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<br /> ' Q�cfstinp af la���or in equity or by stoluto. Evary power or romody provided herounder th�s Dend of Yrust to Doroflclary oP to which it may bo
<br /> otherwise entitled, moy bn exercfsEd,conwrrently ar indopendently,irom tirno to time and as�ftah as rnay bo de�rncd oxpedient Ucno4iciury
<br /> a�d if may pursus inconsistant ramodias.Notfiing herein sholl be construed ns prahibiting Benoficiary itom seekinc�a do}iciEncy judpment against
<br /> the Trostor to tho a�ten4 such action ie permitted by law. ...
<br /> 10. Tnaata oi Proptr9yt A�ium9tbn,If all or ony part of the property or any interest therein ls sold,transforred or convayed by Trustor
<br /> wtfhout 8eneticlaty's prior written cansent,excludinfl(a)the creation af a lien or encum6►ance subordinate to thls Deed of Trust,(b)the crea• � ,
<br /> �� tion of a�urchase money security interest far household appliances, (c)a transler by devise,descent or by operation of law upon tho death of o
<br /> „ � joint tenant or (d) the grant of any leoseho(d intorest of three years or less nM containing an option to purchase, Benetitiary may, at
<br /> Beneficiary's option,declare all the sums secured by this Deed Ot Trust to be immedia161y due und pnYuble,or causo the Trustee to�ile o notice
<br /> � 04 dafoult.Btneficinry shall havs waived such option 40 occelerote if,prior to the sale.tronsfer or conveyance,Beneficlury and the person to
<br /> ���N�. whom the property is to be sold or transierred reach agreement in writing that the eredit of such person is sotisiactory to Benefftiary and that
<br /> `�° ^'°"`�' the interest payoble on the sums secured by this Deed of Trust sholl bn ot such rate as Beneficiory shull request.
<br /> � 11.J1a�ratiM 11�B�fiwf�t R�iie�t�• �'►default by Trustor in 4ha paymant of or performarxe of th�terms and conditions of � �
<br /> the Note,or any renewals,modifications�extcnsicns thereof,or the pay�nent of any othor indebtedness setured henby or in ihe performnnce •}:r;
<br /> of any of the convenants oe�eements htieunda►,Benaficfory may declare all sums setured hereby imm�diatoly due and payoble and tha same �
<br />- � � . shall thereupon becom�dua and payable without presentment,demond,protest or notice of any kind.Thereofter, eeneficiary may deliver to � -..
<br /> ; ��' • `,• T�UStio o vrr11t�0 daCl0fo4jOp qf dOfault and domond for salo.Trustee Sholl haye the powRr of Sate of fhe Proporty and if Bonofieiary decidos tho �_
<br /> ,`•;"-��,-'� ' Property is to he sold it sholl deposit wi4h Yrostee this[)eed of Trust ond the Note or notes�nd any other daurnents evidoncinp expenditures
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<br /> ` �:,>>-,:,�t,: ,, secured hcre�y,and shall delivor to Trustee a wrltten r,otice of default���d elattion to cause the Properly to be sold,an�Trustee,fn turn,shall `
<br /> a�" prepare a similor notico in 9he fam required by law whi:h sholl he duly filed for record by Trustee. _
<br /> . {a)After the lopse�f such time as may be required by low following the recnrdation of Notice of Defauk,and Notica of Defoult and Notice of
<br /> � Sale havinp been given os required by luw,Trostee,wi4hout demand on Trostor,shall sell the Property in one or moee prxcels end in such order =---
<br /> �;:;;,;,;:. os Trustor may determine on ihe date m+d ot the time and plae designated in said Notice of Sule,aY publie auction to the highest bidder,fhe pur- ��°
<br /> '�;7�•;' • chase price�ayoh;e in cash in lowful mQ�y of the United 5totes nt tho timo of sale.The person conducting fhe sola may,�or any cause he or she ��,
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<br />;r,-�,�;._�*;� deems ex�iient,postpone fhe sale from time to time until it shall be completed and,in every suth case,natice of postponement shall be given _.
<br /> ,, by public declarotion thereof by such person ot the time and place last appointed fQr the sole;provided,if the sale is postponed for!onger than
<br />.'' ' ane(1)doy lwyond the day designated in the Notice oi Sale, notice thereof shall be given io the same manner os t h e oriqim l N ot ice o f S o le. -
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<br /> ��-�,: T�ustee shefl execute and deliver to the purchaser its Deed conveying the Property so sold,but without ony convenont or warranty,express,or
<br /> � �`�` implied.The recitals in the Oeed of any motters or facts shall be conclusive proof of the truthtulnass thereof.Any person, including withou+ --°
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<br /> " limitation Trustee,may purchase at the sote.
<br /> '�;���^��' . (b).When Trustae sells pursuant to tM powers herein,trustee siiaii appiy ine praeeds oi ine aaia ia jx;y�i�e��i i,��m c�s a u ti a��r,;as af
<br /> �Y�rc.'`�'`'`"w exercisi the rver of sale nnd of the sale,(ncludin ,withcut limitation,the payment of Trustee's Fe�►s incurred,which Trustee's Fees shnll not _
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<br />-�4:� in the apgrepote exceed the follawing amounts based upon the omount secured hereby and remaining unpaid� 5 percerttum on the balonce
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<br />-� s;�,,�, thereofi�nd then to the items set forth in subparagroph(c)hereof in the order therein stated.
<br />. ��'��` (t)Aiter paying the items specified in subporagraph(b),if the sale is by Trustee,or the proper court and other costs of foreclosure and sale
<br />_�;;,"""—'�� if the sale is pursuont to judicial foretlosure,the praeeds of salo shall be applied in the order stated below to the paymeM of�
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<br /> -�`� (1) Cost of any evidence of title procured in corxKCtiort with suchsote andofany.avem,e•equin+d te be palA,
<br /> `'1�"�� (2) Attomeys feesr
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<br /> _-^•-=-�� (3) All sums then secured hereby;
<br /> -_--� (4) Junior trust deeds,mortgages,or other lient�nlders;and
<br /> (5) The remainder,if ony,to the person or persons tegally entittad thoreto.
<br /> �� (d) Ig tM Beneficiary of this Deed of Trust is n 6nnk as defined by Nebrasko low,ony statement contain��d in any other section of this deed
<br /> -- -� notwithstaMiirrp,the Beneficiary shall no4�ie nnti4fed to receive or take and de6tor shall not be cbligated to pay or give;any confession of judfl-
<br /> ment,puwer of attorney to confess judgment,power of e�ttaney to appeur for a borrower in a judicial proceeding or apreemsnt to pay the costs
<br /> —= of collection of the attorneys'fees,unless such acts o5 collection woutd not otherwise be prohibited by t�kbrosko law.Provided,however,that
<br /> this settion does not appl�b the Trustee fee refoned to in pnragraph b(b).Provided further,that this porograph sholl rtot opply to this Deed of
<br /> —_ Trust,if the BerNficiory is not u benlc.
<br /> _ 1�, Ai�ti�l S�c+wit�Mhtrw�ts.Trustor,at its expense,will oxecute ond deliver to the 6eneficiory,promptly upon demanc'r,�uch securi-
<br /> -- ty instruments as may ba required by Beneficiary,in form and substonce satisfactory to Beneficiary,covering any of the Property conveyed by
<br /> -.n:�,,,;;�„ti this Deed of 7rust,wfiich seturity instrumonts shal!be edditional security for Trustor's faithful�rfamnnce of all of the terms,covenants and
<br /> ___ _,-$ conditions of this Deed of Trust,the promissory notes secured hortby,ond any ott�r security instrunients executed in connection with this tran- ,_
<br /> �_:_.-��.: " satien.Such instruments shall be ret,orded or�led at Trustar's expan�e. _
<br /> !�"'L-'-°"��' 13, llpgai�t�t�I S�ni�ir Trb�tw. Beneficiary may, from timo to time, by a written instrument executed and otkn�wledged by
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<br />-''�'=�'"'"""` Beneficlary,mailed to Trosta•ond recorded in the county or countios in which the Property is laated and by otherwise complying wi4h the provi-
<br /> :�=�.�=�+^ sions of the applicable lav�s of the Stato of Nebraskti,substituto a successor or successors to the Trustee named harein�r acting hereunder.
<br /> .��.�����'•-�` ' 14. hnptti�t.&ne�ciary,or its agenis,represontatives or workmen,are authorited to enter ot ony reasor.�ble lime upon or in uny part
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<br /> of the Property for tha purpose of inspocting tho samo and for tho purposo of porform�ng ony of fho aelc if�s authro�aod to po�►o�m..�do.�H� --
<br /> �;'.;,,�.�:��;;:� ; terms of the Deed of Trust. �_
<br />_ �°,?° � ' ' ' 1 S. 0�4ien t�hrtcM�.Upon the otcurrence of any default hereunder,Benefitiary shall have the option to foretluse this Ooed of Trust in
<br /> - ��� the manner provided by law for the foreclosure of monr,agas on real property. _
<br /> �::'�:-�.' ` 16, fw�YerMq 1y E�fk{wr liot��ivtr.Qny forebearunte by Benaficiary in exertising ony right or remedy herounder,or otherwise __
<br /> � � ��.,y�,: allorded by opplitable law,sfiull not be o waiver of or preclude the exercise of any suth right or remedy.likewise,the waiver by Beneficiary of -
<br /> �z"-�"�"- _�_e�_.'''�_u_ .t_� '�..�,......,.:.,e...i,.o�..tlw�v eimilnr elnfn�ilte euheoeumntiv nr�urrim. —=..
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<br /> . ,,�,,. : 1T. Tnstor Nat Re{�ad.Extension of the time for payment or modification or amorti:ation of the sums secured by this Deesd of Trost ��`
<br /> �"�, ".'' gronted 6y Baneficiary to any sutcessor in interest of Trustor siwl!r�ot operote to release,in any manner,tho liobility of the original Trustor and �;'°
<br /> -" ' Trustor's suctessor in interest. Beneficiary shull not be required to commence proceedinps against u�ch successar or rafuse to extend time for
<br /> , � �� �►oyrt�nt or o4herwise modify amartiaation of the sums secured by this Deed of Trust by reason of any demand made by the original Trustor ond
<br /> Trostor's sutcessor in intErest.
<br /> • 18. B�fict+ry'o hvnre.Without affecting the liubility of the Trustor or any other person linble for the paymQnt of ony obligutian hPrein
<br /> �• mentioned,and withuut affecting the lien or chorge of this D�d of Trost upon any portion af the Property not then or there4ofore released os -
<br /> `� security for the full amount of all unpoid obligations,Benoficiory may,from time to time and without notice. (i)release any person so liable, (��1 „
<br /> extend the maturity or alter uny of the terms of any suth obligations, (iiil grant other indulgences, (iv)release or reconvey,or coase to be
<br /> - � ' � releosed or retonveyed ot any time at 8enefitiarp's options ony parcel,portion or all of the Propevty.(v)take or release any other or odditional
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<br /> • seturity for any obligotion herein mentioned,ar(vi)muke compas�tions or other arror�ements with debtors in relntion thereto.
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