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<br /> _: ��,��,,� � d. 'i'ho�enettc�ary. or ita rgent�,aro au�hoflztd to entcr M any rcaaanablc Hmo upon or in nny�part� o�fEu��p�woporiy tor Iha
<br /> — -_.____-- psarpo�e o!In:pacting��ame and far tho purpoto of pcntorn�Jn��rty of tho ncn thFy ero�uthorli.M ta�perforcn undcr tho tcpnu ot
<br /> �ny la►n instamenu oxa�►tod by Trurtan.
<br /> - f. If�II or�ny put ot the property ar u�y intcrost ot Tnuton i�cotd,irea�ter�od or fimher ancumborad wltt�out tho written
<br /> conwnt of It�e&nMici�ry,tta Bonellctary may docUtro a!l�uma tocural by thl�Tnt�t T1aad to bo fmtnodi�toly duo and pAyAb�O�uu!
<br /> _- — - --- praoo�,�d to ttie renx�lea arailablo to It un.dcr tho ctef�ult provfefon�cantalncd licreln. — -
<br /> ' 20. Aay of tka follmving evcnte at�ll bc drmed an cvcm of�efnult h�re��rtt�er:
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<br /> �. Tcuston�haU hava failod to mako paymcnt ot any installmont of princlpal or inter+cst Qr any othcr ams�acured harehy wt►m
<br /> _� — duo;
<br /> _, -� b. 'There 4as oavrrad a breash of or defeult under any term, oovenant, agnxmont, condition, prov��lon, rcpresentation or
<br /> vv�nanty oontain�d!n this Dced�f Trust,thc rtote or any othcr loaA instrumcnt�ocurcd hor�by;
<br /> . c. There has ban a default by tho Trustors in tbc paymeat oF any pdor or subscqaent Uen or encumb�aace!a respect to all or auy _
<br /> pazt of the pmperty�, �-_-__
<br /> � d. Tn�sWrs shalt file a voluntary peti�on in bankruptcy or shall be ac�udIcated banlaupt or iasolvent, or shaU malce an
<br /> � � '� assigmncnt for the beneRt of cndiwrs ia respect to tbe properiy;or an acti�n to enforoe nny llea ar ancumbranoo or judgments -
<br /> ac
<br /> �r,t�!+ ��,t��;:; .�' agaiast the property is oomu�enced
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<br /> `'�'�'' li. In the event of any default,the Beneficiary may deciar�e all indebtedaess secured hereby w be dua end payable az►d the same
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<br /> ��'�„'� �i��� � shall thereu n become due and le without resenunent,demand protest or aotice of auy kiad Thereaftcr.the Beaeflc
<br /> ,'�'�:• �� Po PaY� �►Y P iaq'
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<br /> �Rit':;,�:5.(:,: .'fir.-tie� �,:
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<br /> `" : r; � 'r� �r. �. either i� rson or
<br /> '`"� �� `'�"� ����� �� pe by agent, wiW or without bringing any acUan or proceeding,nr by rooeiver appointed by a court and
<br /> � '� "�---�� � wlthout regard to the adequary of any secvnry,enter upon end take posse�on of the property,or Fwy pan thereof.in i�s own r___.-_ —
<br /> �~;" ° name or in the neme of the Trustee, and do any acts w�ich it deems nc�essary and desirable to preserve the value, ----
<br /> marketability or rentability of the property.or part thereof,or interest therein,increase the income therefmm or protect thc �__
<br /> securlry hereof and,wlthout taking possession of the pmperty,sue for or otherwise collect the rents,fssues and pro8ts thereof, f"�`-_
<br /> ; '.. , � � including those past due and ur►paid, and apply the same, less casts aad expenses of operatlon and oollectioa, iacluding
<br /> �i�'�
<br /> , attorney fces,upon any indebtedness secured hereby,all in such order as the Beaeficiary may detemiine. The enteriag upon �--
<br /> }���° • and taking possessIon of the tcust estate,the coUection of such rents, issues and pr�ts and appUcation thereof as aforesald �--"MT
<br /> , � s�aU not cure or waive any default or notfce of default hereunder or iavalidate a�ry act and in response to such default or �+'�`
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<br /> pursuant to such notice of default and nohvithstanding the continuance in possession of the property or the wllectioa, receipt �"`-'"
<br /> � and appUcation of renis,issues or profits,Trustce or the Beneficiary may be entided to exercise every dght provided for in any
<br /> � .,Q.��
<br /> ` — � =� - olthe io�an;nsi:umonis or taw u 11 OKUItGIt�UP ifliV CVCiII 3Y t�d�$i1II,inciudin ihe righi to cxercfsc thc �cr af salc; � �
<br />_ bY Po � 3�� �°'Y6T,.,:
<br /> b. wmmence an actj@n to foreclose this Da�d of Trust as a mortgage, appoint a reoeiver,or specific�lly enforce any of the ��..
<br /> . �i: -
<br /> covenants heieof: . �,�;i';�-
<br /> c. deliver w Tnistee a written declaratIon of default and demand!'or sale,and written notice of default and election to cause '�?`��t.:--
<br /> .. Trustors'interc�t ia the property to be sold,which noace Trustec shall cause to be duly�iied for recard in the official records �=�-•,
<br /> . ,..._.._. .. of the county in which the Qroperty is located. �-. :'...-.- _ --
<br /> �� 12. Should the Beneficiary elect to foreclose by exercise of the po�ver of sal�herein contained,the Heneficiary shall notity Tmstcx
<br /> � and shall deposit with Trustce this Deed of Trust and the note and svch receipts and evidence of cxpenditures made and secured . � �"�-
<br /> � hcreby as Trustce may requirc.and upon request of thc Beneficiary,the Trustee shctll causc to be rocorded,published and delivered � - �"�=
<br /> to Tn�stor such Notice of Default and Notice of Sale as then requircd M•la�v and by this Dee� of Tnut Trustee shall without demand ---
<br /> ' ' on Trustor, after such time as may then bc rcquucd by law and:tRor rerordateon of such Not�ce of Default and aRer Notice of Sale � ',-�.�--..---
<br /> ' ' ha�1n�been g�vcn as reqared by�la�ti•, sell thc property at the timc:�nd piacc of salc fixcd b}•�t in such Notice of Sale. either as a �
<br /> , � whole, or in scparate lots or parccls or itcros as Tnistcc shall dccne capcdicnt, and in such order as it may determine,at pubiic ����
<br /> auction ta thc highcst biddcr for cash and shall dclivcr to such purchascr or purchascrs thcrcof a dccd to thc property sold,wnsistent ��'�-
<br /> , with the law then in ef1'ect. Recnals in the Trustce's dc�ed shall be pnma facie evidence of the truth of the statements made therein �
<br /> '1'nutce shall apply the prooceds of thc salc in thc folto���ng ordcr.(a)to aii rca.wnabIc cos�s and expcnsrs of Uie saIe.iu�iwtiug but •- •�
<br /> � , not limited to Tn�stee's fea of not morc than 2%of the gross sale pnce.reasonable attomcy�fees and costs of t�tle evidence;(b)to all �
<br /> sums secured by this Dad of Trust: and (c) the excess, it am•. to the person or persons Iegall}•entitied thereto. My person. , , . '
<br /> including the Heneficiar}•.may purchase s3id propcm•at said salc. Trustce may in the manncr pro�nded by laH•,postpone sale of all I
<br /> or any ponion of thc propcnp. � ,
<br /> . 13. Tnistee and the Benefician•,and each of thcm.shall bc cntitled to enforce pa��ment and pedormance of any mdebtcdncss or �
<br /> , obligauon secured herebti and to cxcrcisc all r�ghts and poHCrs under this Dced of Trust or undcr an}�loan instnuncnt or othcr '
<br /> � � agreemcnt or any laas nor on c�rcallcr cnforccd noi��ithstand�ng son►c or all of thc►ndcbtedncss and obl�g�t�ons sccured hercby �
<br /> a•tuch ma)• noa� on c�rcaftcr bc othcn�isc sccured. �chcthcr b} mortgagc. dccd of trust, plcdgc. licn, assignment or othenvise. j
<br /> Neither the acccptance of this Dccd of Trust nor its enforccmcnt.a•hether b}•rnun action or pursuant to thc po�vcr of sate or other i
<br /> poH•ers hcrein wntained.shatl pre�udice or m an�•manncr alYcct Trustce's or the Bencficiar}•'s right to realize upon or enforce an�•
<br /> . othcr securin•now• on c�rcattcn c�ld by Tnistcc or thc Benefic�an•. it bcing agrecd that Trustec and the Benefic�ary,and each of
<br /> them. shall bc entidcd to cnforcc this Dccd of Tru�1 and an}•othcr sxurin�no«•on c�rcaflen c�ld by thc Bencficiary or Ttustcc in !
<br />� such order au►d mnnner as they may�in the►r absolute discrenon determuic No rcmed�here�n conferced upon or rcse►��� to Trustee
<br /> . or BeneRcian•is intended to bc exclusn•e of ans other remedr here�u or b� law pro�•ided or permitted.but each shali be cumulatn•e
<br /> and shalt bc in adduion to ecen othcr rcmcd� gi�•cn hcrcundcr or no�� on c�rc.�titcr ex�sung at Ia�c or equiq•or by statutc. E��cn
<br /> po«•cr or remcdy si�•cn b�•anc of thc loan �nstruments to Trustec or thc Bcncfician or to��h�ch cuhcr of thcm may bc othcrn•�sc
<br /> 1 entitled ma��bc crcrc�sed.concurrentl��or indcpcndemh. frum umc to unu and as oflcn as rna�•bc dccmcd expcd�cnt b}• Tntstcc or
<br /> Benefictan•.and euhcr uf thcm nw��pursue�nconsistent rcmedies �othu�g herein shaU be constraed as prohibmng the Benefician
<br />-_- -- -�- --- � irom sc.eann�a defuiency�udgment against t nutors io�nc cztenc sucn acnon�s pernuncd'o� ia�r
<br /> . 1�. Trustors hcrcb� rcqucst��rnp��of an}• noticc oC deCault and th:�t am noucc of salc hcrcundcr bc mailcd to Tnistors at thc
<br /> , address set forth in the first p:�ragraph of ih�s Dccd of Trust
<br /> j :� , . IS Thc Benefician•nu��, b��a��nucn uutrumcnc cxccut�and ackno��(cdgcd b� BcnrGcian.mailcd to Trustors and recordcd m
<br /> � �• the Counq• in�vhich the pro{xm•is loc.�ted and b•othenuse complying��ith ihe pro���sioru of the applicable la�v of the State of
<br /> ;, IJebraska.substitutc a successor to thc Trustcc named hctcm or acung hetcundcr
<br /> � 16. This Accd of Tnist applies to and inurcs to thc benetit ot and binds all partus hcmto.thcv hcus.personal rcpresentat��•es.
<br /> sucxssors and assigns. 'fhc tcrm"BencIIc�an•"shall mcan thc oa�ncr:�nd holdcr of thc notc.��hclhcr or nat namcd as Bcncfician
<br /> ' : hcrcm.
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