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<br /> . . 10-OS-1998 DEED AF TRllST Pege 8
<br /> Loan No 7616�8. � . 98� ��� (Continued) �
<br /> ���
<br /> • InlUates etepa auf�Clerit to dua the falluro end thereefter contlnues and oompietes all roafonebls�nd neceasary ete�euMclent lo produoa
<br /> . oomp�kna as�oon ea naaonabty pnaUOal.
<br /> RIGlRB AN�RENiEDlEB 6!� OEFAU.T. Upon the oecunertco of eny Event of DefouB 4nd el any time thereaHer,Truslee or Lender.at�optton,
<br /> may oxarcli�any orN or more otYfe followinp�phte end nmadN�,ln tddltlon to 4ny other dphte or remedtss provided by tew:
<br /> Aeuter�tl�upon Q�tliuth AddlUon�l ii�medles. If any ev�N Of dYtBUlt xoutD�e pet Ihe tetrtts ot Ihe Not9 eoaured hBreby,Lender may ,;
<br /> d�olus aN Ind�bt�drtas s�cured br t�b D�ed ot Ttust to b�dw�nd pa�nbt��nd the same e1u11 theroupo�became due nnd peynbb wllhoul
<br /> � any presentmanb dsmand.protest or�ot�e ot any kind. TheroartK.Lend�r irwy:
<br /> � (a) Elthst in pe�6on a by apent,with or without brinptnp any totion or proc�dtnp,m by a recelvor appolnte6 by e couA end withouf
<br /> ' ngard to th�ad�qu�oy ef Ib s�owUy��ntK upon and tak�po�s�nslan o!th�Propsrty,ot anY part�heri0f,In ib own nams or In lh�neme ,
<br /> . .:.cs of Tn�stea,and do any aots whtoh ft deoms rteaeseary o�de�lrabb to preswve the value,markatabluty or ront�blUty o!the Froperly.or part
<br /> ' � a}�prppo�y pr fnterest In the PropeAy;inarstee th�Inoome from the P�ropeAy a proteat the ssourity ot the P�operty;nnd,wNh or wilhout
<br /> tekinp possession o4 the Properiy,nuo to►a otherwlse coMot Me rents,issues�nd proflb of tha Flro�erfy. frotudirp thoss paal due and
<br /> unpetd,and appry the eeme,less costa and e�enses of operaUOn and colteorion,tnctudlnp uriomeys teas.to any indehtedness secured . �`
<br /> by thb Qeed of Trust.e�in suoh ader ss lendar may determine. The entedng upon n�d tnking possesslon of the PropeAy,the co!teotton ��:
<br /> of euoh rents,issues and proflb,and tha app�icatlon theteot aheN nM oure or walve Bny detault or notice ot defautt under thls Doed of Tnpt ��w,=
<br /> or invalidete any act done In responSe to euch detault or pursuant to suoh no8oe of defau�; and, notxitA3tandlnp the co�lnuanco in _
<br /> 1 posses�tan of the Propariy or the coitecUOn,rocefpt and epplbatlon of renb,issues or proAb,Trustea or Lender shall be enrtled to -
<br /> � enercise every rtpM praMded tor in the Note or the Reiated Documenta or by taw upon the oecurrence of any event af defautt,indudinp the �-
<br /> ripM to e�the pmrer of sate;
<br /> (b) Commence an�cticn to toredose thb D�ed of Tnrst es a mortg2�e,appalnt a recelver or sp�ciHCelly eMoroe any o!the covenants =_
<br /> hereot;artd
<br /> � � (c) peiiwr M Trustee n wrHlen declaraHon of defauft and demand tor sale and n wdtten natice ot detault snd eleetlon to ea�o Tnrsto�s �_
<br /> : .1 tMerest In the Properhto be sold,which notlae Trustee sAeU aause to be duiy filed for record(n the appropdate oHtces of the County fn
<br /> whbh the Properhr is located;and �'
<br /> �_::_:.
<br /> ----�--- -�i,�� (d) With tesPeCllo 8E or enY Petl oi the Pe�sOnel PirC�erN�Lender shoA have alt the rtQhts and remedles of a secured paAy under tho __
<br /> Nebreska Unlform Commerdal Code.
<br /> � Fotectoauro Dr Power ot&ie. If Lender eleots to Po�eclose by exercise of the Power of Sste heretn cordainsd,Lender shap nottty Trustse and =
<br /> '� . shali depasll wHh Trustea Ws Oesd of Trust and ttre Note and euah recetpls end eNdenoe of expenditures mede and secured by thls Deed o! -
<br /> ,. 7fust es Tnlstee may requlre. -
<br /> •��j� (a� Upon reoetpt ot such notloe irom Lender,Trustee shall cause to be rocaded,pabUshed and delhrored to Tnesta suoh Nooti�oe ot Oefautt
<br /> and Notbe of Sels es then requlred by law and by this Deed of Trus1. Trustee shafl,witAOUt demand on Tnator,after suah tlme as may �
<br />-.�f. then be�¢quired by law and after recordatlon of suah Notbe of DefauR and after Noti�oe of Sele haNng been pNen as required by law,seU __
<br /> .,.. .j., the Propedy at the time and P�e��e flzed by ft In suoh tVOdce of Sete,etlher as a whote.or In separate lots or parcels a items as ,
<br /> -<<�•;_ T�ustea ahe11 deem e�e�fent,nnd in such order as ft may determfne,at pubib auadon to the htghe5t bidder for cash In law(u�money o! �
<br /> s,,: the Untted States payebte at the tlme of sata. Tnistee shau deltver to such purcheser or purahase�s thereot Ib pood and sufffdent deed q7 �. _-
<br /> ,_,. , k deeds conveyfng tha propedy so sold.but wfthout any covenant or wananty,express or Implied. The redtet�In suoh deed of any matta�s E
<br /> -- or iacEs she6 on cvrwhhsi�h3 Drooi oi tRa iti�tlsfults��7t. Assp FOr"..Ott.!.'tdtsdlt�,Y�Itltetrt 4lmit3ll�n Tn_�der,TnLat�a,or Lender,m9y f�
<br /><'`":'r- purCh9s8 flt BuCh 89l8.
<br />_..r..:... ---
<br />'%`�� (b) As may be perrNtled by law,aRer deduolinp atl�,tees and expenses of T�uates and of thts Tnist,indudinp casls af eNdencb of
<br /> -t::',. -� -
<br /> tltle tn cortneaUon wlth sata,Tnastee shail apAry the Proceeds of sale to payment o? Q)aA sums a�anded u�Mer the tarms af thLs Deed
<br />-.'�� ,��a Tnist ar under the terms o}tAe Nota rtot tttun repald,Inciudng but not Ilmited to aoaued Interest and tate chmBes, (ti?eG othet sums then -
<br /> ': ,:. secured hereby.and QI)the rematrtder,i}any.to the pe�son or persons lepa►ty entlded thereto.
<br /> ” • � (a) Trustee may in tl�e msnner provtded by taw postpane eele of eli or any porUon ot the Property.
<br /> `� iie�diea Npt Elcctwtve.Tnmtee and Lender.and eaCh of them.shail Da enHltad to eMeroe payment end perlamanoB ot any indebtedness ��`
<br /> 14, a obUyatlons cecured by Wa•Oeed of Trust snd to�e ail dphb and powsra under this�eed ot Trust,under the Note,under eny ot the
<br /> RelQted Dooumerds.ar under any other apreement or any lawa naw or herealter in taroe�notwithstandinp�some or eU o!suoh indebtedrross
<br /> .. and obtipattnns aecurod by this Oeed ot Trust may now or hereafter tre otherwlse aeourod,whether by matpay��eJeed of tr�est.DwdDe�Ibn,
<br /> ' assf�nmant or othprv�ise. �the aocepffinoe ot thLs Deed otTrust nor itri enfcrcemerd,whether by couR aotlon or puts�unt to the power af
<br /> � sab or othqr powero coriWned in tMS Oeed of Tnest,sha11 preJudioe ar in eny manner�fiect Tn�stee's or Lerke�s dpht to reaitae upon or
<br /> °''.��.- . eMon��ny otMr�o�uttY eoM►a I�eroaRer hald by Tneslee a I.ender.M beinp a reed that 1'rustee nnd Lender,and each of them. shelt be
<br /> 0
<br />_ • ' entttled to entaoe thb Deed ot Tnist and arry other seawily aovr a heretRer heid y lender ar Ttustee In such arde�and manner as they or
<br />-�'�r.-. „. „�, ' elther ot tt�em may fn thet absoiute dlsaedW►dete�mine. No remedy conterted upon or reserved to 7lruatee or Lender.is Intended to be --_
<br /> �� qxr,4usfw of a�►y other remedy•in this Deed 9}'�n�st or by law provided a permttted,but each shetl be cumulsUve and sAeU be tn addlHon to � --
<br /> ... t• every othe►temedY qNer�Nlhb Dead of Truat or now ar t►eroatler eodsttnp at law or In equity or by staUtte• Every Powar or remetN qhren by the
<br /> ::� ; Noia or ony ot th�RelaUd DocumeMs to Trustee a Lender or to whioh eNher of them may be othenvtse er�dtlod. may ba exacised. --
<br /> coacurrently ar IndeFendenqy.trom tlme to tlme and as olten as may ba drjemed e�edient by Trustee or Lender,tnd�ot them may -
<br /> pursue Incon�atent rertie�+. Nothtnp tn!h(s Deed of'lirust shail be conshued as P�Nbitlnp Lender trom seektrq a deftclenoy Judpment ,
<br /> :• e9ninst the Tn�sta to ths�tant such�otlon fa permitted by taw. ����.y'=_:
<br /> `� .,! (tequeat For Notks.Tn�tor.on beheM of Tn�star and Lender,hereby cequesffi that a copy ot airy NoUce of Defautt and s copy of any NoUce �`°'`'
<br /> i: .
<br /> - ot Stle under this Oeed of Tnest be meited to them at the 8ddreuss set faAh In the brst paraaraph oi thls Deed of Trust "'��.��
<br /> ��.""`•�.' ' Walvert Eleollon o!Remedte�. A wetv�x by any parly ot a Oreach ot s provlslon of thta Oood o!Tnist shall no2 w�utltute a waive�of or __-
<br />�,• .�,,�• � prajudbs fhe par�/a Agh1s otl�wise to demnnd abict complla+aa wHh tAat provisfon or arry other provislon. Eledlon by Lendar to pursua Any W o^.
<br />=;;��;. _ rertMdy providsd in tNs Oeed of Tnat,the Note.In any Relatsd Dooume�,a proNdsd by Isw shatl not m�dude pursuit crf any atAer remedy. -=;ji,
<br /> :.{<�: • . and an etacHon to mak�e�enditures or to take adton to pE�rlam en obOpatlon of Tnistar under thb Ceed of Trust�tce�t�ilune ot Tn�to
<br />= pafam aheU not aiMct Ler�'a dpM to deoloro a detauit and to eocerclse anY ot Hs remedies. I,`�``.
<br /> <<'�'�
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<br /> ' .;,3.:,�5� Att0��l0yi'Fle�E�ns10. It Lender tro�any suft a aCqon to entoroe 8ny Of thB terms Ot thb D9e0 Of Ttu�t,Lender SheN be endlbd to
<br /> recover auch sum es the couA may adJud�e reesonebie ss aHomeYb'tees et triai ond on a�ry eAPeel• WRetl� a nat e�ry courf ectlon is
<br /> imrotved,W reesonahla�enaes tn�urred by Lender whkh in I,ender's oplrUOn are neoessary at e�ry tlme far the protectton of Hs Ir�erest or the ��J:;
<br /> - entort�nrerd of NS rtghts ahetl b'eeome a pert af Ure Indeb�a�rre�s peyabie on demartd and sheU beer interest nt ihe Note ret9 irom Me date of ,,i;::
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