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<br /> � oxpens4s, inc luding coat of ovidanco of titla and attarnoY a f��• �� �ny �uah
<br /> nction or prxo�di g in which AunaficiarY or TrusteQ may eppoer. Should
<br /> • Trustor fail to �o eny peYnwnt or to do any act as and in the mennar
<br /> � �� � provided in any af tha Loan Inetruments, He�eficiarY ana/or Truotoo, Qach in
<br /> ite own diecreEion, without obliq+�tion, maY meko or do tne sanw in euch mennor
<br /> and to ouah extent as aithor meY deom n�aoaaary to protoat thQ security
<br /> hereof. Trustor ehall, immediately upon demand therefor by Beneficiery, pay
<br /> � ��.r"�.. .' 1, all coate and axpan000 incurred by Heneficiary in connaction wlth tho exarciae _- -
<br /> � ��.� by Beneficier o� the foregoing rights, inalucling, without lia►itation, costc
<br /> ..;W:�,.�;,'...s:.:�t • of evidanae o� title, court costs, appraienle, eurveys and attorney'o fees. w,�-
<br /> -'" ;�,:•,,:._ ., ,:� . Any such costs and axp�nsea not paid within ten (10) days of writton dwnend
<br /> •;.:;�;;;r,,,,:.. ; shnll draw intoreat a� tho dafault rate providod in the Nota.
<br /> --- � • ' g. EMINBNT DOMAIN. 3hould the Trust Estate, or anY part thereof or
<br /> interest t er n, e en or damaged by reseon of any public improvemant or `�_
<br />- --- _•,�::�.� condemnation roceeding or in any other manner inclu7ing deed in li.eu of �___
<br /> --_ -.r_,.;�. . >;- Condemnation �j"Ccndemna�ion"), or ehould Trustor recaive anY notice or othar
<br /> �� �� �,ri� information regarding euch proceeding Trustor ahall give pra o elltten
<br /> - notice thereof to Heneficiary. Benef�aiary shell be entitled �
<br />.�_���=a �_•��'�'`ti, '� compensetion and condemnation awards and other peytnents or relief therefor __
<br /> and shall be entitled to make any compromise or settlement in connection w�th �:.;_�,__
<br /> �►�� �, �, ':.;.;� • such taking oz dama4e. All such compensation and condemnation, awards = _
<br /> �' l••.-: demages, rights of action and prxeeas awarded to Trustor (the °Procoec�s") are ___
<br /> � `r hereby assigned to Benef iciary; and Truetor agree_ t • exec� te auch Rurther Y _
<br />.,�•. ,i ~ assigtmwnte of the Prxeeds as Beneficiary or Truetoe may L��iuire. _.-_
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<br /> �����:� �`'�"s� ; 6, APPOINTMENT OF SUCCESSOR TRU3TEE. Heneficiary may, from time to =
<br />::Y;,�;;,_;:; y ,,, ,,. ,,� by a wr en ns rumen execu e an acknowledged bmy Beneficiary, mailed
<br /> ==,�� ',,�¢", ,. . to�Trustor and recorded in the Count in which the Truet Estate is located and ��_
<br /> .4,-.�•�_._
<br />'�-':���4• by otherwise com�lying with the prov siona of the ap licable law of the 3tata
<br />-'=-x,,;;,;� . . .� , of Nebxaska eubs itute a eucceseor or successore to �he Trustoe named harein ���.;
<br /> •: ;��' �� or acting hereunder.
<br /> �.,: ; •,
<br /> ••'�i4'" , ;f+�t. ``�`l:,'S°5�. 7. SUCC63SOR8 AND A33IGN3. This Deed af Truet applfes to, inures to
<br />�:••�•1 �.. a� A... '.H.•
<br />`"��`" •� +. the benefi o an n s a par ies hereto, their heirs, le�atees deviaees, __
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<br /> ;.:,,,_. ��' "�'` ' peraonal repreoe�tatives, successore and assigne. The term Benef ciary"
<br />,':,-:•;:. �. shall mean the owner and holder of the Note, whether or nok named ae �___
<br /> ,�; ' ,,�„ eenefiaiary herein.
<br /> '�"""
<br />:�,`'s� '� .,1.:,f�•�� 8. INSPECTIONS. Beneficiar , or .fts agente, representatives or -_-
<br /> ,.+.�•_ ,-�. .,.<<,:,
<br /> . �••, warlanen, are au orized to enter a any reseonable time upon or in any part of � �,_
<br /> .:�, ' `••.'r`;:;r� the Trust Estate for the purpose of inspecting the same and for the purpose of
<br /> �•;• � �..;� • : �-��'-_�.
<br /> �. . � � performing any of the acts it ie author3zed to perform under the terme of any
<br /> t � ' � of the Loan instruments.
<br /> .,,� " � 9. EVENT3 OF DEFAULT. Ariy of the following events shall be deemad an {�',L�`
<br /> ° � event of e au ereun er: �,`�y-
<br /> ��_
<br /> • ' � °• • ° � (a) Trustor shall have failed to make payment of sny installment of I��'ur;
<br /> interest, principal, or princi al and interest or any other eum secuced hereby ��-- -
<br /> � � � " �� - when due for a period of five �5) days; or, a`��---
<br /> . � :n �`"'�
<br /> - ^ � ' ^ (b) There has occurred a breach or default under any term covenant, ..
<br /> , ' agreement, condition, provision, representation, or warranty con�ained in any _
<br /> � " of the Loan Instrumente. �_ --
<br /> ' 10. ACCELERATION UPON DEFAULT MDITIONAL R6MEDIES. Should an event of =�
<br /> '� ' ' �� default occur ene c ary may ec are a n e e e s secured hereby to be
<br /> -� ���`�`'''. ' due and payab�e, and the seme shall thereupon become due and payable without �,;�;�
<br /> . any presentment, demand, protest, or notice of any kind. Thereafter the __-_
<br /> � ' Beneficiary may: - _
<br /> � !� � �� � ' (a) E3ther in person or by agent, with or without brinqing any action `��u�
<br /> r� '-'y.
<br />- �= ' � or proceeding or by a receiver appointed by a Court and without regard to the , ,
<br /> • � adequacy of i�e security enter upon and take possession of the Trust Estate,
<br /> ��+�` '' or any part thereof, in �te own name or in the neme of Trustee, end do any
<br /> "' ;. ° acte which it deems necessary or desirable to preserve the value
<br /> � marketability or rentability of the Trust Eetate, or part thereo� or intereat .,*,;
<br /> • � therein, increase the income therefrom or protect the security hereof, and
<br /> . ,, •�. '� with or without taking possession of the Trust Eetate sue for or otherwise
<br /> -- collect the rents, issues and profits thereof, includ�ng those past due and
<br /> unpaid and epply the seme, less coste and expenses of operation and �
<br /> collec�ion, including attorney's fees upon any indebtednesa sacured hereby
<br /> ' all in such order as Beneficiary may �determine. The entering upon and taking
<br /> -��:.�. possession of the Trust Estate, the collection of such rents, issues and
<br /> profits and the epplication thereof as aforesaid, shall not cure or waive any
<br /> � default or notice of default hereunder ar invalidate any act done in responae .
<br /> ' to such default or pursuant to such notice of default gnd, notwithstanding the
<br /> �' continuance in possession of the Trust Estate or the collection, receipt and
<br /> +''�� ' ap lication of rents, issues or profits, Trustee or Heneficiary shall be
<br /> en�itled to exercise every riqht provided for in any of the Loan Instruments ;
<br /> '� :����,'�•;., or by law upon occurrence of any event of default, 3ncluding the right to
<br /> , exercise tha power of sale;
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<br /> �b� Cantnence 8I1 $Ct10[I CO LOC@C1082 CR1ti UCCCA trt iiuoi. oo a:� n.""'......�y.°..^��• �
<br /> .. . appoint a receiver, or specifically enforce any of the covenents hereof;
<br /> (c� Deliver to Trustee a written declaration of default and demand for
<br /> sale, an a written notice of default and election to cause Trustor's interest
<br /> in the Truet Estate to be sold, which notice Trustee shall cause to be duly
<br /> filed for rE+ror�7 in the appropriate Official [tecords of the County in whfcFi
<br /> the Trust E�:tate is located.
<br /> 11. f'ORECLOSURE BY POWER OF SALE. Should Benef iciary elect to
<br /> ' �- foreclose by exere se o e ower o ale herein contained, eeneficiary shall
<br /> notify Trustee and shall deposit with Trustee this Deed of Trust and the Note
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