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— � .� ' . _ .._�_ <br /> r.'. <br /> � � '' ._' _ '..'"" _ .. . -_ <br /> ���;➢' . '�I��"�+�-n!�`�'. <br /> I <br /> of�hnn,ehall be enu�ta�J tu enforce Ihls Truet ueeU�nd any nthar secun�y now or herealter hsld by Benellclary or Truatue in euch ad�r and rn�nn�r <br /> aa lhey or e4het nl Ih[�m may In fheir nbsuiu�3 discretlon determlrte. No r�smedy herein conferrt�tl upon or rosorved tu Trustae or HertMlclsry le 1nt�nrA�d <br /> t0 W�xClu8�v9 of Bny qther iemady hNrsin ot by law provideU or permitled,hut flpCh shall be Cumulafiw and shall Ix�I�i adsllNon to swry o1Mr nm�dy <br /> givsn hxeunder w naw or hereafter existin{�at Ipw or in equity or by stolute.Evory power a romedy provkled und�r thie Trudt Da�d to YrustN or B�NCfary <br /> U►Qo whl(;h,eliher of ihem rnay be athorwise entitled,may be exorcised,concurrenlly or Ind9pondantly,irom tlme to tim�end afi often a9 may be tJsernrd <br /> exp�Wlent by Trvatee or 8enuficiary and ofther ot thom mey puraua Inr.onsistent remedles.Nothinp hereln skall t►e con�truuci as p�o��fbltinp dsnRficiary <br /> fcom eeeking a dehcfency Judpment ayalnst tho Trustor to tt�e extenl euch actton Is permitted by law. <br /> it.TRANSFER OF THE PROPERYY;A6SUtMPTiON.It all or nny pert ot Ihe Propeity or interest lhereln Is sold, transfer�ed or otherwlYe can»yed <br /> by Trustor wiihout Baneliciary's prioc writtRn consent,axcluding(a)tha creation of a Iien or encumbrance subordinate to thls Truat Deed,(b)a tr�n�fer <br /> by pperat;on ol law upon the death aP a Trustar who fs e�olnt lennnt or(c)the grant ai eny leasehold intereat of thrae(3)year9 or iess v�hlch doe�npt <br /> conteln an option to purchase,such action i3 a breach of this apreoment,and 8eneticinry may,et Berteficiary's optlan,declare ell the sums sscured by <br /> thi�Tru:t Oscd to bo Immcdiuteiy duo and payaUl;�,provided,(urihor,lhfa Trust DoQd may,at Beneticiary's epti�n,bH dectareci immacllatoly du9 rnd <br /> payabte,if(1)Trustor is a partne�shfp and Any interest in the partnership is sald or nssigned by any mesns whatsoevof,or(2)f}the Trustor Ia a Corppr�tlon <br /> and a transter o}the maJority stock ownetship intorost In tho corporatlon occurs,ur lhe Tnistor corporetian merges In any lorm with another Corpor�tian <br /> or ontity.Bonetfciary Shpll have waivad such option to accelerate it,prfor to Ihe sele,tren�fer ur conveyance,Benaflclary end Ihe peraon to whom the <br /> Property is to be sold or trana(erred roach ugreemont In writing that thu credit of such porsan!s satisfact�ry to Boneficlar�and Ihat the interest payabte <br /> on the sums saaured by tNts Trust Deed shall be at such rate as 6enoticiury shall requost. <br /> 12.ACCF.LERATION UPON OEFAULT;REMEOIHS;SALE.Tha tatluro by the Trustcr,to make any pnyment or to perfam eny uf the terms end conditbm <br /> of thls Trust Deed,or tho terms and conditions of the Note,or any renew9ls,modi(�catians or extenslons thereo},or the faJlure to meke payment of any <br /> other Indebtedness,prfor or subsaquent to thla Trust Deed,end secured by ihis properly,or the death of one or moro 1'rustors shail be o breaCh end <br /> detault oi this Trust Oeed and the Seneficfary may declare a defeult end may declara all sums secured hereby Immedistely due and payable and the <br /> samo shall thoreupon become due and payehle without presentmant,demand,protest or no8ce of eny klnd,provldod,Trustor shall have sny stetuto►y <br /> right to CurA the de�ault hetore any nntir.e M defaidt and demnnrl Pnr snln may h�dalivered to tho Tructee.Theroaftc�r,BeneliCiary may deliVer ip Trustee <br /> ���.......�be..nu.er n1 on�u ni�ho PmnpsA�nnd - <br /> a wtittnn uacimuii�n�i uniau�.o��.;.;omanu iu�aa�c.��uaN�pytova d���ildiouy}��d��io indi aiid i i�:,:Ju o`:,�..,...,, .,r,,.._. <br /> If Beneflciary deCfdes tlie Proparry is to ba sold it shall doposit�vith Trusteo thls Trust Doed ond tho Note or note8 t�nd any othe�doGUments ovldonCing <br /> expenditures secured horeby,and shall deltvsr to Trustee a writton notica of dsfault and otectlon to cause the properry to be sold,and Trustee,In turn, <br /> s'hnll preparo a slmilar notice in Ihe form required by law, which shall be duly filed tor record by Trustee. <br /> (a) AItB11F12I8(ISO Of SUCII 11(f18(i9 rt1A]I b8 fFl(�IIIf8f1 hy IAW 1f1!;Oµ;I1fJ fhB fRCMfIAti00 f�)Nf1UCN O�D8(p(IIl end NotlCe of OelAUlt end NOtICe ot <br /> Sale having been given as required by lav�,Trustee,wlthout demand on Trustor,ahall Sell the Properry,if not redeomed,In one or more <br /> parcels and In such order as Trusteo may de[ermina on tho deto and Ihe�time and plaFe deslgneted In sald Notice o1 Sala,at publlc auctlon <br /> according to law. <br /> �oj iNnen i rustee seiis pursuani ia ina pownre i�nrnin,7rueiar aiittii nppiy ii�n pnx:Cnun ui ii�6 nnin iu Ndy�i�nid'ui ii�o i,'v5is u��3 exF,or�n8s Of <br /> exerclsing the power of sale and of the sale,inCluding,without limitation,ettorney's fees and the payment of Trustee's Fee3 fncurrad,whlch <br /> Trustee's Fees shnll not in the aggregate exceed tho following amaunts based upon the emount secured hereby and remalning unpaid at <br /> tho timo scheduled tor sEle:5 percentum on the balance thereof:end thon to the Items In subparagraph (c)in tha order there etated. <br /> (c) After paying the Items specilied in subparagraph(b►,ff the sele Is by Tructee,or Ii the sale is pursuant to�udlclal IorAClo�ure,the proCeed9 <br /> ot sale shall be appliod In the lollowing order: <br /> (t�Cost of any ovitlanco of titlo prpcured�n connoct�on w�lh such sale end o�any revenue Iransler fee requirad to be patd; <br /> (2)All obll{�ntlons sacurod by Ihis Trust Oaed; • <br /> (3J Junlor trust dootls,mort�ages,ar othor llonholders: <br /> (4)The remalndor,If any,t0 thp person lopolly ontitlod thorelo. <br /> 13.APPOINTM[NT OF SUCCESSOA TRUSTEE.Benel�c�ary ma�,from time to tima,by a wrltten inatrumont oxecuted and flCknowledped by Benetltlary, <br /> malled to Trustor and recordetl In tho county or countles in which tho Proporry Is loceted nnd by othonviso complying wlth tho provlslons at the appllcabte <br /> lawa of Ihe Stete ol Nebraska eubstitute a successor or succossors to the Trustee named hereln or acting horeundAr. <br /> 14.INSPHCTIONS.Beneficfary,or its agonls,reprosentatives or ernployees,aro authorized to onter et any reasonable time upon or In eny part of the <br /> Property for the purposo of inspecting the same and for the purposo of parformfng any of the ects it Is euthorized to perform und9r the terms of tho Trust Deod. <br /> 16.flPTION TO FOpECLOSURE.Upon the occurrence of any breach and upon thn doclaratlon of default horeunder,Beneficiary shall havo the optlon <br /> to foreClOSO tAls Trust Deed In Iho mannor provided by law lor the foreclosuro of mortguges on roal property. <br /> 16.FOREDEARAH�H BY BENEFICIARY OR TRUSTEE NOT A WAI`JER.Any forabonranco by Bonoficfary or Trusteo m oxercising nny rfght or romedy <br /> hereunder,or olhenvise afforded by applicable law,shall not be a wa�vor of or preClude the exercise of any such right or remedy. Llkewlse,the wafver <br /> by Bone[Iciary or Trustee of any default af Truslor under this Trust Deed shall not be deemed to bo a waiver of eny olher or 5imilar defaults subsequently <br /> occurrfng. <br /> 17.BENHFICIARY'S POWERS.Without aftectmg or roleas�ng tne i�ability ol the Trustor or any other person Ila61e for the payment of pny obllgatiOn <br /> herefn mentioned,nnd�vithout alfecung tha I�en or charge of thls Trust Deed upon any portion of the Properiy,Beneticlary may,trom tlme to time and <br /> withou!notice at tha request of one or rnore Trustors.(i)release any person I�able.(u)ext9nd Or ronqw the maturity or ultet eny Of the ttttme o}8ny SuCh <br /> qbllgatlons,(iii)grunt other indulgonces.(iv)release or raconvey,ar cause to be raloasod or reconvoyed at any time et BenetiClary'S opQlan eny pareel <br /> or all o!Ihe Pro�orty,(v)tako or release any ulher or add�uonal securlty for any obllflation hereln montloned,(vl)meke cettlomoms or other errangoments <br /> with Trustor fn relation Ihoroto All Trustors shall be�ointly and s�verally obligated and bound by tho nctlona o(tl�e Beneflcfery or any one or more Trustor � <br /> as statod In thls paregmph. <br /> 1B.ATTOANEY PEES.COSTS AND EXPENSfS.The Beneliciary of Ihfs Trust Deed is entitled to the peyment of attorney's fees,cosPS and expenses � <br /> as provided in thi9 Trust Doed,oxcept as othonvise prohibded by la�v. <br /> 19.RECONYHYANCE BY TRUSTEE.Upon wntten roquest o1 Bonoficiary and upon pnymant by Trustor of Trustoe's le0s, Trustoo shpll reconvoy to <br /> Trustor,or the person or persons legally entitled therelo,�vdhout warranty,any portion of the Properry then held hereunder.qaCitals in SuCh�aCanvByanCe <br /> o}any mattors or facts shall bn conclusivo prool of the truthfulnoss thoraof.Ttio gtantea in any reconvoyance may be describod es tho porson or parson9 <br /> IOpally entitted theroto" <br /> 20.NbTICCS.Except for noticos,demands,requests or othnr communlcat�ons roquirod undor applicable law to bo given In anothpr mannor,�vhonover <br /> Benoficl2ry,Trustor or Trustee gives or serves any notico(including,w�thoul lim�tation,nollco of duluult and notice of sale),dc3mands.requasts or other <br /> communlcatlon with respect to this Truat Deed,each such notico,dernand,request or other communlcatfon shall bn In wrlting and shall bo effective on{y , <br /> i!the samo!s delivored by poryonal servlce or�s mailod by cert�4ied Mai1,postago prepald,uddressod to tho addross z�s sot forth at tho boglnning o1 this � <br /> 7rust Deed.Any party may at any tlme changp�ts adtlro,s�or soch not�cos by delrvering or mofling to the othor party heroto,as atoresald.0 notiCO of <br /> such chanc�e.A�y notito hereundor shall ba doemod to have been g�ven to Trustor or Bonohciary,whon givan In the menner dosignated hareln. � <br /> 21.REOUESY FOR NOTICE.Truslor and B�noliaary horoby roquest a copy of eny nolice ol dolault,and a capy ot any notice of sale thareunder.bo <br /> maflod to t�acn porson�vho is a party lir,reto at thc�address for such person sut larth m iho lirst parngraph of thls Trust Oecd. <br /> 22.GOVERNING LAW. This Trust Deed�hall bo govorned by Ihe laws of Ihe Stato ol I�lobrashu. � <br /> 23.SUCCESSOR�AND ASSIQNS.Th�s Trust D�od,and all torms,condrtions and obllgatlons horoln,apply to and�nure to tho benefit of and Mnds � <br /> all partios horolo.Ihetr ho�rs,lagatoos,devis�es,parsonal roprosentativos,succossors and assfgns. Thp torm Boneticiary"shall moan tho osvner end <br /> holder of the Nate.whulhar or not n�med as 62n8�iC�ary horein. � <br /> i <br /> � <br />