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<br /> �the"Pracc�ds"►are hcmhy i��.ik•ned ta•Htmi�Ficinry aud 7'rustora�rc��tu rxocuti,�urh furthe•r ci��i�nmNnty uf'thr�P�WCCed�
<br /> � ae Seneficin�y and Truytm•ti�;rei�v tu�•xi�rute� yuch fiirth��r c�ssi�nmc�nts ut'the I'rucceds as 13rnrfi�iu►'y or Tru:+tee� mt►y
<br /> require.
<br /> 6. FUTIIRE ADVANCI�:�. Upon rec�ui�st o!'Tni�:tt�r,Hnni,teciarr,�t I�eni�tiriary's�ption,prior tu rt•run�•eyrt�tce uf t!�
<br /> Praperty ta T�ust�r may make fiitur��n�1�•ances to'1'ru5tor. Such futm•��nd�•c�neey,�vith intcrest th�reon,,Iiull i,r�ecured
<br /> ^ by thia Ueed of T�ust when e�idenct�d hy promissarE•notes ytatinfi thnt said natra are secured hereb�.
<br /> + ?. API'OINTMENT OF SL1(`CF:��()R 'PRUSTEE. Beneficiary mny, from timo tc� time, by a written instrument
<br /> executed and acknowledged by Ben�ficinry, mniled ti�'15•�iyt�u•and Recurded in the Gaunty in which the Trust.Estate ie
<br /> lacated and by otherwise complyin��vith thu pruvicions of the Applicable law of tho State of'Nebr�ska su6stitute a successor
<br /> -- ^T°::i'C"w`:.:.J2.'^. ��t1^TS'l28tA°.^..^.St2°'��!^"C2:2'3:'«�Z:Tib iSi i i•iiiluri".
<br /> 8. SUCCESSORS AND ASSIGNS. This Deed of Trust appliea to,inures to the 6enefit of and bindQ All partiea hereto,
<br /> their heira,legatees, de��ceeq,peraonal representati�•ey,surcessors and n�signs. The term "Aeneftciary"xhall mean the
<br /> owner and holder of the Note,whether ar not numed as Heneficiary herein.
<br /> 9. INSPECTION. 8eneficiary or its t�gent may make reasonable entries upon and inspectiona a1'the Property.
<br /> Bene�ciary ahall give Trustor notice at the time oPor prior to an inspection specifving reasonable cAUSe far the inspection. '
<br /> 10. TRUSTOR NOT RELEASED;FORBEARANCE BY BENEFICIARY NOT A WANER. Extenaion of the time for
<br /> payment or modification of amortization of the sums secured b�- this 5ecurity Instrument granted by Beneficiary to any
<br /> auccessor in interest of Trustor shall not operAte to relense the liability of the origina)Trustor or Trustor's successors in
<br /> intereat. Beneficiary ahall not he required to commence proceedings against any succeysor in interest or refuse to extend
<br /> time for payment or otherwise modifj+ amortization of the sumti secured by this Security Instrument by reason of any
<br /> demand made by the original'IS�uator or 1�ustor's successora in interest. Any farbeArance b�•Beneficiary in exerciaing any
<br /> right or remedy shall not be a waiver of or preclude the exercise of any right ar remedy.
<br /> 11. TRANSFER OF THE PROPER'I'S'OR A BENEFICIAL 1\'TEREST IN TRUSTOR. If all or any part of the Property
<br /> or any interest in it is sold or trAnsferred�or if a beneficial interest in Trustor is sold or transl'erred and 1'rustor is not a
<br /> natural person)without Beneficiary's prior written consent. Beneficiary may,at its optian, require immediate payment
<br /> in fuU of all aums secured by this Security Instrument,however,this option shall not be exercised bp Beneficiary if exercise
<br /> ia prahibited by federal law as of the date of this Security Instrument. If Beneficiary exercises this option,Beneficiary shall
<br /> give Trustor notice of�cceleratian. The notice ahall pmvide a period of not lecs than 30 days from the date the notice ia
<br /> deliyered or mailed within which the Trustor must pav all auma secured by this Security Inatrument. If 1`rustor fails to
<br /> pay these sums prior to the expiration of this period, Beneficiary may im•oke any remedies permitted by this Security
<br /> Inetrument withaut further notice or demand on Tru�tor.
<br /> 12. EVENTS OF DEFAITI.T. Any of the fo1l.�wing e�•ents shn!! bc deemed an et�ent uf default herewidrr:
<br /> a. 'I�ustor shall have failed to make payment of anv installment of interest,principal,or principal and interest
<br /> or any other sum secured hereby when due;or
<br /> b. There has occurred a breach of or default under any term,covenant,agreement,condition, provision,repre-
<br /> sentation or warranty contained in any of the Loan Instrumen�s.
<br /> la. ACCELERATION:REMEDIES. $eneficiary shall give notice of default to Trustur prior to acceleration following .
<br /> 1�uatar s breach of any wvenant or agreement in thi�1'rust Deed. The notice shnll specify:lA i the default; �b�the aMion r
<br /> ; required to cure the default; (c)a date, not less than 30 days from the date ihe notice is given to Trustor,by which the
<br /> default must be cured;and(d)that failure to cure the default on or before the date specified in the notice may resuit in '
<br /> acceleration of the sums secured by this Security Instrument and sale of the Property. The notice shal]further inform �--�;`_
<br /> • l:�a-:
<br /> T:vstor nf the right tn rein�tat�aflpr a��alarati�r 3.n�t�:Q r:a�tt ��t't�b w�1i'���IG:i�a1.3aa'�i c t:ic'Twi�-eiil�t.rttCC vi ti °
<br /> defaalL or any other defense af Trustor to acceleration and sale. If the default is not cured on or before the date specified , .
<br /> in the notice. Beneficiary at its option may require immediate payment in full of all aums secured by this Security '
<br /> Inetrument without further demand and may invoke the power of sale and any other remedies permitted by applicable law. �
<br /> � Z�ustor shall be entitled to collect all expenaes incurred in pursuing the remedies provided in this paragraph 13,including, -
<br /> : but not limited to,reasonable attorney's fees and costs of title evidence. If power of sale is invoked. Tre�stee shall record
<br /> a notice of default in each county in which any part of the Property is located and shall mai)copies of such notice in the F
<br /> manner prescribed by applicable law to Trustor and to the other persons prescribed by�pplicable law. Atter the time -
<br /> required by applicable law, Truatee shall give public notice of sale to the persons and in the manner prescribed by
<br /> applicable law. Trustee,without demand on Trustor,shall sell the Property at public auction to the highest bidder at the
<br /> time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee
<br /> , determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place
<br /> of any previously scheduled sale. Benefician•nr its designee may purchase the Property at any sale. Upon receipt of �
<br /> payment of the price bid.Trustee shall deliver ta the purchaser Trustee's deed conveying the Property. The recitals in the
<br /> Truatee's deed shall be prima farie evidence of'the truth of the statements made therein. 7'rustee shall apply the proceeds
<br /> of the sale in the following order: (a)to all expenses of the aale,including,but not limited to,Trustee's fees as permitted
<br /> by applieable law and reasonable attorney's fees; �bi to all surns secured by this Security Instrument;and tc1 any excess ,.�_,
<br /> to the person or persona legally entitled to it.
<br /> 14. BENEFICIARY IN POSSESSION. Upon acceleration under paragraph 13 or abandonment of the Property, {���:':
<br /> Beneficiary(in person,by agent or by judicially appointed recei�er�shall be entitled to enter upon,take possession of and �
<br /> manage the Property and to collect the rents of the Property including those past due. Any rents collected by Beneftciary
<br /> or the receiver shall be applied first to payment of the costs of management of the Property and collection of rents. '
<br /> including,but not limited to,receiver's feea,premiums on receiver's honds and reasonable attorney's fees.and then to the
<br /> eums secnred by this Security Instrument. .
<br /> 15. REMEDIES NOT EXCLI;SIVE. Truatee and Beneficiary,and each of them,shall be entitled to enforce payment
<br /> and performance of any indebtedness or obligations secured hereby and to exercise all rights and powere under this Deed
<br /> . af TrusL or under any Loan Instrument or other agreemcn�or any laws now or hereafter in force,notwithstanding cnme
<br /> . or a1J of the such indebtedness and obligations secured hereby may now or hereafter be othenvise secured, whether by
<br /> mortgage,deed of trusL, pledge, lien,assignment or otherwise. Neither the acceptance of this Deed of Trust nor its en-
<br /> forcement whether by court action or pursuant to the power uf sale or other powers herein contained,shall pmjudice or
<br /> in any maruier afl'ect Trustee's or Beneficiary's right to realize upon ur enforce any other security now or hereaf�er held
<br /> by Truatee or Beneficiary,it being agreed that Trustee and Beneficiary,and each of them,ahall be entitled to enforce this
<br /> Deed of Truet and any other security now or hereafler held by Benef ciary or Trustee in such order and manner as they
<br /> or either of them may in their absolute discretion determine. No remedy herein conferred upon or reserved Lo Tru�+tee or
<br /> Beneficiary ia intended to be exclusive of any other remedy herein nr by law provided or permitted, but each shal) be ;--_-_ ----
<br /> cumulative and ehall be in addition to every other remedy gicen hereunder or now or hereafter existing at law or in equity �
<br />, or by statute. Every power or remedy given by any of the Loan lnstruments to Trustee or Beneficiary or to which either
<br /> ofthem may lte otherwise entitled.may be exerci�ed,c�►ncurrently or indeprndently,from t im�•lu t ime and a;often:�,may ,
<br /> be deemed expedient by Trustee or$eneficiary and either ofthem may pur,uc�inronsi�tenl remedie:. Nothing herein shall
<br /> be conatrued as prohibiting Beneficiary from seeking a de6riency jud�ment 1�;aintit the'frustur to the extent such action
<br /> is permitted by law.
<br /> ^ ;n.•�JVERNING LAW. Thie Deed of Trust ahall he���cerned bv the laws ui'the State of Nebraska. In the event thnt �
<br /> � any provision or clause of any nf Lhe Lvnn Instruments conflictw with��ppticable laws,such c�mllirts�hall not a(lect oth��r
<br /> provisions of such Lnan lnstrument�s which can be given effect K•ith��ut the conflictink pr��vi�ion, and to �his �•nd the�
<br /> provisions nf the Lc�an Instrumentt+are declared u�he tiet•cr�blc�.Th�� in.trument cannut be waii•ed,rhun�;ed,d�schnr�;ed
<br /> or termimntnd orally,but unly by un inr:trum�•nt in x•��itin��i�;ned t���tht�party a�;��in�t w•hum�mfnrrrntent of��nv waici•r. �
<br /> change, dischnrge ar terminati��n i:; �uu�;ht. � �
<br /> 17. RECUNV�YAN�F. il���r, �;�ytn��nt uf aill �tine-se•cw<•d t�:• tt�cc St�c•ttrit�• In;tni�nt•r�t. Ri•ni•ficun;� �h:�ll r�•yui•�t ,
<br /> Ttustee tu recunvey the Pru��erty:ind �h:�ll�urrrndr�r t hi,ticci�rity Ir��trumc�nt and.ill n��t��..�•�•irli•nr:n�:d��t�l ..�•rur�•d hti f.
<br /> tluh SNCUr�ty instrument t�� 'PYU�ti��� "I�ru�lt•o ,h�ill ro��un��_�• th�• t'rope•rt}•�c�th��i�t ��.u��:�nt� .md �tiilhni�l ch.�r7:i• tu the• ~
<br /> per,�m nr pt�rKt�nv I���t►Ily�•ntitlt•d tu �t. tiuch F��•r,��u ur p�•���m� ,li�ill {r,i� :in� i�•c„rd.�tiun r��.1•
<br /> !H F�F':(jl'P:ti'I' F'O!C '`f ifl('f•:� 'I'ri�.fur r��yu�••t� th,il nr�i�c. nI thr nul�rt. ��f �1rf:n�it .i��d �:�li� I�e•.�•��I t��'('i�i.(.�r ,
<br /> L
<br /> uddre��. whieh �w thr !'ru���•ity Adtlr�•,� 'frn.t�n lurth�•� iryrn��.t,t h.rt r��F�u•.��t tln� m�tu�•,,�t �1rLiult .�i�d -.;J�• b�• _��nl t��
<br /> �tiu�i p�•f-uU �tiFio��.� p��H� hrn•1��:�t 1���• .�rl�lt� �..��f �i��h �n i-�.n,ri ��n�f� h�•i���i, �
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