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<br /> 08-17-1997 DEED OF TRUST Psp� b
<br /> Lam No 63b104 (Conqnued) � 1p�xz
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<br /> � (b) Comrrwnc�an�ctlon to (aaclosa lhb Daad ol Trust u�malpaQ�,�ppdnl a ncaw�a sp�ciAcWy�nlarw�ny ol th�cowruinb —
<br /> � hwoof;�nd
<br /> (o) Da11vK to TrusiN�wdtlpn d�cluRtlon of do(tull�nd demand ta pN�nd�w�itt�n nnlla of d�f�uB end N�otlon to aua Truttor� �
<br /> , intar�st In th�Prop�ty to W�dd,which nol��Truafw shaM caus�lo b�duly IIIW(or naord In tM approp�4tN oMas of IM County In � -
<br /> , whkh Ih�Propwty b localod;and • �
<br /> ' (d) Wlih respact lo aU w ony pa�10l itw Pasonal Proporty,Londw chaU havc oA lha rlpht;,and rpmadlos o}n secured party ttndar the -
<br /> �� Nebrask�Unitam Comm�rclai Cod�. �-
<br /> Foncbwnby Priw�r of 8W. If Und�r Nocb to lu�dop by�xKCI�of th�PowK of 8aN MrMn aontaln�d,L�ndK sh�M notly Tru�N�and , . ._
<br /> • shWl daposll wilh Trusls�lhls Dead of Tnnt and lh�Not�and such rocNpts and svidenG of�xpmditunt mad�and s�curod by thb ONd ol
<br /> , Trust as Trusle�may raquka. , .-
<br /> � (a) Upon recelpt of such nolica Irom Lender,Trustee sh�il cause lo be recadod,publlshed Rnd dellvsnd lo Trustor auch Nolk�of DafauM • _
<br /> and Nol�a of Sale as then requlred by law and by this Deed of Trust. Trustee chitil,wllhoul dertwnd on Trusta,all�r such Ilr►M as may „,,,,,..,.; ; .
<br /> then be roqulred by law and oflor recordaAon of such Nolice of Oetauil and atlar NoUce of Sale hQNnp baen plven ae raqukod by law,sal - ••�-H�`
<br /> the Property et the tlma and place ol sale Nxed by 11 In such Noilce of Sale,eilher ss�whole,or In sepanta lols or p�,rcNs a il�ms as � •<_"'��
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<br /> Truslea ahall deem expedient,tnd In such order as II may determine,al publ�auctlon lo ttw hlphest bldder fa cash in kw(d monoy of � �ai��,��x_
<br /> the United States peyable at tlw drtw oi snle. Trustoa shall deuver lo such purchaser or purchasars theraof Its�ood and aufAciont de�d a .�:.,�,-�=
<br /> • deeds conveyinp lhe property eo sWd,bul without any covenanl or warranly,express or Implled. Th�rectuls In iuch dead of any malteis
<br /> w facts shall be concluslve praof ol the Iruthtulness ihereof. Any person,includlnq wlthout umilatlon Trustor,Trustea,a Lender,may . . �
<br /> � purchase at such sale. .
<br /> � (b) As may be pFxmltted by law,aner deductlnp all costs,teea end expenses of Trustee and of thh Trust,indudiny cosb of�Wd�no�of ��
<br /> IIUe In c�nnection wllh aste,Trustae shau�ppty the proc�eds of sab to p�yment ot (q aY sums axpondsd unWr ttN t�rrt►s of tNs QMd of ���'�ti,;�
<br /> Trust or under 1ha terms of the Noto not Ihen ropatd,lncludfrp but not Ymiad to�ccrued Intarost and kb chup�s, (N)�11 othK tums lMn :=�-
<br /> �• securod haroby,�nd (IA)the�emainder.If tny,lo!he person a pertona feptlly onAdad Iherolo. � ''•'>
<br /> (c) Trustee may In the mnnner prodded by law poafpone sale of aN or a�y portlon of thY Propxtyr. ��'�'
<br /> , R�m�dies Not Excluslvt. Trusteo�nd Londer,and aach of ihem,shaN be enuUed to onforco payrtwnt and pwform�nc�of�ny IndW�todrwss r�'�`�;;
<br /> ! or obligatfons secured by thls Deed of Trust and to exercisa a�l riphts and powers under this Deed o1 Trust,under Iha Not�,under any of th� ,,•k'r�'
<br /> , Retaled Documents,or under any olher opreement or any yws now a hereaAer In face;nolwithslandinp,sortw or all ot auch Indobtadness ;:,y(;.,.�.
<br /> � tnd oblipadons secured by thls Doed of Trust may now or hereatler ba otherwlsa secured,wheitwr by mortpapo,daod of kust,pNcipe,lien, �-,;�:-
<br /> asslpnmeM a otherwiao. Neither the occaptanco ol thls Dead of Trust nor its anforcament,whether by court actbn or punuanl b tM powor of • -.-
<br /> �, aala a other pow6rs coMSlnad In Ihls Dwd of Trust, ahaN preJudics or in any manner a8oct Tnntw'i or L�nd�r't ripht to►MYxe upon a ��r'` `�'
<br /> • entorce any olher secu�ity nnw or hereaAer held by Truslee or Lender,if belrp nyreed that Trusteo and Lendor, and�ch of them,sluN bY 5F
<br /> entilled to enlorco Ihls Oeed of Trust and�ny olher aecurity now or heraafler held by 4ender or Trustw in nuch adx And mannar u th�y or '�pi���"`'
<br /> � ather o1 lhem may In Ihek absoluly dtsaetion detwmino. No rompdy conierred upon or reswvod to Truste�or Landw,ls Intended to b� '`����=-
<br /> excluslve of eny other remedy in thls Deed of Trusl a by law proNdad w petmitled,but each stwl ba cumutativa�nd ahtN b�In addiUon to �
<br /> _ � e�sty oiher tem9dy�lYgn!n thl5 De?d n�Tn„ef n.nnw M harruNr�r axisana at 1aw ru in nqutty ar by a�tuto. Every Qowr w nmady oh,wn by ttN ��'� N
<br /> Note or any oi the Relaled Dxumenb lo Trustao or Lender a to whlah either of ihem may be olherwts� �nBlkd,may bi�xards�d, �'��;_
<br /> concurrandy or independently,hom time lo llme and ae oAon as may be deemed expedlent by Truslw a L�nda,and Mitw►of th�m may j�°" —
<br /> { pursue incanslstenl romedlos. Nolhinp In this Deod of Trust stuiN be construed as prohibifinp Undor hom a�ekinp �doNdonoy�udprtwnt -
<br /> apainst tho Trustw to the extenl such Rcdon IS parmlHad by qw.
<br /> Requea!For Notice. Trustor,on behall of Trusta ind Lender,hereby raquests that a copy of any Notkk�of Oofauft and a copy of�ny Notia —°
<br /> �.'� of Sate under Ihis Daed of Trust be mailed to lhem al lhe oddresses sel lorth in Ihe first parapnph o11hls Deed of Trust. n��
<br /> Walver;El�ctbn ot Ramediea. A waiver by eny perty of a breach of a proNslon of ihls Deed oi Trusf ahaM nol consUtuto a waiver of or '=-
<br /> preJudice ths partys riphts otherwtso to demand stricf compll4nce with Ihat provlsion or any oiher provlslon. Ekcdan by Under to pursw any ,=�
<br /> rertwdy provided in thls Decd of Trust,Ihe Nole,In eny Rel�led Dxument, or provlded by Ww shaY not�xclud�pursuit of�ny oth�r nnwdy,
<br /> � and an elecUon to maka expenditures a lo tako acUon to perform an oblipatbn of Trustor under thls Deed ot Trusl aNw failun af Trustor lo
<br /> pertorm shau not aMect Landers riphf to declaro a default and to exerciso any ot Its rarrwdbs. —
<br /> Attarneys'Fees;F�pen�es. If Lender Instituies any suH or iction to enface any of the terms ot thls Deed of Trust,Lender shall ba�ndlNd to
<br /> � �•, recovw such sum as tha caurt may adJudpe reasonab�e as nHorneys'(ees at frlai and on 4ny�ppeal. Whether or not any court�Ctbn Is
<br /> � �. Involved,nll retson�bi0 expenses incuRed by Lender wh�h In Lender's opinlon uo necsssary at any tirtN tor th�prolection of its intarott or th�
<br /> eniwcemen►of its riphts slwM become a part of ttw Indebtadness pay�ble on demand and ahall bev Inlarosl at t1w Note rata hom tM dal�of
<br /> ozpenditure untU repaid. F.xpensas coverod by thls parapraph InGude,withoul Amllatlon.howavar subJoct to any Mmib undar appNcaba I�w,
<br /> � Lendara attorneys'laas whelhK a not Ilqr�b�Awsult,InGudirp atlornays'Iws fa bankruptoy procwdlnps(Indudlrq�Hab to modl(y or _
<br /> . wcale any wtom�UO stty or InJunctlon),appa4b and any aMfdpaled po�yudpmsnt call�cdon swvic�s, t1� cost d Waat►inp �kords, -
<br /> � obttlnlnq titN aports(Indudlrp fonctosa� nporlaL surwyas'npoAe.�ppnbal hq�tlW Insut�nc�.�nd NM(or tlt�TrusiM,to itM�Mnt
<br /> permiHVd by�ppNCabN kw. Truata also wU!pty any oourt costs,in addl8an to d1 oth�r tum�proNd�d by I�w. -
<br /> � Rlphts of TtwtN.Truslao ehaN haw�N of IM riphb and dulf�s of L�nda as s�l forlh In thls wctlon.
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<br /> � POWERS AMD OBLI(#ATIONS OF TRU9TEF. TM followinp provislons rNaUrp to IM powws and obNpatbra of Trustw an part of this De�d of
<br /> �'�• Trust. -
<br /> •� � �� Powen of Trust�e. In 4ddillon to�II powers of Trostee arislnq as a mafler ol law,Trostee shaq�tve the poww to tako Ih�(aMowlnp aoUons ���.:
<br /> with raspect lo tho Property upon Ihe wdllen request of Lender and Truslor: (a)Jofn In prapQdnp md�Ilnp a rtwp or plat of ttw Rwt Propwty, _�
<br />- f,� Includinq the dedbatlon of atreets or other dflhts to Ihe publb; (b)Joln In prantinp any aasertwnt or aeatinp any rostr�lion on tha Rwt PropKty; -- --=
<br /> ond (a)Join In any subordinatlon or other tpreoment sttectinp this Oeed of Trusl or the Interesl of Lender under lhis Doed of Trust ,_��� �`�
<br /> ' Jn � �. .�::.
<br /> � Truatee. Trustee shaM meet all qualificatlons requlred fa Trustee under applicabW Iaw. In addidon to the rlphts and nmWl�s tot forth�bow, •�„;, ��� � ,
<br /> ' wHh res ect b all u�n aA of the Pro �� '^'�
<br /> , _ p y p perty,lhe Trustee sheM have the ripht to foreclose by notico tnd 6ak,Rnd Londer ahaN havo the dpht to h •;;,_t� .,•;�;:
<br /> foreclose by Judicial(oreclosure,In eilher case In accordance wHh�nd lo Ihe fut extenl providad by tppllCable law. "' - •
<br /> � Suocesaor Truatee. Lendor,at Lender's optlon,mey from Ilme to time eppoint�successor Trustee to iny Trusloe�ppdnled hereundor by an �,y�,��,��'��,{,�;iii',•`
<br /> Instrument executed and acknowledped by Lender end recaded In Ihe oHice of lhe recorder of FIALL County.Nebnska. The InsUumant shaN � ;+;• ,;-�
<br /> contaln,In addition to ail other maflers requlred by ctaie law,the nAmos of ttw oripinal Lender,Trusteo,and Trusta,ltw book nnd pap�(or
<br /> computer system relerence)where Ihis Deed af Trusl ls recaded,and Ihe neme and address of Ihe sucCess�r 1rus1N,�nd It►�InsUurrNnt ah�M •
<br /> • be exacuted�nd�cknowledped by eli iho beneficiarias under tho Doed of Trusl or lheir succassas In Inlarost. The iucassor trusiw,wilhoul
<br /> . , conveyanca ol the Properly,shall succeed to all Ihe Iitte,power,ond dutles conlenod upon lha TrustQe In this Oeed of Trust and by sppliC�bl� •
<br /> law. This prxedure for substilutlon of truslee shall qovern to the excluslon of aG olher provislons for subslllutlon.
<br />' NOTICE8 TO TRUSTOR AND OTHER PARTIES. Any notbe under thls Oeed of Trusf shall be In writirq,may be sent by telehcsJmiW,�nd chaN ba �
<br /> eHxUvo when acivally delivarod,or when deposiled with a nallonally recopnized overnipht couriir, a,If mAlbd, shall b�daomed oHectiva whon .
<br /> - deposlted In the United Siates mail Ilrst class,cartlfied or rafllstered moll,postape prepaid,direCted to Itw addrass�s shown nt+ar tha bopinninp of
<br /> - - - . _ .. .... - °- -��---- •- - - --- -- —
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<br /> __-..._ . . ... am vwd vi T�uSi. niry{ie�ij u'wr i:P�dnyn iu�aw�vaa�u iwitivS viiuirt iiiii vwu vi Truai oy pivi�p iormai w�m�r� riu�w aw vu�w�4+Muw, ��'�'�=�---- - �--- -
<br /> . speWyinp lhal the purpose of lhe nol�e Is!o chanpe lhe party'e tddress. AII coples of noUcas of loredosun hom ths hdder of any li�n wnich has
<br />= prioriry over thls Doad ol Trust shnll be sent ta Lender's addross,�s shown neur the bapinnlnp of thls Daad of Trust. Fa notlo�ptKpos�s,Trustor ;
<br />_ ayrses to keep Lender and Truslee Intormed d all Umes of Trustors cuttent address, �
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<br /> 1 MISCELLANEOIIS PROVISIONS. The 1Glowlnp miscellaneous proWslons�re a parl ot thk Deod ol Trust:
<br /> - Amendmentt. Thls Daed c.Trust,lopelher wlth any Relafed Docurrwnls,consAtule�1M�nIW und�rat�ndlnp�nd apre�rtNnt of th�p�rtl�u
<br />` lo Ihe maltera set tarth In Ihls Daed of TrusL No alleratfon ol or emendmeM lo Ihls Qeed oI Trust sha11 be effecllw unloss plvYn In wdllnp and
<br /> slpned by the partyr or parttes soughl to be charped or bound by the alteratlon a emendmenl.
<br /> - Annud Reporb. If the Property{s used lor purposes olher than Truslors resldenCe,Trusla shall furnlgh to LendEU,upon rYquest,a certifled I
<br /> = 1 statement ot net operallnp Income recelved hom Ihe Property durinp Truslors prevlous fiscel yeor In such (am�nd detaN u Lmdar shell f
<br /> _ I requlra. "Nel operYlinp InCOme'sheN meen aM Cash reCelpts Irom lho Property less all Cesh expenditures mada In�cpruNoUOn wflh tM open8on I
<br /> of lhe Property. . .�. .
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<br /> � Appllcabte Lew. Thls Oeed of Truaf hu been dellvered to Lender�nd�ccepted by Lsnder In lhe 31ate of Nebmin. Thls Deed ot TruW '
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