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<br />88- 103094
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<br />(c) After paying the Items speclfladln subparagraph (b), II the sele Is bv Trustee, or the proper court and other costs 01 loreclosure and sale II
<br />the sale Is pursuanl to Judicial foreclollure, the proceeds of sale shall be applied In the order stated below to the payment of:
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<br />(1) Cost of an avldence 01 title procured In connection with such sale and of any revenue required to be paid;
<br />(2) Attorneys fees;
<br />(3) All sumSlhen secured hareby and any liens having priority over this one;
<br />(4) Junior trua' deeds, mortgages, or other lIenholdera; and
<br />(5) The remaInder, If any, to tl'le person or persons legally entitled thereto,
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<br />(d) It the Beneficiary 01 Ihls Deed 01 Trust Is a bank as defined by Nebraska law, any statement contained In any other secllon 01 this daed
<br />nolwlthstandlng, The BenefiCiary shall not be entitled to receive or take and debtor shall nol be obllgaled to payor give: any confession 01
<br />judgment, power 01 attornay to conless judgment, power of attorney to appear lor a borrower In a Judicial proceeding or agreement 10 pay Ihe
<br />costs of collecllon or the attorneys' fees, unless such acts 01 collection would not olherwlse be prohibited by Nebraska law, provided, however,
<br />tt-at this aectlon does not apply 10 'he Trustee lee relerred 10 In paragraph 6 (b), provided lurther, that this paragraph shall not apply to Ihls Oee:j
<br />01 Trust, If Ihe Beneficiary Is not a bank.
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<br />(12) Additional Security In.trumant.. Trustor, at lis expense, will execute and deliver to the Beneficiary, promptly upon demand, such security
<br />Instruments8s may be required by Beneficiary, In lorm and substance satlslactory to Benellclary, covering any 01 the Property conveyed by this
<br />Deed 01 Trust, which security InsHuments shall be additional aecurlty lor Trustor's faithful performance of all of the terms, convenants and con.
<br />dltlons 01 this Deed 01 Trust, 'I'le promissory notes secured I'lereby, and any other security Instruments t1xecuted In connection with Il'lle transac.
<br />tlon, Such Instruments shall be recorded or I lied at Trustor's expense.
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<br />(13) Appolnt.nant 01 Succ...or Tru.t.., Beneficiary may, Irom lime to lime, by a written In.lrument executed and acknowl8flged by
<br />Benellclary, mailed to Trustor and recorded in lhe county or counties in which the Property Is loeated and by otherwise comply!JJg ioIlth the
<br />provisions or the applicable laws or the State or Nebruka subsiltute a succeasor or successors 10 Ihe Tru"ee named hareln or ac:tlfilihereun-
<br />der.
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<br />(14llnapec:t1ona. Beneficiary, or Its agents, reprosentallves or workmen, are authorized to enler at any reasonable time upon or In any pan 01
<br />the Property lor the purpose or Inspecting tl'le same and for tM purpose 01 performing any 01 the acts It Is aulhorlzed to perform under Ihe lerms
<br />01 the Deed 01 Trust.
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<br />(151 Option 10 Foreclosure. Upon t~e occurrence of any defaul1 "ereunder, BenefiCiary s"all have the option to loreclose this Deed 01 Trust in
<br />the manner provided by law lor the foroclosure of mortgages on real property
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<br />(16) FORbe.r.nce by Banaflcl.ry or Truat.. Hol a Walvilr. Any torebearance by Beneficiary or Trustee on exercising any right or remedy
<br />hereunder, or otherwise afforded by applicable lavl, sl'lall not be a waiver 01 or preclude the exercise of any such righl cr remedy Ukewlse, \he
<br />waiver by Benallclary or Truslee 01 any detaull or Truslor under this Deed of Trust shall not be deemed to be a w.lver of any other or similar
<br />deraults subsequently occurlng,
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<br />(1n Tru.tor Hol R....aed. Extension of tl'le time lor payment or modlllcatlon or amortization 01 tl'le sums secur8d by this Oeed of Trust gran-
<br />ted by Benellclary to any successor In Interest 01 Trustor snail not operale 10 release, In any manner, the llabUlly olll'le original Trustor and
<br />Truslor's successor In I"terest. Benellclary shall nol be required to commence proceedings agalnSI such succ.saor or reluse \0 extend lime lor
<br />payment or otherwise modily amortization of the sums secured by thiS Deed 01 Trust by reason 01 any dem.nd made by t"e onginal Trustor and
<br />Trustor's succassor In Interest
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<br />(16) a-flclary's Pow...., Without artectlnilthe Ioablllly at the Trustor or any otl'ler person liable tor Ihe p.yment 01 .ny ollllgallon herein men.
<br />tloned, and without artoctong Ihe lien or charge 01 this Deed or Trust upon any paction of 'he property nOlthen or tl'leretolore relll&sed as securlly
<br />lor Il'le lull amount 01 all unpaid obligationS, benallclary may, from time to time and wllhoul notice. lit release any person so liable. elf) e.,end the
<br />m.lurlty or .lter any of the ferms of any such obllgallons,(I111 grant other Indulgences, (Iv) release or re<:onvey. or cause \0 be re1ll&Sed or <&con.
<br />veyed at .ny time at BenefiCiary's options any parcel, porllon or all or the Proper1y, (vi lake or release any olher or .dOIl,onal secunty lor any
<br />obligation herein mantloned, or Ivll make compOsitions or other arrangements wltl'l debtors In relation tllereto
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<br />(19) Raconnyanca by Tru.IM, Upon wrotlen request 01 Benetlclary slalong thaI aU sums secured hereby have been p.ld. and upon surrenCler 01
<br />this Deed of Trusl and the Note to Trustee ror cancellation and retention and upon payment by Trustor of Truslee's fees. Trustee s"all recor"'e~
<br />to Trustor, or the person or persons legally entitled thereto, without wsrrsnty, any pOrtion 01 tl'le Proper1y then held hereunder Tile r&cdtals J'1
<br />sucl'l reconveyance 01 any mailers or f.cts Shall be cOllcluslva proal 01 tho truthlulness Il'lereel The granlee on any reconveyance may be
<br />described as "ll'le person or persons legally enlltled thereto'
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<br />(20) Nl)llcaa, E.cept tor any notices, demands, requests, or othol communications required under appl.cable law 10 be given In anctller man.
<br />ner, whenBver Benellclary. Trustor, or Truslee gives or serves any notice (Including, wl1l'lout limitation, nollce at delault and noUce 01 sale),
<br />domands, reQueBls or ot~8r communication wlt~ respect 10 I"'S Deed 01 Trust, each Such notIce, demand, requost or Olhor communlcatoon shall
<br />be In writing and s"all be effective only ., I~e same IS dellvored by personal sen/lce or mailed by certIfied mall. postage prepllid. retum reCeJpl
<br />requested. addressed to the address as sel lor1h at the begInning Of thiS Deed of Trust Trustor hereby requests '"at a copy 01 any noUce 01
<br />delault, any nollce of sale, required or pelmlnod to be given the Tlustor hereunder, be mailed to It .t the address sel lorth at Ille beginning 01 this
<br />Deed 01 Trusl Any party may at any time change ItS address for such notices by delivering or mailing to the otller partlesl'lereto, as.'oresald. II
<br />notice 01 sucl'l chango Any nOIlCO hereunder Dhall bo deomed 10 have been given 10 Trustor or Beneliciary. ",I'len gl~6n In Il'le mlllln6t (IaiIOft.,M
<br />herein
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<br />1211 Oovemlng Law. ThiS Deed 01 Trust shall be governed by tho laws of the Slale of Nebraska
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<br />(22) Succe..ora end A"liIns. ThiS Doed 01 Trusl and olllerms, conditions and obligations I'lereln apply to and lOuro I~ the bl!'neflt 01 and bind
<br />all parties I'lerelo, their holrs, legatees, deVisees, personal .epresentatlves. successors and a!lslgns Tl'le term "'Beneloclary"' shell mean the
<br />01Nnor and "older of 1110 Noto. whelher or n01 named as BonoltCl8ry herein
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<br />(231 Joint and S$verel L1.blllty, All covenants and agreements 01 Trustor shall be 1010' and several
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<br />(241 Sav.rablllty, In the event anyone or mo'e 01 Ihe proviSions contained In thiS Deed of Trust, or the Note or any other se<:urlty .nstrument
<br />glvon 10 connoCllon wltl'l IhlS IranaaCllon sl'lall 10' any rea Bon bo held 10 lie Invalid, illegal or unenforceable In any respect, such IOvalldlt"
<br />illegality, or unenlorcoablllly Shall, at the option or Beneloc.ary, nol affer.l any other proviSion ollhls Deed 01 Trust, bulthls Deed 01 Trust sllall
<br />bo conslrueo as If such Invalid, .lIegal, or unenforceablo proviSion had never been contained herein or IIlereln If the lien 01 this Det!'d ot Trust,s
<br />Invalid or unenforceablo as to any part of the deb\, or .f the lien IS IOvalld or unonlorceoblll as 10 any part 01 tl'lo Proper1y, the unsecurM O' pal
<br />tlally securod porllon of tho deblshall be complotely paid prior 10 the payment 01 the rem.lnlng and aecurod a. partially secured PllmOn 01 Ihe
<br />dobl, and all payments made 011 tho deb\, whother voluntary or under loreclosure or other enforcemonl action or procedure, shall be cons.derl!oQ
<br />to l'lav6 boen lirst paid 011 and applied 10 Ihe lull payment 01 thai porI Ion of tho debt which 18 not securod 01 not fully secured by Il'lo lion of thiS
<br />Dood of Trust.
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<br />(25) NUlnbar and f.aollndar; Capllona, Whenevor used here,n, Iho slngula' numbor shalllncludo the plural, the plural, tho slngula', and 'he use 01
<br />any gendor shall be appl.ceblo to all genders The captions and headings 01 Iho parag.aphs ot thiS Deed of Trust ore fo. convenIence only and
<br />are not to be u8ad 10 Intorprot or dolino the proviSionS hereof
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<br />(261 Accaplance by Trulla.. Truslee accopt, nllS I,u", whO" 1'118 Dond 01 'rU81 <luly o.oelllell and acknowlodgod .s made a publiC '''corlla8
<br />prov.ded by law
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