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<br />90-10587,#,
<br />S @*ARM DON W1. lends# Is hereby assigned all cumpensalrun awards. damages slid lithe- payments ur rebel pneteu10611e1 P#axeeda 1 in connection with
<br />condemnalnonat alher faking *I The Properly or pail thereof. of for conveyance in fiats. J ( andin uRelion l ender shall beenbbed AT tea uptiun tocammence. oppose in Ono
<br />000ucule In do Own nlwm any 4101106 of plafceedinge. and shall also be entitled to make any complemlN of Nlltamenl In coroner fruit with Such faking of damage In The
<br />event any portion allies PcopStly a so taken or damaged. leMde► shall have the option. in Us suit and ahsotule dnbc rehun 10 apply all such Proceeds. filer deduebng
<br />Ihe►atiom all COele and expenses incufrad by 11 in connection with such proceeds. upon any Indebtedness aeculed hereby and In bush urdal as Lender may determine. or to
<br />apply AN Auah Proceeds, offer Such deductidns. IQ The Restoration at the Properly repute such cDnddnons es Lander may determine Any application of Peascaeds to
<br />uNkAW drw" shall not *stand or postpone IM due data at any payments under The Note ur ctrl* any default thereunder us hereunder
<br />T. PedwomaNbyLeader, In the event of Bor rower's failure to perform any of Ohs covenants harsh or make any payments required hereby. at of any armst taken or
<br />N gslprM" dmg COmmencedWhichmslanallle affectsLandsr 'tlnlarsatlnlh0Properly Lander intly in lie own clificialion. but torrolhutil obligation to d000. and without notice
<br />loot demand upon Borrower and without releasing Berrie war from any obligation• du any act which free Bucr ewer hoe AQfo" first lads to do And may oleo do any other act it
<br />d"ms n*CSeeefy 10 Pf*lscl The "Curtly hereof Borrower shall, Immediately upon demand therelor by
<br />Lander, ply to Lender all colts and expenses Incurred and sums
<br />expanded by Lender in conneclion wslh the exercise by Lander of the foregoing rights. together with Internal thereon at the rate provided in the Note. which shah b* added to
<br />Use 1►Webbdrlaia Secured hereby Lander shall not incur any personal liability because of anything of may do or omit to do hereunder
<br />• Nate* of 01II& il. The following shall constitute an event of default under This Dead of Trust
<br />4e1 Failure 10 Pay anyinelalklneolofprincipal ofinterest oranyotherarinsecuredherebywhenduo. orfadwetopaywhenduoAnyother indebtednessof
<br />Borrower to Lander,
<br />(b) A breach of or default under any provision contained in the Not*. This Dead of Trust. any document which securest the Note. and any other
<br />ienculbrance upon The Properly.
<br />(C) A will of execution at silachment at any similar process Shall be entered against Boo tower which shall become a loan on the Properly or any portion
<br />l MOM of interest nlefein,
<br />(d) There the# be Iliad by or against Borrower an action under any present or future federal. stale or other status*• low or regulation totaling to
<br />bw*fuPkY, ln$Wo*nCrOt Other relief for debtors. air thereshallbe appointed any trustee receiver or liquidator of Borrower aof all arany part of The Properlya
<br />pM carts, News or profits thereat, or Borrower shall make any general assignment lot The banehl of creditors
<br />to) The sere, transfer. assignment, con•Syence or further encumbrance of all or any part of or any internal in that Property Silber voluntarily or
<br />Awoluenionly, without the express written consent of lender
<br />(1) If Borrower Is not art orsdavidual• The sale, Transfer, assignment conveyance or enctirribrance of more Than _ _ -. _ paccenl of 111 a corpbrelson) its
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<br />iiaSlle(1 end DUlstali111ng s10Ck a 18 a ps rrnershipl � . _ .. percent of parinetathp interests
<br />9 ft*mwdi ai Aece9awalioatUpon® AauB. InIh* evam0VanyEventa? 061aullLendermaydeclareallmdeblednest, oucurydnerebytarbedWrgnupnyaafeandlhe
<br />• Mr11e AW Thereupon become due and payable without env p reSerurnent demand, pratest or ntllice of any kind Thefeateur L ender may
<br />i le) Demand that Trustee exorcise the POW-ER OFSALE granted herein ano Trustee Shall thereafter causal 410710wers 4n?oresl in The Properly jobs Sold
<br />and Me proceeds to be distributed• all in the manner piovdea in the Nebraska Trust Deads Act
<br />(b) Either In person or by agent, with or without bringing any action or proceeding. or bb a receiver APPOilited by a court and without regard to the
<br />i adequoCYOfitsgcerily. enteruponandlakepossessionoltheProp011y .oranypailThereat In its awn name or in the name atThe Trustee. and do any actswhich
<br />It deems necessary or desirable to prsxerve The value• marketability or rentab-tnty Of the Properly. of pail ft tsreof or Interest Thereon. Increase The income
<br />therelrom or protect the securely hereof and, wither without faking possession pr tho Properly. sue tot Or ottiltrw ise c reeled the rents. Issues and profits Thereof•
<br />including those past due and unpaid. and apply The same less costs andeapensesoloperatoonandCollectionincludingattorneys 'loss.uponanyindebtedness
<br />secured hereby, all in such order as Lender may determine The trnfermg upon and Tahrng possoasron o1 the Properly me colleCtion of such renlf. issues and
<br />- profits and The application thereat as afo►atiaid.&hail eat 4016 ui waive i1fly du;,iuii we uuiu,a vi 4ttiliull hateunoor Or invalidate any act done In response to such
<br />default or pursuant to such notice Of default and, notwithstanding the continuance in paisnsyra.- .11 the PrO11011y ter the collection, receipt and application of
<br />rents, Issues or profile. Trustee or Lender shall be entitled 10 exercise every right provided for in any of the Loan Instruments or by law upon accuracies of any
<br />1 event of dNWll. Including the right to exercise Ilia power ul sale- and
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<br />(C) Commence an action to foreclose this Deed of Trust as a mortgage. appoint a receiver of specifically enforce any of the covenants hereof.
<br />No comedy herein Conlerred upon or reserved to Trustee or Lander is intended lobe a riclusnve of any Other remedy herein or by law provided or permitted. but each shall be
<br />Cumulative, shall be inaddilion loewry other remedy given hereunder or now or hereafter asesling at Idw or Ire equity or by Module acid may be esalClwdconcurrenTly,
<br />independently or successively
<br />10 Torualae. The Trust" may resign al any Time without cause and lender may at any time anti wilhuuT cause appouil d successor or sibstdull Trustee Trustee
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<br />j shall not be If" for any lose or damage unless due to actionable negligence or wildest miscondur t and shall nil be requu.•d lu lake any action in connection with the
<br />SnIWC *nNnt of this Died of Trust unless rrldemn#nfied in witting. for all costs c01711100ba0un ur e■pufnses who to may he assm ratpd therewith In Wdtion. Trustee may
<br />become
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<br />opureM"1- atony"loot the Ptoperly(ludicral or under the power of sale glentud herbml puslpune env%ale of all orally purl-on it lose properly as provided bylaw.
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<br />or SON the Properly as a whole, or In separalt parcels or lots
<br />11. Fulure Advances. Upon request of Borrower. L ender may al its option masts additional and ruluu.- advances and rmidvances to Borrower Such advances and
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<br />raadvanue, with forecast Thereon. shall be secured by This Dead ul Trost AT nu Bout- sliall Tine prmupdl dmnutq i.l the mdpbtetlness secured by This Deed of Trust. not in.
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<br />Yuuding Sums advanced to protect the security of this Deed of T r use. exceed The original pnncisfal amount sidled herein. of f whichever is
<br />1 1g. mieaeBeeeods Provdal"s.
<br />Is) •Orvolfef Not Released. Extension of The lime for payment or modification of amurhrarion Of the steal, secured by This Deed of Trust granted by
<br />Lender to any successor in interest of Borrower shall not operate to release. In any manner the hand,fy of vhe ui igmal Borrower and Borrowec s successors m
<br />interest Lender shall not be required to commence proceedings against touch successor at feluoe tuexfend hl^eto- payment or otherwise modify amortization
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<br />of the sums secured by IMS Deed of Trust by reason of any demands made by the original Burrower and Borro -het s succesburs in mfaresT
<br />it (b) LesldoesPowne. Withoutaffe ctinglheloabdtyofanyotherpersonliableforThepaymentutanyp0119, wonhefeinmentionedandwdhoulaffecting
<br />the lion of Chargeol this Do" of Trust upon any portion of the Properly toot Then of theretofore releasea as Svc totes Wr Otte hoil amutcal of all unpaid obligations.
<br />Lander may, from lime To time and without notice 14 nalease any person ate liable IisI e■tend them aturil v or ane# any of n,r terms at any such obligations. l tit)
<br />i grant otherindulgeneee.tiv) raises* orr0eonvey. orcausetobereleasedoffecunveyedatallyI, nrr. 11 LendueS%) plrunsdnvparcuf .p.rirono,allofthe ProperIV.
<br />1x"10 or Retest" any other a additional securely lot any obligation herein mentioned. orI e1 masercumpuvaionsorotherarungemants with debtors nnrotation
<br />ICI frofbeManceby LenINr Not a Waiver. Any forbearance by Lander lit exercising anv i.ghl or remedy hitfoundue Of other wise allarded by applicable
<br />law. Mell not Wa waiver OlorpreClide the exarelNOl any such right oc earned y The pronnemen[ otmsurenceor the paymentefta ,a!sof other loans Oreherges
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<br />by Lander &MIT not be a waiver of Lender's right 10 accalerale the maturity of the ondeblenness secured by This ETeed of Trust
<br />101 •ueeeseon and Assigns bound: Joint and Several UabtNly: Captions. The co.enjn".> and agfeerinvnls herein conwoete•d shall bind sad the rights
<br />hereunder shall Inure 1o, the respective succestiorsand assigns oft endue and Bwiowcr siolect 1u The provisions of paragraph ale; hereof Au,;ovendnls and
<br />agreements of Borrower shall be joint and Several The Captions and headings of The paragraphs ul this Oved of Trtest ate lot connvemencu only d ^1d a not to be
<br />used to intetpret of oetirsx old uturutuus I,mefit
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<br />I to) Request for Notices. The parties hereby request that a copy of &try tiolice of default froorcuoidee and a t-repy of any lisilare of sale henounde r be mailed to
<br />11 each porgy to this Dead of Trust at The address set forth above in the manner prescribed by applicable low Excepl lot ally other notice required under applicable
<br />tall lobe given in anolhor manner. any notice provided 101 in this U**d of 1 rust Shall be given by mailing such notice by certified marl addressed to The other
<br />Perlin• at the address NI forth above
<br />Any notice provided for in this Deed of Trust shalt be deemed to have been given to Borrower or Lander when given in The manner designated herein
<br />fit ixaa�lWii 1e.11smt we. -see.
<br />n0hCe price► to any Such inspection specnlytng #SafenSbfe cause Therefor related to Larder s interest In the Property
<br />• (g) Roeoevopono. Upon payment of all sums secured by Mrs Deed of Trust Lender shdtr raajest Trustee lulaconvay tnt�IP,•aperty and shall Surrender
<br />this Dead of Trust and all poles evidencing Indebtedness secured by fors Do" *11T cost to Tr .stew Trustee shall reconvey the Pr,, -aoly without warranty and
<br />we*" charge so the poison or persons legally enblled IhOlMO Such perSCO o1 persons shill' Pay ati costs of recordation A still.
<br />(h) PaveisaM90P".SWVdlyA•reeeka ^ Il ociddgnarsecwMyforMepaymentofIn* NoteaUfn( ureae0uupmanl .andotherpersonalpropertyused
<br />M- ccrwneebwr Were Idw foal extol* or nmprovenwrwb located eremite and not Otn*fwisedeclared Of Quarried tb be a Pa- r;, I the foal estate secured hereby shalibe
<br />awgeClfOaMCurdymter* slmraM�ra/ lMLfrtdki+ usdnthgNWraakaundormCommeccraiCwf* Telmer# 4m. tntanallbeconslruedasaSecunryAgreemenl
<br />w'nZW sead Code, and The lender sfkai reeve all Iris ftghb and rerriad eS Of • secured party under sates Code in addillore to the r.gnrs and reaedreS created under
<br />sad aeeo►dsd the Lender punuarvr a.i emu Dead of Trust
<br />(a) •e MOMWP.In Otte *WOW Mal any protpgion.0 this Deed of Trust contirLl with appncdbfe lower a•edecraled nevettd of uther wtu,.r onto rr ea0.e s_ n
<br />conflklor ievaileddyARMnotaffectt) w~ strovgrwnofthisDeadofTrusto rM*Nutewhichcanbeg. wens /lecrwithoullMConlliClingp►einsw andtolh,s
<br />Ind the pra warc * Of Ins Deed of Truer and Moe Nole era declined to to "vocable
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<br />Bamrlet also SWATeeawet ]easaTrw the "to woollen abow � laid— Coq ant Ruse Track, tree.
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<br />I_ Nesrter President I
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<br />BoNr,l, tiecrerarvarTreastire r
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