� ,..�..,�.�..v.,,Y.�, . :t.,..., . . .
<br /> ......��'��d�J.�£�oo��Rw�u��a. 'a "a�' � '�twb' �'a°" �R�tf�F.e.:.4.. :�3'� - �+i =__ .,..,rM..:: rt .. ..,
<br /> ���RrssS.'s'.e�.�at�Y _ w.�L`.°�>":s .b,`. n"g9�'z.vn"`��' ta � .
<br /> ..d:�s -�.� _r
<br /> °��
<br /> °_�\ � iC
<br /> .___. 9.°'V ` -i•
<br /> t . .. . . � �....._.. �
<br /> :. . . � g0— �.00so� � -
<br /> . Treistcr fail tc make anp pagtnen� or to do any acfi as and in the manner
<br /> : � provid�s3 in anp of the Loan Instruments, Beneficiary ans]/or Trustes, each in �
<br /> its o�rn dfscretion, without obZigation, may make ar ds� the sa�e in such manner
<br /> � � and tci s�cb extent as eit2xer may deem necessaxy to pro�ect the security
<br /> he�eof. Tzvstor sh�l.2, i�t�nediately upon demand therefor by Beneffciary, pay
<br /> al]. costs and exgenses incu�red by Beneficiary in connection with the exercise
<br /> by Beneficiary of the faregoing righte, including, without Iimitation, costs
<br /> of evidence of �citle, court costs, appraisals, surveys and attorney's fees.
<br /> Anq such casts aa13 expeas�s nat pai.d within ten (10) days of written deman8 .
<br /> �< sh�ll draw interest at the defaul.t rate provided in the Note.
<br /> . 3. EriINEN� DOMAIN. Shoulrl the Trust Estate, or any part thereof vr �
<br /> . interest therein, e taken or damaged by reason of any public improvement or
<br /> condemmation proceeding, or in any other manner iricluding deed in lieu of
<br /> � Condemnation ("Condemnation"), �r should TrustQr receive any not�ce or othex
<br /> � . information regarding such praceeding, Trustor shall give prompt written _
<br /> natice tsisreof to Beneffcae�y. Baneficiary sha21 be entitled tc� all , .
<br /> compeasation awards and o�h�r payntents or relief therefor, �ac� shall lae .
<br /> er sitie� to make any comgromise or �ettlement in conn�ctioa �rii�h such taking .
<br /> s a� ge. �11. su�h compensation, aw�rds, damages, ry�ts af actian a�cd <
<br /> prc�eeds awarded to Trustor (the "F��ceeas") are her�,assigned to ,
<br /> ' He�nef iai�sy; and Tr�stor aq�ees to execute such fur�h��r a,s��ic3r.�.''tents of the
<br /> , Procesds �s Beneficiary ar�rustee may requir�. �.
<br /> . 6. APPOINTMEI3T OF SIIC.CESSOR TRUSTEE. Bensfici%�L:av, from time to
<br /> tiIIre, s�� a written instruxnent executed and acknawled��a hy �eneficiary, mailed � ,
<br /> � tcr _L���tar and recorded i�. the County in which the Trust Es�t�e ia locat�d and
<br /> � bp os.iz�gt�ise complying wi�P� the provisions of the applica.�I.� '!:iz� of the State
<br /> ' � af �iebsaska substitute a successor or successors to *..�� T��-tc�c named herein
<br /> or acting hereundex. .,
<br /> 7. SUCCE880�S AND ASSLGNS. This Deed ef Trust applies to, inures to � ` ��
<br /> � the hene�it of and bin s ai2 parties hereta, their heirs, le�a�ees, devisees, : � :._�
<br /> person�l representatives, se�ccessors and as�i�s. The term T'Heneficiary" ;,;-=
<br /> � . shall mer.�: the owner and holder of the Note, whether or not named as � '—
<br /> Beneficiary herein.
<br /> i
<br /> ! 8. INSPECTIONS. Beneficiary, or its agents, representatives or
<br /> � worlanen, are autiorxzed ta enter at any reasonable time upon or in any part of �
<br /> the Trustee Estate for the purpose of inapecting the same and for the purpose • :
<br /> of performing any of the acts it is authorized to pexform under the terms of
<br /> , any of the Loan Instrumenta. .
<br /> �
<br /> � ,
<br /> 9. EVENTS OF DEFAULT. Any of the following events shall be deemed an
<br /> event of de su t ereun er: ,; -
<br /> � (a) Trustor shall have failed to make payment of any installment of -
<br /> interest, principal, or principal and interest or any other sum secured hereby
<br /> when due; or, ' . �a
<br /> '^� There has occurred 'a breach of default under any term, cove^r:." ' '�"`�-
<br /> f�� .
<br /> , , �g�eeinent, condition, provision, representation, or w�arranty containe� i:� �� �
<br /> , of the Loan Instruments. � -
<br /> � 10. ACCELERATION UPON D�FAULT ADDITIOhFeL REMEDIES. 5r���ld an event of •
<br /> � default aceur, Bene ciary rsay declare al inc�ebte ness securr�d hereby to be �
<br /> dus a�td �Sayable, an8 the sa.":�e shall thereupon become due aad payable s�.�tnout
<br /> , anU p��sentment, demanc7, pr��test, or notice of any kind. Thereafter the
<br /> � Il�.^.ef:ciary may:
<br /> (aJ Efther in persr�n ar b� agent, �ri�h or without bringing any �ction
<br /> ar praceeding, or by a re:.eivex appointed by a Court and without regar�3 to �he
<br /> adequacy of it.s security, enter'vg�z and take pos�ession of the Trust ��tate, ,
<br /> , or any part thereoF, in its own na.�e or in the name of Trnstee, and do any
<br /> acts which it deems necesaary or desirable to preserve the value.
<br /> marketability or rentabYl�.t;1 of the Trust Estata, or part thereof or int�rest
<br /> therein, fncrease the incry.^.e therefrom or protect the security hereof, and
<br /> with or withaut taking poasessian vf the Trust Estate, sue for or otherwise ;�-�_�.
<br /> c�llec�t the rents, issues anc3 profsts thereof, fncluding those past c3ue and �
<br /> unpaid, and apply the sa�e, Less costs and expenses of ogeration and �
<br /> collectian, including attorney's f�es, upon any indebtec3ness secured hereby,
<br /> all in such arder as Beneficiary may determine. 2he entering upon and taking ,
<br /> � � - pvssession of the Trust Estate, �he collection of such r�nts, issues and �
<br /> � proff.ts ana the application thereof as aforesaic3, sha11 not cure or waive any � ��
<br /> -- � deia�.rii or noiice of ueiauit nereunder or irrvaiidai.e any aci dur�e ir, �e�,�,i;se
<br /> � to nuch default ar pursuas�t to such notice vf default and, ndtwithstandfng the
<br /> contir�uanc� in possession of the Trust Estate vr tYie collection, receipt anc!
<br /> r�ppliCatfon o£ rents, fdsve� or proffts, Trustee �r genef icxary �hall bQ
<br /> entftled to exercfse every right provided f�r fn any af thE• Loan instrua;ants
<br /> or by law ��p�n occ�r�ence of any event af default, incluc3ing the riqht tv
<br /> exerci��e the �,ower af c�i�►; � ��
<br /> (b) Commence ��n acti�n td forcclds� thiti F�¢ed r�f Teust as <� m�rtqaqe, {
<br /> �
<br /> — _ - - �_" - } --
<br /> .._ - "'`'_'x`_ -
<br /> --- -�- - -
<br /> � .�.� � — -- — --- - -
<br /> �
<br /> __ _:,�. - �� .��-��.�, - - --.__.____.--- -� , -
<br /> �: • - - .. .- - . . . . - . -._�.-' . • • , . -�'r`, ��� � - .
<br />
|