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<br /> �,:� : - 11. Remedies• Acceleration II on Default. : �..
<br /> �``�;<�=`.�.E�' -���` Event of e au , n er may, wi ou no ce, except as required by law, -'. l4 (. :
<br /> � 1 . _F:.._�r
<br />--_.?�. ,;.�� .� _ declare all indebtedness secured hexeby to be due and payable and the same .._.�r
<br /> � ° � � � shall thereupon become due and payable withont any presentment, demand, �`_�F,..,:;_::.',..
<br /> �. , . ,_. •.�,: ;
<br /> �- � ;�;;, protest or notice of any kind- Thereafter, Lender may: ,.�-; •
<br /> � E - .,.
<br /> � � ..`.:-�✓ �_��`_ � (a) Deutand that Trustee exercise the POWER oF SALE granted �j `�
<br /> � ` � `� herein, and Trustee shall thereafter cause Borrower's interest �_'` �
<br /> w , ` 4�:.a ,:,., ...t.
<br /> �� -;. �,- � � . -=�. in the Property �o be sold and the proceeds to be distributed, �
<br /> ��� � s all in the manner provided in the Nebraslca Trust Deeds Act; �y���
<br /> � �, - :.
<br /> �` ' ` `� (b) Exerctse any and a21 riqhts provided for in any of -
<br /> i v G:' '
<br />':'�;;�.•�f- . ' . � . .. .. I` .
<br /> .�i.� the Loan Instruments or by law upon occurrence of any Event oY .•�,�.
<br /> � .r �. Default; and ''' �� �
<br /> '�"� _ ` (c) Commence an action to foreclose this Deed of Trust _
<br /> ` �:,�'.
<br /> .,_.fµ._:
<br /> 4 ������ as a mortgaqe, appoint a receiver, or specifically enforce � �
<br /> t°- .��� �
<br />�.�A, � _ ' `<.� any of the covenants hereof.
<br />_�'T. .. . `����� /�...
<br />_.� `` ` � .�...,•.�� '..i:=;t__.:.
<br /> � No remedy herein conferred upon or reserved to Trustee or Lender is � ;.�
<br /> ,���::��, .. .: � '�`��i intended to be exclusive af any o�aher remedy herein in the Loan _ �-�-.`
<br /> } � �•. � ' "f• Instruments or bp law provided or permitted, but each shall be cumulative, nfi��E,.`
<br /> ��� `�_ � �' ' � � shall be i.n addition to every other remedy given hereunder in the I►oan 4�. ��
<br /> ' ��' � Instruments or notv or hereafter existing at law ar in equi�y or by � � �•F
<br /> ,�d� ' . , ,.y
<br /> .�r-;;, .,�. , • statute, and may be exercised concurrently, iridependently or successively. . ..f;�,::"
<br /> � 12. Trustee. The Trustee may resign at any t�me without cause and �4 _
<br /> �t;. .,: -. .�, �� , - yp.nder m�a any time and without cause appofnt a sucaessor or subst�tute
<br />� � '= �• - Trustee. Trustee shall nat be liable to any paricy, including, without � >•_ �:�:-
<br /> .���,```' � ' � � limitation, Lender, Borrower or any purchaser of the Property, for any , :.�����,`�:
<br /> ti:.::..,. �.: :;;•-
<br /> C..`< �' � loss or damage unless due to reckless or willful misconduat, anc� ahall not ,_��'�_,_., ,__
<br /> `��' � be required to take any action in cor�nection witb the enforcement of this _
<br /> s�.. .
<br /> .�-����, ` Deed oP Trast unless indemniPied, in writing, for all costs, compensation .:;;
<br /> " ? • � or expenses wbich may be associated therewith. In additian, Trus�ee may
<br /> `�'' � ' become a purchaser at any sale of the Property (judicial or under the '��'
<br /> � .,; � � • power of sale granted herein) ; postpone tbe sale of all or any portion of �� , .:
<br /> •���, `- � ���r ttie Property, as provided by lawi or sell the Property as a whole, or in
<br />°�_�:`..' ° . �� �� �� separate parcels or lots. .
<br /> rr', ,•. r�-..
<br /> . ` � � � "� Fees and E�menses. In the event Trustee sells �be Property by . . •��
<br /> �'::'. � 13.
<br /> `-"��� exercise o power o sale, Truatee shall be entitled to apply any sale ,
<br /> ���.�--� „ . proaeeds first to payment of all costa and expenses of exercising power oP :
<br /> ;.:,;:..
<br /> ;�,i�F•� , � S�IA� including all Trustee•s fees actually incursecl. In the event �b :
<br /> ��•'.�� . . Borrower exercises any right provfded by l.aw to cure an Event oP Default,
<br /> �` '-� � � �� Lender shall be entitled to recover from Horrower all costs aszd expenaea
<br /> ``;.�: .
<br /> actually incurred as a result oY Borrower�s default, including, without
<br /> �=`'':„�.a- , � . limitation, all Trustee's and attorney�s fees, in the max{mum amount �
<br /> ��"'ti �� . bgloentitledato anreinstatement tfeeeofntOne Hundredchand No/00 QDollars . � � �
<br /> � '; '' . ..
<br /> i;''�: ; • � �. (SsoO.00) -
<br /> .�._�;�,.. . �
<br /> •��, `.; . � � ig. Miscellaneous Provisions; . � .
<br /> �:':�_:�':, � �. . . .. ! (a) Borrower Not Released. Extension of the time for payment or �
<br /> r�;� .:: • � . � modification o amo za on o he sums secured by this Deed of Trust
<br /> �-=:..: � ' _ � qranted by Lender to any successor in interest of Borrower shall not .
<br /> � � operate to release, in any manner, the liability of the oriqinal Borrower C.
<br /> ��:�.� ` and Borrower�s successors in interest. Lander shall nat be reguired to
<br /> ;;�',',`. .� .' � commence proceedings against such successor or refusa to extend time for � : .
<br /> ;'•��,:' � � payment or otherwise modify amortization of the sums secured by this Deed .
<br /> �;.'°., . i of Trust by reason of any demands made by the original Borrower and . .
<br /> �,:: � • � Borroarer's successors in interest.
<br /> ;_,:_ .� � �� _
<br /> :i.:�' � . � .
<br /> -.;.� � .
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<br /> PAGE S .
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