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<br /> �1I � . . : 91--� �0584 5
<br /> �,.�if�! of patpon�m�nt sh�ll b�qiven by publlo d�al�ntlon th�r�of by suah pu�on�t th�t m��nd pl�a�I�st�ppolnt�d for th� �_ �
<br /> �'!�: wlr,provld�d,If th��I�I�po�tpon�d for tonp�r th�n om(1)d�y b�yond th�d�y d�dpn�t�d In th�notla�of wN.notic�
<br /> � - th�nof�h�ll M O�v�n In th�s�me m�nn�r a�th�o►i�ind notic�of��1�.t►ustw ahdi�x�out+�nd dotivor to tha pu�ahasar �- --—
<br /> Its Ds�d nonwylnp th�Prop��ty so�old,but wlthout�ny aov�nant or w�rr�nty,�xpr���or Implled.Th�reoltala In ths deed
<br /> � � of any m�tNn or aot��hdl b�aonolu�lv�proof of th�truthfulnhs thu�of.Any person,Inoludinp B�nNlal�ry,m�y pur• �
<br /> t. �� �•.°--' ohe��ot th�s�l�.
<br /> �""'—""""�`�"�"� (8) WROn Truetee aefla pureusnt io the pc�wera horotn,tha Trustso ahall apply the proceede of th��ds to paym�nt of tM r____ _
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<br /> �,'�'`�„ • ao�te�nd�xpsn�ss of�x�rclslnp ths pow�r of e�le and of the sols,inoludinp th�p�ym�nt of ths TrustN's fees�atuNly —
<br /> �"���.``�:�� . Incurrsd�whlah T►ust�e'e f��shall not In th�ap0�ate exaeed ths followlnp�mount b�ssd upon the amount�t�aund
<br />----.�•,. h�reby�nd rsmNnlnp unp�id;6 p�rcentum on ths flnt i1,000 th�nof,1 percentum on th�bal�nc�th�not and th�n to th� _
<br /> ��� Items In�ubpowpnph(C)In ths order thare stated.
<br /> .a:.�,:., — -
<br /> � �� foneoloeure and�al If thi�i�'le�pursu�nt bjud�laBforeoloaura,the proosedo of ealo sha 1 be applled IMh�otds�tat�d — -
<br /> ' � r'':,- ". "-�� -
<br />�;;;4 � to tha payment of: __._ �`-`s---
<br />�; ":,�'�,' .' ti (I) Cost of any evidenae of tltle proaursd In oonnrotlon wlth suah s�l�and of any revenue stampa; �
<br />�`"'�� � �'��� �� (I q All sume the sooured hereby;
<br /> ::����:��� " (III)Th�rsma�ndsr,if any,to the peroon tepally entltled thereto. __
<br /> F�•`:, .,,,,�,. .
<br />�„ • ,.,�� 13.Dutl���nd Obllpolon�of TrustNt.(a)The dutlee and abllppt�ons of Trustee ahall ba determined eolely by the exprees �
<br />�,�,� �.,,���•:;;. provlslons of thls Oeed of Trust,and Truetee eh�ll�ot be Ilable exaept tor the psrformance of auoh duties and obllpatlona pe _
<br /> are apeolfloally eet brth hereln,and�o Implied covenonts or obllp4tlone ehall be Impoeed upon T►ustee;(b)No provlslons of
<br /> i`� : . �?�••.' thls Deed of Truet ahall requlre Truatee to expend or�iak Its own fu�de,or othsrwlae Incur any finannlal obllpatlon In the per• �� --�--�
<br />:�'"'�'�. • formena�of aey of Its dutlea hereundor,or In the exerolea of any of Its riphts o�power,If It ahall have prounde for bellevinp ��``
<br /> ,'�.,.�.�T �'��. „ that the repayment of auch funda or adequate Indemnity apelnet auoh rlak or Ilabllity Is not reaeonobly asaured to It; (c)
<br /> ` �` � � Truatee mey ooneult wlth counsel ot Its own ohoosinp and the advice of suoh aounsel ahall be full and complete authorization
<br />.1 E� ��' ' � end proteatlon In the reepect of eny aotlon taken or suffered by It hereunder In pood falth and rellance thereon;(d)Truetee _`�—
<br />} ., �,� ., � " . ahall not be Ilable for any aotion taken by N In good falth and reaeonably belleved by it to be authorized or wlthin the dlearetlon �
<br />• , . or rl�hte a�d powers conferred upo� It by thla Deed of Trust.
<br /> ' `�� �� 14.AddNlorld S�curlty inH►umsM�.Truator,at lte expense,wlll exeauta and deliver to tl�iwatee,promptly upon demand, �'�,�
<br /> � �� �� euah seourity Instrumonts ae may be requlred by Trustee,in form and pu,�anab lefA� ry to Tru::�e^,coverin�eny of the
<br /> ��t PropeRy conveyed by thls Deed of Truet,which aecurity Instrumenta�HA1�'�,'A�(�1� ourlty for �n.ator's falthful perfor• r rt�.`°�'�.�! __
<br />� ' � � tsrme covenants and aondltlone of thls Oeed oi 7rust;tho Loan p�rt�Ynt,�ny promisaory notea aeau�ed
<br /> . .,4. � mance o(all of the , �_ _ .•,S'.�:_
<br /> —_— hereby end any other eeou►Ity Inetn�rnxnts exeouted in conneatlon wlth thls tan�aeUon.Suah In�trumants ehall be reoordad __ ___ __
<br /> '�,'° " � ,,. or flled,and re-�ecorded and►eflled, �t Truetor's expenee. —
<br /> � . 14.Mbcdl�nww. `
<br /> :� ,;•�`''�Y.�• (A) In tho event any one or more of the provls{ona contelned in the Deed of Truet,or the Loan A�reement or any promissory �'��
<br /> , note,or eny other securlty Instrument ylven In connectlon with thls transactlon,ahell fa eny reaeon to be held to be In• •�'�`�' --��
<br /> ' valid, Illepal or unenforceable In any respect, suah Invalldity, Illepallty or unenforceabllity ahall, at the optlon of � ^ ;�
<br /> �" . 6eneficlary,not effect eny other provlslon of thls Oeed of Trust,that this Deed of Truat ehall be conslrued ea If auah In• "�•�
<br /> .�. .. .. �T-t�a.:�__-
<br /> valld,lllepel or unenforceable provislon hed never been contAlned hereln or thereln. �".., .:
<br /> '' (B) Thls Deed of Truat ahall be construed accordinp to the lawa of the 3tate o}Nebraska. �?
<br /> �� . (C) The Deed of Trust shall insure to end bind the he lra, leqe teea, dev laees,a d m in i a t r a t o r s, e x e c u t o r e, a u a a e e e o r s a n d �
<br /> ,, ,, aaefpna of the pertles hereto. '�•
<br /> �� ��• (D) Trustor ahall pay all taxes levled upon this Deed of Truat or the debt aecured hereby,together wlth any other taxes or ..
<br /> ' asaeasments which mey be levled agelnet the Trustee or BenaHcfary or the lepal holder of the Loan Ap�eement on oc• ----•--' ''�^
<br /> "' count of the Indebtedneas evldenced thereby. �;�+ `_
<br /> • " (E) Whenever uaed hereln,the slnqular number ahell Include the plural,the plural,the singuler,the use of any qender ahall be ` �� -
<br /> " �° ' �� applicable to all gendero,and the term"Benetic�ary"ehall Include any peyee of the Indebtedness heraby seaured or any ,��„ ,•� "�
<br /> �� , '� " transfer thereof,whether by operatlon of law or otherwlse. �� ""
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<br /> 18.Suae��sor T�u�tN.8eneficlsry may irom tlme to time substitue a successor or succeseors to any Trustee named hereln -1�?+�-
<br /> Y 5�� or ectinp hereunder to execute thls Trust Deed.Upon auch appolntment and without convenyance to the succeseor Trustee, '''
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<br /> •� the latter shell be veated with all title,powers and dutles confened upon any Trustee hereln named or actlnp hereunder.Each , „�;°
<br /> such appolntment and aubetltutlon ehall be made by written Instrument by Beneflclary,conteininfl reference to thia Deed of �� � �-�=�-�, :�
<br /> � Truet and its place of record,which when recorded In the offico of ihe pep�ster of Deeds of the county or countles In which � a:- �, ��^.'a!:�s
<br /> � • sald property fs sltuated, shall be conaluslve proof of proper appolntment of the successor Truetee.The forepolnp power of ( • ��
<br /> • • aubstltutlon end tha procedure therefor ahell not be exaluslve of the power end procedu�e provlded for by law for the aubstitu- f
<br /> � tlon of a Trustee or Trueteea I� the place of the Trustee or Trustees nemed hereln. F •
<br /> 17.Fo�ar�nc�by B�nNlolary or Tru�tw Not�W�Ir�r.A forbearence by Beneficlary or Trustee In exercislnp any ripht or
<br /> remedy hereunder,or otherwlae afforded by appliceble law shall not be a waiver of or preclude the exercise of any ripht o►
<br /> • remedy hereunder.Llkewlse,the welver by Beneflclery or Trustea of any default ot Trustor under thla Deed of Trust ahall not be
<br /> deemed to be a wolvar of any other or simllar defaults subaequently occurrinp. ; •
<br /> 18.Tru�to►Not RN�as�d.Extenslon of the time for payment or modlflcation or amortlzation of the sums secured by the
<br /> Deed of Trust �ranted by Beneficlary to any successor in interest of Truetor ahall not operate to release,In eny manner,the
<br /> IIabIIHy of the orlylnal Trustor and Trustor's successor in Intereat.Beneflclary ahall not be requlred to commehc�proceedlnpa
<br /> apelnet such auccessor or refuse to extend tlme for payment or otherwlse modify amortizatlon of the sums aecured by the
<br /> Deed ot Truet by reason of eny demand made by the origlnal Trustor and Trustor's successors in Interest.
<br /> ' , 19,Optlon to Fonalot�.Upon the occurrence of eny default hereunder,Beneflclary shall have the optlon to foreclose thls '
<br /> Deed of Trust In the manner provlded by lew tor the foreclosure of mortgages on real property.
<br /> '� � � 20.Tru�tors Rlqhts,Ab��nf DN�ult.Untll any default In the peyment ot Inaebteaness nereoy secured,or uniii ihe breach oi
<br /> any covenant hereln contalned,the Trustor,Its successors end asslqns,shall posseas and en�oy the property and receive the
<br /> ' rente and profits therefrom.Upon payment of all sums secured by this Deed of Trust, 8eneticfary ahall requeat Trustee to
<br /> . i reCOnvey the property and ehall surrender thfs Deed of Trust and all notes and Loan Agreements evldencing Indebtedness
<br /> � eecured by the Deed of Truat to Trustee.Trustee ahall reconvey the property without warranty and wlthout charge to the per-
<br /> sona leqally entltled thereto.The(3rantee In any reconveyance may be described as"the person or persons entltled thereto".
<br />'I and the recltals thereln uf any mettera or facts shall be concluslve proof of the truthfulness thereof.Such person or peraons
<br /> ehall pay all coate of recordinp,if any.
<br /> j 21.Tnnd�r of th�PropNty;A��umptlon.lf all or a�y part of the Property or an intereat thereln Is sold o�tranaferred without
<br /> Beneflclary'e prlor writte�conaent,except aa othervvlae provided by law,Beneficlary may,et 8eneticlary's optlon,declare all
<br /> the aume aecured by thls Deed of Truat to be Immedlately due and peyable.Beneflclary shall have welved such optlon to ec•
<br /> Celerate if.prlor to the sale or tranafer, Beneflcf�ry and the person to whom the Property is to be sold or transferred reach
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