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<br /> �T:"�'~'�'�y ��+ � 01 th�m.th�ll be snUtlW to�nlacs Ih�s Trust DNd�nd any Wher tecw�ty now a haaaftsr hNd bY BNi�hc►ary or Trystpe in sua h o�dar�n d m a n� 1�`-=�'�
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<br /> ' ,�����•� ��� a�ih�y a Mlha ot thom may m tMv Absoluly di�crelbn d�t�rmin�.No ramedy hereln cad�rr�d upon a n�wd W T.uaea or&meNc�ary le IntondW
<br /> �r •' `'` ' lo M�rCluflw of any olner r�me0y hsran or Dy law pav�drd or permlllid,but�ach sha11 b�cumulativs and shpll be m additlan tu avery other nmady �`..�i�=':
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<br /> .;� •: ..�.. . '�;�, Qiwn hwwnd�r a now a hw�altw s■�cdrp at law or M�qwy a by q�tuto.Ewry Paw►a ranwdy provW�O unda thla Tru�t Oowd ta Tru�tw a Banficl�ry •� .-_�
<br /> � -•�•� � a 10 whkh MthN OI IhYm may bY otherwlse enlil�Ytl,may be aNerclad,concurrentiy a inAapondentiy,from Ume W Uma and wa otlon ae may b�dwm�d
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<br /> �. 'tits,±^,'`,_�~.�,.�� s�p�dMnt by Trwiw or Bomhaary and wtlwr af lham may pursue Incanflqerr.remadie�.Nothinq herwn shall l�oonstru�M ac prohlbfUnp Bonoticlary �r'__._
<br /> � hom tMkinp a d�pel�n�:Y ludpmonl�qalntt Ih�Trusla W tlr oxUnt wch acdan i s pMm i q�d by l aw. �Y.--a'�°
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<br /> :. ." ' . 11.TRANSFER OF TN8 PRQPERTY:ASSUMPTION.If all a any pul of the Properry w inlereat Ihirein is auld,trenaterred or otherwlse coeveyed •.Y--
<br /> . � � � by Tnuta wdhaut Benet�clary'e prio►vrnllen consent.srcludlnp(a)Ihe crealbn of a Ilen or sncumbrana wtrrndinata ta 1f�a Trust Deed,(b)o traniter ?°'��.
<br /> _ by op�r�tion of law upon ths dealh ot a Trustor who�s a�ant tenanl a(c)the grant of any leacehold Int9recl of three(3)years ar tese whioh don not '�,w_
<br /> contaln an opt�an W purchasr,wcA actwn�s a breach o�thia agreemeM.and Benat�clary may,al Bane�w�ary'�cp�lon.declar�all lhe suma secured by �__
<br /> -__ •� �' "�.,;_�� this Truat Oeed to be immediatey d�w and paYable,provided,fuhher,thls Truat Deed may,at Beneik�N a aP��p��6e declared immeEiptoly due and °°_..__
<br /> ,- :,d,a., ., . payWMe,il(1)Tmstor is a partnenhip pnd any mteresl�n ihe parinerchip I�sWd or assigned by any maana whattxwver.ar(a)fl the Trustar Ia a corporatbn ��•��;:
<br />. . ' ' an0 a Uancfer ot th�maprlry atak ownsr�hip mteresl in the corpwetwn occurs,a the Trustor corporatlan.margas�n ony Imm wilh another corporatbn "'��
<br /> .r;�+ ""•i''�''• `rt`� � a entlty.8eneficlary shYll have wAived such option lo acc6terete il.pr'qr to the sale,transfer ar conveyAnpe,Bonellciary pnd ihe persOn to Whom ihe '-=�,
<br /> �=�;� ' {;- _ 9 9 ta BeneNCia end that t1w interost payabN
<br /> Property is to be so10 a Iranalerred reaCh a �eement m wntm ihal lhe credit ot such persan Ic WdisfaoWry �1I ,',::(��f'
<br /> -�"'�� on tlw sum4 cocured by this Trucl Oaod shall be at wch�ale us Beneiiciary sha0 requYSt =- _
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<br /> °—`�' �'%r.. 12.ACCELERATION UPON OERAULT;REME�IEB;SALB.The fa�ureby the Trusta,to make any paymant or to pedam any of 1he tarna and cand+tions ,; ,,•
<br /> �•�..`���.�� • � 01 lhis Truq Deed,or ths tarms and cond�tions of the Note,or any renewals,modificallona or extenqona thereol,or the taflure to make payment oi any L�� �..
<br /> ',� f "4 '�"v � dhar Indebtednecs.pna a tubsequent to th�s Trust Deed,and secured by ihis properry,o►ihe dea1h.01 one a mMe Trustor9 ehall be A Weach iu+d - __
<br />.'u�..;• �� defauU of this Trust Oeed and the 8enel�c�ary may dec�are a default and may decla�e aH sums securaQ hareby Immedlaioly due and paYable and the `f
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<br /> �� ',"'S � same shall lhereupon become due and payable wilhout presentmen4 demand,prplest a notice o1 anN klnd,provided,Tru9ta ehall have eny etaltAay �,�•-?�
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<br /> nyht to cure the defaull belae any�ouce ol delault and demand fa sale mey be dalive►ed to the Trustaa.Thareafter,8eneaciary may deNver to Tru�t�e ��'=-;_
<br />• ;,� � p wrltlen deelarallon ol dafault and demanQ fa sale.Truator agrees and hereby grants that Ihe Tructee ahall have Ihe power of sale of Ihe Property anA R^�Y,
<br /> •.. . if BeneTicfary dacides the Properry�s to be eold rt ehall depost wdh Tr uslee Ihis Trusl Deed and the Knte or nptas end pny other documente eWdeneing ��','._ ,�
<br /> � , . , expenditurea eecured hereby.and shall delwer to Trustee a wniten not�ce of delault and elecUOn to caust�thfl prqperty to 00 Sotd,and Truatoe,In lum, �;t'�`.�,�
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<br /> �hYll prspare a�mdar no tice m I he lorm reqwr e d by l e w.w h�c h 6 h a l l h e d u l y h l e d l a r e c o r d b y T r u s t a e. 'v d��.��„-:
<br /> `` (a) Aher tha lapse of auch Uma as may be required by law Idlowing the recordallon ol Notlte ol Delaull,and Not�ce of Delaull and Not�e of �Y'.
<br /> "x,,. $ala having bien glven as raquuecl by law.Trustee,wlthout demand on Trustor,shall soll.tha Propeity.11 not redeemed,In one or mare •.. ;,
<br />-- �,�."���., percels a�d In sucn ordor aa Trustee may tlelermioe on the date and Ihe tlme and pleco desi9nflted In coid Notice of Sale,at pubBa auctlOn r�" "�
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<br /> aeeordinp to law. �' '
<br /> ,-•�;r, -= "=� - - (bj V1hen Trustoa:.a�;s pvrav�n!to the pmver�herein.T►ustee sh?��Anldy�ha;noceeds of��lie sale ro OaymeM of Ihe co&Is and expaneee o� �,r�Y �
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<br />;,.:',•;:.,. exerclslnp the power of aols and ot Ihe sale.�ncluding,wilhoul limllation,atlaney'a feea and Iha payment al Truetea's feee ineurred,which ,• .
<br /> � • Trustea'�Fees sha�l not�n Ihe aggregate eKCeed Ihe to�lowfng amouhta based upon the amount secured herehy end remalning unp8�d al
<br /> ' � '�� fhe tfine achldul@d fa eale 5 percentum on the bal8nce thereol:and then to tho Itema 1n subparegreph(c)in Ihe order the�e atated. '•���'K
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<br /> h``�rt^" (c) ARer paymg the dems specd�ed in subparagraph(b�,d the sale Is by Trustee,or 11 Ihe palB 18 purBUFlnI Io�udlC�el fo�eC1081He,the praceeds ,.�
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<br /> 01 sele ahall be apphed�n Ihe followmg order:
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<br /> � � �� (1)Cost of any evulance ol htle proeured m conneelion wrth such sat6 and ol any rawanue trenelgr fee raqWrad to be piud: �..,.;.�_
<br /> . • � (2)All obNgauons secured by th�s Truet Deed: �, -�•-
<br /> , � (3)Juma trust deeds.mortgagea.or olher henholders: , �
<br /> � � (4)The remainder.if a�y.to the person legally entitled Ihereto. .
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<br /> 13.APPOINT�IENT OF SUCCESSOR TRUSTEE.Benehaary may.lrom bme to Ume.by a wnpen m5trument executed and�ck�owledged by Beneeaery. ' ____
<br /> �_ �� ' mefled to Trus�or and retorded m Ihe county or tountiea m wluch the Property is lacated entl by olherwise eomplying wdh the provlslons of Iho pppNCpble �,Y
<br /> :s � ��''�=�� � IYWS o1 the State of Nebraska substdute a successor or euccessors to the Trustee named hprem or aoting hereunder. �.•-= "-
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<br /> � � • 14.INSPECTION3.Bene�iaary,or�IS agents,represental�ves ar ernqoyees,are authonzed to anler al any reasaneble tune upon ar in eny part of Ihe
<br /> . Propuly fa the purpose of mspecung�he same and for Ihe purpose ol pedarruaq any of the acts d�a aulhpnzed to perform u�do�ihe terms of Ihe Trust D�ed. °__
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<br /> t5.OPTION TO FORECLOSURE.Upon the occurrence o�any breach and upon the declaratlon ol delBUlt hereunder,Benefiewryr ehall havY tha opllon �.�-;�
<br /> to foreclose this Trust Deed m Ihe ma�ner provided by law lor the foreClosure ot moAgages on real prqperty.
<br /> �'�'•���' t8.FOREBEARANCE RY BENEFICIARY Oq TRUSTEE NOT A WAIVER.Any lorebearance by Beneticiary or Truetee in oxere�slny Any rlght or remedy �,�•` �
<br /> . �� hereunder,w olherw�se aHarded by apphcable law.ahall not be a warver of or preclude Ihe eaerc�se ol any such nght or remedy.L�kewise.Ihe walver �
<br /> . S,; � dy BeMNclwy or Truetee o1 eny defaull ot Trusla under th�s Trust Oeed ahell nol be deemed to be a wa�ver ol any olher ar eimllqr defeull6 aubsequently —_ _
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<br /> : '.;,;; 17.BENEFICIARY'S POWERS.Wrthout aHecbng ar releasing tne hebddy of the Truslor or any otne�persan IfaWe for tne payment of any obligatbn
<br /> ' � hereln mentfuned,and wdhoul aNecl�ng the hen or charge of this Trus1 Deed upon any portl0n M Ihe Prqperty Benehc�ary may.from tlme to tlme end ��``•"
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<br /> ." ':r,',�, wlthout�otice at the►equesl of one m more Trustors 1�)�elease any person hable.1�0 extend oi renew tne mpturlry or alter any of the terme o18ny suCh
<br /> • oEllgatbns,(nq grant olher indulqences.I�v)reiease or reconvey or cause to be released or recom�n►•ed ai eny t�me at Benelic�ary's optwn any pa�cel
<br /> � p 811 of the Property,(vl take or release dny olher o�add�l�nnal secur�ty�or any Obugalion hero�n ment�onqd.(v�)make settlements Or Other arrengement8
<br /> w�lh Trustor m re�atwn mereto Ail T�usto�s shall he�omtly and se�e�atiYObhgaled and bound by Ihe acUnne ol the BenehC�Bry Or eny one a mae TruStOt
<br /> 83 sleted�n Ihis paragr�ph
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<br /> '; .,� 18.ATTORNEY FEES.CO5T3 AND E1fPENSES.ihe Benel�c�ary ot th�s Trus1 Deed�s enutted tn tlie payment at adorney's feea,coate and exp�nses
<br /> � :'.+,�:.,' � as rrovided in this Trust Deed excapt as othe�vnse pronibdld by law _
<br /> ���� 19.RECONVEYANCE BY TRUSTEE.UE'on�vntlen request o�Benehciary and upon pTyment by�T�ustar ot Truslne�s lees.T�ustee shall reconvey lo
<br /> ''�' Trustor,or lhe person or pe�snns iegany enl�tled therero wdh0ut wa�raniy.any port�on o�Ihe Praperty Ihen hpld herqunder R9C�t0�5�n SUCh�@CORV6y811C6 .
<br /> , ' . o�eny matlers or lacts shatl bo cuncWS�ve proo�o�tha truthtuiness the�eo} The gra�tee�n any recam�eyahr.e may Ce descnbed as tre peraon a persons t
<br /> '_,',�. � lagally enUlled thereta..
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<br /> ;�,� 20.NOTICES.Except for nM�cos,demands iey�esb or oln0r comrnu��caUOns�equ�rgd under appbcnbltf law lu be grven m anolhe�menner,whe�ever ,'
<br /> �� 11�'�� Banehe�ary.Trustor or irustee y�ves u�serves any n�t�ce I�ncludmy. �vdhout I�m�tauon.notice o�de�aull and nullce al selel.demantls,repuests or other ;
<br /> ._ . . • � �• ___�.._.__..,.........,,.....,,,.��„��..� r...o�n..o.� wnc�urh nnh�s� dwrn.md renuesl or other communicauo��sha11 be m waUng and snall be eftecdve only L
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<br /> d lhe same�s delwRred by po�so�a�sP�v�ce ur�•.ma�iad by cert�fied ma�l.postage p�epa�d.Addressecf tn the addrnes as sei�drth a:the begimm�g of this r
<br /> � ;� ' TrUBt O@6d Any party m�y:d dny t�me chanye�dc aAdreSS b�suCh noUCes by de�rvenng oi madmg ta Ihe other purty hu�ato.as alo�esa�d.a nabCe ot
<br /> , . such change.Any nouce hereunder sh.il�be deemud to ha�e been grven ta Rusro�o�Brnehciary. when grven m tha munner designaterU herem
<br /> 21.REGUEST FOfi NOTICE.Trust�x and Clenef�aary hereby reqursl a copy o�.�ny not�ce of default.and a cop��al uny�otice o�sale thereu�der,be •
<br /> mBdBd to eaCh persun who�s d pdrlY I�e�e+���at the address�or auch Uurson svt forth m the I�rst paragrnph o�th�s Trust Deetl �
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<br /> 22 GOVERNING LAW.in�s Truti�peed s��,tll be guverned by�he 6�ws of the 5late o�Nebraska
<br /> 23 SUCCESSORS AND ASSI(�NS tn�ti Truti�Dnrn_.tnd du Icrm•: �undrt�on3 and obl�qa6ons here�n.upPly ru,ind�-urP ID IhB bBrPhl O�a�A hmd5 .
<br /> all p8rdes hereln_the�r h�u•, ieyat���s dev��n��� prr•.on.V mprp5�'nTJbv���,_ti11CfC5SNS dnA.155t(]n$ Tht)���m BNn�LC�lry- Sh�ll mpdn thN pwn�r JnJ
<br /> holder of Ihe Nole. whether or n�tt n,�m�d 3s Henahuary herein
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