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<br />described real estate and that a breach of an oIJligation, for which said re:ll
<br />estnte WIIS oonveyed lIS security, hus occurred, and setting forth the nature of
<br />such brench nnd the 'l'nlstee's election to sell the real estate to satisfy the
<br />obligation; and after the lapse of not less than one (1) month, th~ TTUStee
<br />shall give written notice of Ule time mid place of sale which nay be between
<br />9:00 a.m. Wid 5:00 p.m. at the premises, or at the Courthouse in the Cowlty
<br />wherelnsuch pl'Operty is located, descl'ibing the property to be sold by its
<br />legal description, said notice to be published in a newspaper of general circula-
<br />tion in the County wherein such property is located, once a week for rive (5)
<br />OOI1secutive weellS, the lnst publication to be at least ten (10) da.ys, but not
<br />more Ulnn thirty (30) days, pdor to the sr.le; Wid the Tl"\Jstee sho.1l then S!3ll
<br />said property. at the time and place designated in the notice, in the nanner
<br />provided by lllW in effect at the time of filing said notice. at public auction
<br />to the highest bidder for cash Ill1d shall deliver to such purchaser a deed to the
<br />property sold, consistent with the law i.ll effect at the time.
<br />
<br />Upon receipt of payment oC the price bid, Tl"UStee sho.1l deliver to thE!
<br />pw'chllser, '!~ustee's deed conveying the property sold. l1ecito.ls in the Trustllll'S
<br />deed sh0.11 be prima facie evidence oC the troUI of the statanents mnde therein.
<br />'J"l1lSl;ee sho.1l apply the proceeds of the sale i.ll the fc,llowing order: (a) to
<br />all reasonable costs and expenses oC the sale, including but not l:lJnited to,
<br />'l'lllStee's Cees of not more th,Ul one (1)1. of the. gross sale price, rensonnble
<br />attorney fees Wld costs of titleevidence; (1)) to all sums secured by this
<br />Deed of '!'rust Construction security Agreanent: and (c) the excess, U ""y, to
<br />the person or persons legally entitled thereto. lIny persoD, including DeneJ:iciary,
<br />nny purchase said PI"OpeJ:ty at said sale.
<br />
<br />'!lIe person conducting the sale.may, for Wly cause he or she deems expedient,
<br />postpone the sale fran tine to time WitH it sh0.11 be canpleted and, in every
<br />such case, notice oC postponanent shall be given by public declaration UlereoC
<br />by such pel"SOl1 at the tIDe 'U1d place lost nppointed for the sale; provided, if
<br />Ule sale is postponed for longer tban one (1) day beyond Ule date designated in
<br />the notice of sale, notice thereof shall be given in the SIIID9 IIDIIII8l' as the
<br />original notice of sale.
<br />
<br />14, llenct.lies No~ Exclusive. Trustee ond Denericiary, nnd ench of UIEIII, shall
<br />be entitled to enforce payroont and perlomnnce oC any indebtedness or obligation
<br />secured hereby wu.l to exercise all rights Wld pa.vers Wider Ulis Deed of Trust
<br />Constructioll Security lIgreanent or Wider nny loan instruIX!IIt or other ngreanent
<br />or w\Y lnws /lOW or hereaIter enforced, notwiUlStanding sane or al~ oC UIC indebted-
<br />/lCSS wid oblJgatiollS secured hereby which may now or hereaCter be otherwiso secured,
<br />wlleUlCr by IIDl.tgnge, deed of trust, pledge, lien, l1SSignnent or otherwise. Neither
<br />UIO lICCClltllncc of Ulis Deed of 'frust Construction Security lIgreElOellt nor its enforce-
<br />ment, whoUlel' by cow.t action or IlW'SUllllt to tllC pa.ver oC sale or oUJe1" JX7o'll!rs herein
<br />contllined. shall pl'cjudice or ill nny nn1mer affect Trustee's or IJeneficiary's right
<br />to rcnlJ.7..e uIXln 01' ellforce Wly other security nOlY or hereafter held by Trustee or
<br />Ileneficiary, it being 3gmed UlI\t 1'rustee Wid Ileneficiary, :md ellch of UUJD, shall
<br />be entitled to enfol'co this Deed of Trust Construction Security Jlgreenent lI/1d MY
<br />other security /lOW ur hercaIter held by the Ilenericiary or TnIstee in such order
<br />Imd .lDllner lIS they. ur eilhel' of thEllI, may in their niJsolute discretion detel1l1ille,
<br />No wnetly herein confen'ed upon or reserved to Trustee or Ileneficiary is intellded
<br />to be exclusive oC (my other rOlledy herein or by lllw provided or pe.imltted, but
<br />ench shall be cIJlu1ative wid sh0.11 be In nddition to every othElr ranedY given here-
<br />wider or now or hereafter existing at law or ill C<lulty or by statute. Every pOIYllI'
<br />or rol!!!d:' ~lven by WIY of Ule 101111 instlVlnents to Tl"UStee or IlmeficioI')' or to
<br />which either of than nny \xl OUICi'Wiso entitled may bE- exercised, ooncurrently or
<br />iudepelidently, CIUII t.lme to tillle Wid lIS orten lIS Illay be. OOOlled expedieut by 'l'rustee
<br />or 1leneUcinry, III1d either oC than .ray pursue inconsIstent rernedles. Nothing herein
<br />shall be constn1ed.1IS pl"Ohi!Jiting UelU1ficlary fran seeking a deficiency judlPDsnt
<br />agaillst 'l'rustor to the extent such action is penn1tted by law,
<br />
<br />15. IlClluesL Cor NoLice. '1'l'\lstor hel'eby requests a copy uf wlY noUce of
<br />default Wid that MY notice 0,[ so.le hereunder be nniled to Trustor lit the address
<br />SIlt {orUI in the first pnrngrnph of this Deed CbllStruct10n Security I\gremIllnt,
<br />
<br />16. ^IJllolnl.rncnt of SUCCCSS01' 'l'l"\Jstee. IleneIicillry nny, fran tilne to tillie, by
<br />written instn.mellt executed Wid acknowledged by IleneIiciary, mailed to Trustor Wid
<br />recol'tled iu the Couuty ill which Ule property is located WId by otherwise CCJ1.,1yillg
<br />"itll Ule provisions of the npplicable law of the State uf Nebl"llBka, substitute a
<br />BUOCeSllOr or successorn to the Trusteo named herein or acting hereunder.
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