|
'� ' ..
<br /> } . .�.
<br /> (, .
<br /> ., , o
<br /> • aa-�a,flss p��� o��'RUST 99- 10�'i�5 P��a 6
<br /> • - • � Loon No�98043 (Continued)
<br /> . . . �.�-------- �_.—= -_..--�r_.___.—..-�--- ----��=...-r� .---
<br /> po�oss�on o►tho P�opody a ths coltectlon,rocofpt nnd applicatton o!ronts, I�uos ar proNto,Trustco or Lontlar ahalt bo ontittcd to
<br /> � • oxQrctso ovory rlpht proNtlod lor tn Iho Noto or Iho Rolatod Documont5 or by tnw upon Iho ocCUrronce of any ovonl ot dotnuil,lnctudinp tPw �
<br /> nghl tcr ozordao tho powor ot snlo;
<br /> „ ' (b) Commonco an nct;on to 1or�loso!hls Dcod of Trust na n mortpngo,nppolnt u rctcctvct a spuclIIcnity ontotco nny of lho covonsnta
<br /> heroot;und
<br /> � (a) Onllvct to Truslco o wntton dcclurnUOn of dofuult and domnnd ta anto nnd a v�tltton nOtioo of dofault and oloctton to ceuse Tru3to�a
<br /> mtarost+n ihe Property!o bo cald,whlah noUco Tnr3fc�sh�9 cnu^n to to duty�tod lor record In tho approIIrlato of�c�of lho Counly In
<br /> WhtCh ttro PropOAy is tocntOd;und �.
<br /> - • (d) With rospaCl lo ap or pny pIIA of tht►Porsonal Propotty,Londor shntl havu uli Iho righb and romodto3 ot n sncurod parly und2r thm
<br /> ,`.'.,�;,r'"��� Nobraskp UNfotm CommCrciul Codo.
<br /> � "� ForeeWuure Dy Fower ot 3nto. 1f Londor alects to foreetoso by exerWSn of tho Powcr ot Sals horoin containod,Londer shau notly Truttee aM � �.,�
<br /> ahnil doposit with Trust¢�thls�csod of Trust end the Noto and euoh recofpts and ovfdonce ot expondlturos mndo and st�eurad by thi3 Ot�d ot �^:
<br /> . � TtuBt as Trustea mny requlro. '"
<br /> ` ��
<br /> ' (o) Upon ree0fpl ot sttoh noUoo hqm�entic3r,Trustse shali cause lo be reCOrded,publt,hCd and dellvoted to Ttusta such NoUCO of Oetlui! �i�,
<br /> and Nollce W Sale ns then roquired by law and by thfs Qoad of Trusl. TrustEm ahNl,vrithaut domand on Trustor,nfter such tlmo as may ,-___
<br /> � ,� then be requlred by taw and after recordatfon ot such Notice of Oofnult tind n(tor Nollce of Saie having boon gtven as requlrod by Ulw.roli �_-
<br /> the PropoAy pt tho tlene and p�ace of sele flxod by it in such Notice o}Stile,olther as e whote,or in sepdret9 tots or pnrCOis a�L9trts as _-�
<br /> � Tr�tee ahqli doom expedien►,und tn such order as It may dn term ine,n t publlo aucuon lo the hi ghest D!dder tor cnsh In IardW morpy of _ .
<br /> the Uniiud Statoa pnyabie st ihe tlme e1 ss!a. Trustee shntl doliver to euch urohacor ar purehasars lheraa!ita good aRd uuthdon4 ci�a�or
<br /> i. � deeds cwnveying fhe proporry so soid.but wlthout any eovennnt or warrnn�y.e�ress or implis�d. Tho��cltsb in sucb doad ot any rra'�Dr� ��.,,
<br /> or fucta shall be cortclus�ve Oroof ot the truthtutness lhereo}. Any person,Induding without Iimltatlon Trustor.TnlStee,or LonQor,riay ��,
<br /> ;�:.. .. purchese al such SEttz. _"
<br /> ' :,a
<br /> � '""�•� ¢ (b) As may be permiAlod by law,aNe�dodueting ell costs,foes and oxpenses of Trusten and o}this Trust,includfng co5ts of evtdonor�o! ,..
<br /> ,....,�. j
<br /> ._`';�%`���ri ��.,'1�- title In ConnBCtion with saie,Trustee shatl appty tha proaseds o}sale to payment of (i)alt sums expended under th�tenns o!tNU Qma�of
<br /> ,; ;.,,� Trust or urtder the terms of thB Note nol than rep�id,InGUding but not limitod to aaruod interest snd IQto charge9, (ii)ell otMU sums 8hon
<br /> " ',� securod hereby,and (Uq the remalndor,ii any,to thu person or persons lega�ty entitlad thereto. .�
<br /> .�;i.:};
<br /> ;;t;�,• .�� � (c) Trustee may In tho mnrtner proNded by law postpone sels of all or any poRion of the Property. __
<br /> � y RemCdtes tlot kxtluWYe. Trustee a�d Londer,tsnd each of 1hem,shatl be entitled to entqrce payment and performa n o E l o!mny IndeAtBdness �;;
<br /> or obligutions secura�by this Deod of Trust and to exercfse a�t righto and powora under thb Deed of Trust,under th9 Note,undar any of lhe
<br /> • Retated Dauments,or undor any othar agreement or any Iaws now or hereafter in toroe;notwithslandtng,somo or ail ot sucA irtdobtedrtess
<br /> � �' and obltgadons seaured by this Oeed ot T�ust may now or haroatter be otherwdse secured,whether by mortgnpe,deed ot trust,pl8dpa,lio�.
<br /> � ��' assi nmenl or olhervalse• Neflher Ihe acoeptence ot this Oeed ot Trust nor Its enioroement,whether by couA acUon or pursuantro t�pown� �.'�
<br /> � sat or oti�er po�+e�»co�tafrosd In this Oeed of Trust,shaR preludice or In any manner aHect Trustaes a Lender'e rfpht to enY upo
<br /> entorae any other secudty now a heroafter Aeld by Tnutee or tsrtde�.lt bei�agreed that Tnestee ertd Lendar,and eaeh at tham,Bhail be
<br /> ___ , �_-
<br /> entided to eMOroe thk Qeed of Rust and any cthcu secudty now or hereafter held by Len�ar or Trustee In aucfi order and mame►as theY o► --
<br /> „:: �: eiiher oi ii�em rnay i�i it+s�r attt�s�a�^^—�'oa del�smlr�+. Nn famnrly contnrted upon or r�ervad to Ttusteo ot Lender.is InnDnded to be
<br />. �.« exduslva of any othar remedy tn thfs Oevd ot Trust ar by taw provided or permltted,6ut eaeh aha11 be cumutative an0 et�all bo tn to�qia n 8
<br /> qnwn
<br /> Avery other remedy ghren in lhts Oeed of T�ust or now or hereafter existtng at law or In equity or by statute. 6vt�ty power at rert'�f�Ne Y t.
<br /> , " �' Note or any of Ihe Retatod�ocumenta lo T�ustee or Londor or to v�hich elther of them may ba oihotwlse enUtled,mny Do execslst�0,
<br /> eoncurrenity or indepe�dently,hom dme to Ilme and es o ften as may b e d e a m e d e x A e dtant b y Tntstee or Le���artd ttltwr o!them tn�y
<br /> =,,:�;,`' � puraue Ir�onsistent remadteo. NotMng in this pesd of Trust shatl ba construad as prohibiting londEx hom seekl�a�CfunCY I���►
<br /> •,'';h;l.;" , agaMSt the 7rustor to the extent such aeUOn b Permitted by taw-
<br /> - �� �..r of�Sala u dor th�is O d of Tru3t be mIIlind to themr8l th0 a drossos se1 torthuin�lhe flrst pamgreph a h D a�of Tnist�����y��Notice
<br /> ±:� � Walver.Elactton of Rcmedtea A waiver by any party of a breach oi a provision of thts 08es!of T��st shatl not coruUtute a watvet n1 or
<br /> preJudice lhe parhrs dBhts othenvlso to demand sMct compilanoe wllh that provislon or sny otirer pravfulon. IEleciten by Lunder to puBUO any
<br /> - remedy provided tn this Dsed of Trust,lhe Noto,In uny Rolated Dooumont,or ptovlded by Inw shall not ezClud9 puBUtt ot any oth9t remedy.
<br /> '�•� end nn ulectlon to make�pe ndilures or to take acGon to pe�torm an ablfgatlon of 7rostor undsr th�Qt,od ot Trust ettor faf(uro ot Trusto�to
<br />�,.LL.�•_•�a peAam shan�ot aHOCt Lender's dght to dedere a dafault and to ezercise any of Iis remedies.
<br /> '--`�-=':° Attame ys'Feca;E�t p ensEa. Ii Lendor 1oa111utes any sult or aodon to onbrco an ot the torms Ot thfs peocl�f Trust,Lendet sheY be enliNod to
<br /> tpe
<br />-�..�.;„����g� recover such sum ns th9 couA may adJudge�e3sonubie as allomeys'tees at and on nny ap p e a i. 1�l�b t h e r a n o t n n y c o u r t a C tl o n I s __
<br />__ -�.,.r,_:. Invotved,ail reasonttb►e expsnses irtaurted by Lendor which In Londers opinbn are net�ssaryr at any dmo Qar 98e protoatlon of[b Interest or the
<br /> v.';,`� - enforcoment ot Its r►ghts shall become a pud o!the indebtednoss pnyabto on domand nnd st�all bear interest nt 1he Note rata Irom the dAta.u1
<br />-','���� � expenditure until royald. Expensos coverod by thfs peraBn�ph Indude,wlthout UmitnUon,however subjeot to any timts wniler appl�Cablo t�w. �:,:
<br /> - lenders atlorneys'hies whathe�or not there ts a Wwsutt,IRCtudlnp aftmnciys'toos tor bankruptcy proaoodings pnCtudlrg o'rJaOs to modtty or �.,n
<br /> es
<br />- � . ��, vaCt+to tsrty 8utomaUO stey a IMuncibn),nppertis and any antldpntod post-Judprttant eolteetfoo serv1o98.�ho cost o1 suarohinp reeoMs. --=
<br /> �� C
<br />�;= -�, abi9lninp t1�4 reports pnctuding IorcGOSUro reAo�)�eurveyors'repo�ts,apPrNsa1 fees,U@o insuNnoo.and Tens for thE1 Trusteo,tp lho extent —
<br /> 4
<br /> - petmlt4ed Oy epplicabie taw• Truslor atso wm pay any couR cosb,in addiUOn to�ll other sums providod bY le'N.
<br />�� . J Rtpht�Of TruotRe. Trustee shall huve nll of the dghb and EuUes of Lender as set torlh In this�ecUon. ,�,,,
<br />_ -.-���...:.. ``"'__:
<br />'�,m�•1 K^' { P{�WERS AlID 08Lt0ATlONS OR 1'RU87HE. The(ollovring provtstotts tE3faUnp t0 the powers Bnd MtigttUon.9 04 Trustee are pstt of lhis OMd of =
<br /> �:��';`. Trusi. -_
<br />- �'_-��'!*�'�.W=-:p t�' ��t.r�oS Trt�lr. In Pc�ditrnn�a ap pawara ef T�ustse arlsfr►p aa a tnattar ot taw.Trustoe shaU havo tho powW to toke tho toAowlrtp eCUons ._-_
<br /> �-. • , T':�'•",t wtth respect to the Property upon lhe wdtten roqosst ot Lond.^.r nnd in�ior: (a)jofn in prape+3r�p and tiong e map ot Pf:tt oi uss�F�t�.n��+. F---
<br /> � �� ��i'•'� Includtn0 the dedicatlon uf SUoets or otAOr rfghta to Mo publb; (b)JWn in gmnUnp flny easement or croaUnp any restriclkon on the Reai RropoAy; �
<br /> �� and (e)Jo1n in any subordinaUon or other agreement eit�Gng thb DaeO ot Yn�st or the Intofast ot lendor under Ihis OBBd ot Trust. �.�--
<br /> �. :
<br /> ;��. Tnr�tee. Trustae shall mcjet att quatt8eatlons roquirod tor Tncsteo under npplkablo 1aw. in addiUon to the�Ats and ronuaSlcs�aot taAh n�ava, --
<br /> with r�pect to ntl or any pnrt of the PropaAy,the Trostee ahnli havo tho dpM to forc�loso by nottco nnd cele.and I.enQer at�hnva Mo�M t0 �f
<br /> •� . ;;y, toroctoso by{udldat loroclosuro,ln etthor cnso in accudanoe w�th and to t�D tuli oxtont provlQed by eAplk:ablo law. �:
<br /> �•��� guaea^,¢v truatcse. Lundor,nt Lond o r's opt lon,mny hom emo to t l mo u R y a n l n t a s u c c o s s o r T n�s t e o f o n n y T r u s l o o e p p o tnt e d homundm�y en ��-
<br /> ' � `�1' �nstrument euooutod and acknowled8ud by 4endet und recorded tn tho o(flco ot tho recordor ot MAII County,Nebroskn. TA9lnstrttmonlBhN► �.;-.,
<br /> ;,;�,�;,,. `�'�' conta�n,In addilbn to atl other metters reqWred by stato law.the numes o!the odginal londor,Trustss,and Tn�tor,thn book and papo(or �„_,
<br /> :,;�_�:�,;� � i:,, computer aystom roferesn�e)where thls Daod o!7rust is recordod,and the nomu nnd nddress ot tho euct�ssot Uuatoe,and tha ir�trument shull ti,,
<br /> ,,5.',,� be oxecuted end acknowladgad by aA Iho bono8clurles undnr the Dood ot Tnist ar thnir stnt�e5sors in Interest. Tho succC�ot Intsteo.wllh�uf ,,;�t_
<br /> ;;�;� canveyonce Ct Ihe Property,EhM sucCead lo nti the fltle,powet,Und dutlAS conittrrod upon ttrv Truste9 i�this OeGd of Trtnt and by epQlicebk► ti'y_
<br />� ` �•!��' Inw. This procoduro tor substltuUOn ot U�slea shell govom to thu cucNuston of o11 othcr prov�bns tor Suf�;Uhition. .
<br /> ����'�' HOTIt�S TO TRUST�R lWD OTHER PARQtES. Any notice undsr this Ooad ot Trust 8ht{tl be In wrStln�,may bo sont by t3letacsimile(uNess
<br /> --'-t=�':'_ _�..�.��r.L..., ...w.wnn 1�cHornvn u�hcn uCtunllv dRllveR'!d.Ot When d@pO51tQd With n n8110118iiy Ir0C00R1Zb`d OVeMIQM COU(19�,Cf•If -
<br /> ----.-_:_-.----- bii�i►iao.oyu.o.s..�.�..n�..�"._.-- '--- - --
<br /> L' '. mnitod.shatt bo deamed oHc;;ettve whon dopositcd In the Unito�Stntos maft Orst dass.ccsrtiRed or roglstme0 man,pQSTaga�mpaza Y��v me
<br /> n c:
<br /> �• addrusst�s sho►v�netU tho beginnlnp ot thts Ouod ot Ttusl. Any pctrty mny Chango Ns oddross fa�oUCOS undOr lhls DOed dt 7tuG1 b forrt�81
<br /> - � wntton notioo to lho othor pnrtto9,speWtyfng that the purpas�of tho notico fs to ehenpo the pcirhls addross• Au coyfas ot nottofls ot torectasur�hom
<br /> tho hotder o!any Ison whlch has prtonry over thfs t?cc30 of Trust shail 0o cont to Lc�ndc�s nddress,es ohown n03r tA0 bogtnNng ot tAb Oood of Trust.
<br /> � For noifee putposos.Truslor agrees!o keap lon0er nnd Tnr3tao Intormad nt NI UrrAS M Tnutors CurroM addross.
<br /> MISCELLANEOIJS PROV�SIONS. Ttro fqliowlnp mfsoetianeous provistons tue 8 p3tt ot thts DOttd Of Trusr -
<br /> AmertdmCnta Th�s Oeed o�Trust, topotha wnh any Ret�tod Documonts,eo�Ututos tho antfro undorstundlrt�nnd�reement ot the paAEas aa
<br /> to thcf inetlars sot torth fn thls Onod of Trust. tVO NtESraUon ot Or emendmOnt t0 th}3 Oood ot Tnt9t 8hat1 bo olfaCGvo unkl5s g{van(n writing dnd
<br /> s�gnod by tht�pn�fy or partfos sought to be charpod or bound by the Nteratlon or ctmanOrteent.
<br /> � Aypttee�te Lew. Tnta Detd of Truat has oecn 8ctivered to t�mder an0 scsepted Oy Lender In the StMe ot Nebrenln. TNIS Oeed o!Trus1
<br /> • shett ba yovemed by end coastn�ed�n eaordanee wtth the In►va ot the 8tnte of Nabra�ics.
<br /> � .
<br /> •• �..
<br />
|