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<br /> 61(it:''J.10�,LX�CU:'.r�, f_';u�rin�,(::R�,fC»CiG'.7IJ,rnd de:r.�r.'1 GYtt�T ih:r�;C.7 61:.v il�fT-C�:""1�7 6)t G:::�:�`,�.�,Il 4��'^(�::��J C.;�)C,;��,l:ll,SJ i
<br /> acaompNSh the rru�fl�;retMr�d to In tRe prececSlnfl parepaph. •� ,� ---.
<br /> � FU.L PHRFORAAA!!��'. If Trusta pAys ntl the IndebiWreese whan dtN,and olhwwfs�p�tams�M IRe o¢�Wp�boral�nppNef upon 7rutla urxNr it�k G _�
<br /> D�ad ot Trusl, Lender shaH exocuia and dNiv�r ta Truste�� requsst fa futl rrconwymr� .na en.� .��e,w nr�a d.�wr �o•rn�sor�ui1�bN
<br /> stalements o1 ferminellon of eny Nnanclna aletemenl on 6b evldenctnp Lendore security interesl In Ihe� Renty mtE Ih�► P�r0on�1 Pro{�rty. Any -- —
<br /> roconv0y�nc�/s�raqufnd by kw 6h+tA b�pel�Ay7�u11or,II p�rmHkQ bY�pPNcobi�I�w. ' �
<br /> n�FAULT. Bach a}tha!ol!awinp,xt the optlon of la nder.cF�l!consllfute an sveN i�f detauH(Ev+snl of DafaufYry unde lt�i D�od of 7ru3t: , ��
<br /> Q�f�uit on Indbbt�dn�as.Feilur�of Trusta ta m�k��ny paymsnt wMn dw on th�IndNrt�dn�a,
<br /> Det�utt on OtMr pymenb. Fviun oi Trustor wrihln Itw Um�raquk�d by Hib DNd N Trusl to m�k��ny pyrsHrd kx I�x�e w Inwrtna,a
<br /> any othar paymenl neces3ary fo provsnl lf8np o!a to oH�cl d�scfwrp�01 any N�n.
<br /> � Compllmce de1wN. FnAuro to comply wHh eup otMr IKm,obNp�tlon,cowrxnt or r,ortditlon contalnsd In Ud� lM�d of TnMi,QM tJoM a in , �
<br /> any of Ih�Rekilad OocurrNnb. If euch�faNura b ctinb�a and if Trustor ha�nd GNn plvsn�nc►tla d�bn�cts ot th�atmr provkbn d MN �
<br /> Deed of Trust within Itso prncodinp lwelw(12)months,It mty be cund(and no Ewnt of Dsfaull wiil ht�ne ooGtKrW)M Tn�tta.�lbr l�
<br /> sends wdtt�n naHc�dem�nding curo o1 such laiure: (o)cures th�tUluro�ilhin IMf�sn(16)d�ys;a (b)H IM cauo��wyuk�s mon fh�n�iMMn '
<br /> (16)days,Imrtwdkdrly InitAtes stepa suMk�snt to curs the faflurs and th�neM�r contlnu�s�nd compNfK d nasonnbN�nd raat�ry sMpr � " �'�
<br /> auMicbsnf to producs compNance a�soon as reasonably praatkal. .. � ►��
<br /> Braehea. Any warranty,represenlatton or statement R�ade a lumished to I.ertdar by or on behali of Trustor und�tAt�D�d ol7rwf,fM Nola � ` ,
<br /> or fhe Retated Documentsl3,or at lhe Uma made sr tumbhed was,taFSe In Qpy,rr�ctsri�l tospec4. , ;r�
<br /> inaotvency. The Insoivency of Trustor,e�pdntment of e re�celver for eny p�rt o}Tnrstors property,any�ssiprun�nl for th�OerfMlf of a�fMqt,
<br /> fhe commancement of eny proaeediny under any bankruplcy a InsoMe►scy laws Dy a apNnst Trt�ata,or Ihs dksdutlot�or Mm�tlon d
<br /> Trustols existence ns e pdnp business pf Trusta Is e buslness). Except Qo Itw oxtant prohibflsd Dy ladKa�Mw or N�bra�ka ww.tM drath qf � �;�� �
<br /> � Tn.nta(tP Tvusta Is en Indlvid�ai)elsu s1w11 cor�sMute en Eveni of Detsuit unMr ih!5 L)e!d ol TrtKt. NoWee�r,Ht��!!i o!e.s�y Tre�!�r�.^.�!
<br /> ! be an Event o1 DefaWt i}as e resuR of the ciealh olTrusla tho Indebtodness b fvMy covsrsd by crrdl Nie instxenor.
<br /> i Forec)oaure,Foriciture,alc. Commencament of toreclosure a torieiture proasedinps,whethet by JudfcW proa�Arp,kN-Mlp,npost�etFon " �
<br /> or any other melhod,by any credita of Trustor a by any gavammenTat agency epelnst any of the Ropery. �bwav�r,tAls sabsecUon shul not `
<br /> � nppy In the event of e pood falth du�ute by Tru�tor as fo the vaHdHy or re�sonobknias oi ths ddm wMch b ttw basls d th�Mncbstx�or ��
<br /> toreleiture proceecAnp.proNded that Trustor pivrt Lender wrltlen notke of euch clelm�nd fumfslws roawva or�suyty bond for Y�c�Im
<br /> 1 satlstactaryroLender. �#r�
<br /> � Brs�ch of Othar Aqreement.Any breach byTrustor under the terms qi any other agreert►ent botwesre Trustatnd Und�r th�t b no2 nrn�dNd �+4
<br /> � wi{hirt any p�ace perlod proWded theretn,including wNhout Ilmltation any apreement conceminp a�ry Indebtedn�ss a otfqr oblf�ttlon ol Tnista
<br /> � to Lender,whethor erY�ting now or later. ' '��
<br /> Events AffecNny Gusrantor.Any of the prece�ng evunls occurs wtth respect to any(iuerentor of any o}the Inclebtedness o►e�ech Ownntor �`"; �"��
<br /> dtes a becomes incompetent. Lender,et Its op9on, may,but ahall not be reqWrod to,pamN the Duannlor's atetl fo assums unconditlon�Ay ,�
<br /> the oblipailons adsiny under Ihe puaranry in s manner sel!sfactory to Lender,and,In doing so,cure Ihe Event dDqttutt. f m---- .
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<br /> RIGHTS AND REMEDIES ON DEFAl�T. Upon iha occuRenco of eny Event o}Defautt end et any time therenfter,Trusiee a Lender,et H!opUpn, �
<br /> may ex�ercise any one w more of the ldlowinp rights end remedbs,In addiUon to nny ofher�hls a remedl�s provldd by Itw: � t
<br /> Acce1antbn upon Det�ulh Additionr�i RemWlf�. If sny event of defnuit oceuro which b not curod within t1iM�� (16)d�ys�fl�r notic�,�.t p�r � •" !
<br /> Ihe ferrtis of the No1e secured hareby,lender m�y declue ail indebtedness securod by thls Deed of Trust to be daH tnd payabb rnd tha aama �
<br /> ahaN tliersupon become due and payabte withuul eny presentment,demand,protest or noNce of any kind.Tt�reafler,LendK rtMy:
<br /> (a) Elther In person or by eflont,wFth a�vithout bdnslnp any acUOn a proceadinp,or by a racaver appoinNd by n court and without ;
<br /> reyard to the sdequacy of its sazudry.enler upon and take possession of the Property.or any pert therapf,In Ib own name or in th�ntrrw '
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<br /> . ot Trustee,and do any ects wh�n il deems noce�,�ssry or desirable to preserva tho vnlue,markotability or rentab�ity of the Property,or part I �'�I
<br /> of the Property or Interost in tho Properly;Inaease the Incomo from the Property or protect the security oiNB Prpperty;and,with w without ��'�
<br /> taktng posst►sslon ot the Property,sue fa a otherwiso collect the rents,fssuos and profiis of Ihe Property,indudinp those pest due Bnd
<br /> ' �•11i
<br /> unpald,and appty the same,less costs end oxp�nses of operatlon end co►lecaon,to eny Indeblodness secvrad by tNs Deed of Trust,all In � ���
<br /> such order es Lender may determine. Thv ontering upon and taking possvssfon of the Property.Ihe co7aciion of suc�ron1s,Issues and � ,
<br /> profits,and the application thereof shall nat cure a walve any detault or naiice of default under thts De^.d ot Trusl or in�a:idate Yny act •
<br /> done In response to such default or pursuanl to such notice of dofauih,end,notwithstandirp the conHnuance in possesslon W the Property `=�', '�•
<br /> or the coik3ction,receipt and upp{ication ot rants,issues or profits,Trustee or Lender shell be entitled to exarCise every ripht proWded tor in � '�'��
<br /> the Noto a tho Retated Oocumenb or by law upon Ihe occurroncd of any evont of defauit,Indudiny ihe ripM to exerclse the powor o}sa{a; ,
<br /> (b) Commence an action to foroclose this Doed of Trust as a mortpage,appoint a rciceiver or specfflce7y anface eny of the covenan�s • +
<br /> hereof;and (�.
<br /> I � " �°� t
<br /> ; (o) Ueliver to Trustee a written doclarfltlon of defsult and demand for sala and a wdtten noUCe of defa�l arad elecUon to cause Trustor's
<br /> , , interest in the Proporty to ba sold,which nolbe Trusfee shall causo to be duly filed for recw�d 1n the approprinle oifices of the County in I� ,��
<br /> � whlCh fhe Property Is locatod;ond .;f. '
<br /> (d) With respecl to ell or any pnrt of the Personal Property,Lender shait have ail ihe rights nnrl romed'�s of a securod party under the � " ,�
<br /> � Nebraska Unftorm Commencial Code. 'A�,
<br /> F• �
<br /> ForGaloeure Dy Power ot Sate. If Londer o!octs to foredoso by oxorclso of the Power of Sale her�ln contnlrted,lantler shalt notiy Trustee end �' �
<br /> 6hail deposif w(th Twstea this Dsed ot Tmst and Ine Note and such receipts nnd ovldence of expenditures rnede end securod 6y this OBed o}
<br /> :Trust as Trustee may requlre. ' ,
<br /> ' (o) Upon recei�t of such nol2sa from Lende�,Trustee shall causa to be recorded,published and delivored b TNStor such NoHce of Dofault �
<br /> � and Notice oi Sate as then requlred by Iflw and by Ihls Deed of Trust. Trustoo shali,w(thout domend on Trustor.aftor such time as may
<br /> • then be requked by law end arter recordflUan of such NoliCe of Default and afl4x Notice of Sale ht�ving bocn glven es requlred by law,sell �
<br /> lhe Property at Ihe Uma end ptace of sele f6ced by fl In suCh Notice of Sab,oithgr ss u whole,or In septrate lots a parcols or Items as �
<br /> Trustes shell deem expedisnt,and In such ader es it may determino,et publk aucuon io the h[ghest btdder tor cagh In lawful money of �
<br /> the UNted States payable at the Ume of snle.Trustee sheli deliver to such purchaser or purchasers thered its pood and suMiclent deed or �
<br /> daeds conveying tha proporty so�old,but vAlhau!any covenant or waRanty,e�res3 or ImpliC�. The re�ls In such daed of any matters
<br /> w lacts shall be conclustve prooi o(the trNhtulness thereof. Any person,Including wlthout Iimitallon Tmsta,Trustec�,or Lender, may
<br /> purchase at such sale.
<br /> (b) As mny be parmltted by law,arter deduCUng ell costs,fees and eu�enses of Trustoo and oT thls Trus4lrscluding costs of evldonca of ,�I;
<br /> tiHe In connection wlth sulo,Tnuteo shall epply the pioceeds ot sule to pnymont o} (I)nll sums expendc3d un da tho torms of thls Deed of
<br /> Trust w under lhe terms of the Note not Ihon ropald,Inctudinc�but not Iimitod to eccruad interest and late charges, (u)atl othar sums thon
<br /> seCUred hereby,a�d (ill)the remalnEer,II any,ta tha pexson or porsons logelty entiUod theroto. �� .
<br /> � (c) Trustee mny In tho mannar providod by law postpono sato of all or uny portion o4 the Property. �
<br /> � Remedies Not Dcclustve. Trustee nnd Londor, and �3ach ot thom,shall be ontlttad to entaCe paymant and pttlo�rmence ot nny Indobtodnoss
<br /> � or oblfgetions secured by Ihls Deed o}Trust and to exerclso ell rights nnd pou►ers under Ihls Det3d ot Trusl, under Iho No�e,undcx any of the `
<br /> Reisted Documgnts,or under flny other flgreem6nt or any la�vs rsow or her6gftgr In forCe;notwlthstandinp, sana a all of suCh Indobtodness �
<br /> , • end ohliyaUons sacured by t�is Deed ol Trust may now or P�ereatter be otherwlse secured,wlx�ther by mortpeQa,dsed o!trust,plodgo,Ilen,
<br /> asslpnment a ottxirwlse. Ndlher the acceptar�of ti�ts Dead o}T►ust nor its ontorcament,whether by court �dov�a pursuant to the power of
<br /> ' sala or ofhc3r Rowers conteined In this Osed o6 Trust.9hell pre)udice or In any manner aHoCt Trustee's or Lender's right to reatirs upon or
<br /> ; ontorco any cfher sauriy now or hereaeer held by TruStee or Lender,If bNng egreed that T►ustoe and Lendor. and oach ot them,shall bo
<br /> enGtled to entorcb Ih�Qeed o}Trust end any other saCUAry now or hereatter hdd by Lender a Trustao In sucA order and mannor ns they or
<br /> either oi them may In thelr sbsotuto discrellon detormine. No remedy conterred upon or reserved to Trusiae cr Lender, Is Intended to bo
<br /> oxctustvo of eny other ramody In thls Deed of Trvst or by law proWded or permitted,bul ench shall bo cumu�aG,re end shnll be In addiiion to
<br /> i overy other romady glvon In Ihls Dood ot Trust or now or hereatter exlstlng nt law or In aquity or by slatute. Every p ower or rem8dy�Iven by lho
<br /> Not6 or flny o} the Retqted Documents to Tnsstee or Londor or to whlch olther ot thom mny ho othe:wae anUUed, muy bo exercised, '
<br /> concurrentiy or Indapendeniry,trom Ume to lime flntl as often as may be deemed expedionl by Trusloo or Lender,and elther ot them may
<br /> pursue Inconslstent remadbs. Nothlrtg In Ihls Ueed of Trust shall be constnted as prohlblling Londor Irorn seeking e doflclency Judgment
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