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<br /> ,, ,� • �� ��1�pAwM�R�w�iMj frM, Upon d�fault 6�T�ustor fn th�parm�rn of or p�rfornwnce of the t�rms and co�dNions of =_
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<br /> " tlw Not�,or any r�wa�s,modifkatfont or�xfw+sions ih�rROf,a ih�paym�r�of any other indebt�drt�:s stcur�d h�nby a In tlw p�rfo�mance �,:,�
<br /> � ,,., of arnr of tiN tonwnants a apr�nts hraundu,Bawfklary moy dalor�oN sums s�c�r�d h�r�b�imm�diatsly du�and poyobb and tho saew — _
<br /> " sholl thK�upon b�conM dw and Po1����Pr��"t^M"t,d�m°^d.�►ohst a�otke of any kind.lFNrwft�r, 8�nefkfary moy ddiwr to
<br /> " � Tru�tN a w►ittm dabrotian of d�foult and d�mond for sal�.Trostee shall hav�tM paw�r of sak of th�Prop�ty and if Bonofkiory daidws th�
<br /> ��. PropKt�is to b�sold it shall d�posit with Trust�s this DNd of Trust and th�Not�or not�s and any othw documints�vidmciny expmditur�s `
<br /> • s�cund h�nby,ond:holl d�live to TrustN a written notic�of dofault ond elxtion to cause tFw Property to b�sold,and Trustea,in tum,shall
<br /> : , n . pr�pon a similar notiu in tiw fam nquir�d b�law which shall be duly filtd fa recard by Trust�e.
<br /> � ^'° ` (a)Aft�r t{�laps�of wch tirtN as moy bs rpuir�d b�low followiip tiw racordation of Notice of Default,and Notice of Default and NoticQ of L_____ ___,__�_�
<br /> ' Soh havinp bNn piven os rpuir�d by low,T�ustN,without demand on Trusta, shall s�q tho Prop�rty in orw or mae parcals and in wch order -
<br />-� os Trostor mo�r detemiin�an tM dot�and at the time ond place desipnat�d in said Notico of Sale,at public auction to the hiQhost bidder,the pur• o N
<br /> ' � � chase prica poyabla In cash in lawful money of th�United Statas ot the time of salo.The person conductinp the sale may,for any cause he or she _
<br /> deems exp�dient,postpone th�sale hom time to time until it shall be completQd and,in�very such cas�,notice of poatponement shall be qivee "�`J��-R_'
<br /> by publit daelarotion theraof b�such p�rson at the time and place last appointod far the sale,provided,if ihe sde is postponed for lonper than ..�m-(
<br /> • , one(1)day be�ond tha day desipnated in the Notice of Sale,notice thereof shall be given in the same menner as the o►ipinal Notice of Sole. :,�:_-__.i, T___
<br /> Trostee sholl axecute and d�liver to the purchaser its Qeed con�oyinq the Property so sold,but without any convmant or warrantY.express,or •- __� -
<br /> implied.The recitals in the Dead of any motte►s or focts sholl bQ conclusive proof of the truthfulnass thereof.My pe�son,inchidinp wlfhout _ _
<br /> � limltation Trustee,may pwchase ot tiw sole. .,, ,�_�
<br /> �b).When Trustee sells pursuant to the powers henin,Trustee shall cpply the procQads of the sale to paymem of the costs and expenses of '� `.�.,�
<br /> � ' exercisiny the power of sde and of the sole,includinp,without limitation,the poyment of Trustee's Fees incurred,which Trustee's Faes shall nof ,,.,.;,�;,_
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<br /> in the opgreqate ezceed the following omounts based upon the amount secured he�eby and remaininq unpoid� S perceMum on the bolonte -h -..r�*. -
<br /> th�reofr and then to the items set forth in subporagraph(c)hereof in the order therein stoted. � ,;r J ,;__
<br /> • � � (c)Aftar payinp the items speciffed in subporagraph(b),it the sole is by Trustee,or the proper court and other costs of faeclosure and sole
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<br /> ��. if the sale is pursuont to judiciol foreclosure,the praaeds of sale shall be applied in the ader stated below to the payment of� v.,, , , _..�
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<br /> � (1) Cost of any evidence of title procured in connQCtfon wlth such wle ad of any revenue required to be paid� ��--_
<br /> ��:
<br /> (2) Attorneys feess :'""��-�
<br /> � (3) All sums then secwed herebyr ,� -�"�
<br /> �4� Junior trust deods,mortgages,or other Sienholders;and ''�'�-�
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<br /> (5) The romaindar,if ony,to tiw person or persons kpolly entitlad thereto. �
<br /> �,._--_--
<br /> * __ _ , __ (d) If the Benefitiary of this Oeed of Trost is o bank as defined by Nelxaska law,any statement contained in ony other section of this deed —_--
<br /> notwithstonding,the Beneficiary shall not be entitled to receive or take and debtor shall ooi ba obligoted to pay or giva,aay tonfession of judg- - ; -- - -
<br /> ment,power of ottaney to confess judgment,power of attorney to oppear fa a borrower in a judicial praceeding or ayreement to pay the costs � ,;;��
<br /> of collection of the attorneys'fees,unless such acts of collection would not otherwise be prohibited by Nebraska low.Provided,however,thot ..;.�•• ,.�.,�,.;
<br /> thls saction does not apply to the Trustee fee referred 10 in paragraph 6(bl.Provided further,thot this parayraph shall not apply to this Deed of ,:�.;,�:w..y'�
<br /> • .
<br /> 7rust,if the Beneficiory is not a bank. ;.;.t;,
<br /> 12. Addttlo�ol S�ewitr Instru��nt�.Trusta,at its expense,will execute ond deliver to the Beneficiary,promptly upon demond,such securi- Y�}a rr"'�;.���',.�.
<br /> ty instruments as may be required by Beneficiary, in form and substance sotisfactory to Beneficiar�,coveriny any of the Property conveyed by •-
<br /> this Deed of Trust,which security instruments shall be additional security for Trustor's faithful performonce of afl of the terms,covenonts and �
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<br /> � conditions of this Deed of Trust,the promissory notes secured hereby,ond any other s�turity instruments executed in connettion with this tran- . _.
<br /> soction.Such instruments sholl be recorded or filed ot Trusror's expense. � �"�-
<br /> 13. A�oi�haaM of Suce��sor Trwta. Beneficiory may, from time to time, by a written instrument executed and acknowledged by '�'�'
<br /> Beneficiary,mailed to Trustar and recorded in the county or counties in which the Property is located and by otherwise complyiny with the provi- � ;.:•:. _
<br /> sions of the applicable lows of the State of Nebraska,substitute a successor a successas to the Trustee named herein or ating hereunder. ,
<br /> • 14. Intpeelloe�.Beneficiory,or its ogents,representatives or workmen,are authorized to enter at ony reasonable time upon or in any port
<br /> • of the Prope�ty for the pwpose of inspectinq the same and fa the purpose of perfo►miny any of the acts it is authroized to perfam under the ; � J�=:_�
<br /> terms of the Deed of Trust. , '�''- '
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<br /> 15. Opfion to ior�cba.Upon the occurrence of any default hereunder,8eneficiary sholl have the option to foreclose this Deed of Trust in E _
<br /> the manner provided by law for the foreclosu�e of mortgages on real praperty. i
<br /> � 16. FonMwane�b�l�n�flelory Not e W�Iv�..Any faebearante by Beneficiory in exercising any right or remedy hereunder,or otherwise
<br /> afforded by applitable law,shall not be o waiver of or preclude ihe exercise of any such right or remedy.likewise,the woiver by Beneficiary of .
<br /> � , on�default of Trustor under this Deed of Trust shall not be deemed to be a waiver of ony other or similor defaults subsequently acurring.
<br /> 17. Trwtor Nof R�Na�d. Extension of the time for poyment or modification or amorti:ation of the sums secured by this Deed of Trust
<br /> granted by Beneficiary to any successor in interest of Trustor shall not operate to release, in any monner,the liability of the originol Trustor and
<br /> Trusta's successor in interest.Beneficiary shall not be required to commence proceed'�ngs against such successor or refuse to extend time for
<br /> payment or ofherwise modify amorti:atian of the sums setured by this Deed of Trust b�reason of any demand made by the originol Trustor and
<br /> Trustor's successorininterest.
<br /> 18. B�a�ileiary's Pow��s.Without offecting the liobility of the Trustor or an�other person I�able for the poymeni of uny obligation here�n
<br /> , . i mentioned,and without affecting the lien or charge of this Deed of 7rust upon any partion of the Property not then or theretofore released as
<br /> � security for the full amount of all unpaid obligations.Beneficiary may.from time to time and without notice.(i)releose ony person so liable I��1
<br /> ' , I extend the moturity or alter ony of the terms of my such obl�garions, (iii►grant other indulgences, livl release or reconvey.or couse to be
<br /> released or reconveyed ot any time ot Benefivary's options any parcel,partion ar all of the Property,(v)take or release any ofher or odditionnl
<br /> � seturity for any obligotion herein mentioned,or(vi 1 moke compositions or other orrangements with debtors in relotion thereto.
<br /> ! 19. Wlur�Adrent�t. Upon request of Trustor, Trustee at Tru�tee's option,prior to retonveyonce of the Property to�rustor, may moke
<br /> future advances to Trustor. Such future advonces,with interes*rhereon, shallbe secured by this Trust Deed when evidenced by prom�ssory
<br /> ; .�_u.�_ . ...a.. ....i ��.���.o�dv�nrpc nnt inrlixlina tuma od- _
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<br /> n01@S Stotmg th01 SaiC n01B5 ore Sewrea nereoy: pruviuru nwi w�w�i�nc a�.u����.� �«.....,.r•°•�•r-•• •-•-•- -- - -- • -
<br /> vanced to protect the security,rxceed an aggregate principol amount of S 30.000.00 .
<br /> 20. N�ca�v��ane�b�Trwt��.Upon written request of Benef�aary stating that all sums secured hereby have been paid,and upon surrender
<br /> of ihis Oeed of Trust ond the Note to irustee for cancell�t�on and retention and upon pnyment by Trustor of Trustee's feas irustee shall
<br /> ireconvey to Trustor,or the person or perso�s legolly ent�tled thereto.without worronty ony portion of the Property then held hereunder The
<br /> , recitals in suth reconveyance of any mofters or fncts sholl be conclusive proof of rhe truthfulness thereof.The grantee m ony reconveYOn�e�»�iv
<br /> be described os"the person or persons legolly entitted thereto".
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