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<br /> -4 ''� ot them,shat!be e�}titted t0 entorce lhis Trust Dead and arry ot�er 5ecuaty now ar hereafter hetd tiy BeRefiaary or TrusgSa In such order and mannet :.: s
<br /> --�.� g3 they er etther ut them may ia their aLso(ute disaeUOn determina.f�[o remedy herein eonierred upon ar resenred to Trust89 ct Bertetidaty is irttended T�:s `:�r> � -___
<br /> -'° •to b9 exclusfve at any ot�er remedy�erein or by�a�v praviQQ�or permitted.but each Shail Ge cumutative and shall he in addtion to every oUtBr remflQy 3.,_ � ;a�r � �_
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<br /> ,.,�.•� giventfereunderorno�NOrhereafterexistingatlaworinequi.yorbystaYute.Everypauverorremedypro�IdedunderthisTnutQeedta7rusteeorBenefteiary . 4 , n r ,
<br /> __ = nr to which eltRer o1 tP�em may bs atfierxise entiUed,may bs e:erdsed,eonwnertlly os InQegenderitiy,from time to tims and as often as may 6e deam9d t�
<br /> --•_�� esped[ent by T�ustee ar Benefieiary end either of them may pursue irtconsistent remedies.(VotAing hetetn shail bs construed as proAiDitlng 6engiiciary " ''�:E.����'--`.�
<br /> T�'r:_ :
<br /> - _�:_� � iram soelcing Q deficiency judgment against the Trustat to the e�t�rK sucA acfian is permittBd by Eaw. , _ . � ,,,`;.•..`,z�['_
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<br /> --- --�`� � 11.TRANSFER OF THE PROP'RTY:�iSSUMPStON:lf ali or any Part ot the Properry or interest tnerein is sotd.transferted or othenrilse camrayed `
<br /> :-�-' by Trustor�vithout Beneficiary's prior wriiten cansent,exCiuding(a)the creation of e lien or enwmhrance subordinate to th(s Trust Dead,(0)a uanster , • ' < �'. �
<br /> _�`�`�""`�� by opsrat3on of Taw upon the death of a Trustor v�ho is a joint tenant or(c)ths grant ot any leasehold interest ot lfiree(3)years or�ass�vhich does not ; ,
<br /> � a.:-
<br /> _ - caatairt as�option to purchasa.suct�achan is a breach o!t!�agreement.and Beneficiary may.at Benefiaary's opUan,declare ell the suma sscured by ,
<br /> �,�� ttils Trust Oeed to be immediateiy due artd payabte,provided.further,this Trust Deea may.at 8eneftciary's optlon,Oe Qectared immediateqr due and � �,, ,-
<br /> � � payabta,it(t)Trustor�s a partnership and any interest in tha partnership is solQ or assigned try any maans vfiatsoever,or(2)if the Trustar is e carporation ,
<br /> ---'�,,.i?'� and a transter of the majority stock ovmersAip interest in the corparation oocurs.or the Tnutur corpor8tion merges in amr fartn vrith anothsr corpwat�an . . '
<br /> -""�'� ar entity.Benaficiary sha11 have vraived such aption to acceterate if,prior to the sa�e.Uansfer or eanv8yano9.Beneficiary arid the psrson to wRom the :�<: � • �
<br /> ---:.:� !
<br /> -- __�_� Property is to be soid ar trartsferred reach agreement in writing that the eredit of such person is saiisFactory to Beneficiary and that the irrterest payYaGte - :�.;�-' _
<br /> - „ . on the sums secured by this Trust Deed shail be at such rate as Benaficiary snall request. '�;
<br /> ` 12ACCELERAT[OHUPONDEFAULT;REMWIES;SALEThefailurebytheTrusfir,tomakeanypaymentartopedormarryofth6teRnsendcanbitlons ' ���� .�.�
<br /> _.__._.-_� of this Trust Oeed,or the terms and coctditians of the Note,or any renewais,modificatians a exfensions thereof,ar the faitvre to make payment of a�ry ;�� �. ', ,:'�`��`_
<br /> _-:,� other indebtedness,prior or subsequent to thia Trust Deed,and secured by this property,or tAe death Of ans or more Tnistors&hail be a 6reach 8nd _ , ,�;_„,,,=,R�yi;,,�=r�i
<br /> _=t_� � defauN oi this Trust Oeed and the Benefsciary may dectare a detault and may dectare ail sums secured hereby immediatety due and payabte and the , �; �.,.��t:;•_�
<br /> — same shail thereupon become due and payable without presenimen�demand,protest ar noficB of any ktnd,provided,Trustor shali have any statutory >:-
<br /> �igAt to cure the detault befare acry notice ot default and Cemand for sa18 may 6e delivered to the Trustee.Thereafter,Beneficlary may Qeliver to Tnutee !,�
<br /> ��`'� a written declaration of default and demand for sate.Tnutor a rees and hereb nts that the Trustea shail have the power of sale of the Properry and "�"�y `` =
<br /> 9 Y S� ��-t�.w.r:.
<br /> - -°���� , it Bertefidary dec7des the Property is to ba sold it shaii deposiE vrith 7rustee this Ttust Deed and the Note ar notes and any other documenLS evidencing r.
<br /> _�`� • expertditures secured hereby,and shail deiiver to Trustee a mitten natice of def3ult and etection to cause the property to be sotd,arrd Trustee,in Nm, .. , '�. ��.x'�=
<br /> _ .°. Shafl prepare a similar notice in tfie torm required by law,which shatt ha duly fitad for record by Trustes. •
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<br /> ='�`,�Y -" - --� -ja)"-AftBrthelapse�ofsuch�imeas-may-be-required�byiaw4oliowing-tfietecotdationot-NoGceot-Detault,and�NoGCeof.BefaultandNotice�f.. . _ . . _ �"���'�,-.�,:. .
<br /> - Sale having been given as required by lav�,Trustea,wrthout demand on TrusWl,shail seil the P�opeRy,it ttoE redeerned,in orte or more . .
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<br />�s=���-r pazcels and in such order as Trustee may detertnine an the date and the time and ptace des(gnated in said NoUce of Saia,at puGiic aucUon � ' �
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<br /> "-' -�r � � aaording to taw. ' '
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<br /> `�`;`:' When Tiustee seits purs9ant to the powers herein.Trustee shatl appty the proceed5 ot the saie to paymerrt of the costs end e�cpenses of �
<br />;,A;,�+�.;a - - @� exeiCising the pouVer ot sale anA-ottlt8 s31e,including:without limitadon,attameyr's fees and the payment Of Trustee'8 Fees irtcurred,wtl:ch • a .�
<br /> , �.,�:� . Trustee's Fees shall not in the aggregate exceed the following amaunts based upon the amaunt secured hereby and rematning unpaid at
<br />�::_,;.,,...' the time scheCuled far sale:5 percentum an the bafance thereoi;azsd teen to the items in subparagraph(c)in the orCer there stated. '•� �.•
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<br /> �-��7`� (c) After paying the items specified in subparagraph(b►,ii the sale is by Trustee,or if tfie sale is pursuant to judicial foreclosure.the praceeds " �'1.•�
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<br /> •_�_,�� �� of saie sha11 be app'�ed in the following order. � .. =jsr' :.
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<br />=-.�ra r�• (r�t'. (1)Cost of any eviQecce o18Ue procured in cannechon with such sate and ol any revenue transter tee required to be paid: ,c. ,
<br /> -�w-�;=:.;,Y:� {2)Aif obligations secured by this Trust Oaed: �L r�.
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<br /> -_-�;�:�,g; (3)Junior trnst deede,mortgages.or ather lienholders; - � .��d`":,, . ,
<br />-_ :_•,:�;. (4)The remainder,it any,'to the person Iegaity enUttetl thereto. � , �i
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<br /> .�T�M�,-..,.�}:� 13.APPOINTMENTOFSUCCESSOATRUStEE.Beneficiarymay.fromtimetotime,byawri::eninstrumentexecutedandacknowledgedbyBeneHCiary. r rz y-
<br /> ,�.•.�., .�-, mailetl to Trustor end recorded in the ccunry or counties in which ihe Property is located and by othenvise complying with the provisions of the Bpplicabie F =
<br />-f;.%r'%.'=� laws of the State of Nebraska substdute a successor or suaessars to the Trustee named heretn or acting hereunder. � � S��
<br /> -_s�__y �/��
<br />-"=��i�-•�,�' 14.IHSPECTION$.Benehuary,or its agents,representatives or employees,are authOrizEd to enter at any reasonable bme upon or in any part of the ' ��;t".�/� �•`
<br /> _i-� PropeAy for the puryose of in5pet�ing the same and fa the purpose of perfotming any of tfte acts it is authorized to per(orm under tha tertns uf Me Tru,t OeeO. � � �
<br /> -.-,�°�� 1�.OPTiON TO FORECLOSURE.Upon ihe occurrence of any breach and upon the dec�ara::on ot default hereunder.BenBfiGary shaU�ave the opUon .
<br /> to toreclose this Trust Deed in t�e manner proviCetl by taw br the toreclosute ot martgages on real propeRy. .
<br /> -r;-,�s 18.FOREBEARANCE BY BENEF(CtARY QA TRUSTEE NOT A WAIVER.Any forebearance by Beneficiary or Trustea in exerclsing any rlght or reme0y , i �,:�'��� ; .,
<br /> T-=��� hereunder,or oMarwise aftordetl by appllcabie taw,shall not be e waiver of or pre�Nde the exercise of any sucA right er►emedy.Ukewlse,the walvar • �i �
<br /> by Beneficiary o►Trustee of any default of Trustor under thts Trust Deed shalt not be deemed to be a waiver at any other or similar detaults s�`equently "w� �"�"'�!
<br /> �,' .
<br />.T:�s,�� occurting. . .. .
<br /> -��-�"==�� t7.BENEFICIARY`S POUYEIiS.W�thout affecting or reteasing the liabitiry of the Trustor or any other person Uabte for the payment of any obligation • •�
<br />��"�:�'� hereln mentioned,and without aNecting the I�en or charge of this Trust Deed upon any port�on of the PropBrty.Beneficiary may,flom time to time and ' . . . •
<br />=-��s.��� • wlthout notiCe at the request ot one or more Trustors.(Q releasa any person liabte.(ii)extend or reaew the maturtty or alter eny of the terms ot eny such ,
<br /> �?��- obll tlons,(�ii rant other indul ences.(iv)release or recanve or cause to be reteased or reconve ed at an ttme at Beneficia s option an parCel - ---� � �
<br />�sa�p�'"�_.. 4a )9 S Y. Y Y �Y� Y � .
<br /> -__'•�� or ell.ol tA9 Properly.(v)take or release any other or additional seeurity tor any obligation herein meMloned.(ri)make setHements or other arrangements ; . .
<br /> `!"'� - wtth Trustor ln retation thereto.Alt Trustors shall be Jointly and se+erally obtigated and bound by ttfe actions oI the Baneficiary or eny one or more Trustoi .
<br /> -_^�°�_� as stated in thls paragraph. � ' � � �
<br /> �"'�"�`•�"'� 18.ATTOANEY FEE9,COSTS AND EXPENSES.The Beneficiary ot this Trust Oeed is entitled to t�e payment of attorney's fees,costs and expenses •
<br /> - -�_�,�� as provldod in this Trusl Deed.except as otherw�se prohibned by law. - - ���
<br /> - _��3`� 19.RECOHVEYANCE BY TRUSTEE.Upon wntten request ot Beneheiary and upon payment by Trustor of Trustee's tees.Twste9 shatl reconvey to . . :
<br />=--- -__='� Trustor.or the person or persons Iegally entided thereto,tivithout vrarranry,any portWn of the Prope�ty then held hereunder.Recitats In such reconveyance •
<br /> -='a�Y�se ot any matters or lacts shall he canclusNe prool 01 tha truthfulness thereot.The grantee in any reconvayance may be described a9 the person or persons � � _
<br />�-`'�""�� Iegally entitted thoreto" � ' .
<br /> -';,,':a:�� 20.NOTICES.Except far notices,Cemands.requests or other wmmunicat�ans requ�red under apD��cable lav�to De given in another manner,whenever �
<br /> _ BeneHciary.Trustor oi Trustee gives or serves any notice(indudmg,wdhout Iimitauon,notice of defautt&nd notice ot sale),demanOs,requests or other
<br /> -_==y���`� communicatlon wfth respect to th�s Trust Deed,each such notice,demand,request or other communlCaUon shall be in wriimg and shall he eftective onty :
<br /> .__�, if the same Is detivered by personal service or�s mailed by eertitied ma�l.postage prepalA,addresssd to the address es set forth at the beginning o1 thls
<br /> --- Trust Deed Any party may at any Ume c�ange its eddress tor such notices by deUvering or mailing to the other party hereto,a9 atoresaid.a notice of
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