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<br /> � � .,V � l8) Any tai�ure on the part of Me Trustar to rrtest the re�ayment terms En respect to tha loan Agreement end ersY , ;� �',�t,;`�
<br /> ather sdvaace.s under this Deed of Trust hereby securetl:antl. � �>
<br /> ` � _` j (CI AnY action by the Trustor prohibited 6y tha terms of tfia Loari Agreament or this Deed o!Trust or any f�iture of _ _ • _
<br /> — •- -f-� the Yruator to acc as�e�re�by tha E�oan s3gresmem ar ti�is Da$o oi 7�usi.dac.'�oi r�rt�i�ii Tr.;s�i�itssa�sy a�ress - -- -
<br /> � ` � �� have an adverss aHect on ths Bsnaficiary's security for tha iine of crad'R estadlishe� and the ri�hts oi tha - -�
<br /> . . -- � Benaficiary in such security. �� . _
<br /> . r S� ,. ;:
<br /> �,��� '____ ., � end upon the happenin8 of any such event of defauti.Beneficiary mey declare aSi sums secured hereby immedeteSy `- =
<br /> tl due and payable by detiver to Trustee of written dedaratidn of defauft. The Trustee shail h�ve Me power of safe of ��� '� `���
<br />. . . , �i'.�1;:'_�.� ,�••.
<br />; ,. ; the Frcperty,ancf if Beneficiary de�ites the Property to be sotd,it shail deposit wiih TrusYSe ttris peed of Trust a�d atl
<br /> . - • promissory notes and cfacctment�ac�idencing expertditures secu�ed hereby and shafl deUvret m TrusYea a written nottca - _�� `�`�'
<br /> . � • • , of default anQ electEon 4o cause the Property Ya!ae sotd, and tt�e Trustee in tum shalt prapare a autJce in the form ' ,. � .
<br /> ,x _ , ,.i,,,� �equired by faw.which shall bs duty�ited 4or rec.orQ by Trustee. � .
<br /> _ .:' '� . �` ` (A1 After the tapse ot such tlme as may 6e re�utred by tav�fol�owi�g the�ecardation of said natice of default, and ° ''
<br /> ...•.,... .. �. ', .;,:��,;,.�. _
<br /> notice af default'and[wt� qf sate having��aen given as eequired by lew,Trus4ea, wtthaut demend cn Trustar, �` :
<br /> •: c� t �:
<br /> ' shaA sell ths Rrapert�bn tfi`pi�ate��id at tfea time and ptaa3 designated irt said�totfce of 3alo,at puf�Rc auction to " �+ `�_,
<br /> �� the higl�ast biddgr,ttie�urc►��p�oe.payabis� in tawful moaey of�a Elnited S48tes at the time of sa[e. The �j ;�.
<br /> persan conducting tfi'e setBmay;tor-any cati�e he deems expedient.postporte the sate frortt 4ime to time until it' � '' .� .;"�>�.>'
<br /> 4 .t�3.
<br /> �''' ��� � shail6e compteted en�,in svtary such case,rtolIce oi post�po�ement shatl be given by pu6lic dsclaration thereof • '..;,�,.�..,
<br /> , �� � .; "
<br />: :.� • ky.s`ccd�person at the time and place last appoiMed for the sale,provided,if the sat,a is postponed for Ionger than �w-
<br /> � , anett)day beyond tha day dasigrt�ed in the natice of sale,notice thereof shall6e given in th�seme man�er as ., ; �:a.,ry..,
<br /> _.... the original n�tioe of sale. Trustes shal!euc�CU.t+e end delivet Lo ths purchaser its Qeed convaytag the Property so =�
<br /> .. �' �` sold,but without andy covenant or warranYy,Qxpress or imptied. TPte reciYats in the deed of ar►y matters ar acts - - �`�
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<br /> �. "�"�=` shall be conctusive proof of the tMfifutness tAereof. Any petson,including Beneffciary,may purchase at the saie. � �
<br /> �;';t="�` : t8) When Tn�ee sells.pursuaM to the powers herein,the Tnrstee shatl apply the procesds of the sate to ps�ecrt
<br /> '�.�"�'="��=� of the uQSt�errc}expenses of exercising the power of sale and of the saie,irtctuding the paymeM of thb TrusteQ"s `-'.�
<br /> tees sctua[tyy iacueres,which T�ustee's fees shalf not in the aggregate exceed the foitowirtg amoimt based upon , �� �
<br /> �� ��T '-�`
<br /> the amount secured hsreby and remainirtg uaR�sl;5 percentum on the first 87,OU0 thereof. 1 percentum on the � ,�
<br />_;•��;�_ � balance thereof and Qharx tp thc3 items in suis�reph(CI in the ord$r titere st�ted. �� �`'u��"
<br /> __ r. �.-�-�—..
<br />-''"� (C)Aftet payin9 the items 3geCiRed.� �ubparagt�Jq:t8)if the sa�e is by Trus4�e,er tite Qrc►per court artd other costs �-.�.�'�`=
<br /> �'i°��i�� oi foredosure end safe if the saie is��t�ant to judicia!foreclasure.the pracc�eds cf�sf�all be apptied in the order '� �"�
<br /> ` ,> eC,�'Y i���,i• �4ated to the.Payment of: � � ' •, � °
<br /> `4����_•��;�:�'"s��-� (p Cost of any evidenc�i u�r.ai�l�jp��u�d in connectfon kuiYh sucD►sete ecrct�i�y revsstue stamps; �� r'
<br /> ` �`�J��.`��jJ'_"�F r i.' ; . . j tn�e�.
<br /> (ic ti;;���{���`f� ��' (Ily All Su1118 the SeCU�.i,s�yre-:,-,.'?;: .
<br /> ` °,;'t;'�fiy��.�,��`, �:� 11i!}.�: The remainder,if anqr„t��#t�1,t�t'��at��tegatly entitted thereto.
<br /> '-:sh,�� '��. 13. DpID�and Obli' atIan9 03� . a) The duties and obfi ations of u sY�riti Be determined sotei,� � , z � j -
<br /> �` �9 +� ! 9 os'R��. �� .
<br /> L � ��''•^��''� the express��visions of thia Deed af.'i�iust,as�d Trustee shail not be liabie except toc t��partormance of such�i� , `•" �
<br /> :.• a� �_ �,, ... � � •—
<br /> �vr�i'�•°}�;'"'��',;l. anti obligations as are sp�ccific,al3Y set fo►ih hereln, and no impited covenar►t�ai o�figatians shafl be tmpose�upon ;.,, 5�"�<•� �
<br /> '`�;' �. . Trustee; (b) No provisIarn���Is Qesd of Trust shati require Trustee to ex�ir�n��ar tisk Its own tunds,or otherwise �' • �
<br /> � � '� t��E;�.``i incur any fi�ancial obtlgatian iYe��Prscmance uf any of ita duttes hereurtd�;it�tvr.tn�exercise of eny of its rtghts • � ��
<br /> `����` �� or power,if it shatl have grounds fau 1�ing that the repayment of such funds or t�ai�;�ate indemnity against such `�`�;.�;=.;__:
<br /> :. . risk or liabitity is not�easonabty asscu��ci i.3;ic) Trustee may consutt with counsel o$i?�''s�ava+�choosing and the advice : •• �__
<br /> _ _ ���such counsel shall ba tuli and cort�1�1�:r,ui�c�ar3sicn and protection in the�es�ect.43r.�r acuon�.or suffered :�:���; __
<br /> • :t�it hereunder 1n good faitfi and►eliac��rr�Q�;;Trustee shafl not be liabte tor arry�ian taken�i�fq�({�ud faith -____
<br />- .� � � • aii�reasoc�rf,�believed by ft to be eu,t��s#zed aR aai�:hin the dtscretion or.righ�and Rq?i,�s conferred upol�7r�(3�?.�is �- --�----
<br /> � :�j��;;�:,� Deed of�c�.�; . . . .�. , :••. . . --
<br /> . ,�� 14. A$3�Cnna1 Security I�rtnr�,t�3. Trustor,at its expense,will execur;��n►�d�tsitv+er 4o the Trustee,pror�ii.y {�... �-:
<br /> � • �"':`���•' upon demaad,such security instruments es may be requhed by Truatee,infcur,tir,artd sutistance satisfactory to Trustee, . _�
<br /> . _.. , � � 7 covering any of the Property conveyed by this Deed of Trust,which secuci�g i�n,sfruments shali be addit�onal security
<br /> � for Trustor's faithiul performance o4 ail of the temns, covenants and con�itions of this Deed of Trust, the loan • r •
<br /> ' ` Agreement,any promissory notes secured hereby and any other security inatruments ewe�ted in eonnection with this •.����,`:�''
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<br /> � . vansactton. Such Instruments shali be recorded or fited,and�e-recorded and refited;�¢�'rustor's expense. � � ' �
<br /> 1b. Miscettanaous. , .
<br /> _ ' � . �,f` (A) tn the event any one or more of the provisEat�u�ontained In the Deed of T�ust,or t�r� Loart ��ipqTrlement or eny �
<br /> `�, � promissory�ote,or any other secuiity instrumanf,g�uen In connection witi�this transaction,'sh�tT for any reason • ,;;;�,�._
<br /> , ' to e�A�Id to be invalid,illegaE or e�a�antorceabte tn�ny re�ect,auch invalidity,ti[��ii�sy or unenfo�ceabi�ry e��aU, � `��'�'���;r;
<br /> i '-f�H,:�'•'.
<br />;��,. at thQ cptton of Baneftciary, noR a��sct eny other provisfon of thls�aed ot trusE,�a4 thts Dead ot TrusY sfrail:�o :,,��yi�;�;:
<br /> , � • consuaad as if such tnvalid,(tl� al ar unenforceable provision had e�over been coniained hBreM or tharain. �-'��=--�-_--
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<br /> _ (81 Th�s Qeed of TrusY shaH be conavued accc�dfng to the Iaws of the St�te ot Nebraska. . . ' .:';���.,;.
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<br /> . . . . (C1 the Deed of Ttust gE�aJi(nsure tc and bind tho heirs,tegatees,deviseBS,administrators,executors,successors anQ `'' ��•��� '�:�'��
<br /> ,,,r:�:�•.
<br /> . . . essigna at the paRles heroto. :; f����.
<br />� � , iD} Truston shaU pey a11 texes tevioeU upon Yhi$QeeO ot T�ust or tho debi seeursd h�rc�h�,.togethe�with ony otha�teX08 ':.;�;��, ;''ry` �'�:
<br /> .� or a6iscraements�which msy be laviad e�ainsi 4he T►uatee o►Benetidtuy or the teQal hofder of the Loan Agre�ment ;',�;i;.y�;,;•�'•
<br /> . . . � . . on eccount of the trtdebtednesa ovidenco tfloroby. . �.�:;.;:�� �' �
<br /> � lE1 Whvnaver used herein,the singular numbar shail inct�e the plarat,tha pluraf,tha singufar,the use o!arry gender � •- "
<br /> �. � . � � shell•bo�eppticebte to eil gendar�;and the term"Ben�(icfary"shall�inclUdo any payee of the indeDtednesa hereby �
<br /> ',' ,. sgcutod'cr eny Vanater thereaf,wbether by operatiorr ot law or otho�riea. .
<br /> � � 16. Suecessor Teus4ea. Benerciery may from time to time substitute�t►successflr or successora to any Trustee _ '
<br /> � ' named herefn or acting hereunder to execute this Trust Deed. Upon suoll appeintment and without conveyance to .
<br /> . . ' the successor Trustee,the latter sheil be vested wit�afl title, powora�nd Quties conteired upon eny Trustea herein �. �
<br /> . � � , named or acting he►eunde�. Each such eppolntmeni or substituiion shall be made by writtAn instrument by Beneilciary. �.
<br /> � �� � '.1 containing reference to this Oeed of Trust.and its O�ace o4 record,which when recorded in the oftice of the Register • .'��:;,,;';
<br />- � � �s o!Oeeds o!the county or count�es in which said property i9 eituated,sha11 ba sonctusive proaf ot propet appointment •
<br /> _ _ _--=--,__.-.
<br />- • • � e�ttse successor Trustes. The toreQoing powea of substitution end the procedure therefore shatE rtot 6o exctusive ot � . .
<br /> � • 9194 408-3 ,
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