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_T_..._....,.r..-��.,� . , <br /> ,,.•.�.r ��,.- •; 'i 'i <br /> ,,'`�-.'i1l��ie�.�;F�?.:�us�,.i.i. .. . - __ _ - . . _ .. <br /> �.:. <br /> 7�� <br /> . •. � <br /> � -...• � n �� � . - __ ..._... . ... .. . .. . ."'._.._ -..--r—_._ . . -_____. ._ _.. . <br /> i .''Sr4afaw.•-•�.. � . �'_.._ _ <br /> t}�. <br /> l::..�L ...>�•��_.�i:G'C'Jl1i�� .. <br /> __.._ . PS'!i'�'�'C.^_�.Siii4PY"�arn•��_"_aw�.... ._'0.1�(awl�ez_�. �.�� <br /> , ' �'��� �,?�:�.�;��:� �"� <br /> � <br /> G. �►1' �)I�'411�N�(II+tiU�;('I��StIl2'�,f1US1'HH, &neficiary m�y,from time to time,by a written inetrument executeQ and <br /> xckn�IrQge4 by liertefkiary,meikd to'l'ruct�x ond rccordid In ihe County In Mhkh�he'Cnu1 P.eace fc located and by olhervriex compi��n` <br /> with the peavieicx�r M the o�lk�hk I�w of ihe Sute uf NebrrsJu�ub�t(cute�cG�cmceor or cueeeasors to�he Tn�sece name6 hercln or rrin� <br /> h�rc��r.t!rr. __ <br /> �. SU(:(':SS4)�S ANP hSSfQNS 'ihi�Iked of'IYwt applies to,Inurc�to the beneft uf nnA trind�atl p�rlfu I�ercto,their <br /> hcirc,logatee�,devi+�eu,penonal reprcuntaUva,eueeeuon anA��slgnt. 'Ihe lerm'AeneOclary`ehatl mean the mrmr ancl holder ot tMe <br /> Note,whether a not n�med u 13eneficl�ry henin. <br /> B. INSPW.Cl70Nti, Benet�clary,or in agents,rcpresenntiva or eorfuexn,ere authodzcd to enter at pny reuon�b{c Nrne upon <br /> or fn�ay pwrt of the'1'nu�L?�ute for th�purpoa ot fnspecting thc same and[or the purpue ot pedarmin6�ny of thc�cta it ic outhurued <br /> to pedarm under Ihe tcrnu ot�ny of the I.wn Inaaumenu. <br /> 9, E�VI?IVI:S Oi+DP.FAUI.T, Any ot thc fotlowing evenu shall be deemed an cven[of defauSt here�nder. <br /> (�)'lhutoreholl finve falled to make payment of eny inttal(ment of intercst,principal,or princip4l nnd interat or any ncher aum <br /> eecured heteby when dut;ov, <br /> (b)'1'here hu occurted o brcach ordefautt under any tertn,eaven�nt,agreement,mndition,pcnvision,rcpresentatlon,orw�arranty <br /> cantalned in any ot 1Ae l.oan Instruments. <br /> 10. ACCF.LP.RAITON UPOIJ DEFAULT.ADDPI'IANAI.RIEMFDIES. Should an�went of default occur,[tenefici�ry may dulatz <br /> all Ircdcbtednes�cecurcd neeeby to be due und payzblc,and the ume shall Ihcrcupon become due and payable wlthout asy�cae�itment, <br /> demand,protut,or notice of any klnd. '[l:ereat►er the Bencficiary nuy: <br /> (�j i:i�ncr In p:.rrcn or b;n����,w��h�r withouc brlNUng eny oction ur proceeAing,or Hy a rcaivcr uy�c+.r-�sl Cnj�Court ond _ <br /> xitliout regud ro thc udequacy ot iw sccurity,rnter upon and ta�e postession o[thc Trust Fstete,or any pa�t thereof,dn iu am name or <br /> in Ihe name of 1Yustee,and do any octs whtch it dcenia necescary or deslnbk tu prcscn^e the value,m�rketabiliry or ienro�biliry.ot the Tnut <br /> k'statc,or �rt therco!or intercst thercta, Increase the inmme�hettfrom or Qrotect the sccurity herco(,anA with or nn:nout ta{ung <br /> prxeeuion ot the Trost Fstate,Fue[or or othawlse collr.d the rcnts,iuues�nd pnofts thereof,including those past due atx5 unp�id,and <br /> apply tho samc,Iess coscs�nd expenus o[operetion and collection,incluiling attorney's fca,upon nny fndebtedrtc:s secured 8ereby,a{I . <br /> in such order a�Beneficiery mey dercrmine. The entering upon und taking pc�csessian of the Trust Fatate,the eollecti�w of�uch ra��te, <br /> I3iYq pllu Ptvilis atN iuc nMiiiia(ivit ii��iivi wa uiviwa�u�o�i8==RCL rw�e��_i"=�;�!^_ro��ie�r nq�ire ot dc4'uult hereunder or invalidatc <br /> �ny act done in rcsponu to such defauit or pu�suanl ta such notice ot de[ault nnd,notwithsi�Ldir.g che continuanee in poasesclon o(th� <br /> Ttust Estate or the mllcctlon,rcccipt and applicatton ot rcnts,iuucs or peoGts,'Truseee or BeneGciary shall bc cntitled to aYCrcfx every <br /> right pcnvided[or in any of the Loan Instrumcnta or by law upon occumnce of any event of default,including thc rlght to exerclu the <br /> �xet ot salc; <br /> (b) Commcncc an action to forcclou:this Deed of Trust as a mortgage,appoint a rccelver,or spcclfically en[oece any of the <br /> covenentc hcrcof; <br /> (c) beliver to'Cn:stce a writtcn dularatlon of dctautt and demand forsale,and a K�titten notice o[default end clection to cause <br /> 'Trustors intcrcit in the'Prust L'sutc to bt sold,which notice Ttustee shall cauu to be duly 6:ed for record in►he appropriate OfficIel <br /> Iterords o[the County in whlcl�tha 1Yust Fstnte is located. <br /> 11. �QI�ECLOSURE IlY POWER OF SALF Should Bencfidary dect to torcclose by exercise o[thc?a�+er ot Sale hercin - <br /> wnt�Ined.Beneficiary sha11 no�ify'[Yustee and shall depoeit with Trustec this Deed of Trust and the Note and such recefpts and avidena <br /> of exptnQiturca made aad secure 7 hercby as'Itustee may requlrc. <br /> - (u) Upon rcceipt of such notice from Bcneficlary,Tructee sha11 rauu to be rerordcd,publtshed and dctivereA to Trustor such , <br /> 1oNce of Def�ult and Nottcc of Salc as then required by law�and by thla Detd of'IYust.Trustee shall,withnut demand on'I'rvsto►,aCter <br /> such time os mry then be rcquined by Is++and etter rccordation of such Notice ot'Dcfautt nnd n[[er Naice o[Sale lisving been given as <br />_ requircd by IaN,sell thc Trust Fstate nt the time and piaa of wIe faed by it In such NoNce o[Sale,cither c�s a whole,or fn sepur+te lots <br /> or parcelc or items as Trv,tec shall deem expedlmt,and in such orderes it may determine,at pubtic euc[ian to ihe 8igliut biddu tor cash, <br /> in taxful mnney ot thc United Shtes,peyalde at thc time of sate. T�ustee shall cictiver to such purchaset or purchasera thereof,ite good ; <br />= anA sutficient dud or dceds,convey:ng th•.property so sold,bat without nny covenant onrerranty,exproas or implied.'Ilic�tcitals in such <br /> - .t��n nf nny mattera or(actc Fhnll hr tt•ecb!si�ro prcaf ot thc ttuthfulne�.thereoL Any pena+n,inctudin�,withrn�e iimitation,Trustor, _ <br /> Tnu[ce,nnd l3eneGciary,may purchyac ut such sate,and'Cnuror hercby covenants ro xarrant and dcfend che titic of such purchaur or = <br /> purch�sers. <br /> (b)AR m�y be pennittr�d 6y law,attcr deducti�all costs,[ces,cxpen�.a o[Trustee and of this Trust,including co�s ot evidenoe i. <br /> of title im m�ncction with snle,Tnistee shall upply�hc procecds ot sale to payment of(i)all sums cxpended urder tlsc terans hercoG not <br />— thcn rtpaid,with acrnud iutere:;t nt 12 percent per nnnum,(ii)oll othcr sums dien sccurcd hcrcby,and(iii)the rcmainder,if any,to the <br /> ' person or persons Iegally entiticd thercto. <br /> (c) '['rustce may,in the manncr provided by Iaw,postpone sale of aIl or nny portion of thc Trust Estate. <br /> M <br /> � 13. �2F'Nf:DIFS N(YI'F?XCl.USIVF.. Trusice and Bcncficinry,a�d each of them,shall be cntiticd ta entorce paymcnt end <br /> pedormancc ot any indebtcdncss or obligations scwred hcrcby and to exercise ult ri�ts nnd powxrs undcr t6is�ced of'I1vst or under , <br /> � any Lwn[nstrument or other agmment or nny tows now or hercaf'ter in force.notwlthsmnding somc or all of thc such indebtedne:s and <br />— �oblig�tion�securcd hercby may nmr on c�ttaRcr tk ottxrwise�securcd,whcther by morcgage,deed of trust,plcdge. Ilcn.assignmcnt or <br />= olhenrice. Neither 1he ecceptance of this Deed ot Trust nor ita enfacement�hethcr by a�un nction or pursuant to thc power of salc or <br /> other pokerc hcc�ein conteincd,shall prejudice or in eny manner effect T�ustec's or Dencficiary's nght to reElize upon or cnforce any other <br /> .►_.•���._ra a....r nn.f...rh n!�hcm.shall�le enlitled <br />— accarii��nn.vr nccciiacr nciu v�itwicc in ocncirtini��ii ucii�y ed`:•��.•..�......�..-----=�.---... <br /> = to cniorcc thls DerA of Truct nnd any other security nvw on c�reaRen c�ld by Qeneficiary or ltustec,f�such ordcr and rtanncr ns thcy <br />= or clther ut them may in thefr nbsclutc discrction deicrmtne. No rcmedy�eretn conferrcd upon or vesenYd ro'Crustee or fiencCiciary is <br /> intcndcd m be cxcluci�x of any other rcm.:dy hccein or bp law pmviAed or permitted,but cach shnit bc cumulati�•e snd shall bc in�6dition <br /> to ntiry olher rcmedy di�ti�i Aercunder or now on c�rcatter ex�atu�g nt ia.+or in cquiry ur uy Stalute. Evcry pw�er or�o�rRdy gnrn by nny <br />= o[th*.Lcaan[nstraments to'1'rustse or[iencGciary or to w�hic6 either ot thGm may Uc u�hcrwisc cntiticd.may be caercised,wncurcently <br /> or indepcndcntly,(rom tlme to timc,und r�otten a�may bc dccrncd cxpedicnt by'I'rustce or Oeneficiary,und cithcr of them may pursuc <br /> inconalstcntcemediu. Notl�inghercinshatlbceonsttuedusprohiDitingBenefictary(romsceking�deGriencyjudgmcntagainstthc'fru�tor <br />"� fo the extent such action is pem�fticd by�aw. <br /> �: 13. Iti?OUNSC f�t1lt N(YI7CH. '!'ruston c�rcby rcquesu n copy of any notitt o!dcfuult,and that any nutirc ot salc hcrcundcr <br />:� bc mailcd to il at thc addrcas sct(orth fn Ihe fi�et paragrapA of thi�Dced ut'I'�wst. <br /> i <br /> ,!1 <br /> '� <br />�� <br />...•� _. . .__. _. .. <br />