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I
<br />
<br />eve, wimOUt demand, shall DB Immwwtely due and payable by Trustor and atoll
<br />boar intereEt el iM maximum ellowaDle legal rate, Frnndw, however Inpt at Ina
<br />option of BenellCiaryM 2rua(ea loch sums may M adaw to the prin<iDai halance
<br />of any mtlebtwruae•ai:furetl frbr~by and 9nNl pear ma same mlerast as such
<br />IMebiwwaa and ehafl be pevabld ratabW over me remaining farm merent
<br />ig. /uNgmnam M pants. Benallctary shall nave the right power and autnorlty
<br />During LM eontinuanCB jof this Treat Deed t8 collect the rents. Issues antl profits nl
<br />IM Property antl Of any pBfSOnel pmPerty IoCat80 (hereon with Or witnOUt 18king
<br />poaaeeNon Ot the property affected heeby, antl iru5mr hereby absotutBly arm
<br />UPCwtlinOnally fl381gnS 811 Such rBnt3. ISSUBB and profits t0 B@nBf:Clary
<br />thrwltelary, however, hereby consents to tM Trustor's collection one retennon o+
<br />soon reins, IESUes ens Dmfits as !My accrue and become payable 90 long as
<br />Tmator ie not, at 8UGh (Imes, In tletauit with respatf to payment ct any
<br />intleMetlneea secured Mreby or In me RertormanCe of any agree ant n@reuntler.
<br />Upon any such tlelault 8aneftplery may at any time, efthar In parson by agent. or Dy
<br />e recetyer to M epPOlniw by a court, wtmout nonce antl without regard to the
<br />atlBgUeCy of any flBCUrity for the Indwtedneas h¢repy sacuretl. (s) enter upon and
<br />take posaeselon of the Vroperty M pry part tnerBOt. antl In its own name sue fn: or
<br />INlMrwha CwteCt such ratite, ia3.ue6 and prOil(s, !nclutltng LhU9e past tlue and
<br />unpab, antl eppiy iM same, less coats antl expenses of operaUOn enC <ollechpn,
<br />Inciudlnp IeBSOnBbw attOmey fees. upon 9ny Intlabtetlness secures hereby, and In
<br />such order as BenetlGary mar tletermme'. ib1 oerrorm aucn acre at reaau or
<br />prOtBCtfOn 89 may be nBCaSaBry or pmp¢r t0 Conserve tM va1Ue of the Property, ICI
<br />lase the name Or any part thereof (Or Such rental, brm, eno upon aucn contlitrpns
<br />es ItB jutlgement may tllClete, Unless Trustor ert0 BenefiGery agree otherwise In
<br />writing, flay apphCanon or rams, Is profits to any Indebtedness secured
<br />hereby snail n01 exlBw or pOSipOne ma tlue Uate Ot fns en548iiment payments as
<br />provided In sai0 promissory note or Change ins amount o! such mstanmems Tne
<br />entering upon dad taking R055858tPn Ot the Property, !M cOheCimn of aucn reds.
<br />laauee antl pmflta. and the apPlbation mereat as atoresaltl. snail not waive or cure
<br />any tlelANt or notice 01 default Mreu008r U vaildBfA anY aC[ lone pursuant to
<br />Such nOIICe. T(Uab( BISO assigns 10 Benefltlary, a5 IufihBr s urltV ter the
<br />pbrtormente at IM obilganons secured hereby, an prepaid rents and ail m
<br />which may Rave bean or may ner¢aft9r be tlepo511ad with cab Trustor Dy any lessee
<br />of IM Property, to sec. re MB payment of any re and u ri detauit in ins
<br />performance Pt any o/ the provisions Mre01. irus'ornaprees to d¢Irver aucn rents
<br />eno tlaposhs to me Bertefitwry. Delivery o hoots c e 0@nen~iarv's
<br />e%erclae 0{ the rights granted nerBln. in any [deviant OCCUpyrng said premises shall
<br />M sutticient m repuire saitl tenant to Car Sala ran; ip the Banefielarv until nether
<br />noHCe.
<br />it. LtaaM PlMrtyN. Within 10 tlaya after daman4 Trusbr shall furnish to ?testae
<br />a eGheOule certlHw to M true, sattlrtg torah all leases Of apace rn tna Trust
<br />Property than In Bttxi, including, in each ca a, Ina na a of the tenants antl
<br />occupants. s deecnptlon of me apace accoplw CY euCn tenant antl occuRant, the
<br />renal payable for aucn awce orb aucn other mtormabon and mcumsnts with
<br />respect iu such leaeea antl tenanctea as ins Trustee may request
<br />Without the poor wrttten of Trw[ea. Trustor Snell n Bcny o
<br />IwlroGtly, with respect IO any lea a Of agate In tM tlesCnnetl pramw9s, whether
<br />aVCh (Mae w now or Mreaker In ezlaience; ta) accept or permrl any prepayment,
<br />dfemwnt IX edy#nEa rent peYeDb lhemuntlBr: lpl cancel or ierminetB the same. C
<br />aCOapt arty canCNlallon, tetTlnB[IOn Or surrender tMrapt. O rmlt any event td
<br />OCCOr WhICn WOUIQ entitle (fie IeSeeB IhBrauntlBr tO wrminate m Gunce~ lM sem8: ICI
<br />emantl a matlify 1M alma SO ae to retluce Ina term iMrwi, the rental paya0la
<br />itterYUwer, Or 10 Cherrya any renewal provlabns therein COntAlnw: (0) waive any
<br />defwlt thareuwer or breech tMteot: tat give any consent, wary ar approval
<br />illere1111tlN Of take arty o1Mr action In CQ BcHan tM(ewttn, Or awrtn a I@s3eB
<br />IhelWndar, which woub Mve tM Bfteci of Impairing the value of 1e950f 5 rntereat
<br />ttNriurider, on lM Property euDjact Itwreto, or of ImDalrinp me pPolnOn or interest
<br />of LM Tuatae rn BBnenwarY: or (H sail, asnipn. Pledge. mortgage o mn9rwlse
<br />tllapOee of, or encumae:, its Inlereat In any such tease ar any rents, issues or proms
<br />IaaUinp rn erlalnp Iherwnder.
<br />12. DOIItlatHraatbM1 i1 ores t0 anY part Ot the Property shall M taken in Cendemnaiwn
<br />procBwlnps, by right of eminent tlomain or srmiwr anion, 6r shall M soiC under
<br />Inraat W corbemnatlon, ell swede, damapas antl Drocee05 era MreDY assipnw
<br />aw stoic M paid to BBnetiWary veto snail aRply such awards, damages and
<br />proeMtl6 t0 tM surtw eecurw by tM Treat Dead, wIm Ina excess, ii any, R:Id to tM
<br />Tfuatrn. Tn19tOY will prOTDtty, end with due OlligenCe, repair, alter and reatrna tM
<br />ralwtninp Part of lM Trust PrapartY to Its former CotNHton aubatanually ro Ina
<br />exiwi tMl IM Same may M isselbla antl So ax to constitute a COnfOwie enC usable
<br />unit.
<br />19. fYtllle AtlYanns. Upon [equa3l Ot Truatrn, BBnellOiary. 8t BeneflGwry'a op[on,
<br />prbr to reGOnyeyance Of tM Properly to iM Trustor. may make future advances to
<br />iM Trustor. Such future adr'anc-ea, with mlBreat LRBreoR shalt be aecuretl By tole
<br />Trust Deed wfNn evylnced by promisaOry notes etannp mat cab notes a
<br />lacuratl harwY; DeOVIQw (Rai flt na nine enali iM aecuree Pnncmal, future
<br />aMtnVaa, not InLlwfrtp tomb advanced to protect the eeGpdtT, a 96@ On8
<br />huwrw parent (t0DY.1 of [ne onpinN Prlnmpat amounts secures Mrabvxc
<br />ta. llaAaNMt•Vm41atM-Atl remedies ptorWad m Inca Treat Dabe1 are disnnet and
<br />cumuhtM t0 any other rlpm or romwy ewer mw Tma9 Dew or atlortlw by law m
<br />equity, aw may W sxarcteetl conwnentlY. iwependently rn aupcxasivery.
<br />15. AauhrslhR itarewfaa: Sah. Upon delwit by Tnetar In IM DaYment of shy
<br />IndablwnNa awww MrwY or in tM perirnmenCe Ot anY agreement hareuwer,
<br />Baltafkary may tlae1M aft soma secures Hereby tmmwlatsly due antl payable by
<br />dNiv«y to TNNM OI wrinen tleCiusiton Of 6etault. TM TfUatM aMlt Mve tM
<br />poatrsx IN NN of iM PfOPertY iw tl Bsrwticlary tleaVen tM Properly to be sold, it
<br />Nall dapWlt WIP TBUtee my Trull Dew antl atl promleaory rotas and 6oCUmartta
<br />avbanung ezpenNtwea tectJrw Mreby. aw awfl tleiiver to Tmaten, • wrltan
<br />ttotka of WtauH aw station t0 cause tM Property to M wb, orb tM Truatae in
<br />Nm fhail prepare a Nmilu Natke m IM form regUlre6 by taw, wRlM atoll M duly
<br />Hytl for raWrO Dy Truatae
<br />(8. n°.:. ttA I:p:6 at r.h :t, p b ma": "-a r~Wrd DY taw ect!pwlnp the rxatl-
<br />alto» OI Mid n01{Ce Ot tlBhull, DJttl n0t{Ce Ot tleiauff aM notice Ot aoie Mvfng
<br />bean given u: requuw by yes, Trustee wnnout demand en Trwtor, shah aNi
<br />tM ProPntY on tM date aw at iM tirtb antl Drape deaigntlw in nab nonce OI
<br />ash, at public atwnan [O iM nipfuat bidtler, IM purGasa pace peYflole in
<br />iawhil moray of iM 47rVtw Sates at itu Ume of sale, TM parson cowuctirq
<br />tM ash rlay. is MY esuea M Owens axgwlent, paaiporw tM haw tram time
<br />la thrM VnHI it NuH ba compwtw tw, M every aucn case, rlgtice c! posipone-
<br />marH eMV W pNM by' RpbttG decwrubn tnmeot %aucn Dwaon at Ina Strrre
<br />antl PhDs last tppgMlw IM tM nab; prOVitled, it LM saw fa poatponeo im
<br />lortgar (tun it} day MY+>ta tM day deaignilw to tM fescue of sate, Hoots
<br />thereof Mad M gtvM M IM aarMmaneur as lM ttlgiMt rwitw of saw.
<br />TryatN ita{I aaacuh antl tlNtwn to ins putcnawr hie Dew convaylrtq tM
<br />PreDtrtY aoltl, bw wlthaN any covenant or warranty, express, or mapllea TM
<br />rediaN M tM Dead d any rrwttera or facts stWt b cartCFpniw proof w tM
<br />fMntalMaa YMrwf. Arty Pants. lnCfibinp Baawt:Glary, mAY purvMx at tM
<br />toga
<br />{Dt VYttaat crease salt' pueawnt m iM pawara Iweuk iM tustee siwfl apDH the
<br />praCastla W tM eah h paympst of tM ogat! aw aapanaaa w exarctNrq tM
<br />Yti"w8T x an ar+d M tlb. Soh. BtOt ltM payment W tM 7nlitM't Pose
<br />aptueHy indfryw. npi m aXONtl „,_,.fi ~,_..._.4e' w (M Mw prig. aM! than t0
<br />!M Havta a auAWtatirapn h!!n tw Mkt there aala4
<br />Eck Ffsat peYNlp t#aFltamafjMMfkd insuMarapapts;Dt 4flM ~awwby Truatae, ur
<br />iM Penpa 0aur1. andeNwr Dorn of torwbawe arN eau if 7M save rs pursuant
<br />to RItMRht bteWwpara, W proaewa w say snag a spptiw m ERe spar states
<br />as IM payaunt tl9:
<br />iq 45Dettd ahyevldaana oEtHw prec3nw w60rrrlclleln won soon palls anal at
<br />shy tweratratatagt:
<br />Ott Aft vertu two taa»ea napeoy:
<br />d?t Ttw tanWnaNn+°tny,MltkatWaaa fapltHY anihWleKnMVeto
<br />t9 Dutlet and Oblipsllont of TrustN, lal fife duties antl obllgallOns 01 4u618e
<br />bnall M d¢terminen solely by ins azpross provisions of Ina Trust Deetl antl TlUSiBB
<br />shall not ba liable except for inq padormpnce of aeon dutwa and o011getions efl erg
<br />sOeGllleelly net lotto nereln, an0 n rmpliw c sofa or oDIlgBtlOne shell M
<br />Imposes upon Trustee: Ib! tJO arovlslon Of this T~ust Deetl shall require Trustee to
<br />expend or ask ors own tunas, or oiherwlse rotor any IlnanGal oblipatlon in the
<br />pefmrmence of any Of 119 du11e8 hereunder, or In the BzerCi38 OI any Of Ile npht Or
<br />powers, 1111 snail hAVe gmUnd9 tar MIIBVIng that tnB repayment Ot Buch fUnd6 Or
<br />a0apuete Intlemnlty against such ; Isk or uaDlhty Is not reasonably eaeurw 10In (C)
<br />Trustee may Consult with counsel of his own choosing aw me advlCO of such
<br />Counsel anal) pB full eno cCmpwi¢ aU[hafliellOn and prOleCtion In the reepeGi of
<br />any action taken or sUtterw Dy rl neraundar In gootl faith antl rallenca iMrwn; b)
<br />Trustee Snell not b¢ liable for any acllOn taken by mm In goOtl (elm end
<br />Mliavw by him t0 tw auiMrtzw pr within Ina Ol9cretlon ar riphte of powers
<br />conterrw upon If by mis Trust Deetl.
<br />t]. AwH10rw1 Saeumy Instrument{. Trustor, al tie expense. w11i exeCUte and deliver
<br />to the TruslBe, Frompny upon tleman0, euCn security Instruments as may be
<br />repuVw Dy Trnstae, inform and substance setlat9ctory to Tmatea, coYering any of
<br />the Pmperry cORVey@tl by this Trust Deetl. which security inetrumenta shell be
<br />stltlltlOnal seeurlly tar TruslOr'@ teltnlui partWmance D! dll Of IM forme, COYenant6
<br />and cantlitlon9 of this crust Deed. fns promissory notes secures hereby, and any
<br />other security Instruments a cured to connacilan with Ihls tranaaCtfOn. Such
<br />nsimmen[a shall De recprdw or tiles, and re~raGOmw end tellies, at TNetpYs
<br />expense.
<br />1B. NlacalhMeut.
<br />laj In mB event any OnB Of more of lM prOY1910n9 containw In ih18 TNet Dew Or
<br />the promssory note ar any ocher security Instrument given In connwtl0n with
<br />tole nanfleanon anal) mr any reason a Held tp ba inYNIa, mega( pr
<br />enbrcea0le In any respect aucn Invalbity, illegellty, Or unenlweeablllty
<br />Snell, at Ina option cf Beneticlary, hat affect any Other provision of this Treat
<br />Deetl, but Inls Trust Deetl snail M COnstNw ea If such invalid, Illepsi, or
<br />,.nartmrceaDis prOVrston had never been contalnw nereln pr mBreln.
<br />~D) Tnls Trust CeW Snell Ds ccnstrus0 acdObinq LO the IaWe Ot ins state of
<br />neeraska
<br />(cl cola Trust Dew shell Ir B to and bind the Mirs, Iepeteee, tlevlaBea,
<br />administrators. nxscutor5, successors enC aaeipn9 Ot ma part193 MretO.
<br />101 Trustor shell pay all taIB9 levies upon Ihla Treat paw or IM tlebt 6eCUrw
<br />ereby, together won any Omer fazes or fl amanis which may De levied
<br />agarnat ;ne trustee or Banehciery or tna lapel hottler of Said prominaory note
<br />...account of ins mdebladnass evltlancad 1Meby.
<br />la1 wnanaver uaee nereln. to singular number shall Inclutle iM plural, tRe
<br />51 rguler, the use of anY gender snail M epplicabifl t0 ell genders, eno tM term
<br />aenenuary' anon ~ncmaa any payee of me Ineantwnesa hereby aecuretl or
<br />any transfer tnBrBet whether by ppere[IOn of law or otnerwl9a.
<br />t9 SuecHtw Trusita. 9eneticiary may from time to time aU09tllute 8 9uGG9awr or
<br />ra to any Trustee namatl nereln or acnnq nereuntler to exwute Mla Trust
<br />Draw. Upon aucn appointrrrent and wimaw GOnyeyflnce tO IM aVCG6600r TNS1ee,
<br />ins 18tiBr shell atl veatw with atr nnB, pOweb. antl tluf189 Conterrw UPOn any
<br />TruslBe nereln n mad Or a nip n under. Each aucn eppOlnimem antl
<br />auMLltUtlon loan spa made by wntlenemsifurtwm by BBneHGlary, COntalnlnQ
<br />Iateranca to tNa Trust Deep and its piece of recoM, which when reCOmeO In ton
<br />otllce at the aeplatar of Dawa Oi the county or Cnuntiea In which deb preperty le
<br />actuates Snell M cOnGiusive proof of p: open apPOlniment OI the aUCCeawr Truelae
<br />The torepoinq power Of auMtgutron end tM rnocwure therefore snail trot M
<br />n of tM powee and procedure provbw for by law for the aubatitutiOn of
<br />ustee or Trusweam the pleL6 of the Trustee.
<br />20 PoMannp by HMSiblary a Truatw Not • WNm. Foy torebsarenCe Dy
<br />Beneltetary or Trvslea In eaerclstnp any right or remwy hereunder, ar otMwwa
<br />ettordetl DY aPPllcaDie law, anon not Da a waiver of or preclude the exercwe of any
<br />ngnt or remeoy nnr8unger. likewwB. LM waiver by BeMlicluy or Trustee of any
<br />default cf Trustor under this Trust Deetl shell not 09 tlaBrrwd 20 M e wa3ror of any
<br />ether Ot armilar deep V Its 9uC5eq Venliy oeCRRlnq.
<br />27 Tnwiar Nol HalNted E.ztenaion of the clove for peymem rn matlltlctlbn or
<br />amortizahnn of [M Gums secures by cola Trust Deed prentw DY BeneflClary to any
<br />uoceaarn In lnlare3t Of Trustor sMil hat operate to retinae, In any m8nnet, lM
<br />~abiiity oY ma arigmal Trustor or Trustor s aucceaapr in Intsreat. BenellGlflry shall
<br />rip( De repulle0 to COmmenCe procewlnp3 against loch aVCGeearn Or refuse IO
<br />mend ume for peymem cr etherwrae moalty amonlzabon of tM sums aeeurw by
<br />tors Trual DaeU pY reason of any oamarW maUn Dy ins ortplnel Truatar and Truelor's
<br />SV...BaaOre In miBfeal.
<br />22 Bat.wt h tnBre anau ba a datawt ender m+a Deea of rmat or poser am poor
<br />ortgage, ton Bsnenc+ary may cure such detautl, antl me amounts wvwcw by,
<br />artd other Ca919 and expenses u' fns Mneilciary In Curing aucn delapl(, Wlth
<br />interest st the detaun rata conieinw in me Note secures Mreby from Ina time of
<br />the wvancea or payrrwnls shalt M 800w t0lM libebiwnees eeCUrw Cy m19 TNet
<br />Dead Antl may M cOlbCtw nereuntlar et any lima atiH the tlmB of euCn wvarlcee
<br />a payments and !hair Da deemw io Da securetl nerepy.
<br />29. Upue+l to POraetoaa. Uppr. tM ocCWanca of any tlefeull hareuntlar, BeneliClery
<br />stoic Mva lne Delon m IOreciase (his Trust Deed {n ins mentor provltlw by law Ipr
<br />Ina tOreClOSUre at mprtpegea on real propertY-
<br />26 Ttutta'a Bigme AbsMt DeisuLL Untli any tlefaull In Mn payment Ot
<br />mtlabteOnBaa hereby sncuratl or until tM Cream of any covenant herein cantainw.
<br />tM Truatar, its wcCBHSrxs antl asalpna. snail possess pnO an{oy Ina Rroperty, antl
<br />ve tM rem! arzd profits therwrem. Upon payment of ell Gums Ewurw Oy m13
<br />Test Dae4 Baneflcw.ry snail request Trustee to raconvey tM propBrtY eno 9ht11
<br />rrerbe+ tine Trust r a and ap notes 9vlopncsnq inoebiwneaa secures by this
<br />T'ival D89(1 to TruStBe Truatae snail reconvBy tRe pmpBrty wltMut werranly eve
<br />wttnout charge to !na persons lepahy antitlw thetalP. The Grantee In any
<br />veyancn may Ge OBSCnbed as "the person or parsons antitlw IneretO;' atttl
<br />thaprecdAlg to al any matters Or lefts Shen ba cotlClualva proof Pt the
<br />[rutntwnea3lnarraoi Sucn person pr persan9 snail pay ail Goats Of recoMinp, It any.
<br />25. AeeeNnUOn m tM Event of TnMhr. in fns event iM hive to ssltl reel eelate i6
<br />nafertw, Uf GOntraCtw tC ba iranawnw. !!O[n IM underaignw for any reason a
<br />Dy an metnW whatspBVBr, ;na snore pnrlarpel sum. raw aCtrued interest shat! ei
<br />erica become due and payable et Ina elactiUn Of tn0 BenBfIG18ry. FailVre tU BxarGl98
<br />this Defeo pecpusa at tranatsr of rune as eDave stales In one InStanCe shell not
<br />onaHlute a wawer of the rrgnt ;a eaerciaa tM satrw in ins avant o1 any 9ubsBquant
<br />booster
<br />36. Tole Aaetl oe imst b tunlar .a unt dotes .__ _... F~~~.___
<br />aasartw DY Trostw Ip .. - _ .. _. ... __ ____..__ _._ Tnwtaa
<br />NUpnng ApnrWfWlrwie tw .._.._ ... __ .__._____._ -_.__
<br />[kMtan and files fa racMd wIm eM fiepwter a(peadt Aw benhfwdM IrNlows.
<br />
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