|
1� � .. , ,:_� �-. �.. _� .' .' . , , . �. � . . --- = � � `
<br /> {�. _' � 6' . .
<br /> �� 1�28-1998 {',�3� � : • DEED GF TRUST Page 4 �
<br /> �,�_ �q��Q�� � �-
<br />=- . �; Loar�No a38t9 (CoMtn�ecn
<br /> __ t� '
<br /> __ . to per�ect end conUnae LsnQ�s sec�iy►hde�t tn tAe Rems and Pwsormt PYCpeRyt. [n add�h'on to reeording this Deed af Tn�st in the real � , ``�.- .
<br /> _��� Pr�e d Y�m Q s.t s�d e r m a Y.a t a n Y tl m e a n d w i t h o u t h u U i e r a u t h o�o n i r o m T n a t n r.fi t e e�c e c u t e d c o u n t e r p a r b.co ptes or c e praducHoaa af
<br /> r,� 8�[s Oeed ot Tn�st es a 6n�dn9 s�temer�t Tnstor sha0 reVrtbu�sa F�nder for aD e�r�ses incurted U�Pe�^9 or eoMln�dng thk se�tyl ,
<br /> tret�t. Upon Qefa�dl.7 F u�O r s n a 0 assemble the Personal R ro A e r t Y in a manner and at a V►�e reasonabry convanler�t ta Tn�sta and Leader � , '
<br /> �a esid make B eve0abte to Lender w3Wn three(3)daYs eRe�reaelPt otvr�ttan�mand from Lender.
<br /> �-.: . .
<br /> �. TAB maiQn9 ad�esses of Trustar(deDtor)and 4ender(secured P�Y}.8om wBfen M►termaUOn�ng the secruih t�e�t
<br /> � ' g z a n l e d b y tt d s D e e d o t T�s t m s Y b e o b f a i n e d(e a d►e s r e q�d r e d t+Y th e U n N a rt n C o mm e c�l a l Code},are as stated anihe first Pa3e ot ttUs Oeed � , .
<br /> :�� , oiTtust . ; '
<br /> i � ,. ,
<br /> � ' tFUAYLifit S33!!RAl�QTiORAlEY-H3-FACT. Ttie toitawin8 Provtsio�reteUn9 to tafher asswances•end ettomey-t�are a PeA ot this -
<br />,:��.. _ .. j Deed atTtust `�-�, - ,
<br /> � - ' Ftaptu�Assur�cea. At asry fbne.and itom tlme to tlme.nPcrt ceQuest ot lender.Tnstar w(D make.�and Qettve�or wID cause to be ,
<br /> ��-�� 3 mact�.e�cvfed vr deIIvmred.to lend�or to 1.endar's desig�s.erid wheo raquesEad by LenQer,causa to be fited r�orde0.�►ed.a � �
<br /> $ cera�d.a3 the c�5e may be.at s�uh U�and tn such o�en0 Ptaces ss Lender maY deem aPP�PAate.eiry and afl such mo�tga9es. ��
<br /> �� tg
<br /> � s deeds o!trusf.�t�,secteilY a9reemenb.6nant�n8 st�►coriunu�tian sffit�merNs.�nstrumeMs ot Auttiet assuranw��. :. , � _
<br /> trus.
<br /> �.. � � end other daeume�as�r.in tlm sala cOiniort of eLenQar.he rm�y or des�raDte irt arder to eHed�te.�►eb�:Perfect.ear�inue,o� • _• _
<br /> � p�serve fa)the o6IIga6arq ot Tnstor under tlfB Note.tids O�d ofTn�st.and Me it�t8�0 Opc�mertts.and lb)the Heas and seeau�yt tntere� `-. -
<br /> ' auity
<br /> �� ; createdGl►9dsDeedatTnalasgrstandpAarU�onthePr�aitS►.whsU��nowowneborhereafteree4��byTnatnr. UNessP�u�bgedh7l
<br /> '� �` � [aw or�ee0 to tAe conb�l bY Lend�tn w�Gng.7n�tor shaII reim0�teader fot eD casb end�cper�incurred tn canrmctlon wf�ifie ° ,
<br /> • � �t18t4�s�tDlp 9�pstB�epA. • � ' � ';
<br /> � qttome}�htFact If Trm�cr faUs tD do sny of t�e Hdt�gs rei�ed b tn U[e preoedtn9 P�SrePh,LanQer may do so tar anC in�e aame af ` �-
<br /> H
<br /> _ . . , � Tnutar and 8t Ynutars expense. For saM D�Pose.s.Tnsta hereby UtavaceDly aPPoirKs Lertder as TnuMr's attamey►-in-tacl tor 1he pmP�se . �e�;<_,
<br /> � of making,moecWng.de,'ivet(rt8.filfrt9��ng,and doing&tl otl�er thhtgs as maY be nece�e�5►a destrabla.in leed�'s sote opiNoe.to :,.;�:.;:
<br /> . _� eaamA�sh the matta�s�etened to in Ute pracedm8 P�9�Dti � �'�-
<br /> � FURL PERFOA6lAHCL H Tnrsta pays a0 tt�InQebtedn�s when due.end ott►ecwlse Pertanns aH tAe oS�gaBOns imposed upan Tngtor undm thls °:'�;�:�
<br /> � � � Oeed ot Trust.LeflQBt Sltsfi exeCUte 8nd deQve►to TrusEe9 a�e4ttesl tor fliD fecomreY�snd shsil e�cuUe sn0 dei�rar M TNStor s�dt8bie . . 4'�:_
<br /> '.. � � ;j ' s�teme�a!tartnfnatian o!arry ftnanctng siatemerd on fite eviQertdng Lendefs�ry intar�t in ih9 Renta and the Pe�sonal PraDerls►• �Y � . �r,
<br /> . , �canveyarta�tee requVed by(aw ShallOepatd byT�tutor.tt Dermfttad bY e.pPBcebie taw '; r_ ... '�t�;
<br /> . t,, � � ..•rr-
<br /> � �AULT. �acA ot the toQawfng,at the op6on o}Lender.ehaA constitutean event of defa�dt('�vent af Oefaul�unQet this Oeed of 7rtat e-
<br /> ¢4--�.
<br /> DetauR on D�Qe�esa Falture otTnstor to me1�ar+y PaYmenf when due on the tndebfeBr�. �;��::
<br /> ; ; ` : � Cefa�dt an Olner Puymef�e. FaIIurs of Tnister wf Wn fhe 9me requir�d by thb Deed of Trust to make anY Pay�nec�t for�s ar Mstuanos,ar '� ' .
<br /> �. t eaY al�er AaYmerd�ecp Uo Pre�►ent 6IIrt8 of ot t0 efCeCt�ct�a�8a of e!131�en. . .. _.��� ��4��-
<br /> �: • 1 �mAIIanw Oofaut� FaIIuce af TnisSor to comply wtth eny omer term.obngaUoa covenant or�ndHOn ca�tne0 tn tNs Oeed ot Tnuu�11�e ?=.-
<br /> , �� � Note or tn a�►y af tAe R�ated Dacumerds. . '�_;:.i.T:�;
<br /> '�'.'•� ,,
<br /> �.;�;_ _ ��. ! �g���.��yon or sE�meM made ar f�u�t�tn�ender[sy w or►behelf of Tn�stor under tAfs Oeed otTnist, '� ���
<br /> ��"�, ' !he NatO ot fhe Re(atad QocumeMS b fa�or misieadin9 tn em►mateAa!�esDeat.eifhet now�et the thne made ar tumished. '�"�j 't '�'°',_:`
<br /> � . Oetecd�a CoIIatera�mttoa This CeeO of Tmst or enl►ot tAa Reteted Oocume�s oeasas to be in fldl torae and efled pndudtng taiture ct amt ' �`,�;.:
<br /> ,�;.,.,.
<br /> �'� ' cro�aleral 6ocumenb to txeal�a va8d and perfeceed secudH hiLerest or Iien)a1 any ttma and tor any reason. . ,r.�,+,--.
<br /> ��S�. � Oeath at(nsoivcnay. The deatb ot?nistm.U►e insotvency at Trustor,(he appohdment of a recetver for any parl of 7n�stots prapeAy.airy � � r�:�•i��:
<br /> ary
<br /> p.... ?;==�?:;.
<br /> ��,,, � assTB�mert far the bensflt ot aeditois.any type af aeditor waicoul.or tha cammencemem of erry Oroceeding und�enY bentwPicY or .
<br /> ' � ' . 6nolvertcy taws by or eS�r�t Trustot. ..:-�-
<br /> '.t4.�: ' _ ,�',-t;
<br /> ;.;,; � . � i Farocto�uro,Forfefture.ota �ommen�ment of tored�ura or tateitura proeeedt�s,w�e9►�r by judida�Procae�n9.sel4�he1D.repo�ession . . ,r--
<br /> � or arry other methoA,by any c�ed'dor of Trustor or by any govemmerrtei ageney against seY of U�e RroD� Hawaver,lhis subsecGen shefl not '- `
<br /> i
<br /> � . � t�oreAtryeiture 0��9 P Qed thaf finstor 9Iv�Le der wr(tten eott�oe or suo�,aim ertd tturnists�reserv��or e stuaty bona�e defm ••,�!'.
<br /> . , ;.;:
<br /> � satisfacto�lltotsnler. � - ;:-;'':
<br /> �•I, •. � :-;
<br /> � • . Btaaet�of Ofher AgreemerA. My bceacA by Tnstor undar the terms ot any other agreemael betwaen Tmstor artd I.ender t�at b not remedted :,� "_
<br /> E:�.. �filhln anY grac9 pedad provtdad there�n.Induding wlthoul umiffiUon arry agreement co�cemin9 eay indebtedness ar othsrabtig$9on of Trusta , . --
<br /> f •r�` � • toLender.vfiethermdsHrtgnoworlater. � � "`:
<br /> .�;�`:. EvetAs Atteatfig Quar�tor. Arry ot the preceding everds oceurs with re5pect to arry Quarantor of any of Ure Mdebtedn�ar eny Querantor ,, ',,:.
<br /> dies m becomss inwmPate�ar.revatces or�sQutes tha vaGQitY ol�or Ilabifity unQ�.enY tiuerent!/of the ladebtsMess. Lender.at ib oOUOn. - . -
<br /> �=,i� . - � may,bN sAe11 not be requUed to.pertNt the C�usrantofs estate to�ssume unFond�fonaDy ths o699adons arLsing unQer the gimr+anb in a
<br /> '� • m9nner gattsfaatory to LenQer.an0.in datn8 so.cure tNe Event of 0efauR. . .
<br /> -i,`� , . tns�udty. Lendertngaadtaitt�aeemsitseutnsecure. . � , �
<br /> '��'' ' p(g}It to Qtro. (!SucA 8(a7ure ts C�ebfe and H Ttustor has not been gtven e no6ce a(a breaCh ot the seme pro�ASion ot tht9�eed a1Tr1�t t
<br /> ;�j l _ ` wRNn 1A0 preceding twetve(12)months.H may be cure0(and no Event ot Cetaaft vr(A dave o0curre�(f TNStor.after Lentler sends wAtten t ,
<br /> '�t no4ce demanQ'mg cure af sucA lsUure: (a)cures tha tatlurs wfttfln twenty(20)QaYg:ar (b)N tl�a cure requtrss more than twenty(20)�ays, �
<br /> � 3�•i• � � ImmedJately infftat�steps sufNctent to eure the taftura and ihereaRer eorninue9 an4 eompReteg ea reaso�abte and neeessaryr step9 suNldern to (
<br /> ''E produce compttance as soon as reascnabry practicaL ! .
<br /> t��., .
<br /> �''''+' � pIQHfB AND REtdED1ES ON OEFAULT. Upon the occurrenoo of any Event ot Oefttutt artd at any tlme Ihereafter,Trustee or LenQer,et fb optton,
<br /> s�. � may exerc�g erry orte or more of the(ottowing dphts and remedies.in aQQiUnn to arry ot�e►rtghb a►rert►edles Provided by 1aw: ;
<br /> '.f�`.. • Aeeotaratfaa upon Cotauli;AQQtttonnt Remedta9. If arry event ot defaNl acu�s a9 per the tem�s o1 tha Nota secuced Asre�y.Lender msy � • •
<br /> �;; deetare stl tndeDtedness secured bythis Deed of Tnist to be Que and payabt�and the same she:t thereupon become due and payable withoul
<br /> . ..;..
<br /> eny presentment,demand,Orotest ar noUCe of any klnd.Thereafter,Lsnder may. ;
<br /> : �: (e) Either In person or by agenf,with or without bAngtng any►aetlon ar proceeding,or by e receiver apPoiMed by 0 couA and v�thoul � _
<br /> ? � ' regerd to!he sQequacY o1 ib security,entar upon and take possesstnn ot the PropeAy.m eny paA thereol,In Its awn nams or in thg name k:
<br /> • ot Trusteo.and Qo any acTS wnich 11 deems neosssery or desiral�te to pr�enre 1he vatue.maricetebifdy or rentabiGry of t�e Property,or paA �
<br /> ?:; o}the PropeKy or Intersst In Ihe Property:increaso the income from thg ProAeriy ar protect Ihs security oi the Prop�rty;and,vtlth or without
<br /> taking possession ot the PropeAy,suo far or otherwtse calteet 1Ae rent9.Issues an0 profib of tho Property,inctuCing ihose pasi dua and G
<br /> ' 3°` unpa�d,and app1Y the same.�ess costs and expenses of opereROn an0 ColleCtlon,to eny InOebtedness securad by lhts Deed of Trusl,a0 in �
<br /> �'{•• such order as Lender may determine. The enterlag upon end teking possesstOn of the Property,the collaction of such renls,�SSUes and
<br /> pro5b,and the eppueatton thereo}shali not cure or weive any defaNt or notice o}detaull under tRls Oeed ol Trust or Invelidat9 any act
<br /> �,��,,;: dane in respons9 to auch Ceta�t m pursuant to such nottce ot default;and.notwith5landing tAe co�Unuance In possession of the PropeRy
<br /> or the coftecHOn,recelpt end epplicaUon ol renis.issues or profib,Trustee ar lender shall be entittod to exerctse every dSht provided tor in
<br /> the Note or the Retatod Documsnts or by law upon ihe occurtence o}eny evenf af detanif,InctUmng the dght to exercise the pawer ol sate; ,
<br /> •* ` (b) Cammence art•aetfon to fareclose thls Deed of Trust es a moAgage,appolnt a receivar or speciflcally entorce any o1 Ihe covenants '
<br /> '; ' hereohand
<br /> �,:."�: (c) Detiver to Trustee a wntten dec�aration tA defaull and demand tor sele and a wr►tten no8ce of delaWt and election to Cause 7rustors ,
<br /> v�,::_i: interest in tne P►operry to be soid,wh,Ch nntiCe Tru5t0B ShBil Ceu59 to be duly flled tOr reCOrd In the flpprOpr�ate offtCes ol t�e County in
<br /> .��, ., wAlelf the Proporty b located:end
<br /> (dl N1�th respect to a�l cr any paA of the Personal Roperty.Lantler Shan have all the nghts and rertred�es of a secured party undot the
<br /> ' Nebt85ka Unitorm CpmmorCial Code.
<br /> Foreslosuro by Powot o}Salo. If Lontler e'ects lo forec�ose by exe�c5e o1 tho PoHer ot Sate ne�e�n contamed.Le�der Shall nohly Trus!ee and
<br /> . sns11 depos�!vrth Trustoe tt��s D59d ol Tiusl and C+e Nota and such reee�pls and evidenco of exFend�tuies mede and socuretl by ih�s D89d oi
<br /> +;. _ Trust as Trustee may repu:re.
<br /> 3:�: ' rni ��.,�...,,,d�t.,����rn nnrcr�,from Lender.Trustee sha'►v�use 10 De reco�ded.puhl�shed an0 delivered to Trustor such Notics ot Defauit
<br /> r= •-• -
<br /> � znd Not�C9 Of Sa:e BS t�en reOU�red by la�u end bV iMS D89d O}TruSt. TruSt99 Sh9�.v�dnOUt tlBmgnU on i rtr�tpr,airer socii in�ro us���n�
<br /> tt+9n be rsqu�red hY�nw end aHer recordaUOn ot suC�Not:Ce of DetaNt en�BNer Not:ce o}Sale�a��g besn g�ven as re4u��ed Dy�3w,se!i
<br /> k �
<br /> �,;� . . - . . . � -. . .� �: _ . • . - ., . . .,
<br /> ._� . . . -1: 'r� . • • , . .ti �•�.F . . .��.
<br /> . . ., ,. •�.. .
<br /> —'�;..:5��__.. . . , . .. . . . . . . . �• . ' . ,. " .. , ,•t� �•� �'y'�., .. . . ._ . �� w. .. . .. . . - .. ' ' i. ,.
<br />
|