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Upon defoult br Truct�►r in tiN paymant of or periormance oi tha tKms ond conditions oi , �»wr�;--- <br /> ' tl�Nots,or onr►an�wab,modifkotions or extensions thereof,or ths poyment oi uny othar indebedness secwed henby or In tho performnoce ,�..�,_� •,;h»��+�=�`___ <br /> ' ot any of tlw conv�nonts ar apreeme�ts her�w�de►.6nneqciay may docla�dl:umi:acwad he�eby immedlately dus and poyoble ad the samn �4�¢ ___ <br /> � slwll thKwpon b�came due and PoYob�wi��PrssentmeM,demand,protost a notice oi any kind.Th�reu(ter, Beneticiary mo�ddiver to _ <br /> � TrustM a writt�n declarotion of defoulf and demond for wle.Truates sholl haw tlw power oi sole ot the Property and i(8erteiicary decides the � ���.�--:_�T <br /> P►op�rty is to b�sotd it shoN deposit wflh Trust�this Oead oi Trost and th�Not�or notes ond any other daumeNS evidencinp o�penditures �.� .+v.-`�:�''4'}�''.�.• <br /> secured INr�by,ond sholl deNver to Tru�tM o writtan natica of deiwH and tl�clion to cause the Property to b�soW,a+d TrustN, in�wn.shc�� L,.- _ <br /> _ �� <br /> � ___._„_. <br /> pr�pan o sfmilor notk�in the(orm nquind b�law whkh sholl b�duly lil�d fa rQCOr y rusteo. _ � - --_ ... <br /> i {0)Att�►th�bps�of such ifm�as mo�b�rRquind b�law folbwinq IM��cordalion ot Notice ot O�lault.ond NoticQ ol Osloult a�d Notue ol �,_;,����� <br /> _ . , , , Sob Iqvinp bNn piv�n os rpuir�d by law,Trust�,wi�hout demand on Trustor,slall s�ll 1h�Prop�rl�in on�or more porcols and in such ade► �, <br />�', ' • as Trosta mop dNrrmlm on th�dott and at 1ho tlm�and plaa d�sipnat�d in�afd Notiu of Sol�,ot publk auctbn to th�hph�st bidd��. th�pur• .��� <br /> �' ,. '' chos�prk�po�abl�in cash in bwlul mone�of th�United Stot�s ot the tfm�of sab.TFw person conductinq tli�snle may. lor an�couso he or shP �. _ ._ '. <br /> dNms�� ienl. st th�saN irom time to time until il shall be comploted md. in wery such cos�.notite of postponemenl sholl he gw��n .�`�._.•.:.,., <br /> P�d� Po Pon� ^_ <br /> , p�pub�k d�tlo►otion thereof b�sah person ot the time and place last appointed fa the sol�;provided.it the sale is postpaned lor lonqer th��n -,ti,,�:- ��,r,�� <br /> on�(1)da��1����Y dosipnated in the Notice of Sale, notice th�reof sholl be glven in the samo manner as the oriqinal Notice ol Sole t:..t�:::.�����,�'.: <br /> ` �r:.s��:+..... �. <br /> • • TrustN sholl�x�tuh ond daNver lo the purchoser fts Deed canveyfng the Ptoperty so sold,but without any convenant or warranly,express.or � '�'•::.•..`•'`"~; Y., <br /> . � implf�d. 1h�ncitals in the Qeed of any malters or fats shall b�conclusiw prool of the truthtulness thereo(.Any person, intluding without • . ;, 7 . <br /> Iunilafbn Trustee,mor purchose a1 the sale. <br /> � lbl.When Trusfee seAt pursuant to the powers herein,Trustee sholl apply the proceeds of 1he sole to poyment ot the costs and eMpenses ot , -�;t���� <br /> �-.:,�.._.. <br /> - .. �xercisinp Ihe power of sale and o(the sale,includinp,withaut Umitation,the payment of Trustee's Fees incurred,which Trustee's fees shall not N,y,___ <br /> :�L~ <br /> in the aqpreqote eaceed th�followinp amounts based upon the amount secured herebY a�d remoininq unpaid� 5 percentum on�he bnkrKe t• ,...�. <br /> thereof;and then to the items set forth in subparagroPh k)�reof in the order thereio stated. •� , <br /> (c)After po�ieg 1he items specified in subparagraph 1b1.�f the sale is by Trustee,or the p►ope�tourt and othe►costs o1 lorectosure and Sa1N •' <br /> � If th�sole it pursuont to judiciol taQClosuro,the praceeds of sale shall be opplied in the order stated below to the payment ot� ,; - <br /> �:.; <br /> . , , ,• r.,,..„�.. <br /> ' ., (1� Cost of an�evidence of title prau�ed in connedion with such sale and oi any revenue reqmired to be paid: :;; . , -�"' <br /> , (2) Attorneys iees; ��'..� �'. <br /> �3:= <br /> (3) All sums then secured herebV� �t'�� <br /> •� � " (1) Junior t�ust deeds,mortqages,ar ofher Iienholders,ond ` ;{-' <br /> (51 Th�remoinder,i�any,to the person or persons legally eotitled thereto. i- „ <br /> �: <br /> - �- '—� <br /> � (d) If the Beneficiory of this Deed ot Trosf is n bank os defined by fh�broskn Inw. any stMement contain�d in any olhrr se�tion el lius dr.ad <br /> f� <br /> . • notwithstanding,ihe Beneiiciary shall nof be entitled to receive ar take aizd dabtor shall not be obligoted lo poy or give;any conlession ol jwlg- ., <br /> ment,power of atforney to cenfess judgment, power of ottorney to appeor tor a bcrrower in a judicial proceeding or agreement to pay the costs <br /> ,.��. ' of collection of the attorneys'fees,unless such acts oi collection would not otherwise be prohibited by Nebraska!ew.Provided, however, that ; ; <br /> '� ' this section does not apply to the Trustee fee re(erred to in paragraph 61b).Provided lurther,that this porogroph shall not apply to�his Dred o( � � <br /> �•�• � Trust,if the Beneficiory is noi o bonk. <br /> . .'� ' � 12. AddiNonol Sawitq Onshun�enfs.Trustor,at its expense,will execute and de�i�rer to the Beneficiary,promptly upon demand,such serun <br /> " ty instrumeots as moy be required by Beneficiory,in form und substance saiisfac�cry�o Beneficiary,r.overing any o(Ihe Properfy co�veyed by <br /> ' this Deed of Trusf,whith security instrumenis shdl be additional security for Trusior's foithful performance of all ot the terms,covenants und <br />- '..'::; � conditions of this Deed of Trost,the promissory notes secured hereby,and onY other sKUrity instrumenls exewted in connecfion with this iron- <br /> � saction.5uch instruments sholl be recorded or filed ot Trustor's expense. <br /> �• "",,,. 13. Appoim+�ent ol Suee�ssor Tru�te�. Beneficiary may, from time to time, by o written instrume�t executed ond ocknowtedged by , , , <br /> ' Beneficiary,moiled to Truslor and retorded in ihe courty or counties in which the Prpperiy is locofed and by otherwise complying wirh the provi- . <br /> sions of ihe applicoble laws of the State of Nebraska,substitute a successor o►sutcessors to the Trustee nomed herein or acting hereunder. <br /> . ' •�' ' 14. In�p�etions.Beneficiory,or i�s agents,representatives or workmen,are authorized to enter at any reosonable time upon a in any port <br /> � �'�1 ' of the Property(or the purpose of inspeding �he some and(ar the�urpose of perfor�ony oi trw a��s,;y�yi�jauthroized to perform under the <br /> � te�ms of the Oeed of Trus�t. .. .. • . r ,� A ; <br /> .�� 1 S. Option to Foraclose.Upon the occurrence of any default liereunder,Beneliciary`chdtl�have MeYdpffon�o fioreclose this Oeed ol lrus�m <br /> fhe manner provided by law ior the foreclosure nf mortgages on reol property. <br /> • 16. Poreb�arane�b►&nefieiay Not a Woirer.Any torebearante by 8e�ietitinry xi exercising any riyhl a ren�edy hereunder or othe�wne <br /> offaded by applicable low,sholl not be a woiver of or preclude the e�ercise of any such right or remedy.likewise.1he waiver by 9eneli�ia�y of <br /> ' � ' any default oF Trustor under this Deed of Trust shall not be deemed to be o waiver of any other or similar defau�ts subsequently occurring. <br /> � �� 17. Trustor Not Releaaed. Extension of the time for poyment or modification or amorti:otion ot the sums secured by this Dee�o( Trust <br /> � � granted bv Beneli[iary to any successor in interest of Trustor shall not operote to relense,in uny mmmrr,the liability ot the ong�na�irustor nnd <br /> , • � , „ � Trustor's suctessor in interest.Beneficiory shall not be required to commence proceedings against such successor or refuse to eRtend�im�loi i <br /> � , poyment or otherwise modily omortization of the sums secured by this Deed of Trus�bv�eoson of nny demand made by the originol Trustor nnd f <br /> Trustor's successorininterest. , <br /> - 19. B�n�ficiary'i Powrers. Without affecting the liobilitY of the Trustor or ony oth��� person IiablP for the pn4-�:��t oi nny ohligatiai h���in <br /> mentioned, and wifhouf affetting fhe lienor chorge of this Ueed of Trust upon uny po�t�on ul il�r P�up���iy nut r.,��n or tho��tofoi�r�IrutirJ u� <br /> security for the full amount of all unpoid obliga�ions.Benetianry muy from tnne to time und w�thout notue. 1�1�elease any person so liahl�� ���1 <br /> j extend the maturity or olter any of the terms o(any such obligot�ons, liiil gront othPr �ndulqrnc�s. I�vl relensP or reconvey. or caus� �o b�� <br /> releosed or retonveyed at any time at 8eneliciory's op��ons uny pur cel,portian a a�)af ihe Property Iv 1 tnke o� reieas��nny alher or addit�onel <br /> • � soturity for ony obligation herein meutiuned, or Ivi)moke composd�ons or oti�rr nrrcuiqemPntti with debtors u�iel��huu tln�i�to <br /> . .... ��F eho prnnPrlv In Iniefnr nmv mak�• <br /> . . . 19. Futun Advana:. U�10I1 r@qUeS� OI IfUSIOr iru�ier u� i�oiire�S vy:ivi.j.::�. .....^==••':-'i="`_ _ • , <br /> future odvances to Trostor. Such (uture advances. with interest rhereori. shnll he securrd hy thw frusl Drrd whrn ��v�drrn�d by piom�+w�v <br /> nofes stating that said notes are secured her�hy:provided thnt nt nn tm�r ahnll Ih�sP�w�d pi a�c�p�d luiuiP��dv�m��s nul m�Iwhnq sumc nd <br /> � vanced fo protect the security,exceed on aggregote p�incipal rnouunt ut S <br /> ' I <br /> 20. R�eon��Yante br Tru:tee. Upon written reG����o?9�nefic�a�y sta�mg���o�r ol;wms secureJ hereby��ave bren pmd.nnd upon wrr�nd�� <br /> ' � I of 1h;s Deed of irust ond the Note to Trostee (or �nnrPUr,•�c,• r.nC�p•�^t m•nnd iq��m pnY���rnt hy fruthn nf liuclr��� la��� I�ir.h�r tib�dl <br /> . . �. ,,, <br /> recan��w�e t►us�icr, cr the person or persons legally entitled�s:.� J'" we7"•^i.'• 'H;1�tII�dY o��Y P��������of fhn P�o�)M►y Ih��ll I�PI�I I�r�r�mdn� I1��� <br /> i recifals in such reccnveyonce of ony motters or facts shall he conclus,ve p►ocf,a ihe trothlulness�hereol IIIP(]�t1q11�P m unr rPCOnvNy�uu�����nv <br /> � be described os"the persan or persons legally entitled lhereto�". <br /> . . � <br /> � <br /> +� <br /> • � I� _ <br />