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<br /> • a.�;;,s,>;}�,?, of the pioperty for the
<br /> e. The 8eneficituy.ot ita agents,are authorized to enter at any reasonnble dme upon or iA nny part � _ �
<br /> � . . pus�wsc of inspectinn the same and for tha pe3rpose of pedorrnicig anY af tho s►cta they are authori�xd to perform under the terms of �r`�'r,}f^(:; _N=
<br /> - any loan instmmonts exec�ncd bY Trustors. � ,�„�s _ .
<br /> . 9. If all or any paA of the properiY or any interest of Truscors is sold,ir�nsfencd or furt her oncumbereQ withoul the wrinen �„�
<br /> dcslare al!snms secured by thls Tnist Deed to b.:immedistely due su�d payable and �r��s_
<br /> . - - - -- - msent of the Beneficiary,the Bcneliciary maY �`-�-�,.-- —=--.-
<br /> co .. ., ,•;�,
<br /> 5 i.I'[-__.—
<br /> proceed to th�remedies availab2e to Ii ander the default prnvisions contaia�d herein. . ._l_�.~,__
<br /> 1l0. Any of thc following c.wents shall be deemod an event of default hereunder: -���ie;--=s:,�-�- ,
<br /> " � ' � a. Tn�stors shall have failed to makc pay�ment of auy instaliment of principal or interest or any other sutns scxvred hereby when k�,;,;�-
<br /> -��'--
<br /> due: . a'?.°.�^._
<br /> b. There has occuned a breach of or default under airy term. cavenant, ageement, condition, ptm�isian, reptesentation or _ ,',
<br /> warraaty contained in this De�d of Tn�st.ttie note or airy other loa T o subs�uent�lien or e�ncumhrancc in res�ect to all or any -- ._ �.,�.::y:•t��.-'
<br /> c. There has becn a default by the Tnistors in the payment of any p '�
<br /> part of the propenY: . , . _
<br /> d. Ttustors shall file a voluntary petitnon in bankn►FicY or sha.tl be adjudicated bankni�t or insolven� or stial! make an ••--�• �
<br /> assogt►cneut for the Is�uefit of cre�ti¢ors nn respecc Eo tk2 prape�e�r:or an action to enforce aan���en o�encumbra�ece QII ZtndgmeII:u :` � � �' .F�.�M
<br /> ag�ius�¢I�Qro�erty ns conuaenc� '�� ,•,�'";.::.
<br /> B 9. In the er•eae of a�m dcfan�t,the BSne�nc� mao declaIIe all indebtedness sacweo�hee¢b�ao be dlue 2�cTd��yakte am,�nt�:sa¢�ee- " " � . _,.
<br /> able�ntIIoout an}•presrncanent.�emand Protest oA ttauce o€am}�ki¢nd 'Il'krr�tea�ter.tk�Scu2�cta¢y !'' �' . _.�,y,�,:: .
<br /> st�aU thereuporn�comze dir ansl pa} . .a-.-
<br /> � �ay: °,';;;�_.
<br /> , . '�• a. either in persmn or in agent. ��itlh on��ithout bringing an)'action or proceeding, or ba ueceiver appointed by a oDUm amd -
<br /> •• c�,_.
<br /> ..',��_
<br /> " ��ithout rcgard to th����5"of any secunt�'.ta�zer upon and take possession of the progerty. or am part thereof,in iYS own �_v _-
<br /> name or ►n the nas�►� of the Tnutce.and ¢Yc� an�• acts Which it deems mecessarY and �irable t� �russeive the value. �_,�Y;�__
<br /> marketabiliri�or rentabilin of the pr��aer��'•or�sa tfiereoi or interest therean.incmase the inoome theff�c�om or pmtect the :;„��e=^i:«
<br /> � ::;�+:���:�._
<br /> securin hereof and.�vitbout tak�ag�ssession oS t1u paop�ra}.{�for or othen�•ise collect the rents.issues and profits t9eereof. ,'Y,�v`��:
<br /> includ�ng those past due a�id unp���l•and ap��c the same. lcss costs ac►d expenses of a�xrauon and coUoction, emc�l�sding ,�_� _
<br /> i
<br /> i ,.'}�,;�..�J��� �.�
<br /> �� attorney fees.upon any indebtedness secured hercin�,all m sich order as the Benefic�an•mna}�determine. The entecn��upon , �,,,,: �..� � •�,
<br /> ' and taking possession of the wst estate. the�oliection of such rents. issues and profits and application thereof as af�resaid
<br /> :::r•SJ�
<br /> �.t�r::_= -
<br /> shall not cure or�vai�•e any default or nouce of default hereunder or invalidate any act and in r�ponsa to such default or i `}r,�� Y�,
<br /> � pursvant to such notice of default and notwithstanding the continuancc in p�ssession of t�►e property or nhc collecUO�.receipt �� , {�
<br /> �� plication of rents.issues or profits.TnGStee or the Senetician•ma}'be entitled to ex�ersise every ng6oa provided for in any �;:,�,,�.��`fc';,�;;�� `
<br /> P
<br /> of the loan instruments or by law�upon accurnnce of am�e��en1 of default.including the ragf�t to exercise the power of sale: `.���� ;��! 1 tir +��
<br /> b. oommence an action to fore�lose this Uced o�a cu�i ai d �'�3rtgagC. spgoin! a rcrciver or cpecifacal3� enforce anY of the , rY ii .
<br /> •--%c., � •. i..:
<br /> co�•cnants hcreof:
<br /> ,�� .
<br /> c deli�•er to Trustoe a���tten decf�iralion of default and deman�l for sale. and�ti�ntten notice of default and election to cause ,,, '};,;� '� ';,,�,` �
<br /> ,:; r„',, i. 'r
<br /> � `, Trnstors�nterest in the propem�to be sold�chich nouce Tnis►ee shall cause to be duly fi�cd fot record in the offtctal records ,..;;1�;..,.
<br /> '�� �� of thc counti•in�chich thc propem is loca ..•' ' ;';�; ``�.•�`
<br /> 12. Should the Benefician elect to foreclose b�•exercise of tlie po��er of sale herein conta�ned.th�Benefician�shall notify Tn�stee "•v�" • Q '
<br /> Iand shall deposit With Trustee this Deed of Trust and the note and such reccipts and e�•idence of e�pendi�wes made and s�xured `��` � .i,,;� ��''r�'
<br /> '��` heretn�as Trustcx ma� rcquirc.and upon requcst oC the Hec►cfi��an. thc Trustcc shall causc to lse re�orded.published and dclivered .;:�y r._�
<br /> ,•.�. � ' •r•�:..
<br /> to Tnutor such Notice of DefaWt and Nonce of Sale as then requircd b� la��and b>�th�s DeecD off 3'rus�.Tn�stec shall��ithout demand :;,,I f 1 Y
<br /> on Tn�stor,aRcr such time as ma} tiien be �«lu�ro�bm'at�thc�t�mc and place�of sate fi�ed b��ii mDuch�N uce of S c�either as a l: • . � i���
<br /> � having boen gi�•en as reqwred b��taw. sell thc p pe
<br /> '� i�-.:;�,
<br /> ���hole. or in separate lois er parcels or items as Tnutee shall deem expodient. and in such order as it mac determine. at public .(1 -c=•
<br /> auction to t�n�highest bir��ler for cash and shall deli�•er to such purchaser or purchasers thereof a deed to the propem sold cor�sistent ;, .�,'4�,y�' ,�,;���
<br /> ���.,' ' wtth the ia�� •,hen in effecl. Recitals in the Tn�stee's deed shaU tx p.ama fac�e evidence of the e�»h of the statemenis made therein. • I,1,.:.•.•I,`,+ _
<br /> •..r; , ,�., :.;.:;:. ..
<br /> �� Truscee shall appl� the procecds of the sale�n tlie follo���ng ordcr 4��to all reasonable costs a:tst e�penses of d►e sale. �ncluding but � s,`::•: :,; :
<br /> not 1►mitai to Trustee'+tces of not mom than?"���of the gross sak pri:c. rcasonable attorne��lees and costs of utle e�'idence:(b)to all � • 't,;�,;•,,�
<br /> r,,,.,,, .,;•<;,
<br /> i , �.'-'
<br /> sums savred b� tius Decd of Trust. and (c) thc cx.�ss. d:ui�. to thc person or persons icgafh• cntillcu thereto. My' person• . `;;S`.''." ' `'•,,.Y"_
<br /> .r,�,,,,, �,F1'
<br /> including the Benefic�an.ma} Purchase sa�d propem at s:sid sale Trustee ma) in the manner pro�•�ded tn la�+.postpone sale of all , ��. .
<br /> oi am portion of thc properq ' , ��' '�.� � ..
<br /> !3 Tre�stcr and ihc Beneficiar�.and cach of thcm.shall bc cm�iled to c«torcc pa�ment ard pc�7ormancc of am mdebtedness or ;
<br /> ..;r�,;,
<br /> obligation sccumd hcrcbF and to c�crc►sc ali nghts and po��crs uudct th�s Dccd of Trust eQ �m�er am} Iaan instrumcnt or othcr
<br /> agteement or an�� la�+s nor or hereaiter enforced not��ithstand�ng some or a!1 ofi the indebt�dn��ss and e'h;igations secured hereb�
<br /> �••!?• • w�hich ma}� no�� on c�reafter bc othcr�»sc securcd. ��hcthcr b� mongagc. dc�� of trust. pledgc. Ucn. assignmcnt or othencise
<br /> ' � Neither the acceptance of this Deed a�'T=us�nor ns enforcemer.c.�hether b} coun acuon or �iusuant to the po��cr of sale or other '
<br /> ,i`��� . po�ccrs hcrc�n containcd.sliall prc�::�33: at m am manncr a.....c .rastctis or thc Bcncfiaa:• t:�ght to rcaliic upon or cnforcc anc
<br /> .,.; �:R
<br /> othcr sccunr no�� on c�rcaftcr helw r� ?rustcc or thc Ber.:Fiaan. �t bc►n + recd diat Tn:st��:and thc Bencfician•. and cach of
<br /> r�;,�'� thcm. shal{bc cntuicd to cidorcc t9:a>aced of Tr.:;: :ir.� ar.L o'i:�cr�ccunt� no�� on c�r�afun c�id b� thc Bcncfic►ar� or Trustcc in .
<br /> such order and manner as the� ma� u:�ehe�r absolL;�w:<�:eirrr.d:�.rmme tio renzed) h:reut confened upon or reser��ed to Tnutec •
<br /> ''' or Bereefuci.2:� is intended to be evcCezs:��o(am othet r�mecAa Jc�c:sn or b� la�� pro�ided er Rermitted.but each shalt be cumuiauve
<br /> '�'. , and s4ealL fae tn addiuon to e��en otl:"r tmedc gi�ett hereundtr:r no�c or here.after exssna�.�i la»or equtt) or bc stzitute Ecen
<br /> ' poacr or temt� g�e•en b} an} of thc loan mstrumcnts to'frustcc or thc Bert.r�:.:ara or to�aliuh cuhcr of them [n.� 6e othern�sc
<br /> ent�tled ma>bc exer���d-�°n�urrentl}or mdepcadcntl}. from t�mc to time a�d{>often as ctia}be decmed c�pedcent by Ttustee or
<br /> Beneficean and e�tjler of them ma� pursue utconscstcnt remedc.s �ath�n�h�a�cn shaU be construed as prohib�ung the Benefician
<br /> r��m�ne a defic�enc�)adgmene:�ga�cist Trustors to the e�tcnr s,ch acuon�sAperm^tfed b)F^f^��ndrr tre ma�ted to Tnistors at ihe
<br /> 1�{ Ttustots hcrctn ICQUCSI .�CO(J� Of 31l) not�cc oi dciaui� atu+��uu""! ••"•'�" "' """ ""'—"—"
<br /> address sct forth in thc first p:►r�graph of th�s Dced of Trust
<br /> �S 'fhc Bcncfic�an ma�.b�a��rutcn mstrumcnt c�ccutcd and ackno��lcdgcd ln Bcn�fician.►natl��d to Trustors and tccordcd�n
<br /> thc Count� m�.hich the propcn) ►s locatcd and b� othcn�isc �rompl�uiK��t�li nc� pro��s�ons of thc apphcahlc la�� of thc Statc of
<br /> \cbraska.substuutc a succcssor to thc Ttustcc namcd hcrcui or actiug hcrcundcr
<br /> ' 16 Ttus Dccd of Trust:+pp�l�s co and muns to thc bcncfit of au3 btnds:tll pan�cs hcrc�o.thcin c�irs.person:il rcprescnt:+ti��s.
<br /> suc;essors and ass►gns Thc tcnn"Bcncfician"shall mcan thc o��ncr.uid hoidcr of thc notc.��hcthcr or not namrd as Bcncfiaar�
<br /> hcrcin
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