- � •t. t+t� .:t, n ' � ' .. -_t
<br /> _ ' '?' .�•.... � . . .. , .-- _ _
<br /> Y j'
<br /> �. .. . ' � —.�j ' - — ___ ---
<br /> . ,, ' � � �. ' i ,� 1�'�
<br /> .s� � . ,
<br /> 11.�ahr�Y�Mhwkt�+ro�t!*. Upon d�taAP by r►ustar tn th�porrt�M of a •of tM t�nad ca�9ilio�o�
<br /> 1fio Note;�er anY ran�wats,modif Itat�,ons or ext�nslan thr;sof.or tM payment ot any otf�r indebt�urwss�wi o�or in ine pwTamo«� ..
<br /> of cny oi th�convenonts a upr�mant�h���.9�n�fk(ay may d�clar�o!I sums sKUr�d Mr�r imnwdint�iy dw ad paya�N ond tho snma
<br /> choli MNr�upan baar�dw ad payobM without pawntn�t,d�mar�d,prota�t or rwtk�af any kind.ThrrROitsr,&rNfitiary maY d�liv�r ta
<br /> Trust�e a writt�n declaation oi d��auf�ad den�rd tor sato.Trust�s shol!hov�tM pAwrr of sol�at th�PrapKty a►d if 6�lk.iary 4+cid�s Na
<br /> PropNty i�to b�wld It shalt d�posit wNh Trustn this D�ed ot T►us1 a�tM NcN or rat�s and any atfw►dceumints�vfdincii+y fxp�nditurts
<br /> acund Mr�b�r,and shoq deliv�to Trosta�a wrltt�n notk�of tNfauM and�I�etion to cous�tl�Prop�rty to b�so0d�and TrustN,in tum,shnl�
<br /> Rrtpare a sGn3lar rtntiro in tM fc�rm repuireA by lnr�rrhich sliel!M duly Iiletl tor recard by TrustN.
<br /> (a)Aftu tM laps�6f such ttm�a�s may b�r�quind b�r law folbwkg the rKardation of t�totk�of D�foult,crd Notk�.of CNfault ord Natice ct
<br /> So�b hovinp bNn piv�n as r�puind bY low,TrustN,with4ut dx�nd on Trustor,sholl s�ll ttN P►op�rty f a on�or ma�pauls ard in such ord�r
<br /> as Trosta'may d�t�rmin�on tlw dott ond at th�tirrw and ploc�d�sipiatMd in soid Notice of Sate,at publlc ouctloh to th�hlph�st dldder,ths pur-
<br /> clws�prin payobts in cash in lawtul mor�y of the United States at th�tlme of sale.The person cond�+ctinp th�soN may,tor ony couso h�or she
<br /> d�ems expedient,postpone the sob irom time to time until it ahcl�b�compkted and, tn every such cast,notte�of postponert�ent shall b�given
<br /> by publlc desleratIon thereef by such person at the time and plaee last appolnted far the satej provided,if the sab is postponed for lager than
<br /> ono(1)da�r beyand ths Qay desipnated in the Notice of Sale,natice theraof shall be given in the same manner as the original Notice of Sote.
<br /> Trustee stall extcute and deliver to the pu�choser its Deed corneying the Property so sold,but without any convenaM or war�ant�,express,or
<br /> implied.The recitals In the Deed of any matters cr facts shall be wnclusive proof of the trutfifulness thereof.Any penon, including wi4hout
<br /> lir�itation Trustee,may purchase ut the sale.
<br /> (b).When Trostee selts pursuont to tfie powers herain,Trustee shull appty the proceeds of the sale to payment of the costs and expenses of
<br /> exercising the power of sak and of the sate,including,without limitation,the payment af Trostee's fees incurred,whtch Trustee's Fees shatl not
<br /> in the aggregate oxceed the fol�owing amounts based uWoo the amoutrt secured hereby arid�omaining unRoid: 5 percentum on tl�e balance
<br /> thereofj and then to fhe items set forth in subparogroph(t)hereof in the order therein stated.
<br /> � .,t, '. (c)After poyfn8 the items s9eci�ed in subparopraph(b),if the sale is by Trustee,or the proper court and other costs of foreclosure and sale
<br /> +r�t�-;• �''` if the saie is q�usuant to�udiciol forecloss►re,the praeeds of sale shall be applied in the order stated below to the payme�of:
<br /> „�,�c
<br /> r�.a4 .
<br /> �r;t
<br /> "'� t11 Cost ot any evidence of tIlle pracured in connection wiih such sale and of any revenue required to be poidr ��,
<br /> (21 Attorneys iees,
<br /> � " (3) All sums then securad herebyr
<br /> ' `. '���''� ' (4) Junior trust deeds,mortgages,or other tienholders;and ';
<br /> :� ;'��"�s�-'�{;�, ,. (S) The remainder,if any,to the person or persons legolly entitted thereta .-
<br /> .:`�r+�`r'r?:K�`�•;
<br /> `:.:.
<br /> id1 if ir�e 8arreiicaur vf this O�d o�Tnisi is o baal:as dstinad by Nsbraska lari, any:taternent zortalned in anq otlw�s�ion of this deed
<br /> �+�a��_'�-��`�;'� notwithstartding,the 8eneflcfary shall not be entitled to receive or take and debtor shall not be obligated to pay or giver a�Y co�ession of iud8•
<br /> l.i,�,d.,,.�i..;►'r
<br /> ,,:�r� :,-:.•. ,-;,•. ment,pawer of attorney to corifess iudgment,power of attomey to appear for a borrowar in a(udicfol proceeding or agreemem to poy the costs �st
<br /> •�a�•}''''"�'.r�. of collection of the attorneys'fees,unless such acts of collection woutd not otherwise be prohibited by Nebrosko law.Provided,however,that �
<br /> �'�`"`��'`��f'� ` this seet3on does not opply to the T►ustee fee�eferred to in parograph 6(b).Provided further,that this paragraph shall not cpply to this Qeed of
<br /> i�.���.•'��
<br /> 't �ti� ��•`' �? �� Trust,lf the Beneficiary is not a bank.
<br /> �'��f�`� ��' '� 12. A�itMMl See�Nr M�terw�ri.Trustor,at its expense,will execute and deliver to the 8eneficiory,promptly upon demand,such securf•
<br /> ���'Xrtky. �
<br /> � ��+�,,.�,_.;,�+.; ty fnstrumerns as may be required by BeneflGicry,in form and substance satisfactory to Beneficiary, covering any of the Property conveyed by
<br /> this Oeed of Tntst,whtch securiry instroments shall De additional security for Trustor's faithful performartce of all of the terms,covenants and �
<br /> ' - *%�'•�����, tonditians of this Oeed of Trust,the promissory notes secured hereby,and any other security instroments executed In connection with this tran-
<br /> � �''�ti«�.-�• soctton.Such tnst►umerns sholl be recorded or filed ot Trustor's expense.
<br /> 13, A�NI�t ef �u�r Tnste�. 8eneficiory moy, from time to tims, by c written instrument executed und acknowledged by
<br /> 8eneficiary,mniled to Trusto�and retorded in the county or counties in which the Property is located and by otherwise complying with the provi-
<br /> � sions of tho applicable laws of the Stote of Nebraska,substitute a successor or successors to the Trustee rtamed herein or acting hereunder.
<br /> '4�"' �` 14. IesMeNotts 8eneficiary,or fis agents,representatives or workmen,are authorized to enter at ony reasonoble time upon or in any pert
<br /> .....4.'1 w��.. �
<br /> ���^'�h,
<br /> �;.��:�>,�. of the Praperly for the purpose of inspetting tha same mid for the purpose of performing Any of the acts It is outhroized to perform under the
<br /> *�^� - termsof the Deed ofTrost.
<br /> • y.�.
<br /> • ��.' `: • 1 S. Ortten to foreetos�.Upon the otcurcence of any default hereunder,Beneficiary shalt have the option to foreclose this Oeed ot Trust in .
<br /> f -_ the manner provided by law for the fareclosure of mortgages on real property. �
<br /> �'� �'' ".: '- 16. fottM�nq!�l�n�fklary Not a Wairer.My forebearance by Beneficiary in exercising any right or remedy hereunder,ar othenvise
<br /> �'Y`k'"��`'`` effaded by applicable law,shall not be o waiver of or preclude the exertise of any such right ar remedy.Likewise,the waiver by Beneficiary of
<br /> ''�� � any default of Trustor under this Deed of Trost shall not be deemed to be a waiver of any other or s'milor defeutts subsequently occurring.
<br /> ,,,�,`.. � 17. Tnator pot Rtlea�d.Extemlon of the time for poyment or modification or omortization of the sums secured by this Oeed of Trust
<br /> �t�.,.,: ..
<br /> t�,�•;� gra�ed by Benefleiary to any successor in interest of Trustor shall not operate to release,in any menner,the liability of the orlgirml Trustor and
<br /> 'v'`''" " Trusto�'s successor in interest.Benefitinry shall not be required to tommence proceedings against such successor or refuse to extend time for
<br /> '•�a��'��•� � payment or otherwise modlfy amorti:ation of the sums secured by this Oeed of Trust by reason of any demond made by the original Trostor and
<br /> "�� ' �'"� �'f Trusta's successor in interest.
<br /> ���">>�� � ' •`'"' �� 18. �'�►or�.�thoN affecting the liability of the Trustor or any c•her person lioble for the payment of any obligotion herein
<br /> ...:<<�5;•.�.:: . .
<br /> w�•,..;..��.:,:��' mentiorted,and without affecting the Ifen or chorqe of this Deed of Trust upon any pomon of the Property not then or theretofore reteosed as
<br /> `^=�`�S;�i;-,;wr securiry for the full anount of a�l unpaid obligations,Benoficicry may,from time to time and without notice,(i)reteose any person so liobte,(ii)
<br /> '� -"'�'=t�i �••�. extend the maturity or alter ony of t1►e terms o#any such obligations, (iii)grant other indulgences.(iv)releose or reconvey,or cause to be
<br /> ����µ�` M released or retonve ed at an time at Beneffcia s o tlons cn rcel, ortior+or oll of the Pro e {v)take or retease an other or odditionol
<br /> ,:r;., .., Y Y rY� P YPa P P rtY. Y
<br /> _. security for anq obligation herein meMtoned,or(vi)moke compositions or other arrangements with dobtars in re�ation thereto.
<br /> ' - 19. iit�»Adr�nas.Upon request of Trustor,Tntstee at Trustee's option,prior to reconveynnce o4 the Property to Trustor,may make
<br /> s...�. �t.��.. e...t.s.r..� �. ...i�l.i..�...��1w.�... �iu.11 Ae ea�rnel hu+hit T���*t�!Whnn o�idarteed bv nromissorv
<br /> • ' — tVtVfII W�YI�iQi tV��VO�M� �/YY�� •v�NV wtMtiv�l wr�r�r�rrvr��• .�w.�w.1�•w.� ������ �! ....� ..��" ���� .. _ ' . . .
<br /> �=�'`" �� "% � notes statlrtg that said notes are secured hereby:provtded that at no time shall the secured principal,future advences,not including sums ad-
<br /> �..•�.�.�� -
<br /> ~a• - vanced to proteet the security,exeeed an aggrepate principal amount of S .
<br /> ; ",. .. ,
<br /> '�;� " _ 20. basr�Y�na b�Trustu.Upon written request of Beneficiary stating that all sums secured hereby have been paid,ond upon sur�ender
<br /> ��"•��'�'� � �� of this Deed of Trust and the Note to Trustee far canceflation and reteMion and upon poyment by Trustor of Trustee's fees, Trustee sholl
<br />- roconvey to Tntstor,or the person or persons legally erttitled thereto,without warcanry,uny portlon of the Property then held hereunAer.The
<br /> �,'�:� ' recitals in such�conveyante of enymotters or fccts shall be conclusive proof of the truthfulness theraof.The grontee in any reconveyance may
<br /> ,,'�� ' be described as"the person or persons legally ernitled thereto".
<br /> ` �i�
<br /> #*?,�^•'�;���f',
<br /> d�;k: !�!".'i::x.�.
<br /> •_�E_.. �� ' - _.__�__.,__.....' '.
<br />
|