|
.},• '�� erbn � �~ ��`}' ��• . i:;�5"lv �: � .(i�Wl �.sr+-�.w�,,. 1 .n � ��.�r y�#�°�'� �.---
<br /> p •� „,;a F sn�• } � ,•: ? , , ,,,�., � ,.L ,mc _
<br /> f �- � -:'� 1�..� t :�� �F,.y _r�'�:,` 1 j �/� .si' a.r.�Y ;:1.
<br /> ��x �
<br /> .`� �..
<br /> ��.w� � _ _�.. . . _
<br /> .., _
<br /> .;;a„�� ,. . ...::��-
<br /> . .L' -
<br /> .. . � .i �' F L..=. "- "
<br /> :f.
<br /> ,�*:.�+f'��.�;f. .
<br /> -,. .. . •,. �- � ;�..
<br /> -- •-•---_- - - .._-- _ •"'�.�.:�..�--,
<br /> W � ��...
<br /> ;' , + ��206� �-- --
<br /> .. r.�., ����
<br /> ..;) _ , . i__ •
<br /> I
<br /> ', � '.b.�_•.i•1'`:y:li,✓.., . �=`-�x:-�"_"--
<br /> 4 ,. � (p) If Tru�tor I�not an Indlvidwl,ths I�eu�nc�,wl�,tnnN�r,�sslpnm�n�ao�ivayance or�ncumbrqnce of mor�than a tot�l �_
<br /> � �+t�n;'��'��;�R�f�►r �+ ol p�ro�nt of(H�corpm�llon)fb tuuod ond ouutandln��toak or(if e peAnenhip)a total of percent of
<br /> ,"����r�'��,!�Yf� ' partnenhip int�retb durinp lhe p�riod this Oeed of Trust remelns e Ilen on the Properly. v- _ _ _
<br /> . ',``_ �.. 1 Z, q��;��atlon Upon DN�ult.ln the avanl of any Event o1 Detault Lendor may,wNhout notice excapt Aa requlnd by �J„�,__ _
<br /> ' - ,�`�" law,doclare all Indsbtsdneu sscured hereby to be due�nd p4ysbla and tho seme shpll theraupon become dw and peyabl� �-,a, ,,;__:__
<br /> �'•• � wlthout any presmtment,damsnd,protost or notfce ol any kind.Thereafler l.ender may: �_�..._•-,--
<br /> 'A�`'�• (a) Damand that Trusteo exerci�e the POWER OF SAI.E prahted he�ein, �nd Truetee ahall thereatter cauw Tru�tor'� __ -=_-_
<br /> . �;.•.;;.�,.
<br /> '•";�•�<����•.� Inten�t 1n tho Proporty to ba wld and tho pracead4 to be distrlbuted,ell In tho monner provlded In the Nebraok4 Trwt D�edt _._
<br /> . ,.:.�,,.._� ACk
<br /> : .�t ... . �.. ��___�--
<br /> . �, - ��
<br /> �' �� � �,.�,; (b) Exercise any and all�1�hts provldod for In any ol tho Loan In�trumonts or by law upon occurrence of ony Event ol
<br /> �,�- : . ' Defaull;and
<br /> r "�� (c) Commence an actfon to loreclose thls Oeed of Tru4t as a mortpe�e,appolnt e receiver,or ipeciflcelly enforce any of tho `
<br /> ��!'''� ` covenents hereof.
<br /> ,,' 1t�� ' No remedy hereln conlerred upon or reserved to Truetee or Lender f4 intended to be exclusivo of eny other remedy hereln,In the _
<br /> � ��� •r�•� �• Loen Instrumenta or 6y lew provlded or permitted,but each ahall be cumulative,shall be In additfon to every other remedy given =
<br /> ,
<br /> '�'����,r+•�.:`" •• �.f hereunder,ln th6 L�an Instrumona or now or herppRer existlnp at law or In equly or by stalute,end may be axercloed concu►rently, �__e_�_
<br /> `�� '. '" � ' � independently or eucceasively. -
<br /> � � �.•'F:;•.., '� 13. TrustN.The Trustee may reelpn at any tlme withoul cause, and Lender mey at any time and without cause appolM a _
<br /> � '�' ����;�i�:�-� ��� suCCeieor pr substltute Truatee.Truslee shall nqt be liable to any party,including wlthout Ilmitatlon Lender,Borrowe►,Truator or nny -
<br /> •� ,•.�,,�,;;';1` . purchaser ot the Property.for any lose or demage unlesa due to recklesa or willlul mfsconduct,and shall not be required to teka eny -
<br /> �` � �''�•�;•:�s�;�i`� actiqn In connectlon wilh tha enfprcement of thls Oeed of Trust unless Indamnffied, In writing,for all costs,compensedon a �
<br /> i' •�' expen4es which mQy be asaociated therewith.In additlon,Truatee mey become a purchaser at any sele of the Property Qudlciel or �____.
<br /> � � unde�the power,ot eale granted hereln);poatpona the sale of all or any portlon of the Property,aa provlded by lew;or�ell tho
<br /> � � � Properly as e whole,or In separete percels or lots at Truatea's discretion. _--- -
<br /> • �-�'�' . 1A. Fws and Facp�nsn.In Ihe event Trusteo aells the Property by exeraise ot power oi sale,Truetee ahall be enGtled to epply _
<br /> � �''''��'�`." a�y Sele prxeeds Nrat to payment of all costs and expenses of exercfsinp power of eale,Includiny all Trustee's lees,a�d Lender's -
<br /> • •• • end Trustee's attorney'a fees,actually Incurred to extent permitted by appliceble law.In the event Borrower or Truator exerclses any �_�
<br /> rl.�-_
<br /> •r `:., • right provided by lew to cure an Event of Defeult,Lender shall be entltled to recover Irom Truator all costs and expenaes actualiy �,},y�a,-�_
<br /> � incurred es e result ot Truetor's detault,includiny without Ilmitadon all Truatea's and anorney's fees,to the extent permitted by
<br /> •; . ePPliceble law. �---—
<br /> • �� 1b. Fufun Advanc�s. Upon request of Borrower, Lender may,at Ita opliqn, meke additlonal and future advances and re-
<br /> � advanCes to Borrower.Such advences a:�d�eadvances,with interest thereon,ahell be secured by thls Deed of Trust.At no tlme shall =_.
<br /> � '�� � the principal amount of the indebtedness aecurad by this Deed o1 Trust,nQtipcludlnp�me advanced to protect the qecuriry ot thlo °- °�°
<br /> , � � Deed of Truet,exceed the oripinel princfpa!amount stated he►ein,or a 37br0�• whichever Is preater. ��„•a
<br /> • 18. MlacNl�n�ou�Provblon�. ---
<br /> , ' (a) Bonow�r Not Rdaawd.Extension ol the time for payment or modlHcation of amo►lization of the aums aecured by this --
<br /> , , __ __, :- pe�J ol Trunt granted by Lender to any succeasor in Intereat of Borrower shall not opetate to release,in any ma�nar,the Iieblllry �
<br /> • ot the orlginal Borrower and Borrower'8 succesaors in Interest.Lender shall not be requ�retl io commence proceedingn upelnsi
<br /> � � � auch aucceasor or refuae to extend time tor payment or otherwlee modify amortizetlon ot the sums secured by lhis Deed ot Truot ���
<br /> � �' by reason oi any demands made by the orfglnal Borrower and 8orrower'a auccessors in interest. �'�=''-��
<br /> � (b) L�nd�r's Pow�n.Wifhout a8ectinfl the Ifablllty of any other person liable lor the payment of any obllgetlon hereln
<br /> �1V,�::''.c:.°.'
<br /> mentloned,and wlthout eHectf ng the Ilen or cherge of lhis Deed of Trust upon any portion of the Properly notihen or theretofore
<br /> ; � released ae security for the lull amount oi all unpaid oblfgations,Lender may,lrom time to time and wlihout notice(�)release any
<br /> person eo Ileble,pl)extend the maturiry or alter any ol the terms of any auch obligations,(ill)grant other Indulpgnces,(iv)release
<br /> , . or reconvey,or cause to be released or reconveyed at any tlme at l.ender's option any parcel,portion vr ell ot the Property, �,,;;..
<br /> • ' (v)take or release any other or addilional securNy 1or any obllgetlon herefn mentloned,or(vi)make campositlons or other ��_
<br /> arranpementa with debtors in reletion thereto. —.-
<br /> (c) Forbaannc�by L�ndor Nol a W�fvar.Any torbearance by Lender In exercising any right or remedy hereunder,or
<br /> otherwlse attorded by appliCeble law, shall not he a walver ol or preClude the exerCise o1 any suth nght or remedy.The
<br /> � _..�,-,_
<br /> procurement of InsuranCe or tho payment of taxes or other Ifens or cha►ges by Lender shall not be a wefver of Lender'n rlyht to v_
<br /> accelerete the maturity of the indebtedness aecured by thfs Deed of Trust. __._._
<br /> (d) Succ�s�on end Aul�m Bound;Jolnt and 8�varal Ll�bility;Captlont.The covenents and agreementa herefn con- �;i_Y�_
<br /> tained shall bind,and the rlghts heieunder shall inure to,thn respecltve successors and assigns o1 Lender end Truetor.All �.-;-_;;o
<br /> . . covenants and agreements of Trustor ahall be joint and several.The captlons and headings of the para�raphs of thla Deed ot
<br /> . Trust are 1or conven�ence only and are not to be used to fnterpret or dellne the provlaions hereof. �"�W-"
<br /> c °--.�_
<br /> (e) R�qwsl lor Notictl.The partles hereby request lhat a copy of any noUCe of default hereunder and a co�+y of eny notfce ����••w_-._
<br /> ot sele hereunder be mailed to each party to th�s Deed of Trust at the address set lorth above In the manner prescrlbed by � -,:
<br /> appllcable law.Except lor any other notice reqwred under apphcable law to be g�ven m another manner,any notice provided � . �=.;.
<br /> for fn this Deed of Trust shali be glven by mading such notice by ceAdied mad addressed to the other partfes,at the address set • .
<br /> lorth above.Any notice provlded for in this Deed ol Trust shali be eHecl�ve upon malling in the manner designated herefn.If ;;�,�,;�;.,:
<br /> Trustor is more than one person,nolfCe aent to the address set forth above shall be nvtice to ell such persona. ��
<br /> � (� In�p�ctlon.Lender may make or cause to be made reasonable entnes upon and mspections o1 the Property,prowded
<br /> IhBt Lender shall glve Truslo�not�ce pnor to any such inspection spec�ly�ng reusonnble cause therelor related to Lender'9
<br /> ti fntereat In the Property.
<br /> (g) R�eonv�yanc�.Upon payment of all sums secured by th�s Deed of Trusl.Lender shall request Trustee to reconvey lhe
<br /> Property and s►lall surrender.thlY Oieod o�Truat�nd all notes Pv�denc��g�ndebtedness secured by th�s Deed of Trust to Trustee.
<br /> Truatee ahall�conv�yth��►4Pe���aut werranty and w�thout cherge to►he person or persons Ieyally entitled theret0.
<br /> Trustor ahall pa�•ell cos18 dMIbUD1AH6tlon,I}any.
<br /> (h) P�nonal P►bp�M�'.�edrli��ylqnement. As add�t�onal secur�ty fo� the payment of the Note. Truator hereby grants
<br /> • Lender under tM6 NebraSka C1�hRGrm Commercial Code a secur�ty�ntere5t�n all I�xtures.eqwpment,and other personai property
<br /> � . used in connection with the re81 estate or�mprovements located tnereon,and not othe�w�se declared or deemed to be a part of .
<br /> the re81 estete seCUred hereby This mstrument shau be construed as a Secunty Agreement under sd�d Code,and the Lende►
<br /> ahall have all the rlghts and remed�es ot a secured party under said Code�n add�t�on to the rights and remed�es created under
<br /> and eCCOrded the Lender pursuant to this�eed o�Trust:�rovided that Lender's nghts a�id�Pmedies under this paragrnph shalt
<br /> . be cumulative with,and m no way a I�m�tation on.Lentler's ngnts and remed�es under any other sec�rity agreement slgned by
<br /> Borrower or Trustor.
<br /> • (f) U�n�and Encumbrancos. Trustor hereby warrants and represents th�t there�s no defau�t under the prov�8�ons of any
<br /> --- ..
<br /> mortpa�e.deed ol trust.lease or purchgse Contract descr�Ging all or any part ol the Prqperty,or other contract.�nstrument or
<br /> �Mw
<br /> � agreemenl Constduting a I�en or encumbrance against an or any part o�cne rroperry iculiaci�voiy.°��e��s'i. a:��:;,y o�%......
<br /> date ol th�s Deed of 7rust.and that any and aIl exisung L�ens rema�r unmod�l�ed except as d�sciosed to Lender in Trustor's
<br /> wrilten disc�osure ot I�ens and encumbrances prov�ded �o� herem Trustor shall umely perlorm all of Trus�or's obl�gations.
<br /> COVenants,representationst�nd warranties under any and a�l ezist�ng and fulure Liens,shall promptly lurward to Lender copies
<br /> ol all notfces ol delaull sent in connect�on w�th any and all ex�sting o�Iulure L�ens.and shall not w�thout Lender s pnor wr�Hen
<br /> � Consent m any manner mod�ly the prov�siona ol or 311ow any tutwe advenCes undor any ex�ating or luture Liens
<br /> �) Appllcaton ot Psym�nb.Unless otherw�se reqwred by iaw.sums pa�d to Lender hereunder.�ncluding w�thuut hmitation
<br /> payments ol pnncipal and mteresL insurance proceeds.condemnclbon proceeds and rents and prohts.sha��be app��ed by
<br /> Lender to the amounts due and oWing Irom Trustor�nd Borrower m such order as Lende��n�ts sole d�screl�On deams des�reble
<br /> (k) S�Y!►Ybfllly. II tifly p10Vi810n OI�hiS Oeed Ot TruSt COnIhCt3 W�Ih appi�cabie �aw or �s deciared�nvdhd o� utherw�se
<br /> unenforceable,SuCh CofllhCt Or�nva�id�ty shall nOt eff@Ct the other pronsOns ol this Oeed of TruSt or th@ Note wltiCh C3n bC
<br /> gwen eHeCt wHhout the C�nI1�Cting prowsion.and to Ihig en�the prowswns of th�s DNed ot Trust ana the Note are deClared t0 b�
<br /> eeverable.
<br /> �
<br /> s= - i
<br /> • �� � __
<br /> �_
<br />
|