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<br /> •;� T.APPOA�'PM�Pf'P OF SUCCESSOR TRUSTEE.Hene&ciary may,fmm ttme to time.by a wrItten instrumeat e:ecuted aud -
<br /> . .:•v,,�. aclmowle�l6ad DY Beaeficiary. mailed to Trnstos and Recorded in the County in which the Tniet Estate ia bcated and by =
<br /> ., . ;�� athe�vlse aompl,yIng with tt►e pmvIeiann of the appHcable Iaw of the St�tW of Nebree�n aubudtute u eucceasoror succe3cots ta =
<br /> tt��Yuetee nemed hareim o:acticg hereunder. -
<br /> , .. , 8.SBCCE830R9 AND ASSI(iNB.Tdie Dend of 7Yuet applle3 to.lnuzea to the beaefit of aad binde all pras8as t►ereto.thoir
<br /> . •, heiee,Iegntecs,divonoee,gorsonul repreaeutativeu,sua:essors nnd oasigne.The term"BeneSdary"ehnll mean the owaor and .
<br /> holder oY the Note,whether or not named na Benefsdary horein.
<br /> ' . �:� 9.INBPEGT[ON. B6A@�CISTy OT It8 8$t�AC AIQ�I p1UI[0 i8$80A86I0 QAtiI08 L1p0II 9nd�ABpL'CLIOAB Of fa1@ Pt+OjIBI�y BBAQRC3QTy
<br /> . nhull givo Truatar noLica nt the Hme of or prtor to un lnspectioa epecitying reaxonable couse for the iaspection. _
<br /> ,��� 10.TltUSTOR NOT RGLEASED; FORBEARANCE BY HENEFICIARY NOT A WAIVER.Exteneton of the time for pnymant
<br /> a or modiiicatioa af emorttsation of the eums secured by thie Socurtty inetnunenE�eanUed by Beaeficlnry to rany nucecssor ia
<br /> :�---"�!�'�' fatorcat of Twstor ebnU not opernto to seleuso thu ItabiUty of tho nrigiael TruaWr or ltuxto�a eu�xeseore in intare�.Honoflainry �
<br />- ehell not ba cequtred W commonm prooeedtage againet any eucceAUar in intomet or rofLao to extand timo far paymonE or
<br />- � � othorwino modif�smostiuttion of tho suma socured by thie 8ecurtty Inetrumeat by renxon nf any domand made�by thn ori�tnnl
<br /> �" TruRtflr or 7tuator's sucaxxore in intorcet.My farbcoranrn by BanoRcinry in exereieing nny dght,pr reme��1 aat bo 0
<br /> �' c�divor of or precludo tho ozerctr.o af ony dght or mmedy. � �` -
<br /> . ." 11.TRAIV9FEIt OF THE PROPEATY OR A HENEFICIAL INTEREl9T IN TRUBTOR.If nll or eny pnrt of cho Property
<br /> ' � ,�. or a►y interoet in it ia eold or traaaferred(or it a beneRctnl intarast in Tnsetor is sold or traneferied and 74ustor ia aot o
<br /> . natural person)without Benetidury'e prior wrltton conseat,Bene Scinry m�y�ut Its option,require immediate paymont in
<br /> thU of all aums secured by tbis Se�vrity Ia$trument,however,thie optioa shall not be eAerctsed by Henefidery if exercise
<br />.; � � is pmhibdted by federal law ae of Lhe date of thLs Security Iaetrument.If BeneSdary eaee�cisea tbia opLioa,SeaefiaIary ahsll •
<br />-'°f`'"��`�� give�Yu�to:aattce of axeleratioA.The notioe shaU provIde a periad of not less than 30 day»&om the data the notioe ie
<br /> � ��;' � '�� ' deHvered or mailed withia which the Tn�ator mnet p�yr all eums secused by this Security Inetrument.IF 74ustor feils W _
<br /> � � p�y theae sums pzIor to the expiration of thia perFod,Benefieiary may invoke any remediea permitted by thie Securlt�y
<br />_.'••,;:,'; Iasttumeat without furf.her notice or demaad on Trustor.
<br /> � 12.EVEN'P!9 OF DEFALTLT.Any eY the following events ehaU be deemed an eveat of defsult hereuader.
<br />�* ' '�� • e.Trustor ehall have failed to meke payment of any inslallment of intereat.prladpal,or priacipal and Intenost or
<br /> .�.;
<br /> , any ottter su�sec.ur�d hereby when due;or
<br /> "' ' b.l9zere hns oocurred a breach of oa d•fflult under any term,oovenamt,agreemeat.coadi�on,pmv ieian,reprosen-
<br /> - '°"fi tatton or warranty oontained in aay of the Loan Inet�umenta.
<br />•:`u�•:'�' 19.ACCELEItATION;REIVIEDIE3.$eaeSciary ahall give notice of default to Trustor prIor to acceleradon foIIo�ving
<br />-'"=•'� 15rusto�'s breach of a�q oovenant or agreement in thia Trust Deed.The aatice ahalt spc�cii3�:(a)the default;(b)the actIon
<br />_::•-�;• ' .
<br />_-- required to cune the defsult;(a)a date.not lesa than 30 daya from the dtit�che aotice ie given to Trueto�by wluah the
<br /> r'r'• default must be cured:aad(d)that failiu+e to cure the dafault on or bafw�e the date specitied ia the notice may r�ult ia
<br />_.�:.hi����;� . ocoelemgon of the svima secured by this 3ecurlty Iuatrument and sale a4'�he Property.The aotioe ehell ibrther inform _
<br /> ,_;;:;^»�� 'ltrnsmr of the aig�t w reinstate af�er acoeieration aad the rig�t to bring a conrt acEion fio esaeri imn uv�ta�a�f a .
<br /> - -�_,s�
<br /> -��..tir.-z�� default.or aq�r otber defense of Trustor to eoceleration and aaIe.If the defauIt is not cared on or 6efone tF:s daie spv5+�4
<br /> . �'..:J.��.
<br /> ����,� in the notioe;Bsneficiary at its option may require immediate payment in fiill of all sums sec�red by thie SecaxreLg.
<br /> Inatrun¢ent wlthoiat•furtb.er demand end map iavoke the power of eale and any other remedies permittcsdDy app3�es� .
<br /> ---____--— law Trustor shall.bs�entitled to collect all e�azeses incurred in puesuin�the remedies pmvided ia thi�r Daz'sgraPh 13. •�
<br /> - _ = includ'wg,but not liauttted to,reasonable atto�ae�s fees and oosta of Lftle evidence.If powex of sale is inenk�d,Trustee shalY� :'
<br /> _���.-"``°""�� reaord a notioe af e�sult in each oounty in wl�ich any part of the Ptoperty i$la��ted aud ahsll ma�capiea of such nofz,ae ',. ..
<br /> �--�PYpi�7l�
<br />-- ,,,�� �n the menner Pre�'ibed bY BPPliceble luw to Tioetor and to the other pereons prescr54r�a,'t lby applicable law Aftier t�ie�me
<br />,_,�__�.��.� requi�d by apg�W�iaw.Trustee ahaU give public aot[oe of eale to We pere�me and in�e manaer presc�ed by app�ia-
<br />__;�,;,,,�,� able law Trustee,wi4.hout demand on Trust�,ahall seA the Property at public suction to the highestbidder aLtLe t$�me: ,
<br /> _� anil plaoe an�uq¢sr the terms deaignated in the notioe of sale in one or mm+e parcels and in an,y order Teuetee determ�iaea
<br /> - Trustee may plestpane sale of all or any parcel of the Property by pubfic nnnonaaement at the time end pleoe of anypre- . •
<br /> vtously eeheduled eale.Beneficiary or its designee mQy pu:rhase the Propbaty at aqy sale.Upon receiptaf poyanenfl q£t,he ;`;1:: ::
<br /> priee Md,7'rnatee shari deliver to the purcbaser'lYuatew'�deed Conveyin�the Prope:ty.The recitala ia the Tnaetee'a�'lead
<br /> — sbell be prima faole evidenoe of the truth of the statemeata made there�.�'rustee shall apply t�e pr000sde of tdte�7e in
<br /> the follawiag order:(a)to ell expenses ot the eal¢y including,but aot limibed W,Tevstee's feea es permitLc�b3�aPPlicabla .
<br /> law amd reaeonsble attome�s fees;(b)to sll sums sec�red by this Securlty gnAtrumeat;and(o)any euoegs W ttito pareau or -
<br /> --� peison�legally entil�e@ to it ,
<br /> --��;'''� 14. B�;NEFICIARY IN POSSESSION. Upon axeleratioa nader paragraph 13 ar abaadonment oE 1he Property.
<br /> - - — BeneSciary(in pereon,by agent or by judidellyr appointed receiver)shall 6e entitted to enber upon,•toke passessioa of aad
<br /> --__° mansge the Properiy and to collect the rents of the Property including thase past due.Any roata wll��6p Beneficiery
<br /> or the reaeiver a1talF.be applied first to pa,ymenE of the costri of managemeinC of the Pe+opatiy aad callecLion�oGrente,includ-
<br />=°---°°�- in�but naL limi�ed to.reo�i�e�e tee�.�remiums on reoeive�e bonas and a+��,sonabie actorney�s fees,ena tu�u w c�e eums
<br /> - -------= secunea by ehia secuiity Instr�men�
<br /> - --= 16.REMEDIF.9 NOT EXCLtJ3IVE.Tivatee and Benefictarq,and each of them,sl�all be enti8sd to�•�byAnent
<br /> - and performance'of a�y indebLedaesa or obligationa secured hereby and to�ercise all rights and poivvem vndetr t&Ib Deed
<br /> —�R � of Tivst or imder any Loan Inatrnment or other ageeement or anyr laws now or hereaRer iu�force�no�wEE�l�dit�some
<br /> —='i°°�6r'�' or ell of tne suct�indebtedness end obligntions seeue+ed hereby may aa�v'or hereaRer be athm�vise secu�rod�•�vhether by
<br />--;��;s=�.,•';7,;.�� murtga8e.deed of teust,pledge,Iien.aasignanent or otherwiae.Neither the acceptan�aYthis Dieed�bf ZStu�aor ita enfone-
<br />- �•. ":�' mor�t�v�ether by oonrt edion or pursuaat to the power of sale or other poarers herain•oontained;sflallipre�udice or in any
<br /> - . manner affect Tnratee's or Beneficiar�a right to realirs upon or enfarce any other securiby amv.or h�+es�r held byTrustee
<br /> � or Benefcciarq.it being apreed that Truatee ead Benefiriary.aad each of them,ehelI bo entifi�d•to enfm�e t�aieDeed of Tivst
<br /> 'y:;•�.•�-,,,+• and aqy othor security aow or her��after held by Beneficiary orTrnstee in such o:der and•mswnar c+s 4t�ey oreittter of them
<br />-- - _ _'� � mqy in their abeolate disa+etion detarmine.No remedy hemin confere+ed upoa or rese:verl to�l4i�tee orBeaeficiary is
<br /> .. _ . intended to be exclusive of eny other oemedy hereIn or by law provIded or permitted,but eadi�uball'be cutnulative aad
<br /> ` •� shall ba in addition Lo every other remedy�ven herewider or noar or hereaRer e�sting at law or in equity ar by statute.
<br /> �`��� � Every pawer or remedq gnren by any of the Loan InstrumES+ts to Truatee or Benefi�ary or W whicb either att2�em may bo
<br />�L;,��:-..-;;.
<br /> -.. ;L�s:,,.�.s.. otherwise entitled,may t�e exercised,ooacure�eatly or independently.fiom time to time and ea oRen ae mny bedeemed eape-
<br /> _�
<br /> __�:tiz !�-_��;y:� dieat Dy 11v�stee or i3eneSCiary aetd eSSRer oi cnem may p�e inoonsisie�i�memea I:oi6ueg neiein eaeu oo�vaai��icu
<br /> � as pmhibitiag Bene&dery from seelcing a deficiency judgment against Ehe Trustor to tho eatea!ench action i�permitted
<br /> � z , by law
<br /> • 16.(30VEIWING IAW. Thse Deed of Truat ehaU be goveraed by the lawe of the 3WLe of Nebrnskn.in the eveaE that
<br /> � , any provisioa or clause of any of the Loan Inetrumeata rnnfli�s with eppllcable lawa.auch oonfllcts ahall not affect ather
<br /> pmvieioas of such Loan Inatruments which can be given effect without the oontlicting pruvision,tund to lLie end tho pr�
<br /> vieions of the Loan Inetruments a�+e declared W be severable.Thie instivment cannot be waived,cbt�nged,discLarged nr
<br /> ' � . terminated ornl�q.but only by an inetrument ia writing eigned by the purty against whom en�rcemeat of sny weiver,
<br /> , change�discharge or termfnatioa ia sough�
<br /> •- 17.RECONVEYANCE.Upon payment of cill suma secured by this SecuriLy Inatrument, Beaefidasy shell request
<br /> � � TAVatee to reoonvey the Property and ehall ewrsndcr this Security Inatrument ead ell rtotea evidendag deDt secured by
<br /> „ ':� G . thts 8ecurIly Instnsmen!to'l�uatee.Truatee shull recoavey the Property without wnrrnnty end wltheut cLerg�e to the per-
<br /> son or pere�ns le�.11s entftled to it.3uch puxson ur persons shall p�v any recordation costs.
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