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<br /> � � (b) VYhm Truttn wlb purouartt to ths pow�»her�in,Truttw�hatl appy th�prau4da of tha eaf�to peymmt of th�coite�nd expsntn of -- �- �
<br /> . �xore4lnn tiio Powor af oato and ot tho nal�,irtcfudlnp,wRhout IfmRnNon,th�p�ym�nt ot Trunw'�Fta Ineurtrd,wh�h Ttuttt�'�F�a ahtp "�*.�;'"'�-�_�---.
<br /> • not in!�s ap4r�8ab sxe�d lh�folbwlnp�mounm bas�d upon th�amount s�eund hmby and nmalninp unpald;8 p�runtum on th� ,;�,p ,., - . �
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<br /> ' • " bnitna tMrool;and thm to th�R�ms in wbpar�pr�ph(o)In th�ord�r th�n sU�t�d. '"`'�'4 ' $`- .�--
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<br /> (o) Alta psylnp th�it�ms sp�cNNd In subparepnph(b),M th��al�!�by Ttusb�,or th�prop�r court and oth�t aotb of ior�bsua�nd�ab N th� . , .''..'--='-"�'"
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<br /> � aM is pununnt to�udlelat tonatown,th�proaeds of taf�thali tw oppifw!In qia ordat etatod b:tow ta tfio paymeM ot �, �.�.� =-^- -
<br /> (t)Attormyi f�a�nd cotb o}ooil�cbont � �_ :i.'�y',� .--
<br /> � (2)Cost of eny�vldena�of titw procund In�onn�edon wHh�ueh uN and of any nwnw aqulnd to bo pald: . ': .��.-- -
<br /> � , (9�All obpp�tlont aeutsd by thb Tni�t d�M; `
<br /> " . (4)Th�nmatnde,M any,to th�p�non IspaAy�nUN�d th�rKO. � 1
<br /> 7. AOQITIONAL BECURIN iNBTRUMHNTB.Tn+otor,at ks ucp�nw,wlll�x�aut�and d�ihrar M th�B�n�flctnry,promptly upon d�mand,sueh ,� ' � ,1
<br /> �s�curiry in�trum�na u may t»nqulnd by B�n�flcinry,In form and�ubatana satbfactory to 8�n�flelnry,cov�riny any ot tb�PropeM oortwy�d by ., . =
<br /> thM Ds�d o}Trust,whkh s�ourity Inatrumant�ahNl ba eddidon�l aocurity for T�uator'e feRhlui performanca ot e0 the t�rms,eovanaKs ano eondRbns of ' _
<br /> �' thb Owd of T►ust, th�promissory notes s�cured h�reby,and any othsr e�eurity in�umsnts ox�cutod in wnn�etlon with thl�trnneaeUon.Sue�"i'� �.
<br /> in�trumarrts ehall b0 roeorded or filed at Tru�Wr's oxpon�. ..
<br /> =..
<br /> e. APPOINTMENT OF BUCCESSOR TRU8TEE,9en�fieisry may,trom tim�to tima,by a wrfttan instrumant�xecut�d and acknowlsdp�d by �,
<br /> Bensflel ,mniitd to Truster nnd reeordod in the county or eounUeo b which the Propstly la located nnd by oth�rwise complyinp wtth the provftlane of •• ' � .�'��
<br /> �
<br /> Me app�ieebis tawa oi the State ot NeGraskn subsUtub a suewssor or sueeesson to ths Truates nnmsd h�roln or actinp horeund�r. ... � .
<br /> „ „ '.YP.
<br /> � 8. IN8PFCTIONB.Beneficlary.or ite eflenta,repros�ntnUv�s or workm�n,aro nuthorfced to entsr tst eny ransonabls thns upon or In any part of -
<br /> the Property for the purpose of tnspedhg ths enms end tor ths purpoes ot p�rforming any of tha acte ft fa authoris�d to porlorm undn tho tstm�of 1hs • „,�;�
<br /> - - Oeed of Trust. " . — -' -
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<br /> 10. OPTION TO FORECLOSE.Upon the occurtenca of any breaeh and upon the declaraUon ot de}nutt herounder,Beneficiary ehnll hnve the �'' .—
<br /> opdon to foraoba�thfs Oeed of 7rust In ths mann�r provided by Iaw tor th4lor�dotun of moApapea on reei property. , „�."r�'�
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<br /> 11. FORHBEARANCE BY BENBFlCIARY OR TRUSTEE NOT A WA11/ER,Any torebe�ance by Benefielary or Trustee in exereteing any dQht or " --
<br /> � remedy herounder,ot othorwise aHorded by appllcabie taw,ehali not be e weivet of or pnWud�the exerelse of any euah dght or remedy henund�r. � �•�, —
<br /> � Ukawles,the waiver by Benefielary or Trueteo of any defauft ot Truetor under thie Qeed ot Trust ehaN not be deemed to be a wnivor of eny othor or "'� -
<br /> - .� i
<br /> slmlinr defaulta eubsequently occurdng. �• • •��+� �
<br /> .,. , _�_
<br /> � 12. TRUSTOR NOT RHLEA8ED.Extension of the time fot payment or modficatbn or amortaatbn ot the sums securod by this Oeed ot Ttust � �.�-
<br /> �granted by Beneficlary to any aucceesor In intereat ot Trustor ehaN not opernte to reieaee,tn eny manner,the IiabflRy of the origlnel Ttuetor and
<br /> Truetor's sueeeseor in inEeroei. BsnaGclsry shaA nat ba raqultad to tommenes groceedln�s�����a►such auecessor or retuee to extend dme tor � _ _ �' � -
<br /> ��— '�,�_.
<br /> pnyment or otherwise modity amoRfzation of the suma aecured by this Deed af Trust by reason af any demnnd mnde by the orlgina�TrueWr nnd i —'�i.' ,
<br /> Trustor'e euccessore In fnterest ��"��
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<br /> 13. BENHFICIARY'8 POWER8.WrtMut nNecting or teieaeing the Uebidry oi the Trustor or any other person IIaWa for the pnyment of any I ��:� :
<br /> obitgatlon hereln mentwned,and without aHeeting the Ilen or eharge ot this Deed of Trust upon eny portlon of the Property not then or theretofo►o - ��: y
<br /> relensed as tecurily for the luli amount of ell unpatd abitgatlone,Benefielery may,from time to dme and without�otice nt the requeat ot one or more i , _. R,,
<br /> Trustors(1)retense nny pereon so imWe.(.)e�ttlnd or renew the matur8yr ar aRor any oS the terme of eny auch obligations.(in grent other Indulgences, . _; �
<br /> (n�re�ease or reconvey.or cnuse to be reieased or►eeonveyed et any time nt Beneficlary's optlone any parcel,portlon or eN ot the Property,(�tnke or i ."� ,.� �;'
<br /> •teieaee any other or additional oeeurity}or any obl�gntbn herein mentioned,(a)make eompoaitions or other arrnngements wdh debtore in raladon ,�•�
<br /> thereto.All Trustore shnit be Joinly nnd severally obiigated tsnd bound by the aetrono o}the Beneficfary or any trustor ae herein atated. i �:/� ,
<br /> 14, AITORNEY FHE3,Cd3T3 AND EXPEN3ES.it the Benefkbry of this Oeed of Trust ie a bnnk ae defined by Nebrnskn law,nny statement � � '�
<br /> � eontnined in any other seetan of thia deed�otwAhstend�ng,the BeneUasry ahail�ot be entRied to teeeive or take and debtor shell not be obilgated to ;,
<br /> ' pny or give;nny eonteasion ot judgment,power ot attorney to eontese�udgment,power of nttorney to appear for n borcower fn n�udlelai proceeding or , �,�
<br /> ngreement to pey the costs of eolieehon or the nttorneys'tees,uMese the�nlerest payable by the terms ot the Note referred to In thla deed ie/8%per , •,,,:�� .�
<br /> � annum or leae,or the note reterred to in thie deed is repayable in twa or more equat u unequa�mstallments nnd over a period ot more thnn one w
<br /> hundred lorty-five(146)months.Providod,however,that thre sectton does not epply to the trustee tee referred to in Paragraph 8.8(b).ProWded fuKher �
<br /> thnt thls Paragraph B.14 eheN not appN to this Deed of Trust,d the Beneficiary hereln�s not a benk.
<br /> ;i
<br /> 16. RECONVEYANCE BY TRUSTEE. Upon wrAfon request of Reneficfnry stnting that nll suma secured hereby have been patd, and upon � �
<br /> '; .eurrender of thls Deed of Trust end the Note to T�ustee tor caneeliat�on and retention and upon payment by Trustor of Truatoo'a toes,Trustee ehall ��
<br /> reconvey to Trustor,or the person or pereons Iegaly entrtled thereto,wRhout warranty,any port�on ot the Property then heW hereunder.The recRals in _�
<br /> sueh tetonveyence of any mettere or leets ehall be conc�usNe proot ot the truth}ulness thereof.The grantee in any rewnveyance mey be described ns ;
<br /> , 'the pereon or persons tegally entdted thereto." °
<br /> :�
<br /> I18. NOTICE8.Except}or any nohces,domands.requests or other communicahons teqwred under apphcab�e�aw to be given in anothor manner. �
<br /> whenever Benefieiery,Truetor or Truetee grves or serves any�ot�ce(mciuding,wRhout I�mdadon,not�ee ot de}auk and not�ee of sele), demands,
<br /> ,� requeets or other wmmu�tcaGOn wdh respect to this Deed o}Trust,each sueh not�ee,demand,request or other communicstion shell be�wrding end
<br /> ,, ehalt be aftectfve onty d the snme�a de�ivered by personal service or is mailed by eertfied mad,postege prepsd,addressed to the addrese as set forth
<br /> at the beglnning of th�e Oeed of Truet.Any perty may at any time ehange Rs eddress tor euch notieee by de6venng or mailing to the other patty horeto,
<br /> � 'ae atoreoatd,a not�ce ot auch ehange.Any not�ce hereunder ehell be deemed to hnve been grven to Ttuetor or Benef�c�ary.when grven n tfie manner
<br /> dee�gneted herein.
<br /> 17. REDUEST FOR NOTICE.Trustor and Beneficiary hereby request a copy ot any not�ce of detauh,end e eopy of any notwo o}eale thereunder.
<br /> be maded to eaeh person who�s e party hereto nt the address aet torth tor such person m the firet paragraph ot this Deed ot Trust
<br /> 18. CiOVERNIN(i LAW.This Deed of Ttuat ahad be governed by the Iaws ot the State o}Nebraska.
<br /> 19. SUCCESSORS AND ASSIQNS.Thie Oeod of Trust.and eN terms,conddions and obligat�ons herein,appiy to and inure to the benefit of and
<br /> ' binde all parties heteto,their hews.legatees.dehseee,personat representatrvee,auccessors and ase�gne.The term'Benehc�ary'shall mean the owner
<br /> i
<br /> and ho�der of the Noto,whether or no1 named ae Beneficiary herein.
<br /> • � � 20. JOINT AND SEVERAL LIABILITY.All covenants end agreementa of Trustor ahaN be�oint and severnl.
<br /> 21, gEVERABILiTY.In the event any one or more ot the prowaions tontamed m th�s Deed of Trust,or the Note or any other seeunly metrument
<br /> � gaen tn connection wdh thre hanencAo�ahalllar any reason be hetd to be mval�d,illega�or unentorceabie in nny reepeet,such�nvai�ddy,dlegnlRy,or
<br /> + • unenforceabURy sheN,at the optbn of Beneficiary,not aHoct nny other prov�ean o}this Oeed ot Trust,but th�s Deod ot Trust ehell be construad es�f
<br /> ` � ' such invn�ld,111oga1.or unentorceabie prowean had never been contamed here�n or therem.it the t�en of th�a Deed of Truet�a u�vald or unentorcoable
<br /> � ' � na to any part of Ihe debt,or d the twn�e+nvalid or unentorceabla ds to any part ot tho Proportyr,tho unseeuted or pert�ally secur_a!pnrtion ot the d!+bt
<br /> ' i ;� ahail be comptetety peid pnor to the pnyment n}the remnmmg and aecured or part�nly aeeured port�on ot the debt,and a�l pnymente made on the debt.
<br /> whether volunU+ry or under torecioauro or other enforeement actan or procedure,aheM be tona�dered to have been firet paid on and epplied to the tuil
<br /> . payment of thnt poR�on ot the debt which n not sFtcured or not tully eecured by the I�en nf H+�s Oeed ot Trust.
<br /> � 22. NUMBER AND GENOER.Whenever used herem.tha smgu�ar number ahell mclude the plural,end tho uae ot nny gendor ahell be appi�ceble
<br /> . i
<br /> to ell gendero.
<br /> � ORIGiNAL q)
<br /> oon z�
<br /> �� eon��tiva�s►s BORROW6R COPY(1) ,
<br /> RHTENTION COPY(7) �
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