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<br /> fi EflftfMrtt Ooin�m.Lendei is hereby asstgrted a�t compensat�on.awaras damage5 and otne(payments or reGe!{here�natter"Proceeds°}�rt connECUOn w�t� ' '
<br /> Condemnat�onorothertak�ngoftheProOectyorpartt�e*eot_ortOrco�veyance�r.neuatcondemnat�on lendershatibeent�t�edat�tsopt�ontocommente,appear�nan0 ,
<br /> ptosecute�nitspwrtnameaisyect�onOrproteeC�ngs.andsha�fatsobeenf+t�eCtomakeanycomprom�seorsetttemer.t�nt0�nect�pnw�thsuC�tak�ngordamage Irtthe
<br /> event any portwn af the Praperty�s so taRea or damage0.Lender sratl rtave tne opt�on,m�ts sole and absotute O�scretwn.tvapO�Y att such Praceeds.alter deduetmg .
<br /> fRCtElrOm81itO3tSSnOBapCItS25�f1CUtfEtlbyit�rtGOnrtettion+JY�tDSUthprOCO�S.U00n3ny�ndBEtPdnpS95CCU�Cdh@rCbyanC�rtsuCbordBrdSLenGCrrtl3yQBtCtrtllnQ.OFtO �
<br /> � ayply a��snth ProeeeGS.after sucn GaCuct�ons.ta the restoraUOn ot tne ProDer.y upon such contld�ans as tender may determme Any aOG���atwn ot ProceeAs to
<br /> mGebtetJness shatt not e�ctend or postyane the due Oate o!any payments under tRe NoTe.or cure any Ce}autt tBereu�tler or IiereunQer. �
<br /> - 7. RlAO►T�t��b�t�t�dlt•tntheerBntOf60rro�er'srdduretoperfartnanya�thecOvBneemReremarrtrakeanypayment4reqmreAhereby.0►itanyactKtaKenor .
<br /> � IegafproCeeGingCOmment�Cw��chmatenattyattettsLende�smterQSlmtheV►operty.LenCermaym�tsowndiuretion.DutwitAOUtaC��gahontotlosa,andNdhoutnoi�te
<br /> toorQemanQupon BOrrowerand wdh0ut retCasinq BurrOwBr from any Obl+gat�an,Co any act wh�ch th6 Borrawer has agreed but fa�ls to Qo and may at5o dOany Ot�eraM it
<br /> Ceemf nectssaryto proteet M9 Setut�fy hCteof BorrOwer Sl�,sll:�mmediatety upan Qemand therefor by LertCer.pay to lenCer a11 tost�dnd e�penseg�ncurre0 and setms
<br /> expendedLytenQer iaCOnneCUpriwitt�tltgexerGSeQyEenQ&rofttsetaregairsgngftts.toqetherwilh mteresLeheceorrat tho ratep+ariQedu►fitpf+fote.+vtur.h 9ha1!beadde4ta ,
<br /> the InQeDteQness seeured hereby.Lender shatl not mtur any personal t�abil�ry because of anym�ng�t may Qa or omd to do hereunQer.
<br /> 8. EtlMhot OKMNt The toltowmg st�ail constdute an event nt defautt under th�s Oeed ot Trast: ' -.
<br /> ; (a) FaituretoDayanymstaltmentolpnneipatorinteresto�anyotnersumsecuredRereOywhenQue.orfa�luretopaywhendueanyotherindebtednessot
<br /> - Bottower to I.eRder. • •
<br /> _ ,;{`.: ..�^..•,>
<br /> . , � (b) A breach of or Qetautf under arty 0*ov�on cantairced m ihe IYOte.th�s Qeed of Trust.any document which secures thB ryate,and any other
<br /> ' `_:r� eneumbrance upon the P►operty:. . ' : . ,_" ' " ::
<br /> � ,:� (e) AwritofexecutionorattacAmentoranys��mtarproces5s`rattheenteredagainst8enowe�wAicfisha��becomealienonthePropertyoranypoction :� � •,,.:�,';
<br /> f,.� �ABrCOtorinteresttherein; � : , ,`'' :` � ,,-.,; `�
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<br /> �, . (d) 7bBre Ehdl!bC fited by Or 8gait�5t Hcni�3���;�s:is�-�zr.�2r any pcesetst ar fuh:2`.��"?�t 5fa".�.d?.cit`_f��ssatuta.taw or regutat�on�retzting tn ���;�.,,;• , ..,.
<br /> + + t� •`"::::`'� bankruptcy.insohrencyorotherre2tie4tordetstazs���'���i:i��t�^-tedanytnistee.�eceeser.�a:;;2i 1°�sa r1<��i�nrorefatlaranypaKatMeF,r�yrt�;.cr.',';.�-`;',','�t;,�>� ��t ,
<br /> tiF�f:r: - therents.issuesarprofitsthereg4�sr.flartaw��:�f:^;��a?�•s�en�r.'ai�ssrgnmerrtiorme�2r.�'2:•��;�d;tqs3:" :�i` •c:' `�- .
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<br /> <�� ` � (e) The sat� es_3a.�i'"c�';�3.L,�'-m=(�;Lr_Cr.;�:r5�i:r.P'`..., -�:r 3 8i.?�i1 Ct�at14 •L;- � �•t:s1c . }73 `�5 ' � ' �,;•:
<br /> 1 ' .. . t�,( r� � , ��..;"1�.- `1T,: ,•jr.�e��� 3ras .II e.�Fr• �[r,.L�t}4teC t^''..� a'S u
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<br /> ��r. �� .E IfBorr¢'t�s�isdsc��s;iis�ia'r,�:aT.ihesale.Vansfec�at�`�tsstiirti;�r:r='�_ .�rre.'�:.:.�':r�-t"�tiiet':cs�'• �-�:x..iracat�x�'�,
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<br /> .� " �srdartdOUistand+ngStoek�cdi'�:a��a-rtnersh�py_ ¢w��=°a;iTartnershipmtere3ts.
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<br /> � g. RwnMI�s;AcqMnqO�IUpODOMsd.2�ntheeventatanyEventcf�r"aultlendermaydeclareallcn��6tednasssecuredhe►ebyt�t�QueandpayabteanOthe �
<br /> same st►all theteupon beCOme due and payabfe withoat any presentment,demand,protest or noTice ot any kinO.Thereafter tender may: •
<br /> (aj OemandthatTrusteesxerc�sethePOWEROPSAtEgrantedherem.andTrusteesl�aUthereaftercauseBorrowersmterest+nthePropertytobesatd
<br /> and the proceeCS to be OistnEuted.all in the manner providea in the Nebraska Trust Qeeds Act:
<br /> � (D1 E�Mer in p�rson or�y agent.witt►or w�tnout bring�rtg any act�on or proceeAmg,or by a rece�ver appo�nted by a court and w�thout regard to the.
<br /> aaequacyot ds secunry.0nferopon artdtalce posse55ion of tha Praporty,or arry part thereof.rn rts oam riartteor m the nameo!the Trustea.and tlOanyeCls wh�Ch -
<br /> rt tleems necessary ar des�rahle to preaerve the v8�ue,marketaD�l�ty qr rentabd�ty of the Property.oi paA theieoi or intere4t there�n,mCred4B thB�nCOmB ,
<br /> thereirom ot protett the seCUnty hBre0)aeA.with or wA hout tak�ng possecs�on ot the Praperty.suo tor or otberw�se cpllect the rAnts.�ssues anA profitslhe�e0t.
<br /> �netud�ng t�ose paslQueenC unpa�d.and appty ihe same.less costs anC expenses ot operation arta col�ect�on mciudmg attorneys fees,upon any�ndebtedrtoss
<br /> seeured hereby.at{m such order as LenQer may delerm�ne The entenng upon anrf takmg possesswn ot tne Propeny.tt;e cotlection of such rents,issues and
<br /> prOfitSandt�e applicat�on thereof as ataresa�d.shalf not cure ar waive a�y dofa W t or nodce of tlelault hareunder or�nval�date any act done m respons8 to 9uch
<br /> tlatault or purauant to sucn not�ee ot default and.notw�tnstandmg the cont�nuar.;,a�n possess�on ot t�e Prapnrty or the collettion,reteipt 2Rd BppdGat�On of
<br /> rent9.�SSUesat prot�ts.Ttustee or��rtder sha�l As ent�tted to eYercise every nght prowdetl tor�n any ot the Loan Instruments or by law upon ocCUrene9 of eny '
<br /> � event of dehulT.meludmg the nght to exere�se the power ot sa1e.an0
<br /> (C) COrtUf1QnCB 8n ecti0n to forectose th�s Deed ot Trust as a mortgage.appomf a race�ver.or spewfrcally entorce any of the covenants�ereot: �
<br /> No remeCy herein Co�terred upon or re5ervea to Trustee�r Lender�s intenQed to 6e exclusive ot any other remedy herem pr by law prov�ded or perm�tted.but eae�a�8t1 be
<br /> eumulativa.shall Ee in adCit�on to euery other reme0y g�ven hereunder or now or hereatter eY�sting at law or�n eqwty or hy statute.and may be exercised concurrently.
<br /> independenttyorsuccessively •- -
<br /> 10. T�wtw.The Trustee may res�gn at any t�me without cause.and Lender may at any t�me an0 witnout cause appoint a successor or su65titute Trustee.Trustee { .
<br /> shatl not be I:able tor any toss or tlamage unt�;s due to acLOnabte negl�g�nce or willtul m�sconduct.antl shalf not be reqwre0 to take any act�on�n connectfon with ihe
<br /> ' entoreeme�t of this Oeed ot Trust uNess�ndemmlied,m wnting.Tor e11 costs.compensat�on o►expenses wn�c�may be assaciated t�erew�i`• tn additian.Trustee may
<br /> becomeepurchaseratenysaleoltheProperty(judiaalorunderthepowerotsa�egrantedherem�.postponetnesateofalloranyport�onofthep*operty.asprov�dedbytaw: �+_. •
<br /> or sell t�e PropeRy as a whote.or m separate parcels or tots '
<br /> 1 t. Ft�iw�Adnnce�.Upon request ot 8orrower,Lenper may,at its option,make addit�anal artd future advancos and readvances to Borrower.Such advances ana �
<br /> readvances.Kiih,nterest thereon,shaEi be�ecwed 6y thi;Deed ot Trust At no time shan tn?a•rnapa�emou++r o1 the��debtedness ssccu_d by th�s Deee of Trust,nof m- __
<br /> ctudingsums2d:artCeOtoproteotthesew��tyofth�sOee4ofTrust.exceeOtneo����na�pnncipalamountsta2e3r.Prem.orS-�.S��•QO_--_-_-_:_,whith9v@fis
<br /> ' gte8�er. . —
<br /> 12. MheNlaeMOUSPravtNans. . ';.'�
<br /> (a) SOrtC*f►NO)R�INItd.E�tenSion Ot the t�me tor paymeM or mod�LcaLOn ot amort�zaGpn o1 the s�^s rcurea by th�s Oeed ot Trust g�anted by �
<br /> , LenQB�to any sucC8SS0�in�n1¢res!Ot Borrower shall not operate to release.in 2ny manner,tAe i�35'�ty Ot thp p��g�nal BorrOwer and Borrow9r's succe5sOr5�n `
<br /> mterest.48nC8r Shall nOt Ce reau+r��to commence proceeCings a�amst such succe5so�or refuse t��xtend t�me tor payment or otherwise modif y amort�tat�ort
<br /> ' ot tA0 sum8 SeCUr00 by this�ee�G'Trust by reason of any Ceman�s made by the ongmal Bo^rov.c�antl 8orrowor's SuCCessors m interost- '
<br /> �b) �rnarsvow.a.N1�'•nyutafteCbngthohab�ldyotanyotherpersonl�abte}orlhepaym9�tolanyobl�gaUOnhore�nmoMiOnetl,anQwdhoutatfBCflng `
<br /> ' the lien or charge o1 this Oeed ol Trust upon any portion of the Property not then a�theretoforo reteaSeA as seCur�ty tor ine tu11 amount of atl unpa�a obhgat�ons t
<br /> lBndEr may.frOm time t0 Ume 8nd with0ut nOt�co(�)release a�y porson so I�ab•a (��)extonA the matunty o�alter any Ot the terms 01 any suc�ob!�gaE�Cns,(�if)
<br /> grantother indutgences.{iv)re�ea5e or retonvoy.ot cause t0 be ret68se0 Or rocOnyeygd ai any t�mA at L¢ndor's Options any paicel.port�on or all of tRe Prope*ty.
<br /> (v)take or retease any otherora0��t�onal secunty Tor any ob��gauon herein mentioned.or(v�►make composrtions or other arrangoments with debtors�n rela'�on '
<br /> th8fAt0 ,
<br /> (c) vo�.,nne.by�.�a..Noi,w.i�.�.Any torbearance by len0ar�n exeruSmy any ngnt Or remeQy h0reundor.O►otherxise aHorded by apphcab�e
<br /> ;, � .
<br /> Iaw.st1811n0IDe8waiv8tolorprecludetheexorcisootanysuchngntorremedy Tneprocurpmento}�nsuranCeorthepaymanlollaxesorotherlionsorchargos � ,
<br /> by LenQer ehall not be a wa�ver o1 LonQer's nght to acceterate the matu��ty of the mdebfednoss securod by Ihis Daed ol7rust ,
<br /> (d) auee.non ans�.�yns eoune;JOIM�n0 SfY1rN LiablUly:C�ptlons.The covenants and ogreements here�n contained shall b�n0.and th9 nghts
<br /> heteundet ehalt 1nu�e to.the resOeCtrve SuCCOSSOrs end essigns of LenOer and Borrower,sub{ect to the prCV�s�o�s ot pAragrAph 8(0►hcfreol All covenants an0
<br /> agreeme�teot6orroweishallbojointandsevoral Thocapf�onsandheatl�ngsotthoparag+aphsoflhis0eedufTrustarotorconvon�enceonlyantlarenottobo
<br /> used to interpret or define the prov�sions herout
<br /> • ._ ,_... ._., .. .._ ._.�e) .RpwHlorMolk�s.Theparhe9her.ebyrpyueslthatacopyol.anyJiql�co.ofdel�u�thQreund�r�ndacopyofanynnhcvofs�le_hpraunderbemailetlto.._._._____.
<br /> eaChpBrtytothis08e40tTru9lattheaddroessefforlheboveinthemannerprascnbedbyappl�cabl0law Excoplfo�anyolhornoliCO�aqu�rCdundorappl�iAblo � � �
<br /> � IdwtO be gtvEn�n enOther manno►.any nohcn prov�dnd for�n�his OoeA ot Trusi shall b9 g�Yen�y mr�hng suCh nuticO by coHdied mad addres4ed to tho other
<br /> perNe�,at the addres9 set forth above
<br /> Aay nOtrCa OrovtOOd tor�n this Oeed ol Trust sha!{be deemed to haue been givon to Borrowor or Londo�when g�von m!�o mannur Oos�t�natUA nerem ,
<br /> • • 1t) Ins�etbn.LVndermaym8k0arcer�setObem80or8asOneDlovnfnesuponand�nspact�onsoi!.heProperty.p�ovidedlhetLenderShellgweBorrowor
<br /> � aot�ce pnor to any auch mspectwn spec�fying roaso�ablo causo Ihe�9tor rolated to Lvnder's intorast in the Proparty
<br /> (g) II�CO�W�yinC�.UponpaymAnlotelf�umssecurodbythi�beedolTrust.LenderBhatlr8que9fTru9te0t6reCOnveytheProportyanAShe119urrendor �
<br /> Ihls Qeed o�Trusf and all notes evidnncmg indebtedness secured by th�s Deed dl Trust to 7rustee Trusteo sha11 rocomoy the PropOrty w�thout warcanty antl
<br />. WithOUt Ch81gB t01h8 pCrSOrt 0�p0►SO�S 10gglty B�titl@d th818f0 SuCh pBtson or porsons shall pay Atl cos19 01 rOCOr081i6n.�t 8ny
<br /> (h) i�taonNProputy.S�cnrltyApnenNnLAsadd�tionalsecuntytorlheDaymantvlthe'vo�eant�rturas,nqwU���nt,andalhorpersonalprope�tyuseA
<br /> �ritonnoet�onw�lhthorealestateor�mprovement9tocatodlhereon,andnototherw�sedec�aredo�Cee^+e�roboapartolthoroalvstal�securedbareby,shal�be _ _,�_ _
<br /> sub�eCltoasecurityinterest�nlavorottheLenQOrundPrlhoNebraskaUn�tormCommaraalCotle 1R:s+nstrum9ntsnallbeconstruodaseSaCUntyAgreament '
<br /> u�dor 9aid CoQ9.en0 tho lender she11�avo all the rights end remed�es o1 a secure0 party untler sa��Godo�n adQ�l�on to tho nghts and rgmedies created under '
<br /> and aeearde0 the lender pursuant to this Oeed ot Trust ;
<br /> � (�) SMNWMty.tntheevv^t�hafanyprov�swnotth�s0eedolTrustcontl�etwrthapphcab!e�aworaredeciaredinval�0o�othvrw�sounenlorceabre.sucn �
<br /> _.. . , ;ntlitltiefttvfflidily4tl8R�Ot3i}a�tilhw�}hprprpv�g�pngpttn.gtTm�ptTrustortheNntawh�rRr.anifegw�nuf}aetwitfiouttRecor.fl�ct�ngptov�s�ort.ehdtothr9 . i
<br /> e��d the Orovis�one ol thg OoeO a�t rust and the No:o arv Ceuared ta ba sovera0�e T
<br /> � � ' Borrower nas oxoCUtad this Ueed O�Tr�s!ffe Ca:�wr�f!en abo�e. �; ,�
<br /> ��� �' . .
<br /> �„ (Joseph L.� Trausch�b«ow«��
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