|
- ana. wunout eemand, snau ba Immadlataly dug ana pavanl@ pr Truatpr and snag
<br />_-_ bear interest at m¢ maximum andwaae lager .ate, : ovmad, n net at inA
<br />Uphon of Beneficiary or Trustee Such sums may Da addatl to Inn p~'mc~9at balan0e
<br />_-_ o}flny ';ndebtedness s ura0 hereby ono srtaU boar the s interest Fa sucR
<br />inOeDteltlmsa and shall bepayaDle rata Div aver tn@ remaining term tnaranf.
<br />10. psaignnwnt of RSnta, Beneficiary shalt nave the right. power antl authority
<br />dU}ing lha COMInuBnCe j f ni ust Deed F Ilec1 to t -55ue9 antl prati'e of
<br />r 1MP opeflY antl of a Years 9 P oertY t C led to ap ~7D or wl?noui taking
<br />1 poasaaarpn t IM prop rty ffeLieo n 0 ntl T i ne e0y absalUfaiy and
<br />unCOndllldnelly aaslgns alt Sven ants, r5suas and pratits IU 8anai•clary.
<br />BeMYrciary; hdwev@t Mreby COnS@nt5 tpfne TtU910ts cOllatlfan androtBntion at
<br />such rants; (saves andprofits as they edCrye rind bALOma. payable 50 IOng ea
<br />Tntstor is not; at such times. In. default with respect la payment of any
<br />indebtetlneesseCUred hereby oy in iM DedormenCe Of any agrMmanl hereunder.
<br />Upon anysuGhdeteull. Banalipiary may at any time, elmer in parson, by agent. dr by
<br />eeelver to De appointtW oy a court, without notice and without regard ;p Phe
<br />adequBCy of any SBCUnty for ih¢ IndeptBOness hereby Secured.. Ia) enter upon antl
<br />- take posses5lort oP tR0 Property or any part ;hore0t, and In fls o'w'n name sue for or
<br />otnerwee collect sutra rents, is antl profits, including to se pass due antl
<br />unpaid, and apply the same, IessaCOSi9 antl expenses o} opanailon and collection,
<br />)ncluding rtHSOna619 aitom¢y fees, upon any indebtedness secured hereby. antl In
<br />such order as BBnaficlary may determine: (D? perform such acts of repair o
<br />protectlOn'as tray Deaecessary ar prober to conserve ine value of Ina Property, (c)
<br />IeasB the same or arty part therep(ior such rental, ;arm, and upon such canditipns
<br />as Its jutlgamant may tlictato. Unless Tmstor antl Beneficiary apron otherwise In
<br />writing, any application M rents, issues or proliis 10 any intlebtedn¢ss Secured
<br />hereby anall riot ¢xtBntl or pDSigOne the due dato of the mstalimenl pavm@nls as
<br />- providudin saidpromtssory note ar change the ampunl ct Sutra installments. The
<br />__ BntBnng upon antl taking pO53e3910n of [he Proper Y, iha col!ection nl such rents;
<br />lawesand profits; ano tReepplica[fOn LhereOt as atOresald shall not waive Or cure
<br />any dafaurcornouceot aetauu Hereunder, pr invaudaleany act done aurs«am to
<br />Soto notice, Trustor also assigns t0 Benefklbry, a5 further seturlty ?or tea
<br />perfgrmanee of the obligations secured haraby Ii n d rents and all monies
<br />wMCh may have Deep w may nereaftar De deposited m ;C Trustor Dy any lessee
<br />Of Iha Propery, tp secure Ina payment of any rant, a uFPn d@tauir in tnP
<br />_ performance of any of tea provi5ionsReraot. T usior a6rees to deliver such reins
<br />antl deposits to tM: Beneficiary. Delivery of writen nnhca of the Beneficiary's
<br />erclse of iha rightsgrantM.hxein, to any tenant occupying said premises shall
<br />be sufftclenr 20 require said tenon[ to pay said rent to'h¢ 9enef~ciary until further
<br />noflce.
<br />tt, laasW.Rmm4N. W ithln 10 tlays alter demand. Trustor shall famish t0 TI93t%
<br />- a senedubGert(}ieo 10 De. ln~e, a9ttlnp. forth ail mesas otapaCa in kha TruS[
<br />Property iMn in etfec[, Inclvding,in eacR casa.tha name ettne tenants antl
<br />occupants, a daaoiptlon of mesoaca occupied by such tenant and occupant, the
<br />.ranter paysOlsforauch space andsucn other Informatbn and tlocumants with
<br />fppeCitO wCn lease! and lenannles aatM Trustee may requ83L
<br />Without [M pnOr vwttien Coolant of Tru9ip, T(UStOr snob not, d:rectiy Or
<br />Indirttetty, cairn raspeet tb any lease of'aoace in Phe described p:emlaes. wMtner
<br />apcn !pp 79 now or MrpMer to a%ISlanca; {a) accept pr permit any DtePaymant,
<br />disepunt OrsOVence root payable tharwMer; (D) cancel or terminata ine same, or
<br />acppt any unoelletton, felminatlon w surtenDer thereof. or pertnli any event t0
<br />- ocGUr whlGn WOUldentitte[he iesaee therrwntlerto;erminale or cancel the saran: (c)
<br />attrerMor nrodlfy tea vine sp ael0 reduce ton Berm thereof, ;M veinal payable
<br />2MrsuMer, Or to chanpaany renewal provisions therein contained: Id) waive any
<br />dNauttlneraunder. or: Droacn iMreof; le) glue any ton5Bn1. w ar pr approval
<br />tltaletlridK Or:lsaa erry OlMf eGikn inLOnnettl0nmerBwitR, 1 a leaaee
<br />YMreuMer; white wonltl Mve Me effeoi of Impafdn9 thevelue of lessor's Interest
<br />tllarauMM; on [MProparty sub)scttnerat0. or of impalring the positlOn or lntereal
<br />o/tM TnufporBansntlary, Or Ill sell, assign: pledge. mortgapa. orotnarwise
<br />dlspop of, or elrcumbsr, ICE intereal !n any wCn laaae or any rents, isaueeor profits
<br />Ipuinp or arising therourker:
<br />72 CarCSnalatleftlt ilea to any part of the PmpBrtYSnall w razor. 'rn contlamnallon
<br />_ procoMiftps. by. right OI eminsnttlomaln or atmnar act:on. dr anal! De sold under
<br />tnttaat of condomnatlon, all awards. denapes and prateeda. arenerobyaselpna0
<br />and sMll tw paid td F3ene(7ctery. who: shall apply sunk awards, damageeand
<br />protNdsta ttrosume seturetl Oythe Trust Deed. with me exceaa, Many, paitl to the
<br />Truslot:TNSto1 calif. promptly; and wNh due Olllpente: repair, after anp restore the
<br />rNnalnlnppart Of Ute Trwt Property t0 its formercontlitlon substanlialiy t0 the
<br />_ ertanlSMttM acme may be leaalble and so as to constltutea complete-antl usable
<br />:unit
<br />13. FWtrn AAnlaaa. Upon requestof Trustor. Beneficiary, at Beneticfary'soWfon,
<br />"prior to rscoaveyance of tM Property t9 the Truafor, may makefulura advances in
<br />tM TMetor: Suchluturaadvancee, w)th Interest.:nereon; Snell ba secured Dy this.
<br />'Trust aMd wnM avidancetl by promissory notes stating Inai said: notes a
<br />aaCUradhereDy; provided That at no Umasnall iM secured principal; !uture
<br />trMrrtM, not. InGiuOlny soma advanced to protect tea security, exterrtl one
<br />hundlW portent(laaSb)oilM Oliglnel DflDLlpel antOU@Il9eLUred nBlabY.
<br />te. tlsrasYr Cureulotlsw All (erlledi@a prOV,dadin m18 Trust Daed are dl9bntt antl
<br />GYmuilllw40 airy o1fNr right or remedy under This Trust Deetl br attorded DY law or
<br />sW lty, an6 may a exertles6 wncurrenl%, IrMepentlenllY Ureucce931veiy.
<br />15. Aooalsnltork BarrrarlW:Sale. Upon deiault by Trustor in tM payment. otany
<br />- indslllWnaas aaCUM. t1pWy,grin eYti perlUrmenea of am. agrasme++r hereunder,
<br />BNNik4rymaY tleetats eitwmeseGUretl nmebYlmrtradiatary,due and DeYabls by
<br />ONis+yto Trosfaaot written dectartlfomof deiault. TMTttuteL ahaO nave tM
<br />:poworof plo of tM.PropsrtY Bird ff 8erratftiary tleekea tea ProDertY tU Desoto, It
<br />alrall tlpMll cairn TrustM this Trust Dee6 and all promissory nofee and documents
<br />ae10MCinpsapetwltura aacureOMreby: ano sMil 6eliver to Trualee, a, written
<br />notip ol.. dslwn and eleotkn to owp tM Properly to b@ sob, erttl iM Tniatp In
<br />_ ..rum slWl pragUea atmilar NOUCe fn tnefOrm reWlreo Dy law, whteh sM{i Deduly
<br />nwt«r.t«daTn,at«
<br />W A1LSrtM Lapp otwch tlmaae nraY be reputred 6y law toilowlnp the recortl-
<br />' atkn of ssld notice of Mfeuit and rwike or tletault antl nO11de of gib hating
<br />bMn pivenp required by iBw, Trusiae; wit MUl6emalW On Trustor, SnaSisell
<br />tMProparty on lMdale amt at lM llhre antl place deaipnatetl In pldnoDCO of
<br />pie,a[publkauctlon to the pigMat Didtlar, tMpurGhese price payable In
<br />lswtulmoMy of tM UniledStateaat the time of sale: The person corMUtiing
<br />tMpN may. for any cause.M deems anpeClanl, poetporie me saw from time
<br />_. IO tltM bnlli It aMlt M pompleted and,in every such cane. notice O[ pOatpOne~
<br />- rMnt atoll beplvan by publlddxiarotkn thareofby ouch. peraohat :ne limn
<br />' W Plop loaf eppolntedto!:tMsale~ provided; If tM,ple la poalpOned for
<br />-. bnpsr than (t1 day beYatd tM.daY dasipnatetl in tM ngtiCe o1 dale, notice
<br />: t/NfaOf Nrail W given in tM name manneree iM original ratite of sale.
<br />Trptsasttabaxaeulsarad oelivu tp tM.purohaaar. his DsedcpnveYinp tea
<br />' Properly aofd, but without: any : a wurantY. azpra a, Or Impbed.The
<br />recitals Tn. the Oead of any m tt tdrtatia abed De tontlu 1 a. Proof of the
<br />lrutDfulnaab iMfeoi. Any person.. Including 6eneflciary. may purc+rasBAt ine
<br />_. pls...
<br />(D) WMn Trustee pile Durwan4 to IM powers nereln, tea Trustee snail aDPIY iM
<br />proceeds: of tM -sob to payment Ut the wars sad axpsnsai of azs:cfaing tM
<br />power of sale end of dire:saw, fnoltr(~lpp ins payment Ot the Trustee's Faes
<br />aptwlly inCUUed, not [b excee0 _r_O/ ___°H dt tM pie price, anainea to
<br />L lM hertis in wbparap:apn id}IntM Order taw t tae.
<br />$t) After paying Iha ItameapBC:fHd In egbpaTagt pn bi 1; the sal by TmsieO, or
<br />tM propaf.LOUrt and diner rABls Of Poran!osur ar tl sale .f the 1 I pursuant
<br />- ~ to kudksal taxbsure, the prpceede of ears Shari bs appiad w the order a[aietl
<br />to tM payment o/;
<br />LO Cost pfany ev:denca of tiua procured m cad~cnon cairn earn saw era of
<br />a1y rerairuo atnmps:
<br />3
<br />f10 Ail aurae trran paLUrepnwehy:
<br />s
<br />(Ili1 Tne r'amalrlOar, ll any, tOtM pera.n:apailr amttne0 marar0.
<br />'8. auttn and f)bitpsflorra of Tmstae. la? The 6ogafl zrrct oabgalions m Tr,stan
<br />snau Ira daterm(nad sn{eiy :,y tn¢ 5xpresa orawsirns of ih@ Trust Dead and T*~:stae
<br />snail not t>e Ilapl@ r,vca Pt'or tDa partormznca of sutn Dunes and obligations as are
<br />spacill<aily sot ro:trt harem. and no :mpliad covenants ar ob11pa11Uns shall ire
<br />mppaad upon Truata«; tpt Wo provtslon of rnL Trust Daed Snell require Truatae [O
<br />expand Y rigk nls own !: tlberwr5e incur a v tinantial ODligatlOn In ChB
<br />peAOrmencaM any at It duties har¢undar, Or in the a%erolea of any Or its right Dr
<br />powero, if it shalt have grounds far DaUevVnq thnt the repayment of scan tunda ar
<br />adequate lntlamnltyag i. t n ,ak i' Ol.lly anal reeaonabhjap etll It.(G}.
<br />Trualearnay tonaull w'th 1 f ht chDOSlnq and the Wf fsutn
<br />counae, slab ba 'oil a d com;,.eta autnan.at on antl protection in the respect or:
<br />any action taken ar 9utferaC by It h¢reuntlar In Boodialtn and rot{gnCe tnBraon;.ld)
<br />TfUSlea shallnotAe hablefirr any anti taken Dy him in prwdfaith ano
<br />bellev@d by him to Da authorized pr ' Rin the d7screldon or rights of powers
<br />ContBrrsd upOrt ll D}'thls Trusi DSaC.
<br />17. Atlolllansl Seeurlftl InatnrmM[a. Truatar, al its expense; calif exetu:e antl tleliver
<br />t0 YR@ Trustee. DrOmpily u0on tlemand, su Ch security. In9immenta a9 may. bb
<br />required by Tra9lae, in form amt <UbslanCe saP1a18C10ry t0 Tmstee, covering any ol.
<br />IRe Property C vayea Uy this T s: Deatl, wntcn seturlty Insmumenls snail De
<br />eddlilOndl 5000fITy mrTruStnr'S lalinf u. pBtforman LB Of ail Ot the LafmB, LOVBnaMa
<br />and Cpntlifi0ns. UT this Trust Daed, the Promissory notes secured hereby, antlany
<br />other srfwrity rnstrumanla exaeulad m canneclion wlkpthla iranpetlon: sr;nn
<br />InsW meets snap be recorded or fH,ad.. and ra~reeordedandrBfg9tl; at:TmatoYa
<br />axpenae.
<br />t8_ MLwlleneous
<br />tai In tea event anyone or rare pt ;ne provisions contained In this Trust Deed or
<br />tMpromf9sorY note Or Any ether SeCUrIYy In5[rumenigivBn In connactlOnwith
<br />ibis transaction 9nah for any re n De Mldto Delrtvaad, Iliepal`or
<br />enforoeable many respect, such ~~valitllty,.lllapallly,orwenfortpbllhy
<br />shell, at :ne Option or Baneflciary, not efieet any o1Mr pravlSlon0/ this Trust
<br />Daed, but Intl Trust Deed snail DB construed aa'rf stwn Invalk. iliepal, or
<br />enfOrceaDia provislOn had newt been con181naC. nereln or therein:
<br />(Dj TRis Trust 6e¢tl s'hBll be' construed accordlnq to the laws of Ina Slate. Of
<br />Neoraska.
<br />fci Tnis Trust Dead shall i e' to anp bind the heirs, iepalees, devlseBe,
<br />adminls;rators, executors, 4urtceseors ano assigns of me partlos hereto.
<br />iCj r ustor snarl bay all to%es Yavied uDOn this Trust 6aed or the dBDfsetufad
<br />Rereby, ingather •alih any olhartaxes or s9saeamants welch may De tev<ed
<br />against the Trustee or Benefltlaryor the lagarnolder of said promissory hole
<br />a taunt of[hel.^debtodnes9 avi0ented thereby..
<br />le) Whenever uaednereln, the singular nurntrBr.9ha11 include the plural,: the
<br />9inguter, the use of anYgendersnali DB applicable to all genders, an0the tens
<br />"8aneliciary'- shah Ihmude any peyen ditheintlebtedneas haraby securedor
<br />any;ransfartheraoi. wnetha+Dy opsralion of law or cthenvl%:
<br />19. Succweaor. Truatae. 6eriaficiary may'rpm time t0 time subsiltute a:aucCeseor or
<br />any Trustee named .nereln or attinp'Mreunder !o ezeoute this Trust
<br />Deed: Upon such a9polntmant and without conveyance to foe succeaaor Trustee,
<br />IM latter ahallbe vested with ell title. powers,.entl. tluilee conlerced upon: any
<br />Truatae Haremnamed o otting hereunder. Earn auto appalmmBn[' and
<br />suostltudomsnallDe msaeDy wrinan InatrvmentDy 9anaticlary,..pontainlnp
<br />inference to this Trust Dead ano Itspiaca of retortl, wnkhwhen taco Ned 1nthe
<br />crane or the geplstar. of Deeds of m0 county or cdunnea ra which said. propertyas
<br />sltuatetl Snell ba conclusive prop! of proper eDpointmentof [he wpCOaeor Trustee.
<br />The. torepoing.. power-. rat Substhu[lon and ~M :procedurothere}oro shelf: not tie
<br />Bxcluslve of ine power end procedure providetlfor bylaw for the 9uWtltutl00 of a
<br />Trostea or'ruatees In the place pf tea Trustee.
<br />'M FOrWSnrtu. by tfsnel{tlsry or. Truatae Not e' WaWecArry -foreDearance by
<br />Benetktary ar Truatee:i : a sing. any right br remedy. nereundor. orolnerwip
<br />atkrdad:by applicetla I ahali not be a waiver. of orpreGlude the @xerclse of any.
<br />rign! crramedy nareuntler. Llkawise: IM waiver oy Beneficiary or Trustee of any
<br />de}auli of Trusmt antler iris Trust Deetl anal) not be deemed to ba awalvar of any
<br />otherof similar de(autts subsequently occutrinp...
<br />2t: 7rwtoY Nol PelsuW:.~ttanslon of tMtlma for payment or mrMitlcetloh 9r
<br />^.crti_•!c^. of t4a sitrns Saco?ad by mtv Tnlat D@Btl g .ntahDy Bananolary ro any
<br />9000BaaOr In mleroei Ot TNatOr8h811 not ODBrelel0 telea90, in 0ny mannef.'.the
<br />ilablllty of the original 7rustnr ar Trustpr's succeaaor In interest: Beneficiary shall
<br />no! De requlretl toc9mrrtence proceetlings against such aunGea9oror refuaeto
<br />extend vine for paymenC or otherwise mwily amortization OI. itre sums Secured by
<br />tole Truslbeed by raaaon of any denrnnd made by Iha original Trustor and Truslot s
<br />sUCCBSSbra in ln[areal.
<br />22, asfauftif theta snail ba a default under Ints Deedot Trusi or uptlarany,pri9r
<br />mortgage,tna Beneiitiarymay curs suchtl¢laull, end the amounts adventad Dy,
<br />and o1Mrcoafb an6 expenses of the beneficiary in Curing such detaul(wtth
<br />interebl et IhB deteult rate cpntelnad In fns Note secured Mrepy fromtha time a!
<br />tM edvance8 cr paynwnta shall Da added to the IrWebtadness 9@curad by MI9 Trust
<br />need antl may bB collactetl hereunder et any time attar. the time otsuch advances
<br />or payment9 and aMh be deemed to be Secured hereby:
<br />23.Optkn toFOretbsa. Upon the otcuranca of any defaultherounder, eenaficiery
<br />anell havatM oDliontU 7areclose Ihi9 Trust Daed In the nrenner.:provldatl 6y law for
<br />tM foracloeure al morlgap@s unreal property.
<br />21. TrudofeBlpnb, ADaenl 6etault Until any detaull in ine payment of
<br />indebtedness hereby ss urea or unUi tea breach of any covenam herein comalned,
<br />iM Trustor, its sunaesaors and asaipne, anali poaseesand enloy the property: and
<br />ecelva IM.renta and prollls there}tom Upo. paymre t o/ li sums secured by Ibis
<br />rust t7eaq Berreficlary snarl vaguest Trustee f0 rBC Huey iheproparty and.. shall
<br />endey ihisTrust Dead end elf notedarl0enc{ng..intlebtedneas aecuretl Dy this
<br />Trust Deadto Tmstea:Trustee shall roccnveY rns DropBrty.'wl(hout warranty atW
<br />without charge to the parwns :agehy entltlad thereto.Tne Grantee in any
<br />tBGOnvay G@ De dOaCflDadaS 'tn@ ptlann Cr perSDlts Bnt,i @dfnB 61n" 8hd
<br />(M rent lh 9 Ot any metiers Or facie Sna)I De wnCluel p OOf Of tRH
<br />nulnfulness tnera0l: Such porson or persons shall peY a, costs of recoltlm B, i' any.
<br />TD. Aeceie f 1 tME t f7 net 1 tea evem dhelifle to sad i sl t Is
<br />tranafe etl; or wntrac.ad tribe iranaa ed, f om<ne undersigned to any e
<br />by any meNM wnals9BVBr, the Entire pdnc:paf sum antl BCCrueC Intel@Sl shalt et
<br />coca DBtomb rive and payable at ine elei:lOn al the BBneflclary. Failure to axerciea
<br />this Option. because of iransfa; of the as above stater m nslenc@ snail not
<br />cgnalituf6 a waiver of rDe •ip~t to exercise the same In rho Even: of anysuDSaquen:
<br />.ranafer.
<br />tnTn;ba.odor;rnbtiajunlartoonedatnd.-_-___5 ].!i-232
<br />exacstad Dy Trpala t :f0&'V A IdOLF ._ Trualee,
<br />x«unnpapnnaparnGt tar jb0~000.00
<br />boliara e~tl frin0 !O; : ecord withtn@ Feplata= o! Ceav's and identflledea `OtrOws'
<br />Halal %o. Reg. of Deeds an S-It+-$L ano
<br />entered as Doc. 1l8t-001925
<br />
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