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<br /> ,.t nA•JI .MKdIN.�::- '�,R .
<br /> _ .., _.. ..� .__ _
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<br /> +ti�t* � 111►.+t-.. . -_
<br /> �dl� . . �it a.: • � -
<br /> File l�o. 83T
<br /> ti.(?696
<br /> a . �,.. .�.V".R�'��i` --
<br /> (b) trr the event thai ihe Tru�t Propert� is sold p�ir�uant to the power'o� �al�
<br /> conferrec:l upas the Trustee hereundr_r;th?i'rustee shall cause to be fifed of rccord a wrstt�ro
<br /> reotice of de�ault and eleetian ta�II the Tru3t Property. ^fter the lapse of such time as�therr
<br /> may be reRuired by faw to�iAwin�r�.a�uat����of�a:h nt�ti�e�f d�fairit,and notice of s�ate
<br /> Nwving b�en give�+as ttren require�by law,Trustee,without demand�n Trustor,shall sell the
<br /> TruSt Prnpertp,eidter as a wh�le or in separ.ate p:�rcels,and in s��ch order as���!e pf ry
<br /> may determine at public auR.'ti�to ihe highest bidder. 7rustee maY p�spr�a'►.
<br /> ���y���,�����t p�r.�e;ty by pubiic anncwncemer►t at the time am,�p�ac�of�a�P�artcl
<br /> frum time to time thereafter roay postp4+'►�����p'�public announcemertt rat rtiw time and
<br /> pla�e fixed by the precedin8 Post�►�m�ni• Tnist�e af►aSl detiver to suc:h�u+'�:haser it�deec!
<br /> conveying the property sa sald,but without any cove�z��nt or warranty,exp+
<br /> '2SS Of 1�t13f�..���T�IE
<br /> reciLal in such deed of any matters of fa.ct or otherwise shall be cancl4si��e p�'���tta
<br /> tnathfulr+ess thereof. M��{�erson,incl4xlin8 Trust,cis,Tnistr.e or Beneficiar.y,rn�3y p
<br /> suah sale. The Trusteo shall appty th�e prc�ceecis c�f the TrustE^e's sale, first,�a the costs and
<br /> exren��fl'i���:prcising the power o#sal�ar�d of the salr�,t�cluding th�e paYrt�nt of T�ustecs's
<br /> fses actuaiDy incurred,ncx co exc�r!f�r�peresnt of�+��e F�+n�';�+'�►al�rr��.tn�,��at the��r�
<br /> �i�recarding the notice af default,second,to the payment oF the�erg;i�/}��'�ba an�f
<br /> d�e t�,t h i t r l,t o t h e p a y r r��nt c�junior trust deetfs,rr�or28aSes .
<br /> any,tn thU���a P���f�lly entitled tttc�'eto.
<br /> (c?�`°� . Truseor agrees, fa�r 3},w��f and ar�y and all persons a concems c!�:�min�g bY, .
<br /> through w under Tr�et��c;:that if it,cx any oa�or�mo�e of them,shall hqld possess+b�m n#the
<br /> �e���p��rr�,1M/,'cr any part thereof,s+.ik��equent to forectosur����.neunder,it,or the
<br /> parties sn ttaE�fing p�s�+ssion, sF►�11 becortee, and be considered as, t�'nants at will of the
<br /> uurchaser��?i,�.�:►fichasers at such fur�eclosure sale;andtanry�ie�h�t�e�na�t f�����S�le to
<br /> st�irender pc;;��,�i°5sia�►.+at�on demand si�aii ioe gui�iy v�����yK�
<br /> �such purchaser or pi;lri�.�.��ers fa reasonable rwra2�a1 af the Real Estat�,�+r►'G1�shall be subject to
<br /> � . e,►►,;�tion aad�emnval�i�:tir�cibte or othe�wise,wYi,2���►r witt►out process c�d`��i�v�an�'y wa ved. f''''
<br /> • whiah.rri�zy!:�s�ineci�any such tenant as a r�esutt thereof being hereb�y��tt(�
<br /> , ,•.�. .
<br /> � . .� �...,..:.,rm�,t S1f ��;�. If an EVeft� Of D�'dUI[ S�taII F1ay�;�,���}���,
<br /> 5ecti�n•��t33. �.�.q.�.-��----
<br /> ge�i�ciary,as a matter of�i�ht�nd without no¢3ce to�'sa�sta'ar anyone clafmiro�;��'�`r�+���'o�
<br /> without negard ta tt�;r�ten value�if�he MortSaged Prop�j�or the inte�est of�'nes�`r�lier���s;shal{have
<br /> : . the right to�pplj+•fi�'�s;,:�+�c�urt having jurisdiction to appoint a receiver er receiver��ai the.�.,MoA&�!!� .
<br /> pro{x�ty and 'TI'i�2�r,�"�e�c�Y ;npv��ly consents ta such a{s�,���ment and waiv�es nc�i�r�..of any
<br /> application therefor. A�y sn�ch�eceiver or receivers shall have a►1"tfie usteal;povve�s anc�'�du���°f
<br /> rerei�i�r.s in like w sirnilar c:a��'i�. �, , �ti �
<br /> ` :,�, qv�; Ben�ciary shatl kx:entitled to ei9forc:e payment and
<br /> .� :�,,� , Sectian!�;�l�. $tlno�..N���` • -ise all ri t�and perw�ea underdhi�s Ue�ed -
<br /> � � par�±tnanc�e of atiy Secured Obligatiats h�ei��:!�y and to exera. S'� -
<br /> � of �(!�rst or under any laan Uocuments,c�r't�ie prcnrisn�a�►s of the Nebraska 7rust Deeds Acc,as now .,
<br /> en��ar sul�sequendy asn�nsled,any other laws noJv bn c�reafte+r in force,nc�nrethsta�ding sorr�e or ';,;::.,.
<br /> ,':,�r.,
<br /> al)of the Secure�C1blipatfUna�rri�y naw or hereafter be otherwise s�uned,wFoer���r bY.mat8,�e� ,
<br /> • �. of trust,pledge,li�r��.�;ssi�nment or ckhec,w+se. Neither the acce�t��e of this Deed of Trust na its ,`,f",
<br /> , ��.,;
<br /> �nfax�evner+t,whetYi�r by G±:����!�adion or�pu�suant ta the power r�ff�le cx other powers Mereir�ron- .t,_.
<br /> Wii�r�+c�:shall pre�udice pr in�^';7��manner affect Bene�it��br�'s right ro realize ir'r,'.a.*�or enfarce�ny other ,,,:;•
<br /> secci�iry nuw or hereaher f�'?ai by Ben�ciary, it bem�agreed that BeneP+�i�2g shat) be entitled tc� �:_`':
<br /> enforce this DePd of Trust and any other_�ecurity now or hereaiter held by B�eficiary in such a�cier ''�'�:�•,•'":
<br /> and manner as i�may !n its absolutc•e�;isi:�etion deter�nine. N+a:c*emedY herein ccx�ferred upon ot
<br /> � reserve�d to Bene4iciary is intended to i�•�+���usive c�any other:�mr:dy$1Vevert b an�di tfie Lc�an .�,`
<br /> hereafler exi�ting at(aw or ie�.�uEty o�by�statuce. ��u�iy poN+er o�remedy gi Y Y �
<br /> Dacuments to Beneficiat}�i,�6:4'.',l,et.w4�i�h:.Beneficiary may be otherwi�ec:�i�!�s�i, may be ex�nciseci;:, �;::, •.
<br /> concurrendy �x independeka��r.�'�t's�t�;r,a�to time and as oftes�.afi may'��•'deem�d expeciic��t!�y ;t,,� �; r;
<br /> ur�ue ir�nsistent remedies. ���```�,;..,,�
<br /> Benef�ciary. B�neficiary maY p . .
<br /> ,,. .
<br /> The acceptance by�eneficiary of any sum�iter the�same��s due h��h,e s�cu►�ed cx to declare
<br /> af the ri�ht either to require prompt paymenc,w:���,v*a.•^.^^--..--..-- - -
<br /> . a defaalt as herein provided. The acceptance by Beneficiary of any sum in 2n amcwnt Ress than the
<br /> � sum then due shall be deemed an ac�eptance on account orily and upon candition that Et shall not
<br /> cans�itute a waive�of the obligation of Tru:,tor t�n pay the entire sum there due�and failU��of Trustor
<br /> to pay sucf►entire s�m the�di�e shait be and continue to be an Event of D�efault notwithstanding such
<br /> acceptance of s«ch arnauni an accou�tt,as afontsaid. Beneficiary or Trustee sha11 be, at atl times
<br /> � thereafter aitid until the�ntire sum iteen due shall have been paid,and notwithstanding the acceptance
<br /> by Eieneficiary thereafte��f further sums on ac�count,or o�herwis�e,entitled to exercise�all rights in�is
<br /> instrument confsrred u�ory them or eitlier of ttrem,�nc� the rigMt to proceeci with a sal�uncier any
<br /> noiice of defaulc or an election ta sell,or the right to exercese any other righis or temedies hereundcAr,
<br /> 16
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