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<br /> � ` ' (�}IlTiustariano2antndlvidual.thatssaance.8�i�bansfe�.�IInmenteonvsyenc�ov8ncuinbrancootmorethanetfl�l ,� � � w_:
<br /> ' at.,._—.percentct pt a corporatton)tie tesued and oufatanding stock or(H a pa�erehtp)a tomt of pe�cant oi �� �- _
<br /> � ��� � . � . parinershtp Itrieresb du8ng the perio0 B�ts Oeed oi 7nmt remains A f(an on t1�a i�ra}teRy. _ �`���" -•
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<br /> , � ti , 12.R�Atia�r�n!lpss�0�uri�ntheedeniofanyEventot0etauitLendermey,wlthoutnoUcsexcstrtasrequtred$y ; .r.�:z{���
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<br /> ta�e►.dect�re e!!indebtedness secured Aereby to be d�e and payabte and tha same shatl tAereupon became dua errs p3yab!o -.,,�,�.-..- -
<br /> �.�, . .without any presentmen�demanA,pratest or notlee oi ariy ktnd.Thereaftar Lender may. • E�t "� �-=
<br /> ..�•, _ � � '��, (a)Qemand thst'fruatea exercise tfle POWER OF SALE gratitad hereta.and Truatee shall thereaRer cause Trusior'e :r ,�`��;.:
<br />=.� � . interest tn tt�e ProAeRy to be so18 and tlte proceeds to De distribuUed,ait tn Ne manner provIded In tlte NeDraska Tnt�t Deed� -7. � ,.
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<br /> � ° ' - ,. (b) Exercise any end ati rights provi8ed tor in any of the Loan tnstrumenb or Oy taw epon aceurrence of any Event of • •-z''� r __
<br /> � • - - - - Ceisu(t and � � �.� Y,"`" �.--- .
<br /> , } �� • (c)Commenceansctlontotorectosethis0eedo47rustasemortgage aPDotnterecetver.orspeciftcafryeMorceanyo4tlie �a��� �
<br /> � covanants hereof. � �`; -i ,
<br />-�.� . • . No romedy herein contarred upon or reseroad to Trustea or Lender[s intended to bs exctusive of any ottie►remedy Rerein.In fhe .,.�„,;.��,r�,��
<br /> -� - - Loan tnstruments or by Iaw provfded ar permitted.but eacA sdaU be cumutative,at�all ba in addiUan to every other remedy glven ,;{��'�.;;,�.2_�--
<br /> � fiereunQar.Inthe Loan(nstruments or aow or hereafter exist(rtg at Iaw ar in equiry or by statuta.and may be exercised concurrentty.
<br /> � ' •� • inQependently or succe..gstvety. ��`,�,� -,` - --_
<br /> ` 13.Tiustee.The Trustee may restgn at airy tims without cause.and L.ender may at any Ume and without cause appoint a ' ��,,� _
<br /> �°-� .� ,- t , s�tu�ssororsubsUtuteTius�a.Trusteeshailnotbeliabteto8nyparry.inchcdingwitRautiimiffitlonLender.6orrower,Truatororerry ���— _-
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<br /> - �� ' ti : purchaserottheProperty.taranytossordamageuntessduetoreckteasarwilltulmisconducf,andshailnotGerequiredto�eny �`'�s ��.�__--
<br /> � ' actfon in cannecUon witti the entorcament oi this Oeed ot Trust unlens indemniHed,in wrWng,tor a!!casts.compensatfon ar •-• d�--_
<br /> � . expenses vrhich may be associated therewith.tn�RditIon.TrusUse may become a purcheser ai any eate oi the PrapBrty Qudlciat or �'� — =
<br /> .. . under the power,of sale granted herain};postpone the sale of ail or any porUon oi the Property.as pravtded by faw;or sett the � �.-=�-, ._
<br /> • � • Praperty as a whote,or in separate parcels or lots at Trastea s discreUon. • ' �'''Y �__
<br /> �. 14.,iNa and Ezyentai.In the event Trustee setts the PropeRy by exercise of power oi sale,TrusDee shall De entltied to appty �L,l�:
<br /> _• � . � eny sale pmceeds first to payment of alt casts and expenses oi exercising power ot sale.including all Tiustee s fees.and Lendera e -
<br /> '-` . .' .. andTrustee'sattomeylstees,actuallyincurredtosxtenipermittedbyappiicabtelaw.fnthesvent8orrowerorTnutorexercisesarry >'�;;�.=^-�
<br /> , .� �.� •' � �fght provided by taw to cure an Evant of Detault.Lender shall be entiUeO to recover irom Trustor ail costs and expenses actualty • s;��__� _
<br /> ..
<br /> ___ .,.:_ :` ,� i�cuRed as a,resuit of Tnrstcrs defauk,inctuding without limtffiUon a11 Trustee s ertd attomeys fees,to the extent permttted by ��
<br /> ePPtiCabfe fa�. . . . . ''
<br /> � 15. FL�'ae Advances.Upon request of Borcower.Lender may,at its opUon,make additiaarr�J and tuture advances end[e- �'•
<br /> ' advancestoBorrower.3ucbadvancesandreadvances�wlthinterestthereon,shallbesecuredbyCh.:sDeedafTeustAtnotimeshall `�i'���-
<br />_ � ` . . the prtncipai amount of the indebtedness secured by�.`s Deed of Trusf,g�dn���n��ums advanced to protectthe secur(ty ofthia ��''�""--
<br /> �—.�.
<br /> � . ' � DesO o!Tmst exceed the orfginat principal amaunt s�'=2ed herein,or� • • ,whichever is greatsr. ,:_"�"�
<br /> ' - t6.MisaeIIaneow Provisions. " � —
<br /> ' " (a)Bortoxrar Not Reteased.Extension of ffia tlme tor payment or modificaUon of amortizaUon of the aums secured by this ��
<br /> � " ; Oeed of Trust granted by Lender to any successor in interest of Eorrower shall not operate to retease,in any manner.the Ilabitity -��- ;,�:.=
<br /> •.- , . . of the originat Bonc��rand Borrower's successors in interest Lender shall nctbe required to commence proceedinga against
<br /> � ' �{��� .r . � suchsuccessoror��seWextenddmeiorpaymentorotherwisemod(tyamo:�ationofthesumssecured6ythisOeedotTruat . � ��-
<br /> .�. .,�... . :•.. . , .
<br /> � by reason oi any demapGs maQe by the Originai Borcower and BorrowePs successors in interest � ::�'
<br /> ' �� . (b)Lendtr's Powen.Without aNecUn�ffie liabiliry of any other person liabte tor the payment of any obligaUon herein • � �� �:�;
<br /> mentloned,and withoutafiecting tY�Ifen or charge of this Deed af Trust upon any portion of tf;�Property notthen artheretotore :� - �-
<br />_�„• � . reteasedassecudrytorthetullamountofallunpaidobligaUons,Lendermay.iromtimetoUm22adwithoutnoUce(i)reteaseany :' +-
<br /> �� � �` � � person so liebte,p�extend the maturity or a[ter any af the terms ot any such obtigatlons,(iii)grant other iadutgences,(iv)retease � �'� �
<br /> or reconvey,or cause to be released or reconveyed at any tlme et Lender's option any parcel,portlon cr211 ot the PropeRy, ' =_
<br /> . ' (�)t a k e o r r e i e a s s a n y o t h e r o r a d d l t i o n a l s e c u r i ty t or an y obli gatlon herein menUoned,or(v�make co...�ositlons or other ��.;_ , "
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<br /> • • arrangements with debtors in relatlon thereto. .�r� .:
<br /> • • � ' (cj P'rosbearanee by Lander Not a Watver.Any torbearance by Lertder in exercising any right or remedy hereunder.or , � ,
<br />_= _ � othens�:sa a�erded by appltcable taw,shaU not be a waiver of or prectude the exercise of any 9uch rlght or remedy.The �; �+� •.
<br /> - � ' � � _ procurement a9 insurance or the payment oitexes or other liens or chargea by Lender shall not be a waiver of Lende�'s rightto �•,��� -� •
<br /> '. ' • . 8cceterate the m�,�i*.q�of the indebtedness secured by thfs Oeed of Trust �' `�� ���
<br /> � ' (d)Sueeeas�ra a:sd Astlpns Bound;Jot�t and Several Uabipty;CepBo:��.The covenanta and agree�:anta hereln con- :: :. '•;.�:�
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<br />-�rr' �� � � �• talned shatl bind.and the rights hereunder shail inure to,the respective successors and assigns o}LenCer and Trostor.All ,,�. ._..�!.-,��
<br />.:�:; covenar�and agreements of Trr�:;�r shall be joint anG severat.The captions and headings of the paragraphs ot this Deed of ' ;r,!�: `
<br /> - - •. Trust are br convenfience onty a�d are not to be used to Interpret or define the provlsions hereoL � �:�_
<br />_ ;�. �...:. _ .
<br /> x : (e)Rpusstfor Nol1eH.The perties hereby requestthat a copy of any notice of defauit hereunder and a copy of arry notice � . • •�r� -
<br /> � � o!eafe horeunder be mailed to each party to tt�:s Oeed of Trust at the eddress set tortb above in the m2r.ner presa8bed by � (�. �
<br /> ' `.' � • applicable taw.Except for any other no�tce req�`r�d under appUcable taw to be givan in another manner,a-y notice provlded . ; r
<br /> .,,# tor in this Deed of T�ust shali be given by maiting such notice by certifled mail addressed to the oiher partiea atthe address set , �.;:
<br /> toRtf eCove.Arry nottce provided tor in this Oeed of Trust shall be eHective upon maiiing in the manner designated heretn.It �_ ,.. ,:��,��{
<br /> .� _. �.. Tru5tav 6s more than one person,noUce sent to the address set forth above shall be notice to ail such persona �1r,;� . _�_�,.
<br /> �� {,�`, (;}lntpeetian.Lender may make or cause to be made reasonable enUles upon and in�itons ot the Property,provided ��, ,: a;r �.
<br /> �;.�,.°• : • that Lender shatl give Trustor noUce prlot to 2r,y such inspectton specifyirsg reasonable c2use tt�eretor cetated to Lender's , . �. `��,..
<br /> .� ': • , • • Interestin the Properiy. E�.. .- ,��
<br /> � � ' (fl)R�eonvayanee.Upon payment o1 a�l sums secured by tMs Oeed of Trust,Lender sha►1 request Tr�s'ae to reconvey the � • . , `�;
<br />°;; �.. .� PropeRy and ahall surrender this Oeed o?Trustand all notes evtdencing Indebtedness secured by thts Deed of TrusttoTruatee. •
<br /> � - - T►ustee ahall recaeveythe Propertq-withoGi war�anty and wi:4:aut charge to the person cr persona legalty entltied thereto. �� . . ,"•„�_�
<br /> � .,. � TrusLOr shall pay ell caBb o!recordaUon.i!any. � � . � �t '
<br /> � • . (h)P�non�l Plpperly;Sfcurity AynlmMt'As addiUonat security for the payment ot the Note,Tn:�tor hereby grants ' '` `
<br /> �,� .
<br /> '��. t.� • • lender under ths N�dr&aka Unitorm CommB►Clal Cadea securiry lnterest in a!t fixtures,equipment,and other personaf property � S'}��;
<br /> �= used in connecUnA with the real estate or improvements located thereon,and nototherv4se dectared or deemed to be e paA of � • . .��
<br /> .=i!: `.
<br /> �,�•• , the real estate secured hereby.This instrument shail be constnted as a Securiry Agreement under said Code,and the Lender . •'�i
<br /> :��,, � �. � shalt haveaB the rigfits end remed:es of a secured pariy under said Code in addlUon to the dghts ana remedies created�ndor :�
<br /> :}� . . • ,� ,. . aad�czorded the Lender pursuantto this Deed o!TrusZ provided that LendePs rlghtg and remedles under thls paragraph shall � . � � ' �
<br /> ���• be cumula8ve with,and in no way a IlmitaUOn on,Lender's rights and remedies under any other securlry agreement slgned Dy � "`�' �.�
<br /> '�� • � ' � ' Borrower or Trustor. � � : `�.+�
<br /> '-'o- �;, . • � (ij Lt�ns and Enwmbrancts.Trustor hereby wanants and represents that there is no defauit under the proviaions a1 any � � .i
<br /> -'��.�' : � • • , , martgage,deed of trusL lease or purchas�contract descrtbing a11 or any part oi the Property,or other contracL InstrumeM o► i � �'�
<br /> "��y agreement conEtlwUng a Uen or encumbrartce agalnst ail or any paA of the Property(coltect(vety,°Uens'�,extsting as of ths � . . `
<br /> ��• � �� dat�at this Deed of T►ast and that any and atl existing Liens remain unmodffled except as disctased to Lender In Trustor's f :
<br /> -'�,: • } written disclosure•of lien9 and encumbrances provlded for herein.Trustor shali Umely peAorm atl ot Trustor's obtigations, �. �;;
<br /> " ' covenants,represenffittons and warrdnties under any and e118xisUng and tuture Liens,shall promptty tonr�ard to Lender capies
<br /> : # .�, o!all noUces of Qetault son!in connecUon with any and eli existing or tuture Uena,and shall oot without LendePa prior written : . , �
<br /> • "z�...'ti ---., .' � . . _ consent in any manner modity the provisions o}or altow 8ny tuture BdvAnces under any exisUng or tuture Liens. ' � �__
<br /> .:j� ` �. �)Appiteatan o1 paymentl.tJnfess otherwise�equired by lew,sums paid to Lender hereunder,Including withou!Iimita�on i '_ ; i
<br />- •. 4. , paymeMS of principal end Interes�insurance proceeCs.Condemnatlan proceeds and rents end profits.shatl be apptied by
<br /> � ' � LendertotheamountsdueanCowinglromTruatorend6orrowerinsuchorderasLenderinitssolediscretiondeemsdesirabie. _ .
<br /> �•� _ � (k)&sv�rab�ity.lt any pravislon of this Oeed of Trust coMlicts witi�eppiicable law or is deciareA invalid or otherv�tse � ��
<br /> "•;-. � . unenforceabfe,sucb contlict or invalidity shatl no!aftect the other provisons of this Deed ot Trust or the Note whicb can be • ; I
<br /> �__�':�s. ,. � : • v glveneffectwiihontthecnnfflctingprovisiort.endtOthi88ndtneptOV18i0�9otthisDeedolTrustandtheNotearedeGaredtobe � < '
<br /> .�;. '- - -� severable. - ---- -�:��
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