.-.-,T•�- �� . . -
<br /> .[�� -- ,,��•`'�r r -
<br /> .� • • . ..__� _ ..
<br /> ::� � �� 93,10F�.3q'7 � � --�
<br /> -- _ A---.�--=--r�+
<br /> �+T�•�'M 1;f
<br /> -�- -� (t,he"prneeede"�ere haroby arwigned W Beneticfary an�etnr e�le�a to executa euch iLrther arrigr►monN ottho Procsedo
<br /> ��Ben�ttd�ry�nd Trurtur��ee� W�x�cute wuch tbrbha�aawiQnmant�of ttw Proceedr a�Be��flei�ry or T�vne�may
<br /> rrquir�.
<br /> 8. FUR'URE ADVANCES. Upon requeyt oPTruetor,AanoQalary.at Benelicinry'�ap6ion,prior to reconveyanos of the
<br /> i�op�rfy to Trwtt�r may mako fuwre advance�to Trurtor. 8uch ftiture adveneea,with intereeb lhareon.�bali ba wcund
<br /> by this Lleed of'l'ruet when wvidenced by promin�ory notaa�tating ehat waid not���re�ecured hareby.
<br /> 7. MPOINTMENT�F 8UCC6980R TRUBTEE. Heneflciary mey� fivm t(me w dme� by a written imtrummt
<br /> _:r; � — executed snd ecknnwledged by Benelkipry. msiled to Tru�tor and Raoorded in the County in whiah the Tru�t�st�ts b
<br /> Inc�ted and by otherwiwe uomplying with the provielona of the epplicable law ofthe 8t�te oPNebraok�substitub a�uocMaor
<br /> or wooesron W the TnnEeu rnmed berein or acting t►ereunder.
<br /> z'��� � 8. BUCCES.40RS9 AND A9SI[iNB. Thie Deed of Truet appliea to,inurea w thebenefit ofand bindo wll parliw hereto,
<br /> their hoirr,legnteee,devlcees.persa�al rePrexeninlivea,aucces�ore ond auxi�ns�. Thca term"BeneBeinry"ehall mean the
<br /> . owner and holder oP the Note.whether or nal namod ne 13oneficiary herefn.
<br /> A. IH3PEC7'ION. Beneliciary or ite agen�may make ►eaxonnble entriea upan and inepections of the I'raperty.
<br /> �'� Benvficiory ahall givu Tniutar notice et the time af or p�for to on inepection specitying reaeoneble cause for Wte inepeatian. v-
<br /> ���.T�:.�m:� 10. 'fRUSTOR NOT RELEASE[Y,FORBEAR/WC�BY BENEFICIARY NdT A WAIVER. Exeeneion of the�ime for __
<br /> ---"+�:rne:%_:.. payment ar modificalian of amort.ization oP the Buma tlecurad by 6h{n Se�:ui{ty InRtrusacnt�ranted by 8caeticiary Ro any -
<br /> ���'�a�.����� suaeseor in intareat of Truetor ehall not operate to releaee the liubllity of the oriµine�17Y�awr or Truetor's suaceaeors in °'"'
<br /> — w=-,;;,,;;— intereat. Be�eQcfary shall nnt bo roquired ta cumme�ce proceedinae u�tainRt nny Rucceaeor in intereet o�refk�ae ta eutead __.
<br /> � �^ �;•� time for payment or otherwiee modily amoHication of the euma secured by this Secudty Instrument by repeon of�ny
<br /> � demand made by the original Trustoror TrueWr a eucceseore in interes4 Any farbearance by Beneflciary in exercirinR nny
<br />_� � '}tl��.j',' •: '"` righL or remedy shall no1 be a wuiva�uf or preclude the exe�rise of any�ight or remedy. _
<br /> -- -is;.,""?��`; 11.TRANSF�ROFTHEPROP�RTYORAHENEFICIALIN'TERFSTINTRU3TOR. IiulloranypartoftheProperty �
<br /> ;,,Y4^'R �`` or any intereet in it is sold ar tranaferced�oe iP a beneticiul intereet in Ttvstor ls sold or traneferred and T�uetor iw not a =_
<br /> , �'� natural person�without Benef�ciary't prior written consent,Beneficiury may,at ita option,require immediate paa�ment
<br /> wx,�t �'•'w :�� in full af all sums Recared by thia Securitv Iru+trument.however,thie option shall not be exereieed by Beceficiary ifexer�cise �..
<br /> �;�,Q���,�;:�• „ ,i ia pruidbited by federal law ps of the date of this Securit�•Inatrument.If BPneBcinry exa+rcisee this option,Beneficiary ahall _,_
<br /> give Truetor notice of ncceleratinn. The notice shull procide a periad of not less then 30 doye fi�om the date the notke is
<br />' � t• %`��1,?-�•. i� delivered or mailed within which the Truetor must pay all aume aecured by this 3eeuritp Inetrument. Yf 1Yuetor fajle to �
<br /> �",`'r"� °�'.��"�, .; pay the�e numa prior to the expirution of thie period,Heneficiery may invoko any rr�dies permitted by this Security "'.`'�^/•
<br /> . ' ,�i��' ���" Inrtrument wfthout further notice or demand on TrueWn �—
<br /> 12. EVENTS OF DEFAUI.T. My of the following evente ahall be deemed an event of default hereunder. —
<br /> :.„� , . • a. Trustor ehall have failed to muke puyment of any inetallment af intereat, principel,or principal and intereat ��°�°
<br /> ', , �Y;�•. � ,�„ , or any olher sum wecured hereb when due:or
<br /> -�r:
<br /> ;-��'� ;�,��l<',',.wis„ b. There has occurred a brench uP or default uncl�v any term,covenant.agrcement,rnndition,provieion, repre- "�"�
<br /> " ;� ;'?�1"�'f•,.�•F,`.' :, sentation or wurrunty rnntained in any of the Loan Inetruments. .-..-
<br /> '4. .�. !r•.
<br /> - ••t 13. ACCELERATION;AEMEDIEB. BeneGciary ehnll give notice oPdefault toTruator prior to aexelerntion following
<br /> � "! " Truators breach of uny covenant or agreement in this Truat peed. The notice shall epecify:lal the dethult; Ibl the action _
<br /> ��:,�,�:.;:•.:�,,.,.
<br /> .�� ,,,�,,, ,;,,�� required to cure the dePault; Ic1 a date,not lees than 30 daya from the date the notice is given to Truator,by which the �;,_
<br /> •-•���.•••�•'�?� dafhult mw+t be cured:and ld►that failure to cure the default on or before the dute apecifiod i�Lhe notice may result in ____
<br /> ':s��"r'�..�i;: '� acceic�rntion of the sums secured by tMis 3ecurity Inxtrument nnd eale oT the 1'roperty. '1'he notice ehaii iurther inform _
<br /> �y,..r.,.l� :;.:,,,,.� _-
<br /> ,S�+.A.r., Trustor of the right to reinwtate atter ncceleration and the ri�ht to bring a court activn to aesert the non�exiatence of a
<br /> . �����}� deiuwlt or any other dofenae ol'7'ruator to nccelerntion and anle. If the default ic�not cured on ar before the date eperiQed �
<br /> in the notice,Beneliciury at ita optiom m�y require immediate paymenl in full of all aums aecured by thie Security --
<br /> , , h " Inatrument withnut further demand end mny invoke tho power of xale und any otherremediea permitted by epplicable law. �''--
<br /> ; �' • Trustsr ahall be entilled tn cullect allexpenrce�incurred in pursuinQ the remedies provided in this paragraph 13,inoluding, k'�V 4
<br /> w ��.,.�r. ,
<br /> .,��!��'. but nnt limited to,readonablc�nrtnrney'K fees+and coqt»nf�title evidenco. !f power of asile is invoked, Truatee ehall tecord �_-_.
<br /> • '1';•;r;,.�,�, a notire af dePault in each count}•in which nny pad of the Property is located and ehall mail copiea of auch notice in the
<br /> "� ''�);i�� ' manner prescribed by upplicnble law•ta Truetor and to the other peraons pre�cri6ed b,v applicable law. ARer the time �•�,
<br /> " required by applicnble Inw, TruNl��e�hull uivo public nolice uP xale U►the perxons and in the manner prescribed by �"•`-
<br /> ,� ., ���:,;'�`: epplicable luw. Trustce,withuut drmand on TruKtor,Nhall sell the Property ut public auction to the higheat bidder at the
<br /> � ,
<br /> �. �,'•',��� time and place und under the terrne deai�nated in the nutice of Kale in une or morc parcels and in any order Trustee
<br /> . detcrrminex. TruRtee mny puKtpune�ala.�of nll or any piircel uf the Property by publk announcement at the time end place _
<br /> .,_.,..,,,;;;."':i�,.'' oPnny previously xcheduled r+nl��. Benelicinrv or Itx deei�,mee muy punha�xe the Property at any sale. Upon receipt oP
<br /> � r .. ' � '"ti. . pnyment of the pric�bid,TruNt����rihull deliv��r to t h�purchn+er'1'ruxtee K decd ci►nveyi ng the Pmperty. The recilelK in the t °
<br /> • ., Truetee's devd ehall be prima fiuie c�•id.+nci�of thi•truth�>Pthe stutements miid�Ihemin. Truelee shall apply the proceede f
<br /> �,;��. +•.� , . of the eAle in the fnllowing��rder: �+��t��+�II��xptmaen uf the xnle,including,but nnt limited to,Trustee's feea ea permitted !
<br /> ,:•,�.;;,�; �, . by nppliceble Inw�nd renKOnnMi•HlturnNy'y frry; Ibi to nll eumN r+ecured bv lhie Security Instrument;and 1c1 any excees ,,`-;
<br /> , '': .` '. to the person or personx letinlly entiUed lu !t. �.;,
<br />_ .. . .i:4'�.'
<br /> "'. . •�:,� .. ;
<br /> 19. RENF.�ICIARY IN PO5�IEStiION. Upon a�cceleration undi�r pnrngrnph 13 or u6endonment of the Property. �'i
<br /> ;�r�,.�;1��`�y;.: Benelicjury�in persun,by usent ur by judicinll�•��ppr�inted receivi�r i ahnll be entiUi�d to enter upon,tAke posaeasion of end .
<br /> i mannge the Yroperty und to collect:h� r��nt�of the Prup��rty includin�;thus��purit due. M,y rentes collected by Heneticiary
<br /> . � or the receiver xhnll br npplied Rr�t to p.��•m�•nt of th�� �nKtx nf m+in+�g��mi�nl of the Property nnd collection of renta, '
<br /> 1 inclading,but not limited to,receivern fces, prrmfumK on rerNi�er'x Mmdx+�nd ri�uxnnuble attornM,v's feea,and then to the �
<br /> M `;' ��.t;��°� ;• ,,; eums aecured by thix Securily InKtrumi�nt. �
<br /> lb. R�MEDI�S NqT!:X(:I.USIVr:. Trunt��r+md Beneficinry,nnd ench nf them, ehAl1 he�entitled to enforce payment
<br /> � � , pnd performnnce nf any indebt��dnox+or nbli���tiona Kocured hereb�•�ind tn exi�rciae nl 1 rightN nnd powere under this Deed �
<br /> t E . „ �•.', otTrust or under nny 1a��m InNtrunu�nt or otM�r ngrermenl nr uny InwK now�u�•hcreriller!n furce,notwithstanding some
<br /> or all of the euch indebtedrn�x�nnd ul�lig+itiona �:ecured hemby may nnw or hereidtrr 6e otherwise eecured,whether by ;
<br />, M �'� .• ��� mortgs�Ke.deed af truat.pledu�,lien.i�:�xiunment ur uthrr�viKe. Ni�itt�er th��i�rceptance of thiK Deed of Truyt nor its en- ;
<br /> „. •: forcemenl whether bv court e�ctiun ur�uraunnt to thi��wwNr uT,+a�1e or uth��r pe�were her�in contnined,sholl prejudice or
<br /> �':"�c',.�• �n nn,r•manner afPcct Tru4tei����r Bcn.�fKiiu•}�K ri�ht ln r��nlizi�upun ur i�nforce an}•��ther�:e�urity now or hereaRer held
<br /> -' ' ''�<�,. � '� by Trustee or Beneticinry,it tx�in►;ngro��d that'I'ruatt�e ond Bonc�ficiu�•y�.�md��ach af t hem,Khull be entitled to enforce this ,_
<br /> - � ;•_ ,��;: .
<br /> _ # : •,,�,.,:,,:,,, Deed of Truat�nd uny other�:NCUrity now or her��id'te�r hold M•Hrrn�fician•y ur 7'ru�t�•e in�uch order and manner as they
<br /> }�• '. ;•,,,ti,i•,°,�.�•; or elther�>f them m:�y in their uhaolut�• disc•retiun d:�terminr. Nu reme�d�hi�ri�in confc•rred upon or rexerved tn Tn►etee or '
<br /> : Beneticiary ia intended to be excluxi�•�•uf tin}• uther remecly heroin ur b}• l.iw pruvided�r pc�rmitted, but each shall be
<br /> �� � ' '�'; cumulative und Khull be in udditinn w E•ver� ��thNr rim�ed�•given her�under ur now or hereaRer Fxisli ng at law or in equity
<br /> .� •,t '� "'
<br /> " 1 '' :'�.y�•��'.��: � or by atatute. Every power or rem��dy �;i�•en I+v t�m•of thr l.oan In�trumenta to TruNtee or Beneficiary or to which either �
<br /> �, .� „.�: .!;;;;r•.4�.'-;. ,� ofthem mny be otherwixe enliUed,mny Fx�erercixed,cnncurrentl�•ur independenlly,from time ta time and as oRen ae may
<br /> ' � + '�'i ��'{'•��'�'�` be deomed expedient by Truc+te��or l�n�fician�and�•ith��r uf�hem mn�•purxue incunaistent remediea. hothing herein ahall ' •
<br /> � �`�� '���`' � " ' ' 6e comtrued ax orohibitinu Benrfiriorv from sePking n deficienc}•judgmenl againet t he Truatnr to the extent such action
<br /> �a i...�
<br /> -.,�C 4 `;���'�`f��� `; isportoitted bc ;aw. '
<br /> �;;-,'•�:!�;�, 16. GO��'ERtiING LAW. Thir:I�E•d nf Trw+t:;hall F�e go�•ernrd b��7�:�•IawH of tht StntQ of Nebra�ica. In the event that
<br /> . , .. .5.,..:,
<br /> ' '';:��r•';.��t, any provision or clauesr of unv of the I.c�am In�trum��nt:+conllirta with i�pplicuM�•lawr�,euci�conf9ieGs ehnll not aN'ect other
<br /> �ia 4 .'.t��:�•:""�� proviaione of euch I.oun InstrumenlN H•hich rwn he �a•t,n effect without thN cun0icting provi�sion, and to this end the
<br /> ?`` proviaions of the Loan InKtrum�ntK m•e•ckrlored to Im we�•ernble.ThiK in+strument car:not be waived,chonged,diseharged
<br /> _ ' ` ��"; or termimated orally,but only by an inKtrument in H ritin�eianrd by the pnrty i�geinat whom enforcement of any weiver,
<br /> ' '.� . change,dischnrRc or terminr�tion ix aought.
<br /> 17. REGONVF.YANCE. Upun payment ol'ull Kume s��cured by thix 8ecurity Instrument, Beneficinry shell requeNt
<br /> , • ' Truetee to reconvcy the Property tuid e+hall aurrender thir+3ecurity Inatrument nnd:ill nute�evidencing debt aecured by
<br /> ,.� °�•� this 5ecurity lnstrument lu Truetce.TruKter xhc�ll rernnvey the Yruperty without v►orrc+nty und without charge to the
<br /> F, ' ,;-=�� �� •'' " pereon or persons le�ally entitl�d to it.3uch perewn ur pereonx Nhell puy uny rrrurdution croNta.
<br /> t. „ '�'*�''�'� 18. R�QUEST FOR NUTIC�B.Trustor requexte thnl ropies of lhe nuliceH uf defnult and eale be sent to Trustor e
<br /> :�. ����, � • • addreeu which is the E'roperly Addm,+rti.Truxtor furthcr reyueatK thut copiex of the notices of default ond enle be sent to
<br /> eech pereon who is n purty hi r�tu nt t hc nddrNNw of Kuch prrson si�t forth hrrnin.
<br /> . Y.� �''� .. _._ .
<br />
|