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<br /> . O'2-23�-1989 ��ED�Pr TRUS� 99��d°�i �e3 Pa�a 6 . :
<br /> Lo,en No 8fl94S0 (Co�tinued)
<br /> " � � possas3lon ot tha Property or tho calcatlon, rceotpt nnd appl�alfon of ronta, issuos a proflta,Trustoo or lendor shau bn entlttad 10 '
<br /> oxorcNSt�ova�y rtpht ptoddad 1ar in tho Nota or iho Rotatod Doaumant3 or by Iavi upon tho ocourconco ot unY ovont ot dotctull,Irtdudlnp iho
<br /> nght to oxorclso tho power ot saio;
<br /> (b) COmmonco un ticYOn to IorEiCioso lhis Oood of Trust es a mo�tgago,up0olv�1 a roeolver or spcciflcaliy ontorco nny ot Iho covansnb
<br /> „ • horeof:pnd '
<br /> (c) Oclivcr to Trustcea e w�llten doclnr�tlon of dolaull and domnnd tor sNo nnd a vnitYun notko of dotnult and olaatfon to enuso Trtntor's �
<br /> � . Intorast In the Proporly to be sotd,w1Uah notico Truotoo nhon causo to ba dury�ilad tor rocwd In trt3 npproprfat�otlieo�o►tho Counry�n
<br /> ° whtCh the Properry�a Ixntod;und �°•�„_
<br /> �d) Wilh respect to all ot any pnA of tho Persoruit PropeTty,Lendet ahai�hpvs nt lha dghts and mmodtas af a sseurod D�Y under ihe
<br /> - Nebruska UNlorm Commetelal Code. �
<br /> Forccloaute hy Power o!8oto. It Londor otocts to taeeloso by oxordse of the Powar d Salo horeln conta►ned,Londer shall Rotly Trusteo nnd
<br /> • � ahoA deposlt wllh Trust�o tNS Oood ot Ttust and tt�e Noto and auch roa�lpb and ov�dena�of exponditures mada nnd seeunsd by th�Deod of
<br /> Trus1 e8 Trusta�may toqu!r0.
<br /> � (p) Upon reeelpt af such�otice hom Lender,Trustes�shall ca�e to be recorded.pub�tsAed and dellvrarad to Tnntor aua7�NoSee of Oatautt
<br /> te
<br /> and Noltce of Salo es Inan requ�red by Iaw and by thls Deed ol Trust. Truslee sl�elt. wl�hout demand on Tnistor,afler such dm9 t�s may
<br /> thon be requlred by lew and aHar reeordallon of such Notice of Default and aAer Notice ot Sale having been gWen es requlrod by ltiw,sell
<br /> the Properry 8t the time and place of sato��xed by tt�n such NaYCe of Sale,ellher as e whot9,ar In separate lots w pnro8ls or Items as -=���Y
<br /> Trustee ShaM deem eucpadtont,and In such order as it may detmmine,at pubYC auction to the hlg�est btddef tor eosh i�IawitA money ot 4 ti.NA�'
<br /> the UNted Stntes payable at lho tlme of sele. Twstea shc�il deliver to such puchaser or purchasera thereof tts 9ood and sutftclent deed or � A..�
<br /> ' deeds conveyinq the propady eo soid,but without any covenaat or warrunty,express ar�mpUed. The recftels in such daed of enY ma►te�s
<br /> or tacls shalt�e conduslva praof ot tho huthfulnsss tharoot. My person,Includng without limitarion Trustor,Tn�stee,w�ender,may , e�_m
<br /> purchese at such sate. '��"
<br /> (b) As may ba permllted by Iaw,aRer daduotlng afl costs,leos and expensa�of Vusteo nnd af thls Ttust,i�uding costs ot eYderae of .'„��
<br /> tltie In connocrion wilh sate,Trustee ahaU appry tha ptaceeds ot sate to�ayment d(i)�1 sums exqended under tha terms of tNs Oeed of "'! �
<br /> " Trus!or undor the terms of tho Note not then repaid,Inciu�ng bul not Ii�t�dto eaxued interest and Inte ch&rges. Nf 8��other aums thon ,_;
<br /> ^ secured hereby,and(i�)the rematndsr.if any,to Iho person or persans lag�/en6lbd thsreto. .
<br /> , . , . (Q) 7rustae mny In the mnnnar prodded by taw postpone eato olait or any porl ion o f t t�a P roPe ri Y• ' �.,�-,�
<br /> .:�:,�����r:j: '� Ptemadiaa Not FatGu8lve.Truataa and Lender,and eROh of tham.ahall bo enU�ed 4oen7arco payment and portortnerto0 ot any Indebtedn�s ,.,
<br /> ��;��%�;,' or obliga9ons secured by Ihls Oeod ot Tmst and to exerclse a6 dghb a�d powera under thb Ooed ot Tnisf,under the Noto.und:er tny ot the {v;4����:
<br /> �:��,.
<br /> Retnted Ooauments,or under any other agreoment or eny Iavrs naw or hereaftar In taee:nolw�thstnnding,some or all of such in�tod� y
<br /> ,� � � and obtlgetfons seoured by this Deed o!Trust may now or hereafter be olhenivke secured�whelher by mortgape,daed o! hust. p ,-��
<br /> �9 �Ignment or otherwlsa. Nutther ths uaeptance of thls Oeed af T�ust nor Ib enfarcament.whether by couR aoUon or purouant to the power ot T�;��;
<br /> saie or olher powers contelned In thls Deed ot Truat,ahau preJudbe or In any mamer atlect Trustee's or la�dars dgM to renlit�upon a _
<br /> enforce any otY.sr security no�w or hereaAer hoid by Ttustea er Lender.It betng agreed that Ttustee and lender,and eaah ot lhem,she9 be ��.-
<br />�.._;`,: �_� _ any���Q�},wra th�s Oaed o!Trust end snY other seourity now er hereafter Aeld by lendar or Trusteo U suaA order and aanraer as they or [`
<br /> '•��r�-,%: ' � elthar of lhem may in theY ubsolute disaetton determine. No+erna�Y confiecrod z.� :���T�=�°'-'T�°�'�_ ��nlaMed to be t'_
<br /> exclusive ot any other�emedy In this Deed of Trust ot by law Orovlded or permMted,but eaoh shall be cumulaUve and st�edl Co In addiNon to `�
<br /> ' �, every other cemedy given In thts Deed of Trust or now or hereafler ebsfln8 at C�w a t�e4���Y«by stat�rte. Every powe�o�remedy Wian by t1�a �_
<br /> Note w any of the Rotaled Dooumenb to 7rustea ot Lender or to whioh eNher d them may be ethetvuJse endUed, mty be exe►c�vd� �
<br /> '�i:�t ��., concurrentty or Independently.lrom tlme to ume and as oHen as may be deemed e�edlent by Trusstee or Lender.and eNher W 1hem ms►9 _
<br /> �'��`� 4,� puraus Inconslslent remedlES. Nothing In thls Deod of Trust ahan be construed c;s prohrottinp Lender hom seetcl�p a de6Giancy lud��ron�
<br /> MW�fd.:
<br /> " � against tho TrusWr to the extont auch acllon is permHted by Iaax -_-
<br /> �;� qeq�cest For Not{ce. Trustor,on bohatf of Trustor and Lender,hereby requasts the►t a Copy of any Notleo of Qefault and a eopY of any Notice ��.
<br /> ot Sate undar Ihis Deed of Trust be matlod to them at the add�s tet fcAh In the ftsst pcuagraph of lhis Oeed ot Trust.
<br /> � Wdrer;ElEettan of R�medles. A walver by any pariy of a breach ot a proW�on of this Deed ot Trust SheA nOt ConsYitut9 a w8tvst o?or
<br /> . ., pemuedy P Wde�Bthie.s Osed ot T�st�A IVo o,aln any Ro,ated Daurrrent por provldsd by I�nw st all no�exct do�pursult o!any oU�rer emody ---
<br /> and an etsotlon to makoe�enditures or to take actlon to paAorm an obugaUon o!Trustor undar thls�oed of Tnut after ta9u�e ot Ttustar to ___
<br /> . •. � pedOrm shall aot aftaat Lenders dpht to declare a dofauit and to exmdse any of As romeHies. -
<br /> AttorrtayB'Feos;Expensea. If Lander InstNut�s eny suit or ec�on lo eniwce am/of Yie terms ot this 09ed of TNSt,lendev ehaU be enllAOd to
<br /> �_�„�. Y y recovrtr 8uch sum ea the court may ndJudgd reasonabie ss attorneys'fees at hial end On uny nppoai. Whethev ot not an couA eeUOn Is
<br /> h
<br /> .� involvod,all reasonab►e�cpe�ses�ncurtod by Londer whbh in lenda's opinton ero n0oa�snry at any tlme tor the prottoc�on of b infer�nt a ihe
<br /> ' �„•. entorcoment ot 11s�18hts ehaU became e part ot tha Indobtact�ess Onyabis on dema n d and ahap bonr Intereat at the Note rato trom tPoe da96 of �
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<br /> !�:+.,. ; e�endNuro unht repald. Expenses covorod by this parn8r�►Ph indude.withou!Umifatlon,however subject i o any�m►t�4nu�n�D����« --_
<br /> �'���Y;;f'• Lender's nKorneys'feas whathar or nol there Ia a Iawsuft,lndwllnp attonuiys'Nes ta bankruPloy prooeed rt�8 (� to ______
<br />. vttcatc►any eutomatie stay or InJuneUon). appeais and any entidpated posMudgmant eollecNon servtcos. tho cost ot sear�chlnp recad9, ___
<br /> - ' obtalntnp tltte reports(induding toreciosuro r6poAs),sunroyaa report�.ePPre�'�a►tee�t►ue I�turnnco,tsnd tee9 tOt the Trtnttee.l0 the ext�nt _
<br />_ ' '•� pormiNed by appticable inw. Trustor slso wi11 pay any aoud cosls.In addlWn ta et olAor sums provldAd bY Iaw• __
<br /> ,f, ,� ..
<br />:,:�,,,:;, ," Riphts of Ttuotee.Trusteo shall haMO alt of fhe rlphts snd dui�s of Wnder as ssl forth i�tNS secUon. �
<br /> .-��;,,ti;�"'..�`, �. POWERS AND 08LIQATIOH8 OF TRUSYEE. Tho toBowing proNSions relaHng to Ihe powors and obUpatlons of Ytustee are part vl thls Oeo�o} — '
<br /> TrD?t.
<br /> -� .rx.�•��— `�3 ruw��a ui::i:o:a.'�. :c:���:�C�!0 eli�nwo�9�f Tni¢faa arl4m 8S e fllflit8i Ot I�W.T�ttSteB Bi�eif it8Ve3 t118 p6W�t8 l64C ttxt ia�is":�E.^�k++'�g -
<br /> R't
<br />� " �•� wlih respoct to Ihe Properly upon the wdtten raquest Af Lender andTrustor. (a►Joln In prepartnp nnd nttnp a�►�eP a Di��ai�""� F'Z►'��Y, _
<br /> �� Inctuding tho dedtcntlon af atreets or olhor�Ights to tho pubitc;(b)1dn in grantirp anyeasoment or creaUnp aay restrlaUon�aa1h0 Roal PropeiM. `_
<br /> � �` and (c)►oln In any Bubordnatfon o�othor ngre0mont eHOtttng Iht�Doed ot 7rus1 ar tho Interost ot Lende�undet fhis Qeod a!Trust _._
<br /> `I, 3X.
<br /> � Tmgtee, Trusltie shatl t�t all quallticnlions requued tor TeuWeo undor apptlCebki �ew. In eddition to tho dghta nnd rem�lcs se1 torth abovo, �,:R:.
<br /> with rospeat fo nIi or any part ot the ProPeAY�1ho Truston shall havo tho ABht toloredose by notwe and sato,and lender c?�nN hav�tho dpht to •���:,,;.
<br /> � , .":� }oroelose by Judtelul toredosure,in elihCr cas0 tn aaCOrdnnCO w�lh end to tha fu9 exteM p�qNded Dy eppitcnble�aw. j..,
<br />' SUCC88S0�TN9Z00. Lendor,ut Lcandar's optlon,may hom Umo toYmo oDpo�nl e suroc►t'.�or Trustvs lo e�y Trusloo ap ��t�;����s�l _
<br />- • Instrument ext+cuted nnd ackoowled8od by Londru nnd tecotdod In tho ofioa�01�ltaroCaba of��a^tl'T�usttrt ihe boek�r+sl pu,^,a tor '�''
<br /> ex o
<br /> ''�' contarn,tn eddition to ud othor mattors requlred by stete t�w,fhe nnmt�s of th¢o eJ Londa, � •
<br /> •,�;;_:?:.o ..;.f:;.
<br /> computor syatam rotorerx0)whero this Ooed ot Trusf is rECOrdnd,and tho namo an address ot thfl euooessor trusteo,nnd Uw IroUument shA11 '�
<br /> tre execut0d ond acknowlodgetl by ali fhe benotidades under ih0 Deod ot Trust ar q�ei�suaaessore ln lntgrost. Tho euaoossor trosloe�wlih0ut � •��.,;;
<br /> " " conveyanco ot ths,Property.shsll succ¢ed to alt the tltle,povror. tied duUos con�otred upon the Ytustoo U thi3 Doed of Tnt�und 6y eppllCflb�O •..r,'V�
<br /> '., law. Thls grecedure for aubstNudon ot trustoo shuil govem to Iho e�xtus►on of ai ot?car proNSions tor aubsUlutton. ,
<br /> ueTtCES TO T6tUSTOA AND OTHER PARTIkS. Any noHoe undor Ihis Deetl d Trusl s�bv��w�d►i��rt�g,�msY�een nod ovaninlhfaCOUrbr.Ot.�lt �i. •:
<br />� � ., -- '- othervvise requlred by Iaw).and shpll be eHOCtiva wnon actuariy oeiive�ao.v������+^��^~�._.--_.�-., ---- -
<br /> . �> ma�tud,shau ba deomnd eftctllvD whon doposlted U lhe Unitod States mciil Mst cinss. oaAiRod or rogtstorod mult,postaQe prep�ld.dlroaSmd to the
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<br /> , addresSes ShOwn noar tho boginning o}fltls bved of Trust. Any pnrty may chenQe�a sdQress br noricos undor ihH Doed ot Tn�t by pivinQ fcrmai '• ,}},
<br /> w�itton nottce to the oiher panbs,speelfyfn9 that the purpose ot tha ndke is to change tho pad�/a nddross. Ali coplos of ooIICQS ot taoctosure Sram t.;:'"
<br /> ' For nottico purp�Ies�Trustor ny�jr�e s to ksep Le deeand Tru3tee in�lormed at,eN Gm�ot Tmstora�curront aCdresstho boglnnln8 dthk3 Oeizd of Tntst.
<br /> MISCOlANEOUS PROVISIOPt�.Tho tou0wt�g miscollnnoous provi3lo�s are n P�ot tNS Oo3d ot Trusl:
<br /> omhe mattora s t lorth�hfs Doodtot�TtnuLWNo allero�Uon oa or�amondmvnt t�o 1h Desd ot Trus!ahaU be aNeaUw un�bs9 8�n��np a d
<br /> •� slgned by tho pa�lyr or pe�ies sought to be charged or bound by the attera8on u amendmsnt. ..
<br /> Applicebie 1.aw. This Qced of trusl hafl becn detivered to Lcnde�and acapted br Lcrtdcr in tha 8tate o!Ntttra�ks.Tb1s Oced ot T�ua1
<br /> ohntl bo�ovemed by cnd eonntncM ln ae�ordance w�ih tho�aws of the Stcte atNebmske• � ,r :
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