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89101239
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Last modified
10/19/2011 7:42:09 PM
Creation date
10/20/2005 9:20:44 PM
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DEEDS
Inst Number
89101239
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L <br />,2 <br />89-- 191239 <br />further assignments of the Proceeds as Beneficiary and <br />Trustee may require. <br />F. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from <br />time to time, by a written instrument executed and <br />acknowledged by Beneficiary, mailed to Trustor and recorded <br />in. the County in which the Trust Estate is located and by <br />otherwise complying with the provisions of the applicable <br />of,".the State of Nebraska, substitute a successor or <br />s ccesfi� ca-M . to the Trustee named hereinx . car acting hereunder. <br />G. 2 CCESSO*S Ai r* • 44 5SIGNS . This Deed cad. - : Trust applies to, <br />inures td,' the benefit of, and biand�i all parties hereto, <br />their he;its, legatees,. e��visees, pe:r�onal representatives, <br />success67rs and assigns - The term �I eficiaryll shall mean <br />the owner and holder of the Note --n ether or not ;gamed as <br />Beneficiary herein. <br />H. INSPECTIONS. Beneficiary, or its tgr_Onts, representctt"ves or <br />workmen, are authorized to ent!ek at any reasonable it u pn <br />or.. in any psi of the Tr' PLS�t' Estate for. the purpose''raf <br />specting the same and for the "purpose of .performing any of <br />the acts.. it is authorize) to perform wader the terms of any <br />of the reran Instruments, upon not les_�.than 24 hours notice <br />to Trustor. <br />I. EVENTS OF DEFAULT. Any of ttte following events shall be <br />deemed an event of default hereunder: <br />1. Trustor shall dPas %2 ' faii.i.led to make . plyment of any <br />principal and /or ,gin.erci t installment,-,lhecoming due <br />hereunder by more `than 10 days after, ' the due date <br />thereof; or <br />2. There has occurred a breach of or default under an.y, <br />term, covenant, agreement, condition, provisimrrn <br />representation or Warranty ,contained in any of the L43an <br />Instruments. <br />J. ACCELERATION UPON DEFAULT AD15]"1'IONAL REMEDES. Should ah . <br />event of default occur, Beneficiary may declare all <br />indebtedness secured hereby to be due and payable and the <br />same shall thereupon become due and payable without any <br />presentment, demand, protest or notice of any kind.' <br />Thereafter, Beneficiary may: <br />1. Either in person or lay agent, with or without bringing <br />any action or proceeding, or by a receiver appointed by <br />a court and without regard to the adequacy of its <br />security, enter upon and take possession of the Trust <br />Estate, or any part thereof, in its own name or in the <br />4 <br />r� <br />.ti <br />h <br />fit <br />Isr <br />Oil <br />�v <br />I <br />I <br />.ti <br />h <br />fit <br />Isr <br />Oil <br />�v <br />I <br />
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