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1� "____n lf..— ` - .-.:.--.- <br /> . . ,. ....""._"_"__._ .. . . '__...��__"__—___�...�.._'_'__ ' ._ .._ ' " <br /> � <br /> �y %�.i:t'+��� t.+�►�T�rY... - .. . ' : r -�'�F. <br /> JF11L.����•r1"I'Y ^11 M �^� --: _;_ . ..� <br /> . �� <br /> , ., .. . . . .;i� .�r _J..�,i�,a . -,;o=— - <br /> :a �1. w ."rt.L � � . �.L •, e�.T � <br /> - �.� �- ���� . . . _..__-. <br /> � � <br /> . 97".f��,2-0.,3 <br /> 7.APWJINTMFlV'1'OF�3UCCE890It'1'RU8'A'�F.NenoQclary may,fmm tlrno ta timo.by n wrtttaa inetrumont executed aad <br /> �eknowlecl�ed by 8eneficl�ry,mailed to Trwtor and Remrded in the Cnanty in whleh the 7Yuxt Eatste ie located utd by <br /> otherwiee oomplyinp with the provi�fonn o!the sppllcablo Inw of tho�itnts of Nnbrneks�ubntltuto e eucce�usor or xuoceneon ta <br /> thu'Pruatee named henin�r ncting hemunder. <br /> 8.6UQCF.1930Ii8 AND A69IQN8.Thle Ike�l of'lfuxt npplien to,inure�tci the tsene['it of'and binde all parNee honW,the[r <br /> heire,legateee,divoroee,pereonsl repreeentativon,sucoeaeon and�xeiRnr.'Pt�o terrn'[�unoficiary"shnll mean the mvnar and <br /> holder of the Note,whether or nat numed ae BeneAcinry hornin. <br /> 0.INSPECTION.Aenefictary or ite agent mey muko reananeblo ontrlea upon nnd inepect:one of thu Yraperty.Banoliclnry <br /> ehaU give Tru�u►r notice at tho time of or prior to an taspection npectfyfng reaeonabla caune for tho ine�ectfon. <br /> 10.TRUSTOR NOT RELEAeED; k`ORREARANCF AY BENEFICIARY NOT A WAIYFIt.�xton�ioa of tho timo for payment <br /> or maUttcatioa oF amortisatioa of the eum�Aecurod by thie h�curity Inotrumeat grunted by 13onofiMary ta nny Buccex+wr la • <br /> iatereat ofTivetor ehall not operate to releaee the liability otthe odRinal T►urtor orTrwtor'n huccc�noro in interest.Aeneticlary <br /> ehall not bo requined to commence proceedinge aRninet at�y wuocenxor in tnWreet ar rafueo to exG:nd timo for paymont or <br /> otherwise modify smorttsetion of t�►e xums eccuted by thie Securlty Instrumeat by maeon of nay demnnd made by the originel <br /> 'I�etor or Rtuato�'s auoceeaora In lntereet.My forbearance by Honeficiary in oxercaeing uny dght or remedy ehall not be e <br /> waiver of or preclude the�ercise of aay right or remedy. <br /> 11.TRANSFER OF TH�PROPERTY ORA BENEFICIAI.INTEREST IN TRU91Y3R.If all or any part of tho Property <br /> or nny intorest in it ie sold or transforred(or if a bcaoficial intereSt in Truetar ie sold ar traneferred snd Ttustor ie noE d <br /> astural pereon)without Hene6ciar�s prtor wrltten amsent,Benoficiary may.at ita option,require iramediate payment in <br /> fiill of aU eume eecured by thie Securlty Instrument,however,t}►fe optlon shall aot be exerc{aed by Beneficiary if exee+ciee <br /> is prohiblted by fsdoral lsw ae of the date of tlus Security Instrument.If Benoficiary exercises thie option,Beaeficiary ehaU <br /> give 1�uetor not{ce of aa;eleration.The aotirn ahsll provide a period of aot less tt�en 30 days from the dato the notice 1� <br /> delivered or mailed wlthin which tha'I4�uator must pay all aums secused by this 9ecurlty Instrumeat.If Truntor feils to <br /> pay theae eums prior to the expirutIon of this period,Heneficiary may invoke any remedies permitted by tlxis Security <br /> Instruraent without fiirther notice or demand on�uetor. - <br /> 12.EVENT3 OF DEFAULT.Any of the following evente ahall be deemed an ovent of default hereunder. <br /> a.Trustor sheU have failed to make payment of any inetallment of interest,principal,ar princIpal aad intereat or <br /> any other sum eeeured hereby when due;or <br /> b.Thero hes oocurnd a breach of or default under any terw,wvenant,egreement.conditiion,provieian,repreaen- <br /> tution or warraaty conteir►ed ia any of the Loan Instrumeats. <br /> 13.ACCELERATION;REMEDIE9.Beaeficiary shall gtve notice of defsult to Trustor prior to acceleration following <br /> Truato�'e breach of any covenant or ag�eement in thia Truet Deed.The notice ehall epecify:(al the defuult;(b)the action <br /> required to cure the default;(c)a dete,not less than 30 daya from the date the notice ia given to Trustor,by which the <br /> default muat be aund:aad(d)that failure ta cure the default on or before the daW specified in the notice may reeult in <br /> scce!eration of the enms secured by tiva Security Inatrument and eale of the Property.'1'he notice shall further inform <br /> Trustar of the right to reinetate atter acceleratioa and the right to bring a court ection to aeaert the non�exietenoe of a <br /> dnfii�i u�ar,y othsr dsfsuas af Tr�tar ta arccl�raY3an a�td s�le.If the defatilt L�o!z�er�o�t!+r 1wf�m the datE+apMified <br /> In the aotioe, Beae&ciery at its option may require immedlste paymeat in full of all sums eecured by thie Security <br /> Iastrument without further domend and may invoke the power of sale and aay other remediea permitted by applicable <br /> law Trustor shall be enHtled to collect all expeaxes incurred in pureuiug the remedies provided in this pasagraph 19, <br /> including,but not limited to,reaeonable attomey's fees and coata of tttle evidence. Itpower of sale ie invoked,Trustee ehall <br /> reoord a notice of defsult in each county in whicd nny part of the Property ia locartad 8ad ehall mail copfee of�uch notia <br /> in the marwer pre�cribed by appUcable law ta Tivator and to the othor pereons pr�urlbed by appHcable lnw Atter the fame <br /> required by applicable Ixw,'Pruatee ehall give public notice of eale to the pereone and in the maaner prescribed by�pplio- <br /> able law. Trustee.wIthout demand on Truetor.ehall sell the Propc+rty at public avMion to the Mgheet bidder�t the time <br /> and place and under the terraa deeignate�i in tho notice of eale in oae or more parcele and in eny order Tnutee determine�. <br /> Truetee may poetpone eele of ull or aay parcel of the Property by public anaouncement at the time and placs of eny pre- <br /> : viouely echeduled sale.Beneficiary or ite designee may purchase the Property at any eale.Upon rcceipt of payment of the <br /> price bid,Trustee ehell deHver ta tbe purchaser'ltveteo'e deed conveying tha Property.The recitals in the Trwtee'a deed <br /> shall be prima fecie evidence of the truth of the statementa made therein.l�wtee ehell apply the prooeeds of the wle in <br /> � tha foUowing order.(a)to ell expeneee of the eale.iacluding,but not limited to,Truetee'e feea as permittod by appUcable <br /> law aad reasonable attome�e feee;(b)to all eums secured by thie 3ecurity Instru�ent;end(c)eny excess to tbe per�on or <br /> pereona legally entitled to it. <br /> 14. BENEFICIARY IN POS9E89ION. Upon accelerntion under paragrapta 13 or abandonment �f the Property. <br /> Beneficiary(in person.by ageat or by judicially appotnted receiver)ahell be entitled to enter upon,take poeeeaston of and <br /> menage the Property and to collect the reats of the Property including thoae paet due.Aay rente collected by BeneSciRry <br /> or the receiver ehell be applied!"uet to payment of the wsts of management of the Property snd collectiott of rent�,includ- <br /> ing,but not limited to,receive�'e fees,premiwne on receive�a bande and reasonable attomey's fees,and then to tha euma <br /> secured by tius&ecurity Inatrument. <br /> , 16.REMEDIES NOT EXCLUBIVE.Trustee and Beneficiary,and each of them,Bhall be eatitled to enforae payment <br /> and performance of sny indebtedness or obligationa secured hereby and to exortise all rights and powera under thie Deed <br /> , of Truat or under any Loan Instrument or other agreement or any laws now or taereaRer in force,aotwithatnnding eome <br /> or all of the such indebtedness and obligationa secured hereby mny now or hereafter be otherwlae secured.whether by <br /> mortgage,deed of truet,pledgo,liea,assignment or otherwise.Neither the acceptance of thie Deed of Truat nor ite enfo:+oe- <br /> ment whether by court action or pureuant to the power of eale or other powers herein contained,shall prejudioe or in any <br /> manner a�'ect Trustee'e or Beneficiary's right to realize upon ar enforce any other security now or hareatter held by'hvstee <br /> or Benofidary,it beiug agreed that'l�ustee and Beneficinry,und each of them.shall bo entitled to enforc�this Deed oFTruat <br /> and any other security now or hereaRer held by Beneficiary or Trustee in auch orcler and menner as they or either of them <br /> mny in their ubaolute discretion determine.No remedy hercin cottx'errcd upoa or reaerved to Truatee or Seneficiary Se <br /> intended to be exclueivo of any other remedy heretn or by law pmvided or permitted,but each shall be cumulutive and <br /> �hall be in addition to every other remedy given hereunder or naw or hereafter existing at law or in eqtdty or by statuts. <br /> Every power or remedy given by any of the Lonn Instnunents to Trustee or Bene�iclary or to which either of them may be <br /> otherwiee entitled.may be exercieed,concw�rently or indopwidently,from time to Lime snd as oRen as may be deemad expe- <br /> dient by Truatee or Beneficiary and either of them may pursue inwnsietent rnmedle6.Nothing herein ehell be aonetrued <br /> .�.H_ _1� �L_/R_.s �L� �L��L� LL�a.1 <br /> HB�)IO�IDILIIIg DCIICUCI1fI'y lNll!�CYIUII(s ti YCtR:IpIV�'�LLL�I11Ctt4 G(SOUlD4 NlV ttuuwi w Han cAwitY ouWa 4�.�ivu io�iu��rw� _ <br />= by law <br />- 1B.GOVERNING LAW. This Deed of Truet ehall he governed by the Inwe of the State of Nebraska.In the ovent tbst <br />- any provision or clause of any of the Loan Instruments contlicta with applicable law�t.such wnflicts ahall not uffect other <br /> provisione of euch Loun Inetrumenta which can be given effect without the conflicting provieion,and to this ond the pm- <br /> vieione of the Loan Instruments are declared to be sevorable.This instrument cannot be waived,changed,dischnrged or - <br /> terminated orolly,bv�.only by nn inetrument in writing signed by Lhe party ngainst whom enforcement of any waiver. <br /> - change,dischnrge or terruination is sou�ht. <br /> _ 17. RECONVEYANCE. Upon payment of all eums secured by thie Security[nstrument,Beneficiary eha11 requeat <br /> ;i Tntetee to reconvey the Property and ehall nurrender thid 3ecurity Inetrument and all notea evidencing debt secured by - <br />= this Security Instrument to'iYuatee.Trustcie shall reconvey the Property without warruaty und without chergQ to the per- <br /> . son or persons legally entitled to it.Such person or persone shnll pay any recordsHon coats, ' <br /> i <br /> � __ - <br />