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<br />89 102004
<br />6 EawMnei Densities. Lender is hereby assigned all compensation. awards. damages and other payments or relief thereinafter `Praceedslln connection vnth
<br />Cof, ftmnaflonotolhertakahgoitheP toponyofp&fltnersot, or for conveyance in lieu otcondomnation Lender Shall be entitled at its option toccommence. appear maid
<br />pras&clule an Its own nerve any action or proceedings. and&hall also be Startled to make any compromise or settlement in CotinaCtlon with Such LalanQ of damage tri the
<br />event any portion of the Property is so taken or damaged, Lender Mail have the option. In its sofa and absolute discretion. to apply all Such Practeds. after deducting
<br />therefrom all costsand expenses incurred by at in connection with such proceeds. upon any indebtedness secured hereby and in such order as. Lendermay determine. or to
<br />apply all such Protteds. altar such deduchbns, to the restoration of the Property upon such conditions as Lender may determine Any apptaahun of Proceeds to
<br />Indebtednasa shall not extend or postpone the due dale of any payments under the Note, at cure any Cefaull thereunder or hereunder
<br />Y. IRafiaines"ee by Leader. to the event of Barrower's }atlu veto perform any of the covenants herein or make any payments requ trod hereby. or at any act is Laken or
<br />istio proceeding commenced which spatertittlyallIvellis Lender's intersiostionthelsarcapefty Lander may in its own dascrehon, but wrtnoul obligation todoso. and without notice
<br />to or demand upon Borrower and witnout releasing Borrower from any obligation, do any act which the Borrower has agreed but faits to do and mayll so do any other act it
<br />deSma necessary to protect the security hereof Borrowershalt. immediately upon demand therefor by Lender, pay to Lenaa- ant costs and expenses incurred and sums
<br />expended by Landef in caonaetlonvrath theexercise by lender at the foregoing rtgtis. together wdh interest thereon at theKata p,o faded In the Nola_ which strait be added to
<br />the indebtedness "cured hereby. Lander shall not incur any personal Lability because of anything it may door ct^u't .t 94 tiereunder
<br />in Ewelfa of 9e1u1N. The following sSt .constrlulean event of default under this Dealt at Trust:
<br />(a) . Failure to pay aster rlrltAtlmE a:.gt princiga) or interest or any other Stairs secured hereby what t4ua :max taint 1a:upay when due any Other frtdebledness of
<br />BoMsaof to Lends:
<br />(+o) A t]mu&t v". v,.cWjatt urger any psaws'an contained in the Note, this Deed of Trust, any document which secures the Note. and any other
<br />a?1h.;,nibrance upon the Proper-, . .
<br />(C) AwrnofaxecutiDoor, gltaahmentoranysimilarproces5shallbeenteredagainstMassowerwhi chshallbecomealienanihePropertyoranyportion
<br />411rmf at interest therein;
<br />(d) Thus shall be filed by or against Borrower an action under any present or future federal. state or other statute. taw or regulation relating to
<br />t *nkruptcy, rn3.ofvMtyor other antiet for debtors, of there shall beappointed any trustee. receiver or hgmdator o} 8orraNer or of sit or ?rsy pan of the Property, or
<br />lfSejitans ,tsS:retitr "Lprofits thereof, or Borrower shall make any geiiaiat assignmem for the benefit of creditors
<br />.(q) "Tii)a tsaTb. transfer. assignment, conveyance or turth8r anctimbranca e! ail or any part o1 or any If1Te7est m }tie Property. either uatmriafdy of
<br />}nv6tuilfinly.'wittrartsInc expre;W tv;dten consent oVender
<br />(1) 11 Borrower is not ar iod4idual, the sate. transfer. assignment conveyance or encurninfance of more than _ t 'TCE?it Ot ictavdrpoo- atoh)its
<br />Issued and outslarea;pg stock bc;dii a partnefsttpll.: ---percent of parinersh.c+pterests
<br />AKolez" Upom 0efaulf. In the esah ti ?any Event of Default Lender. may Ce: tali: a!: indebtedness secured hereby to bediti ri$ p8y io :and the
<br />' Sam awllhersupcinbecome�ltuaandpayabtewithout any 7r <3sentment. demand. protest or netic'actrdRy kind Thereafter lender may.
<br />(s) Demand tbs: Ttra--eiiiAvercase line POWER OF SALE granted herein. ands Triuslec, shall zfhareafter cause Borrower's intareikarithe Propffilyto be sold
<br />and the proceeds to be'Ai4T tbi,f2d. all in the manner provided to the Nebraska Trust Deeds Act.
<br />(b) Either in person or by agent, walk or without banning any action or proceeding "in.t+j a receiver appointed by a court and without regard to the
<br />adequacy of its securely. enter upon and take possession of l vie Properly. or any part thereat, in its own name or in the name of the T rustee, and do any acts winch
<br />it deems necessary a! desirable to preserve the value marketability or rentabddy of the Property. at part Mescai or interest therein increasa trio income -
<br />therefrom orprotect the security hei of and. wuh or without lak ing possession of the Property site tot or Otherwise collect the rents. issues and p(Z•hts 1111er80f, _
<br />inefuding those past clue and unpaid. and apply the same less costs and an pensesof operation and collection inc ludmgattorneys 'fees. upon anyindobt8cinasg
<br />'s atured hereby. all m such orderas Lender Mydetermine The entering upon and taking pos5ayranof the Property
<br />- IheeolteclaDn :olsu :�'re>tta,issuas3gq
<br />i { iOitsandtheapplicat ionthereof7satoresaio. shall notcurearwaiveanyaelawlornoticeofaafa' ilhereundetormvatida }easy acf•c3ontfrn78spanselosuGh'
<br />default or pursuant to such noMV of default and notwdnstanaing the continuance an passeSS ;ar.. at the Property or tine collection, rfacaip kind aipphcaban Of
<br />• rents. Issues or profits. Trustee or lender lnatlbe ehbTA3d tatexerciseevety right provijeOht tcany of the Loan tnslrtimentsor by)awr Upon a2Cairance of any
<br />event of default. including the sight toexerc isethepuwerussate and
<br />(c) Commence an action to forec tole flits Deed of Trust as a mortgage ;appoint a tecener. or specifically enforce any of the covenants hereof, .
<br />No nernedy."ahein contorted upon or teseivea to Trustee at I ende or is iratenjec to be eat I us: ve of any olner temetJ V herein of by law provided 0: per orrotled . buteaCh shall be _�•��-�'.! -
<br />eumulattvaahall be in addition to every other remedy given hereunder or now or hereafter eaishgg at lave or in equ+ay or by statute and mad tie eielciSed concurrently.
<br />Independenily of successively t ...
<br />10 Tn iMiee. The Tfa:s!ee may resign at any time washout cause and Lender relay at any time an7 wtirtoul cause appoutl a successor or substAute Trustee Trustee
<br />shad not be liable tot any lass -ar damage unless due to actionable negligence or wmhd misconduct ar.9 snit❑ t,ut be acquited to take any action in connection with the _
<br />enforcement of this Dee& a: Trust unless indemnified in writing tat air costs. compensation of a ■pct•yes wtur,h may tie assuuated therewith lnaddibon. Trustee may
<br />become a purchaser atarsp19reat the Properfyfi v( 11Cfat tor unrer trap pnwer ins saingrantt •nalerf•m) pis+p LElt, soli{ aul Aft t .,- fllyputlloleafthe,propefly asprnvlrlPdbylaw,
<br />or self the Propertx as mote. or in separasa,.parcets or lots ': t
<br />11 Atlllaf Aglow irm- Upon reques1d,`19afrotiver tender may et ils option maa.e additional an:f l..'llu7r: atltdnces and readtances tb Q.7lrowel Such advances and . f'
<br />readvancitS. wr7t i 'e3CCfietLeJn, Shall b#:;e .Lied by this Deed (it Trust At no Ionic snail late principal dnr;,{ :r,t all the indebtedness secuteb.rbs a,s Deedd17ru51. not in-
<br />cludmgsums < tr- VICtec the secur .!yof this Deedo}Trust exceed file original purcl;ut..tmoum;,tatedherein at$ — 80,OOGW20 . wt <t :cneveris ,_-
<br />greeter
<br />12 •j111WORaneousprov}slans.
<br />( &) Borrower Not ReloWeit. E■tension of the time for ay!ritan} or mOdi tic alion at am _' -1. o f t he sums Svc tit laF isms Deed of Dust granlex lbat
<br />lender to any successor In In ^ :' :J' of 8onower snit]' not opera le f0 release in any niatmea IhC Lifr :Pf/ Ot the Unguldl Borrower tied ij0lfawerS Suece SSOiS •t'
<br />interest Lender stall not beieq. t,r edtocornmenceproceedmgsagainstsuchsuccessorurrerusmuteat tendbmefotpaymentofo therwisemodifyamortization
<br />of the Sums Secured by this Deed Of Tao51 by tedsun of any, demands made by the oaigrnal Boltctwel dnd Borrower s successors in anIM511
<br />(b) Lendre'sPOW&t1. alfec sing the liability of any other person i,able for the pa 4merl of any ortil.qdlion hervin mentioned and without affecting
<br />re lien orchargeof this Aced cu•+ t:.,sl upon any portion of the Property not then 1 r theretulur :• n;vlh,,. f as security for tire rant anwunt olall unpaid obligations.
<br />lie tide t may. fromlimetoI,n',Bita.mth lutnotice (.{releaseanypetsonsotable I„ rexfa•: rrl7: rc+ 1. SR, fdytnallet any ul Inv jermsof,tnysuch obligations. tin)
<br />Irant at her indulgences . z urcause tube reledseduarecuuveyed: 7+ ti Y port iunora11u1IneProperty.
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<br />take or release art y other ora ;}(tonal sec unly for ally ouhyallonftefenunent, cned urt' tyrt: n..! cutnpuwt wnsW (After arrangernenlswdh debtors infeldhon y l
<br />thereto
<br />(a) Forlesrafl0eby Lift sal %Bola Waiver. Any forbearance by Lender me xelciso ng any right or remedy hereunder or utr.err++se afforded by applicable
<br />fa+r. Shall not best waiver of atl:f ecaudn the exefca5euf an, such tigntorremedy ThoprOCurementotmsurenceorteepayrner .fufrt :re9urolharhergorcharge3
<br />Cy;' Lender shall not be a waiver ;t Lender s fight to accelerata ire rrtatur,ty of trio indebtedness sc•LUred by inis [Teed of Trust
<br />(d) SiseOessfBs and Assigns Bound; Joint anti Several Liability: Captions. Tha co,enar•;s and agreements herein hand and the rights
<br />heriirnder shall mute la. the respec live suceesso is air assigns of L endea and Borrower sub;CC2 to ilia pro vlsiafiS Ul patdgrdph8 (e)hefeuf AI)covenaniSand
<br />agrtimenisol8orfowet Shall belOtntantlSeveral ThecaptionsandheadingsofMepa ragraphsc. lthi sheedutTrustarclo tco:uernenceorllyandseenottobe
<br />used to Illfarprel UI dellfie Ike pl UY.t,v, :a t.u.r.0
<br />{1� (e) Itegwel for Nd•1)eee. The patties hereby request that acapy of orry r+obcdbf default hereunder an d atop y of any n at,ce of sate nreu older be matted to
<br />each party to thisDeedofTrustattheaddrelssetforthabovein themannerprescnbedbyappltcablelaw Excapt for any other n obee acquired under applicable
<br />Idle torte given to another manner. any notice provided tot in this Deed of Trust Shen be (liven by rnad+ng such notice by cemhed mat t addressed to the other
<br />:Brit; is at the address sat forth above
<br />k11y .V- ct-00vided tot an Itt+s Deed of Trust shall be doer ned to Mara been given to Borfo:,et or Lepder when given m Ire manner designated herein
<br />(1) InGWIlloll. Lender may make or cause to be made reasonable entries upon and inspec t,cns of the Proper IV. plot toed trial l ender shalt give Borrower
<br />• notice prior to any such inspection Specifying reasonable cause therefor related to lender s intetest in Ina Property
<br />(g) Recsnwyanee. Upon payment otadsums secured byth rsDeeJofTrust tenderft-. allrequcs1Trusteetoreconveym eePropertyandshallsurrender
<br />ihisbeedofTrustandsitnotesevideneingmdebtednesssecuredbyth isDeedoftrusttoTf tifee trustee shalt reconvey the Propoary witfiout warranty and
<br />without chargato the person or persons legally entitled lftereto Such perst.n or persons shall pay ant costs of recordation if any.
<br />(n) 10fIMHFyislifly.g/cWflyAB lent} artlAs additional securdy fat the payment of trio Mole all tixlures equipment andother personal property used �-`- - - -
<br />__. -- o -r Gfn2f.ECtt:r :-b,r}itru' ••. �.r••�realp•flvt7t•...�! ^_...Pd! an nC!C. -- I::..d dcc!ared 4; to be a parr of the foal n_tatn._ .cdlle•eb� shallbe -
<br />sub: rct tug riecuniyinlerest infatioroflhe Lenderunderthe Nebraska uniform Commercial Coca Thi sinstrum9ntsn atibecanstiue0ais!iecuniy Agfeemerd
<br />under said Code. Andlhe Lender shall have &little rights anotemedies of o secured party under Said Code in addition to the rights anti remedies created under
<br />and accorded the tender pursuant to Ihts Died! of Trust
<br />fin Fieesraiaiii }}intneara'tltlfNitt.lptu.n,v+. viii ,- 3:,e3fis:,fir.,,fe:a.-.s :.is 1. s. t: t v (,y:.[e:.= +. :ubbtatL.�.G:.lsres ;�.: s:: s :.t;,„ ^.er":s:- c :r..orces.^le ..^.
<br />confi ;ct or mva;idaly shall not affect the air ;er provd,o,,s of mis Deed of Tit,-,j or she lJ., :e oturIt t. an be given effect witnuut ltto Canli•c t my prci.istun anti t4 this
<br />end IM ptaws:ons of file Deed of Trust and Me Note ate declated to be severable
<br />MIT
<br />ear rawer has executed this Deed of Trust the date wrafter, above
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