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<br /> ...._�,:P;�:� 11.Aao1KMMw dMe�0�l�ttt R��lla�f�M. Upa�d�tauM b�Trusta En th�paymant oi or performanc�of the t�rms a�cl cor�ditions ot
<br /> —_ = tM Not�,or any r�wais,modificat6on+or�xt�nsioes tfi�nof,a tM p�ymMt of er�otl�er t�d�bt�ss�ec�d Mr�by a in tM p�rtamxxu�
<br /> — _. of inep of the aanvNtm►ts or parwsrwnts Mr�f,Benafkiory may d�eion all sums satured hKeby Inantdio4�'.y duo an�payabl�aid the some
<br /> ��""°"`�"""� sholi tMreupon Otcome due�xid payc�wRhout present+nQnt,dm'�and,praUst or nattce of eny kind.fMnaft�r,Qtnefitiary moy deilver to ° ---
<br /> '"°�'�'°��°' Trust�e a rnritt�n declaration ot dsfauft and G�mond far sale.Yruatee shall havs th�powar of sots of the P►aperty arod if Bt,nofEciary decides tha
<br /> a. ,� ,_.r�_,,�. praparty ia to be sotd it sholt depoait w(th Trosta�this Deed of Trust and the Nate or mtos and any att�doeumin4�e�idMStnp exp�nditures
<br /> —��'.-i-.. .`'r'' ��rcd h_rcby,ett9 sh¢t)dtiiver tn Trust�e a written notice of defauh Qnd elettton to taose the Property!o be sold,aad Trustee,in turn,shall
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<br /> �=_�—�--- pap�are a similas notice in the fam required by law which sMll be duly filed for�ecord by Trustea.
<br /> �'"�'r' (a)After the lopse of such time as map be�equired bY low followirg the recordatlon of Notite of Default,and Notice af DefauN and Plottca of ---
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<br /> �,��;���. Safe iwving 6een giren as res�ui�ed by taw.Ttustea,rlithout d9nmred on Trvstor,ahall sell tlrs Progerty in orts or mare parce�s and in such order �_
<br /> " as Trustor may determine on the date and at tho ti�rte and plae designated In sflid Notiee of Sale,at pubfie nuetion to the highest biddo�,the pur• ���
<br /> chase priee Qayable in cash in lawfui�siey of t4�e Sbnitr�States at the timo of mle.ihe person can�uctirtg the sale may,for any cx�Q he or sho ---_
<br /> " • ' � "� � �ems ex�xdieat.g�ast�oTe tha sa'e$QCm 8ims�40 4tuTw c�EU it s{twd bo ccare��e4e�artd.ic��cery s�s�casc3.Ratice of postpo�ce�rx:�s s@u�S�Q¢giren �~--
<br /> ",'' _.�.:t��' -:.�, bV Public det!¢�ati�a th�peof by saceh�rs@n m4 tha 4i�a a�{�4$se Cas4��Et�es9 4ar 4Lte sd�a:�OVide�.ig 44�sate�S p���9 far f.¢�2r st�a�e► ��_.
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<br /> " ��:��'•}+�' �' '���% '3'�lSQ�sh�N exec�4e��od dxlirer 40 4�a�u4s.Err�ser d4s bee�S sa�vEym��'��Prcgae�s�so�.�;.�2�r'stn;.�4 t�i�comr�nar�or vraamre�y.o�cgress,or :��,
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<br /> ,i:,��k�:;;>,,r�s�;i�t�t� itnp93�tl.'dk�a�citals in 4��of e�ay rieatt�rs o�fozfia shm0i ba so,�t�usive p�¢of o41he ta�4C�9uhtess thereoff.Any persen.ireclnding without �°—-
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<br /> • (b).11�en Trustee setts pulsuam to tha powers herein,TNStee shnit apply the proceads of the sale to payment of the costs and expenses of ---
<br /> exercising the power of sate and of the sale,includi�g,without limitation,the payment of Trustee's Fees incu►red,which Trustee's feas sholl not �� -
<br /> in Me oggregate exceed the following amounts boaed upon the amount secured hereby and remaining unpoid� S parcentum on the Iwimxe �_,;_,_
<br /> � thereof:and then to the items set forth in subparograph(c)hereof in the order therein stated.
<br /> � (c)Afte►paying the items apecifled in subparagraph(b),if the scie is by Trustee,or the proper court arHl other costs of forectosure ond sole �: -
<br /> , � if the sale is pursuant to iuditiol foreclowre,the praeeds of sale sholl be opplied in the o�der atated below to the payment of� '"
<br /> ` (1) Cost ot arnr o�idence of tltle praured In connection with such sale and ot ony revenue required to be paidi
<br /> • (2) Attorneys iees, —
<br /> ° . t3) All sums then secvred hereby, —�`
<br /> (4) Junior trust deeda,mongoges,or other lienhoidert,and — �
<br /> tS) The romainder,if any,ro the person or porsons Ieg�U�entitled thereto. �"-.
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<br /> (d) If the Beneflciary of this Deed of Trust is o bank aa defined by Nebraska law,any statement corrtainad in any other section of this desd �•�s,r:
<br /> notwithstanding,the Beneffciary shatl not be entitled to receive or take and debtor shali not be obligoted to{wy or give:omr cortfesston o!judg- �"'=`
<br /> • ment,power of cttomey to cor�fess judgment,power of attomey to appea for a borcower in o judicial praeeding or agreement to pay the costs -�
<br /> of collectlon of the attomeys'fees,unless such octs of collection woutd not otherwise be prohibited by Nebroska�aw.Provided,howerer,that �•�••
<br /> this section does not apply to the Trustee fee referred to in porograph 6(b).Provided further,thut this parogroph sha11 not opply to this Deed of ,.•=.;�
<br /> Tnrst,if the 8eneficiory is not a bank. `���
<br /> 12, AddMiomd Sewrity Instrumentf.7rustor,at its expense,witl ezecute and deliver to the Beneficiury,promptly upon demand,such securi-
<br /> ty instruments as muy be required by Beneficiary, in form ond substonce wtisfactory to Beneficiary,covering any of the Property corneyed by • - -
<br /> this Qeed of Trost,which seturity instruments shall be additionat security for Trustor's faithfut performunce of a11 of the terms,covenaMs und
<br /> conditions of this Oeed of Trust,the pramissory notes secured hereby,and any other security instruments executed in connection with this tran-
<br /> soction.Such instruments shalt be recorded or filed ot Trustor's expense. ,�;
<br /> 13. AppoiMmern o4 Suae�sor Tnatee. Beneficiary moy, from time to time, by a written instrument executed and acknowledged by �`';
<br /> �;�; Berte�ciary,moiled to Trustor and recorded in the county or counties in which the Property is located and by othervvise complying with the provi-
<br /> sans of the appticable lows of the Stpte of Nebrosko,substitute a successor or successors to the Trustee named herein or acting hereunder.
<br /> 14. �nspeetions.Beneficiary,a its agents,representatives or worbcrnen,are outhorized to enter at any reatonabte time upon or in eny part �
<br /> of the Property for the purpose of inspecting the same and for tfie purpose of perforhi(rig n�s�t�}�i��dc1S"(If i�authroized to perform under the '
<br /> � ' terms of the Deed of Trust. . , � . -
<br /> 15. Optton to foreelose.Upon the acurrence of any defaulr hereunder,Beneficiary shall hove the`option'to foreclose this Deed of Trust in
<br /> the munner provided by law for the foreclosure of mortgages on real property.
<br /> 16. Forobsaronee by Beneflciary Wot o Wairer.Any forebearance by Beneficiary in exercising ony right or remedy hereunder,or othervvise ;;,
<br /> �. offorded by appticable law,sholl not be a waiver of or preclude the exercise of any such right or remedy.likewise,the waiver by Beneficiory of ,
<br /> any default of Trustor under this Deed of Trust shall not be deemed to be u waiver of ony other or similor defaults subsequently occurring. '
<br /> 17. Trustor Not Released.Extension of the time for poyment or modifitatian or amortization of the sums secured by this Deed of Trust
<br /> granted by Beneficiary to any successor in interest of Trustor shall rat operate to release, in any manner,the liability of the original Trustor and
<br /> . Trostor's successor in interest.8eneficiory shall not be required to cornmence praeedings aguinst such successor or refuse to extend time for 4�
<br /> , payment or otherwise modify omortization of the sums secured by this Deed of Trust by reoson of ony demand made by the originol Trustor and � /� ''
<br /> � Trustor's successorin interest.
<br /> 18. Benefieiarp'f Powen.Without affetting the linbitity of the Trustor or any otfier person liable for the payment of any obligation herein
<br /> mentioned,and without affeCting the lien or chorge of this Deed of Trust upon any portion of the Property not then or theretofore released us `
<br /> security for the futl amount of all unpnid obligations.Beneficiary may, from time to time and without notice, (i)release any person so Iiable,lii) ;
<br /> extend the moturity or niter any of the terms of any such obligotions,liii)grant other indu�gences, (iv)release or reconvey,or cause to be
<br /> reteosed or reconveyed at uny time nt Beneficiary's options ony parcel, portion or all of the Property, (v)toke or release any other or additional ,
<br /> security for uny obligotion herein mentioned,or(vi)make compositions a other arrangements with debtors in relation thereto. �
<br /> ' � 14. Futuro Advarteea.Upon request of Trustor,Trustee ot Trusree's option,prior to reconveyance of the Property to Trustor, moy make .
<br /> ? future advantes to Trustor. Such future advonces,with interest thereon, shall be setured by th�s Trust UeeC when evitienceti oy promissory
<br /> � notes stating that said notes are secured hereby; provided that at no time shatl rhe secured principal, future advances. not i�cluding sums ad-
<br /> vanced to protect the security,exceed an aggregote principol amount of S. _ .
<br /> 20. Reconveyaneo b�Truttee.Upan r�ritten requesr of Beneficiary stating thnt all sums secured hereby have heen paid,ond upon surrender
<br /> of this Deed of Trust and the R�ote to Trustee for cancelia+�o� and retention and upon pnymer.t bY Trustor of Trustee's fees, Trustee shall
<br /> ' ;!�� recunvey to Trustor,or the p2rson or persons legally entitled there+a, without warranty, anp port�or�f rtie Property fhen held hereunder.The
<br /> � �. ' .�i retituls iro se�ch�econveyante of ony matters ar fatts sholl be conclusive pr�of�f the truthfulrQSS ehereof.Yhe gror.tze in nny rCtonveyance may
<br /> . •"�'`t':' '�.`! be described as"4he person or persons legally entitled fhereto'". �
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