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<br /> • (B) Any failure on thC part aQ the Tru�tor to meat tha repayment tarms in respact to the Loan Qgreement end eny -
<br /> ` othar ad�rences undsr this Qead o4 TruBt harQOy secur�ed;ertd, °��``.
<br /> � � � � (C? Any�:tion by the Trustor ppahiWtes!by tha tsrma of ths Lc�n Agresment or this�eed of Trust or any taiiure of �
<br /> �� � tho Truatgr to�ct es required by the Loan Agreameni ot tltis Qesd of Trust,esch of whtch Trus3or hareby agreas T
<br /> � � ? hava en adverse e�tect cn tho Banafictary's security tcr Yhe line af credit establistsed and tha �ighta of tha
<br /> ' ' B�nefictary in such security. �`'
<br /> _� ! �;z=:'
<br /> � :;cs.�"' end upon the hap�anfn�of any suah event of datault,BenBHciary may de�tare ali surrts seourad hsraby immsslieief�t =--
<br /> "�,.� :s�: Qu�end payehla by deliver 4o Trusteo of v�rtteen declaretion of default. The Trust�e sha(1 have the power of sale of �x
<br /> . �::.:
<br /> tha Pro�srtV,end if�enaflctatg►desira8 tP�e Froperty to be sold,it shail deposit with Trustee this Osed of T�ust and e11 �i:.
<br /> � promtasary rtates and doauments evidonetng ex�anditiates ssau�ed ha�eby�nd shall dsllver to Trustee a�vritten rtotice �-
<br /> of defauit nstd elacttan to cause tito Rroparty to be sold, and tha Trustee M tum shail prepare a rto3tao in the torm _
<br /> t required by tav�r.which sha{1�e duty ftlad tor racord by Trustee. . �°+�
<br /> � ,��I (A) After the tapse of such timo as mo�/be required by lew following tPte reco�dation of said�otice of defauit,and _
<br /> rtotice of defautt and rtotIce of=sate havin�Daen given as required by law,Trustee,without demand on Trustor,
<br /> �. shail setl the Froperty on ths c�ate and et tAa dme end ptace designatsd in said nouce of sale,tat public suction to
<br /> �' the highest bIdder, the purchese PrF�peVabla tn Iawfuf snoney of Eho ltnited States at the ums of sale. The _
<br /> � ,��, psrsan conduct(ng the saie may,for any cause he daems exgedien4.�sasP�arte the sale from time to time umil it
<br /> #� shail Ise cximpleted and,€n every such case, notice of pastponemeng st��:!@e givan by public dedaration thereof
<br /> � ��r by such person at the time ertd place last ap�ointed for tha sate,provi�ec�,€f�*o cate Fs pos4portad for longer than
<br /> ' onat7�day bayan�tha day d6�gnai�In the notIc�of s�fe. notice ther���.��`1 tsa 9iven In-ih�same mannar as _
<br /> " � - '' - the origir►al notice ot sale. Trustee ahall exacute artd detiver to the purc?��a�r i�s�¢�d conveying the Proparty so
<br /> sold,but v++itttaut e�dy covenant or warrar�ttp�exPress or implied. TI?e raea�s fn�`+.s dead of a�y metters or ecis
<br /> �� sha!!be cartcfusive�roof of the uuthfulrtess Ynereof. Any parson,irt�a��g Benaf�ci_rY.may purchaso at the sale.
<br /> tB) When T�ustee selts parsusnt to tP�e paKrers herein,Yhe Tnigtee shall apply the�te�ceeds of ttte sele to paymern
<br /> � of the costs artd expenses oi exercising the power of sale and of the sale,inctudirtg the payment of the Trustee's
<br /> � faes actuatly incur�ed,which Trustee's fess shail nct in tho aggregate exceed ffie fotlowing amount based upon
<br /> tho amount secured hereby and remainirtg unpai�;5 percentum on the�irsY 81,000 thareoi,1 percentum on the
<br /> • • • balartce thareaf and then to the items In subparagraph(C) in the ard¢e there steted.
<br /> � (Ci A�tar payln�the items specifis�in subparegraph(8)if the sale is by 3'rustee,or the proper caurt and othar ca�
<br /> ' ,. of farec9o&ttro and sale if tho ssis is pursuant to judicial forec��¢sure,the proceetis of sa18 shatl ba epplta�tn tha aa+�at
<br /> � ,;.:.,:�`' statad 4sr$Ta paymont of:
<br /> ' � (9� Cost ofr any evidonce o#title Rracured in conrta�cton v�riYh srlch safe��d of an�revenue stamps;
<br /> � � (t!1 AII sumts the secured hateby;
<br /> '�;�,:. ; � tllil The remainder,If any,¢�the persa�o tegaQy entitted therava.
<br /> �-:� ' . �g. putles a�d�bligations of't�tutees, (a) Ths dutIes and o6li�ati�.r�s of uu�tee shali be determirted EofeSy by
<br /> ��.• t1�e express�rovisions of this Desd of Trust,and Trustee shail not tre liabl8 except for the psrformance of such duties
<br /> .,�,
<br /> and ob9i�attor�s as are speciftcalSy sot forth herein, and no implJed cov��ants or obiigatIonn shall be imposed upon
<br /> : � w' '=..,,,s Trustea; (b) No provisIons of this DaEd of Trust shaU re�uire Trustee t�cacpand or�isk its own furtds,ar othetwiss
<br /> �'"a'=•�==���'�' irccur any financtal abligetion in the pe�ormance of any of its duties herc��der,or tn tho exerciss of any of ita rtghto
<br /> :�:F�����';� �t pawer,if it shafl have gtounds far Csallevirtg thet the re�aymont of sscn funds or edoquate i�damnity againgt such
<br /> _-::,,:,������� r;sk or lis�iL�4y is not reasanably assur�r3 to it;(c) Trustee mcr cx�nsult with counsef at.i�own choosing and th�odvice
<br /> �;.T,; �af such counsel shail be full and compiete authariz�tian��d�.rrtectIon in the res���s:�?any aadon taken or su`rfisrad
<br /> -°�'���:;,; i�y it hereunder tn good taith and reltance thereon;(.r�� Tru�33'�hail not��Iy�le for an y acttun tak�n by it in good faith
<br /> -��`��r''.'''� and reasonably believed by it to be authorized or w3th3n the�'.scretio�s aa'ri434:ts ehd�Z++vers conferred upon it by thts
<br /> :..r•'='::•' Qe9d of Trust.
<br /> • - �'x� � 14. Addttlon�l Securtty lnstcutisc9nts. Trustor, at its e3<ri��sa. will exeaute and�Sc+'iver to the Trustee,promptiy
<br /> :��,,�;..
<br /> - upon demand,such sacurity ins�uarnants as mey ba required�j�'�:rusiee,in form and�:��st�ance satisfactory to rustee,
<br /> -t��a�.:�,
<br /> ' " �r� � covsring any of the Rra��t4y c4z�+�',�d by this Daesf of Trust,which seca�siiy instrumants sha11 be additional secutity
<br /> �'='-'�"�"` far Trustor's faithful �arman� of all of tha terms, ccvenant: an�: �nditions of this Deed of Trust, the Loan
<br /> '���'��` ° � Agreamens,rny promissory notes�aured hereby and any othaT�cs,�ci�y:nstruments caxecutsd in connection wlth thls
<br /> -...�IAlli'a �,'
<br /> - �.5�. �,��.:`.� �
<br /> :'; �y: : . uan�acti¢n.. Such in�uumonts st�s�i5 be�ecorded or ftled,and c���orded and refil��l,.at Trustor c expense.
<br /> - ' 15. F::xcellaneous.
<br /> � � lA) In tho eveM erry one or mure of tho provlsions contairt� :n t?�o P2eed of Trust, or the Loan Agresm9nt or any
<br /> ' pr�missary note, or any other sscurity instrument given im cenneetiare with this transaction,shatl for any reason
<br /> • ' � to bo held to be irnalid,tllepal or unentorceable in any rw.�sect,s�ch invalIdity,itlegality or urtentorceability shalt. -
<br /> • ai tho optian of Bene�ciary, not affesct any other provisia+t•w'thls Oasod of Trust,that this Qeed of T�ust ahoil be
<br /> construed as if such invafid,itlagal or urten2orceeble pra�sirl�n hafl rtevur been contairted herein at tharetcr.
<br /> ; (g) Thls Casd of Tru�t shail bs cansuued accardin�to the tawa of tho State of Nabraska.
<br /> °• (C) the Deed of Trust shufl inauro to ertd bind the heirs,togatees,devisaa�,administratora,executam.succossoro end
<br /> ' assi�ns of tho partios hereto.
<br /> .' �=-4� Y (D� or ttssasaments hlIch mey bo�lsvpod agag nst ho Tru�taQ av Q nofic ary orthoa�sg f•hogder of t e Loan�emont
<br /> • • on ac�ount ot the indabtedne�s evtdence thereby.
<br /> - (E7 Whonovar used harain,tha singular numher aha11 inciude tho piural,4he piural,the singuler,the uss o4 any gender
<br /> • chaq�o epplicable to afl g�ndars, and the term 'Be�neficiary'sha11 inctude eny psyea of the indebtedness hgreby _
<br /> � sscured or eny transfer thereaf,wrhethar by operetion o91aw or otherwise. e
<br /> ' � 16. Succassor'�n�stt�• Benaficiary may 1rom time to ttme substitute e succe.sor or succes�ors ta eny Trusteo -
<br /> . - • nama�hereln or acting hereunder to executo thls Yrus�4 Osa�. Upon such appaintment and withoat corneyance to _
<br /> • the s�tcCassor Trustee,thfl tatter shall be vested with e1!titte, powerc and dutias c�nierred upon any Trustea harein
<br /> ,' , namEd or actirtg hereurz6er. Efts:such appointmont or svbsti2utton shaJl be made by�vrit4en instrument by Benefictary,
<br /> ' i containing re4crencs�to titi�Qscd of Trust art�ite pi�cs of recflrd,vvhiah�vhan recorded in tho offico of ths 6tegister
<br /> ! �f��!s t�?tht�e�unty ar cavntios in which said OroDerty is situatetl,�hatl tra conclusive preaf of propEr appainunant
<br /> ' . � � of thQ succfl.sor Trustaa. Tha foregoIng pawer of cutostitutian artd tho proCe�vro tharoforo shat!not ita oxciusive oi
<br /> -• 4 D1£3� CoH-3
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