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<br /> DEED OF TRUST P"�°b "� �"'•�:"`
<br /> - 1z_�2-1997 Contlnued) Cy?... 11'�'7a6_
<br /> Loen No 610733 � '. ` ��:
<br /> of such rents,Issues and profits,�nd ihe opsucBildolault or pursuanl to such nloece of defaulaandCnotwithstelndinpethelcon�uance In ^ � � ,.
<br /> or Invaildtte any act done In response �
<br /> � possesslon of Ihe Property or Ihe C011ecllon, reCelpt and epp��callon of �onts, Issues a profils, Trustoe or Lender Shell be entitlad to
<br /> exarclse every�ht provided for in Ihe Note or Ihe Related Dxumenlo or by law upon Ihe occurrence ol eny event�f defaull,Irtcludinq the ��.
<br /> i rlpM lo�xerclso the power of saN; '}t�
<br /> w�_�.�
<br /> � (b) Commence an ectlon to fo�ec�ose this Doed of Trusl as fl mortp8ge,nppalnt a recelver or speclhcally enforce flny ot lhe Covenants —_-
<br /> � hereof;tnd
<br /> (c) Denvsr lo Trusiee a wrilten declaratlon o1 dolault ond demand for saia�nd�wdtten notk�o}dafaull�nd eNatlon!o caut�Trustor't _
<br /> 1 Intorest In tlw Prppsrty to be sdd,whbh nollce Truafao shall cau:o to bQ duly Illad for recad In tho epproprlab offticces of tlw Caunty In _
<br /> � whkh ttN Prop�rty h lOCabd;and ,�`
<br /> (d) Wlth respect to all or any put ol lhe Personal Propsrty,l.�nd�r ahall havs�II Ihe rfphts�nd romsdNs of�secured party und�r t1N r�'�
<br /> I Nebrask�UNform Commerclal Code. •-
<br /> � Foncbwr�by Pow�r of S#M. If Lender etecb to faeclosa by exsrclse of the Power of SaN hsrNn conl�lnad,Lander shail notify Trusbe�nd j,
<br /> shall deposlt with Trustee thls Deed ol Trust and the Note and such recelpta end evidence of expendltures rtuds and aecured by lhis Deed of r•:-
<br /> i Trust as Trustoe may requlre, -
<br /> (4) Upon recslpt of such notice hom Lender,Trustee shall cause to be recorded,publi�hcut dernandeontT ustor�altet such Ume semay
<br /> and Nolice of Sala as then requlred by Iaw and by thls Dsed of Trust. Trustae shon,
<br /> then be requlred by Iaw and aMer recordallon of such NoHce of Dafault and after Nollce of Sale havinp been piven as requlred by law,sell
<br /> ihe Proparty at the tlme and place of sale fixed by It in such Notice of Sale,eNher as �whole,or In separate Iots or percals or il�ms��
<br /> Trustee shatl deem expedlent,end In such order es It may de!ermine,at publla euctlon to the hfphest bidder!or cash In lawful money of
<br /> ; i the United Siates payabie el the time of sele. Trustee shalt deliver to such purchasOr or purcha5ers Ihereol its 9ood end Sutticlent deed or -
<br /> , deeds Convaylnp lhe property so sdd,but�vithout any covenanf or warranty,express or Implled. The recltals In such deed of any maBers N�
<br /> � or facts shall be conciusive proof of the trulhfuiness thereol. Any person,Including withoul Iimitallon Trustor,Trustee,or Lender, mey �'§I:
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<br /> •� , purCh858 flt SuCh Sele. �- --
<br /> � • � (b) As may be permftted by law,afler deductiny all costs,fees and ezpenses of Trustee and of thls Trust,Includinq costs of evidenCe of
<br /> 1 titie In connecllon wlth sale,Trustee shali apply the proceeds af sale to payment of (i)�II sums expended under the lerms of lhis D6ed ot
<br /> I Trust or under lhe terms of the Note not then repald,including but not Ilmited to eCCruAd Inte�est end late aharpes, (II)dA othar sums then
<br /> secured hereby,and (Iii)the remalnder,If any,to ihe person or peraons Iepally entitled therAto.
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<br /> I (c) Trustee may In ihe manner proNded by iaw postpone sale of all or any portlon of the PropBrty. �
<br /> 1 Remadies Not Exclusivs. Trustee end Lender,and each ol them,shall be entitled to enforce paYment and performance ot any Indebtednoss
<br /> � ' a obliqations secured by this Deed of Trust and to exercise all dghts and powers under this Deed of Trust,under the Note,under�ny ot ihe
<br /> •'• Related Documents,or under any olher ayreemeni or any Iaws now or hereaRer In torce: notwithstandinp,some or u��of such Indebledness
<br /> end obliyaiions seCUred by thls Deed ol Trust may now or hereatter be othe�w�se seCUred,whether by mortpape,deed ot trust,pledqe,Iien,
<br /> assignment a otherwise. Nalher the aCCeptance of this Deed of Trust nor Its enforcement. whether by court aetlon or pureuent to the power of
<br /> ' . sale or other powers contalned in Ihis Deed of Trust,shsll preJudice or In eny menner aHect Trustee's or Lenders rlpht lo realize upon ot
<br /> f enforce any other security now or hereafter held by Trustea or Lender,It being ayreed that Truslee and Lender,end each of tMm,shall bs
<br /> - enf!!!ed te e�f4rce thls Oeed of Trust and any other seCU���y now or hereatter held by Lender or Trustee In such order and mpnne►as they Or ��
<br /> elther of them may In Ihelr absolule discretton determine. No remedy coninireu upor, ar ra:,�:�od to Tsust?!�a�p�d����ntended to be _�Y
<br /> exciusive of any olher remedy In this Oeed ot Trust or by law provided or permitted,but eech shall be aumulative and ahall be in addidon to �.��__
<br /> every other remedy given In thls Dead of Trust or now or hereafler ex�stlnfl at Inw a In equity or by atatute. Every powsr a remady plven by ths ��-_
<br /> Note or any of the Related �ocumenis to Trustee or Lender or lo whlch elther of them mny be otherwise entitied, may be exerclsed, r�_=��_
<br /> concurrentty or Indepondently,trom time to tlme and es oflen os may be deemed expedNnt by Trustee a Lender, and allher of them may _
<br /> pursue inconststent remedles. Nolhing In thls Deed of Trust shall be Construed as prohibitinp Lender kom seeklnp a deficiency Judpment ���!�,..
<br /> • agalnst the Trustor to the extent such actlan Is permftted by law. ?; 't�"
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<br /> 1 Request For Notice. Trustor,on behalf of Trustor and Lender,hereby requests that e copy of eny No11ce of Default and a copy of any Not�s 4± �;,;
<br /> t of Sale under thls Deed of Trust be mailed to them at the addresses set forth In the firsl parapraph of thls Deed of Trust.
<br /> Welvar; Flectlon of Remedlea. A walver by any party of a breach of a provislon of thls Deed of Trust shall not constitute a walver of or ��,
<br /> preJud�e the party's riphts otherwlse to demend sMCt compliance with that provlslon a any other proWSlon. Eiectlon by Lendes to purue any --_
<br /> remedy provlded In thls Deed oi Trust,the Note,In any Relatetl Document,or provided by law shall not excluda pursull of any other remedy, �
<br /> � and an election to meke expenditures or to lake actlon to peAOrm an obilgatlon of Trustor under this Oc�ed of Trust afler fallure o}Trustor to _
<br /> • perform shall nol eHect Lenders�IQht to declare a defeult and to exerclse eny of Its remedles. _
<br /> _ ;;r�.�.y.�p.e�:Expensea. If Lender Institutes any suft or acllon to enforce any of the terms of Ihis Deed of Trust,Lender shall bo enlltied to —�
<br /> reCOVer suCh sum as the CouA maY ad�udge reasonab�e as eflorneys'fees at trfai ctnd on any appeal. Whether or nol any court acilon Is
<br /> Invuivod,ell reasonable expenses Incurred by Lender whlch In Lender's opinion are neCessary at any Ilme tor the proteCNon of Hs inierast or Ihe �
<br /> enforcement of its riqhts shell became e pnrl of the Indebtedness payabie on demand nndshall bear Inferest at the Note rate hom ttw date o} _ __
<br /> j enpenditure until repaid. Expenses covered by this paraqraph Include,without Ilmltation.howover subJeCt to any Ilmits under opplkAble kw, ^�
<br /> Lender's atlorneys'tees whelher a not ihere Is a Iawsuit,Includinp a8orneys'toes for benkruptCy procaedinys pncludinp eHorts to modNy or ��
<br /> � : vacate any automatic stay or Inlunctlan), appeais and eny antidpated post-Judyment collectlon services, the cost ot seam,hirty recorde, �-_��
<br /> oblalnlnp tllle reports(Including taeclosure reports),Surveyors'r6po�ts,appraisfll fees,titte I�surance�and fees for the Trustee,to 1h9�xlinf s_�_A�_ ___
<br /> • � permitted by epplicable law. Trustor also will pay any court costs,in addltion to all other sums provlded by lew. �•,..,,,,- '
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<br /> RIqMt of Trustee. Trustee shall have all of the nghts and dutlos ot L9nder as set forth In thls secnon. •�� ; .,,..�i
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<br /> POWERS AND OBLICiAT10NS OF TRUSTEE. The(ollowing provislons relating to the powers and obligailo�s of Trustee are pett of thls Deed ot .
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<br /> i Trusl. ' .'. . .
<br /> Powers ot Truetee. In edditlon to ali powers of Trustee arising as a matter of Iaw,7rustee sheu havv llie power to take tha follo:vinp actions ,��-
<br /> , with respect to the Property upon Ihe written request of Lender and Trustor: (a)Joln In preparinp and filtng e mep or plat of the Real Property,
<br /> i Includlny Ihe dedlcAtlon of streets or other riqhis to the publlc; (b)Joln In grantlnp any easomeni or creflliny any resirlCtlan on the Real Property; Y
<br /> and (c)Join In any subordinatlon or other agreement affectinp thls Deed of Trust or the Interest ot Lender under this Deed of Trust.
<br /> � ITrustee. Trustee shall meet all quallflcatlons required for Truslee under appllcable law. In addltlor.to the rlyhts and remedles set torlh above,
<br /> I wifh respect to all or any part ot the Proporty,the Trustee shall have the ripht to foreclose by notics and sale,and Lender shall have Ihe rlght to
<br /> forocloso by Judlclal foreclosure, In elther case In aCCOrdance wilh and lo the full extent proNded by appllCable Iaw.
<br /> i Successor Truatee. Lender,at Lender's option,may from time to Ilme appolnt a successa Truslee to any Trustee appolnted hereunder by nn
<br /> instrumenl executed and ecknowledged by Lender and recorded In tha offlce of the rOCOrder of HALL County,Nebraska. The Insirument shall
<br /> + contain,in additlon to all olhor rneHers r9qulred by state law,Ihe names of ihe originat Lender,7rustee,and Truslor,the book end pepe(w
<br /> computer system relerence)where this Deed of Trusl is recorded,flnd the name and nddress ot Ihe suCCessor trustee,and the Instrument shell I
<br /> be executed and acknowledged by all the beneficieries under Ihe Deed of Trust or tholr successors In Interest. The suCCessor trustee,wlthout
<br /> conveyanco of the Property,shan succeed to all the tille,power,and dulles conferred upon lhe Trustee In this Deed of Trust and by appilCable �
<br /> law. Thls proCedure for subStiiution of Irustee shall govern to Ihe excluslon of all other proNSlOns lor substftutlpn.
<br /> .,�r���e Tn Ta��crna eNn o7HER PARTIES. Any notice under Ihis Deed of Trust shall be in wriUng, may be sent by teiefacslmlle(unless
<br /> �u... ..�s�..l nvurnlnhl cn�tl6t.Of.II �
<br /> UlherW150 teqUlred by 18w),and Shall be eHeCtive when aCtually dollveretl,or wnen depuaiivo w�:�n�.a:�:��v•w=e••---- - r -
<br /> rnened,shali be deemed eNeclive when deposited In ihe Uniled Slales mall firsl c�ass,corfiHed or repisterod mell,postage prepa�d,direcied to the �
<br /> addressos shown near the beginrnng ol this Deed ot Trusl. Any party may change its address for nouces under thls Deed of Trust by givinp fOrmal I
<br /> wrillen notice lo the other parties,spec�ying Ihnt the purpose o�the notiCe�s to chenge the pe�ly's&ddress. All Cop�os of nollC65 of foreClosure hom �
<br /> For noUCe pu posles,�Truslor ugreos t keeprLender�and Trustoe Intobmed ut u�l times�f T ustofs curtent add Ass!he bag�nning of thls Oeed of Tn151. I
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<br /> MISCELLANEOUS PROVISIONS. Tha following rniscellaneous provisfons ere a part ol Ihis Deod o�Trust: �
<br /> A�nendment8. Thls Dood of Tr usi,togelhe�with any Related DoCUmonls.Corstitulos tne onttre understnnding and egreemenl of tho pnrt�es as
<br /> to the matters set tortn in tnis Dev�ot T�us;. ":o altc:�!?^" ����Amendmenl lo Ihis Deed of Trusl shali be o�foctive unless g�ven In writing and
<br />- sfgned by�he pflrty or parlies soughi to be charged or bound by the allorntlon or amen�f mgnt. �
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