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<br /> !. Re�Rdi�s Not lxalu�iv�. Tb� :��adl�• provtd�d ln .Lhl.n 11qc��w�nE shall
<br /> __ IIOC b� •KC1U/jVf. Up011 Ch0 dOLiUlt OR' tlip T[Y/CpX� t�tp B11JIpE1ClaC� �iY •R�k
<br /> - c�li�! by any I�q�l or �quitabl� ��a��. 4he Ien�ticl�ry �y sa�k to •nioxa� th�
<br /> aqr�s��nts h�x• �d� ie suah order and �annaz aa Mmflalary ■��s Eit. No
<br /> - rew�dy 1• inl�nd�d to t� axcluelve but eech ahsA1 be cueulativ�. sv�sy pov�r os -
<br /> '�-�.rv.. reoe4y under the De�d oE �iu�t I:o bh� Truatee or eeha�lalaty oc to vhiah eltheC
<br /> 'j� ot th�� May oths:vl�� b� �n�ltle� by lor �a y be exarc�sud concuc:ently or
<br /> - ind�p�edenkly aa oEt�n aa de�wed naa�staty hy tha Tsuata• or the Hen�Elei�ry or
<br /> - ----�---�----- eithsc oE th�■ and altber o! tba■ w�y put�ua lnaonalak�nt r��edi�s. Th� •
<br /> O�nRElelary or Trusb�• w�y Qroaead to pucsue a cleticlanpy �udq��nt aq�i�at tht
<br /> - - - - lrustot to tha �xt�nL• suah aatlon !a pecwitted by lax.
<br /> --��_ 10. TsamEnr oE the Pronertyj Aasuwptlon. No p�zt oE the prop�sty or
<br /> �-� lnter�st th�rain �sy bs sold vithln IS ye�ca oE the date oE the d�ed,
<br /> _ ` _ tcansfesced or othecr�es eonveyed by Tcuatar, unl�sa Eull p�y�ent !s �ad� upon
<br /> _ ___ __ — Ifot� s�cur�d by lhls Desd oE Tcuet, �xoluAlng (�) thp are�tlon ot a iien or
<br /> sncuwbranc� subordin�te to thts Oeed ot Truat� OC (b1 a transfer by d�vise,
<br /> Qescent or by oQetatioa oE inw upon tba de�►th oE tba rruatorj euch aetlon !s •
<br /> " �+� _ breach oE thls aq�ee�ent, a�nd BeneElclary way s�k BeneEiciary'a option declaie
<br /> - - � -=- — all au�e eecured by thla Oead of Truet to be fww�adlat�ly due �nd psyable, or
<br /> p cuuse the Tcuatee to ftle a noClco oE deEa��lt�
<br /> 31. �orbeaxance by BaneEicl�ry and x�lver. Any forbear�nae by BeneEiclsry Co
<br /> Tcustee, Truator oc a�yone !p oxeceiaing a�y r lqhk oc rewedy heseundes, or
<br /> '"`�'�'�:,,., othezviae efforded by Appl�c�ble laW, ahall nab be a valvez of oc pseclude the
<br /> F`�•x-`.��a�`�•� exetciee af an suah ri ht or :e�ed hereundor. Gikevise the vaive: b
<br /> -i�;;Cls. �-. �°c,�t Y 9 Y Y
<br /> Bnneflclacy to Truste• of e ny deEaul! oE ttuator undat kt��a baed of Trunt shelx
<br /> • . �. nat be deew�d to h� a vaivac oc any other or alailar defaulta eubaequently
<br /> � f�'�'� � ' ^' occurring. No vaivet ahull be conal•rued Aqalnet the Beneflcia:y unless wch
<br /> '^�""t"`�=+�'`���h''-`�� vaives ahall be axpr�sa aed in vrlttng slg�ed by the pe�eficlary.
<br /> �° -k � 12. BeneElciacy�a Povers. The Beneficiar v tll causa to be releaeed the
<br />- �",�,�4��i`•:�='�"-�`'w; i entlre aMOUnt secured by thtn Dced of Trua�,yaEter the 15 yeac terM haa�explrad,
<br />_ .'N'„;�-����'�'�°��� 'n beginninq froN the date oE the Dead
<br /> .;,,.t,�: . � , , p:ovlded all other terwa and cooditions of
<br /> thls Deed h�ve been Eulfll)ed. BeneEialary w�ay, in 1ta aole dis�crctlon t!)
<br /> ��� !aa e p Y
<br /> ,,, � �,�, p ct the :ewiaea at an re�aonAble ti�e (li ) :equire aucb additional
<br /> - -��� .. aecurlty a�a May 6e reraon�hle; and (lii� e��betitute the Truetee herein vith dny
<br /> ;ti.�" �n,y„.: peCSOn� entity, ot aorpora�ton qunliflud ao to act. The attorneya of the
<br /> � ;• �� .� BeneElciary o= one oE thes �ay nov or subsequently be des�gnated the Trustee
<br /> _ .ua..u.a.�• ... �' = i�ecein end �a
<br /> , y perforw f0i tAe BeneEiciuty duttea aa raunaol and Truatee. Al1
<br /> • Trustors shall be ialntly and sevarally obligated and bound by the actlona oE
<br /> the Beneflclary os tha Ttustor aa herein a tate�7. �
<br /> � 1�. J1tt'ocney�s feea, Costa, and Expensea. Trustor agrees to pay all fnea, ��
<br /> ' . co�ts, and expGnaea inoluding attotney'a f ce exponded by tho Beneficlacy or 6he
<br /> � , Truatae to colleat any auws dua hereunder ox enforce thia agreewent. such au�a
<br /> : •� -�;,.;�'' ahall be deeaad an advance�ent to pratect the security vhen pald by the
<br /> � . BeneEiciacy. provlded further, hovevec, tliat thia aectlon doea not dpply to the
<br /> . ; -„ , ., Teustee fee referted to in pacaqraph e.1.D. -
<br /> � " 1�. Reconveyanee by Tcustee. Upon vcitten requnat oE the BenefLciary at�tlnq =
<br /> ` �� that rll condltlons of thi� note hnve been Met, and upon aurrandec of thia Deed
<br /> -- � oE Tcus� and the notea to the Tivatee fo: cAncallation and retention and upon
<br /> _ � payeent by th� Trustor oE the Tcustee's feea, t1�e Ttustee shall reconvey to the -
<br /> 4 • ; Tru�tot, or the peraon ot �ersone legaliy eotltled thecet�, vithout �accanty, _
<br /> any portlon oE the property then hold heteunder. Tho recit5l�a r�n8 euch
<br /> � ', _ ' reconvayance of any wattec3 ot fACEs ahall be concluslve nroaE oE the
<br /> ' . ttuthEulncss theceoE. The arantee in nny roconveyanoo �ay bo deaariDed as "the ,:
<br /> , � .. ,,. • pecson oc peraans l�qally entitled theteto."
<br /> •' ' 15. Notices.
<br /> �� �� 15.1 Notice as required by the Nebraaka TrusC boedn Lat shall be given. -
<br /> , ����'��� , ExGCpt as provided heretn and vherever pecslusible by lav Trustora vaiva -
<br /> � notire. Notice way be senti to the paztiea at their addresa as listed in thia �
<br /> ag:eewent oc aa otliervise cha�ge�. 1111 �oticee teyuired hecein ehall be ln =
<br />,.ti_- �" vciting. llny parky way a! any tin�e change St�s nitdru�u for such notSces t�y '
<br /> . _ delivering or wa►ling to the other pattiea haceto, a notice of aunc �hange. Any -
<br /> �s�'��� nottce hezeunder ahall be deewed to have been lven vhen laced vithtn the U.S.
<br /> �,.,•", 9 P
<br /> +;b Maila, poatage prepaid, addcesaed L•o tiie address of the pacty as lfsted hereln
<br /> ` _�� ' oz aa ptoperly changeJ.
<br /> � 15.2 Tcuatoc, BenoEiClacy, and Trus4ee req��eat that a copy of any notice
<br /> • t� _• • provided hettunder, provtded according to applicable lav or ptovldod by tiie -
<br /> ter�s of any othet eecurity agreeaent• covering the aeCUrlty herein, bo r�elled to
<br /> �.: '.�.fiv;,.,�. thew at the addreea provldod above.
<br /> � . ,; 16. Miscelleheous.
<br />_.ir ':'}�,, ti:r�:' .,, 16.1 This Deed of Truat ahall be govecned by tAe levs of tho 9tate of
<br /> - .. Nsbcaak�.
<br />_.- '��_,�-•� � . ..;, 16.2 Thfs Daed of Tcurt and sll t�r�ns, condttfona and obligationa hereln,
<br /> .� • � ' ' apply to and inure to the beneEit oE and binds all partles hereL•o, thelz helrs,
<br /> �;,.r�,�::'`�.'•:' ;. ` devlaeea, peNsonal sepreaontativea. euCaeaeora end oeeigne. The L•exM
<br /> t,;,,r�,;;;�_ ' Beoeticiary ahall wean the ovner and holdec oF the notes, vhethar os nor nsred
<br /> -- ' , ,.t.a. •, a• s De�eficiazy hereln.
<br /> F;� -�"'...„ � -
<br /> - . .s.:. -.,�-,. 16.3 All covenenta anE agreeNents of the Truetor ahall be �oint an� several.
<br /> _•_r, 16.� In the event my one or �ore provialon oE thla Deed of Tcuet ahali be
<br /> _� h�ld inv�lid, illaqal, oc nnenioreeable, Buah provialon, at th� option nf l•�e
<br /> �— Beneficlary, shall not eEf ect any other ptovision oE thla DeeG ok TYUtit Au� tA♦ �
<br /> Oeed oE Trust ahsll be ses�t and eonstcuecl ae if aurh ocovision had nevr be�n .
<br /> _ , parc cn�reof, if any portion oE tihe old debt becowes unaecuced Eor any reaeon,
<br /> __ �hsn et the option of the Beneficiary, any and all pay�enCS �de hexeundec wey
<br /> = be dociared to first apply to Ehe portiona of the debt thaE h�vt becowe or are
<br /> -� nonsavucad.
<br /> 16.5 71ny pay�enta by t6e Txustoc on tihe indebted�eea eecuced by tAla need oE
<br /> sruat sM 11 b� paid dir�ctly by Trustor to Heneficiary and the Truatiee sAall
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