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<br /> ' of poetpnn�ma�l ahell bo pivon Gy publlo�faolaratlnn lhoroof by auah pn�aun al lho Ilmo ancl placp laat appolntoc�fo�tha .. __....___-_ _
<br /> ' eato:prnvldad,lf Iho aalo lo pontponod far lonpor ihan ono(11 da��bayond lht�day�Soel{�natud In tho nolleo of e�lo,nollce �
<br /> Ihort�of ehall bo plvon In!ho aemo msnnar oa litn arlpinpl nolloo a�oalo,truotau enall oxuauto nnti dollvor to tho purohfleer �
<br /> � '� Ita Oeed oonvaylnp tha F'roperty ao oold,hu1 wlthou!any aavenAnl or warranly�oxprone or Impltqd.The roollale In thfl deed
<br /> - _.. ot any maltarn nr aoto eh�ll bo adirolualaQ�toof af tho IrutMulnaoo thoraat.Any perean, Inutuctlnfl BonaHolAry,maV pur• I. . .
<br /> f. . _ .
<br /> " ut�asu at the ealo, f
<br /> - �.T�_..••� . .� (h!) Wt18t1 I tUtfitltl aalio N4iouai�t SQ :!SO QO:���t« hw�w►�,Ihw�fNqtww ahqll ep�tly ihE1 p(OC�8d9 OI�h0 f3Q10 l0 P3ymfJh�01�h0 - .
<br /> coale and o�ponaea of oxerclafng 1ho p��var of eafe and af fhe 6sls,lnoluding the paymeM ot the�n�Al�fl's fefla aatualiy �:•�' . _ ,�.
<br /> Inaurrad,whloh T�ueteo's faoa ehall not In tho aflflropnto exaond Iho tollowln4 amounl hasod upon the umount aoauraq
<br /> hereby and romatnlnq unpald;6 porcentum nn tho first S1,000 thflroof,l porcentum on tho Dnlnnco thersof and thon 10 the
<br /> Itoms In aubparnpraph(C)In Iho ordor lhero atntod,
<br /> � (�) t f toCloeuro flnd 8 le If thU ao ol�s pursuan!tojudlolAl�fol ootosuro,th pr0000d9 of 9AI9 shal/berAppllOd nt ho o�de r►at d • ':
<br /> . ta tho paymont of:
<br /> (I) Cae1 of Any vvldonoa of title procured In connoctlon wNh auch sale and of Any revonue atampa; �
<br /> (II� All ouma the soaured hereby; j
<br />' (III) The remalndor, If any, to tho person logally ontitic�d ihoreto. �
<br /> ' 13. Dullss�fld Obilqatlone ot T►ust��s.(t►)The dutic�a untl oblipatlone ol Ttustoo ehail be doterminod solely by tho oxpr�ss
<br /> provlelona ol thls Deod of Truat,und Truateo ehall not be IlAblo exaopt for the partprmanco of suoh dutles and obllqc�tlona ae I
<br /> are epeolflaally ae1 forih hereln,and no Impll4d aavenanta o�obllgatlone shall bo imposad upon T►ustaa;(ta)No provislona af �
<br /> lhla Qoed of Trus!ehAll reQulre Trustee to expend or rlsk No own funds,or otherwlse Incur any flnanclt�l obtlp�tlon I�tho per• ,
<br /> formance af any of He dutlES hereunder,or In tho exeralae of any of its rlqhts or power,If It ahall hAVe Qrpi�nds to�bollavinp � �
<br /> thal the repayment of 9uGh tunds or adequAte Indamnity agalnst auch rlek or Ilabllity Is not reasonably asaurt;d to It: (al � .
<br /> Truetee may conault with counsel of Its own ohooslnfl and the advice of auoh counsel ahall ba full and complflta authorization i
<br /> and proteatlon In the roapoct of any actlqn taken or auttered by It horaunder In qood faith�nd�vllance lhereon;(d)Truatee
<br /> � ehall not ba Ilable for eny actlon taken by N In qood falth end reasonably bellovod by It to bo fluthorized or withln the dlscretlon
<br /> or Nghte and powere confarred upon It by thla Deed o4 Truot. , • �
<br /> 14.Addltlooel Ssau►Ity I�struments.Truetor,ut ite expen�e,wlll execute and dellver to tho Trustee.p�amptly upon demAnd,
<br /> auch aeourlty Inetrumonts as mey be requlred by T�uatee,In form and substance satlafsotory to Tru�te:,covering Any of iha
<br /> Property conveyed by thla pead o}Trust,whloh 8eourlty Instruments st�att be addltlonel seourNy for �r�.stor's}althful perlpr•
<br /> mance af all of the te�ms,cove�anta and condltlone of thla Oeed of Trust,tho Loan Agreement,any promisaory notea aeoured . •
<br /> heroby and any othor socurity Inetrumente exeouted In conneotlon with this transaotlon.Such Inatrumenta shall ba recorded ' •
<br /> or tlled,and re•rocordod And re111ed,at Truator's expense.
<br /> 15. Mlecellaneo��a.
<br />- (A) In the event�ny ono or more of the provlslone contalned In the�3eod oi Truyi,vT iHv tva�A$rasrnani ar a�y prosnl�sory -- ._ - - _
<br /> note,ar any other socurlty inatrument glven In connection wlth lhis transactlon,shall for any reason ta bo held to be In•
<br /> valld, illegal or unenforceable In any respect, such Invalldity, IIIegAlity or unenlo�Geablllty eh�ll, �t the optlon of
<br /> - Bvio=�Gi&Tjl�:�t2�a!'.��:sz�4!!:=!S)S��ls!^�^!!n�A Dwad of Truet.thet ihis Deed of Tru9t shall be carts4�ued a9 Ii such In-
<br /> - valid, Illegal or unenforceabie provialo� fiad�iever besn containad horc�in or therelr..
<br /> (B) Thls DeeQ of Trust shall be conatrued according to tho lawa of the S1Ato of Nobraaks.
<br /> � (C) The Deed ot Trust shall Inaure to and bind the helrs, legatees, devisees, adminlslrators, executors, succe9sprs and
<br /> 3 aselpns of the partlea hereto.
<br /> (D) Trustor ehAll pay 211 taxea levled upon ihla Oeed o1 Trust or the debt aeCU�od heroby, together tivith�ny other taxes or
<br /> asaASamenis whlch mey be levled agalnst the Truatee or Beneticlary or the legal hoider of ih9 Loan Agreemc�nt on ac•
<br /> ]. count at the Indebtedneas ovldvncad thereby.
<br /> ' (E) Whenevpr used hereln,ihe singular number ahall Include the plural,the plurai,the singular,the usa of any gender ahall be
<br /> � applicable to all gondors,and the term"Benellclary"shall Include any payee of the indebtednoss heroby seoured or any
<br /> � trAn9fer thOreof,�vhpther by operatlOn of law or otherWlse. �
<br /> � 16.Suaaeasor T►unlee.Beneftclary may from tlme to timo aubstltue a suocesaor or successora to any Trustee named Iiereln
<br /> or aoting hereunder to execute this Trust Deed. Upon auoh appointment and withaut convenyance to the successor Trustea,
<br /> the latter qhall be vested wNh all titla,powers and dutlea conferred upon any Trustee herein�amed or aoting hereunder,Each
<br /> ;. ' � i suoh appolntment and substltutlon shall be made by wrltten Insirument by Beneflclary,conlalning referenoe tt+this Oeed of
<br /> ;�.. I Trust and Ita place of raco►d, which when recorded In the otflce of the Reglstor p1 Oeeds ot the county or countlea In whloh
<br /> `�'• . sald properly le situatod, ahall be cancluslve proo} of proper appolnlmenl of the�ucceasor Truatee.The foregoing power of
<br /> �'° substltutlon and tho p►ocadure therefor ahall not be excluslve of the power and procodure provided for by law tor tha subalNu-
<br /> '� tlon a1 a Trusiee or Yru9tee9 In th�place of the Trustee or T�•usSeea named hereln.
<br /> .c 17.ForbaA�ence by Banallolary o�Truetes Net a Walve�.A forbaarance by Beneticlary or Trustee In exeralsing�ny right or
<br /> 's ramedy horoundor,or otherwlse etforded by eppllaable law shall not be e walver of or preclude the exerclae ol any right or
<br /> r�medy hereundar.Likowlae,the walver by Beneflclary or Trustes of any default ot Truator under this De�d o1 Truat shall not bo
<br /> � deemed to be a walver ot any other or simllar detaults subsequently occurring.
<br /> � 18.Trus4ot Not R9leased.Extenslon ot the tlme for payment or moditlCatlon or amortiz2tion of the yuma secur�c!by the
<br /> �" Deed o1 Trust granted by Benellclary to any successor In Intores",ot Trustor shall not ope�ate to release, In any mannor,ihe
<br /> ,� Ilabillty of the original Truator and Trustor's succosaor in Interes3.�enefiClary shall not bo raquired to commence proceecflnQs
<br /> ;�� agalnet auah successor or refuae to extond time}or payment or otherwiso motllfy amortization of the aums�ecured by the
<br /> '�; Deed ot Trust by reason of any demand made by the original Trustor and Trustor's successora In Interest.
<br /> �; 19.Optlon to Forealoae.Upon the occurrence o1 any default hereunder, Beneticlary ahall hava the optlon to toreclose this
<br /> � Deed of Trust In the menner provided by law 1or the foreclosu�o of morigages on real praperty.
<br /> ' 20.Truator'9 Rlghte,AbBent Oefault.Untll any default In the payment ol Indebtednass hereby securod,or untll the breaoh ot
<br /> � any covenant hereln contalned,the Trustor,Its succeasors and assigns,shall possesa and enJoy the proporty and recelve the
<br /> rents and pro111s theretrom.Upon paymeni ot all sums secured by this Deed ol Trust, Beneilciary shall request Truatee to
<br /> ; rocanvey lhe property and shall surrender ihls Oeed of Trust and all notes and Laan Ac��oemants evidencing Indebtedness
<br /> ' secured by the Deed ot Trust to Trustee.Trustee shall reconvey ihe praperty without warranty and without charge to the por•
<br /> ,� sons legally entit�ed ihereto.Tho Grantee In any reconveyance may be descrlbed as"the person or persons entitled thereto",
<br /> and the recitals thereln of any mettere or facts shall be conclusive proof ot the truthlulneSS ihereof.Such person or persons
<br /> � ahall pay all costa of recording, If any.
<br /> � 21.Trenafer o1 the Propsrty;Ae&umptlon.I}all or any part ot the Property or an Interest ihereln Is eold or irAnsterred without
<br /> � � Bone}Iclary's prior written Coneent,except es otherwise provided by law,8eneflclary may,at Beneticlary's optlon,declare all
<br /> � jthe aums secured by thle Deed ot Trust to be Immedlately due and payahle.Beneticlary shall havo walved such option to ac•
<br /> i coleraie N, p�lor to the eale or 1rAnster,Beneficlery and the person lo whom the Praperty Is tn bo sold or iransfarred reach
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<br /> HC�01517r901 �
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