|
,
<br /> .. ° . . - ,;;.,,.
<br /> - - ---.�..�.!` . .. . ._ .. . .. �
<br /> , � ,. • •
<br /> ;�5�it�4t�9'� .,
<br /> (e) The sale, tra�nsfer, assignment, convey- . ,.
<br /> - ance or further encumbzance of al.l or �any part of or � ,
<br /> � , any intereat in the Property, either voluntarily or
<br /> involuntarily, withaut the express written coneent of
<br /> Lender. ..
<br /> 11. Remediest Acael_eration Upon Default. In the event ,
<br /> � � of any Event of Default, Lender rnay, w�hout notice, except as �
<br />, � requ3.red by law, declare all indebtedness secured hereby to be ,
<br /> due and payable and the same shall th�reupon become due and ��
<br />:. � � . ;,;�., payable without any presentment, demand, proteat or notiae of any
<br /> � kind. Thereafter, Lender mays ,, .
<br /> � (a) Demand tha� Trustee exercise t�e POWER
<br /> ' OF SALE gran�ed hereia, and Trustee shall thereafter
<br /> cau$e Borrower's f:�terest in the Pro�+erty to be sQld
<br /> „ ' ' and the proceeds to be diatributed, all in tho manner °-- .
<br /> � provided in the Nebraska Trust Deeds Actt • .. ..
<br /> . (b) Exercise any and all rights provided for ° "
<br /> � � ' in any of the Loan Instruments or by law upon ocaur- '
<br /> " rence of any Event o f Default= and � �
<br /> „ � (c) Commenee an aetion to foreelose� this •_ .,;'�'�•
<br /> . . Deed of Trust ae a mortgage, appoint a receiver, or � �, ..
<br /> � specifically en£orce any of the covenants hereof. ' „ n� �a, -
<br /> . •„ , ;-,�'�'�`�
<br /> � No remedy herein conferred upon or reserved to Trustee or Lender � �
<br /> J.
<br /> �:- �
<br /> r. ...
<br />'° � ' is intended to be exclusive of any other remedy herein in the ;;,�::r.. ?' �. �
<br /> Loan Yns�ruments or by law provided ox permi�ted, but eaah shall �.�•, f�
<br /> �.• . be cumulative, ahall be in addition �o every other remedy given :�i;�. , �,.- - � �
<br /> :`r����:��� hereunder in �he Loan Instruments or now or hereafter existing at .�;�, ,�.
<br /> - . ' law or in equity or by statute, and may be exercised concur- r:,::��, ' �, •, i
<br /> �� �; rently, independently or successive�.y. ... . � �',
<br /> : , t , : ,�i
<br /> � 12. Trustee. The Trua tee may resiqn at any time with• . : '"
<br /> � out aause, and Le�e=may at any time and without cauee appoint a � �,
<br /> . auccessor or substitute Trustee. Tsvstee aha].l not be liable to . ,,;; .�r .,
<br /> � any party, including, without limitation, Lender, Horrower or any .;�=-,,._'
<br />� �� purchaser of the Propezty, for any loss or damage unleas due ta � ���" ' -�
<br /> � reakleas or willful misconduct, a nd shall not be required to take ""��
<br />'-- �� ' any action i�n connection with the enforcement of this Deed of , � +;�,
<br /> � Trust unless indemnified, in writing, for aIl costs, aompensation ``` ��,-,.��
<br /> � . � or expensea whiah may be associated therewith. In add�.tion, " �' ��t�:
<br /> ° Trustee may become a purchaser at any sale of the Property . 3'
<br />_ ..�. tjudicial or under the power of sale granted herein) = postpone „ y,��� •
<br />- . the eale of all or any portion of the Property, as provided by ��.° .
<br /> . ° - law= or sell the Property as a wtiole, or in aeparate parcels or v�; ,, '��-•-
<br /> _..... . - _.
<br /> . . -, - lota. =�,�.�._ .___ ..:-�.:�:.
<br /> • � � 13. Fees and E�x�ense�s. In the event Trustee sells the ' .
<br /> • Property by exere se o gowe o sale, Truste�s shail be entitled
<br /> to apply any st�le proceede first to payment of all eoats and �;t
<br />- , expenses of exercieing power of sale, inoluding all Truatee's r•
<br /> = fees actually incurred. In the event Horrower exerrsiees aay . � :
<br /> � riqht provid@d by law to cure an Event of Default, I,ender shall . ,
<br />� _. �� . be entitled to recover from 9orYOwer all costs anc� expenses
<br />�. , . actually inaurred as a result of Borrower's default, ina luding,
<br /> without limitation, all Trustee' s and attorney'e fees, in the ,
<br />� maximum amaunt allowed bX law. in addition, in the event of each � �
<br /> " anch cure, Lender shall be entitled to a reinstatement fee of One ;
<br /> � , Hundred and No/100 Dollara t�100. 00).
<br /> � '� 14. Futu�re Advances�. Upon requea� of Borrower, Lender " ` -
<br />-t „ may, at its opt on, ma e a itional and future advancee and
<br /> " re-advancea to Borrower. Such advances and readvancee, with , '
<br /> �•` interest thereon, shall be secured by this Deed af Trust. At no � ..
<br /> time shall �he prinaipal amount of �he iadebtednesa secured by
<br /> this Deed of Tru�t, not including sume advanced to protect the
<br /> security of this Deed of Trust, exceed the original principal �
<br />, � amount stated herein.
<br /> �. ,
<br /> sf .
<br />,�a
<br /> ;�
<br /> 'T � -5- .
<br /> . ... �
<br /> __ � _
<br />
|