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<br />6, Emln.nt Dom.tn. Lender IS hereby assigned all compensation. awards, damages and other payments or relief (hereinafter "Proceeds") In connection with
<br />condemnation or other laking of the Property or part thereot. or for conveyance In lieu of condemnation, Lender shall be entiUed at Its option 10 commence, appear in Bnd
<br />W prosecute In lie own name any action or proceedings. and shall also be entitled to make any compromise or settlement in connec1ion with such laking or damage. In the
<br /><:) event any portion of the Property Is so taken or damaged. Lender shall have the option.. I" Its sole and absolute dlscretic.n. to apply all such Proceeds. aUer deducting
<br />therefrom all calls and expenses incurred by it in ~on"ectlon with such proceeds. upon any Indebtedness secured hereby and in such order as Lender may determine. orto
<br />~ apply all such Pro(;\8eds, after such deductions, to the restoration 0' the Property upon such conditions as Lender may determine. Any application at Proceeds to
<br />~ Indeb.edne.. eh.1I no' exlend or postpone the due dete 01 any payments under Ihe Nole, or cure eny deleull thereunder or hereunder
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<br />o 7. '.rlonn.nce b,Lend,r.ln the event 0' Borrower's failure to perform any 0' the covens"ts horeln or make any payments required hereby. or if anyael is lakenor
<br />legit proceeding commenced which materially atreets Lender's inlerest in the Property, lender may in its own discretion. butwilhoul obligation 10 do 50. end withoul notice
<br />..... to or demand upon Borrower Ind without rele151.19 Borrower' om any obligation, do any act which the Borrowerha:s agreed but fails to doand may also do any otheract it
<br />deems necessary to protect the seCL:',l. 'VI a~. Borrower shall, immedlalely upon demand therefor by Lender. pay 10 Lender all COltB and expenses Incurred and sums
<br />expended by Lender In connection wit. . ~~ ....ett. iseby lender of the foregoing rights. together with interest thereon al the rate provided in theNate. which shBIl beadded to
<br />the lndebtednell secured hereby, Len....' . . hall not incur Bny personal liability because of anything it may do or omit to do hereunder.
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<br />8. E_ 01 DeleutL The following eh.1I conslltule en eyenl ot del.ull under this Deed 01 Trust:
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<br />(a) failure to pay any in'ltallmenl of principal or Interest or8ny olher sum secured hereby when due. or failure to pay when due any other indebtedness of
<br />Borrower to Lender,
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<br />(b) A bleach ot or defeull under any proyision conteined In lhe NOle, this Deed of Trull, any document which secures Ihe Note, and any other
<br />encumblance upon the Properly:
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<br />(e) A writofelilecution ora"achment or any limllar process shall be entered against Borrowerwhleh shall become.a lten on the Property or anypoltion
<br />Ihelool or in.....1 therein;
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<br />(d) The,. sllall be filed by 01 against BOl/oWflr en aclion under any prose..t or lulure lederal. .lale or olher slalule, law or regulalion relaling to
<br />bankruplcy.lnIOlvencyorolher teUellor deblolS: ortheleshall be eppolnledany Ilustee, receiver or IIquid.tor olBol/ower or ot all 01 any part otthePropeny. or
<br />the tenls, ..... or prolllslhelllDl. or Borrower .h.1I make .ny genelel a.signmenllor the benelil ot credilolS.
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<br />(a) The...., Ir.nsfer. _gnmenl. conveyance or tur1hel encumbrance 01 ell or any par1 01 or any ln1ereot on 1I1e Propeny, _ voluntarily or
<br />involuntarily, withoUI the ..pre'l written canaant of Lender .
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<br />If) If Borrower i. nolan Individual, the ..Ie. transfer, a&lionmenl. conveyance or encumbrance of more ,han _ pen::ent of (d a corporatiool lIS
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<br />iuueclend OU1atandlng.'ock or (II. plrtnelShlpl _ pelcenl D' plrlnersnlp 1n'lIfests
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<br />e. ..-;. ....... Upon Del8uit. In Ihe even. 01 any Evenl 01 Dol.ull Lender m.y aeelare.1I indebledne...ecured heIBby 10 be due and plyabIe_ \lie
<br />_1IIal1 Ihe....pon ~ clue _ ply.bIB wi\lloUI any presenlmenl, dem.nd, ploles' or noloce ot .ny kina. Therealter Lender m.y
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<br />(.. Demandthal Tru......ercl..thePOWER OF SALE granted her..n, anct TruSlee Ihall thereafler cause Borrower's Inlerftll" 11M! PropertW'tobesald
<br />and .... pr~ 10 be _'ibuled, all in the mannel prOVIded ,n tne Ne\)la.... Trust Deedl Acl.
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<br />(b. Elther.n peraon or by agent. wtth or Without bringing any .CUon or proceltdlng. or by . receiver appotnted b)l' . court and wrthot.It regn to Ibe
<br />adequacy of ttaleCunty . enter upon and lake poueulon of the Property. or anV pI,1Ihereof, In liS own Mme or .n the N1m8 0' the Trld.... and doanyacbMIICII
<br />it deem. neceuary or d"".b~'o prttterve ,,,. "'llue, markelablllt.,. or rentablhty at lhe Properly. Of parl thereof or InlefeSllhefetn. me,... Itw IftC:OIIW
<br />lhuretromor prOlKt thesecufll'I' her.ot Ind, .,th Of wllhoul taking POllelllon at Ine Propert~. sue for Of ottlefWlH'coltecl'therents.ll5Ul'lancl prof"""".
<br />InCluding thOle pu1.due.anct unP8td. Indlpply '''...me. leucolt.and e.pen., at opeflltlon and conee-hon mcludmg aUDmeys:lees. upon.nyllndIItJIeCII....
<br />NCUred hefeby, aU In IUCh order II Lend.' may delermlne The entenn; upon and liking pol.lilon 01 the Pfoperty. the coI'-CfJOn of $UICh rents........-.cI
<br />pto,....nd the apphc:allon thereof ,a1.for.Mld. sh.U not cur. or waive ~n'l del.ull Of nohce at Clefaul1 nereunCler Of Iflwlhda'eany acI done.n If'8IiCIOII8lDa&ICft
<br />default or pursuant 10 luch nottee o' dellul' and. not..tnltandlng 'he continuance In pouesslon of n.e Property or tne colJecbOn. rec:etpt.. appc:abaft aI
<br />fenla. '''''''' or plot.la, TrUl'" Of Lttncte, .nlll be e"'IUed '0 ea.'CIM every nght provldttd lor In any ot ttle Loan Instruments or t1W Ia. upon~'" en,
<br />event of "-autl. Including the no""o ...rc... Uw po..,ot IIle. and
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<br />tel Commence In action to 'OfKloae Ihls Deed of Truit a, . mort".~. appoint . r~lver 0' specdlc,aU" enforce ,an,. or the COwenantli.......
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<br />Nore..-, """.lncom.,red upon or rnervedlO T'UIIN or LIMaf .,.n'.nded to bee_CIUllvtl at anv O'Mr remecJv nerrm or bv 'a. provllJeiI or pet'"'unea.bLlleKft......
<br />cumuLltiwe. 'IhaII bII linaddltlOn toeverW ot"" r~y Qlven "'-'.under or no_ or nere.U.r ea.1111nO It .1. 01 1ft eQUltw or by statute and m.y bee&erCtlleGc:onaIrNIIItlr~
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<br />'0 T...... The TruaIM ma.,. '.-.gn at .ny I'~ .,I"oul cause and Lender may al any lime ant! .It"oul UiuW IppoInt IluCCft,.or Of ~.. Tf"UiIIe ,...-
<br />..... not"""'" tor eny 10M Of damage unIeU d4a 10 ,ac"~ nttgltQeflC' or .lIlful m'Konduc' Ind .".11 n01 be 'f'Qu..ed '0 fa". anw act.on .n ~....-
<br />..dor~.I 01 thtl Deed 0(1 TrUl' un.... .ncamntflil'dl In Wflltnlil 'Of all COI.I, CompenMllon or e.pensellW'''~ ma~ 1M' .'$OCtl'ec1 trw!1!WItft ~n ~1CIf'I, TfUIIIe....
<br />bKomI. ~r at .........041... Propwtr UuChc:"'or u~ 1"- powet ofUlev,anlaG ""''''1'1 pailPoM' ItIe ute 0' .11 Of ..nr pDf1lonof.""" propetty ,..~t:tr...;
<br />or"" \he Pr-'" ... _, 01' on _.Ia palcal' or lot.
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<br />11 ,............ Upon requnl of Borrower. Lendef may. at.u opIton, mati. addl'lona: .nd ILI'UI" oIdv.ntelAncI.MLtv.nc:et 10 Borr~ Sucft____
<br />~.... anlefWllltMHeOn, ~tI.. UC'Uf'ed by tn'l Deed 01 Tru.t At no I.I,..lha1l 'he prlntlpal _mounl of Ute In(IM),.dneti1i llPCur.c "r Iftll 0McI dTf'UIl. ftOIIlift~
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<br />eludlnglUlftlldvancedtaprDteCl_eecunlyoftrul ONdof Truit. ..ClMtdtIWOf.glnllpnnctPII'amounll...lilfdhefrln 0" - ~III
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<br />ca) -..-.... -..-..s, Eleens.on of !he Itrne lor ,..yment or modlftcallon of .monll."on of thf! 'ioUmJ, WCuffl'a tlw inti, OMCII 0'1 Trull............
<br />LMtder to ""~ -..ccMIOI' In fntlfnt 01 BaffOldl' Inlll not oper.'" 10 r....... moll'. n\lnnet. 'he '.atull." 0' the Of'4glf\&1 BDnowe'l II""" 8on't'twef'i ~'"
<br />6ft....... ........".... not.. req"ur~ '0 com,...nc. prOCMdfngl aoaln.. luch IUCCft'lOf Of NfLlH lo..'end tune 'Of 1)8)''fM'O' Of otner'M"IlT..or:t"'~
<br />of ttw IUfM .-cUflNl by' thfa o.ecs Of TrUll b, ,..ton at Iny d8m8ncJl made by ,he onVIRlI Boftowet .nO BD'f'o.... .. 1ovOtftloOf' In .n'~
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<br />(It 1 ~.--.. Wtthoul.Hec:tl"'il'.... "Ibllltr oI.ny otne, P<<1Of\ ...b.,for .....pa'mentot .n, Obll"...on.....r...n rftPnhonedl..ndWltno.fta1'tecl'"lll
<br />.......O'Cftalge oItbtSOMcI of Truat upon any pot1lon ot ,,. Propltf'Y not ',,-"Of u.r.lotor.......MCI.......amt' 'or""full..",ounlot .1l...~CIbIkgabOMi.
<br />L.,.., ma,. from."'" '0 '.meAncI wllhout notICe t.. '......n" person aD IIAD'-. (UI..t~tM malUT.rtr Of '*"*' .anr.-oIthelermli 011 anrsudhObltOAbOM.("')
<br />granlO'lhef .nctv~... ('W. ,......or reconwey. or cauM10 .,..-Naf,ed Of ,..conveyed.t .n, Ilme..'L~ . opt6OMaft, "'t~.porttOnOtaao! -,.,..,.,.,~
<br />CII"J ~ Of' ,..... an, other Of addlt.onal MCun'y 10' Iny ob1ilQ.'10ft..e.n mentIoned, Of~If~1 mak. COtrIpoI.l160n,orottwf .'....ngemem5 ...",,-cll!lMQIfI"" ~
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<br />tel ~_." L.8ItdII..... ...... Any tOfbe.rance by L.nder ,n e.erClllng an" rlQn1 Of 'rmeclr ~nM1' Of' ~."0f1Iel:'t)" ~
<br />.......11 not be. ..,"' Of or precluCle'hI...,CIM of .n, luc.hngtU or ~y The p'ocut~nt al lnlur.r.clf or~P8rmenl O'l...... orOftWt q.enlo.-~
<br />tIy L....INI. not be. __ 01 L....'. r'llnl to leaP....,..... maturlly ot U,. ,n(le\),,,,,...., _urllO fl. In.. Oooea 01 ''''"I
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<br />(al ____...... --..; ~ _ ......,,-,;~. ~ co,,*nan...no .0-.... "",...n CDf'ta._o ....,,_. --ngnu
<br />.................... tnure to, 'ffW respect,.,. succeuort..nd ut.tVn. Of L.nCle,.aNl Bof'OWlI" lub,.cl 10 lhe prDVIIIDn, of PI,ag,aph 8 ~I!'I ~ AUeowenantsafttl
<br />~oI Borrower'lhall be,OInt .nd after.. Tnecap'honl.nct M.dlng, 01 .n. patafjJ,.ph. 01 th.. ~ 01 Tru't .,.,01' conwen:tenc:e onl",.n~.f'tlnO'1'c'"
<br />uIIIO 10 ontarpra\ or deI_ \he pr"",_ _aot
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<br />(e) ................. TM part... herebw- reQu"' 1111' A copy af an, nallce 01 df!otault htIreunMf and. cop~ 01 ..nr notlct' 0' ..'te hMevhClerbetnAtleelO
<br />eect'IPlf'ty lothrlDMd of Trult at '.....ddre.. Nt forth IbOv. I" lhe mlnner p'l!'s,crlbet! bv .ppIIC.b~ 1,_ e_upt '10f I"VO'Mr nO'IICe'"u.rwd.."....app'lI~
<br />law 10 bel g;wetI in &nOtnet' manner. any nottCe prowtded for In 1"11 Deed 01 T ru.1whlU bfI gl...en by mall.n" SuCh nO!IC" b~ C.nl'..a ma.1 ~......o tot'bl'otfMI1
<br />.-n-. at IIle __ M110flh_
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<br />AnW' nota pr~ 'or In thll Deed of Trult thall be ~med to nl" been given 10 Bon01lter or Lendet ....,. 91...en en lhe manner ~...."
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<br /><<'I .......... Lendal may mak. or c,u,,'O ba m.d. l..son.blB .ntrlll'll upon .na 'nspact,onl ot IIle Properly. pr- u.allaft\laf -...............
<br />nota prior to .nr .uch '_lion 1I*',1,'ng rusonabl. c.u..,he..,or ..I.led to Lena.r', ,nle...t In ''''' Ploper1y
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<br />(g) .......,_, Upon plymant ot .1I.u"," _uled by Ih.. Daed 01 Tru... l_" sn.llrlQUlSI T.u..... 10 reconve,_""-"Y_ _lI......nda'
<br />III" DaacI G1T,ulf and.lI noIltl1evidenclng Indelltatl_ _uled by \Il,. DH<I ot TrUI"o T,u_ Tru._ .hell_on.., IIle "r~"- .....nt' an<!
<br />.Ithout ChatII' 10 lhe PI'ton or pefNM'llaeglllW' entttted ther9to SUCh ~rIO" Of perl Dna Ihall pi" all co." 01 r""cord.hon 11 _nt
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<br />Chi ........."...,.,t lee....,............. AI additional Mturl.y for th. payment of Inll Notl!l.11 'I.'ute. equlpmllnt ana other 1)erwnAl ~UIeCl
<br />'nCOfll'lilCtiOtl_lthttterul nt...or improvement. located thereon, .nd not other.'M decllred Of dMlmeoO 10 be. part Of Into 'Hles1.te le'cur.c ~y ~hal1 be
<br />~t taa'IK"rtty .n..,..t tn '.wor oft"- Lender un..r Ihe Nebr.'ka UnlfOfm CommerCll1 Codl! Tn" .nslfum.llnl."'lll beconlttuedlasa Secur1lv -'gfNmen,
<br />UIldarUld CadI..nd the Lend.,.hell n....1I ",.'Ight. .nd rem..."" 01. _urllO p.r1, unde, sala Coa. ,n .aa,"on 10 the nohll.I\Cl_... CfMleO_
<br />_ accordad the ~r pullUBnl to \Ill' DHa ot Tru.t
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<br />CI) .....,..n lhe IIMtf11ltwt any ptcwtaton of thll Deed of TrUll cantllel ....lIh appllclble IIIW or If II dl!'ttlred ,"vahO or OthforwlM! unenfDtCNb'e. s.uC"
<br />conflict 01' IMalldily"'." not Iliaci ".. othvr prov,.,on, ol.h.. Dee<l 01 Tru'l Of Ih. Note wtllch c.n be g,..n .IIee. ..,tnoul In. conlhChngp"""",on. .na 10"'"
<br />lIIlCI\he prOWl_ 01 \he DH<I ot T,ult .nd th. Not. .,e decl.,ed 10 bIl ......ble
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<br />__ .... ..acuted ~ DH<I ot Tlull the ~II. wrllt.n 'bo.e
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