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<br /> aonla�ininq sot�r�no� to thi� D� o! Trwt �nd its piao� o!
<br /> r�aozd, vb�.ch, vb�n s�aozd�d in tU� o!lic� o! th� �4ist�r o!
<br /> p�� c! t.h� aounty oc oountiu in rfiiob �sid propsrtY i•
<br /> sitwt.�d, �hsil b� aonalusiv� proo! o! pro�r appol�nts�nt o!
<br /> th� saaaNSOr TR08T�S. Tba =or�qoing powr ot �ulostitution
<br /> _ �, and th� px�oa�dur� ttur�tor �h�►11 not b� �xolu�iva o! th� po�s
<br /> and prca�Aur� provi4sd !or by laW �or th� �ubatitu�ion o! s
<br /> TRUBTBE it► �hs plao� o! t!� TRDST�E nas�4 h��3n.
<br /> G. TRtJBTDA aov�na�nta and aqrs�a tLat upon any att�ap�d
<br /> ' 4•�;� aonveyena�, ar�siqrwnt, pisdg� or txt�l�r o! sny o! bis
<br /> •.a;,:��.:;�, .u� intaraat in the j�r�1�Ni duriaq th� wra o! tha loan s�aur�d
<br /> r,,� ' � ;,r hsreby, tho BBNSFICI7►RI88 �hall hav� tho optio=1 0!.' dl�olarilRq
<br /> �`"'''"'"':.;`', '', ' the unpaid balanas iatediat�ly dtto snd payabl�, and if said
<br /> +... �;: ` . - d.�.°�., � eus reaai.rs unpaid !or tilts�n (iS) daya ther�attor.
<br /> '.. BSNBFICI]IR�BS aan causa Notiaa o! Delault to b� g�va�a an� �
<br /> . t, ' old as rovidod b�roin.
<br /> a i:. �. � . P=��
<br /> �oR bv a P
<br /> fi � � %� - - - S. �s additionai and aollateral s4aurity far the loan, and
<br /> �� .� . e!leative lorthwith upon filing o! a Notiae of D��ault, CLia
<br /> 3 � instx�usent sha11 aerve as an swsign�snt by the TRU�TOR to t�Ro
<br /> TRIISTEg, ot all rents and revenuea reaulting lro� tho
<br /> P='oPs�Y� �►d TRIISTBS is authcrizod to take pooeaa�ion o! tt�
<br /> . - property, rent or lease the aaae on tsr�a he daeas bpet and to
<br /> aollect tho rents and rsvenua� and apply the ar�a�a upon unpeid
<br /> .;� . .. . � fntc3ras�, principal, ta�cea or insurance proa�i.u� or !or
<br /> r maintenanae and preservation of thQ presiaea.
<br /> , � I. The waiver by TROSTBE or BENEFICIJ1RiE8 ot any datault o!
<br /> � T�Rt]BTOR under thia Deed of Trust, on one oaaasion, ahali not
<br /> -_ - . . : , be or be deemed to be a waiv�r �i ar►y othsr or a3�i.l�
<br /> , , � defaults subaequently occurring.
<br /> . � .��. �7. If tltle to 8fly p8L't of the property hereitt shall be taken 1tt �
<br /> . : � condemnation proceeainge, by right of eminent domain, or
<br /> �r similar actian, or sha11 be sold under threat of aondemnatioa,
<br /> all awards, damages and proceads are hereby aesigned and shall
<br /> +,. be paid to the BENBFICIARIL3, who ehall apply suah payment, or
<br /> ;��► any part thereof, in their eole diecretion, to the eum due at :_.�
<br /> .�'� that time on this Deed of Tnist and Trust Deed Note, with any '
<br /> � bal�nce above the amount due lzersunder payable to the TRUSTOR. �
<br /> E� R. The BENEFICIARIES, their agents or representativ�s, are hereby
<br /> � auttiorized to enter, at any reasonable time, upon any part o! �
<br /> ,; �1 the truat property for the purposes of inep�ating ths saae and :
<br /> • , � �or the purpose of perforaaing any of the acts they are
<br /> authorized to perform under the terms of this Deed of Trust i ..
<br /> � and other accompanying doauments. ; �
<br /> � �.
<br /> L. This Deed of Trust at�d all accompanyinq doauments are subjeot
<br /> to, constructed and governed by the lawa of tha State of .
<br /> Nebraska for all purposes. •
<br /> �: .
<br /> . M. In the event any one or more of the provieions contained in
<br /> � ' � j this Deed of Trust, Trust Deed Notes, or any oth�r instrument
<br /> '. � � given in connection with this transaa�ion, shall for any
<br /> I'"� � reason be held to ba invalid, illegal or unenforaeable in any
<br /> ` , ; " � respect, such invalidity, illegality, or unenforceability
<br /> � ' ' � �� �'I•�.•�'!���':���+��,, shall, at the option of ths BENEFICIARIES, not affect any
<br /> , ft. .,'f�r���..:�:.�.� .,;
<br /> �� .�;�;`�.� �. other provisions of this Deed of Trust or Truat Deed Note, but
<br /> •��+'��`���-�'���'�`.����._�����'•��� this Deed of Trust and Trust Deed Note ahall be aonstruec� as
<br /> . �..;..: ;.:��..• �.�
<br /> � 3f suah invalid, illegal or unenforceable provision had never
<br /> •�..� �•,,` .��� ;� !:��,r been contained therein, it b�ing the intention of tha parties
<br /> . ��� that ttie rovisions of this Deed of Trust are declared to be
<br /> , ��_ ! p
<br /> _ ` �_ _ , � S9Verebl@.
<br /> �--: -- ,.
<br /> . �, ,� " , � N. This Deed of Trust shall inure to and bind the heirs,
<br /> , ,� ' devisees, personal representativea, sucaea�ors and assiqris of
<br /> �' i the parties hereto.
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