|
<br />I
<br />88-io0128
<br />
<br />I
<br />
<br />and, wlthoul ~.'i.h.lI~ Immediately due and pavable by Ttuslar Ind shall
<br />bur Inlll'. ~hlt11fi:l1)um allowable legal ral8. provided. hOW8V1U, Ihl' I' th.
<br />optlor. Or 8In.IICI.,y or Trust.. 'such lums may be Iddld to Ihe prinCipal blllnC8
<br />of Iny In65blednlll ..cured hereby and aha II belr the ume Int"1I1 II ,uCh
<br />1ndM)I4tdnell and ,hall be payable ra..bly ovel the ,emalnlng term thereof.
<br />
<br />10. AulgnMent o' ".nt.. Beneficiary shall hawe the iight. power Bnd aulhorny
<br />during lhe contlnu.ncelof this Trust Deed 10 collecllhe renlS, issues and prollla of
<br />the PfOperty and of any pOlaona. properly IOC81ad IhareOR Wllh or withoul laking
<br />poe...alon of the properlY affected hereny, Bnd TruslOI hereby absolutely and
<br />unconditionally ...Ignl all such ,enll. Inues and profits to Benellciary.
<br />Beneficiary, howevlr, hlreby consents to the Tlu6tol'S colieclion and lelentlon 01
<br />IlUCh rilnll, InuIs aoo plollls .. lhey acclue a.nd become payable 50 long a,
<br />Trultor II not. al .uch times. In del2utt with respect to payment 01 any
<br />Indebledneal MCured hereby or in Ihe performance 01 any agreement hereunder.
<br />Upon any luch dllautt, Benellclary may al any time. either in pelson, by agonl, or by
<br />a leellftr to be eppolnted by a court. wUhoul noUce and wilhout legard to lhe
<br />adequacy of any HCumy for the Ind,btedn... hereby ucured. (a) Inler upon and
<br />take poa....lon of 1M Property or any part t".,eol, and In II' o__n nlm. sue for or
<br />Gthltwl.. coUeet luch rani I, IlIu.. and prolils. InCluding Ihose pa,1 dUI and
<br />unpaid, and apply the lame. lell costl cnd ..penses Qf ol>OrahOn and collection.
<br />including r...on.bIe anomey IHI. upon any Indebtedness secured hereby, and In
<br />auch ordlf II &.nallc!ary may determln.; (b) perform such acts of repair or
<br />protectlon.1 may be nece..lry or proper 10 conSlrve Ihe value ollhe Property; (C)
<br />..... the ume or any plrt thereol fOlluch rlnlll. term, and upon such conditions
<br />II "I Judgement may dlelatl. Unlell Trultor and Beneficiary agree otMrwori81 In
<br />writing. any .ppllcallon 01 renl8, Issues or protlls 10 ~ny indebtedness HCured
<br />,..,.tJy anall not extlnd or poalpone the due dale of the Installment paymenls II
<br />provided In Hid promissory nole or Change Ihe amount 01 such Installments. Thl
<br />enl,,'ng upon and laking possession of lhe Properly. the colleclion 01 such rents.
<br />Juuea and proflte, and lhe application lhereof as aforesaid, shall not waiye or cur.
<br />any del.ull Of' notlcl 01 defaull hereunder. or lnvilh(fate any icl done PUfSU&l1t to
<br />auch notice. Trullor .Iw assign I to BeneficltU). as tuUher security lor lhe
<br />perfOfmance ollhl obllgallons secured hereby. all prepaid renls and all monies
<br />whkoh may hava be6n or may hereaUer be depoSlled wllh Sill:! Trustor by any leesee
<br />of the Property, to MeUI. the plymant 01 iny renl. and upon deflult in IhtI
<br />performance of any of the provisions hereof. Trustor ..gfees to deliver such rents
<br />and depolltl 10 IhI Baneflcllry_ Delivery 01 wrillen nollce of the Beneficiary'S
<br />.Jerel" of 1M rlghll granted herein, 10 any lilInant occupying said premiUllhln
<br />be auttlc..nt 10 requlr. uld tenant 10 ply said renl to lhe BenefiCiary until further
<br />nallce.
<br />
<br />11. ~........... Within 10 dl'" .Uer amand. Tru.tor lhall IUIOlah 10 TrUll..
<br />. ecMGI" certllied 10 be IN.. Mtung tanh all $Hae. 01 $paIce In the Tru.t
<br />~ then in enect, InclLldlng, In each c.... IhI name o' lhe t.nanll and
<br />_Ie. . clMcIIpllon 011.... _ oce.p1ed by ouch 'enanl .ncI occupan~ .....
<br />,...... pa~'" 'or .uct1: apacl and auch Olher InlormaUon and 60Cumenla _Ith
<br />~ 10_ _ _1_.....1.... Trull.. m.yrOQ"""I,
<br />
<br />WIthout "" pdor .rUlM coneer.1 o. TrUll... TrUltot ahall not. directly or
<br />_ty. ."" _llo..y _ 01 ___ In I"" clMCr_ prem'_. w""I"'"
<br />IUCft .... .1 now Of her..tIer In e.latence; CI) eceepl or permit any prepayment.
<br />cIIIIcounlOf !advance ,ent payable therliUl"Clel; (b) cancll or termlnat, lhe ume. or
<br />...... _ _..Uon. I_lion or au"_ IMlOOI. or permit .ny __110
<br />00CUf whIch..,ould entlUe 1M ...... thereunder 10 Ilfmlnatl or canc:elIM aarne: (e)
<br />__ or modify thl UIM eo u 10 reduce I.... term lhereol. the rental payable
<br />......... Of to dlange an, ,.,..al prowt.lon. therein contained; (e!) ....... any
<br />_ __ or _ 1......IlOl; (I' gl.. .ny con_I. ..._ or _ow81
<br />........... Of ... ....y ot..r ecti"on In connecllon t,......Uh. Of with . ......
<br />............ wttIctt would he.. the efteel oIlmpaklng the value 01 "Iaor-a Inl...t
<br />_. an I.... Pr-,y ......11........0. or ollmpelrllllll.... ~'Ion or'n..,...1
<br />01 .. True_ or _1GIety; or (I) MI'. "allIn. pledge. morl_ or 01_"
<br />~ot, Of ~.It.lnl__t In any MK;h..... or any r.,t....... Of profll'
<br />leeIoIrllIor_lllItIW..._,
<br />
<br />1Z.C' .In IIt11..IO..yl*101l....Property''''''II...I...onlnC_llon
<br />..-....., rIgIlI 01__1 -. or _let eellan. lit ....11... __
<br />_ 0I_11on..1I .werde. __ _ pr_1 ~ haraOy ueIgtood
<br />_ eMIl ... peId 10 _Iclaty _ _ _,y _ .._. de_ .ncI
<br />,.-tc 1Iw..- aecuraCl'" I.... TN8l_. with the ...,...II..y. peId 10 I....
<br />T_. T_wtll_'ty, _ with _ eltI~.,..,..,. .It... _ _I_the
<br />~ pert 0I11w TruaI "-1Y 10 Itl lormer _'Ion _tanllelly to tIw
<br />__.._mey'" __.....looonelllula.GOftICllMa__
<br />....
<br />
<br />11......_ Upon _I 01 T_. _Iclaty. .1_Ic*y'.optlan.
<br />.... to nAOl .,111_ of... "-1Y to.... TruMor,....~ INIU M.... ~ to
<br />..T_.....____..._-._..._..,11IIe
<br />T_ 0.- _ _ .., ..-, _ ....Ing I.... - - ....
<br />__ ...wr. ...- _ 'et "" _ _ ... _ ~ fut...
<br />-..... -.. _ _ to..-..~, __
<br />......,.-C...,.. ...........".......--.....,.
<br />
<br />M....-.~AII_~..._TruaI_..._-
<br />__....._........-.__TruaI_._........
<br />....................__._*'...6.-4MC.,.. . .at,.
<br />
<br />~
<br />
<br />.. r ~.. Upon"'_", 1....,or...the pe~'" _
<br />L 'It . f _ _.......,....... .."........_ 01_"-_,
<br />...-,....-... --......., -.....--~..,
<br />-''' T_ '" _ _ 01..,_. TIle T__ _ '-...
<br />_.. _...... "'-'Y _" ~ _.... "-1Y to... -. It
<br />.......... _T__ Truet __ellllfllllll--r_ __Ie
<br />-.... ............. __ .......,. _ _ .,.._ 10 T_ . _...
<br />_ et _ _ _... to_...."-1Y 10'" __ _ tile T....,..1n
<br />_ _ _........, _...... tile '- __by...., _ _... """
<br />_"_...T_.
<br />
<br />(It A... tile ... ... _ 11_ .. mey ... roqulracl .., ... l-..g Ilia -
<br />_... _ not...... .......It. _ notice of C1e1...1t _ _ 01.... hewing
<br />_.......~..,... .... T_ .11_1_ on TnMor, __
<br />..,......, on tile _ _ .1...1_ _ ~.,.......... _ notice...
<br />-. et ..- _Ion 10 tile ...... _. 1Iw .....- prIc8 118"" In
<br />....... _ 01... UrIIIOlI.-..... _ 01_, TIle _-inlI
<br />.._...., Ior_ _.._..,-I._'-the_Ifgft 1_
<br />..__"_...~_.In.-y __ nallGaof__
<br />_ _........by...- clec_1on I_I'" _ _.1 t1w_
<br />- ..... .... -"""" lor .... _; prowIcled, " ... _ .. _tponecl lor
<br />__ _ (t) .,., -.,- 1Iw .,., .,........ ... tlla _ ... -. not'"
<br />........_ ....-... tIle__.. tIleorlglMl_of_.
<br />
<br />T_ _ _ _ _to.......-1IIe _ -'"tI tIw
<br />'-1r__ ....1___._....,_........-. T....
<br />_111.._...__.._._..._....... ......
<br />___ -....,.",....... -..........". _...- et ..
<br />MIa.
<br />
<br />.. _T___-'Iotlle_-.....T----.....
<br />,.-01.._ '" __'" ..___0I.........1Iw
<br />_ et _ _..... -'3 tile -- 01 tile T_"_
<br />-.-.notlo__ ",01.._....__10
<br />.._III.............teI... ---
<br />
<br />tel _-"'-...._~III ", ........t1t1le_....,T_.or
<br />.._----..---Itb-..--
<br />10.......-...,,-...--...__.....--
<br />....~oI:
<br />
<br />tII Ceetol__oI___...___......__oI
<br />
<br />....-~
<br />
<br />" AIl_ _ __......1IIy;
<br />
<br />tIIII TIle_,It_.IO.._....Ity...II....I_
<br />
<br />16. Dull.. .nd Obllg.Uonl of T"'.t.... (I) The dull" and Obligations 01 T'ull..
<br />,hili be delermlned t10lely by Ihe '''pfeil provl'lon, olthl Trull aNd .nd TrUll"
<br />,hall nol be lIabl, excepllor the performance ot 'uCh dull.. and obligation. .1 .r.
<br />IPlcllloally Itl forlh h."ln. Ind no Implltd GOV,n,"'1 or obllgatlona '''an be
<br />Impond upon TruII,e; (b) No prO'll lion ollhl, TrUll D.~ ."an rtqulr. TrUlt" 10
<br />upend or rlek his own fundi. or oth.rwlll Incur .ny IInlnelll oblle.UOn In the
<br />~rform.~c. 01 Iny 01111 dull.. h.r.undll. or In thl 'J.llcIH 01 Iny o. Iii rl;ht or
<br />powers. 1111 shall have grounds lor believing that the replyment 01 luch fund. or
<br />adequate Indemnlly agalnsl such risk or lIabUlly la nol r..sonably ...ured to It; (el
<br />Trustee may consull wUh counsel 01 his own choosing and the Id'tl~ of Mlch
<br />couns,1 ahall be lull snd complete authorization and prolecUon In Ihl rupeet of
<br />any .ctlon laken or !IutfBled by H hereunder In good tallh and rellancl lhereon; (et)
<br />Tlustee shall nol be liable tOI any action laken by him In good lalth and
<br />believed by "1m to be authorIZed or .....Ilhln the dlacretlon or rlgh!a of pow"l
<br />conl.ned upon II by thla TrUlt Deed.
<br />
<br />11. AcldlUonaI s.curttyln.trumMll.. Trullor. at It I e.penll. will aXlCutl Ind dlUw.,
<br />to the TruIII.. promplly upon d.mand, .uch NCurlty InlUumentl a. may be
<br />required by ltult".ln lorm Ind substlnce 1.lllfectory to Trult... covering any 01
<br />''''' Ploporty conv.y.., by Ihll TrUll Deed, which Heullly In.lrulMII(1 .1\811 be
<br />.&slUonal alCurlly lor TruDlor's faithful per'Ofmanea 0'.11 o'll'Kllarml, covananll
<br />Ind conditione cllhl. Trult DHd, lhe promlnory not!.!. MCured hereby, .rid any
<br />other HCurlty Inllrumenta ..eculltd In connectkm with th!1 tranaacUoft. Suct'I
<br />Inalrumant. Ihall be recorded or mad. and r..,ecorcsed and refUld, at TN.lor't
<br />expen...
<br />
<br />18.111__
<br />
<br />(a) In the event anyone 01 more 01 the provision. contained In thle TrUI' DMd or
<br />the promlllory nole Of any other NCurfty Inetrument gl-ten In connection with
<br />thl, uansactlon Ihall lor any reaaon M hlld to be InvIUd, lUega. or
<br />unenforceable In any r..peel, .uch Inv.lldlty, illegality, or u....."\lorCMblllty
<br />ehtll. at U'll option of Benellclary. not aUect Iny othel prowlalon of thll Tr~t
<br />Deed. bul Ii'll, Trust 0Md shan be COOltr.Jed .1 If .veh Inwalld, 1f.1, or
<br />unenforceable pro~I!lon h.d heYer been CQ-nlalned herein Of therein.
<br />
<br />(b) Thl. Tru.t Deed .hall be con.lr~ Iccordlng to the Iawa o' the St,.. o'
<br />Nlbraaka..
<br />
<br />(el Thll Trult Ilaa<l ,h.1I Inurl 10 .nd blnel ''''' !leI.., leg. I.... --,
<br />admlnl.lraIOlI. I.ecutor.. ,uCC.llor. and a..lgn. of ~he partl.. t\erltO.
<br />
<br />(d) Trultor .hall pay an IU8S Ilvled upon thll TrUll 0Md or the debt MCUrecl
<br />nereby. tog.lher wUh any otf\er t.... or .....Imant. which may be ..-ned
<br />against II... TrUll.. or Beneficiary or the legal hOlder ot aaJcI promlMOry notl
<br />on account 01 thllndeblldne81 evlcs.nced thereby.
<br />
<br />(') Whenever u.-d harlln. the Singular number .hall Include lhe plural, lhe
<br />Ilngutar. lhe UM 01 any gender INII be applicable to an genderl. .nd the term
<br />"BenellClary" .hall Include any pay.. ot U... lncleblednau hereby MCUred or
<br />any uana!., u...reot. whether by operallon o. la. or otherwl...
<br />
<br />18.1ucceaMf ,........ Beneflcl.ry may hom lima to tlm. .ubltltut.. IUCceuor eM'
<br />auc:cesaor. to any T,uII.. named hafefr. Of acting hereuncler to e.ecuta thll Truet
<br />Deed. Upon .uch appointment and wUhout conveyance 10 the aucceuor Trvat...
<br />the laltll ahan be wulld '111'111\ aU title. pow.'. and duU" conlllftWd upon an)'
<br />TrUlt.. Mreln n.med or acUng h.r.una.... Each luch appointment ar.ct
<br />_tltullon """II bo mecla by wrll'" ....'ru"*'l by _Iclaty, oontalnlllll
<br />relerence 10 11'111 TrUll Deed and itl place ot record. whktl when recon:Ied In Itw
<br />oItlce of ..... Rag"'" 01 _I 011.... counly or counl'" 'n _ MlclIH-'Y ..
<br />"I",,'ed lhAlI... c:onolu.... prool 01 pr_ eppoInlmonl 011.... _ T-.
<br />The loregoIllII _ 01 auballlullon .ncI ..... procaclu'" lharatOl1l ....... nal ...
<br />...clu.1ve of thl power and procedure PfCwk:led lor by law lor the l~tIl"UOl"l 01 .
<br />Trval. Of Trval..ln lhe place 01 the Tru.tM.
<br />
<br />20, F_ ... _Idery or T....... _ . ._. Any t-.noa ..,
<br />e.n.tlClary or Trvat.. In e..rclllng any right or lemacty hereunder. or ot,*-_
<br />aUOfClld by applicable I... .MII not be . ..Iwer of or PfK'ude ... .....cl.. 01 any
<br />rlghl or r_r .........-, Uk_I". I.... w.l_ by _lie"'" .. Truel.. 01 en,
<br />de..""n of TruatOf under 11'111 Trull DMcIa1\a1l not be cieIlmecI to _ . waner of."
<br />at'- Of altnUar delaulla aubMQUMtlJ occurring.
<br />
<br />. "./i
<br />
<br />;:1
<br />-.~
<br />l",,,-
<br />r(
<br />
<br />2t, T_ _ _ &1_ ... lho lima tor peymon' or mocllllcellon or
<br />emorllullon ollila auma aacuracl by IIlIa Trull _lII.ntacl.., _Ilclaty 10 MY
<br />_In In_I 01 TNllor _ not _... to -. .n _ _.11Ia
<br />_Illy of I.... orIglneI Truel'" or Truel.... __ In In......~ ~ _II
<br />nal'" __100..-- ~ ~I- _.._'"
<br />..,..,., U_ lorpeymonl..o.-moclIly__...the...".. _raCl..,
<br />_TruaI_..,_oI___..,tIleIlflllMlT__T_tor'.
<br />-.....-.
<br />
<br />!
<br />,
<br />
<br />!,
<br />
<br />2J. _" __ ...._ ___oITruaI..__ ""'"
<br />---... ...~- ---. -..- -.."
<br />____.._... "'~In__ _....-._
<br />_ .1... ..,...11 ",Ie oonl_ In ... _ _ ......., "- .. t_ 01
<br />__orpeymonl._II..._tol....~ 1 ,__..,_T....,
<br />___..._ted_.I_I_......._oI_~
<br />or peymont. _ ~I'" _ to'" _......."
<br />
<br />23. 0,-..,....... Upon I.... OOCU_ of _ ....__. _1cIery
<br />__theopllon 10toreeIGMlhll Truel_lhllla_"-", lewlor
<br />tIw lorec_ol__onreallH-'Y,
<br />
<br />2., T_. ttIIIM. _ Del... Until .0)' ..1...11 In I.... peymonl 01
<br />1__......... Meured or until..... breech....O)' cooanMI.....eln con..._,
<br />_ TilIalor.lI. __ _ .oaIgne. .....11_ _ anjoJ Ilia property,_
<br />_I.... ""'II _ prOtltl I_rom, Upon peymonl of .M ..._ aacureel ..,_
<br />TNlI_. __'" """II _I TNllealo r_I....1H-'Y __
<br />aunltftder IhIe Tru.. 0..0 and .11 noaa ewkIenclng IndIIbl..... MCurad by tNe
<br />T_I _ 10 Tru.I.., TNlI.. """II ,_ I.... IH-'Y .11_1 werr..ty _
<br />_I chotll8 10 Ilia 1*-' .....ty ..III.... t........o. TIle Or_ ... _
<br />_..... mey'" __............_ or _ ...11.... _0,"_
<br />tile raoIt.1o thoteln 01 .0)' matlorl or leell _II ... _01.. proof of I....
<br />trulhlulneu....eol. Such perton or peflOOlllt\all pay.l1 coelll 01 rICOfdIno. It any.
<br />
<br />;a, . . _ III .. E_ ... TI1OM... In t.... _111la m.. 10 ..leI_l..l.....
<br />IranaferrMl. or contrecled to be Iran,'erred, 110m lhe unders40ned 'Of any fMeOft Of
<br />br...,....hod whaleoever. U. entire pl'lnetpel IoU'" and Kcruad tnt...t....., al
<br />0llGII_ elue _ pey-., I....alecllon of tlla _Iclaty, Fallura to.._
<br />tNI option bKauIe o' tranl'er o' mle .. abowe .tatad "'t OM lnatance "'" na4
<br />ODMIttute a..... of 1M r6Ol'1 to ...cl.. the &arM In the.....1 of an~ ~
<br />_.
<br />
<br />. TtlIe _ ... Ir...' .. ,unlor '0 one ""eel
<br />
<br />N/A
<br />
<br />~
<br />'I:
<br />t~
<br />,.' .m
<br />
<br />...
<br />
<br />_",T_1o
<br />
<br />T_
<br />
<br />-""._'-1'0< ___
<br />
<br />__ _lor _d .lIh IIla .......or of _ _ _Iltled ..Iot_
<br />
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