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�� _ __ _ ____ _____ <br /> � � <br /> � <br /> ! ; �Q.� 1 Q 0 2"7 0 RF RECORp�q��"' �0 0 3 8,�t <br /> ithe"P�tiK•eed:i'�.�re here�b�•a•�i�nrd t�vNt�ni�ficiarp nnd'1'ru�tur a�•i�i�:tu.•���cutt��uch 1'urth�•r a:si�;nwent,uf th��I'ruc��rd� <br /> � a� Deneficiury and Trustur i��;rt•��, tu i•x��ci�ta Kuch t'urtht�r as�iRmint�nt.of the P�•uc��eds �a Beneiiciu►•�• ur Truytet• mu}� <br /> require. • <br /> _ 6. FUTLIRF.AIWAN('F,S. l'pon�'c�qttc�.t uf'Pru,tnr. H��it��fivui�.�•.:�t li�m��fi�•i:��.ds��pti�nt.p�•iut•te�t't�ct�ti�'ey':ipcc af t::T <br /> Prope��ty to'Iti•u:�tm•ma►�•nu�k��futwr ad�•unct��tu 1'ru�ti�r. tiuch fi�ture�;�d��:incc4,ti�•ith interesi lherenn,shall he recured � <br /> � by thie Deed of Trust a•h�n c�•idcncccl h}• promissar}•nates�tntin�thut:u�id uute�iur�ecurcd hc�•eb�. <br /> 7. API'nINT�]FNT t)F SI't't'1?SSiII;'C!i[stiTF.F.. Ae•nefici�uy mny, fram timt� ta time, b�� A �vritten instrument <br /> executed nnd ackno��ledged by Heneticiar}•,ntt»led tn T►•ustor aind Re�corded in the Count�• in which the Truat Estato is <br /> � InrAt�d and hy otherwiseromplyin};�t•ith the pracitiion,otth��ppii:a.�t�•t�ti��1FLl�a ytate.,�'ti'rLra�ki�aubatilute u buccessor <br /> or successors to the'I�ustee nnmed herein or�ctin�hereunder. <br /> 8. S UC C E S S O R S A N D A S S I G N S. T hia Dee d a f Trus t App lic�s to,inures to t hE�Uene fit o f an d binds All parties hereto, <br /> their heirs,legatees,devicees, personal representutives,succes�o�•v and uasi�n�. The term "Beneficiary" ehall menn the <br /> owner and holder of'the Note,�vhether or not named Aa Beneficiaiy herein. <br /> � 9. INSPEC�'ION. Beneficiary ur its agent ma� m:�kc� reasnnAhle entries upon and inspections of the Property. <br /> Beneficiary shall�,�ive Truatar notice at the time of or prior to an inspection specifying reasanable cause far the inspection. <br /> 10. TRUSTOR NOT RELEASED;FORBEARANCE BY BENEFICIARY NOT A�VAIVER. Extension of the time for <br /> payment or modification of amortizatim�of the�ums Fecured by this Securit� Inatrument granted by Beneficiary to any <br /> succeasor in interest of Trustor shal)nat operate to relense the lilhilit��oP the ariginal Trustor ur 1'rustor's successors in <br /> interest. Beneficiary shall not be required to cummence proceedinga a�aiu�t any auccessor in interest or refuse to extend <br /> � time for paytnent or atherwise modify amortization of the �ums secured by this Securitv InsUvment b� reason of any <br /> demand made by the original 7`rustor or Trustor's yuccessars in interest. riny forbearance by Beneficiar�•in exercising any <br /> right or remedy shall not be a waiver of or preclude the exerci�e of an�•�•i�ht o�•remedy. <br /> 11. TR.ANSFER OF THE PROPERTY OR�BENEFIC'lAL iN1'EREST I N TRUSTOR. If all or an�part of the Property <br /> or any interest in it is sald or transferred�or if a beneficiAl interest in'Iyustor is sola ur trA��ferred and Trustor is not a <br /> natural person►�vithout Beneficiarv's prim•written consent, Benefician• may, at its aption, require immediate payment <br /> in full of a1)sume secured by this Security Instrument,however,thi�option shall not be exercised by Benef ciary if'exercise <br /> is prohibited by federal law as of'the date of this Securit}•Inytrument. If Beneseiary exercises thi�option,Beneficiary shall <br /> give 1�ustor notice of accelerution. Tha notice shall proeide a period of not less than 30 days from the date the notice is <br /> delivered or mailed within�ehich thc Trustor must pu}•all sums secured hy this Security li»trumen�. IPTrustor fails to <br /> pay these sums prior to the expiration of this periad, f3enefciai�• mac in�•oke uny remedies permitted by this Secw7ty <br /> Instrument withaut further notice or demand on Trustor. <br /> 12. EVE1V1'S OF 1�EFAULT. Any of the follo�ving e�•ents shall be deemed an e��ent af default hereunder: <br /> a. Trustar shall have failed to make payment uf's►n}•in�tallment of interest,principal, or principal and interest <br /> or any other sum secured heretay when due;or <br /> b. The�•e ltas accurred a breach of ar default under any term,covenant,a�;reement,condition, provision,repre- <br /> sentation or�vananty contained in an�•of the Loan Instrument�. <br /> 13. ACCELER1ITIUN;REMEDIES. Beneficiary shall�,�ive notice of default to Trustor prior to acceleration following � <br /> Trustor s breach of any covenant m•a�,*reement in thi�Trust I)eed. The notice sh�l]specil;y:�a�the default; ib►the action � <br /> required to cure the default; Ic�a date,not less than 30 da}•s from the date the notice is given to Trustor,6y whith the .. <br /> default must be cured;and td►that failure to cure the defautt on�r before the dAte�peci�ed in the notice may result in ' <br /> � accPleratinn nf thc+g»ma a�npp.i ��� lt:i�ce�ttrit� lr.sirum�nL a:tw:a!a a:'i;ae n:cpsrty. T3:c t1�iiC�s�id��iurii�er ipiorm , .-- <br /> Trustor of the»ght to reinstate after acceieration and the right to bring a court Action to assert the non-existence of a <br /> default or any other defense of T�vstor 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 4ums secured bv this Securitv <br /> - Instn:ment�cithout further demand and may invuke the po�r•er ot sale and any other remedies permitted by applicable law. �.,'- <br /> , Trustor ahall be entitled to collect all expenses incurred in pursuing the remedies provided in this paragraph 13,including, <br /> but not limited to,reasonable attorney's fees and costs of title e�•idence. lf power o!'sale is im•oked, Trustee shall record <br /> a notice of default in each county in which any part of the Yroperty is located and�l�all inail cupi�s uf tiuch notice in thc <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, 1Yustee shaU give public notice of sale to the persons and in the manner prescribed by <br /> applicable law. Trustee,without demand on Trustor,shAU sell the Yropert�at public auction to the highest bidder at the <br /> time and glace and under the terms designated in the notice uf�ale in one or more parcels and in any urder Trustee <br /> determines. Trustee may postpone sale of a11 w•any parcel of the Property by public announcement at the time and place <br /> of any previously scheduled sale. Beneficia�y or it:� designee m:�y purchase the Property at any sale. Upon receipt of + <br /> payment of the price bid,Trustee shall deli�•er to the purchaser Trustee's deed conveyin�the Property. The recitals in the j �- <br /> Trustee's deed shall be prima facie evidence of the truth of the�tatement�made therein. Trustee shall apply the proceeds ` <br /> of the sale in the following order: �a�to all expenses of'the sale,including,but not limited to,Trustee's fees as permitted � <br /> by applicable law and reasonabie attorney's fees: �b�to all sums secured by this Securitl•Instrument;and ici any excess <br /> to the person or persons 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 receiver�shall he entitled to enter upon,take possession of and � <br /> manage the Property and to collect the rents of the Property including thuse past due. Any rents collected by Beneficiary <br /> or the receivQr shall be applied first to payment of'the costs of management of the Property and collectian of rents, <br /> inciuding,but not limited to,receivers fees,premiums on�•eceiver's bonds and reasonable attorney g fees,and ihen to the <br /> sums secured by this Security Instrument. <br /> lb. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary,and each of them,shall be entitled to enforce payment <br /> and performance of any indebLednesy or ublig:►I,ions secured hereby and to exerrise all rights and powerx under this Deed <br /> of Trust or under any Loan Instrument or other agreement or any laws noa•or hereafter in farce,notwithstanding some <br /> or all of the such indebtedne�»anA obligations secured hereby ma�� now or hereal2er be oLhenvi�e sccured.�vhether by <br /> � mortgage,deed of trust, pledge, lien,assignment or otherwise. :�eiEher the acceptance of this Deed of Trust nor its en• <br /> forcement whether by court action or pursuant to the power of yale ur other powers herein contained,shall prejudice or <br /> in any manner a!�'ect Trustee's or Beneficiary's right to realize upon or en}'orce any other�ecurity n�,w•or here�fter held <br /> by Truatee or Beneficiary,it being agreed that Trustee and$eneficiarv,and each of them,shal)be entitled to enforce this <br /> Deed of Trust and any other security now or hereati.er held by Iieneficiary 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 to Trustee or <br /> Beneficiary is intended to be exclusive of any other remedy herein or by I�w provided or permitted, but each shall be ----- -_-- <br /> cumulative and shall be in addition to every other remedy given hereunder or nnw or hereafter existing at law or in equity � ' <br /> or by statnte. Evetiy power or remedy�iven by any of the Loan Instruments to Trustee or Beneficiary or to which either � <br /> of them may be otherwise entitled,may he exercised,concurrently or independently,Trom time tu t�me und as u(ien as may <br /> be deemed expedient by Trustee or Beneficiary and either uf them may pur5ue incunsistent rt•�nedies. Nothin�herein shall � <br /> be construed as prohibiting Benefiriary frnm�Ppk;��A f2Yft'2L•RL'�jw�r;,i;CT.:.2t;II2i3:L f�L'T3'i::+�Oi u;iiiC'CA�Cti�aiFi�i ttciiUtt • <br /> � is permitted by law. <br /> 16. GUVERNING LAW. Thi�lleed of Truht shall be fiuverneJ bp the Ill��'�Vf l}1C�late uf�Iebracka. In the event that i� <br /> L any provision ar clause of any of'the Loan Instrumrnt�cun(lict�with:�ppiicable laa•s,such conflicts,htll! not:itiect othc�r � <br /> provifiions of auch I.os�n Instruments which c�n be �,�i�•en efTect ����thnut the runilictin�; pruvi�ion, and tu this end the <br /> provisionH ofthe L.nAn lntitruments are declared tr,be�ever.ibl�•.'i'hi� in.trume�nt cannot bc•w:ai�•e�d,ch:�ny;e�d,di�rhi�r�;i�d ��?' <br /> ` or termimate�d��r�illy.but only by an inxtrum��nt in �vrrtmR,iRn��d h}�th�� partc:��;ain�t��•hum �•nfi,r,•�•mi•nt of:iny wl�icer. �`' <br /> � ch�n�;c�, dierht+r�;e ur terminatiun iti s�u�ht. (Q <br /> f 17. RF'.CONVF:YA�i('E. Upun p:�ym�•nt ul':ill .um� ,�•cur��il I�� thiti �rcuritc In..tnuuont. N�•no�ic��u��• zh�ill royue•..t �„� <br /> ! Trustee�to recunvt•y th� Yrupe•rly aiid r:hal) �tn ri•ndiv thi�ti�•e urrt} I�i,trurn��nT :+nd ;ill n�4�•� �•�id�•ticui�;ilcht u•i�ur�•d bt r� <br /> .- � <br /> th�r: Se�uritv InFtrume�nt tn Trutit�•e�. '1'ru�t�•�• ,hall ri•�•un��•� th�• 1'r��prrty �c�th��ut �t:�rr:uit} .uul �ti�1ln�ut ch.u•t:�� t�� tht� <br /> pE•r:.on ur pt•r�un� It•�;all}•t�ntl!It•d tr� �t. tiut�l� p�•t�un �u �,ri��n�.�.hull p.�t• :�n� tr���rduUun rn.t., <br /> 1} 11S. I�F:�11'{?�"(' F(lf{ �:(1"1�1('H:ti. 'I'ru�tur rnyiir,t� ticit „��u��, i�� tht• �i�Aur- �d ili4:iult �nid�:ili• lu• .�•�il ti�'I'ru.l��r . <br /> ! �� :u�dYC•ti� u�ui•h 1: Sh�• E'r�����•rt� Addr�•,. '1'rutitu� I�nlh�•r rri�u�•..tti th;it tn����•. ��l thr� unhr� . „� rlif.�ult :�uil •..il�•!��• �•nl I�� <br /> f��i� �•+ich p�•r.un wiin �.,i �r.ut� hr��•t�� :�t Ihr.�diii��•.- ��I � in Vi ���r.�,i� ���t f�n rl� b����•�i� � <br /> Jl � <br /> �',Al <br /> 4�01;5 <br /> 'a'+l��1 <br /> l <br /> .. t':i'�r. <br /> i l <br /> t f..• � " <br /> ' t � :L <br /> i�_ _ <br /> ��• ` <br /> �r , <br />