wor in
<br /> �� inlurer!�f'CYuetnr ehu�oper�te to rel�ue the IiNbility uf ahe uriRinal Truetor or'I'ruxtur�eucaru��r'n in inUn'rMt.fiknelici�ry
<br /> �Mh��l nM bo requirod �o commenoe prca+edin��ainwt any euccoewor in interer+t nr refuxo t�cxLend tima fi�r payment ur
<br /> Wherwi�u modify rmorti+�tiiM uP tho eumH�ecund by this:i�.rurity Inetrumont by rc+�aon of eny demend mbde by lhe�rilpnal
<br /> TruMtur or Trwu�r�� Mu�NOn+ in intere�t,My forbeerunon hy Ik+nuticiury in axorcieinR any riµht ur rnm��ly,+hnll nut be■
<br />_ wuiver of or pn+cludo UM ezerefew oCany righ!or romudy. ' t,',� �
<br /> = 11.TKAN�N!;K 4F'PH�PROPF.RTY OR A EiC�;NECICIAi.INTH ftFST IN TItVS�$:�nll�nny pnrt of tha Property
<br /> or any inlaroet in it ie�old or trnnxfarrod(nr if s 6onuticinl bitoroxt in'I`ruetnr i��old or trnnaf�rrcKl iind TrueWr ir not s
<br />— natural{x�rxonl wittiout F3unofioinry'[+prfor wrltten caneant,I3onoficinry mny,nt iU+nption,requirn imm�vliwte PaYment ln
<br />-' fLU of xll xumx necurc�!by thie Security Inatrvmem,howovur,this option ehnU not bo oxorcieed by Boneficisry if oxereiee
<br />-- ia prohibited by federnl Inw nx of tha date af thia Security Inetn�rri�nt.If I3en�ficinry exorciaea thia option,&,neticiary ahell
<br /> give Truator not.iro of nccoloration.The notice ehsll hmvida n period of not lese tlinn 30 daye from the date the notioe is
<br /> - _•�_� ...•.►,:_...i,•.ti.ti..�r.,�.�...-mnpt nAy nll eu►ns sec:un:�b�r this Security Iuetrument.If Truetor faile to
<br /> deiivere�vc ���a:..:.. ..:».......:,........ ------ ... _
<br />=, �:1 t�Qs:.�ee�9 prior to tho expirntion of thia perial,�ioneficr�r.y n��Y'nnn'a[�c a�y remediea penn�tted by cnin�.:����y
<br />== Ilrr,Gkru�nent wit;Fwu4 further notice or demand on'Pruator.
<br />� II2.EVE1�T5 OF DEFAULT.My of the fallowiryg�eveats shal➢be deeme�cf nn event of default hereundor:
<br /> -� a.�v;tor shal��eave fc�iled t,o maake pnymneatt m8 anY instta9i�raent of imtcrost,principul,or principal and inte►^t:At or
<br /> s�;5�uYCeca sam eiecured hereby when due:or
<br />�.T.;�� ��,i!'heere has occurreci a u«:ac�t nfor default under cry tn►�m,��nv�nnnt,acre�ement,cr,nditinn,pmvieion,represen-
<br />°"'-=-°� tation or ti��<<rrnnty contained in any c�k�n�3.onn Inetrumenta.
<br /> 13.A!CC NI�ERATION;REMEDIE3.Aeneficisry ehall give notice of default to 1�ustnr prior to acceleration following
<br /> Truetor's�raa�h of an�m�avenant or agreement in this'frust Deed.Tho not3ca s�all epecify:(a)tho default;(b)tho action p�.:
<br /> required tio Liire the duS'ault;(c)a dste,not lese than 30 dnye Prom tho d.�Ye tl����notice is given to Truetor,by which the F��.-,;
<br />=: default r.r•ust ba cured:and(d)that failure to cura the dofault orn or before t�hn date apecified iin the notice may reault in
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<br /> acceleracivn aP the eums eecured by thie Security Instrument t�rsa snie of the Property.'1'lie notice shall further inior,ti2
<br /> Truetor of�iUe right to reinstate a1tAr accelerntian and the righ':t�n bring s iourt aclion to assert the non-existenca�i�i
<br /> default or n�y other defense ofTrustor to accoieraci�r,and eaie.�.ii inu uCfnu���a„at s��3 c:or�efore th��iHt�cnecifie�l ,
<br /> — in the notice, Beneficiary at its option may roqLi�ure immediat� pnyment in �ull of all sums secured by'chia Secu�ity � ,:' �,�;.:
<br /> — Inatrument without further demand and may invoke thr�otiver oP eale and any other renieciies pertnitteei hy applicnhle ; _
<br /> = lnw TruaWr shall bo entitled to collccL all expenses incurred.in purnuing the remedies ��w�rd8ed in this parngraph 1�,
<br />.�;;; including,but not limxted to,resewiaU��IIE ettorney'e feee and cos4s of�tille evidence.If power m�'st�7ois invoked,'1`ruetee ehnl°,
<br /> — record a notice of d�fani�}t in each coair�y in which any part of the.Pruperty is lricated and p'hnll mail oopies of such noti�e
<br />� in the manner presraimel?by applicable law to'hvator snd to the other pereons a�rne^.ribed bs npplicable law.Atter the time
<br /> required by applicabte faw,'I`ruetee ehaU give public notice of eale ta the per.ycros r��rad in the manner preecribed by appU�-••
<br />� able lawv 'Sut�atee,without demnnd on Truatox,s�:s!�e^!!!hp Pr^;+TM'rty at�publio�uction to the higheat bidder at the timr�•
<br /> ��� and gfa��n�nd under the terma deeignnted irx the notice of sale in an�u or more pnroels and ia�any order'lYuetee determi�,���.
<br />��� 'IYuar,er,:inny poetpone eale of all or any parcel of tho Property by public annoancement a3 the time and place uf any pu�e-
<br /> viouely achedaled ealo.I3eneficiary or its deBignee may pwrchHSe tha I'roperty at any eale.Upon rec:eipt of payment of t!'.�c
<br /> price bid,Truetee ahaU deliver w the purcheeer���s'tee':,Ila�ed Tonveying the I'roPertY The*ecitale in the Truatee'e deed
<br /> ahall be prima facie evidence of the tputh of the sYnzi�emon`ta qnn8v thorein.'1`n�ster, ehall apply tlie proceede nf the sale in
<br /> the fullowing order:(a)to all expem:,�e:�of the xale,it�cluding,'hnt nnt limited to,1`ruetee's fees ae Permitted bY HPPlicable
<br />=�� law and reesoneble attorney's tees:G��9�n all euma eecured by this Security Instrument;n�cl[c?any exceas to the pereon ot,.
<br /> �— personn 1eFmliy entitled to it.
<br /> 14. BENEFiCIARY IN POSSESSION. Upon ttcceleration under paragraph 13 or ubrtndonment of tlie Propearty,
<br /> Beneficiary(in person,by agent or by judicixlly appointed receiver)aha11 Ge enti+.led to enter upon,take Foaeeeeion of nnd
<br /> manege the I'roperty end to collect the rente of tha Propert,y includin�those pnat due.Any rente collected by Beneficiary
<br /> or tho receivek ehall be spplied first to p�yment of the coets of mnnagement of the Properiy nnd wllection of rents,includ-
<br />�=''—��� ing,but not limited to,receiver'e feea,prem:ume on receiver'e bonds and reaeonable atWrnoy�s feea,snd thm to the sivnas
<br /> secumd by thie Security Instroment. paymtvaet
<br /> � 16.ftEMED1ES NOT FXCLUSIVE.Truetee and Beneficinry,nnd ench of�them,shall be entitled to onforce
<br /> -- nnd performanrn of any indebtednesa or obligations securcKl hereby and t�exercise all righta and powera under thie l��d'
<br /> �� of Trust or under any Loan Instrument or�ithcrr a�reemont or uny laws now nr herealter in force,notwiti►etetndin,g somnne
<br /> W or sU�f the euch indabtedneae nnd oUligwtfons eecured hereby mny now or hereafter bo atherwise secured,whether�g
<br /> mnrtgnge,deed of truet,pledgo,li�n,assignment or otherwiso.NeiChor the accepU►nce of thie Deed of Truet nor ite entorce-
<br /> ,`�r. mont whother by caurt action or pursuant to tho power of sale or othor po�ver�heruin contatned,ehall prejudice or in etny
<br /> mnnn�r nffect Truetoc+'y or BeneGcit�ry's right to realize uIx►n or onforce nny othur security now or heresfter held by Truetee
<br /> _'. �S or Boneficiary,it boing ugreed thnt Truste�and Boneficinry,nnd aneti nf thom,ehall be antitleci to enforce thie Ueed of'i`ruet
<br /> ' ti; and any other security now or hereaft,ur hold by$enoScinry or TruAtee in euch o►rier nnd mnnnor na they or either of thom
<br />;;��� � mny in thoir nbsolute diecretion dotormino.No remedy hemin c�ntarmd u�n or resuiv��i to Truetee or Beneficiery ia
<br /> intanded to be oxclueive of any otiter rumedy horein or by lnw pmvided or permitted,but euch ehall be cumultitivo and
<br /> „^.� shnll bc in addition to every ather remedy given lioroundor or now or hereafter eniating at It►w or in equity or by etututo.
<br /> Every power or remecly given by any of the Loan Inetn►►nente to Truetce or Beneficiary or to which eithor of t}tem may be
<br /> c: '� otherwise entiNed,mny be exereisecl,concurrently or independently,from time to time and ae often se may be deem�ed expe-
<br /> dient bv Tcuytce or Beneficiar}•nnd either of them mny pureue inconeietent mmeciiea.Nuthing herein ehall be rnnetrued
<br /> .�_ �L...�... mrmiffN�
<br /> �,�:� ua prohibiting BeneGciery fmm seeking a deticiency jud�nenc ngainst cne Trueivr iu��.d��:..�r�t B7%....w.^°°�=r-------
<br /> .��1� �y�9W.
<br />•-��j:. 16.GOVERN[NG T.AW. Thie Dec.•d of Truet ehall be governed by thu lnw�of th�State of Nebrankn.In tha event thnt
<br /> • •? siny provieion or elnueo of any of tho I,oen Inattv►nents oontlicts with npplicnblu Lnws,auch conflicte ehull not atCc�ct ather
<br /> provieione of xuch Lvnn Inetranonte which cnn lw givan ePFect without the cmitlicting provision,nnd k�tUie end thu pro-
<br /> 4� vieione of the I.onn In�trumonts are dcclnred to k►e severnble.ThiN inHtrument cn�utut bn wnived,chan�ecl,dischurged nr
<br /> �-�:;�.� term[n�ited ornlly,but only by tin inetrument in writing eignad by thu purty nqeinet whnm enforcement of nny wnivor,
<br /> chtmgu,diachm•ge or tcrminution id uaugkit.
<br /> 17. R[:CONVrYANCE. Upon pnyment of nll sutns secured by thie Security Inetrument, Eieneficinry shall requeet
<br /> z• 'Itustcx�ta rernnvcy the f'roF�erty und ahnll eurrender thie Sccarity inntrumci�t rtnd nl! nutes�rvi�'cucing debt eexured by
<br /> thie Security Inatrument to'l`ru�tce.Trustee ehnll rec�mvey the Property without wnrrnnty iind withuut churge to tho per-
<br /> � �on or persone►egnlly entitled W it.Such pereun or pereone nhnll pny nny r��corclntion coste.
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