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<br /> `="':'.q"'""-''� po ��Part of tho properlY
<br /> "��.'��;�_�� . 8. The BencflcIary.or its agents,erc�uthorjz�d to enter st any ra�son�ble Ume u n o for the ---
<br /> �-�.��w_.. „ puipose of inspecting Iha same and for the purpose of perfom1ia8 s�Y of the ucts they aro autttorluad ro perlorm�mder tho tcrma of ___________-_.-_.
<br /> , . ; . nny loan inst�me�►ts e�cecuted by Ttustaas. e
<br /> :,:,•':.:�' � 9. If all or eny part af the propetry or cuiy lnterest ot T,c�sto�ia sald,uaistemd or frutlter cncumb�r�d wlthout thc wdttcn :^�---_�.
<br /> . ,. oonsene of tlne Beneilciary.the Bemfidnry m�y d.eclarES aU sums smcured by thia Tn�st Doed to be imniodint:ly dua nnd payablo mtid �,�_,.—___�._
<br /> . .
<br /> ..,, � pr000ed to the remodies availnblo to it under tl�e defiuli pmvtsiona�oatalnod horain, --
<br /> � „ . . 10. My of the folloaing eventa stiaU be deemed aa eveat ef det'autt het+eunder: --�-°
<br /> ., � _-
<br /> _ -c:.:s_�=-=,::_-----
<br /> . , �. Ttustors shall bave failed to make paya►ent of at►y instaUment of principnl ar interest or a�y o�iiet su�tts secur�d ih,r�y w4�cfi r^<;'�-�-_--�T
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<br /> b. There has oaa�rred a breach of or dePaWt under any torm.ao�+cna�►t, u8naemenl, oondidon,pm��islon. repnsentation or .�:_��__.__
<br /> --- - �vam►nry contained in this Deed of Tnwn,the uole o:auy olher loan iustcument secured het�by: �. �
<br /> > c. T'here has been a default by the Tcusrors!r►tl►e PaYment of any p�lor or subsequent li0n or eatc�►m6ranoe in respoet to all or uny �';;�—._-=-
<br /> ,f:a�msu� -
<br /> .. !�,u`t��rat.��.
<br /> part ofthe property; ' ��:;��r:�*�.rs.:�-��-�-
<br /> ° '' � = d. Tn�stors s1�aU filc a vQh�utary �eti or skaq 6e a udicated buNw i or insoivrmt, or ehNl make an `..�, . t,. ::; -
<br /> tlon in bankrupicY t� P -i;;;.;�:,`;-°--
<br /> . assi�r�t�or the De��Ce eff ce�nsurs in respe�t w the propertY: �►Y ��`-�.-
<br /> or an acdon to enforae lien ar encumbraitoe or judgmente ��.�; � `,:;.:�;4,-
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<br /> . ' agai�¢iI�2 gio,�aeDr ns��zt�ll. �' �'��'���-__�
<br /> nIl. IIn t�evem of an�r de�iaon�t,t4ee l��a��iary maY declare all indebiedness sccuned hereby to be due and payable and the same ;�,:,.,��,.�,�_,�=�u�-
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<br /> stna�l ttnereu�pon beoome dan$a�6 payable vnitEeuut any y►ses�nuieent,de�mam�i.pmtest or notice of a�ry kind 1'he�eafter,the Beneficiery �: __
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<br /> a ei�h�rr iu person or isy agcnt,wiR9s er nitBauue�raa�ging aiay a,c�aun ou ga�oeoding. or by reoeiver appointed by a court and �,��----- _ ----
<br /> .. �• , erithaaet regard to tt►e adeqoacy of any security,en¢¢r upon aad ta�¢pcssession of the pmperiy,or any paat thereo&im i4s own ,'
<br /> ' name or in the � of the Trustce, and do aay acts whicla nt d�aeraes a�arY and d�aa•'� to p�serve t4e¢vaE�e, ' ��:
<br /> marketability or rentability of the propeKy,or part thereof,or cm¢¢res¢tQa�in,increase the iuca�2 ttheu¢f�m Qff�:ec4 tl� ''^���;,_,�.,�-.-__-.
<br /> : securbty hereof and,without talam�pos�sion of the pmperty,s►ne for or oil�ervvise eollect the rents.i�ues aand pr�ts t@�2reo� H .__ -
<br /> ' incluz�in�t�ose past due and un�id. and appiy the same,tess cosas and expenses of operaaon and wllecdom.iaocIlmding :,,�::•
<br /> attomey fces.upon any indebtedness secvn�hereby,all in sucYn ordea as Ehe Beae6ciarp maY determine. The eatereng upon � .;,�:;=,,,
<br /> aad taking pos�sessio�n of the uust estate,the coAection of such rents.iss�aes and profits and application thereof as aforesaid � ._--
<br /> shall not cure or u��aea•e any default or notice of detault heneunder or invalidate atry act and in response to such default ot _ _
<br /> , pursvaat w such no�ice of default and notwithstanding ti�e coatinuance u►Poss�sion of the propetty or the ooUacDion,�eoeipt A ;-� f
<br /> and apPlication of rents.issues or pmfits.Tn�stee or the Beneficiary may be entided to exercise every rigbt provided for irte any �
<br /> _= - _-- - of iha toan instrun:c,:�or by lsn�upon oc_n�rren�ef any event of defaull.includia�the right to eacet�cise ttte power of saDe;
<br /> •. .;:,,
<br /> b. oommence an actioa�to foreclose this Deed ot'�'mut as a mortgage, appoint a receiver, or speciRrelty eaforae amy of tlee � s;�,:
<br /> covenaats hereof; � ; ��";;
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<br /> e. deliver to Tcustee a written dec➢a�ra�imn of defaul¢and demand for sale, and written nodoe of default and elertaon to cause ,,�<�;%�;:.,, •�=
<br /> �'"'�� Tn�.seor�interest in the propem to�c sold,which notice Tirus�:.�shaU cause to be duly fiDed for reoord in the offnsiaIl r�rds � �'�'�'<:�•.:��_
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<br /> of tfiE c��snt�•in w�+ich the�ra�ras�s located. .5._ '
<br /> 12. Shou➢d the Aen�fici�in elect to foreclose by exercise of the pon�ea oisale hemin contained,the Beneficiary st�aU notify Trustee � .,,
<br /> � and shail deposit with�'�ustLe this Deed of Tnrst and the note and snch receipu and evidence of expendilures made aad secured t .
<br /> .•�.;.
<br /> ' hereby as Tnistee may require.and upon request of the Benefician•.the Ttustee shall quse to be rcoorded. published and delivered „ - .
<br /> to Tnutor such Notice of DefaWt and Notice of Sale as then required by la�►•and by this De�d of Tnist.Trustee sl�all without demand , a .
<br /> on'frustor,after such time as may then be re�uired by law and atter recordation of such Notice of Def'aWt and aRer Notice of Sale �y �Y a�
<br /> having been given as required by law. sell the Pmperty at the ame and place of sale fixed by it in such Notice of Sale,either as a � �� s h�°�
<br /> nhole, or in separate lots or paroels or items as Trustee shall deem expedien� and in such order as it may determine,at public �'�'���
<br /> auction to tbie highest bidder for cash and shall deli�•er io such purchaser or pwchasers thereof a dced to the property sold oonsistent -
<br /> �� ,:'���;•, with the la�s then in effect. Recitals in �he'fmstee's deed shall be prima facie evidence of the truth of the statements made therein. •`.•� �
<br /> �. �`'<<� ' Trustee shadi apply the proc�eds of the sale in the following ordea� (u)to all reasonable costs and expenses of the sale,incl�eding but �. �,:j!�.::'.v`� ,
<br /> not limited to Tn�stee's fees of not more than 2%of the gross sale price. reasonable attorne}�fees and oosts of title evidence:(b)to all 4. ,
<br /> �; sums senued by this Deed of Tmst: and(c?the cx�ess. if an}•, to the person or persans legally entiiled thereto. Any person. ;S .
<br /> ' including the Benefician.ma}•purchase said propert}aa said salc. Trustce ma�• in the manner provided by law,postpone sale of all ��
<br /> or aay portion of the propert��. ..
<br /> 13. Tmstee and the Beneficiaq•.and each of them.sha11 be euetul�:d to enforce pa�•ment and performance of any indebtedn�ss or „_ .
<br /> obligation secured hereby and to exercise all rights and powers under this Dc�d of Trust or under an�• loan instrument or other 'F •�;i��,;.
<br /> agreement or any laws nor or hereaRcr enforced nota�anfistanding some or all of thc mdebteds►css and obligations secured herebti� _..
<br /> w}uch may now• or hereafter be otherwisc secured. ��S�ether b.• mortgage. deed of trust, piedge. lien, assignment or otheraise. � �i�:7;
<br /> Neither the acceptance of this Deed of 1fnin nur iu enforcement_�chether b}•court action or pursuant to the power of sale or other � ;��;�;'�'t
<br /> ���.,r; . � powecs heaein sontained.shall prejudice or �n any manner affeca Tnistee's or the Benefician•'s right to realize upon or enfforoe aay ��� '.
<br /> ..�,,.
<br /> � other se�urun mow or hereaften c�ld b� Trustee or the Benefinan. rt being agreai that Trustee and the Beneficiary. and each of ..
<br /> them. shall be entitled am ernforce this Dced of Tnist and an}•other securin•no.c or hercaRer held b}�the BeneScian•or Tmstee in ; ,
<br /> such order and manner as tbe} ma} in the►r absolute d►scretion determine :�o remedc herein conferred u�on or resen•ed to'I'rustee '
<br /> or BeR�c��n is intendeai to bc cxclus���e of am other�emed� h�rem or b� lat� pro��idcd or�rcrmnted.but each shalt tne cmta�lal���e
<br /> � and sPiall�e rn addiuon to e�•en•other rcmcd�� g►ccn hcreumdee �.�r r.oa or hercafter exisung at law or eqwn or Qn•st�tute Lven� � � •
<br /> power ar remedy gi�en 0�}an}�of the➢oan instrumenis to Trustee or the Benefic�ar� or to�.hech e�ther mf them ma} �e othen�zse .
<br /> � entitled ma}�be exerc�sc�.concurrently or inde�senster.tty from time to time an�as often as ma}•be deemoai e�ent Qs�Tnastce or -
<br /> , Beneficiary,and either mf r�em ma}�pursue mconsese�,.r. xmedies Nottung herem shall be constntod as prolubiung the Bertefic�an
<br /> :._�____..,.........��r'.,.m...�*n*hr r�Krne atch aciton�5 bClltlillCd b�'I31ti'.
<br /> irom xri�ing a uciii.icTi�j�uvgu�......�,........ .......---•------ - -
<br /> � Id. Tn�stors heretn�request a cop� of any�nonce of deCaul[and that am•nouce of sale hereunder be �s�ailed to Tnutors at the
<br /> � • I address set forth in the first paragrap6 of ttus Decd of Tn,st
<br /> IS. 'The Beneficiary ma)'.b}'a antten instrument e�ocuted and ackno�+ledged ln•Benefic�an�. maulod to Ttustors and recorded m
<br /> the Counh• in which the propertc�s located and b} uthera�se comph ing��1th the pro�•�sions of the appl�cable la��•of the State of
<br /> ; Nebraska.substitute a successor to the Tn�stee named here�n or acung hercunder
<br /> I 16. This Deed of Trust applies to and inures to thc benefit of and binds all part�es hereto. the�r he�rs. personal representati��cs.
<br /> successors and assigns The term"Benefic�an•" shall m�n the a��ner and holder of thc note.��hether or not namod as Benefician�
<br /> herein.
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