|
;.arr�.s++� :. .. _: _
<br /> �� � _ .
<br /> -------------�-- . _. - _
<br /> `rn�t,�_ . . . _ _ _ ' �°-�--
<br /> -m_ ,......�:_�
<br /> ii1��v.��_�.....,� �...._...._.e. - —_ __ —_ —
<br /> (e)The oale,transt�r, lea¢s,ag�ignment,conveyanCe or turthe►anCUmbranCe of�I!or eny part of or any Intere3t in the
<br /> (�ra,��Ry,oS�h.".Y�II!Ilfll°'.Pllv or Invo!untarily,wHho��t the axpress wriridn cc►nsent ot Lendar,provldad lhet Tru�tor ahall ae pernit-
<br /> r�ssJ to exxuzo e Iness at tM F��operry that dona rac contain sn apUon to purchaso anci tlie term o1 v�hic►�daas r►nt axc���i aim -
<br /> yrKr
<br /> (q Ab�ndorwnsnt ot ttM Propeny�a
<br /> (Q)II Yruttar(e not en Individual,the faauancs,eab,tr�n�t0r,asslpnment,oonvel►Ance or encumbrar�cs ot�nore tt►�n(If�
<br /> pxppnp�on)�bW d pKwnt of fts lisu�d and amurxlin�stocic�or(II a partnershlp)a total ot per.
<br /> cr�nt ol paKn�rehip Int�nsb,a(if a Nmited il�b{lHy Mrt�p+�M►)�toW oi Percent ol ths NmH�d lI�WIRy�•�
<br /> �r,�lrN.erc-h�or v�►Hrr�►lM►t�clur�ng tha period thla[�d of Trust ramaina s 11en an the Pro�rty -
<br /> i�.p�������pNwff,t�tM evsnt ql�ny�vNtt of nefeutt Ler�r rnay,witiw�i noilrs ex..opt s�a r;�u1+::+1�
<br /> Dy law��n dl kKkMscinse�aecumd hsroby 4o be dus and P�Yable�nd ths sams eheN thereuPon become due and p�►y�bls wNh-
<br /> out aay�an�ntm�M�d�mand,Protost or notica of eny klncl.Theroetter i.sixler mny:
<br /> (�)Dem�nd thet Trustae exe�cbo ths P01NER OF 6AlE pnu►ted heroin,and Trustee shatl thereaRer cause Trustor's Inter-
<br /> sot In the PropeAyr to be eoki and the proceede to be d'at�ibuted�eN irt tl►s menner provided tn Me Nebreske Trust I)ee�b Ac1;
<br /> Qb)Exe►cl�e any and all riphts provkfed tor in any of tha Laan Inatrumente ar by law upon oavrrerx:e o1 any Event of
<br /> i?steuN;a�d
<br /> (o)Cnnxr��ce en sction to faecfoee 4ida Oeed of Yn�at ae a rnortpaga.eppolat e rocs3var,or spectt�ally eniorc�eny d the
<br /> t�otren�nte hsreuf.
<br /> Pb�smrFdy hsretn conterred upon or reservsd to Truetee a Lender la Inta�ed to be exclus(ve of any other remedy herein,���'
<br /> InettumRntn a by Isw p�uvfded or pem�►tted.but e�ch ahaN be cumui�Nve,shell be In additlon to every other remedy given
<br /> In the I.�san Inatruments ar now o�hereafter extetinp et law or In equtty ar by statute,�nd maY be exercfsed coa�cuReniy,k►�ependc�nry
<br /> o►euc�t+shr.fy.
<br /> r3.TrusfN.'R�Trtise�e mrY rotbn at�r►Y tkn�without cauae�snd L«tdsr m�y at�ny time and witl�aut cauee�oirM e suc-
<br /> c,�eaor ar subetiluM Truatee.Tnialee eMM not ba W�ble!o eny Pa�l�tndud�9 v��Hmit�blon Lend�r�8orrower.Tru�br at einy pur
<br /> chaser�t tfis PropsRy.for eny bsa or dertu�pe ur�iese dus to rtla�es,s o�wiii�ui rr�scaas�uct�cr�!�r�o!Lne r�'Ha�or e���which -
<br /> in comxection witl�N►s eMorcem�nt ollhta Deed d Tnist unless k�emniHed,irr w�dng.tor atl costs.uxnper►sa xpenses
<br /> may bo associated therewith.In addilion,Trustee mey beaxne a pu►chaser et my sale ot the�P orope N��m�wtwb e�or M �
<br /> eale pr�raed hsrek�};posq�o�e the sale of al!or any Po�tlon d the PropertY.es p�ovlded bY
<br /> s�puRhe pioaM or bts at Trustse'e d3scretbn.
<br /> 14.F��fd Eacpenws.In the event Trustee seMs the Prap�eRy by exer�isa oi power of sale,Trus6ee c�heN be eMilhd to aPPyl
<br /> eny aa11f proc�M Rrst W payment of aN costs and expenses of exercising power of sate.Inckxing all Tasiee's leea�anti Lender's end
<br /> Tntsee�'s attorr�ey'o tees� actuallY kicurred to extent pertnitted lty ePpltcaDle law.In the event B�wt+nwer or Trustor exe[cises any ripht
<br /> provlder�bY law to ax�an Event d Detault�Le�xier eF�dl be entided ta recover from Tnutor all costs end expenses actually incumed as
<br /> a resulc r�1 Tnistars dsfauM,lndudinp wilhout limita�on all Trustee's and attQmey's lees,to the extent permitted by appYceble low•
<br /> i6.Fulun AeM�w�as.Wwn request of 8orrower,Lender may�et Hs optbn� make additlonai and tuturo advanceg and read-
<br /> vanceA flo Borrorrer.Such advencee and teadvarxes�wNh interest thereo+4 ehal!be sc+cured by thts Desd ut Tn�st.At no Wne ShaN the
<br /> pdncipal'art�ount oi tAa kide'r�tedneas secured by this Deed of Tntst�not tndudirg svms advana�d to protect ths eecurity d ttns Deed of
<br /> �`- y-- �.-'-�!:,sr^�..,,xs2°•..�t°a M._s�n.nr� .wt�ic:ltievor is$reater.
<br /> �tusi�n�>ii:eou'u�o��.���'• -
<br /> (s)B�or�a�w�Not RN�d.Fxtensian at tl�e Ume(or paymant or modificaUon ot amootisstlon of rttoe sums secured by thts
<br /> �Ueed M Tnut grinCai bY La�der to any►sua+essor tn interest of Borrower shell not operate to reteese.�n any marner�the IisbiN-
<br /> ty oi tha aiqinei Borrower arxi Borrowe�s suxessors in interest.Lerr�ar g!►eN not be requfred to canmsr�ce�w��
<br /> �rqek�et such sucoes+�or a�luse to extend tims tar payment or atherwlse rraditj►emortiietbn d the swns eea�ad bY tl�fa
<br /> �Jesd W Ttust by reaeon d u�y/tiamends anade by the oriyutial Boreower a�d Bonnwe�'s�uccessor�in iMereet.
<br /> (b)LM�dK's f�orw►s.Withaut etfedin9 ihe Nab�lityr of eny Wher person liaWe tor the palmwnt oi anY oblipauon M�rain men�
<br /> z• Stforbd�snd wilhout atbcticg the liar�or d►�r�e of tl�is Dead af Trust upt+r�any poRbn of the Propeity rat C�e�or thereM(ore
<br /> �� rekaesd as sACUrity tor the tuN err�ount d eN unpeid oqlipatbna�L�r�er�may.fran tkne to tlme an�d wiMwut notice(i)rolseee
<br /> rany►pe�on eo uaae.(ii)extend the maturity or aiter any of the tertns o9��such obUgations�(tih 9rant other k�dulpences�tw)
<br /> �e���•��r!x�nwey,or c.�!use to ba releassd or reeonveyed at any dme et Lender's opUon any paroel, po�f�n or aq d 1t�
<br /> !P�opoAY.(v)tako or relense any wher or additlonal securitY er recaweYed at any Ume at�end6rrs option anY�amei�P��
<br /> ��tl of the Pre;!�rty�(vi)take or release any other or additional securiry for arry obNgati�on heretn mentfoned�or(vi()m3lce oomPa
<br /> : aitiont a olhsr artarpa�►s wNh debtors in cataUon thereto.
<br /> 'n� (c)FurbMranos bf►��nMr Not�Waiv�r,My forbearar�ce Gy Lender in exe�isin9 any rigM or��amedY herounder�or oth-
<br /> - ,�y�N���j�,,,�qi((�tC�s a wa&er of or predude 3ha exerdse of amr such dght rx nx�'�edy.77�e procure�
<br /> rnent of �af*�I othsr liens or charpes by l.�nder shaN not be a weiver or L.a�dePa�htto aocsbr-
<br /> >> �ats the the I�/IAt•twll! bY Mis Deed of Trost The cove�nte end e�nesrt�Ms�eretn oon-
<br /> " �� 11lllb AIM�[E+�.'�k and S�wr�i 61�bpity:CfptioM•
<br /> sholl Inure to,the respeciive suooeasors eM1 esai�nd M La�Ws�end Truslot.M
<br /> qoven�nhs�nd�reamente of Trustar ahail be jolnt and several.The c�,ptia►s arxf headinga of tlw palrapn�pM oi tl�is Oeed o�
<br /> Truat ars lor oonvsnience a►IY end are not to be used w intarprot or doftesa the provistons heroot.
<br /> ce)p�q��t ior tiutrc«.Tho sssr�es r�ereby►request that a copy ot�ir�►ratke of defauk harsw�der aia a oopy a any notioe
<br /> of oale herew�der ba mailed to each party ta tMa Deed ot Tnist�t the address set tord�alwve in the man�er praecM�ed bY
<br /> e�p�licabt�I�w.ExceQt tor any otl�er ratice roputred under applicable law to be given(n enoU�er manner,enY noNce Provid�d tor
<br /> In this Deed of Trust sha8 ba Qtven bY eee�iliray such noHce bY CertiBec�Rnafl addressed to the other petties,at the addreB9 set
<br /> t�a►�ove.qny rwtloe provided far k►this�ieed ot Trust ghaU be eftg�tive upon mai8np In the m��nar desiynated herein. If
<br /> T�ustor is moro Nan one person,notke sen4 ta the address set torth eban�e shaN be notice to eH sucta�ersons.
<br /> (�M�P�etion.Lendar may make or cause to be made reasonable enMes upon and fnspect3a�.�•o11he propeRy,provkldd
<br /> that Lender et�all Qhre Tn►s1oT r�otice prbr to arsy such inspection spediyt�9 reasa�aWe cause therefor related to Lender's inter-
<br /> est tn the Property.
<br /> �Q?p�y�fa•Upqr�payrtnent o4 ail sums eecured by this Deed ot Tnist.Lender ehall requtrsi Tn�stee to r000rwey the
<br /> property ancl shan surrender thts Deed a1 Trust a�xl ali notes evidancing 6ndebtedneas securod`�by����T�st�tOr
<br /> Ttuil9e.Trw'!aa sheM reoonveY Ihe ProperiY,without waRar►ry end wiitaaut charye ta the pe�BOn legp 1
<br /> shaN psy sN coata or roconin.tion,�eny.
<br /> � (h)penawl p�ty; Ser,urityt Agrsemeni.As additional securHy far tha payment ot the Nate,Trustor hereby�rents
<br /> Lender under the Nebrnska UniOorm Conxnercisl�ode a securiiy interest M ell flxtures�eQ�ipment,and Mher�ecs�nal ProPe�Y
<br /> us�d in oon�tion with the real estau or imptaverrwnts loco!sd thenun�and not otherwbe d�tarod or dsMrnd ia be a part ot
<br /> the real ea4ate eecured he�'ebY.This Ir�trumerot shall be ccx�stnied as a Securiry Ayreemer�t under said Code�arod the Lsrider
<br /> shaN have afl the riphts end remedies d a secured PadY under safd Code In ad�6tlon to the ripMs�nd remediea ur�der thls
<br /> • ---�.�._...�... �,�....W...�u�„�w�.,n i�e�s�ohts an�1 remadies under any oUier securitf►a9ree�
<br /> � pUfB�J�A�6f1W�{R 4LttiYlallt�o mur�c�n....•.v..��.�.._.___"_ •—' � __
<br />- �;�erN eiyrosd by&xrower or Trustor.
<br /> (q LMtes��d Et�cumbranc�s.Trustor hereby wa�nts and represente that 1i�ere�s no dofauiF under fhe provls{au of eny
<br /> morlpeQe.deed uf wst.tease or purchase contract describi�9 eH or er+y PaR of the Propetry.ot other c�t�t�act.Instnxnent or
<br /> a�reert�e►it conadtuting a Ilen a oncumbrance a9alnat a�l or any pan of the Properry(collecth►eh��"Uens'►. exlsUng as ot U�e
<br /> date M�hts I?eed of Trust,etxJ that eny and aU existing Uens remain unmodified axce�t es disck>sed to Lender in Truator's writ•
<br /> tan disclosuri of Ilbna� and encumbrances provided for here(n.Tr�stor shall timely pe►form alt ot Trustor's obUgatione,
<br /> covenante,reproeentallona and wer�enties untNr eny and eH eziatir�y end futuro Uens,shefl Promptly►forward ta Lender copiea
<br /> d dl nWfcer d dstault s�nt fn axx►ection with e�Y end all exisdnp or tuturo Lfens,and aha11 not wkhout 6erxier's ptior written
<br /> cranesnt In erty men�er modify the provlebns ot or allow any tuture�dvar�under any extsting a tuturo liens.
<br /> U)��,a P�Y�a.Unleae othen�iss required b1►law�swm pald to Lender hereunder,Indudirp without Imita•
<br /> tion f�eYm�nts a Ixu�p�l ar�fntorett�Insunrnce proceedm.�ndemnatton proceede and rents and profita,shaN be applied by
<br /> l Lentbr 10 the�mounis due u�d owkp irom Tn�etor aod borrwksr fn such order es Lender In ita saie di�aetbn dsems desk•
<br /> e�Dfo. law or Ia dec�tared knraNd or otherwiae unon•
<br /> . (k)6ov�Nltyl•tt gny provh�{on M thlf Dsed of Tnist ConRicta with opPUcubie
<br />
|