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<br /> .`��",w�`t . 9. Thc Heneficiuy,or Itc agents, arc authorizod to entcr at any rcasonabic timc upon or in any part of thc property for the Y
<br /> `j�� -�-L purpo�c of inspoctin�the same aad for tho purposc af pcdormin�any of tho acts tt�cy arc authorixod w perfotm undcr the tcmu of '°""�---
<br /> y��-�.'...�-;.,,.� any loan insuuments cxocutod by Trustors. -�------
<br /> ; �,KN�.,�::. +� 9. It all ar any pazt of the property or any jnterest of Tnutors is sold, transfctrad or fiuthcr cncumbercd witl►out thc written K L,,,_—:;.y`
<br /> ' ��.�.� '•;`. .'f�; consent of thc Hencticiary,thc Bcnoficiary may dectuc ail cums aecurai by this Truu Dood lo bc immediatcly duc and payablc and �•�•''��-- .
<br /> �� �" ��•� , prooxd ro the remodles available to It under thc dcfault provisions conteinai horein.
<br /> ' ,J�:L • .;�� 10. My o[thc foltan►ing eventa shall be damed an event of dofault hcrew�dcr.
<br /> r ` 1 a. TnWora�hatl have failed to makc paymtnt of aay installment of principal or interest or any othcr suma scxured hcreby whcn �...,�--�..
<br /> �,:- :• . •. ,�:z: d�: � .....J..._;. _
<br /> •�� ;�... �� .,_. �, b. There has axurrrod a breach of or defaull under any term, covenant, agreement, wndition, provision, representation or -__ _
<br /> _ , ` warranty oontained in this Dood of Tnist,the notc or any othcr loan inswment scx:ured hcreby; �+
<br /> '' c. T l�e r c h a s b e c n a d e f a u l t b y t h c T r u s t o r a i a t h e p a y m c n t o f s n y p ri o r o r s u b c e q u o n t l i e n o r c n c u m b r a n o e i n r e r p o c t t o a l l o r a n y r+�'`'•`�k'•�=��
<br /> — . .• .. part of the properry: �,�..���
<br /> _ — � . � d. Trustocs shall fila a valuntary petttion in bankruptry or shell bc adjudicatod bankrupt or inwlvent, or shail make an �y ,���� ��'�
<br /> ��`z.�; '; '"�' assignment for the beneft of creditors in respect to the propacty;or an action to enfora any lien or encumbra�ce ot judgments _- -- 9
<br />-3.�f` � . - against thc propecry is commc�ocd.
<br /> � _ I3. In the event of any default.tt�e BeneSciary may declare all indebtedness secured hereby to be due and payable and the same �,� ._�_
<br /> _ ---����.::�. shall thereu p on beoomc duc and p a yablc without an y presenunent,dertund,protest or noticc af an y kind. ThcrcaRcr.the Beneficiary ��r�;" ---
<br /> .... lsx... r ,. � ..... by�
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<br /> � �..... ' . � ttlay: �c;?�`-;-_�::�;.
<br /> ` �. either in penon or by agent,wlth or without bringing any acuon or proo0eding, or by receiver appointed by a court and N�. ��'�=' ''�"�
<br /> ; without regard to the adequacy of uny security,entcr upon and take posscssion of thc property,or any part thereof,in its own '�'•;:�?'r_ -'-'"-
<br /> � , . . name or in thc namc of the Trustce, and do any acts which it deems nooessary and desirable to preserve the value. '�.;;;�...
<br /> ' ` marketability or rcntHbility of the property,or part thercof,or interest therein, incrcasc the incomc therefrom or protect the .:•�-
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<br /> � securiry hereaf and,without taking posu�.cion of the propecry, sue for or othenvise colloct the rents,issues and profiu thereof, °"`
<br /> ""'�� " . including thase past due and unpaid and apply the samc, less costs and expenses of operation and oollcction, in�luding �.':-��'• _
<br /> > attorney fecs,upon any it�dcbtodness securod hcrcby,all in such ordcr as thc Bcneficiary may detcrmine. Tha entcring upon ' ' '
<br /> �� ' and taking possession of the uuse estato,the colloction of such rcnts, issues and profits and application thereof as aforesaid .,
<br /> cti
<br /> � shalt not cure or waive any defaalt or natice of def�Wt hereunder or invalidate any act and in response to such default or �`�+ ,�^^
<br /> . � suant to such notix of default and notwithstanding the continuance in possession of the prope�ty or the collection. receipt ; � ''� �'- �
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<br /> aad application of rents,issucs or profits.Tnutoe or the Beneficiary may bc entitled to excrcise evcry right providod for in any y;�.�,�: ''
<br /> ���., ' of the loan instniments or by law upon accurrenee of any event of default,including the right to exercise the power of sale; ��r"��'�
<br /> � • , �;�..�_,
<br /> _ - _--<?;>:�__--:___-- b. commenw an aaiaa so foreclo�thfs Dess!of Tnist as a morioagc. appoin! a rtcclvcr.or sgez�c�lly tnforcc any ot!hc rux.«___ ,-
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<br /> • ,�rr.'` ' oocenants Itotcof: �71i
<br /> �. '•�1',. , .ri"� c. delivcr to Trustce a written declaration of default and demand for salc.and written notice of d�t'ault and elecuon to causc �� �
<br /> ' Trustors'interest in the property to be sold,which aotice Tmstee shall cause to be duly 4iled for record in iho otlicial records �_.�.,.,;...,� e
<br /> ' ' � of the county!n which the property is lacated. � •<�,r�•� _
<br /> # �• x.��
<br /> �� 12. Should ihe&neficiary elect to forexlose b}�exercise of the po��•cr of sale herein containcd,the Beneficiary shall notify Trustee :��
<br /> and shall deposit�►ith Trustee this Doed of Trust and thc notc and such roceipts and evidencc of euponditures madc and sccurod r �:.":"° �
<br /> ' hereby as Trustce may rcquire,and upon rcqucst of the Bcnef ciary, thc Trustec shali puse to be recordod,publishcd and delieered � � '�' . �_.
<br /> `_ . • '�.� to Tn�stor such Notice of Dcfault and Noticc of Salc as then rcquired b�law and by ihis Decd of Trusi.Trustce shall withoul dcmand ' ' :}
<br /> � ;� on Trustor, aflar such time as may then be rcquired b}�law and after recordation of such Notice of Default and after Notice of Sale
<br /> � having been gi�en as reyuired by IaW,sell tho property at thc timc and placc of salc fixcd by it in such Notix of Salc, cither as a + .
<br /> � '4 "`.�r'''�' whole, or in arate lots or cels or items as Trustee shall deem ex ient,and in such order as it ma detemune.at publio f .••--�'.
<br /> � `:��!, �� auctian to the�hip hest bidder for cash and shall deli��cr to such urchaser o�r urchasers thercof a decd to the r sotd,consistent � �"'
<br /> 'r,: g P P P�rtY " .
<br /> , � "; with the law thcn in cffoct. Rccitals in the Trustoc's docd shall bc prima facic c�ridcnce of thc truth of thc statcmonis made thcrcin.
<br /> Trustee shall apply the procttds of the sale in the follo«�ing order:(a)to all rcasonable costs and cxpcnscs of thc sale.including but �•.''��� ~��.
<br /> ` � not limitod to Ttustee's fees of not more than 2%of the gross ssile price,rcasonable attorney�fees and costs of title evidencc:(b)to atl , '�
<br /> � � sams sonuod by this Doed of Tnut; and(c) the cxccss. if am�.to the person or persons lcg�lly entitlod thereto. Any person. ;
<br />,,: including the Bencficiazy�. may purchase said property at said sale. Tnutce may in the manner pravided by law,postpone sale of all • .•- .. :.�.`�E�
<br /> k.� �::�• . . or any portion of thc properry. . . 'v-��
<br /> � • • � 13. Trustee and the Heneficiary,and each of them,shall be enqtled to enforce pa�•ment and pedormance of any indebtc�dness or ' �
<br /> °� +�L obligation sccurod hereby and to cxercise all rights and pow•crs under this Dccd af Trust or andcr any�loan instnuncnt or other „
<br /> . �.:,
<br /> � ' �°�"�� a ment ot an laws nor or hereafter enforced non��ithstandin some or all of the indcbtcdness and obli ations secured hore �
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<br /> � which may noa• or hereafter be othen�ise socured. w•hether by mortgage. da.d of trust. pledge, lien. assignment or othenvise.
<br /> Ntithcr the acoeptance of this Deod of Trust nor its enforcement,w•heiher b��couR action or pursuant to the poWer of sale ar other
<br />�=���. ' �" powers herein oontainod. shaq prejudice or in an�•manner affcxt Trustec's or the Benefician•'s right to reatize upon or enforce any
<br /> j' other secudty now or hercafter held b}•Tnistce or the Bencfician•. it being agrccd that Trustee and thc Beneficiary, and each of
<br /> - ;: . them,sh�ll be emitled to enforcc this Dcod af Trust and am-other sauriry now-or hercaRcn c�id by the Beneficiary or Tnutee in
<br /> , ; � such order and manner us they may in thei�absolute discretion dcierminc. No remedy herem conferrai upon or resen•ed to Tn�stee . �
<br /> ,. or Beneficiary is intendod to be exclusi�•e of an�•other remed�•hercin or by laµ•prrn�idod or permittod,but each st�alt be nunulative .
<br /> - _ ' and sl�ll be in addition to e�•eq•othcr rcmody�given hereunder w now� on c�reaftc�existing at law•or oquity or by slatutc. E�•ery ;
<br /> powet or remody given by an�•of the loan instruments to Trustce or the&neficiacp or to w•hich either of them may be othenti�se
<br /> _ ���:,.��<•�� catitlad may ye cxcrciscd,concurrcntly or independendy, from Uroe to time and as otlen as ma�•be deemod cxpadient by Tnutee or
<br /> =.� � "�;Y=` Ba�ficiuy.and either of them may pursue inoonsistcnt remcdies.Nolhing hercin shall be wnsuuad as prottibiting the Beoefiaary• �,. .�.
<br /> —�'i from�kiog�dcficieacy�judgmcnt againu Tcustors ro thc c�tcnt such action is permittod by law•. � •
<br /> •• w�_'�'_ L_�L'_ �!��.� ��l J r.t�....J �/..� _. ..i'..���L_�..�J�L���"t_J ��T�.���� �L_ _L.._
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<br /> . . . ---'-:�'# w. iiuxws uc�w) iw� �wyr� v�w�q �wiaaw v.�w.aw�a.uw. ur� w� �wru�.�.w wa��w.swaw�w uc u�rnw av a��wv�a ri uw •-- . .
<br /> - addras sd fath ia thc first parag�aph of�his Dood of Tn�st.
<br /> _� �c,`' IS. The Benei'ki�ey may.by a written instrument exocutod and acknoW�Iodged by Be�ticiary.mailod to Truuon uW rvo�rdod in
<br /> -- tbe Couaty ia wtiich U�e prope�ty ic loptod ud by otherwise cwmplying w�th the provisions of the appilcabie!aw of the State of
<br /> Nebrsslra,s��buitutc a wxerwr w the Tn�stoc nunod hcrcm or acting hcrcw�dcr. �`�
<br /> 16. This Deed of T�uu applies to and inuKS to thc beaefit nf�nd bi[ds all pactics hento. thcir heirs.personal rcpc+cscntati�•es. - � .
<br /> f1100ai0f�ip{I ifitjRf. 'IbC ICf1tt"�CAdiCiary"Shill IpCiD 1GC OWOCt�Sld hO1dC�Of th0 IIOtC.�Y11C111K Ot iWt A�11fOd ii H�MfiClaty ,.
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