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<br />11. Aceebretfes IMew Do#@*; Raeedesr Safe. Upen default by Trustor in the payment of or performance of the terms and conditions of
<br />the Note, or any renewols, m 6ficotlons or extensions thereof, or the payment of any other indebtedness secured hereby or in the performance
<br />of any of the convonionts or agreements hereunder, Beneficiary may doctor* all sums secured hereby immediately due and payable and the same
<br />"I thereupon become due and payable without presentment, demand, protest or notke of any kind. Thereof ter, Beneficiary may deliver to
<br />trustee a written declaration of defoult and demand for sale. Trustee shall have the power of sale of the Property and if Benertcbary decides the
<br />Property Is to be sold it shah deposit with Trustee this Deed of Trust and the Note or notes and any other documents evidencing expenditures
<br />secured hereby, and shall deliver to Trustee a written notice of default and election to cause the Property to be sold, and Trustee, in turn, shall
<br />prepare a similar notice in the form required by low which shall be duty filed for record by Trustee,
<br />(a) After the kipse of such time as may be required by low following the recordation of Notice of Default, and Notice of Default and Notice of
<br />We having been given as required by low, Trustee, without demand on Trustor, shall sell the Property in one or more parcels and in such order
<br />as Trustor may determine on the date and of the time and place designated in said Notice of Sale. at public auction to the highest bidder, the pur-
<br />chase price payable in cash in lawful money of the United States of the time of sole. The person conducting the sale may, for any cause he or she
<br />deenes expedient, postpone the sole from time to time until it shall be completed ad, in every such cost, notice of postponement shall be given
<br />by p k%. c declaration thereof by such person at the time and place lost appointed for the sale: provided, if the sale is postponed for longer than
<br />one (1) day beyond the day designated in the Notice of Sole, notice thereof shall be given in the same manner as the original Notice of Sole.
<br />Trustee shall execute and deliver to the purchaser its Deed conveying The Property so sold, but without any convenant or warranty, express, or
<br />implied. The recitals in the Deed of any matters or facts shall be conclusive proof of the truthfulness thereof. Any person, including without
<br />limitation Trustee, may purchase at the sale.
<br />(b). When Trustee sells pursuant to ft powers heitin. Trustee shall apply the proceeds of the sale to payment of the costs and expenses of
<br />exercising the pow of sole and of the sole, inclong, without limitation., the payment of Trustee's Fees incurred, which Trustee's Fees shall not
<br />p
<br />in the aggregate exceed the following amotAts based uon the wr*v tf secured hereby and retry Cn,-. g; unpaid: 5 percentum on. the balance
<br />thereof; and then to the items set forth in subparggroph (c 1. hereof in Ore girder therein stated.
<br />(cf. After paying the items specified in subpaagraph f.4i, �.f the sale isby Trustee, or the proper cdoit and other casts of foreclosure and We
<br />if fhe,sole is pursuant to judicial foreclosure, the proceed, of safe shoi1 be applied in the order stated below to the payment of:
<br />(1) Cost of any evidence of title procured- in connection with such sde and of any revenue ri% *-ed to be paid;
<br />(?) Attorneys fees:
<br />(3) All sums then securedf*rehy:
<br />(4) Junior trust deeds, rtmrty"s, or ether lienholders; and
<br />(5) The remainder, if any, to the persertor persons legally entitled thereto.
<br />(d) If the Beneficiary of this Deed of Trust is a bank as defined by Nebraska low, any statement contained in any other section of this deed
<br />notwithstanding, the Beneficiary shall not be entitled to receive or take and debtor shall not be obligated to pay or give: any confession of judg•
<br />ment, power of attorney to confess judgment, power of attorney to appear for a borrower in a judicial proceeding or agreement to pay the costs
<br />0 ca!'- -.4tt,S of fl* attcr- o foci. unbars siinfi vuta of iSltwari;or. i ouIsIV a. at of he- a_ r.• 1 • •,- a_ --,.- a_ .. n__ �_� �. ,
<br />►� ICt �Mi�C t/C �rt�ttibitQtF by Yom uMU lum. Provided, t,mwtv&► 40i
<br />this section does not apply to the Trustee fee referred to in paragraph 6 (b). Provided further, that this paragraph shall not apply to this Deed of
<br />Trust, if the Beneficiary is not o bunk.
<br />1 2. ANills - Sec"y lestrveovab. Trustor, at its expense, will execute and deliver to the Beneficiary, promptly upon demand, such securi-
<br />ty instruments as may be required by Beneficiary, inform and substance satisfactory to Beneficiary, covering any of the Property conveyed by
<br />this Deed of Trust, which security instruments shall be additional security for Truster's faithful performance of all of the terms, covenants and
<br />conditions of this Deed of Trust, the prarrissary notes secured hereby. and any other security instruments executed in connection with this tran-
<br />saction. Such instruments shall be ceccrdet. or IF ifed at Trrtstor's expense.
<br />13. Appeinfweef of Swecessw T:roitien, Beneficiary may, from time to time, by a written instrument executed and acknowledged by
<br />Beneficiary, mailed to Trustor mad recor"` i the county or counties in which the Property is located and by otherwise complying with the provi-
<br />sions of the applicable laws of the Stott 'if Nebrosko, substitute a successor or successors to-the Trustee manned herein or acting hereunder.
<br />14. Inspedleas. Beneficiary, or its agents, representatives or workmen, are oufhorized to enter of ii�es ble time upon or in ony part
<br />of the Property for the purpose of inspecting the some and for the purpose of perfa1,y mg any of f is ad hroi:ed to perform under the
<br />terms of the Deed of Trust. rt +?/lftMI40 40 ..
<br />15. Option to Foreclose. Upon the occw.ccence of any default hereunder, Benefici sli0ltaos1twoption to foreclose this Deed of Trust in
<br />the manner provided by tow for the foreclosure of mortgages on real property.
<br />16. For to by ieeefiiciwy Not a Waiver. Any forebearance by Beneftuartr irr exercising any right or remedy hereunder, or otherwise
<br />afforded by applicable low. shall not be o waiver of or preclude the exercise of ucry-such right or remedy. likewise, the waiver by Seneficioryoll .
<br />any default of Trustor under this Deed of Trust shall not be deemed to be a waiver of any other or similar defaults subsequently occurring.'
<br />17. Trader Met Roktesd. Extension of the time for payment or.mc;l fication or amortization of the sums secured by this Deed of Truest
<br />granted by Beneficiary to any successor in interest of Trustor shall not operate to release, in any manner, the liability of the original Trustor.and
<br />Truster's successor in interest. Beneficiary shall not be required to commence proceedings against such successor or refuse to extend time -for
<br />payment or otherwise modify amortization of the sums secured by this treed of Trust by reason of any demand made by the original Trustor and
<br />T►ustor's successor in interest
<br />18. •esellkiesy's Powers, Without affecting the liability of the Traitor or any other person liable for the payment of any obligation herein
<br />mentioned. and without affecting the lien or charge of this Deed of 1"ru5t upon any portion of the Property not then or theretofore released as
<br />security for the .f61) amount of oil unpaid obligations, Beneficiary may from time to time and without notice, (i) release any person so liable, (ii)
<br />extend the marGwity or.al'rpr. ony of the terms of any such obligat+oni, (iii) grant other indulgences, fiv) release or reconvey, or cause to be
<br />released or rKr;nxeyed o.r'ony time of Beneficiary's options any parcel, portion or all of the Property, (v) take or release any other or additional
<br />security for 6rralVigctioo,herein mentioned, or (vi) make compositions at other arrangements with debtors in relation thereto.
<br />19. Meret}ftretace =„ tlper► request of Trustor, Trustee at Trustee's option, prior to reconveyance of the Property to Trustor, may make
<br />ruture advances tp Trustoo, Soch future advances, with interest thereon, shall be secured by this Trust Deed when evidenced by promissory
<br />`' notes stating tho 6ath'rraies ore secured hereby: provided that of no time shall the secured principal, future advances. not including sums ad-
<br />vanced toprot,ect the security, exceed on aggregate principal amount of S
<br />L, 70. Ret:errrsywrce by Tastes. Upon written request of Beneficiary stating that all sums secured hereby have been paid and upon surrender
<br />of this Deed of trust and the Note to Trustee fair cancellation and retention and upon payment by Trustor of Trustor s fees Trustee shall
<br />reconvey to Trustor. or the person or persons legally entitled thereto, without warranty. any portion of the Proper ty then held hereunder the
<br />recitals in such rntonveynttfe of any matters or fads shall be corx.lusive proof of the ttuthhdness thereof The grnnrer• ut fifty reronveynnre mtty
<br />rte described as the person ur pettons logaity ettlitied thereto
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