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<br /> . � r . 00-16-1998 DEP'D OF TRUST 98� ����3 peQe s [
<br /> "� c' �.�t�n No 7A3406 (Continued) _
<br /> _ , • — -
<br /> � � ; of suah ronb,issuos and praflts,nnd the appilcatton thereot she0 aot oure or watve uny delauTt or not�e o!detautt undor Ihls Deed ot T�ust �
<br /> � or Invalidate any act done t�responso to such defautt or pursuant to suoh no!tce of de�eutl;and,notwltAstnnNng IAe conBnWtnc9 in
<br /> � possesslon W tha PropaA�r or the coUectlon,recefpt and appllcaUon ot renb,tssues or proflts,Trostee or lender shall bo enUtled to �.
<br /> � � exerctse every right pravidod tor In fhe Note or lhe RelateG Documents or by tqw upon ihe occurrence of any evanl of defautt,including the f
<br /> tiphl to extltCiS9 ths poWet ot sFl�9; ...
<br /> (b) Gommence an action to toroc�ose this Oeed of Trust as a mortgage,eppotnt a receivor or spaclficaUy onforce any ot the covenants �
<br /> � ., hereof;and `
<br /> ' I�asstuin tha PrpeAy to be so d,wh ch notioeBTn�stee Sht11i Canuse to beeduly filbd fot tecodn t 888pprop ete otfloes of the Cop�ntyn F
<br /> � �
<br /> � �".?
<br /> whfob!he Propedy is iocated;and -
<br /> ���,"�� Nebraska Unif�tCom�me�lal Code.f ths Personai PtopeAy.Lender shati have atl the�fphla and remedtes of a seoured parly under the =
<br /> � } Fotettotude by Po�er ot 9ale. If Lender electa to foreclose by exe�ise of the Power o!Sais herein contalned,tsrtder Shati notify Tn1�a and
<br /> �� ; � � � � shali deposit wiih Tnistee Ihis Oeed of Tnist and ihe�lote and suoh►eceipts and evtdenCe o!expenditures made and secured bY�'�s I�c�d of
<br /> c Tnt�t es Trustee may retiutre.
<br /> � (a)Upon reoeipt O4 su�fi nodce ftom Lender,Tnutee shall cause to be recorded,pub6sh2d artd detivered to Tntstor sracN l�tn5,�a4�eCaa3
<br /> ' � and Notice ot SaUr�es 41fi�►BqWnad by iaw and by this Dead o!TrusR Trustee shatl,+wi�ou4 damztrtd on Trust�,aP�r sc.^eh�:n0 tas rn2�y
<br /> then be requlred b�y taw ane!aftErr aecordatloa of euch Notice ot Detault and after NoHce o?Sa"e hav7ng Qeen g:v�n as eequ�od�r�Yn�s�lf
<br /> � ,�� the P�roperty nt tha ti;na�nd pacra v4:s�te ftxed by(t In such Notice of Saie,eltAer as a whata,�r tn�mortrab Bas cer�arC.e�ZS a(4osm�ss
<br /> Tnptee ehaN tJessn a�ant.qQ!�Im��.�h o�der es tt rtwy determine.at publb at�lbn to ihe hipha�t p�dder!ae�n tn tawhl money o!
<br /> �� _ �' � : the Uniler�States�aYable at Mh0 timo�a4 Sate. T�tao shal►deltver to such umhasraraz nr purohasers thersoi its g�ad an�ssciBdant deed a
<br /> p hfl
<br /> deedr�coavey[e�y QPea prqpetty so 9a�¢B.iftN witho�anyJ�eve�ant or wertaniy.e�ross ar impited. The redieis in s�cQo�hra�of any maite�s
<br /> or f9Cts SQreO�0 6CnCiusSye pf��Q9 thfl truth4u�R28s il�areot. Any person,irtci�iveg�;ithout 8m(tallon Trustor.Te�,ataa,�ar Lender.may
<br /> � PurcPeasa atsueh sai�.
<br /> (b) As may Oa R3rmit►a¢R�by taw.afte�+deducting all costs,tees and expens�s of Tvms!ee end ot this Tnut,trtctuding oosls of evidasi�a 4t
<br /> , �" �:• titte in conRection nuil�Safe,Trustee shall spply!he proceeds of sale to payment dt (��ti sums expended under the temis ot tha id�a�07
<br /> � ,� . Tnnt a under tho 4er�s of the M1lete�ot then repaid,tncluding but not Ilmited to aa�i�erest and►ate charges, (ii)atl other sums 9Pran
<br />_ secured hereby,aved�'�the remafnder,i}any,to the person a per�ons legally entit�otl thereto.
<br /> �� �� (e)Trustee may ire tha unanner provided by�aw poslpone sate of ali or eny portion o�the Properly. �
<br /> •�;. Remedies Not Exctus�ve. Trustee and lender,and each o}them,shall be enUtled to enface payment and pertormance of any Indeble�Bn�S
<br /> or ablipaUo�secured by this Deed of Jrust and.to wcadse���IIII rtghts and powe�s under lhis Oeed of T�ust,under the Note,under o9 tr�e
<br /> � � �� � Retated Documents,or,under an�y pth�r aprpemerit or any i�now or hereafter in fonce;nohvithstanding,some or aA ot such IndN�adnass
<br /> -t,»..• and obllgaUons secured bytNs Deed o!Tnist may now or afler be otherwise secured,whether by mortgape,deed qf trus1,pledpe,llen,
<br /> � � ass�nment a otherwis�'1•Neither the ecoeptance of this Qea ot Tn�st nor its eMoroement,whelAer by cowt acUon or pu�saeaM tq the power of
<br />-�, �ab E++'ot�ibr�i owt�o.:'v+���lriad hs t!�Osad ot Tsua'.:Srt4:��ttdlcs at!n srlp snannes af1�Tsss�s's ot l.asfd�s t!��3C Y�lI�t�CSS tx
<br /> ,-:��I'- � . eMarce any other sec�baiiq rtow or hereafler held by Trust�a or nder,it betnp apreed that TNStee and lender.and enah ot it►em,t�hall bs
<br /> entitde�to o�oroe this Oeed ot Tnist and any ather sectMty now or hereaiter held by Lender or Tiustee In such ader and manner as they tr
<br />=�_-� �ilhar at 9L�p:n may in thea absolute disaeUon determine. No remedy conteaed upon a�ved to 7nastee or Lender�b intended.Ao�+a
<br />"""` �` ''�' oxcl�iKi��ta�y ather remedy in thb Deed of Tnist or by Iaw provided or permitted,but each shail b$cum�tative snd shaN W►in or►•9c
<br />-�,-, •-i:, e YerY Power or rert�edy ywn 9ha -
<br /> ,.���;:•��-. v�ery ather romedy�IYen:in this Deed of Tiwt or rtow or hereafter e�dsfinp at Iaw or tn eqatlyy ar by statute. E
<br /> ti�_s:�=*+;=�r">. • Note or phy ot'ihe�Retat�� Documenta to Tnistee or Lender or to which either of them may be oiherwise erMitled. may bt ooc ;
<br /> ,;•r,._�.�.ry.i,;.,.,,• ,co n c w re M iy v r i n6epe c K i entiy.(r om dme t o tlme and as often as ma y be dee�ez�s�llor�t by 7NStea or Lender.and either ot lham ena y
<br /> l ' ;pursue In¢�slgtent remedlos. Nothing In thta Deed ot tYust shaU be consVUed as prohib➢Onq lender from seeWnp a deflcienc�r judpmeM
<br />��:.:`�•�.��w��'�� agatnst fh�Trustor to the extent suah actlon Is Permitted by law.
<br /> -+.i.,..�t'.
<br /> - �equeat,Far fc�otlae. Tnutor.on behalf of Trustor and t.onder,hereby requests that u copy ot any Notiee�of pefautt and a copy ot any Notbe
<br /> ;fi�f,�,'ti"���.,,,. of Sele undp thts Deed of Trust be malied to them at the addresses set fath In the ftrst para�raph o!thb Qeed ot Trust.
<br />�y_g;�.,i-� WMver.E/ectton o!Remedies. A wahrer by any party ot a breach of a provtston o!this Oesd af Ynist shau eo2 cnnsflhAe a watvor of a
<br /> --- preJudice ihe vad�s�hts otherwise to demand strk:t comptiar�with that provision or any other provfs[on. QecHon by 6.aiader to pasu9 any
<br /> ° �remedY OroNded in this Oead of Tnist,the Note,in any Related Dxument,or provided by Iaw ehali eot exduda p�asuii�!nny afAr ronwdy,
<br /> —�M�,�?�+,t.� and an et9edon to make mcpentlttures at to teke acHon to paAorr�i a�i obiipatlon oi Trnstot tsndct t�is Oesa of Ttfwt 8l�x Nessn�i�1 Tn_�ta to
<br />- - �,a� per}orm ehal nct aih�ct Lsndefs�igM to dectare a default and to exercise any of its remodies.
<br /> _�;��;�;�� Attom0y8''Ree�E�cpenaes. If Lender InsUtutes any suit or ecHon to anioree any ot th9 terrt�s ot this Deed of TNSt,Lender shall be enQdled t0
<br /> =c.�ec�es.3� �tecover suoti sum as tl�o court may BdJudge reasonable as ettomeYs tees at Mni and on amr epPeat. Whelher or not any cax!ac9on B
<br />�,�:,Y,� 'involved,ali reasonadta.eupensas incurred by Lender wNch tn tsndePs opinion are necessary at any tlme for the Rro2ection o}Its intsrest or the
<br /> Q=r-.,,=� eMaosmerd of fts rigtlt5 shaQ become a part ot the indebtedness payebie on demand tt�d sheC kear Interest at tho NqZa�ate trom ttw date of
<br /> �-�`�='"-..� e�enditure untli repdid. Exponses covered Dy thb perayraAh include,wlthout UmffflUOn,however sub}Ext.tp arry Utrr�itt9 under eppHabb law.
<br />—�`"`"''"� '• Lender's attorreeys'tees whetlrer or not there fs e lawsult,inctudtnp attomeys'fees tor bankniptoy prae�edings(in�tadtng eKab to modtt�l or
<br /> ��`-L.�-w;--�� vacate any automatic stay o►inJunctfon), appeats and an;�anddpated post-judgment coilectlon seivices, the cost o!sear�chtn�recads,
<br /> ' - "- obtelntng tltle repats(induding toredosuro reports).surveyas'repub,eppratsat fees.tiUa ira�uanoe.antl fees for the Trustee,to the exteM
<br /> �^'"}=°��� P�ed bY BPA�Ie Ia�. Tn�stor atso tvlq pay any court Cos�.in eddieon to eli olher sums provtded by law. .
<br /> _.,�, --g-,__~�= R1�tss o!Truatee. Tnistee shati have ail of the dphts end dutles of Lender a5 set lorth In this section.
<br /> --=-�-'_�:.._=_.�� POYIIE'RS AfV�09LItiATtONB OF TRUSTEE. The foUowinp provfstora retaBnp to the Powora and obD9aSOr�s of Tnistee are part ot this Oeed of
<br />_—�'"''�il,-�� ;%,�S. Ttust.
<br /> _�-"`•`�' ° :,.�((::.J , Powe�o�7rlestee. �n addHton to elt poweea of Trustae a�ising as a m9lter ot IBw.Trustee shaA have the powat to take ttw taiowing aaUo�
<br /> '��, . .. . .�•:� ��� •• wNh resQqCt id the RraysAfr upon the written request ot I.ender and Tn�stor: (a)I���P���D and ffUrg a mop or ptat Cf the Rwt Piropaty,
<br />_..;t4r����,��� ; ' � . fndudtn{T!ho�'Qd'rAS.'��+o45heet6 or othet tighis to the pub1lC; NI loin tn granBnq eny�semet�or creadng any rostrir,Mion on t�w Re�l PropaAr _
<br /> ,<g.?„r�.�. , and (c)�Oln Iq.aqY:;u�cos�r.�91on or oiher agreement atteattng this Dead of Trust or 4t��:�rest of lender under tAis Deed ot Tn�st.
<br />��tz��r;,i , ,., , .
<br /> �•r;., . ...�,,p�Q� ' TruslEO. Trus4¢e shali meaf nll qualtticatlons required tor Tn►stae under applk�bte law. In addWon to the riphts and remedies set tath above,
<br /> r��°��� with a,g39ect tm a0 or 8try patt of the PtC��►,the Trustee shatl have the right to toreelase by�otice and sei9,nnd l.ender sl�a8 have t!�ri�hl.to
<br /> ` �` � ' £:�r:��{ foreNo3e.by Judidel toreposure.tn aitt,�r tarv fn aeeordnnco with nnd to the tull ettter�psoNded bY apPllcabls Isw.
<br /> � SueGeafor Trustee. lrander,at Lenders opUOn,may from Hme to tlme nppWnt a suxessa Tnistee b any Trustee appotnted herourr�er�►y eh
<br /> i� insirument executed ared ecknowtedged by lender ar�s�orded in the offElce of the a�rder ot HALL Cour►ty.Nebms'ca. 71�in�ncm.ent sAaY
<br /> - • �� trontain.ln addition Co rd0 c4aer maN.ara roqttfro�my s¢aGa taw.the names of the ari�r�ll lender,Tnistee,and Tn�°.�.Cho�isaic stnd (or -
<br /> �
<br /> " • ., :,f, eomputer sy8tem re:aroamo)whero ft��De80 of 7rt�B Ls ruecorded.and tAe nsme artd�ddass ot the cucae�o►��.ond Yha:tv;SS�C� shaY
<br /> be e�teCUted snd aCicnuv�eQged by r'�.A fRO beneAcfar6es ttttdsr th9 m�af Ttust ot fiBY 3uoeessCrs t:�L,��... litm s�ar'fr.�tctb,'wifDt0ltt
<br /> __±�__ ---_ comreYgnce of the Property.shati su�ed to ap the tltle,Pawear.an�dutf�s eanA�nt4d t�on She trc�Cao t�^�Q�c9�nat arod Qy qaplipbie -
<br /> , ,:� law. This procetlure tor subsatunon at mistee snan govem co me c�r�mt w a�amaa�om ror�,c�mmn� -
<br /> ` . NOTtCEB TO TRUSTOR ANC OTNER PARTIES. My�oUCe under this Deed e4 Trus4 s41�t be in wrfUng.may bo s��t t�y tebfacsim9e(uMess --
<br /> ° , otherwise requtred by law),end shati be effeclfva when e.ctualry deUvered,or ufien�d wEth a nattonalry recogrs�cvamight couder.or.N
<br /> - meiled,aheil bo deemed effe�otive when deposited in the Untted StBtes mall first eiass,Csr6fled or rep�ttered mail,posfage prepaid,direeted to the -
<br /> � addresses showo rtear the Deylnninp of thfis Deed ot Ttust. AnY perty maY ohsnpe it4 addrc�ss for ootices undsr thig peed of T�ust by givinp formal
<br /> __ � wdtten notfce to the other parlies,specitydng that the purposa of the nctice ts!o ct+anpo the parys addross. Att coples of notloes ot toreci�e trom =
<br /> th0 ho�der of any Uen which has priortly over thts Qeed ot Trust shail tre sent to Lende�'s 8ddress,as shown rtear the beginning of thfs Deed ot Trttsi. -
<br /> For noUoe purposes.Tntstor agrees to keep lender and Tnutee Intormed et eU ttmes of Trustor's curtent address.
<br /> MI8CE11ANECUB PROVISlOHS. The Ioitowing miscelianeous provistons are a part o}this Qsed otTrush �
<br /> = ° Amendmenb. TAIs Deed of Trusf,toeether with any Related Dxumenb,constitutes Me enure understanding and a�reemeM of ihe par�s ns -
<br /> to Ihe mattera se!torth tn thfs Oeed o!Trust. No aiteration ot or amendment to this Oeed ot Tn�st sl�afi be effeeWe ttNess gtven lo vrrfUnp end
<br /> signed by the paAy or paAies sought to be charged or bound by the etteration a amendmen� �9;„ �
<br /> : ° �' 2ya!; "
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