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�r <br />i <br />L <br />89--li 1 102069 88 --,r. o <br />9. EVEN-S, OF I)EFAITI.T. Any of the follnaing events shall he deemed an ev 4 snt of default hereunder: <br />(a) Trustor shall have failed Tsl make payment of any inst•tllment of interest, principal. or principal and interest orany <br />other sum secured hereby when due: or <br />(b) IMere has occurred a breach taf or default under any term, covenant. a greement,condition, provision, representdtion <br />or warranty contained in any of the [elan Instruments. <br />10 ACCEL.F.KATION UPM DEFAULT. ADI)1TIONAE. REMEDIES. Should an event of default ocew Be- teficiarl. <br />may declare all inclebtness secured hereh }• to be due and payable and the same shall thereupon twrome due and payable <br />without any presentment, demand. protest or notice of any kind. Thereafter Beneficiary may: <br />(i) Either in person tar by agent. with (,r without bringing any action or proceeding, or by a receiverappointed by a oaurt <br />and without regard to the adequacy of its swulrity. enter uplln and take possession of theTrust Estate, or any part thereof, in <br />its own name or in the name of Trustee, and do any acts which it deems necessary or desirableto preserve the value, market. <br />ability or rentability of the Trust Estate. or part thereof or interest therein, increase the income therefrom or protect the <br />security hereof and, with or without tatting possession of the Trust Estate, sue for or otherwise collect the rents. issues and <br />profits thereof, including those past due and unpaid, and apply the same, less costa and expensesofoperation and cYclloction. <br />including attorneys' fees, upon any indebtedness secured hereby, all in such order as Beneficiary may daotmnine. The <br />entering upon and taking possession of the Trust Estate, the collection of such rents. issues and profits and :heapplication <br />thereof as aforesaid, shall not core or waive any default or notice of default hereunder. nr invalidate any act dimain,,mponsle <br />to such defaultorpursuantto such notice ofdefault and, notwithstand' the contftwancein possession oftheT AW.Fatate <br />or the collection, receipt and application of rents, issues or profits, Tt: 4;a or Beneficiary shall be entitled to exerciseevie <br />right provided for in any of the Loan Instruments or by law upon iie:;( lice of any event of default, including the right to <br />exercise the power of sale: <br />( il). Commence an action to foreclose thi3 Deed ofTriidasa mortgage. appoid-a receiver, or specifically eafaree any of <br />the egtienants hereof: <br />elf srr:Detiver to Trusteea written declaration of W,_t,Vt nd demand for sale, and a written,italiee of default and election <br />to cautre Tr[tirtoes interest in the Trust Estate to ire to 1 T`: winich notice Trustee shall cause to be duly filed for record in the <br />appropriate Official Records of the County in which title'" .`t!st Estate is located <br />11. FORECLOSURE 13Y.F..OtVER OF SALE. SI;Yi(t 3 beneficiary elect to foreclose by exercise of the Mver of. Uti <br />herein contained. Beneficiary .-g -nil notify Trustee and tths)- ::- ieposit with Trustee t11ii�E -Deed of Trust and the :Vote and silch <br />receipts and evidence of expeci4�,c`ares made and secures? �ireby as i",:vatz ,Irk_: i!Q} Zre. <br />(a) Upon receipt of such r_cnae from Beneficiary, Trustee shall c� =;i t�: ;14 `ts itt� ;�d, published and delivered to Tiustnf <br />such Notice of Default and tiot ;tie of Sale as then required bylaw and fi. tlria9 4uxi'r! ` irust. Th44xeshalliwithout demand <br />onTrustor , after such time (atir.',i.: then be required bylwvand after recordationi:' .,aunh Notice offlefault and after Noticeof <br />Sa!ebaving been givenasrerl hy lax sell the Trust s: rate at the time and plao -i_e: +ale fixed byitin such NaticeofSale. <br />eitbar as a whole, or in separate lots or parcels or item_c Trustee• shall deem expedit ent and in,s•ach order asit:maydetw% <br />rrine', <. t public auction to the highest bidder for cash in latvful money of the I'nited States payat bnsrLtbe timeofsale. T•uF$ere <br />shall deliver to stin'l, purchaser or purchasers:?!•. ereofivigrlradand sufficient deed ofdeedsconve?T nj tine property so soltl,' but; <br />cM1itLi:�lt ;ice!' ,% •r i�: ;, ct or warranty. express �r The recitals it) such deed of ani matters. r i :boos shall be conclusive <br />petvfr ;FdY.t_ +>=vl? ;f'a(,esythPr:_'. Anyperscr:, - ai "houtlimitation.Truitor,Trustee x Reneficiary. may purchase <br />at x$,11'1. _y 7l- �^ f'�f. tr ;c;:;r ftr-ra�'l <- covenant.-4 to Qv itTa t ; defend the title of Such 1 <br />• rs:�.���•..... -:. sr purchasers. <br />4b1 As may bKrr t-ci by law, after deducting Tr"ust,re Pees in the amount of , Trustee shaft Apply the <br />proceeds of the sab, in the fullowing order, (s) to all reasonable: costs and expenses of the s le.. inAuding, but not limited.1i3, <br />trustee feeo of not more than 112 of 1st:, of the gross {sales price, reasonable attorney's fees and costa of title evidence; (b) to all <br />sums secured by this Decd of Trust: (c) to the payment of junior 'Trust Deeds, mortgages or other lien holders; and (dYthe <br />balance, if any, to the person or pfrsons legally entitled thereto. <br />(c) Trustee may in the manner provided fly lau. posttlrme sale of all or any lwzir ::n r f tlti� Trust Estate: <br />12. REMEDIES NOT EYCLUSI VF.. "1'rusicw and 13enefieian, ruin each u1 them, tin, i) I:a e(Itttled teI enforce paym> nt <br />and performance oftiny indebtedness or obligations secured hereby and to exercise all right_; am1powers under this Wed of <br />Trot +t or under tiny IAlan Instruou -nt or otherakreement ,.ran!; laws+ now or hereafter in force. dntwithstandink some or all <br />of then such indebtedness and obligations secured hereby =ray ni,w or hereafter he othowise secured, whether by mortgage, <br />deed oftrustpledge, lien, ;issigninr'ntrtroth4-twise. Neither th( vtrr(• planceo fthis Deed ofTrust nor its enfurcementwhether <br />by court action or pursuant to the po%ver of sale or other paavers herein contained. shall prei-nitlx: or in any manner affect <br />Trustees orWnef;:i.ul, right to, realiseMoonorenforreanv tit he- rsw uritynos• orh(- reafteria4hibyTrusteeorBeneficiary-, <br />it being agreed thacTrustee,ind Nenei iriarc, and each of theio, shall ht• entitled to enforce tnia t`leed (if Trust and anyotber <br />security now or hereafter heirl i,.,. lien(•firtar} or "Trustee In such order rand maniwra:• the.v nr either of them may in their <br />absolute discretion deterniinr N:-; remedy herein tvmfereed upettl or reservcd tc "1'tlilltee or beneficiary is intended to be <br />exclusiveof any other remedy i ;vrein m bt talc I,rovldol or Ilt'rntim- , hit each sh:eli'h,• rulnulative and shall he in addition <br />to every other renw -dy given hereunder or ni to or hert-aftt•r ex"Ai n{t rat haw or iu equity or by statute. Every power or remedy <br />{, rivenbyanyoftheI .atanlnstrwueot,roTruster•orH wficiat- v, tr• u., tt;, chelthe• rofthemmayh otitherwiseentitled,maybe <br />Pltir.:i$('d, CnnCUt7l'll[1� oT Illdt'p,•lld!'tltl� tr' „111 tiiilt- fee tilde .,till ah, ,roll as way bt• devnieil a %17:''.iil•rll by Trustee or Rene - <br />ficl.-lri -and either oft [seen asst por,ur• in, wit tstvnt r1•rra do +s•. \ot}ur:,; her, ul sh:a!i he oinstrued is prohibiting Beneficiary <br />tr „m '•reking a rleftrie-nry Iudeoo•nt :le[aul -t the Tret•:r, r ii, the evil ❑} -ul'h ;o•tios:.•• perrllitt +l by law <br />HIa11'EST Fa R %I rl'lul. 1"ra,t_a her,;he rtyue,tr- ;t 1 ,,five t am I trtir•r•ohl, f.l.. ' ;and that am noticeof s.rale hereunder <br />he mnili'd to it sit till- ;ulllr. ,. I t 1 "Ifil :n t ill- fir'{ 1'rn' a r.. 11 „t ,I, ., t J. t-1 •,t I ". <br />I.I. (;)MCNItt;lAW Taire.t►,,14ot 411.111 h- oo. erne•,Ib•.•t lit. I:rn <,.t . h,,• State oftiehra:•ka. In the event that <br />any pratvusuul or c hue „•„t •tt.'. ••t the I,, •an ioarnma.r.•, , .of:;rt- nitlr ,I ;q1h`.• Ihl.• i.•t�•... suet umflirts shall nett affcctuther <br />provistons of sut t'1 to ,ao iw.it ❑wt ut, :.Ile it, are i.e 2:ILeo eat,'{ t %:1111r,Ut Ihl• , nlltlictitig, proYi +lull. art(] ter this end the pro - <br />%isionsl of the I.t,.tll Izi,ire,mi.w, ,u, •1• t Let # -,I t„ Ise ,rtl•r.,hle •furs- rn- Irurnt•nt I anm,t Ise Lsai%vd, char --4-11, discharged or <br />terminated orall%. but o111% I.% .1., It7,TI lm I llf ltd V. ritlr.tt .I I Iv, 1 I.y file- Ir:ert% ownirist wh„tn i-tibireetuew of any Watvf -r. <br />, tl ;:lll;e, discharge Ilr tl'rnl1ll1,rP4t 1, ,,, +Il h► <br />I`F. REC(INNT! Aft F; kY I h! .-Z I F:F. I'!,.al .eat e n re yue,t of l :e'ru fit 1,IrL �t,rtlrigIll,etalkinnsso used hereby have <br />I*t -n Itaid. land utn,a .- urro.odi -r I,t flit. Ih +,i orrro,i atttl tt;e 1n2e t:, Tvlttpe fr,r t mie i- Miti,m .and Jr•tentioin and ([pull I,:IV- <br />J nf' niltCTnls .ittrnfl'CG�It't'bft•f'� Iruster,iI:lllrr•laat:eL or. or the per.: it, set eerr„n,-'1, aIlgt•ntitledthereto.withltut <br />warrarity..anv pc•rn,n of theTni-t I• - t,ilr• t fu 11 ildfl iu rounder The tea itak, ut -ut h re -e ,nca•e.(lu'f• of :in% matters[ orf•tettl <br />shall he coneluvive pr..•t of Viv truth'.uines:; tk• rrvf. Tho- ;nelitee rn an : he des( nhed as "the person (or <br />IF, r i:� t�t.t:ll� entilk-.4 th:.. , <br />Ili. XMIC'F`.s. 4fif- nt•ter I:r ncfia r.ln . 'frusttor or Trustee thrall desire tit I,m•o or serve any notice, demand, request or <br />othercommunication i0h re.,o- l t t,• this lire -dr,t !'rase t-al. h s.urii tie aut-(•, tie'T an, 1. regU(.,t • •r otnercotu lit unicattnn shal l he <br />ill wnnngant) L;htalll,e tflt,'l .rev If thee ante I,dt•hcered i,v Irr•r.•+'ra,el.4 ry Ice. ,,.r m silt -.the a er11fierl111:111 Ill Malra•nrr•las,td <br />Jrt�rrs rtstTpi rrdu(•u ai a,;,Ir, �,e 1'• ti., ,rf -lr, . _, t I,,ftir al- lylr.,.t r,t this I h,yi e.t 1•r use. arc p,lriv nt:n' :etthisotne <br />(•hangeitei.u}dr, - .f"r �!I, i, mete+, , LL ,.• It•,, 171114 of t'IdlilUl 2•r'lit -lit, I q•.,rt :a',hetvdn .e =.ft•,Te= .ild. :a IitelllY =otsUl•hI h!altiv- <br />t"i rlt'C1.f °l',5te N I 11 '11, �'f F: F. I'ru,'ta It Ill,[. ri•r- artr-t •.e! ., t.i, 1t „.1 •.t'In.•t e';if% , Xt 'Till (I jitda, kn,•n <br />1,• tt ea. It nuttfa• a t.Ut -i % ,.: •.rot ,a.: I,l +•: sets t hL L, +s <br />IN tif'1 f'wG W i•. t 1! lihltl- 'IF , -f •t ..r: ,ttfi �, ,N fie• .el• •,• tLt,tte :, <br />I1t1 41'P :F. Ir -tt, r,t I r 1.., i l i,;,t Ili( 1-%1 11 Met if hll „tl <br />Il3:11ty .a (. ;,' -.;r to . r' s.a.. eras I.. '.,.•. <br />:L ',11'1' "s - ., =fr• 1. -- .. , ... , <br />�' l•. !:: a �.,. .1:., _..r. •,- ,i...,, : +reel-, +, <br />r <br />All <br />1 <br />