' . � ,«.,, � _ �___
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<br /> -- - , `��t .lt��� 94- 10�69 �
<br /> (d) IL the Beneficlacy of thia Deed of Trust is a bank s� deEin�d by Nebra�ka I..aw� any
<br /> �t�tea�ent cont�lned in any other se�ction of this deed notwith�tandin�, the bentficiary shail
<br /> not be entitl�d to receive or take and debtor shalt not be obligated to pay or Sive{ any
<br /> � -_.- cenfession of ,�udga�ent, power of attorney to conEess judgment� power oE attorney to apptar `
<br /> [or a boreawer in a judicial proceeding or agreeaent to pay the coaks of coilectiona or th�
<br /> � ntturney'a fees, unleas such ac ts of collection would not otherwl6etosthe�Trustee Eea refecred
<br /> - Nebraaka law. Provlded� howevc r, that this aeceion doea not app y
<br /> ta in paragraph 6 (b). Provided Eurther, that this paragraph shall not apply to this D�ed of
<br /> Trust� Lf the Beneficiacy is no t a bank.
<br /> T -a� (12) Additional Security Inatruments. lruator, at i�a expense, aill exccute and deliver
<br /> to tl�e Bcsnefici.ary� prompkly upon demand� such security instruments sa may be required by
<br /> benefictary, in form and substa�te satisfactory to Beneficiary, covering a�y oE the Property
<br /> conveyed by this Deed oE 'Crust, which securiCy instrumenes ahall be additional security
<br /> -- for Trustor's faithful pecEormance of all of the terms� covenants and co�ditiona of this Deed
<br /> ' oE Trust, the promissory notes secured hereby� end any other security instrumenta executed
<br /> ` in tn connection with this trAnsaction. Such inatrun�enta shall be recorded or Filed �t
<br /> Trustor•a expense.
<br /> . ..:.�..
<br /> �•<•• �.. r..:'• :�� (13) Appointme�t of Successor Trustee. Beneficiary may, from time to time, by a writken
<br /> .y J..='!�;
<br /> � instrwaent executod and acknowledged by 9eneEiciary, mailed to Truator and recorded in t e
<br /> , � �.,� . ,. �n :�,:.2�,.;
<br /> ;. �� county or counties in which the l'roperty is loceted and by otherwise complying wil•h the
<br /> '�'�'�"r��•��'�'�"'`"�� �rovislons of tlie n licnb�e laws ot the SCaCe o[ Nebraska substitute u succQSSOr or
<br /> �,i;�:•s..,�.. •_. �:.. � PP
<br /> s�,�.,:;�:r::,': ��:• � successors to the Trustee naned herein or BCC�f18 11CC0U►itlC'C.
<br /> ' t,:' '. .
<br /> �:��z:. : .� ,
<br /> (14) Inspections. Beneficiary, or its agents, representatives or workmen, are authorized
<br /> "�` " � � " to entcr at aoy reasonable titne upon or in any part of the Property for the purpose of
<br /> _.__ '� '�1''�'-��r� '• ' ins�ect ing th� �Amn and for the purpose of perf orming any of tho acts it ia authorized to
<br /> • � . . . , perform undcr thc terms oI the Dced of Trust.
<br /> , .
<br /> (15) �tion to Foreclose� Upon the occurance oE any default hereunder, Beneficiary —
<br /> shall have the option to Coreclose tlits Deod oE Trust in the manner provided by law Eor the
<br /> • � foreclosure of mortgages on real property. '
<br /> ., (16) Forebearance by Beneficiary or Trustee Not a Waiver. Any forebearance by Beneficiary
<br /> �j�y or Trustee in exercising any right or ramedy hereunder, or otherwise afforded by applicable _
<br /> � � Inw, sl�all not be a watver oE or preclude the exercise of any such right or remedy. Ltkewise.
<br /> "' thc waivcr by Beneficlary nr Trustee o[ a�y deCault of Trustor under this Deed of Trust �_,.
<br /> , . „ shall nol be deemed to be a watver of any o�her or similar deEaulta subsequently occurring.
<br /> 'r (l�) Trustor Not Relcased. Extension of the time far payment or modificatio� or amorti- °F`�
<br /> � zation oC the sums secut•ed by thls DeeJ of Trust granted by BeneCiciary Go any succeasar in lf-�
<br /> � tn[erest of Trustor sholl not operatc to rclease, in any manner, the liability of the �
<br /> ' ortginnl Trustor and Trustor's successor in interest. 9eneficiary shall no[ be required Co p�.
<br /> commenee proceeclinss against sucli successor or re[use ro extend time Eor paymeot or otherwise
<br /> E._
<br /> � � modi[y r�mortizntton of the sums secured by tliis Dced of Trust by reason oE any demand made Y._
<br /> - ` by the original 'Crustor and•7'rustar's successor in Interes[. _—
<br /> ' (18) Deneticiary's {'owers. Wil•hout aEEecting the liability of the Trustor or any other --
<br /> 'y person liable for the payment of Any obligntion hcrcin mentioned, and without a[Eecting the ��
<br /> • licn or chargc oC thts Dced o[ Trust upon any portion of the Property no[ then or [hereto[ore �.
<br /> ' rcicased as security [or the Eull amount o[ all unpaid obligattons, Beneficiary may, from
<br /> � • � time to Ctme AnJ without nottce, (i) relc�se �ny person so Itable� (ti) extend [he maturity
<br /> i -
<br /> � or altrr any of [he terms of any such obligntions� (fii) grant other indulgences, (iv) release }�
<br /> .-, or reconvey, or caus� to be relensed or reconveyed at any time at 13eneficiary's op[i.ons any ��
<br /> � ' parcel� portion or all o[ ttie Proper[y, (v) take or release any oLher or additional security �
<br /> '" ' Eor any obli�ation herei.n mentioned, or (vi) make compositions or other arre�gements with :
<br /> � � debtors in relation thereto. ��
<br /> �=
<br /> � ;� �" (19) Reconveyance by Trustee. Upon wrltten request oE Beneficiary statiog that all aums �.
<br /> secured hereby have bcen paid, anJ upon surre�der of this Decd of Trust a�d ttie Note to -
<br /> �r,. L_ ._ Trustee for cancellation and retention and upon payment by Tru�tor oE Trustee's fees, Trustec .
<br /> .1. w4•
<br /> � ` shall reconvey to Trustor� or the person or persons iegaiiy encicied �nerei.o, ...«���� �a:=�•��;, :
<br /> Any portion of tlie Property tlien t�eld hereunder. Tl�e r�citals in such reconveynnce of any
<br /> • matters or facts sl�all be conclusive proof o[ CIiP truthEulness thereof. Tlie grantee in any
<br /> . � � reconveyance may be described as "the person or persons legally e�titled thereto".
<br /> t
<br /> � �� (20) Notices. Except tor any notices, demanJs, requests, or atber coromun�cations required
<br /> Z � unJer applicable law to be glven in another manner, whenever 9eeeELclary� Tru�tor� or Trustcc
<br /> � gives or serves any notice (includinR, witlmut limlta[ion, notice o[ defau4C r�l�d noticc oC
<br /> sale), demands, requests or otEier communtcation ailli respect to this Uoed o[ Trust, each sucli
<br /> , (5)
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