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<br /> • � • copy ehowing the ineurence to bo in full Porae and effoat et all timao dur nq
<br /> � tho tarm of this Dooa of Truat. -_
<br /> �} ��e �., , pe
<br /> ..,,.'�';`"r. �'• � 4. ACTIONS AFFECTINt3 TRUST �a�oTa�fectuthersecurity hereof�orntheontest
<br /> ,, • , - - any action or rocoe nq urpor ng �__ -_-__---__
<br /> ,.. -
<br /> , , . righta or powers of Benef ciery or Trustee and ahall pay all coete en � �°
<br /> �, . expeneos. 3ncluding aoet of ev3dence of ti�lA and attornoy's �eB�shauldY guch
<br /> ;,s;, •, action or proceeding i�n which Heneficiary or Truatee may appe -
<br /> :c�;°�• •, Trnstor fa31 to meke any pa]�nent or to do aay act as and in the menno~ �__
<br /> ��(` � #,y� .,.: r� ,: provided in �oY of the Loan Inat�rwments, Benef iciary and�or Trustea, each 1n — —
<br /> its own discretion, without abli at:lon, mt.�y make or do t e same in such mar►rter
<br /> ', '"5 �'�, t'r,tS�L��;� and to such extent as either ma deem necessary to protect the security M,� -- �{:�
<br /> �;_:�i � �� �� hereof. Trustor shall, i�miedia�ely upon demend therefor by Heneficiary, Pay �` �,�e�'.�' ti;__
<br /> r,��;�:,;,�i;.: y
<br /> ,:.�;;;•.-;'c� ��; .;l,,;���.", � all costs andexp ensea incurred b Beneficiary in connection with the exercise � � ` - --
<br /> by Beneficiary of the toregoing rights, including, without limitation, cosLs
<br /> �""` µ�� ' ^ of evidence of title, court coats, appraisals, surveYs and attorney s fees. ��
<br />-,'"� ' ' ' ahelludr�w�nterest a� the8defeultiratetprovided�in�theYN°te.w(12tj� deiaand _-
<br /> " �� � ' 5. E!lINENT DONIAIN. Should the Trust Estate, or any p�'t trovementror " - .
<br /> •�' �.���'� interest t ere n, e .a en or damaged by reasan of an publi imp ""'F:;�[.;'.��r,;_._.
<br /> . .�_. . ..�. . . YK i..}�s" "
<br /> � �:...^_'1._ !Y'"'.
<br /> condemnation roceec3ing or in any other manner lnclu ing deed in lieu of
<br /> �"• � Condemnation �"Condemna�ion"), or should Trustor receive any notice or other ---=� ��:��s�,,.;,
<br /> � information regarding auch proceeding� Trustor ahall give prompt written ,,.�.,;x,�..,� _�
<br /> s '`���'�a''�� notice thereof to Beneficiary. B�nef ciary ahall be entitled to all ••�,s,,,,. 1,,,�;,
<br /> ti , • ;�.`:,�5�, . .:. ,�-- -----
<br /> y�r t, F;� _ compensation awards and other p�yments or relief therefor, and shall be �- �,���----
<br /> .:,..�,,: r,. � �+f�'. � entitled to make any compromise or settlement in connection with euch taking ,�r t, .�_
<br /> � or dams e. All such compensation awards, damagea, rights of action and {��i,, ;, .
<br /> 1c:::,./�.
<br /> ; :c;����;:-s• � -. proceeds awarded to Trustor (the� t'Prxeeds") are heroby assignec7 to f.;,.,,..�_�_:_-_
<br /> � :��',' ,r�` �� ° � � Hen�ficiary; and Trustar agrees to execute auch further aseignments of the d Y
<br /> � - - ��-;�S 'fi'i �F1 .�� �v-_. _ -- —
<br /> ,:;. ;1�3' pracesds ae Beneficiary or Trustee may raquire• t�.
<br /> ''�;(,`��':;5:;: i „'�}i`t•� `� ���j� 6. }1p80INTt�IENT o 811CCESSOR �'RUSTL+E. Seneficiary may, fxom t i me to �`}°�i:�' ;'�;_
<br /> ;-� , F — ` t
<br /> � ��•'� •�' +t,%�`,��� �1 tirae, by a'� en x en execute an acknowledged by Benef iciary, mailed ��;� _
<br /> r � ` ;'�'�.?�`.','. • to Trustor ar�d recarded in the County in which the Trust Estate ia located and .. � ��,�;•. ,
<br /> ''� � ' � � by atherwise ca�p 1 ing with the provieions of the apPlicable law of the State :� �`, �•��y `�': _�
<br /> �,� �� , 'TL{ur�_
<br /> � ; •„ , �;,;...��. oi Nebraska aubatS�ute a succcssor or suc�pRaors to the Trustee named herein j��c �+'?'.
<br /> ,•••. � �- or actinq hereunder. �} , �'• _
<br /> ' , �� �� 7. SUCCE3SOR8 AND A33IGNS. This Deed of Trust applies to, inures to 1
<br /> • , the benefi o an n e a pax ies hereto, their heire, lec�atees devisees, ,:_ ' �-
<br /> � „ . � � personal representatives, successors and assigns. The term Benef�.ciary"
<br /> ��==.
<br /> shall mean the owner and holder of the Note, whether or not named ae ��t�.+�
<br /> •� Boneficiary herein. , .;..."'•.- "'—"
<br /> ,� .a, r ,..., r..i ' -
<br /> , �> 8. INSPECTION3. Benef iciary, or its agents, repreaentatives or „ � �
<br /> workmen, a Q au or 2ed to enter at any reasonable time upon or in any part of , �
<br /> � ' , the Truatee Eetate for the purpose of inspecting the same and for the purpose �
<br /> of performing any of the acts it is authorized to perform under the terme of �Y�� . ;Y :•.v�
<br /> � ; � eny of the Loan Inetrumente. ;�}��.•~-_=
<br /> � � U . :. pt:�c:—
<br /> 9. EVENT3 OF DE�AULT. Any of the following evente shall be deemed an •;,:r?3H��eY,;_----
<br /> � event of de au eraun er: '�_'"�� ',"• -_
<br /> � (a) Trustor shall have failed to make payment of any installment of it .,.,I..A..�t•;�:
<br /> • .` 'l'll��_-
<br /> � ' , , interest, principal, or principal and interest or any other eum secured hereby h+_,_ua_
<br /> , .; when due; or, �;, ,. .. :����_
<br /> . ,. "'.. ,r`
<br /> .. � '.�::.���
<br /> ;•�,�.,;';.'.�:,, (b) There has occurred a breach of default under any term, covenant, _ . .
<br /> • � 4��• ` a reemenE, conditio�, provision, representation� or warranty contafned in any ;; .,,..,..,....,, __��_
<br /> . . ��'�'�'•' o� the Loen inetruments. �':.f' '
<br /> � �,�a�
<br /> . . „� � ; `. ,. . ; ' '.•,*'�:t'hk���
<br /> � � � � � � 10. ACCELERATION UPON DEFAULT ADDITIONAL REMEDIES. Should an event of ,,�;'=.;�;,�"��`�';
<br /> ..:�: ;;:,; . . • . :
<br /> ,,o
<br />��.,i��• .� .; ? . � ' .�•. •� default occur ene c ary may ec are a n e e ness secured hereby to be � ,;,.,;,,
<br /> �,,";�.,_,. � , ' due and payab'le, and the seme ehall thereupon become due and payable without ;;';,;,; , • '�i�":
<br /> � any presentment, demand, protest, or notice of any kind. Thereafter the '•,. , . . . . .
<br /> . ' .. Beneficiary may: +.
<br /> (a) Either in person or by �ointedWbtyha Courthand without9regard to�the i �'�''�� �
<br /> � or proceeding, or by a receiver app
<br /> • � adequacy of its security enter upon and take possossion of the Trust Bstate, 1•;,�{:,'
<br /> or eny part thereof, in �ts own neme or in the name of Trustee, and do any
<br /> ects which it deeme neceseary or desirable to preserve the value ',
<br /> marketability or rentability o� the Trust �state, or part thereo� or interest � 1
<br /> therein, increase the income there�rom or protect the security hereof, and
<br /> � with or without ta k ing posses s ion of the Trust Estate, sue for or otherwise
<br /> � '" • collect the rents, issues and profits thereof, including those past due and
<br /> � unpaid, and apply the same, less costs and expenses of operation and
<br /> � collection, including attarney's fees, upon any indebtedness securQd hereby,
<br /> all in such order as eeneficiary may determine. The entering upon and taking
<br /> possession of the Trust Estate, the collection of such rents, issues and
<br /> ...,f;ra An� thA adolicatfon thereof ae eforesaid, shall not cure or waive any
<br /> �__.. ,.. .,.,Qo
<br /> � `defeult or notice of default hereunuer or invaiiddi.e a�iy ac� ....��u .. =^°r-..--
<br /> to such default or pursuant to such notice of default and, notwlthstanding the
<br /> ' ' continuance in possession of the Trust Estate or the collection, receipt anc�
<br /> application ot rents, issues or profits, :'rustee or Beneficiary shali be
<br /> � entitled to exercise every rigl`:t provided for in ar.v o_' the Loan Ietstr.�n:ents
<br /> � or by.law upon occurrence of ar.y evert af default, zncicding t4�e rignt to
<br /> • , exerci�e the power of sa�.e; •�• ,
<br /> � (b) Cocmience an activn to foreclose this Deed of Trust as a mortgage, ' ,
<br /> appoint a receiver, or specifically e�force any of the covenents hereof;
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