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<br /> �� 0�Gi:�C�S�]CGtil'.'�i�u,l1G(!Y Ci�;c���:�r�s h�?CII:'��-7, �:f.��i�C�::i�fil!i;�(��C�ti7Q U��"U;�l`S C:;L'JiG�{t:7G�i��i�::���1ia2Gi�j�li�G7[��1�+yL'.:")(:;;;�4�i7::,�it�
<br /> � � � ` shal!lhxreupcx�Oeta+ra due arHl�tayoble witltaut p►ASei�t�ner�t,der,x�nd,protes4 or notica of an�k1�i�.jEtreaotStv,Qe��aficia?y c„s;��e1lv�cr ro _ ,
<br /> � ' �� Trustee o writtzn declQrotion of dofault artd demand for sn4�,Truste�shai)have the pawer of sals o41he Proptrty and ii Bsneficimry d�cides tho ----
<br /> "�"a�''••� ��;�p�: Frupety is to b�soF�it shall d�posit with Truzteo thli Da�d of Trusl at�d th�Nota or rwtes ond nny othfr dauments�videnclnp oxRa7ditures
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<br /> �� sscured I�are6y,ar,A sholl delivsr 4o Trusteu a writt�n notice mf defewlt and el�ction to couso th�prop�rty to M soki,and Trustee,in forn,sha
<br />-�y.,�.�,q��y;�_`�,;1,�' pr�pore a slmftar notice in ths fam ret�uired by la����c�:slNl:ta dv���41lc�4c:rccnrd by Trestea, �-
<br />-���-:•,••„. _ s._, (o�After tl�e lapse of suth tim�as may be r�quiral b►►Mw 4olluwiry th�r�torcktlon of Notic�of O�fauit,ond Noticw oi Qofoult und N,.rice o#
<br /> „ , Sob havinfl bean piven as requlrad by low,Trustee, wlthout d6mand on Trusta,shaN scll 1h�Prope+'ty In pne or more pacels ond ir,suth order :.- ,
<br /> ����k• • as Trustor may determine an tha date and at the time and Qlnce d�si�tated in sald No4ice of Sule,at public ouctian to ttN hiphest bidder,the�wr- .�:.,
<br /> : chasa price payeble in cash in Inwful money of tha Unite�f States ot tho tim�af saie.The person conductinp the sal�may.for any couse he or she
<br /> �-r� - �, � ,.„ daems expodie�st,pos4pone the sale from time to tima until It shall be complesed ond,in every such case,notlu of postpa�ement ihall Ae given �
<br /> - ,. . 6y pubiic dectarution thereof by s��ch personas tha tine en�i�,luca last appainted for ths sa1e,�xovided,If the s�le fs postpor�d ffor longer tixm
<br /> �'' � � one (1)day beyond iM day deslgnated In the Notice of Sala, notice thereof shall�a y.yen in tho same maxNr as the aiqlnal Notice of Sal�. �
<br /> � � Trustee sholl exe�ute ond deliver to the p�xchaser its Deed convoying the Property so sold,bu4 wiflw�t any convRnont ar w�orronl'y,express,or
<br /> � impiied.The�ec(tals In the[3eed of any motters or facYs shall bo cortclusive proof of the truthiulness fhereaf. Any person, (xluding�without
<br /> � limitntlan Trustee,may purchase ot the sa1e.
<br /> +� (b1.When Trustea sells pursuant to thg powers hereiro,Trustee shall apply tha proceeds of the sole to payment of the cCSts a�d exp�nses of
<br />_ ?. � , ". exercising the power of sale and of the sate,(ncluding,without limitation,the payment of T�ustee's kes incurred,which Truste�'s F�es shall nnt
<br /> � in the aggrepate exca e d t he fo l lowi n g a m o a n i s b o s e d u p on the amount secured fiereb y and remaininy un�(d, ��+ter,tu7�a th,a t,:larn�
<br /> � • -- thereof;and then to the items set forth in subparagraph (c)hereof in the order therein stated. _
<br /> (e)After poyinq the items specified in subparagraph(bl,it the sale is by Trustee,or the proper court nnd other costs of fo�eclosure and sole
<br />• � ,• „ if ttee sale is pursuant to judicial foreclosure,the praeeds of sale shall be npptied in the order stated below to the payment u�f:
<br /> ' � � (1) Cost of aRy evidence of title procured in connection with such sale and of any revenue required to be paid�
<br /> ' , (2) Attorneys fees;
<br /> . � (31 All sums 4hen sewred hereby;
<br /> (4) Junior trust deeds,mortgages,or other IierJ�olders;and
<br /> . (S) The remainder,if any,to the person or persons legolly entitled thereto.
<br /> � (d) If the Beneficiury of this Doed of Trust is u banic as definea by i3ebrasko iaw,ony siaie�iiei�i i.vi�iui��@u ii.�R�LSI'�;s':�'sas►af lhi:s!�
<br /> • notwithstandi�g,the Deneficiary shall not be entitled to receive or take and debtor shnll not be obligated to pay or givo;any confession of judp-
<br /> :�,I�� ment,power of attorney to confess judgment, power of attorney to appea�for a borrower in o judiciol proceeding or agreement to pny the costs
<br /> � of collectian of the attorneys'fees,unless such acts of colleetion would�+ot otherwise he prohibited by Nebraska law.Provided, howaver,that
<br /> this section does not opply to the Trustee fee referred to in pflragraph 6(b).Provided further,that 9his paragruph shull not apply to this Deed of
<br /> Trust,if the Beneficiary is not a bank. —
<br /> , ,�+;,:�. �� �p, Alditiond S�eYrit�r Inttr��nt�.Trustor,at its expense,will execute and doliver to the Beneficiary,promptly upon demund,such securi- --
<br /> � ty instruments as may be required by Beneti�iary, in fo�m and substance satisfactory to Beneficiory,covering ony of the Property conveyed by
<br /> • '''�i,r•;: this Deed of Trust,which security instruments shall be additional security for T�ustar's faithful performance of all of the terms, covenants and '_ '
<br /> - conditions of this Deed of Trust,the promissory notes secured hereby,ond any other security instruments executed in cannection with t{iis tran-
<br /> saetion.Such instruments sha11 be recordedor filed atTrustcr's oxpense. _
<br /> ;,,, i 3. ArplrHm�nt of Sucuuor Trusta. Benoficiary moy, irom sime to time, by a written instrument executed and ocknowledged by
<br /> ' Beneficiary,mailed to Trustor and retorded in the county or counties in which the Property is located and by otherwise complying with the provi-
<br /> sions of the applicable laws of the State of Nobraska,substitute a successor or successors to the TrusYee named herein or acting hereunder.
<br /> ' 14. Intpeotlons.Beneficiory,or its agents,represenfatives or workmen,are authorited to enter ot any reasonoblo timo upon or in any part ,
<br /> of the Property for the purpose of inspecting the same and for the purpose of performing any of the acts it is authroized to perform under the �-
<br /> �� terms of the Deed of Trust.
<br /> ,.�.•i ' 15. Oytbe to Wrulote.Upon the occurrence of ony default hereunder,Beneficiary shall hove the option to foreclose this Deed of Trust in
<br /> � ', ,� the manner provided by law for tFe forectosure of mortgages on raal property.
<br /> �'�" 16. Fortbe�aiee 1y ttn�fteiary Nat a Wairer. My faebearance by Beneficiary in exercising any right or remedy hereunder,or otherwise
<br /> � " � offorded by applicab�e law,sholl not be a waiver of or preclude the exercise of any such right or remedy.Likewise,the waiver by Beneficiary of
<br /> _ any default of Trustor under tfiis Deed of Trust shol I not bo deemed to be a waiver of ony other or similar defaults subsequently occurring.
<br /> � "Z ,� .. � 11. �rynor No4 Released.Extension of the time for payment or modification or omortization of the sums secured by this Deed of Trust
<br /> _ . granted by Baneficiory to any successor in interost of Trusto�sholl not operate to release,in any manner,the liobility of the original Trustor and
<br /> � Trustor's successor in intorest.Beneficiary shall not be required to commence proceedings agninst such successor or refuse to extend time for
<br /> � � � . poyment or otherwise modify amortization of the sums secured by this Qeed of Trust by reason of ony demand made by the originnl Trustor and !
<br /> , Trustor's successor in interest. �
<br /> • ' 1 g. B�n�fkhry'�Pow�ro.Without offecting the liability of tho Trustor or any other person liable for the payment of any o6ligation herein �
<br /> mention�d,and without affecting the lieo or chorgo of this Deed of Trust upon any portion of the Property not then or theretofore released as 4
<br /> � }� � security for the full amount ot all unpa+d obligations,Beneficiary moy,from time to time and without notice,(i) relQase any person so liuble.(ii) �
<br /> , *. .
<br /> • � � extend the maturity or olter ony of the terms of any such obligations, (iii)grant other indulgences, (iv)release or reconvey, or cause to be �
<br /> = released or reconveyed at any time at Seneficiary's options any parcel,portion or all of the Property, (v)take or release aay other or additional �
<br /> �f' seeurity for any obligntion herein mentioned, or(vi)moko tompasitions or other arrangements with debtors in r�lotion thereto. I
<br /> „ ,,
<br /> _ _�_ ,_____ __ ____ 19. iuturm Adrwntes.Upon request of Trustor,Trustee at Trustee's option,prior to reconveyance of the Property to Trustor, may make
<br /> � n"J..l_��.:�1��.�.!{..,w� I__
<br /> . � future udvartces to Trustor. 5uch tuture advances,wiTn inreresT mereon,snaii oe aecurea uy����s���s� �.,.,��a.�Q.�..�.R�-...,r,�:ss�.; �.�-
<br /> � . notes stoting that said notes aro secured he�eby; provided that at no time shall the secured principal,future advances,not including sums ad-
<br />- vanced to protect the security,exceed an a�greyo4epri�cipal amount of S •
<br /> � 20. Reconv� onee by TPUStes.Upon wTitten requast of Bennficiory stating that all sums secured heroby hav�been puid,and upon surrender '
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<br /> �� �� • �� of this Oeed of Trust and the Note to Trustee for cancellation ond retention and upon poyment by Trus4or af Trustee's fees, Trustee shall
<br /> � reconvey to Trustor,or the person ur persons Itgally entitled thereto,without warranty,any portion of tho Property then held hereunder.lho "
<br /> � reeitols in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof.The grantee in any reconveyance moy .
<br /> . „ be doscri6ed as"tho person or persons legally entitled thereto". �
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