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<br /> �°'�'� provided in e�y of the I,oen inetrumento, BenePiciary and/or Truetea, saah in —
<br /> z.,
<br /> ite own diecretion, without obligation, maY muko or � the sama in suah manner �;;��=Y--�_
<br /> •������ ��� and to auch extent as eithar ma deam necessery to �rotect the security =;,;�-�_
<br /> '` herQOf. Truetor shall, iimiedia�ely upon demand thesafor by eeneficiary, pay
<br /> �' ^e i...:.i:Yr� .. � y Vw��r—,�.__
<br /> all reaeonable costa end expenses incurred b� B�nefioinc�udlncgpnwi hcut W�'th �y�-�,�,?._,,��_--_-
<br /> ^ ' '� the exerai0o by Bonef iciary of the focegoing riqhts, raisals, survaya and ���•�'��'
<br /> -d ' limitation, coste of evidence of title, court costs, app
<br /> �'�1�, , attorney's feea. Arty such costs and expenses not pald within ten (1Q) day s of , N,��=``'"�
<br /> �:���'?'�, � � ��.,'� ^ _
<br /> written demend ehall draw intoreet at thQ d�fault rate provided in the Note. ,�.._,`�_
<br /> . ,.;���..�w�-.-�-_
<br /> 5. EMiNENT DOMAIN. Stiould the Trust i£stato, or any part thnreof or �. :��•--�
<br />'�"" � � interest t ere n, e en or damaqed by reason of any Pub1.�c imProvemant or .�..��,;,��i�,;���.,�
<br /> " ' condemnatioa roceedin or in oYYshould Trustorirec°iveganyenoticeior other �-�=-���"�-
<br /> � ,. Condemnation �("Condemna�ion"), � -----'
<br /> information regarding euch proceeding Truetor shall give prom o alltten �,����
<br /> -� notice thereof to Beneficiary. BeneF�ciary shall be entitled � •�- ::,� .�
<br /> compensation and condemnation awards end other payments or relief thareYor ,,,. .;i:�
<br /> �,,.,,,,,•.,.,.
<br /> solely to the extent of the un aid principal balance owinge oftactione�aASl • �s�.�,�f�,.r�
<br /> auch compensation aod condemna�ion, awards damages, right h �� ��--
<br /> � " proaeede awarded to Trustor (the "Proceeds�) are hereby assigned to • ---� ' -
<br /> .�sr;r•��--�--
<br /> aeneficiary; end Trustor agrees to execute snch further assigr�ments of the � —
<br /> �-.-�,_=.��
<br /> :-„ �; . - Proceeds as 8eneficiary or Truetee maY require. � . __—,.__ _--
<br /> , � from time to "''�`"--"4
<br /> 6. APPOINTMENT OF' SUCCES30R TRUSTEE. Beneficlary ma , °-�- • --
<br /> - eneficir�r , mailed " � ��
<br /> � time, b a wr en ns rumen execu e an acknowledged b Y =_—_
<br /> ' to Trus�or and recorded in the County in whiah th4 Trust �state is located and -�T;,;._
<br /> by otherwise comp 1ying with the provisi o n s of tho aPpliaeble law oP the 3tate —
<br /> " of Nebraska aubstiEute a successor or auccessors to the Trustee nemed herein ,�,...�.
<br /> �� or acting hereunder. ''���—
<br /> �.�`F��.-�g'�.
<br /> " 7. 3UCCE330R3 AND AS3IGNS. Thie Deed of Trust applies to, i�ures to k,-�
<br /> • �� the benefi o an n s a par ies hereto, their heire, le�atees devisees, , y__=
<br /> personal representatives, successors and assigns. The term Benef�ciary" ,�:�,... �---
<br /> ehall mean the owner and holder of the Note, whether or not named aa :�,'�,r�,�����-
<br /> ,;:�;, •• ' Benef l�iary herein. �l "- -
<br /> ,;;•,.r„ �. ..;.�",:
<br /> "' 8. INSPECTION3. Beneficiar�, or its agents, representatives ax art of ''��•� `
<br /> �� workmen, are au or zed to enter a any reasonable time upon or in any p , ,., `.
<br /> — the Truyt Est�te for thp purpose of ins�ecting the sazne and for the purpose of . ,;�
<br /> ' � performing any of the acts it is authorized to perform under tha tozm� oP any ���; �„�..,,�
<br /> of the Loan Instruments. �'�� ���.�_�i
<br /> � 9. EVENT3 OF DEFAULT. AnY of the following evente ehall be de�med en �.. ,., �_.`_
<br /> •rf.
<br /> ; event of de au ereun er: :.:�• �:�:�`
<br /> � (a) Trustor ehall have failed to make payment of any lnstallment of • ,.�, __
<br /> :i .,4!,��:
<br /> interest, principal, or principal and interest or any other sum secured hereby �
<br /> • � when due for a period of seven (T) days after notice as provided in the Note; � : �, }�
<br /> or,
<br /> (b) There has occurred a breach or default under any term, covenant, A
<br /> ag reement, conditfon, provision, representation or warranty contained in any , , _
<br /> ,4_-.
<br /> • � of the Loan Instruments for a period of seven (�1) days. ��;....;.
<br /> � 10. ACCELERATION UPON DEFAULT ADDITION(U, REMEDIES. Should an event of � '�'^i��'.�
<br /> • ��.,�,.� default occur ene a ary mey ea a e in e e ness secured hereby,to be ; , �_�__`
<br /> due and payab�e, and the same ahall thereupon become due and payable without � •: : . �M,N y_
<br /> ' any presen£ment, demand, protest, or not.ice of any kind. Thereafter the [ .
<br /> . . Beneficiary may: :•• .
<br /> (a) Either in person or by agent, with or without bringing any action '`�..ti � �
<br /> � or proceeding, or by a receiver appointed by a Court and without regaxd to the ( ,
<br /> adequacy of 3ts security enter upan and take posseas ion of the Trust Betate, , „
<br /> '"�,� . or any part thereof, in �ts own name or in the neme of Trustee, and do any � _
<br /> '�f,�, ' acts which it deems necessary or desirable to reaerve the value -
<br /> marketebility or rentebility of the Trust Esta�e or pert thereo� or interest r;' ��,T
<br /> ' therein, increase the income therefrom or protec� the security hereof, and
<br /> with or without taking possession of the Trust Estate sue for or otherwise : • �:
<br /> collect the rents, isaues and profits thereuf, includ�ng those past due and i
<br /> �+ unpaid and apply the eame, leas coets and expenses of operation and
<br /> collec�ion, including attorney's fees, u�on any indebtedness secured hereby,
<br /> � all in such order as Beneficiary may determine. The entering upon and taking �
<br /> •� posaession of the Trust Estate, the collection of such rents, issuoe and ,
<br /> ' profits and the application thereof ae aforesaid, shall not cure or weive any �
<br /> ' • defeult or notice of default hereunder or invalidate any act done in response ;
<br /> to such deEault or pursuant to such noticc of default and, notwithstunding the
<br /> �., continuance in possession of the Trust Estate or the collection, raceipt and
<br /> application af rents, issues or profits, Trustee or Beneficiary shell be
<br /> entitled to exercise every right provided for in any of the Loan Inatrwnents ,
<br /> � or by law upon occurrence of any event of default, lncluding the right to �i,,_ .
<br /> exercise the power of sale;
<br /> ';�:,,, (b) Commence an action to foreclose this D�ed of Trust as a mortgego, .
<br /> '�' appoint a receiver., or specifically enforce any of the covenants harQOf;
<br /> � � _ m......�.,� s Wr;►ron declaration of default and demand for
<br /> - (c j uaiiva�i i.v
<br /> ' eale, and a written noticeyof default and election to cause 'rrusior's iniera��
<br /> in the Trust Estate to be sold, which notice Trustee shall cause to be duly
<br /> ' filed for record in the appropriate Official Ete�cords of the County in which
<br /> the Trust Estate is located.
<br /> 11. FORECLOSURE k3Y POWER OF SI�L.E. 5hould 6�n��Eiciury elect to
<br /> 1 notify Trusteexand sttall depositewith Trusteerthls�qe�edlofdl'Yust�atdlthe No�tel
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