|
� � �
<br /> � (d) Bensliclary may elect to cause the 1'iust Properry or any part thereof to be soJd under the powe►af sate,and in such event,
<br /> � 6BneHclary a Truste9 shali glve such notice o1 dalauft and notrce vf sale as may be then required by law. Thereafter,upon the
<br /> � exp/ratlon ot such tJme and th6 giving o/such notica o/sate as may then be required by law, Tiustee,at the time and place specified
<br /> by Me notice o/sale,sha/J sell such Trust Property,a any pa�t thereof specified by Benellciary,ai public auctlon to the hlghest
<br /> bldder fa cash in!awlul money o1 the United States ol Amerlca. Upon rece�pt o!payment of the price bld, Tiustee shall apply the
<br /> proceeds!n the folbwing ader.(1)to tho cost and expenses ol exercising the power of sale and of the sale,lnaluding but not fimited
<br /> � fa,trustea's fees or not mwe than 5500.00 plus one•hafl ol one percenl ot the gross sa/e prlce,and reasonable attonrey/ees,(i1}to
<br /> the/ndebiedr�ess,and(il+}the excess,il eny,to the person oi persons legalry antitlpd thereto.
<br /> All costs and expertses lncumed by BeneNciary!n enforcing any righf under this Oeed of Trust,lnc/udirtg wlthout limitation,abstract or tit/e
<br /> faes,appralsal tees,premiums fa UNe Tnsurance,attornay fess and court costs,sha11 be and constitute lndeDtedness secured hereby.
<br /> �27. Dutlas of Trusiee. Tiusta agees thAt:
<br /> (a) Dud�s and obllgaUons of Trtestae s�alf be determined solety by the axpress provlslons o1 this Deed ot Tiust and Trustee shall not be
<br /> � /iaWe except fa ihe periormance of such dudes and obligatlons es are specl11ca1ly set forth hereln,and no implled covenants or
<br /> �O obNgeNans si�all be imposed upon Tiustae,
<br /> Cfl (b) No provlslon ot thls Qeed af Trast shall requlre Trustee to expend or risk iis own funds,or otherwlse lncur any financlaf obligatlon!n
<br /> Q the pe►lormance o1 any of!ts dades hereunde�or 1n the exercise of any of Its rights or powers.
<br /> � (c) Tiustee may consu/t with counsel of!ts own choosing and the advlse o1 such counse!shafl be full and canplete authorizadai and
<br /> protectlon ln the respect of any action taken a suflered 6y!t hereunder in good laith and reliance thereon,and
<br /> , / t (d) Tiustee shall not be Ilable fa any acila►taken by/t in good/arth and reasonab/y beNeved by it io be authorized or withln its
<br /> dlscredon or rtghts a powers conferred upon it by thls Deed of Trust.
<br /> � Q�p 28. Security aqreement and Fixtu�e FiiJng. Thls Deed of Tiust sha11 constitute a securiry agreement and fixture liling under the p�ovisions of
<br /> the Nebraska Uniform Comme�clal Code wiih respect to those�xtures described in the preamb/es hereof as constitu�ng a part of the
<br /> Tivst Property,together wJth a/l other prope�ty of Tiustor,either slmila�or dissimilar to the same,now or hereafter locafed ai or on the
<br /> Trust Properry.
<br /> 2S. Fut�re Advances.Upon iequest o1 Tiustor,8eneflalary,at Benerciary's optlon,prlor to fuli reconveyance of the Trust Prope�ty by
<br /> ' Tiusiee to Trustor,may make luture advances to Tiustor.Such future advances, with inferesf thereon,shall be secured by this Deed o1
<br /> Trust.At no Gme shall the princlpal amount of the Indebtedness secured by this Deed of TrusL nbt Including sums advanced to protect
<br /> the securtty,exceed the total sum of S .Advances of dlsbursemenis made by Beneficlary to Rrotect the securiry,
<br /> under the terms hereof,whlie discretionary,shall not be deemed to be opbonal advances.
<br /> 30. Reconveyance. Upon payment of aU Inde6tedness secured by this Deed ot Fn�si,8eneficlary shall request Trustee to reconvey the
<br /> Trvst Proparty and shafl su�rendei thfs Oeed of Trust and all noies evidencing Indebiedness secured by thls Oeed of Trust to Tiustee.
<br /> , Tiristee shal!reconvey ihe Tiusf Prope►ty without warranty and wiihoe�t charge to the person or persons legally entii/ed thereto.Such
<br /> persor�or pe►sons shall pay all cosis of recordaUon,if any.
<br /> � : 31. Substitute Trustee.Beneficiary,a!its opdon,may fiom tlme to time remova Trustee end appolni a Successor Prustee to eny Tiustee �
<br /> appoinied hereunder by an instrument recorded In the county in which thts Deed of Tiust is recorded.Without conveyance ol the Trust
<br /> • Prope►ty,the Successor Trusfee shall succeed to a/l Utfe,power and dutles conferred upon Trustee here/n and by appl/csble/aw. '
<br /> � 32. Misce!laneous Rlghts of Benefic/ary.Beneficiary may at any time and 1rom tlme to tlme,wrthout notice,consenf to the making o/any '
<br /> plai of the Trusi Property or the creation of any easement thereon o�any covenanis�esUicdng use or occupancy thereof or agree to
<br /> after or amend the terms of,this Oeed of Tiust.My persona/pmpeiiy remalning upon the Trust Prope►ry after fhe Tiust Property has '
<br /> ._ . been p[usessed ot occuoied by BeneNcianrJ its aoent or any nwchacAr fn(lnw;�o�{IICIAA'c.e�a,�nrs,�lnc„Fp,nr�r.��a,r�y�.u,�1,��t�. - �
<br /> � of Trust,ee's sala or fareclasure.shaH be cona�usivaly presume0 to have been sbandonsd by Tiastor. ��°`
<br /> � 33. Notice to Tiustor. Trustor hereby requests that a copy ol any noUce of defau/t and noflce ot sale made or exeCUted by Trusiee pu►suant
<br /> � ro the provisioris hereof be sent to Trustor ai its mailing address set fath herelnabove. •
<br /> : IN WITNESS WHEREOf, th/s Deed of Trusi has been duty executed the day and y first above written. , -
<br /> �' _
<br /> ,
<br /> � ary a se ,
<br /> � �
<br /> STATE OF NEBRASKA ) Mary G. Valasek "
<br /> )ss.
<br /> COUNTY OF )
<br /> �
<br /> r
<br /> On ih/s day of , 19_,before me,a notary pubfic in and for seld counry,pe�sonally came , :� �
<br /> ,and , .
<br /> o� ,known to me to be the ldentical persons who �
<br /> signed the loregoing Deed of Tiusf and acknowledged the execution thereof to be their vofuntary act and deed,and the votuntary act and ••�'�
<br /> deed ol said corporat;on. �°'��_
<br /> ; WlTNESS my hand and notaria!sea/on this the day and year last a(DOVe wriiten.
<br /> (SEAL)
<br /> Notery Pud�c
<br /> • My canm�ssqn axp�res:
<br /> STATE OF NFBAASKA )
<br /> COUNTY OF �LL ���
<br /> )
<br />- Qn thJs 29 day o1 November , �g 89,before me,a notery publlc in and/o�said county,personal/y came Garv E. Valase�C .-_-__--
<br /> and �rv G. Valasek ,known to me to be the ldentica/persons who
<br /> slgned the foregoing Deed of Tiust end acknowledged the execution fhereof to be thelr voluntary act and deed.
<br /> WITNESS my hand and notaria!seal on th/s the day and year last above written. � �
<br /> I
<br /> (SEAL) -
<br /> L ����•��� Nofary Pu �c �
<br /> CAlIOLINE H.LElP � � �
<br /> COAwt.E�p.ftbr.11.1491 =-�--
<br /> IAy Comm�ssan o+0��05 �
<br />_ ti
<br /> �
<br /> �
<br />. �' E
<br />- r. ..
<br /> t ��
<br />
|