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<br />. : �. 98� 11234'� �_.
<br /> � ' :! �2—oe-1998 ' � DEED OF TRdJST ,p�ne 6 �_,,
<br /> Loen No 762319 (CoMlnued) ==_
<br /> ����� M.i�l �-_
<br /> �� 4l.'J.
<br /> . �� (c) Deliver to Truatee�wdttnn declarAtlon of d�Mult�nd d�m�nd la eal��nd �wrifl�n nolla d d�lpult�nd N�cHOn lo c�us�Tru�1a'� F_-_
<br /> Interest in the Property to bo�old,wh�h not��Trust�s�Fwdl aus�to b�duly 6Nd for ncad In Ihs�ppropd�l�oHica o1 In�Cnunly In
<br /> , � whlch the Propo�y Is located;and �'
<br /> .:=-
<br /> (d) Wllh respec!to all or any pnrt of Ihe Personel Property,Lend�r ehall h�w�Y Ih�rlphle�nd t�m�dl�f Of�6�CU��d pNrty U�d�r Ih� �,
<br /> ' Nebraske Unitorm Commercial Corle. �•'
<br /> ■.;:-
<br /> ,;�. Foreclaure by Power of SiNe. I}l.ender electt lo lonClos�by�xeCise of Ih�Pow�r ot S�N h�rWn cont�ln�d,L�nd�r th�ll noliry TrutlN�nd _°
<br /> A shell deposit with Trustee lhis Deed of Trust end the Note and such recelpta snd evidencs of expendllurn m�de�ncl eecur�d by Ihie UNd ol
<br /> ,r� Trusl ss Truslee may reyulre. �`,
<br /> Yt Z�'�'�t• (e) Upon receipl of such notics hom Lender,7rusle�shdl caus�to be nCOrdsd,publiehed�nd dNivend l0 7ru�la euch Nolk�of DN�ull --
<br /> • ' and Notice of Sele es then requlrod by law and by lhls Deed ol Tru�t, Truet�s th�ll,without d�m�nd on Truslor,�RK euch tin»u m�y
<br /> �� then be requlred by law and aHer recordsllon of euch Not�o of Dsfuult�nd�ft�r No11a of S�I�h�Nny bNn piwn�f nqulnd by lew,t�ll i
<br /> }.�� � the Property at ihe time and plece of sab flxed by It In�uch Notk�of SaN,Ntha a��whoN, or In��p4n1�lots a pucNS a u�m�u
<br /> Truslett ahall deem expedient,and In such crdsr��It m�y d�f�rmin�,�1 publ�wctlon to tlw h!qhat bidd�r for c��h In I�wlul mon�y ol
<br /> � the Unlled States payable at the time of sele. Trustee nhUl dalwr to such pwctus�r a purch�s�re thK�of Ih pood�nd�uMcNnl dMd a
<br /> deeds conveyinp lhe property so sold,but wllhout any cov�nant a w�rc�nty,�xprKS a ImplNd. Th�r�Cit�h In�uCh d�ed ol�ny matl�r�
<br /> or facis ehall be conClusive proof ol the truthtulnass lh�no}. Any p�rson,Includlnp wllhout AmltnNon 7ruttor,TrwIN,or Undsr, m�y -
<br /> • purchase at such saN.
<br /> (b) As may be permiHed by law,nftsr dsductlny�II costl,h��nd�xp�nsa ol TruslN Rnd af thK Trutt,Includlnp catt ol�Nd�na ol
<br /> Iltle In connaction wllh aale,Trustee shsll apply the praeeda of seN to paym�nl of (I)dl eums�xp�nded und�r Ih�IKm�ol tMs pMd of
<br /> Truyt or under the terms of the Note not lhen repsld,Includinp but not Nmfbd to�ccrwd IntKal�nd I�b chup�s, (II)�I!otMr tums 11»n
<br /> ,,. secured hereby,and (Iil)the remalnder,I�nny,to Ihe person w peraona Ip�tly�ntlN�d Ihenlo.
<br /> �,.r,.,
<br /> • (c) Trustee may in the manner provided by I�w postpon�aak of�A or�ny paHon of th�Prop�rty.
<br /> �� Remediee HA1 Exclu�ive. Trustee and Lendsr,and each ot lhem,ehnll be enlitbd lo enlace p�ym�nl and p��tamanc�of ony Ind�hl�dn�a� ��
<br /> �_ or oblipetions secured by this Deed of Trust end to exercise all riphts end powen under Ihie DMd of Trusl,uncbr tt►r Nol�,und�+r�ny ol Ih�
<br /> Related Oxuments,or under nny other apreement or any I�ws now or her�nflK In lacr,notwllhstandinp,aortN or dl ol euCh IndN�l�diHSt
<br /> ' and oblipatlons secured by this Deed of Trust may now or horeafter bs othsrvvlso s�cured,wMlhsr by mortp�p�,d«d of irusL pNdp�,Ii�n,
<br />�, + esslgnment a othonvlse. Neither the acceptancs of thl��eed ot Tru�t nor Its�nlac�n»nt,whNMr by court�ctlon a punwnl to Ih�powK ol
<br /> ' enlforce flny otheW sreeur�liy now on hereafle�heldTbys7rustee w L nd�t Ibe np O�e�d thaf t TrustNt~d�nd�r,�d MhCh o1 t'h�m,uh11M b�
<br />'a,�-, .�,y..-,f entilled to enlorce this Deed of Trust and any olher Socurity now or harBa}lar held by Lend�r or TrustM In cuch adK and mann�r�s Ih�Y or
<br />�;,' ellher o}them may In thdr obsolute discretlon determloe. No rsmsdy cont�rc�d upon a ns�rwd lo Tru�IN a L�nd�r, h IM�nd�d lo W
<br /> • . exclusive of nny othar remedy In thls Deed of Trust or by law provided or pxmlHod,hut wch chall b�cumulatlw and shaq b�In�ddltlon Io
<br /> ' every other remedy given in this Dead ot Trust or now or hereafter exlstinp al law or In equlty or by s4tu1�. Ewry powK or r�mWy plwn by If»
<br />�r�'.• • Note or any oi ihe Related Documents to Trustea or Lender or to wh�h Ntlwr of them rtuy ba otMrwise�ntitNd, cn�y b��x�!cl�d,
<br />-�� �" concurre�itly or Independently,hom time to flme and es olbn as rtuy b��MrrNd�xp�dNnt by TruslN or L�nd�r,�nd MIMr ol th�m may
<br />'T',',,�; ;, pursue Incon9lsteM remedbs. Nathlny In thls Deed ot Truet shall b�construod at prohlblflnp L�ndsr hom sNklnp�d�Ik:NnCy JudprrNnl
<br />- apalnst the Tru�tor to lhe extent such actlon h pxmiqed by law.
<br /> y"�r' �� � R�qU�it For NotlCe, 7rustor,on behalt of Trusta and L�nde,Mrsby r�qwsb th�t�copy of�ny No►�oi u�fwit�nd�copy oi i�iy ivuik:+
<br />�'�'((`:��::_:''` of Sale under thls�eed of Trust be mailed to them at ihe eddnssas eal forth in th���rol panpraph of thk DNd of Trwl.
<br /> r,41_",,i�,'��k1.�k WMv�r,Electlon of Remedlu. A walver by any p�rty ot a braaCh of�provislon of Ihl�ONd of 7rutt�hall not Constitule�walwr of or
<br /> -: , pnJudia the party's riqhto othenvlse to dertwnd st�ict complknc�wfth that provblon a rny o1Mr provfslon. El�ciion by L�nd�r to paxcu��ny
<br /> 'k� nnNdy provided In lhls De�d of Truet,Ih�Not�,In any R�ted DocurrNnt,o►provkMd by kw thaN not�xclud�pureWt of�ny othK nm�dy,
<br />�'!:•�':�F�<y
<br />!"`"' "'',,,f`• end�n elecllon to make expenditures or to teke acflon to perform�n oblfpadon of Trusta und�r this DNd of Trust�f1K faMUn of Trusta to
<br />�..r. ;:,
<br /> v"-�•��'r?�, perform shell not eNect Lender'o ripht to decl�ra�d�hult and to ucxcfs�any o1 Ib nm�dlp.
<br />�s�;- .,r�. �.,
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<br /> +�+� A11orMys'FNS;Expen�i. It Lendx Instltutes any oult u�ctlon to�nfac��ny of IM lKms of Ihb D»d of Tru�t,L�ntNr�hW b��nd o
<br /> �=:y��s#4 nccwr auch sum u th�court mey adJudpe rsason�bb�e aqan�ys'fMS �t tri41�n� on any�ppMl. Y/l►NhK or not�ny courl�cNOn b
<br /> `' ' °�•� Invdwd,all roasonabla w�pensa Incurred by Landar wh�h In Lande's opinion u�rnasMry�t�ny tlm�lor ih�prot�cllon of fb InIKNt a tM
<br />","�.::�...�.
<br /> ';���• • �nlorcament of Its rqhts shap becom�a part o}ttw Indsbtedness pay�bl�on dem�nd and rhatl bMr IM�rsel�t IM Nol�ni�kom iM dat�of
<br />�;;R:;��tn�_,;, sxpenditura until rep�ld. Expense�covered by this puaqraph Includ�,wlthout Ilmlulion,how�wr subJ�ct lo�ny Ilmltt und�r appHC�bh law,
<br /> �_,�,,,., l.ender's attorneys'fees whether or nof there Is�I�wsult,Includinq aftorn�ys'H�s la b�nkruplcy proc�sdlnp�(Includlnp�Mah to modify or
<br />------����•i wcate any wtomaMc sley or InJunction), oppenls �nd any ant�ipahd post-�ud9m�nt coll�cdon sKVkw, Ih� cost ol surChlnp nCad�,
<br />_�„���_,��� obtRlninp titb repods(Includinp torecloeuro reports),surveyors'rsportt,�ppnisal l�w,titN Infunna,�nd fsa for th�TrustN,to th��xUnl
<br />=�ati;P,�� psrmlBeA by spplicable lew, Trustor elso wlll pny any cowt costs,In addiHon to ell olMr aums provid�d by I�w.
<br /> ""`='==4 plphis o}T�usMe.Trustee shall have atl of the dphte and duties ot Lender�s set torth In thls s�ction.
<br />���-l:�;:�'i� POWERS AND 08LIGATIONS OF TRUSTEE. The followinA provlslons rNatlnQ to fhs powsro and obllp�tlons ol Truetw u�put of thls OMd ol
<br />_ "' 7rusf.
<br /> —�i.::'.. Pow�r�of Tru�tee, In edditlon to all powers of Trustee adslnp es a maHar of I�w,TrustN shdl haw th�powK fo t�k�Ih�fWlowlnp�ctions
<br />�;�:�»,1��'� with nspect to the Properry upon the wrlHen requost of Lender and Truslor: (a)Ioln In prap4rinp and tllinp s m�p or plat of fhe RNI Prop�rtY,
<br />=—='�A,_____ Includinp tM ded�ation of etreets w other tlphts to tlw publb; (b)JWn In prantlnp Rny easement or cnatirep�ny rqtrlctlon on iM Rwl Prop�rty;
<br /> =�s+---= and (c)Joln In eny subordinatlon or other�preerrwnt eMectinp thls�ead of Trusl or tM Intenst ol L�nar undK thls ONd of Trual.
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<br />_ ,.E r..•.. -
<br /> TtuttN. Truslee shall meet sll quallflcatlons requlred for Trusteu under eppllubls lew. In�ddNion to th�ripht�and nrMdi�s e�t forih�bovu,
<br />�;�w..v� wilh nspact to all a any part ol the Properry,the Truslee shnll havo the riyht to ioreclos�by noNce and aak,and L�nd�r�h��h�w fM rlpht lo
<br /> rr�=�.:' " fonclose by�udlclal loreclosure,In either case In eccordance wlth nnd to the(ull extenl provldod by appllcabk law.
<br /> �,-...
<br />� Sueailwr TrUStee. Lender,et Lender's optlon,may hom time to tlms eppoint e succsssor Trustee to any Trusta�appWnbd h�nundor by an
<br /> InstrurrNnf exscuted and acknowledped by Lender and recaded In the office ot tha record�r ol HALL County,Nebreak�. Th�Instrum�nt sh�ll
<br /> contaln,In eddillon to atl other malters required by stnte law,the names of lhe oripinal Lendar,Trustsa,�nd 7rustor,IM book�nd p�p�(or
<br /> computor system raference)where thls Deed ot Yrusl Is recaded,and lhe name and addross o}the successor trustee,and the Instrum�nt sh�ll
<br /> '' b�sxocuted and ecknowiedped by all the beneBclariea under the Deed o}Trust or lhNr successors In Intorest. Ths successor truslse,wilh�ut -.
<br /> �1 , convAyance of the Property,shell succeed to ell the 1HIe,power,and dutles conlerred upon the Trustee In thls Oeed ol Trust and by applkable _
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