_ . ° '� .' t `�is.,.c�: . F . . . � � - . . ' . . z.
<br /> • ��- : ' - � ,� .i' ♦ -.. . . . . _.. . � _ • - � °i� - . , . . c
<br /> - ,..,, . � . . . , _
<br /> <, t � - . , • 5. TRAH3FQ1 bF THE PROP�iiY:ASSiIMPTiON.M a9 or mry part af the pmpeRy or interast tharsin a satd.Cans2acred ar � � .� . } �
<br /> —_ . . . ' ` otltenMSO.canvayeai bl►TruaLOr wdttout Benefi�e prior wrlmn aortserR wcduding(a)tha aaad'ion of a lien or etieumbrancs � � _.
<br /> � � ` ..
<br /> . - - � sui�ardu�ate to this Casd o!Trust @)ths cre�ian at es purehase mcnell 6ee�niH ir►t�rast tor dousehol0 aPPlianora.(ej a tranater Cy .�! . . . .i
<br /> �,.,�� ^ , . dovtss.desanR ar by operaHon of fa�v npon the death ot a joint tenmd or(�the grant ot any(aas�t►otd intsasto!th�s�eare Or Iess � ` �c� , , .`a--
<br /> � not oortte�tng nn option to parct+ase.such aetion Is n 6reach of this cgroement a!d Beneftctary may.at B�n�Bc�eiy's aptton.Q�dars p ; .
<br /> • • eR the s�m:s sewred by this Qaed of Tn�st�0 6e immediately due end payah:a,or eaus�ths trus!»to fds e noti�a!d�fauQ. � �} �"
<br /> � ` Ben�Scmry shal!havs v+aived s¢ch optio�►to acaaterate iT Prior W tha sat�.udnafer of eom�yan�.Benefleiary end th�poraon to . � �.• � . �
<br /> whom the pmperty is to Ee soSd or tr a n s f e r r e d ce n e fi agreema m i n w�t i n g t h a!ffi�c r a d A a f s u N t p�r s o n m o a 4 t s t a e t o ry t o�e n�f i�l a ry► � . , _
<br /> ` -, ,;.; ' � end that the inmrast paya6te on tho euma secured by ihis Caed otTrust shntl�e at such rab as Bsn�RNary shatt nquesL I� � ,
<br /> `� .,, • �,c � , C.� S. AC�EISiAltON URON OEFAUl.T:R�1A�IES:SALE.The failura by fhe Ttustor to maln tny Ga7►m�rd or to ptAorm nny of � ` . ' . . ,
<br /> — • . ., � - the terms etid wr�ditions of the lYota.or any rensvrata.modfir,atians ar mdertstons thenof,or tha paymart of any othor fndethQnet� . , . ,
<br /> ' „� � i�� seaued hereby cr in the per[ormanee of eury af the eovenar�or agreemonts hereunder si►aa 6e e broesfi oithis agreemant end t�t •
<br /> � � ' Benafrduy may dactare a defauft and may dedacg aU sums sewrod heraby immediahty dua and payab(�and th�exn�ahell ,
<br /> .`�'!�' �::� .._: - . V thereupan hemme due and paya6le vr�hout p�esarRment demand.Ocotest ar no�ce ot any kind.Ther�aftat,�lnstle:ery may drtivet� ' � .
<br />--:� — t ` .. ' to Tntsteo n ert�ien deetnration of defivaB en0 Qemnnd to►sate.7rustor agreea and her�Cy granW thai tha 7ru�a a�!!A,.-+a tR� `•.- � - --- - � --
<br /> ,.,' ^ ` `, . �' pawer of safe a!ths PmPBKS/and"rf Banefic(ary derldes the Prog�artl►fs to bs so!d ft shaR dapcsl wAP�Ttust��this DeaQ o1 Ttust nnd r `• . . -
<br /> , ffie Nota or noUas and any other doe�metrts evidencing axpenditurea s$eured hereby,and sh�ll deiiver to Taste�e wrtten nottee af
<br /> ot s
<br /> .. ,: . detaug end eiedion to eause the Property to 6e soid.and Trustee.in tum.shaQ propan e sim�i!ar notia in tha fortn a4ufrad Cy faw. .
<br /> ; -r..- -- - . whfd�shallhadulyh'edtorreeardbyTnistee. � . :
<br /> _ ` . (a)p}Ear the tapse of such�ne es may 6e required 6y law toUowing the reeordatlon of[�toGce of Os�end Notlp o!O�faul! .
<br /> � •� +and Notiee oi 3ete havmg been gfiren as required by taw,TrusDee.witl�out demnnd on Truator,aheU esU fh�Prop�rryfa oa� �
<br /> � or more p�ts nnd in eueh ocder as TnisLor may detertnins on ths dats nnd Uw t��and p!n�Q�n Wd in seld Natlr,� j
<br /> .�� . � of Sede,at pub6c auetinn to the highest bidder,tMe puahase pries paynbla in eesh in Inwful monsy ot th�UniMd 8t�s a! !� ° �
<br /> � the time af sate.The person eondacting ffie sata may,for arry eause he ar she daoma��di�nt,po�on�tf►�oet�trom • .
<br /> '` • ` thne to time until�shal!ba eompteted and,in ev�ery such case.nattre of poatpon�mem sha0 b�pnnn by pubGa d�slnretion � •
<br /> sh , `-
<br /> ' - therenf by such peraon at the time and place last nppointed for the sate;provld�d,i�ths eal�i�postpon�d tar tonp�r tAen � �
<br /> •' one(1)day deyond the dey designated in the Noties of 8ele,rtatica theraof shNl b�given in ths samrenanrte►ns th� `. .
<br /> ortgfiN Ql'atice of SNe.TrusUBe sha�execute and daGver to tfie purehaa�r its Da�d convsylnp th�Prop�rty so aold.but , � ,
<br /> � w�hout arty covenant or w�uranty.express.or impGed.The�in the Oa�d af any mann�ts or fads shaU 6�e��fuahn •
<br /> . . Droo}ofthetruthtulnesathereotMyperson.indudingw(thoutGmitation8ensfldaryarTrustN.msypurehac�atths�af�. . ,
<br /> ., , � . ,(E)When Truwme seIIs piusuaat to the powers herein.Trusteo eheU aPAN th�proonds ot ths s�to paym�rn of th�aottr . �_
<br /> - • �---_ . arrd-expenaesof mcercisingthepowertitse[e-end of the sNe.-Including,wdhou!AmitaUon.�ha.paymmt a!TnutriR Ft�� � -
<br /> ' � inwrred,which Trustee's Fees shaD nat in the aggregate eweeed ffie totlawing amounts basad upon th�.amount acund ! �
<br /> . � ,� hereby and remaining unpaid:5 pa�e�►n on Ufe balance thereof;and then to th�items(n subparograph(o)In th�ord�r . ` . , �''-_
<br /> • , thetestated. . � :";-.
<br /> � (e) Aftor paying ffie items cpeafied in subparetgtnpb(b).H the se:a is by Trustee.or ths props►caurt and othv costs of ' ,
<br /> ;-,- s��.�` : �� - foredosure nnd�Ie it ihe sate is pursunnt to judicial foredosure,fhe proceeda of sato ehell bs applled tn ttts ordsr etnt�d •
<br /> �. � 6elaw to the P�nt of: . ' �
<br /> . . , �. (1)Attomeys t2as and eosts of eoVeetlor� ; � :
<br /> ' . •�. (2)Cost of arry evidence af tiUe prowred in connection wnh eueh sNe and ot any tevenue requlrod to 6s patd; ! •
<br /> (3)A(I ohGgatians seeured by 1hb Trwt dee� . , �,
<br /> . (4)Ths remairtder,if arry.ta the persan tegalty entitted thereto. I ' . r ��
<br /> � `•• 7. ADD17iCNAL SECURiTY INSTRUMENTS.TrusWr,at�expense,will execute end defiver to tha Beneflciery,prompUy upon � •;;
<br /> � d�mand,sueM s�wdty lnstn+menb as may be required hy Benefteftuy,in torm and au6stanee entlstastory M Benefcetary,�ov�rinp � ,�i
<br />- � � • a�y of tho Propsrry eomreyed by thi9 Ceed of Tnr�whteh aecurity inctrumento eh�ll be addNonal seeurrty for Truator�faithf�l � . �`
<br /> - • p�tfarmnna ot dl the terms,eovenmrts and conddiona of thts Deed of Trust,the promissory notea secund heroby,and any other , "
<br /> ."', ---- -�--—��"- - e�curity inatrumsnTsexecuted in eortnectron w�lhthis transaetlon.SwN tnstruments sfiall he reeorQed or filed at T►usiora axpansa. ; . . .
<br /> .. . � • .
<br /> r� • ' ' • 0. APPOtNTMENT OF SUCCESSOA?RUSTEE Beneflc(ary mayr,trom time to Gmo,by a wmten instrumant exacutad and • .
<br /> � , . • � ndmowl�da�d by Beneftafaty,mnifed to T�ustor end recorded in tho eounty or eounties in whfelf the PropsRy 19 focdted and by �
<br /> _ . oth�rwlas wmptying with the provisions of the nppfioabte laws of tha State ot Nebraske eubsGtute a sucoessor m suecessoro to the
<br /> �.• • , . . Trusb�namsd harein or acting hewunder.
<br /> ��,. . � • 9, INSPECTION9.Bsneflcimy,or its agents,ropresentatives or workmen,ere authoraed to enter nt any reesonabla bm�upon , .
<br /> � � or In any paR of th�Prop�rty tor ffie purpose o}inspec6rtg the eame and for ths purposs of performinp any of th�ads il la nulhorWO
<br /> . � to p�rforrn unQsr th�brms of tAe Deed of Trusi .
<br /> �� 10. OPTION TO FOAECLOSE.Upon the ocwr�enee of ar►y brench and upon the deGaraGon a1 Qatauft hersundar.B�n�tktary , �
<br /> � . ehaU hav�tb�optbnto torodose this Oaed of Trust inthe manner provided by taw tor ffie torocfosurs of mortgags�on ceN prop�rry. . �'�. .
<br /> ' ' 11. FQREBEARANCE BY BENEFICIARY OR TRUSTEE NOT A WAIVER.Any torahemnnex by BaneflNary or Tn�fti�in •
<br /> • � ' � � �wrdslnp eny tlpht or remedy hereunder,ot othervvise allorded by appC�eable law,shall not be e wahrer of or prectude the�xercls� .
<br /> . , of any�ueh dpht or tsm�dy hereunder.Likewise,the waiver by Benefldary or Trustee of any►defauft of Trustor und�r thi9 Oood of
<br />- - . - - - Trusl ths!1 not 6�dum�d to ba a walver of any othe►or�9imilardefauRs suba�usntly oeeurting.
<br /> .� �!• :,.•
<br /> � ' . • 12. TRUBTOR NOT RELEA8E0.Excension of thetime for�aymer�or modiflaedion or amoNutlon o1 ths euma secun0 by thle •
<br /> . . � �� O��d of Tru�t pranbd by Bmsflclary to wry sucoessor in�tefatL oFtrusQpr ahaY not opemta to reteass,in any mann�r.M�Un611dyr ot
<br /> '� � � th�orfpinal Trustor�d TrustoPa suceessor In tntorest 8ehefl�r.'ary shnll not be requlred to commence prooeodinge agNntt euefi
<br /> ''% auccuta or nfu��to�xtmd tlme tor payment or othervvisa modi[y amort�ation ot the ouma securod by tht�Desd of Tnist by . �
<br /> -- -- �� - naian oi any d�mand mad�by ths orlgtnal Trustot end Trustors suxessot9 in interesR
<br />-> - � . 13. BENEFtClAAY'S POWER8.WAhau!aifecting or releasing the Ilab(tily M the Trustor or erry other pereon IiabU for th� ' � •
<br /> � _ . psym��of�ny obll�atlon Mnln mentloned,and without afteding the tlen or chnrge oi thia Oeed at Trust upon nny portton of tho � •
<br /> '�` " P�opsrty not th�n or th�ntofon nf�as�d as security►for the tu0 amount of all unpald obligaUona.Bsnsflelary may,irom Um�to Um� .
<br /> � end wlthoute�oUa atth�r�qu�nof an�or moreTrustora n retease any person so Ilabie,(u)extend or rensw ffie maturity or efter er►y .
<br /> ' , of th�t�¢ms of any auch obllga6ona,Gi)grant other indutgenee3,(n�j reteese or ceeonvey,or eause to b�rolenced or r000nv�y�d nt
<br /> � � � • „ . eny tlm�d B�rt�flclary'a options any parce4 poNOn or a0 of the P�oparty.(�taice or refease any othsr or add'Nonnt eeeuriry for any
<br /> � ; .. . � obttpttfatf��nm m�nUan�d,(J�i make eompositlons ar other arrengemenb wiU►debtom In retatton tfiereto.All Trustore shnll be
<br /> � _.�l. . � �olnUy end e�v�taly obtipat�d and bound by the adlons of the Bene9clnry or nny trustor as heroln steted. .
<br /> $ ' ' 14. ATTCRNEY FEEB,C09T8 AN�EXPENSE9.If the Benefcinry of thla Oeed of Trust is e bank es daflned by Nebreslm Iew,
<br /> . eny t2tt�mtn!wnWn�d in any ather secdon o1 thls deod notwithstanding,the Beneflciary shall not he er�itted to reaelvs or tnk�end � ,.
<br /> `-•� : _ _. . Q�bto�th�ll not bs obftg W d to pay or flb»;eny eonfession o1�udgment,power o!atiomey to eonfese iudgmeM powsr of atlomey to
<br /> � epp�ar tor e Oorrowir in�i ludlelal proceeding or agreemeM to psythe cosfa of coNecHon or the attomeys'fees,untesa the interest
<br /> �� : : . peyabb by th�prma of lhs Note retertad to in thl9 Qeed is 16%per nnnum or tess,or the note referted to in thls deed ts repayabt�in ,
<br /> � : Mro ot mor��qual or unsquel instnllmants and over a pertod of more thruf one hundred torty-8ve(145)montha.Provldod,however, •
<br /> � . th�t th4 actlan dau not apply to th�trustoa tae reterrod to In Paragrcph B.B@):Provlded turlher that thla Paragraph 8.14 ehall not • .
<br /> '� � ' atdpy to 1hN Oasd o1 Twst H th�8sn�ftdary hereln is na!a bank
<br />-__ 1['—,--.'-— —'-•.— oAtGINAt.p) ,
<br />_-- ---- � .- � eon��aGV.�aeua�m � BOAROWEHCOFYp) aoM2C •'- .- --
<br /> . ���� . • � . 6iETENifOl�COPY(1)
<br />
|