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201307953
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Last modified
12/31/2013 9:56:33 PM
Creation date
9/30/2013 2:28:45 PM
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DEEDS
Inst Number
201307953
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201307953 <br /> Property ID 847 <br /> Property Address 960 Allen Drive <br /> Grand Island,NE 68803 <br /> appearing in and/or defending any action or proceeding which purports to affect the security of, <br /> or the rights or powers of Beneficiary or Trustee under, this Deed of Trust; paying, purchasing, <br /> contesting or compromising any encumbrance. charge, lien or claim of lien which in <br /> Beneficiary's or Trustee's sole judgment is or may be senior in priority to this Deed of Trust, <br /> such judgment of Beneficiary or Trustee to be conclusive as among the parties to this Deed of <br /> Trust: obtaining insurance andlor paying any premiums or charges for insurance required to be <br /> carried under this Deed of Trust; otherwise caring for and protecting any and all of the Property; <br /> and/or employing counsel, accountants, contractors and other appropriate persons to assist <br /> Beneficiary or Trustee. Beneficiary and Trustee may take any of the actions permitted hereunder <br /> either with or without giving notice to any person. <br /> (e) Beneficiary may bring an action in any court of competent jurisdiction to <br /> foreclose this instrument or to obtain specific enforcement of any of the covenants or agreements <br /> of this Deed of Trust. <br /> (f) Beneficiary may cause the Property which consists solely of real property to <br /> be sold by Trustee as permitted by applicable law. Before any such trustee's sale, Beneficiary or <br /> Trustee shall give such notice of default andlor sale as may then be required by law. When all <br /> time periods then legally mandated have expired, and after such notice of sale as may then be <br /> legally required has been given; Trustee shall sell the Property, either as a whole or in separate <br /> parcels, and in such order as Trustee may determine_ at a public auction to be held at the time and <br /> place specified in the notice of sale. Neither Trustee nor Beneficiary shall have any obligation to <br /> make demand on Trustor before any trustee's sale. From time to time in accordance with then <br /> applicable law, Trustee may, and in any event at Beneficiary's request shall, postpone any <br /> trustee's sale by public announcement at the time and place noticed for that sale. At any trustee's <br /> sale, Trustee shall sell to the highest bidder at public auction for cash in lawful money of the <br /> United States, or such other form of payment satisfactory to Trustee. Any person, including <br /> Trustor, Trustee or Beneficiary, may purchase at the trustee's sale to the extent permitted by then <br /> applicable law. Beneficiary shall have the benefit of any law permitting credit bids. Trustee shall <br /> execute and deliver to the purchaser(s) a deed or deeds conveying the property being sold without <br /> any covenant or warranty whatsoever, express or implied. The recitals in any such deed of any <br /> matters or facts, including any facts bearing upon the regularity or validity of any trustee's sale, <br /> shall be conclusive proof of their truthfulness. Any such deed shall be conclusive against all <br /> persons as to the facts recited in it. <br /> (g) Beneficiary may proceed under the applicable Uniform Commercial Code as <br /> to all or any part of the Personalty, and in conjunction therewith may exercise all of the rights, <br /> remedies and powers of a secured creditor under the applicable Uniform Commercial Code. <br /> When all time periods then legally mandated have expired, and after such notice of sale as may <br /> then be legally required has been given, Trustee may sell the Personalty at a public sale to be held <br /> at the time and place specified in the notice of sale. It shall be deemed commercially reasonable <br /> for the Trustee to dispose of the Personalty without giving any warranties as to the Personalty and <br /> specifically disclaiming all disposition warranties. Alternatively, Beneficiary may choose to <br /> dispose of some or all of the Property, in any combination consisting of both personal property <br /> and real property, in one sale to be held in accordance with the law and procedures applicable to <br /> real property, as permitted by Article 9 of the applicable Uniform Commercial Code. Trustor <br /> agrees that such a sale of personal property together with real property constitutes a commercially <br /> reasonable sale of the personal property. <br /> Deed of Trust.CFT Developments.NE#847 Page 13 <br />
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