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<br /> , � ' 8 EVENl8 bF A�AtJLT. My nRbr�ii6irii��shaU bt d�teed an evert af defaait hereunde:: �- . <
<br /> :F ` (�y fi�w�raha1l�wfaiiMltan�l�ep�rmetitaf+uUiiei�a�tot'udere�Pp�iDs�.urt�'+P��uedinkeatar�uy `� ' •
<br /> � otIwr wuw s�c�ud hrnbY wlxn da�a� . . � . .
<br /> • '(b)lfwerls�ooc�e�Edabcel�cGotordefanftunder+y►yteem.oaveaanRa�ee�a��condition.pmai�an.reperaeatation
<br /> ae wYSastit doeyi�d in any oEthe/+o�o[aiio�uma�- . � . ` , .
<br /> ` 3Q. AOCE�.ERA'1'ION UPON DEFAULT,/►�DTi'[ONAI.REMEDI�S Shnvld anevene oidefatiltoocurBeneficisry ��z_=_—
<br /> - � ma,y decln+e�11 indeb�naw se�vred beieby to be due and peyable aad tlie�ame ehaU thaeuPoa bemme duesand payabie �� �..s --
<br /> � rvitheut aay Pc'eAentmeM.,demand.Da�t ar noticr of anY tind. '1'I�ewaR�BeneficiarY may. . - -
<br /> witharwitt�outbrin�in�a�yactionape+axedi�g. Y PPo Y ' � --
<br /> �. li?6itberinpwsQaotbS►a�ent, or6 arenzivera inted6 a000rt �``+ � �—
<br /> ` andwit�wufre�aidtofbeadequacYflfitsaacutita►.eatauponandtakeP�notthe75ruttE�tat�aeanyP�t1}ereof.in ..-� �,..r
<br /> --- ------- - itoo�vnt�ea�iatheauxotTku�enddosn�tachwhichitdeansnece�a�Yaede�tabktop�ervethevalu�marl�eG �,.��` _ �,r�-=
<br /> aW"btit ae ieat�ih► d the 71�wt Eatat�a�P�rt theaof or inteseat therein.inceea�e the ineame tUe�efirom or Protect the {�-�`,=,;z-:
<br /> -- s�ritY�f and.with ar without talon�P�of the 7}ust F.stat�aue tosa atheuvYiseaollect the�ta.i�uesend .��-z���.^
<br /> � pe�dSt�thasc��ncli�dini��P+�dueandtuspud.a+idaQplYtfie+amqte�aals�ndeiPM�ofoperatio»andcdl�c6on .°= •=-`=..-s,•.<<.,;
<br /> _ jl�jpajJl��plJ1f�1'rM�.4p�A illy�JlaE�!!�IlAY�aCllrlQ haeby.a11 u►snch orda as Batefictary+neay determina The �. . . ,r- . -�.
<br /> � aot�tin�apat and talon�Dr�enioo oltlx7�uK F.qate.the cdl�tioa ofsucb rents.iarua and profits and the�pplic�tiun ;_-�':''�*'a��.�,:�--
<br /> . tl�eeedafafo�aid.shaUnota�eacwaiveanYdefaultosnotiaotdefaulthereandeeoriavalidate�nyaatdonein�espoaoe .`�=`4,J<-=.�-
<br />" ` ta�acbdrtauleaepuesuanttoaudinotioaofdefsaltand.notwith�tandiaQtheiwntinuanaeinyawe�rion�the75rustE�tatq ' ": ,.�; :-�--"?��'`•- _
<br /> �A ;-.ti.,
<br /> t �or tb�ao�i�inn�r�ofip(t srd aPPlicat�otreats,i�sues ar pcofits;7�atee as Be�a6ciaryr sha11 be enHtled toeue�ae evay :;�-�,sL�,y-.���°;�:_�
<br />� � ri�bt pcovided far in sny of the Loan Inskoments or by ta�r apoa aocunra�a ot�nY event of default,�nclndia6 the ti�ht to : _ ... _
<br /> � aca�we t6e powrar ot� ' . � '.":�.�''�" '. -�
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<br />- • �a... Cu)Cna�eaR�a�cponmfarecb�etbisl?eedotTkwtoe ruort�a�ABPPa�stseeoeiva,otspeaficaUYwf�'ceany►ot r.=y._;-, : ��
<br /> � �ODY���IQ� - .r.. ��
<br />� ' (ii� D�IivRoo�nrteeaweit�adeelaratia�ofdefi�nit�ncldemandforssl�anda�rritttnnaticeafdetadtandelection . �',��Y
<br /> � to qiwro'il�wtd�ustac�t in the 71wL Fatat�to be ioTd.wrhich notiee Tn�tee ihall cau�e ta Le duly filed for Y+eaord in the ` _
<br /> " -r �ppeopeLt�Of�icid R�ards ot the Ca�nLJ►ia which t1►e'[tast Estate Is tocate� � '
<br /> � �:` li.�I�ORECI�OSSURE HY POINER OP SALE. 3twnld Bene6dari��faerlwe by e:e�ise of the Power of 3ak � �� ` �'��
<br /> 0
<br /> = her�in cnntained.Benebdary►iha11 notifY 11n�tee and abaU deparit with Truatee thi�Deed o[1�art and t1k Note and�uch - .'_:=',
<br />� '� �oelPti aud svida�e of e:perdipua made snd�cured baeby a4l�wtee maY iainin. - E._ .-
<br />' - �. ' (a�UPuu reaeiDt ot�uch rwtioe from Beneficiary�24wtee sball cawe to be zecorded.Vubliahed erid de}iveced toT�rartne -
<br /> _ ' .}�*,�.' - ntcl►Natkae af DdaWtard Notioe of Sale a�theu ie9nireci by 1aw and by tbi�Deai of Tiv�t.ZYurtee ihaA.without den�d. � �;: -
<br /> �-:;:�;;_ - � ,.t .- : ,.. _.
<br /> �.•�:•., - . on'�4ustor.Jterrnchtlmeasmaythenbee�eqyiredbytawaadaRer�eoo�dationafruchNotiteofDefaWtandafterNatiaeaf � ,-
<br /> � 3�btw�iuibm�►venasreqtd�edbylaw,aellthe75ruseEstateatthetimeandplaceofsel�fixedbyitinsuchNoticeof�al� � ,._� `,_':�.`�:�'
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<br /> : -- l;:-Y � . , dtba eia a whot�or in seperate lats os parceis or items as'I�usteeahali deemexp�erit,end in sach ordes a�ii may det�r- ' - , - r ;�
<br />' . _:••�� • mine.atynblicaucxiontothe6ighestbidderforcashintawt4lmoneyoftheUnited3tateapayabteatthetimeofrele.'hvetee' ,fc`�,, •+�,,,s�-
<br />• sbaDdeliverwaucbp�rarp�eba�eratheeeofitsgaodaadsc�3'icientdeedofdeedsconveyingtTieproPertysosoW,but . `.3. ..._.'
<br /> � - � vvit}�w�t any covenant or warranty,espresa or imPlied.Tf►e re�Ts.in auch deedof any mattets or facta shall be oonclusive .• . • '�.�: • -
<br /> T•
<br /> � pmo[ofthetiathfulr�sthereu�Anypetgon�inctading,witha�fv�itatian,7'snator,llvstdeandReneficiary,maypurchaae • ' �:.
<br /> ' .-: - •'�` = at aqch aale and'1lruski*herebY aavenants to warrant and def�sd the tide of anch purchases ar purchasera. ' : ' ':�:�'-
<br /> ::':;':";�, :.:•'< tb)As m�Y be P��1ri►law,alter deduc�iu8'huetee F¢ea in tbe amonnt of .ZSruatee ahall apply tHe _ a
<br /> = •• prnceedo of tbe sale in the foAowing order. (N to all neasonable c�asta and expeneee of the aai�includin�but not Wnited ta� ' r _
<br /> �:�'���-::•.�;: tru�tea feer oinat mar�e than 1/2 af 156 of the Qraw raleP ptia�reasonable attorne�+'a fcee aad oo�ta of titleevictenc�(b)to a1� .-.
<br /> . �aewred bq thi�Aeed of'Peua�tc}to the psyment ot 9us�or'i�t DeeiTa.mo�tga8e�or dher lier►hoWerr aucl(di�e {
<br /> - _ balanc�If eny.to the per�on or per�ona IPgalty entitled th�eta � �.� '�'` ��'� .
<br /> ' (c) Tn�stee may in th.e manner pmvided by law.paetpone sate of all or anY Po�oa of the 7Yuat Estate. } :`;�,,,;� ��,:
<br /> ' 12 REMEpIE$Pi0�1'EXCLU31 VE.Tn�stee and 8eneficiary,and each of thecA,shall beentitled W enfurce payment � ,° , .._.
<br /> ' • � and performance of any indebtednese as abligationa secused he�by and to exercise a11 righta and poweia undes this Peedaf '' ' . � . � '�
<br /> • 7Yurt or under any I.oan Inatrumentor ather n[creement or any lawa now ar hereafter in foroe.notwittistanding some ar ali F .
<br /> � � af the auch indebtednewi and obligadons secwed hereby may now or hereafter be othemise secured,whether by mortg�� E , „ , �
<br /> � ' ' - ' deedottnwk�ledBe.tien,asaignmentorotherwiae. NeithertheacceptanceofthiaDeedoiT�astnoritsenforrementwh�k�r. � „ �; _
<br /> , . by oo�ut sction os pursuant to ehe pnwer af sale or uther poweix herein contained,ahalt prejudioe or in any manaer affect �
<br /> � � - 'M�atee'a or Heneficlaey'e rigbt to realize upon or enfi�rce Any other security new as hereafter held by 7lvxteeor Aeaefidary, ! . , •�. �
<br /> • `" `' it bein�aQreed that 75vstee und Henrficiary,and eacb af them,shali be entitted ta enforce this I)eed uP'[Y�t and any other � - ; . .
<br /> � security now or hereafter held by�ieneficis�ry nr Truatee in such order und manner as fhey ar either of tk�,r�may in their �.
<br /> abaolute discretion deteTmine. Na remedy herein a,nferred upon or reaerved ta Tnsstee or Heneficiasy:a intended tb be �
<br /> ' � ' excltt�ivt of any oth�r remedY herein or by law pr�rvid��d ur permitted,6ut eurh ahall he cumalc:cive and s.�sa11 be in addition i - ' •.`j;
<br /> W evesy other remedy given hereunder oi now or hereaftes exist9nK aL law ur in eqniky ar by statnte. �r ers°power or remedy E ,i;;.:'.:',c.��,.i,
<br /> . . �iven by anyoYthe I.oan lnstrumentu to7Yustee ar HNnufutiary ur to whirh either uithem may beotherv�-ise�ntitied.maybe � ,,�;;
<br /> � � exerclred,ooncurrently or independently,frori�Nme to tirne and ab often as may be deemed expedierct!�"3�ustee or Bene- I _�:,3�=,
<br /> � flciary and either of them ma puraue imm�siatent remedies. Nothing herein shall he c»natrued as proFits.ting Beneflciary � ... . ..r:.
<br /> � � � � from eeeking a deSciency iu�ment aKainst the Truatns tu the vxtent aucb ucti�m ia permittd by law. ' ..�r'•
<br /> � " � REQUFSTFORhUTICF..Tnist�rherebyrequestes�copy��Panynoticeofdefauitandthatanynoticeofsakhereundes �' : ,� .
<br />' • be me�7e�f�it at the addres�a set f�jnh in the fir�+t ps�raysruph o�tliib lkecl uf Trust. ,
<br /> � 14. C�VERNIICG IA W This Uced of'Prust shull he govemed by the IaNS of the Sts►te��f Nebraska. bn the event thnt � - .
<br /> - any pm�ision or clanse of t�ny uf the le�an lnstru,a�ents conAictfs with s�pplicu�tb laws,auch con0icta shail n�,t affettothes �_ � __
<br /> . . � � pmviaian9 of aueh Lvan In�tn�menw whinc�an 6e�ven eftc�t�vithout the cunl]ictinN pr��vieion,nnd to ihis end ti�e pro- i.
<br /> • :;..��: visiat�s of the I.oan lnstrumenta ure declared w be yeverable.Thiy inatrument cHnn„t lw wpivrcl,rhAngecl,dlschasged or :
<br /> terminated oraliy,but nnly hy��n inatrument in Kriting��ned hv the pnrty aRsiinat whn�»enf�>rcement of nny waiver, ; •
<br /> �,. change.diecharge ur terminntiun i�aaught ' . •
<br /> � - + , 15.RECONVFYANCb:IiY'PRUfi'1'F:F.. Up�snwrittenrequc�tt��iNenefictiaryetutingthutUllsumasc+euredherebyheve : : .
<br /> '!'�. • been paid,and upon aurnnder nflhla Ikv.�d uf 7Yuse and the Nnt�tu Truatee fi�r cancellutiun s�nd retention und upnn pay
<br /> � ment by 7�vetor uY'!'rugtee x treH.'fYuatre shidl rra�nvev toTrust�r.ur the peraun��r�erauns le�;idty entitted thrreto,withaut ,
<br /> � . `.;,:,'_;:� warrantY.any porlian uf the'Pruat F�tute th�n beld hereunde�. The m��ltula in r�uch recv,nveyt�ucv uf unY mAttrrg or fect�
<br /> ahalt�canciu�ive prnnf of the truthfulneaa ehareuf. 7'h�jtrc�ntee in uny r��•unveys�nca may be dee�ctiil�d ue"the person or
<br /> . persona Icgally entitled thrreto". � .
<br /> � � i6 N077C�S. Whenrver lianeficiury.'1'rusd�r ur Truatrr s�hul!desire to�ive ar aerve auy n�tice,demHnd,rnquex!or ,
<br /> � oLheicammunicati�n with respret to thia lktid nf'I'ruat,ruch�ach nulice,demau�l,requeat ur�ther�v,mmunici�tion r�hNfl b� .
<br /> ,, � . . ' in wrif�r:g end shal!he effertiva�mlv if thr yam�i�d�•liverr�bv pen�unul M�sviee�.rmt�il�ul bvi cenifiEV!tnuil.Uuytay;r prepaid, . :
<br /> - - - ,. - teeumrviceiptrequested.addrex��vlt„thruddre�vai�t}i�rth+�ttl�elu•�,ryntiin�;nfthi�l)e�yli�f'1'ru.t.An�'pt�Av�nuyatthiatime : .
<br /> . ', � chsnge lte uddreas fur�urh nuti��v bv delivering ur muilin�:tu th�•oth��r pnrti��h�retu,urr i�f��reai�td,a nntice of surh ehange.
<br /> ' 17.�ACCEP7'ANCF liY'PliUS'I'EE. Trustt�r iu�crpts this'1'rust when thiy Uc{KI of Trust,duly exrrutttil a�nd ucknow-
<br /> • I ledged,ie made a puhlir rerord i��provided by l uw. ,
<br /> � '�`� 1N N11'fNESS WH�R�1)I�.'1'�ustor I�ua extr�utcvf thia heeci of'Prust.���t thc�iuv a�td ye�r 6rst ulx,vi•written. •
<br /> • - ' ��._� '�RUg7'tiE. 9'rusteN, ucre•pts thia 'Pruat when ehir� Ured uf '1'ruHt, duly execuled and urkn��w• � • .
<br /> ----- --. - --_,_ ledged,i�made a Pnblic rrrurd a�pr„videci by luw. �
<br /> ; • . 1N WI7'N�SS�YNkR�AN.'1'rustur hiu+ex��rutrd Ihis Ueixi iff'1'r� t:�of the v und yrur fir�t al,uve wriuen. -- --- . - .
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