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<br />r <br /> <br />L <br /> <br />Q .-.~ 006079 <br /> <br />Hi /\('(TLEI{A Tl(J:'\~4,u:\ fiEFACLT. ADIJlTHJ:\AL !{EMEfJ!ES. Should an event of dpfault o('cur Beneficiary <br />ma\' dt:'clan' all inu(.btnt"s:-: ~f'('un.d herpn\" !11 lw dul" ({nn pa.\'ahJ~' and the same shall therE'upon beC(fIr.~ du€ and payablt> <br />'w1thout aJl\' nrp!.wntmpnl. df:'mand. prntest or noti(,f' of an)' kind Thereafter Beneficiar:y may: <br />III Eithp~ III person or h.\' B1!ent. V,1th {IT \\lthout bnnpnf! any actlOn or proceeding. or by a n....ceiverappointed b~' a cou.rt <br />and v.ithout n.~g'ard to the aat.quac:.' (jfiL"'i st'('unty, enter upon and take possession of the TrustEstate. or any part thereof. m <br />it."- 0""11 name or in the namf:- vi' Tn.1stet::. and du an~' Hc..'tS which it deems necessary or desirable to preserve the value.,_market- <br />abilitv or renUlbilitv of th~ Trust Estatt'_ or part thereof or interest therein. increase the income therefrom or protect the <br />securlt\' hereof and: v.ith or 'wIthout takIng posseSSIon of th~ TTu~t Es~te! SUf" fo!' or otherwise coHect the :rents; issueS and <br />profit.~-thereof. includin~ those past due and unpaid, and apply the same, less costs and expenses of operation and'roliecuofi <br />mduding 'IttDmeys' fees. upon any indebtedness secured hereby, all in such order as Beneficiary may detennine.The <br />ente-rin~ upon and taktng possesslOn 01 lhe Trust EstatE. tn:: :..:ollet::t1on of such rentB. issues and profits- and.the ~ppliCati()n <br />theTeQf as aforesaid. shall not cun" or waive an~' default Dr noti(~ of default hereun~er- or in\.~a1idate any act(ii:meir',feS~~ <br />to such default or pursuant to such noticp of default and, notwithstandinll the contmuancein possession oftheT"".nit.~ <br />or the eoB..rtiOfL r~~ipt and Hrph~at!on uf rents. issues or profits. Trustee or Beneficiary. sl;nlil be'~.ed to"~'~'~~ <br />rig-hi p~n;icl&1 for in any ,:;[ the- Loan 1 hstruments or by 18 w upon occurrence of any event of default. including.th~,rlgh~)() <br />eXerClSE' the power of sale: <br />Iii, CommenCl? an action to foredose this Deed of Trust as u mort!{uge, appoint a receiver,o!" specifically enforce any of <br />the covenants hereof. <br />!illl Deliver to Trustee a written declaration of default and demand fOT saje. .a".l)d a wri!te~ ;nljuce-.af ~u1t=rl'-'~~,p <br />w caliS(> TFuswr.~ iIik-resl in thf Trust EsWitc ~l t-~ sold. which notic--e Trustee shall caUse'to be duly 'filed jorrecord'.-m~iD'e <br />appropnate Official Records of the County In whIch the Trust Estate is located. <br /> <br />lL FORECLOSl'RE BY POWER OF SALLE. Should Beneficiary elect to ioreclooe by exercise ofthePower.ofSale <br />herein rontak"1ed, r~n€'ficiafY shaH i1otif:,' Trustee and shaH deposit with Tru.litee this Deed of Trust and,the"-NotEiandJIUCb <br />receIpts and evidenCt' of expenditures made and secured hereby as Trustee may require. <br />(a! Upon r"''f'lpt of such no""" from Beneficiary, Trustee shall CRUS<'W be recorded, published and delivered u>Tl;IiStGr. <br />such .l,",ouce of Deiawt and Notice cf Sale J$ then requ-jJ"f"rl hy law and by this Deed of Trust. Trustee shall. wjt~out'deiJ1.a~d- <br />on Trustor. after such time as ma~' then ht:. required by law and after recordation of such Notice ofDefaultar'id.*...et.N~;-9f <br />Sale havm., been !nven as reqUIred hv jaw. sell the Trust Estateatthe time and placeofsalefixedbyitinsuchNpticeof'SIije, <br />either as a whole. or In separatk lot.." or parcels or items 3f\ Tnl$~f.: ":',~ H deem expedient. and in 'such ortier asit;jnJiy:.~~~ <br />mine. at publIc auctlon to tht' hIghest bidder for cash in la'\ii:TJl ";;'~'Ot"',.cvtU1e United&'.'~payabjeatthetimeo-fsale.,'1:t~. <br />shaH deliver to such purchaser or purchasers tbf:'~.)f its ~{..._~.:: . ,ri sufucie:~Ldeed of deeds conveying the prOpertY'$(J,~ld,::but <br />without anv covenant or warranty, express or ,mpltt'd. The reCItals in such deed of any mattets or facts shall be CQDcI\Is1w - <br />proof of the trothfulness thenl(,f Anv person. mdudinl!. without iimitation, Trustor, Trustee and Beneficiary, may pUrChase <br />at such saie and Trustor herehy covenants to warrant and defend the title of such purchaser or pun:hllSers, <br />,b I As may be permitted by law, aiter deducnnll all cost.s. fees and expenses of 1TustEe and of this 1'1'\181. includingeostl;! <br />of evidence of ritif in connection ",lith salt-' _ Trustet" shaH applY tht' proceeds of sale to payment of(j) all sums expeDd.w und.er: <br />duo terms hereoL not then repaid. WIth accured Interest at.,~. percent L.f..:%i per annum, (ii, all other sums then. secured <br />hereby, and \ill) thE> n>malnder. if an:\'. 1-0 the person or persun~ legally entitled the-reto. <br />i('! Trustft' may In tnt> manner pro\,ded hv lnw, postponf" salt> of all or any portion of the Tl"USt Estate" <br /> <br />12. REMEDIES :\OT EXClXSI \T Trust"" and BenefiCiary, and each of them, shall be entitled tD enforce payment <br />and periormance of an\' mdebtt'dne"" or obiJl'auons secured hereb,. and tn eXerCL~e all rights and powers under this Deed of <br />Trust or under any Loan instrument or other aJ:(l'eEffiem or any laws now or hereafter in force, notwithstandinll' some or all <br />of tJu: such Indebted.n~s~ and oblIgations sec-ured hereby may now or hereafter be otherwise secured, whether by mortgage, <br />deed of trust, pledge. lien, assIgnment or othe""se Neither Ihe acceptance oftffis Deed of Trust nor its enforcement whether <br />by court action or pursuant to the power of sale or other powers herem contained, shall prejudice or in any manner affect <br />Trustees or Benefic"U'~'.s njtht to realm' upon or enforce any other seeunty now or hereafter held by Trustee or Beneficiary, <br />it beinl! alUeea that Trustee and BenefiClary. and each of them, shall bE' entitled tD enforce this Deed ofTl'USt and any other <br />S<;CUTllV now or hereafter held tl\' Benefiourv or Trustee ill such order and manner as thev or either of them may in their <br />ablioluie Q.lSCretLOn determme. f,;n rt,mt'dy herem mnferred upon or reserved w Trustee or Beneficiary is intended to be <br />exclusI\'e of any other remed\' hen'lll or h\' law pro"ded or permitted. but each shall be cumuiative and shall be in additipn <br />w ever~' ot..">-ter remedy given hereunder or now or herenfter eXlstint.: at law or in equity or by statute. Every power or remed~; <br />,.,'1ven b~' any of the- Loan Instruments Lt. TrusteE> or Beneficiary or t.o which either of them may be otherwise entitled. may be <br />exero.sea. concu..""':fi'ntJ~. OJ mdei::~ndentJ;.- from nmt?' tn tim-e and as often as may be deemed expedient- by Tn1stee or Bene- <br />ficiary and either of them ma~' pursue lnconsun.ent remedies. ~othing herein shall he construed as protribiting Beneficia..ry <br />from 8E"ekmg a deficiency Jud~rnent agamst the Tl"Ub'tor to th~ extent such action is permittd by law. <br /> <br />REQL'EST FOR NOT! CE. Trustor hereb\' request.s a copy of anv notice of default and that any notice of sale hereunder <br />bt- mailed to it .at the addre-ss set forth In thE first para.graph of this Deed of Trost. <br /> <br />14 GO\ 'ER"ING L.1, W 11118 Deed of Trust shall be Ifovemed b~' th~ laws of the State of Nebra8ka, In the event that <br />an\' pro"lsion or dause of an\' of the IJ,an Instrum~nts coill1icts ,,~th applicable laws, such conflicts shall not affect other <br />provisions of such Loan instruments whIch can be !liven effect without the conflicting pro"sion, and w this end the pro- <br />visions of t..'1e Loan Instr'.lments art' dech..h-OO to b€ se-verubh:. This instrument cannot bE' waived. changed. discharged or <br />~!'n11na~ (~r.aliy. hut only by, an mstTUI:ntmi In writing signed b~' thE' party ag-ainst whom enforcement of an:\' waiver. <br />cnange. wscnargf" or terrmnatlon l~ s.ou?nt <br /> <br /> <br />:5. RECOK\"EYA.;'W'E BY TRl'STEE t'pon "'ntten requESlofBeneficiary staunl!' that all sums secured hereby have <br />been paid. and upon surrender of this Deed of Trust and the Note w Trustee for cancellation and retention and upon pay, <br />ment by TrustDr ofTruste,"s lees. Trustee .haJJ reconvey l.Q Trustor. or the person or persons legally entitled thereto, without <br />Warranty, anv portIon oi the Trust Estate then held hereunder. The reCItals in such reconveyance of any matters or facts <br />shali be r-nndusive proof of th~ trUthfulness therrof ThE:' grant.ee in an:,-' reconve;\.'ance may be described as ntht' person or <br />persons. i~aU~' entItled theret-p" <br /> <br />iti !\OTICES \Vhenever Benerlclary Trustor or Trustee- shall desIre- to glve- or serve any notlct:'. demand, request or <br />{.mer C'ommunicanon v.'1m resP€'Ct to tius Deed ofTru8t, each such nonce, demand. request or other communication shall be <br />m "T:l:ting and shall bt- efff.'Ctivi' on!~' If the same lS deh\.'er~ D.\' pE>r8onal ser....lc{' or mailed b~' certified mail, postaR€ prepald< <br />return rt.'('elpt ~ues.ted. adci!'t'~ ~() tra" address ~t forth at the beginmng ofthlS Df't":'d of Trust Any part,\' ma~' at this tlnh' <br />change lU;. adaress for sucn notH..'t$ bY dt.tlVenng or .malllng- w tht' other parues herf'to. as aforesmd. n nonce ufsucn chan~e <br /> <br />: - Al'C.EPTA~CE BY TRt~:3TEt 'Truslet> H(,('€'pt~ thIS Trust v:hpn tru:- f)f'e(j u: Trust. ciui\' eXt"cut{'G and ~!("K.rl"\\ <br />It'<::ig~i l~ made a public rt'-<::"orri 3e ;m:rvided ~\' taw ' <br /> <br />1~ \V1T~ESS \VHEREC)F TrUStuT na:- execute(! thl~ fl~'*.:'G of Tru~! ~"" oi' ~h~' dtl:- <br />TRL;S'TE~~ "f rustef' ::H'(~f'p~,~ th~~ Tn.1s'L when tJli" I )t-"t'd Ttu~! <br />l(>{i,t.a. 1$ madt' it p-ubitc r~'('Orci as pro\"1-d~>d In lav. <br /> <br />, ~ , <br />,"fin V..,gr t1..",T "'hL"-'" H.....,f~...n <br />-~.- .~~"' ....~,-. _.""..~ ""-'-" <br />tiuiy ~~:\t"cut-{>d ane ilC~n(l\\ <br /> <br />1:\ \\IT:\:ES~ \\'HEflED!. <br /> <br />Tru,"), t\n' )'x.~utP(j th"~}1~:~' ," ,.; t~~(l"\~l:\e_:r~'~:::~~:: "T'~~~:n <br />--._.fit&--~J;;r7itz-d:~r~.,-dt <br /> <br /> <br /> <br />J. <br /> <br />~ '"' ..!\o. <br /> <br />" ~.. 1..>,. ,"t"-(4-"I <br />