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<br /> -'�-��������1:�'i:d�S�1 �' _ �,�•�+�."3+XS����i[�2�,y.��'!. S _ Y:.���s.t,��. ic f� t.°� • ro. `�"a��,.,e�E�._. �'� _.
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<br /> t 0.tiEMEQ1ES NOT EXCLU�SlVE.Trustee and Beneficiary,artd each of them,shaq be entitled to enforce payment and pertormar.ce ot any �
<br /> � crt�sbtsdrssserobR�gationssezuvedherebyandtoexerciseallrig�tSand�awersunCerthisTrustOeedorunderanyotheragreementexecuted
<br /> in connection herewitb ar any laws now or hereaiter in fCrce,notwithstandmg some or ali pf the such irtdebtednc3ss and obligations se�ured
<br /> . he�ebx may�ow or hereaftec be olherwise ser,�,rad, whQther by mo�tgago,�rust deed, ptedge,liea, assignment or oth�rw�se Ne�ther the
<br /> acceptanceotthlsT�ust Oeed nontseN�rcemerttwheth4rby caurt aetian or pursuantto fhe powerol sala o�oth�ir poNers heremCanfa�ned.s:�au
<br /> prejudice onn anymannerattecl Trustee's�r Benefi�iary's s�ght to reafize upor.orentorce any other secur.ty naw or herealtar hetdby Trustee or
<br /> BeReficiary,i�being agreed thai Trusteeand Benehclary,and each o`thom,sna116e 4nt�t�edto entorc�this Trust qeedandany othersecurdy rtuw
<br /> or hereafter he!d by Berteficiary or Trustee�n such ordor anti m�rsnor as thoy or e�ther of them may�n the�r absolute discrei�on determ�ne No
<br /> rerrtedyhereinconferreduponorraserve�toTr�sst�cor8anet�c�ary�s�ntendedtnt�neYC.usrveatanyatherremedyheremorbylawprovfdedor °
<br /> ' . peramtted,but each shall be cumula�ive and shall be m add�t�on taflvery uth�r remedy yivan hareun�er c,r now ar horeaiter ex�stmg at law ar�n .
<br /> ' aqvityorpyst�tyto �vCryp�w4rarrCme6}�pravidedundorth�sTrustOeedtaTiustceor�o�ehc�aryortowh�che�therotthemmaybeotherw�se .
<br /> entilled.may bQ exercised,cuncurrently or mdependenlly,lrom!imo ta Umc„nd as qttQn as may be daemed exped�ent b/T�ustae or 8enefic�ary
<br /> ` artd e�ther o1 lhem may pursue inconsistnnt rom�d�es Nolh�ng nere�rt shaic Oe conslruod as proh�b�t�ng Benef�c�ary�rpm seeking a dehc�en�y
<br /> judgmenl at�amst IhB T��stor tOlhe extQat 5uch acUOn�s Qerm�ttect by tnw
<br /> i t TRANSFER CF THE PROPERTY;ASS!lMPTIpN.If aIt or any part of�he Praaeriy or�nterest therein is sold.transteroed or athervnse
<br /> conveyed by Trustar wUhout 8eneficiary"s pnor wr.tten consent,e�efudmg(a�the creataon of a tien orencumkrance subordinate ta ih�s Trust
<br /> Deed.(b)atransferbyoperat�onof taw uponthe death of e 7rustor who ts a�omttenantnr�c�the grantof any t8asehold�ncerestofthree(3}years ar
<br /> tess which doAS noi confain an option to purcha9e.such act�on�s a breaCh ot th�s agreertsent,and Beneticiary may,at BQneti�iary's option.
<br /> declare a�t the sums secured by tbis Trus!Oeecito ae immetliatety due andpayab�e,pro��ded,(urther,this Trust Deed may,at Beneficiary"s aption. �
<br /> he doctared immeGiate!y due and payable,�f(t y Trustar is a partn2rsh�p and any�nterest in the partnership is sold or assigned by 3ny means
<br /> � whataoever,or(2)if the Trustor is a corpo�ation and a lransfer ot the rna�onty stack ownership interest in the corporation occurs,or the Trustor '
<br /> corporation merges in any form with another corearabon or antity. Beneficiary shall have waived such option to accelerate d,prior t�the sale, ,
<br /> 4ranster or conveyance.8eneticiaryzndthe person lowhom the Property�s to be so!d ortransferred reach agreement in writ�rigthatthe cred�tof
<br /> � suc h per��n is satisfactoryto Beneficiary and that the interest payabte onthe sums secured by th�s Trust Oeed shatl6e atsuch rate as Henef�c�ary •
<br /> ; Shall rc�ct¢cst • .
<br /> 12.ACCELERATION 0.:�ON DEFMULT;RElNED1GS;SALE.The faitu re by the Trustor,to make any pay�ant or ta perform any ot the terms and
<br /> conditionsofthia TrustCaed,orthetermsand candilions ofthe IVote,or any renevlals,moditrcations orex�3�isionsthereof,ar thefad�:r?to make
<br /> paymentolanyolher ind�btedness.prioror subsequenttolhisTrust Deed,aad;.ecured by this property.osihe death ofoneormoreTsus:�rs shal!
<br /> , be a breach and detault o1 this Trust D�ed and the Beneficiary may declare a default and may declare alt sums secured hereby immee�_`s�r.G.ce ' ••
<br /> � andpayable2ndthesameshalllhereugon6ecomedueandpayablewithoutpresentment,demand,protestcrnoticeofanykind,providetl.Trustc- .
<br /> ' shail have any statutory right to cure the defauft before any notice of default and derriand for sale may bs delivered to tho Trustee.T�ereatter. " '
<br /> ; ?enef�ciary may deliver t0 Trustee a written declaration ot default and demand for sale.Trustor agrees ar�hereby grants that the T-1;tee shall �
<br /> ` 'avethepowerotsateoPthePropertyandif8enefic�arydecidestfiePropertyistobesoldilshalldeppsilwcthrrusteeth�sTrustOeeda-dtheNote
<br /> � ;rrtotesandanyother4oaumentsevidencingexpend�turessecuredhereby.andshallQelivertoTrusteea�vr.ttennot�ceofdetaultandelect�onto '
<br /> i
<br /> . �auset'?�;;,�oQertyt�besold,andTrustee,�nturn,shallprepareas�milarnoliceintheformrequiredbylaw.whichshallbedutyfitedforrecordby
<br /> ; Trasiee. ; '4'
<br /> ; - -
<br /> �a) After the ta¢se r��such time as may be reQuired by law following Ihe recordation of Nouce ol De'a��!and NoUce ot pefault zr;Not�ce • �r
<br /> of Sate havirg bea�given as required by�aw.Trustee,without demand on Trustor,shall sell the:�roperty,if not redeem�r.:�one or �
<br /> " more parce!s a�d:.�s�ch order as Trustee may determine on the date and 1he t�me and place des�gnated in said Natice�t Sate,at
<br /> public auct�an accoru<ng ta ia�; y-__
<br /> � (b� WhenTrustesse;�saursuenttothepowersherem,Trusteeshallapplytheproceedsofthes��e3a:caymentofthecostsand�:�.penses '
<br /> � oi exercising t�a:�ower ot sale and of the sale,including,without limitation,attorney's f=es=-•_t:`e payment ot Tr��r��s Fees �_
<br /> incurred.whic�Tt`stes's=cssshal!not in the aggregate exceedthetollovring amounts baseC�r:-:°�a^��:^s secured r.;;aby and
<br /> � remainmgunpa'd�tthet��;thedulediorsale:5perce�tumonthebalancethereof:andthenta"�'��s ��.�`:;aragraph�c�inthe
<br /> ' i ordertherestv:Bd. ,
<br /> (c) Attar paying����tems specified in sud�a�agraph(b►.d the sale�s by Trustee,or d the sale�s:;.u'suant to judicial(orec!csure,the
<br /> , proceeds ot s�!e shall be applied in the following order: .
<br /> ,t
<br /> ' �1�Cost ot any evidence of t:�.e procured in connecUOn wilh such sale and of any reve�ue tra�.sfer foo reqwred to bC paid:
<br /> (2)All obligatians socured t9 tnis Trusf Deed;
<br /> (3►Juniortrust deeds,martgages,or other lionholders: �t
<br /> (4►The remainder,d any,to the persan legally entitled thereto. �
<br /> � t 3.APPOINTMENTOF SUCCESSOR TRU9TEE.Benoficiary may.from time to time,by a wr;:ten i�st�.*•ent exec4ted and acknowledged by '. '.
<br /> 8enafic�a-y,mailod*_�;rustor and��c;orded In the county or counties In whlch Ihd Propo:ty+s locate�anC by o1�°e��arise complymg with Ihe
<br /> , provisionsollheapp��c2p'elawsc�'T�StateofNdbra�kasubsldufeasuceflssororsuceossorstotheTr_�teenamodheroinoiactinghoreunder.
<br /> • 14.(NSPECTIONS.E���yficiary,or its agenta,representatwes or emptoyees,are aulhor�zed to enter ar�ny reasonable t�me upon or m any part
<br /> ol the Properly tor tho p;�rpose o!inspocting the samo and lor tho purposoot pariormmg any ot lho acts it�s autnor�zed to porlorm under Iho torms
<br /> ol the Trust Deed.
<br /> t S.OPTION TOFORECLOSURE.Upon the occurrpncootany broach and updnthodeclara6onutdetau�t hereunQOr,Benofic�ary snal►havo Ihe
<br /> opt+on to foreClose this Trust deed in the mannor prov�ded by law lor the foraclosure o1 mortgages on raal property.
<br /> 16.FOAEBEARANCE BY BENEFICIARY ORTRUSTEE NOTA WAIVER.Any forabearance by noneliciary or Trustee m pxorcis�ng any right or
<br /> remedyharounder,orotherwiseatiordedbyapplicablo►aw,shalMplbQawa�verotorprecludethooxErcisealanysuchnghlorremc+dy L�kewiso.
<br /> thtl waiver by Benefi�iary or Trustee of any default ot Trustor under thiy 1'rust DeQd shatt not be dc��metl to bo a w��ver�I any ottrc�r or su�0ar
<br /> defauNs suDsaquontly occurring.
<br /> !7.BENEFiC1ARY.'�L�OWEtiS. Without aHectlng or releas�ng the h�bilily o1 th�Trustor or any other person hable for the pa.y!nant ot any � � T
<br /> obl�gaUon herein m,rr:*^2�,and wdhoul atteoting the bon or charge of thls 7iuy1 U�ed upon any porOnn ollhe Property,Benet�c:ary r••ay,from ;
<br /> timoto t�meandwith��.r�^:�:��at'�.o requdst otona or moreTrustors,(i)release any person liablo.(u�extend or renew Ihp maturdy ar aRer any oF '
<br /> the terms otany suc��:��..a�.-�~s,i�ii)grant othe�indulgoncos.(iv)rcrlaase ar racvmoy,or Causo to bv relo8sed or reconveyed af any time a1 • �
<br /> • c�6c'i@itGinry'S Opt'tAf'r c�:�;�utChi G�afi p0�t�b?ivybily,iv�fuke vr reieasa any vtiier vr a�ftiif�vnai securily fvr any ootrgaUon hvre�n manfiorted.(vr';� � ,
<br /> mdko settlomonts or c;hor arrangomonls•a�th Trustnr m relat�on thereto.All Trustors shall be�ointly and saverally obligated and bound by the , •
<br /> act�ons of the 8enohCi�ry o►any ono ar moro 7iuslor as st��oct�n th�s paragraph. � �
<br /> L 16 ATTOqlUEY FEES,COSTS AHD BXPEHSES.Tho Bonahcrary ot this Trust Uoer.i�s entrtled tu the payrn�nt vt altarnc�y s foos,costs��nd
<br /> U�panst�s as provided in th�5 7rust DE3ed.exCep!TS olherwisn prohib�tod by law.
<br />- t 9 SiECOHVEYAHCE BY THU9tEE. U on wntten ro uest ot ��n�hc�ar �n;f u on ~
<br /> P q y t U Payment by lrustor �1 Trustee s fees. Tr�stE�e sh�+u
<br /> iCCUnvc�yfUTrustor.vrit�epvrsonorparsnns�vg£�IlyonUlfudthE�rE�ta.viclhnutv��tirranly,anyporUOnoltt�cpropEJrlytnenheldhe�round�r Recdals�n {�!�
<br /> G[1Ct1/dCU��QyAQCft UI c1f1Y (t�J11GI5(it Ii1G(S Shill)h0(:nn�lUS�v�:puipi U�(t'U IrulhtulnE�ss Ihe!uo1 Tho t�tdll(41{! �fI:ill�/ fE!COpl9ytdltLc� n�.�y �it Fi
<br /> dESCrrbed as 1hE'��F;lSCj�l Gt[1f7�SUnS IC(Jilll�Ch1111Cd it�LtC1U [.� �
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