. _ .�„� .
<br /> ��� ' -
<br /> � .�.- }` �:A . . � � ., :. -:�;
<br /> .
<br /> n �. .,. ,,�.,:�. ..-- -�-= -
<br /> �;:�: ..
<br /> �
<br /> - -�---- -- - . . .-- — -- — -
<br />_.�_. ------�--- -� �� -— - - -t ---=--- - -
<br /> -- --�`..---. - ......__
<br /> , .. _ .. - ,
<br />�__,..._� • „ �,�: ,�. . . . ., . ,, . .. � .. , f ; �-�_
<br />=•< ., � � - . • ,. ;, . .. . . -
<br /> , ,� .. �• - -�
<br /> . .. . .. �� , :
<br /> . . , � ,'z-�
<br /> � �. . " " -�'_'_
<br /> - . .. .. . _ ci .. '. � Y°`
<br /> ,
<br /> .
<br /> ,, .
<br /> ° ' • —'--.,._..____.------ ..... .... ...... .. . ...-__'-----...'-"-."--' .-- .._.. . .
<br /> , �,l, ,da;
<br /> _—._.,__�_ .-----._._..._.... .. _ ._.. .. . - ---�-• --..:....._.1,._.... , . . ..----� � �-
<br /> , �,
<br /> 1 „ '_--
<br /> �±
<br /> . �.
<br /> �fg�:�l:f_(j��'s� �-
<br /> � � other persons and any and all property therefrom, and may hold, operate and .��.�
<br /> " ; manage the same and receive all earnings, income, rents, issues and proceeds .
<br /> accruing with respect thereto ar any part thereof, whether during the pendeiacy •
<br /> , of any foreclosure or until any right of redemption shall expire or otherwise. ,
<br /> (e) Taking Possession, Collecting Rents, Etc. Beneficiary and its
<br /> agents or assigns may enter and take possession of the Mongaged Premises or
<br /> � any pan thereof, with or without legal acdon, and manage, operate, insure, • ��
<br /> repair and improve the same and take any action which, in Beneficiary's ".,.'"_
<br /> judgment, is necessary or proper to conserve the value of the Mortgaged • ,�;::�
<br /> Precr►ises. Bene�ciary rnay also take possession �f, and fax these purposes use, �,
<br /> .. any and all personal properry contained in the Mortgaged Premises and used in „ �;
<br /> the operation,rental or leasing thereof or any part thereof. Beneficiary shall be �
<br /> � .. entitled to lease the Mortgaged Premises and to collect and receive all earnings, ����'�
<br /> � revenues, rents, issues and profits of the Mortgaged Premises or any part '� �..-
<br /> thereof(and for such purpose Grantar does hereby irrevocably consritute and
<br /> l appoint Beneficiury its true and lawful uttorney-in-fact for it and in its narne, i �.�
<br /> ,J * ,J ' .� .
<br /> .--------- = Ntac� ar�U JLGaU tU T�.1rNIY�.�4VZZ��i �Ifit3 T�CCljJ: for all�f the f�T�bL`:i2�',(:r�ntnr �_ . __
<br /> � irrevocably acknowledBing that any puyment made to Beneficiary hereunder
<br /> shall be a good receipt and acquittance against Grantor to the extent so made) � `�
<br /> and to apply same to the reduction of the indebtedness hereby secured. The � ti� ,
<br /> right to enter and take possession of the Mortgaged Premises and use any
<br /> , � � personal property therein, to manage, operate and conserve the same, and to �"��'� �
<br /> lease the Mortgaged Premises and to collect the rents,issues and pro�ts thereof, ' ; ��< �
<br /> shaU be in addition to all other rights or remedies of Beneficiary hareunder or �
<br /> . afforded by la�v, and may be exercised concurrendy therewith or independently i
<br /> thereof. The expenses (including any receiver's fees, counsel fees, costs and � ;'��^�-
<br /> agent's compensation)incurred pursuant to the powers herein contained shall be � ' '�
<br /> so much additional indebtedness hereby secured which Grantor promises to pay �
<br /> upon demand together with interest at the Default Rate. Bene�ciary and the �
<br /> Lenders shall not be liable to account to Grantor for any action taken pursuant ; '' �{
<br /> hereto other than to account for any rents actually received by Beneficiary or , r�
<br /> : such Lender, as the case rnay be. Without taking possession of the Mortgagetl � �'°
<br /> � Premises, Beneficiary may, in the event the Mortgaged Premises becomes , ��'-• �-
<br /> vacant or is abandoned,take such steps as it deems appropriate to protect and �
<br />' � secure the Mortgaged Premises (including hiring watchmen therefor) and all
<br /> costs incurred in so doing shall constitute so much add'ational indebtedness
<br /> � hereby secured payable upon demand with interest thereon at the Default Rate. .
<br /> � (f� Exercise of Power of Sule. If Beneficiary elects to sell Grantor's
<br /> interest in the Mortgaged Premises by exercise of the power of sale herein
<br /> , contained, Beneficiazy shall notify Trustee in the manner then required by the
<br /> Nebraska Trust Deeds Ac:t (Neb. Rev. Stat. Section 16-1001 et seq.) and any
<br /> � amendments thereto or repiacements thereof(the "Act"). Upon receipt of such ,
<br /> � notice from Bene�ciary and at the direction of Beneficiary, Trustee shall cause .
<br /> to be recorded, published and delivered such notices of default and notices of
<br /> � -14-
<br /> t .
<br /> :�
<br /> . .. .... _............ ...........----._._-----�- ---.. .. . ..
<br /> s �
<br /> ._. _ _..... ..__. ... .
<br /> �
<br /> �„
<br /> ^` ,
<br /> „r �
<br /> �-
<br /> �
<br />
|