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<br /> � .: 11.dafi!s�t�It�I!l�ti�tff It�4a�1 Sa�e�i^,. t�,� ..th3�%sya�'nt of r�r�y�si i�ar(r�lrb*��i«ess seti��!f+sra rr n tF�e . �
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<br /> --- "�'+u.:::a.Ht[� � . ._�.�., ..��t>...• .•-e,.M�m±n1 !�rmr+�l,nrotest ur notFca of any kmtl.j�MfM��N'.k�±wf iti�y rauy w���vr�i`� —
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<br /> shall tirxoupai becom�d��e c�w�rwa�r ��,�,��.r.~�._:... of saN of tho PropaSy onA�t�senericiay�.��t,•: -
<br /> ----- - � TrustN o writtm detkxation of drtaul9 oRd d�mond fur saw.Trust�s sho�l hm�+�th�pow�r
<br /> - -"`Y''`"°��""'�'�� Propu'ty is to be sold'+i shall�posit with Trustto tbis Da�d of 1'rust nnd tM Mot�a not�s ar�d on�otMs docuPnie�ts�v'r�r►c+np�sxp�d�twrs
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<br /> secur�d h�r�by,�xd sholl deliv�r to Trust�e a wrltlsn notk�of diefoult and�lection ta caus�the Prop�rty to ba sold,ard Yrv�tae,in turn,shol
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<br /> '�":.`•.�."u'-`.,�;�:�s�:4 pr�►cxe o simiia notite in tt�e form ret�uired by bw whkh shall be duly fil�d fa recordby Tru:ta�.
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<br /> (a)Aft�r tM lapse of suth time as moy M�equinrd bp I��ficl����:�9h„ec.tar�'nttta csf katir.e�of Qef nion�a ma�par�s and n�u►cht�order �-
<br /> _""�;.k°'.- 501�havinp b6er►given as required by 18w.T�ustae, wilhout d�maad on Trusto►, shnN se0 the Rroperty
<br /> -- - ��,� as Trustor n�ay dttermine on tha Qate ond ot tlie Sfine orrd ploee designuted in said Notite of Sals,at public nuction to the li�st biddK.the t�-
<br /> - �� chase price pcyoble in cash fn IawFul moM+�r of the lfnit�d St�tas ot the time of sal�.The p�rson conductinp the�ole maY.fc�'o�Y�aus�he or she
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<br /> �.��"`:'�• ,`;�`�,.�� deems expedient,postpone the safe from tlme to time unti!it shail be compbted ond,in e�ery such cac�,notiGe of postpo�wment shall be gRven
<br /> '-`"i'�""'�""�""� 6y publit declnratian the►eof by such person at the time anA place�ost appointed for ths sole;proyided,if the sale is postpawd for la�ger thon
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<br /> --"=`�a�;��"��. :�: one(i►day beyor�d the day designoted in tha Notice of Sale,r►c�tice thcreaf shnll be g+ven in the same manner as the arigino!Notice • - -
<br /> �'�''������ �� Trustee shall exetute and deliver to the purchaser its Deed conveyinp the P►opefty so sold,but withaut any convenant or wara�tY.express,�r
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<br /> . .r,,. ,.�,.,,,,, x im plied.The retitols in the 0.•c�d of any matters or focts shall be conclusive proof of ttxs truthfulness thereof.As►y persor, inc�c�din9 wit t
<br />'• ^ ��.� � '� limitafion Trostee,may purcfiase at the sole. ment of tha costa and expenses of
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<br /> .,,,,. �a,y: � (bl.�n Trustee sells pursuont to the po+�ers herein.Trustee shall apgfy the praeecls of tho sa e to pny
<br /> �`' ;''"':�' t exercisinfl the power of sole and of the sate,incl�►dietig,without limitotion,the payment af Trustee's F�es inuxred,whkh T�ustee's fees shall not
<br /> ' �,. � ° .ti� in tha aggr�gnte exceed the following amovnts based upon the amount secured hereby and rertaining unpaid: 5 percentum on the balonce
<br /> .. . _ .
<br /> ,-,z� ' thereof;and then to the items set forth in subparagroph(c)hereof in the order tfierein sta4 .
<br /> � �' (c)After payiRg the items specified in subporagraph(b),if the sale is by Trustee,or the proper court and other costs of fweclosure and sole
<br /> ' if tho sale is pursuant to judiciot fareclosure,the proceeds of snlA sho(1 be applied in the order stat�d below to the payment of: ' _ -
<br /> ' ' �, " (1) Cost of any evidence of title precured in connectian with such sale and of any revenue required to be paid; �
<br /> ., " •�.or�� � (2) Attorneysfeesr
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<br /> �t'� (3) All sums then secured he�eby� __
<br /> „ (4; :ussior trust dpe+ls,martgeges,or other licnholders;ond ___
<br /> � ., (5) Tha remainder,if any,to the person or persons legully entitled thereto. _.
<br /> .. , ��► if tha 1�rneficianr of this Deed of Trust is a bank as defireed by Nebras!ca law,ony stotement contained in�an Vpthen Srnnf ss on o�f ud�-
<br /> �• � notwithstonding,the Bene4iciary shall not be entitled to receive or sake and debior s�u8��of bs a3�l��t��ta p._•8••-:a..Y =. !
<br /> � ment,power of attorney to confess judgment,power of attarney to appRar for a barrower in a judicial proceeding or agreement to pay the costs
<br /> ' of collection of the attorneys'fees,unless such acts of collection would not otherwise be prohibited by Nebraska law.Provided,however,thnt
<br /> this section does not apply to tho Trustee fe�refer�ed to in paragraph 6 lb).Provided further,that this paragraph shall not apply to this Deed of
<br /> � Trust,if the ESer�eficiary is not a bank. -
<br /> �q ��������nrw�t�.Yrustor,at its expense, will execute ond deliver to the Beneficiary,promptly upon demand,sueh seturi- �r
<br /> ty instruments as may be required by Beneficiury, in form ond substonce satisfactory to Beneficiary,covering any of the Property conveyed by
<br /> ��_
<br /> � this Deed of Trust,which security instruments shall be odditiortal security for Trustor's faithful performante of all of the terms,tavenants and
<br /> " conditions of this Deed of Trust,the promissory notes secured hereby,and any other security instruments executed in connection with ihis tran- @,�:_t
<br /> e.--_.
<br /> � suction.Such instruments shall be recorded or filed ot Trustar's expense. „
<br /> - ° 13, Appoh�ten�nt of Sueceuor T►rstu. Beneficiary moy, from time to time. by o written instrument executed and ocknowle6gad by f}}
<br /> �� eeneficiary,mailed to Trustor and recorded in the county or counties in which the Property is locnted and by otherwise Gomplying with the provi- ��_'
<br /> " � sions of the appf icobte laws of the State of NeErasku,substitute a successor or successors to tfie Trustee named herein or acting hereunder. - '
<br /> 14. Insp�efkn�. Beneficiary,or its agents,representatives or workmen,are authorized to enter at any reoso�uble time upon or in ony port ,
<br /> of the Property for the purpose of inspecting the same and for the purpose of performing any of the a�ts it is authroized to perform under the '°
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<br /> terms of the Deed of Trust.
<br /> , T- � 1 S. Option to Poredase.Upon the ocwrrence of any default hereunder, Beneficiary sholl have the option to foreclose this I�eed of Trust m
<br /> ' the manner provided by luw for the foreclosure of mortgagPS on real property.
<br /> � 16. Fonbc�r+ce 6r BaMfkiory ho4 a illalrer.Any forebearance by Beneficiory in exercising any right or remedy hereunder,or otherwise ,
<br /> " afforded by opplicable law,shall not be a waiver of or preclude the exercise of any such right or remedy.Likewise,the waiver by Beneficiary of
<br /> � • any default of Tru:tas under this Oeed of Trust shall not be deemed to be o waiver af ony other or similar defaults subsequently occurcing.
<br /> " 17. Twtlor Hot Rela�sed.Extension of the time for poyment or modification or omorti:otion of the sums secured by this Deed of Trust
<br /> gron4ed by Beneficiary to any successor in interest of 7rustor sholl not operate to release,in any monner,the liability of the originol Trustor and
<br /> Trustor's successor in interest. Beneficiary shall not be required to commence praeedings against such successor or refuse to extend time for
<br /> ; poyment or otherwise modify nmortiiation of the sums secured by this Deed of Trust by reoson of any de�pnd mnde by the original Trostor and
<br /> � � Trustor's successor in interest.
<br /> � 18. Benefieiary's Powers.Without affecting the liability of the Trustor or nny other person liable 4or the payment of any obligotion herein
<br /> mentioned,nnd without offecting the lien or charge af this Deed of Trust upon any portion of the Property not then or theretofore released as
<br /> � � " security for the full amount of all unpaid o6ligations.Beneficiary may,from time to time und without notice, (i)releose any person so liable, (ii)
<br /> extend the moturity or alter any of the terms of any such abliyntions, (iii)grant other indulgences, (iv)releose or reconvey, or cause to be
<br /> released or reconveyed ot any tima at Bene#iciary's options any parcel,portion or all of the Property, (v)take or releose ony other or additional
<br /> security for any obligotion herein mentionod,or(vi)make compositions or other arrangements with debtors in relation therQto. �
<br /> 19. Futuro Advances. Upon request of Trustor, Trustee at Trustee"s option, prior to reconveyance of the Property to Trustor, may make
<br />� _- __"_ -_ " � future advances to Trustor. Such future advances, with interest thereon, shall be secured by this Trust Deed when evidenced by promissory
<br /> _�_ ....1 f..�...o ndunn�ne nnt inrludino sums Ud- �_. .
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<br /> notes stating that said notes are sewred hereby;provi4eU tltat ot no nme snun ���C �����•.N.•��•r�•. •-,-•,-
<br />- vanced to protett the security,exceed on aggreflate principal amount of 3.'���?,���t,��i *�� r A
<br />" �> �l�ve been poid,and upon surrender
<br /> � � 20. Reeonve�aetce by Truatee.Upon written request of Reneficiary s tin �
<br /> of this Deed of Trust and the Note to Trustee for cancollation and re `� �� dymenY'�ji`1'ruslar of Trustee's fees, Trustee shall
<br /> �� reconvey to Trustor, or the person or persons legally entitled thereso, without worranty,any portion of the Property then held hereunder.The �
<br />'R recitals in such reconveyance of any matters or facts shall be canclusive proof of the truthfulness thereof.The grantee in any reconveyance may
<br />- ' bo destribed os"the person or persons iegally entitled thereto".
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