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r <br />90-- 10x239 <br />10. REMEDIES NOT EXCLUSIVE. 7rustee and Beneficiary• and eaah of them, shall be entitled to enforce payment and perlormtince tit any <br />Indebtedness Or 011119411140112 secured hereby and to exercise all rights and power a under this Trust Deed or under any other agreement executed <br />In connection herewith w any laws now or hereafter in fares, notwithstanding some or all of the such indebledne is and obligations Snotood <br />hereby may now of herul:er be otherwise secured, whether by mortgage, trust deed. pledge. Ilan, assignment of otherwise Neither the <br />acCejllance Ot INS Tlusl D60dnor Its enforcement whether by court action or pursuant to the power of sate or other powers herein contained, shall <br />prejudice or in any manner affect Trustee's or Beneficiary a right to isaUzs upon or enforce any other savorily now or hereafter hold by Tf uslso or <br />Beneficiary, It being agreed that Trustee and Beneliclafy, and each of them, shall be entitled to onforce this Trust Dood and any olhor sec only now <br />or hereafter held by Beneficiary or Trustee in such orgat and manner as they or either of them may in their absolute discretion deter (nine No <br />remedy herein conferred upon or reserved to Trustee or Beneficiary is Intended to be exclusive of any other remedy harem or by law provided or <br />parrs , 11-11 1, - 1 211" curstylpilveatlnd shall be in addition to every other remedy given hereunder or now at hereafter existing at low or in <br />e4uMy atelu))g Rcw910imp,dy provided under this Trust Deed to Trustee or Beneficiary or to which either of them may be otherwise <br />ertti�ed,. j)tor independently, from lime to lime and as ulten as may bedsemed expedient by Trustee or Beneficiary <br />a 111100ssrMwsnalOent remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a deliciami; <br />ludgmerst agaugl the Trustor to' ohs extent such action is permitted by law. <br />11. TRANSFER OF Thal NWERTIh ASSUMPTION. 11 all or any part of the Properly or intereat therein is sold, iransferroO at otherwise <br />conveyed by Trusser wdhMA Sanaflciary's prior written consent, excluding (a) the creation of a lion or encumbrance subordinate to flits Trust <br />OW. jb)a transfer byopoilie e( AlawuponthedeathofaTrustorwifeis• jointtenantOrl ei thegrantoranyleaseholdinteres tofthree(3)yearsa <br />less which does not contrition aria option to purchase, such action is a brfaCh of Ibis ag/eemeM and Beneficiary may, at Beneficiary a Option <br />de4ytir+' t/ allthesumssecuredbit tfwTrustDeadtobeimmedgAotydueandpayabne pr ovtded. further. this TrusiDeed may. al8ensficiary'soplion <br />lbv Om:`lared Immediately due and payable, tf IT ► Trustor its ,n ,%arinership and any tnhert?•st ,n the partiwishtp is xatJ or assigned by any means <br />whalsoever, or (2) d the Trustor to a corporagai and a 11ortWor of the majority stock ow,'* a,411•p - 11arosf in the corporation occurs. or the Trustar <br />Corporation marges in any form with another corporation or entity Beneficiary shall+�a +v ra *V111 sa h option to accelerate it. prior to the sale. <br />transferor conveyance. Beneficiary and the person to whom tha Property is to be sold u• ttenstalrea teach agreement in wining that the credit of <br />suchpersanlsSatisfactory toBeneficiaryandthattheinterestpayableotthesumsset -4tWbythis Trust Deed shall be slouch tale as8ensficrairy <br />shall request. <br />12. ACCELERATiON UPON DEFAULT; REMEDIES; SALE. The failure by the Trustor, to make any payment ti r roperlorm any of the tertian atw <br />conditions of this Trust Dood, or the terms and conditions olthe Note• or any renewals. modificationsor extenstons thereof. of thefarlurer lomake <br />payment of any other indebtedness. prior or subsequent to this Trust Deed and secured by thisprliTwtpy .W!w.wea .afpneof roofs <br />be a breach and default of this Trust Deed and the Beneficiary may declare a default and may declare all Burns sec•vted hereby immediately glee <br />land payable and the sameshafl thereupon become due and payable without presentment• demand. protest or notice of any kind. provided. T r uslar <br />shall have any statutory right to cure the default before any notice of default and demand for Sala may be delivered to the Trustee Thereafter, <br />Beneficiary may deliver to Trustee a written declaration of defaull and demand for sale Trustor agrewi and hereby grants that the Trustee shall <br />have the power of eaaloof the Properly and if Beneficiary decides the Pfupirrry is to be sold of shall dajpoiit with Trustee this trust Deed and the Note <br />or notes and 41111yallhardoeumenta evidencing expenditures secured hereby, and shall deliver to Tr untee a we often notic r of default and election to <br />cause the property lobe sold, and Trustee, in turn, shall prepare a similar notice in the form required by law, which shall be duly filed for record by <br />Trustee. <br />lei Allen the lapse olauch time as may be required by law following the recordation of Notice of Default. and Notice of Default And Notice <br />of Sale hevipg been given a$ required bylaw. Trustee• without demand on Trustor than sell the Property if not redeamed, m one or <br />more pair cols and in such order as Trustee may determine on the date and the time and place designated in said Notice of Sale• at <br />Public auction according to law <br />ybg 01lttfi Trustee sells pursuantio the powers heroin. Trustee affair apply the proceeds of the sate to payment 0111000ete and expenses <br />of *k0fr4iling the power of sale and of the sate• including, without limitation. attorneys fees and the payment of Trusloo's Foes <br />i incuxren which Trustee's Fees shall not in the aggregate exceed ehe following amounts b+ ased upon the amount secured hefebyand <br />:.'r. romamisq.1 unpaid at the time scheduled for sale: 5 porcenturn on itinatialance thereof. and then lothis items in subparagraph lei ifirlhe <br />r order trlere stated <br />(0) iAryer piy1gQ the deet+s speclbed In subparagraph,lrn;..1 the aaie +soy Titlstea it the sale Is pursuard 10 judicial foreclosure, the <br />of"116ga W 11111114161111114 U applied In the following order. <br />I I ),C00,011 any evidence of 11110 procured to conned" with atucr little and of any mwonut+ transfer Ise required to bC paid <br />Ili) All Obligallom Secured by this Trust Deed <br />13) Junior trust deeds, mortgages, or other iteflhDFCclt! <br />111 The remainder, of tiny, to the person legally neirt P, .400 thereto. <br />13. APPOINTMENTDFS000ESSOR TRUSTEE. Beneltotary may r:',nrr, t,me lit time by a wrrtlrto ,r• Mument executed and w4 %: e1#dged by <br />Beneficiary, nrali!ed to Trustor and recorded in the county or counliile „ which the Property is lroc ed and by otherwise cornpid.ng with th* <br />provisions ofthe tipplicable lasts olthe Stale of Nebraska substitute a slrrreuot or true cl+ssors loth# Trustee named herein or acting h#tewf0ti, <br />Id. INSPECTIONS.&lnsliciarlr,orits agents, rep►ese(lalivesorrmpfhyres are Ai, •,.•, izedtneninral any reasonable lime upon Orin Arc far': <br />of the Properly fortrite purpose of Inspecting the some and for the pulpy ne,ct performing any of the sets it is authorized to perform under the lef'tt"s <br />of the Trust 09". <br />IS OPTIOMTOFORECLOSURE, Upon the oceurrence all -* ny breach and upon th #deciwatiunofotfaugt+ethuri +roe• BenNrc,;(uyfinanti,tvger l• <br />OPhon 10forociase this Tfuai 0111" in the manner provid*4 oy law fur the foescluou►e us inbrlgl{)O1F 54, r#ai plWini rr <br />io,rvrtewttwwwwiieBYs NMiiGiANV4MTIRRTEERpTA WAIVER. Any foraboat inc# bit lSs .rM`',tisryofTfuel@@inember sngeiev +•11,t <br />remedy hereunder, orothenarmeaHutdadbyappticablelaw, ShallnotbeawaryYt oforWr RCiudk' fhyign ,,!!.Cis&OfanySuchnghtotr#mscfr 1 of *•tin <br />the waiver by Beneficiary or Trustee W any defaull of Trustor under th +s Ifusl Deed small 0101 Tae deemed to be a *Soviet of any rather or s m•'a <br />defaults subsequently occurring <br />I <br />' 17. SENEFICIARM'S PIOWlRS. Wuhot►t arreetmg ur releasing the Labtatfy or fh# ri•u{lof ur any other person liable tot the y lv,ntrn+ „r ,1ny <br />obligation heroin mentioned, and wilhoWr arfectiAg the ,ilia or charge of m.% frtusf Doted +pon any puition of the Properly Bet r. °r: 'a't v fix v (tom <br />a <br />lime to time and without notice III the requesluton #oche +r TIustors I,IWe astir i riVoe'iunliablY lirl #s tend ofI@no * them at.rd'yo, Alto, ingot <br />I the terms of any auch obligatione, (iii) glans aeief tndw4gonCes, (tv) r#ifaid or reCoovlty to cause tube t#neasod r,r recurlvay..M it .t. +v Irmo dt <br />Beneficiary s Optoon any parcel of all of the Properly tvi take of release any other of adddional secut•ly lot ire ..bhyation herein rriOntibri Yd iv-) <br />make "llismenle or 0111001 arrangemenle with Trustor in relation thereto All Trustuts shall be jointly and svversify obligated and bound by the <br />sCNons of the Beneltciary a any on# Of Moro Truelor as Stated to this paragraph <br />10 ATTORNE11 FBI$, COSTS AND IXPENSES. the Henefoc tat V tit this Trust UYrw I., j.1 ird to Ihrr piymr•,I of illy' r,PV • 4vw ,i,t% t,i t <br />expanses as provided in this Trust Deed• except as Otherwise prohibited by taw <br />Ig RECONVEYANCE Sy TRUSTEE. Uj/un wr,n #n r#yuYSl u1 fhlr.o+'t,ary fin,) ujnur pwm�•irf tit lrutittr, „t Ir �►rr ♦ frr� 1 ru(1ra, i, <br />reconveytoTfustar. or this pat r unurpersuns loyalty entitledthereto wdhuutwMttartty, inv(rurUoirpflhvP•uplrtyfnrrlpi , lht•rwW`.tr, Nr, id'• ' <br />such tecionveya rive of any mallets or far is 0all be cunclus!vr (•roll( of lift 1!n1Mu nf•�� the ,,,,f 1 •01• drdr,lri. r..ti ,,. r,i n, r <br />deactebod w "ohs patsm at persons legally entitled Ih#reto <br />7 <br />Ji <br />n_ <br />EIS <br />1 <br />�T <br />e�. <br />•t <br />J <br />