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<br /> (B) Any failu��on th� part of tt►� �'rustor to ms�t th� r��yir►ont t�rn�a i�racp�ct t�tha i.oan �ar��ansn�f u�id �nY
<br /> OihL1 adVO11Cl3 Uhda�thi�pNd of Ttust M��by sacursd; a�d,
<br /> (C) Any sctlor.by ths Trwtor prohibit�d by tF►�te�ms of t!u Loan Aproum�rtt ur thls Dsed ot Trust or�ny lailur�ot
<br /> tha Trustor to a�t as r�qulrsd by tha Loan A�rsament ar thi�Dad of Truit,sach of whtch Truator hir�b�►�paaa
<br /> hsve �n advsrss aftect on the BerufiGsry'� s�curlty (or the lina ot ctedit �tabl!shed snd 4he �iphts of the
<br /> B�n�f'�dary in such sscurlty.
<br /> end upon tha happani�o} any 9ueti evanf of dafau{t, Banafic:sry may d�clsre a!!su*ns secured hsreby imm�dl�t�ly
<br /> due arxl payable by dsliva to Trustee of written dsclarAtian of dpfault. The T�ustae shall have the powor of cale of
<br /> ths Propo�ty, aid if 8aneficisry desires ttu Ptops�ty ta b�sald,it shall deposit wlth Trustee this Daed of Trust an�ell
<br /> promissory notes w�►d documanta evidenGnp expenditures secured hereby and shs11 deliver to Truetee s written natice
<br /> of defsult and electian to c�use the Property to be sold, and the Trustee in tu�n ahaU prepa►a a notice in tlw form
<br /> requlred by law, which shWl be duty filed fcr record by Tru9tee.
<br /> IAi After the lapss Of cuch time as may bo rayuired by law following tha recordatlon of said notics uf dofeult. anr!
<br /> notice of dafault+nd notics of sal� luv'utig been piven as �aquired by law. Truatee, without demand on TrusEOr,
<br /> shall sell ths ProRert�on tt�d�i�arKi at the time and place desiynated in said notice of sala,at public auction to
<br /> the highast bidder, tha purchase priCe payabla in lawful money of the United States at the tima of sale. Tha
<br /> person conducting the sale msy,for any cause he desms expedient, postpone tha sala from time to time until it
<br /> shall be completsd and, In every such case, notice of postponament thall be pive�by pubUc declaratlon thereof
<br /> by such parson et the tima and place Isst sppaintec!for the sale,�rovided,if the sale is postponed tor bnger tfian
<br /> ona111 day boyond the d�y designated io the notice oY aele, notice theieaf chall be given in:he same manner ss
<br />� the oNgi�a!notice of aale. Trustea shall execute and deliver to tho purchase�its Deed conveying the Property so
<br />= sold, but without andy covensnt or werranty,express or implied. The recitals In the deed of any mattera o�acts
<br /> shall be conclusive proof of the truthfulness ths�eof. Any parson,includi�g Beneficisry,may purchase at the sale.
<br /> (B1 Whon Y�uatae selis pu�suau�,•c to tiw powers herein,the Trustee shall appty 4�p�oceads of the sale to payment
<br /> of the costs snd expen�ea of exercising�the powe�of sale and of the sale,in�udiny thb paymeRt of the Trustae's
<br /> fees actualiy incurred,whtch Trustee's fees shall nat in the aggregata exceed the fdbwing smaunt basod upon
<br /> the amount s�cwed hereby snd remsinir� unpaid;5 percentum on the flrst 51,000 theze�f. 1 percantum on the
<br /> balance thereof and then to th�items in subparagraph (C) in tha orde�there stoted.
<br /> 1C)After paying the items specified in subpara�raph EB!if the sale is by Truatee, or tha prope�court and othar costs
<br /> of foreclosure end sNe if the cale is pursuant to JudiciaF i�oraclosure,tha proceeds of sale sha:!ba apptiec8 in t1►s order
<br />. statsd W the p�yrnent of:
<br />_. (1) Go�;of any svid�nce of titie Fuocur�d ln coruwction with such r�M a+tid�f sny re�enue siamps;
<br />- (iq All svms the secured hereby;
<br />= (Ilq The rsmainder, i!any, to the pa►son legsly entitled thereto.
<br />• 73. Dud�s and Ob�ons of TrustNS. (a1 The duties and obllflations of trustae shall be determined solely by
<br /> 'tiic'viQ�oaL jri�l�iwviiS L`��':'.����i T��w����n�l T���ww eh�i� �nt 1+w uwhiw wxc:apt for ttw natformance of wCh duties - --
<br />. and obli�ations as are specificaUy sst forth heran, and no impiied covenantc oe obfigaUorts shail tsa impasad upan
<br /> Trustoe; (b? No provisioos of thla Deed of Trust shall requiro Trustee to expand or sisk itc own fu�ds, or otherwise
<br /> incw any financial oblipation in ti�e performance of any of itc dutie�h�eunder,or in the exercisa of any of its rights
<br /> or poww,if it shsll haw pruunds for belleving that the repayment of such fu�d�or adaquate indemnity�ai�st such
<br /> risk or UabiGty��ot rea�onaibly a�su�ed to it;(c) Trustae may consult with cou�sel of iu own choosinp srxf tlw sdvice
<br /> of�uch counsel shai!be fuU and comptete autttorkation and protection in the respect of anY�ction takan or sufierad
<br /> by it hersund�in good faith�nd reliance therson;(d) Trustee sha10 c��be tiable for any ectio�ota7can by it in good faith
<br /> and rsswnabfy beti4ved by it to be authorized or within the dlscre�on or riDhts 8nd powers Conferrsd upon it by this
<br /> Deed of Trust.
<br /> 14, pddFtbnat S�curity Ins�b. Trustor,at its axpe�se, will execute and deliver to the Trustea, promptly
<br /> upon d�msnd,�uch cscuriry instruments�,s may be requ(red by Tr�stse,in form and subatu►p satisfactory to Trustes.
<br /> coveNng ar��o?tt�e Property conveyed by�s Deed of Trust, which security insVuments sl�af+t be sddiUOnal security
<br /> � for Trusta'a iaithful perf�rmanca of all of the terass,covs�ants and canditlona of this Oeed of Trust, the Loan
<br /> Aprssment,�ny pramissory notes secured heteby and any other security inst►urr►enu executed in connsction with this
<br /> uansaction. Such�nsuume�ts ahaU be reca.rded or fil�tl, and re-recorded end refi{ed,at Trustor's expense.
<br /> 15. �AisaNarwous.
<br /> (A) In the�vent eny one or mae of the�cc�ovisions contained in the Oeed of T�ust,or t[�ne�oan A�reement or any
<br /> p�omissory�ote,or en�other security instrument givan in con�actlon with:ttas uanssction,shall fo�any reaaon
<br /> to be held to be invaUd,iUe�el or unenforceable in any respect,such invd�ty,ilteQality or unenforceability shall,
<br /> at the optbn of Bsneficisry, not affect any other provisio�of thts Deed cf Tcust,that this Deed of Trust shall ba
<br />_- consuued as if such(nvelid,illegal or unenforceable provisiort h�c!Rever besn contained hareln or therein.
<br /> � (B) Thia Desd of Trust ahsll be construed�ccording to the laws of the State of Nebrasks.
<br /> (C} the Desd of Tru�t sh�ll inaure w and bind the he'us,legataes,devisees,adminituatoro,Qxecutora,wccessors and
<br /> =� :s�iask o�i.a pari2r::�,:rc:o.
<br /> (D) Trustor sf�all pay d!tuce�levied upo�this Qsed of Trust or the debt securad hersby,togst{ia►with ecsy other taxas
<br /> or sassssmenu which msy be levisd e�ainst the Trustee or Benaficisry or the legal holder of the Loan Agreem�t
<br />= on account of the i�debtedness ev'�dence thereby.
<br /> (E) Whenaver used herein, the singular number shall include the ptural,the plural,the singular,the use of any gender
<br />= shail be appilcable to stl qersders, and the term 'Bene�ciary" shati include eny payea of the indebtedness hereby
<br /> = secured or en�transter thereof, whether by operetio�of law or otherwise.
<br /> - �g, Succ�ssor TrustM. Beneficiary may from time to time substitute a successor or successors to any Trustae
<br /> 1 named herein or ectlrtig horeunder to execute this Trust Deed. Upon such appointment and without conveyance to
<br /> � the successor Trustee, the latter shaq be vested with ell title,powers�nd duties canferred upon any T�ustee he�ei�
<br /> � named or sctinp hereunrler. Each such appointment or substitution shatl be made by written instrument by Beneficiary.
<br /> j containing refwence to this Deed of Trust and its plsce of record.which when recorderl in the office of the Register
<br /> l of Deeds of the county or counties in which said property is situated,shatl be conclusive proof of�yopar appoi�tment
<br /> . of the succscsor Trustee. The forpoinp power of substitution and the procedure th�refore�allw+ot�Mi�xctusive of
<br /> 9/D4 408-3
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