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<br /> �„�;�� .(B} Any faiture e�s thQ Ra�of.tne TniaL�t m meei tne repay�e�ter�a En raspect tQ tifs�.can�l+gt�amsr►t s�E as►�C . --
<br /> r �. � cihsr a�t�aacey urt�ter thl�.Daed o8 4re�s�tf�:�by s`ecutefi er�l, �_.
<br /> -----��' • iC) Any act�on��the�fr�cartos�rio'Ai�ita+d by,the terrr�a ot th�i�an AgEe�msnt ar thts Q�eG ot Trvst�r env f�lYure vf. _ __ --
<br /> wm.��:_��_=:>:�`; ; ths Tas4ar ta acR�s raqvired bY shs t.oaa A►Sree�ant or thts��ed o�Tcu�t,eac9�ot�vhtch Trustar ltsfe�Y e9reea , - - --
<br /> - `� : J` ,��� hav$ae eddverss af�ect Qn Yhe Bgtsefidary�'s ase+�ri3Y ior tl4s line of eredlt est�bqnh�0 an� the rigi�ts o4 ttis ��;N_ .u_v_-_
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<br /> _ _:�:'.: ; ` `' BenefTcssr�tn euch s�c�uitjl. ���--- -
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<br /> _ 3. �` �`�' � arr8 upon 4f�e'ha��erttrag o€�t��td�1t event ot dete�lts BsnQftciar/maV decIsre al�aut�s s�r.ut�ad lFersby imm�atety �.�.- _
<br /> �.�.�:� �:�:.:,,; --_=___
<br /> �:=;��'�t..s dus an�d Pa11aDIe by dt�9iver ta Trust£e of wiitt�n dectataEi�re of defeult, The Tn�stea shaf!(?�v�a th�power o'f.�af�af � �___--•-_�--- -
<br /> a�:�_r=. tha�ropeety,erid if Benehciat�f desirqs tt�s Pra�erN to ke saSd.it aStalt de�tosit with Trustb��is Desd of Tru�L and.at!' r --
<br /> -�-# � � . promisa�ry notes arcd dr�mRnts avidencirt8 e�nditures aecured hereby and shaii deitve�to Truscea a�+r`rit¢en ns�tice --- - __—._
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<br /> - - `�- -oT��tat�rtc�etectfare�a:�e���� . tc��*���t�tn:tum st»i!�regare a aottea in tha fcrm_r:. �-
<br />� � � .�' reqedad�Y�aYr•which at��1 i."�dtatli�let!t�r record by.Trustes. < "�"-"- - -
<br /> �� �: �, ,� ,f;� tA!aft+dr��;.�s�.oi,such�tirne e�maV:ba requirod by taw�.fottawing ttte reaarttation of setd aotd�e of de�suit, and _ _
<br /> :���. "� notic��af`��e�iutt$rMd nni�ce�a'E seis having beea Sivan aa ra�quir��l.bY��vir.Truttee. without deman�d cn Trustar., -
<br /> ��.. � - - �--
<br /> ���� � _ _�;., ' s!�a�t�s . � .•,. �m th�t�t�at$anc�,�'t ttgt.d�t�4n�plaCtt��d�hated in said notice of sate.a�pubHc au�on ta �-,�----
<br /> • ,.:�, � �����:�i� � p,�putchase pr�c�P�►able in tawfui mmte�Y ot ttte UnlOed Sta�es at the time Af este. 'rhe �=
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<br /> persa�,tron�iuct�rtg:s���sate mey.fnr anv aauss hs deems exPedie�►i.pcstDona the s�ie irom 4ims to t3ma unttl it ��,� -R
<br /> .�,i� t�,` &h a l l�+:��Afeted e�td,ia�avery sucA case.nottce of pYstponement shai!ir�ci�s�srs by pubi"r.a dsct�or�t{lereof ' �-� s,. -
<br /> �� `r °,� .��Y sis�i�:��arson at tft�time sed piace last appo9Med fcr��sate.ProV i de d.i i t t+�.s.�e is R a s t�o n e d f a r t o n g e r t 9�a n _
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<br /> _ � �.�;• "` ,`�,Y'� � onet9l�ay bsifon+�!�e day designated sn tha natice of,��i�.notice tft�reof stu�►'��iva�'in tKa ssme rte�.rsrrsr es � -� '� -�-���-� -�-
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<br /> ,r ,T;� `��t�- -' tt�e or�ginaf ndiF�at�sate. Ynrstee shall exe�ute cu�.��iver to tha purchaser it��aed eor.;ray�ng the Praperty sa � �`��'-�=
<br /> �t ..�;.:.•t,�;`�.'�����?��a`.�• , soid,huY wi�at�i��tcly covenaM•or.warrartiytp,�sr�..�a�4''ssnAfied. Ths�eaa;itteiQ irr.���.G��nV nns4ters or.acts
<br /> '-- ' ' shaU bea:orecluaive proof of it�e uutbfu�ness t?s��r�af..Q�person,induding B�str�ti«f�.ai�y►Rurchasa s3 ffie sefa. : }��r�_-
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<br /> tha Trustee shait apply ttig:��eda of tti0 sala to paymeM
<br /> , �,:_. ,:�,,.,t. �B) VYhen�'rustee sslls,pursuant t,�3f�a powars Aerein`, , �
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<br /> � �..f,:.�•. of tha cast9 and ex;zenses of exerc�sing the power of sate antl of tha Eate.irtdu�"�:g the payment af zh�Trustee.s �...._� .����
<br /> ; f t�`. � fees ec�reliv irtcu�d,'�ch Trustes's tees sheft not in the aggregate exceed tha following arr�ourrt based upo� `.":. �.�� �:_
<br />�•�•.._. rS.•-•'�j�'��rb.:.. QOO thereof.l percentum on the .• � -;
<br /> the amcunt secured�hereby and rematning unpaid;5 petcent+im on tha flrst Sf,
<br /> �� ��`���~�`�''r" � 6aSa��at�ereof and th�n to ti^�t:ams in subparagraph(C}[n the orde►there st�t�eL .`•,..�.,;;. ..
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<br /> . ,�,�,��;�:c�, � � iC)At2ss..ptt,�ling t{te items sAeci#ic�fc Pn subparagraph l8)if the�safa is by Trustea,or 44i�a,praper couR end o![ter co�ts : �,,,��•�.s � '�
<br />-- ,. , `f��� � - v f tore�tc�ie and sale if the sate is pursuar�t to jadicial toredosure,the proceeds of sate shail be applied tn th�order ,.4 � �, . <•;`
<br /> � � �tated to the payment af: . ' : � r � �`�
<br /> -' _ • ; 11� Cost ot any evidence of titfe Rr�a�:u�ed tn connectian with such sate and of any revenue stamps; : ;�, �'
<br /> ' � � tdi� . All sums the securr�#hereby: !;: ..�,;��:f,�s,�c.'r��-. `�
<br /> ����,. (IIt�' � The re�ainder� ��`;�:}�f� �:"'�"
<br />- ., .�.,. .: if a�/.to the persan legafly entitled thereto. -� .:�r,�,�rf
<br /> 13. 0'art�s aad Obtisattons ot Trustess• (a1 The duttes and obiigations of uustee st►ail be deter�mined solety by � ���;��,�
<br /> ' tha e�rass provtsions nf this Deed of Tnist,and Trustee shail npt be liabie except for the perF�rmance of setch dutiss . ���`�4''`" �
<br /> �- . � : an0 obligations as are speciFcally set forth herein,and no imptied covenants or obitgations shafl 6e imposed upon . ��A ;� ��,.,
<br /> ' ,' ..,. ,. � �,��..
<br /> � Tn�st�s; (b) No provisions of this Deed of Trus4 shali require Trustee to expartd nr rlsk its own funds,or otharwise � .+(J,.�� ���,
<br /> , � � incur atry flnetrtciai obtigatIon in thg performance of any of its dutles hereundet.cr Er�3he exercisa of any of(ts rights 4,,:,F{;�*,..�.��i�
<br />� ,,,t .' or pawer,if it shail hsve grounds far believing that the repayment of sucr funds c��e4uate indemnity ageinst such °:,� �'.r'/ ��.
<br />_ �.� , � risk or Iiability ta not reaaonabty assured to it;{�� Trustee may consutt with couns�c��.�ts own chaosing ans the advice -�- �,r,;.,` �:.,, .,.,.;_
<br /> ::y:v:
<br /> ..� :..,�'� ot such coun�ef shat{6e fuit and camptete autttarization and protection irv t�re��t of eny m�r.4eken ar aaifte�ed . ' .<...�,,,;
<br /> by it hereunQer in good faith and te9+�nce thereon;id) Trustee shall not be riab'a f�cr.c�sy actlnn teken by it in good laith , �
<br /> . ` ��� an�reasona�ty be(isved by it to�bs eatthorized or within the dtacretion or rtghts�.zci��ovvers conferred upon it by this � .� . � :. ••� r,.��� •_
<br />. . . � .�... � �� :
<br /> . � Oead o1 Trust.
<br />- . :+ 14. Add'itIond Sacurity Inatrunaants. Trustor,at its expense,will execute end deliver to the Trustee,promptty. , s.� ;�,":";
<br /> ' upon demand,such security instruments as may be requIred by Trustea,in form and substanca satisfactor�►to Trustee, � ,,
<br /> .� � covertng eny of tt�e Property canveyed by this Qeed�of Trust,which security instruments shaii be additional seeurity . :,:��l..;-
<br /> ' ' �' :;;;'.. ' _ for Trustor's fetthtul Derformanca of a11 of 4he terms, covenants and conditions o# this Oesd ot Trust, the Loan �;.;�� .. ,
<br /> ,,':;1�"� � Agreement,any prom3ssory not�auc;ured hereby end any other secudty instrument�executed fi connectton witA thts ��t;:'c
<br /> .� �;,-:.s.
<br /> ' transaction. Such instruments stt�i��be reeorded or fited.and re-recordad and refi►ad,at T�ustor'e expensa. ; • . , .
<br /> . . ;, : � 96. Miscvlmwus. , �,�.�,.�
<br /> � � Y �° • (A) in tha event any ona or more�af tlte provisions conteined tn the Oeed of Yrust,ar the Loan Agreement or eny . ,
<br /> . ` , ,:,,'",';;,
<br /> . .� promissory note,or eny othet security instrumertt given in connection with Wis Vaneac3io�, ahal)tor any reason :.�t,;�;:.. : .
<br /> . .;,.,,..
<br /> - ' � „ to be held to l�e invaltd�illega{�or unenforceabio in eny respect,such invefi�:ify. illegelity or unanforceability shall, :��.,f;;;.�;; . ��
<br /> _ � ' et the opiios�of @cneflcisry, not affect any other provision ot this Qeed ofi Trust,that this 08ed oi Trust ahall be . •,�,,,�
<br /> � �� , construed as if suah tnveiid,illegsl or unanbrceabl0 provision had never been contained hereln or theretn. • � . .
<br />�i , :, . (81 Th1a Oaed ot vrust shatt be consuued accordiag w the laws ot the State of Nebraske. � , . .
<br /> � ` �'"'�L . (C) th�Dead of Trust shail insure to and bfnd the heira,la�utees,dovtseos,edministrators,exacutoro,successars artd I
<br /> .;�;r. :� � 4
<br />_�� . ' .«�� -� � essign!of the pardes hereto. . .
<br /> '�:_ .
<br /> j �,_�; a�!�;' � (�) Trustar shall pay afl taxes levied upon thts Deed at Yru3t ar tha debt aecured horeby,togethar with any other taxes
<br />�.��. � � ,
<br />°` � : or asaessments whtch mey ke tevied agatnst tRn Truatna ot Bsneficiary or tt�a tegal holder of the Loen Agreement �...
<br />"'�'� � ' on accouni.of titie indebtedness ovid�ence thereby. -
<br />��' � . • �� (E� WNenever used herein,t�a singuter num4�or shall irtcluda the plutel,tha Plural,the sinpular,tho use of any gander � '
<br />� � � ahafl bo epplicabt�to eli gonders,ane th�term'Beneficiary°ahall include eny p�yee of the indebtedttass hereby
<br /> �• secured or any transfer thereof,whethar by oporetton of law or otherwise. �.. �
<br /> - �. :,_ :� .. i �
<br /> � � 18. Succn.:ar Trustss. Beneficiarlp mey trom dme to tfine aubatitute e successor or successore to eny TruatQe
<br /> ' . '�� ;: �• named herein or ecting hsreunder 4o execute this Trust Deed. Upon such eppoiMment end without conveyance to �
<br /> �� �' the suscossor Trustee,4he tetter&h�lt be vested with a11 tiUo,powers and dutios cotltetra� upon any Tru.sta�herein �
<br /> . '��' �� name0 ar actirre hereunder. Each such ep�ointment or subst�tuttan shatl6e meds by writton i�aVumont by Beneftciary, i
<br /> - -, - � - . =�- - �ni,2a3�d,fg r-9�T3itw La L��:Q:=�of Trust bnd i2s ploce arf record,v�hich when recordad tn the offico of tf��Regiater E ;
<br /> _.� .�'�� � ��_ �' ' ... ,
<br /> �i Q�3 p�t�a s�s��';os'cs�ilge In whtcb aaUi prapefty ia situeted,�hali 6�conclusivo pr 4 o tap appoinm►ent
<br /> �,��� �� of tha auccsssor'Pru3tee. T8o fotsgoing powar of substitution end tho procoduro th�reioro Ght�O noi be exctusive of �'`—``�.—_-�"
<br /> . . : .; . 8� ' 40f1-3 .
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