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<br /> �:� (b) Commeace aa aetion to forecloas ti�is Deed o� Trnst aa a mortgage, 4 �
<br /> `? � . ^; appoiat a receiver, or epeeifically enforce aay of the coveaaats hereof� . s `�Y.
<br /> -• ` '_,_6 .r.i. . 5� .c _r a.
<br /> i"�, - ' � (c) Deliver to Tsaetee a writtea declaration of defauit and demand for � f;< ::
<br /> � �'' eale, and a wrftten �aotice of defanit a:ed electioa to caues Trustor•s iatEreet K , ,___
<br /> � - ia the Truat Bstate to be sold, whicb aotice Trustee shall cause to b� duly � .-t
<br /> ;F,�� ��- � , filed for recosd i.a the appropriate Officia2 Records of the Connty !,a which � _
<br />__ = - -_ -- - t!!s �at Bstate is located. � .� _-- - --
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<br /> �^��� 21. F���'-��� � �� 08 SALB_ Should Beaef iciary elect to � �, ',�•��i
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<br /> ..,,�� ;, foreclose by exercise of the Power of Sale herein coataiaed, Ssuef icisry ahall ,� .:: '.
<br /> '.�' r!';' �.ti. .• '- '�`�-� aotif Tzustee and ahall de osit �ith TsUatee thie Deed of Trust and the Note �
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<br /> .-� ,�: 4.: ��', aa8 eucb recefpte aud evidence oE enpeaditstsea made aad secured herebY as � ��•:;`� ,,,`
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<br /> }�. ��> -.,,,�; -'";' (a) IIpon receipt of such notice from Beaeficiary, TruBtee shall cause � u ,, ,
<br /> - ,r- to be recor8ed, pubiiehed aad delivered to Trnstor auch Notice of Default aad � � .'
<br /> �- Sf " - Yl- -- . ..
<br /> i . �` . <s' 2lotice of 8ale ae theu sequired bp law and by thia Deed of Traet. Trustea � �
<br /> _, -.�.__.:.�
<br /> � j;�:.; : :.:;,` . ehall, withnut demand on Truetor, after encb tims as may then be required by :;:.,r`•='{;-
<br /> , � �.`.. iaw and after recordatloA of such Notice of Defaait aad after Diotice oY Sale _ ;
<br /> �. �il'..,-� "�' �` }iaving beea given ae reqnire8 by law, sell the Trust Bstate at tlte tfine and -_
<br /> ��- place of sale fixed by it ia such Notice of &ala, either as a whole, or in " t
<br /> � `��� °�� separate lota or parcels or items as Trustee ahall deem expedf.eat, and ia such ;� _�
<br /> �# ` Yr<4� order ae it may determine, at public auction to the highest bidder fvr cash, ��.•
<br /> "} 4 ia lawfal moaey of the IInited States, payable at the time of aale. Trustea :� ���
<br /> `'. �� :`. °-..,```.-��'"_� shall deliver to auch pnrchaser or purchasers thereof, its goad and sufficieat _ =.`�-.._�:��:,
<br /> ��' �.
<br /> �4s£' deed or 8eeds, coriveyiag the property eo sold, but without any covenarit or -..z,t
<br /> � „�• , „ warranty, c+xgseas or implied. The secitala i.a such deed of any matters or
<br /> k;��,,f, , -� . . - `r� gaCE9 ehall be aoaalusive proof of the tsuthfulness thereof. �Y, ��a, � '-: �s
<br /> •',,>�x`:, � . �.::�� iaaludiaq. withou►� limitatioa, Tru6tor, Trustee, and Heaefioi purebase -
<br /> .. .-..�_. __:_..:;A,::.. 8t such ea1e, and Tz'u$tor lsereby covenante to warraat and defe�a8 the title of ;,'� `.�
<br /> � ' �- suah purcbaser or purchasers. •
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<br /> �� " �b) As piay be patmitted by law, after dedssctiag all costs. teea,
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<br /> � �� '� ex�enses of Truatee and oE tbis Trust, iaciuding casts of evidence of title in `� .:��
<br /> ' �?�' ��``` conaeation with eale, Truatee ehall agply the proceeAs of sale to paymeat oi � =
<br /> � .= . ..;"ir� (i) all aums expended under the terms hezeof, aot then repaid, with accrued •":�
<br /> �� interest at 12 percent ger annum. (ii) all other gume thea secured hesebY. and fA: yi.
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<br /> ;;• �•,. . � , (iii) the remainder, if any, to the person or perBOAS legally entitled _� . r•�::
<br /> - „�: : " - theseto. �'•� .;`:.
<br /> . A,S�`,; • , � �. . , (c) Trustee may, ia the manner psovided by law, poatpane eale oY all cr '�
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<br /> �; ?•,:; : . . ,, :; aay portion ot the Tsustee 8state. .
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<br /> f t .�;. . `.';l 12. R-�►�BDIES taoT L-�SCLOSit�• Trustee and SeaeFiciasy. and each of them,
<br /> 4.,..
<br /> �"t'���'• ' ehall be eatitled to eAforce payment and pestormance of any iadebtedaeea or ,
<br /> '.!�;�-�;',. � .
<br /> ; ,: .. obligations secured Aereby aad to esercise all rigbta and powere nader thie
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<br /> Deed of Trust or ua8er any Loa� ZnetrumeAt or other agreement or ai►y lawa now .;";
<br /> •�� -5 � or hereafter in foree, aotwithstandiag some or all cf the auah indebtedaese .�, „ .>
<br /> ,�. o� � � � aad obligatioas secured hereby may aow or hereafter be otherwiee secured, •
<br /> `'�'" whether b mertgaqe, deed of trust, ple8ge, liea, assiqnment or otherwisa. �"' '
<br /> fr; .• � , , � - Y -:.:- -
<br /> _} ;.. - Keither the acceptance of thia Deed of Trust aor ite entorcement whether by
<br /> '���:�;��: ' . • court action or pursuar►t to the power o£ eale or other powera hereia ,
<br />_ ;'�, �;•. • � •� .' ��� coatained, shall prejudice or in a»y manner affect Trustee'e or Benefiaiary'e
<br />- � • � • , siqht to realize upoA or enforce any other aecurity aow or hereafter heid by `,• '�° '
<br /> `�-�'��� � � � Trustee or Seneficiary, it being agzeed that Trustee an0 Senefiaiary, ead eacb
<br /> ', '..�+ oP them, ehali be e»tit2ed to enPorce thie Deed of Truet aad any other �
<br /> �' `�� • ,; „� secusity aow or hereafter held by B�saePiciary or Tsuatee, in euch ordar en0
<br /> :'��:�'��� . . • � r: maAner ae they or either of them a�y in their abaolute diecretion detesmiae.
<br /> ��z�� -%:� � No reme8y hesein conYesred n n or seserved to Truetee or Beneficiary ie
<br /> .�,��i�;� � intended to be excivsive of a�i�y other remedy herein or by law provided or ��,',-
<br /> `:j°�::•:� � . . � � permitted, but eacb ehall be cumulative and shall be in adclitioa to every
<br /> •�r������ other remedy qiven hereunder or now or hereafter exiating at law or in equity ...���
<br /> ' �-;�;�. , ,• . _, I or by Statute. Every power or remedy given by any of the Loan Inetrumente to •
<br /> �t�'� ' • Trustee or BeneEiciary or to which either of them may be otherwise entitled,
<br /> --:�� ' —�; maf De er.srcised, concarrently or independently, Ysom time to time, aa9 ae _____
<br /> -•�::.�? � � often as may be deemed expedient by Truetee or Sensficsaryt and either o# tnem - -
<br /> may pureue inconeietent remediee. Nothing herein ahall be conetsued ae
<br /> �`�.� - ' � prohibitinq Heneficiary from seeking a dePiciency judgment against the Trustor ,.�. � `•
<br /> , '�`., � Lo the exteat euch action ie permitted by law. •
<br /> .e .::�• � •
<br /> � 13. RFeUEST �OR NOTICE. Truetor hereby requeete a copy of any notica •
<br /> � :�,:' `-,��„'� , ' ; of default, as►d that any notice of sale hereunder be mailed to it at the
<br /> ° "-'�' ' addreae aet forth in the firat paragraph of thie Deed of Trust. �
<br /> �: ..; • . • � .. .
<br /> �s �' � . •; � 14. GAVERNIPIG LAW. Thie Deed oF Truet ehall be governed by the lawe of
<br /> ,� `, � the State oY Nebraeka. In the event thai any proviaion or clause of any of the .
<br /> ,'�.•� . � Loan instruments conflicts with applicable lawa, auch conYlicts ahall not
<br /> �X`•�` ' ; affect other provieions ot such I•oan Instruments whinc �an be given effect �
<br /> • without the conflicting provieiona; and to thie end, the provisiona of the .
<br /> f� � Loan Instruments are declared to be severable. This inatrument cannot be
<br /> "` • waived, ahanged, discharged, or terminatad orally, but only Dy an inatrument
<br /> . ;:. .. , � ..'
<br /> "�• . in writing aigned by the party against whom enforcement of any waiver, rhange,
<br /> �;{�':;; . diecharge or termiaation is sought. .
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