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<br /> � �1
<br /> 05-o5—t�o DEED OF TR�JST 90.� 10�5 2� �age 4
<br /> Loan No 515960 (Contlnu�cl)
<br /> Qranlor{it Grantor is�n Ind'+vid:►aq e�!so sheq canetl!ute�n E�wnt ot Det�uh ur►ciar thb Deed ot Tn►si.
<br /> Forklosun�dc. Comr�ancen�ent of forecioaun,whMhtr by pdfdal proa�din�,eWf•hWp,�apo�edelon or any other method,by Any creditar of
<br /> � Granlor against Rny a�the Propaty. Howevar,thM subMCfbn�ha�not�ppy In th�wari ot�pood faith dfepua by Or�mor as to the vdidiry or
<br /> rea.9on�blenee�o!Uw cl�im whlch i�ttw basb ot tb loadosu�,provkfed thaf Ciranbt pi�w�la�tJK vvritten noUoo ot such claim en�tumtshes
<br /> res.a�ves or a aurery bond lor the ciaim a�,�sl�ctay b L�ndM.
<br /> 6riadi ot bif�/Ig�rnnt Any brwch by C,��rMor undK�Mmr oi�ny attwr aqre�rwrK b�hw��Ci��rNor�nd lsndor th�t is no1 remsdi�d
<br /> ��hin�ny y��oa pM'lod provided tharNn,Indudlrg without Mnrfatlon�ny�g�K oono�rN�g�ny MdaMad�or othar aNlgatlan ot Gr�ntor b
<br /> lend�r,wtwtt��cNYn9 oow or i�.
<br /> Ev�b Afl+olln� �iu�r�nlor Any ot tM pno�tlrl�wwMs 000u��wiNt n��d b liny(iulr�tMor ot utty ol tF�Ind�bNdnesa o�such Gu�r�nb�
<br /> dies or DeCOmes Inoorr�pete�t. Lender,�t ib optlon,m�y,but�hd not b�nquk�d b,p�mlt ttw�ivaranlor's�ataN b weun»unconditbn�lty the
<br /> obRg�Ibna�In�undar tAe guar�nty tn a rtwnnK ta1M(actory b�,and,ln doinp so,ait�1tw Ewnt o10N�u�.
<br /> Ins�cutity. I.onder In good falth cieartb ita�M k�e��w[�.
<br /> RIGHTS 11HQ REMEDIE9 ON OEFAULT. Upon th�ooaM�ol�ny Ew�N ot ONault�nd M�ny�t�wfNr.Tn�MM a Londor,N fb ap�on,m�y
<br /> oxo�cise any on�or mor�of 1M toNowtrg�hb and na�dlM,In addlllon b�ny oM�dplN�a nrt�dM ptovldW by I�w:
<br /> AeoNKaqon upon D�fauli:Addltlo�al RMn�. 11 my�v�M of dNauN aocurs wNch M not ax�d wflhln lif:�n(1a)day�m�nodc��q pK
<br /> the tarn�01 th�NoN socu��d htraby�L�ndK m�y d�cJ�r��N Ind�bMdnw Max�d by 1hN ONd of Truq b bs du��nd p�y�ble�nd iM�artw
<br /> shall 1hKOUpon b�oom�dua�nd payabl�withoul�ny pr�wM.d�rtW�d.ProMM or nota ot�n�l fck�d. ThK�NNr,L�nd�►may:
<br /> (�) Eithw In pmon or by�gant,with a without WNqkp my�clion or proowtNrp.a by�noNr�►�ppolM�d by a court�nd withcut rprd
<br /> to th��ct�quacy of Ita �curity.�ntw upon�d Wc�po�ion ot 1M Prop�rty. or any part thenof, In N�own name or(n ths ruirns o1
<br /> Trustae,�nd do any�cts whkh it deerne r�ey or clMkabi�10 pr�w th�valu�,awicetabWry or r�nt�b�ity of the Proparty,or put o1
<br /> the PropeAy or int�est In tha Property;(ncx�w tM inoane from th�Prop�ly�or ptoMct tM Mcu►iry o1 tM P�roperty;and, vrith or without
<br /> t�cing pos�e�lon ot the Property,eue tor a ottierwi�oo1«.K th�rmb, iea arxl profNe oi ths Propwry,induding those p+�t due �nd
<br /> unpdd,and appM the same,less coab�nd��a o1 opKWo�+�nd oolNclbn,induding�ttornaya'hs�,10 any Indebtedness secured by
<br /> thb Dead of TNSt,�II In such ord�as Lender m�y dole�rt�ins. Th��rNering upo��nd Wdng pos�eeaion ot the Property,the aoNecUo�ot
<br /> such renb,issuea and profita,and ths appication tMr�ot shM not ouro or w�lw ar►y defaull or notla ot det�uR under this Deed of Trust or
<br /> invaiidate amt�ct done in rasponse to auch dalauR a punuant b auch nolfa of ds1aWM.�nd,ootwitlmtandinp tM oondnuance in pos�sslon
<br /> ol the P�operty or!he collection,raoaipt and�ppMcaMoo of renb.Eae�ias or prolhs,Tiuttes or Leocler ahaN be antltled to exercise every dght
<br /> provided tor In the Note or the Reiated Documsnb or by law upon tM oocurrence of any event of detauh, induding the�ight to exercise the
<br /> pow�er ot sate;
<br /> (b) Commence an xUon to foreciose this Deed of Trust a� a mortgage, appoint a reoaiver or apac�flcdy enlorce any of the covenanb
<br /> hereof;and
<br /> (c) DeOver to Trustee a written declaratbn of daf�uR and dw►�nd tor sal�and a virtinen nolic�of defauM and etectbn to cause (3n�tora
<br /> interest in the Property io be soi�f.which noUce Trustee ahdl cau�e ta he duty filed tor record in the approp�iate ofllces o1 the Counry in wh�h
<br /> • the Property is lacated:and
<br /> (� 4lfith respect to N1 or any par!01 the Peraond Ptoperty, I.ender shaN have dl the r3gMs and remedle�of a secured parry under the
<br /> Neb►aska Unitorm Commercial Code.
<br /> For�cbsuro by Pow�r of Sale. If Lender elects to toredose by exercise of the Power of Sate herein oontained,lender shan notity Trustee and
<br /> shaU deposit with Trustee ihis Oeed o!Trus1 and tha Nata and such reoaptf and evkfence of e�enditu�es made and secured by this Deed ot
<br /> Trust as�rusteA mt�y requirA. �
<br /> (�) Upcn receipt ai arch nou�iram tenae►,7TUStea snall c�usa to oe reovrded,puo�and deuvereo to�ra�rtor sucn Notice of t7ef�utt
<br /> ant!NoUce of Sale as then reqaired by law and by Ws Deed of TruaL Trustee ah�N.witt�oui de�r�and on Cirantor,aher such Ume as may then �
<br /> be required by lew artd atte��ecordaUon of auch NoUce of DetauR�nd aftar NoUce of Sate havi�g beeo given as requlred by law, aeil the ' _
<br /> Property at the tkr�e�nd placa ot sale flxed by It in auch Notbe of Sala.eithw as a whols.or In separate bte or parceis or items as Trustee . �
<br /> shall cteem expedient,anci in such order as ft may deterrr�ine,at puWic auction to the ttigAest bidder(or casb in lawtul money o1 the U�fted ;
<br /> �
<br /> StAte�payable et the Ume of saie. T�ustae shal delive►to auch purchaser or purehssers�theraof ib good a�d suttictent deed or deeds
<br /> conveying the property so sotd,but without any oovenant or warraMy�a�ee�ot impisd. The rec�tale in such deed of any matters or tacts ?
<br /> � shall be conclush►e proot o4 the truthfulnoss thereof. A�y peraon,indudirg vdtl�out iimita6on Grantor,Trustee, or Lender,may purchase at
<br /> such sale. �
<br /> (E) As may be peRritted by law,atter deducdng M oosb,tees u�d expan�of Trustee and of this T�ust,Induding costs ot evidence ot title F
<br /> in connectbn with saie,Trustea shaq appy the proceede o1 a�le b paymerri of p)M sums expended under the tem�s o1 this Deed ot Trust or
<br /> under the terrns ot the Note not U�en repaid,i�duding but not firtiited b acc�ued i�ter�st and late charges. (i�dl oiher sums then secured ; .
<br /> hereby,and (lU)the remaader.if any,to the person or persone legaly antltled thereto. � �
<br /> (c) Trustee mAy in tAe ar�annec provided by Iaw postpone aats of�II or vy pcxuon oi the Property. �t
<br /> Rem�Na Not Exclu�iv�. T�ustae artd Lender,and each of tt�em,shaN be anti�ad to en(oroe payment aod performance of any indebtedness or y
<br /> obligatbns secured by ihis Desd ot Trust and to exercise aN righb�nd powen under this Oosd of Trust,under the Note,under any o}the Retated , �Y
<br /> Docum9rts, or under any other agreement or any laws now or heredter In tor�, ratvridlstanding, some or dI o1 such indebtedness and
<br /> obiigatlons secured by this Oeed of Trust may now or heraedter be oUierwi�e secured, whether by mortgage, deed ot uust, pledge, lien,
<br /> assignment or otherwise. Neither the acceptance of thb Deed of Tntst nor fb entorcerr�ent,whether by couR acUon or pursuant to the�awer ot
<br /> sate or oiher powers oomai�ed in this Deed of Trust,sh�N prejudke or In any manner affect Tn�stee's or lender's rlght to reatize upon or entorce
<br /> any other security now or hereafter hetd by Trustee or Lender,it being�eed thM 7tustee and Lender,end each o1 them, shall be entiUed to
<br /> entorce tBws Oeed o1 Trust and any other security now or hereatter held by Lender or Trustee In such order and menner as they or either ot them
<br /> may in thelr absolute dissxetion determi�e. No rert�edy oorderred upon or teeerved to Trustee or Lender,b Intended to be exctusive o1 any other
<br /> remedy In thi.s Oaed o}Trust or by law provlded o�pennRted.twt each shaN be cumul�Gve and shap be in addidon to every other remedy given in
<br /> this Deed ot Trust or now or hereatter exisUng at It►w or in equity or by statute. Every power or remedy given by the Note or any o}the Helated
<br /> Documents to Trustee or Lender or to which eithet of them may be othervYfse eMitled,may be exerclsed,coecurrently or independently,from time
<br /> �o time and as otten as may ba deemed expedierrt by Trustee or Lender,and either of them may pursue Inconslstent remedies. Nothing In this
<br /> Deed af Tnast sha1l be wnstrued as prohibaUng Lender trom seeldng a deflderwy judgmeni agai�et the Grantor to the extent such actian is
<br /> permitted by law.
<br /> Rsqu�at Fo�NoUet. Grantor,on behalt o1 Grentor and lender,hereby requesb th�t a copy o1 arty Notice of Oetault ancl a copy oi any Notice of
<br /> Sate under this Deed ot 7rust be mailed to them at the addresses aet torth in the first paragroph of thls Deed of Trust.
<br /> Waiver;Electlon of Rem�dl�a. A waiver by any party of a breach of a prov}sbn of thb Daed of Trust shatl not oonstitute a waiver of or prejudice
<br /> the pany's�tghts otherwise to demand strtct oompNance with that provlslon or eny other provislon. ElecWn by Lender to pursue any remed;•
<br /> providetl in thls Deed o1 Trust, the Note, in any Retated Document,or proWded by law shall not exctude pursuil ot any o:her remedy, and an �"-�'- `
<br /> eleCtion t�m2ke exp0nditljre9 or to t2ke BCtlon to p0Aort11 an oWk�atbn ot Gfentor und9f this Deed o}Tn�st after fellure ot Gr2�':r to peAorm shall '
<br /> not afrect ienders rigM,a oectare a defauit and to exercise arry oi iis rerrwxlies.
<br /> Attom�ys'F�es; E�enses. i+l.en�er institutes any suH or sction to enforce ac��of the te►rt�s ot thls Deed ot Trust,Lender shall be er.�s'ed to
<br /> recover such sum as t7��co+::t may adjudge reasonabte as etterneys'iees at triel and on any eppeal. Whether ar not any coun action is involved,
<br /> al1 reasonabte expenses Incurre� by Lender which in Lender'e opinion are rteoessary at any Ume tor the protecton o1 its interest or the
<br /> enforcement of its rlghts shall beoome a part of the Indebtedness payable on demand and shall bear interesi ai the Note rate trCm the date ot
<br /> oxpenditure un61 repaid. Expenses covered by this paragraph incfude, wfthout Ikritatfon, however subJect ta any Umiis under applicable taw, N�
<br /> � Londer'9 &ttorneys'tees whether or not there�s a tawsuit, IncluWng attorneys' fees for bankruptcy proceedings(mcluding oHorts to modify or �
<br /> vacate eny automatic stay or injunCtion),appeals and tiny anticipeted post-Judgment coUection servkes,the oost ot searching records,obta�ning
<br /> Utle reports(1ncluding fflteclosure reports),surveyors'reports, apprdsal fees,tR1e insutenoe,and fees for the Trustee,to the extent pormftted by #
<br /> appliCebte law. Grantor also witl pay any oouh oosts,in addition to all othe�►sums provlded by law. t�
<br /> Rlghts pt Trustes_ ?rustee shall have all ot the�rlghts and duties ot Lender as set forth In this seCtion. �t1
<br /> POWER AND OBLIGATIONS OF TRUSTEE. The tollowing provisiQns relating to t�e powers and obl�gations of Trusteo are pait ot 1n�s Deed oi Trust '
<br /> PG'VYBt 0�TfU9t?@_ It1 3ddiUOf1 t0 6ii pOWBIy Ui TIU9t@Ei��!Siftg 89 6 nlg(I6f OI IbW,T�UbIf�6 Slt8il 118vb lhd pUW6f to Iake I�ie lo�lurnng d�hons w�(h
<br /> ros�oato tho Properry upon tha rQquest ot Lender and Grantor. (a)join in prpparing and fd�ng a map or plat of tho R�;�I Piopc•ny, mJudmg iho
<br /> de��CAton ot streetsor olhor rights to tha public; (b)join in grantinc�any ea�trn9nl or creating any restrict�an on the Real Prope�ty, a:�d (c}��:n m
<br /> n�y subord�nation or other agroemont atfecting this Dec�d o1 Trust or the interest o1 Londor under th�s Deod ol Trust
<br /> Trusteo. Tn,ste�r sha11 mo�t au quatd�caUOns raqWred for Tiustcsa under apphcable state law In add�Uon to tho nqhis ar.� �en���c5 c,�t':,r,n �
<br /> ar,;,:o,w,th rospect to �il or a�ry pa!t ot the Properry, tho Trusteo shall have tho nght to toroclose by no1:CO and Sd:tr dn� L.E•��'t•� ;�':� �'.�.r i•�r
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