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' , '• __ __. <br /> ... �� .:. • - . _ <br /> . _ . . _ . ..._.+ai�.�a.._-� _ . . -:-_ <br /> .�..+�.�r . ,. . .. . - - .- <br /> �, <br /> "Y <br /> . , _ <br /> ��Y.--�mAl�p�t.<+$ a�sl1"r - ----- "----- --- -_ ':+1fr1.'�.'..�~+�,��7"�_�s- •--.�.,—_ u <br /> . r . ....�. - <br /> �t° <br /> . � <br /> � __ <br />.,_.._i�' .?':^S�'-•=^mr+p•. . - . . .-r.-�r;, _--- ------ <br /> .. .-Y.—ct-'�__--'._ - -_ ./!F'�Ci_:.7__.� <br /> � � — <br /> � ��_ �.a�,o�s <br /> �.._. <br /> �- <br /> IB) Any faliu�o an 4he pa►� of tha Truetor to mast the repeymont terme In rsapect to ihe Loen Agreement end eny <br /> other ulvenc��under thit Deed of Truet hereby�ecured;ertd, <br /> (C) Any Actlan by the Trustor prohlbited by the terme of tho Loen Agreement or thle Oeed of 7ruet or any feilure of <br /> the 7ruetor to�ct a�raqulred by the Loen Aprseme�t or this Deed of Tru�t,each of whlch Truitor hermby agrees <br /> hove en n�iv�ree eiter,t on the f3eneflciery'e �ecurlty for tha Iino of credit enteblished and the righte of the <br /> Be��ficlery In suci�security. <br /> end upon th�heppening of eny such svent of default, Beneflcla►y may decldr�+ell suma secur6d heroby Immediete�y <br /> due end p�yabte by delivor to Tru�tee of written declnration of default. The Truatee�hall hsve the povsier of eale of <br /> the Praperty, And if Berseficlary deafre�the Property 3o be aold,it ehail depoalt w(th Truatee th�s Ueed of Trust nnd ell <br /> promEssory noten end documentm evidencir+ti sxpendliures aecurad hereby and shali dellvsx to Trustee a written natice <br /> of defau{t end electlon to�cauae the Propeny to be aold, and the Trustew in tur�e shail prepore e notice in the form <br /> requfred by law,whlch ehall be duty flled for recard by Truetee. <br /> IA)A�tar the lepae of auch time es may be requirad by lew fol�nwlnp the recordatfon of aeld notice of defauit, end <br /> rt�ticp of defAUtt end notfce ot sats having been given ea rsqui�ed hy law. Truatee, without demand on Trustor, <br /> shell sell tha.Piroperty on the dete and at tha time end plece designated in said notice of sate, et pubtic auction to <br /> th� hiflh'at bidder, the pur�haae prica payeble in lawful monay of the United Stat�s et th� time of �ala. The <br /> prerz4n co�irit��il��4ha ssle may,fnr zny ceuss ha da�ms expedient, pastp�nA the a�te from time to time until it <br /> BhRI!ba c�rr.�rteted end,in avery auch case, notice of postponament shall bo gtven by publlc dectaration thereof <br /> by ouch porzo�et the time end plece laat eppointed for the aele,provided,if the sels is poatponed tor longer than <br /> onetl)�iay.puyp�d the dey designated fn the natiae of 9ele,qotice;hereof st�eil be plven tn the eame menner es <br /> the orl�fnr�l iyt?2Ere of aale. Trua�tea shall execute and deliver to the purch�ser its Dsed cmnvsyfnp the P�apeny so <br /> sold, bu4 wit���ut eRdy corenant or war�anty,express or lmplled. The recitels in the deed ot any metters or ecto <br /> shail t�coc�Cl�Yaive proof of the truthfulness thereof. Any person,includin�8eneficisr�,may purchase at ths aate. <br /> (8) When Tn�nxer�aella pursuant to ths poware hereln,the Trusteo shafl Apply ths proceada of the sals to peyment <br /> of the cost�nnd expense�of exerciaing the power of aele end of ths eele,inciuding tha peyment of the Trua4ee's <br /> fees ectu�lly�tnrurretl. which Tru�tee's feas ahall nat in the a�grepate excaed xhe followi�g amount baaed upon <br /> � th!�amcJU�",��tn:red hereby end remaintng unpefcl;6 perCentum on the first d1,000 thereof, 1 parcentum on the <br /> a"a�Rin��v i iix'�:�.'��.has�2hC l2��la!ss aut�es_ar'_�h!G!4�th,+erder thers stated. <br /> �C)ASt�r ptyltt�;f�►1A itema spsciiled in subparagrsph(B)if 4hs aele la by Truste�,or the proper court a��3 other coets <br /> of foraclosura�nt�'!���!e if th�sata is purauan4 to judicfal forectAaure,the procseds of�ele shsil be ep�i3grl ar�the order <br />' atated to th�p�p��tc�mr��ot: <br /> p) �oat of any evidence of title procured in connection with auch aa{«and�f�erey f•akersue st;amps�; <br /> (11� A!�l.�ums the tecured hereby; <br /> (IIF� Ti�q remafnder, if any,to the peraon Isgolly entitted thereto. <br /> 13. Dudns�rrd ObMp�dons ot Tnat�. (a) The dutfes and obligatfons ot trustee sh�ll be determined snlely by <br /> tIH OXpnss pra•rir�ivris oi i��s^va:,��4 T:u:.and TrusLC��h_!�!!^t�!!'li�hiw*xcwnt fr+�thw nwrinrmJ�rtr.6 of:UCh dtltlQB _ <br /> and obiitiatiana aA:sre spactfically set forth herein, and ��o implied covenanLs or ubUgMions shaN be imposeal upan <br /> Truatee; (b� �Na pl�ovisions of this Dsed of Trust ahsll requfre T�usiee to exp�nd or risk ite own iunds,or otherwl�se <br /> incue�.ax�y finanr.ial obiiyation ir�the pertormenae Af any of its dutfes he�aundor.�►r in the exerciie of arsyr oE its rl9hts <br /> or power,if 6t ah�ltl hAVe prouRds tor belisving that the repayment of euch tundf or adsquate indemn�k�e m�sinst ruch <br /> risk ar I(aMtityf iA rr�ruceasonabiy asturad to it;(c) Trust6e may conkratt wlth cau�ssl of Its o►wn choa�ing end the advic� <br /> ui tuCh cou�ieEil,i�.f.�r�'tl b�fuU�nd complete��horization and prote�i'ron(n tf►e roapect�f eny��+�n t�kan ur sutisred <br /> by t�.ti�r,wnder'ta��ood faith end rolisnce tt�breon;ldt Ti�,�at�e shNl not bs If�ble for.any actiora tak�a:by�t in qood feith <br /> . and�.ea�so�Ably.#�elisv�d by it ta I»authorizsd oR withtn zhe discrst�on or riyhts ae�d powen confsrt�_!.Mwn It 6y this <br /> � Desd bf Truat. � � <br /> 14. Additfan»�1 S�tY In��ts• �'ruator,mt its�ttpenae, wlll executs and deliver to the Trust�a,promptlY <br /> upp�dsmand,Ruci�wcurity instrumenta as may be required by Truntee,in twm�nd aubst�ncx+actisfretory to Trut�, <br /> covaring any of�u Propsrty conveyed by thts Deed m4 7'rust,which security in�trurnents�hall b�sddtLbnal�rity <br /> tor 'T�uetor's f�id1lul perform�rice ot sll of the terms, covsnants and condifenno of thla Deed of 7�:c��t, the Loan <br /> Aqr�nt�enyq�romissory notes sacursd hereby and any other tecurity inatrur�n�ents axecutsd in conr�ct+on with thia <br /> tr�n�action. Se�A:h Instn�ments�hall be necorc9ed or flled, end ra-recorded and refiled, at 7rustor'a expense. <br /> 16. Mlacolltii�wu�. <br /> (A) In tho �vanD�sny ane or more of the provisions contain�d in th� Qeed of Trust, or the Loan Ag��ent or any <br /> prorniaeory�r.ot+, or any other securit�+instrurt�nt givsn in co�nect3an with this t�ana�ction,�shs+��'�r eny reuon <br /> ta bo hinid'L�6e invalld,filepsl or unonforceable(n any raspect,auch invalidity, flissalfiy�ur unenicac�t��bility ahall, <br /> at ttw op�iota.�of B�r►sfiauy, not iHnct any otha praviafon of this Di+ad af'Pru�t,that t'�ea Deed of'f►uat shall be <br /> conetcuod��H If such invslid,flipd or unsntorc�abte prov6aion had ne�ver be�n cont�Ene�i�erein or theeein. <br /> (B) Thfo E�ud af 7rust�hail be con:trusd according to ths lews of the State►of Nebreska. <br /> (C1 the l�od�tl6 7rust thall insure to and bEnd ihe heirs,lega2ees,devisees,edminist�atars,executars,succesaors nnd <br /> aasigno o��ti�e partiss hereto. <br /> (D) T�uutor ahn11 pay all taxes levied upon this Dsed of Trust or the debt securad heraby,together with eny other taxea <br /> --=�s�.. �.,...�.n.�►,.drlar nf tha 1.nan Aare�ment <br />_ Gf 71IIS9IIBIO.OflT�YYI11CI1 mey De ivvivo aaairi8i ine i Risiva'v7 vv�.�v�.o.Q.i••, •••�•-o�..._.�. _. ---- --_ „ <br />- on aaaou�ts of the Indabtetlnmss evidence therebY. <br /> (E) Wiwnuva�used herein,the�Inguter numbor shelt include the plural,tha plural.4he singulAr.ihe use of any gendar <br />- shuU Iw��plicebte to sll�endera, and the term "Beneficiery" shall Incl�sde any payee of the indebtedness hareby <br /> secut�ad�fr:ny tran�fer thereof,whether by operation ni law or ntherwise. <br />- 18. Santa�aar Tn�tN. E3eneficiary maY from time to time subat(tvta e succeasav or auccessora to any Trustee <br /> nemod huTefn or actinp hersunder to execute thia Trust Dee�. Upon suah appointment end without conveyance to <br /> the sucaonsur Truitee,th�Ietter sh�IO l�e�eated wfth eti t(tle, pawers end duties conterrod upon any T'rustee herein <br /> nemod n�uatin�hereunder. Eech such app�intnient or substttution shell be medo by v+sritten inatrument b�BenMiclary, <br /> containinU�nference to th(s Q�ed of?'rr�st and Ita place uf recor�l,v�hlari whsn recordad in the office Qt 2he Refllster <br /> ot Oeedu oF the county or countias in whlch setd qroperty is situsted,ahall be conciu:ive proof of proper eppointment <br /> of thu euccessar Truatse. The foregofng power of subatitution end ths procedure therafp[e shsti not be excluefve of <br /> a <br /> 408•3 <br /> 9194 <br />