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<br /> a F•V�N'I8 OF DF�'AUI.T. Ar��uf Ihe fid1�►wtng eventa�hn(1 Ue dc�em�v!an avent of�I��fi�ult huroundor. �
<br /> (n�) 'IYurWr ehall heve fellr.d to mNke pnyment��f sny ineUdlmoM oPinterext,prinefpul,ur priiiaipnl und 1nt��t areny •
<br /> athereurr+ac�enre�.hRrpby when du�;ur °
<br /> (b)'I��ere hru�c�.wirnri a brench�,P nr default uade�.any tertn.covem�nt,i�grccment,c�mditiun,pr�rvir3t�m.ruprch+lntnf iun
<br /> or warranty cu�tWnfxl h�any af thn l�s�un Iuetrun�unU�.
<br /> !0. ACCh:[.F;MTIUNIJIK�NUFFAUI:t',AI)I)I'1`IUNAI.RhMh:ilIF;A.Khutddane+vent��Pdefi+ulturc►irlienetk�tury
<br /> n�py declere�II Endebtne�u�rur�l hr.rnby lu Iw du�tmd pnyablo nnd th�►ennza nlmll thercn�m i�enm�u duo arZd pn�alsla
<br /> Mr(�{wut any pe�e�entment,demt��td,pmtvat a�notl4�o uf nny kiud. Thcti�eulter Iivnufi��iiv,v mi�y:
<br /> (i)�;ltherin perKan ar by n�c�tt,wlth ar withnu!hrinpir�K noy action ur pmcrc�iinK,�rr by n rcrelveri��qM�lnted by a murt
<br /> end with�w►r�fie►r�tu the utii�uu�y uY!!u cu�urlly�fli{C•P upun nnd talcc pna�;ea�ton nf the'Ihiat b:etnte,�rr n��v pnrt thermf,in
<br /> � ibownnameorinth�namei��7'ruettr.,nndduanyn�ti+�vhichitdmmena�esanry�>edealrn6letnprenervi�llirvnlue,mnrko6
<br /> ebllity�s rrntabllity of the'fruxt FH2�te,or purt thorcv�f ur iate�ret therein,inrmueo the inrnmo tlierrG�nn or protect the
<br /> �ecurtty hereu[and,with or withuu!wking pnaseaR{nn uf the'ltuet EsWte,auu fur ur�therwlcae collect thv renta,leaues nnd
<br /> pmSta thereof,including thoee pa�t due nnd uapnid,and apply thesame,lesa coxf�+and oxpenReaofoperatiwi and aollectiun
<br /> inc�uding attorneys' fees, upon any indebtedneae eecusreed hereby,uU in euch arder as Reneftolnry muy deWrm(ne. The
<br /> � entedag upon and taWng yoesesalon af'tho 11vae Eetate,the culle�;dnn of euch rent+i,issuee and proBte nnd tho applict�tion
<br /> lhet+eaf aa aforesaid,ehall nMouro or we;ve any defuult or nutice of defnul!hereunder orinval{dateany uctdoaeinreepnnee
<br /> i toeuch default orpurauant toauch nottc�oafdefault and.naLwlthRtandinq tlio cn�itinuanee in posseaeion uf the'1'ruat Estate
<br /> � or the oollceNon,ceaeipt tu�d application of rente,tesuea or pra�it8,11uetee or 8eneficiary ehnll bo enNde�l W exereiseevery
<br /> � right pruvided for in eny of ehe Loat�Inetrument�or by law upon occurrenoe of any event of default,inclu�ng the dght to
<br /> ex�dae the power of eale;
<br /> (U) Cotaraenoe an sction to foreclose thie I)eed af 1�uet as a mortgage,appoint a reoeiver,or epecif{cally en�orce any�oY
<br /> the covenanta hereof;
<br /> (tii) Deliver to'ltiruetee a written declaration of default and demand far eale,and a wrltten notice of dcfnult eaid election
<br /> ,�.it:; .
<br /> to cauas'l4uetor'e int�eet in the'IYuat�stata ta be sold,whieh notice Trustee ahall cauee to be du�y flled far remrd in the
<br /> �-;;��:�� r;f , apDmpriate O�dal Recards aff the Cotutty in which the'lYuet Eatata ie�.cvted. --,�:�i
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<br /> ,�,r�•t, ..�c.;�.;, „ 11. FOYiE�IABURE EY PQWE�O�SALE• 3isould Beneficiary elect to forecloae by exercise of the Powes of 8ale .�,���
<br /> ''1•�r��.,';c,�� ' herein oontain�d,Beneficiary aheU natity Truatee and ehall d�posit with Truatee this Deed of TruaL and the.Tote and euch •.
<br /> E'{,:4c`l'•5•r.:- �Y.'� �� 1 '.'.'
<br /> t{�,,+w �iptg and evidence of expenditures made and secured hereby as 7Yustee may require.
<br /> ,tlt���.}:�;;��� ��',, ,
<br /> �;.,.;4�;:,,.,+;,:,,,,�,� .� (a)Upon reaei�t�f su�h notice from Bene�ctary,Truatee ehaU ca►�ae to be ser.orded,pubGsheti and doltvered to Trustor �;;+
<br /> , �k` auch NoEioe of IDefau$tund Notice of 3a1�as then requirr.d by law and by thia Drrd of 71vs�Truatee ehall,wIQ�oat demand r•��'�yt
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<br /> �.�, :�rk.•;� � �. onTruatc►r,nfters�chtimeasmeythenbe utredby7awandafterrecwrdutionofsuchNaticeofUefaultnudnfterNoticeot c;:;��,
<br /> 8ale having fi�an given ae required by law,se the'l�ust Estateatthetimeand placeof eale fixeil by itin auch Nuticeuf8ale, ?
<br /> ; ' '���� ,�. ' ,� either ae a whole,or in aeparate lota or parcels or itema�R ltuxtee ehnll deem expedtent,nnd in�auch orcl«r as it may d�ter� '
<br /> �{t�C��;��!�-.�� taine,atpublicuucduntothehi�hes4bidderforcashinlA�vfulmoneyoftheUnitedStatespaynblea►thetimeufeale.'lYuetee � '�
<br /> '�•�°'�;��''.�=��x:`".� ehaUdeliverWeuchpurchasererpurchaRerethereofitggnodandaufficientdPedufdeedeconveyinAthrpmp�rtysosol8,but , y�
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<br /> :�"�-,,���.,_i_:.+F;',� without any covenant or warrant.v.NXNI'C8A UT{p7pllftl. TI►C CPC11J1JP Itt HU(:Il(IE'P(I c�f BiIY IllAtlflCH 0�fAC}!i HIti1IJ L�CO11CIq81VQ
<br /> ' � �,rr ..t praafaft2sa2n:Lhfuln�.:ttsrt�sf. An;ge�on,inrled�no w'tt}toutlimitntimt,'1'n�stnr,7l�u�teenndBaneficiECC.v.maypuCCl1AR@ ��c�.�
<br /> � �},,��-�;�.,„;;„r;,: at auch eale and'Cruator hernby cnvenante ts warrnnt nnd defend the title uf such purchesar cir purchuRere. s
<br /> RF/s('''`,;_;:. �;.:,;,y..F: (b)As tuaY be peYmitted bY law�atter dedncting'l�vetee Fees in the amount of -�- .Truatee Fhall aPP�Y�e �
<br /> ' �;;;,_?,r;:,y;�`` ;.. proceeda of the sale in the following order: (a)to all reasonable ooate and expenses of the eale,including,bat not Ua�ited to. 1
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<br /> ,�+4� _�:,: ,r•�a�: t'. truatee feee of nat more thett 1/2 aP l7U of the grosa oalea prioe,reaeonable uttorney's fees and costs of fttle evidence;{b)to aU l�#�
<br /> .��.`.
<br /> :;�..���;;:;•.,. .,;y�,,,.,• swus secured by tl�1s Deed uf Trus4;(c)to the payment of;tu�iur Trust Deede,mort�egea ur other llen holdors;and(d)tbe , �
<br /> ��,:.,..:a�.��.: .:.,•...,P balancee.if sny►.to theperson or p�ars�na leguily enUtled thereto. ,�•;•``
<br /> '��'�?"tu���"�°'•=`�`�: (c) Truetee may in the manner pruvided by luw,pc�stpone sftle uf all ur nny purtiun uf thc T`rusl F:dtute. �����
<br /> N�'.,r.trt.?*i���M«�•''}
<br /> ` ' 12. REMEDIES NUT EXCLUSIVE. Truatee and k3ene�ciiiry,nnd ench uf them,ehnll be entitlec!to��nforcro pnyment ,'..'�`
<br /> •,Y.�er,:,ij:.,a..e•ty',���:i
<br /> ,�,��,. and performanceof uny indebteciness urubli�uttanasecured hereby und u►rxercixe np righGsnnd powi�rs onderthis U�riof
<br /> ��...:�,,,,sx• ltuet or under nny I.onn Inetrumenl nr nther n�trremrnt or nny ImvH now nr h�renttcr in&rrre.notwithst��nding same or oll -
<br /> � r' �h�y of the e�uh indebtedneas and ubliaationa secared hereby mny now or hereafter bi�othenvie��secured,a•h�•t��ca by mortga�te, ?
<br /> •�;,�<`: '.•.,•..�:�`::
<br /> �•• deedofttust,pledQe,lten,nssignmentc►r��thenviae. Neitherthenrceptnnceufthiai)eedofTruatnori4+rnfi�rcementwhother
<br /> """ by cour!aM[on or pureusn!tn lh��xnvee of ssnle or uther pnwe�herein contnincKi.Nhnll pm)udicern or in any mnnner effect
<br /> ;,,,4 -• ' ;•,�,���,. „- Truetee'sarBenefic[ary'xrighttomnlizeuprmor�nfi�rrennyothersecuritvnoworhnrenRc�rh�ldby'llruRtmorBeneSctnry,
<br /> it being agreed that'huetee and Renefiriury,i�nd each of thetn,ehc�ll b��entitlt�l u►enfimc�thica I)md af Truat and any other
<br /> i •�r'�'��� secuxity now o�hereaRcr held by Benef ciiiry or Truetcw in auch nrder nnd mtinner ne they��r either��f th��m muy in theSr
<br /> � ` �°`"'�' absoluto discrelton determtne. No mmedy heretn eonferred up�n or reservPCl b�7YuaMe ar BeneBcinry ly intended to lw
<br /> . �;.v�t-�:"•• .^~� •� exclusfve of any otherremedy herein ur My Inw provlded ur permittecl,but eiich aholl he cumulntive and ahnll be in addition
<br /> , ��%� to every other remet�y given hereunder or etow o�herenfter exjetin�c at Inw nr in c•quity or by stntute. ��•�ryµower or reatedy
<br /> �.`ii:zc:.�'•.. .
<br /> ;,,;.��: _ ' piven by any of the[.aan Instrumenti+ta 1'ruatee or lieneficinry ur to whlcb eltlier uf them moy be uthenvisc entitled.mqv be
<br /> •• �+¢. ;„ ' , exerrised,wncurrently or lndependently.fmm tlme to time and us uften ns mny be deemed expedtent by'IY��stee or Bene�
<br /> '`°�`�' fIcterry and either af them muy pureue jnconeiefttent remedicK+. Nothin�;he�ein ahall be a�nstrued na prohibtting Beneficit►ry
<br /> , .,,, .� e
<br /> ��`" ' from seeking u deficiency judament eitntnet the Trustur t<►the extent auch net{on ie{xrmittd by Imv.
<br /> ;.:"•i;'.'�.,
<br /> , �_ .� REQUESTFORNO'I'ICE. 'l�ustorherebyrequestencopyufunynMiceofdefnultundthntnnym�ticeufaalehereunder
<br /> ' �.; be mafled to it at the addrexa set forth in!he firat pnre�trnph�►f this Ueed of 9'rust.
<br /> ��-='��'• 14. GOVERN[N(F LAW. 'l�te Deed of Trust xhall he Rnverncci hv the lu�vs uf th�Stnteof Nebraska. In the event thnt
<br /> ;�;,,.�.. .
<br /> ;;';;� ��,..••�' � at�y provlaion or clause of eny��f Ute i��an Inetrumenta mnflicts�vith npplicnble Inwx,auch conlUcte Rhtill not nffectother
<br /> `��`���''' pmvlslons of euch Loan InstrumentH which can l�e Etiven elYect withcwt the cunflictinK pruviaion,and G►thie end the pro-
<br /> ..,,,,..
<br /> is4,:.f ' visions of the Loan Inetrnments are declured tu ber severuUle. This lnstrument ronnut!��voived.chnnued,dischurECed or
<br /> "'�; ' ' terminated oreUy.but only by un inetrument{n writink eigned by the purtv ugntnet whom enforcement of any waiver,
<br /> '-L`' change,disehatge or terminatiun ie souytht
<br /> •,..::.. �;.,,;
<br /> ������' I6. RECONVF.YANCR RY TRUS7'F.F. Upon writMn rec�uc�t nf Reneficiriry Ntnting thot ull sums acrured hereby have
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<br /> ,*• 4!�`�`�`�: - ; becn paid,and upon surrender of thix Ikrci uf 1'ruat iind thE�Nnte G�'l�uatee for cencelludon and retention and upon pny
<br /> .�:,1.'.�.:":;.',;:.:,� mentbyl5vstarnL'['n�elee'xfeea.'IYusteeehnllreainveyu�Truator.urtl�epecsanorpernonxle�upYentitl��dthereto.without
<br /> �.': , „ �, warranEy,eny pc►rtinn of the'Cruat Fa+tnte then held hereunder. '1'he recitals in euch renmveyance�if nny matters or facta
<br /> .�,__r,�_;,ti;._:; ehell be conclusive praof of the truthtLlneas thercuf. The Etrnntee tn:�ny rcrunveyuncr mny be descrilxd u�"the pernnn or
<br /> ;-„�'- , � pereona legally entitled thereta".
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<br /> .,.,�..r.�a wi�.�.Y u......r: ... �r....,�........m...a�.�,.�I,�II d,�i.0 t�oiva nr xa+rve un�noiice.dumnnd.ct�la��t u!
<br /> �,... .._ • io. a.vaavw. ....- �... ......... ° �. .._........- ^----�_�.__'--- �- ^� -
<br /> �`�;��� ' '��"�� i' � other communfcniton wit8�respect tt�this I)eed af'1'ruet,earh suc•h notice,demzu�d.request��r other wmmunicntiun ahnll be (�
<br /> r'.": .; ;.' � ' ' in wrlting and ehell be et�'crtive�miv if the enme iu delivemd bv perxannl sewice or mnil�xi l�vi certified mnil,pastaQe pr�pnid I
<br /> `}••'- ' eetum rcceipt requested,ad�ri�r��d t�i the iiddre�K Ket fi�nh�it tlie Le�inni��u��f thi4 Dcvwl�,fTruat.An�•p+ut�mny,itthiatime
<br /> :';,' : � change{te addrn9e fnrsurh notires liv delivcrin���r mi�ilina tu the other purtit�t►hercto,us atoresnid,u nutirr ofRUCh chunwe.
<br /> '�� "' 7'rustc�nccrptx thi�'15�uxt�vhen tliis 1)eecl of'Crunt,duly executrcl and urkno«• I'
<br /> �• : + 17. ACCEPTANCF.HY TItU.S�'�:M�.
<br /> '4�, ' �S; . . ledged.te made a pub(fc e�emrd+�x providecl by luw.
<br /> � IN WITNIE5S�VHh:REUF,'I'ruxtor hns excruted this U��i of Trust ne of tbt�dn�nnd yeur firat ubovc�vrltten.
<br /> �=�s. . � TRUST�E. Truatee m•�•eptR thiN Trust whea thia heed of Truµt, duly executed and uckno�v
<br /> � ledged,to mude a pubtic rnnrrd nt�prcrvideci bY IAw.
<br /> ,'-`a��; - ,4;p�, [N WiTN�5.5 WHFf+Rt)h.'1'n�stor hnN exerutecl thie l�e�. uf'1'roKt un of the dav ancl yeur firnt ctUnve.vritten. '
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