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<br /> :�;'�'_.. � .�"�> '� . . . . .. ' "'
<br /> z"I-.', _a��' 1' . ".' ,z .. ' � ' , � -
<br /> �.,� : ��, � ��'`: . o£ leae�s and renta rect�rded agafae� the P�operey. �der. Trus- �� , ,
<br /> � . te� and the recefver ali�l�. be, li�ble to account on1.y far thoae � � �
<br /> '�`� c� ^: � . � ren�e actually seceived.
<br /> _ �.Z. , �
<br /> ' � .. _ � Yi. � �ve tca ef Defau�.�:� The €oZlovring ehall�aa�zietitiute ari . ' . _
<br /> � . � ' ' . . • . Svent of Default under th�,�: l]eed of Trust: � �,
<br /> _` _' �_.,. . . � ' �. , . �
<br /> -.: ' ..� _��'~. . � (a) Fai.lure �to pay any installment of• priacipa�. - . . - _
<br /> � � � or fnterest or any other �m secnrec2 hereby whea d�e; ,• �-
<br /> ��; :�..�. }: ` � . � ,. . . • •
<br /> . �.... . � � .: .
<br /> _ _ . . �'`'::3, . (b) A breach of, ar default under, any pravis�on
<br /> • • � � contained in the Nate, this Deed Qf Truat; any of the
<br /> .. < � °`:�``�:=. Loan iaetrume�ts. or any otlzer `,lien �flr �ncumbraaae upon .
<br /> . ��,_>';%k'i;"� . .
<br /> ,�� �'-° the Proper�y; �
<br /> � . . . . � . . .
<br /> `. . ' •s �` ic) A writ of execution or attachm�nt, or any , • . �.
<br /> ` ` � �" . similar pracesa, shall._ be entered againat Truator wht�ah
<br /> �.�:., � � . ehall become � lien an the Property or aay pflr�ioa o�r _ .
<br /> i �> '.. . iaterest therein; � � ' .
<br /> i. � . . . . . �
<br /> �?_•
<br /> ; (d) There shall be filed by or againet Traetor or
<br /> ,
<br /> �° ��` �'-'��'`��- � Horrcwer.an action under any present or future fed��'al,
<br /> .�. .
<br /> � � , state or ot8er statute, law or regulation relating Ca �. � .
<br /> ' ' bankruptcy, insolvency or other relie£ for debtors, or
<br /> • � � there shall be appoi.nted any truetee, xec�iver or ].iq- -
<br /> ' �� � � � • uidator of T�rustor or Borrower or of, all.a� any paxt df
<br /> � � - ��he Property, rents, iseues or profits thereof,� or � � ;
<br /> . � �• ' Trustor or Borrower sha1Z make any general aseignment, '<*::�,,
<br /> � �.� , for the benefit of creditors;
<br /> ' � (e) The sale, transfer, aseignment, c�nveyaz�ce or �
<br /> • •- - • � further encumbranc� of all or any part of or any inter- • �
<br /> � � eat in the Propert�gc, either voluntarily or involuntar- �°°
<br /> ...�..._
<br /> � � , �. ily, witha�t the express c±�ritt�en consent of Lender or _
<br /> . .� ae othert►�f�e herein permitLed; or �—_
<br /> . . .��� --
<br /> . � ���.=
<br /> � � (f) Abandonment of the Property. �'`�
<br /> . . 'r�:,,
<br /> • ' .i. .:
<br /> � � �. 12. Reme �e • Acceleration U�on DefaL��. In the evesft of ;�_ '_�
<br /> ' `�.;:�'-,> and Event of Be�ault, Lender may, without notice except as '�"=��= �
<br /> ��� , ��`'`'!� required by lar+, declare all i.ndebtedaess eecured hereby to be � ��-
<br /> • � and a ie . and the eame shall thereupon become due and pay- '�.`--,�
<br /> .,:5•, _ due p yab .. _
<br /> able withaut any pPes��nent, demand, protest or notice of any �°6
<br /> :;' . ,'`�
<br /> ,. . ` , kind. Therea�ter, Lender may: =��"°�=
<br /> - ..--
<br /> � .. � . � � � ��.��
<br /> � . (a) �emand that Truatee exercise the POWER OF :�.s-�-=�
<br />°` '�. ' SALE granted herein, and Truetee shall thereafter cauae ' � �`"�
<br /> � ' � Trustor�s interest i.n the Property to be sold and the , ���,������=<<��
<br /> `-�;�::°�, . ;,�. _. : prc;,eeda to be dietributed, all in the manner provided � :'� ����"!'�`� ''-_
<br /> T. ��,';�- . in the •Ne}s�aska Trust Deeda Act; .,;;:. - � _
<br /> . 5- , ' •f� ` .
<br /> i.. •
<br /> � (b) Exercise any and all righta provided £a� in ��� � �,�'�_
<br /> ' � tke Note, this Deed of Trust or by law upon occurrence ��"=
<br /> �. �,, ' of �ny Event of Default; and � ;�:�;�� �.3
<br />_,. , . ;�:�5,1;;��, � '".
<br /> � � (c) Commence an action to forecloae this Deed o� ;A. _
<br /> ` � � Treist as a mortgage, appoint a receiver or specificaliy . � �
<br /> � . � enforce any of the covenants hereof. , -
<br /> . . :....�. �.
<br /> - �� .. ;,j,#� . � No remedy herein conferred upon, or reeerved to, Truatee or '-=
<br /> �� •. • Lender is intended to be exalur�ive of any other remedy herein, in � � �
<br /> �. • Che Note or by lavi provided or pezmitted, but each shall be cumu- � `.
<br /> �; � . . . . lative. shall bz in additivn to every other remedy gfven here- . . �
<br /> � under, in the Note or now or hereafter existing at law or in �
<br /> __ equity or by etatute, and may be exercised concurrentLy, indepen- .
<br /> ��. � ' , �� `' dently or aucceeaively. ,
<br /> � . � �
<br />- � � 13. Truatee. The Truatee may resign at any time without � �
<br /> � cause, and Lender may at any time and without cause appoiat a �..� ��, .
<br /> " ' auccesaor or subatitute Truatee. Trustee shall not be liable to � � �
<br /> � �
<br /> '� -. � � any party, inclu�ing, without limitation, Lenfler, Borrower, Trus- k -
<br /> : � . "' tor or any purcY:aser af the Property, for any loss or damage i
<br /> �
<br /> :._ --- -__ ._ _ .
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