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. � ;, ,,r� <br /> `�_ ' <br /> - _ , ,. �� . � <br /> � <br /> . .. ... .. .. .--�---•-- � - - - — -- <br /> _, ._......... . � ---._. _ .. <br /> - � " _ � . r.�r . . .. . . . ..-.;�..:� , .. .._ . . <br /> � � ; 9�'��s9 <br /> N fhRm,eha�!Ds er�tWed fo vntorce this Trus�Deod and any other aecurlty now or hereafter helA by Heneflciary a 7ruetee�n aucn orMr�nd mann�r <br /> �a!My a�ttMr of N�m may m thelr abaotut�dlecration determins.No nmedy hu�ln eonfarnd upon a r�rrwd to TruitK or B�n01tGa►!I f�IMMMW' <br /> to Q��xclutivi oP enp ather ramedp hareln a by Ww provfded or parmlttecl,but�ach eh�ll bs�umulativ�ond�hall W in odditbn to w�y otMr rNn«ly <br /> piwn hvr�unWr a now a hYa�f��r�Mtstlny at�Qw a in sqully or by statute.�vary powe►or rem�dy provldsd und�r thls Trust G�d to Tru�tM a@�nNlcl�ryl <br /> a to whlah NtMir of them msy b�othqrvNt�enlltl�d,m�y b�ex�rcis�d,Goncu�r�nty or ind�p�nd�ntly,hom UrrN to tim�arW n ofNn M�Y��b <br /> exp�dUnt by Trw[ee or Beneliclary and eltAer af tham may pursu�Ineonaiatent reme0lea.Nolhinp herein nhalf be conatrued aa prohlbitlnp BMMfciMy <br /> ham aakinp a daflGency Judpment aga�nst the Truator to the extent such actlon is pe►mittsd by law. <br /> 11.TRANSFER OF TkE PtiOPEAri;ASSUMpTIdN.If all or any part qf the Properry ar irstereat theratn ia eotd,Vanttsrred a othilrwfs�canwy�d <br /> 6y Truatw without 8eneticfery'e prlo�wrltten wnsent,excluding(a)the oreatfon ot a Ilen or encumbrartce subordtrtate to this Trust Oesd,(b)a tr�nfter <br /> by operRtlon ot tsw t�pcx�th�dsath ot a Trustor wiio ia a jolnt tenent or(o)the Brant ot any Isasehoid intereat of thres(3)years a less whfch dal�tat <br /> contain an optlon to purchaae,such actlon is e breach oT this egreoment,and Beneilolary may,at Beneflclary'o op2Fan,dectare nll ths suma secured by <br /> this Trust Oeed to 6e Immedlatey due and payabla,ptovlded,turther,thla T�ust Dead may,at 8eneifciary'e opUnn,b9 dectered immmd�atsly due�rW <br /> payabte,M(1)Ttustot la a pa►tne�Rhip and any interest In the paAnership is eold or ttssigned by any meana whatsoever,ar(2)If the 7rustor I�e Corporatlon <br /> end a Wanafer o1 the majalty stock ownerahtp fnteraAt in the corporetion aocura,or the Trustor corparatton merges in any torm wlt�another corpoadon <br /> a ent►ry.Benei:dary shnll have walved such option to aecatorate ff,prlor to the sote,transfer or conveyance,Beneflciary and the pe►aon to whom ths <br /> Properiy ia to b9 sotd or tranaterred reach agre�ma�t In writing that the credit o}suah persan fa eaUefaotory to 9eneflciary snd that the interest payaWs <br /> on the sum�secured by this Trust Oeed ahaU ba at such rate as Beneticiary shali request. <br /> 12.ACCELERAYION UPON DEFAULt;REMEOIES;BALE.The taliure by the Ttustor,to mek�any payment ar to pertorm any of tbotemtsent3�condi•Jons <br /> of this T►ust Qeed,or tho t8rms and conditiona of the Note,or any�enewels,modlflcatione or extenelone thsreof,or the tallure W make payment ot any <br /> �.other Indebtednese,prior or subsequent to this Trust Doed,and secured by thfs property,or�the dedth oi one or more Truators shall be a t�reaoh and � <br /> ;det$ull ot tTtES Truat Oeed as�d the Benefictary may declare a detauH and may declare als sums eocurod frereby immedlately due and payabla anA tt►e <br /> same ghail tt�areupon become due and payable without presentmenL demand,protest or notice of any kind,provided,TruatOr ahali have any etawtory , <br /> � right!!1 cure the detault Oeto�e any notice ot defaull and demand tor eale may be delivered to the Ttustee.Thore�fter,Beneflciery may deliver to Truatoe <br /> a writte��dectaratlon at default and demend ta sate Tn�atar agrees and hereby grante thet the Fruetee shall have the power oi saia ot Me Property and <br /> i}Benaficlary Qectdee the Property ls to be sald it shatl deposit wlih Trustee thls Trust Deed and the Note or nqtea and any otAer documartts eNdencing <br /> expenditures secureA hereby,and ehail deliver to Yrustee a wrftten notice ot defautt and eleation to cause tho propeAy W be sold,end Trustee,in turn, <br /> ahall pre:pare a simflar notice In the form requtrod by law,whfch ahail de duiy ti�ed tor record by Trustee. <br /> (a) After the Iapse ot such tlme ae may he requ�red by law to�bwing tl+e reeordetlan of Notice of Oe}ault,and Notica ot Oetault and Notics ot <br /> Sale having been givon as roquired by law.Truetee,wlthout demend on Trusta,eheli seN the Properly,If not redsemed,in ons ar moro <br /> patceie end in such order as 7rustee may determine an tha data and the time and place dealgnated in eafd iVotice of 881e,at publla auation <br /> accorEing to law. <br /> (b) When Truatee sells puraunnt to the powore herein.Trustee shalt appty the proceeds ot tha sate to payment ot the coste and expenses et <br /> nicorcisi�sg tisa pawsr at sals anC a!!ha:sle,sncludlag.YMI��lQ!!���#l1I�8I�,At�MR6Y's tees end the payment o}Trustoe's F:es irteutrW,whlch <br /> Trustea's Feas shell not In the aggregate exceed tho tollowing amounte based upon the amount socured hereby and temal�inp unpatd At <br /> the tlma seheduled for eate:8 pereentum on the batanee Ihereot;and then to the ItemB In eubpttragraph(e)In the otdOr thera Btated. <br /> (c) After paying the items specified 1n subparagreph(b),if the sale is by Tn�stee,or It the srile Is pursuant to judfalal toreclosure.the proCeeda <br /> of sate shAli be app�ied In the foitowtng order: <br /> (1)Cost of any evidence ot title procured in connection with such sale and of any revenue transfer fee requlred to be pald; <br /> (2)All oblig8tipns secured by this Trust Deed: <br /> (3)Junlot iruat doeds,mortgages,ar ather Uenhotdera; <br /> (4)The�emainder,if any.to the person Iegaliy entitled thereto. <br /> 13.APPOtNTdAHNT OF SUCCESSOR TRUSTEE.Benef�clary may,irom time to time,by e written lnstrument executed and acknowledged by BenefiCiary, <br /> malled to Tru9tor and►ecaded in the ccwnty or counties in which the Praperty Is located and by othervvlse complyfng with the pravlsiona of the eppilcable <br /> tawa of the State of Nebraska substitute a successor or succeseors to the Trustee nemed herein or aoting hereunder. <br /> 14.INSPECTIONS.Benmtisiary,or ita agenta,representetives or amployaes,are authorized to onter at any reasonabie tlme upon or In any part of the <br /> Property for the purpose ot inSpeCting the seme and tor the purpose ot performfng any of the acta it is authorized to pertorm under the terms Ot the Trust Deed. <br /> tb.OPTION 70 FOAECIOSURE.Upon the accurrence of any breach and upon the declaratbn ot default hereunder,Benetloiary shall have the option <br /> to tc�reelase thls TNat Deed In ihe manner providad by law 1or the forectosure of moRgeges on real property, <br /> +•• t8.FOREBEARANCE BY BENEFICtARY OR TRUBTEH NOT A WAIVER.Any torebearence by Beneticlary or Trustee in exerolsing any right or remedy <br /> ;��! heteunder,a othenvise aftorded by eppBCaWe taw,shall�ot be a waiver ot or preciude the exercise ot any euch right or remedy.Ukewlse.the waive� <br /> by 8enefklary w Trustee ot any detautt of Trustor under this Truat Oeed shall not be deemed to be a waiver of any other ar simllar defaulca subsequendy <br /> , ��,��:, <br /> occurdng. �� <br /> , �,,��`y t7.BENEFlCIARY'8 POWERS.Without aHecting or releasing the Iiabiilty of the Trustor w any other person Ifable for the payment of any obiigatlon +��a., <br /> � �i�'�*��,:` here�n mentloned,end without aNecting the lien or charge of Ihls Trust Deed upon any portian of the Praperty,Seneficiary may,hom time to time and � <br /> �' ���' '" without notice et the request of one or more Trustors,(i)release any person Itable.(II)extend or renew the maturfty or alter any of the tetms ot any such �:: <br /> . � � <br /> .•� <br /> '?^'�=- obligatlons, (Ili)grant other indu�gences,(iv)reiease or reconvsy,a cause to be reloased or reconveyed at any time at Beneffci8ry'e aptlon any parce� <br /> "�� �'��� or 911 of the Properly,(v)take or release any Wher or additbnal securfry for any obifgaUon heretn menttoned,(v1)make sett�ement9 or other arrangements �1� <br /> , ����_,_Y�,:�� - <br /> t.1"''""s fT• wfth Trustor In te�atbn thereto.Ail Trustors shall be�ointly and severally obllgated and bound by the actions of the Benetlelary or any one or more Trustot <br /> � j4 <br /> ,�n;l::'.,�» 88 Bteted in thla paragteph. - :. <br /> �..�;.�r-.. 18.ATTORNEY FEBB,COSTS AND BItPENSEB.The Beneticiary of thls Trust Deed�e entitied to the payment of attamey's tees,costs and expenses <br /> .�.��, �_ <br /> � ��`" fls ptavldad In thi9 Trust Qsed.extept 88 otherwise ptohlblted by law. <br /> v;a,� ..�fl� <br /> v..,t`.:� 4�.4�� <br /> ' g`M`� 18.RECONVHYANCE BY fRUSTEE.Upon watten request ot Beneticiary and upon payment by Trustor ot Trustee's teos.Trustee ahai► reeonvey to <br /> ^�v,� Trustw,or the person or persons tegatty entftled thereto,wlthout warranry,any portfon ot the Property then hetd hereunder.RecltfllB In Buch teconveyance <br /> of any matte�s or fects ahati be conclusrve proot o�the truthfutness thereof.The grantee In any reconveyance may be deocrlbed as the person or persons <br /> �� legally entitted thoreto" <br /> �yr .:� ::i`..t. <br /> • t.":-c:`�'r::;!: 20.NOYtCE8.Ezcept tor notices,demanda,requests a other communlcadons reqwred undor applicablo law to be glven in another mam�er,whenever <br /> � 8eneticiary.Trustor or Truatee gwes or serve�any notfco(inctudtng,without Ilmitatian.�otice of dotautt and notice of eale).tlemands,requests or other _ <br /> ' :i��•' communlcstion with respect to th�s Truat Oeed,each such�otice,demand,request or other communlcutlon shatl be In wrlting and ehali bu eHeetive anty <br /> .......�u �.u-----��..�b�,ew.me na mt tnnh at tho hsainnlnc nt thi8 <br /> �,��;'..:.'...:f:. If tT18 88me 18 tlBUVereO oy perSOnai service ar�s muiiai uy i.o�ii�7ov'��o��.y..aoyo�....�................��._...'�"-'----- - - <br /> ��:.:_;,," .,~�+r � Trust Goed.Any pary may at any ume change tts address for such not�r.es by dellveNng or malling to the other party hereto,as atoresafd,a notice of <br /> r•�.:-;. •�- •�^� auCh ChBnye.Any notica hereunder shall bo doemed to h3ve b88n gtven to Truetor or BeneNcfary,when given in the manner dostgnat@d herefn. <br /> 61. �..�.�. , <br /> �...�-;��.;•..,;- Y <br /> .4 21.REQUEST FOR NOTICE.Truatw and Beneticiary hereby request a copy of any notice of defeutt,and a copy of an notiee ot sate thereunder,be <br /> '''`:."� .s.:�-�;::.` mailed to eech per6on who la a parly hereto at the address tor such person set forth in the flrst peregraph uf thla Trust Oeed. <br /> L^����,`'`°��'�!, ?�.CiOVEAN111�LAW. This Trust Deed shatl be governed by the lawa of tho State of Nebraska. <br /> ' ..; ..�����'�.{:.(. <br /> '�� ''�6 �"y��}�� 23.8UCCES30RS AND A531GNS.Thls Ttust Oecx1.And alI tetms,conditlana and obllgatlons herein,apply to a�d inu►e to the benent ot anA bmde <br /> i�,••�14Y•r�h�,:l�'!`'7" .. <br /> .,,y,:.; ;. ,,...s� atl partles hereto.Ihev heirs,legatees,dev�seea.personal representatives,succeasors and assigns.The term Beneticlary"shall mean thR owner and <br /> ;, �,,:�,,�; holder ot the Note,whether or�ot nemed as BeneflC�ary herein <br /> , t. <br /> .-�� ��d:.' <br /> '��;.i�;.,�j:;Y���, b . <br /> .., , ! <br /> . } <br /> �n� 1'.ir <br />