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<br /> -=��,: . .. �EED OF TRUST Page 5 '� �-.};.:-
<br /> ;��. � _ �� a,-os-,ss9 pa �.0���1 `�.... ,
<br /> -_ .,_ �. '< l.oari tVo 8603:f8 (Co�tnued) ` ( �":,�`:-�°_��=.:
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<br /> —?.�``• ` on and ffiictn ac.se551an of Ute Ptoperty.ttta ooQectlon `r� .,;.:,��
<br /> :�,:; �. • , by tNs Deed of Tnci.a0 in such order as Lender may deiemdne- The eMertng u� 9 0
<br /> - � :',.. .V ot sueh rerds.issues and Prafits.and the apDOCatlon thereof shall not wre or waive er►Y deiautt or notlee of defa�dt under thls Oeed at Tnmt ;n`'.�
<br /> '� '` � . ; ` pr ima5date enY ad done in responso to Sueh detauR or pw5u8M to svCh nadjce of de(aulfi e�d. noridtlnffinding the wntlnuance io .�; �.
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<br /> . �. possession of the ProP9rtY or thfi coltecUon.rece►Pt and ePP�o^of rents, issues or pmfds.Trustee or Lender shall be er�6Hed to `°:.§ _ ,
<br /> -=��` , " . R= exerdse every right pravided tor In t�e Note or the Ralated Doeumer�ts or by law upon the oceurrenoe at a�►y event of detB�At.Including ttie
<br /> = i � ' , � dgM to�erctse the power a!sale; •:-;- _
<br /> -�. � ,�•} (b} Commence an acUan L�foredoss th(s Deed af Tnst as a m ge.ePPoint a�eceiver or specificslN eMoroe any of tt�e covenants ....`. '`.
<br /> � gJ : �: � :� hereof;artd ` • �
<br /> , _7;` ` • . .. - (c) Del'nrer to Trustee a written�'ded ha�a notloa Trustee st�alf ca ���v�r(tten n�,otice rat defa�dtropriate otfioes ot ihe Cau�nty�in '� � , . ,,
<br /> �z� ;� i�t�t t n tt+e P r o p e R Y t o b e s d.
<br /> �-�:, . '�� whiCtl the Property is located:end , ., ` '
<br /> d_ ac.•' . �F : ..
<br /> z (d) W�l h re s P e d t o a U o r a n Y D a r t o f t h e P e i s one!Pro P e r l Y�Len ShaU have ell the rights and remedles a!a secured PartY under the Y ,
<br /> �f_ �� � Nebraska Ucfitortn Cammetctat Code.
<br /> ; ' ..� ` . Fprel;tpsure by Power ot Se►e. if Lender eteCts to forectose by exe f the Power of SaTe hereln eontatned.lender shall notHy Ynalea and �: �
<br /> ` sha0 deposit witA TNStee this Deed ot Twt end the Note end such ts end BNdence of e�endlwes madB and secured by tl�ts Oeed of ';''r'
<br /> < �``' •, c Ttust as Trustee may req�re. '' , �..
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<br /> : • (aJ Upcn reoeipt ot such natiCe Trom Lend�.Trt�ae shaD ceuse t e recordad.Pub�.shed and deGvered to TniSta sueA l�totloB of DefaWt . , '�
<br />`,���=! ' � �•a and Notice of Sate as then tequired by taw end by this Deed ot Trtest. Tn�stee sheit.v,rithout d9mand on Trustar.after such tdne as may •,;s y ,;
<br /> ' . 4 � ' i hen be r e q u t r e d b y t a w and aRer recardatlon of such NoUce of befauil and efter Notice ot Sate haNng been ghren es requir¢d by tew.seU '������,:.., . :.
<br /> � C• the PropeRy at the tlme and ptace ot sale fo�ed by it tn sueh Natloe ol Sele.e�her as e wha0�.or fn se p ar a t e to t a or p e r c e t s a r f�m s a s _ � ,, '
<br /> .��.�:; Tn�ieB s�l desm�ent,and In such order as H maY Cetermine,at pubifc auctlon to the hlphest bidder tor cash in lawfui money of .,..,.. `
<br /> - _ ' ihe United Sffites payable at the tlme a!581a Trustee shali deGver to suCh pu�haser os pt�haseFS thereot its good and sutfldent dead or - ' ,,,{{,4,<:
<br /> . ,� dgeds cpnveying tiie Oroperty So sold,bul wlthout arry covena�or wartartty.w�press w impGed The tedtals in suct�deed o4 any matte�s ;
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<br /> � or fads shaii be condusive proof of ths trutrihdness thereoR AnY person,inctuding wiihouf tlmiffiHon Tn�star,Trustee,or Lendet.may
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<br /> � �' . *: purehgse at such se19. ;
<br /> �r - ,. � (b) As may 6e permitted by Isw.efter deducting e9 e°s1s.1e�end e�e�s ot Trustee antl of 1hLs Tn�st.�ndudi�costs of evtQence of ; .
<br /> 5� title in connection with sate,Twiee shali apOhl�+e Procee��s�e�P�Y�►�ent af Q)a0 sums e�ended unQer the tenns of this Deed ot ��J
<br /> ;��� �, Trust or under the terms of the Note not then�epaid�inctudin9 but not�mited to aaxuued irderesi and tate chaBes. f�aU other sums then
<br /> a . � _ �,
<br /> �i��. � � secured heraby.anE (i0)ths remainder.H enY.to the person or persons IegeUy eritltled thereto. � -i•
<br /> :���, .�:r- {c)7rustee may in the manner Provided by aw postpone sale ol all or arry pordon ot ihe ProAertY• . ��"�
<br /> -.�°` Re�eAt¢s kot F�oqusWe. Tn�stee and Lender.and eact►ot tAem.shali be errtitled to enforce Pallment arM pertomiance of enY indebtedness �
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<br /> ���,� . or obGgaUons secured by this Deed of Tiust and to exercise elf rtghts and powerr under thts Deed ot Trust,unQer tfie Note,under anyr of tAe _
<br /> r � f `� Retated Documents,or under any other ag�mer►t or any taws now or hereafter in torce;nolwithstariding,some or aU of such indebtedness �f :
<br /> '`zx�'• and obn8atlons secwed by mts Oeed ol Tnst may now or hereafte►he olherwtse secure4'"hether bY mortgage,deed of Vust,P�9e.Ren, ��,t<:
<br /> - ', : "�',� asstgnmenf or ott�erwise. Ndtt�er the acceptance of Mis Oeed ot T r u s t nor i l s e�f arcem a n t.whether by court adion or pursuant to the pawer of ,,.T:_�.:.:
<br /> �!;. '• sate or ath9r powers co�ined tn tbis Oeed of Tnsf,shall preJuduoa ar in any manner aftect Tn�sbees ar Lenders dght to reafize upoe or ;,
<br /> �#;r: eMoree an other sec�ity►now or he�eaRes held by Trwtee or Lender,it being agteed lhat Tnutee and Lender,and each ot them,shaA be �
<br /> _`«.`;� � eMided to enforce this Deed of Trusl and any other security now ar hereafter held Dy Lender or Tn�stee In such order and manner es ttreyr or ,�:�„ � _
<br /> �r-�, ��� � •' either oi them may in theh ebsolute discrettan determine. No remedy conferred upon or�esenred to Tn�stee or Lender,is intended to be . ��-;.�.:
<br /> +��' • � '�� ��� exdusive of emr o t h er reme d y i n t h i s D e e d o f T r u s t o r b y l a w p ro v f d e d o r p ermitted,but eaeh shail be cumulative and St�eU be in aQdition to :;�e
<br /> ' � every other remedy 9�e�in thts OeeA ol Trust ar now or hereafter e�dsUng at tew or in eqWry or by statute. Every power or�emeQy gWeo by t he ��.+.��;
<br /> .r,?`.' ' . � ,� `'�� Note or any of the Retated Documenb to Tn�stes or i.ender a to whsct► efther of them may be ottien�ise enUtled, may be exerdsed,
<br /> ;•�l� "' ' ca�curtetdty pr independe►d►y. t�rom Ume to time and es often es may be deemed e�edlent by Tnutee ar Lender,and either of ud merA �` ,-
<br /> ,, : � . pursue InwnslsteM remedles. Nolhtng in this Deed ot Tnut sha11 be conshued as prolu'Eillag Lender hom seetdnp a dsfldency 1 S 4.,..,__
<br /> � , agalnst the Trustar to the exteM such acUon is Oe�itted by law. ��-��?F
<br /> �, �'"'�.,� � • Request iot MOUce• Tnistor,on benalf ot Tnutor end Lender,hereby requesls thgl e copy of en1►Notice ol DetaNt end a eopy of 8ny HaUce .',-
<br /> ;�';;�� . ' �,; � ol$e1e under 1NS Oeed of Trust be mailed to mem at the addresses sei forth In the fttsl paragrapb ot tNS Oeed ot TrusL `•.:�,.i...
<br /> 1 • , . ,� Wnhrer;Qeettpn of Remedles. A welve►bY any party of a breach ot a proviston of tAis Oeed of 7rust ahall nat constitute e walver of ar
<br /> ` t;.� - prejumce the part�fs dg►�ts olherwise to demand sUict compfiance with that proNs�on or any other provtsion. EleeUon by Lsnder to pursua enY �Y .
<br /> :���r �,;�: remedy ptovided in this Deed of Tnrst,the Note,in any Releted Oocumeaf,or provtded by Iaw shaU no1 e�cduQe purstdt of erry atAer remedy,
<br /> :�'I.'„�' , and an eleedon to make e�enditu�es or to tahe acUon to peAOrn►en obligation o1 Tnistor under thES Oeed ot Tnis1 after faihu9 of Twtol to
<br /> '�i�� � • • pe r tortn s h e l l no t a N e e t L e n d e r's d g h t t o d e e l a r e a d e f a u l t e n d t o e x e►e L se a r ry ot its remedies. ;
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<br /> :,�-�'..._ � ql�pmey8�Fee�F�ensea, �f tsnder IrtsUhttes any suit or actlon to enforce any of tde temis of thls Deed of Trust,Lender sl�aD be entWed to '
<br /> �:��,�, ; , recover such sum es the couA may adj�tdge reasonabte as ettorneys'fees at trial and on any eppeal. Whethet a not arry wm1 ac8on b `: ��
<br /> ;�_ �.� . imroMed.aD reasonabte expertses Inc�med by LenQer wNch In lenders opinion ere neeesse4t at arry tlme tor the protection oi its fnterest n+'the �.r,.
<br /> ' �` •�� ontorcement of ib Aghts shail become a part ot the Indebtedness payabte on demand end shall be+u irrteresl at the Note�eta from 1Ae Qate ot .._.
<br /> �•"��` ' � ', w�endihue until repaid. 6cpenses covered by this para�apA inctude,vAthoN fimitaUon,Qowever subject to any timits undet epp�Cabte law,
<br /> ;.:��.'���- �.�-. . LenCer's attomey9'fees whether or noS there t�a Iawsuit,inGUQing aHarneys'fees fot banicruptcy proceedings Qnctu0ing efforis to mo�ty or
<br /> '- ;� �',�-. �. � vac8te any 8utometlC 5tay o► inJunctlon). eppea�s and any ar�Ldpated Oost-lud9ment couec6an seMOes. fti0 cost of searehin8 r�o��. .
<br /> `,��.`' obtalning ti4e�epoRS(�ncluding foreclo5ure reports),surveyars'reporfs,app�sal tees�titte insurance,and fees tor the Tnistee,to the exterd
<br /> .,,:�;.:
<br /> . ,; . permitted by applicable Iaw. Trustor also wfll pay any courl Cosb.in adddion to atl other sums provlded by Iaw. �
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<br /> �, �:;: Rt�te ot Trustee.T�ustee shail have all of the dghb and dudes o1 Lender es set torth In 1ni5 secUOn.
<br /> �'-v`�'.' ..-- � POWEAS AND OBLlOATFONS OF TRUSTEE• The foilowing provlsions reletlng to the powers 8nd obGgations of Tnestee are part oi ttds Oeed of , .
<br /> ,, . . T� .. .
<br /> PoY/Bt8 Of Ttuste9. In additlon l0 8�1 powers of Trustee arlsing as 8 matter o1 law.7rustee shali have ihe power to take the foflpwing BCt�ons •�• .
<br /> wtlh respect to the P►operty upon the written requ65t of Lender and TrUStor: (9)Jotn in prepar��9 end filmg a mep or plal 01 the RB9�PropeAy. .
<br /> , induding the dedicetion o�slreets or other rights to the public; (b)�O�n In grantmg 8ny easement or creating any restriclion on the iiea�P►opeM;
<br /> ,;,�',`� and (e)loin In any subordination or olher 8gre0ment SffeCUng thls Deed of Trust or the�ntere5l 01 Lendes unCer this Deed of Trust.
<br /> ' � � Trustee. Trustee s�all meet all qual,flcations requUed ta Trustee under applicabt�1avi. In addrtion to the dphts and remedies set toM above, ,,
<br /> '� ' � wHh rsspeet ta eli or eny pert of 1he Prope�t}L��e Truste9 shail have Ihe d9ht to toreGOSe by noUCe end sate,and Lender shaU have the dght to
<br /> `T�`'+�-�� , torecio59 by judicla!forBCtosure.in either case In actordance wilh end to the full Axtent provlQed by eppl%cable Iew. � . ;
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<br /> " � ; Sueeessot TruStee. Lender,at Lenders opUOn,may from time to time eppoint o suocessar Trustee to any Trustee apDa��ted hereunder by en ; �
<br /> ,�,;� �...�. � in5trument exeCUted and acknowtedged by Lender end recorded in the oNtce of tRe recorder of HALL County.Nebraska. The��strument shall �
<br /> �?'��` � Conlain,in BddiUOn to all olhor matter4 required by state�aw,the�ame3 of the orlginai Lendet,Tnrstee,and Trusta.Ihe book flnd page(or
<br /> .i�".•r . � ' comD�er system reference)where this Deed of Trusf is recorded,and the name and eddres4 of tne Suaessor hustee,and Ihe inSlrumeN she.9
<br /> be 6xecuted and acknovAeaged by a1�1he benefldartes under the OeeC o}Ttusl o►lhelr SucCes50r5���nterest Thg SueCe55ot NuSteB,wilhoul .
<br /> ��� ' � ' conveyance of tne�operh/.she�l succeed to all 1ho title,power,and dudes Conler►ed upon the TrusteA��Ihis Oeed o}Trust and Ey epp�-taD�O
<br /> �g , • ' �aw. Thls procetlu�e for subsl�tuhon of hustee sha0 govern to the exclus�o�01 a��01hei prov�sions for Substdutron.
<br /> r',�"t' NOTICES TO TRUSTOR ANO OTHER VARTIES. Any noUte under this Deed o�Trust shait be �n vmGng, rr�y Ge sent by te�et8cs�mile(u��ess . ,
<br /> �" � otherw�se required by�aw),and sh8il he eNecuve when actua�ty de��vered,or when deD�ted wdh e�+ationa�iy recognized overmgAt eourtet.or,d i . .
<br /> _��:,`._ :
<br /> .�;,� , md�ed.shell be dBemed ettectrva w-he�deposded in thg UnAed Stntes mai�first t�3ss.ce��fied or reg�stered ma4.posla4e P�ePa�d,direeted to ihe ;
<br /> '�� Addre5595 Sh0'+vn ned�ih9 b6g����ng Of this Oeed 01 Trust. Any party may change d5 BddrAS�(Gr nOtiCes under th:S Dasd Of 7rus1 by gMng tormai
<br /> �.� ', wntten nobCe tO the OthOr part:e5.speCfymq that the Du�pcse ot the nOL•ce�5 to cAan$e 1�9 03�1Y5 eddress. ���Copigs ot nOLteS o1 foreC�oSUrO hOm ( .
<br /> °i� the holder o�any I�en wh�Ch haz pnonty o�er thes De9d ot Trust shall be 58nt to Lendels eddress,es ShOwn neat th9 begmmng o1 th�S DeeG Of TruSt.
<br /> ;��'�� Fpr notite ourposes.T�usto�agr¢es to keep Lender a�G TrvStee�nlormgd at flIi fimes ot Trustor's curte�t address.
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<br /> =. ti��SCEIIANEOUS PROVISIONS. Tr.e fo'�oMng m�scenaneous pro•rs�ons are a pa�o}tns Oead at T�ust: �
<br /> Ame�dments. T^•s Deed o} T�us� 'ogethe�+f��3�+pe�a'@d DOCUt^9�t5.Cor.Shtu?25�ne 8^���e u�de�sta�tlir.g ano agree**+e�JB^�ro nt�n and .
<br /> ` . �o tha ma"e�s 5e1}or.h��th�s Oazd o!T�ust 4o a�?a�at;on c�a ame�tlmpnt tc tr.�s�e2tl��T'us�Shd��Ce BN2Cirie ur.1855 q 9
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