|
<br />~..~ t~ H Ol ;) ft () ~ '
<br />
<br />200610986
<br />
<br />'4,2' R.que.Hol' Notice, Trustor hereby requests that, unless otherwisef:>rescribEJd by law, a copy of any 'notice of default and a'
<br />copy of any notice of sale pursuant to the Nebraska Trust Deeds Act be mailed to each Trustor at'the Trust6r 'maiiirlg 'addresS set'
<br />fort~;imthi8Qeed:ofTrust.,1' .,,, , \." "'i/,I.,,,<..' '. ",,,' ,.' ' ,',;' ,",1 ii. C. ~., ;,':'"fl" . (" .,.d',! i' :;'.
<br />, ' . } !I: !"}'~d"L '''t,."." ',". . A Frt/'CL.E'\I/ TFHJST'Ei{ ,,', ':.i.' ,', ,,':'" .' '.',\;o{' ;'rl
<br />
<br />"i:ii'ij'i1t'~A~tQhbY ,"TrLl.~..~}TMe:' :rrl.lstee' h~med 'hereincshall. be :616thed"withfuli' pCiwef,tb'adwhen ;acti'on'hereunder . shall' be
<br />r~q1Jired", ll1l$. term "Tn/ite,i!;:'sl'Iali 'be b6Hstruedto-meari "'rrustet'lsl', whenever tti~dse'nse" ri:iquires;: Thenecessity'of the trustee'
<br />~"f4.iIjll!1~~lii!l:~fi;_;,'IllQQiHI;I'l1 io,trl'!skmikingJQatt):o~9jNil1g:'Qondi:i!iit:l~prl'lIlI:'IY;VlI.EliV~d;, ,'::" :",\,. I:,,"'.,./' Z ;.1' 'j'; ".Ii): ..1
<br />l~j 1E$;2)"j!W1pldyn1iTW,otlfP(gil'lti;Y""'eiT1usree, 'Oi"'any:6he'i:icfing' 'irPlf's' stead/shall haVe; 'in' it's'dis'Cr~tio'n,a'uthbrity'tOem~lciyall
<br />ptdpeftY agehtiIJ)an~jatterAeY$\fr(t1i'eexeciltion'oftnis trust'aridrtlt 'Wilhe dbndtittin!g' ofilhy"salen'ia:d"ei pl1rsuanrtd the' terms hereof,'
<br />aMlNb' pay'forisuthservi6es,irbl'lder~d OiJfdfthe'proceeds ofthe'salebfthe Property, should any be. realized; and if no sale be made
<br />6r if the proceeds'<:>f sale 'be' insi.lfficient'toi pay the same, :then Trust6rherebyundehakes and agrees to pay the cost. of such' services
<br />rendered to said Trustee. Trustee may rely on any document believed by it in good faith to be genuine. All moncyreceived by the
<br />TrusteeshaU, untilllsedcif'appliedias'liereih'provided, be held in trust, but need hot be segregated (except to the extent required by
<br />law), and the Trustee shall notbeliable10rlnterestthereon.
<br />
<br />5.~., Ifl~.~nitl9~tIQn.Pfi'l~s.t':.. 'JJt~~Tfu~tl'l~ ,.shall berT1~~',f. ~~~yt~',S'.r' sh~11 irite.rv~~ein'~~~:~~ctiori', d~pr,<:iGeedin~:affe91ing
<br />t~EtPrOpEutY.:QC thlSi tltl~,tMr'tQ!:Qf Jhe Inte~~ of'the Trustee. or, ~enefIClarY. ~der thll'! Deed of Trust'; .the Trustee and BenefiCiary shall
<br />blil JeimblJrjijd by Trustor. immed'iately ana without demand,for all reasoric/Rle costs, charges and. attorneys' fees incurred by them
<br />or either of them in any such cas~, and the s,ame stlall be secured hereby af? ~. further charge anq lien upon the Property.
<br />"
<br />
<br />
<br />5.4Suqc8ssor Trustee. Beneficiary may appoint a successor or replacement Trustee in accordance with the provisions of the
<br />Nebraska Trust Deeds Act.
<br />
<br />ARTICLE VL MISCELLANEOUS
<br />
<br />In addition to allothermiscellaneous provisions under the Loan Documents which' areexprassly incorporated asa part of this
<br />Deed of Trust, the following provisions will also apply:
<br />
<br />6.1 Term of DeedQf Trust. This Deed of Tr.ust shall continue in full force and effect until this Deed of Trust is released.
<br />
<br />6.2 Time of the E."nc.. Time is of the essenCE! with respect to payment of the Obligations, the performance of all covenants
<br />of the lrustorand the payment of taxes, assessments, and similar charg!3s and insurance premiums.
<br />
<br />6.3 Subrogation. The Beneficiary will be subrogated to the lien of any mortgage or other lien discharged, in whole or in part, by
<br />the proceeds of the Note or other advances by the Beneficiary, in which event any sums otherwise advanced by the Beneficiary shall
<br />be immediately due and payable, with interest at the default rate set forth in the Loan Documents from the date of advance by the
<br />Beneficiary to the date of payment by the Trustor, and will be one of the Obligations secured by this Deed of Trust.
<br />
<br />6.4 Choice of Law. This Deed of Trust will be governed by the laws of the state in which the Property is located. For all other
<br />purposes,the Choic~~f I~\N spe;lfied in the Loan Do~~rnent~~ill govern; ". . ........ ..,.' ..
<br />
<br />. :B,~'~'l.r..pi.UW,,'O\l\il.liqi~~C,l,Inel;\t8rc!91ibili~yQf :~nyprovf~iRn Q-fthis P~,!3p. of. T.ru~t shall not <Iffe91 (hii' validity prenforCElability
<br />of any other provision.
<br />
<br />~.6 entire Agreement. This Deed of Trust is intended by the Trustor and the Beneficiary as a final exp~ession of this Deed of
<br />Trust andii a complete and exclUSivE;l statElmentof its terms, there being no conditions to the full effectivenei:1s of this Deed of Trust.
<br />No p~rQI~yidence of any nature'h~J.be used to Supplement or modify any terms.
<br />
<br />6.7 Joint Liability; SiJcceS&oraand Assigns.' If there is more than one Trustor, the liability of the Trustors will be joint and
<br />several, and the reference to "Trustor" shall be deemed to refer to each Trustor and to all Trustors. The rights, options, powers and
<br />remedies granted in this Deed of Trust and the other Loan Documents shall extend to the Beneficiary and to its successors and
<br />assigns, shall be binding upon the Trustor and its successors and assigns, and shall be applicable hereto and to all renewals,
<br />amendments and/or extensions hereof: '
<br />
<br />6.8 Indemnification. Except for harm arising from the Beneficiary's or the Trustee's wil.lfulmisconduct, the Trustor hereby
<br />indemnifies and agrees to defend and hold the Beneficiary and the Trustee harmless from any and all losses, costs, damages, claims
<br />and expenses (including, without limitation, attorneyS'fees and expenses) of any kind suffered by or asserted against the Beneficiary
<br />or the Trustee relating to claims by third parties arising out of the financing provided under the Loan Documents or related to the
<br />Property (including, without limitation, the Beneficiary's failure to perform its obligations relating to Environmental Matters described
<br />in Section 2.8 above) or the exercise by the Beneficiary orthe Trustee of ariyoftheir raspective powers, rights and remedies under
<br />this Deed of Trust. This indemnification and hold harmless provision will survive the' termination of the Loan Documents and the
<br />satisfaction of this Deed of Trust and Obligations due the BenefiCiary.
<br />
<br />6.9 Notices. Notice of any record shall be deemed delivered when the record has been (a) deposited in the United States Mail,
<br />
<br />
<br />1714Ne
<br />
<br />Page 601 8
<br />
<br />~-~
<br />--.........,
<br />
|