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:i. TRANSFER OF THE PROPERTY;ASSUMPTION. If all or any part of the property or interest therein is sold, transferred or <br /> oth(erwise conveyed by Trustor without Beneficiary's prior written consent, excluding (a) the creation of a lien or encumbrance <br /> . subordinate to this Deed of Trust, (b)the creation of a purchase money security interest for household appliances, (c)a transfer by <br /> devise,descent or by operation of law upon the death of a joint tenant or(d)the grant of any leasehold interest of three years or less <br /> not containing an option to purchase,such action is a breach of this agreement,and Beneficiary may,at Beneflciary's option,declare <br /> all the sums secured by this Deed of Trust to be immediately due and payable, or cause the trustee to file a notice of defauk. <br /> Beneficiary shall have waived such option to accelerate"rf, prior to the sale, transfer of conveyance, Beneficiary and the person to <br /> whom the property is to be sold or transferred reach agreement in writing that the credit of such person is satisfactory to Beneficiary <br /> and that the interest payable on the sums secured by this Deed of Trust shall be at such rate as Beneficiary shall request. <br /> 6. ACCELERATION UPON DEFAULT;REMEDIES;SALE.The failure by the Trustmr to make any payment or to perform any of <br /> the terms and conditions of the Note,or any renewals,modifications or extensions thereof,or the payment of any other indebtedness <br /> secured hereby or in the performance of any of the covenants or agreements hereunder shall be a breach of this agreement and the <br /> Beneficiary may declare a defauR end may declare all sums secured hereby immediately due and payable and the same shall <br /> thereupon become due and payable without presentment,demand,protest or notice of any kind.Therenfter, Beneficiary may deliver C,0 <br /> to Trustee a written declaration of defauR and demend for sele. Trustor egrees and hereby grants that the Trustee shall have the (;� <br /> power of sale of the Property and ff Beneficiary decides the Property is to be sold d shall deposit with Trustee this Deed of Trust and <br /> the Note or notes and any other documents evidencing expenditures secured hereby,and shnll deliver to Trustee a written notice of F..� <br /> default and election to cause the Property to be sold, end Trustee, in turn,shall prepare a similar notice in the form required by law, � <br /> which shall be duly Tiled for record by Trustee. � <br /> (a) After the lapse of such time as may be required by law following the recordation of Notice of DefnuR,and Notice of Defauk � <br /> and Notice of Sale having been given as required by law,Trustee,without demand on Trustor,shall sell the Property in one � <br /> or more parcels and in such order as Trustor may determine on the date and the time and p!nce designated in said Notice � <br /> of Sale, at public auction to the highest bidder,the purchase price payable in cash in lawful money of the United States at <br /> the time of sale.The person conducting the sale may,for eny cause he or she deems expedient, postpone the sale from <br /> time to time until it shall be completed and, in every such cese,notice of postponement shall be given by public declaration <br /> thereof by such person at the time and plece Iast appointed for the sale; provided, 'rf the sale is postponed for longer than <br /> one (1) day beyond the day designated in the Notice of Sale, notice thereof shall be given in the same manner as the <br /> original Notice of Sale. Trustee shall execute end deliver to the purchaser its Deed conveying the Property so sold, but <br /> without any covenant or werranty,express,or implied.The recitals in the Deed of any manners or facts shall be conclusive <br /> proof of the truthfulness thereof.Any person,including without limitation Beneficiary or Trustee,may purchase at the sale. <br /> (b) When Trustee sells pursuant to the powers herein,Trustee shall apply the proceeds of the snle to payment of the costs <br /> and expenses of exercising the power of sale end of the sale, including,wRhout limitation,the payment of Trustee's Fees � . <br /> incurred, which Trustee's Fees shall not in the aggregate exceed the following amounts based upon the amount secured <br /> hereby and remaining unpaid:5 percentum on the balance thereof,and then to the items in subparagraph(c)in the order <br /> there stated. �. <br /> (c) After paying the items specified in subparagrnph (b), if the sele is by Trustee, or the proper court and other costs of <br /> foreclosure and sale'rf the sele is pursuent to judicial foreclosure,the proceeds of sale shall be applied in the order stated <br /> below to the payment of. <br /> (1)Attorneys fees and costs of collection; <br /> (2)Cost of any evidence of title procured in connection w�h such sale and of any revenue required to be paid; ° " <br /> (3)All obligations secured by this Trust deed; <br /> (4)The remeinder,if eny,to the person legally entitled thereto. <br /> 7. ADDITIONAL SECURITY INSTRUMENTS.Trustor,at its expense,will execute and deliver to the Beneficiary, promptly upon <br /> demand, such secur'ity instruments as may be required by Beneficiary, in form and substnnce satisfactory to Beneficiary, covering <br /> any of the Property conveyed by this Deed of Trust, which security instruments shall be additional security for Trustor's faithful <br /> performance of all the terms, covenants and conditions of this Deed oi Trust, the promissory notes secured hereby, and any other <br /> securiry instruments executed in connection with this transaction.Such instruments shall be recorded or filed at Trustor's expense. <br /> 8. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may, from time to time, by a written instrument executed and <br /> acknowledged by Beneficiary, mailed to Trustor and recorded in the county or counties in which the Property is located and by <br /> otherwise complying with the provisions of the applicable lews of the State of Nebraska substitute a successor or successors to the <br /> Trustee named herein or acting hereunder. <br /> 9. INSPECTIONS. Beneficinry,or its agents, representatives or workmen, are authorized to enter at any reasonable time upon <br /> or in any part of the Property for the purpose of inspeding the same and tor the purpose of performing any of the acts it is authorized <br /> to perform under the terms of the Deed of Trust. <br /> 10. OPTION TO FORECLOSE. Upon the occurrence of any breach and upon the declaration of defauft hereunder, Beneflciary <br /> shall have the option to foreclose this Deed of Trust in the manner provided by law for the foreclosure of mortgages on real property. <br /> 11. FOREBEARANCE BY BENEFICIARY OR TRUSTEE NOT A WAIVER. Any forebearance by Beneflciary or Trustee in <br /> exercising any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise <br /> of any such right or remedy hereunder. Likewise,the waiver by Beneficiary or Trustee of any default of Trustor under this Deed of <br /> Trust shall not be deemed to be a waiver of any other or similar defautts subsequently occurring. <br /> 12. TRUSTOR NOT RELEASED. Extension of the time for payment or modfication.qr;piri'�tti�atioq, f the sums secured by this <br /> Deed of Trust grnnted by Beneficiary to eny successor in interest of Trustor shalF not.cppre,�,e.to r�1�'ese�,in a manner,the liebility of <br /> the original Trustor and Trustor's successor in interest. Beneficiary shall not be required to rorr�nence p ceedings against such <br /> successor or refuse to extend time for payment or otherwise modify amortization of the sums secured"by this Deed of Trust by <br /> reason of any demand made by the original Trustor and Trustor's successors in interest. <br /> 13. BENEFICIARY'S POWERS. Without affecting or releesing the liability of the Trustor or any other person liable for the <br /> payment of any obligation herein mentioned, and without affecting the lien or charge of this Deed of Trust upon any portion of the <br /> Property not then or theretofore released as security for the Tull amount of all unpaid obligations, Beneficiary may,from time to time <br /> and without notice at the request of one or more Trustors()release any person so liable, (ii)extend or renew the maturity or aRer any <br /> of the terms of any such obligations, (ii)grant other indulgences, (iv)release or reconvey,or cause to be released or reconveyed at <br /> any time at Beneficiary's options eny parcel, portion or all of the Property, (v)take or release any other or additional securiry for any <br /> obligation herein mentioned, (vi) meke compositions or other arrangements with debtors in relation thereto. All Trustors shall be <br /> jointly and severally obligated and bound by the actions of the Beneficiary or any trustor as herein stated. <br /> 14. ATTORNEY FEES,COSTS AND EXPENSES. If the Beneficiary of this Deed of Trust is a bank as defined by Nebraska law, <br /> any statement contained in any other section of this deed notwithstanding,the Beneficiary shall not be entdled to receive or take and <br /> debtor shall not be obligated to pay or give;any confession of judgment, power of attorney to confess judgment,power of attorney to <br /> appear for a borrower in a judicial proceeding or agreement to pay the costs of collection or the ettorneys'fees, unless the interest <br /> payable by the terms of the Note referred to in this deed is 16%per annum or less,or the note referred to in this deed is repayable in <br /> two or more equal or unequel installments and over a period of more than one hundred forty-flve(145)months.Provided,however, <br /> that this section does not apply to the trustee fee referred to in Paragraph B.6(b). Provided further that this Paragraph B.14 shall not <br /> apply to this Deed of Trust,'rf the Beneficiary herein is not a bank. <br /> RIGINAL(1) <br /> cn�c��o�i ��ne�I�L.��L� sl��sl�Wle I�I�DV/�• M-��nn n� .. <br />