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<br /> � of poNponim�!shaH 0�piwn by puWic�olaratbn M�rwf bft wc1�OK�+at tt�ttni�and ptsw,ialt�PPant�d fer th�. —
<br /> - . s saN,proi,ld�d,It tM�at�Fs O�►DOMd tar lonpir than on�t�)d�Y b�Ya+d th�day Oai�n�tM tn th�ncttc�of Mt��notic� , —:-:�-_—
<br /> =� • L�n thKaoi sh�ii W piwn In th�si�rtM mtnn�u tM alQinal noticle of�at�.ttustN ahatl�x�cut�and dNtwr to tM pu[cAa� - _:,���-,f_
<br /> - °�js;�'� [ts ONd coe�wyinp tM RropxtY so sotd�but witlwut any eor�rtant or war��ncpnss a tmpil�d.TM t�cital�In ttN�Md '��,�n:�:--;L:°=-
<br /> _ ' ;���,��,..�`•� Inctudfnp BM�ticlary.tn�Y P�r.
<br /> �=••-���~=•• of any rn�tt�s or�c;�s As l l D�co n c tw l w p r o o f o t t M t n rt A t u t rn s s t M c�u f.A n y p K a o pr t�_;w,f.�
<br /> .� � ,><._� . . . � •
<br /> ` �` ..,_. ,,." . aMN at!1!�ud�. � _'
<br /> + ,.�. (By Wh�n 7tuK�e tNis pnrsuani ta tM pow�rs Mratn.ths Tnist�s sAa!!lipplg!be procaeds ot tNs�to paym�nt Ot 4h� (f . � ;.
<br /> ",��� � `� - - -cost=�td ex�cesesc!exerclatap Ehe power ot�IQ and o!tAs sate.inctuQitl�MO WY�t of tM Trust�s'�fNS actwity �: � �.
<br /> `• ' � , - tncurrsd,Whict►Ttu�tse'a tNS shall not tn tM a�pn�ate excMd ths toliowtnp amouat hased upon[M smount s�cur�d �
<br /> twrepy and nm:inhp unpat�5 psrcentum on th�flrst i1.000 theroof.l psrcmtum on tAs bahncs tl�eroot and th�n to ttfe `
<br /> .�'''a"�'� � c'��� , �, - . . ..
<br /> ��'��_ .- itema[n eubA���(�tn ths order then stated. €..�' •:.-y�
<br /> .�=�''=.- �' •:`:.`'.:
<br /> � �- �;;;;:",,-;=-:� =-• _� (C) A(ter payinp the tiems spsclHed In subp�ra�rapB�B)if tM�sate Is�y Trostes.or the proper couR and other costs of
<br /> f-- - • }a���um�nd aale tf ths saie Is�urawnt to Judicla!torectosu%the praceeds of aate ahalt bs apptiad In the order atatad �/ .,. ` '
<br /> �`:...--� �rf - �_. Lo the Palrmant oh. � - < .� ..__
<br /> �:��:.: . :-
<br /> ,. `.,.
<br /> .r%�:, w; ' ' (i) Coat of any evidence of titls procured in conneclian.with aucA aate and of any revenue atampx . �
<br />;;:.- `. . _ . .' Qi} Atl aums the ascured hsreby; � �: ` . �
<br /> �, ;,`...' .
<br /> �, '. .,: :� �' �. (iiq The romalnder.it any,to the person Ispalty eptitied tAereto. ; � � �
<br /> • • , 13,pw���d pblq�tioia of TnwMw.(�)1'he Autiss and oblipatlona of Truates shati be detennined sotsly by the expresa ±�• � �
<br /> • ... ;�,� ` ,,. ` _
<br /> • provislona ottbis Deed of Truat,and Truatee aliat!not be Iiabts except for trie performance ot sueh duUes and oblisations as � . . : .,�..
<br /> �J: � ars apectfical ly set torth hsrof n,and no imptied corenanta or obllpations shail6e imposed upon Truates:(b)No prcvialons of -
<br /> � ` � ' tAts Osed of Ttust afisii raquirs Trustee to sxpsnd or risk its own funds,or otharwtse lncur any financlal oDltpation En the per- � � � •�-- �
<br /> ,,... --•--..._
<br /> � ` • �`� � � � '� torinancs of any of tts dutiss hsreundsr.or in the exercias of any of ita rlphts a power,if tt shall have protmds to�bslierin� ��� - � .:=7
<br /> ` �� � that tAe ropayment of�uch funda or adsquste indemn(ty apatnst suoh�isk ot Ilabl.lity la rat rsasonabty asaured to t�(c) E`
<br /> , .., . � . _
<br /> '- •• , Trustse may conauit with cuunael ot its own choosinQ and the advice bi aucft coutisel aliatl bs fuit and complete authaizatlon ; : ��
<br /> � ' . and protection In ths respect ot any action taken or suitered by it hereunder[n pood faith and retiance thereom(d}Tro lo ;' '':
<br /> :. _. �;;:;,;;�,�F;;�;.� shAtl not be tlabts tor any actlon taken by it in qood fai31�and reaaonably beUevad by ft to b�jM1�i���� '
<br /> - � ``- or rfphis and powers conterr�ed upon tt by this Oeed'of Trust. ' � '
<br /> e � :
<br /> " - 14,Add(tlonal Sicurity Uatn�nb.Trustor,at its expense,wlll execute and detiver to� nd, ; .
<br /> � � ` • such aecurtty[natruments aa may be re�:.ired hy Tcus�ee,fn form and aubstance satisfaotM► . t he j : •
<br /> ` � � � pirppeRy coirveyed by this Deed of Trusf,which secutity instniments shall be additiortal aecurlty for.Trostor'a iaithful pe�for- _.
<br />---- -`--�—�==.�`'�'� maaceofattattnal�.coyenantaandcqaditton�olthtsDeede�;rust;�heloanAgreemeat,anY.nromisanrlcaoteasecured ;---- •: - ��
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<br /> •� _ � hereby an�any other securtty tnstrumeats executed 1n connecfi��r�ith this transaction.S1ia�instrumenta shaD be�ecorded .;
<br /> . . � . ,1�?t`:Y'. . � � .
<br /> . ;���°::�.." or flled,an�!�-recorded and refped,at Trusta�'s expense. ; , ';:•"`��'k
<br />. ' . � . . ' . . 7 ..
<br /> . . 15.Mbedt�n�ous. � ,
<br /> �� • ,(A) In the event any one or more of the provlatcns.contatned in the Deed of Truat,or the Eoan Agreement or any promissory `, �
<br /> ---- _-----��---------�-�- � nota,or anp otfier security instrumeM gtven In'connectton witt�thls transaeibn,shalt tor any reaao�to be hetd to be in- �;.��: _______.._
<br /> • ' vaild, iltegal ar unenforceabte in any respect, such invalidity, iltegality or unenfdcceabiliry shall, at the optlon of �:',��. ...
<br /> Beneficiary.not aNect any other provision of this Deed of Trust,that this Deed of Trt.st s�all be construed ss if such in- �
<br /> # � ' ' valld,Illegai or unentorceabte provislort had never been contained herein or thereln. � • ,
<br />-i' � - - '
<br /> -� � - - (B) Thls Oeed of Trust shatt be con�hued according to the laws of the State of Nebraska._ �-
<br /> #s• �.c; ' � (C) The Ceed o}Truat shaN insure to and bind the heirs,legatees,devisees.administrators, exeCUtors, successors and ,
<br />�,r , r::'.'�`,•�: assiqns ot the parties hereto. • �
<br /> (0) Trustor shaU pay atl taxes levied upon this Deed oi Trust or the debt secured hereby,together wfth any other taxes or ;
<br />�,., . � asseasments which may be Iev[ed agalnat 1he Trustee or Beneftciary or the tegal holder of the Loan Apreement on aG ; . •
<br /> i��" - -�,�-� `' �- � � � couni of the indabtedness evidenced tfiereby. � { � � �
<br /> � y.::;j?.'!,, • � {� Whenever e+sed nerein,the ainguiar numbe�sha11 trtctuds tha ptura►,the ptural.the strtgutar,the�se of any gender shall be ; .
<br /> - ' appllcable to all�enders,and the term"Benefjclary"shall Include arry payee of the indebtedness hereby secured or any . ,
<br /> � _ .', tranater thereof,whether by operatlon of law or otherwise. .
<br />,:• :,. ' 18.Succa�orTrustN.Beneticlary may irom time to time substitue a successor or succassors to any Truatee named hereln •
<br /> <ti;:,���;:,..
<br />�, � ,��.•.� � o�actinp hereunder to execute this Truat Deed.Upon such appolntment and without convenyance to the succeasor Trostee, :
<br /> --��- ���� � - - ���-• � the latter afiall be veated with stl titte,powers and duttes confened upon any Tntstee herein named or actinp hereunder.Each _.
<br /> j.�. . ,'�;.��. _; , ,� auch appolntment and subntitutlon shall be made by written instrument by Beneficlary.containinp reference to this beed of . ' �
<br /> Trust an¢jta place of record,which when recorded in the office of the Repister of Oeeds of the county or counttes tn�rhich
<br /> � .�� ' �.�;:'•-�� • _ aaid property la aitusted,shall be Co�xlusive ptoof ot proper aDnotntment of the succassor truatee.The foresofr�pawes o1 • •
<br /> � ,-�=`��`• ��- •� aubstitutlon and tha procedure theregar shall not be exctushre o!tha power arM procedure provlded for by law for tr�s�bsttiu-
<br /> 'r. _ � `•� ;. •� ,: tlon of a Truatee or Trustees in the R���e ot the 4wstee or Trustees named herein. •
<br /> ' ' '� 17.Faf�rana b�l S�nNklary or TrpstN Not s Walwr.A torbearance by Beneilciary or Trustee in exarclsinQ any right or . .
<br /> e�! � '`�.''., ,�:'�..:�,':, ,; remedy herounder.or otherwiae attorded by appilcabte law ehall not be a waiver of or prectude tne exerctae o!any ripht o► - : ,
<br /> �: ';:��}'.�;,;;;-;�;. . remedy herounder.Ukewise,the waiver Dy Beneticlary or Truatee of any delsutt of Trustor under thla Deed of Truat aA�tl not be
<br /> -- __ ��--, �� deemad to bs a watver of any other or aimilar defauit�subsequentiy occur►inp. . .
<br /> - - ��'j'`�"'.`,.r,'..� 18,'iruslor NW R�isa�aQ.Extenston of tho time tor paymcn!or modltloatlon or emortlzation of fhe sum�aecured hy the
<br /> ���;'ci: ;�•,..
<br /> ° �•����; OMd ot T►uat�rantsd by 8enefiaiary to any aucceaaor In Interest of Truator ahall not operate to reivaae,in�ny manner,ths
<br /> Ilabtlity of the orlpinsl Tru�tor and Trustar'a aueceasor In Interesf.Beneflclary ahsll not be requlred to commence proceedin�s .
<br /> _-� ..,,_;�. �alnst such succsssor or refuss to sxtend tims tor p�yment or otherwiae modify amonization ot the suma aecurod by the
<br /> _� D�sd of Truat by reason of aay demand made by the oripinal Truator and Truatar's auaeeaaora!n Intareat.
<br /> ; 1�.Optbn b FaroloN.ilpon the oacurreacs o!�ny defautt hersunder.Beneflctary ahstl hsve the optlon ta torecloss this __ __._,. .
<br /> - DNO of Trutt ln tM manne�proWded by law fqr th�tonciosure of mortpapes on real p�operty. • .
<br /> -._ , ., ?�*•. 2p,Tnhtpra 11{phN,Ab��nf ONauN.Unti1�ny defautt In the payment of Indebtedness Aereby aecured,or untll ths breach o! •
<br /> "3' any covsnant herein cont�tine0,the Truator,its auccessors and asstpns,ahall posaess and enJoy the property and recetve the , . •
<br /> nnts and proilts th�Mrom.Upon paymsnt ot ali suma seCUrod by thla Deed ot Treat,8eaeflclary shati rsqwst Truatee to
<br /> r�conwy tM proputY and shall surrender thta Deed of Truet and att notss anA Loan A�raamenta.wldancinp indeDteQnesa � •
<br /> Mcured by the ONd ot Tru�t to Trwtse.Trustes shall nconvey the property without wuranty and without chupe to�hs per•
<br /> •ons tpal�r�ntttNd th�nto:Ths'Gant�s tn�ny reconveyancs may bs descNbed as"ths petson or persoas.entitted thereta". ;
<br /> �nd th�ncitats tMrNn ot any nwtt�ra or facts ahail be conctusive proof of the truthtutneaa thereof.Such parson or persans i �
<br /> _ .:.... ..._sh�0 pay ati catt Ot ncordirq,lf any. . _ '- --�- �_--_
<br /> Z1,Tr�n�Nr oj 1M prop�t�;AMwnplia�.If atl or any paR of th�propeRg�or an InUie=t thsretn te so(d or transfe�re0 wttf�aut � �""—
<br /> B�Nciar�Ps pdor written cansent,excrpt as otherwls�provld�d by taw,Bintilctary may,at Bsn�f iclary's optlon,dactare atl !
<br /> th�sums a�cund by this Oesd of Trust to b�Immedtatety due and payabte Be�etietuy ahail havs w�ived stuch option to aG (
<br /> : . cdrrtt�it,prior to tfw sal�a tnnster,B�r�efkiary and tM pusaf to whom ths Prop�rty is to ba sold or transterred reach ` '
<br /> �o+str� ' . . . �. �. .
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