|
n`� "" �Y•3,
<br /> , t .. .
<br /> - �,�A�� � "'. 4~ ;.a�y
<br /> ' � .. . � .- . ..�•+w�V
<br /> � . - .. . ' - ��dM,,�
<br /> . . � .. . - .,1�d
<br /> ,19�.�.+o�3�s :.�
<br /> . .�.A
<br /> Loan =wtruMnt�, or �ny otib�r lisn or uauabrana� �pon ., - .,`:.�
<br /> ttw prop�rty� � ..�
<br /> (c� l► writ o! oz�cutio� or att+�ol�n�nt, or sny
<br /> oiailar proc���, shall b� �at�rad aqaiwt TrwrtSon or�h
<br /> ehail b�aoaw a li�n on tti� �sop�rty or any po
<br /> '� iat�r�st tti�r�in�
<br /> ;� �d) Tharo ehall ba liled by or aqaina� Truator or
<br /> Borrowor an aotion undar aay praoQnt or fu�cux�a fod�ral,
<br /> atata or othor statuto, law or rogalation relstiag to
<br /> baakruptcy, insolvanay or otbor roliof tor d�btor�, or
<br /> �� there shall bQ appointed eny truetea, rsaeiver or liq-
<br /> � ��..�;.�.�,;;•;;w.,. uidator of Truetor or Borrower or of all or aAy p:+rt o�
<br /> ,� '' ��`� �- th� Property, rente, iesuos or profite therQOf, �x
<br /> " �.� " � Trustor or Horrower shall meko aay qenoral aaoigaaont
<br /> :•J� 6� 7Y
<br /> • ' °�kH.c,� ►� r fo� the benofit of craditors=
<br /> �, t.��,{Af'"`3!�'�.
<br /> - ,y�.. _.._:y*,;:` .
<br /> :=-_i". . .- : (e� The eale, traunefar, aesiqnment, aonv�ysnce or
<br /> � � �� ' � ' ? further encumbra�ttce of all or any pert of or any iater-
<br /> � �;;j,,r,;;;_.��,�,;�;' .,;;::;rF, . est ia tbe Property, efther voluntarily or iavoluntar-
<br /> , �;<��.������ ily, without �he elcprese written consent of Lender or
<br /> e'• �;.5%�;��t!'�:�..'� �':r,;'� as otherwise hereia permitted; or
<br /> y.,
<br /> ":.�
<br /> �:�.' ., � (f) Abandonment of the Propertiy.
<br /> , :�.. ., .,
<br /> °��. ' _,'`:'.ti,:;�.•, • 12. gA.�eui es,L.Acce�erati on IIpon Defau�. In the avent of
<br /> '�` ����� `'�r�'"�'�^'��` ` " � aad Event of Default, Leader may, without aotiae exaept ae
<br /> ;,': .,.��.: .
<br /> s`�;�.'';�'"� `�'t;;r;y�'`'�`�� ��•� required by law, declare nll indebtedness secured hereby to bo
<br /> •.`�_.:,,�-:� '•f"'�'' "«,�' ��� �'��` d�.g ���1 peyable, an d t he same shall thereupon become due and
<br /> � ��,�� ��rr� a able without am resentment, demand, protest or notice of any
<br /> . ,,,��::�•!.. P Y Y p
<br /> `;��;�,` kiud. Theresf�er, Lender may:
<br /> ,.��,
<br /> � !'f�`:`` . (a) Demand that Trustee exercise the POWER OF
<br /> SALE granted herein, and Tru�tee shall thereafter cause
<br /> X� � Truetor�s interest in the Property to be eold aad the
<br /> �'� � _ proceede to be distributed, all in the mnnaer provided
<br /> '��, , ia the Nebraeka Trust Deede Aotj
<br /> ��;:,��::. ';� (b) Eserciee any and all rights provided for in
<br /> �� �� �' � the Note, this Deed of Truat or by law upon occurrence
<br /> �i� �.t`�'�. ' .��.•;, � of eny Event of Default; eaci
<br /> ;� !. .'; . ���..;.,,.;�:.:�.
<br /> � ;` t%'r•<.�:':��'-�`•' (c) Commence an action to foreclose this Deed of
<br /> , „���,,;..�.
<br /> ;.�.�� . Trust as a mortgage, appoint a receiver or epecifically
<br /> • enforce any of the covenanta hereof.
<br /> .h� � � No remedy berein conferred upon, or reserved to, Trustee or
<br /> ?' �� � � Lender is inteaded to be esclusive of any other remedy herein, in
<br /> �"' �� ,�b' � the Note or by law provided or permitted, but each shall be Cumu-
<br /> 3'�';°. � � ' lative, shail be in addition to every other remedy qiven here- :,,�;:
<br /> '�� � .. " � � under, in the Note or now or hereafter esisting at law or in �-�
<br /> ` �° equity or by statute, and may be exercised coacurrently, indepen- e;::' �
<br /> r : �'� � � ' dently or succeseively. �l` •
<br /> i . ��
<br /> �.:;�. • 13. �usteo. The Trustee may resign at any time wi�hout �
<br /> � cause, and Lender may at any t3me and without cause appoint a
<br /> � successor or substitute Trustee. Trustee shall not be liable to `� �
<br /> ;,: any party, including, without limitation, Lender, Horrower, '
<br /> . Trustor or any purchaser of the Property, for any loss or damage %`
<br /> il unlese due to reckless or willful misconduct, and sshall not be ;
<br /> � ' required to take any action in connection with the enforcement of
<br /> � this Deed of Trust unless indetanified, in wri�ing, for all costs,
<br /> � compensation or expenses which may be associated therewith. In
<br /> � � add�tion, Trustee may become a purchaser at any saie vi ine rrop-
<br /> ' � � �� erty (judicial or under the power of sale granted herein); post-
<br /> � pone the sale of all or any portion of the Property, es provided
<br /> ',A1T�-. �` i I by law; or sell the Property ae a whole, or in separate parcels
<br /> ; � • or lote at Trustee's discretion.
<br /> ! •• 14. �}es and Eunenses. in the event Truetee sells the
<br /> �y; ' , property by exercise of power of eale, Trustee shall be entitled
<br /> �, ,. , ,
<br /> i' ,...�.
<br /> � - -- ---
<br /> �F , -� 4 �
<br /> � ----
<br />
|