|
— .� c .�t' . a:.ti . L 4 �' .. �' � -�
<br /> Y. .;:A�::' - ' ' { -�� Y . .. .,: -. � _i o __
<br /> . -� �� _A�a � ,_� .�.3���
<br /> �. .,_.. � _ . _ .. �`—'. _... ..-�
<br /> Y= �.. ( c � . ' � . .� � .
<br /> .�_ . ` . . -• • � � . ' , < � � c. . ';. ' C , . a � . 4 � '
<br /> �L� _—___ " __�� . . a � . a . . . f' . . — . . '' . • . � . � . a ' � c a ` � • � , ' . . .
<br /> ``
<br /> ° 4 . . � . . . ' ' . . . . . . � . . . . . _ ._.. . ; - , � {�' �
<br /> < , ` .. � , � r�� • ` . . � " ` ' . - � � .� .
<br /> , . . . . . _ . . . - . � � . . ., � 9�- zos�s�► . � �� _
<br /> b: Bayment of all s�ms advanc�d bp Beaeficiary to prote� the,Txus4 `
<br /> 8state, xith interest thereoa at the xate of sisteei'r percent (i6tij �e�c anqt�. .
<br /> --�—_�u ` - ` � This Deed of Trust. ti�e-t�te, �nd anY ot3ier`fnstr�at giveA`to �vi�eac�° - -, .
<br /> -- � ' • or fur�her secnre the gayment am� perfoxm�tce of �ay ob�igatian� sec�red �ereby -
<br /> - are r8ferre� to`aollectiveZy, as the '�oa� In�tr�ents"-� � . , ' ',
<br /> :.ra .. , . . . . .
<br /> ' . ' � �C�' � `ac'Y`�•`++� Q�` �S���D O�;�$�2 � � .
<br />— . . �. PA'Y�NT_� t1F ,,,,, Trnstor�sbalk PaY Nhen dua the`princ3.pn1
<br />-_.;�`'y. , . af, aud the iaterest an, etfi�5�eaness evidenced by the Note, charges, fees _
<br />-=°` - . -' and all other sums as proyid� i:t the I�oan Instruments: . . ; .
<br /> , � � �
<br /> �-_ . 2.. TAI�S: Trustor shall.�PaY eaah iastallment ef all taxes artd specfal� �
<br />_x`_ .
<br /> � assessmerits 9f ever� kiud, riaw or hereafter levied against tha 1'rust Bstate or _
<br /> , aay.part hereof. before delinquency, ttitI�out natice ar dematt8. and,shall . �
<br /> �. _ " ' ` pravide.�BeneficiaYy �ith enideace of the paymeht of�same� - Trastar shall pay� , --
<br /> -== a12 taxes a�d assessments �hich may be l�vted upoa Seaeficiary's intearest � . � '
<br /> - ` ` herein or upon this Deed of Trnst or the �ebt sacared herehY, witisout' reg�rd � . --
<br /> - ' to any law.that m�►y be� enacted imposirs9 PaYment o� the rhole or anY P� �
<br /> - � there�of upoa the BeneficfarY. . , - � � _-
<br /> ,` ''•"`'' 3. INSORBRCE BIID RSPAIRB. Trttstor shall maintain fire and extended
<br /> 'a:.��4�'' _ •,c''� ' �if�3-
<br /> -' -�- � ' �''� caveraqe-in�rance ing the improveaients and buil8ings constituting part - - - . f.Y_r.;�—.
<br />`t_---- :_�,v... • . _:
<br /> � � • � � > � of the Trust Estate for an amount no 'less than the mnonnt of the'unpaid '.E-:�;=
<br /> , ��::: : ;. . �
<br /> �=.;{-. �
<br /> - .-.t,�;,:;- : ,j�> ° principal balance of' the Note (co-insarance not exceedin4 80�k permitted). =�-°-::
<br /> -�=4* : . c � 3uch i*�*-A*�ce polity shall contain a atan8ard mortqage clause in favor of � `::''�`
<br /> ' � . .t.�'� ::. ' � _ Beneficiary and shall not be cancellable. tesminable, or modifiable Without -• .;;�=
<br /> -- _ � � � ten (10) days prior �rrittea aotice to Beneficiary. Trustor sha11 pramptly • :°�-:_.�
<br /> • .. ���':; . . r�r. .',��_��=
<br /> :�S.;_ ji�nt,$fj� $nd�1.'BP��S@ �1@ � E$��A or any part thereof SO �1St� r� ,l.
<br /> � ' except for'ordinarY wear and tear, the�Trust Estate shall not dete�riorate. In :: �J'
<br /> ' _ ��
<br /> � " ��'= ao event shall ttte Trustor coma�t Waste on ar to the Trust Estate. � .. =.��-�•,T
<br /> �;�s�=.:- . .�r��;r.
<br />�.' ' � 4. ACr20N3 AFFECPING TRIIST ESTpITE. Tsvstor shall appear in aad contest -- :`�'.
<br /> ._.. �_ :. �. :�,� - ..._ . any actica or pr pnrport to fect the security hereof or the :�•;. �.
<br /> : , , ' zights or porrers of Benef iciary or �'rustee, and shall pay all costs and ,
<br />- . . � expenses, including cost of evidence of title and attorney's fees, in any such �
<br />_ . � ' • action or proceeding in which Beneficiasq or Trastee may appear• 3hould '
<br /> : �. � � � ' - Trnstor fail to make any payment or to do any aat as and in the manner -- � - - �
<br /> ,. . .
<br /> pravided in any of the Loan Instr�mtents, Beneficiary and/or Trustee, each in-
<br /> r° � � - its own discretion, withont obliqation, maY�make or do the same in sucb manuer. �
<br /> an8 to such extent as either may deem necessary to protect the security
<br /> .� � ° . hereof. Trustor shall, imaediately upon demand therefor by Heneficia:y, pay � .
<br /> �:.=:= ..� � . ° - . -. � al]. casts anc7 expenses incurred by Beneficiary in connection witb the exexcise 1 � �
<br /> - � by Heneficiary of the foreqoing rights, includirsg, without limitation, costa �� �" ���
<br /> - ' �� ��--���� of enideace of title, caurt costs, appraisals, surveys and attorney's fees. �� '�'�- �'
<br /> . . Any such costs and expensqs nct paid within ten (10) days ��f written d�td F ..
<br /> . � • , shall draw interest at the default rate provided in the Hote. � � .� •
<br />_` �.. -, ` �, -�:-- ' 5. EMINBNT DOMAIN. Should the Trast Estate, or aay part thereof or ; .. � . .
<br /> , ,,,;�Y�-��= -- ���•�'- ,- interest t ere n, e t cen or damaged hy reason cf any public iaiprovemeat or !..� �____....
<br /> - candemnation proceedinc�, or in aay other manner including deed ia lieu of 4
<br /> � � • Condemnation ("Condemnation"j, or should Trustor receive any notice or other •
<br /> �'' •. :. infozmation regarding such proceeding, Trustor shall qive prompt written r '
<br /> '�-. ..: ._:�= . �- .: _ . .. : notice thereof to Heneficiazy. Beneficiatiy shall be entitled to all ; � . � -
<br />,,.-. -�: � , . ., ca�pensation aaar8s and other payments or relief therefor, and shall be �
<br />= . - entitled to make any compromise or settlement i�.connection aith suah taking ��'. - �
<br /> � • or dam�ge. All such compensation, awards, damagea, rights of actian and ;,
<br />���z' � • . , proceeds awarded to Truatar (the °Proceeds") are hereby asaiqne8 to ; . .
<br />'�� � . � ' � Beneficiary; ared Trustor agrees to execute such further asstgmnents of the `�. : �.
<br /> � � � � � Proceeds as Heneficiary or Trustee may require. . . � .
<br /> -c � . .
<br /> • � � • 6. APPaII�TI�ENT Ori SiJCCL83oR TRUSTEE. Heneftciary may, fram time to • • �•
<br /> ;;:� � tLne, by a vr en n s�unent execu e an sckaawledged by Henefiaiary, maile8 • : �
<br /> _ ;, • to Trustor and recorded in the Cotinty in which the Trust Estate is located and ,
<br /> • .� � � by otherwise canplying �itih the pravisions of the applicable law of the State ,
<br />— d�=--r- = � of Nebraslca eubstitute a successor or successors to the Trustee named hereia
<br /> -- ��__-'..:.. • -----_
<br /> ,t;c�-.r = or acting hereun�3er. , , ,
<br /> •'+r'- � .�:'-. �-.'� :i� .� . , ' ,
<br /> _ ==�_•=�~ -.- 7. St1CCE83oR8 AND ASSiGNS. Thie Deed of Trust appl3es to, inures to � . ' - -- �
<br />' ��.•�� �i: ... ' . the beraefi o en a parties hereto, their heirg, leqatees, �devisees. . , .
<br />-_'-�:� _.�-�" � . �personal representatives, successors and aseigiis. The tesm "Benefici.asy"
<br /> ..l � � �� ` shell meaa the owner and holder of the Note, whether or nat named as �
<br /> __ :; � BensPiciary herein. . � , , . ,
<br /> ` -��-�� - . , .
<br /> �i�� _.,��.�1��� . '
<br /> '����:�a..:...�:- .. _ _ . .. . _ .. _ . _ . , - . - - - - - .. _. . _. . . . _ =-- - -
<br /> �� ;�� i�h �. � . . , . , .
<br /> _ •���� . � . .
<br /> — _ - . . ' . . . . � . . . . .
<br /> � v������T3_ � ' �. . ' . '`' ' . .
<br /> . . _ �.�'.��'t`.- .� ., . . • . . S..
<br /> , .
<br />
|