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<br /> (8) Any failure on tho part of the i rustor 4u����d�tha r�pa'r'm�nt tcsm� In reep�t fo thM Luan �rament �nd rny -
<br /> other edvances under this Deed of Trust hereby cecund;�nd, �
<br /> (C) Any ection by the Trustar psohlbited by the termo of the fs�p d�of Tr ottla�:h of�vl�i h Tru�torrhrr�'by`aq aa+� __
<br /> tha T�ustor to act as requlred by the Lnan Agreamen;o� -
<br /> have an adverse aftect o� the Beneflclary's security fipr tha tino ot aredlt ostRbllahad snd the ripht� oi cil� �
<br /> � Bonaficiar in zuch sdcurity. -
<br /> V
<br /> an�i upon the happoning of eny such ovant of dafault, Beneficisiy may decle�e s���um� a�cur�d h�r�by Immedlatafy `�
<br /> due and payable by delivar t�o Trustee of written declx�ation of det�ult. The 7ru�tee oh�ll h�vo ttw pawor of uala af �,
<br /> the Property,end if Beneficiary desires the Praperty to be iold, it shstl dapo�it with Truate�thl�Dad of Tru�t pnd�11 �.
<br /> promissary»ota�and documenu evidencinp axpe�diturss socurod heraby and oh�ll d�liver to Trurt���writt�n nottas �,
<br /> at dafAU" ar,v ol4ction to cause thw Property tn be cald. ��d th�Truyt�a In turn ahall prep�r� � notiC� i� tha tomi _
<br /> required by iatiti, w�ch si�aii oa uutY fila� for iecord by Truatae. �
<br />- eA} After tlw laas�of svch time a9 mey be requiren bven �paqulred by�low�'�rustas�w�thout dsmand on Truito�
<br /> n o t i c e o f d a f a u t t a n d n a t i e e o f s e l o h a v i n g b e e g
<br /> k shat s��3 tho Property on ttw date end at the tima and place desianatad in sald not ice o f s a l e, �t p u W l c a u c t i o n t o
<br />� the h+gS�est bidder. tha purcfiase price paYeble in lawful monay of ths United Statas at the tlms of sale. Ths
<br /> es
<br /> parsan conducting the sale may,for any causs ha desms expedient, postpon�the s�le from tlm�to tim�unt t
<br /> shall be compieted and,in every such cese, notice of postponems�t sha!!ibe�pi;�e Is postpanod to�tlonper thn
<br /> '� by such person at the time and place last appot�tad tar the sale, provlded.
<br /> - onel�3 day beyond the dey designated In tha notice of ssle, notics thereof shall bs qiven ln t�ix �ams mu�n�r �
<br />�; tha 9rtginal notice of sale. Trustae shall exacute ond delivar to tha purchusr it9 Oeed conv�yin�ths Prop�rty�o
<br />= sold, but withaut andy covenant or warranty,exprasa or impiled. The recitala in the d�ed of�nY m�ttet�or�oU
<br /> - shall be conclusive proof of the truthfulness thareof. Any person,includinp Bensflciary, may purcluii��t the tal�•
<br /> (B) When Truatee sells pursuant to the powers herein, tha Trustea shall apply ths proceeds of ths s�ls to psYm�nt
<br /> � of the costc and expenses of exercising the power ot sata and of th't�[e,includi��g the payment of ths Trutts�'�
<br /> 4_ faes actuatly incurred,which Trustee's fees shsll not in the aggrs�ats excsed the tollowin� �mount DaNd upon
<br />-y the emount secured hareby and remaining unpeid; 5 percenturt9 on the first It.
<br /> OOQ thereof. 1 percentum on th�
<br />:��� bstance thereof snd then to the items in subpsraflraph (C) in the orde�there�tated.
<br /> ,�� of foreclosu e and sate f the sala is pursuan t t e o 9'1 d cia Btoreclosure,the proceed�of�hate shell t�e�pP�������•
<br /> •��
<br /> _° stated to ths PaYme�t ot:
<br /> _� q� Cost of any evids�ce of titie procured i�connection with such s� �nd of any nv�nw st�mps;
<br /> -� It)? All sums the secured hereby:
<br /> -- (111) The remainder,if any,to the person legelly en�titled�t'h�e*ennw of truat�s shall be detsrmin�d wblY bY
<br /> -- 13. DuWs�nd ObII�stiOns of irus"sws. ie3 T.�s.�iut•.::....�.._..�,--._.._
<br /> � the exprass provisions of this Dee�of Truat, and Trustee shatl not be lisble�xcept far ths�srfo►mance of auch dutiu
<br /> �nd oW;gationa as are specificatty set fortF� herein, and no impiisd cavansnts or obli�ations shsll b� (mpoted upon
<br /> � Trustee; (b1 No provisions of this Deed ot Trust shall raqulre 4rustes to sxpand ar risk its own tundi, or oth�rwl�
<br /> — incur any financid oblisstion in the performance of any qf its d,ytl�s hereundu,o� in th��x�r�is�of�nY e��t10�
<br /> - or powet.if it shdl hew 9rounds for believinp that ths rspayment of such fun�ls or�deqwt�Ind�mnitY �p
<br /> ^ risk or IIability is not reasonably sssured to it; Ic) Trustee rtuY consuit with coun�el of lu own chaosinp and th��dvlo�
<br /> of such�aunsel shaU be futl and ca�mplete�uthorization end protection in the�espect of�ny�ction takM or suHu�d
<br /> - by it heraunder in good faith anci re1'�ance the�eon;(d) Truste� shall not bs liabl�for any action tak�n by It ln pood O�ith
<br /> _� snd ressonab�Y baUe�red by ii to be auttwrized or within the disarotion or rishu and powas contsrred upon it by thls
<br /> -= peed of Trust.
<br /> - 14_ p����c�ity �nstrum�nts. �rusto�,at its expencs, will execute and detiver to ths T�ust�s,prcmp y
<br /> - upon demsnd,such securitY insu�aments es c�nay be required by Trustee,in fwm end subsunes satislaetory to TrustM,
<br /> coverinp tu�Y of the Property conveyed by this Deed of T�uat,which security inauuments thdi be�ddition�i s�cur(tU
<br /> - for Trustor's faithfut performanGe of all of the terms, covenants and conditlons of this OMd of Trust, the Loan
<br /> � Agre�ment,sny p►ocnissorY notes s�ured hereby and any othet security inst►umants exacuted i�canMCtion with this
<br /> i� transaction. Such instruments st�all be recorded or filed, and re-recorded and refiled, at Trusto�'s sxpsns�.
<br /> 1 G. Iii�ccMtarwous•
<br />--i;� (/� In.Esa event anY one or more of t1x pravisionz con�ins3d in the Deed of Trust, w ths �oan AptMm�nt w anY
<br /> R,� promissory note„or any other security instrumant piven in connsction with thia transactlort,shtll tor�ny rss�on
<br /> --= to ba hrld to f��nvdid, illaflal or unenfotceabla in any rospa�t,cuch invsUdity,i�i�Q�t�f T��ti�hs��
<br /> _�� at tha option of Beneficiary. �ot affect any other proviaion of this Deed ot Truat,
<br />-_-a� cos��uad as if such fnvatid,ilteg�l or uner�forceable provision had never bean contdned hsrein or therein.
<br /> =T-� (g) '�h:x�eed a�Tn�rt sha!!6e c�nstrued acc4rding to the laws of the State of Nebroska.
<br /> ---� (C) ths Deed of Tiusc shsti insure to and bind t7�e heits,tsgat:.as,�avi�ssg,edminictratoro,oxacutors.sucCessflrs end
<br />'':, assigns of th��arties hereto.
<br />`:� (0) Tricstor thaU pay aA taxes tevied uPon this Deed of Trust mr the debt secured hereby.tagether with�ny otl�►M taxW
<br /> ar assessmenta which may ime levied egainst the Trustae or Beneficiery or the legal holdar of ths Losn A�j�sement
<br />�� on accouni oi ihe indebte�ness evidance thereby.
<br /> (E) Whenevar usec9 herein,the singular number sha11 include th�plural,
<br /> the plural,the sinpular,the ut�of eny�andW
<br />.g � shall be appticable to a11 genders, and the term "Beneficiary' shall include eny payee of the indebtedness hersby
<br /> secured or any transfer thereof, whether by operation of law or otherwise.
<br /> � � �g. ��a Yrust�. 6�►eficiary may from time to time substitute e successor or successoro to eny Trusts�
<br /> named heretn or acting hereacn�r to execute this Trust Dee�. Upon such eppointmnnt end without convays�cs to
<br /> ��, the succassor Trustae, tha letter shall be vested with a11 title,powers end duties conforred upon any Trwta hsrein
<br /> named or acting��erev�der. Each such app��niment or substitution shalt be made by writtsn instrumant by B�neficlary,
<br /> conteiMn�referance to this Oeed of Trust and its place of record,which when recorded in the offica of the Rsylftei
<br /> of Deeds of the county o�coursiies in whlch said property is situated,chg11 tse conclusive proof of prop�►�����
<br /> • � of tha successor Trustee. �he ioragoiny p�wer of substitudon and che procedure the►efors shslt�iot be s �vs of
<br /> ' 408-3
<br /> 9194
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