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� �n���^ � � ' <br /> : �.'....;;,�.�.,r�.��"�,,Y�.... . - . <br /> , . , �. ._ --- --- <br /> .. . -- --- - <br /> , . _ _ _ . _���:..� _� <br /> _ _ ____ _ __ _ <br /> 6.1795 Fi1e{Vo. 838 <br /> � � ��D`� ������ ___ <br /> (a) Upon the aceurrence af one or more�vents�f Default or default by?'rustar In <br /> th�►pe�furman�ce��f as►y ather agrsem�:nt hereunder,or unslet any instrument nr agreem�nt <br /> secured hereby,9eneficiary may cleclare ail aums securxd he�by immedlately dus and payable <br /> a���i, at t3�c �pitaz� of the 9cnAflcl�ry, th15 �7�of Trust may be for�cinsed in tht� manner <br /> provided by law f�x the fareclasure of mortgages on real propetty;or Mortgag�d Property may <br /> be sold in the manner provided in the Nebraska Trust �eeds Aet �nder the power of sale <br /> conferre�d upon the Trustee h�reunder. <br /> (h�) In the event that the Trust Property is sald pursuar�t to the power of sale <br /> conferred upon the Trustee hereunder,the�'rustee shall caase to be filed of rccord a written <br /> notice of default a�d election to sell the T�ust Properry. After the lapse of such time as then <br /> mav be required by law follawing recordation of such natice of default,and notice af sale <br /> having been given as then requir�ed by law,Trustee,withovt demand on Trustor,shali sell the <br /> Trust Property,eiihe�as a whole or in separ�t�parc.els,and in such order as it ar BFneficiary <br /> may determine at public auction to the highest b6dd�r. Trustee may pnstpone the sale of all _ <br /> or any portiQn of ti�e 7��st Property by pul�lic a�noc�nczme�.at ths t9rn��r��lace of�aIP,and ___ <br /> 6rom tirne to tim�e thereafter may}aostpone ti�e sale by public a�nouncement at the time and <br /> place fixed by the preceding posr�,onement. Trustee shall deliver tp such purchaser!ts deed <br /> conveying ths property so sold,but without any covenant or warra�►�r;pxpress or implied. The <br /> rQCital in such deed of any matters of f�ct ar othPrvvise shall h�r�unclusive prc�of of the <br /> �� trutt�'fddness thereof. Any person, incli�ding 7rustor,Trustee or Ben��ciary,may purchase at <br /> such saR�e. The Tru�tee shall app�y tl�e proceeds of the T�UStee's sale,first,to the costs and <br /> exp�ns�s of exercising the power of sale and of the saie;including the pa��ment of Trustee's <br /> � fees actually inc�a�r�l, nQt to exceed five pezcent of the principal balance unpaid at the tirn� <br /> ' of re�arding the�s,Zi�:e of default,ucond,to the payment af the obfi�atian secured by chis Mlst <br /> � cieka;ii�it�,i,iu��:��,a}r����'���`,ja��ia=ts'ust���,m�����'P-5 nr nthPr llens,and the balanCe,if <br /> �r�y�to thc persori ar persons le�ally entitled there*.o. . <br /> ' . (c) T�'u�tor agrees, for itself ancl any and all persons cii corwerns claiming by;` �, •�, <br /> through o�under 7rustor,that if it,or any one or more of them,sfiall hc�1c�possession of ti���� <br /> abnve described property,or any part thereof,subsequent to foreclosure hereunder,it,or the <br /> parties so holding possession, shall become, and be considered as, tenants at w+ili af the <br /> Nurchaser or purchasers at such fo�eclosure sale;a�d any such tenant failin�or refusin$to <br /> SU�fCf1f1L't'p055eS51Un iiNtii��cmaru 5�8��::.�aL�i�j'.^.���i�:r'�°�°�.d�l'!°I�r��k,?II ha�iahla tn -_ <br /> such purchasPr or purchasers for reasonable�ental of the Real EstaSe,and shall be subject to <br /> evidion and rernoval,forcible or othenivise,with or withaut process of taw,and alf damagc�s . <br /> which may be sustained by any such tenant as a re:sult thereof being hereby express6y waiyed. <br /> Section 5.03. Ann�,�, 'ntment of Receiver. If an Event of DefauiC shall have occur�ed, ' <br /> Beneficiary,as a matter of right a�d without notice eo 7rustor or anyune daiming under T�ustor,a�c1:. <br /> without�to the then valus of the Mcxtgaged Property or the interest r�f Trustor tfierein,sl�all have <br /> the right ti�ap�1y to any cou�rt having jurisdidio�to appnint a�+e���er.cx,receivers of the Mortgaged <br /> 6�?m�i�rty and Trustor F�r�by irrevocably c�nser�i�to such appai�ifirn�r�t..and waives natice ef ahy <br /> a�ip9ication therefor. A��an/such receEver o� receiVers shai)i�ayQ al!#h�isstia9 powers and duties o`f <br /> receivers in tike or similar cases. � � . <br /> ' c��� ,,,�4, , G3�enFflciary�hail be entitl�:t�to enforce paymec+t and <br /> .���rformance of any Sec�aVed Obligations her�y���e1 to exercise al)righis ar�t1 q�owers under this D�, <br /> �as Trust or u�¢er any_�:�an Documents, ar the provisions of the Nebrask��7rust Deeds Act,as s��m�rv' <br /> enacted or's�lbsequently amended,any other lawrs now or h+u��=��sr in force,notwithstasading some or .: <br /> all of the 5ecured Obtigations may now or hereafter be otherM�_ise:secured,whether by ori�urtgage,deed <br /> of trust,pledge,lien,assi�nment or otherwisa. �P�+either the acceptance a3 this Deed of T�ust nt►r�ts <br /> enforcement,whether kiycourt action or purs���t to the power of sale or oil�er power�hereiro c�r+- <br /> tained,shall prejudice or in any manner affect Beneficiary's right to realize upon or enforce any other <br /> securiry now or hereafter held by Beneficiary, it being agreecl that Beneficiary shalt be entitlEd to <br /> enforce this Deed af Trun and any other securiry now or hereafter held by BeneflGiary in such ortler <br /> .,..,, .,,e,...o.� :t.,�u �n ie�:�hcnt.►rA discreti�re determine. No remedv herein c�nferred upaxg�cH'• <br /> reserved ta Beneficiary is intended to be exclu�ive of any other remedy given hereunder or now�ar <br /> hereafter existing at law or in equity or by statute. Every po+xer or remedy given by any af the Loan <br /> Doc:uments to Benefieiary, or tc�which Berieficiary may(a� otherwise e�titl:.�d, �rsa�Im exercised, , <br /> conr,urrently or independently, from time to time and as aften as may be deemed expedient hry � <br /> Benefiiciary. Beneficiary may pur�ue inconsistent remedies. <br /> The acceptance by Beneficiary of any surn after the same is due shall not ccnstiEute a waiver <br /> of the right either to�equire prompt payment�when due,of all ather sums hereby secured or to cleclare <br /> a defauit as herein provided. The acceptance by Beneficiary of any sum in an amaunt Eess than ihe <br /> 15 <br /> __ _ _ - _ _ <br />