Laserfiche WebLink
-6- <br />1010922 i <br />to the purchaser its Deed conveying the Property so sold, <br />but without any covenant or warranty, express, or implied. <br />The recitals in the Deed of any matters or facts shall be <br />conclusive proof of the truthfulness thereof. Any person, <br />including, without limitation, Beneficiary or Trustee, may ,. <br />purchase at the sale. <br />(b) when Trustee sells pursuant to tine powers <br />herein, Trustee shall apply the proceeds of the sale to <br />_ <br />,T <br />payment of the costs and expenses of exercising the power of <br />sale and of the sale, including, without limitation, the <br />payment of Trustee's Fees incurred, which Trustee's Fees <br />shall not in the aggregate exceed the following amounts <br />'based <br />~ <br />upon the amount secured hereby and remaining unpaid: <br />five (5) percentum on the balance thereof, and then to the <br />�u <br />items set forth in subparagraph (c) hereof in the order <br />therein stated. <br />(c) After paying the items specified in sub- <br />paragraph (b), if the sale is by Trustee, or the proper <br />court costs and other costs of foreclosure and sale if the <br />sale is pursuant to judicial foreclosure, the proceeds of <br />sale shall be applied in the order stated below to the <br />payment of: <br />(1) Cost of any evidence of title procured <br />in connection with such sale and of any Documentary Stamp <br />Tax required to be paid; <br />(2) Attorneys fees incurred in exercising <br />the power of sale; <br />(3) All obligations secured by the Deed of <br />Trust; <br />(4) Junior trust deeds, mortgages, or other <br />lienholders; and <br />(5) The remainder, if any, to the person or <br />persons legally entitled thereto. <br />13. Additional Securit instruments. Truster, at its, <br />expense, will execute a deliver to the Beneficiary, presgst2y <br />upon demand, such security instruments as may be required by <br />Beneficiary, in form and substance satisfactory to Beneficiary, <br />covering any of the Property conveyed by this Deed of Trust, <br />which security instruments shall be additional security for <br />T'rustor's faithful performance of all of the terms, covenants <br />and conditions of this Deed of Trust, the promissory notes <br />= <br />secured hereby, and any other security instruments executed <br />in connection with this transaction. Such instruments shall <br />,. <br />be recorded or filed at Trustee's expense.. <br />14. Appointment of Successor Trustee_ Beneficiary <br />say, from time to time, a written instrument executed and <br />acknowledged by Beneficiary, mailed to Truster and recorded <br />in the county or counties in which the Property is located <br />and by otherwise complying with the provisions of the applicable <br />laws Of the State of Nebraska substitute a successor or <br />successors to the Trustee named herein or acting hereunder. <br />15. �Ins__ cction�s��. Beneficiary, or its agents, representa- <br />-tives or worTcmen, areare authorized to enter at any reasonable - <br />~ <br />. <br />time upon or in any part of the Property for the purpose of <br />inspecting the same and for the purpose of performing_ any of <br />the acts it is authorized to perform under the terms of the <br />Deed of Trust. <br />16. Option to Foreclose. upon the occurrence of any <br />default hereunder, Beneficiary <br />shall have the option to <br />foreclose this Deed of Trust in the manner provided by law <br />for the foreclosure of mortgages on real property. <br />-9 <br />-6- <br />