|
;.5. - - - . .F� . `} . . 1 . . ,:. . _.__. _ .�it ..--�--�T`y`: `-':._ ..
<br /> , _ . . .. � ..:� .. � -.. -
<br /> � �1 . iv: . . ��. . .- . - - - - �— - _. _ -�_11 —
<br />. .. ......`, _. . . . ... , , -s.
<br /> '' ;.
<br /> •--•--•. � ,� '. � -
<br /> � :�
<br /> � ��.-�� �d�� ._ _.�_.... _ :
<br /> ,. . � �' ,
<br /> .��� ' A ��,!!_��t�s�t�i t!�,y�k,lay�1�Its�a�a�cei€�ia. Upan dofault by Trustor i�i iho F�oYm���e of pr porlormanr,e of 9h3 tanna ond�CU�d���of �
<br />�'.;:, �Pi�Noto,ar�ny ranawale,marf ilic�tlone ar extensions thnr�o},or tha pnymen►af any ot�wr liidt��t�r,lnnss eacurod hareby or In tho pAriarr�ance �
<br /> of�ny ot tha�onvananl�or apreemant�horeundnr.O�na4ir,lary may dsclaro all sumi sacuraa haroDy immedintoly dua and poynAlu mld tAo sumo
<br /> ' slu�ll theraupan C�soma du�and poyaplo withput�ras�rttmant,derortnd,prpte�t or�olito af aoy kind.Thoroaiter, Oonof Icl�r��ma;►dalivar lo �
<br /> ' ,;: TruStre n w7isten de�;Mrotten ot dafa�ilf nr�ci damnad tor coln.rrt�stno shall hovn t�e power of 9nla of thv Proparly and if pOnof Iclary d9cidos tho j ,
<br /> � —= -- P�tarfy Ig to Ae sntd it�uall depQe�g wlth Tr�rstee thl�Waad nf trvf:t�nd tho!loto or notp!qnd any othor documents ovldnnclnp oxpendiluros i
<br /> -------••=�-��-- ����rarl M�ralsv,as�d choll dativer ro 9'rt+staQ�wrHter�nn1l��nf r�nlquit�nd etcction to ca��so tho Proporry to ho eu�d,and Trustco,in turn. sholl �:
<br /> � � prepare a slmilar nntico in the to�m r�qulred�y la�v whlch ahnll Dt►ttulti�filoA tor record by�rustea ��'�"� �" • »
<br /> � (a)ANor tho I�pso of such 14no as may bi�required by Inw toHarilna the roca elaNan of Notico of t�ofoult, and RfaFie�of t}zto�{s o+s�i P:oti,e nf � . .
<br /> Sala having bean pivun as rcqui►ed Au low.Trustoe,wi9hout«iri�zand on Trustor, sholl soll tlio i'rop�rty in on�or moru pattols and In suth ardnr �
<br /> ' _ as Trustor moy dotarmino on thn dat9 and at tho tlmo and pl�ee cln�lAnntad ln soid Notica of S�lo,ot puollc auc�lo��to tha hiph�st btddor,tho pur-
<br /> , ehaso prlco payabla in cash fo lanrful rnonoy of thn United StotaF e}thp timo of s�lo.Thn porson conAuctinq tho saln may.for any causo ho or sho
<br /> deoms oxpedient, pnstpnno tho snle tr�m fima tn tima untll it shall he com�lofod and, in ovRry such caso,noticn o}postpon�monf Shall bo 4ivan �
<br /> by publlc doclaration thereof by such porsrn nt►h��tlma and ploco last opppintad to�• tho eale;providud,if tho salo�s postponad for lonper than �
<br /> on^ (1?daY hny�nd oh„dny dasignated In tha Natir.-�of Sato,notico thor�of shall bo givi3n in tho samo mannnr as tho oriqinol Notito of Sala.
<br /> TruStpF�shall oxor.ul4 m�'!tlaliver to fho purchnset it�i O��ed convoyinp tho Prop�rty sn sald,6u1 r�ithout any convenanl u�warranty,���rncc or �
<br /> impliod. Thn retitols i��tho Qead of ony matters or facts shall bn canclusivo prool of tho truthtulnoss thoraol. Any porson, Inr.ludin{�without i
<br /> limitoti�n Trvstoa,may purchase M tho salo. �
<br /> (b►.Whan Tn�stFF tvlls pursuant to tho pawvrs haraln,trusfeo shull npply tht�prat�ods of tha sala to paymnnt of tho casts and c�Mpens�s af i
<br /> efccrcising thv pnwer of salo ond of tho salo,fncludin{�,without limitotion,thu payment of Trustao's Foos incurrecl,which Trusteo's Foos shpll nat �
<br /> in ttu�r.�gregato er,cesd tho following amaunts basad upon tho omount socurod horeby and romaining unpaid: 5 porcontum on tho balancE� .1
<br /> � 4RWroct•ond then to the ibms sot fc►th ln subparagraph(c)horoof in 1hv ordor thoroin state�. ;
<br /> "��� (c)flfter poying tho itoms specified In Suhparngroph(b), ii tho salo is by Trusteo, a 4!i:rrop�r court nnd othor cosis 01 forttlosure and sale ;
<br /> .`•: • ,
<br /> ..-;.,�•,:°�� , �y i�tRo sulo is pursuant to judicial ioro�losuro,tho procends of sal�shall he appliad in t�:e c+•dar sgated balo�v to Iht+paym�nt of� .
<br /> ,�,. �' .. � .
<br /> � ' (1) Cost of any evidence of tftlo prouired ln con��ection with such sula ond of ary revenua required to bo po�d; , � ��
<br /> . (2� Attomeys feos,
<br /> t3) All sums then secured horoby, ,
<br /> . (A 1 Junior trust deeds,mortgogos,or olhor lienheltlers,and ; ,
<br /> (5) Tha remainder,if ony,to the porson nr ps�sons Ivgally entitled thoreto. . .
<br /> i
<br /> (d) If the Benefitiary of 9his Oted uf Trust is a bank as dofined by Nebroska luw, any statement contoinnd in any other section ot this dead ��
<br /> • notwithstandinq, tho Benuficiary shall not bo entitled tn recoive or t�Fe and dwbtor shall not be oDligated to pay or giva:any confession of jud4• i , �
<br /> ',, ...
<br /> __°�...:,.____ , moM,power o1 attorney to confmss judgmant, powor of attorney to appear for a borrower in o judieio!proceeding or agreament to paY the costs
<br /> � i
<br /> of collection ol tho ottornevs'fees, unloss such acts of collnclion wpuld not othenv�se bo proi��b��ed'oy�1'eorosica�vtiv.�r�viu'�i, h3:�ravar, thut ; - —_ _
<br /> • this soction doas npt apoly to the Trustoo feo roferred to in porUgrpph h(b).PraviQed further, lhot thi�parngropfi shall not apply to this pee�l of � ,
<br /> . 1 Trust,if tho 8on9ficiary is not o bonlc. ' '
<br /> ---'- -- —-
<br /> ��_c.._.��:r�M��!'��«�,. .nm No unnn domnnrl cuch cMCUI'�•
<br /> tZ. Ad�itbiwl ieeuNty te�trumont�.Iruslor,ai iis expeme, w�i�rnei.vic u��u uv�..�� • • r•r-�••��•�-�-••--••- • = - - — - -"
<br /> ty insirumants as may bo rvquired by Benoiiclary, In form and suDs�anco satigfactory�o Benefic�ary,covering any oi tho Propar9y co�tivoyeJ by ; �'
<br /> thls Deed of Trust,which socurity instrumants shall be add>>�enal socurity tor Trustor's foithful porformanco oi ull of the terms, cOVpnants and ,
<br /> conditions of ihis Deed of Trust, the promissory notes socured hareby,and any othar security inslrumAnts exocuted in connflttion with this tron• �
<br /> saction.Such instrumoms shall be recordod or iilad at Trustor's e�Fon50.
<br /> 13. Appolntm�nt of Succeasa� Veuateo. Bene}Iciary may, from timA to timo, by a written instrumenf oxocuted and ackno�vled4ed by �
<br /> Beneficiary, mnilpd to Trustor pnd r�cvrded in the county or tountio5 in�vhich tho Proporty is loca"ed and by othqrwisv tomplying wi°h tho provi• ,
<br />• � sions of iho applicable laws of the Saate of Nebraska.substitute a succossor or successors to the Truste�namnd I�erein or ac�ing hereundor. ,
<br /> • i 14, tn�pectlo���.Oeneficiary,or its agents,represt�ntotives or workmaq,ara uuthari:ed toenter.atany.consonoblN+�me upon or in any por�
<br /> I of tha Property for tho purpose oi inspecting the samo and for tho purposo of perfaiMi g any_oi�1�0�t�it is nuth�oized fo poriorm undor th�
<br /> terms af tho Oeod oi Trust. ,� . ,����� �a u �' �t
<br /> I 15. Option ro Foreclosa.Upon tho occurrento of any detault hereundery�e�w�ieiury'��wl6hau�.t���p+���to foroclose this kleed af Trust in
<br /> 1 the manner provided by law ior tha foreclosure nf mortgapos on real property.
<br /> ' 16. Forebearanco�y Eteneflelary Not a Wal�a�.Any forebopronte by Beneficinry in exercising any ripht or remedy hareundor, or othorwisc
<br /> afforded by opplicable law,shpll no16e n waiver oi or precluda the exercise of any such right or remedy.l.ikowise, the waiver by donoficiary of
<br /> �' any dofault of Trustor under ihis Deed of Trwt shall not be deen►ed to 6o a woiver of any other or 4imilar dof aults subsequontly occurring. .
<br /> � l7. Trwtor Kot Rtl�asod. Extension of tho timo for paymem or madificati�n ar umarnza��on o1 tho sums securad by this Deed of Trust
<br /> pronted by BenofiCiary to any suctossor in interest o1 Trustor shall not operote�o re�ease. �n anp mpnnor,the lipbility o)tho origin�l Trustor and
<br /> � Trustor's suctossor in interest. Oone}iciary Shall not be required�o comm�nce proceedinqs against Such successor Or refuse to oxtend t�mfl for
<br /> ppymont or otherwise modify omortizotion of the sums secured by this Oeed ot Trust by reason of any dornand mpde Gy thn original Trustor and
<br />- Trustor's succossorininterest.
<br /> 10. Ranelielory'e Powero. Wit;�uut affectin4 tha linhility of the Trustor or any o�her porson IioAlo for tho payment ot any Ckligption horein
<br /> mentionod, and withoa�aifecting the lien or cl�qrgo of�his Deed of Trus� upon any portion of tho Proporfy nat then or thQrc�tpfore relen5ed as
<br /> security for ihe full amaunt of all unpaid obligations,8onoficiory moy,from time to time nnd without notice.(i�re!ease�ny person so liable, 1���
<br />_. a�iend fhe maturity ar alt2r any of tho tcrms of an� :uth obligul�ons, liii!�r�qt 4�hNr indulgentes. Iiv1 release cr retonve9, or cause to be
<br />-� roleased or retonvvyod nt any time al Boneficiaiy'S optians any parcel.portion or oll 01 th�Property. (vl foke or re'ease ony othpr or add�nonal
<br /> secu�ity}or any obligation herein mentianed.or Ivi1 mako compos�t�ons or othor orrangemonis with dobtors in relation theroto.
<br />-. 19. FYtute Advanee�. Upon request of Yrustor. Trusteo n� 7rustee's option.pr�or to reconvuyance of the Property to irustor moy muke
<br /> - future advantos to Trusto�. Such future advances, with mterest thereon. sliall bo securod by ►his Trust Dee;�nhen evidonced by prom�ssory
<br /> � nofes stotine�thot said notes nre secured horeby. prov�dod th�t at no tima shall th�secured princ�pal. future cdLances not mcludinq sums ad• �
<br /> vanted to protect tho secu►ity. �xceed on aflc�regate prmcipal nmount o1 S '��p�a�
<br /> 20. Recon�eYanco 6y Yrwteo.Upon�rntlen requost of Uonetic�ary stotmg thnt c�ll sums secv�e�he�eby have been pn�d,und upon wr render
<br /> oi ihis Onad of Trost and the Note to Trusteo for cancellalion und rMention und upon poym�nr br Tr�crc� of Trustee s tees Trustee shall
<br /> , reconvey to Tr�stor, or the person or parsons legnlly ontitlocl thereto,without warrnnty,uny pornun ef rhe Prcperty then held hereunAer.The
<br /> '; reiitols in such reconvoyance of ony rnatters or facts shnll be conclusivo proof o1+ha tru�hfulne�5 rr,ereof. The grantee in any reconveyance mny
<br /> fbe describod as"'the person or persons le�ally ontitlod thoreto '
<br /> i
<br /> � '
<br /> �
<br /> �
<br /> .
<br /> �
<br /> I
<br />
|