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89104866
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Last modified
10/20/2011 10:54:19 AM
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10/20/2005 9:59:33 PM
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DEEDS
Inst Number
89104866
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r <br />M. <br />4 . <br />i <br />Oil. <br />�L <br />L <br />89-- 104868 <br />(3) The remainder, if any, to the person or persons legally <br />entitled thereto. <br />Each of the parties to this Deed of Trust hereby r nests that a` <br />copy of any Notice of Default and a copy of any Notice of Sale <br />provided for hereinabove be mailed to each such pAr - ty at his post <br />office address set forth herein. Upon the occu re#ce of any de- <br />fault hereunder, Beneficial shall have the optioh�to foreclose <br />this Deed of Trust in the :miner provided by law;for tie foreclo- <br />sure of mortgages on real:aper *Lr.. <br />3 TXT8_: Trustor spet:ifica.tly agrees . thgt (a) Trustor, at <br />its expe, .s h' will execute..':•tid . d4i r to Beneficiary, promptly <br />upon & q i�,e tt such .secur t ;'inst Wnents _ as may be required by <br />Henef ci ° in a . .fd�n and .subsit cce -satisfactory to Riaheficiary, <br />cove °r ag any of the';r'roperty comvoVred by this Dead of Must w�ch <br />security - iftstrumen .."tha1-1 'be additional security f©r Ttustor's <br />faithful performance of &IL.''of the terms, covenants and. condi- <br />tions of tsiis Deed of Trust, the Note and indebtedness secured <br />hereby, and any other security instruments executed in connection <br />with the indebtedness secured by this Deed of Trust; and all such <br />instruments shall be filed and recorded at trustor's expense; <br />(b) Benefi gi -ary may, from.'-..time to time, by written instrument <br />executed a;iA,.-acknow-Ledged lby Beneficiary, mailed to Trustor and <br />recorded in'the county or'counties in which the Property is lo- <br />cated and by otherwise complying with the provisions of the ap- <br />plicable laws of the State of Nebraska, substitute a successor or <br />successors to the Trustee named herein or acting hereunder; (c) <br />although the Trustee, or his successor or successors, may be an <br />agent of, or attorney for, or otherwise connected with the Bene- <br />ficiary, such fact shall not be construed to disqualify him to <br />act as such Trustee, nor shall such fact prevent the Trustee or <br />Beneficiary from bidding at a sale and buying any part or all of <br />the Property at any sale hereunder; (d) that if it should be <br />necessary or appropriate for the protection of the security <br />hereby conveyed or enforcement of the debt hereby secured, for <br />the trustee or the Beneficiary to institute or become a party to <br />any proceeding or suit in a court of bankruptcy or probate or <br />other court of general or limited jurisdiction, all expenses ;and <br />costs properly incurred by said Trustee or said Beneficiary <br />(including reasonable attorneys' fees) paid or incurred by said <br />Trustee or Beneficiary in maintaining, prosecuting or defending <br />such proceeding or.protecting their respective rights hereunder <br />shall be an additional debt secured by this Deed,.'of Trust in like <br />manner with the principal debt herein described; (e) Benefi- <br />ciary, or its agents, representatives or-workmen, are authorized <br />to enter at any reasonable time upon or in any part of the Prop- <br />erty for the purpose of inspecting the same and for the purpose <br />of performing any of the acts it is authorized to perform under <br />the'terms of this Deed of Trust; (f) any forbearance by Benefi- <br />ciary or Trustee in exercising any right or remedy hereunder, or <br />otherwise afforded by applicable law, shall not be a waiver of or <br />preclude the exercise of any such right or remedy hereunder; sim- <br />ilarly, the waiver by Beneficiary or Trustee of any default of <br />Trustor under this Deed of Trust shall not be deemed a waiver of <br />any other or similar defaults subsequently occurring; (g) exten- <br />sion of the time for payment or modification or amortization of <br />the sums secured by this Deed of Trust granted by Beneficiary to <br />any successor in interest of Trustor shall not operate to re- <br />lease, in any manner the liability of the original Trustor and <br />Trustor's successor in interest. Beneficiary shall not be re- <br />quired to commence proceedings against- such successor or refuse <br />to extend the time for payment or otherwise modify amortization <br />of the sums and indebtedness secured by this Deed of Trust by <br />reason of any demand made by the original trustor and trustor's <br />successors in interest; (h) without affecting the liability of. <br />the trustor or any other person liable for the payment of the <br />obligations and indebtedness secured by this Deed of Trust, and <br />without affecting the lien or charge of this heed of Trust upon <br />6 <br />ft <br />i <br />J <br />
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