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<br /> � , ' 4. IDefaults Trustor covenunts nnd ogrces that its fniture to make any payment of either -
<br /> . � � prtncipul or intere�t on the Promissory Note secured her�by when due and payable.or of!ts failure to
<br /> ° comply wlth ony of tha covenaaits and ugreements herein. shall cause the whole sum of maney hereby �
<br /> �- ��" �ecw�ed to b�coniQ dua and collecdble�i ottce nt the option af the Heneficiury�and We Beueficiary sliall -
<br /> ���f have the r�ght to cause Notice of Defnult to be given und the premises sold as provlded herein.
<br />- � S. �t is utuAlly Aareed Thwtt
<br /> !e. Trustee's OrdtnA Dutie.4: At any time and flom time to time�upon written
<br /> ., � F� � eequest of the Beueticiary,�ayinent of fees and presentation of thls Deed of Trust -
<br /> and the Proit►issory Note for endorsement(in case of fuU reconveyance�fur
<br /> � � � canceUation and retentlon),without afl'ecting the Uabiliry of anyperson far the
<br /> � payment of this lndebtedness,Trustee shaU(a)consent to the maldng of any map
<br /> ; or ptat of said property;(b)join in�rsndng any casement or creating any
<br />;�` restriction thereof;(e)join in any subordination or other a�reemeat a�'ecting this
<br />.�. �,�� :�!�,:•�:, �� Deed of Tn�st or the Gen or charge thereto;(d)reconvey,without wananty,all or
<br />_ _`,r..r`;�:,;'�i�.; �Y P�of ss�iid property. .
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<br /> � �'�?�'°� H. Recoi�v,eyance: When the obligation secured by this Deed of Trust has been
<br /> . r.+��
<br /> ' • .�.���; sa6sfied,the'hvstee shall,upoa written requsst by the Beneficiary.reconve the
<br />_ trugt pmperty. The Grantee in any reconveyauce shall be the Tnutor or its y
<br /> �`y��i.±�.,, suocessor ia interest. The Beneficlary shall deliver to tha Tr�stor the Deed of
<br /> '�''� Trust and the Promissory Note shown as satisfied aad pafd in Rill. In the event the
<br /> _. Henef:cIaiy improperly refuses to reque,st a reoonveyaace&�m the Tcustee,the
<br />- Trustor shall have the rights and remedies as set forth in Section 76-181�of the
<br /> Nebraska Statutes as the sauie are constiwted at the tune this Deea of Ttarst is
<br /> r,. .- :�, executed.
<br /> ��;.
<br />� `,4'� ,r,�� �. �{2siass!!�nd lt�i3skac-s 3a�'�ae'�'raee�are: iIgaa slef�sl!hf Tsts�tor ia itte =
<br /> ..:�,...�� -. , ." payment of any indebtr.ctne�su:ured�er�y c�r in the pafoi�naace of uny .
<br />'��'_;,;.:.<;;� agrecment hereunder�Beneficiary may dec2are�91 sums scevred hereby
<br />������� - immediately due and payable by delivery to't�stee of a wrItten declara4ien of
<br />���`.�n�r. defaul� If Beneffciary desires said property be soId,it shaU de�posit with Tiustee
<br />-��,4�,'��f , this Dced of Trust and all Promissory Notes aad documents�vndenciag
<br />=-=.r,±.�-- expeaditures secured hereby,an�i shaU deliver W Trnstee a wtittea Notice of �
<br />�:��.: � � Default and election to cause said propecty W be sold in the form requit�zl by law,
<br />�=-�.:x. S�� wlrich shaU be duty filed for record by the Ttustee. Sale and distribution
<br />-.�-" - procedure shaU be as follows: �
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<br />�����t�'r (1) After the lapse of suah time as may be required by law following the
<br />�ar.y;,�r„�� _ recordation of said Notice of Default,'and Notice of Sale having bcen
<br /> given as requued by law,Trustoe,withmut demand on'I�ivstox,sball sell
<br />-1�"' ,� � said progerty on the date and at the t�e and place dessgnated in said -_
<br />--�-=��"� Notice of Sale,at public auction to the tughest bidder.the pi�rchase price '
<br />-=��=�"" � to be payable in Iaar�l anoney of the Unibed States at the time of sale.
<br />'�'`'r�" The person conducotng 4ha sale may�for any cause he dams expcdie�,
<br /> �r1�
<br />�::�.;'' � postponC the sale from time to time uatil it shall bec�mpleted,amd in ..
<br />- ='"�". �� every case.noiice of postponement shall be given by ubHc dectarati,qn
<br />- �'�``� thereof by such peison at the time and place tast appomted fo:th�s�;lp; ;
<br />`��w�"r� pmvided,if the sale is postp�uned for longer than one day beyond�the day
<br />-_;;,,�,;�i;�a.:° � designated ia the Notice of Sale,aotiee thtreof s�aDf be given ia the same� .
<br />�-��L��°''�,,,,`�` manner as the original No�ce of�alo. Tcustee sha4}axecute and deliver w �
<br />�;.�.;,;'.'�;;:_:. `. the purchaser its deed conveY�B��fl�1�rtY so sold,but without any �
<br /> �...: ... :.� - cnrenant or watranty,express or iIInpl�ed. The rccimLs in the deed of any .
<br /> "`''� � matters or facts shall be 6onclusive proof of the truthl�Wess thereof. Any
<br />'�:�.:.. . person,including th�Beneficieri'.�Y Purchase at the sale.
<br /> (2) When Truste�sells pursuant to the powers herein,Tivstee shall apply the �
<br />���.�. � " proceeds a4'sale to the paymeat of costs and expenses of exc�scis's�►g ihe
<br /> � � power of sale and of the sate,including paymont of Trustee's fe�s actuaUy -
<br /> '_ ��.' incnmed�wlrich Tcustee's fees shaU not in the ag�regate exceed tk�e
<br /> - • followiag amova►ts based upon the amoant secured hereby and remaining
<br /> '�'�. ' un d S mum oa the fiist$1000.00 ttzereof•.OS �+oent�n on the
<br />:�, , �,�;,F,r, � � � , , � .
<br />'t;,;,:,�>.;�'��..,.� .� balaace tlaereoF and then to i�he items in subparagraph(3)in the cnder -
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<br /> � . � � (3) After paying the items egeci5ed in subpara�aph(2)if the sale is by =_
<br /> � Tn�stee or the proper court,and other costs of foreclo�ure and sale if sale °
<br /> - is pursuaat to judicial foreclosure,the proceeds of sale shall be apglied in =
<br /> _ � , the ozder stated to the paymentof =
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