|
—�i`? __� �M�3• . .
<br /> . � '' - —
<br /> �' � .:k+�M�� �lcF4�tr.., - . '
<br /> : .• .. . .. . . � .,
<br /> .,'t`r11� . .' ' K.,, •'. , . . __�...._._—.. _ ..-.
<br /> ...���_. �'�YY�r� • J. • . . .
<br /> _ . • • 4 1'0�44'�' .
<br /> � � ' � 9 ° �
<br /> �`�_--- (e) The eale, tzanefer, aesi.qnment, oanvey-
<br /> ��� anae or furthez enaumbranae of a11 o�c aay part ag or
<br /> � any inter�aet iu the Property, either voluatarily or
<br /> '�"-" fnvoluntarily, Uithout the c-�cprese t�ritten consent of
<br /> � Lender.
<br /> :. ,�
<br /> :;tsi .
<br /> „ �`Y'"= �}.;'�;��''' 11. Remadies Aaaeleratioa U on De£ault. In the event
<br /> �.F:.•'; ! • •'.4n�C:��i
<br /> � >, of any Event o Defau t, Lendor may, w out nat ce, exaept as
<br /> ��, �� �� ��� ? requtired by law, declare all indebte�ltteas secure8 hereby to be
<br /> '�"'� � �`� "� � '�� due and payable aad the earne shall thereupon beaome due and =_ _ _ _ _ _
<br /> ��`. "'� � � t�i a able withoufi an rese�tine�t demand, protest or notice of any
<br /> ��:,�,�,. ... P Y Y P � —.
<br /> � , kind. Thereafter, Lender mays
<br /> .� •� � —
<br /> � (a) Demand that Trustee exeraise the POWER -____ _
<br /> '� " ��� . � .. OF 3ALE granted herein, and Truskee ehall thereafter �=�-
<br /> � � '�. canse Borrower's interest in the Property to be sold �_-
<br /> r �,. .. .. -'...• fa�\TQ�n-
<br /> � T_�,__.�_.=._ and the proaeeds to be distributed, all iia the manner �--.w - _-�
<br /> f provided in the Nebraska Truet Deeds Act= `''���' ���-
<br /> r�T :t_.
<br /> ..�,;;: --
<br /> ,,;•_.
<br /> <<� tb) Exerciae any and all rights provided for . . f�' ���
<br /> in any of the Zoan inatrumenta or by law upon ocaur- � �• �-
<br /> � renae ot any Event of De£aultj and . °
<br /> `iri -
<br /> � (c) Commence an action to foreclose this r.,,,::�`
<br /> Deed of Trust as a mortgage, appoint a receiver, or � �
<br /> ,, � �� apecifically er�Eorce any of the covenants hereof.
<br /> M ��
<br /> � , _.�-
<br /> - - ---, Na r�medy herein ocnferrad upan ar rasarved to Trustee or I,end�r _
<br /> is intended to be exclusive of any other remedy herein in the ' _____
<br /> Loan Instruments or by law provided or permitted, but each shall - .�
<br /> be cumulative, shall be in addition to every other remedy given • ..
<br /> hereunder 3n the Loan Instruments or now or hereafter existing at ;� _--
<br /> law ar in equity or by statute, and may be exercised concur• ; ---
<br /> - rently, independently or successively. � , ;�,��.
<br /> . 12. Trustee. The Trustee may resiqn at any time with- � �r
<br /> out cause, and Le�n er may at any time and without cause appoiat a � � .�:_
<br /> � successor or substitute Trustee. Trustee shall not be liable to ! . °`• ''
<br /> ��i t _
<br /> ' any party, including, without limitation, Lender, Borrower or any ! �=��
<br /> '�"_,_,,
<br /> purchaser of the Property, for any loss or damaqe unless due to ; r,�
<br /> reckless or willful misconduct, and shall not be required to tahe ; � ����:
<br /> any ac�ion in connection with the enforcement of this Deed of
<br /> ~ '' Trust unless irtdemnified, in writing, for all costs, cdmpensation � ,
<br /> or expenses which may be assaciated therewith. In addition, .. .
<br /> Trustee may become a purchaser at any sale of the Property '. ��
<br /> (judicia]. or under the power of sale granted herein) t postpone �'� �
<br /> the oale of all or any portion of the Property, as provided by
<br /> law= or sell the Property as a whole, or in separate parcels or
<br /> lots.
<br /> 13. Fees and Ex enses. In t•he event Txustee sells the �
<br /> Property by exere se of power of sale, Trustee shall be entitlQd
<br /> to apply any sale proceeds first to payment of all costs and
<br /> expenses of exercising power of sale, including aIl Trustee's
<br /> � fees actually incurred. In the event Borrower exercises any
<br /> right provided by law to cure an Event of Default, Lender shall
<br /> � be ent3t7.ed to recover from Borrower all costs and expenses
<br /> actually incurred as a result of Borrower's default, including,
<br /> without limitation, all Trustee•s and attorney's fees, in the
<br /> maximum amount allowed by law. In addition, in the event of each
<br /> - such cure, Lender shall be �ntitled to a reinstatement fee of One
<br /> . tt�+nArc+A anA N�i�nn Dn]1 ara (�1 n0_001 _
<br /> � L � r I4. Future Advances. Upon request of Borrower, Lender
<br /> may, at its opt ion, ma ke a d dit iona l an d fu ture g dva��c:as a��u
<br /> re-advances to Borrower. Such advances and readvanc�s, with
<br /> � ;* interest thereon. shall be secured by this Deed of Trust. At no
<br /> � ; time shall the principal amQUnt of the indebtedness secured by
<br /> �� thi� beed of 2•rust, not includinq sums advanced to protect the
<br /> , security of thfs Deed of Trust, exceed the original principal
<br /> � amount stated herefn.
<br /> -5- �
<br /> , -
<br />
|