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<br />RE- RECORDED 90-105827
<br />90-1042959 P:� 012
<br />Tfvetoe(a) and each of dos is further covenants and more" with Bendiolsry as follows:
<br />(1) To PY 81 Mans, ludgmeria, Of other esusensnte against Ye Pf tip a0. and b pay when due all aaaesenents, taxes, cents. Nee. or charges upon the property or
<br />under any *Me. WMIL 111C OM". of P WhW Migned te Bensfioiary as addidorW security to aha Trust Mail. incuding those In or on pubic domain.
<br />M To hennas Witt kip ltsurad buldltgs will other Mnptowttisnta Inclu6np Mures shed attachments now on or hereAw placed an the poperry to the satisfaction of
<br />Beneficiary. &u h kisuranos will be aPpcov ed by anal deposited with Beneficiary. and endorsed with loss payable clause b Berwfidry. Any sums so received by Beneficiary
<br />may be used m pay f« recaatrucilarh at the tintroyed i+hprovehwnW « i f na w ap{iYed may be sppad. n the option d Bonebdary, in psyment d any kwdaaednees
<br />neanWor wwnsawd owjrW by Ws Taus) Ond.
<br />(3) To keep aI buildings. fixture, atadnrttents. and other ImprovOmente now on a heresfter plead on the property oeeupled and in good repair. maintenance. and
<br />co ldiMorn and b realer can I nor permit any eats of waste or any Inpahnespd OW ww Of the property. Beneficiary may enter upon the property to nspets de same or to
<br />pub.. any saes svatiorltsd Ihreln a N the foam ahpraarhanya),
<br />( the swretN Trusar(q foes b pay any /ens.lurlornsrite, asusenrnb, testae. renal. lees, a dlepes a mak►taln cry Insuatnoe on the propery. butdirgs, fixares,
<br />a, a IrrpeowacrierMe as provided iwNn a i&ni ttfMte ban sy►esmait(el, BarwNeiary, at la optlari, may make such payments a provide Iruuranoo, mainanaria• a
<br />repWlra and any .nriaia paid Mierebr wig bsoarw pfd OI file pdticlpal kideblldrnau sawed hereby, be Imnwdhry due and payable and beer htsrssr M Mr default rate
<br />In MM nor(s) hontt bite Dar d paymMU unto paid. The Wdvarasmnrit by Baiefialary d any such artntrits sill b no marine Wait die right of BerisaciMy b cadre
<br />rwtot(s) M delahit a sxsrdle any of Bsneficlary's taMsr riptiu and rernediss.
<br />(4, I+ ttw event Benficay lea Party Many 0WO n artectIng the property a the lien el this Trust Deed, Including any action by Briwfidaty b enforce this Fruit Os id «
<br />any salt h which, Beneficiary Is named W delandant (induding condemnation and bankruptcy proceedings) Beneficiary may Liar exprwa oral advance payments for obstract
<br />bd. eRansys Mn le tine exMM allowed by law). costa, expenses, appaled bee, and ottw dirges and any amounts so advanced will become pan of tie pdncipal
<br />Yyebtedrieea lienby, be Imr4dm* due and pnyaW rid bear I+rredat Mw aia%* rate provided in the rots(@) from die Wool s avancs undi paid.
<br />ft Any swards made a Tnalor(s) a their sueonson by Me oli rites, of enYttent domain are hereby atogned to Brwtdary; red Benatklary Is hereby srldrodted to
<br />otifiece and apply tte ens In PWYffweht of arty Ndsolednsna msarre ate uratatund, seared by shin Tnwt Deed.
<br />(O In s e event Triater(s) dsNirea b rte payment~ dwa d shy awns leashed hereby (Winclpal. Interest advancements, or protective advances). or falls so perform or
<br />observe any coverwas and OW41WM awaked herein, in the nor(s). ban atPeanwnt(s), or any ether rrotrumenr. or any proceedings Is brought by or spaknst Truss)
<br />under aaiyry Barauupby laws. Bsrwlldary. at 6 option. may declare the ant* irdeblednsas secured hereby to be Immediately due and payable and the whole will bear Interest
<br />at hie deWt rate as provided In the rVots) and Beneficiary may Im. wil try w&w to Trustee to exaKtse the Power of Sale granted herein in she manner provided in ft
<br />NebraYia Trap Dads Art, a, at the opion of des Bsrafitcany, may foredoes the Trutt Deed Into mrmr provided bylaw for the foreclosure of mortgsgss on real property.
<br />iicAealrg @vie appokasrient a.1 • ReaNvwn upon ex gashes sppllation. awtioe being reaby expresehy weired, ts+Miout regard b the was d rte pnopatty a Mw ewftcieny Mereel b
<br />disetarge mine aidebtsdne s secured hereby or In the fan agniemeno(s). Delay ty Done" in exeraskV Its alpha upon default will not be combed a a waiver M►rsof end
<br />Wry ew9 d 9enre/dary waiving array spacbd dsMua will not be construed as a w*w of any fuorre debulL l du proceeds under such sale or foreclosure are Insufficient to pay
<br />Ye 1pttilsndsbrdrisss sxearred hesby, Tnrash(n) do thereby agree b be psrow0f bound r poky the ur"d balance, and Beneficiary will be entitled to a deficiency wdgnism.
<br />it 5VoW Bene/ctey elect b oxadse Ma lbws of gWe granted herein, Bwwfdwy wile notify Trcaue who wil reoad, pubgsh. aid delver b Tnntcw(o) such Nola of
<br />and lfodos of SWle ew Men required by law and will in t e manner provided by law, sin the property at the lime and play of sale fixed in the Notes d Sale. hitter a a
<br />w holo w m ingrate ba. pmmels, or bane and in wch order lee Tntelee wil down expedient. Any person may bid at the We Including Trustogs). Trustee. a Benelcacy.
<br />(0) Ttuua(s) lwely regnwsa s copy d any Maim of Oak* or Nod r of Sslm hwowdw b ba marysd by cwdkd man b Tn abr(s) at Me WftsMoy se brMi iiereN.
<br />(10) Upon defouIL BensI ory. ehher In prawn or by agent, with or wilt ust trltpaip any action or proaedinp and wide or without regard to the value of Mw property Or Me
<br />ariiTaierri9 Cniwibi iii dirfhiwpe ices Mhdebiedrwss eeciaed hweby is audhod and nd o aided so enter upon and axe possession of vw property in rte own noes or in trio name
<br />of dho %raw and do any acs or expand any sums it dooms necessary or desirable to pnctact or prossne the value of the property or any interest therein, or Increase Mw
<br />Income UrvnMom: and wilt or widiow taking possession of the property is aulbrited to sue br or otherwise collect the rents. W/Iws, crops. profile. and Income thereof.
<br />including thole post due and unpaid, and apply the sane upon any Indebtedness secured hereby or In the ban apnemenys).
<br />NO Comedy herein anlemd upon of reserved b Trustee or Beneficiary is Inwtcted to be exclusive of any other remedy wean or by law provided or pamwnad, but
<br />each will be cumulative. will be In addition to every other remedy given hereunder or now or heresher existing at few or In equity or by statute• and may be exerdead
<br />conanwnlDy.Indepstidgriit or successively.
<br />(11) C- ushor(e) sclimwledpes tint the duties and obligations of Trusts* will Is delhtnssd solely by the sxorosa pnovgans of this Trust Deed or to Nebraska Trust Deeds
<br />Act am T-ruawe will not be Noble eroep for this performance of eecw duties and obligations as are NowificMA set foM therein. ehd no implied covenants or obligallothe will be
<br />impmew ,.-pan Trustee; Trusty will rat be liable for ay action by a in good fa"h and reatonabiy b0aveti tw n to be rdhomod or within the dboretbn or rights of power
<br />oonIs, ed upon it by Mils Trust Deed a sale low.
<br />(12) Thai kaegdty aped rssporWW1Y of Tnelerp) constiuns a port of the aaefdeatlon for •°w obdoatlons seceded twreby. Should Tnrshrr(s) sell. bansN►, or convoy Mw
<br />proprty "Dcdb" WINK Mahout prior written consent of 111"klsry. Banelidry. at its option, may dodrre to ands Indo badness Inhtedalely due and pyabte ate may
<br />proceed in am ehMroenent of No rights as on any odwdef&A
<br />(13) of feria kedudnp Ron- ds of lrirwal Lenses. Trteler(s) hereby singe. trMlIffs, and ronvale b Bensfidary at rents, r"WWs. bo sae". and ddq
<br />ttMindy a orcittorl, I Ie Yet may from dine to time become due and pysbU rude any real ante lease err wider any ell. Su. pawl, rock, or other mlrwrel Mae of ay
<br />kind eaM+dkg paollermal resources now existing or that may hereafter come Into existsrce, covering this property or any pan Ow" All such sums to received by
<br />Besifidry will be appiMd b Me Indebtedness oacured hereby; or Beneficiary. a la option, may orn over and deliver to Tmatwtsp a U*r successors In interest any oral of
<br />euali soma wiMiout pnejurla b cry
<br />at Ba efic 's ripha to Wks and reWn fuhn suns, amt mliout prejudice bay of la order rghtt under This Trust Dad. This assignment
<br />will be construed to be a Itvovislon for dte payment r eduction d the debt subbed to ttw ylarteddarys option ate hereaibebre waveded. Ithhapandsnt of the Men on the property.
<br />Upon pyment in hd of vm debt and its mwmymm d this Trust Desd d tea = . the aulpnreent vrll bacons Inoperative and of no Nee* fora and eflom
<br />(1e) The owmian co tabsd N Mtis Trust Deed Hill be deemed to be awm'"o; In tithe avant Mint arty ponlonh of tlis Trust Oeed Is datermhod lobe void or unenforceable,
<br />+ ty d rem•hfw portions of the TrusiDeed.
<br />VDW 71
<br />re a r rauech, Jr. Tf
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<br />,.•�rv' � �Ls,� -�L.
<br />orence F. Trausch
<br />STATE OF W911IA M i
<br />) ss.
<br />COUNTYOF �. )
<br />r On this -'-/ deny of ' _ )&' r -,-- ' ' r, , . A D.. 19 before r no. a Notary Public. personally appeared
<br />Alfred F_ rrgugr!h, Jr_, unmarrinrl
<br />tome knm b be dw person(s) riantesd fin end who erxewled the forsQaip Adurawlodgrrwnt avid Trust Deed and ackrwwladged that
<br />' etosaetsd t)es sure he holtrKary as end dead.
<br />(SEAL)
<br />(Type or pant name under signature)
<br />_ Notary Public in and for said County and Stele
<br />GENERAL _ ACKNOWLEDGMENT
<br />California Onthisthe 23,rddayof January_ 199�).beforeme, SL State of -- . - -- -
<br />(;canny of _ Riverside -Kelly plit t l i ps
<br />the undersigned Notary Public, per appeared
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<br />A-Lirud F 'lrauseh b Clorc"I" F 1'raeusch
<br />�eeewrneesvrranrw..so
<br />petsonal ly known tch me
<br />KEI Ly PHILLIPS g ( :iovedtomeon the basesof satisfactory evidence
<br />N(.v... ;,"t•rp�r" t Yr subtirr abed to lh(•
<br />10 tke the pursonisl whOliv r►arttels)
<br />within instrument. and acl+nowlodped that exec utrd it
<br />YVIT NESS my hand and r,flir iql vrHl
<br />No cry's Sig ure + 1
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