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<br />6. Eminent Dotnain• Lender is hereby assigned all compensation. awards. damages and other payments or relief (here47. "Pro co,1,('.49..Illh
<br />condemnation orother taking of the Property or part thereof. or forconveyancem lieu of condemnation Lender shall be entitled at its option to commence, appear in and
<br />prosecute in its own name any action or proceedings, and shall also be entitled to make any compromise or settlement in connection with such taking or damage, In the
<br />event any portion of the Property is so taken or damaged, Lender shall have the option, in its sole and absolute discretion, to apply all such Proceeds, after deducting
<br />therefrom all castsanclexpenses incurred by it in connection with such proceeds, upon any Indebtedness secured hereby and in such order as Lender may determine. or to
<br />apply alt soc, P {M¢eg5, akef sorb dMuctiPn4. to the +f >tPYdfinn of the P�cr_y upon su,.h rnndif :dns as I Anger !nay determine emy application n: Proceeds 10
<br />indebtetlness shall not extend Cr Postpone the due date of ary LKyments under the Note, or cure any default thereunder or hereunder.
<br />i. Rerfamfartbn by tendsr.In the event of 8 ^rrowe'sfailure to perform any of the covenants herein or make any payments required hereby. or If any act is taken of
<br />qa! prr>tpe�mn cearnonerrtl which materially affects Lender'slnlerev, in tine Property. Lender may in its own dtscrof;on, but without cbligation to do ae, and without notice
<br />to or demand upon Borrower and without releasing Borrowerfrom any obligation. do any act which the Borrower has agreed but falls to do Ono may also do any ether act it
<br />deems necessary to protect the security hereof. Borrower shaft. Immediately upon demand therefor by Lender. pay 19 Lender all costs and expenses incurred and sums
<br />or
<br />kPanded by Lender in connection with the exercise by Lender - f the toregarg tghm together with mterest thereon at the rate provided in the Note, which shall be added to
<br />lha mdey`adna_v secured hereby. Lender shall not incur any personal liability because of anything it may do or omit to do hereunder-
<br />?. Everile of DafaufL The following shall constitute an event of default under this Deed of Trust:
<br />ta) Failure to pay any installment of principal er interest orany other sum secured hereby when due. orfailure to pay when due any other indebtedness of
<br />Borrower to Lender;
<br />(b) A breach of or default under any provision contained IT, me Note, this Deed of Trust, any document which secures the Note. and any other
<br />encumbrance upon the Property; - - -
<br />(c) A wnt Of execution or attach.meW or anyimular process small -he entered against Borrower which shall become alien on the Property or any portion
<br />thereof or mterest therein; -
<br />(d) There shall be tiled by or against Borrower an action under any present or future federal, state or other statute, law or regulation relating to
<br />bankruptcy, insolvency Or other relief for debtors: or thereshall be appointed any trustee. receiver or liquidator of Borroweror of all orany part of the Property. or
<br />the rents, issues or profits thereof. or Borrower snail make any general assignment for the benefit of creditors.
<br />(e) The sale, transfer, assignment, conveyance or further encumbrance of all or any part of or any interest in the Property. either voluntarily or
<br />mvolu entity wnnDUt the express written consent of Lender. -
<br />(1) It Borrower is not an individual. the sale. transfer, assignment conveyance or encumbrance of more than percent of (if a corporation) its
<br />issued and outstanding stock or (it a pannersmP) —_ percent of partnershm interests
<br />9- pMMdea; Acceleration Upon Dolault. In the event of any Event of Default Lender may declare if indebtedness secured hereby to be due and payable and the
<br />same shall thereupon become due and payable without any presentment_ demand. protestor notice of any kind. Thereafter Lender may
<br />(a) Demand that Trustee exercise the POWER OF SALE gr anted beret", and Trustee shall thereafter cause Bonower's mterest in the Property to be sold
<br />and the proceeds to be distributed, all in the manner provided in the Nebraska Trust Deeds Act:
<br />(b) Either m person or by agent, with or without bringing any action or proceeding. or by a receiver appointed by a court and without regard to the
<br />adequacy. of fts securfy, enter upon and take possession oft" Property. or any part thereof, in its own name or in the name of the Trustee. and do any acts which
<br />it deems necessary Or desirable to pre-sarve the value. rserketab•€fty or rentabdrty of the Property or part thereof or interest therein, increase the income
<br />therstram or Protect the security hereof and. wi to or without taking possess. on of the Pto party, sue for or otherwise collect the rents, issues and profits thereof,
<br />including those past due and unpaid. and apply the same revs costs and expenses of operation and collection including attorneys tees. upon any indebtedness
<br />secured hereby. all in such order as Lender may determx .@ The entering upon and taking possession of the Property, the Collection of such rents, issues and
<br />Profits and the application thereof as aforesaid_ Shall not cure or waive any cietault of notice of def atilt hereunder Or invalidate any act done In response to such
<br />6efaun or pursuant to such notice of default and notw,mstandiitg the cononuance in possession of the Property or the collection. receipt and application of
<br />+tools, rssu/s orprof ts, Trustee or Lerida, shalt be emitted to eaerorse every right provided lot in any of the Loan Instruments or by law upon occurence of any
<br />event of detault including the right to exercise the power of safe and
<br />(c) Cckmmerfte an action to foreclose this Deed of Trust as a mortgage appoint a reserver of spetihcany enforce any of the covenants hereof.
<br />No remedy Herein confined up r.ofreserved to Trustee or Lenderrsintended to be exclusive of any otherremedy herein o+ by law provided or permitted, but each shall be
<br />canrtuiebve. Shan be on addition to every other remedy giver+ hereunder or now or hereafter ex,snng at law or in equity or by statute and may be exercised concurrently.
<br />independently or succesawely - -
<br />10 Tighe. The Tr"atce may resign 8f any time witnaui CaaSE and Lender may ai any lime a" without cause appoint a successor or Subshlute Trustee. Trustee
<br />Shelf not be Ifable tar any teas - damage unless due 10 aci:or ltAe negngence Or wi Ito, misconduct, and shad not be required to take any action m connection with the
<br />FdOrcarnent of thus Deed W Trust uhfess indemnified .n. or an costs . compensation or expenses which may be associated therewith in addition. Trustee may
<br />ba[pnrlipufCMSer at arty rite+Yf thl PrgPerty r3ud.0 *alai uttder the pow @r ct sane g +anted nereinf postpone the sale of all or any portion ottne oroperty asprovidedbylaw:
<br />dr me the PtopertY As a whale. ,, on separate Parcels or ices
<br />11 RtAtta Adwsoaa. Upon redlueltOi BOmowe+_ Lencle "may atiISc.T,On mak c1ailumal andfutureadHe noes and feadvanCesto Borrower Suchadvamesand
<br />'tldYBnCea. with mtNeS[ lhereOn Sr€alf M "- "ufM by this Dee" Of Trust At no bone Shall !.he principal amount of the indebteddmess secured by this Deed of Trust, not in-
<br />CI" drttg s"ma advinted{Y.`prptMltM TluNiiy Of this Deed -u ^f Tryst fxC¢Pq tffe Ongirfal pnnciPaldmgUni stated liar @in. 0fs�_YI -�-1� 5�- ___...--- _— .whlChevari5
<br />grenar
<br />t2 ylapllrkrefa Peoaisrona
<br />to) /MIOYIM Met NelaeMd. Ex!em.— ,, !the t— !_,, payment or niOdetrea[:On of amariiZahun of the Sums Secured by this Deed of Trust granted by
<br />Lender to any successor in mterest of Bor+O s 11 =:a: operate to release. rn any manner, the rrabruty oft" ongmat Borrows and Borrower s successors.m
<br />irtleresi Letidef Grail nOF rwi egUitedfo EamRMr✓c. - df.gs aga,ost such successor or refuse to extend time for payment Or otherwise modlOyamortuAtion
<br />r1 the Sums secuElKt by'ro, Deed of Trust o,, reason t d ^y demands made by the O gioa€ Borrower and Borrower's StKGe$SarS .n .nt¢leSt _
<br />to Landows PPMMO. Without abet I— ,one + +aoiov Of any ovh person irab!e lorthe payment of any obligation herein mentioned, and wunout affecting
<br />the froth df charge of this Died at T rust upon any ppr +.tor• of The Property no! then or theretofore released as security for the tuft amount Of alt Unpam obligations.
<br />Lander may . arson so habre. 0:€ ertand m¢ maturity or after any of the terms Many such obligations. (Iii€
<br />granlothetindu!ginces rivlreoAa or-_n,, or r,a—?. pereaeased or t mrovayed at any home at Lenders options any Parcel, portion or all of the Property.
<br />(y) tak! m rlFed!! inY P[heY Or edtli'.,Ona� 5 -°( : :' .. ::+ d^ y ;:Oi�gdtiOrt nQ+Qin rnunhOned. Of 1 v. i make compOSmOns Or OthCr dlrehgpmenl3 W!ig debtors in rliation
<br />thereto
<br />Icl Forbears by Londar Mq a wallrer. Any fOrbeal.hce Or Le +?der rn exercising any ought or remedy hereunder or otherwise afforded by applicable
<br />AnoonottxaMMVer CtMpreCtyrje in!lxteCiSl Ot any sorb right pf Mm¢dy The procurement of nsuranc "i, the payment of taxes Or Oilier loans orcharges
<br />try Lenoir shta not tx a frsiver of Lender s right ttr xceiera:Q the ma!unty pf me •ndebi¢tlness secured oy this Deed of Trust
<br />(d) Suecesaon saki Assipir BOAMIL Joint and Sewrai tLWity; CAPtbra. The co-- venams and agreements herein conu,rzd small bird, and the rights
<br />rus eugaw sham inure to .the respect a su ,Sso<s ano ... igns of Lender and Borrower subject to the provisions of paragraph 6 tat hereof Al! covenaMS and
<br />agveements Ol BptrpwK l+fafi ai tgint arvt severe; Ttfe iaprons and head,ngsot the paragraphs of tots Deed of Trust are foi convemence Only andare +tot lobe
<br />"sad to interpret or .dehthe the Prwrsiwis hereo!
<br />(at RepMa/tor MOtips, The Parties hereo}req— SI.1.10lop, or arynotlte of default hereunder and a copy of any notice of sate hereunder be mailed to
<br />mach party totters DICC a* `. rust ai the add.ess se€ :,_.rn grave :n €tic tfa -�ner P'¢5c ni>id by appricabi = =rev. Ext¢pl for any other rdiite regw;ed u; Rer applicable
<br />law lobe given m another manner my notice _+J'..eo for in to ss Deeo of Trust Strait be given by mailing Such notice by certri!ed .mad actlresseO to the other
<br />oodles, at dui address sal form above
<br />Any optic! provided !ar .n this Deist of Trust s-ir oe oee xd to have nfen given to Borrower or Lender when green in the manner desrgnai¢d nerern _
<br />t11
<br />ImpeeYOn. Lendei may mdke of Ld"Se to be mddQ!ed50ndG+e enfre5 open and inap¢ttiOn50f ilia Pf0{terty, prOVid¢d Ihd7 Lender Shrill giYe BOrrdwef
<br />notipe print to any such Inspection sxr!ty.ng reasenact. I,— meretnr .wales to Lender=_ interest on the Property
<br />190 ROCanseyaraee -upon payment .,all Sums sec a red by InisDeed of Trust Lenoer shahr¢ouest Trustee to reconvey the Properly and shall surr ender
<br />This Deed o1 Trust ano all notes ev.aeocog indebtedness secufed by tnis Deec of Trust to Trustee Trustee snail retonvey the PrOpQrty wunout warranty antl
<br />wdti0ut Charge t0 me person Or persons iegdlry mbt:ed ttfetlio Such person or per5pns Shall pay d1I tO5t5 Of reCOrtldn Ort. :I any
<br />(n) Perois"PFOpatty. Sacwny ApraeRrnL AS adddionai sec"ntyF=ibre payment of the Note all fixtures. equipment, and other persona€property used
<br />:n epnneclan wethlr>e real estate or,morc.em¢nesfxated the+ewn a+,dr .stn :he•wixdec!a.eoo+de@^!ee!o oea part os the rQal estate sec fired hereoY sha:i the
<br />s{ablMtlOa Sacunlyimefest in SiVC Of the Lena¢ +unapt tfi¢NQbrdSxa i)rt tort" COnime+Cidf Ctrd2 Tn.s nslfurnent Sndll be COn5l: ued asa Security AgteQm¢nt
<br />under said Code. and ine Lender shall have Ali €the oghrs ano temed,es of a sec u+ed party under Said Code in addition to the r.g its anc remec es created untler
<br />and accorded Me Lenoer pursuant to this Deed Of Trust
<br />Ill SaaarabliRr.f-. bie — that any Vovisroncopmsoroed- iT =ust carif;,r!w =i *_aGpt.tabie raft -nr aredeUared.rtvdl.dffrci,�wrsa i.nenfor[eable_5uch
<br />taafir_t ar mr87 €drty shaft rfot affe..t the diner proyisrons of mis Deed of Trust or the Note wroth can be given ettec t wdnowt the canhiCnng Provision snd to mis
<br />CfiC the pro sion%of me Deed of Trust and the Note are dettared to fie severable
<br />8grrawer, has executed mis Deed of Truce ttie date written above
<br />Olark L. Keller)
<br />i4pfni A. Keller) BPr+pwQr
<br />air I
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