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<br />.89- 101720
<br />11. AteaTem;m Um Default; Illaatdloo; Selo. Upon default by Trustor in the payment of or perfornonce of the terms aindcorxfitions of,
<br />if* Note, or any renewals, modifications or extensions+ thereof, or flip payment of city other indehtedness secured 1101 clay at in the Ives It*In1a1m 41
<br />of any of the conveeronts or agreements hereunder. Bem1kiary may declare all sums secured hereby irplpediotefy due and payable oevj life scmloe
<br />shall thereupon become due and payable without presentment, demand, prolest or notice of any kited, Thereafter, Beneficiary max deliver to
<br />Trustee a written deckoration of default and demand far sale. Trustee shall hove fire power of sale of the Property and if Beneficiry derides Ilia+
<br />Property is to be sold it shall deposit with Trustee This Dead of Trust amd the dote or motes and any other doctxnenis evidencing pxpeni ilin es
<br />secured hereby. and shall deliver to trustee a written notice of default and election to cause she Property to be sold. and Trustee, i1,• tun to. slxdl
<br />prepare a similor notice in if* form required by law which shall be duty filed for record by Trustee.
<br />(a) After the lapse of such time as may be required by taw following the recordation of Notice of Default, orld Holke of Default and Notice. of
<br />Solo having been given as required by low, Trustee, without demand an Truster, shall sell the Property in one or more parcels and in such order
<br />as Truster may determirie an the date and at the firm and place designated In said Notice of Sale, at public a►ucliat to the highest bidder. the put--
<br />chose price payable in cash in lawful money of the united States at the time of sale. The person conducting The s4ei'may, for any cause he or she
<br />deems expedient, postpone the sale from time to time until it shall be completed acrd, in every such case, notice of postponement shelf be givi sit
<br />by public declaration thereof hy,such person at the time and place fast appointed for the sale; provided, if the sate is postponed for .iger than
<br />one (T) d1° beyond the don designated fn the Notice of Sole. notice thereof stroll be given in flip same siumper as the original Notice of Sate.
<br />Trustee sholl execute and deriver to the purchaser its Deed conveying the Property so sold, but without any convanant or warranty, express, air
<br />implied. The recitals in the Deed of any matters or fcKts sholl be conclusive proof of the truthfulness thereof. Any person, including without
<br />hatitation Trustee, may purdwse of the sale.
<br />tftj;ryVlleo Trustee sells pursuant to the powers herear, Trustee shall apply file proceeds of fire sale to payment. of the costs mad exllpntes fit
<br />r. isirtg l#irr awer of sole and of the safe, including, without limitation, the payment of Trusteef• fees incurred, which I.r-ustee's fees skull not
<br />sr the ogo� te,exceed the followitrg,oraunss based upon the amount secured hereby arrd yeeirtoining unpaid: S percql3unrr, an the bnfance
<br />f+hmm?f;.and fHerr to the items set forth it "porogroph (c) hereof in the order therein stored: ;.`,:
<br />*{r After paying the item *?.ciffed in subparagraph (b), if the sale is by Trustee, or the proper court and. other costs at'.farec:losur.e.nrtd sate
<br />= 1hr2sote is pursuant to pi esai`foreclosure, the proceeds of sole shall be. opp4ee in" the order stated belay to fl;e payme"I of
<br />(1) Cost of any evidence of title procured in connection with such sole and of any revenue required to bei'Glid.• r ,
<br />(2) At fees;
<br />(3) All sums then secured hereby;
<br />(4) Junior trust deeds, mortgages, or other lienholders; and
<br />(S) The remainder, if any, to the pecsisn.or persons legally enfillm) lherd'a'.
<br />If the Beneficiary of 1j1i9 :'96ad p.livnf+,as defined by ftebrosi tfla* (iny'stofement confuinild in any other section of this deerf
<br />rol)xilhstanding, the Berlefieinry shjjl'tioi,6,'ontitfe?d'ttx receive or take and debtor shall not be obligated * O 11 y a1, give; any conf ession of judg-
<br />meat, power of attorney fa conitss ju iOrlent;,powet lot attorney to appear for aborrower in a judicial paaceedillg or agreentertf to poll flip rack
<br />of collection of life attorneys' fees, onles4 suits oils of collection would not of lietwise be ptahibited by Nebraska low. I'tavided, however. 111131
<br />this section does not apply to the Trustee`•fise referred•to in paragraph 6 (b). Provided further, that this paragraph shall not apply to Ibis Deed of
<br />Trust, if the Beneficiary is not tt batik.
<br />.1 ;2. Additional Security Innruments.,1101or, of its-expense, will executetuaddeliver to the upon dernnrld, Sul 11 serwi-
<br />`1y instrumi¢nis.as maybe required b j 06hiffidary, in form and substance solisf aclory to UenellOary, cur ling any of the Property conveyed by
<br />this Deed of I iO, which security instruttltiolt shall be additional security for Trustor's faithful pci ;';a.tt ceof all of lhe.!erurs, covehnults and
<br />conditions of-this Dead.ol Thf:)t, the promissory notes Secured hereby, and any other security in connection wills this trun-
<br />section. Such instrumetils shall be recorded or fifed at f iitstos's expense.
<br />13. Appointment of Suctessor Trustee. Benefieiar-j cloy, from Time to i ion;, by a written instr0:cmr.,1 executed and acknnwtmdiled by
<br />Benef icluryi fs(uiled to Tru ;tor and recorded in the county or countiu -7, in which 11 AP Property is locoted End ir)'� herwise complying Willi
<br />of file uppllcoble laws of the State of Nebraska, substitute a successor or successcrs to the Trustee r:amed herein er cr . ing hereunder.
<br />14. Inspections. Beneficiary, or its agents, repres¢nl dives or workmen, or a authorized to enter of cff- vt:;;onobfe ! irs,X upon or in any put I
<br />of the Property,for the purpose of inspecting the sanio: atilt for the purpose of performing any of the ccss is, ,:uthroiz.0'13 perform under the
<br />fawtrs of the ©eed of Trust•.
<br />15. Opo" to foreclose. Upon the occurrence of any default hereunder, Beneficiory sftcit It/.ut3'rhe optigA to oreclose this Deed of 1 rusl in
<br />the manner provided by taw f or the foreclosure of meytg ages on real p operly, ,H ` ,�
<br />16. Forelowanceby ilatefisiory Not a Waiver. Any forebearantce by Beaefhelm VIis exereisialy,�lsys,�r�F r nlvdy hereundel, or 01111-1 wise
<br />afforded by applicable ic+w, shrull not be a waiver of or preclude the exercise of alny such right cr remedy. likewise, the waiver by Beterrfirioey of
<br />any default of Truster under this Deed of Trust sholl not be deemed to hen waillrh of filly other Cl c;Cllilat dpi411111 s tuhspgfmully (it f nn 11111
<br />17. Truster clot Released. Extension of the One for payment o1 mu tilimt ion fir amor fitoliom of the colas alv fired by thr. he1•41 111 11, ISO
<br />granted by Beneficiory to any successor in interest of Trustor shot) not opet ate to ►elonw, is oily manner, Ilia liubilily of this at iginnl I.,rttat fold
<br />Trustee's successor in interest. Beneficiary shall not be-required to connnence proceedings against such successor or refuse to extend lime fur
<br />payment or olberwise modify aniortizulion of the sums secured by this Deed of Trust by reason of ony demand etude by Itiv al igimfil f r uttur and
<br />lrustor's successor in interest.
<br />18. ielleficiary's Pourers. Without affecting the liubilily of file irwMa; at Lilly other person liable for file payment of (Illy nhh1l11tnr11 111,1,-111
<br />mentioned, end without affecting the lien or charge of this Deed of Trust upon oily portion of the Property not then or theretaforerr-Itra ,,1,•d as
<br />security for the full amount of all unpaid obligations. Beneficiary nhay, from bate to time and without notice, Ii) release any. person so liul►I(o. Iii)
<br />extend the maturity or alter any of the terms of any such obligations, (iii) gt vnl other itIdulgelices, Jill) release (it rnr(Invey, (it crruv In Ira -
<br />released or reconveyed of any tittle at Beneficiary's options ony parcel, par lion or all of file Property, (v) lake or refeosp fifty other of uddiliuuol
<br />security for any obligation herein mentioned. or(vi) make compositions arother arrangements with debtors iif retulion flier eto.
<br />14. Fatvre Adveeets. Upon request of Trustor, Trustee of Trustee's option. prior to reconveyarce of the Property to Trustor, any muse
<br />future advances to Trustor. Such future advances, with interest thereon. sho§l be secured by this Trust Deed wizen evufenced by Ilmlil ssory
<br />notes sluting that said tortes are sectued hereby; provided that cot no lime slialil the secured p•urcipnl, fulutc ctdrrn+c1, s, mA nlct1r.1111a :11!11: na
<br />Lvaried to protect the security, exceed an uggregule prittcipot amount of S_
<br />10. Recatrrerance br Trustee. tlpuo milten request of Oe11etrumy slolay 131111 fill clam tptur1-11 herrhj hfi r b•'rv1, 1 n +.1 (Ina tq,•vf u++, +•u:L
<br />of lhis freed of trust 11rrd Ilia tent• rtt trustee for cancellurion c1.0 tetemlion 11113 u; "m 11:3yn,cvrl hf I11MOr of 111+01•t• •. fvvt h,.uhf• tl1, 11;
<br />reemfvey to Irusfot. or !hr pc•rsr,» or persons fegolty retitled therptn, vnfht,l,1 v.urtwily. foir 1•:•1, lion 1,•f Iltrn 1'1cy11,t 11, than It -l;i tram 1,v Ira flu•
<br />/f!6itUiSiaSU: fete! onrer1,rnCphlfilly rrsul lersorfoilsshollhetn1,r! itrtivpllr4rlplrhfzlttrtflfu : ++ +.�tttheroof 1lfhttiulttor+o "tit
<br />1,�t• "1,•, ,r +.•,', +r',
<br />be destrihed as "Ilse per ;our fi= 11pr ,t•!1,: frgfilir enfilled Ifluelc•"
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