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<br /> 11,Aee�NntkA Ilrn Q�HwM1 Rewts/�tt�• Upos default by Trustor(n the payment of or performance of the terms and conditlons of _____ __
<br /> �'�`� ������� the Nofe,or any renewats,modffications or sxtension�thereof,ar ths payme�of an�other indebtedness sxured hareby or in the performance
<br /> �`:��'�'*�'=.x��?���� of any of tM converwnts or��emems tnnunda.B�neftciary moy declare all sum�aacured hereb�immediately dw and payabl�and tlw wmo
<br /> �'""'.�"°���'� " �halt thenupon beeome due and payabls without presentment,denand,protest or notfce of any kind.Thereaher,Beneflciary may d�livtr to - -
<br /> •�.=� �����'�' T�ust�a writtm dutarotlon ot defcutt and demand tar sals.Trustee slall hove the power of scla of the Propert�and if 8tneflcfary decides the
<br /> � • • !" �•- Pirop�rt�r ts to be sold it�holl depoait with Trustee this Deed of Trusf and tho Note or notes and any other dauments svideocirp exp�nditures
<br /> '�- �•� .�-• • '` ��= secured hereby,and shal{deiiver to Trustea a writto�nattco ot d�fauit and oltxtion to couse the Proparty to bo soid,artd Trustee, in turn,ehail
<br /> ` �" ' �`�"� �"� ���r. prepore a�imilar notice in the fam repui�ed by law which shall be duy filed for racord by Truste�. c
<br /> '� " �� �� ��' (o)After the lapse ot such time aa may be�equired by law foilowbg the recadatfon of Notke of Defauft,ond Notice oi Oefault and Plotice ot
<br /> -., ? �� • Sole havinp been given as required by low,Trusteo,without demand on Trusta,shoil seil the Praperty(n one or mora parcels and in such order
<br /> "; • os Trustor moy determine on the date and ot the time and place desipnated(n sa(d Notiee of Saie,at publk auction to the hiphest bidder,the pur•
<br /> ` ° - ^ chase price poyoble in cash in Iqwtul money of the United States ot the time ot sole.The person conducting the sale moy,fw any cause he a she —
<br /> � .. deems expedient,postpone tha sale from tima to time umil it shali be eompteted and,in every sueh cose,rtotice of postponement stall be 4iven �-_
<br /> � by publlc declaration thereof b�auch person at the time and ptace lost appointed for the sale,provided,if the sale is postponed fo�longer thon
<br /> � � � one(1)day beyond the day desigr�ted in the Notice of Sale,rtotice thereof ahall be given in the same manner as the origi�rol Notice of Sole. s"--
<br /> /� �� , .. Trustee shall execute and deliver fo the purchaser its Deed conveying the Property so sold,but without ony convenant or warranty,express, or __
<br /> impNed.The�ecitals in the Deed of cny mctters or facts shall be conclusive proof af the truthfulness thereof.Any pe�son, fncluding without _
<br /> �� �� limitation Trustee,may purctase at the sale. �"
<br /> __. _ ° (b).When Trustee sells pursuont to the powers herein,Trostee shall apply the prxeeds of the sale to payment of the costs and expenses of %�=�
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<br /> • °• exercising the power of sale and of the sa�e,includ(ng,whhout limitation,the payment of�rustee's fees incuRed,which Trustee's Fees shdl�oi — ---`
<br /> � in the oggregate exceed the followinp omounts bosed upon the emount secured hereby and remaining unpaid� S percentum on the bahnce �-'�° '
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<br /> � � thereofi and then to the items set forth in subporagraph(c)hereof fn the order therein stated. '.�•�'
<br /> � (c)After paying fhe items specified in subporagraph(b),if the sde is by Trustee,or the proper court and other costs of forecbsure and sale ,.�;
<br /> " if the sale is pwsuant ro judicial foreclosure,the proceeds of sale shall be applied in the order stcted below to fhe poyment of: ,. - _ - ---
<br /> . , (1) Cost of any evldence af title praured in connection with such sale and of any revenue required ro be paidr � . s�
<br /> � ,, (2) Attorneys fees: °' ��
<br /> ' . , (3) All sums then secured hereby, � _�r
<br /> (4) Junior trust deeds,mortgages,or other Ifenholderss and ?��`
<br /> (S) The remainder,if any,to the person or persons legally entitled thereto. '
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<br /> (d) If the 8eneficiery of ihis Deed of Trust is a bank as defined by Ne6roska law,any statemem contained in any other sectkn of this deed
<br /> notwithstanding,the Beneficiary shull not be entitled to receive or toke and debtor shoil not be obligoted to pay or givej any confesslon of�udg• �. , ,, �i :�
<br /> ment,power of attorney to confess judgment,power of ottorney to oppear for a borrower in a judicial praeeding or agreement to pay the costs � '' �
<br /> of collection of the uttomeys'fees,unless such acts of collection vrould not otherwise be prohibited by Nebrasko law.Provided,however,tha� „ ; ,` #� .
<br /> this section does not apply to the Trustee fee referred to in paragraph 6 lb). Provided further,thdt this poragraph shall not apply to this Deed of • .,
<br /> Trust,if the Beneficiary is not a bank. . �` �;
<br /> 12. Add(tionai Sew�Instrument�.Trustor,at its expense,wili execute and deiiver to tha Beneficiary,promptly upon demand, such sewri• Y'�� i
<br />_ ty instruments as may be required by Beneficiary,in form and subctance satisfactary to Beneficiary,eovering any of the Property eonveyed by
<br /> �, this Oeed of Trust,whith security instruments shall be odditional security for Trustor's faithfd performance of all of the terms,covenonts and �''`" '
<br /> a��� conditions of this Deed of Trust,the promissory notes secured herab�,and any other security inst�uments executed in connection with this trun• `
<br /> .'� saction.Such instruments shcll be recorded or filed ot Trustor's expense. � . +' t :�1;�
<br /> 13. AppoiMmeM of Sueeessor Tru�tee. Beneficiory may, from time to time, by a w�itten instrument exetuted and atknowledged by f �%�
<br /> Beneficieryr,rtwiled to Trusta and recorded in the county or counties in whict�the Property is laoted and by otherwise complying with the provi• • ��"
<br /> , sions of the applicable taws of the Stote of Nebraska,substitute a successor or successors to the Trustee named herein or acting hereunder. • � -
<br /> 14. IntpetHont.Beneficiary,or its agents,representatives or workmen, are outhori:ed to enter at any rBasonable time upon o�in any port �
<br /> of the Property for the purpose of inspecting the same and for the purpose of performing any of the•acts it is authroized to perform under the "
<br /> terms of the Deed of Trust. •.
<br /> 15. Opfton to kreelose.Upon the occurrence of any default hereunder, Beneficiary sholl lave the option to foreclose this Deed of Trust in
<br /> the manner provided by law for the faeclosure of mortgoges an reol property.
<br /> � 16. Forebearance by Benaftdary Not o Waiver.Any forebearance by Beneficiary in exercising any right or remedy hereunder,or otherwise i
<br /> offorded by applicable luw,sh�ll not be a woiver of or preclude the exercise of ony such right or remedy.likewise,the waiver by Beneficiay of ;
<br /> • any default of irustor under this Deed of Trust shall not be deemed to be o waiver of any other or similor defoults subsequently occurring. !
<br /> 17. Ttusbr Not Raleotvd. Eztension of the time for payment a modifitation or amortization of the sums secured by this Deed of Trust i
<br /> granted by Beneficiary to any successor in interest of Trustor shull not operate to releose,in any monner,the liabi�ity of the originat Trusta and �
<br /> ' Trustor's successor in interest.Beneficiary shall not be required to commence proceedings against such successor or refuse to extend time for '
<br /> ' � payment or otherwise modify amortizotion of the sums secured by this Deed of Trust by reason of any demond mode by the original Trustor ond '
<br /> " � Trustor's successorininterest. �
<br /> 18. Benefidnry's Powert.Without offecting the liability of the Trusta or ony other persan liab�e for the poymont of any obligation herein �
<br /> � menfioned,and wiShout affetting the lien or charge of this Oeed of Trust upon ony portian of rhe Property not then or theretofore released os
<br /> ' security fa ihe full amount of all unpoid obligations,Beneficiory moy.from time to time and w�thout notice. (i)releose ony persan so Iiable.(iil
<br /> extend the moturity or alter ony of the terms of any such obligatans, liii)grant other indulgences, liv) releose or reconvey,or cause to be
<br /> reteosed or reconveyed at any time at Beneficiory's options ony porcel. portion or all of the Property, (v►take or release any other or odditional
<br /> security for uny obligotion herein mentioned,or(vi)make composit ians or other arrangements with debtors in relation thereto.
<br /> L-" , .. 70 iuMur�Jrrw.� I I.v�n ron..ec1 ni Tr..efn• ?.uefnn nf Tn•emu'e nnfinn nrinr fn rarnnveaannra nf fha Prnnartv tn TrueMr mnv mn4a
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<br /> � future advonces to Trustor.Such future advances, with interest thereon, sholl be secured b�this Trust Oeed when evidenced by promissory
<br /> notes stating that said notes are secured hereby;provided ttwt ot no time shall the secured principol, future advances. not including sums ad-
<br /> . ' vonced to protect the security,exceed an aggregote principal amount of S 70,000.00 .
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<br /> � : 5� 20. Rotonre�ateo bY Tntnoe.Upon written request of Beneficiory stating that all sums secured hereby hove been paid,and upon surrender
<br /> of this Deed of Trust and the Note to Trustee for cancelletion ond retention and upon poyment by Trustor of Trustee's fees.Trustee sholl
<br /> � � reconvey to Trustor, or the person or persons legolly entitled thereto, without worronty,any portion of the Property then held hereunder.The
<br /> ` recitols in such reconveyance of any motters or facts sholl be tonclusive proof of the truthfulness thereof.The grantee in ony reconveyance moy
<br /> � �' be destribed os"the person or persons legally entitled thereto".
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