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F
<br />90-- 1053716
<br />11. ft*pW m ow NoWl ftee lees Sole. Upon defouh by Truster in the payment of or Wernance of tfa terms and candifions of
<br />tint 0110110, or Qtly renew*. olomicatiau or extensions thereof, or the payment of any other it"Iedress secured hereby or in the porformonce
<br />of fifty of the coevem0s, or eveeswmts hereetsder, Beneficiary fray decla4 ell sutras secured hereby kntnodbtely due and poyabie and the some
<br />11111011 thereupon berm 0 due ofb Pile without presenhmestt, deftolid, protest or notice of any kind. Thereafter, Boneficiary may deliver to
<br />r Trusts a written doektnstisn of defauM end defaxl for dole, Trustee shall how the power of sole of the Property and if Beneficiary decides the
<br />! Property is to be soli it shell deposit with Trustee this deed of Trust and the Note or notes and any other documents evidencing expenditures
<br />Nestrod f w*y, and shelf deliver to Trustee a written notice of default and election to carne the Property to be send. and Trustee, in turn, shell
<br />Pr+op"a siteilar notice In the form required by low which shall be duty filed for record by Trustee.
<br />(a) After the Mine of such time as may be required by low following the recordation of Notice of Default, and Notice of Default and Notice of
<br />Sole hOVinp been given 1166 required by low, Trustee. without demand on Truster. shall no the Property in one or more parcels and in such order
<br />at Thaterr way determine an the data and at the time and place desiginoted in sold Notice of Sale, at public auction to the highest bidder, the pur.
<br />chose price payable in cash in lawful moray of the United Stores of the tiws* of sale. The person conducting ft* sale may, far any cause he or she
<br />deems expedient, postpone the sole from time to time until it shot be completed ad, ices ewttsyr surds case, notice of postponement shall be given
<br />by pebiic declaration thereof by such person at the tine will piece lost appointed far the sole; provided, if the sale is postponed for longer than
<br />at11e.11) day beyad the dap desonated in tht Notice of Solo, notice thereof shall be given in the sane mmw as the original Notice of Sale.
<br />t Trustee shall execute and deliver to the chaser its peed case the
<br />,.. . per ysntp Property so sold, but without any convenant or warranty, express. or
<br />' WOW. The rociteyl in the Deed of
<br />...::,. any matters or facts shop be conclusive proof of the tMlntu4se:: thereof. Any gxsrsas. Wclmov without
<br />'';' smisdien Tnrdtwb.,nay purchase at the sole .
<br />j
<br />".0-1. i� ViWoo was pursuant to the powers, hftcein., Trustee shall apply the proceeds of the solo to payment of the costs and expenses of
<br />Ij txeVWM "M gasp► of sale and of the sole, iftpkwl)itp. wrttvut limllasion the poynant of Trustee's Fees incurred, which Trustee's hen shall not
<br />1 in the eggrogolo v*nood the following amounts bossed upon the omouno secured hereby and remaining urpoW, S porcentum on the balance
<br />j thereof, and then to the items set forth in subparagraph (c) hereof in the order therein stated.
<br />(c) After paying ft items specified in subparagraph (b), if the sole is by Trustee, or the proper court and other costs of forecbswe and sole
<br />if rice sole is pursuant to hrdiciol forocbwre, ,tea proceeds of solo shall be applied in tho order stated below to the payment of:
<br />(l ) Cost of any evidence of title procured in connection with such sox and of any revenue required to be paid,
<br />(2) Attorneys fees:
<br />(3) All sums then secured1wreby,
<br />(4) Junior trust deeds, tworfgoges, or other lienhoklers: and
<br />(S) The remainder, if any, to the person or persons legally entitled theroto.
<br />(d) if the Beneficiary of this peed of Trust is a bank as defined by Nebraska low ony statement contuited to any other section of this decd
<br />notwithstanding, the Bwwfkiory shill not be entitled to receive or toke and debtor shell not be obligated to pay or give: any confession of. jWQ
<br />meat, power of ottorrey to comps% judgment. power of attorney to oppow for a borrower in a judicial proceeding or agreement to pot the cox w;
<br />of collection of the attorneys' fees, unless suco acts of collection would not otherwise be prohibited by Nebraska law. Provided., tsowever, that
<br />this section does tat apply to the Trustee fee referred to in paragraph a (b). Provided further, that 041 paragraph shell not apply to flu% Deed of
<br />Trust, if the Beneficiary is not a bank.
<br />12 400nd howity I teseeeb, Truster, at its expense, will execute and deliver tt, the Beneficiary, prompt9y upon demand. such socuri
<br />th iins'mt raves as May be rapired by Beneficiary, in form and substance sotisfotfary4a Genoficiary, covering any of the Property conveyed by
<br />• this 0sed of Twit, which security instruments shell be additional socur,ty Jar Trustee's ldthful performtprtce of oil of the formes. covowls and
<br />cft"liotts of this Coed of Trust, the promissory notes secured hereby, and any Offer wurity tnstrutsents executed in coniectmin with this tron-
<br />stwim. Such instruments shall be retarded or filed at Trustee's expense.
<br />13. Appelelmsef ewf feeoesea,• Tivan. Beneficiary nay, from time to tune, by written inst!uttsent executed and acknowledged by
<br />' Beneficiary. mailed to Trust and recorded In the county or counties in which the Property is located or-4, ty otherwise complying with the prove
<br />~; :ions of the applicable laws of the Stott of N&osko, substitute a successor or successors to the Trustee famed herein or acting harowxbr
<br />11. Nspedlees. Beneficiary, or its agents, representatives or workmen, are authorized to enter at any reasomcble time upon or in any port
<br />of eft Property for the purpm of inspecting Nee sltft ?M "WNkMVWoJW- ormtrq any of the acts 1111 is aualrsro,ztd to Perform urndty the
<br />ter+tms of the Died of Trust. h slew 15. fipise to fereeMee. Upon else occurrence o� shall hove the option to foreclose this find of Trust m
<br />the mom w provided by low for the foreclosure of morPgoglt on roi0p eiiM ly
<br />16. Ft 9b MWoe by Beef RcinI Net a waiver. Any forebeorance by DmtfK for W er exercising any right or rrrre+ly hereunder, or otherwise
<br />j afforded by applicable last, shill not be a waiver of or preckde the exercise of anii such right or remedy likewise •itv+ waiver by BerefKtary
<br />any default of Truster under this Deed of Trust shall not be deemed to be o twolver of any other or srmtlor defaults subsoqutntly occurring.
<br />17. Tns'Iw No Released. Extension of the time for payment or tauctir•,catron or amortization of the sums secured by oin Lend of Trust
<br />granted by Botseficiory to any successor in interest of Trusterr shall not operate to reieow. in uty rriannor the liability of the original Trusterr and
<br />Truster's successor in interest. Beneficiary shall not be required to commence puceey+ngs against such successor at ►Huse to extend time tar
<br />payment or otherwise modify artnortiwtwn of the sums secured by this DW of 1row oy reason of any dMttarb rwsode by the orginal Trusterr mW
<br />Trustee's successor in interest.
<br />.s payment of any obligation herein
<br />r o. wwxrsw.y i itiwwe. imigvi oii'eCiing rice igpin>7 of rite iruSrtr, :- any other pw'1an l,ape to the
<br />mentioned, and without affecting the lion or charge of this geed of Trust u w any patron of the Property not then or theretoforo rglersed ct,
<br />security for the full amtount of all unpoid obligotions. Beneficiary mow. from tune to WIN and wdttotlt nofrre (1) #*►Pose ony person so ltGbhr ,•.,
<br />extend the nutalfunly or alter any of the forms of any such ebsigotoes NO grant other indulgences. Icv) releoso or re(onvey or cause fo be
<br />released a recart.1111 at ony time at Btrefictory's options ant, pwcet portion or all of the Prow ty fv) take or releo,p onv utter a oddrtr000l
<br />l security for any obligation heroin mentioned or Ivi) make c
<br />uttpiosrt.ons ur other arrangements wrtM debtors in rerAtran thereto
<br />19. ►ateta A*MM. Upon request of truster Trustee at trustee s option. par to reconveyasee of to-+ Pve4 rty to Trusts nav waft.
<br />%Ouve advances to Truster Such future advances with a -Weil ftureon shell be wood by this frost Dn4 when rvdwxed by promissory
<br />rate% stating "of said notes are secured hereby: provrded'hot at no nme shall the set.ured iv not "I future oavonrv% w.t ; -Ainq %oni% od
<br />twrsced to protect *a security. exceed on oggrtgate ttrc'tctpd wvmw, et s 150,000.00
<br />L20 ftoWni ee k TreetM. Upon written request of Burnt lKtwy staling that ,sloe Sums set ured hereby hove been po,d mgt „tKUr, ,t,rrr'#xhpr
<br />of ants peed of Trust and the Note to Trustee for ionttAu+ron Wirt retention curd upotl paymeo! by lrtytot of Trustee s few, t,,,Stpe .t,ru
<br />Man V to Truster, or the person or persons legally unfilled ttweto without warranty unw pwt,twr M the (',t Wt ft then held tWrrvrwfpr Ii,,.
<br />tocllols on such r4rconvoyanceof any matters or lot IS Shull by tork luS,vp Woof u+ the truthfufnett tlwrpof The grant", Pi any rel unrpv,un r ,,..,V
<br />be doscrtbed os ''the persons or per sons legally entitled thereto,
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