|
<br />and w InWt )A - ".
<br />ntareet t tr:e - ~ r •_ -~
<br />apbon of 9e - , '
<br />nr env mnep e~ - + ~ + r + .<
<br />mdebtaOnBR. n e an tar at ~ r.lar / .,, <.. ~n,r n.r,
<br />tU ANlgnment of RenU. 0 ~ '~
<br />tlurin9 ine coot ~.:ant¢ lo! • u s, Or x.11 l e, ~. ~,•. n r
<br />top PrOpsrtY anA ~t a [.: '-r - e.1
<br />xeaESBlon nt ine pm Per elf _, a a,.y nand it ,tx'~v B.nn
<br />Ondlhonally !]signs tall aur'h ~ end ' Js9en.r,ciary
<br />Benefic'ery howe+er Yerxnti ,.o ,s n the ust-+r-. .., i .
<br />uen rents : ann prnbts as IM1ev .. _ d Dc[ame ,- :a Dlep'S n:q a.
<br />Trustor r r:Dlu al sucn t ~ netaulf~wllh eegpecf I~aaayma
<br />mdebtednass a9tured naraoy `9.rnl;ne perinrmance o ep: eem¢ro n ~nmrr•
<br />Upon any sucn 7xlau119enghtldry maY al env nme.'_n hCr^^p~!r~2m by agPn! ^.
<br />xeiver t0 be aoooinlpd by a Court, w,tnnur nphce ann w. redard !c ~ _
<br />a0equacy ut any security for the indeb!eCnesS harsh'. s¢curwlf ^a '
<br />take possession ct tM PrODerty Or arty par! :nereol. and In its n-wn ~s rt:r sire !nn Ur
<br />otherwise cOliDCi such rents, is antl pratita. ,ncluding ,hors past d a.nn
<br />unpaid, and apwy the same, lessacns:s and evppnses nt op¢ral,en and tallectian,
<br />Inciudmp rp naole anprnaY !ee.s. •.lpon am mtlebtednoss sxrureC h¢•¢by, and in
<br />ucn or0er ag Bennlic:ary' may tletarmine' rb! pert Orm s~^n acts c repair r,~
<br />protection as may Da n¢epssary Uf globe! Io tonse+vn !ne value at Ina Property: l[.
<br />lease me same or any Dart meteor for sucn rental, r and upon suer, cnnmuons
<br />s its judgement may dictate. Unless Try9.or ant 8 neficiary agree 4ine[wise rn
<br />wNing, any apDiicativn OI rents, .s rnll:s to ;ny l.ndebte0ress s ured
<br />Hereby snail nOi extend or p09ipone Ih2 sure date of ine lnsialllnenl payments as
<br />providetl in Said promissory note ar !mange Inx arz!UUni of such in5lailm¢nis. TPC
<br />Entering upon end Taking COSS9asron of the P•Op¢fty. IM1¢ toll¢CilUn of auto rents.
<br />issues and proms. and the application mereot as aroresad, snarl oat wave or cure
<br />any tletauli ar notl;.¢ of default Hereunder. u nrah0atp env act done purSUant In
<br />auto notice. Trustor also assigns la Berle+I[+ary, 25 lurthar s unty for the
<br />performance of the nDligations secured nare0y. ail prxpaitl rents and all monies
<br />white may have seen or may nereait¢r be tlepasited wnh said Trustor Dy any lessee
<br />01 the Property. tU sprure the Deymenl of a ant. and upon tle+ault ~n the
<br />par}wmance or env of the arovismns nereol. '. r agrees to neuee• such roots
<br />and deposits t0 the Bnneticrary. DElrverv Ui written n of IHe Benefrc,ary's
<br />miss or the sigma grained nerem.:o any tenant on[upy~~s said w¢mises snail
<br />be sufficient to require said tenant t0 Gay card rant fo the Benetitlafy until lurtn¢r
<br />notico-
<br />li. LNeb PromiNa. Witnirt tq days after demerb. Trustor snail furnish to TruslN
<br />a aCnetlule tertllle0 io be trYB, setting forth all lessee of space in the Thar
<br />Property men in ertecl lncwmng. m Non case, the name of the tenann ana
<br />xCUpante, a tleacripllon of the space xcu0letl by such tenant end xcupant, ine
<br />enter payable for sucn space flrM auto other irformatlon End Oocu Arita wlln
<br />respect to sucn leases end lenanwen as the TNaree may request.
<br />Without the prior written c ant of Trustee. TNamr shall not, directly or
<br />IndlreGtly, wlm reaDeot t0 any 189e of 9pece In the de9cnbed premises, whether
<br />auto IeeN IS now or hereafter In eklaience; (a) accept or permit any prepayment,
<br />dlewunt or advance rant Deyable thereunder, (D) rental or ierminatp the same. w
<br />ceps any cancellation, lenninatlon or surrender thereof, or permit any event to
<br />xcur wAlch Would enUtla IhB lespee thereunder to Ierminaie w cancel the same; (C)
<br />mend cr malty the same so as to reduce ine Sarni !nereol. Ina rental Dayabie
<br />tnNeuntlBr, w to change any renewal provl8lons Therein containod: (d) waive any
<br />dslaUlt mereunder or breath tnereot; (e) give arty consent. waiver or apDrOVai
<br />ItrNeurbef or take any other action 7n connection thBrewlM, ay wlm a leeaee
<br />IhareU/Mer, wnfcn would have the ehacl of Impalring ma value of tensor's interest
<br />therountler, on the Property suDfect tnerNp, or of Impaldnp the position or intNest
<br />of ine TNatN w 8eneticlery; or fn soli, assign, plo0ge, modpage or otherwise
<br />dispose oi, or encumber, Its Interest in any such (ease cr any ran W, Issues or profits
<br />Inauinq or erbinp thereunder.
<br />t2.OwWNnMporu it title to any pars at the Property snail bB taken In tondemnatlvt
<br />proceedinga. Dy right of eminent damatn or similar aclbn, dr snail De aoltl antler
<br />Threat of eondemneuon. alt awards, damages and prxeeds are heroby aaalpned
<br />and !Mil be paid to Benelicinry woo snail eRPly sucn awards, damages ana
<br />prx9eda to the puma secured by Ire Truai Deed, with the excess, if any, pats to Ire
<br />TNSIw. Trustor will promptly, antl wNh due tlilipen[e, repair. alter and restore Ire
<br />remslOlnp Dad 01 the Trust Property to its brmer cunOitlOn su0atenueily t0 the
<br />ektenl met the same rosy be teealDle antl so as to conatllute a campleie antl usable
<br />unit.
<br />t7. FYturo Adyancaa. Upon request of Trustor, Beneflclary, at 8aneflciary's option,
<br />odor to reconveyence of me Property to the Trustor, may make future advances iv
<br />[he TNelw. Such lulure advances, wlm Intaresi inerepn, ana!1 t» secured DY this
<br />That Dead when evberrce0 by promissory notes st8ung teat Bald notes ere
<br />eeCUred hereby: Drorbed !net at na time shell Ines uretl pdncipal, fyNre
<br />advaneea, not Includlnq sumo advencetl to protect tea s cavity, a teed one
<br />hUMred percent (1g0%) of the arlpinel Drlnvipel amounts secured he+e0y
<br />t>. RanNdtN Cumubtiw. All renlediea provided In rota Trust Deed are dlshnct antl
<br />mutative t0 any Other rlpm or remedy under INS Trust Deetl or altwde0 by law ar
<br />equity, end may be ekerclsed concurremfy, independently or aucceaalvely.
<br />t5. AepNnfbn; RemWMa: Sala. Upon defaul! by Trustor In IM peYment of any
<br />Irbaplednesa Decayed Hereby ar In the pertormanca of any agrearneni hereuMar,
<br />Benellclary may declare au same secured Hereby immBtl{etaly due and payable Oy
<br />delivery to TrualN at wrNlen deciaretion of tlelauiL The TNe1N shall Nva the
<br />powN of sale of Ire Property snd i/ 8eneticlery desires the Property to bs sob. It
<br />anau depoaN who TNatN role Truai Deea and au momlaapry notN ana exumente
<br />evidanctnp expenditures secured neraoY, antl snag delNer to TfuatN, a wdtten
<br />nOllpe of default antl 6lectlOn to cause the PropenY t0 Da aoitl, and the TNatN In
<br />turn nMl(Dropue a similar NoUCe In me Iwm required hY law, which Snell ba duly
<br />Nled for rscoro by TIUatN.
<br />(a) ANN the tepee qt 6Uan time 89 may N required Dy law IOllowing the retord-
<br />ahon of aeb r10ilca of default, ono n0t1<e Of Oelault antl nohce or sale having
<br />OsBn Onren as rNiuired py law, T+ueIN. wuhOUt tlemand art Trustor. shat; sail
<br />Iha Property On Ire date and el the IImB and plate des'ipnated In Seid ngilte d!
<br />tale, at public auctbn to ine nlphe9l bidder. the aurcnaan prate payaole :n
<br />lawiul money Of top United States ai :rid '.Ime of sate. T ondUGtinq
<br />IM aab may, !O enY Cause he dooms espedlenf, DOntpOngrtM Sere Isom !:m0
<br />to lima until It snail Da camplaied and. in every sucn Cage, notice at poalWr»~
<br />nrent arwli De Glren by Dubuc daclaretion merenl by eucn person at iM time
<br />antl place last eppwnted fro Ma sate: Dmvkyed. l( [ne ails is poaipCnad tar
<br />bnpN than ill tlay beyantl iRe dry CaSigneteC In !ne natlca vl as natlca
<br />thNeOt shalt W given in the a>me manner 89 the Urigmel nU.%ta ar 9a1e
<br />TruaiN anau E and dative: tU ana pafcneNr n a DerN c veyinq .^
<br />propane solo. bu~.nneor am [mane,:: or wsnamv. eipreaa. onmpged. rna
<br />echela m Sire Gad pi anY "!9[tera o° °etie a!M!! b8 C^_M:iuarre greet U! the
<br />Ninfurnesp ene~eal Any pe a„n .n,,luq,ny` Bpr:x^:c•ary, n , _naae a, te.n
<br />sale.
<br />m; wn.n na _ ,e vowan nerelr i oe snae env+y tyre
<br />proCNdn o! me aa'e?c Vey-nwnirot inn [aa!3 enq exi: Inaba of axertssinp !ha
<br />Dower Ut -f t, ~ !nJ4dY1C~ V>Ynvei. h NI'
<br />atiuarw a_ppu .VGIi sx n a. en t.
<br />I p..ema .., vunp>rvjrapr ::.;: .nn „rUPr i!Wrp atala.:ra
<br />.tr Af.N Wry •6 rrq ttl v s,ra.::1 nJ un( ra4rv,.'. v
<br />pYd•ora .Ore,, yawn' ar,+._ap.ls,r sae ..na„ I.+a ,-.6-+sinrn-.
<br />„ire. and .>c~lpano.,a . n ._ garors n usten
<br />:o rest Daen .rnd'.rwiae
<br />. , - ! rt it as and Uollgdil0na ea era
<br />- '_ •~ aMrgatrons grail ha
<br />~,... ~. 1 ,t L.an snarl raaulrp T ruetee to
<br />: I.narvCral aDiige[ion 3n InB
<br />u Sa_. rr 1 > OI any of Its right Or
<br />+ r ng Ina! Ihp repayment of sucn funds or
<br />m1W..et ~i ~ aoilrty .r r.ot r~aeonably assured to u: Ic)
<br />.. +sin .+t .;al s^ lop and Ire aOvlCe of sucn
<br />noel mall pa t. =l ana ..nweta amnnnurmr, and pmlecuan m me respoet or
<br />.t"' - akn•~ a - I under -^ good faith and reliance IRereOn: tdj
<br />~? px uaD+o tn; act on raker, py Aim in good faith arW
<br />reJievpeCSbv n autnn'izxd p. -with+n the diagretlo^, ar rigors of powers
<br />.on arras uponTi n, ~ s Tr,:. Doan
<br />~' 60ditlonN security Inetramenta. Tn.stor. at Ifs axpgnse. will execute end deilvN
<br />1U In ua19p. u•OmpIH u e tlamand, auto Security inahumepte as may be
<br />required Dy Trasrna. in term and aubstanee satlslactory Io Trustee, eoverlnq any of
<br />nE Property :orvayed ty rn uat Dead, wnlcn security Inelrumantn 9ha11 be
<br />atldl(lonal 5eeur,Iy +or Trustor"5 fallnlul par}wmenea Of ell of me lermn, eovenanie
<br />and coed:llor+s nl !his Trust Daad, Ire promissory nq{ea sxuretl hereby, and any
<br />ether security ina•ru ante ax rul¢0 in connection wlln this nanaeetlon. Such
<br />nstrumen!9 snail benrscordetl~ar (;lad, and re-recomed and retlled, et TNator'f
<br />exvenge,
<br />ie_Mbrwlanaoua. -
<br />(a) in the event any one cr more of the provisloru containee In Ihla Trust Deed or
<br />ins promta9ory note w any prosy seta Nty Instrument given In connecttpn wlin
<br />tole irenaactlon shalt to any reason be Held to be Invslld, Illegal or
<br />enforceable in any respect. sucn Invalidly, IIIe0allly, or unenlwCNblllty
<br />shall. ai the option of Banetklery, not affect any piney proWelon OI this Trust
<br />Deed, put tots T. rust Deed shah ba construed N If eucn Invalid, Illegal, at
<br />unenforceable grovislon had never Dean contained heleln w lnareln.
<br />tb} This Trust Dead nhaif bE contarued aocordlnp t0 the Iowa of the Sate of
<br />Nebraska.
<br />(c) TMs That Deed shall inure fn antl bind lea helm, IegBIeN, dertaeea;
<br />adminlstrelors, executara, aucceaaors and eNlpne of the partlee herotp.
<br />(d) Trustor anau pay an fazes reefed upon tMa That Deed or the debt secured
<br />hereby, SOpelner with any Other taxes or aDSNSmenta WRICh may. b0 fevled
<br />apeinei MB Trustee or eenehclary w the Iepei holder of Nb promissory mote
<br />count of tnE lnOebiNnea3 evbenced tneroby.
<br />le) Whenever uae0 ne+eln, the elnqular number anau include the piurol, tM
<br />Slnpular, ine use Of any gendN anau be apPilCSOle to ell pNMaya, antl ine term
<br />^[taneflclary" shall include any payN Ot the IMebtedneu.hereby secured w
<br />any Ireneter thereof, W nptner by operotlon OI taw or atherwiN.
<br />!s. Sracnasw TNSaa. Benellclary may from time to time eubstltute n aueCNax ar
<br />ro io any Trg9ioe named narein Or acting hereuntlef b BxeCYte rota TNBI
<br />DeoO. UDan Sato appointment antl wlihwt nAnveyanCe t0 the eacCNaw TNatN,
<br />me latter shell be vested who flIl title, power, antl dutl8a conferred upon arty
<br />TrmiN nerem. names o achnp hereunder. Each sucn appointment and
<br />9ubetltution enell be made OY written Instument by BenetlClary, COntsinlrlp
<br />reference to th19 That Deed antl its piece Ot record: whiCn when rocor0ed In the
<br />office of me RCpta1N of DeeOS of the county Or wuntlea in wMCh eels property )a
<br />sltueted shall be conciuaive proof nt propN eppplnlmant of the axc6eaN TNatN.
<br />The torepOmp prover of auOatlNtlon orb the ptxetlure therefore shaft not be
<br />xcluSlve o} the power arW procedure provide0 for by IoW tar me Dubatltutlpn Of
<br />TruatN or Truateee in me place of ine TNStee.
<br />20. Foresarartp by SaNllGlary m TN>W -Nei a Ws1wN. Any forobeeraxe by
<br />BenetlCtary or TfYeLN in axaroieNg any rlgni Or remedy hBreuMN, or otherWlN
<br />aftortled by appifcable law, snail not !te a waiver pt or prxlude the examine o} any
<br />right w remedy hereunder. LlkewlN, the waiver by Beneflclary ar TfUaIN pf tiny
<br />defavll of Trustor under foie That Deed shall not tin dNmed to Den Welver of any
<br />other or stroller de/subs au Wequently occuminp,
<br />21. TNatw Not ReiNtad. Extenalon of the Ilme tw payment Or mOdlliWtiOn o[
<br />emorthallon of tea sums secured 6y tM9 TNSI Deed prontetl by Berle/lelary to any
<br />xceaaor in toreros[ of Trualor ehetl oat operate to releaN, In nny manner, the
<br />ueblilty of tea oripina! TNalor or Truatai s auceeanor In InlerNl. Beneficirfry snail
<br />:wt be required to commence proceetlingr against such axcNaw a retuN-to
<br />extend time for peYmenl w otnarwiN modtry amonlzetlOn of ilia same secured by
<br />tots TNSI Deed by reason of any demand made Dy the odpinei TNetor erM TrusloYa
<br />aucceaaors In rmereal.
<br />n_ tlNN11 If there !hall De a tlefeYb um1N tNe Deed Of That Or Under nny Driw
<br />nwrtpepe, the Barrellclary may cure such delsult, end the amOYni6 advartesd by,
<br />alW Diner costa orb expeneea of Ire barrshtlary In CuNnp. each tlefautt, wfm
<br />imereat et the detauli rare contnlned to ton Nota eecurad hereby imm the rims Of
<br />the advancer Or payments rhati be sdtletl to the IndebtadlHe! seCYrad DY this TNSI
<br />Dead sib maY D0 COIIeCtad hereunder at arty Ilene aNaf fM limn Of eucn edW ndee
<br />or paymenb and aM11 Da deemed to be secured hereby.
<br />23. Opfbn to Foroeloaa. Upon tea oxursnce of arty delsult hsrwnOer, Benslielary
<br />mall nave ine option Io IurK1oN inia iNSt OgeO in tM mantrer DrOVidad by law for
<br />ine toreclonure df mortgagee an rNi woperty.
<br />2a. Tnrata'a Rtptd., Atnsnt DahuN. Until any Wlsult In tM paYmenl of -
<br />irMebtedneae hEreDY aecuretl w until tea Dream of anY coveMnt Hereto contained,
<br />ine Truatw, its succeason Nb aaslpraa, shall poNNe and anJaY ine Property, sM
<br />ewfre the rants aM Drotita Inerefrgm- DpOn Isayrtrsn! Of ail sums BacYrod by thh
<br />Trust Dead, eanetmlary Sheri +equaat TNatN t0 recomay tM property and eMll
<br />surrender this Trust Dead aM eg rrotea eviderictnp IndsbledMN eecurod by rota
<br />Truai Dead to Truatea Trustee 9na11 rocxvey the property wltltout Warranty end
<br />wiinour C a !O I'b Vnrapn9 ltpaily entitled meretp. Toe Grantee In 6ny
<br />;acanveyantev,'nav os CeswibpC as 'lea patron or pereona entitled Thereto;' end
<br />Ire nic11e18 t'!ernin al any matters or inCia shall OB cOnclYaive proof of the
<br />.Nmfulnees t~ vac:, sucn ppraort Or persona shall pay ad coete of recordlnp, I: any.
<br />:s. Aacetsr>Brm to ana Event of Tnrn}N. Irt the event the title to said real estate le
<br />tronaterrNf, or coat+aCiad to tin L'ansferred, !rpm the undersigned ter any reason or
<br />by anY memos wnatsaeanr; top entire Drirrctpel sum and axruN interest shalt at
<br />Gnce Dacornn Hue ana Dayapie at tea election at the Beneftclery. Parlays to exerCle9
<br />!MS o01mc ba[euae at trangfa: o+ ells as strove !triad In one InatanGe anau not
<br />[gnsihute a wawar of me r;gnt 10 axerGae ine name to rna event of any subeepuent
<br />ae.Tniadewanmacle;un;annoned>md....__ NA
<br />eseCUled hY 7rualo' t0 . .,. ____ TNetN,
<br />netur!ngacrnUpar pole tu, ..
<br />Dui'a sa._.. BC a... „w. 1^e Way~f-n~~ aa.,e snd ldentiited ae fpllOwe.
<br />u, l,aa: yt en. a:
<br />
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