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<br /> ., i6. 0 tion to Forecloso, Upon thc occurrcnce ol any dclault hcrcundcr,Acno(iclary shal!havo thc optiors to • "� ��`
<br /> '.. toreclnse this Truu Dccd in thc manncr providcd by lavi lo�thc foreclosurc ol mortgapcs on tcal propertY. �,"ti;•�-�=;�'�_
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<br /> �.. ' � 17. Forcbcarancc by 8cneticiary or 7rustcc Not a Waivr.r. Any lorcbcaranca by Ocnnficiary or �'rustcc in ,e_,.a4:us3;-^r^�-`
<br /> axorcising any right or remcdy hcrcundcr, or othcn�isc at tordcd by apnlicablc law, shail not bc a waircr of or pra• �a+t.�_
<br /> cludo Yho oxc�cisc of any such iipht or remcdy 13crcundcr. Lil�ctiviu, thc waivar by (lcncftciary or 7rusccc ot any �,��G_��-' '� —
<br /> ' . dc(aulc of Truscor undcr this Trust Dced shall no�bc dcc�md to bc a waivcr of any othcr orsimilar dclaults subsc- -_-- -- -
<br /> quCntlyoccurring. � ��'�..�.:Y- __
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<br /> 18. Trustor Not Rclensed. Extcnsion of thc tirne for payment or modt(icadon or amortixationot the sums ".::;,-M�"°.------
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<br /> saared b this Trust Oned ranted by Beneficiar to anysuccessor in intcrest ot Trustor shall not o eroto 8o rele�so °m-��---
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<br /> in any manner, thc liability of thn arifllnal rrvstor and Truscors successor in intcrest. Eieneficiary�hall not be _�;�_�__
<br /> required to eommence proceedin�s a�ainst such successor or rc(use to ex[end tima for payment o�oYhCnvise modlly =--_=_e
<br /> amortization of thc sumx securcd by this Trust Occd by rcason of any dcmand madc by thc oripinal Trusto� �nd sAr:�� --
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<br /> � 1�J, acncficiary�s Powcrs. Without aHocting thc Iiability of thc Trustor or any othcr person liable for thQ -
<br /> ' paymcnt of any obli�acion hcroin mcntioncd, and wilho��l af(cctin� thc lic� c,r char9n o( thia T�ust Dcad upon -__ _ __ _ __
<br /> any portion of�hc Properry not thcn or thcrcto(orc rctcascrl as sccurity tor thc tull amount of all unpaid.obligations, -r-:.-�
<br /> Benc(iciary may, from timo to timc and wilhouc noticclij rcicasc any person so liablc, (iij cxtend thcmaturityor =�--
<br /> altcr any of thc tcrms of any such obligations, (iii)9rant othcr inJulgcnccs, (iv) rcicasc or rcconvc.y,orcausc to b¢ ���';"�`-=--
<br /> , rcicascd or rcconvcycd at any timc at 8cne(iciary�s options any parccl, portion or all of thc PropertY,lv)take or ^°N
<br /> release any other or additional socurity for any obli�ation herein mentionecJ, or (vi! make cor�positlons or othur i' '�
<br /> • . ar�angemcnts wi[h debtors in rclation chereto. �'':
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<br /> 2p. Rcconvcyancc b rLTrustce.Upo�writtcnrcqucst of Ocncficiary stating,that all sums secr�rcdhetoby have _____
<br /> � baan paid, and upon surrcndcr of thls Ttust Oced and thc Notc co 7rustcc for canccUation�nd retcntlon and upon ''� _ _
<br /> paymcnt by 1'rustor of Trustce�s fees, Trustco shall reconvcy to 7rustor, or thc'penon or persons Icgally entidCd . ���'; ti�;;.
<br /> J -- - tncrcco,wi[�out warranty,�ny portion oi cnc "rropercy'�i�cn iiciu iicrcundcr, iiic,rcyii�is i�i iu�ii f I:bV��rv''yozs.:�: :1,'' �_,
<br /> '. any m�ttcrs or facts shall bc conclusivc proof o(thc eruil�(ulness �hcrcof. Thc c�rantcc in any rceonvcyancc may bc +, �
<br /> described as��thc person or persons Icgal ly entidcd chcrcio". , '', � ,
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<br /> 21. Notices. Except for,any notices, dAmands, requcsts or other eommuntcations requ(red under applicablo �
<br /> , law to bc givcn in anothcr•manncr, whenevcr Oc�cliciary, Trustor or Trustcc givcs or sarv¢s ony notica(includinQ,
<br /> �� � without Ilmitation, notic� af dcfault and noticc ol solcl, dcmands, rcqur.ts or othcr communication wfsh respcct �
<br /> to thls 7rust Dced, cach such notice, demand,�repuest or other communication shall be.in writin�and thall bo , � j'�� �.
<br /> eNective only it the sama is delivered by personal scrv ice or mailed by certitiecf m�tl,postage arepaid,return reccJpt
<br /> tcqucstCd, addresscd to thc address as sct tonh at lhc bctiinnin�of this Trust OCCti.Trustur hnrcbti rcquosu that a � ,�
<br /> . copy ot any noticc o(dcfault,any noticcot salc, rcquir�l or permitteJ co bc�iven thc 7rus�on c�rcundcr, be mailcd � � , ` ' � _
<br /> to it a�thn address sct forth at thc bcpinninp of thfi Trusc Oced. Any party may.,�t any timc changa iu�ddress to� - •�.m.'�i"�^�
<br /> sueh notices by. dclivcrin�or maIling to thc othcr panici hcrcco,as aloresaid, a noticn af such changc,Anynotiea 'Y'f! �� . �r
<br /> � hercundcr shall bc dccmcd to havc becn�iven to 7rustoror Ocncliciary,whcn given in thc manncr dcsipnaccd horain. =� �
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<br /> ' 22. Govcrning Law.This Trust Decd sh�ll bc goverr�cd by thc laws o(thc Swtc of Ncbraska. (;�=r
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<br /> 23. Succcssors and Assigns. 7his Trust Decd �nd all icrms, conditions and obligations hcrcin�pply to �nd ��
<br /> , Inure eo the bencfit of and bind all parties hereto,thcinc�irs,Icgatees,devisecs,personal rspresentativef, sueeessott 1 �l
<br /> and asslgns. 7he ►crm ���cne(iciary" shall mcan the owncr and holdcr a( the Notc, whether or�ot named as[3Cne• ~' t�
<br /> . ., ficiary hcrcin. �
<br /> l 24. Joint anci Several Liability.All coven�nts a�d agrccments of Trustor shall be joint and severol, • �
<br /> 25. Scvcrability. In thc cvcnt any onc or morc ol thc provisions conwincd in this 7rust Dccd,ortha NotQ or
<br /> � any otMcr security instrumcnt givcn in conneclion with ihis for any rcason bc hcld to bc invalid,illcgal orunenforcc•
<br /> • � ablc tn any respcct, such invalidi[y, illegality,or uncntorccability shall, at the option o(Bene(iciory,nat a(fect any
<br /> othcr provision of this Trust Dced,�ut this 7rust Occd shnll bc construcd as�if such invalid,illepol,o�unenfarceablo �
<br /> provision had nevcr been contained herein or tlicrcin. II thc licn of ihis 7rust Oced is invalid or unenfarce�ble as to
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<br /> any part of thc deb�, or if thc licn is invalid or unen(orccal�►c as to any part o.( thc Proucnv, �tic unsccurcd or
<br /> partially sceur�d portion al thc dcbt shall bc eompletcly paid prior to thc paymcnt ol thc remaining anJ sccu�cd or �
<br /> panially sccurcd portion o( thc debt,and all paymcncs macJc on thc dcbt,whcthcr voluntary or u nder foreclosurc or � .
<br /> other en(orcement action or procedure, shall be consicJcred lo have be:n first paid an and applieJ to Ihe full pay
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<br /> 2G. Numbcr and 6cndcr, Whenevcr used hcrcin, thc singulor numbcr shall includc thc plural,thc plural, �
<br /> thu singular,and thc usc ot�ny gcndcr shall bc appticablc to all flendcrs.
<br /> ' 27, Aeccptance by 7ruscce. 7rustec accepu tlus Trust wlicn this Trust Oced, duly execu[ed and acknowl-
<br /> edgcd, is madc a uublic rccord as providcd by law. �
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<br /> Rcv.7/04 Pagc� oI G - - - �
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