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<br /> f i�� ally �Iii�UtY W1 �flit �.i(� tlf l�i� Truytut Ya mYY� ��li fY�lYy111Y11� ty/hl!{�tl 1'Y/i{)W:��n etw LuNn AyrwNU�nz �u�ct any
<br /> �; othM adve»cef unt3ar tRia� L�ed o�Trust hereDy eac�md: �nd,
<br /> j �C� Any actton 6y ttw 7+y�tor piohibit�d by the taPrn�af th� Loan Apraaman7 ar thi� Doad of Trunt ur eny iailure of
<br /> _� J tho 7�ustor ia act ae required by ths loan A�rr��mant or this Deed oi Truat,each oi v,1►ich Truotr�r heraby�qraes
<br /> - ! hava on �lvorss eitect on tha 8ener�ciwy'o �aaurity for ths una of crad,t establi�hc�rl and the rl�hts of the
<br /> ' Fwiwfici.uy i�� suci� cw:uriiy.
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<br /> � M •n;upan the happanin�of or►y such ovent of defaulc, Barwficiuy may declnr�all sums securad hereby immediately
<br /> ,. dua and paysble by deliver to Truste�of written dectaration of doiault. Tho 7'ruatse shnli havo the pawer af calo of
<br />- the Proparty, enc7 if Beneficiery deNiren tf�a R�operty to be sold.it shall deposit with 1'ruat�to this Deed of Trust and all
<br /> • promissory notnr�and dacumonts evidnnrfnp oxpenditurer escured hereby and chal!dulivar to Trustco a written notico
<br /> nf detault and elucti�n to ceuoe the Property to be sold, end the Trusteo in turn shall Rr�are a notice ir� tho form
<br /> required by law, whlch slwll bc�duty filed fo�record by T�ustee.
<br /> ` (� After the lepaa of suct� tfine �s may ba require�ct�y !aw fallowinp the recxlydation of sald notice ��f clefault, ar.d
<br /> ; � nodw of rJefault and natice of sa{o havin�basr��iven�s reQuir�d by law. Trustee, without demxrd on Tru�t�c.
<br /> � shall ceil tha Froperty on tha date and Ut the tima and place ctusagnated in said notice of sale,at public auctw:�t�
<br /> the histwst �ai�r, tFw purchase prtce Raysbla in lawfu! money of the United States at the time of sale. The
<br />:� per,on ccr.d�:�.tin� 4Fw sale may,fot ;atiy cause he deems expedient, postpone the sale from time to time until it
<br /> shall ba ccmpleted and, in evory such aase, natice of postponesmant shsli be gi�e�by pubUc declaretion theroof
<br /> .�:. by such persae�et iNe tims and ptace G�st appointed for the sale, provided, if the s��is.pastponed for lonper than
<br />` :;;�:� one111 day L'�yond tha day designaierJ en the notice of sala, notice thereof shall be giran in the seme manner as
<br /> : � the ori�inal notica of s�E¢. Trustee s:aa31 execute an6 deliver to the purchr�ser its Deed conveying the Property su
<br />_`�.,
<br /> s�9d, but without and5f cavenant or werre�ty,ew,��ess or implied. The recitals in the dead of ar:��*�stters or acts
<br /> s'hall be conclusiv�proaf c1 the uuthfulnass therea�. Any person,includin�8eneficiary,may pc.uct�sa at the sele.
<br /> 13�� (6� When Trustsa selts p:►rsuant to the powers hsre::�,t�e Trustee sl�all apply the proceeds of x�xa safe to p�Yc�ni
<br /> - of the cests�nd eacpenses of exercising the power of sats a.�d ct tho sala, includir�ths payment of tha Trv�ta�^'�s
<br /> _ tees actetali� �curred,which Trustee's feas shall not in ti�e aggregste exceed the folluwing arnosant bssed�tsn
<br /> � t�amouni s�ured her�eby and remaining unpaid;5 parcei�tum on tha�'rsi 81,000 thereol, 1 pec�n3uc�a on iM
<br /> -= C�lanca thereof ered then to the itams in subp�.rsyrsph(C) in the►order t'h�:.�a stated.
<br />";;� IC)Aftu payE�g t'�e items specified in subpsraQra�,�h lB) if the sate is by Tr�siee,or tFx;proper�uvt ar�d oi.'xr�scs
<br /> of forectosure ar�d s�1e if tttie sals is pursuant to jud'eciel foreclosure,the proceeds of sa��'sall be a�ptied in tM,x;�ul�c
<br /> stated to the pa�mani of:
<br /> � (U Cost of any eti�dence of title procured in con�ectian witF►sic�:S�sala and of any reverwe atampa;
<br />___ (Iq AQ sums the secu�ed heroby;
<br /> (Ilq The rema�nder,if any,to ths psrson le�ally entitled thereto.
<br /> � 13. Du2ia and ObNpstlom of TrustNS. (e) Ths dutte� and obligatlons af trustee shall bs dstsrmined solay by
<br /> — the sxpress provisians of this Oeed of Trust,and Trwtes shsll not be qsble excapt for ths psrforma�cs of such dutiss
<br /> � and oWipation� as are spe�ificafly set tonh hsretn, end no impti�d covenants ar oblip�tlons sh�ll b� imposld upon
<br /> - TrustM; {b} No provisions of thh l?a�d of Trust shall reQulro Tru�tse to sxpand or sisk it�own tund:,or other+Miae
<br /> � incur any flnancia!obli��tian in the performa�ca of any of fts dutles hereundar, or in the exerclss nf sny of et.a ri�hta
<br /> = or power,i9 it:hdl have�rounds for believinq that ths rap�yment of such funds or adequats indemnity�pslr►st such
<br /> — risk or liabitity is not reasonably assursd to It;(c) Tru�tao may consult with counsel of its own chaoslnQ and ihe�dv'�ce
<br /> of such cow�aai shat!bs full snd compl�ts authorization and protsction in the rs�psct of eny ectfon uken o� wffered
<br /> by it hereundar in 9ood falth and rellence thereon;{d) Trustee shaG not be IieWe for any actlon taken by it tn good faith
<br /> _ and�eaaonably bslievsd by it to be authorized or within the diseretion or rl�hts and pow�ss conterred upvn ii by thia
<br /> Deed ot Trust.
<br /> 14. Addifbnai S�uity Instrumw►ts. Truator, at iis expenss, will exacute nnd deliver to the Truste�, p�ornptTy
<br /> upon demsnd.�uch secu►ity i�sVum�nts as may Us requtred by 7ru:tee,in form and substence satisfactory to Trustee,
<br /> = wvsring any of the Property canveyed by this Deed of T�ust, whlch sscurity insuumsnts shal! bs add�tiona! sacurity
<br /> tor Truator's faithful performance of atl of the tsrms, covenanu and conditlons of this Dead of Trwt, the Lcar�
<br />_...3 A�rsemsnt,any p�omissory not�s secured hereby e�d any other secu�ity inctruments executed in connection with zt�is
<br /> -°:�� transsction. Suc?�instruments chall be�ecorded or tited, and re-recorded and rofiled, at Trustor's expense.
<br /> � t5. Mtsc�Yus�ow.
<br /> (l� M the event any o�e�more of the provisions contained in the Deed of Trust, or the L.oan Agreement or any
<br />�� promissary cwte,or any other security instrument piven in connection with this transaction,shall for any reason
<br /> - to b�het�to bs invali�,iJlegal or uraenforcesbls in any res�sct,such invalidity, illagality or uns�forcabit;ty sl�iatl,
<br /> � at ihe opiioa�of B�w�iCixy,noi affact a�y other provislor�of thia Oe�d of Trust,that this Daed ot Trust shst3�e
<br /> - construed as if sueh in�catid,illega!or unenforceaL�la provision had never been contained herein os therein.
<br /> -' (Bl This Deed of Trust sh�3 be consuued accordirt�to ihe Iaws of the StaLe of Nebrasks.
<br />-�� (C) the Deed of Trust shall insure to and bind the hsirs,leyatees, devlsees,administrators,execuwrs,successora and
<br />'_� assigns of the parties hereto.
<br /> 1D) Trusior shall Ray all taxes levied upon this Daed of Trusto�the debt secured hereby,together wi2h eny othertexe9
<br />_;� or a�ssssmants which may be levied egsinst the T�ustee or Beneficiary or the legal hnlder of the Loan Apreement
<br /> �° on accaunt of the indebtedness evidence thereby.
<br /> i: (E6.Whenever used f�eirt,the singutu number shall inctude the plu�al,the plur�l,the sir►eular,tha use o}ar�y gender
<br /> �� shaU be aQplicaWe to aU genders,and the term "BeneficiarY'shall inalude any payee of the�ndebiedness l�eraby
<br /> :'� secured ar�y transfer thereof, whether b o
<br /> ,�,,, y peretion of tawo ar otherwise.
<br /> �Cr. Sucassar TrustN. Baneficiary may from time to time suEutitute�sc�ccessor o�successors to any Tru.^steo
<br />`��,�`�. r,�ci herein ar acting f�reander te execute this Trust Oeed. Upen suc(s.s�olntment and withe�t c�nveyance to
<br /> '1;..� th.e succescor Tr�stea, ti-.e Gsttar shell be vested with all title, powe�s ert�dc:ties conferred upon sny Trostee hereir� -
<br /> ""� named or actin�p P►ereunder. Each such o��ointment or substitution shall�e made by written instrument by Benefi�,
<br /> ' containing reference to this Deed of Tr�:s:and its place of racord,which when racorded in the office of the RegC�*_er -
<br /> of Oeeds of the county or counties in which said prc,gern/is situated,shaU�e conclusive proof of prope�e�p�tmenY
<br /> , of the successor Trustee. The fo�epoin�power of �vbstitution and the prac7adure therefore shal!i�c�t fiis'exctusive of
<br /> 9l94 4p&3
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