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<br /> ;:„ ' g�- 105'79 �± - -
<br /> `'�� 01 th�NoG �ball Mlt�sa�ssl9�nt ios th� baa[1t oi' ib anditor�� or �b�li eG�it ia
<br /> "?"��� Mrltiaq ita inabilitp to p�Y ib A�bb w tl►�Y b�� dwr or �hall lil� a voluntasy
<br /> -- � - I+.titloa !a baaksuptay� or sh�li bav� an itnol�l�rY Wlition iil�d aqain�t it, or �il -
<br /> ��� ^� tii� a p�tition �kin9 anf r�os9wi�ation� ai��oiutlon, liQulAation, asran4�nt,
<br /> � caapo�itian, r�aa�u�ta�nt or �i�ilar r�11�i uad�r aaY D=��nt or LuWr� bsnkrupu+Y or
<br /> ---� �� insolwncp �taWt�, lar or r�qul�tion or �bail [il� on arur�r ad�l�ttinq to os aot
<br /> ° � coatptinq tl��at�lal all�q�tiotu oi a p�titioa LS1�A apaltu! it ip �uch Dr����� or
<br /> -- - - - �hall not ttithin �lxtp I60) dsy� alt�r th� iillaq of �uo4 e p�titiaa bav� tM oaw �-
<br /> °. �-- 4lmiN�A or vacat�A, or �hall sNk or aorua�t to or acqul��a la tA� aDyoiats�nt oi sap
<br /> ---___�_�-.'��� trustN� r�ooiv�r or liQuidator oi a taL�rial part o! it,a proy�rti��, or �hall aot withia
<br /> �,ti'"�_' � elutp (60) day� ael� th��pyOlAWtI! Y1tA011! Eh�COtIt�At 0! aCQUlqCnlC� OL 1! Ot a
<br /> _�.-:�,.;�_� , trutw, rawiv�r or liQuiQator oi anp �st�riai part ot ib proy�rtiy dav� �uch �
<br /> �_,,.y;a', , ayyointaent va�tMi or (�) th� i�position o! anp Li�as ayala�t tb� Prwia�� ii �uch Liwu
<br /> --_ -�-�.-;."`-;�°: ol►ail ooi b� oontut� in acoordeuce rith S�ction ].5 her�of O! /G�il ROC tlf CUYAIt M1th1A
<br /> _ _ _`' 'y.-.. , ♦
<br /> �-'li"'.d,. .
<br /> - - - ;nF_,;, tbirtp (30) days atter such i�positioa� or (f) any r�yr�aaitation, wnrreaty, stato�ot or
<br /> -1�= - Droaise �ad� by th� Trustor harsia, ta tlw Not� or in aap oth�r 1A��1�aNAC 91VBA aD _
<br /> ��" ��+���• s�curity !or tAe Note shall M br�acl�, 41�honored, or Fmve nntru� la any rasp�cti r (41
<br /> - =r�='�A��':,_ • the Pra�is�s ahnll ba trensferreQ Sa aap �anner otber thaa thet alloxad in Sactloa 1.9
<br /> -_ •��¢;.'�,�. ' h�siwf� or (h) tba Trustoc shall tw dieaoiv�, liquidaked or aound upJ or (i) anp
<br /> _,,,,, �' . h
<br /> - �=��ti_:,•'.
<br /> _�^u�=.�.-,. �_,,,..�� yunraator ehall be adjudg�d lnco�patwt or die and eatiefactory provlsioas aro aot �aQ� _
<br /> •=-�w ��''�"j'` for tAe aubatitutioa o! tde liabilitp o[ seid party a Qotste ior tM rayaysent oi tdt
<br /> '�'I�''�': ... ' , Indebt�da�ia S�cund FNs�abY.
<br /> ,�!•
<br /> _?,�'~ ��,,�,'' d`:�` SDL'fION 7.2 THE BENEPICIARY�B RICitIT TO ACCELERJITE. If en �1►ent of Default �` '
<br />•"`�J �. � � • ahall occur the Beneficiary �ay loediatelp aad rithout notica to the Trustor dealare the
<br />-�'�r�� ��'�����• —-..
<br /> ti , eatira uaDeid yrinoipal balance oF the Note topether Kitb all other Iadebtedueae Sacured
<br />;••-,Y: `� f. ., CI1H�@Lpon all such unpaid priacipal balance of the Note koqetber with all accrueE inteseat
<br /> � '=��st�`� � thareon anA all otkar InE�btodaQaa Sacured Ha�aby ehali W ana baaow iaediataly dua and �. L.
<br />_;�i'� '�1�i0�.k � ,
<br /> . �• . yepable.
<br /> h ��
<br />-°�'Y � ���'"��•::?.:,-- SECTIOH 7.3 RH�lIDIFS. Beneiiciary, at its oytion, mey forecloae thie Deed of
<br /> :_;:,�'_ --_ —°
<br /> .S, :. :�'�.�_u�•; .'' Truat in tbe �a�er proviQed by law for the Yoraclosure oE mortqaqes on real property, or
<br /> - � aay cause the Premiaea to be ao1G in the aanuer provided la the Nebracka Tsuot Daeds Act �"
<br />. ':� .
<br /> � uador th�poxor of aalo conierrad upon the Trueteo dereund�r.
<br /> ,.. �-�
<br /> � In the event tbet the Preaiaes is sold pursuant to thQ porer of sale conferred —
<br /> � �' ' � upon the Truetee herewtder, thQ Tavstaa adall cause to be £iled oE racord a written notic� ��
<br /> �' " • ot detnull, enA aoticQ oi aala hnving beea given aa then rQqulrod by law folloMiaq '
<br /> -' � � recorQntion of auch notia of detault aad election to sell auch proparty. After tlw lapsQ �.T
<br /> ��"' ' � of auch time aa thert �ny be requirad by law folloxing recordetion of such notice oE -.
<br /> .,�.
<br /> � � dsfault, aaC aolice of eale dnviaq beQa qiven aa then reQuirad by lar, the Trustee rit!►ou! ��"
<br />;��5 . .j:,- ,. � �.j
<br /> . - �{ • ' dmnd on the Tsuator, adnil sell tde Pre�isea, either !a vhole or in separatQ parcels, �
<br /> � � aaQ in such ord�r aa it or the Bene£icinry �ey deteaine at public auction to tha hiyheet
<br />' '�` "" biQder. TAe Truatee �ny poatpoae the sale of all or aay portioa o£ the Preaisea +�
<br /> ' ,�' � allored by lar. Tde Truitee shall deliver to any Durchaaer at auch aale its Qeed ���
<br /> �a-;�' °���� conveying the Preaiaea so so1Q, but rithout any covenaat or rnrrenty, expreae or i�ylied.
<br /> "I,'` •"'" � � � Tde recilal in auch deed of any oattera of act or otherwise ahnll be concluaive proof oE !___
<br /> _, . ., the trutbfulnesa tdereof. Any person, incluCing the Truetor, the Truatee or the �,, __
<br /> �� Beueficiary, aay pnrchase at aucd sale. The Trustee ahall out oi the prxeeds arisinq ��"'`
<br /> from sale anA foreclosure retaia the principal ana intercat due on the Note and the €�.��
<br /> • ?.� ° � �� Iaaebtednesa Secured Horeby toqath�er xith all euch euus of money as the Beneficiarp aad �
<br /> � the Tivstae adall hnvQ expended or advancad pursuant to this Deed of Trust or purauant to �
<br /> ' • atatute toqether rith intereat thereon as herein provided and ail costs and expenaes of ,��"
<br /> auch forecloaure, lncludinq lawEul attorney's feee and Trustee's feea not exceedinq f ive
<br /> percent (5i) of the mwuat realiaed at such sale, vith the balance, if any, to be paid to �.
<br /> �� the persoas entitled therelo by law. It is further eqreed that, if the Pre�ises be
<br /> eQvertised for �nle as hareln pmvided and not sold, the Truator agreea to pay to
<br /> � Beneficiary all coets incvrred thereby, including rithout liaiitation reasonable Trustea's �
<br /> �
<br /> '� feea for servicQa rendQred, eAver!laing costs and reasonable attorneys' fees. '
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<br /> SECTION 7.4 HDCEIVIIt. If an Event of DefaulL shall occuc, the Beneficiary
<br /> �ay, without notice, at its option, take one or more of tho follorinq actions: �
<br /> . � �
<br /> . � „ (a) take possession of the Preniaesi �,
<br /> � (b) �naage the sa�e to or for the acwunt of the Trustor=
<br /> i .' , .
<br /> � (c) collect all inco�e and profita asising from the Pretaises and deduct
<br /> � from inco�e profita end rents all expensea and apply the remainder to
<br /> thQ Indebtednese 3ecvred Hereby� or
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