|
entl. without demand, snau De Im!nadlate!y dub a ~ p is np T•usrc-, anC xna+f
<br />pear interest at the mavimum albw,snl6 raga! •8!e', prOV+d6d, nnvvenar that at the
<br />pPtipn a1 Bena£ic+at'y or Truatar. suah sums mrtY tra ed0e 1 to rnA D:+nC!Del defence
<br />of anY indWiadnaaY s8PUre0 naranY and anaii bear the sa areal as sorb
<br />mdMtetln66a and snail De PayHOle retahty over iha rama!nmg term thareot
<br />LD. /ua~nmant a! Rants. 8@neficrary anaii have Cne right power nntl auihorlty
<br />tlurimq the uWntlnua!sC6lot This Trust Daetl Iq enllacd me rents. Isduaa and proliis O1
<br />the ProPerN and or anX Personal Property locttted IherPOn with or wttnout ttUr.irg
<br />possesabn Of the pYOperty al£0C16d Hereby, entl Tru4tut nBr@ny s03nlutflly entl
<br />UnCOntltilOnalh assigns an auto rents, IAaue9 and p v t0 Benq£ipiarY.
<br />ganellClary, npWbtl@r, hefabY COPBBntS 1o Ina TruSIM 9 CbltaClinn and fPtOnripn Gf
<br />liiueh rents, issues and pmlits es they estrus entl become payable so !Ong a
<br />Tnlator IS n01, at BUGn 2!m6a, nt d@idWt Wnn respect i4 payment C! soy
<br />initeotedneres secured hereby ar In tn@ p@rlormanc@ Ot any agreemem nweunder
<br />Upon any aupn dalault, 8enendary may at any Ynna, ann@• in parson by agent, pr oy
<br />e receiver to pa aDPOinfetl by a court. witnOUl notice ar,d w Hui regain to the
<br />aaoquaty O} any sxutny for Ifie IntlaDleOneas Hereby securwi fat enter upon and
<br />take po8589ai0n OS MB Property or any part iher@Of, and in n9 own name Sue tar n!
<br />otherwlme co116ct aucn rents, Issues and vrntits. Including tnasa peal due ant
<br />unpaid, and apply ine same leas costa and arpenses of ope-anon and coiiep!ion,
<br />Inclutllrg raeBOnable attorney lase, upon any indsbtenna9s sf..urM Hereby, and ~n
<br />9U 1 PrdO~ as B6r!ePicfary may datermin@::D) Parlnrm s acts of -epa~.r or
<br />RroteCnon ss may be t1xe58ary or Proper 10 conserve the vatus Gt ine Properly. IC)
<br />leave the same or any part to6reol for sacn thole! Iarm--, arJ upon aucn c-GrtO:t+ons
<br />se Its Ipapemant may dictate. Unless Truster and Baneftcla'V dgreP pinarwse ~.n
<br />Writing, any aPPticali4n of r@ ve4 or prCfits '•~ ~ndeptadn9ss 9 urge
<br />n@lBby snarl rbt @xt0n0 or p091DOnesih@ dug data Oi tnP rn9idi!menY Dayment3 d5
<br />proWOedm 5810 promis3ory no[P or enanga tn@ amount pr such i^staumen's '"
<br />enledng upPn and taking pOSa@ssipn of ?*e P:opar?y. t. ~ n pl aucn !ants
<br />Iaau68 find prollla, dnd IM aDDilCdtiOn tnere4f a5 dtGra9ard `5naf1 nor wa+v8 Or Cur@
<br />arty defaWt ar nonce oe detaWt berPOncer, e nvacna;a any act Hans pv9uanr ro
<br />such notce. Truator also assigns ro acne%c!arv as twiner se unry •cr >n
<br />partOnnan¢e of tRe oOltgations saturatl '.e•apy 0 ane an rnnn;es
<br />which may have Deart Of may h0!aa:t@i De ..^.BpOStad+wr.n 9a•C T u5tpr Dy anV !asses
<br />of Me Property. t0 s a tea Daym@ni c ant a. r. ~ 'au!I ~^
<br />pelf0(InBnCe o! anY of the Prov+s+pnS narepft M dp"ass tc/r:Ph Ver '+uCn ants
<br />entl 06DOSfts t0 the 8enehtrarf DPIIVery o r ~ ? ! ^.ne Denefic~ar.'s
<br />Bxerola0 01 ChB ngnte QrdnfBd hereto. !O dnV tenant G[CU^vrn~+Sdrd prSm!8a9 Shall
<br />b@ BufhClent t0 require aditl iandnt fn Oav sera r>nr e^ r`,a 9anat,LtdrY -:nhl .,r,har
<br />Haft@.
<br />tt. Lwaw Pnwl4aa, wnntn to den ah@= demart0. Truator 9n.u tvunian to rrpatee
<br />a aptleduM certified to be true. senmg Conn au leases of space !n iha toter
<br />Rroperiy Ihen In effect Inclutling, In each c ine name pf Ins tenants and
<br />aeeupame., a deacrlpfiOn of the BpaCe occuD:ed pY sacn tenant an0 xcupent, the
<br />rotdal payable to aucn BPBCB end such other mtOrmabOn enO dppUTBn1$ Wltn
<br />respect to aupn leaxa and tananctea ns the Trust6n may requ6st.
<br />wnttatt iha Dnor writer wna@nt o -rpatw, T p42rx snml n t, mr@cur 4
<br />IMlrecthy. won respect t4 any tease cr sDapa !n me deHCnbad prernr@as.. wnetnar
<br />aucn teraee I6 now or neraeY.ar in axs:anta; tel aGtetn ^r permit any prapaymai:.
<br />dlaCOUnt Or aOVanca rent paYabb Meraun0er: Io) Cancel or terminate the same, or
<br />accept any cnnceilatlOn, lerminatton or sunander !nereol, at permit any event t0
<br />ocCUrwnlCh world enure the teases tn6raumtar to terminate cr rants! Ire same: IN
<br />artlend or modify Lire same So as to reduce the term iner0pt me rental Payable
<br />tlNfeurMer, Or to change 0ny rerrawal ProHS;ona therein contained; (d) walva any
<br />dahuft inereunOar or bream inar~f; le) plus any convent. w approval
<br />tnK@ypd@r M lake aify Oln@r aGhpn m pOnrr@CtiOn InBrawitn, O!r Wiln 3 IP9tlaB
<br />tltsreundar, wnicn would nWe tM @tfBCt of ImpBtnng 4he value 0l 18sapi s interest
<br />tMraunder, on [M Property aublact thereto, or of impaulriq the Position or ini@reat
<br />of lire Ttuaiw or BenBnNarY, or Ifl self, assign, piedpe, morigaga cr otherwise
<br />dispose Of, pr @nCUm68r, tt9 int@re6l In any BucA lease p1 any rents, i46u Ba Cr pf01it3
<br />leaulrp or arising mpreunder.
<br />12. CglgaatnadOn,11 tide to any pert 01 !hg Properly shell DB taken in COndamnallOn
<br />prxaedinfle, AY right o! emlrrent Oamaln or similar action, or ahaii D6 soil under
<br />threat of tondemrleuon, all awards, damages and proceeds are neraAY asslgrtwo
<br />are anatl b6 pale to eandtiNary woo anaii a:c'r s„4n sesame, d mesax and
<br />proceeds to the auma wessred by ine Tsusl Dead, with the excess, it any, pain to ine
<br />Truator. Teuetor will promptly, and wiM due d+Vig@npe, repair, aI1M and restore ine
<br />remalninq part Ot the Trust Protreriy to rte twiner condition suDSianhnlly So ton
<br />batant Shat tM same may A0 tweibte arW s0 44 to carsiituta a ppmpiete an0 useoi6
<br />ann.
<br />13, f'Ytlrfa Adaanaea. UpDn request 4i Tn.alor, BananOlary, al BaneliNery's Option,
<br />Prior to r@cOnreyanca of the Property to it» Truator, !r.ay make future advances to
<br />tM Trual4r. Stlcn rotate etlyencee. Wltn interest rnereon, anab 06 Becurn0 by this
<br />Trust Used when 6videnc6d oy prommsory notes stating that said notes era
<br />DKV2W hereby; Orpvltlad ChBi a rtp tlrn@ ahaii Ire securYlO prlnUper, rotate
<br />adranpw, not incW0lnq sums advnnCetl io Protect tna sawrlty, extadtl one
<br />hundrW peicenl tt0g•,'.1 of iha atginai principal arr!ounts secured hereby
<br />ta. q.m.dNacwnatadye. An rdmepiae provwBtl In rota Trust Deed are distinN and
<br />eumulatiw to any otMr right w remedy under Lois TruHi Deed w aliorded py few w
<br />putty, and meY D@ exorNSed concurrently, IpOepandan;ry w succasar+ely.
<br />16. Aeatwadal; Rarlladlas: Sae. Upon tleteuit Ay TniSior in the payment of any
<br />fntlabtadrtasa aepured Mraby or n Me per}ormanpa of any agreement hereunder,
<br />San@fiblary may tlecla(e all some eecwad ~araby tmmadiately due arttl pay'aba by
<br />dalivary to 7tuaIee of written decNranon Pt default. The Truster anab nave In8
<br />I>ow@r at eels Ot iha Property are; !f Sen@tielary desires ine Property t0 Da 90itl, It
<br />anaii daP061t with Truatoe this TNbi Dead arq alt -rpmlaSOry Horse end dccumHnls
<br />,svld@rtping expsrMltures secured Hereby, and ahaii tlallver 4o Tru8t96, a wrlnen
<br />nW IC,1 Of datault era etecttpn t0 Cause ine P+opertr t0 De aqW. and ine Tmat9e In
<br />Sum atia4l paPare a StmliBr Notice in in0 form rBgUlreq by lave. wnicn anal) Da duly
<br />dlaa.tor rwacd by Yruatee.
<br />(>) After Lire Ispse. of Such time w may ba r~WrBd by law loltpwing iha re4pp~
<br />anon 0} said rg1IC@ PI dB£aUlt, and M1Otka of default enU" n4f!Ca Of Saie having
<br />tiwnghan 8e reCPired by lees, Tiual6a, witnOUt same.^.d On ?rustor, snail s@;t
<br />Lhe property Dn rile tl8ie 8.ra7 at the limn and place dealgynalia4 In said ratite cl
<br />sale,. at public aacdors Is the highest b1608r, ine purenasa Price y+ayapte in
<br />Iaw1Ui matey of Life United Stat6a at ;r>e time c£ sale. 7n8 Person cordutiing
<br />tM Gala may, }or any pauw na deems e%pe0tant, pOSipOna ine sale from lime
<br />td tlrta until It ahUi be campi@ted. and, in every such case, rwtlC6 Of Pasiporro-
<br />mant shall t~ plven QY VuA}IC declaration thereat by BuGn Peteors at rise lime
<br />ertd pfada teat appointed }pr the sale; PrOritled, it [tie wt@ is paatPOn6d tw
<br />longer Man (ty day oeydra Ina day deadphatad in ins nONCe o! sal@, notice
<br />tttareot M~II t>d given in the some manrar a8 the cnptnai notice ci es76.
<br />Trustee snail axeeuu. and deliver tp Ire purpnsSer h19 Deed conaeylnp Ina
<br />Property wb, put wlinOUt any Gov6rtaoS or wenanty, exRrbaa, Pr implied. i ire
<br />faCltale in YtM Dasd O[ any rtAeSCBr9 w IaGis Aheil he tORGIU61Ve proof Pt rite
<br />eNMtWne68 ttrer@ot Any parson, irtctudinq eanaticiary, may purchase a: the
<br />sate.
<br />IW YYtbn Trustee aaiM Pureuani to the pbwer9 Mretn, Che Trustee shun apply thk
<br />pruoaatls o4 Lha sale to payment v£ ine coats and expenses p4 a%arcisi!sq the
<br />pow@c W wro and o! the Gam, t?-~:: g!~q :ha Payment D4 [ne Trustee's F s
<br />actubtiy InCUrraQ nqt td axG3bd .` ' ' "n of ane gala prlC@, and than to
<br />IM ltgma"s suAparagraPn;cli r ..ar!tia(Yl seated,
<br />I_C) AliK payltp fire narn3 spaGiS'rad In autyYadagreph IAY n rite 8l18 ;a oy Teuetea, a;
<br />Sh! proper COyrt and OMer poses Ct IwaC%Oaute and safe N tna safe IS puFSUBn,
<br />CO1tWtplaltpiKIOAUt@, ".he RfOGrWda Ul @al@ Bha!I d@aDpiirat in tna Ord@/ Stalev^
<br />ip tn@ Pay+nBnt qt.
<br />d) C@Bt Sri ark akit%anca a tltYe pYSiCpd@d hn OcrtrdC[ain wtM aupn Sato and or
<br />arty :er6nii@alampa,
<br />(iii Mi au' ~{heq 9acur0tl `WraDy,
<br />t9 Dutlw amti OAllgadena oP Ynratsa..a: Y'*» nuu@s dnd .rbh9abons of Trus[dH
<br />snail DP d@terminen Solaiy by •ne dvinaes Frpr+9lgna O! [na Tri+95 Deed and Truatae
<br />shah not W IlaDla @xrtlpf ipr t`+a paAprmnnt@ pt BuCn tlunEa an0 6DII9atlOn8 ee ai6
<br />eR@Nticaity wet IOrlh iwrC!n ar-.d n imDi1ad c @rents v, OUligailOna snap ne
<br />imppsetl upon T.;,slatl: ib) No prn•.ISion , ! Ibis Tvet Deed snap reyuiro Trustee In
<br />expOntl Cr risk h+a O n tun09.:~ nt harWlRa rotor anY itnanNal ObilgadOn in 4Ae
<br />per£Ormancn Of arty Of il9 tlutleS hereunder. Or In tn@ a%erClsa Of a!ry 41 ike right a
<br />powam, tt 1t shall hav¢ grounds for D@116ving mat the r¢paYmanf of aucn footle Or
<br />a09puet9 hrtlemnlly against s::tn elsk 4r ti~Dtlily le nOf reaaOnBbly eaauMd tO IS; tCj
<br />Trustee may consult wnh co sal o£ his own enoosing and the edvlo6 of Sudn
<br />CCUnB@I 3n811 C8 tali and GpmplBPe AUthOll;attCn sod proSaCildn In Ina !@SD@pt Of
<br />any ectl4n tak@n m sulfated p'1If hare:lntler in good felin and refienC@ tnareon; Id)
<br />Trusts! snail not be IlaDla for any acnpn taken by nlm In good f81th an0
<br />pelleved by nm tp G@ euthorlEed Or WlYnn lh@ OlaCfbflpn Or fights Of ppW6I8
<br />cnntenbtt upon It by this Trust Daed
<br />t7 Addfdonal5@purlty Inatmmenta. Truator at its expense, wIV execute and Oelh~er
<br />P '.ne Trustee, promplty upon tlemand. such security vnatrumem@ as may I»
<br />raqutrad by Trbs4ea, in farm end substance 9Alis}aCtpry t0 Trust e@, pOVOd(1g any Ot
<br />tiro ProP.ertY cpnveYed py' [niS trust Daed, whlph securltY InviNmBnta shall be
<br />ad01fi0nel aepurlty for Tvu9mr's talthful pertormaxOO} a11411h6 farms, COVenamt
<br />entl cpndl}IOns Oi th!s Trust Deed, ms pro+nlssnry Horse aepuredh@raby, iM any
<br />ptn8r 90curity insirumani9 @%aculetl In conn@cllOn with this tranwpllOn. sago
<br />lnstrumeni9 snail ne recorded or brad, and re-recorded entl ref{led, at TruatOr'a
<br />B%penSB
<br />i8. Mlaeaflanaaua.
<br />ta) In the erfN!t any Or,e or more of the provistona pOntalned In lh49 Tr WI Da<E M
<br />the promissory note or any 3M0r securlly InstNment given In cpnneCtion wlln
<br />ibis t aCtiOa snau •ea90n De neltl to be Invalid. Illegal o
<br />unenfo'ceabl9 In env reaDapt.such Invalldlty, Ibegfllity, or unBnforoeablllry
<br />snah, of the Dorton of EsnetlGiary, not strati any Dinar prpvlslon of this Trust
<br />D¢ed, bvi : Is Trust perld sna11 he cnnatrued qa If such Irwalid, II!agel. or
<br />unentprcaaDle prgnslon natl Haver beer. contained herein or therein.
<br />Ip) ibis Trust Deed seal! Oe consinleC apcortling to the laVra of tna State of
<br />Nebraska.
<br />ic) Tn19 Tres? Deetl Shall Inure to and Dind the heirs, tegetwa, devisees,
<br />adminiaVators. executors, svcc0S8oH and eSatgna pt the pBrtles Hereto.
<br />{dl Truator snap pay all taxes levlatl upon tins True[ Dead or Ina tl66t securo0
<br />naf9nV. together wlih any Cm@r (axes or 838aS8m8ma WhICn may be levied
<br />a9amst ine Tru9[86 or Benallclary or tn@ lapel holder of said promissory note
<br />Gn account of Ihb indebtedn BSS evidene@d tnetaDy.
<br />ie) WnenHVnr used ^ n, ine 9+ngular number snail InCfutlO the PIUr81, the
<br />singular. the use of snV Gander snail D8 apPhGable tp a(i g@ndBn, entl the term
<br />"senedNerv' anaii ~nciuna any parse of the indebtedness hereby aepured or
<br />any Lren9iBr tnarepf wnethar DV Operatix Ot lBW Or ptharv/196.
<br />tg. SuCC®saw Yruates. BonsNCiery mar from Ume to time substitute a auCCe9sor ar
<br />suCC8a90r9 10 any 7rV9t68 Hamad Harem pr acting nBfeURtler to 6%BCale thlH That
<br />L1aBd. Upon aucn ePPOlntmOni a^.d without conveyance to the sUCGMSOf TYU9tee,
<br />the fatter shall ba vested wUt: ail Uils, powers, erW tlutfes conferred Upon any
<br />rusCeO Rerb+n n 3CIIng h@reunOBr. Eecn such apptllntment end
<br />subsbtutlOn shall Sba ma0e oy written instrument by BerwflNary, pontalning
<br />reler@RCe t0 Ihl9 TNOI Deed and lie Diace O} record. WAIC% when recorded In the
<br />office el the Asgratar W pestle of the County or cOUmfee in wnicn said property Is
<br />911uatBd shan b@ Conc!u31ve pool of proper eppOlntm@ni of ine SUCCa8a0r TCUEtee.
<br />Ttie toregotng Poway of Bu DShcullon ales ine procedure Ineretor@ snail not tl@
<br />exclusive of me power and procedure provitle0 Ior by law Ior ine subetltutlOn Of
<br />T-rU910a qr TN928a3In In8 pupa Ot 1n8 TN9l Ba.
<br />20. Porbamnca br Sw}aiklary or Tru@W Wat • lyahw. Any larebeuence by
<br />BeltetlNary pI TrUale6 in 9%afCl8ing arty rignl Or ram0tly nareuntlBr, Of OtnerWlw
<br />allOrdrM by eppllcabie :aW. shelf npl Da A wa!Yer pf OI prbClUtlO tn8 a%BrCise OI any
<br />right Or remedy nsrHUiwar. L;kawisn, the walvar by Baneliclary or Truetso of any
<br />0elauil of TruBta' under tole Tntst D6ad snel! oat be CeenrOd in be a waiver of any
<br />OtnP+ Or similar delsunS subatfquenliy ppc.Wnng.
<br />21. Trtnlgr Not Reala9ad. Extension p! th5 time for payment w modlhCation or
<br />morUEation of the Gums sepurad by This Trust Destl granted Dy B@n6dclary to any
<br />cceasOr in inleresl dl 7nlaiOr anaii not operate [o releeas. In any manner, ine
<br />I abliliy of tna Original TYL•9tpY or Ynrs!4r's successor in Int6re8i, B@nebclary anaii
<br />mgt De r6qulrsd tc cgmmanva procdedings ageMet Such succa9spr or reNSe to
<br />ertd fine For gagman' 4r plnarwise mrxdlfy amORlZatlOn of ma auma secured by
<br />tMe Trust Deed by reason 44 any demand made by the Orlginel Truator ertd Tru9tor'9
<br />sxc@saora nt Inter&ai
<br />22. Aafauli 1f tndr6 6881: Otl d d@faUii under this 0086 O} TCUSf Or Under my Prior
<br />nWrtga99, the Beneficiary may curs such Getault and :ha amounts advanced by,
<br />and Olhbr costa and a%pans88 0' the b9r16llCtary in Curing such Ootaull, with
<br />interest al the ddiauit rata cprnamad In the Note eepWetl hereby from the time Of
<br />',h0 advances Or pdymerAa anal! be aAded to the IMebtednesa secured by this TruBi
<br />Cwtl entl may 09 coii6Ctetl ner6utwar at any lima after [ire time of aucn advances
<br />or paynienta and snail Ae loomed i0 be BeGUred tt6reoy.
<br />T3. Opttgn to Fvadaw. Upon the pecuranpe of any ddfBUtt hereunder. 9snelipiary
<br />snail nave the option 4p lOractose iMS 7NSI deed in the manner prov{ded by law for
<br />the foreClOSUr80f m4rtgdg830n rfiai prGpBrty.
<br />2a. Ttuala°a Sighb, Abwnt Detauit. Until any' derault In the payment of
<br />irtCPbtednasa hereby Sawrad Or until tn9 br6aCh pi any COV8n8nl herein Cpnteinatl.
<br />Me Tmstor, Its successors and assigns. shall possess and enjoy iha property, and
<br />receive the renin and Drpbis iherebom, Upon payment of au auma sel:ureq by this
<br />That Deed. Beneficiary snau request Truel6e to reconvey tna property end snail
<br />ender 2nfa Trust Deal: and an notes 9vitl8nGnp ind6Utetlrtass sdcurad by' Iris
<br />iUUSt Dead to Trvstea. T ustna 9nau ratonveY Ihr cropery wftnpu; warranty and
<br />wiL?out Charge :nti Da: so-.s !aga!ly r.ntiad :hereto. Tne Grantee I any
<br />- nveyant¢ ma!y ba CPSC•iOdC 3 "tn8 pe;rsnr; o* oe.-sOns gniilldd inerelo'~' and
<br />tnn4r@Gnals 2haroin of any matters r aria cna;l Da COnNU41v9 proof of ins
<br />truthtWn@a4 meteor. Suc:^. pHracn or Rdraon8 ahaii gay ail costs of recciding, ll any.
<br />25. Awlarattdn in. ine Event W Transfer. in ins avant YYat title tp saitl real estate Is
<br />transferred, or canlraCt@d tp ba irans£errdd. from the vndersigrie0 Cur any reason Or
<br />py any method xnatsvever, the. an:!re prlnciPai aum, and etc: ued Interest snail al
<br />:Sore AaGOnre Gua and payable at tnA aletttP:^. cf In@ 6enaficlary. tailors to exercise
<br />Inia vpiion because of trnnatsr or offs as abcvs stalHtl In one inacanCa shall n<.
<br />gnsinut6 a walvar u. ,~• - ~ ....:-area t^_ __...,, ......_ _._... _ _ , <Pbwr, n.
<br />hansfa+.
<br />2t{. Tim deed o£truaUS' rlnun@rlated _..~L=~ _.__ _.. _.
<br />executed py TruatOt t0 __. .. _. - _ Trual
<br />sacur!ng a Onnp pal hU,d fur .. ....
<br />DOfiarbarW Chap For rN:+YO w!Ir: mx 96p[Star pr DadOa a:ttr:danl bed as tDilpwe.
<br />star rarT.arfdPar. Ir arty, to ttq SrrraOn rHgd=+t. K:t+t;aa faardiu
<br />
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