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<br /> powcr of sale, the procecds shalt be applied first to thc paymcnt of tho cnste e��d exnenscs of exercising ti�c _
<br /> power of salc, including the fea of the Trustee in an amount nat to exceed two �er c�nt (2°/tl) of the �ale �r:�e
<br /> then to the payrnent c�f the obli�ation secured by the Decd of Tt-ust and th� balance, if any. to the perRan ar
<br /> p:..sa:t�l�g�!1�e:::dt!�:Itl:ereto. _
<br /> 12. ACCELEF�'FION IN THI�E�?NT O�TRANS��R. fn th�event the title to 4he said resl estate is _
<br /> ....___, �•_ :.-t �"f� �}'ai::2h�t2t2�°f92an.d fnr �n., rn��um nr{�y a���rneYhod whatsoovCr. �
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<br /> th�entire principal sum and the accrued interest shall at once become ciue and payable at tha electian of the
<br /> Beneficiary. railure to exercise this option because of transfer of title as above stated in one instance shall not
<br /> constitut�a waiver of the right tc,exercise the sRme in ihe event of any subsequeitt transf�r.
<br /> 13, AiJTIES OF TRUSTEE. Bor�ower agrea:s that: (�.) Duties and obligationa of Trustee shall be
<br /> determined solely by the express provisions of this Ueed of Trust and Trustee shall not b�liable except for the
<br /> �arfarmance of such duties and obligations as are specif�cally set farth lierein, and rio imptied covenants or
<br /> r�bligations shall be impased upon Trustce; (b) No provisions af this Deed of Trust shall require Tnxstee to
<br /> expend or risk its own funds, or otherwisa incur any financial obligation in the performance of any of its duties
<br /> hereuuder, or in the exercise of any of its rights or power; (c) Trustea may consuit with counsel �f its own
<br /> choasin��urd 4i�e aavice o�suc,i c�sunsel shell ba fuil and complete outhorization and protection in th�respect of .
<br /> any a�ction taken or suffered by it hereunder in good faith snd�eliance thereon;and(d)Trustee shall not be liable
<br /> for any acrion taken by it in good faith and reasonably believed by it tn be authorized or within its discret�nn or �
<br /> rights or powers confened upon it by this Deed of Trust.
<br /> la. RECONVEYANCE. U�on payment of all sums seaured by this Securiry Instrumsnt, Lender shall
<br /> request Trust�e to neconvey the 3Property and shall surrender tlris Security Instrument and all notes evidencing
<br /> debt secured by this Security Instrument to Trustee. Trustee shnll reconvey the Property without warranty and
<br /> with,nut charge to the person or persons legally entitled to it. Such�erson or persans sh�ll pay any cecordation
<br /> costs.
<br /> 15. riAZARDOUS MA'�EItIALS. Borrower shsll keep the Properry in compliance with all applicable
<br /> laws, ordinances and regulations relating to industrlal hygiene or env.iornmental protection(callsctively rtferrod
<br /> to herein as."Enviornmentul Laws")Hottower sha�l keep the Praperty free from all substanaes deemed to be
<br /> hnzardous ar toxic under any Enviornmental Laws (collectively referred to herein as "Hazarduus Materi�ls").
<br /> Borrowrr hereby �varrants and represcnts t� Lender that there are na Hnzardous Materials on or under thc
<br /> Property. Borrower hereby agras to indcmnify and hold harrnlesa Lendcr,its directors,afficers, employoes and
<br /> agprts, and ar►y successors to Lender's intereyt, from and egain9t nny emd all cl�ims, dantges, loud and
<br /> liabilities arising in connection with the claims, damage�, losses end liabilities arising in connection with the
<br /> preaents, use, dispos�l or trau►spcfrt af any H�ardous Mnterials an, under, from or about trie Property. THB
<br /> FUREGOING WARRAI�TIE5 AND I�EPRESENTATIqNS, /�NI) BORRC1WEIt'S �HLIGATIONS,
<br /> gURSUANT TO'f�FORE�C'iOdNG INDEMNI'fY�SHALI.5LJ1tVIVE RECONVEYAIdCE OF THIS DEED
<br /> n�'TRi1ST.
<br /> 16. This Deed of Trust shall be binding upon the parties hereto end all�heir assigns�heirs.
<br /> D�l'�'ED this 29 c�ay Qf A�pril, 1996.
<br /> Lilt�Rali-Mi�,Inc. n �
<br /> BY:-���'�—rc�r� _ BY:
<br /> Rod Ldley,Presiden Joe cy, icc ent
<br /> A�g�g,�nu t�Bank
<br /> TRTJSTEE ENEFICI Y/LENDER
<br /> BY: � y
<br /> Presidcnt
<br /> STATE OF NEBRASKA)
<br /> ) ss.
<br /> CO[JNTY OF ADAMS)
<br /> Tl�e foregoin�instrument was acknowledg�d before me tWs 24 day of April, �996 by Lilley Redi-Mix,
<br />- Inc. �1Vebr�s{w CorporxNon, Xtad Lilley,Preaident,and Joe Liiley,Vice-President, in their own right, and
<br />- they acknowledge the execution of the sbove Deed of Trust to be tl�eir voluntary act and desd.
<br /> IRI�AIIIOtAA'f��IMIMNoI�l1 C���.�, , �
<br /> �lE1Fi M.�6TINOn �'i"�
<br /> _ -� Wv co�..�.on.�,��r NOTARY PUBLIC
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