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<br /> ----� -��--�lt3m.r.-�Q h�.e�t►ed ta enti�4'�Mis"f1u�lJead end any othet i5ecari�h'�a+y.or Aec�es�tur natC.0Y�Q9��a►JI ar TNSt�in such�artd mM?.� �_ ,
<br /> - - - ' 'es theyct�tR9r af d�em ma01[rt,�ie t�i17[�d[�tton deRermir�e. - cor,ers'�ar reaerved Fo�aSt�"ar�uie�duYts�d�d�.T°- -
<br />- -- to aa axc�ustva ot any otrter�emeOSt heretn ar Dy law orov�aea w pem�ttteo.eut eacn snal�iee eumuqdnre ana sl�a'J�e tn ad�Beon to aver�r o�s8�t roms�y._.
<br /> -- �1fQS1RQlQU1ldllFOrltOtlIW�R8f9�S11tlgfll1S1�10ti11�QSlit�lOTOjt@t8M0.kZrerypoA[etorreme�fygrovidflduaderthbTtustOeEdtoTniStee'ClMrtlfk9�1 -=
<br /> - or ta whichat�ar of�hem may�e aihena�lse entttled.may Ca exercdsed.cancurtenttyr ar mde�ende+tUY•trom tims ro Wne ana aa ofteh es may be tteemet� .
<br /> - —__ �expo�tewt by Trustee or 69noIIde�Y and eitfiet at Urom maY P�BUe lnCOnsi3tent semedtes.t�aMing Nerein shati ba eonstrued e3 pratiitNttng�enaftdery
<br />-- - � :teWO seeicing a deftCianoyl ju�rtsant agairtsi Ma tnistot to the eYtent oucte aetton is permttted Dy iaw. , . . ..
<br />'.• `. , . `
<br /> •- �t.TitAFiS�A OP TkE PROP_SII iY:.ASSUl�P1tOH.lt uit or anY Part of the ProPerty ar tnterest therein ta setQ.transterred ar othenMsa eandeyed ,
<br /> ;� ,. .
<br />-. ------ - __ __. -0y-?�iot r�nu!'�°.:i{e�j��.Dd&�a�tia@I►�ons�nt,_ene(udin9_[a�Me txea�on of a Ilert a en�umbranoe sudord(nate to tt�ts Trust OeeQ.(E)s ,r �
<br /> ` � Dy apurauon qtlai�e upo;ti�R�deathy�l�Tnw�m+ytio ts a Ioi�+t tereant er(cj taa Bram ot tury IeasenotQ Int�est dt tt�ea(Sl Y8�or te��daes� � �_ _
<br /> �-� cantain an optlon to purdiese,EUCh�Ors19 a breach of this�eement,and Benefletary may.at Benefiefary's optian.6eeiar8 ell the sums sea�tedlry�
<br />� thla Trust Oaed to t�Immed�atety due and payaDla.Ocovtdad.turther.Ws T�ust lJeed may.at 8ene8ciary's epdon.Ge dadared tmmediatery due end '
<br /> Payabte.H(t)Tivatot IsapartnsrshiPandany U�terest In tAe R�ersfilp Issotdor asstgned�yr anymaansuutfat�ire�•or(2I�thsTrustor L�accrparatlon
<br />-' ena a trenafar of the m8jortty atack oumersAfD interest ip Ure co�poradort aocura or Me T�carpora8on merges tn a�ryR���enotlnar enrporatian
<br /> °' or entity.Beneftctary shffiI have watved BucA opUon to aooeterate if.PHor to the sata,transtes a conveyan�.Beneftdary�end tha pe�en t�wt►am 19�e:�., .
<br />�; PcoAsriy is to Ea sold o►trenslerred reacA egreameM tn wriUrtg thffi Me ccedit of such persort ia satlstactory►to Benefiefaryr and tt+at the tnt�rest payabf@::� •
<br /> on M0 sum9 secured by thie Trust Deed sAell be a!6uCA tate es�enefiGary ShaU requesL _
<br /> 1211Q�ATtONUCON OEFAtA.T;RF�OtE8:3ALE.7hotaihaebYtheTn�or.tomak�anflPaymentatope*tormanYalthetarmae�d�d►1��s
<br /> - ot tAis T�wt OeeQ or the terms and panditions o1_the tYote,or a�renevraLs,medificatinns or extenstons thareot,ar the faihue to make psyment of any
<br /> cthet indebtedness,pftor or suhsequent to thi9 T�ust[Jeed.and seeurea by this property.ar tAe death of ans or more Tiusrors shaU Ee a breaN►and
<br />_`; detatdt of tAis Tnut Oeed and the Beneficiary may declare a deisui!end may decFare 9IE Sums set�ued�ereDy itnmediaL9.'y dae and PaytaCte and tAe
<br /> same shat�thereupon Oeeome due and RaSl�le wtthout presentrnenL demantl.Protest or notice of any kinQ.Provided.Tnut�sha11 have enY����Y ---
<br /> Sh8
<br />- -,�:•�.;,, ' 1 �IgNt to cure the Cefautt Oeiore any notice ot detauft ertd demand tor sa[e maY be delivered to the TrustBa.Thereatter.Beneflctary may�Jetiver to Tnume ��_
<br /> �:: ��;;..:.,: �--,�—,-
<br /> *•�=i�='>°�•t�; e mitten dectaratlon of dafauft and damand tor ea1e.Ttustor agrees and hereDy granffi ihat the Trustae sAall have the po�nr8r of sa19 ottAe Froperty end ° -
<br /> -<< , ,,,: -
<br /> �' . � . N 8enefici�ry deetdes tt�e Property is to be so�d ft shall depasit with 7tusta+3lAis T�usi Oeed and the Note or notes and eny other doatmetfta evldendng "" _-_
<br /> {: - - -expenQ�ues secured hereCy.and shali detiver to Trustee a timlten notice oT Qetautt anQ etectlon to cause the propertyta ba sotd.and Tn�stea+n tum. __
<br /> � 3� •' s�all prepare a stmilar noti�oa in the fortn required Dy taw,whtch sAall be duty fited for�cord by Tn�stee.
<br /> '� 5 O..:... . .r —_
<br /> ,� , -��+'�;�= ��� (a) After th9lapse of such tlme es may be required Gy Iaw foSlowi�g th0 reeordation of NoUce of Qetauit,and Notice ot OetauR end Natice et ____
<br /> t}-�;--^:_,��:,;;, Sale havfng Deen givBn es required by law,Trustee,wittiaut demand on Trustor.stiall setF tAe Property.if not redeemed�in one or more _--_-
<br /> .,,��;, ;•• parceW and in such prdet as Trustee may detertnine on the datg and tAe Gme end place designated tn said NoUce of Sate,at pubtic aacdon __
<br />_ �,zr:'�'k�`'',. • :�`;,:,,, aocardtng m taw. _—__
<br /> :Y?:�. `;� ���F.'�,� (b) When Trustee setls pursuant to the pa�+rers hereir►.Trustee shail apPly the praceeds of tAe sate to paymeM of the�and expenses of —_ -_-
<br /> t '� � exercising tha power_ot sate and ot tAe saie,irtr�sfing,without limitadon,attomey's fees and the paymeM of Tnistea's Fees incurred.vfiich _ _-
<br />-- '?�- ����' ` 7tustee'e Fees s�all'not in the aggregate exceed the foltwving amounts based upon lhe amaunt�ecured hare0y and remaU►tag unpaid at - � �
<br />- �r.� :• .:,,�,,_: ,`_ - .:_
<br /> _ - ��..:.,e_;�y�: �;,;.'�:� the time scheQuted for sale:5 percentum on Ne balance th�reof;end then to the items in subparagraph(c)in tha order Nere stated.
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<br /> �,,,•� `�� (c) Afcer paylrtg Ma items spect8ed in subparagraFd{h!.n Ihe sae ts by TrusLe,or ff tAe sale is Dursuant to judida!torectosure,t�e proeeade, _
<br /> -`q �;:',,;�;`�.,-'r _'. �";,,_;: 0}eale Shall be aAPGeA in Me fo110wing arder.. • - a_=° _
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<br /> ='•' s • � , � •-.:`�• (1)Cost of any evidence ot title procured irt a�r.r.eci.�mr►wim sucti sala end of any reuenue uansfer fee requGad to he paid: ��'_'
<br /> ' Y t `.�� ' ...
<br /> ' (2)AQ obligations secured by this'Rust Oeed: '`�"�'�
<br /> �� ' `�`�k.}� .._ ' 3 Junior bust deeds.mc ur other lienhotuers; ` , `�
<br /> 7. ti-aa� ' t v'�,�����
<br />=�4,.. `���5��;���z�,�',q, .;;�,; (4)The remainder.if any.to��erson legalty entiUed therete. •� .
<br /> � � ��
<br /> � 13.APPQINTeAEN70F SUCCESSOA TRUS7EE.Benefidary may,from time to time.6y a written insirument executed and ackno►vledge0 by Benefielary. �
<br /> i� `y � � malled to Trustot end recarded in the counry or counties in which the Propertyr Is located and by othervvise camplying v�ith the provisions of tNe applicebte . f`' ��'`-
<br /> �•;., ;�'•1�,� ' ��� taws of t�e State of Nebr�sm substitute a suocessar or successors ro the Trustee named Aereln or ac8ng hereunder. ', � � '�
<br /> ' 4 .. rk ' __
<br />- 4,,�`��•`� " '�; 14.INSPECTIONS.Beneficiary,or its agents.representatives ar emptoyees.are authorized to enter at any reasonaGle time upon or in any part ot Me •
<br /> �` y.: . . � ' .. -
<br /> , Properry for the puryose ct inspecting Ne same and Mr the purpase of pertartning any of the acts it isauthorized to pertorm unde►thetertns ot the Trust Deed. •�•,i _
<br /> ;:;� . . - 1b.OPTION TO FGRE�9.OSURE.Upon the occurcence of any breach and upon the dectaration of default hereunder.Benetciary sna�i ha�e me option ; ••' • �• � :.
<br /> . � . . � to Mrectose thls Trust O�f in the manner provided by��v for the toreclosure ot mortqagas on real property. , - �r" '`°�'
<br /> ,` � ',;� 18.FOREBEARANCE BY 6ENBFfCtARY OA TRUSTTc�fl�OTA WAtVER•My forebearance by Beneficiary ot Trusteeirt exereising any tight or remedy .
<br /> � ��t' hereunder,or otherwlse aHorded by apA����e taw.sha11 not be a waiver flt or preclude the exereise of any such right or remedy.Ukewise.the wafver • . .,. : :
<br /> f ::ti'�sa'.-�•',. - -.4•;. �
<br /> �.�ii��•?� • by Beneflclary ar Trustee of any defau`E c`.=rostor urtCer tfiis Ttust Deed sha11 not be deemed to be a waiver of any other or simitar deTeults 5ub5equenUy ':;;r�:;��,.� �.•�,..•, .
<br /> _ �Y.� !�l.t�y<it• OCCUtdOg. "�li�� .,
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<br /> .`� , '. • 17.BENEFICIARY'8 POWERS.Witt�out eHecting o�reaasing the liabitiry ot the Trustor or any other person tiabte fa t�e payment oi eny o011gaHOn •_.}�,
<br /> ������;•�"' hereln mentioned,8nd without aHecting the lien or char3e of this Trust Deed upon any portian of tAe Property.Beneficiary ma�,irom time to time and , ,
<br /> ''� `, .�,r'::.�yu '
<br /> �;�;,?;��;:;�,;, ; . without notice at ihe request of one or mare?custors,(ij telease any person Iiabte.pi)extend or renew the maturity or alte►eny of the term9 of eny such , ': �!�'--.:
<br /> . ,;: ,.
<br /> ��- .��.;ii•;�'%�,; obtigati�ens.(Hi)grant other Indulgences.C�1 release or re�onvey,or cause to be reteased or reconreyed at any tfine at Beneticlary's opqon any parcel ..,�� , .
<br /> `' �� 's��t�':� - ' or aIl oi LRe Property,(v)take or release any other or addiNonal secudty for any obtigation herein mentioned.(vi)make setttements or otfier errangements '� .. �
<br /> ��. .� :`.;.�.,
<br /> ' '•-' wltn 7rustor In relation thereto.Atl Trustora shall6e jarr':�and saverally obligated and bound by the actions of the Bene`c�ary or any one or mare Trustor , .
<br /> � _�: �l`��r';. ' . ,".•,FO.°�' . as stated in thls paragraph. • ' •
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<br /> , } � _� � ,, .,., 18.ATTORNEY FEES,CCSTS AND E%PENSF.9.The BeneUCiary ot th�s Trust Deed is entitled to the paymeM of a.o^++sy 8 fees,costs end expenses
<br /> as pr�vt�a6 in thls Trust Oeed.except es othenvise prohibited by laN •
<br />�''!r �� - :��
<br /> s ;:ii•�;;.p;•}ti,z,-` ' 19.RECONVB11ANCE BY TRUSTEE.UW n written request ot Be�et s FrY and upon payment by Trus?or ot Trustee's fees,Trustee shai�econvey to ;'.,1,,`�t;_
<br /> �..;:,�:.c.�� � .. .
<br /> :f�;t�:�•��'`' Trusta,or the person or persans legafly en"[ed thereto.without warran��.„ny portion Of the Propertyr then held hareunder.ReCltal9ln sucr`reconveyance •..,,•,;;r�=_
<br /> _ ;.�, , . • of any mattera or facts sh�l be conetus:ee areof ot fhe tru�ntu':.ess tne�eot.The grantee�n any reconveyance may be descr:�ed as the parson or persons •�:`1r'�•,;�;;,
<br /> _ °s� � ,; legalry enhtted therero". :`;�:
<br /> -i�:'f i�'•� �'��%;�:�:� � : 20.NOTICE9.Except to►nutices.eemands.reques:s e4 other commu�+.:ations�equired under appucabie Iaw to be given in another manner,whene�.cx , � '�.�
<br /> � • �;•`';i;:°,::•.-• : • , . `�`
<br /> • ,�,.�,r „� Beneficfery,7rustar or 7rustee gives ar Ee►ves any not:ce(includmg,v�rter��at limitation.notice of default artd rtotice of sale),demands.requests or otP�er
<br />- �" °., communlcaUon wrih respect to this Tru&t Oeed,each sucn notice,derr�.zrd.�equest or other communicutv��shall be in writing and shall tia ettective on•� • •
<br /> �• '`l��'~'�`:�.:`� ` It tho same is delivered Dy personal serWce or ls ma�tEri by cenlfied�rat,postage prepald,addressed to the address a9 set forth at the beginNng ot t!+G
<br /> �'�� ,�:;'�•�i'� �' . ' Trust Deed.My party may at any time change its addres;,tor such noUCes by delivedng or maiung to the other party hereto.as aforesai0.a notice o} ,
<br /> - ��,� � . such change.Any notiCe heteunder shalt bg deemed ro h�ve treen given to Trustor or Beneficlery.when given ln ihe manner deslgnateQ herein.
<br /> � � ' � 21.REQUEST F08 NOTICE.Trusror and Benetictary hereby requeY a copy o�any notice ot de}ault,and a copy ot eny notice ot sate thereunder,be
<br /> _ti .-: , maited to each persan wha Is a party hereto at the eddress for sucrt person set forth�n ths tirst paragraph of thls Trust Oeed- '
<br /> - � 22.GflVERNIN3 LAW.Thl9 Trust DeeA sh�ll be governed by th918ws o1 the StBte ot NebrBSka. , .
<br /> �` � '. � 23.SUCCESSORS AND ASSSGN9.Thls Trust Deed,and all terms,Conditlons and obttgatiaes hereln.appty to and inure to the benefit ot artd binds
<br /> •`"�•��• • . ' all partles hereto,thelr heirs.legatees.devlsees,personal representaLves,sueeessors and aSSigns.The term Beneticlaiy"shall mean the owner and . �
<br /> , � , �• hotder ot the Note,whetner or not named es Beneficlary herein.
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