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<br />tj EmlMnl Domatn, lendor III halcbv "nlgmuS 011 compon5ll1l0n, awards. aamaQos and 0'''01 pllVmonts or rollol IIlfllomnllur 'Proceods"l In connocllon wllh
<br />c:ondllmnallon or olhor taking o'tho Plopalt'! or pall therool, or for convo,!anco In lieu 01 condomnllhon Londorshall boonll!led alllsopllon 10 commonco, apPoDl1n Dlld
<br />prosl!!'cule In III own name an'lllctlon 01 proceedlngl, Bnd chilli IIlso bo enlllled to mllke any complomlsc or settlement In connocllon wilh !lUCh tnlllng or dnmnge In tho
<br />evanl any pOftlon 01 the Ploperty II ao l.kllO or damaged.londor shall havo Ihe aptian. mils aolo and absolule dlacroUon, to apply nlllluch Proceedll, altar deducUng
<br />therelrom a\l COltl and lI.pensea Incurred by It In connection with such proceeds, upon any Indoblodneassecured h"reby and In such ardor as Lendor may delermlno, or to
<br />apply .1Iauch Pr(lclHlds. ,lIer luch deducuons, 10 tho reltoral1on ollho Properly upon luch condlllons as Lender may detorminc Any application 01 Proceeds to
<br />Indebtednesl shan nOl a.tend or pOltpon.the due dale 01 any paymenls under the Note. or curc any delaulllhereunder or hcreunder
<br />
<br />7 PHfonunc. b, L.ndllr. In thaevenl 01 Borrower's lallure 10 perform any 011110 covenents herem at make any paymanls reqUIred hereby, or II any act IS laken or
<br />legat proceeding commenced whIch malerlally alfeclsLende(s interest In 1he Properly. lender may In liS own discretion. but without oblloaUon 10 do 10. and wllhout notice
<br />loordemand upon BOrlower Ind wlthoul releasing Borrowarfrom any obligallon. do IIny act whIch lhe Borrower has agreed bul follslo do and may alBa do any other Del It
<br />dettms neceSSllfY 10 protect the aecuri1y herllol. Borrower shall.lmmedlalelv upon demand therelor by Lender, pay to Lender 011 coslsand expenses Incurred and sum II
<br />expanded by '-ender In connection wl1h theBllerclle by Lenderof the loregolng rights, togelherwlIh Inlereslthereon allhe rate provided In Ihe Nole, which ahat! be added 10
<br />lhe Indebtedness $Bcured hflreby. Lender shall nol IOcur any perllonalliablhlv beceuse 01 anylhlng 11 may do or omit 10 do hereunder
<br />
<br />8. Eftntl 01 D.lwll. The following shall consutule an evenl 01 delault under IhlS Deed 01 Trust
<br />
<br />(a) Failure 10 pay any Installment 01 principal orlnlerest or an,! olher sum secured hereby when due. or1allureto pay when due eny other Indeblednessol
<br />Borrower to Lender:
<br />
<br />(b) A breach 01 or delault under any prol/Ision contained In the Nole, Ihls Deed of Trusl. any document which secures Ihe Nole, and any olher
<br />encumbrance upon the Properly:
<br />
<br />(c) A wrll of ellecullon or aUachment or eny similar process shall be enlered against Borrower which shall become a lien on the Properly or any porllon
<br />thereal or Interesllhereln:
<br />
<br />Idl There shall be llIed by or againsl Borrower an acllon under any presenl or fulure federal, state or olher 51.atute. lew or regulation relaling to
<br />banllruptcy. Insolvency orolher rellel for debtors; or there shall be appo1Oted any truslee, receiver or hquldalorol BorroW3r or of all or any part oftheProperty. or
<br />the renls, Issues or profits Ihereof. or Borrower shall makc any generalasslgnmenl for Ihe benelll of creditors.
<br />
<br />(e) The sale. ttansler, assignment. conveyance or further encumbrance of all or any part of or any Interest In the Property. ellher voluntarily or
<br />I Involuntarily, wllhoul the express written consent 01 Lender
<br />
<br />~ ...uedl~nd'~::;~:::~~'s~:::::~~i:':~;,'~:~;:':';~ :::;~~7:~~e':;::::~:I:;:S~:umb"n'e nl morelhen - pe,cenl ol(iI a corporallonl 'IS
<br />
<br />9. R.medieS; AcceleraUClnUpon Def.ull.ln the event 01 any EI/enl 01 Default Lender may declare all indebtedness secured hereby 10 be due and payable and Ihe
<br />same shalllhereupon become due and payable without any presenlment, demand. protest or notIce 01 any kind. Thereafter Lender may:
<br />
<br />(a) Demand Ihat '!ruslee ellerclse Ihe POWER OF SALE granted herein. and Truslee shall therealler couse Borrower's interest in the Property to be sold
<br />and Ihe proceeds to bp. dlstribuled. all 10 the manner provided In Ihe Nebraska Trust Deeds Act
<br />
<br />lbl Either In person or by agen!. wilh Dr without bringing any aclion or proceeding, or by a receiver appointed by a court and wlthoul regard to the
<br />adequacy of ilsstlcurity. anler upon and take possession of the Properly. or any partlhereol. In lis own name or 10 Ihe name of the Trustee. and do any acts which
<br />it deems necessary or deSirable to pre:;erve the value, marketablllty or rentabtlily ollhe Properly. Ot part ",ereol or interest therein. increase Ihe Income
<br />therelrom or protect the security hereol and. Wllh or wilhouttaking possessIon ollhe Property. sue lor or otherwise collect the rents. issuelJ and prollls thereof,
<br />including those past due end unpaid. and apply the same. less costs and a.penses of operallon and collecllon IncludIng attorneys' lees. upon any indebtedness
<br />secured hereby. all in such order as Lender may delermlne. The enlellng upon and laking posseSSion ollhe Property, the collectIon 01 such rents. issues and
<br />profitsand the appllcahon Ihereol asaloresaid. shall not cure or waive any delaul1 or notIce 01 delaull hereunder or Inl/alidate any act done in response to such
<br />default or pursuanl to ,uch notice of delault and, nolwilhstanding the conlinuanca 1M pO'1SeSSIOf'l ollhe Property or Ihe colleclion. receipt and application 01
<br />rents. Issues or profits, Trustee or Lender shall becn1illed to t!lIerciseevery tight provided lor In any ollhe Loan Instrumenls or by law UpOl'\ occurence 01 any
<br />event of defaul1,mCluding the right 10 ellercise Ihe power of sale: and
<br />
<br />Ie) Commence an action to foreclose this Deed of Trusl as a mortgage. app.3IMI a reCelyer. or speclficallv enlorce any of the covenants hereol;
<br />
<br />No remedy herein cDnferred upon or reserved 10 Trusteeor lender 1& mlended 10 be CIICIUSll'e 01 any plher remedy harem or by law prOVided at permll1sd,lJut each shall be
<br />cumulative. shall be in addition 10 every olher remedy given hereunder or now or herealler Blllslmg allaw Dr 1M eQUIty or by statule, and may be eKerclsed concurrenll,!.
<br />independenlly or sUf:ceS:llvely
<br />
<br />10. Tru.'''' TheTruslee may resign at any lime wlthoul cause. and Landor may at any lime and wilhoul cause apPOlnl a successor orsubslilute Trustee. Trustee
<br />shall not be liable for any loss or damage unless due 10 acllOnable negligence or wllllul misconduct. and shall not be reqUired to lake any actIon In connection with the
<br />enlorcemenl of this Decd 01 Trusl unless Indemnllled. in wnllng. lor all coslS. compensation or eKpenses which may be assocl8led Iherewllh. In addition, Trustee may
<br />become a purchaser at any sale of the Property (judicial or under lhe power of sale granted herelnl: postpone the sale 01 all or any portion 01 Ihe property, as provided by law:
<br />or sell the Property as a whole. or In separate parcels or 1015.
<br />
<br />II Fulun AdYanUL Upon request 01 Borrower, Lender may. at Itsopllon. malleadditlonal and luture advances and readvances 10 Borrower. Such advances and
<br />readvances. With lnlerest thereon. shall be secured by this Deed 01 TtUsl. AI no time shall the prmclpal amount at the mdebtedness secured by Ihls Deed 01 Trust. not in-
<br />
<br />clu'ding lumsadyanced 10 prolect thesecunty 01 thiS Deed 01 Trust. clIceed the ongmal ptlnClp<l1 amounl stated herem. or S___~ '-'--~----~-" whlcheverlS
<br />greater
<br />
<br />12 MIICe't.MGUI Prowlllonl.
<br />
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<br />o
<br />CI':l
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<br />o
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<br />
<br />
<br />ll!ll Borrower Nol R.I....d. Exlenslon 01 the time for paymenl or modlhclltlon 01 amortlzallon of Ihl: sums secured bV Ihis Deed 01 Trust granled by
<br />Lender10 any successor In inleresl 01 Borrower shall not operate 10 release. In any manner, Ihe habllltv ollhe anginal Borrower alld Borrower's successors In
<br />interest Lender shall not be reqUired to commence proceedings agllmsl such successor or tetuse 10 e.lend lime lor payment or olherwlse modify amortizalion
<br />of the sums secured by Ihls Deed 01 Trusl by reason 01 any demands made by the ollglnal Borrower and Borrower's successors lM lMlerest
<br />
<br />Ib) L.nd.r'. pDWtIn. Without alfeclmg Ine l13bllily 01 any other persoll liable lor Ihe payment 01 any obllgallon herem menlloned. and WIthout alfecllng
<br />the lien or chllrge of this Deed 01 Trust upon any porhon olthe Property nOl1hen or Iherelotore released as security lor Ihe lull amount 01 all unpaid obligatIons.
<br />Lender ml!ly.lrom lime to time and wllhout notice Ii) release any person so hable.lll) elltend Ihe malurlly or aller any ollhe lerms of any luch obligations.llll)
<br />grant other indulgencell,livI rele8seorreconvey.orcause 10 be released or reconvevedat anvtlme al Lender's options any parcel. portlOnorallol thePropertl'.
<br />Iv) talte or release Inyolher or additional security lor any obligation herein menllOned. or IVI} make compOSItions or olher arrangements wllh debtors In rela1l0l
<br />thereto
<br />
<br />(c) Forb..ranc.by undtlrNol. W.IYlr. Any lorbearance by Lender In IlllcrClslng any rlghl or remedy hereunder. or olherwIlIeallordod by appllcable
<br />law. shall not be II waIver 01 or preclude the Illlercise 01 any such IIghl or romedy The procuremenl 01 msuranco or the paVmenl ollallo, or olherllens or charges
<br />by Lender Ihall not be a waiver 01 Lender's fight to accelerale the maluTlty 01 the Indebtedness secured by Ihls Deed 01 Trust
<br />
<br />Idl BuccellOrI .nd Aufgnt Bound. Jotnl.nd S...,.I UablUlr. CapUona. The covenants and agreemenlS herem conlalned Ihall blOd. and the rights
<br />hereunder shall Inure to. the respeCllve successors and assigns 01 Lender and Borrower. sublectlo Ihe prOvlSlOn!l of paragraph 8 tel hereof. All covenanls and
<br />agteamenta of Borrower shall be joint and several. Thecaplions and headings 01 Ihe paragraphs ollhlS Deed 01 TrullllrB for convenience only and arB not to be
<br />used to interpret or del1ntt the provisions hereof
<br />
<br />lei R~u...rorNoUcn. The parties hereby request thai a copy 01 any nol1(.e 01 delault hereunder and a copy 01 any nollco of sale hereunder be mailed 10
<br />each party to this Deed 01 Trustal the address sellorth above In the manner prescribed by applln~ble law - Ellcept lor any olher nollce foqUlred under applIcable
<br />law to be given in another manner. any nolice provided lor In thIS Deed 01 Trusl shall be given by mailing such n(lIlCQ by certified mall addressed 10 the other
<br />parties. altha address sel forth above
<br />
<br />Any notice pt'OlIleled to, In thil Deed 01 Trusll!ohall be deemed 10 have been given 10 Borrower or Lender whcn gIVen In Iho manner deslgnaled herem
<br />
<br />(I) InlpeeUOft. Lendermay make or causeto be made rea,onfllJltl cntflrr.i upon and '"SpGetIDna ollho Property. prOVIded Ihal Lendershall gl\ll~Borrowar
<br />notice prior to any such Inspection specilying reasonable cause therefor related to Lender's InlereSlIn the Property
<br />
<br />(g) RecOft..,aftce. Upon paymentolall sums secured by thll Deed 01 Trusl,lender shall reque.t TrUltee 10 reconvey (he Propsrty and shall surrender
<br />this Deed 01 Trult and all nolel evidencing Indebtedness secured by thIS Deed 01 Tru5110 Truslee Trustec shllll reconvey the Propertywilhout warranty and
<br />witho..t charge to the pefson or persons legally enUtted therelo. Such person or persons shall pay 1111 cosls 01 recordl1llon. II any
<br />
<br />(h) Peraonal Property,s.curUy AQ,..~nL As addilional SecUflly for Ihe paymenl 01 the Note alllllltur8S. eQulpmenl. and olher personal property used
<br />In connecUon with Ihereal estale or Imp,ovements located thereon. and not otherwIse declared or deemed to bea pall 01 the real estale secured hereby. shall be
<br />lubJect toa HCurlty inlernt In lavorol the Lendor undf'rtheNebraslla UnIform Commercial Code ThIS mslrum'!nt shall be construed asa Security Agreemenl
<br />under nid Code. and the Lender Shan have all the rlghlsBnd remedies at a secured parlv under said Code In addition to the nghts and remedies created under
<br />and accorded the Lender pursullnl 10 this Deed 01 Trust.
<br />
<br />III ............ In the evenlthatllny prOVision 01 this Deed 01 Trust conlllcl vwith applicable law or are declared mvahd or olherwlSe unenforceable. such
<br />confllcl or Inv.Udlty shill nolalhtct the other provlsionsol Ihls Deed of Trust or the Nole which can be given ellect wllhoullhe conllicung proviSIon, And to Ihis
<br />end the p.ov1aionl 01 trlle Deed 01 Trusland the Note are declared to be severable.
<br />
<br />Bonow.r ha. eaKultd this Deed 01 Trust the date wnl1en above
<br />
<br />
<br />Husband
<br />
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