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<br /> • �C�1.'743 i� �-
<br /> •t�l AnV �nihiro �n tho p�trt of tho Ytuatcr to meet the repayment terms in respect to the Loan Agreement nnd any :p���,,.
<br /> otfror oduanttno undor tltlo Aood of Truat hereby secured;and, ���•`�
<br /> (C1 Any tiotlan l�y tho TruotWr prohibltod by the terms of tha Loan Agreement or this Deed of Trust or any faliure of ,{�}j,
<br /> ,. 4hn A��nt��vo oa offc�atuon tho 8ene4icfary9ses cu Ity rtoh't ee line of(crediteeatablished and thehrelghts otrthe �,T,,,
<br /> 11i1V s:.-':r
<br /> ' , .�. panc+Halflry In nuah apnuritY� �i�`,'A�r;:
<br /> �`�`"x'"��I�� �nd upon tha happc�nlne ot any suah avont of defauit, Beneficiary may doclare all sums secured hereby immediately �?,u�:.
<br /> , . .`+� ,. �r
<br /> dup c�nd qnyoblo by dolivur to Yrustee of wr{tten declaration of defeult. the Trustee ahali heve the power of ealo of �,�,x„
<br /> �� � �ha Proporcy,and it Benpflcinry doalres the Proporty ta be seld, it ahall deposit with Truatee this Qeed of Trust and all s�.
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<br /> romla�ary noton and doaumo�ts evide►�QInB expenditures secured hereby and ahall deltver to Trustee e written notico �'
<br /> � at dr,lflult ond a�aatlon ta oouse the Prupeny to be sold, and the Trustee in tum shali prepare a notioe U tho torm �C;;�
<br /> roqulrod bV�Aw, whloh ohnll be dCFty,flled�f�r reead by Trustee. �=�N`
<br /> ' (At Aftar tho Inpso ot o4ah tifrio d�rtlay',,b��equlred by law following the reco�dation of said notice of dafauit, and -_
<br /> �-� �atiao oi dofautt nnq notl�e af pelu h�v3i�8 6aen given as requfred by taw, Trustaa, without demand on Trustor, �
<br /> �' ahatl eall tho Proporty o�i tHe date and�t the time and piaae deaignated in sald notice ot sale,at pubifo auation to _
<br /> �' thn hfghont biddar, tha purahose price payabie in lawTui maney of the Untted States et the time ot sale. The =
<br /> :;' poroon conduoting tNo oalo mey,tor eny cause he deems expedlent, poatpone tho �ele irom tlme to time untit it �
<br /> �� �' flhpil bo complotod a�nd,In every such ceae, notice of postponement ahali be given by public decleration thereaf —
<br /> • � by ouah peruon at the timo and place leat appointed for the eate,providad,if the sale is p8stponed for Ionger then �F
<br /> T� ono{1! dey beyond the dey deDlgna4ed In the notice ot sale,notfce thereo4 shali 6e given in the same manne►as e
<br /> tho original notiao of snlo. '1�uatae shell execute and deliver to the purchaser its Deed aonveying the Propetty eo _
<br /> ` sold,but without andy covenant or warranty,express or implied. The recitals in the deed of any metters or acto �,.
<br /> � ahall bo conoiuelvo praot of the truthfutnefla thareot. Any pereon,inaludfnp Beneflof�ry,mey purohase at the eafe. _
<br /> ' ` (�) Whon Truatoo aofld pureuant to tho powers heretn,the trustee ahall appty tha praaoeds af the eale to payment
<br /> � �`•� ,`�°• of tho coete end oxpenaes of exeroising the power of aAla and of the sate,inciuding the payment of the Truatee's �.
<br /> � taoe aatually{ncurred,whlah Trustee'e foea ehall not in the aggragete exaeed the followfng amount based upon �;
<br /> :_..�"?�� I tho emount eoaured heraby end remalning unpaid;5 pereentum on the first$1,000 ther�of, 1 percentum on tha �f _
<br /> ° "```"` balance thorooi and thon to the item9 in subpara9�api�iC3 In tha ardar ths:$aLate�. =
<br /> � � � tC)Aitar peying tho itema specifled In Rubperagvaph(B)if the seie Is Qy Truatee, or the proper court end other costo —
<br /> :�: �'�,;��;';'
<br /> ;,;;-R;,,;,.1� of fotaclosure and onlo{f the sele le pursuent to judicfat forectosure,the proceeds oi sale shalt be applted in the ordo�
<br />='_;�;;�,.�- � etatod to the poymanL of:
<br /> w,:�;:�?�r"�;S'� (I) Coat of eny evidonee of titlo prooured in connection with auah eale anrl of any revenue stamps;
<br /> .�`�':°�=k��;, (111 All sumR tho aecured her�by;
<br /> _'�'-��^•��••t`"' ' pll� 7h�remainder,if any,to tho poreon tegelty entltied ihereto.
<br /> :��Y,;::�F•
<br /> _ � •--..ve 13. Dutiss nnd Obtlaatlon� ot Trust�ts. (e1 The duties and obligatians of trustee afiail be determined sototy by _
<br />`J:nI°�'•�'?�. tho exprosa provlalona of this Deed ot Trust,and Trustee shail no4 be Ifabte except for the performence of such dutiea _
<br /> ���°�r�{`��';'�� and obllgotions ae are apocifloatty set forth h�rein, and no Impifed cavenants ot obiigations ehell be imposod upon
<br /> �'•''"".l!''ni�
<br /> •;,�:._;,��ti_.v Trustes;lb) No provisiona o4 tht�Oesd of Ttust shell r�quire Trustoe to expand or riek 1ts�vvn funda,or othorw se
<br /> ���%;�k�,��� incur any finonalal obligatlon U the performance ot eny of its duties horeunder,or.in the exeroise of�ny of its righte
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<br /> -"L``����� or power, if it ettall have grounds for boltevinp thet tho repeymont of such funde or adequete indemnity egafnat suc
<br /> =1----�'��"" rlak or Ilebiifty Is not�easonably esaurod to It;(a) Trustee moy consult with counset.of ite own ahoo$ing and the advtce
<br />`�""''�'� of suah counoe!shell be full end complete authorfzntton end protection fn the respect of any ectlon teken or suNarud
<br /> l''�.�s"'?�a� by it hareundor in good iafth and rellunce thareon;fd) Trustee ahstt not be liable�fo�any aatlon taken by it In gocd teith
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<br />-�.-��.,�;�._�7� ond��asonnbly betteved by It to be nut�orised or withU the dtscretion or rights a�d p4wers•aonZerred upon It by t s
<br /> �:.:��L�� Doed ot Trust. _--
<br /> 14. Additioteal 8sautlty Instrum��b. T�uator,et Its expense, will exeaute end delluer to the Trustae,promptiy
<br />-- 1R=-=;''-�.�--.,--_�.�-.�-- u�;t,,;�drr�a�d,R�icF aecurEYf•!nslts:ment!es moy be raQuired bV Trustee,in form and substance eatiatectory to Trustoo, _
<br /> :v:����,-.= cavering any of the Propeny conveyed by tMe poed of�►uat,whioh aecurity Mstrumont�shall be additiannthe Lo n � .`
<br />_;;�Y�,.�� for Trustor s taithiui perio►mence of all of the terme, covenente and conditions of thle Oeod of T�ust,
<br /> "'°"'�""'':` Agroemant,eny promissory note8 seeuresd hereby end any other seeurity instrumer►ta exeouted in connectton with this
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<br /> ;:,;;;r,��,�;°�.r::t transactlon. Such inat�umonte shell bo tacordod or tiled, and re-recorded and retited, at Trustor's oxpense.
<br />=;�,,'' �a:•?;�. : 76. Mloaolinneous.
<br /> ::i��t;n i�r"'.�' ::.; I =
<br /> . .�,,.,. (A) in tho ovent any one or moro ot tho provlslons contafnod�n the Deed o�F Trust, or the Loen Agreement or any _
<br /> �`'� ,�� � p�omiseary noto,or any other eecuNty Instrument given in conneotion with thfs tranasctton, ahalt for any reason _
<br /> .,•, �::.
<br /> - �' � to bo Naid to bo Invelld,lliegat or unentoraeabta In eny respeot,such InvaUdity,Illegelity or unonforcoebility eh�il, �'
<br />- �? ��;,,, �'��� ot tho option of Benaftciary. �ot effeet eny other provleton o4 th{s Deed of T�n�t,that this D�sed of'trust aha1�bo
<br /> ' ����;;�":�' • conatrued es I4 suah invalld, illegel or unentarcenbie provi�lon hed naver heen aontQined harein or thAretn. �
<br /> ,_ ., ,�,:�,:,..... �; -
<br /> (B) This Deod of Truat eholt be canstrued eaao�dinp to the lews of the Steto of Nebr�sk�.
<br />-_. ", . ��"��. (C) thv Deed ot Ttust ehatl lneure td end bind the heire,lapeteoe,doviseos,administratars,exeautora,eucaessora and �.
<br /> � � a�sfgns of the pertles haroto. �
<br /> �,w:'�'.� ; ��. (D) Trustar shall poy ell taxeo lovlad upon this Dood_o*Tr.et orN mdQb�Hercu�red�hei�eQet�ho der of t e Loan Ag eement �`
<br /> �u'•
<br /> ~ � or asaeosmfln�a wnic�R,�i�,o.�o��o�..:•....o ..--•-- -• --.._..--- . - :
<br /> '.•'� �� cn aocount of tho fndobtvdnose ovidonoa theraby.
<br /> t,. i::
<br />- . � . ,�� � (E) Whenover used haroin,tho singuler numbm eheli Inatudo tho pturni� tNo plural,the singuler,the use of any gender
<br /> ' � ahatl bo oppliaabio to all flonders, and tho tarm "Qonotlatory"ehall Inotude eny peyoe of the indebt¢dnesa he►eby
<br /> � ,�.,;�;,;,,;: � aoaurod or eny trmnsfor tho�oof, whothor by oporatlon of low or othorw fse.
<br /> ;� , 18. Sunc�asor Tru�t��. �unoticlery may irom tlmo to tlmo subetftu4o a successor or guccesscrs to any Trustee
<br />� � ���,`��r� nnmod horoin or eoting horoundo►to oxaouto thlB Truet Dood, Upon suah eppointment end without conveyt�na�a to
<br /> tho succossor 7rus400, the lettor eholl 0o voetad with oll tltio,powars and dutlos conferred upon a�y Trustee herein
<br /> numod ot Qatinp horeundor. Eaoh euah eppvintme►�t ar secbetitutlon shail bo mude by written instrument by 8e�eficlary,
<br /> � cont�,ining retoronco to this Oood of T�ust er�d Ite p�Aee at raoo►d, whtah whon recorded in t�ho atfice of the Reglster
<br />- ot Doeds of the county or aountloe In whlah esld proparty ie eftuatod,ehai!bo aonclusive proof of proper eppaintment
<br /> � • of tho suocusoor Truatoo. Tho forapnlnp powor of aul�ncltutlon end tho procadu�o therefore shall not be exclusive of
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<br /> i ' 408•3
<br /> � 9184
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