|
_f.'.l�r'-':ifi:A .RA�{A��""� ..,___ . . � . . . . _.. . ,_
<br /> . � _-��� r� -
<br /> -�T � v�-..�i - T---....-.�.. Y�F .. .. . .
<br /> _. � 'm • _ } , _ _. ._- .�..
<br /> 1
<br /> t• �� . � , �'V'tX''�6'kf .. �, "��"„'"?..`, .. . , _ --
<br /> , , �.. <.;,/�g��t.=>At.p.wc " �Y� -- -- .. --
<br /> . ,. ,
<br /> � ° " '- -_-.... .,
<br /> . rit.,.•r. _ �=--�- .� � -- „— --
<br /> . , ... . � -... _.., _...� .:• .... . ., ._ . ..
<br /> _..�{i�it� �r'+r' • ----_', -.
<br /> �.��_.��• . _ 9�.�, ��i�i 7a�� _
<br /> _ �:,,��
<br /> . � d..,,a.:r'� ... __
<br /> ����. ` �.�.
<br /> ,.
<br /> mort9eps dau�tn lava d Beneficlary snd shatt noi be cancelabte,terminaWe o�modfflable wfthout ten(10)days prbr
<br /> � �� � ��`'' wriltsn notice to Benallciary,Trusta ahell promptiy repatr.matntain,and replece the Tntst Estate or any pan thereo!so that� --
<br /> :�• - =;� . except tor adinery wenr nnd tear.the Truat Estate ehetl not deietionate. In no event shail the TrustAr commR wanie on�
<br /> �� ''- °� `� to th3 Tn�tt Est�o.
<br /> <,. ..:•: ..,_._ -:. _ �_ - — -- —_
<br /> ,.. . . _
<br /> . ,� t£:o:;�'#;Z"
<br /> �• `�r� ���� ` � � ��� 4. ACTIONS AFFECTIN�TRUST E8TATE. T�ustor shall appear in and conisat any actlon or proceedtnp
<br /> , -. � �' purpo�ttna to aflect the secudty hereof or 4he �fghts or pawers af Beneficiary or Trustes,and shall pay e!1 coste and _
<br />'� �r,. . � expenses,indudin�cost o�e�vidence d tide and attomey's fee�.In ar�►such actlon or proceedtnp tn wfiich BeneHciary or --- —
<br /> "' . � Tn�siee may eppear. 8houid Trustor feN to make any payment ar to do ony act as and in the manner provided in any of �`:�•---
<br /> � � . the i.,oen I�t►urr�nte. Be�flclary and/or Trustee.each In fts awm discretton�w(thout obligatton so ta do and wlthout�oitca �y`�-=_- -- �-_
<br /> '" � to or demand upon Tn�ator and wfthout reieasin�Trustor irom arry obliqatlon,may maka or do the same tn such manner �•�
<br /> ti ' and to sucl�extant es etther ma deem necessa ta rotect the secu hereof. Trustor ahall,Immediatel u n demand ��`�`'���-
<br /> !I rY P ►�h' y Po -�.;;�s:=�,.:
<br /> therefor b Berteflc alt costs and ex nses Incuned b BeneNctary(n connectlon with the exerolse b beneNcle ��=�=
<br /> Y �Y,PaY P8 Y y ry •��'..��',r,��_-=-=- --
<br /> �� o/the toregotnp rigMs,IndudUg without Iimltatton costs of evidence of t(Ue,court costs,app�aisats,surveys and attomey's -���::^���b.� __
<br /> fees. Any such costs and expenses not pald within ten(10�days of writte�demand shall draw iMerest at the default rate ��".���—""
<br />__. .. :_.__._. Pravtded in the Note. - �
<br /> . _.�____ �-r_ . � ,� — -- _
<br /> _ .. �� -'.tNrn—i-._.-�.�
<br /> 5. EMINENT DOMAIN. Should the Tn�st Estete,o�any part thereaf or interest therein, be taken or damaged '. -`--�-�--
<br /> by �eason of any publ{c improvemer►t or condemnatlon proceeding, or in any other manner including deed tn lleu of '.�;
<br /> �;.��.._
<br /> . � � Condemnatlon('Ca�demnaUon'). or shoutd Trustor receNe any notice or other Iniormation regarding such proceedtng. ��:f _�
<br /> ,° Tnistor shall give prompt w�tten notice thereof to Beneflciary. Beneficfary shall be eMiUed to alt compensation,awards and , �;���:'"-
<br /> .. .,,.%
<br /> � other payments or reltef thetefor,and shal{be entitled at its option to commence,appear in and prosecute in its own name � , `� �:� :
<br /> any action or proceedings. Beneflctary shall also be entmed to make any compromise or setttement in connection wiih such '`.;,;�„� �
<br /> taking or damsge. All such compensatton, awards, damages, rights of action and proceeds awarded to Tn�stor (the - A' y'`�'"�
<br /> • "Proceeds�are hereby aeslgned to Beneflctary and Trustor agreea to execute such further assignments of the Proceeda as ;�x, �'
<br /> • Beneftctary or Tnist may require. t-�"�
<br /> � '���
<br /> .�'
<br /> - T—�-—,--_�-----=°-- t I Y8$t l na Sa. �tfTtiR€ADV{WC€D. Upan reqttsst af Trustar�Trusloa or Senoticiary st Trustec's opilorr, pdos tQ `
<br /> reca��vayance�the Prqpetty or Trusior may make future advances to Truator. Such future advances,with intereat thereon. �'.�'� .)
<br /> � • shatl be sscured bythls Deed of Truat when evtdenced by promtssory notes atatfng that said notes are secured hereby. :'; }
<br /> .. ;.
<br /> " 6. APPOIMMENT OF SUCCES30R TRUSTEE. Beneflciary may, from time to time, by written tnstrument � ,�,•,� ,
<br /> . executed and acknowledged by Berteflctary, maited to Trustor and Recorded in the County in wh(ch the Trust Estate is �.
<br /> Ixateci and by otherwise compiytng with the provlsions of the appllcabie law of the State of Nebraska substitute a successor ':�r+
<br /> �r�
<br /> or succesoors to the Trustee named herein or acting hereunder. � � ''.-°l'�
<br /> >-
<br /> 7. SUCCESSOR$AND ASSIONS. This Deed of T�ust applles to,inures to the benef(t of and binds all paKies `• �� ;,
<br />_ � . hereto,thetr heirs,legatees,devtsees,personal representatives,successors and essigns. The term"Beneffciary'shall mean `
<br /> '�
<br /> - the owner and holder ot the Note,whether or not nemed as Beneficiary herefn. � � `��
<br /> : 8. INSPECTIONS. Beneflctary, or fts agents, represenlaUves or workmen, are authorized to enter at any �,;;s
<br /> � reaeonabte time upon or in any part of the Trust Estate tor the purpose of Inspecting the same and for the purpose of �
<br /> " pertormtrtg any oi the acts ft is authorized to periorm under the terma of the Loan Instruments. .
<br /> 8. EVENT3 OF�EFAULT. Any of the followtng events shall be deemed an event of defautt hereunder: � �
<br /> ., .
<br /> . I (a) Trustor shall have failed to make payment of any inataliment of interest, principal,or principal and ,
<br /> tr�erest or any other sum secured hereby when due;or
<br /> I
<br /> (b) There has occurred a breach of or default underany term,covenant,agreement,conditlon,provision,
<br /> ,, � representaUon or warranry cantained in any of the Loan Instruments.
<br /> ,.
<br /> ;
<br /> � ' i
<br /> ' I
<br /> ---. _-_- - ..
<br /> • �� .
<br /> . �
<br /> i
<br />- `�
<br /> :�
<br /> ' r
<br /> ( , •
<br /> �
<br /> i
<br /> .
<br />
|