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<br /> _ .�:..,�.. � '`' �, �."�':�...+r ....�
<br /> • 93- �°"�x9
<br /> • of palpoMmM11�h�ll b�plvon by publlo d�ol�ratlon 1Maof by wah p�son d tlt�tlrn��nd plaa I��t oppolnt�d for thA
<br /> � wl�;Provld�d,II ih�wl�1�potlponW for IonpN tlwn orn(�)d�y al►�th�d�y dalpn�t�d In th��otloo ol�aN,�otlor
<br /> t;. 1Mno1 shail bs plwn In th�wm�m�nrnt��th�o�ipinN no11a�ol ral�.trustN ah�ll�x�out�and�l�liwr to th�peraMNr
<br /> Its ONd conwYlnp tM Prop�►Ir so�old,but wlthout�nY aown�nt or wartanty,�xPn��or Impll�d.Th�►�olt�l�In th�d»d
<br /> of�ny matt�n a�ob�11 br aonalualw proof ol lh�fruthfulnus th�nof.Any p�non��noludlnp 8�n�llal�ry.may pur-
<br /> ,,, .+� oh�s��t 1M sal�. ,
<br /> '4 (�) WtNn Tro�tN Nlls pur�uant to tM pow�ra bsnin,ths Trwt�e sh�ll opp1Y�ho proceeds ol the eele to payment of the
<br /> ao�l��nd oxp�ns�s ot�xatal�lnp 1M pow�r of s�l��nd of ths ul�,Includinp tM p�ym�►1 of!he T�u�te�'a lae��ctu�lly
<br /> -'�`��;�;;a, - Inaurnd.whloh TrudM'e iMS�hall not In 1M�r�q�tt�exosed th�followlnp�mount b��sd upon ths�mounf ssound
<br /> Mnby�nd nmdnlnp unp�idi 5 p�►antum on th�E4rs1 if�OW th�r�of,t p�romtum on th�baMnoe th�nof�nd th�n to 1h�
<br /> � ;�:�..�,� ;: it�ms In�ubp�npraph(0)In th�onNr th�n st�t�6.
<br /> ��`":.����'.`�►' (C) AfN�paylnp th�Itsms�p�alll�d In wbp�r�prapl��6?«tM s�N [s by T�uetes,or Ihe propsr cou�t a��d other coste of
<br /> - tonaloau��and wl�If iM wl�Is pursu�nt to1��������'PfOa�ds of s�ls sh�ll b�appllad In theo►der stded
<br /> to th�payma�t of:
<br /> : ""� " ' (1) Co�t of any�vldance of iltls proaund In conrNCtYO+�wlth�uoh s�ls�nd of�ny revenus shmps;
<br /> ;, ,.. . �.,�.:�: . �' �,�. (ll) All�ums the s�cur�d A�nby;
<br /> , �,..,.,, . � .::..:�-, (III)Th�r�ma�lnd�r,If�ny.to tbs p�rson�aQ��yl�n101�d thsrsto.
<br /> r � �'',;= ; �-`':;a;�,� 13.pwhs�e�d pa1�Na�a TnNt�.(�)Th�s dutia+�nd obllpatla�s of TruetM sh+dl be dsterminsd eolely by th�sxprass
<br /> ' ��� • •. ' provi�lons of tAl�O�sd of Trost,and Truste�shdl not b�Ii�W��xc�pt for th�pKto�c�of suah dutles and oblip�tlom as ,
<br /> � �:.«���...� . TrWtem:4b)No rovlslons o1 ....
<br /> �n�p�olflc�lly sst forth h�nln,and�o impllsd cown�nts or oblipsibm sht►li b�YnMpor'�ad� P ;,,;,..;
<br /> 6�, '.. i�'itit-�y,�
<br /> this ONd ot Trutt sh�ll rpuln TruttN to�xp�nd a ritk Its owa funds.o►otMiwQsa incur�o�tkwncta��v�b4�stbn In ths per-
<br /> iorm�nt�i of�ny ot Its duU�s h�r�und�r,or in th��xerclas of any of its ripMs a po�.��h sM�Y f�w�y�ro�w+d�for beliwlnp ��
<br /> � �� thd 1M npa�mMt of suah lunde or�d�qu�te IndemnNy�pdnst suah rlek or Itebil►ly is not�s�nmL�@p�s�ured to It; (c)
<br /> 1� � Trust�s may coneult wlth coun�sl of Ib owo ahooslnp�nd ths�dvic�af woh counssl ahdl be tull and�wnnpl�Y��uthorizatlon
<br /> �nd prot�ctlon In ths�erpsot of any aotlon t�ken or suffered by It hsnundsr In�ood hi4h and reli�nc�theraon; (d)Truetee �;;'�` �,
<br /> �h�ll not be Ilabls for any�►ollon taken by it In pood hlth and rea�on�bly bsll�ved,by It to bs�uthoriz�d w�wNh�mi�e disarotlon '��.,Y��j
<br /> � " t w rlpbts and powers conbned upon It by thls Desd of Truat. • �. '... • �������� � �
<br /> 14.AddltlonN S�wrlty Imt�um�Ms.T�ustor.at Ite expense.wlll exsCUl��nd�dillMSr to tfN TrutRM,peampllY upon dem�nd, ���'
<br /> ' +' ' such seaurity Inetrumsnts as m�y bs�equ�nd by Trusts�,In form il�d eulfllfMnclrMltU(�tory to TPUat�e,coverin��ny of ths �,':�.
<br /> " . - Propsrty conveysd by this Desd of T�uet.wh�ch s�cu�lty insirumenlb shil�bsY�'dN18niY"seouNty to�T�usta's f�ithlul pertor• ;;,i,j;,; .
<br /> manc�of all of ths tenns,coven�nts and conditloos of lhia Deed o f T�uet,t h��an A�r e s m e n t,u�p p�►o m i s s o ry n o t e s a e cured ;.,.,;,,.
<br /> heroby and any other sscurity Inetruments�xecuted M connsetion with ihis irrna�atian.ouch Ins�Ma shaH ba:ecortlad �
<br /> ' or filsd,and r�-recordsd and refllsd,at Truato�'s sxpense.
<br /> .. � 15.MlseNl���. .''�;t�;.�4!, �
<br /> (A) I�tM event�ny one or mo►e of the provislons contaiead in the Deed of Trust,or the Loan Apreement or any promlesory •. �,:�. .�:
<br /> Ao4e,or any other securNy Inat►umenR piven In conn�ection with thle trensactlon,shell for any reason to be held to be In• :�"�f� -
<br /> vatid, illepal or uneniorceable In any respect, such i�valldity, IllepaUty or unenforceablllty ehall, at the optlon of • ;�•� • : •�:� �
<br /> �,., Beneficlary,�ot affect any other provlsion of this Deed of Truat,that thls Deed of Truet ahall be aonstrued ae If suoh In• •;_'t:',•:: i i,.
<br /> .� ., valld,illep��o►unenforcoable provlalon had never been contalned herein or therein. `
<br /> �•r• • (8) Thla Dead of Truet ehall be constmed accordiny to the lawa of the State of Nebraeka. �
<br /> ; (C) The Deed of Trust sha10 i�nsure to and bind the h�e�rs. lepatees. devleeee, adminlatretws, exeautore, suoceesore and �,.�
<br /> i�� asalqns of tho partles hereto.
<br /> �;��.. � (D) T�ustor aha0 pay all taxes levled upon this Deed o!T►ust or the debt eecured hereby,topether with any othe►taxes or � ,�,,•
<br /> ' ��� ' ' ,. assessme�1s whlch mpy be IevleG against the�'ruatee or Benetic�ary or the lepal hqlder of the Loan Ayreement on ac• �
<br /> �`!�: '', caunt of the dadebtedness evidenced 1V��ereby.
<br /> � k ..
<br /> ' � (Ep 1'�henever used hereln,the slnpular number shaU mciude the plural,the plural.the sinpular,the use of any yender sholl be
<br /> °r��,��;.�•, a��Ncable to all qenders,and the term"BeneflciAry"shall Include any peyee ot the indebtednesa hereby eacured or any � ,
<br /> �•'•� � ' � ��' t�anafer thereof,whether by operaUon oi law or othervxlse. y
<br /> '�,. .;• ,, '.l'�_: .
<br /> � '� ��. �� 18.Sucwesw Tru�tN.Beneflciary ma��,•a T tlme to time substitue a succeasor or succeasors ta any Truetee named hereln . �t.
<br /> ;.�'��: ••' �`(�r'•��` � or ectl�y hereunder to execute thia Truau Doa�.Upon auch appointment and wlthout convenyance to the auccesaor Truatee, ,
<br /> ..I�;rc,.�.. .,.,��� . �
<br /> •:,,>.. th�e Oa�ter shall be veated with all tltle,powero and dutles conferred upon any Tru$tee hereln named or actinp hereunder.Each
<br /> ;`� � � auch appolntment and subatitutlon ahell be made by wrulten Instrument by Benellciary,contalnfnp reference to tMa Oeed of
<br /> '• `�"ti�• 7r�ust and Ite place oi record.which when recorded In ihe offlce o1 ihe Replster of Deeds of the county or counties In whlch
<br /> �� �. " � � sald propeNy is situated,ahell be concluelve proof of proper appol�tment of the successor Trustee.The to�epoi�p power of
<br /> � ;�.
<br /> t ;,�..• � subatNutlon aaoa!the procedure therefor shall not be exclusive ot the�wer end procedure p►ovided for by law tor the aubstltu•
<br /> tlon of e Truetee or Truetees In the place of the T►uatee or Trustees aAmed hereln.
<br /> � i 17.Fo��anc�by B�ficl�ry or Trustw Not�Wdwr.A for0earance by Beneficfary or Truatee In excrcising any ripht or i
<br /> �� ,.••� remedy he�eunde�,or otherw+ae attorded by eppllcable law ahall not be a w�+He�r�w or prectude the exere�rs�e ot any ripht or �
<br /> � � ' ��. remedy hereunder.Llkewise.ihe watver by Beneflclary or Trustee of�c��detpaal1 m�Tr�ustor undN tlnis QeeO v�1Tv+ust ehall not be
<br /> � , ''•...;:� deemed to bs a waivQr o1 any other a guenibar defaults subsequent��;mt¢urrinp.
<br /> � ,,%';-:;S 18.Trusta Not R�Maa�d.Extert9�c*r�time for payment a?r�.�S,:P�tatimm o+a�at:sa�r.i��r s«•nem�u�nm�setured dp E�e
<br /> � . '� .;•�:,'' �d of Trost�ranted b9r Bem�t`.,:lary t� ,����successar In Interest rt�Frctstoi s!r��+ma�3 o�er�a���v�l�rasc� bT,�Tyr mannee.t�h�e r .
<br /> ` � . . ''.'�;;� ti�fsitity of the oH�inal Tr�secY�:u�C Trustar'a success6n�,n��nterest.Beneliciary sAwii��rnu��be requfred to corm+�ne^�proceedcc*gs
<br /> • � `• ; �; �„atnat auch successa or rst'�se to�xtend time far p4:�rment or othervvlse�ry�amortlzatlon of the sum+s secure�by tE�e ,. ,
<br /> :� ��` D�ed of Truse Dy reason of any dertianQ made by the orlpinal Truetor and Trustor's succeasors In Intereat. � .
<br /> 1�.Opflan b�anelos�.Upon the occurrence of any default hereunder,Beneticfery ehall have the optlon to foreclasP Ltiti�
<br /> 1� - --� _..��_.�...�....�,..•ti��.,....�...��r�nf rnnrtnann�nn raal nronettv. '
<br /> = . '�--. -•�-.._ �_ .�---------
<br /> �+r ' ''. '-::"'. . 6I�ON Vt I IYOI 111 N�b I�t��U�V� Mw���w v� ��v .v. ......�...�'��_'_ _" ' ""�_�'- - . . .
<br /> . � , 20.4rustors Rlpht�,Abwnt Dd�u14 Untll any default In the payment of Indebtedneaa hereby securod,or u�tll the breach of �
<br /> � i any eovenant henln contalned,ihe 7ruator,its succeaaora and asel�ns,shall possesa a�d en�oy the property and recelve the
<br /> I rents and proflts therofrom. Upon payment of all eums secured by thls Deed of Truat, 6eneflclary shall request Truatee to
<br /> �. reaonvey ths property�nd ehdl aurronder thls Daed of Truat a�d all notes and Loon A�reementa evldencinp Indebtedneas
<br /> ; � ! ., eecuted by fhe Deed of Trust to Truatee.Trusfee ahall reconvey the propeAy wlthout warranty and wlthout chAr�e to the per•
<br /> � � sons lepally entltl�d thsreto.The firantee In any reconveyance may be deacrlbed ae"the peraon or persons entltled thereto".
<br /> { i �nd the n�lt�ls thsreln of�ny m�ttoro o►1�cts ehall be concluslve proof of the tnithlulneas thereof.3u�h peno�or persona
<br /> • � i. shdl pay all coste of recordlnp,If a�y.
<br /> � ' 21.TnesfK of tM Prop�A�l;llpumpllw�.lf all or any pa�t of the PropeNy or an Intereat thereln Ig aold o�tranaferred wlthout
<br /> � j , " , 8�neficlary's prtor wrltl�n conaent,except ps otherwlae provlded by I�w.8eneffciary may,at Bsneticlary'a optlon,declare all
<br /> • ! the sums s�cured br this DMd ot Truat to be Immedl�tely due a�d payable. Bec�effciary shall have walved such optlon to ac•
<br /> .' c�l�rate If.pNOr to the aale or transler. 8eneflclary and the person to whom thm Propeny Is to be eold or tronaferred reach
<br /> Mip1S/tA01 �
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