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<br /> (�► If Trustor Is not an individual,the iasusnce,sAle,transter,assignment,conveyance or encumbrance of mote than a total
<br /> ot percent af(It a corppration)ita issusd and outstanding stock or(if A partnership)a total of percent of
<br /> partnership interosts du�ing the pe�iad this Deed ot Trust remains a�ien on the Property.
<br /> � 12. R�n�dly;Accal��aUo�Upo��O�fduli.In the event of any Event o10e1ault Lander may,without notice except as required by
<br /> law,declare all indebtedness aecured hereby to bA due and payabte and the same shall thereupon becomo dua and payabta
<br /> without any presentment,demand,protest or notice of any kind.Thereafter Lender may:
<br /> (�) Qemsn� that Trust�exArcisA the POWER OF SALE graAted herein, and T�ustes shalt thereafter cause Trustor's
<br /> intereat in the Property to be snld and the proceeds to he distributed,all in the manner p�ovided in the Neb�aska Trust Deeds
<br /> Acx
<br /> (b) Exercise any and all rights provideo�tor in any o11he Loa�Instruments or by law upon occurrence of any Event of
<br /> Defaulx and
<br /> (c) Commence an action to foreclose this Oeed ot Trust as a maRgage,appoint a receiver,or apecifically entorce any of the
<br /> covenants hereof. •
<br /> No remedy herein conferred upon or reserved to Trustee or Lender is intended to be exclusive of any other remedy herein,in the
<br /> Loan Instruments or by law provided or permitted,but each shall be cumulative,shall be ln addition to every other remedy given
<br /> he�eunder,in the Loan Instruments or now or he�eafter existing at law or in equity or by statute,a�d may be exercised concur�entiy,
<br /> independently or successively.
<br /> 13. T�ustN. The 1'rustee may resign at any time without cause,and Lender may at any time and without cause eppoint a
<br /> successor or aubstitute T�ustee.Trustee shall not be Uable to any party,including without Umitation Lender,Borrower,TruStor or any
<br /> purchaser of the Property,tor any loss or damage untess due to reckless or w�iHul mi�conduct,and shall not be reQuired ta take any
<br /> action in connection with the entorcement ot this Deed of Trust unless indemnified, in writing, ior all costa, campenaatto� o�
<br /> expenae�which may he aesoclated therewith.ln addit�on,Trustee may become a purchaser a1 a�y�ale ot the Property Qudicial or
<br /> under the power.ot sate graated herein); �ostpone the sale o1 all or any portion of the Property,as provided by law;or sell the
<br /> Property aa a whole,or in sepa�ata parcets or lots at Trustee'a discretlon.
<br /> 14. F�and Exp�ntts.In the event Trustee sells the Property by exerclse of power of sale,Trustee ahall be entitled to apply
<br /> • any sele proceeda first to payment of all costs and expensea o1 exercising power of sate,including atl Truatee's fees,and Lender's
<br /> + and Trustee'e attorney'a tees,actually inGUrred to exte�t permitted by appUcable taw.In tho event Bor�ower o�Trusto��xercises any
<br /> riyht provided by law to cure an Event of Default,Lender shall be entitled to recover from Trustor all costs and expenses actually
<br /> ' inCUrted as a result of Trustor's detault, including without limitatipn all Trustee's and attomey's tees, to the extent pe►mitted by
<br /> appl�caple taw.
<br /> ,� 15. Futu��Advancss. Upon request o1 Borrower, Lender may, al its option, make additional and luture advances Snd re- '
<br /> advances to Bo�rower.Such advances and readvances,with interest thereon,shall be secured by this Deed of Trust At no tlme snall
<br /> ihe principal amount of the indebledness Qeaured by lhis Qeed of Trust,not including sums adva�ced to protoct the security of this
<br /> • Oeed O1 Trus�exceed the original principal amount atated herein,or�� ,whichever is greater.
<br /> � 16. MI�c�Nan�ow Provl�lona. '
<br /> (a) Borrow�r Not RN�as�d.Extension of the time for payment or modification of amortization oi the sums secured by this �
<br /> Deed of Trust granted by Lender to any successor in interest o1 Borrower shall not operate to retease,in any manner,the liabiliry ;
<br /> ot the orlglna!8orro�ver and 8orroa�er's successo:�in inleres2.Lendsr shaU not be required to cammence proceedings acainst '
<br /> - s„ch successer or retuse to extend time tor uayment or atherwise modify amortization of the sums secured by this Deed of Trust f_
<br /> by rea�on ot any demands made by the original Borrower and Barrowe�'s successors in interest ;_.=�-
<br /> (b� L�nd�r's Pow�n.Without affecting the liability ot any other person liable tor the payment of any obligation herein � --
<br /> mentioned,and wlthout aHecting the lien or charge oi th�s Deed of Trust upon any portion o1 the Properry not then or theretotore ,
<br /> reteased as secu�ity tor the fult amount of all unpaid obligations,Lender may,trom time to time and without notice(i)release any
<br /> person so liabte,(ii)extend the maturiry or alter any of the terms of any such obli�ations.(iii)grant other indulgences,(iv)�elease ��
<br /> or reconvey.or cause!o be released or reconveyed at any time at Lender's opiion any parce!,portion or all oi the Properly, s:
<br /> (v)take or release any other or additional security for any obligation herein mentioned,or(vi)make compositions or other �
<br /> arrangements with debtors in relation thereto. _
<br /> (c) Forb�arance by Lender Not s Walver.Any forbearance by Lender in exercising any right or remedy hereunder,or
<br /> � otherwise aftorded by appticable law, shall not be a waiver of or preclude the exercise of any such right or remedy. The
<br /> procurement of insurance or the payment of taxes or other liens or charges by Lender shall�ot be a waiver of Lender's right to
<br /> acceterate the maturity oi the indebtedness secured by this Deed of Trust �
<br /> (d) Successors and Assl�ns Bound;Joint and Ssveral Uabillty;Captions.The covenants and agreements herein con- t
<br /> tained shall bind,a�d the rights hereunder shall inure to,the respective successors and assigns o1 Lender and Trustor.All �
<br /> covenants and agreements of Trustor shall be joint and several.The captions and headings of the paragraphs ot this Deed of F.
<br /> Trust are for convenience only and are not to be used to interpres or deflne the provisions hereoi.
<br /> (e) R�qu�at for Notias.The parties hereby request that a copy of any notice of detault hereunder and a copy of any�otice •
<br /> 01 sale hereunder be mailed to each party to this Deed of Trust at the address set forth above in the manner prescribed by �;_,--.
<br /> appticable law.Except tor any other notice required under applicable law to be given in anqther manner,any notice provided i' �
<br /> for in this Deed of Trust shall be given by mailing such notice by certified mail addressed to the other parNes,atthe address set ���
<br /> torth above.Any notice provided for in this Deed oi Trust shall be efiective upon mailing in the manner designated herein.If
<br /> Trustor is more ihan one person,notice sent to the address set forth above shall be notice to all such persons. :
<br /> (� InspeeHon.Lender may make or cause to be made reasonable entries upon and inspections ot the Property.provided ��-
<br /> that Lender shall give Trustor notice prior to any such inspection specifying reasonable cause therefor related to Lender's
<br /> interest in the Property.
<br /> {g) p�conv�yanc�.Upon payment ot all sums secured by this Deed of Trust.Lender shall request Trustee to reconvey the
<br /> Property and shalt s �i�ii�i�nd aif notes evidencing indebtedness securecl by this Deed ot Trust to Trustee.
<br /> Trustee shall recon h� it11b61Zw�rranty and without charge to the person or persons legalty entitled thereto.
<br /> Trustor shall pay all S�f����B any.
<br /> (h) Personal P�o�. ��int. As add�t�onal security for the payment of the Note,Trustor hereby grants
<br /> Lender under the Nebraska ni orm oinme�ia�Code a securiry interest in all tixtures,equipment,and other personal property
<br /> used in connection with the real estate or improvements located thereon,and not otherwise declared or desmed to be a part of
<br /> the real estate secured hereby.7his ir.strument shaH be construed as a Security Agreement under said Code,and the Lender
<br /> shall have alI the rights and remedies of a secured party under said Code in addition to the rights and remedies created under
<br /> and accorded the Lender pursuant to this Deed of Trust;provided that Lender's rights and remedies under this paragraph shall
<br /> be cumulative with,and in no way a limitat�on on.Lender's rights and remedies under any other securiry agreement signed by ;---�---
<br /> Horrower or Trustor.
<br /> (i) Li�ns and Encumbranc�s.Trustor hereby warrants and represents that there is no default under the provisions o1 any ,
<br /> mortgage,deed of trust,lease Or purchase contract describmg all or any part ot the Property,or other contract,instrument or
<br /> agreement constituting a lien or encumbrance against all or any part of the Property(collect�vely,"Liens"),existing as of the
<br /> date ot this Deed of Trust,and that any and all existing Liens remain unmodified except as d�sclosed to Lender in Trustor's
<br /> wntten disclosure o1 liens and encumbr8nces provided ior herein. Trustor shall timely pertorm all of Trustor's obligations.
<br /> L covenants,representations and warranties under any and alI existing end future L+ens,shall promptly torward to Lender copies �
<br /> 01 all notices of default sent�n connect�on with any and all exisUng or tuture Liens,and shall not without L�snder's prior wntten
<br /> consent m any manne� mod�fy the provisions of or allow any future advances under any ex�stmg or future Liens.
<br /> �) AppllCato�O1 Payment�.Untess otherwise reqwred by law.sums paid to Lender hereunder,inClud�ng w�thout I�mitation F„
<br />� payments of pnnc�pal and interest. insurance proCeeds.condemn�tion proceeds and ronts and prol�ts. shall be applierd by �p
<br /> Lender to the amounts due and owmg lrom 7rustor and Borrpwor�n such order as lender�n�ts soio d�scret�on c!eems des��able t!!
<br /> {k) S�v�rabllity. N any prov�sion o1 this D�ed of Trust Con9ucts w�th appi�c�b�e iaw or �s declarEd ���vahd or otherwise� . !c
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