|
143639
<br />tc) A w,•t of oNeh'uUOr at attaCh,n(rn► or any similar proCt ss shall loo entered against Borrower which .Shat Once a lien on Iht! Properly or
<br />any part'on Inereo! ar interest !herein
<br />(d) There sha•I the 6:ed by or against Borrower an action under any present or tutue federal. State or other Statute. law or regulation relating
<br />to bankruptcy. nsoh-ency or other relief for de!`tors, or there shall be appointed any trustee. receiver or liquidator of Borrower or of all Of any part
<br />Of the Property. Of lhO rents. issues or profits thereof or Borrower Shalt make any general assignment for the benehi of creditors,
<br />(e) The sale trarlsler. assignment. conveyance or further encumbrance of all or any part of or any interest In the Property, either voluntarily
<br />or rnvoluntarry. WA110ttt the okpress written consent of Lender
<br />M If Borrower Is not an individual. the bate. tranelar, conveyance tx enttnnbrance O! more than per cant d (ii a bOr•
<br />porafk*tn) its 1seued and outstanding stock d (it a psti iershhpp) per cant of pertneratkp Interests
<br />9. llarnadws, AoOOEsnitafl Upon faOlaebt. In the event Of any Event of Dahtufs Lender may declare an ,,sdsbisd,rasd secured hereby to to due
<br />and payable and the some $half thereupon become due and payable without any presentment, demand• prOMtit or notroe of any kind Thereafter Lander may:
<br />(a) Demancb that Trustee exercise." POWER OF SALE granted herein. and Trustee shall thereafter cause Borrower's Interest In the Property
<br />to be sold and the prooeeds to be distributed. AN In the manner provided In the Nebraska Trust Deeds Act,
<br />(b) Either nperson or by agent, with or without bringing any action or procaedng, or by a receiver appointed by a court and without regard
<br />to the adequacy of As securry, enter upon and Me possession of Me Property, or any part thereof, in rte own name or In the name of Trustee, and
<br />do any Who witch It desone necessary or darabler to preserve the• value, marketability or rentability of the Property, or part tiered or ntanet Merin.
<br />nefom tie Income therefrom or protect the security hared and. with or whthotd taking possession Of the Property, sue for or otherwise collect Ma
<br />rents, Ieeues and proofs thereof. incli ding, those past due and unpand, grid apply the Same• less costs and expenses of operation and coNScti ri, in-
<br />chxkrvj remmey's fees. upon any uxMbtOdness secured hereby, all in Such order all Lender may determine The sn1lering upon and takdng poaueaion
<br />of the Property. the !x ievtion of such rents. issues and pr061 i and the appicaftnti thered as aforesaid. shall riot cure or waive any delstA or Flaw
<br />of default hereur%W w..- invandate any act done in response 10 such do*A or pu'swant to such notice or default and, notwithstanding the continuance
<br />In possession of t!`!►•Ntirperty or the collection, reee!pt and appbMon of rents. issues or profits Trustee or Lender shah be entitled to exercise every
<br />Fight Modled for m env of the Loan Instruments or by law upon occwtience Of any event of default, including the right to exercise the power of Sale, and
<br />(C) COrrrix�tt: w—.ection to foreclose this Deetd of Trust as a mortgage, atppolm.a receiver, or specifically enforce any of the convenaft il`t4 ed;
<br />No remedy rereoy ~;r !Ev Jed upon of reserved to Trt,;g!ee or Lender Is Intended `.a be exclusive of any other remedy herein or by law proved or
<br />permitted. W.Wh shaft M"mutaativve. shall be In addlivir, to every olf remedy given hereunder or now or hereafter existing at law or m equity or by
<br />sMArle, arvt viiay be exersded concurreo-stejt. Indepandetty or succeseli ,
<br />10. lifYOMe. The ?rr ,31ee may resign at any time without caum 't.binder may at any time wr,4 without cause appoint a is or or subatltute
<br />Trustee. Trusel shall not t�o tia!;ile for any loss or damspe ur0ss due to ACZviable negligence or wdRUq misconduct. and shall not be required to talte. any
<br />action in connection with ttw *r- trcement of this Deed of Trust unless rndernhiftail ro for an costs. compensation or expenses which may be asWcOV
<br />!herewith to addition. Trus'Wz may become a purchaser at any sale of the. Prep,¢+.!) ;� <; .�tl or under the power of sale granted herein}, postpone ire sale
<br />of all or any portion of the PnOCelty. as provided by law, or sell the PrOremn as, a .Nr: or n separate parcels or lots
<br />11. ftNmr Advan"a. Upo , (pgirest of Borrower. Lender may.. at -# optlon, mks additional and future advances and reialOi:-P. cea to. Borrower.
<br />Such advances and radva^bes, aa►!) gnrl "t thereon, shag be securers bw t!rvs Deed ,$ Trust At no time shall the prinapel amotxM 0
<br />severed 3nr tphsDeafiof Tr „A, n:„ ua,C);uhrQ sums advanced to protect the selcurlry of ens Deed of Trust, exceed the original pnncipaiVa aunt stat�eafthezan•
<br />a t 3U lJt1U UU „-; whichever is greater.
<br />1Z. MMCallarNow provlslorta.
<br />(i0004 OW0 Ih1011lbleaald. Er11i~nsron of the time for payment or nhodrf,Cabon of amortization of the sums secured by this Qmd of Trust granted
<br />r
<br />by Leo to any successor in interest of Borrower Shall not operate to release• In any manner, the lability of the original BCrrrower and Borrower's
<br />su00eaers ion interest Lender shall not be required to commence proceedings against such Sumessof or refuse to extend time lief, payment or other.
<br />wee modify amortization of the sums secured by th,g Deed of Trust by reason of any demand made by the ongnal Borrower and Borrower's sm.
<br />C*I$ofs •n IntereSl
<br />-
<br />(b) Lerows, Poweta. without aflecting the h9ldly of any other person h2bte for the payment of any obligation herein menlx)ned, and without
<br />affecting Me hen or charge of this Deed of Trust upon any portion of the Property not then or theretofore released as security for the full amount of
<br />all unpaid ObLgeone. Lender may. from tens to time and w"AX nafte (r) felease any person so liable. (e) extend the maturity or after any of Me
<br />terms M any ooh obirgatons. (m) grant Other nduldanclD. (M r V reconvely. or cause to be reteesed or rPrnnvlywrt at any time m L -de
<br />-
<br />optlon>s any parch. portion o• al Of the Property. (v) Mks or rekl4a as^y, Omer or 8,4ftonal Security for any obligation herein mentioned. or (iii) make
<br />Corrh{)oa'I or other arrangements with debM In ralabon tttertlrt'
<br />(C) Farbaafarhea by Lendw No a Wald Any forbsarari�e by Lender In exercising any right or remedy, ! Wwaer: ov oxherwise afforded
<br />by applicable law. shelf not be a walw of or precMde the exercise of any such right or remedy The the paymeru of
<br />W M Of other 4” OF dWges try LW4111rt shall riot to a worm of Lendl;`SngfM b accelerate the maturity, of the Indabbillri 4. wozeO by,tha Deed of Tn,at.
<br />_
<br />(d) iiUMNOH all JOHN all $@VON may; Captrafla. The covenants and S W)i Arced,
<br />and the rights hereu(xter. to•
<br />stud ,n'rl tf►l raepectrve successors and assigns of Lender and Borrower, subject to the provisions of parawa(cr* 8
<br />(a) tereof A8 COvenaM k4 aXeemente of Borrow!► shall be joint and several The c0pt10ns and headings of the paragraphs d the Deed Of Trust
<br />are for convenience only and are not to be used to interpret or dekre the provisions hereof
<br />(e) ft*" far NOUCM. TMe parties hereby request that a cotri d-Any notice of default hereunder and a copy of any !rtxctof sale hereunder
<br />be marled to each party to this Deed.1 Trust all the address set 1GrtI above in the manner prescribed by applicable law Except for any offter notice
<br />required under appltcable law to be grven :n another manner, any notice provided for In this Dead of Trull shall be given by marling such notice
<br />by cePohed form,
<br />mar) addressed as set above. or al'sueh other address as shall be designated In writing to Me other parties, as provided, train.
<br />Any notice provided for in this Deed cr'Tn:st sta:i ce deemed to have been given to Borrower or Lender when given in the manner designated herein
<br />(I k%epaaMan. Lender may rnaly? or Cause to be made reawnable entries upon and inspections of the Property provided that Lender shag
<br />give 134frwef notice proof to any .Surh mspecbons specifying reasonable Cause therefor related to Lender's Interest in the Property
<br />(Sik.;', MeyaaCa. upon Iiment of so sums secured by this peed of Trust. Lender shall request Trustee to reconvey the Property and Shall
<br />su►rentter this Deea" af, Trust and all nobs evidencing indebtedness secured by this Deed of Trust to Trustee Trusee shag reconvey the Ptoherfy
<br />without warranty aid r`1111/ "Out charge to the person of persons regality entNW thereto Such person or persona shad pay all c4D$f5 of reeordatton, 4. any
<br />01 ParaOrlM PfOplrty, Saawfty AW"or fli. As additional Security for the payment of the Note aU fixtures. equipment;, and other pat onal
<br />propw4p used in oonnection with tht- real estate or crivrovements located thereon. and not Otherwise declared or deemed to to a part of the real
<br />estase socureo hereby. =:l rho sut w to a Security !nearest in favor of the lender under the Nebraska uniform Commercial Code Tr.,,c m6urnent
<br />$has be construed as a Secu -ty Agreemerr urtser said Code. and the Lender Saari have al the rights and remedies of a secured party. un4w S.ald
<br />Code in aod, *_on to the r ghts and remedies creatfld under and accorded the Lender pursuant to this peed of Yfust This security agremrAgnt and
<br />the security iwerest granted he.•eunder is ion aad"jan to al other seturrty agreements gmmn by Borrower to Lender. '
<br />(t) SevorabiWy. :n the event that any prov5+on of this Deed of Trust or die Note eonfnct warp ap iable !awe or are deGared invalid or otherwise
<br />undnforcoalA such wnfkt Or rnvakdtty shat, rot affect the Othef Provisions of this Dead of Trust Of the Note which can be given effect without the
<br />corflict.ng provson and :o ins end the provisions of the Deed of Trust and the Nola are declared to be severaele
<br />6011 reiovef teas eAKXed tats Deed of Trust the date wr.7en above
<br />2-4
<br />-A
<br />Phif s•, Gorrow6f Husband j!
<br />C. i Sarro.�ef wife
<br />.
<br />Ls
<br />=SITE OF f :FgR;,,xr. .
<br />Hall
<br />r. i; :. . :'' ,'t :x•r ?I ,r T.•,;` v.0 =f' v<<• :ve {,y-rr,d Oe,..e -.o ... S� > lt►lY ,�rs4
<br />j
<br />= e Phi Ii. L. .1uiu;-i and C.. Janie Jussl.. 1fu::lbaud and F+.i.,fc
<br />r�
<br />
|