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<br /> , ��� �� 11,Aeo�i�tiM 11�oW tiof�t Rs,�+iat�d+• Upon defauiP by Yrustor in the puyn�ens of or perfo7r�ianco of tha 4crns and cor�i9lons o4 -
<br /> _� _�-�a�� � - the tiots,or a►y rtnew�o.�s,en4tiiflC��iG�is oP ex4EtlStOnS 9iie�eol,uv t��a�ayrror�t of arry oth;:r in�:,5tc�iass scwrc�h:reby ur►n th�p�rio►mance ,
<br /> -- =�.�ti a�. r ot ony of ths convencutts or oqresrnents hereunder,8enefk4xy may dfctcxe oll sums secured hereby irtxnedbtely dw and payobl�ond tM sams „
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<br /> -ti�..:����_• shail th�reupon become due ond paynbb�r3tho�t prosentment, demond,protest a notice o}ony kind.Tharaafter, B�aneficiary moy deliver to
<br /> W —�� Trust�e a writt�n d�cloration of defauit and d�rtand for sob.TrustN siwll haw tM power af sal�of the PropKty and if Beneficfory dtcid�s tha , ,:;;'�`�,
<br /> ''����� Prope►ty is to be so{d it slwll doposit vrith Trustex this Deed of Trust ond the Note or notes ared any other documents evldencinq eapenditures � "��+
<br /> _=�'�',�� s�cur�d Mre6q,end sholl deliver to Trustee a writter�ratke of dofouit ond etection to couso the Property to be sold,aRd Trustee,in turn,shafl • - �
<br /> �-��°�`��.� p+tipare o sirnilar notice in 4he form requirad by low whith shall be duly tiled for record by Trustee. -`,T:'`r:��
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<br /> ,=,r,+;c;;',.; " `y (o)Aiter the�apsn of such time os may be required by law followiny thn recadatian of Notice of Default,and Notice of Default artd Notice of , .
<br /> � .". Sol�hovirp 1»en given as required by low,frustee,without demand on Trostor,shall sell the Property in one or more parcels and in such order � ' .�:•; ,,�.
<br /> :'% 'rc �y �'`'' os Trusta may determlr,a on the dote ond at the time ond plae desigrwted in said fiotice af Sale,at public auction to the highest 6ldder,the pur•• ..
<br /> • :ix`�"`'�'�""�41—��� chose p►ice payoble in tosh ia MwFul money of the United Stotes at the time of sale.The uerson conducting th�►sale may,for ony caus�he or she
<br /> �`�A�` ��.` '�- �% deems expediMt,postpone the safe from time to time until it shall bo comp{eted ond,in every suth cose,notice of postponement shall be gi�en '�' � , . -
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<br />__;,., .�;.a,• ': �fi.., by public deelaation theruaf b�such pefson at tha time and place lost oppointed for the s¢le;pravided,if the sale is postponed for longer than 's: , . `���;+.;:�.. .
<br /> , .;,�, ;� , one(1�duy beyor�d tha day desigrwted in thA Notice of Snle,notice thareof shall be given in the same o�anner as th�originpl Motice af Sale. � � � _
<br /> � ^�r''° ° � Trustea shull executo and ttelivsr to th�purchoser its Qeed conveying the P�operty so sold,but without an convenant or wavranty,express,or r ,� <�,�~,'r �
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<br /> r?,, �. ��� '• implied.The recitals in the Oeed of any mc�tters or focts shall Ge conclusive praof of the tNthfulrrrss thereof. Any person,irxluding without ��� f H�q�;k:�tY;r��•�:-
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<br /> � .{�. �'�:� . limitation Trustee,may purchase nt the sale. --
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<br /> _ _!4�•_-;;: � (b).N1hen Trosteri sells�wrsucx�t to the{►nwnrs herein,T�uSt�stxill apply tlw prarteds of the sale to pnyment�f tfie costs and expenses af dIRS�� __ _
<br /> ,, ,� ?� ,� exercising the powe+'of salo and of ttie sale,inclu�irg,withaut limitotion,the payment of Trustee's Fees incurrmi,whith Trustee's Fees shaU not ��; :_
<br /> �' �� in the oggre(pte exceed the folbwing amounts based upon the amount secured hereby and remaining unpoiA: 5 percentum on the balance _
<br /> ;.:�` • • thereofr ond tt►en to the items set forth in subparagraph(c)hereof in the order therein stated. ''
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<br /> •. �'ti._• .` (c)ANer paydng the items specitied in subporngraph(b►, if the sale is by Trostee,or the proper r,ourt and other costs of faeclosuro and salo �—'-'---
<br /> : if the sale is pursuant to judicial fcretlosure,the praeeds of sale shall be applied in the order stated betow to the payment of: �•■"■�_•__"`
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<br />_ • . :� ;�• (1) Cost of uny eviderxe of titie procured in connection with such sale and of any revenue required to be paid; �
<br /> (1) AttaneYsfees; _____
<br /> • � (3) All sumsthen secured hereby; o�-__
<br /> (4) Junior trost dceds,mortgages,or other lienholders;and �fs�.
<br />• . ' l51 The remuinder,if onv,to 4he pefson or persons lepally entitlad thereto. - _
<br /> �•' '�', � ;� (d) if tbe Beneficiary of this Qoed of Trost is a bonk as defined by Nebraska law,ony stotQmon7 containod in ony other szr:tinn ot this deed rHrtir+�,_
<br /> , �! notwithstanding,the Beneficiary shall not be entitled to receive or take and de6tor shall not bo obligated to pay or give;any c9r+fassion of judg-
<br /> . �• � y�� ment,powe�of attcvney to confess judgment,power of attorney to appeer for a 6orrower in u judicial proceeding or ogreement to pay tho costs
<br /> •• ',.��,.:'•�.. of callection of the�attomeys'fees,unless such acts of collection would not otherwise be prohibited by Nebraska law.Provided,howevar,fhot
<br /> %'.:; .,;;^:"'" this section dces not opply to the Trustee fee referced to in parograph 6(b►.P►ovided further,thut this parograph shQll not apply to this Oeed of
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<br />_�= .N`�:�'`""N'-�* Trust,if the Bereeficiory is rat a bonk. _
<br /> "-�'^`^�' • �^'�`i`' 12. A/ili�wr See�iry Mtte�ti.Trustor,at its expense,will execute and deliver to the Beneficiary,promptly upon demond,such securi-
<br />'-'"""'`"`� �� • ry instruments as may be required by B�neficiary,in form and substanco satisfactory to Beneficiary,covering any of the Property conveyed by
<br /> r � ��-'�4 this Deed of lrust,which security instroments shall he additional sr.ccurity for Trustor's faithful performance of all of the terms,cavenants end
<br /> �. �� °�i�*- condi�ions of this Deed of Trust,the promissory notes secured hereby,and any other securiry instruments executed in connection with this iran•
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<br />: �•�•�r.r. ���•• „ soction.Such instrurnents shall be recorded or filed at Trostor's expense. � —
<br />`y;'i;�+�a��� ' 13. A�Mt�f �f SYa�st�TrwtH. Beneficiary may, from time to time, by a wristen instrument executed and acknowledged by �=�
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<br /> ;r. . . , �� Boneficiary,mailed to Trusta and retarded in the counry or counties in which the Property is locu?ed and by otherwise complying with the provi- ���x�=_
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<br /> ;:,:.,;� � ; sions of the oppticoble laws of the Stote of tiebraska,substitute o successor or successors to the Trustee named herein or acting h�reunder. ������a_
<br /> �t tt�':� , .y � 14. M�eti�a.Beneficiary,or its agents,representatives or workmen,are authori:ed to enter at ony reosonable time upan or in any port � -°""'—�
<br />- ��5,� �•�. ;;:' of tt�e Property fa the purpose of inspecting the same and for the purpose of performing any of the acts it is authroized to perform unAer the '`"- , - ---
<br /> �''�' ' tcrms of the Deed of Trust. 1���'�;��=-
<br /> �'::. 15. O�t�N for�sMa.Upon the acurrence of any default hereunder,Beneficiary shall hav�e the option to foreclose ihis[�ed of Trust in +••;;°;•e�,. �,;r,,•
<br /> _�;�.�;, ,:: ' the manner provided by law for the foredosure of mortgages on real property. ..;'-;�,y"' Y-<,-
<br /> - .... j • r' in on ri ht or remed hereunder,or otherwise • ��``-�
<br /> ,�- ,�,� 16. F�r�le�rrna iy i�flei�ry Mof�W�iver.Any forebearance by Benef�nary in exe cis g y g Y , . ..
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<br /> � �' offt�rded by opplicoble low,shall rs�t be a waiver of or pretlude the exercise of any such right or remedy. likewise,the waiver by Berseficiary of � ^
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<br /> ��,;,,;,;;,,,,,r�: _ -• ., ony default of Trustor vnder this Deed of Trust shall not he deemed to be a waivFr of any othor or similar defaults subsequen4ly occurring. "''* .
<br /> - �"' ' 17. Ynst�r IMt R�sd. Extension of the fimo for puyment or modificotion or amortization of the sums setured by this Der.d of Trust �"�,'
<br /> � gronted by Benefiitiary to any sutcessor in interest of Trustor shall not operote to release,in any manner,the liability of the original Trustor ond
<br /> .� Trustor's successor in interest.Berwficiory shall not be required to commence praaedings ag�ainst such successor or refuse to extend tima for �
<br /> ���:_,- � • �nyment or othEYwise modify amortizotion of the sums secured by this Doed of Trust by reoson of any demand made by the aiginol Trustor ond
<br /> - A Tnsstor's successa in interest.
<br />- � . = 18. Seeaiki�ry°�►�e�ren.Without nffecting the liability of the Trustor or any other person lioble for the poyment of any obligution herein
<br /> �' •�! mentioned,aW without uffetting the lien ar chnrgo of this Deed of Trust upon nny portion of the Property not then or theretofore released as .
<br /> .�s:`-- � senxity for the full omo�xit of all unpaid obligotions,Ben�ficiary may,hom time to time arsd without notice, (i)relense any person so liobl�.liil
<br /> ` " extend the mat�xity or olter any of the iQrms of any such obligatians, (iii)gront other indulgentes. (iv)release or retonvey, or cause t�be
<br /> "'� -`"� releosod or rttarveyed ot any time at Beneficiary's opsions any parcel,partion or all of the Property.(v)toke or release any other or additionol
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<br /> • seaxity for any obligation herein ment;oned,or(vi)make compositions or other orcangemenss with debtors in ralotion thereto. �__ _
<br /> _ �_-�_�� 19, frt���1rw�e��. Upon request of Trostor, Trusfee ot Trustee's option,prior to raconveyanco of ihe Properry to rrustor, mar moice �
<br /> future odvontes to Trustor.Such future advances, with interest thereon, shall be secured by this Trust Deed when evidenced by promissory �
<br /> --�^v� �•t • rates statin�that soid notes are secured hereby;provided thot ot no time sliall th4 sewred principal,future advances,nat including sums ad- � �
<br /> ��"'�„�` �` ,�.: vcmced to protpct tha security,exteed an oggrego4e printipal omount of S..—_, '
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<br /> �;=;,. W .-..e 20. R�e�nr��nau ly Y�nt�s.Upan vrritten request of Beneficiary stoting ttwt all sums seeured hereby have been paid,and upnn surcender ,
<br /> - , � , � '�, of this Oted of irust arxl the Nofe to Trustee for tantultation and rutention and upon poyment by Trustor of Trustee's fees, Trustee shall '
<br /> . . . retonvey t�Trustor,or she person or persons leyally entitled theroto,without warronty,any por�ion of the Propersy then held hereunder.The !
<br /> ' retitels in suct►reconvayarxe of any matters or focts shall be conclusivo proof of the truthfulness thereof.The grontee in Qny reconveyonce moy
<br /> • be desaibed os"the person or persans legally entitled thereto".
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