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<br />JUN. 30. 200::, 10: 141=1r'1
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<br />i'1CGRI=1TH r~ORTH (402)341-0216
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<br />NO.g32
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<br />P,41i45
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<br />..J
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<br />TO PROTECT THE SeCURITY OF ""HIS DEED OF TRJST:
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<br />200606084
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<br />" CONVEYANCE OF REAL EST'ATE. On thli Closing Dete as set forth in the PureMstl Agr"ermmt, Trui:lter shall
<br />dell';Ier or causa to be delivlKed to BenefIciary a WBlT8nty deed, in a form satisfactory to 6wne1iciary'& counsel. conveying Qood aM
<br />marketebl" fee title to tl1e Real Estate to Beneficiary, free and clet;lr of any and all liens or enClJmbnilncss.
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<br />2. MAINTENANCe, Trustor win not Cornmit any waste upon the Trust Estete and will, at all times, maintain the same in
<br />good operating orOGr and condition.
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<br />3. TRUSTEE'S DUTIES, Trustor acknowledges that: (a) the duties end obligations of Trustee sha!1 b. d~terrmnBd solely by
<br />the express provisions of this Oiled of TN!t !'lnd TrusteE! shan Mt bib liable Qxcapt for the performance 01 such dUties and obl:gatiof1s llS foIrt'
<br />speelfieallY set forth hel'!"lln, end no Implied covenants or obligations shall be impooed upon Trustee; (b) no provision of this D$0d of lrust
<br />~hiiil require Trusts!! to expend or risk its own fLJnds, Qr otherwise incur any financilll olJligalion in thlt performance of aMy Of Its duties
<br />hereUnder, or In tM exercise of any of il.1ii rights or pOWl;lrll, if it fir-all have grounds for balieving that the rep$yment of SLJOI1 1urds or
<br />ad'Guate !ndemnlty MilIim.t 5uoh riSk or lIabiiily is not rElasol'l!!lbly tlSsured to it; (e) Trustee may consult with eol.lns&! of :ts own choosing
<br />and th. advice of such eOl.lns,1 shall be full and complete iuthoriUltlon and protection in the respeet of any action :akelT'l or sllfferllld ~y it
<br />i'lereunder ir good faith end in reliance thereon; end (d) Trustee shall not be Iieble for any action taken by it in good faith and reasonably
<br />believed by it to bii iuttlor~ed or within the discretion or right$ of powers conferred upon it by this Deed of Trust.
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<br />4. APPOINTMENT OF SUCCESSOR TRUSTE:E. e'rlilficiary may, f'rom time to time. by wrlttef'l instrumant exocuted and
<br />8Gknowfedged by 6$lllificiary, mailed to Truete: and recorded in the Counly in which the Trust Sslate is IOCeled, an;,l by otherwise
<br />complying W1tr1 t,e provisions of the applicable Ia\-" of the State of Nebraska, substitute a successor or successors to the Trustee namea
<br />herein or aelir:g hereunder,
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<br />5. SUCCESSORS AND AS$IGNS. This Deed of TrlAlt applies to, Inures to the benefit of end binds al, parties hereto, their
<br />helr'$, Iligiiltee6, devisees, p,~onal repre:;entEltives. $uccesscrs and assigns.
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<br />6. EVeNTS OF OEFAUL T. Any of the fOllowing events shell be deerood an Event of Default under this Deed of Trust:
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<br />{a) Tr~Qt shall have failed to deliver to Beneficiary a warranty deed when required pursuant tCl the terms oft'l!:! I-'urchase
<br />Agreement;
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<br />(b) There has occurred e br"lIch of or eef'tluft under any term, covenant, iilgr~Qn\, condition. provision, repreSeill~tlor. or
<br />warranty conla/ned in any of the Reel t:$tate Documents; or
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<br />(c) Trustor shall have sold, transferred, conveyed, assigned or encumber$d the irus! Estl'lte or any p~rt thereof or any
<br />Interest tl1erein, Whether outright. by deed, ll!llld contract, lease with plJrchsiili ~ption, mortgl!lge, judgment, or othelWfse.
<br />without the prior written con,ent of Beneficiary.
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<br />7. ACCELERAl'lON UPON DEFAULT, ADDITIONAL REMeDIES. Should an Event of De1ault OCClJr, !3enefic!arj l",ia'l
<br />declare all obligatIons litcured hereby to be immediately due and the same shall ther&l.Ipon become Que without any presentment.
<br />demand. protest or notice of any kind. Thereafter BenefiCiary may:
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<br />(a) Either In person or by agent, with or without bringing allY action Qr proceeding, or by a receivar appointed by a COl.i11 and
<br />witllout regard 10 the ad$~uaoy of its security. entsr upon and take possGsslon of the TrwJt Est:!!t"" or any pBrt tr,ereClf, in
<br />its own nlm, or In the name of Trustee, and do any a~ which it cleems necel:isary or desirable to preserve the va!tJe,
<br />marketl!lbllffy or rsn!l!lbility of the TMt Estate, or any part thereof or interest therein, incres$e the InCOme :r,(!Jrefrom Dr
<br />protwl tl1e saeuritY hereof and with 01' without taking pOS$e$$ion of the Trllst E$tate, su~ for or otherwise .;:c!lect the
<br />rents, iSBlle5 llnd pl'Ofil$ thereof, including tliOIlS past dUG and unpaid, and apply the samli, less costs aM expeniiies of
<br />OPlifllltiOM and collection. holudlng attorney's fe8s, uoon !'lny indebtedness secured hereby, all li'll'>ueh order as
<br />8en.ficiary may determine. The entering upon and taldl'lg J;osse$~jQr. of the Trust Estate. lhe collect:OI' of such rents.
<br />Issues and profits end the eppiicallon thereof 811 d&8cribeQ abovf1, Shtll not cure or waille any default or notice of' defal.llt
<br />hereunder or invalidate 811Y act done in re$pOl'lliii to such default or putliuant to ~l.'ch l'1oticl3 of default and,
<br />notwithStandinQ thQ continuance in oosaesslon of the Trust Estate or the collecHon, receipt 'lr'id appliCililion of rents,
<br />issues or profltl, TMltll9 Ot Bel'Iafleitlry ahall be entitled to ex,rcit;e every right provid~d fm in any rjf the Real Estate
<br />Documents or by law upon ooourrel'lce of any Event of Default. including the rig/'lt to !xerdse the Power of Sale;
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<br />(b) COMlmence an f.letbn 'to foreclose ti"lis Deed of Trust itS a mortgage, to appoint a receiver, end to otherwise speclflcall)'
<br />enforce any of thlJ CQVflnants or prolliiiom. hereof;
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<br />(c) Deliver to Trustee a written declafaltion of default and demand tor sale, and 51 written notiee of dMflult and electicl1lC
<br />cause Tr\J$tor's interest ill the Truet Estttte to be sold under the Power of Salt ~;or,tiined tlereln, wt1ich notice Trustee
<br />shall ceLlSe to bs duly flied for record in the appr.'Jpriate Official Recol'ds of thlt County in wl",lch the Trust Estate is
<br />loa:lted, all to the exlsn! required by ElPpllOaOle law;
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<br />(d) Pay such tiums as it deems necessary to protect the Trust estate a"d eurt ilny defdult of the Trustor; and
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<br />.2.
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