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<br /> ` � �or upon the paymeirt in hdl of ail sums seaued hereby. � ����� �.��
<br /> ��� This Trust Qae�wiU Qe dua 9� .
<br /> � � � �'�� Tiustorlsl hereby wartanta that Trustorfs!hofd9 fee simpte tit[s to tfle ahave descn'hed propecty.that Trt�s�orfsf has gcod and tavutu!authadty so ` ,.
<br /> � ` deed end encumber the seme,that the property is hee and ctear of a11 iieng artd encum4rance9. except encumOrances of record,and that ,
<br /> � . ,; Trustortsl wifl v+arrant and dafend tAe property.et Trustorls)expanse, ag8tnst all cteima[ns whomsoaver. Trustor(s)atso hereLy waivas and . � -
<br /> ' . • � L q retinquishes dD rigAts af dowet,homestead,distributive share,and ezetnption in end to the abow desc�ibed properry. _
<br /> ; ` ' :.� T�ustarta?enA eaeh of them furQ�er eovenasris and agrees witF�BeesRcTarSf as 4oIIowa: ; , . . .
<br /> � � ` 1. To pay ati 14ens.lud8menta,or othe►assessments against the Rroperty.and to paY�v�d����menta.texes.re�rts,iees.mr charges . ;'.:;
<br /> ' �4 unon the property or under any tea.e,permit,license,or prlvilege assigrted to Beneflciary as eddRional security to tltis Tnist Deed,inctudin@ ` ,, -
<br /> . , 4 ti�pse in ar on pubtie domatn. , �., � .`•;
<br /> , _ .�-•—= Z. To'visure and tceep instued hviid�ga as�d othsr'sn�rovememe inctuding fucpues and ettaehmems now on or hereatt�r plaeed on tne prepertY ` ' -�-s.,` __
<br /> • 4o the satisfactian of Beneficiary. Sueh insurance v+n'U be ayprovad by and depositad with Benefieiary,and endorsed with toss payaEte eta�e to �
<br /> Beneficiary. Any sums so received Dy Beneficiary may be t�setl to paY to1 teCOnsaucH°n of the desuoYed imDroveme�►t�s or it aot so 8pplied maY _
<br /> ` he appGa�,at tns option at Beneficiazy,in payment of any indabtednass maaued or unmatured secured by tAis Tn,st Deed. -.
<br /> ` 9. To keap atf buitd'irtgs.fixtutes.attechmarits.end othet imytovemertts nntiv on or hereafter piaced oaih9 property otcupied an0 in good�epair. ' . "~'f-
<br /> .. . metmenartce.and condition and to naither commit�or permit arty ects af waste ar any impairmerrc of tfle vafue oi the pmpertY. 8enefisiary may - -_�.;• • >u}::�:-=
<br />° . , enter upon the proDerty to irupact the sams or m pe�fome any acxs eutharixed herein or in the toan agreementtsl. .. .„--. ,�tt�..1�
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<br /> 4. tn the evertt Trtismrta)fa79 to PaY any Ce�,ludHmen�,assessmerrts,taxes, rertts,tees,ar chBrSes ar maintain any insurence on the ' ti.:.�;,n�;��,�."-.,_
<br /> '- • proPe►qt,buildirtgs,�x3uits.ettactimertts.or improvemertts ea provided t�erein ar ia the loan agreementlsl.8eneficiaN,at its optinn,cnaY make . . �,,F�.,,-_
<br /> . s��p�g�g a��ji;"v�r;nsurynae,m8intenance,or repair6 artd eny amourtts Fa�d t�eretor witl hecome part of the princiPat eidebtedness �:i.. � 1;.�'�
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<br /> , � secured,�c�31A;.i�ijr.i(n,a�eteiy due and payable and�ear irt[erest at the defauk rate Pravided in the cwnefsf frvrre the date of paymern untit paEd. _u�-
<br /> , . The adv�rts;�',,h?F.tfl�;EhciarY of any sucA amowits wU in no manner limit the rlSht of BenaSciary�m daclare Trustor�sl in defautt or euercise ,;� G
<br /> . ,�� arry ot�irfi�C3r,�1'rlm�rsth�righta and remeddes. , --
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<br /> .,:�; E jn y�k++ ct��5�t6s�y is a partY to any litigation aHecting th9 Oraperty ur the tisn of this Ttust Deed.IncTtiding any action by 8enefic�ariF aa , �.
<br /> enfor�s`tTfi��rust Q�'flr erry suit in wtiiet+Beneficiary is named a defendant(irrdu�ceg eondemnation and baaiauptcv Oroeeedmgs)Hertetcsis� • 4
<br /> ' 'xj mall�nGar.�Fenses and advance payments tor abstract tees,atoomeYs f�es 1�n a!�eaicant alto��red oy tawl.costa,e�onses,sPPrdisat teas,arni ,: � ;.��.
<br /> '` '�f: other t�fd�s and any amourrtg sp advanced wiil hecame part ot the Rr3ta�futs u�Se��ness secured hereby.Ee immediatery dus end payabie and ���, = ���-
<br /> 1" bear iMF►i�'t at the detauit rate ProviQed it►the notats)irom the daie"v1ca�LE%�a.�z r:.�`�aid. ;, . , s ��� ����
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<br /> '' 6. An}r$nrards made to Trustot(sl or their suceessors by the exercise of emirte�Ccsmain are hereby assigned to @'�t�ficiatV:8r�!F�a���1►�9 c'��+�
<br /> f � � ,y. .� m unmatured.secure@ aj�ttiCsc Tnrst QBet�: . . • �t�`�
<br /> v �� hereby authoriaad to coltect and apply tl►e same in payment of arry indehtedness.+os�.'c�e, �y,,,
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<br /> � .. 4; T. tn the evettt Tntstor(s) Qetautts io the payment when Que of any swms se�^j,nm&�ASraby(G���Pa1,irrceresk;�$gm�eemerna,or protec0�,:� ;o �'`. *_
<br /> , � adva�sces).cr,faRs to Derform or observe iany covanants and condntans cont8�ilatl herein. in the note(s), loac.:��gi�ement(s).,oi enY othar:' ., �-�-
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<br /> � insfianertts.m any'Droceedings is brought Cy or against Trustoris)under any Bankruptcy taws,Berseficiary,at its oQ�fln.maY da..""are t�e e�e i=;�tr•.`
<br /> � indebtedrtess aeccued.hereDy to be immedia:eiy Que and payable and the who(8 wi0 bear iMerest at the detautt�a b p 2s provide�in the notets) ��• � _� ��_
<br /> � � and Senefictary ms�rr,?fied��W 8��e Trustee to euercise the Power of Saie grdrttQd herein in the mannar pra�taded in the tlabraska Tnut ��,,
<br /> '� � • `��• �aeds AcG or,at tRcci�n of the Beneficiary,may fareetose the Trust Osed tn tha manner provided by law for tAe tharectosura 6f moRgageS c'fY.��°' _---.—
<br /> • „ ::3, real propecty,tnctc�3li�ifi�appoiMrnerrt of a Receivercq�an ex parte aPPlicedan.�otica beirtg hereby expressty wah�ed,withaut regard ta¢3fa ' _ _-
<br /> ' •�•3� vy1u3 at t(�e grc�i.��,.��4s►:t�is sufficrontht thereof to distis��a the indebtedness securra�hereby or in the toan agraemaM(sl• Dalay Dy Barrefi�aaiy ; �. � __
<br /> }� in es�rc�u�;n8.� ii*�'utt�de tau i s w:l l n o t b e c a n s a u s��s a wa�r s,c Lhsreof and a?nF aet of Heneftciary waiving any specified defauti wiil nt�`t}a �`s �
<br /> � � coa�lur�,�fs��u��v�f�i;�!y futwed�r�utt, H tAe p ct�tdr*rsuiirt sa'.s or torec;osure are inst�f�ixiattt to paY tAe totai inde4�SadhA�.g s�CUr2� ift`"C� •
<br /> � ,�,.'. �erql�j;;'�u#p�r(�idn,i�nrx�c'�gFec3�is.f�a]aE�sonally�+I#?�Y:;d�uc�+d balance,and 8enefie��ra7 tiTali�e antiUed to a doficcancy judgmenS. , f,������ ,�?.�-.
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<br /> � . �`-` 8. Sh�µ�i3L���msqqrd#�ta exercise tfie�ovuer ot�';a��r��(".�riiheoQr� 8anetlCiary wii��notity Tru�tee wAo w11;Qecard,o�f�h,ana aesvet.to � , � --
<br /> .. •''; Trustoi�J 5ad7•f4�s?d;t�efeult and Notiee ot Set2�mt:tih$¢;��`�t�itr���y�w end wll�M the manner proviQed by 4a�v,�a�i the Dr�Pa�r�t Ure timg : ;;. , � -
<br /> e�p1r�t,f,if,ysi���tr,'.�'.�t:the Notice'of Saie,eitheY'a�a wtiGl�Y�y $m.separate fots,parceis, or itsms anp in S�dE?a3�tclar as'T'a�U�w,71 daem . 1„ �;�i _ _
<br /> . . expe�. �l*.�/¢erson may bid at the aate inctuding Ttustorisl,i`n?at�;o�BeneficiaN• . � ` ( . �'i 1 � r �, „�
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<br /> � �� 8. Tn�tadcl hereby requesb a copy of any Notice�t Oefauit ai F3t�loe of Sate hereunAer to 6e maifed by ter6fied mail ta"iruStoi(s}et the � ; „R�
<br /> . • . `, aQdresstesl set tarttf.'?e(ein. ..+•::y;. ,. . L�`�"
<br /> , . ' ,. �, 10. Upon defaut4�ei�3f:iary,either In person or by agent.whh or vin�fi�ut br.�g'r,+�any actian or proceedng and with or wtit�out regard w the
<br /> � •-- value ot the p�ape�t.y.ar,'the suHiciency thereof to diseharge the inQeY�s�se�taxL hereby,is authort=ed and erttitled to entei,upon and take ,:
<br /> r '4';,. Ooss�s„�qrr.�it tha•ti�mg�tty in Its own name or in the name of the 7ru�6m ',d}a'm�5f����or expend any sums it deems necessary or dssirahie --
<br /> �g��ar�rtr�cRe vaiue cf;i�'property or any interest themlin►,wr.ln;��s'j3�income�etc�tnom:and with or withous S�Sa(t9 possession �:,
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<br /> � of dsG�Ip�t�1S,dvfi�brized to sk�•,t�r ar otAerwise eoliect the r� k�RS,'crt�.�irofits,ea��nr:ame thereof,inFtudp�g t`�ae:�ase due and � �
<br /> . .utcDaY3}.i��QRaN rlsu:smne uDon e[y liidebtedness secured herebY rc�Artdse(oar sQlremerR(s1. � •� ' : .'.,,, `� � . �o '."�-":
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<br /> .�` . ���.,�� � , No iemedy h�wtr,v�unferted upon or reserve3�o Trusme oe 6i�r�¢f�aacy rs':hi{afded to be exctusive of amy aafitFn'!eme31i,1i8rsin o►Dy lawr ; � k :��r��
<br /> - � $U. ; prcvided or petmitt04,but each wiil he eumtAathre,will be in ed�3ir,�m ri�2very otNer remedy given heteunder rr►xr�airz+'a1 dereat���:3sdng at taw . , �. ...
<br /> �; � . � or in,e;uity or by statute,and may be exerciseA eoncurrentty,ind�9dta�tiSl ar suceessivety. ; �: � .': .. � `'`a'''
<br /> "�- "` � 11 •Tni�ar(s)acknowtedges that the duties end o6ligeUona of Tn��wii!be detetmined sotety dy the e�reas provisions af Sfa�iri���ReeQ ar:
<br /> • �� tAg N�draska Trust Deeds Act and T�ustae will not ba liabta e�{rt:.f?:r the Derformance of sucb dudes and obtigations as a`m a�;rti7cel�Y set •
<br /> � � torth therein,and no implied cavenanta or obligations will be tmAbc�2tY upon Trustee;Trustee wi0�at be Ua6te for arry ection Ey�in gco�faitis . •
<br />-,.; � , anC reasonably 6elieved by it to 6e eutfiarized or withln the disarEStioh ar dghts of powera cantanad upon it by this Tntst OeeO or stat�taw. :: • •
<br /> � 72. The integrity and resportsibi�Ry of trustorts)tonstitutes a Pe%t o1 tha conslQetation tor the oDligatlons saeured hereby. Sltould Trustar4nl. � : . � . '
<br /> _,r� se11,Vansfer,or eonvey the property dascribed herein.wiNout prirsr written eonsent ot Beneficiary,Berteficiary,at ite oDtia�,may Qeclare tAe i .
<br /> �' entire inde0tedness immediatety due and payaEte and may p�oceeA in the enforcement o1 its rigtna as on nny other defauft. , _ .
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<br /> ,�jr�i� 13, Assignment ot Rents Inctuding Proceeds of M(nhrel Leases. Truster(s)Aeceby essign9,Vansters,and canveys to Benefieiary aR resnro, ,
<br />,A�l' !���,�,�45�], royafties,bonuses, and Oetay monayrs Or othar praeee�d9 that may Bom tlmo to tlme 4eaome Que and payat5fa under eny raal estate 1gas�or• . . .�,,,�
<br /> ;,,`�„�,'r.. •�� under eny oib ga:.flreveL raok,or offier mineraf tease o1 any tind inotuding geothermal rasource9 now exisUng or tftat may hereatter eomm irtta�' � ' '� ;
<br />�;;;r'��;�; . ' 1 exi9tenoe, eovaring the propOrN or eny part tAereol. Alt such awr►s so received by Eeneticlary wi11 be apDlied to the Indohusdness eecwod ;,t ��, ,, .
<br /> ,;�:� horeby;or 6enefieiary,et�to aptlan,may Mn over and Qelivar tc•Trustortsl or their successors in interest.any oi all of auch sums without ;�„r � �,:,,,
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<br /> -...�:,- ,�'� � preJud;ce to any of BeneHciary's��Jghto to take end retain tutura nulnoc and adthout prejudiea to ar►yr of it9 other rigt�ts urtder tMlti Trust Oeed. ,�,,f111L
<br /> - �.,,'.;; This assignment wiq ba aonstrued to be a provlston for tha peymorri:oc reduction ot the dobt.sub3cct to tAe Beneticiaiy/a option as hereinUefore ,. ,
<br /> :-�.� prowded,indepondent of the lien an the property. Upon pa�ment'�n tult oi�lae d6bt anA the reaonveyance o1 this trust Oeed ot re�rd, ihls .. ���{�•`t,`_•
<br />;;,t;: , . essignment wltt Uaeome Inopere6va end of no Wnher torce and oHocc. ; ���,;:t� ,
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<br />,__ - ' f �i}', Y'fiis Trust Oeed constitutes a��BCUritY a8reement whN rnaqoct to all the propertY desetiDed trerein.
<br />—�'• ' � p{ 18. Ttw eovertants contained in tl�is Trust Deed�wUl do dQomod°to tro saaerabfe:in tho event thai atr/portion�f thlls Tiust peed is determinad
<br /> _ 1 to b9 vaid or unenforceabte.that determina�on�vUl not afloat the valid;ty nt the remaiNng portions of tNe Trust pOed. '
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<br /> . j ROBEAT H RKY HRISTY J HOAKY � ' . . .
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<br /> _ , iH01V10UAt RARROWEB ACItNOtfNLEOQM L . ,
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<br />-'".: • .� Qp t1:001 d4d87: F+tmartl�s�mas ID 0:00033392: CiF 8:68t 80 Legot Qaa.Qatm:August 25.1998 ;
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<br /> --�;qz ' '• iCSM 5011 Tr,int Deed end Assigrtment of Renta t
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