95107888 - Laserfiche WebLink

Browse

�95�� 10'78�3� SIXTH: Trustor specifically agrees that (a) Trutstor, at 3,s expense, will execute and deliver to Benefici,ary, promptly upon reques�, such security instruments :: .: may be required 2�y Bene- fi.ciar5r, in a forac� and substance .satisfactory to Beneficiary, covering any of thE property conveyed by this Deed of Truet whi�h sacuri.ty inatruments shall be additional security for. Trustor's faithful performance or all of the terms,µcovenants ancl conditions of this Deed of Tzust, the Note and indebtedneas secured hereby, and any other security instruments executed"in conne�tion. with the indebtedness sec�ured by this Deed of Trust; and all suc8 instru- a�ents shall be filed and recarded at Truetor's expense; (b) Beneficiary may, from time to t�.me, by written instrument execu�Ed anci acknowledged by Beneficiary, mailed to Trustor and recorded in the county or counties a.n which the property is located and by' �� otheywise complying with the provisions of the �pplicable l�aws of• ttae State of Nebraska, substitute a successor o= successors to the Trustee named herein or acting hereunder; (c) although the Trustee, or his successor or successors, may be an agent of, or attorney for, or otherwise connected with the Beneficiary, $uch fact shall not be construed to disqualify him to act as such Trustee, nor shall such fact prevent the Trustee or Beneficia=y from bidding at a sale and buying any part or all of the pro�:�rty at any sale hereunder; (d) that if it should be necessaLy or appropriate for the protection of the security hereby conveyed or enforcement of the debt hereby secured, for th� Trustee or the Heneficiary to l.nstitute or become a party to any proceeding or suit i.n a court of k�ankruptc� or probate or other caurt of general or limi.ted juris- �eii.ction, all expenses and costs graperly incurr�d by said Truatee or said Beneficiary (incl�:di.ng reasvnable attorneys' fees) paid or incurred by said Trustee �r Benefic�.a=y in maintaining, prosecuting ' or de�ending such proceeding or protecting their respective rights hereunder shall be an additional �eb� secured by this Deed of Trust in like manner with the principal debt herein ��scribed; (e) Beneficiary, or its agents, representative or warkmen, are author- ized to enter at any reasonable time upon or in any part of the property for the purpose of inspecting the same and tor the purpose of gerforming an� of the acts it is authorized to perform under the terms of this Deed of Trust; (fj any for�aQarance by Beneficiary or Trustee in exercising any riqht or remedy hereunder, or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of any such right or remedy hereunder; similarly, the waiver by Beneficiary ar Trustee of any default of Trustor under this Deed of Trust shall not be deemed a F:aiver of any other or �si.milar defau3ts subsequently occurring; (g) extension of the time for payment or modification or �nortization of ti�e sums secured by this Deed of Trus'c granted by Beneficiary to any successor in interest of Trusto� sha11 not operate to release, in any manner the liability of the oriqinal Trustor and Trustor's successor in interest. Heneficiary shal.l not be required to commence proceed- ings against auc►n successor ox refuse to extend the time for payment or otherwise modify amortization of ythe sums and indebted- ness secured by �his Deed of Trust by reason of any demand made by �- the original Trustor and Trustor's successors in interest; (h) without affecting the liability of the Tru�tor or any other person liable for �he payment of �he obligations and indebtedneos aecured by this Deed of Trust, and �vithout affecting the lien or charqe of this Deed of Trust upon ar�y portion of the Property not then or theretafore released as security for the full �mount of all unpaid obligationg, Beneficiary may, from time to time and withoui� notice (ij rel.ease any psrson so liable, (ii) extend the maturity or alter any of the terms of any such obligation, (iii) qrant other �ndul- gences, (iv) release or reconvey, or cause to be �eleased or reconveyed� at any time at Heneficiary�s option any parcel, portion or all of the Property, (v) take or relaase any other or additional security for any obligation or indebtednees herein mentioned, or (vij make compositions nr othe�r arrangements with debtors in relation thereto; (i) in addi�ion to the righta and powers qiven to the Trustee and Benaficiary he.rein, the �aneficiary ehall have all. such other zights both in law and equity for collec�ion of the � indebtedne�s secured hereby as it would have but for thia Deed o� Trust; �jj all covenants and agreements of Truetor sot forth in this Deed of Trust shall be joint and several; (k) thie Deed of �