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<br /> � �� 8 EIMrwM tf�eb`a.Lena�r is hefeny�ass�grted a11 tompens3t�an.ar.ardg,damages anC otner Aayriien2S ox reAei(here�cialfer"Proceeds"►�rt cartnect�on w�t� �
<br /> CQttdelnn�hQ�OtOfhattsimt�Otth�PtOpBrlyOrpdrtth��00t,pt10rCOnVtlyanCO��hBUOlCp�QQ�nnOLtln LenOeishatlDeenGttedahtsoptiontoCOmmence,appearinand ,
<br /> ' A1 prp=ECUtEelt�tlOwnn3JnE0nydCt�U�OrprOt�80ing5 !lndshyllalsobeent�ttedtomakeanycompromigeorsettlement�ntonnett�Onwitt�SUChiakingordam8ge Int�e � •
<br /> E r�� evenf arty port�or.o}thz Prnpeny�s s�taren or tlama�eo 1.enaa�sna:�navo tne opt�on.�rt�t5 sote and aCsotute d�sc�et�on_to apyy sil such�rnceeQs.aiter Ceduct�ng
<br /> � tnereiramancoshanOe�penusmcurreaby�hnco�meehon�r�thsuchproceeGS.uponnnymdebte�ness�eCU�Cdhereby8n0�nSUCitOrQg►83lendCem8ydRtCrmine,OrtO
<br /> � a�D�Y tl�1 seta�Pr����.llter suth OecfuChens.tp tt+e raStOrahan pt ih�P�ODlrty upOn BuCR COnQ�T�OnS 35 CCndBt may Qeterm�n0 Any appticatwn o!Prot¢eds to
<br /> � mdr,bletln�ss�r,au not e■ten0 cr p.,stLOne Ine due Kate ot any payments under tha Note.or cu�e any QelaWt tnereunCCr or nereunder
<br /> • 7 'qet�irMnt��yLM�f�r,�ntnoeventof8crrowersta�iuretopeAormanyottnecovenentsnereinormakeanyp�ymentsreqwrednereby.or�tanyaet�stakenor
<br /> . � � iaqstprpceea�n�,cammFnceduv��cRmrter�s�tyattectsLertdeis+nteresbntneProp�rty.lenQermayimts�wrtC�sc�ol�on.DUtwdAOUtObI��BhosiTOd050.9rtCw�thOUtnoti�e
<br /> to or dtmane upon H�no�er an0 w�tnout re�easm fl Bo rrowe�f rom any oDhgat�o n,do any uU wn�ch tne Borrower nas agreed but Iai Is to do and may atso do any athei act�t'
<br /> Ceems rtetesaary to protectlhe secu+�ty nereot 8orrower shalr.�mmeo�ately uponCem�nd thorafor by tende�.pay to Lende�all cos?s and expenses incurred andsums
<br /> oxpendey by Lender m connttUan w�th the exerc�se by CenGer o�tne torago�ng n ghts,together wdh�nterest thereon at�he rate D�o��aeO m the Note.whicn shall be added to
<br /> , � t►++��nAe�?eAnRSS�c��r��h!reAy Len6er s1�a1!not��cur eny Qe+snn�F I�ab4�t�because ot anyth,ng�t�naf do nr oma!ta Co harcaadar
<br /> 9 Ewnh W D�1wit The 1o1[ow�ng shall tanst,tute an event of Qetautt under th�s Oeed ot Trust.
<br /> � _ (a� FaduretoAayanymsfettmentoiprmcipalormteresiorenyothersamsecuredrtsre6ywhendue,orfaduret�paywt�e�dueanyotAerindsbieOnessot -
<br /> Barrawer to Lertder.
<br /> , (0) A hrrach ot ar detautt under a�y prov�sion conta�ned�n 1�8 Note.It�is Qeed uf Trust.any document whtctf seeuros!he Note,an6 any ot�er �
<br /> � pncumbranae upon the Property:
<br /> • � (c) Awr�tofexecutionorattachmentoranysimilarprocessshallbeenteredaga+nsiBorrowerwh�cnShallDecomealienonthePropertyocanyportion '
<br /> � thereot ar mtereYt therein: �
<br /> ` (0) There shall tse fiFed by ai a3ainst Borro�sr an aCtion untler any present or tuture lederal.state or other siatute.taw or regu�atian retatmg to
<br /> banMruptcy,insofvency orother rei:zf fordeDiors:art�a:a srz:Ceappomted any trustee.teceiver or liqwdatar ot 8arrower orof all orany partot the Proaerty.or
<br /> the rents,issues or protite thereot.ar 6anower s�a!t ma:�e an;�gecierat assignment for t�e benefit of cred�tars
<br /> ' (e) The sale.transfer,gyglgnm.ent,can�ayartee or t�rther encumCrance ot all or any part o1 or any interest��n the Property,either votunlaniy or
<br /> r invo►untanly,w�thout tAe expieSS wr�tt?p COr.52nt Of LBnQ@r • . �
<br /> . (ty ItBorrowerisnotanirtdrv�0uai,t3�esate,t2nster,ass3qnment,cortveyanceorentumhranceotmorethan percentof(,facorporatian)�is �
<br /> issue0 and outstartding stak or(it a partnershipy percent of partrersh�p mterests.
<br /> 9. R��erAeetNnYon 1lpon Dda�Inthe event ot any Event of Qefaul!LBnd¢rmay declere ail inGeStedness secured hereby t0 Oe aue and payafo►e and the
<br /> samestfall thereupon Gecome due an0 payaDte rritrout any presentment,�ema�A,prW tasi or notice of 0ny kirtd.Titersaiter Lender may: ; .
<br /> ta} Oe:nandt�atTtusteeexerei�L�POWEROF5ALEgranta�hera�n.a�dTrusteeshatlthereafte�caase8orrawer'sinterestinthe?'a:erytoLes��: '
<br /> ' and the proceeC3 to be d�si:�CuteQ,alt irt t'.`.Y ranner provided in the Ne@nsia Trust Qeeds Act "
<br /> (b) Etner�n pe:saz o:by agent.u::3 or withaut bringing any ac!ion or praceedics.a.by a rece:vaz��pomteC r,�e:::.uA and wdhout regard t7 J^2 ' � � '
<br /> aQequacyofitssecunty.�zk.cs;,onandtai�possessionoftheProperty,oranypartthereot,r. �syannameori-;�eaameb•:;`�z?rustee.andAaanyacuw`��. • . . �
<br /> it deems necessary or des�r3L!e[o pre�ervC the value.ma�ketability or rentabil�ty pt t'ie Pr.M2rry,er pa^�t�azof or�r.'arzs!ttierein.mcrease the inc�-s=_ •
<br /> • therefrom or protect thesec,.ri2y�erepf arQ wrtb brwdhout taking possess�on af t�e ProFe^;-s1e toro�ofherwre ColleCt t�e rents.�ssc,�sa-�protitstnerec: '
<br /> inctudmg those pasidueand unpa�d and a�r,,:ythe same,tesscosuandexpeesesof operation and collec��on:��Ntling attomeys'fees.��r.�.ry ittOebteQnBSs
<br /> � Setured tlereDy,aIl in such orderas Lender may determ�ne The entenng�cc-ar.d taking possess�on of tre Pr�perty,the collect�on et�.•:r:rr�s,�SSUeSan�
<br /> ' profitsandtheapplicationthereofasatoresaid,shallnetcuzeorwaweany�e'aultornoticeC`1e�iulthereur.deror�nvaffda'ea:.ryactQo-�r.�3onsetosu�, �•
<br /> . Cefault or pursuant to sae"+.n�ace of default an0,nota��:�a�•ng the coM.:nuance m possass�ar cf the Property or the caile�s::�n.receipt z-::appt�catia.c,:
<br /> �nts,issues or ptof its,Tru573a or Lender shall be en':_�t�ex=_,-c�se every�ighf prov�6sd fGr•^a-y ot the Loan ln5trumerr�c�'�:'�w uaon o:curence of a.:y
<br /> EYB(1t 01 Q@f3UIt,inctldr�ma right tp exercise the pc��rgr e`ee"�'9rtd � �
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<br /> (cp Crsmmertcz*an actEan to forecf�sath�s Oeea oE Trost as a mortgage.appo�nt a rece�ver.or spec�t�cally enforce any�!the eove-�a hereof: •
<br /> Noremedy hereln con`aaed unon a r roservad toTrustea�r Lendor�s mtenaeA to Beexctus�ve of any other remedy herei n or by Iaw prov�ded or permittetl.5ut each s�all pe �
<br /> cumulativg,shall be In 86dition t0 erarytf.her remedy given herounder or rtow or hereafter ezistmg at law or m equ�ty os by statute.and may be exerc�sed concurrentty. ��
<br /> intlependently arsucceservety.
<br /> 10. TrutlN.7he Trustee may res�gn at any bme wdhout cause.and Lender may at any time antl wrthout cause appo�M a succacsor oi subshtute Trustee.Trustee ' -.
<br /> shall rrot be liabt9 for any IoSS Or damaye untess due to dCt�Onabte neghgence or w0lful misconduct.an0 shall not be reqwred to take any act�on�n connBttiOn with the '
<br /> enforcement o1 this'�eed of Trust unless inGemn�f�eA,in wntmg,tor all costs.compensation or expen5es wh�ch may he asson�ted therew�th tn add�t�an,Tr�BteB m8y
<br /> becortf�a pun:haserat any sate o1 the Property(�ud�c�al or unGer the power of sa�e granteC�ere�rt).postpane the sale ol all or any poruon ol the property.as provided bylaw:
<br /> Ot aBll t�e Properry a!a wROle,6r i�sctparate parce�s or lots
<br /> 11. Fulutr MM�nC��.Upon requestof Borrower.Lender may.at�ts ophon,mak�aGa�tional and IuturoaCvam;esand readvances to @orrower Such advancp�and _
<br /> reaQvanCes,wlth intsrest therton.s�all M setured Oy this Qeed ot Trust At no t�me shall the pnncipal amount ol the��tle�le0ness seCUred by this Deed o�Trust,not in• ' -
<br /> CludingSUrt�58d•i2tfCQAtOp►OtEClthslBCUntyOflhiSDe200fTIUSt,BMceCath@Ongm3lpnndpalam0untstatedhCrCin,Or$ ___36.�.000_.QO____,Wh,ehevans --
<br /> groater. ,-
<br />` 12. MI�cNlan�ousP�od�lons. ;�:
<br /> (�) o0t►Ow�t NOt RtNstM.EMten,ian 01 the time tot payment or mod�}ication ot amort�lat�on ol c�e sums secure0 bY this Oeed of Trust grantetl by
<br /> LenQerto arry sucCessor m interest of Borrower shall not operate to release.m any manner,the babdity of(ho onginal Bo�roi4e:and BOrrower's suCCOSSOrs in
<br /> interest.Lendershell not ba requued to COmmBnce proCeedmgs aga�n519ucn suCCessor or retuse to extend Umo for paymem or oihorw�se moddyamorbzat�r,r
<br /> Ot t�e sums secured by this Oeed ot Trust Dy reason of any demands made by the onginal Borrower an0 BorroweYS sutcessors in interest
<br /> (b) LNb!/�Po�a.Wrthoutetfechngtheliabihtyolanyothorpersonl�ableforlhepaymenlolanyobligahonhere�nmenhone0.andw�thoutaifectmg �'
<br /> the h8n Or Ch�tgB 01 thi9 Q8e0 ot Trost upOr,z^y portion of the Prope�ty not then or Iherefofore retoasod es 5ecurAy f or tho fu11 amouM of aIl unpA�d ObhgBhons, �
<br /> Lender may,lrom tir?ro r�e and w�tno�:�:"ce(�)retease any person so hable.I��)e�tend the matunty or alter any ol lhe terms ol any such obl�gat:ons.(���) �
<br /> . ' grintotherindulger=�;.(��;:•eteaseorreCOnve/.orca:se:�bereleasetlorroconveyeCatanyt�maatlendor'sopUOnsanyparcel.port�onorallotlhpProper4y,
<br /> (v)t0ke0�feleeseetlyc'.h�-craddihonalseeunty'�r2r�G�•.3ahpnheremmenhOnptl.ot(vqmekecomposd�Onsorothetartangementswdhdebforsmrelation .
<br /> ' thef8t0. ...r_
<br /> (C) fOtbNrlllC�(sy LMtfr Hol�Watw►.Any lorbearanca by Lender�n exarc�sing any nght or romeCy hereundor,or othorwise altorded by appl�cable ' '�'�
<br /> Ia�r.shalfnotbeawaiver0lorprectu0etheexorc�seofanysuchnghlorremetly Theprocur�mentof�nsurancoorthopaymontoftaxesorotherl�ensorcharges ,
<br /> by LenGer shall not be e waiver ol Lender's nght to aCCelerato the matunty ol the indebtedness secured by this Dced o1 Trusl.
<br /> (C) SuCelNOnandAfllOn��OUnd:d01n1 and S�Y�ral Ll�bl�lty;C�pflonf•The Covenan�9antl agreoments horoin ccr�;z�ed shall b�nd,and thp nght3 �
<br /> , AerounOetshali inuro to,"�rBepoCtrve successors end ass��s of Lnndor and Borrower.Sub�?c'tGthp prov�S�ons of paragra�"°+e►heteot Atl covenantszr•�
<br /> agreementsot8orrowers'+n"Oe�o+ntanOSeve�al Thecaphc�sanAheadmgsoftheparagra,-,h�ollhisDeedofTrusta�oforcc•..°r:oncoonlyanCaronotiobe
<br /> use0 to inte�prpt 0�detme!he provis�on!hereo►.
<br /> (0) R�quntfOtNnUcn.Thepartiesherebyroyuesttha�ecopyofa^y�ol�ceofqetauttherounQOrandacopyotanynot�cootsalonere�:��erbema�ledto
<br /> ¢aCApartytothi�0eedo1Tru9tatth98GdrA9ssBlforthnhOVeinlhem9n^erG:�:scnbedbyapplicabltsla•a Ezce�:�o�anyothprnotiCOrequired..�:doruppliCablo ,
<br /> taw to be grvEn in enOthet manner,eny notice p�ovided for in Ihis Oeod of Trust shall ho given by mailing such nohce by ce�t�lied ma�t aUtlresseC to tne olher
<br /> part�ee,et the address sef torth above
<br /> Any notice prov�ded fot in ih�3 000d Ot Tro51 Shel!be Aeemed t0 h2r0 beon given ta 8orrower or Lendar when gwen m tho manncr des�gnoted hOrom
<br /> (1) tniplCNpn.Le�dermaymakoorcausetp0omadoroasonnDtoontr�osuponandmspoct�ons6itAeProporly.providedthatl.endershallgive8orrower
<br /> notiCe 0���F'O trry CuCh in9pection specifying reAsoneblo causa therotor related to Lendor'g intorpst in tAe Praporty
<br /> (g1 +7K�Y��.Uponpaymentot811lumlSOCUredbyth�3deedolTrust.l.unGershallr@QuostTruS:eetoreCOnvoythoPropertyandshellsurrender
<br /> Ma DMA of Trust and aU aotes ev�denc�n�i�debtedneaa secured by thie Oeed of Tiust to Truetee 7rustee shau recanvey the Vroper�y without warrenty end
<br /> w�tnout charge to t�e person or persans legally entdlod 1Rer�ra Such person or persons s`a:�pay a11 cosis ot racordaLCn �t any
<br /> (h) P�qonalPrpp�rly.lG�eurIry114rNm�M.ASaddA�onal5ecunlytorthepaymomoc.l+eN0loalll��tures.aawpme�c andatNVrpersonalproportyused
<br /> �nconnectionwdMherea�ostat0orimprOvortfontslacnlfdthoroon.entlnotothvrw�stideciareCardoemedtobeapartoHhor�alWStatCSecure4hCroby.Shailb0 �--_ ,-,-__-
<br /> SubjetttoesECUntymterosl�nfavotoltheLenderundnttheNebreskeUmtUrmCommpraalCoQe ir,�s�nstr�r��MShaUboeonstruedasaSecur�tyAgreomont �
<br /> under sa�d Code,and th9 LenCer Shall have allthe Nghts nnd remeA�e9 ola seCUreO pa�ty under sa�0 CCCp:n a1d nOn to tho nghtS And romed�es crea(etl undor
<br /> an0 accorded 1he Lender purSUant to th�s Oeotl ot Tru51 �
<br /> p1 S�wradYry.InlheevenitnatanyproY�sionolth�sDaedolTruslconl��clwithapplicabtvlaworarodeclared�nva�C•:^otherw�sounentorceablo,such ;
<br /> cOMhttonnvaltdityshatlnotoftetltheolherprOV�sion9olth�sOr,edolTrostorthpNotowhtti�canbeg�vanelleclwrtAOUC:n�:onlhcUngprovis�un.andCOthis � �
<br /> entl the ptovutone o!lho Oeed o1 Trust nnd tfio Note aro RnC1arAA to hn eavwranln ,
<br /> E3orrower has executed th�s Oeetl ot Trus!tne dato wntten above Platte Valley Communications, �17C., BY:
<br /> � • — - - --�rrowe� - '
<br /> (Wow Nispel P� ident) r..
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