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<br />to. REMEDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them. shall be entitled to enforce payment and performance of any
<br />indebtedness or obligations secured hereby and to exercise all rights and powers under thisT'rust Deed or under any other agroement executed
<br />In connection herewith or any laws now or hereafter in force. notwithstanding some or all of the such indebtedness and obligations secured
<br />hereby may now or hereafter bit otherwise secured, whether by mortgage, trust deed, pledge. hen assr4nmonl or otherwise Neither the
<br />acceptance of this Trust Deed not itsentorcement whether by court action 0i pursuant to the power of sale or other powers herein contained. snarl
<br />prejudice or in any manner affect Trustee's or eeneficiary's right to realize upon or enforce any other securitynowor hereafter hetdby T(usteeor
<br />Beneficiary, it being agreed that Trustee and Benefrrtary, and each of them. shall be entitled 10 enforce this Trust Deed and any other security now
<br />or hereafter field by Beneficiary or Trustee in such order and manner as they or either of them may in their absolute discretion determine No
<br />remedy hereinconferred upon or reservedtoTrustee oraeneficiary is intendedtobe exclusive of any other iemedyherernor by law provided or
<br />permitted. but each shall be cumulative and shall be in addition to every other remedy given hereunder or now of hereafter existing at law or in
<br />equilyor by statute. Every power or remedy provided under this Trust Deed to Trusteeor Beneficiary or towhrcheither ofthem may beotherwise
<br />entitled, may beexergised. Zottrufrently Or independently, from tlmetotrme and as often as may be deemedexpediant byTrusteoor Beneficiary
<br />and either of them Wer;iunue inconsistent remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency
<br />judgment agamsf the Trustor io ilia extent such action is permitted by law.
<br />11. TRANSFER OF THE PROPERTY; ASSUMPTION. 11 all or any part of Ilia Property or interest therein is sold, transferred or otherwise
<br />conveyed by Truslor without Beneficiary's prior written consent, excluding (a) the creation of a lion or encumbrance subordinate to this Trust
<br />Deed, (b) atraosfer by operation of law upon Ihodeath of a Trustor who Isa joint tenant or (c) the grant of any lessehold interest of three (3) yearsor
<br />loss which does not contain an option to purchase, such action is a breach of this agreement. and Beneficiary may, at Beneficiary s option.
<br />darlate all th(tgums secured by this Trust Dead to beimmedlatelydue and payable, provided, further. this Trust Deedmay, at Beneficiary's option•
<br />berf stared immediately due and payable, it (1) Trustor is a partnership and any interest In the partnership is sold or assigned by any means
<br />v�it,r>t never. or (2) if the Truslor is a corporation and a transfer of the majority stock ownership interest in the corporation occurs, or the Trustor
<br />0ive -7rat ?on rrrrerg'os in any form with another corporation or entity. Beneficiary shall have waived such option to accelerate it• prior to ilia sale.
<br />transfer or ctv; Ynh3nce, SonefWary and the person to whom the Properly is.ln be sold or transferred reach agreement in writing that Ihe• cr edit of
<br />such person is sahstactory to Beneficiary and that the interest payable on thes umssecured by this Trust Deed shall beat such rate as Beneficiary
<br />shall request.
<br />12. ACCELERATION UPON DEFAULT; REMEDIES; SALE. The failure by t`eiruwtor. 4o make any payment or to perform any of the terms and
<br />conditions of tfi,.LTrust Deed, or the terms and conditions of the Note, or any renewals, mzilt"rcations or extensions thereof, or the failure to make
<br />payment of and amer indebtedness, prior or subsequenito this Trust Deed, an-4 secured by this property, or the death of one or more Trustors shall
<br />be a breach a,td''lefault of this Trust Deed andthe Beneficiary may declare a crefault and may declare all sums secured hereby immediately due
<br />and payable andthe same shall thereupon become due and payable without presentment. demand, protest or notice of any kind, provided. Trustor
<br />shall have any statutory right to cure the default before any notice of default and demand for sale may be delivered to the Trustee. Thereafter.
<br />Beneficiary may deliver to Trustee a written declarationot default and demand for sale. Trustor agrees and hereby grants that the Trustee shall
<br />have the power cf sale of the Property and if Beneficiary decides the Property is to be sold it shall deposit with Trustee this Trust Deed and the Note
<br />or notes and any3ther documents evidencing expenditures secured hereby. aed shall deliver to Trustee a written notice oldefault and election to
<br />Causethepraper,. ptobe sold. and Trustee. in turn. shall prepare a similar rtet a in the form required by law, which shall be dulyf iledfor record by
<br />Trustee.
<br />(a) After lhofapiea`su hlimeasmayberequiredbylawfollowingthorecordatroatofNoliceofOetault .andNoticeofDefaultandNOtice+
<br />of Safe having been given as required bylaw, Trustee, without demand on Trustor. shall sell the Property, if not redeemed. in one of '
<br />more patcels and in such order as Trustee may determine on the date and the time and place designated in said Notice of Sale, e
<br />public auction according to law.
<br />(b) When Trustee sells putsuanitothe powers herein. Trustee shall apply the proceeds of the sale to payment ottris costs ancrexoti-n-stirs
<br />of exercising the power of sate and of the sale. including, without limitation, attorney's fees and the payment of Trustees Fees
<br />incurred, which Trustee's Fees shall nol in the aggregate exceed the following amounts based uponthe amount secured hereby and
<br />remaining unpaid at the time scheduled for sale: 5 percentum on the balance thereof: and then to the rlems in subparagraph ;c6 in the
<br />order there stated.
<br />(c) After ipaying the items specified in subparagraph (b), if the'sale is by Trustee, or if the sale is pursuant to judicial foreclosure, the
<br />proceeds of sale shall be applied in the following older:
<br />(t) Cost of any evidence of title procured in conneafiv.n with suzh sale and of any revenue transfer fee required to be paid.
<br />(2) Ail, obligations secured by this Trust Deed:
<br />13) iiinior trust deeds. mortgages, or other hentio!ders:
<br />(4r Tire remainder, it any, to the person legally em(Ced tnerarr•
<br />13. APPOINTMENT OF SUCCESSOR TRUSTEE. Benefic:ary may. from time to time, by a written instrument executed and acknowredged by
<br />Beneficiary, mailed to Trustor and recorded in the county or counties in which the Property is located and by otherwise complying with the
<br />provisions of the applicable laws of the State of Nebraska substitute a successor or successors to the Trustee named herein or acting hereunder
<br />14. INSPECTIONS. Beneficiary, or its agents, representatives or employees. are authorized to enter at any reasonabletime upon or tnany part
<br />of the ProperlyCorthe purpose of inspecting the same and for the purpose of performing any of the acts it is authorized to perform under the terms
<br />of the Trust deed.
<br />15.OPTIONTO FORECLOSURE. Upon the occurrence of any breachand upon the declarationoldefauit hereunder. Beneficiary shall havethe
<br />option to foreclose this Trust Deed in the manner provided by law for the foreclosure of mortgages on real property
<br />16. FORCISEJ.aRANCE BY BENEFICIARY OR TRUSTEE NOT A WAIVER. Anyforebearance by Beneficiary or Trustee in exercising any rignt or
<br />r rnedyhereunder, orotherwiseaffordedbyapplicablelaw. shallnotbeawaiveroforprecludetheexercise -ofanysuchrightorremedy Likewise
<br />the waiver by Beneficiary or Trustee of any default of Truslor under this Trust Deed shall not be deemed to be a waiver of any other or similar
<br />defaults subsequently occurring.
<br />f 7. BENEFICIARY'S POWERS. Without affecting or releasing Ina liability of the Trustor or any other person liable for the payment of any
<br />obligation herein mentioned, and without offbetrngthe lien or charge of -11m; Trust Deed upon any portion of the Property. Beneficiary may. from
<br />timeto time and without notice atthe raquelnt'etone or more Trustors, (t) i olunse any person liable. (ri) extend or renew the maturity or alter any of
<br />the terms of any such obligations. (ifi) grant other indulgences. )iv) release or reconvey. or cause to be released or reconveyed at any time at
<br />Beneficiary's option any parcel or all of the Property. (v) lake or release any other or additional security for any obligation herein mentioned rvi )
<br />make settlements or other arrangements with Trustor in relation thereto All Trustors shall be jointly and severally obligated and bound by the
<br />actions ol'ltie Beneficiary or any one or more Trustor as stated in this paragraph
<br />I S. ATTORNEY FEES. COSTS AND EXPENSES. The Beneficiary of this Trust Deed is entitled to the payment of attorney s fees costs and
<br />expenses ac provided in this Trust Deed. except as otherwise prohibited by law
<br />t4. RECONVEYANCE BY TRUSTEE. Upon written request of Beneficiary and upon payment by Tirrstor of Trustee s fees Trustee snail
<br />reconvey to Trustor, or the person or persons legally entitled thereto. without »arranty.anyporlionofiti(i Pioporiytltentt()idheret.rder Pec:tals,n
<br />such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be
<br />described as ' the person or persons legally entitled thereto
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