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<br /> .��� . � - 105459 _ --_.. ----
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<br /> � 11.AeaMe11M U�Odwltt���t�• �1Po^d�fault b�Trustor in th po�meM of or p�rfamonc�of th�twms and conditions of �---
<br /> --- -___ th�Not�,a anl►rsn�wols,modifkotkm or�xt�nsions th�nof,or th�Ppl��of any othtr ind�bt�drNSS s�cu��d h�nb�or in tFw p�r'formanc�
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<br /> . � of arq of tM canr�nonh or apr�ts Mr��d�r,9�fkfory moy d�clan dl su�ssa+rwllwtob�imnwdiatoly duo and poyubla ond the scme ��:.- . - =,
<br /> � �������p�d p�robl�witho�t pr�s�MnNM,d�mond,prot�st a ratk�of any kind.Th�naft�r,Beneflciay marr d�livK to
<br /> �> TrostN a writton tMcloration of d�fou lt a d d�m o n d for s o l�.Trus t N:h all how tiN p ovwr of sal�of tiw Pr o p r r t y ard if 8�mfkiary dufd�s the
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<br /> • <<'-��•�' . Prop�►ty is to b�soW it shall d�posit wlth TrustN thia ONd of Trost and the Not�or not�s ad any otMr daummts�vid�ntinp�xp�ndituras __. _.
<br /> ^' ~ ��.��.� s�eu�d hK�b�,ond thall d�liv�r to TrustM o writtm notk�of d�fault and�I�ttlon to caus�ih�Propsrt�to b�sold,and TrustN,in tum,sholl
<br /> �,'y• �.�-���' p►epare a simfMr notk�in th�form rpuk�d by law which sholl be dulr iil�d for racad by Tru:tw.
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<br /> • ,� a;�„�,,�,� • (a)Aft�r th�laps�of such tlm�as mary b�rpui�ed b�law followinp tlw�acordat�on of Notke of Default,and Notic�of I�falt r,nd Not�cQ o
<br /> _ � � . SaN hovirp bNn pivm os rpuind by law,T►ust�,without d�mand on Trusta,sholl s�ll th�Propety in on�or mon parals and in sah ader
<br /> - �'� os Yn�:tor nw�r d�t�rmtn�an th�dot�and ot th�tim�and plaa dasipnot�d M mid Notiu of Sale,m publk auctbn to th�hiph�st bidd�r,th�pur- �
<br />-.,:;;;�`� ;�.���.,';..�'`..r� ; � chas�p►fa poryobl�In cash in bwful mon�y of tla Unit�d Stat�s at tM t(m�of wb.Th�p�rson conductinp tiN sob may,fa any caus�h�or sho __
<br /> ° ' dMms�xp�di�nt,postpom th�soN from tim�to tim�untll it sfioll b�compl�t�d and,in�v�ry such cas�,notia of postpon�nNnt sholl b�pivm �rv�w
<br /> ' ' _ j •�""` �' by publie dabration OhKwf b�sueh p�rson at the tim�and plae�last appoiM�d fa th�sal��provid�d,if th�sal�is postporMd fa lonp�r 9hon � _
<br /> ° ;"..� on�11)daY b��ond th�doY d��ipnot�d in th�Notfca of Sob,notiu thu�of sholl b�piv�n in th�som�mann�r as th�aipinal Notiu of Sol�. �-
<br /> .. :� T►us1M rhall�xaut�and d�liv�r to th�pwchosor itR Owd conv�yinp th�Prap�rty so sold,but whhout ony convmant a worronty,�xpross,or E�f�.°Y,,,��,.;
<br /> ���-"J - "� knpllyd.yh�raftol�in tM Owd of any mattws ar facts sholl be conclusiw proo f o f�;�tr u l h iu l n�ss t h�►�o f. A n�p�r s o n.i n c l u d i n p w i t h o u t -��-_ __—
<br /> . . A� r .., "` IGnitafion TrustN.moy purchas�ot th�sak. �
<br /> t � � ,,,, (b�.Wh�n�rustN sdls pursuant to tM pow�rs h�r�in,Trustw sholl apply tM procNds of th�sok to pa�ment of tiw costs ord expms�s of �
<br /> �K�rcfslnp thr powK of sol�and of th�mk,lncludinp,without limitotion,th�po�rrMnt of TrustM's FNS incurnd,which Trustk's F�es shall not d=-"'�,;,�"�
<br /> � �� � °� in flw aqprapota �Mtaad th�followinp emounts based upon th�amount saw�c:horeby ond r�mdninp unpoid� 5 percantum an th�balanco .�;;.,,_Y;;;;
<br /> � th�nof i and tMn to the it�ms s�t fo►th in subporaqroph(t)hereof in the order theroin statad. • - —
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<br /> � . '.:.���'• (c)AflK paylnp th�it�ms spuifi�d in subporayroph(b),if tlw soN is by TrustN,or the proper court and othar costs of foraclosura and so1Q r-
<br /> � if iM mN is pwsuont to iudiciol fa�closw�,thQ praeeds of sak shall b�applied in the ader stotad bolow to tlw poyment of� �,�
<br /> � � „ .• (1� Cost of an�evid�nc�of titl�praured in connection with such sal�ond of any nvonw raquired to bQ poidJ �-_
<br /> ' (2) Attorn�ysfeesr �,��
<br /> . ' . (3) All sums tMn sacured h�reby� n`'�""s. _
<br /> • (4) Junior trost de�ds,morfyapes,or other limholders:and =--
<br /> n � ' (5) Th�nmaindor,if any,to ths person or persons lopail�entitled thareto. __
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<br /> (d) !f the 9ertefki�ry of this[1w+d of Trust is a bonk as defined by N�braska low,any statement contained in any other section of this deed �_.
<br /> ' ' � �� notwithstandinp,tho Beneficiary sholl not be entitled to receive or take and debtor sholl not Iw obligotad to pay ar give:a�y confession of judg• ,-___
<br /> ' � �,, , ment,power of attwney to eonfass judyment,power of attarney to appear for a borrow�r in o judieial proceedinq or apreomant to poy the eosts ,�:�'��.�•�•,_' �,_
<br /> ° '���� ' of collection of the attorneys'feos,unless such acts of collection woutd not otherwise be prohibited by Nebraska low.Provided,however,thot
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<br /> •. � . this section does not oppl�to the Trust�e fee referrad to in paraproph 6(b).Providod furlher,fhat this paray►aph sholl not apply to this Deed of
<br /> � Trust,if the Beneficiary is not a 6ank. �` _
<br /> 1 p, AddN1oM1 Suwitp In�t►u��M�.Trustor,at its expense,will execute and deliver to the Beneficiary,promptly upon demand,such securi- .•'•'~�N•* "-.
<br /> ty instrumenis as moy be required by Beneficiary,in form and substance satisfactory to Beneficiary,coverinq nny of the Property conveyed by �
<br /> . this Deed of Trust,whkh seturity instnxnents shall be additional security far Trustor's fathful pe�formance of all of the terms,cavenonts ond �•
<br /> tonditions of this Deed of Trust,the promissory notes secured hereby, ard anY ether seturity instn�ments executad in connQCtion with this tran- +JwJ'�,�'�j�R._�v�
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<br /> soction.Suth instruments sholl be recorded or filed at Trustor's expense. �' -
<br /> , 13. Appoi�Mt o/ Sueaaor TrudN. Benefitiary may, from time to time, by a written instrument exetuted and ocknowledged by , =__
<br /> Beneficiory,mailed to Trostor and recorded in the county or counties in which the Property is locoted and by otherwise complyinq with the provi• :µ,,,�,�:�.;�„
<br /> sions of the applicable laws of the Stato of Nebrasko,substitute a successor or successors to the Trusfee named herein or actinp hereunder. _ . _
<br /> �� "� •• � 14. Mtpullon�.Beneficiory,or its a9ents,repre,entotives or workmen,are authorized to enter ot any reosonable time upon or in any part • „:
<br />_ of the Property for the purpose of inspectinp the same and for the purpose of performinq any of the ats it is autMoi:ed to perform under the , :_.
<br /> � torms of the Deed of Trust. � "
<br />- , �• 15. Optioa to tonebw.Upon ihe oceurrence of any default hereunder, Beneficiory sholl have the option to faecbse this Deod of Trust in p _ ,,,..,_
<br /> ,; � . the manner provided•�la+�fpr the.forocbsuro of mortgages on real property. � � �' k
<br /> 16. For�bMre�a b�Nn�ikhry Not�1N�IM�r.Any forebearance by Beneficiay in exercising any ripht a remedy hereunder,or otherwise ; � �w:
<br /> • " r ' �� ' offaded by applicable law, sholl not be o waiver of or preclude the exertise of any such right or remedy.likewise,the waiver by Beneficiar�of ` , :�,
<br />. ony dQfault of lrustor under this Deed of Trust sholl not bQ deemed to be a waiver of any other or similar defaults subseQuently occurriny. i .
<br /> • I 17. Tnida Not Rdta�d. Extension of the time for payment a modificotian or amorti:ation of the sums secured by this Oeed of Trust ±
<br /> granted b�Beneficiary to ony successor in inierest of Trustor shall not aperme to release,in ony manner,the liability of the aiginol Trustor and ;
<br /> Trustor's successor in intQrest. Beneficiary shall not be required to commence praeedings ogainst such successor or refuse to eztend time for
<br /> ` , poyment or otherwise modify umorti:ation of the sums secured by this Deed of Trust by reoson of any demand made by tfie apinal Trustor ond
<br /> Trustor's successorininterest.
<br /> � , 18. Y�n�fkhry's Pow�ra.Without offecting the liobility of the Trustor or any othe�person liable tor the payment of any obligotion herem
<br /> mentiontd,and without affecting the lien or charge of this Deed of Trust upon any portion of the Property not then or theretofore released os
<br /> seturity for the full omount of all unpaid obligotions.8eneficiory may, from time to fime and without natice. 1�1 release any person so liublr.(i�i
<br /> extend the moturity or olter any of the terms of any such obligotions,liii)grant other mdulgences, (iv)release or reconvey, ar cause to be
<br /> released or reconveyed nt ony time at Beneficiary's options any parcel,portion or all of the Property. (vl toke or release any other or additional
<br /> security for ony obligation herein mentioned,or(vil make compositions a other arrongements with debtors in retotion thereto.
<br /> 19. Wtun Adra�¢a.Upon request of Trustor, Trustee at Trustee's option, prior to reconveyance of the Property to Trustor, moy moke
<br /> ! future advanees to Trustor.Such future advances, with interest thereon. sholl be secured by this Trust Deed when evidenced 6y promissory
<br /> � notes stoting thot said notes are secured hereby;provided thot ot ib time��la��ea�ed pnnupal, tuture advances,no�mciuomg sums ad•
<br /> � � vanced to protect the securi+y,exceed an aggregate principul omount of S •
<br /> 20. Nuonw�ona b�Tru�ta.Upon written request of Beneiiciary stoting that all sums setured hereby hove been poid and upon surrender
<br /> of this Doed of 7rust and the Note to Trustee for cancellation a�id retention and upon poyment by irust�r of Trustee"s fePS 1�•ustre sholl
<br /> retonvey to Trustor, or ihe person or persons legally entitled thereto,without warronty,ony portion of the Property then held hereunder The
<br /> � recitals in such retonveyonce of ony mutfers or facts shall be conclusive proof of the truthfulness thereof.The grantee m ony reconvPyaixe moy
<br /> ' be described os"the person or persons legally entitled thereto".
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