|
�1
<br /> . � �
<br /> (d) BeneNCiary may elect M cause the T�ust Prope►ty or any part thereoi to be sold urtdar the power ot sale, and in such evont,
<br /> BeneNc/ary or Trustee Shall give se�ch notice o!dafault and not�ce ol sals as may be then required by law. Thereaf[er,upon tha
<br /> expiraHon of such time antf the g1vlrtg of such notice of sa/e as may then be requrred by law, Trustea,at the time and plaae specilied
<br /> Dy the nntice of sale,shall sell such Trusf Property,or any p:�rt mereoi specifisd by Benaficiary,at p�blic auctlan to the hlghest
<br /> bidder fo�cash in!a►viu!money of the Uniteat States of America. Upvn receipt o!payment of the p�lce bid, Tiusiee sirali appty t.'�e
<br /> proceeds tn the to!lowing o�der.(i)to the cast end expenses of oxa�clsing the power ol sa/e and of the sate,including but not limited
<br /> � to,hustee's fees or noi more then SS00.00 plus one-haN of one percent o�the g�ass sale p�ice,and reasanable attomey fees,(ii)to
<br /> • the indebiedness,and('dl)the excess,it any,to ihe person ar persons legally entitted thareto.
<br /> All costs and expenses Incurred b,y BeneNcJary in enforcing any righf under thls Deed of Tiusi,including withoui limita6on.abstract or tit/e
<br /> _ fess.aaprelsaf fees.¢rerMums far title insrrrar�ce,attorney taes and court costs,shaU be and constitufe fndebietlness secured hereby.
<br /> �27. Dudes o1 Trustee.Trustor ageas thaL•
<br /> • (s) Du�ies end obliga�ons of Trusiee shali be determlr�ed sotely by the express prQVisions o1 t�ris D�ed o!Tius!and Trustee shall not be
<br /> � liable except fw the pedamance ol such dufles and obtlgatlons as are speci/ically set foRh herern,and no implled covenanis or
<br /> C� obJlgadons sha/l be�mposed upon Tiusiee,
<br /> � (b) IYo provlsion of thls Daed ol Trust shall require Trustee to expend or risk iis own funds,or otAerwise rrrcur any�inanclal obligafion in
<br /> � the perlwmance of any oi its duties hereunder,or in the exerclse of any of its rlghis or powers.
<br /> � (c) Trustee may consutt�vith counsel of rts own choosing and the advlse of such counsel sha/l be fulf and completa authorizaUon and
<br /> protecNon�n the respect of any actlon iaken or suflered by ii hereunder in good taith and reliance ihereon,and
<br /> A(d) Trusiee sha11 not be llable tor any action taken by it in good faith and reasonably believed by it to,be authorized or with�n its
<br /> � dJscreti�on or dghts or pawers conferred u�non ri by this Deed of Tnist.
<br /> n
<br /> 8. Security Agreement and Flxture Flling.This D�eed o1'Tr�st sha0 constitute a secarity agreement and fixture dling�nder the provisions of
<br /> O� the Nebraske Unifprm Commetc�al Code with respact to those fixtures descdbed In the preambles hereof as constifufing a part of fhe
<br /> Trust Properfy,together with a/l other prope►ty o1 Tiustor,either slmila�or disslmilar fo the s8tme.now or hereafter locatet/at a on the
<br /> Tiust Prope►�ty.
<br /> 29. Future Advances.Upon request ol Trusior,Bena/iclary.at BeneNctary's optlon,prlor to fufl reconveyanae o1 the Trust Properiy by
<br /> ' Trustee b Tiusio�,may make luture advences to Tiustor.Such fuiu�e advances,with Interest thereon,shall be secured by thls Deed o1
<br /> Tiust.Ai no 6me shal/the princ/pal amo�nt ot the Indebtedness secured by this Deed of Trust,not lncluding sums advanced fo protect
<br /> � the secun'ty,exceed the total sum of S 125.000.0� .Advances of dlsbursements made by Benenctary to protect the security,
<br /> ' under the terms hereof,while dlscretianary,shall not be deemed io be opi/onal advances.
<br /> � 30. Reconveyance. Upor�payment of al!Indebtedness secured by this Deed of i'rust,Benefrclary shall request Trusiee to reconvey the
<br /> � Trust Property and shall sunender thls Deed ot Tiust and a/l notes evidencing/ndebisatr,ess�ac�red by this Oead of Trust ro Trustee.
<br /> Trustee shall reconvey the Trust Proparty without wananty and withouf charge io the person or persons legelly enOUed thereta.Such
<br /> • person a persons shall pay ap costs of recordation,il any.
<br /> 1 31. Substitute Trustee.Bene�clary,et its opfron,may from tlme fo tima removo Tiustee and sppoint a Sr.�ccessor Trusies to any Tiusi&e
<br /> . appointed hereunder by an insfiument recorded in the county in whlch th/s Deed of Trust is recorded.Without ConveyanCe o/the Trust .
<br /> i Properry,the Successa Tiustee shal!succeed to all 6tle,power and duties confened upon Trusfee herein and by applicable law.
<br /> , 32. Mlscellaneous Rlghts cf Beneficiary.Beneficiary may at any Ume and irom time ro time,without noUce,consenf to the making of any
<br /> pfat pf the Tiust Property o�the creat�on of any easement thereon or any covenants restNcting use or occupancy thereof or agree io � �
<br /> . alte�or amend the terms o1 this Deed of Tiust.Any pe�sona/prope�ty remaining upon the Tiust Property aner the Trust Property has �
<br /> : AAA�M1.c.cgc.cp�ff n{nr�r��ILiI/Ili/RAf3A�,1�1?N,if3£��?!!t 4l P13�r��h3S9!(4!!L+lYI!!�TiL3tE�E�3�3�@.fQr�C.IL�e..:..�►8.!!!:�.�s rigl 813�f�8�»'3!�B.L' - �{.�'='--�
<br /> ot Trusiee's sale or foreclosure,sha!!be conclusively presumed to have been sbandoned by Trusbr. • - . �
<br /> ; 33. Notice to Tiusbr. Trustor hereby iequests thai a copy of any nofice of defeu/t and noUce o1 sa/e made or executed by Trustee pursuant ' -
<br /> to the provisions hereol be sent to Tiustor at its mailing address set foR e. � �-
<br /> ; IN WfTNESS WHEREOF,fhis Deed ot Ti�st has been duly exeCUted the ay ar fi ,'ve w n. .
<br /> � _..
<br /> � � -
<br /> � ,
<br /> ; Davi$�.,� I�aF,so����, •�_
<br /> ; � a eirne��� arson —
<br /> STATE OF NEBRASKA
<br /> , )ss.
<br /> COUNTI'OF ) �
<br /> ; On this day of , f9—,before me,a notary public in and for saJd counry,pe�sonally came ,
<br /> � ,and , ��j
<br /> � a� �,knawn to me to be the identical persons who �_=-
<br /> � slgned the foregoing Deed of Trust and acknowledged the execution thereof to be their vo/untary aci and deed,and the vofunfary act and ���'���
<br /> deed of sald corporafion. ;�'�;
<br /> � WlTNESS my hand artd notarial seal on ihis fhe day and year last above written. �
<br /> � (SEAL) -._
<br /> � Nohry Pub6c
<br /> �
<br /> ! �.
<br /> � MyCOmm/SSiOn ezpire9:
<br /> • STATE OF NEBRASKA )
<br /> ' COt1NTY OF � )�
<br /> ; )
<br /> � �1� ,--- _—
<br /> On thr � day ,1��, fo�e me,a notary pubtic in and for said county,pe�sonally came��G� •.�G.lSV��-
<br /> � and �Gc ���i�� f"�/. �rS0�� ,known to me to be the idenGcal persons who �
<br /> slgned the loregoing Deed of Tiust and acknow/edged the execution rhereof to be thei�voluntary act and deed.
<br /> � WITNESS my hand and notaNal sea!on this the day and year/asi ebove w�itien. .
<br /> �� � .
<br /> I
<br /> (SE ���Ilr�■!� errcl� �[Gz-�/�,��G�-`-'� �
<br /> � � ���� Notary PuDnt
<br /> �►a�■.���a� _t��� �-r�',��a9-� ,.
<br /> ' /Ay comm�asron orpnes n,
<br /> � ��
<br /> i �
<br /> r
<br /> �;> .
<br /> �
<br /> � ,,s{±'; �
<br /> •c brt�
<br /> . .'�rTi.r"
<br /> l.
<br /> .t
<br /> .t° ��t
<br /> i
<br />
|