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<br /> 11.A�IN� MMrNI��1 Ma• Won d�fault b1'Tnntar tn th�po�rnwnt u}a p�rta�niont�of Ih�t�and��o1
<br /> �
<br /> acw�d IMr or tn tir p�rfamonu
<br /> of otMr 1nd�bt�dn�u �b1r
<br /> i th�Noh.or anp r�Mwak.�odilicotion�a�xt�nslon�thrr�of,a th�Pofi� �1►
<br /> f of an�►d 11»canwnaM�a o�rwn�eM�h�rw��►,Mn�fkfory�o�r dalan all wira acund h�r�iM►��f►��NI►�and th��
<br /> slqN MNr�upon b�can�dw and�wNhout Pr'�s�ntn�rt,dNnad.Protat or noHu of on�r k(td.iha�attK,B�flciarl►nwY d�liwr to
<br /> :+. TnutN o wrMt�n d�clarotion of d�fauN and d�r+and for iab.TrustM�holl how th�powrr of�oM of th�Propwty and if Y�flciory daid�s th�
<br /> propKryr i:to b sold it ihdl d�podt with TrustN M�is DNd of Tnnt ond th�lbt�a not�s ad any othrr daumints�vfd�ntin0�xP�diturn
<br /> s�cur�d Aw�b�r,ond shoN d�I1vK to TNStM a writtm notk�of d�fauM and dallo�to tous�th�Prapw'1y to b sold,and TnatM,ln tum.sha0
<br /> - pnpor�o stMllar notle�In tM torm rp��d b�law wi�Ich sholl6�dul�fil�d for rKCitd b►►TrustM.
<br /> � (o)AftK ttw laps�of wdi tin»as moy 6�nquiad b�r law followinp Mw r�cadotion of Notk�af O�fauk,ond Notk�af D�fouM ad Notk�of
<br /> �..�«*� Sd�Fqrinp bwn�irm os nquind by low,TrustN,wiMout d�mand on Trostor,shall s�ll th�Prap�rtY in an�a mon pac�l:and in such adK
<br /> as Trusta mo�r dttwmim aa th�date and at th�tinM and plou d�sipeaf�d in sald Notk�of SoN,ot publk ouction to th�htpiMSt bidd�►,th�0�►•
<br /> . chos�p►k�poyabh in cash in lawFul ma�y of/M Unit�d Stat�:at th�tin�of sal�.TM pKSOn caductinp th�saN may,fa an�cas�h�or sh�
<br /> •� "�"�"''```'•�' �'ti� dNms�xp�dl�nt,postpon�th�saa from tln�to tim�umfl it sholl M tompl�t�d and,in�v�ry such cas�,natiu of postporNmmt s�wll b�qiwn
<br /> .�. I ,.1,..,. �.>: . . . x,+.,,.
<br /> '�,:'i�, by publk�cto►ction tharwf by sah pKSai at the t(nw ad plaa lost appof��d fa th�saNs provld�d,if the sal�Is postpon�d fa biq�r thon
<br /> .,:.',;�.,,.� om(1!�1►b�ya�d tM da�r d�sipnot�d in Nw Notk�of Sok,eotk�th�r�of sholl b�qiwn in tM son�mannK os th�alpinol Notk�of SoN.
<br /> . .. :':�t� TrostM shall�xKUt�and d�liv�r to th�purchosrr its DNd conv�yirg th�PropKt�r so wW,but without an►conwna�t a wonont�r.�xpnss,a
<br /> ` impli�d.Th�racltols in the O�ed of amr rtatt�►s or facts shdl b�conclus(v� proof of tM truthfuln�ss th�r�of. M�r p�rson,IncWdi�Y wjihaut
<br /> • �w�iA..".�:�'.�.:�.;'.
<br /> '• limltatlon Trust�e. mo�r purchos�at tM sok.
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<br /> �., (b).WMn TrustN sells punuont to th�pow�rs h�r�in,Trust�e sholl apply th p►oceeds of the sal�to paym�rn of tFw costs and�xpens�s of
<br /> . ' '� exKCisGg th�powK of sal�ond of tlw saM,includ(n�,withouf I(mitation,ths parmmt of TrustN':fs�s incur►ed,whlch Trustw's F�es shall not
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<br /> _ �;`:, -,'�: :,�.:-.._. in Na apsrepat�exce�d tht followinp anouMs based upon tM omoi�nt secund h�r�by a�d r�maininy unpaid: S pa►cmtum on tM bolanc�
<br /> � ,�; .,� „ , tha�of�a�d tFwn totiw items set forth in subpaopraph(c)hereof in the order therain stated.
<br /> �+•��. � if the sale is b T�usta�,a the o court and otiwr costs of foncbsun and sol�
<br /> ,� (c)Ah�r poyfip the itens spaifi�d In subparopraph(b), � Pr t�►
<br /> �,:. ' if th�sol�is purwant to iudicial faecbsun,tM praNds of sale sholl be appli�d in the order stot�d b�bw to tiw poymem of:
<br /> . �.§... �-.
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<br /> ; '• ' . • • (1� Cost of airy evidanc�of titl�prowred'm coimution with such wle and of any►ov�nue roqutnd to b�paid;
<br /> ���.. (2) Atforneysf�es:
<br /> � . (3) All sums then ucured Mreby,
<br /> �• '�' • (�) Junior trust de�ds,mortqapes,or other tienholders:ard
<br /> �t � ' ., ��.:;•:
<br /> , . . (5) Th��Nnaifadar,if ony,to th�person or persons lopally entitMd thereta.
<br /> '�_ (d) �f the E�mfitlory of this Deed of Trust is o bonk as de�nad b�Nebraska law,any statemem eoMained in any other section of this deed
<br /> ;�, � � , � notwithstandh�y,the 8eneticiory shall not 6e Qntitled to receive or take and debtor sholl not bs obliyoted to pay w yive�any confasion of(udg-
<br /> -;,r,, ' . , ment,power of ottaney to confess judyment,powe�of ottorney to appear for a borrower in a judlcial praeedinp or agreement to pay the tosts
<br /> :.:''' . . � '�;::,:;, . of tollectian of the attomeys'fees,unless such aets of collection would not otherwlse be prohibited by Nebrasko law. Provided,however,that
<br /> •' � �' •: ���'<t�• this sMion does not apply to the Trostee fee reiened b in porapraph E 16).Prov'ided further,thot this paapraph ehall not apply to this Oeed of
<br /> ;;,��• .• .. • . ,:;
<br /> '`;�r�;:.�•�•, TNSt,if the Beneficlary is not a bonk.
<br /> � ,. � 12. Ad1ilbMi AewNr Uutru�M.Trustw,at its expense,will exeeute ond deliver fo the Beneficiary,p►omptly upon demand,such secu►i-
<br /> ^• � ty instrurnenfs as may be�equired by Beneficiary,in form and substance sotisfatory to Beneficiary,coveriny any of the Property conveyed by '�
<br /> ' this Oeed of Trust,whkh security inshuments shall be additiond secwity for Trustor's faithful performance of all of the terms,covenants and
<br /> ��. . � conditlons of tlrs Oeed of Trust,the promissory notes secured hereby,and any other secwity instruments axecut�d in cannaction wbh this tra�-
<br /> �Iti � , , sation.Suth instruments sholl be recaded or fited ot Trustor's expense.
<br /> , 13. Ap�f�t of Sueauor T�tN. Beneficiary may, from time to time, by a written instrument executed and aknowledged by
<br /> � �� Beneficiory,maled to Trusta and recaded in the county or counties in which the Property is locoted ond by otherwise complyinp with the provi-
<br /> F��;' , � sions of the opplicable lows of the Stote of Nebraska,substitute a successw or successors to the Trustee oomed herein or actirg hereunder.
<br /> ; ' 14. Is�etl�s.Beneficiary,or its agents,representatives or wakmen,are authaized to enter at ony reasonable time upon or in any part r
<br /> �� � � of the Prope�ty for the puryose of inspectiny the same and for the purpose oi pe►forminy ony of the acts it is autMoi:ed to perfam under the
<br /> _ . _ ��.
<br /> . �.rms of rhe�eed ot rrust.
<br /> . :��:.. 1 S. Opt1oN to�onebse.Upon fhe occurrence of any defoult hereunder, Beneficiary shall hove the option to faeclose this Deed of lrust in :� ,l:
<br /> • � �;;:�:,;, tM monner prorided by low for the faeclosu�e of mortgoges on real propeny.
<br /> • 16. fonM��wa br i�fleiary Not a NIai�K.An�forebeaance by Beneficiary in exercising any riyht or remedy hereunder,or otherwise
<br /> � s t; � afforded by applicobte law,sholl not be o waiver of or preclude the exercise of ony such right or remedy.likewise,the waiver by Benef iciary of � ,.
<br /> � •;, ;.,,,��. • omr default of Trusta wider this Desd of Trust shall not be deemed to be a waiver of any other or similor defaults subsequently acwring.
<br /> . 17. TMnto�Not R�Ma�d. Extensan of the time for poyment or modification or amatization of the sums secured by this Deed of Trust �
<br /> ' gronted br Benofieiay to an�successor in interest of lrustor sholl not operate to releose,in ony manner,the liobility of the wigirrol Trustar and
<br /> ':��;; , 7rostor's successor in interest. Beneficiory shall not be required to commence proceedings against such successor or reluse to extend time for
<br /> '. ` � "`- payment or oth�rwise modity amorti:ation of the sums setured by this Deed of Trust by reoson of any demand made by the oripinol Trustor and
<br /> �^'� ;'���., ' Trustor's sutcessorin interest.
<br /> ��; 18. M��y't Pew�n.Without offecting the liability of the Trustor or any other person lioble for the payment o i ony o b ligotion herein
<br /> ' ' -..��'-.r mtntiawd,and wifhout offecting the lien or chorge of this Deed of Trust upon ony portion of the Property not fhen or theretofore releosed as .
<br /> � � seturity fw the full omaunt of all unpoid obligations,8eneficiory moy,from time to time and without notice,lil reloose ony person so liable,1��!
<br /> � Y . • extend the moturity or alter any of the terms of ony suth obligotions, (iii) grant other indulgences. (iv►releose or reconvey, or cause to be
<br /> � j,. r�l�ased or reconve�ed at on�time at Beneficiary's options any�orcel,portiun or all of the Property,(v)take or release any other or odditionol
<br /> � . s�turit�r for ony oblipation herein mentioned,or(vi)moke compositions or other arrongements with debtors in relation thereto.
<br /> � 19. Frfw� Adv�ai. Upon reQuest of Trustor, T►ustee ot Trustee's option, prior to reconveyonce of the Property to Trustor, may make
<br /> ' futurQ advonas to Trostor.Such future odvantes, with interest thereon,shaN be secured by this Trust Deed when evidenced b�promissory
<br /> . ' not�s statinp tlat said notes are secured hereby;provided that at no tirtw sholl tiw secwed principo�, future advances,not includiny sums oa-
<br /> , { , vanc�d to protect ih�sacurity,excead on agyrepote principal omount of S •
<br /> ,. �, �
<br /> � � y, Z0. R�oMV�rw�to 1►Tr�ttN.Upon written request of Beneficiary stoting thot all sums secured hereby have beQn poid, and upon surrender
<br /> ���:. � �� . � of this DNd o(Trust aid the Note to TNStee for cancellation ond rQtention and upon poyment by Trustor of Trustee's fees. Trustee shall
<br /> ( �'; nconv�y fo T�usta,a tFw person or persons leqally entitled thereto,without worronty,any porfion of the Property then held hereunder.The
<br /> Cncifals in suth reeonve�ante of ony motters or focts shall be conclusive proof of the truthfu�ness thereoi.The grontee in any reconveyance may
<br /> . ,t•` . b d�scrib�d as"tM pason ar�wrsons layolly ontitled thQreto".
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