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<br />9 1.05532
<br />T 1. �eoetrnta III e UM OelMllf •eafe"I tale. Upon default by Trustor m to payment of or performance of the terms and conditions of
<br />the Note, or any renewals, modifications or extensions thereaf, or the payrneM of any other Mobtedrwss secured hereby or in the performance
<br />of any of the convormts or agreements hereunder. Beneficiary may declare all sums secured hereby immediately due and payable and the some
<br />shall thaneupon become due and payable without presentment, demand, protest or notice of any kind. Thereafter. Beneficiary may deliver to
<br />Trustee a written declaration of default and demand for sale. Trustee shall have the power of sale of the Property and if Beneficiary ducndes the
<br />Property is to be sold it shall deposit with Trustee this Deed of Trust and the Note or notes and any other documents evidencing expenditures
<br />secured hereby, and shall deliver no Trustee a written notice of default and election to cause the Property to be soli, and Trustee, in turn, shall
<br />propane a sianilor notice in the form required by low which shall be duly filed for record by Trustee.
<br />(a) After the lapse of such time as may be required by law following the recordation of Notice of Default, and Notice of Default and Notice of
<br />Sole hnk q been given as required by law, 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 to cosh in lawful narrey, of the United States of the time of sale. The person conducting the sale may, for any cause he or she
<br />deems expedient, postpone the sale from time to time until it shall be completed and, in every such case, notice of postponeesant sholb be go w . ?
<br />by public declaration thereof by such person or the twee and pktce lost apptwnfedl for the sole; provided, if the safe is postponed for lorxger. than
<br />one (1) day beyond the day designated in the Nt•t(.e of Sale, notice thereof st.'soil be given in the some motstw as the original Notice of Sale.
<br />Trustee shall execute and deliver to the purchaser its Deed conveying the Propwty so sold, but without any cutworms or warranty, express. or
<br />implied. The recitals in the Deed of any matters or fats shall 6P conclusive, proof of the truthfulness thereof. Any person, including without
<br />limitation Trustee, may purchase of the sole.
<br />(b). When Trustee silk pursuant to the powers herein, Trustee skil. Qply late proceeds of the sale to payment of the costs and expenses of
<br />exercising tM power of sale and of the sale, including• without lemltattco. the payment of Trustee's fees Incurred, which Trustee's fees stall not
<br />in the aggregate exceed the following amounts based upon the 3nount secured hereby and remaining unpoidt S percentum on the balance
<br />thereof; and then to the items set forth in subparagraph (c) hervO � the order therein stated
<br />(c) After paying the items specified in subparagraph (b), of the sale Is by Trustee, or the proper court and other costs of foreclosure and sale
<br />if the sole is pursuant to judicial foreclosure, the proceeds of sale shall be applied in the order stored below I,* she paymeint of:
<br />(1) Cost of any evidence of title procured in connection wollt' .ouch sale and of any revenue required to be paid,
<br />( ?) Attorneys fees;
<br />13A All sums then secured hereby;
<br />(A) Junior trust deeds, mortgages. or other Ilpreholders; and
<br />(5) The remainder, if any, to the person or persons legally entitled thereto
<br />(d) If the Benefrciary of this Deed of Trust is a bank as def wte4 by Nebraska low any statement contained in any other section of this deed
<br />notwithstanding, the Beneficiary shall not be entitled to retetve or toile and debtor shall not be obligated to pay or give any confession of judg-
<br />ment, power of attorney to confess judgment. puwpr of attorney to appear fora borrower in a judicial proceedtnq or agreement to pay the costs
<br />of collection of the ottorneys fees, unless such at t% (if collection would not otherwise be prohibited by Nebrosko law Provided however that
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<br />,his section does not apply to the Trustee fee referred loin paragraph 6 Ib) Provided further that this paragraph shall not apply to this Deed of
<br />Trust, if the Beneficiary Is not a bank
<br />12. A/rilieMl Setwify Metraeteab. Trustor at Its expense will execute and deliver to the Beneficiary promptly upon demand such secure,
<br />ty instruments as may be required by Beneficiary in form and •substance satisfactory to Beneficiary covering any of taw Property conveyed by
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<br />this Deed of Trust, which security rnsrtwnents shall be additeav e. security for Trustor % fcrtrtf• :1 performance of nil of the terms, rovenant% and
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<br />conditions of this Deed of Trust, the promissory notes secured hereby and any other Security frstruments execuhsd In connection with this tran
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<br />%action. Such instruments shall be recorded or filed of Trustor s expense
<br />13. Appolttoaft all Stfueetter Trustee. Ben9lftmory may from time to time by a written mstrumpnt executed and tKknowlr.dged by
<br />Beneficiary, mailed to Trustor and recorded In the county or counties in which the Property is lucoted and by otherwise complying with the prove
<br />lions of the applicable laws of the State of Nebraska substitute a successor or successors to the lru %tee Famed hereon or acting hereunder
<br />14. 1xspeetiens. Beneficiary, or its agents. reoresentohve5 -• workmen de outhew4ed'loepter tine upon or in tiny ;sort
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<br />of the Property for the purpose of Inspecting law Brame and for the purpose of oerformire (ptly. of,gv a� t% 4 Is ostthrvved to perform under the
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<br />terms of the Deed of Trum t •' . • %, 4V' •
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<br />15. Opfies to fer"Jame. Upon 1re occurrence of any defoul, hereunder B~konry it "nl' 1•.nve the option to foreclose this Dyed o t ,: t -n
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<br />the mortner provided by low for the foreclosure of mortgages cr teal property
<br />16. Fit a ulles'e ►1e, Meefieiaty Not a Weiver. Any forebearunce ley 11pnpbt. Iaty u) exNrtnmq any r ryht or rernedy N tau tdw tv htrle -any
<br />afforded by applicable low, shall not be a waiver of er precbide the exert t%e C1 arI %tKh fight or remedy l • ewrse taw fratver by 8pr*,h,,rry p''
<br />any default of Trustor under this Deed of Trust mil not be deemed to tw a waiver of any other or similar detoult% %ub%pquently occurring
<br />17. 11mater Net Released. Extenstaa of tit lime for poy"nt at rnadefei otron or omnrt•; ;iron of the sums tip( „ter; by the% Deed of Trust
<br />gronTrtd by 8eneflciary to any sw:r:o %or (r 'Merest of lrustcr sh:: Pot oporUfe to relonst• Irl on• neannrr the 6ubehty of the or (genal Ttu %tor fine
<br />Trustor's Successor In interest 13tsne'ieceatr tf 0 not lore requirar; -t, tommente T- rc,u.tt',rq • agctno m, t, tut (e%a,r fir teftr%e to extend trine fm
<br />payment or otherwise modify omonaotion of taw % • :ns secured by the% lkwrl of lrtri^ 1:.v eenscn t•f firer dal -and mgdp by the or eyenol Tr uste,r and
<br />Trustor's successor In Interest
<br />18 Mnefkdary's ►ewers. Without affecting the liability of the TruStur t t rvv off-Pt 1*1;, huble tt,r the payment of .any obhgotion hf.r.•
<br />montwrxed and without offecttng the lien or charge of the% Deed • -)f Trust uptln any port-u , ; 'he Property not then ue the,etufure reeen%ed -I-
<br />Security fix the tilt -imount of all unpaid obligations Beneficiary muy frpm 1ttttrt to time mitt wethuut e,.••, e r r Iptrir grey five ♦on %o liable- i
<br />extend the mofurpty at alter any of the terms of any such oblegat•on% (et„ yrttnt other tndulgen,ei� • , n•h•.he „t imonv „y of ,once• t•• r„•
<br />released or recoreveyeff of any time at BereefetKRy t or.ftor•• ',r4 tet .el portion fir ill of 1e-0 V•n,evr•, ':,1 a (,r n•4•o•r• nay „'her o' ' etd”„ n.11
<br />seeuretw for coy obltgatton herein mentioned or lie. lolls or tither oniony # °.• , w'• .trfl• ,, r 'eiah,,n thvr,•to
<br />19. Polo Adeawm. Upon hoquest of Truorr ...: " %4. 0• ...,.,'•e % cohort prior ' ., f..,, C,�:,,.• to rn 1,v -.v,, r,,,;ti •' ...,
<br />future advances ra Trusfor Such future ndv,cn,rt. wrfh nttpre;t f!teretr •1t•OI III- •Rowed by th,, f•,._r I)t•vd nAre(t o,,dpn, w1 r, f•
<br />rotes stating f i La,d notes are secured hereby provided their at r., Iona ,re,; th...,...,r.•(1 I„ ,, t .e .• r "re ,rt.an• e, rt ,, .r• ,..,
<br />vonced to protect the security exceed on oggrpgate pre-it opal umuunt of s
<br />?0 itemweyeea by Trum". Upon wt,ttrm te•ttt.1.0 of Be"O6. mile '•tolIIV4I"t rill win•. u•, W. n hrr,.ttt tt.,.v twwl lre^t (,
<br />of thus Deed of Trust and the Note to Trustee for • III,ellcnrmn ttoul tetenhun ,I"'i "h•„ (_„'.• r., t•,'.t,,, .' 1•, ,te.r (.. t ,
<br />rptonvey to Trustor ,K the person or We sow. letiolly eat -tiva thereto w,thn.et w., ' , et , t _ rte,,. t,.,a., , r, ebI. ... (
<br />rpt Itok in much retonvpytP4 p of any mtoter% r•• hl. r•. -', In (o• r r r, (.r ., t ,,, re," ,...•,,•
<br />bedescrebs•das the person of twt%onm legally r,tt(tlel tnerpta
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