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<br /> 4 Y '- of Trust ia tYce manner Pro��ded bIf law for � }� c r:�
<br /> 4' ' 4 ;ci. tiQ� CO foreclose this Deed ;
<br /> ``t}`' � ` 3�t� f�oreclosures of mcrtga5ea on real pscpertY• � •
<br /> x ,� :
<br /> �-._. � �.�- sora � • , �'`
<br /> •�;'�.r= �.•�..::�;��- F. B�18FICIARISS maY from time to time �ati�eZ �IIp�Ssuch aPPcintment• a ��.<.� ;U ,�
<br /> ..�� �..; to anY T�ISTBR named herein oz actin.q _-
<br /> � -`' � �ithout conveyaace to the successor TRIISTBB. the latter. sball be ..� � = .`
<br /> ' '> -� _ �`� veeted �rith a11 tit�e. PcwerB� aad duties conEerred nPcn anY TRtJSTSB �� �`=�' '
<br /> � �� ��tment and su)astitution �"� k� <
<br /> ��� �' E�� herein aamed or acting hereuader• t �and executed �bY $ffi�=CIARIBS. '.:;` ` _
<br /> inat=umea .,t �,:�,�
<br /> —� `'`'`"�^°��, eha11 be aeade lsy writtea �'�,`- `��: � _
<br /> . •F', :�: contaiain9 reference to t2�is Deed of Tru$i ter of Deeds of the couat�yi or �rr �.� �
<br /> �.�`:.�....'` ""�� �,. ,:�.: �vhea recosded ia the office of the ReRJ 1 be conclueive proof of - , - :
<br /> `� t�::."=;�: counties ia which said propertY ia sitvated, s2�al oaoez of �'--•� '��s�s:�:
<br /> .�s:`�• ==--�::� ::t�:<_ The foregoing P �'j.:=.
<br /> _;s. �.'-• proper appointment of tt� auccessor TR�STSS- , ,�._::...�,.;:
<br /> �. =. substituLian and the Praceduse therefos ehall not be exclueive of the :.
<br /> t �-� Poaaer and Procedure pzavided for by law for the substitution of a TAUSTSS
<br /> .' in the place of the TRIIST� named herein.
<br /> �� � , `;`'} that upon ar►Y attempted conveyanae, .� o'
<br /> _ •_l<-�,'^_.�.:�`� . ::x i. a. TRUSTORS coveaant and �� of their intereat in the premises
<br /> � ` � asaigament, pledge or tranefer of aay .;
<br /> � the Bffi�SFICIARISS shall have � ,
<br /> _ during the tesm of the lean secured herebY � aad PaY�le• �:"
<br /> o:, < : h :
<br /> : -• the uaP�d balance i�diately . N
<br /> - : _:`..� �-.�,- the cPtioa of declaring ��:-- , °
<br /> : -,. � .< . ° aid for tea t10) days thereafter. B�B1nCSARI� --
<br /> .. •. r aIid if 833d 8nm]'em3in8 1usP ZeII13se8 h6 SOld a8 y
<br /> � ' • ivea and the p � .;
<br /> ��L.£,;._. i..J, _g:. c a a ca�ease Notice of De£ault to be g _ -_-_-
<br /> %' < provided hesein. _ , �.�Y-
<br /> t collateral security Por the loaa, and effective . 4 �-
<br /> < `� ` _ ;...�t:. H. As adciitim�al and '' x '. :
<br /> farthvaitY►uPon filing of a�otice of Default. tlsis instYUaaeat e2ia11 sesve ::' �r.':�:
<br /> " -';��,..`N;. t the TRIISTORS to the TRIISTSB, of all reats and revenues � �
<br /> " .•,:;. . a8 aa asaignmea bY e� . � �IISTSS is authoriaed to take Bosseasioa . _
<br /> , . .�..-,.-� sesulting fm� the PsaP Y � te� he deems best and to _,,: �
<br /> 5 ;L 1� of th,e proPertY. re�t or lease the eame �terest, •'"4 ��
<br /> '_,.--.:, . ; ;._:::.;.z,= collect the rents aad reveaues and agply the B� �n �esesvatioa •. -
<br />- _ .:,�:: � p��pa1, taxea or iasurance premi�s ox for maiatenance and P �. ��:
<br /> ' . of the psemises. '�` _
<br /> ., i. The waivex by TRIISTSB or BSNBFICIARZBS of aaY default of TRUSTORS u�der
<br /> thia Deed of Tsuat, on one occaeion, sha11 aet��l�ac e�� to be a t�
<br /> �. . - waiver of auy othez or similar defavlte subseqn s�;�
<br /> 'r�� i.' J. if title to aay part of the prap�xtY hereia sball be taken in condeawatiou � s:
<br /> �' .,. .- pzoceedings, by, ri3ht of emiaeut domaia. or aimilar action, or ehall be �,
<br /> .}_.._, soceeds aze � �'
<br /> . . �. ':��; sold under threat of condemnatioa, all awasds. dama9� � � •.a>:- .• :=;-
<br /> ' ' � }�eby assigaed aad ahali be paid to the BSNBFICIARI85• voho s2�a11 aH81Y ��:;.:
<br /> •,`.,!•`_ :` .`••�••_y such payment, or anY Part tAeseof. ia their sole ciiacretioa. to the sum
<br /> � " due at that time on this Deed of Tsust aa�e�s���STORS, with any
<br /> . . � • b a laace abave the amouat due herennder BaYabl ,�.•..:-
<br /> .. aut2torized `' �
<br /> 'i . � R. The HENSFZCIARISS. theis agents or repseseatativea, are heseby < <:.�,•r
<br /> r ` to eates. at any seasoaable time. u9os► an7l Pan of the truet pzaBeskY for :i ,._
<br /> - - � r� the pusposes of inspeat3,ag the eame aa8 for the PuxPosa of fe� D�eed� ,. - .�
<br /> �� •-•;':_-.� ;r`..;'",t; of the acte they a=e authorized to BerPozm uader the teYms , - .:-
<br /> `''' � Txuat and other accomp�9 c��►�tB•
<br /> '•...
<br /> � . . . � L. Thie Deed of Truat aud all aacompaayi:s9 documeate are subject to. �, •..,,•
<br /> , � conatructed and governed by the la�rs oE the State oE Nebraeka for all ._;"�• •
<br /> � ..
<br /> a'•- PuzPcsee• .
<br /> � ,;:,:,• . M. isc ttse eveat aay one or mose oP the pravieione c�v� ia coanection vzitl�
<br /> " Truet, Tsvst Deed Note, or anY other instzument g
<br /> .,'; .�•;�� - � � thie tzaasaction, shall foz az►y season be held co be iavali8, illegal or :• •;: ,
<br /> -°_�;:;,_ .�. ��- --- - ua9nfosceahle in any respect, such iavalidity, illegali�y, or uaenfosce-
<br />_ry�::. ;. : : '�• .�� ability ehall, at the aptioa of fhe HSNSFZCIARZBS. �t��e��pe d of
<br /> ��,r-, :. saviaions of this Deed oP Tzuat or Tzust Deed Note,
<br /> ,};, ;; � � �� Truat and Tsuat Deed Note ahall be eonstrued ae if sucb imalid, illegal
<br /> • �, .,
<br /> ' � or unenEorceable provfsion had never beea containecl therein, it being the . 'ur .
<br /> r� , • intentioa of the partiea that the provisioas of this Deed of Truat are .
<br />:_''����:�!'� ,
<br /> '� , � � ° dec2ared to be severab2e•
<br /> -'�.��� �'. .'.� ' erty sub9ect to
<br /> :�.�.�.. . � � � p, TRUgTpgS hezeby aoaive their zight to desigaate the psoP
<br /> �. ,::.. this Deed of Truat as a homestead uader Neb. Rev. Stat. § 40-101 tReissue
<br /> �y, ,: .. . 1993) .
<br /> j� `.; � ersoaal
<br /> ..!.�.�;_°��.. � , . p. This Deed oE 'Srust ahall inuze to and bind t2�e heira, devisees, p
<br /> :�•��.,_:• • , . representativea, suceessors and asaigaa oE the parties heseto. •
<br /> <"�":� �' � '�� � �he TRUSTORS request that a cogy of any Notice of Default and o£ any Notice `
<br /> "� �` of Sale hereunder be mailed to them at the addsess herein set fozth, or such
<br /> ��'''�`'` otY:er address ae they may provide to the TRUSTSS and HENSFICIARIBS. TRUSTORS .
<br /> "�'`•��'" - - �- acknowledge that as TRUSTORS, they under9tand that the dacument they are _
<br /> '`` `" � executing herein ia a Deed of Tru�t aad not a mortgaqe, and ttiat the povrer of
<br /> 5�, ....,,, . .. i .
<br /> ;;: sa2e pravided for in this Deed of Trust pzc�v=des substantially difEereat riqhta .,
<br /> ' • I aad obligations than a mortqage and ia an event of defanli or breath of the
<br /> . � . obligatisrshP=einfprovidede1iuciudi g thefi exerc3 eeof�the p°p er$°f saleake auch .. •.
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