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<br /> _. . . . � . . � 94-- 10�74'fi �.
<br /> .10.REYEOt�S ttOT EXCLUSIVE.Trustee and 8enefic�ary,and each of them.sha�l be entitted to enforce payment and pertormance ot any
<br /> mdebtQdrtess or nbl�gations securetl hereby and to exercise a11 rights and powers undertA�s Trusi Deed or under any olher agreQment execute0 `
<br /> � �n eonnection hererKith or any taws no�+►or�ereafter i�to�ce,nolwitAStandirtg some or a4t ot the such indebtsdness and obl�gat�ons securetl ,
<br /> hereby may now or hereatter be otherw�se secured,whether by rnortgage,trust deed.pteAge. I�en,assignment o�otherwise Neither the
<br /> � - acceptanceoithisTrus�DeednoritsenforcementwhetherDycounacUOnorpursuanitatkepowerafsa#earotherpowershereFncor�tained,snatS
<br /> _ ' prejudiceorina�ymaarreraffeciTrustee'sor8ertet�ciary'snghttoreal+zeupo�orenforceanyothersecuritynoworhereafterhetdbyTrusteeor
<br /> � Beneticiasy,ilbeingagreedthalTrusteeandBeneticiary,andeachotthem.shatlbeentitledtqenforcethis7rustDeedandanyothersecuni�ertow � ,
<br /> � or hereatt8r held by BenetiCiary or Trnstee in such order ar�d manner as they or either of them may fn their absot�te discretion determme.No
<br /> • remeGyAe/B�t��o!7��p?norressrvedtaTrusteeorBenefiCiaryisintendedtabeexclusiveotanyolher�emedyhereinorbylawprovidedor • ,
<br /> � permin� � . 1��1c�umulntive`and shall be in addition to every olher remedy g�ven hereunder or now or hereafter existing at taw or rn
<br /> , equity;.orb rrypol�JeForremedypravidedunderthisTrustDeedto7eusteeo�Beneticiaryartowhicheith.er�`.themmaybeotherw�se ,
<br /> entitt. j�eQ.C�cucre�ttyorindependentty.tromtimetotimeandasnftenasmaybedeemedexpedientDyTrusteearBeaef�ciary • ,
<br /> � and either nf them may pursue inconsistent remedies.Nothing herein shali be construed as prohibiting Berteftciary from seekinp a deficiency ' -
<br /> judgment against the TNstor to the extent sacA action is permitted by law. '�'
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<br /> , f. , , . .
<br /> . 11.TRANS�ER OF TNE PROP£RTY;ASSUMPTIQN.tt alt ar any part of the Property ar interest therein is sold,transierred'or athecwise . _
<br /> conveyed by Trustor without Benefic�ary's prior written consent.ezclud�rtg(a)ihe creahon of a hen ar encumbrance subordinate to this Trust .
<br /> � � Deed,{b)atransfarbyoperationoftawuponthedeathofaTrustorwhoisajo+nttenanlor�c)tttegrantnfanyteaseholdinterestofthree(3JyearSOr .
<br /> tess wfiicA does not contain an option to purchase,such action rs a brQacrt of this agreement,and Seneficiary may,•at Ben�fic+���t's option. ;'
<br /> ' declareat3thesumssecuredbythisTrustDesdto0eimmed�atetydueandpayabte,prov�ded.furthes,thisTrustDeedmay.at8eneficiary'soption, ' . ,
<br /> be deciared immediately due and payable,if(1�Trustor is a par2nership and any�nterest`n the partnership is sotd or assigned by any means . • . ;-,,f,.
<br /> f whatsnever,or�2)if the Trust�r is a corpor�tion and a transfer o�the majority stock o+�rt-�'?��interest in the corporation occurs,or the Trusto� •
<br /> corporation merges in any form w�th another corporatian or entity.Beneficiary shal!ha4�,aa::ed such option to accelerate'�f;prior to the sale. ..
<br /> ', transterorconveyarrce.8eneficiaryandthepersontowhomtheProperty�stobesotQOrtransferredrea�hagreementinwritingthatthecreditol
<br />; ; suchpersonissatisfactarytoBeneficiaryandthatlheinterestpayableonthesumssecuredbyth�sTrustOeedshallbeaisuchrateas8erseficiary : '
<br /> ' shalt reGuest. _ , :�-� '
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<br /> � 12.A�ELERATION UPON DEFAULT;REMEOIES;SALE.��se fa�Iure by the Trustor.tsmake any�ayment or to pertorm any of the terms�an� , ,
<br /> i conditionsofthisTrustQeed,ortheterrrisandconditionsoftheROte.aranyrenewals,r.;;.:�ficationsor.extensionsthereof,orthefa�luretomake :' . -
<br /> ' paymentofanyotRerindebtedness.pnororsubsequenttothisTrustDeed,andsecuredbythisproperty,orthedeathafoneormareTrustorsshan � ��?r:�`
<br /> � tre a breach and defauft of th�s Trust Qeed and tfi�Beneficiary may dectare a detauit and rnay dec(are all sums sacured hereby irrrmed�atety due . •'��`,
<br /> • and payabte 8nd the same shafl thereupon become due and payable without presentment,demand,protest or notice ot any kind,providad.Trur�s% : ;:�,i�,�
<br /> shatt have any statutory right to cure the default betore any nohce of detault and deman�far sale may be delivered to the Trustee.ThereaftE-, . ` i"��'
<br /> Benef�c�ary may deliver to Trustee a written declaraUOmof defavkt and demand Ior sale.f::_or agrees and hereby grants that the Trustee s�a.�,: :'• �"� ' � '
<br /> ' havethepowerpfsatsofthePropertyandil8enetrciarydecideslhePropertyistobesold�:s'^a�tdepos�twithT�usteethisTrustDeedandtheNote-.. .. • -
<br /> � ornotesandanyoth9rdocumentsevideaCingexpendituressecuredhereby.andshattde:rvertoTrustee�s�sr�itennot�ceofdefaultandelsctionta .. � _ .�,
<br /> causethepropertytobesoid,and7rustee.inturn,shallprepareasimilarnot�ceintheforr�requiredby%ativ.whichshallbedulyfiledforrecordby � I �
<br /> Trustee . '
<br /> (a► After the lapse of such time as may be required by iaw"�=,owing the recordaUOn pt Not�ce of Default.and Noticeot Detault and Notice ��_
<br /> 01 Sale having been given as raquired by 1aw.Trustee,�v�thout�demand on Trustor.shall sell the Property.if not redeemed,m one or � '
<br /> more parcels artd in such order as Tcustes may 6ete:rteine on t�e date antl the t�me and place designated in,said Notice o1 Sale,at '
<br /> � 'public auciion acco►ding to faw. � �_ " � - -
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<br /> � (b) When Yrustee sells'pursuanitothe powers herein,Trustee shall apply the procee�s of the sale to payment ot the costs and expenses ; �—
<br /> oi ea�e,eising ihe power of sale and of ihe sate,mcluding,without bmitat�or Ze;�rney's fees and the payment of Trustee's Fees • `'
<br /> ' incu►red,which Trustee's Fees shall na:m the aggregate ezceed the!otiow�ng aTOUnts hased upon the amountsecured hereby ana ��
<br /> ' remainrog unpaid atthetime scheduled'ar sale:5 pe�centum on t►+e�alance thereai;and tr.er.��the items in subparagraph�c)�nth�. ' �
<br /> � order there stated.
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<br /> ' (c► ARer paymg the items specitied in subparagrapfi�b�.�t the sale is by Trustee.c-:t the sale is pursuant to�udicial foreclusure.the. � ��
<br /> jproCeeAs of sate shall be applied in the followEng orCer. � �`' +''
<br /> � �, :i.
<br /> < �1�Cosl ot any ovidence of titlg procured�n connect�on w�th sucr��ale and of any revenue transfer fee reqwred to be pard: ' . '
<br /> : , (2)All obligations seCUrBQ by this TruslOeed: . ' ,�.;
<br /> , (3)Jun�or trust deeds.�rcr*.gages,or other lienholde~s; , ' • '�.
<br /> (4)The remainder,d arry.tio Ihe porson Iegally ent::•�:3 thereta . �
<br /> � 13.APPOINTMENT OF BUCCESSOA TRUST�E.8eneficiary may.from t�me to t�me,:,}a?�r'ipn irstrument oxecuted and acknowledged by
<br /> =• Benefic►ary,maited to Trusior and recorded in the county or couMi@s�n Kr:��h the Prc,^e'; .s:ccs'ed and by otherwise complymg with ihe �
<br /> , � prov�sconsoftheappliCablelawsoltheSlateotNebraskasub�.�•':�teasuece«.�rorsucces�-;rstotnetrusteenamedhereinaractingher'eunder '
<br /> • 14.IRSpEC?tONS.Benefictary,or its agents,representatr��.��::�emptoyees,are a:.trc��zsdto enter at any reasonable iime upon or m any par�
<br /> �- � olthePropertyforlhepurposeofinspectingtfiesameandfcr;�purposeolpertormingaryotlheaWsitisauthonzedtopertormundeNheterms - -�- � �
<br /> ot the Trust Oeed. •
<br /> � 15.OPTION7'OFORECLOSUF1E.Uponthecc:_;renceol2nybreach2:-,'dupontAedeclarationotdetaulthereunder.Henefic�ary,i�aihaver�^�
<br /> option ta tvreclose thts Trust Oee+1' n the manner provideC by�aw 1nr the foreclpsure ot mortgages on real properly.
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<br /> 16.FOR�BEARANCE BY BENE�ICIAHY OR TRUSTEE NOT A WAIVER.Any torebearance by 9enefic�ary or 7rustee m eMerasmg any ng�t.:;
<br /> � r9medy heteundor,or otherwrse allorded by applicable law.shatl not bo o waiver nt or proctudetho exerC�se of any such r�ghf or remedy.LrNswise-
<br /> . the wa�ver by Benof�c�ary or Trustee of any de}ault ot Trustor undAo tfi�s trust Deed shall not be deemed to bo a wa�ver of any other or S�m�1ar
<br /> ` CefauHS subsequentty occurnng.
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<br /> t7 BEHEitCtAtiY'S POWEpS.Without attBCUng or reteasmg tho babitity ot tho Trustor or any olner person Lable tor ihe p£+ymenl ut any ' T
<br />- obhgaUOn horein menlioned.and without a}fecUng tha I�en or charge of th�s Trust doeJ upon any parhon ot fhe Properly,Benehc�ary may:trom �
<br /> timoto f�mo and wdhout notrto at the requosl ot one ormore Trustors;1�i��lease any person liabfe.(n►extOnd vr renow Ihe matu►ity or altor any o1 , ' I
<br /> the terms ot any such oD1�gaUons.1���)graM other�rtdutgences.(w)releaso or recanvey.�r cause to be r�tpasad or recanveyed at any�ime at � ' .
<br /> . . 8enat�cra►y's opLOn arty¢arcat or attnf the Pro¢arty.(v!tnko dr release any ntheror add�Uanat sQCwdy for,any oht+qat�on hcrern ment�aned.tv+t . t
<br /> mako settlem�nfs or other arr8ngemerris wdh Trustor�n relaUOn lhereto All Trustors shalt be�omtly and s�voralty obhgated and bUUnc1 by�he �
<br /> acf�ons ot the Beneficiary or any ono ar moro 7rustor as statad in 2h�s,paragraph ' �
<br /> � 1B ATTONNEY FEES,CO$TS AHp El(PENSES..ThQ Ban�t�c�aly ot this rtrust deed�s om�tied to U�e paymenl nt,dtomcy��fres.costs�md
<br /> oxpqnsos a�pruv�ded�n th�s 7rust b�o�f.Qxc�p1 as u�►�e�wrsc'6tu��b�tEeet P�y I�jv� �
<br /> . t5� pECOHVEYANCE BY TiiUSTEE. Upon v�rdton wquest ut Benci+r,�ary.ind upon �7yinCn{ �y TruSfpr pt TruglCE•s fE'es tr�,s�e�� �•�i.��i �
<br /> rr�ct,nreyta7rust�r,orlhep�rsonorpprsuns�egalty�!hbt�adlhFreYt�.w�'hUUtY�,trr�nty.<7nypU�tu�nnflhEPro�e��Viht�nhi•utht•r��,in;tt�� �t��rrt,tt-:��� �
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