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<br /> . . � ' . • 8. Tho BeneficiAry,or ite agents. ure uuthorizad to enter at any reasonabls time upan or in any part of the propeity for the �_ .,,� _
<br /> " � Putposo of inspecting the same ared for tho piupose of perfom�ing any of the acts they are aut6urized to pedorm uader the temis of _— —
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<br /> ' �--_�. ^ � -„ any loan insttuments executed by Tntstore. ��.�°..-�.-.°
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<br />. • 9. If all or any pa�t of tho praP�r�Y oT su►y Intcrest of Tmstors is sold aaasferred or Ruther encumbered wlthout the tten
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<br />_ v� , r, . � oonsent of tho Heneticiary.the Bencficia�y maY d�larc aU sume securcd b}'this Tn�st Deed to be immc�iately due and payabl6 and �,_-• - -- _
<br />" .4'_ � procced to the remedies avAilable to it under the defautt provisions oontained hcrcin, ��
<br /> {� : . 10. Any of the following eveuts shall be doemod en event of ctefault hercuadec: �.��- - --= - _
<br /> .F ���
<br /> . _ a, Ttuswra shall have faited to ma!!e payment ot any installmcnt of pdncipal or intcrest or any other sums secured herebY when _- � -
<br /> due: wa,��� _
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<br /> . � b. There has oocuaed a breach of or default under any term. oovanan�, agreemen� oondiUon, provision, re�reseatation or `is'-LL_
<br /> , wr�rcanty ooatained In this Deed of Tmst,ttus aote ar a�ry other loan instrument secure�herebY: �°,,._�_:_
<br /> .) . ,_',�C�=~�.._
<br /> c, T6ere�as been a default by the Tn�stors In the paymeat of any priar or subsequent lien or encumbrance in respect W a11 or any ^,.�___,� `---
<br /> • pait of the pmperty: �.,=+�
<br /> • �� � d. Tcustors sha11 Ne a voluntary petidon in bankruptcy or shall be adjudicated banlwpt or insolvent, or shaU make an f �
<br /> � assignment for the beaeflt of cred�tors in respect to the pmperty:or an action to enforce any lien or encumbrance or judgments „��,.. �.�_
<br /> .i_exr;�i�i�;'==
<br /> � ' � _.:� . ,. ggainst the prpperty is eommeoa�d. �
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<br /> � 11. In the cvent of aay default,thc Beneflciary may declere all indebtedness secured herebY to be due and payable and U�e same . .._;�„�;�,��
<br /> - • sball theteupon bemme due and paYable withont any prtsentmer�,demand.protest or notice of any kind. Thereafter,the Benefcciary , ;,;T`;_.
<br /> __ _ . �._....__ me9� s —
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<br /> A. either in person or by agen� with or witl�uul Lrin$ing any actfon or groceeding. er tsy receiver appointed by a oourt and __ : ;�
<br /> uvithout re�ard to thc adequac.y of any secu�iry. cnter upon and take possession of the property,or any part thereof,in its own ;____—
<br /> name or in the name of the Tn�stec, and do any acts whlch it dcems nec�sary and desiruble to preserve the value, t>��r.;;�
<br /> marketability or rentability of the property,ur Pait Q►ereo�:or Interest therein.incmase the income therefrAm or protect the � . :,y z.�•-:
<br /> ssession of the pro sue for or othenvise cellect the mnts.issues and Profits thereof, � -• :s•'''
<br /> secudty hercof and without taking po PertY. ' ••.
<br /> .. includiag those past due and unpaid. and apply the same. less oosts and expenses of operation and collection, Including •.n� `
<br /> � � attomey fecs,upon any indebtedness se�'ured hereby,all in such order as the Beneficlary may determine. The entering upon .. ,��
<br /> c tn�st estate, the coliection of such rents,issues and pmfits and application thereof as aforesaid , .� �.�;
<br /> and taking possession of th :. ::�—
<br /> '• sheU not cure or waive airy default or noticc af default hereunder or invalidate any act and in response to such default or ., ;,..��
<br /> pursuant to such notice of default and notwithstanding thc continuance in possession of the properiy or the collection.receipt • 6�.���,
<br /> _�------ - - and applfcation of r�ms,issues or profits.Tmste�or the Beneticiary may be entitled to exercise every right provided for in any � __- - . �e.�, t _
<br /> � ...�;
<br /> of the loan insuum@nts or b y law upon ocenttence of any event of default,inNuding the righe to exercisc ihe poKer of salr: .,; . �
<br /> b. commence an actioh to foreclose this Deed of Trnst as a mortgage. appoint a receiver,or specifically enforce any af the :. �
<br /> covcnants hcreof: :: �
<br /> c. doliver to Trustee a wrltten declaration of default and demartd for sale.and�vrftten notice of default and election to causc
<br /> Tcustors'intecest in dee pro�rty ta he sold�vtuch notice Trustee shall cause to be duly filed for record in the off'icial revords :.� �
<br /> of the county in which the property is located. t�i�'�
<br /> � 12. Should the Beneficiary elcct to forcclose by cxercisc of the po�ver of sale herein contained.the Beneficiary shall notify Tnutee I Y��
<br /> and shall deposit with Tcustex tl►is Dad af Tnut and the note and such receipts and evidence of expenditures made and secured �
<br /> hereby as Tmstce maY requirc. and upon requcst of the Bcneficiary,thc T►vstec shail causc to be rccorded,published and delivcred ,
<br /> to Tntswr such Nodce of Default and Notice of Sale as then required by la���and by this Deed of Trust.Trustee shall without demand � l..
<br /> ' on Truscor.after such time as may then be required by law and afler recordation of such Notice of Default and after Nodce of Sale j •�
<br /> having been given as required by law,scll thc propecty at the ame and place of sale fi!�cd by it in such Notice of Sale,either as a ( , °:�:_'•
<br /> whole,os in scparatc lots or parcels or items as Trustcx shali decm erpcdicnt,and in such ordcr as it may deternune, at public .��� ;�� �
<br /> auction to ttie highest bidder for cash and shall deiivcr to such purchaser or purchasers thereof a deed to the praperty sold,oonsistent
<br /> wlth the law then in effcxt. Recitais in the Trustee's dccd shai!bc prima facie e��idence of thc tn�th of the statements made therein. i
<br /> Tcustee shall appiy the proceeds of the sale in the fatlowing order:ta)to all re�sonablc costs and e�penses of the sale,including but i .
<br /> not limitod to Tn�stee's fees of not morc tt�an 2'%of thc gross salc pricc.rcasonabte attornc��fccs and costs of title evidenx;(b)to all
<br /> sums s�xtuetl by this Decd of urchasc sa d�r�rn at said sale. tTrustce manin thecma nerCprovidediby�law.epostpon�e salecof all
<br /> including tl�c�eneficiary,may A P �
<br /> or any porcion of thc propert}'.
<br /> 13. Tnutec and thc Bencficiaq•.and cach of ihcm.shall bc cntiticd to enforcc pa)�ment and pedormance of any indebtedness or
<br /> � obligation secnred hereb��and to exercise ali nghts and po��'crs under th►s Decd of Trust or undcr any loan instntment or other
<br /> ' agrcement or any la�vs nor or hercaftcr enforced not�vithstanding somc or all of thc indebtcdness and obligations sccurcd hcrcby�
<br /> which may now on c�rcaficr bc othcnvisc secured.a�hethcr b�• mortgagc, dccd of trust. pled�e. licn, assignment or otl►envisc
<br /> Neithet the acceptance of this Deed of Trust nor its enforcement. «�hether b�•court action or pursuant to the power of sale or other
<br /> powers herein contained.shall pre�udicc or in an�• manner aflect Trustee's or the Beneficiaq�'s nght to realvu upon or enforce am•
<br /> � other secunty now or hereafter held ln• Trustec or the Benefician•. it bcing agreed that T�ustce und the Bencficiary.and each of
<br /> them,shall bc entiQcd to cnforce this Decd of Trust and an}•othcr sccurin• no��'ot hcrcaftcr held b��the BcneBciary or Tmstec in
<br /> such order and manncr as thcy may in thcir absdutc discrction dctcrminc. No remed}�hcrein confcrn;d upon or reserved to Trustec
<br /> or Beneficiary is intended to bc cxc{usi�•c of arn�othcr rcmcdy hcrcin or b�•la�� pro�•idcd or permitted.but cach shali be cumulat��•c
<br /> and shall be in addition to e�•en• othcr rcmcd�•gi�•en hcreundcr or no���on c�rcailcr cxisttng at law•or cquih•or l»�statute. E�•en•
<br /> . po�vcr or remah• givcn b}•an�•of thc loan instrumcnts to Trustcc or thc Bcnefician• or to���hich cuhcr of thcm ma��bc othcrn�isc
<br /> entitled may bc cxerciscd.rnncurrcnth•or indcpcndcntl�•.from timc to timc and as o}tcn as ma�•be dccmed c�pcdient by Trustcc or
<br /> � , __.,..:.,..._..i'�hnm...�.•���T����inconsistcnt rcmcdics.Nothing hercin shall bc construcd as pmhibiting thc Bcncfician•
<br /> '- -"" DCIICAN1fl).Mw�.�u.r. ......�.....__: r---�_
<br /> � � from seEking a deticienc�•judgment against Trustors to the extent such acuon is pern�itted b��laa�
<br /> 14. Trustors hcrcby rcqucst a wp>�of any� ndtcc of dctault and th:it am•noticc of saic hcrcundcr bc mailed to Tn►stors at thc
<br /> address set forth in the first paragraph of th�s Dad of Trust.
<br /> • � � IS. The Benefician•ma�•.t»•a��•ntten instrument executed and ackno«ledged b} Beneficia»�,mailed to 7'ruscors and recorded in
<br /> , thc County in wtuch thc properh��s locatcd and b�•othcnti�sc compl�•�ng��ith thc prorisions of thc applicablc la�c of the Statc of
<br /> • Nebraska.aubstitutc a sucxssor to thc Trustcc namcd hcrctn or acttng hcrcundcr
<br /> � 16. This Dced of Ttust applics to and inura to thc bcnefit of and binds all parttes hcrcto.thetn c�us. personal rcpresentati�•cs.
<br /> suceessorsand assigns. 'fhe term"Benefician'shall mean the oaner and holder of the note.��hether or not named as Benefician
<br /> " hcrcin.
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