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<br /> nxistfnp ut low 9r In n�uity or by statut�. Evory power or remeGy provided hcrcundar tiils Daad o�Trust to Ocnoficiary or to which it mny ho ;
<br /> atherwtse�ntitled,may ba exercised,concurr9ntly ar indQpendently,from slmo to Pimo a�id as ofPen as raay ba doern;,d oiep�dlon4 Oonaiiciury
<br /> :f�.,;, � ond i1 moy pursus inconsisfam remedies.t�othir�horein shall be construed os prohibitinp Beneficlary irorr�seeking o deficiency judgment agoinst
<br /> �:a::rk,:,s:, 9h�Tr�sfor lo fhe exfent such actfon is permitted by law. .•
<br /> __��r_.,.�� 10. Tr«nhr�1�rAp�Nq1 A�w�n�t lott.I f a l l or any pnr t o f t h o p r o p e r t y o r a n y i n t e r e s t t h e r e i n i s s o l d,t r a n s f o r r e d o r c onv e y e d b y Trustor
<br />_ ,,....,��,• withuut B�n�ticfary's prior wrft4en consent,exeludinq(u)tha c�eation of o lien w encumbrance subordinate to thfs Oeed af Trust,(b)the crea• �__
<br /> •• tfa�of o purchase m�ney security interes4 ior househald appliancds,(c)a transter by devise,descent or by operation of law upan the dauth oi a
<br />-'�^����y lolnt tenant or ld) the Grant oi any leosehold inferesf of threo yeors or 16ss not containinp an op9ion 4o purciiase, Q:,na9iclary �r�ny, ot �_
<br /> - Beneficlory's oplion,declare all the sums setured by ihis desd df Trast to be immedtotely�ue ar�d paYooie,or cuusn���a���s4na t��i�a a�.�t;co �_
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<br />='��"'" of d�fault,B�noficiory sholl hove waiv�d such option to accdsrnf�if,prior to the sals,transhr or conveyance,Beneficiary orad the pkrson to
<br /> whom the prop�rty fs to be sold or transterrod reoch apreement in vrritin�that the credit of such person is satis foctory to Beneficiory and thot
<br /> '�v"'"- _� the interest poyable on the sums secured by this Qeed of Trust shall be ut such rate os Beneficiary sfiall request.
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<br /> ��,p��{����lt�R�alfqj Sde. llpan defnuM hy Trusta in tha�wyment of or p�rFama�ce of the 4erms ond conditions of �_
<br /> ���-���a, the lbte,or aey nn�wols.medifications x extensians tMr�of,or the payment of any other indtbteJness sMCUrRd her�by a In the perfarrtwnce
<br />��`.�.. of any of th�conv�nonts or opr�nts har��.Ben�flciary may declore all sums saur�d h�r�by imm�diat�(y du�wid�+youie�-�d 4��a sc��a �
<br /> "''=:��,-,� shai�1h��upon b�corn�du�ond poqabN w(thout pr�s�ntmmt,d�mand,protsst ar natice ot ony kind. Thereofter,Ben�ficiory may deliver to __
<br /> - " Trusfee u writt�n declamtion of default�rtd demand for sale.Trostee shall have the power of sale ot the Property and if Beneficiury decides ihe
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<br /> - -- - Property fs to be sold it sFwll deposit with Trustee this Deed of Trust and the Note or notes and any other dauments evidencing expenditures
<br /> �...-�,s secu►e�i hereby,and sholl deliver to Yrustee a written notice of default arxl election to couse the Property to be sold,and Trustee,in turn,shall
<br /> _4�=r;� pnpare a simifor notke in the form required by law which shnll be du{y iiled Oa r�card by Trustca. _
<br /> ;- (a)AftK th�laps�of suth tima as may be required by law following tha�ecordation of Notice of Default,and Notice of Default and�iotice of
<br /> - "'�' Sale Iwvirq been qiven os required by low,Trostee,without demand on Trustor,sholl seil the Property in ww or mwe poreels and in such order
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<br /> as Trostor rtay detefmine on the dats and ot the time and place desipr�ted in said Notice of Sa�e,at public auction to the hiptwst bidder,tlte pur-
<br /> ':sL.�°° chpse price payabb in cosh in lowful money of the United States at the time of sale.The person conductin�tM sale may,fo►any couse he or she
<br /> ` de�ms�xp�dient,postpone the sale from time to time until it shall be completed and,'n every such cuse,notise of postponement shall be given
<br /> --- -- by public declaration thereof b�such person at the time arxl place lost appoinTed for the saler p�ovided, ff the sale is postponed for longer thon
<br /> — � one(1)dcy beyand the day designated in the Notice of Sole, notice thereoi slwll be fliven in the .ome mans�er as tho original Notice of Sule.
<br /> �� Tr��stN shall execute or�deliver to the purchaser its Deed conveying the Property so sold,but withnut any convenant or warranty,express,or
<br /> — impfled.The recitals in the Deed of any matters or facts shali be conclusiva proof of the truthfulness thereof.Any person,includir�without
<br /> --_ iimitation Trustee,moy purchase at the sale. �___,_ . _ �_u . � � i. N,� nt�f rhe eosts and exaenses af
<br /> (b1.YVncn TrustN seiis pursuari To ina powerb mrrem,T�is�ov S�n+��np�l�!!���e�.a.!t�_9..i�,_,!!t^_... _
<br /> -__-- exercisinp th�e power of sale and of the sole,including,without limitation,the payment of Trustee's fees incurred,which Trustee's fees sho11 not
<br />-_=-T— in th+cpyreQote exccsd the following amounts based upon the amount setured hereby and remalning unpaid, 5 perce�tum on the balance
<br /> — thereof;ond then ta the items set forth in suhFwru�raph(c)hereof in the order therein stated.
<br /> (c)After payfrg the items specified in subparagraph(b),if the sele is by Trustee,or the proper court and other costs of foreclosure and sule
<br /> -- ff the wk is pursuont to(udicbl foretlosure,the praeeds of sale shall be applied in the or�er stated belaw to the payment of,
<br /> (1) Cost of any evidence of title procured in connectio»with such sale and of any revenue required to be paidr
<br /> (2) Attorneys feesr
<br /> (3) All sums then secured herebyj
<br /> (�!) Junior trust deeds,mortgoges.or other lienholders;and
<br /> �5) The�emaindar,if any,tu the person or persons legally entitled thereto.
<br /> (d) If tt�B�neficiary of this Deed of Trust is a bank as defined by Nebraska law,any statement contuined in any other section of this deed
<br /> notwithstondinp,the&ne�fitiary shall not be entitled tn receive or take arsd debtQr sholl not be oblipated to pay or give;ar►y confession of judg-
<br /> ment,power of attomey to confess judgmen4,power of attorney to appear for a barr�wer in a judickl�xaeeding or agreemer►t to poy the costs
<br /> of coll�ction of the attorneys'fees,unless such ats of collectfon would not othenrise be prohibited by Nebrasko luw.Provided,however,that
<br /> this section doos not opply to the Trustes fee refe�red to in paraproph 6(b).Providod furiher,thot this parogroph shall not apply to this Deed of
<br /> � - Trust,if tM Beneficiary is not a bnnk.
<br /> 1 Z, MAfti�wi S�e�rMy 1�ttiw�ti.Trustor,ot its expense,will exetute and deliver to the Beneficiary,promptly upon demund,such securi-
<br /> ty instruments as may be required by Beneficlnry,in form and substance sotisfactory to Beneficiary,covering any of the Rroperty conveyed by
<br /> this Deed of Trust,which security instruments shall be additiorrol security for Trustor's faithful pe�formanco of all of the terms,covenants and
<br /> conditians of this Deed of Trust,the promissory notes secured hereby,and any other security instruments executed in connection wi�h this tran-
<br /> soction.Such instruments shall be recorded or filed at Trustor's enpense.
<br /> _ ____ 13. A�oi�t�f d 3rcc�s�Trw�tw. Beneficiary may, from time to time, by a written instrument executed and acknowtedged by
<br /> -= B�neficiary,moiled to Trusta and recorded in fhe tounty or counties in which the Property is located ond by otherwise complying with the provi-
<br /> - --— sions o�the opplicable laws of the Stote of Nebroska,substitute a successor or suc.cessas to the Trustee ramed herein or acting hereunde�.
<br /> .�.=-...�i. 14. MfMetN�n.BenAfi�iory,or ifs agents,representatives or workmen,ore outhorized to enter ot any reasonable time upon or in any pnrt
<br /> �_� � of the Property'For the�surpose of inspecting the same and for the purpose of performinp onp of the acts it is authraized to perform under the
<br /> �'_.:� terms of the Oeed of Trust.
<br /> 15. O�tlon to ForaAs�.Upon the occurrence of any default hereunder,Beneficiary shall have the option to fareclose this Oeed of Trust in
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<br /> _--•-f� the manner provided by law for the foreclosure of mortgages on reul property.
<br /> "r��'��� 16. Forow.n�.�r�.�.�c�«r Not.w�tr.�.Any forebeorance by Beneficiary in exercising ony right or remedy hereunder,or otherwise
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<br /> _%�� afforded by applicoble low,shall no4 be a waiver of or pretlude the exercise of any such right or remedy.likewise,the waiver by Beneficiary of _
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<br /> -' 17. Trwta llot Rtk�nd. Extension of the time for paymenS or modificotion or amortiiotion of the sums secured by this Deed ot Trust -
<br /> --�r��x'� granted by Beneficiory to any suecessor in interest uf Trustor shall rot operate to rolease,in any manner,the liability of the original Trustor artd _
<br /> - • Trustor's siaccessnr in interest.Benuficiury shall not be required to commenee proceedings against such successor or refuse to extend time for
<br />. - ' . '� �' poyment or otherwise modify amortization of tho sums secured by this Deod of Trust by reason of any domand made by the original Trustor and
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<br /> ;yr Trusto�'ssutcessorininterest.
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<br /> � ••f�• . 10. Meafk{�ry'��owtn. Without affecting the liability of the Trostor or any other person liuble for the p4yment of any obligation herein
<br /> � " � � mentioned,and without affecting the lien or chorgo of this Oeed of Trust upon any portion of the Property not then or theretofore released as -
<br /> ' "�, security far the full amount of all unpnid oblipotions,Beneficiary may,from time to time ond without notice, (i)releoso any person so linble,!ii) -
<br /> - �� ' oxtend the maturity or alter any of the terms of any suth obligations, ii��)grnnt other indulgences, (ir) releose or rQCOnvey,or tauso to bo
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<br /> [�;��;��`�.N,':'• reloased or retonvR ed at an time at Benefitia s o tions an rcel, ortion or all of the Pro e�t . (v)take or release an other ar odditional
<br /> V-°�'��t- ;��� security for asy obligation herein mentioned,or(vi)make compositions or other arrangemants xith debtors in relation thereto.
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