|
2� 1 ��4�7�
<br /> D��D �F TRU�T
<br /> Loan �V�: 7 Q��9�597 ��t3nt��u�d} Page �
<br /> reci�als in su�h deed ❑t any matters �r f���s shal� he concfusi�e proo� ��F the tru�hfiulne�s thereo�. Any
<br /> persan, includin�without iimi�a�ion Trustflr,Trustee, ar Lender, may purchas� a�such s��e.
<br /> �b} As may be permi��ed by Eaw, a�t�t deduc�ing ��� �as�s, tees and eacpenses af Trus�ee and of �his
<br /> Trust, including costs of e�idence of titfe in cannect�an �vith sale,Trustee shall appf�the pr�ce�ds o�saie
<br /> to paymen�vf �i} a4�sums expended under�h�terms af this Deed vf Trust or under the�erms ofi�he f�ate
<br /> no� �hen rEpaid� including bu� n�t limited to a�crued in�eres� and late char���, {ii} all o�h�er sums then
<br /> secu�ed herehy, �nd {i�i}the remainder, i�any,to the persvn ar�ersons le�ally en�i�led thereto.
<br /> �c3 Trus�ee may in the manner pro�ided by law pvstpnne sal�of afi vr any pvrtivn❑#-�he Praperty.
<br /> Rerned��s 1Va� Excfusi�e. T�us�ee and L�nder. and each o� them, shall b� enti�led �o entorce payment and
<br /> per�armance❑�any�ndebfiedness or obligati�ns se�ured by�his Deed ❑f Trus�and�❑exer�ise a�� rights and powers
<br /> under �his Deed vf Trust, under�he Na�e, under any af the Reiated [Jvcum�nts. �r under any o�her agreement vr
<br /> any laws nvw or hereaf�er in fvrce; no�withs�anding, som� or ali o�such indeh��dness and obligativns sEcured by
<br /> this Deed vf Trust may nvv►r ❑r hereafter be a�hervuise se�ured, �rvhether hy mor�gage, deed ❑f trust, piedge, lien,
<br /> asssgnmant or otherwise. Nei�her the a��eptance ❑f th�s De�d a� Trust nvr its �n�arcement, whe�h�r hy c�ur�
<br /> ac�ivn vr pursuan� tn �he power a� safe ar a�h�r pawers can�ained in �his Qeed of Trus�, shafl pr�judice ar in any
<br /> manner aftecf Trus��e's or Lender's right ta reali2e upan ❑r �n�or�e any vxhe� securi�y now vr hereafk�r held by
<br /> Trustee ❑r Lender, i�heing agreed�ha�Trus�ee and Lender, and each ofi�hem, shai! be entitled tv en�arce this De�d
<br /> ❑�Trus� and any �ther securi�y naw ❑r herea�er held by L�nd�r ar Trustee in suGh orde� and manner as they or
<br /> ei�her v� them may in their absolu�e discr��inn de�ermine. No remedy canf�rr�d upor� ar reserWed to Trustee or
<br /> Lender, is in�ended to be �xclusi�e ❑�any ofiher remedy in�his I�eed v�T�us�a�by law prv�ided �r permitt�d, bu�
<br /> each shasl be cumulatiWe and shall k�e in addition to e�ery o�h�r remedy giWen in this Deed of Trust ar navu c�r
<br /> hereaft�r ex�sting a�law or in equity or ay s�a�ute. E�ery pawer vr remedy gi�en �y th� Nat� or any o�the Relatcd
<br /> Documents �o Trustee or Lender ar �o which eithsr af th�m may be a�herwise en�it�ed, may be ex�rcis�d�
<br /> �nncurrent�y �r inde�end�n�tly, tram time ��tim� and as aiten as may be deem�d exp�dient�y Trus�tee �r Lender�
<br /> and either of �hem may pursue inconsisten� �em�dies, Nathing in this ❑eed of Trust shall be �onstru�d as
<br /> prohib�ting Lender�ram se�king a deficiency judgrnent ag�inst�he Trus�ar t�the exten�such �ction is permtt�ed by
<br /> lavu. Elec�ian by Lender to pursue any remedy shall na� ex�fude pursuit o� any a�her �emedy, and an ele�tion to
<br /> make expendi�ures or �v �tak� a��ian to per�orm an abliga�ton ot T'rus�or un�Ier this Deed a� Trust, after Trustor's
<br /> faflure�n �erfvrm, sha[I nv�a�fec�Lender's righ�to�dec[a�e a de�aul�and e�ercise i�s remedies.
<br /> Requ�st#ar Notice. Trustor, on behalf of Trusto�and Lender, hereby reques�s�hat a copy a�any Natice ❑�De�ault
<br /> and a co�y❑�any Na�ice Qf Sa�e under�his Qeed �f Tru��be mailed tv them at rh� addresses set forth in �he ��rst
<br /> paragraph of�his Deed a�Trust.
<br /> Attarneys' Fees� Expens�s. !-F Lender ins�itu��s any sui� or act�on to enfarce any ot the terms of this ��ed af
<br /> Trust, L�nder shall be enti�led �o reca�e�such sum as�he caur�may adsudg� reasanabl� as at�orneys' fees a�trial
<br /> and upnn any appeai. Whether or nra� any Gaurt �c�ivn is inva��ed� and �� �h� exten� nflt prohibi�ed by �aw, all
<br /> reasanable ex�enses Lender in�urs that in Lender's dpinian are necessary at any time �vr #he protection o� i�s
<br /> int�rest�r the enfor�ement ca�its rights shall �ecam� a parfi o�th� lndebtedness payahie vn demand and shall bear
<br /> in�erest at the Note rat�trvr�n�h� da�e vf the expenditu�-e un�il repaid. Expenses Gv�ered by th�s paragraph in�lude,
<br /> wi�hou� ��mi�a�ivn, hov�rev�r subject t� any fimtts under appli�ab�e law, Lender`s a�torneys' �ees and Lender's ieg�l
<br /> expenses, wh�ther or no� there is a tawsuit, including at�orneys' ���s and expenses ��r bankruptcy proceedin�s
<br /> �in�luding effor���a mvdify or�acate any au�oma�i�s�ay or in�un��ion), appeals, and any anticipated pos�judgmen�
<br /> cal�ectivn se�vices, �he �ost o�s�arching records, vbtaining title repvrts �includEng tvrecfasur� reports}, sur�eyars'
<br /> reRor�s, and appraisaI �ees� �itfe insuranGe, and �ees fvr the Trustee. �o the eactent permitt�d by applicafale law.
<br /> Trus�vr als❑ will pay any caurt��sts, tn �ddit�an�a�a[�other sums pro�ided by law.
<br /> R�ghts of Trus�es. Trustee shall Ma�e alf Q��he righ�s and dutie�o�Lender as se��or�h in�h�s se�tion.
<br /> PC3WERS AND �gLiG�4TY��iS �F TRUSTEE. The �ollouving p�oWisians reEat�ng to the powers and ob�iga-�ivns o�Trus�ee
<br /> �re par�❑f�hi� ❑eed of Trust:
<br /> Pawers a�f Trusfee. !n addi�ion t� a!! powers of Trus�ee ar�sing as a ma�er❑#law, Trustee shall haWe�he pov►rer�o
<br /> �take�he fallvwing ac�ians wi�h �-espec#�v the P�operty upan the�rritten request c�# Lende� and Trus�ar: {a} join in
<br /> preparing and �iling a ma� or pla� af �he Re�l Prape��y, inGluding th� dedi�ation a� streets vr v�h�r righ�s �a �he
<br /> puhlic; {b} �vin in granting any easemen� �r �reating any r�str4ct�or� an �the �eal Prvper�y; and tcy ja+n in any
<br /> subv�dinatton or other a�re�ment affecting this Deed❑f Trust Qr the interes�o�Lender unde�this Deed af Trust.
<br /> Trustee. Tru���e shall me�� all qualifiGat�on� required tar Trus�ee under appli�able [aw. In addi�ivn �❑ the �i�hts
<br /> and remedies se� forth abv�e, with r�specf to ali vr any par� ❑�the Proper�y, the Trus�ee sha�i haWe �he right �o
<br /> ��reclase by no�ice and sale, and Lend�r sha11 ha�e �he righ� �o �orec�ose by judiciai �arecfvsure, in ei�her case in
<br /> a�cardance wi�h and tv the�ull�x�ent provided by applicabl�law.
<br /> Successor Tr�s#ee. Lender, a�Lender's aption, may�rom �ime tv�ime appoint a suc�essar Trustee t� any Trus�ee
<br /> appointed under this Deed of Trust by an ins�rument exeGuted and acknowledged by Lend�r and recarded in th�
<br /> affiice af �he re�order �f HALL �r�unty, S�ate �f Nehrask�. Th� ins�rument shall �antain, in addifiian �o �ll ❑-ther
<br /> ma��ers required by state �aw, �he names af the original Lender� Truste�. and Trus�ar� the �aok and page ��r
<br /> camputer sy$�tem re�erence} where this Deed Qf Trust is recorded, and �he name and address a� the su�cessar
<br /> trus�e�, and�he instrument shall b��xecuted and aGknawledg�d by all the beneficiaries under�his Q�ed o�Trust or
<br />
|