|
102101
<br />' ��u�mna�mwv"�wwom��uw�
<br />wn ^^~~~'~ not a'^~~'~~—' the Issuance. ---transfer, --~���e ' total of percent Of
<br />of percent of (if a corporation) Its issued and outstanding stock or Of a partnersNp) a partnership interests during the period this Deed of Trust remains a lien on the Property.
<br />12. Remedlifts; Acceleration Upon Default. in the event of any Event of Default Lender may. without notice except as required by
<br />law. declare all indebtedness secured hereby to be due and payable and the same uhall thereupon become due and payabile
<br />~ without ~any presentment demand, ----- notice — any kind. Thereafter Lender
<br />A$ Demand that Trustee exercise the rvwu, Or SALE ea= herein. and Trustee shall thereafter causwTmmtoen
<br />/
<br />inte, est in the Property to be sold and the proceeds to be distributed. all in the manner provided In the Nebraska Trust Deeds
<br />Act
<br />(u) Exercise any and all rights p,nwmou for m any nf !he Loan instruments p,by law upon occurrence o, any svonio,
<br />Default and
<br />(r) Commence ansoovnm foreclose this Deed v, Trust oss mortgage, appoint a receiver, p,upecm:uxv enforce any v,the
<br />covenants hereof.
<br />wo remedy herein conferred upon o, reserved toTrustee o, Lender in intended tnue exclusive o/ any other remedy herein. mthe
<br />Loan Instruments nr by law provided or permitted, but each shall be cumulative, shall be in addition to every other remedy given
<br />.
<br />hereunder. m the Loan /,-,'romonmn, now v, hereafter existing at law n,m equity v,uv statute. and may uo exercised concurrently.
<br />/nuonnmuwn:vo'successively.
<br />1-3 nvptee. The Trustee may resign o � any time wnnomcau^e .
<br />and Lender may u: any time and without cause appoint
<br />successor o,suum/mm Trustee. r,:,me shall not ue liable many party. including without limitation Lender, Borrower. Trustor or any
<br />purch3ser of the Property, for any loss or damage unless due to reckless or willful misconduct. and shall not be required to take any
<br />action in vonovcwon with the enforcement of this oeou of Trust unless muomnx;ou. in writing, for all costs. compensation or
<br />expenses which may be associated 1herewith. In addition, Trustee may become a purchaser at any sale of the Property oudicial or
<br />under the power.of safe granted herein): postpone the sale of all or any portion of the Prop". as provided by law; or sell the
<br />Property uya whole, a,/n separate parcels o' lots ax Trustee's discretion.
<br />1* Fees and svven,e*m the event Trustee sells the Property uvex,c/ n*o / power of sale. Trustee shall uventitled
<br />to apply
<br />any sale proceeds first to payment of all costs and o"nenmsv,eve,msmn power o/sale, including all Trustee's fees. and Lender's
<br />and Trustee's attorney's fees, actually incurred tv extent rv,n/«oou' applicable law. m the event Borrower u,rmsm, exercises any
<br />right provided b' law to cure un Event v/Default Lender shall uo entitled to recover from rmmu,an costs acu expenses actually
<br />mou,,00 as u result o/Tmsto,'v uo/uu/t, mcuumo without limitation all Trustee's and attorney's fees, m mn extent ve,m'nou by
<br />m
<br />aPpo ca � �a a*' Advances. unmn request of go,mwe�Leno=,may.at/�vvoon.muxeoumoono/a"u mm,oammpceaand ='
<br />ou"u--o�---,,owe, Such advances and ,eauvancom.wimm�,n,tmomon.xx;nuoemv�duvm/s Deed o(T,vs�mnoomasxan
<br />mon'�—'�—/-- amount '/ the indebtedness secured »y this Deed v/ Trust not including sums advanced to protect the security v/this
<br />ceoo of Tr"s* exceed the original principal amount stated »em;n.m whichever /xoea�r.
<br />16. Miscellaneous ''»«w'«^*
<br />(a) Borrower Not Released. Extension o/m°umv/o,nuvmonto,mor-'mvuxonb/umumzaovnu/mo,umsxoou'muuvm/»
<br />Deed wTrust granted »v Lender m any successor in mmmxmnvnowero^o/nmopemtemmleano_ iounymannpr,m*|/amxty
<br />of the original Borrower and Borrower's successors in interest. Lendershall not be required to commence proceedings against
<br />such successor or refuse to extend time for payment or otherwise modify amortization of the sums secured '.3y this Deed of Trust
<br />by ,ouxon v/ any demands muuo uv the original Borrower and Borrower's successors m interest
<br />(W Lender's pv~o,w. Without affecting the oammv of any omo, po,aoo liable for the payment o/ any obligation ov,cin
<br />mentioned, and wimuvta�congmo|io,o,cxmnoo/miy Deed o/T,um upon any pnmonoxmoPmpor� not munv,mommm,e
<br />'c/ea�dv'nocu,/�wrmo/uoamovn'n'u:vn»auouxnunon� Lender may, vomumomomo and wimvutn000p(i) m/eawyany
<br />person oo~</Voxmnumnmom,/�o,o/�, any orme terms o/ any such om/ouoono.(iiV grant omu,muv|oencn�</�,e|oaue
<br />liable, c^uoo�ouem/eaeuo,~evvn�youauunvnmeutu:nue,'nopnonanvpu,co/.pvmnnn,aommopm»o��
<br />»'r»c�»"'v'or / or additional �cvn�w,any �m.»anvn herein mentioned. or (vi) nmxo compositions v, mho.
<br />��o ym e
<br />o,,ongomenlu with debtors m relation thereto.
<br />(c) Forbearance by L'"ue, Not u Waiver. Any forbearance u a LL,`«o,in exercising any right o, remedy hereunder, »'
<br />omom"/oouov,«o« by applicable law, shall not be »m/w' o/ or preciude it ^xo/c�zw of any ouch right or remedy. The
<br />procurement o/ insurance o, the payment n/ taxes o,omp,00noo, charges ny Lender shall not ueo waiver m Lender's right m
<br />accelerate the ma/um/o/mo indebtedness secured uy this Deed n|Trust.
<br />(u) Successors p,^^amgnsovunu; Joint and Several Liability; Captions. The covenants and agreements herein con-
<br />tained sxuo bind, and tx~ rights xnmunoe, s000 inure to, mo m,neoovoou00000nanuos�nnso/ Lender and T,v,m,.m/
<br />covenunm and agreements mnuuo, shall ueiomtand several. The captions and headings o/ the paragraphs o/ this Deed o/
<br />rm,t are for convon/m'oc �:/� and omnot muou�dwinm,pmto, define mecmvo/onxxpew�
<br />(� Request m,w*ocro.rhopames hereby request mutv copy o/ any nooneo/o�^vx hereunder and a copy v/ any nonco .
<br />of »u|n xo/yunuo, be ma//oo to each v�?Iriy to this Deed n/ Trust et the address set forth oonvo in the manner prescribed by _
<br />applicable law. Except for any other irwice required under applic3ble law to be given in another manner. any notice p,o,mou
<br />for m this o^``of Trust shall ue given u' mailing such notice uv certified mail addressed to the other parties, at the address set
<br />forth uuvvevnnncopmvmouw,inm/s Deed o/r,vuoouomeemmove upon mamnnmme manner uos/onamgwo,om.x
<br />r,uuo,.s�",° than one po,,on noocosent mmo address set moxabove sxoouon000pwux such persons.
<br />(o m,nvum" Lvnxo. may �vkon. cause w»o made ,00svnumoentries upon and msnocovnomm*p,ono^v.v,o.mou
<br />/hv, Lender shall �*ormmo,n000e
<br />-`
<br />n,/o'�uunvxucn msnoouon �pecxv/vo ,eosonxmeouusomwmm,nv/amuw ��ouv,�a
<br />mte'<«»t in the r,«perty.
<br />o) ne*onmyanc*' Upon payment o/ all sums secured uy this Deed o/ Trust. w"uo,sxao request Trustee m'«c»»"*v'he
<br />Property and shall surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed of Trust to Trustee.
<br />Trustee shall ,oconvv/ the Property * xx nu � ~u,,an � anuwn»ov^zxo,nommep«,nono,po,xur,|o«a:vnnonegm*'et«.
<br />rmuo, shall pay all costs orecordation, if any.
<br />t�sugmoonu/vocu,i�/o,m*puv�nn�v(mowomT,u � U'a»�
<br /><� po��::�r�:pony�*ecum��o�rmv"' . __ __'
<br />Lender under the Nebraska Uniform Commercial Code a security interest ma;/ fixtures, equipment, and other personal pmporty
<br />used in connect;on with the real estate or improvements located thereon, and not otherwise declared or deemed to be a nart of
<br />the real estate secured hereby. This instrument shall be construed as a Security Agreement under said Code, and the Lender
<br />shall have all the rights and remedies of a secured party under faid Code in addition to the ;ighti a;.,i remedies created under
<br />and accorded the Lender pursuant m this Deed o| Trust; provided that Lender's rights and remedies under this paragraph shall
<br />.
<br />be cumulative with, and in no way a limitation on, Lender's rights and remedies under any other security agreement siqned by
<br />Borrower o,Truow, \
<br />i (o Liens and Encumbrances. nuomrxoreuvwarranuunorepmoenumutmo,e/unououuxunuo,mopmasivn,rillanv /
<br />�
<br />mortgage. deed o//us� lease o,nu�xam,conouxtuez�mnnunn,�von�n/mnpmnorw.o,omo,conoac�mvtmmonto,
<br />ao�mmontmnomu'noo lien o, encumbrance against all o, any part w the Property (co/ uons), existing aoo/o,o /
<br />date w this Deed —~rm*xnu that onvand �/ existing Liens remain unmodified except a,mxcmmumu:nu�,.n nvmwr,
<br />written m,owmm-/ liens and oncumumnc,o provided m, herein. nuua,soun timely vo,(p,m all n/T,u,m,00uuoauons.
<br />covenants. repre-,;entations and warranties under any and all existing and future Liens, shall promptly forward to Lender copies
<br />o/ all notices m—oon/.noun�om/vn°:m any and o/|ox/,onoo,mm�uen� and shall nmw/mumLenuo'�p"o,wnm,n
<br />default �
<br />consent m any manner modify the provisions u | o, allow any future uovonuonunuu,anyox|oovun,/vmmuono
<br />.
<br />� U> Applicaton of Payments. Unless otherwise required by law, sums paid to Lender hereunder, including without limitation
<br />' nxvmrnt, m principal and mm^°* insurance proceeds, condemnation »r.)c000sand rents and profits. shall be appli6d
<br />|
<br />Lender m the amounts due and owing from Truster and Borrower m such order xs Lender m its sole discretion uovmodesirable.
<br />! (W Svwmrammy If any p,ov/oion of this omeo m Trust cnnmcm*/m avpocawolaw v,muoc/u�d /mmno or otherwise
<br />unonw,:o^mo ouo�cm`m�o,/�m/m shall not mm/, Deed mTmmvrmowmowmcx�moo
<br />(
<br />given onnct*/�houtthe conflicting vrousiv".and to this end the provisions o/ this Deed m Trust and the Note are declared mun
<br />
|