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89102773
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Last modified
10/20/2011 1:40:34 AM
Creation date
10/20/2005 9:36:09 PM
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DEEDS
Inst Number
89102773
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F • 89--y 10,2773 <br />Each of the parties to this Deed of Trust hereby requests that a <br />copy of any Notice of Default and a copy of any Notice of Sale <br />provided for hereinabove be mailed to each such party at his post <br />office address set forth herein. Upon the occurrence of any de- <br />fault hereunder, Beneficiary shall have the option to foreclose <br />this Deed of Trust in the manner provided by law for the foreclo- <br />sure of mortgages on real property. <br />SIXTH: Trustor specifically agrees that (a) Trustor, at <br />its expense, will execute and deliver to Beneficiary, promptly <br />upon request, such security instruments as may be required by <br />Beneficiary, in a form and substance satisfactory to Beneficiary, <br />covering any of the Property conveyed by this Deed of Trust which <br />security instruments shall be additional security for Trustor's <br />faithful performance of all of the terms, covenants and condi- <br />tions of this Deed of Trust, the Note and indebtedness secured <br />hereby, and any other security instruments executed :in connection <br />with. the indebtedness secured by this Deed of Trust'; and all such <br />instruments shall be filed and recorded at•trustor's expense; <br />(b) Beneficiary may, from time to time, by written instrument <br />executed and acknowledged by Beneficiary, mailed to Trustor and <br />recorded in the county or counties in which the Property is lo- <br />cated and b,y' otherwise complying with the provisions of the ap- <br />plicable laws..of the State of Nebraska, substitute a successor or <br />successors to the Trustee named herein or acting hereunder; (c) <br />although the Trustee, or his successor or successors, may be an <br />agent, of, or attorney for, or otherwise connected with the Bene- <br />ficiary, such fact shall not be construed to disqualify him to <br />act as such Trustee, nor shall such fact prevent the Trustee or <br />Beneficiary from bidding at a sale -and buying any part or all of <br />the Property at any sale hereunder; (d) that if it should be <br />necessary or appropriate for the protection of the security <br />hereby conveyed or enforcement of the debt hereby secured, for <br />the trustee or the Beneficiary to institute 'or become a party to <br />any proceeding or suit in a court of bankruptcy or probate or <br />other court of general or limited.jurisdiction, all expenses ;and <br />costs properly incurred by said Trustee or said Beneficiary <br />(including reasonable attorneys' fees) paid or incurred by said <br />Trustee or Beneficiary in maintaining, prosecuting or defending <br />such proceeding or protecting their respective r.igli.ts hereunder <br />shall be an additional debt secured by this Deed of Trust in like <br />manner with the principal debt herein described ;'` (e) E:en.efi- <br />ciary, or its agents, representatives or workmen, are authorized <br />to enter at any reasonable time upon or in any part of the Prop- <br />erty for th #'purpose of inspecting the same and for the purpose <br />of performing-any of the acts it . is: • authorized t:ii -perform under <br />the terms of this Deed of Trust.F f f} any fe.rbe.aranCe, •by Benefi- <br />ciary or Trustee in exercising.. any right n.r i^4m±edjr- hi�:ereunder, or <br />otherwise afforded by applicable law, shall. .ric21 - "be. a waiver of or <br />preclude the exercise of any such might or remi�dy- tisreunder; sim- <br />ilarly, the waiver h Bene Beneficiary' ':qr Trustee of any def4u:lt of <br />Trustor under this Deed af:.-Trust shall not be deemed a �ra•fver of <br />any other or similar defauxts subsegpently occurring; (g) exten- <br />sion of the tire for payment or mad.ification or amortization of <br />the sums secured by this Deed of Trust granted by Beneficiary to <br />any successor in interest of Trustor shall not operate to re- <br />lease, in any manner the liability of the original Trustor and <br />Trustor's successor in interest. Beneficiary shall not be re- <br />quired to commence proceedings against such successor or refuse <br />to extend the time for payment or otherwise modify amortization <br />of the sums and indebtedness secured by this Deed of Trust by <br />reason of any demand made by the original trustor and trustor's <br />successors in interest; (h) without affecting the liability of <br />L the trustor or any other person liable for the payment of the <br />obligations and indebtedness secured by this Deed of Trust, and <br />without affecting the lien or charge of this Deed of Trust upon <br />any portion of the Property not then or theretofore relf,aseci as <br />security for the full amount of all unpaid Obligations, Senf•fi- <br />ciary may, from time to time zinc: with.>u♦ r,e.it i; P (i ) t, lc,lf,, any <br />i, <br />of <br />
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