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<br /> �.�...�.....,,._ -�-,� . . 94-10i3i1
<br /> of poatpon�rr�nt shdl b�Qfwn by publlo d�alaration thKYnf by woh p�rson at th�ti��nd D�������PPo�nt�d/a ttN
<br /> s�N;provid�d,lf th��al�Is postpon�d ta�onp�r th�n on�(1)day b�yond th�day d�Npnat�d in th�notic�of t�N,notla�
<br /> a '° th�r�of shali b�piwn In th�s�m�m�nn�r�s th�orlpinal notic�ot s�l�.TrustN sh�tl�x�cut�and dNtv�r to th�purahaar
<br /> �� `�� Its De�d conwylnp tM Prop�rty so sotd,but without�ny aownent a w�rra�ty,�xp����ar impit�d.T1��r�ottal�In th�dMd
<br /> ' ., ,;�;,:•�.: of�ny m�tt�rs or sots shall b�conclusiw proof of tM truthfulnas th�nof.Any pstsan,includlnp B�ndlcluy�m�y pu�•
<br /> � ':��w,;r'r:.� � �;- oh�N�t th�utl�. �-
<br /> -J� ^`� (B) WMn Tru�tM s���s punu�nt to th�pow�n h�nin,th�Tru�tw thall apply tho procNda of th�sal�to p�ym�nt of th�
<br /> r� � co�ts and�xp�nas of�x�ro lsinp tho pow�r ot aal�and of th��al�,Includinp th�p+�yrrN�t of tM TrustN's tMa aatu�lly
<br /> =-'�� -.h'"'• ' •� inaurnd,whlch TrustN'�fNS sh�li not In th�appnpat�excs�d th�followinp amount bss�d upon ths amount acur�d
<br /> �"'�,,y�;,�,;;y���,q�,�� h�r�by and nmalninq unpald;6 p�rc�ntum on th�first i1,000 th�nof,t perasntum on th�batana�tl��of and tM�n to tha —.
<br /> -- Items In subpar�praph(C)In th�ad�r th�r�stat�d.
<br /> u-�h����, �,�5 ;_„�. � (C) Attsr ppyinp th�Items specifl�d in subpara9r�ph(B) If ths sate is by Trustee,or ths propsr couR and oth�r cost�of
<br /> �.
<br /> —��={,_�,� : foactowrs and��I�If tM tai�is pursuant to Judiclal toraolowr�,ths proaeeds of s�l��hal�b�appii�d In th�ord�r sUt�d
<br /> � -` -�"°-'•���-`r to th�payment of:
<br /> ���,, . ,, (I) Caat of any�vidence of titt�proau�sd i�conneation with�uoh salQ and of any revenus stamps;
<br /> ` � � (11) Ail sums ths a�cured heroby;
<br /> �,.. ,,...,.. (Iiq Th�r�malnder,If any,to ths person IspattY sntltied thsreto.
<br /> 13.DutNs and Obiipallon�of TrustNt.fa)Ths dutiee�and oblip4tlons of Truetee ahali bs dst�rmined soleiy by the expreas
<br /> provislona of thie Desd of Ttust,And Trustee ahati nat be I{able except for the porformance of such dutiee and obll��tlons ws �_.
<br /> are speaiflcally eet torth hersin,and no implied covena�nts or obtipatlons ahall be Impoaed upon Trustee;(b)No provislons of
<br /> thla Deed nf Truet shalt requlre Truates to expend or risk its own funda,or otherwlae Incur�ny tinanalal obti�ation in the per• _
<br /> formance of any ot ita duties hereunder,or In the ezerciae of any of its riphts or power,if It ahall have�rounds fo�believinp �_.
<br /> that the repayment of auch fu�ds or adequate indemnity apainst such riak or Iiabilfty Is not reaeon�bty asaured to It; (a)
<br /> Trustee may connutt with counsel of fta own choosi�a and the Advice of euch counael sha�l be fult and compiete authorization �
<br /> � • and protection In ths reapect of any aetton taken or auffered by it hereunder in�ood fa�th and rellance thereon;(d)Truetee __
<br /> ehatt not be liab�e for any actlon taken by tt in�oad faith and reasonably belleved by it to be authorized or withln the discntlon
<br /> or rl�hts and powera conferred upon it by this Deed of Trust. �
<br /> 14.Addiltoni)S�au�ity In�trurtNnts.Trustor,at its expense,will exeaute and deNver to the Trustee,promptiy upo�demand.
<br /> such security instruments as may be requlred by Trus4ee,in form and auba�nce'sdtlafactoty;to Trustes,coverinp any oi the !
<br /> Property conveyed by this Deed of Truet,which security instruments ahjJl,b�.�dcj�j���{I secuE�ty fOr T�uator's faithfut pertor• .
<br /> mance of�I�of the tarma,covenants and conditions of tide Daed oi Trtri,,;h@,i.�s A�iCn���1 R�Qmla�ory notp��ured �'
<br /> hereby and any other sedurity Inatruments execuled in connection wit11 thte�tnhsfetie�nr�otNNS�uments ehall be reaorded
<br /> �
<br /> or tited,and re•recorded and reflled,at Trustor's expense. —
<br /> 15.Misc�U���ou�. —
<br /> (A) In the event any one or more of the provislons contained In the Deed of Trust,or the Loan Ayreement or any promiasory �%
<br /> ' � note,or any other aeaurity Instrument qiven In conneotlon with this transaction,ahall for any reason to be held to be in•
<br /> valid, Ille�at or unentorceabie In eny respect, such fnvatidity, Illepailty or unenforceabitity shali, at the option of ��
<br /> Beneticlary,not afiect any other provislon of this Deed of Trust,that this Deed of Truat ahati be construed as If such In-
<br /> vAUd,Ilieyat o�unenforceable provlslon had never been co�tained hereln or therein. � "
<br /> (H) This Deed ot"i rust shatt be consttued according to ihe Iaws of tiie Stata�t Nebraake. ,
<br /> � (C) The Deed of Trus! ahait fnsure to and btnd the helrs, lepatees, deviseea, administrators, exeCUtors, succe88ors and t
<br /> assfflns of the pArties hereto. �
<br /> (D) Trustor shatl pay ail taxes�evled upon thts Deed of Trust or the debt aecured hereby,toyether wlth any other taxes or k
<br /> assessments which may be levled against the Truatee or Reneticiary or the leyal hoider of the Loan Ayreement on ac• �.
<br /> M.
<br /> � count of the indebtedness evidenced thereby. �
<br /> (E) Whenever used hereln,the sinpuler number shall inc�ude the plurat,the plural,the slnyutar,tho use of any flender ehatl be
<br /> appiicable to ati qenders,and the term'Beneficiary"shall inciude any payee of the indebtedness hereby secured or any �.
<br /> transfer thereof,whether by operation of iaw or otharwise.
<br /> 16.Succ�ssorTru�tN.Beneficiary may from time to time aubstitue a successor or successars to any Trustee named herefn
<br /> or actiny hereunder to execute thfe 7rust Oeed.Upon such appointment and wlthout co�venyance to the suCCessor Trustee,
<br /> the latter ahali be veated with att tftle,powera and dutles nnnferred upon any Trustoo hereln named or actinfl hereunder.Each
<br /> such appointment�nd suDatitution ahali be made by written instrument by Beneflclary,containinp reterence to this Deed of
<br /> Trust and Its place of record,which when recorded in the office of the Reylster of Oeeds of the county or counties in which
<br /> safd property is situated,sha��be conciusive proof of proper appotntment of the successor Trustee.The forepolnp power of
<br /> substitutlon and the procedure therefor shalt not be exclusive of the power end procedure provlded for by law for the aubatitu•
<br /> tfon of a Trustee or Truatees in the place of the Trustee or Trustees named herein.
<br /> � 17.Forb���anc�by B�n�flcl�ry or TroatN Not�Wair�r.A forbearance by Beneflciery or Trustee in exercisinq any ripht or
<br /> remedy hereunder,or otherwlae attorded by appitcabie Iaw shati not be a walver of or preclude the exercise of any riyht or
<br /> remedy hereunder.Likewise,the walver by Beneficlary or Trustee of any detault of Trustor under thls Oeed of Trust ahall not be
<br /> deemed to be a watver of any other or siml�ar defautts�ubsequently occurriny.
<br /> 18.Ttuttor Not RN��s�d.Extenslon ot the tlme tor payment or modificatfon or amortlzatlon of the sums secured by the
<br /> , Deed of Trust yranted by Beneficiary to any successor in interest of Trustor sha�l not operate to retease,in any manner, the
<br /> Ilabfilty of the oripinai Trustor and Trustor's successor In interest.Beneflciary shati not be requlred to commence proceedtnys
<br /> ' ayafnst such successor or refuae to extend time for payment or otherwise modify amortlzatlon of the sums secured by the
<br /> � � Deed of Trust by reason of any demand made by the orlpinal Trustor and Truator'a succesaors In fnterest.
<br /> .s n.,.�......,e......�.... ��.,.,.,�ho.,r.�urrwnce ot anv defe�uit heteunder,Benef{ctary shail have the opiton to foreclose this
<br /> v. p.w.. .�.�'��'���.�r.�.. ..._ _--- �
<br /> • Oeed ot Trust in the manner provided by law for the forec�osure of mortqapes on real property.
<br /> 20.TruHor's Rt�hfs,Abs�nt D�tault.Untl�any defauit In the payment of Indebtedneas hereby secured,or untii the breach of
<br /> �ny covenant hereln contalned,the Trustor,fts successors and assiqns,shall possess and en�oy the propeRy and recelve the
<br /> rents and protlts therefrom.Upon pt�yment of alt sums secured by this Deed of Trust, Beneficiary shail request Trustee to
<br /> ;� reconvey the property And shali surrender this Deed ot Trust and all notes and Loan Apreoments evldencin�indebtedness
<br /> � secured by the Deed of Trust to Trustee.Trustee shall reconvey the property wlthout warranty and without charpe to the per•
<br /> sons Iegaliy entltled thereto.The Grantee In any reconveyance may be de�cribed as"thES person or persons entitled thereto",
<br /> and the recitals therein of any matters or fpcts ahali be conclusive proof of the truthfulness thereot.Such person or persons
<br /> aha�l pay ai� costa of recordinq,tt any.
<br /> 21.TranN�r of th�Prop�rty;Assumptlon.lt uil or eny part of the Property or an interest therein is sold or transferred without
<br /> Beneficfary's prior writte�consent,except as othRrvvlse provided by law,Beneflclary may,at Benefictary's optlon,declAre all
<br /> the euma secured by thla Deed of Trust to be fmmedtately due and payabie. 8eneficlary shait have walved such option to ac•
<br /> � celerate ff,prlor to the safe or transfer, Beneticlary and tho person to whom the Property Is to be sold or transterred reach
<br /> MF{015 i��90�
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