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<br /> � QEEEC�IR�A ��'��� ��e�� _
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<br /> • 11,Acc*e�liw Q�t� R��i� . Upon d�fault br Trustor in tt►s puyment a't or performanco of the tevms and c�nditfons of =
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<br /> �•tf�t��t�,a any r�wots,rtw�it��totlon3 a�xtmsions th�reof,or tM pa�ment af cny other indebtednass:ecured hereb�r or in 4{�performancs �
<br /> of any o3 th�camenanta a o�rwnNnt�h�reunder.H�wfktary rrwy declat ali sums secured her�by immediat�lp du�cnd poyo�kand tM tome
<br /> shnli thereupon 6eeam�dw arnl poYabb withcut pnserKmeM,d�rrand,protest ar notice of any ktnd.Thereotter,8er»ficiory moy ddlve�to _
<br /> Trost�a wrtttm d�elaation of drfoult and d�mo�d for saN.�rost�shail hov�the pow�r of sal�of th�Proptrty and if B�n�ficiary deeid�s th�
<br /> Rropert�r is to be sold it ahnll do�o�tt with Trustae this Daed of Trust and the Note or rtotes and any other docwner�ts evfdenciny expenditures
<br /> suuad h�reby�and shall d�liror to Trusf�a writt�n notke of default and etectton to causs the PropKty to be sold,and Trustee,i�tum,shali
<br /> pr�par�a stmilor notie�in tt�foem requtnd by law whieh sha!I be duiy flled for reeord by T�ustee.
<br /> (o)Aher tM lapse of such tirtoe as may be�equired by low tallowing the recadotton of Notice of Oefault,and Notice of Defauit and Notice ot
<br /> Sob tavirp been given os regufned b�la�r,Trustee,without demund on Trusto�,shall sell the Property fn one or more parcels and in such order
<br /> as Trostor moy dstermirro on the date and at the tirtta ond ptace desiynated in�aid Notice of Sole,at publtc autlon to the hfghest b(dder,the pur-
<br /> chasa prtce payable in cash in k+rrful manay of the UnRed Stntos at tha time of sale.The person conductinp the saie moy,for any caus�he or shs
<br /> deems expediem,postpone the sob$om time to tlme untii it shali be completed and,in every such cose,notice of postponement shati be qiven
<br /> b�public declarot)on thereof by suci�person at.the time and p�oce lost appointed fa th�sats:provided,if the sale is postpon�d for l er thon
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<br /> one(1�da►r beyond the day designated in the Notice of Sole,notice thereof stall be given in the same manner os the origital Notice of Sab.
<br /> Trustee shall execute ard deliver to the purchaser its Oeed conveying the Property so soW,but without any convenont or waaant�, expross,or
<br /> implied.The recitals in the Oeed of any matter�or facts ahull be conclusive pn�of of the trutMulness thereof.Any person,including withart
<br /> limitotton Trustee,moy purchase ot the sale.
<br /> (b).When Ttustee sells pu►suant fo the powers herein,Trustee shall apply the proceeds of the aale to poyment of the tosts and expenses of
<br /> exarcisinp the powe�of sale ard of the sale,including,without IimitctEon,tha�aymeM of Trustee's Fees incur►ed,which Trustee'a Fe�s sholl oot
<br /> in the apgre4ate ezceed the following omourtts based upon the amount secured hereby and remaining unpaid� 5 perce�tum an the bolance
<br /> thereofr aod then to the items setforth insubparagroph(c)hereof in the order therein stated.
<br /> (c)After pryirg the items syccifted in subparaproph(b),if the scle is b�r Trustee,or the propar court and other costs of faecbsure ond sale
<br /> if the sale is pursucnt to iudic3al foreclosure,the proceeds of sa�e shall be applled in the order stated helow to the paymeM of,
<br /> (1) Cost of anY evidence of title procured in cormection with such sale and of cny revenue�equired to be poids
<br /> (2) A4tonteys feesr
<br /> (3) Aii sums then secured hereby:
<br /> (4) Junior trust deeda,mortqo�es,or o4her lienhotders;and
<br /> (S} The remainder,if any,to the person or�sons Iega11Y entitied themto.
<br /> (d) if the Beneflciary of this Deed of Trust is o bonk as defined by Alebroska law,any statement contained in any other section of this deed
<br /> �►otwithstcu+ding,the Beneficiary shall not be entitled to receive or take ond debtar ahall oot be obligated to pay or qiver any wr�fes�ion of judp-
<br /> ment,pawar of attomey to confcss iudgment,power of attorney ta oppear for c borrower in o�udicial praeedinp or oproement to pay the costs
<br /> of cotiectim of the attomeys'fees,unless such acts of cailection woutd not osherwise be prohfbited 6y Nebreska taw.P�avided,Iwraaver,thae
<br /> this seetion does not opply to the T�ustee fee roferced to in paropraph 6(b).Provided further,Mait Mis parograph shatl not appiy to this Deed at
<br /> Trust,if th�Benefkipry is not o bonic.
<br /> 12. A/iliNwl S�e�Nat�b.Tn�star,at its expanse,wilt execute and deliver to the Bnaefic+ary,promptl�upon demord,such securl-
<br /> ty instruma+�ts as mcy be roqufreed b�Beneficiary,tn form ond substarke satisfoctory to Beneftciory.covering miy of tho Praperryr conveyed by
<br /> this Deed of Tnist,whkh securlty lnstrumeMS shcll be additiorwl seturHy for Trustor's foithful perfotrtwnce of atl of the terms,covenants and
<br /> conditians of thts Deed of Trust, the promissory notes secured herebl►,ond any other securit�r tnstrurt�ents executed in canneation with this tr�-
<br /> sation.Such instnerbrits shall be recorded or filed at Trostor's expense.
<br /> 13. A�t�t d Sreau�Tnaiw. 8enefktary rtwr, from ttme to time, b�o written inatrumeM executed und aeknowledped by
<br /> Beneflcfory,moiled to Trustor cnd recorded in the county or couMies in which the Properry is laated and by atherwise camply(rg wiTi►the prori-
<br /> sions of the applicabk Imws of the Stats of Nebrasko,substitute a successa or sut4essas ta.tM Jrustee nomed herein or actinp hereunder,
<br /> 14. M�e1Ma.Beneficiary, or its apents.�eproseMatives or wakmen:ar�aulhaii�d•to a�ter qt an�reasawbk time upon or in any pat
<br /> of the Prvpert�r for the pur�wse of inspectinp the snme and for the purpose of perfaming'aiy�of fhe ar+s it is authroi:ed to perform under the
<br /> tertns of 4he.Deed of Trost. '
<br /> 1 S. Optlrw N/ine��.Up�n thn oecuRence of or�r default hereunder,Beneficiary sholl have the optiosi to forectose this Deed of Trust in
<br /> the monner provided by law fa tM foreclosure of matgopes on real propert�r.
<br /> 16. i�i�c�►y M�rfieisy IMt�M�ira.Any forebenrance by Beneficiary in exercising eny right or remedy hereunder,or otherwife
<br /> affarded by applttabk ta�v,s1ai1 not 6e a waiver of or preclude the exereise of any such right or romadp.Ukewise,the waiver by 9eneficiery of
<br /> any defauM of Trustor urder this Decd of Trust shall not 6e deemed to be a waiver of an�other or similar dafauhs subsequernty ocaming.
<br /> 17. Yea4K IMt Rdwtd.Ext�ensfon of the ttme for poymerrt or modifFcati4n or omorti:ation of the sums secured by this�ed of Trust
<br /> granted by Benefkiery to an�suecessor in interest of Trustor shali not oporate to release,in any manner,the liabilit�r of 9he aiginal Trustar end
<br /> Trustor's successor in iMerost.Seneflciary sholl not be�eqvired to commenco proeoedings against such suaessor or�efuse to eztend time tor
<br /> paYmant ar otherwise modif�►anatication of the sums secured by this Daed af Trust br reason of arry denwnd mode b�rthe algiral Trustor ord
<br /> Tn�stcr's successor in interest.
<br /> 18. �fkMA's htira�.Without affecting the liability of the Trustor ar any other person tioble for the pa�rment of amr abligmion herein
<br /> mentior�d,md wHhout affecNng the lIen or clarge of this Deed of Trttst upon any pation of the P►operty not then or theretotore released os
<br /> securit�l for the full amamt of oll unpoid obtigotions,eoneflctary may,from time to tFme and withovt notice.(i)ret@ose uny person so Ilabie, (Ip
<br /> extend the maturity or elter any of tho terms of any svch obifgations, (iii)graM other indulgences,(iv)relense or recomey,or eause to be
<br /> released or recanveytxl at any time at Benefitiary's options any pQrcel,portion or ail of the Property,(v)teke or release anr other or additionol -
<br /> security for ony obliQation herein meMioned,or(vi)make compositions or other errangamerKs with debtors in relotlon thereto.
<br />. 19. htw�a Ad�r�.Upon request of Truator,Trustee at Trustee's option,prior to reconveyonce of the Property to Trustor,ma�meke -
<br /> future advances to Trustor.Such future advances,with inserest thereon, shali be secured by this Trust Deed when evidenced b�promissory
<br /> notes stat(ng thot said notes ae securesd hereby,provided that ut no tlme shail the secured principal,future ndvances,not includi�g sums ed-
<br /> vanced to proteet the securtt�►,exceed an aggregate principol anoant of S .
<br /> 20. RaaNarasa 6r Terst�.Upon written request of Beneffeiary statirg ttwt oll wms sesured hereb�have been potd,and upon wnende�
<br /> of fhis Oeed of Trust nnd the 4Vote tQ Tr,tstee for cencell�lion m�d retentian and upon poymeM br Trustor of Trustce's feos,Y�ustee statl
<br /> retonvey to Trustor,or the person a petsons legolly entittod thereto,without warto�y,ar►y portlon of the Propert�r then held hereurder. The -
<br /> recitals in st�th reconveyante of any mott�rs or facts shall be tontlusivo proof of the Mithfulness thereof.The grar�tee in an�reeanveynnce moy �
<br /> be described as"+1he person or penons lepatly entitied thereto".
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