|
,. . . . ,�.<�:-_:'
<br /> . � . . .. . � � fi�;�r-. - -`--"°°���:t7ac7��ni�,��--- •. -°_�'� _-_
<br /> •:11A►i��l.... M���'��,.. . . . . _ ..h,. �.. �a�� ..°'_- .,. .... ----. . _ ._ ._.
<br />.. "ii," ..�� . .
<br /> .._., _ .-._-.
<br />-;�� ,
<br /> ':lo.,�i'�r • •
<br /> .�: • �� �I�� I V � � �
<br /> - � • fr a waiver of ur preclude the exercise of auch rl�ht or remody or of any�othe;r fight or -
<br /> � remedy�ranted h�rwndar or�t l�w or equ�ty. The fAilure uf the Heneflciary to exenix
<br /> - :� any option to accelerate maturlty of thc ObA�attons securcd by this Deed of Truat� the
<br />_ _ �� forba�r�nce by th� BeneficiAry befot+a or ntter the exerci�e of such apdon, or the
<br /> � � withdrawal or abandonment of proceodin gs provided for by this Deer!of Trvat shall not be
<br /> :,�! A waiver of tha ri�ht to exerciee such optton or w accele�xte the maturity of such °
<br /> _��� Obll�adons by re��a► of any p�st� pre�ent or future eva�t which wonld perrnit aaxleration
<br /> under the Section entided "Accelention of Debt; Fo�reclosure" harcin. 'I'i�e procurement
<br /> , � of insurancx,tha payment of ta�ces or the dixhar�e of liena or aharge�by SeneFiclary shall
<br /> not be A w�iver of Beneficiary's right to acc�elerate the maturlty�f tha Obl�gations hereby
<br /> sec�ued, 'The Beneflciary's receipt of any awuds,proceeds or damages under the Sxtlon -
<br />-�;k�'Y''�•� ' a�titled "Hazs�rd Insurance" and the Section enHtDed "Condemnation° herein shall not
<br /> - operate to cure or walve default by the Trustor under the Section endtlal "Events of
<br /> � ' � Default"hcnin.
<br /> .c G., :'` .
<br />_.,:, .. .,;.
<br /> ��:�•��>� • 21.R�medka CumutAtiva All remedies provided in this Deai of Trust an distinct and
<br /> ' '� cumukttive W any otha right or remedy undar this Deed of Trust or afforded by law ar -
<br /> - ��'"-'�° equity, and may be exercised concurnently, independeady or sur,cessively, and as often as
<br /> " the ooc�sion therefor arlses.
<br /> . . ;r.r
<br /> �' � 22.Suecea�o�s sod Msisns Bound; Numb�ri Cende� Joint xnd Sever�i LiabWty�
<br /> '' Csptlw�. The covenants and agreements her+ein contained shall bind, and the rights
<br /> �. , ;•<<.
<br />: :��,,,. hereunder �11 inun to� the raipec,�ivC helrs, legal r�present�6ves, suc,oes.�as and assigna
<br /> �� � of Beneflciary. Trwtoe,and Trustor. Wikcr.wer uxd� the singular numba s1�11 include the
<br /> +s�:.��
<br />�-�.���,;u� pluml, the plural tt�e singular, and the use of any gender shall be applicabla w all genders.
<br />--n;�;;i:;�,a°-- wIi oovctwnts and stgcuoemenia oi Trua�iwr�iuslt�C,jc;,-�t�.-x��v�".�t; Frts:tid�..-',h::.�rr, lh�t
<br /> ° "'"�`�X if the Ttustor ia an individual. nothing containod in this Deed of Ttust s�ll in any way
<br />-�:���a.;��
<br /> --;-���`�,��� obli�te a apou�e of the TrusWr to pay the Obligations unless such spouse also signs the
<br /> '�r�`��'r�� Note or the�uaran The ca ons and headin s of the Soctions of tlus Deed of Trust are
<br /> _��,a� �y• P� 8
<br />-='`���;,.� for conveniaxx only and an not to be used to interpret or define the provlsions hereof.
<br />- -"�`�`�'� 23.Notioe.F.xoq�t for any noace required under applic�►ble l�w W be given�n anotha mAnner,
<br /> -:�r<��,�
<br /> _. (�)uty notice w Trustar provlded for in this Dood of�'ru�t slwll be g�ven by m�ilin� 3uch
<br />-__==_— notice by cutified mAil,retum receipt requeated addnssed W Trustor at Its mailing address
<br /> xt forth above or at such other sddnu as Trustor may designate by nodce w Benefi�i�a;
<br /> _.---- as pro�vidal hereln,u�d(b)s�ny notict to Beneficiary or Trusta shall be qiven by oer�fied
<br /> mail, a+eturn reodpt roquestal, W Ba�eficiary'a and 'Trustee's mailing addnes�statod herein
<br /> - __ or w such other addras as Beneficiary or Trustee may design�te by notica to Trustor as
<br /> provtded herein. Any notice pmvided for in this Deed of Trust st�ll be doemed W have
<br />�-�:_�:� been given to Trustor,Beneficiary or Trustee when givat in the marmer desi�nated herein.
<br />,_�,;.��„ 24.Goverdn,�I,4w; Seva�bWty. This Deed of TYust shail be �overned by the laws of the
<br /> -=="=�"� State of N�braska. 1n the �vent any pr�vision or clause of this Deed of Tnast conflicts with
<br /> �..' .:��:�
<br /> y�"��;� appllcabla l�w, such conflict shall not affect other provisicsns of this Dad of Trust which
<br />-{ ��� can be gtvai effect wittrout the oonflict�ng provisions and to this end the provisions of tt►�s
<br /> �.-=-��• • Deed of Trust art declared w be severable. In the�vent that any applicable law in effect
<br /> - =�.`•:�" on the date of tha �xaution of this Dood of Trust limits the amount of inter+est or other
<br /> ,� ,.
<br /> , ' items which may be lawfuUy chargod and is interpreted in a manner such tiiat any p4yment
<br />- _ , provlded for in this Deed of Trust or in the Note or the auaranty (wheiher considered
<br /> � � scp�rately or together with other payments that are considered a part of this Deed of Trust
<br /> . � sc
<br /> " � and this hansaction) violates such law, such payment is hereby reduced to the extent
<br /> �.I neassuy W eliminate such violadon if the Trustor is entidod to the benefit of such law.
<br /> .�w#`F.� 1
<br /> �� �i 25.Events ot Defauit.Each of the following occunences shall constltute an event of default
<br /> - � "" `� hereunder,(hertinaRer an "Event of Defauit'):
<br /> .j =
<br /> � (a) Any amount payable under the Obligations secured by this Deod of Tmst is not paid �
<br /> � whea duc, after givtr.g�ffect to any applicable graoe period therein� •
<br />- (b}Trustor is othenvise in default under the Yerms of the ObligaHons,
<br /> -• a
<br />_ . � _.
<br /> , . , . . . _.,._._._.,�.._.---..--_._�.���_..__... —
<br /> „ , . , .., . .. -
<br /> „�:.;: ... ... .,�a,.__ _ .=_=._-
<br />
|