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<br /> 9. EVEN'18 OF DEFAULT. My��f the fuiluwinH eventaahull b�d��med an event nf default hr.r�un�ler. '
<br /> (01 °11v�torel�aq�eve failed to mvlco pnyment of nsny inetnlimentof intercet,princi�u+l.�,r princi,ud und i��tereat or nny � �
<br /> -b other ea��beiu+9d hel'eby when due;or '
<br /> D��;,;.V;,.�` (b)Thero hae occurred n brea�h uf urdefsult under c►ny term,ce�ven�nt,sytreement,cunditIon,proviNte�n,n�preaentntion ---
<br /> � or�vnrrnttty cantaincd Li uny uf!ho l.nan Ineteumentr3. �Y�_
<br /> �I+„',��a;.._,,,*S � . . .. . , --�---
<br /> 10. JICCEI.EIiATION UNQN U�:bAULP,AI)f1111ONAI.RF.MRUIhg.9}�ouldunoventafdefuultu�•curiienaficit�ry i�;.�-
<br /> may deelare all indebtaeea eeeured hereby tu Iw due nnd peyable und thoe3nme shnU thereupnn becr►mo duc�,md puynble
<br /> .,� ,: , without any pnetrntment,demund.pn�tcet nr nuti�r uP nny kind. Thcrenfter Seneficiury mny: �
<br /> • �.,�,'�' (i)EltherinpereonorbyngenL,withurwilhuutl�rinttinRt�nyactlonurprucecYlin�;,orbynrooeivrr��pp��ia�edbyac.aurt
<br /> undwlthoutregardt�tD�oadequacyafitnearudty.enterupunnndta6.ep�useaeionofthe'lYuet�stete,orunypnrtthe�eat,in __
<br /> ;�.. .�... . � ita own e�amQ orin the name of 1Yuetc�e,und do�ny ncta which itdeemn ncmr�vay ordexirnbleto preserve the value,mnske4 �,-
<br /> ubltity nr rentabiUty af the'Peu�t F:etute,ur pnrt thermf ur intemPt th�min.incrr.ttBe the inrnme thr.rcfrom or�nr►tr.ct the `_----
<br /> .�., . eecudty hereotand,wIth or withaut taking pusseanion uf the Trust F.ektte,sue fur or otherwise collecl the rente,issuea and --
<br /> � �`��'�"'��'%"'� y Q pmRta thereof.including thase pnRt due and unpnid,and apply 1he e�ame.lese costaertd expenResofoperation amd ooIleCtion ""�°;-
<br /> :;;;�,,�,,,; �,,;,t��� M i neluding sttomeye'fees,apnn uny in de b t e d nesB eecnr e d here by, a l l in suc h u r der ae B ene fic tury mny dek r m i ne. T he �_'::
<br /> ' �!� �•. ��'?:= pntering upon and taking poasex�tan uf the 11vet EstatQ.thecnllectiun uteuch rents,is�uea nnd pncfita nnd theapplicatIon F;:;���,
<br /> � � ' '"�';. � thercof ae sforeeaid,eheU not cure or waive any defaule ar notire of dNfaulthereunder or Uivelidate aisy act dw�oin response '�
<br /> ` Y~�'�°;'.;� ;':�t� b euch defaultor pureuent to auch nottce af default and.nutwiihetandin gth�mnuausnce in pusaesxtun uf theTrust�state '� �.°
<br /> ' � �"�''? ' ` ' � � oe the collect[�a,treaeipt and appUcuttan of rente,isaues or pratite,'l�untee ar BQaeficiAry ohnll bo entitled eo exerdao evory M''
<br /> vr,:,:,':.,•r��' �
<br /> `"'° � rIght piovlded for in any of the I.oan Instrumente ar by law upon�ence of any event uf default,including the dght to ����
<br />_�.. r!C�:�::"�,. . .°"ti—=.
<br /> �i.;�,,�sy-::� •�,.•:::.. exerciae tho powes of sale;
<br /> :�'n,. , (if) Comtttenoa en actiou tu forpclose thie beed oi'IYuat ns a mortgaRe,appoint a reoeiver,ur egecIticnlly eofurce any of ~;�-
<br /> . ,. the oovenente hereof; �'2�;
<br /> .i.�:.�.� ° � (iii� Deliver to 74uetee a written declaratton o�'default and dnmand fareale,and a written naticeof dnfnult and elect[on
<br /> �.�;�~.,:,'. _. � ���t k,cauae 14ustor'e interest tn!he'I�uet�etate to be nold,whlch noitce Trustee ahall cause to be duly Pacd far reaord in the �,-'
<br /> ;��* � .���:�. sppropriate O�dal Records of the County in whirh the Teuat Estatc is located. .
<br /> �''• � ' ., 11. FOAECIASURE BY POVYER O�SAI.E. Shuuld FieneticietY ele�K to foreclose Ly eaeaxiso ut the I'ower of$ale
<br /> � ' ° hesein oontained,HeneBcInry ehall notify Truetee and shall deposlt witb Trustee this Deed of'I�es't und the Nute and auch I
<br /> `�:�'' � , teceipte end evidence of expenditurea made and secured hereby as'11�uatee may require.
<br /> (a)Upon receipt of such notice from Beneficiary,'IYustee ehaU causea be recor�ed,publlshed and delivered to Truawr
<br /> . �� . , xuch Natice of D�fault and Notice uf Sale ae then e+equired by law and by this Aeecl of True� 1lvstee ahall,wit}iout demsnd , .
<br /> . �� unTrustor,afterauchtimeasmaythenbet+equiredbylawandafcerrnordatiunafeuchNotlreofnefi�ultunds�fterNottceof
<br /> � ' 3ale having been gtven ae required by law,sell the Trust Estute atthe6meand pinceof eale fixed by it in eucli Noticeof3ale,
<br /> ' eithes se a whole.or Gt Reparate lota or parcels or items ne 14ustee ehall deern expedient,and in such�.Jer nK tt may deteri .
<br /> , � mitte�at publicaucttontothehighestbidderforcashinlawfulmonevnftheUa�ltedAtateapayahleatthettm��,feale.'l4uetee .
<br /> ', ^ shalldelivertoauchpurchnaerarpnrchaac+eeratherrofitxR�wdandsufticicntdeedafdeedt+wnveyinathepropertysosold.but
<br /> ° wilhout any covenent or warranty.expreAS or implied.The recital�t inauch deed of any mnttere or fur.tA ehall t�e mnclusive
<br /> .. • Rroofofthetruthtt�lneasthere�f.MyperAOn,includinQ,�vithnutlimitation,Tnistar,TrusteeandBeneficinry,rnnypurchase
<br /> at auch sale end Trustor hereby rnvenants to�vnrrant and�lefend the tiQe of xuch purcliaser or purchaRerA.
<br /> , - .:-' - (b}As raey be peimi#sd by law,eft,er deiluding Trunien�eas u�the��u�iuu�ii ot ,'t�untc�TsLutl aFP�V the _
<br /> • � � , � proceeds of the eale irt tho following order. (n)to all reasonAble ooatf►end ex pensea of the aale,i�cludintt,but not limited to. ., _
<br /> �- ,r;;�,;;..,:, ' , tr�etee feea of not more thsn b/2 of 1't6 of the gross eales pr�ce.reasaneble attnmey'e fees and casta of tiUe evidence;(b)to till �,•;!.:,;;;
<br /> �-;�;;�'�:�;:r;. , auaas eecuted by this Deed of'1'rus�(c)to the payment af juniur'l�uet Ikeda,muri�gA�ea or other llen huWere;And(d)ttte :;��:t,`;'
<br /> ,-',:+;r?i�'' " balanoe,if any,to the person or pereuns le�ally endded ehereta •
<br /> ;;°`� (c) Trnatee ruay in the manner pruvided by law,pu.atpune sale uf all c�r any porii�n��f thc 7Yust F.state.
<br /> � �� 12. REMEDIES NOT�XCLUSIVE. Truetee and F3eneficinry,nnd each uf them,shnll be entiQed tu enforce pt�yment
<br />- , •r:'Pr- andperPotmanceofanyindebtednesgnrubllQationaecYUredhembyand toexerciseullri�htanndpowee�underthisDeedof .
<br />� •.�`'';�,� • ' . �Yust ar under any Loan Inetrument ar other a�rePme+�t�r anv law,,�x�wnr her�nil.er in fur�r,notwithstnndi nu someor ull
<br /> .,;�(�,;;y�;:� of the e:tch indebtedneas and obU�taduns secured herrby may now or hornafRer be other�vie�secur�•d,wh��tl�u l�y mort;;age.
<br /> -- deed of hvet,pled�e,llen,asaiKnment��r uthNrwise. Neithcr the nr�rpWticeuFthia i)eeci of Trust nor itv er fi�rc�•�nent whether
<br /> -� . �- by cow t action or purauant u�the���verof sale or other}xxverx hercin rnntnined,shc�ll prejudicr ur in ne�y rnnnner affect
<br /> ;`;:�:,�, • ., ' Trustee'8 or Bene�iciary's right to renlize u�n rn enfnrcr nny othrr s��curity now or hereafter held by 71�uxtcr.�r Reneficiary,
<br /> � �`'!' •�� � it being agreed thnt'ltiuetee and Beneficinry,und each of tl�em.ehn111M entit led to enfi�rce this 1)eed uf 7Yust nnd any other
<br /> ���i�• . ..
<br /> ���°•i�'`;;:,{ ` security now or hereaRer held by tieneficiary or Truat�r in auch�rder s+nd mnnner�u thcy nr either of th�m may in their �.•�..�
<br /> ,:�;�;�' . ° • sbaolute dlecretlon determine. No remedy herein cunfcrred u�«m ormservcKl to Trustee or BeneBcicuy fs intended to be �
<br /> � '�f'�� . exclueiveof Any other remedy fiereln��r by la�vpruvidrd or permitteci.b�itench shnll Me cumulative nnd shnll Irfn addition
<br /> � � toevaryotherremedygivenhereunderi�rnownrherenfterexiestinKatlnwnrinequityarb,vetatute. h:verypuwerorremedy .
<br /> , � �� givenbyany�oftheI.oanIn�trumentstoTrustecorF3eneiiciaryurto�vhicheitheroftheinmAybeuther�viseentitled.moybe
<br /> • ° exercised,cnncurrently or independently,fmm tirne to time nnd uR ollen ae may be deemed expcciient by'I'iv�t�or Sene�
<br /> �. '��.. ftciaty and either of them mey pun+ue imm�siater�t remecliea. NuthinK hemi n ehnll he rnnatrucd cw prc�hibttic�u Barseficiary
<br /> �' � := ' ' from eeeking a deficiency jud�;ment nptninst the Truqt�>r to theext�nt:�u�h iirtion i�permittd by law.
<br /> �
<br /> `''y�s�:� "" �., REqUE.^�il'FOK NUTI(:F.Truau>r hereby requesta n cupynf anynotirn af d�fnult nnd thnt nny notic�of qnle hereunder
<br /> r be melled to it et the addmsa r,et ErnKh in the RtYVt pnrnuri�ph af thie 1)etti a['I'ruat. i
<br /> ''�s�' •
<br /> ��`� 14. t]UVERNIN(3 I.N W. Thie ncrci nf TruRt ahfill Me Rov��m�Yi hy thc lawa of the Stnte nf Ni�hrnak:�. In the event thnt �
<br /> " eny provteton or clauaeof xm��f the i.onn InetrumentA�ymflicte��ith:��lirnhle 11wF,euch c�>nQictr+ehnll��ot nffect other
<br /> pmvieione of auch Loan Ix�strumentn which can Ue�tiven effect withuut�he cuntlictinu pruviHicui,and W th iaend the pro- ,,��.
<br /> vielons of the Loan Inet�umentet ure declured G�be severuble. '1'hiH iustrument r:mn��t be woivecl,chonwecl, dischar�ted or � ,
<br /> � ` terminated oraUy,but only by nn inRtrument in writin�;ai�.►ned by thc piirty uauinat��liom enfi�rcemFnt uf any wAiver, �
<br /> � change.d�+chatge or terminut{nn is aou�ht. � •
<br />� � 4 �� �� ' 16. RECONVFYAN('�IiYTIt[iS'1'h:f:. llp��nwrittrnreyurxtoti3eneii��inrveuitin�sthntullsumax�rurc�dherebyhave �� -•`
<br /> _ .;� been p[;id,and upon sumender of thiK iktiKi uf'IYuxt and the Nnte to7Yuetee fi�r canc�llntion and rMenti�,n .�nd�npnn pay- i'
<br /> - '" menlbyTruetorof'fru.ster'efeca.'1l�uHtcrehnllr�amvcytoTrusG�r,��rthepi�rnunorpersnnsvk�ullv�iitiU��clthrreto.withuut :�� �
<br /> � warranty,ony portinn of thr 7'ru�t F.xtnte th�n held herrundE•r.9'he r�<hUtIR in euch renmv�ynnrr nf�my n�atters or facts ;
<br /> �. shall b�wncluaivepr«►fof thetrothfutnesa thereof. 7'haltruni��e innnyreconveynn�ti muy beclencriMrl tia"the personor i
<br /> persons legally entItled theretd'.
<br /> c. 18. NOTIC�S. Whenever l3eneCrinry.l'nir�tor or Truat�r ehall deaire tn Rive nr aerve uny notice,demand,request or ; '
<br /> � othercommunication with respert d�this I)��ed of 1Yust,ench auch n�dice,demnnd,requi�ct orother cummunicntion shall be
<br /> �. ,. •.. •.
<br /> --- .. IOWrILiII�(9RQARHIIOP@[I[9ltVpoOlYltltlP`�ittTlPia+uriivrm��rv��rr•an�uiner�in•�ir�uuiii�nrvarriu�iii[nnii.�tt�����rptrpa�u. �------
<br /> . teturn receip!requested,nddrn:uuri t��tlie nddreA��:et Curth��t th��lm�,*inn ing c►f this IktiKl af'Criu:t.At1�pnrtv m;:yutthis time '�
<br /> , ,' chengeitaaddm�aforaurhnuti�rxlrvdeli�•rrinKurm+iilin�;t�►thruthrr pnrtieahereto,nsufi�reauid,�noticruf�uchcht�n�te. ;
<br /> , 1T. ACC:�PTANCF.I3Y'CItITRTl:I�.. '1'rust��n�•�rpU+thie'IYuxt�vhrn thiK Ikrr1 ufTruxt.dulyex�•�ntrcl.md uckno�v- !
<br /> ledgcd. ie madc n public mrnrd nK providivl by I�nc. �
<br /> � 1N WITN�S.S WNM KF:OF.'1'ruatnr Iu�K i�xc�c•ut��cl thiK 1��v+l uf'I'ruat u�uf the du�nnd venr firet:�bnv��reritten.
<br /> �, ' THI1S'I'F 1:. 7'ruatre nrc��pte thia '1'ruet whim thix Ik•��d of '1'ruNt, duly exerut��d �nd AClthq�Y- �
<br /> � ledged, ie mude n public mrurd i�K pr�►vided by Inw. ;
<br /> • � ' IN �VI'i'NI;ti.S W11F:Ith;(1F,'1'ruKtur 1►nK exctiut�rl thie Ik�YI ' u ii.�uf the dny a 1 ycnr �•e written. �
<br /> , .. ,. ... X�G!��1.���.'r S�. :
<br /> , Edvar� Kolar '
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