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<br />„ „ , (d) h wrlt of axautton of ettaclmont or any eim�iar pmcaas shel) be untered np�tnat Truntor �}iw-,�`,�.,�',;.ai V_._
<br /> HN�ch ahall bocar�a e 11en on tho 'iruot f.atn¢o or any port1on Lliarcof or intarost thorotn an� such oxacutlan, I ' ' .°.;:--.
<br /> ,,,,; sttac�mant, or B1mllur procaso of �udp:nont ta nuc rulcasad, L•a�sd. uatf�ftcd. vccatcd, �r at�y�A �i1tMn � . • _ __-
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<br />-- - 'e>e.� elxty (60) daye �ftor 1ts ontry or levyt a+' '''� :'�`.:`'-
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<br /> (a) Tho Yrust e�tata, or eny part tiwreof, te sold, eonvoyed, transforred, encu^:bared, or full �,� J C�__,-
<br /> "� ��. ^ ^'' ;��� poseossory rlphts theraln are cransforrod or �ncumborod, whotNrtr voluntarlly or lnvoluntartly or by
<br />�_ _ ��, oparatlan of laM without �ha pr7or �rritton conaent of Oenaficiary� or a.' r
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<br /> �" (f) lhere hns xcurred a brnach of or default under any torm covanants. ayrnrnonk, condition, , .
<br />- ',;, ' �.- provtsion, ropresenttitto�, or warranty cantainecf in aiyr of elie La�n Instrurcnts. .• `-
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<br /> �`�� �� 11, Aceolaratlon Upon �ofault Additional Rmiodlei. (n tha ovant af ony dofault Elonoficiary mny ( ����'u�_
<br /> doclnro all indebtednoss socured horeb to bo duo nnd a ablo and kho samo shall tiwreupon be.•ecxno duo and „ , ` '';''�
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<br /> �� , payablo fortM+ith, althout nny pro3an4mont, domand or ru�tico af aay kind. Thoroaftor, Bonnfict�ry mayi � �•r��"�:,:;,,,
<br /> ±y_;r,_ . . . ,._�;, (i) Eithcr in paroon or by aponL, Nith or wtthout brinqtng any nc4lon or procer�ding or by a =- ' ��
<br /> -;.,�•_ � • • racolver appo/nted by a court and M14hout regard to tha adoquacy of 1ts securtty. antor upon and Gko �;__,_.___
<br /> ' . possossion of Lho Trust EsteW, or any part tFwreof. 1n ita rnen namo or 1n tho nart,e of Truet�w, and do any •+_:?-�3•
<br /> acts which it doems nerossary or dosirablo W p��eserve t!w valua, carkotab111ty or rentablHty of th9 Trtist - ---
<br /> . :,: Eststo, or part Chereof or tntorest thoroin, tncrenso thc� tnca�no thorofrom or pv+otect tlw aecuHty horaof, _,".•G_""
<br /> � ' ar�d, M�th or wittwut 4akirq possossion of tho Trust EstaW, suo for or othor,+ise collect thu rents, lssuos, ��--
<br /> and profits, includlnq thoso past duo and unpaid, and apply t►x3 san� less wsCa a�xl oxponses of oporatio� f�.r"!r.�-.•.
<br /> and oollaction. includiny attornoy's fens, upon any indabtedness secured fwreby. all in s�rh ordar as • -'t,•.,Y = .
<br /> � �� � Bonuficiery ma�y dotermine. The enWring upon and taking possossion of the T►vst Estate, the colloction of __ �:,L
<br /> . such rents, issuos, and profits, and tho applicntton thoreof, as aforosatd, shail rut aro or vaive any . ,' °°�np-��j°
<br />� � default or notice of dofault hereunder or invalidato any act dono in rosponso to such dofault o� pursuant to ..._.
<br /> � �uch notico of dofault and, notwithstanding tho contlnuaoco 1n possossion of tho Trust EsteW or tho `;Y--_,—_
<br /> . � � oollection, recaipt, and eppllcation of rents, lssuos, or profits, TrusCeo or Bc»nc�ficlary ahall bo ontitled � __
<br /> to oxorclso uvary rlght provided for in any of tho Loan Instrumonts or by laN upon oecurrnncc� of any ovent "���1
<br /> . ' „ or dofault, including thc� right to oxorolse the poxer of salo; ���' _
<br /> . ��
<br /> (11) Comionec� an actlon to forncloso tMs Daed of Trust as n mortqaqo, appotnt e rcceivor, or � � . ,
<br /> ° sneciftcally enforrn nny of tho eovunants horeoft ��
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<br /> � ,, (111) Dollver to Trusteo a writtc;n declaration of dofault and demand for salo. and a Mritten
<br /> �{�� noLleo of dofault, and olectton to causo Trustor's intorost 7n tho Trust EsteW to bo sold, ah�eh notico
<br /> ' TrusCeo shall causo to duly f11ed for record in tho offietnl reeords of Nuckolls County, Nebraska. •
<br /> " ' 12, poreclosurn bv Pouar of Sale. Should Benoftciary olect to forecloso by�xurciso of thn poxar �.
<br /> of salo horoin oontalned. Bonoficiary shnll notify Trusteo and shall deposit with Trusteo this Dcsed of Yrust '�"��
<br /> ;�;�:. und tho NoLO and such recolpts und ovidunco af expondlturos madu and secured hereby as trvsteo muy requiro. ��
<br /> •i';•':�, .�' �
<br /> � . (a) Upon rernipt of such notico from Benoficlary, Trustee shall cause to bo recorded, publlshed, ,�� �
<br /> " and delivored to Trustor such Notieo of Dofault and Eiectlon to Soll as required by lav and by thls DeQd of � '
<br /> ' Trust. Trusteo shall, Mithnut demand on Trvsto�, aftor lapse or such time as may ttron bc�requlrud by law ,-
<br /> � and aftar reoordation of sueh Not1c� of Dofault and nftc�r Notico of Snla havirg been qiven As requtrad by �
<br /> l.�v, so71 the TrusL Estato aL tho time and placu of salo fixed by 1t in such Notieu of Salo, olYher as a , v '
<br /> , :i . � - .hole, or 1n separate lots or pareala or items as Trusteo shall deem oxpedient, arxl in such ordor as tt may �7 `,�•.� �
<br /> 'r, • �eturmine. at public auction to tho htghust bidder for eash tn lawfui monoy of tho United Statos payablo at �--
<br /> tlw eimo of salo. Trustea shall dolivar to such purchasor or purchasars thoroaf so sold. but without any � � 'j'•'' 1�•:�' �
<br /> _ ,. covonant or varranty. oxpross or implied. Tho recitals 1n such deed or any matter or facts shall bo � ��� i�
<br /> conclualvo proof of thc� truthfulnosa thereof. M1ny porson, including, without ltmitetion. Trustor, Trusteu '
<br /> • or Beneficiary, may purchase at such sale and Trustor horaby covonants to warrant and dofand tho title of ye�-
<br /> • " such noLwtthstanding or purchasors. � l:,'�
<br /> . ;, : (b) Aftor daducting all costs, fcos, and oxpc��ses of Trustco and of tMs Trust, tncluding cosLS of ° �'��
<br /> �; •�'��! ovidenoo of titlo 1n eonnectton wtth salo, Trusteo ahall apply tho procoeds of salo to payiaent of: all sums � ., a
<br /> � �• expended under thn torms hereof, not then repaid, Mith accrved lntorast at t�elvo �
<br /> poreont(12x) pGr annumi ,•'f,
<br /> a11 other' sum3 thon secured hereby and tho remalnJor, 1f any, to tha parsan or persons legal ly csntitled �{'.#. ,'
<br /> . Fwrato. �y
<br /> ,;.'��:'� (c) TrustF:o may, in itxs mannor provided by lax, postponu salo of all or any portlon of tho Trust
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<br /> :,;. 13. APPOtnt+nont of Rer.oivor, lf aqy ovont of dofault shait havo oceurred nnd Do continulnp,
<br /> ' BenAficiary, as a mattcir of right and Nithout notice to Trustor or anyone claiming undor Trustor, and ,"' '
<br /> • ' Mithout rogard to tlxi thon valuo of tho Trust Estato or tho intorost of TrusWr thurotn. shall havo tho .
<br /> t , right to opply to any court having ,�urisdictio�� to nppoint u racoivor or rQCOivors of tho Trust Estato, and I
<br /> notice of any nppllcaLion therufor. +
<br /> � •
<br /> 14. Remedies Not Exclusivo. No remedy horain eonforred upon or reservai w Trusten or
<br /> ' 13onoficiary is tntonded Lo be axclusiva of any othor remcdy hornin or by la�f providnd or purmitted, but sueh I
<br /> t' shall bo c�mulattvo and shall lw in addition to ovory othor remacSy givon horeundor or now or faroaftar
<br /> exlsLing at law or in equity or by statuta. Evory poxor or remndy given by any of tho Loan Instruments to
<br /> • Trustea or Benoficiary or to whtch eithor of them may bo othorv�tse entltled, may b� oxoretsed, concurrently I , r
<br /> or lndopondantly, from tlmo to timo, and as ofton as may bo dcemed expodtont by TrusluQ or Benof•Ic7ary and �
<br /> � oilhor of them may pursuo ineonsistQnt renfedios. Nothl�g horoin shall bo construcd as prohtbiting I
<br /> � Renoflctary from senking a dafieioney,judgmont against tho Trustor to 4Fw oxtont sueh actlon 1s parmitted by I •
<br /> � -_" - -__
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<br /> �V �� 15. Notices and Request for Notic�. Trustor horoby raquosts a copy of any nottco of dofault and ,
<br /> �
<br /> � that any noticc� of salo horeundor bo mailed to thern at thn addrvss sat forth 1n tho ftrst paragraph o this
<br /> Oeed of Truct. Hhanovor Benoficiary, Trustor or T�-ust�w shall doslro to glvo or sarvn any notiee, demand, ;
<br /> � requost, or uthor comnunieatlon Mith raspc3ct to th�s Deed of Trust, esch such notico, demand, rctquosL or , ,
<br /> � • vthoY conmunlcation ahnll bo in Kriting end shall lw offectiva only tf tho sa+ro is dollvared by personal
<br /> 7d ' sarvioo or malYecl by cc3rtifted mail, posLago prepaid, addrossed to tho nddross set forth at tho beginning of �
<br /> �� thts Dead of Tru:�t. Any party may at nny timq changn its addross for such notirn by dolivoring or matling
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