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<br /> ' � � � 91- 1 U8749 ==-_
<br /> �';� el postporwm�nt�bNl b�piwn by publlo d�olar�tlon th�nof by�uch p�non d tha tlm��nd pl�a�I�d appolM�d ta tM
<br /> �.., i ul�;provld�d,If tM ul�1�po�tpornd for lo�p�r 1h�n on�(1)day b�yond tM d�y d��ipnd�d In tA�notla of pN,notlw
<br /> tMr�of sh�ll b�Olwn In th���m�m�nn�r��th�alpin�l notic�of��I�.Truots��h�ll sxsout�and d�llv�r to th�purat�Nr 6�:^�.J __-
<br /> ; Ih Os�d aonv�ylnp th�Prop�rty w io�d.but without any aownant or warranty,�xpnss or Impll�d.Th�r�oltals In Ihe dNd _- -.
<br /> " of�ny m�ttsrs or�ot�afull bs ao�cluslv�prool a1 th�truthlulnqs tMr�of.Any p�rson,lncludlnp B�nNlol�ry.may pur•
<br /> '�� e �:� ah�s��t th�s�l�. E:.���__�--_
<br /> ,�¢,,,,,bi'�. � ... -,-
<br /> •' � (6) WMn Trust�s�sll�punu�nt to the powNa hareln,ths Tru�te�sh�ll�pplY ths proaNdi ol th�s�l�to p�ym�nt of th�
<br /> _-.�+:Y�•.: ' costa md expens�s of exuolsin9 tAe pow�r of sale�nd of ths wls,lncludlnp ihe p�yrtNnt of th�Tru�bs's fNS actwlly �
<br /> - I�curred,whlah Teuate�'s fe�s�h1�ll not In ths�pprepde exce�d ihs followlnp amount baa�d upon the�mount s�curod �;.��r_;�!�:l,
<br /> •�: �3._.�--�--
<br />�4« ,`:: jf-{��,.,- hereby and remalnln�unpald;5 psrnmtum on ths flnt i1,000 th�nof�1 parc�Mum on IIM bal�nc�thaoof and tF»n to 1M
<br /> _;F�..: " ° 11ems In aubp�rapraph(C)In thp arder there stated. -
<br /> � � • (C) fotreclosuro�nd aal if the s�lo/s pureuant t�dlold o'nclosun,the proceod o'f eale eha I bo applled In thehader Wat�d —_
<br /> � � to tho payment of: ��"°
<br /> � ,„. � (y Cost ot any evidence of tltle pronured 1�connectlon with suah sale and of any�evenu�etempe: �'-1' � ���_�_
<br /> •�.,y�,.: - pi) All sums the eecured heraby; -----
<br />' �.�+,`•� ��. (10) The remalnder, N any,to the pen�+on leyally entltlsd thereto. �:—
<br /> � �3,pWlh�nd pbll�atlon�pf Trud�N.(a)1'he dutles and obll�atlone of Tnatee ehall be datermined solely by ths exp�eas �--•
<br /> .. .,�� —_:.�W_�.,
<br /> ����:�, �' •� provlslo�e of tAis Deed of Truet,and Troatee sball not be Ifable except for the parfortnance of auch dutlea and obll��tions as �`�.�: __
<br /> ,, ,,,,,{;+,;,, b)No provialone of
<br /> • ����*- ,;:�.�:�; are�pscifloally set forth hereln,and no Implled covenpMe or obliqaUons shall be Impoaad upon Truetea;(
<br /> ....:�- . o '� -1')� n�G:�.
<br /> thla Desd of Trust ahall requlre T►uatee to expend or riek its own funds,or oth�rvalee Incur�ny+Inanclal oblipatlon in the por .. ,
<br /> � � � brmance of any of ita dulles hereunder,or In ths exeralse of Any of ita riphta w power,If It ahall have prounds for bellevinp ��.-�, _� '-
<br /> '' ,�.1,±:��• �� , ; thot the repayment of such funda or odequAte Indemnity epalnat suah rlsk or Ilabllity Is not reaeonably aaeured to It;(c) --
<br /> ';;:;�r; • T�uatee m�y consult with counael of Ita ow�chaoalnp and the ativice of auch counsel ehall be tull and complste authorizatlon �`v'� '
<br /> '�'`' and protoctlon In the respsct of any aotlon taken or euffered by It heraunder In pood falth and rell4nce the�eon;(�Truatee �.,�.:�
<br /> '� �� � ehall not be Ilable to�any actlon tak�n by It In yood falth and reasonnbly belleval by It to b�authorized or within lh�disuretfon _
<br /> � �,��; ' or riphta and powera conierred upan It by thle Dead of Truet. —"'"—`'
<br /> ....;��
<br /> � '� 14.Addllloml 8�cu�i1�►In�trum�nts.Truator,at Its expense,wlll execute and dellver to tha Trustee,promptly upon demand,
<br /> ��_�;, .�,. �
<br /> , �• ' euch securlty Instrumente aa may be requlred Dy Trustea,ln form and eubatance aatlefactory to Trostee,crnerinp any of the -- _
<br /> •i°= • Property conveyad by this Desd of Truet,whloh aecu►Ity Inat�umenta ahall be addltlonal securUy tor Truetor'a felthful pe�for-
<br /> �� �- • ° mance of all ot the terms,covenAMe and conditiona of ihis Dee3�i Truet,ihe taan Aflce�rsxs:l,anp promissery notee ae�ured — __
<br /> • • �� . hereby and any other aecurlty inatruments executed In connectlon with thls traneactlon.SuCh Inetruments ehAll be recorded ���:-
<br /> , �.,:"' ; or filed,and►e�recorded and reflled,at T►uetor's expenae. ►:°��'
<br /> ``�;°� =a�. - � 15.Ml�wll�n�ou�. �r''�`
<br /> ff�-+� �. (A) In the event eny one or more of the provlslons contalned In the Deed ot Truat,or the Loan A�reement or any promlasory r,;-'�"
<br /> �. -.�• ,:;1`�•:' note,or any other security Instrument plven In connectlon with thle tr4neactlon,ehall for any raeson to be held to be In• ,.;'
<br /> .�� � :��;:,;;,. � valid, Illepal or unenforceable in any respect, auch Invalidity, Illepallty or unenio�ceab{Iity shall, at the optton of 4
<br /> _.�.;,.
<br /> ,•� ` Beneticiary,not affect any oYher provislon of thle Deed of Truet,thet thfs Deed of Trust shall be conatrued ae If auch In• �:�,�:,�.._!.;�
<br /> . � velid,Iltepal a unentorceable provlslon had never been contAlned herein or thereln. " � • '
<br /> `.� (B) Thls Oeed of Truet shall be conatrued according to the laws of the Slate of NebraskQ. �
<br /> d� " (C) The Deed of Truet ahall Ineure to and bind the helra, lepatees,devisees, adminletratoro, exaautors, auaceesore and � K.�',`.
<br /> >,.:.
<br /> asslpns of the panlee hereto.
<br /> w (D) Trustor ahall pay all texea lev�ed upon thls Oeed of Trust or the debt secured hereby,togethar wlth any other taxea or �°��'��� ;(^�
<br /> . •. osaeesments which may be levled epalnat the Trustee or Benefialery or the lepal holdar of the Loan A�reement on ac- i�
<br /> • �;;�;�. : count of the Indebtedness evidenced thereby. �
<br /> � ' �•. (E) Whenever uaed herein,the sinpular number ahall Inolude the plurel,the plural,the elnsular,the use of any qender shall be • ' ���
<br /> ' :ti:-?':,.,:;;;� �� ,� ::':;'��.,
<br /> appllcable to all yenders,and the term Beneficlary shall Inolude any peyee of the indebtednass hereby secured or any ,�.,_�`, ,,;
<br /> ' ��'����' transfer thoreof,whether by operatlon of law or otherwlse. .
<br /> .. � 18.Succ�s�or Tru�tN.Beneficiary may from time to tlme substitue a successor or auccessors to eny Trustee named hereln � �. -w�,t;;-
<br /> � or actlnp hereunder to exacute thle T►ust Deed.Upon auch appointment and wlthout convenyance to the auccesso�Truetee, , -,
<br /> . the Iptter ahell be vested with all title,powera and dutles conferred upon any Truetee hereln named or actinp hereunder.Each E�
<br /> �
<br /> such appolntment and subatitutlon ehall be made by written Inatrument by Beneflclary,contelnlnp reference to thla Deed of �
<br /> � � , Trusf and Its place of record,which when recorded In the offica of the Repleter of Oeeds of the county or counties in whlch
<br /> * � sald property Is sltuated,shall be concluslve proof of proper appolntment of the auccesaor Trustee.The forepoinp power of
<br /> '� subatitutlon end the procedure therefor ahall not be excluslve of the power�nd proceduri provided for by law for the substltu- �
<br /> tlon of a Trustee or Trusteea�n the place of the Truetee or Trusteea named hereln.
<br /> 17.Forb��nna by B�1lalary or Tru�tN Not�Wdvar.A torbearence by Beneflclary or Trustee in exercising any rf�ht or .
<br /> � i remedy hereunder, or otherwlae afforded by appllcable law ahall not be e walver of or preclude the exerciee of any riyht or
<br /> remedy hereunder.Llkewlee,the walver by Beneflciary or Trustee of any default of Trusta under thls Deed of Trust ahell not be
<br /> •• deemed to be a welver of any other or simllar defaults subaequently occurr�ny.
<br /> 16.Tru�tor Not Rd�aad.Extensfon�f the tlme for payment or modificatlon or amo►tization ol the sums seCUred by the
<br /> Deed of Trust pranted by Beneficfary to eny auccessor in Interest of 7ruator shall not operate to release.In any rnenner,the
<br /> • Ilablllty of the orlpinAl Truator and Trustor's successor In Interest.Beneticlary shall not be requlred to commence proceedings
<br /> , ayalnst auch 8ucceasor or refuse to extend time for payment or othervvlae modity omortlzatlon of the sums aecured by the
<br /> Deed of Trusi by reason of any demand made by the orlglnal Trustor and Trustor'�successors in Interest.
<br /> n �n�. e • - i��...., �ho„r���.�nnr_.n nt any default hareunder.BeneflCiBrY shell have the option to foreclose ihls
<br /> . —. .. . -.. � i io.�povu�=i�v....wn.....���.. ..._ _"_"'
<br /> ( Deed of Trust In the m�nner provided by lew for the foreclosure ot mortqaqes on real property.
<br /> 20.Tru�tor's filpht�,Ab�rnt D�f�ult.Untll any default in the payment of Indebtednesa hereby secured,or until the breach of
<br /> any covenant herein contalned,the Truator,Its successors and assiqna,shall po�se�s and en►oy the property and recelve the
<br /> rents and profits therefrom.Upon payment of all sums secured by thfa Deed o1 Trust. Beneficlery shell request Truslee to
<br /> , reconvev the prope►ty and ahall surrender this Deed of Truat and ali notes and Loan Apreements evldencl�p IndebteQneas
<br /> seCUred by the�eed of T�ust to Trustee.Truetee shell reCOnvey the property wft�out warranty and without ChYrqe to the per•
<br /> sonu le9plly entitled thereto.The(irentee in any reconveyence mey be described es"the perso�or peraone entitled thereto".
<br /> and the recitels thereln of any matters or tacts shall be conclusfve prool of lhe Iruthlulnesa thereof.Such peraon or peraona
<br /> . shall pay all coats ot recardlnp, if any.
<br /> � 21.TnnslK o1 th�Prop�rty;As�umptlon.If all or any part of the Property or an Interest thereln ie sold or transferred wlthout
<br /> Beneflclary's prlor written consent,except ae otherwlse provided by law.Beneficlary may,at Beneflcfary'e option,declare all
<br /> the sums secured by thls Deed of Truat to be immed�ately due and payable.Beneflcfery shall have walved auch optfon to ec•
<br /> celerate If, prlor to the sale or transter,Beneflclary and the person to whom the Property Is tv be sold or transferred reec�
<br /> NF�O�S i7'!!lh (
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