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<br /> - �_. (D� Commence aa actioa to foreclose ti�is Deed of Trust ae a mortgage. ''E � ��`;-
<br /> --�z:.:���;��:." � � =� appoiat a re�eiver, or spacifically enfosce aay �f the coveaaata bereof i • '
<br /> _ ��a,-
<br /> .�' � _
<br /> ` ' (c) IIeliver to TruetEe a written declaratioa of defauit and demand for � `��-� �
<br /> ` �-�;�'�: sai�, and a wri�tea notice of 8efault and electioa to cause Trustor'a interest � � r � � �'���
<br /> ' ` fa the Truat 8atate to be sold. whicA notice Truetes ehali cause ta be duly � '-�-�,�',', � "'
<br /> ���7;r`�<' � • ° filed for record ia the appropriate Official Recorda of tlne Couat� ia orbich _ ti•::
<br />_° , ` ��<_ the Trust 8atate is located. . � ��`. �` .
<br /> -- ___.: �n 't` _ °'£
<br /> -��, �' 4:.,_-.;"�� il. �o�c�.o�.s aY powsx o8 s�ws 9hould Beaeficiary eie� to � =
<br /> �
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<br /> �i�'�_ ¢ ,���` ` foreclose by exercise of ttte Power of Srsle hereia contaiaed, Beneficiary ahall =
<br /> sl
<br /> �,,};, , ,, aotify Tsustee and eAall depoait wtth Txustee ttiia Deed of Tsuet and the HoLe �� .
<br /> t., ,. ., :°,t and ench receipta and enideace of expenditures made and eecured heseby as � �
<br /> � Sj ._ _r
<br /> z' _ TsuBtee msy require. t';
<br /> .k'�'�'
<br /> j�i, - � t (a) IIpon receipt of euch rwtice from Benefiaiary, Trustee shall cauae = � � _
<br /> ` `� -"=��� to be secorded, pabliehed and delivered to Tsustor such Notice of Default sAd : :
<br /> � ` Notice of Sala ae thea required by law and by this Deed of Trust. Rruetee ti `
<br /> ��<��. ��� ahall, without demand on Truetor, after eucb time as may then be required by ��:..
<br /> �, law and aftes secordation of auch 1¢otice of Default and aft�r Netice of Sale � ��;,,_
<br /> ;z-r ` ,� `�i" havi�ct9 }�een 9iven as required by law, sell tbe Trnst Sstate at the time sad h�_t_
<br /> ,� �� • .'�.c lace of aale fixed by it in such Notice oi 9ale, either as a whole, or in -"'� �E _ .-
<br /> , F _. .•...,, p t, and irs sucb `
<br /> �� ' _ . separate lota or parcels or it� as Trustee ahall deem expediea
<br /> j � or8er se it may determiae, at public auatioA to the highest biddes for cash, - �`-�
<br /> • } a able at the time of sale. Trustee � �"�
<br />- ���_ �,`• �� , - ia lawful moaey of the IIAited States, P Y _ .
<br /> =��=i�.:' � _ . ;.',?`f:..;q�,�:.
<br /> .:,fi,}�, . , -t; ehaii delives tm such gurchaser os puschasera thereof, its good an8 sufficiem � ,
<br /> �,
<br /> 8eed or deeds, coAVeying the progertp so soid, but without any conenaat os g, ` � `_
<br /> �F . :� warrar�ty, expresa or implied. The recitals in such deed of any matters os ° ti ��
<br /> l� ��:� facts ehall be coaalusive prouf of the truthtviness thereof. Any pereoa, _ f,`a.� `,
<br /> �.ti %- �C_ , � !lf
<br /> `� i n a 2 u d i n g, without limitation, Trustor, Truseee, and eeaeficiary, may purahase � r
<br /> �c � kY�' at sucb ea1.e, and Trustor hereby conenants to warraat and defead the title of L.
<br /> '�.; � . -i snch g�trahaser or purchasere.
<br /> xt �
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<br /> �� �.� ` (b) As may be permitted by law, after deducting all costa, feee, `x`'�.s�`.,.
<br /> `�, �.:L� �� exgenees of Trustee an8 og thie Tsust, inaludinq cosLa of evideuce of title ia .�.�
<br /> �ti'` ` conuectioa with eale, Truatee ehaii apply the pmceede og eale to p�ymeAt oP Y -,�
<br /> � :' ,
<br /> ,;f (iy $I1 sume expeu8ed under the terma hereof, Aot then zepaid, with accrueQ e�;. �
<br /> �•`,.,, • •: � • iaterest at la �e�eaent per aunum, (ii� all other sume thea secnred heseby, and :,��,..
<br /> �� (iii) the semaiader, if any, to the persoa or persons legally eatitled
<br /> . .
<br /> ' 'e� t�IelBtO. �•s'`n '`;r.:
<br /> •i 1 ' � . . . . 9 - . .,..
<br /> `s����-� � � .� (c) Truatee may, ia the manner provided by law, pos�pone eale ot all or . - .- � :°�-�:
<br /> � _ .; , � t ' - , ,._.
<br /> ..r:k. any portion oF the Truetee Estate. ^°� �
<br /> # . } : i ;.
<br /> 12, RwrawDlEB NO'ZSXCI.DSiti�. Truatee and HenePiciary� aad e8ch of them. '
<br /> `t, � , ahall be entitlec9 to enforce paymeat and pesfosmance ag any iadebtedneas or :
<br /> • • obliqationg aecured hereby aad to exezcise all rigbts and powers uader thie ��.�4,
<br /> � 1 � . ,��� Deed oY Trust or under any Loan iAatsument os otber agreement or aay lawa aow • ., .-,,.�:.�°_•
<br /> �'��'='�, �: � �• ' or heresfter in Yorce, notwithstaudirig aome or all of the snch ia8ebtedaeee
<br /> -f�:'�;'" `�' and obligations aecused hereby may naw or heseafter be otherwise secure8. �. ;: � .�'`�
<br /> :��`!�` ' � , �`;':, whether by mortqage, deed of trust, piedge, lien, aseignment or otAerwise. �
<br /> � � ,. ; ,.::.•�' ;�.
<br /> �����:'� � . . Neither the aaceptanae o4 this Deed og Trust nor ite enPorcemeat whether by ..- _ _
<br /> ',y.:;t;; ' � .� -
<br /> qf,:-, :...,„ aourt aation os purauant to the power of eale or other pawore hereir► :
<br /> �n�K .._ coatafned, shall preju6lae os in any ma»rier aftect Trn9tee'e or eeneficiary'e � •
<br /> :a:�'" ' . � ' right to realize upon or enforce any other security now or hereafter held bp . �•''
<br /> ':,....,..
<br /> ��' ��:'.•� � • � • Trnetee or 8eneficiary, it being agreed that Trustee and 8eneficiary, and each � :. '�
<br /> "���;': �� . . oY them, ehall be entitled to enforce tbia Deed oP Trnet and any other .
<br /> ���',. . eecuriey now or hereaf�er h�ld by Berseficiary or Truetee, in such order and
<br /> �`' ' • � maAaer as they or either of them may ia theis abaolute diecsetion determine. „ .
<br /> .t: -,.. .
<br /> y�,� ,. � Nv remedy herein conferred upon or reserved to Truatee or BensYiaiary ia •
<br /> . --�'�-. � . • �.� inteaded to be exclueive oF any other reme�dy herein or by law provided os •
<br /> :� �•:. � petmitted, but each ehall be cumulative and ahall be in addition to every
<br /> '1�._�,. � ' other remedy given hereunder or now or heresYter exiatiag at law or in equitiy ��
<br /> £'�- ` � or by Statute. Every power or remedy given by any of the Loan isfstrumeate to ,
<br /> .�,•, .,`; , •
<br /> F.� .,,< • Truetee or Beneficiary or to which eith�r of them may be otherwise eatitled, .
<br /> 1: �t. � may be exercised, coacurreatly or independently. Erom time to ticne, and ae , •
<br /> ��� �-- - '--- oPten ae may be deemed expedient by Tsustee os Bene.`ic:arp; and either of *hc±m = __---
<br /> `.t,.. . •
<br /> ' may pursue inconeistent remedies. Nothing herein ehall be conetrued ae _
<br /> �.' ., prohibiting Senefieiary from seekinq a deficiency judgment against the Truator
<br /> i �.. , . •
<br /> • , to the extent euch action ia permitted by law. .
<br /> .•�:C�!.'.-.:. .. . . .. -� � .
<br /> 3`' � 13. REOUEST FOR NoT:CE. Truator hereby requeate a copy of any notice
<br /> �+��� . ' of default, and that any notice of sale hereunder be mailed to it at the . �
<br /> .;:.�.._ . . -; . .
<br /> :•�� „ . � addsesa aet Porth ia the first paragraph of this Deed of Trvat.
<br /> �,r ,... � .
<br /> •• • • 14. GOt/ERNiNa LAW. Thia Deed oY Trust ahall be governed by the lawa oY
<br /> •�'•� ��_: .• . • ,! the State of Nebraaka. In the event that any provieion or clauae of arry of the .
<br /> ,f'; ::�'' • 1 Loan Inetrumenta conflicta with applicable laws, auch conPlicta ehall not
<br /> a"���': � �,� afFect other provisiona v'_ euch I.oan Inetrumenta which can be given ef£ect •
<br /> �°� ` � � without the confiicting proviaiona� and to thie end, the proviaione of the C �
<br /> " ' � ..
<br /> _='—`-- � �' - � Loan Instrumenta are declared to be severable. Thie inatrument cannot be _
<br /> „�;�;:. .�, � • waived, changed, diecharged, or terminated orally, but only by an inetrvment �' ,� ;
<br /> ' in writing eigned by the party againat whom enforcement o£ any waiver, change, ! • .
<br /> .'� � �. . � discharge or termination ie avught. •
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