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<br /> � (g� Any faiture on the p�rt of the Trustor to�eeb 58cu e�i�nd,t�ms in respect tc the Loan Agreemant and any : t `' I --
<br /> other advances undet this Deed of'f�ustthe term5 of the Loan Agrsemant or this Desd o9 Trust ar any faiturv of _
<br /> (C1 Any action by the Trustor prohibited by _ �," �,y-
<br /> tha Trustor xo act as�aqui�ed bY�e�an Agresme f'o�fo J the/Re fofr credit estebl sh�ed and thehng�hts os�e i . -•s-
<br /> ' E have an adverse af4eci on the �eneficiary's secu tY •. .,�,,,
<br /> , BeneftciaN�n such security. t.•.'. . � . . � ..
<br /> e ha ening of any such evertit of defauft,Beneftciary m'L d���Trus'tee shall have therpower of saleeof , ,,,,�'t, �. , -
<br /> and upon th PP _ _
<br /> " - due and psysbte by d��iv�to Trustea o f wri tt e n d e c t a r a ti o n o f d e f a u
<br /> ' the PropertY.and'ef Beneficiary desires the Property to be sold,it shaH depusit with Trustee t his Dee d o f T ro s t a n d a l i ,
<br /> isso notes and documents evidenctng expenditures securee TN�89 nn turnfshatl prepare a noti�o�in�th9 fo m ` . . . ,•.,
<br /> pram n/ •..
<br /> of defauit a�d election to ck►.�Se thB Properry to bs S°�Trustee. ---- =-�- '
<br /> � required by law, which�h�1�e dutY'�ted for�ecord by -__- 4 y�w c,.' �-
<br />" � After the!�se of sudt��e ������required by laws oelo�wied yelaw,Trustes�without d ma d on 7ru�stord. _ .. �..l:`h,�� .-
<br /> IAl _ ,,__�
<br /> nouce of default ar.d rtanc9,of sd�having been given a a . .•. =__�
<br /> at public auction to ,_ ;
<br /> � ;fia11 sall the Propeit'f�!�-�a��.�rd at the ti�e and place designated in said notice of sale. , „�J�_ '
<br /> , �ve hi �eest bidder, �''�vrchese price pa11&��'� ������� money of thc�Ur►ited States at the tir�����eeu �'i �
<br /> one the sale from�icre ` • ���-
<br /> -s.,..:.i_,�—._,,,.,�..--�-
<br /> •,o._t
<br /> ':;j:. .: �Ersa��''3ucting the sate may.for any caus_ 4�B�ecsrES�edient.� ... .-!�^ ;,
<br /> . �h�lt�s�ompteted and.in ever�6 such case.notice�f R�ss��nemsnt shall be given by Public dc-�f�an Yt►ereof ��. � •� :(
<br /> `.' ��C: .. ' Uy�d�ro-arsan at the tinne and�alacs last aPPo��u efof sa ag notice thereof shall be g'ven in�the ametm����� r � ?°
<br /> � o���y� ��y�eyond t�ta day destgnated in the n ��:_� ` ' _
<br /> � '� the ori�i►^��:noti�e of sale. frustee shall execute ands o'r im 1 ed.BThe reacitals n�the ae a o�ny matters o acts ,`�:.'-.�=.�,_
<br /> sotd,tiu�'+a�i4huut andy covenant or warranty, expres p .- : , i�" ,,
<br /> shall�ie c��ctusive proof of thi�8 f�o��the�ein,the'Gcustee sha luapplyBtha P����s�of the s eeto�e�t �
<br /> � � (B) When Trustee sefis pursuent P . unt 6a:r�uDon � -`'_",'`�
<br /> ercisin the power o f sa:e ar'�o f t h e s a�e.i�a�a d i n g t h e pa yme�nt�of the Tc�:�t88�g ; f. .��
<br /> of the costs and expenses of ex �9 fe �eX�ed the following r' �.� . __
<br /> ' fe�s$�tuat{y incurred,whfch Trustee s fees shall not in the agg � ��:°�.,-:-,.-T;.
<br /> � ' the amouM secured hereby and remaining unpaid:5 percentum on����+rst 81.00Q thereof, 1� I�i�n��on the �: �
<br /> ..:�-:''s`,•'.', .- �
<br /> ,r.,.,,<• ;. bafance thereof end then to the items in subparagraph(C)in the or�ar there stated. =�i ,�•, -. .
<br /> . (C)After paYing the items specifled in s uent to j d cia�l foreclosure i the�or.eeds of sa e shall be a P 1 d in t��d T ��•'. # "�
<br /> ' of forectosure and sele if the sale is purs � �=
<br /> ; ?' t °.
<br /> :. �ated to the paymen4 of: �_
<br /> `r, . Cost of any evidence of title praraz,;:ed in connection wit���ch sala and of any revenu�stemPs� �.' �`
<br /> 111 .�� '
<br /> • � ���� Ail sums the secured hereby; �"' :,`.; _
<br /> r- ` ,�
<br /> (i C�� The remainder,if any,to the pers�n�e9a��Y entitled theteto. � .,t',';�
<br /> 13, putias and Ob13geNons of T[uutaea• f� TMe dutiz��not beil�iable excspt for the pe��tormance of uch�duties _ ,;�� ; _.
<br /> ' the exlttess Rtovist9ns of this Deed of Truut,aitdi a,c��.s*.ae si�sti ,,•.�:j:?•a •
<br /> and obiigations as are spa�lflcalh� set forth h��,and no impiiod covenants or obligations sh�t1 be impo�ed upon '.` . I�
<br /> � ,� Trustee: ttx6 No provistons of thiE Deed of Trust sheln�of i�t�dutiesehereunder,o�in itheiexercise ofdany of if��9h h ..�;.;�:�-;,-
<br /> incur any fi�.�ncial obligation in the performance of a y ..�{,:��" . �
<br /> or power,if n sha11 have grounds for befteving that the repayment of such funds or adequate tndemnity ag,��s ��l I�,,��
<br /> .• ..,:. �
<br /> ,' � � •.,.
<br /> ° � risk or IiabiHty is not reasonabty assured to it;lc) Yrusteo may consuit with counset of its own choosing and tne edv co , ��-=.,-' '
<br /> � �-::.=
<br /> of such counset shaft be tull and co a��ti�greonr�(d1 Truste sha ot be 1lable�or eny actton taken bykit�8a d feith ,�
<br /> �' `
<br /> � by it heresta�der in good falth and rel .�+;. _
<br /> � ieved b it to be suthorized or within the dtscretton or rlghts and pawers cantened upon it bV�j$ ��a>,,,-
<br /> . ' and reawJ:.�a�y bel Y _ -°-�
<br />, � �aed of Trust. �its expanse, wiQ execute and daliver to ths Truatee.Q�ampu3t _ -
<br /> . . ' 14. Addldond Sscuntll t�str���. Truator. . .:.�:::
<br /> '� .4ii. + �..
<br /> • upon demand,such secarity instr V�m e�y th�SDBed of iTrustY which secur ty i st umonts shallHbe eddit onel secur ty -
<br /> cavering�say of the PropertY con Y , ...�.�.,-,:�_�-
<br /> '���• . for Yruss�c.:d's faithful performanco of all hereb a d an other security in�suuments e eciuted in connectiontvrith this -"����•. _
<br /> . Agreezrdnt,any promissory notes secured Y Y�.�� �
<br /> *.�ansac4ion. Such ic►s4ruments shatl be recorded or filed, and re-reccrded and refiled,at Trusto�'s expense. ' '+ ��'� —.
<br /> � 16. Miscellana�us. ��s- �'_ '
<br /> ' q tn tk�e event eny one or more of the Drovisions contai�in connection with thia tren actt n�,s�91 to eny eason _ - . �
<br /> ! 1
<br /> � ��Q��;,�,�ry note,or any other security insVument giti� ;�,;;.,�'.
<br />' • ta,1�s;zetd to be invaiid,ittegal or ftact eny other provis on o�this Deed f T u�s`hat his Oeedfof Trust sha I be .,.,��:4_ ,�-�
<br /> � ' at.�se option of Beneficiary, not a
<br /> ca�strued as if s�sch invatid,illegat or unert'�s�coable provisian had never been contained(hc�ein or therein. �;;��;�
<br /> �•��
<br /> �ff� rni5�3�Ed of 4or�se shatl be construed ecc.�rdirtg to the laws of the State of Nebraska. . �9n,_
<br /> dia 17��of Trusc shail insure to and bind the heirs,[c�rateas,devisees,admintstsators,e��ccutors,successors and ;:,'Mti
<br /> (C! �..
<br /> ' ea�[a�ts ot the (z^��s herst.�. +.
<br /> � ��=�,.:
<br /> ID) Trustor shall p��f���t�es 1e�''gd upon this Clged of Tru.,t or the debt secured t�sai�by,tagetiher with any�atfiier texes �� '�
<br /> :,:;:::'�;`�'�,.,.
<br /> or assessments�r+t�ich may be levied agaFnrt tt►e Tr�stee or Benarciary or the legal holder df.ahe Loan Agreement ��+
<br />� on account of tha indebtedness evidence thereby. . �
<br /> � . . (E) Whenever used hersin,tho singular number shall in neficiary psh 111includeuanytpayee of xhe ndebtedness hereby .. '
<br /> shatf bo epplicable to atl gandors,and the term 'Be ..,�.ss: : �,_
<br /> secured or any transfer thereof, wh�ther by opera4ion of lew or otherwise. ,,;., .; . _
<br /> 'i 6. Succesaor Trusteo. Benaficiery cute this T�ust Des'd 8 Upon is ch appainetment andcwithout conveya�ce to � � �
<br /> � Truatee hereln �, i-
<br /> name� herein or acting horeundor to exe � ,.
<br /> tha successor Trustee, tho lotter sha11 bv vested with all titte, powers end dutios conferred upon ar�y • _
<br /> � narraed or acting horeunder. Each such appointmsnt�ce of riecord,whici�when9 oco dedeinithe`offi etof he Regist r . —
<br /> � contalning refarenca to this Deed of Trust and its pla �rrtment
<br />' � � � ' of Deods of tho county e� Thetforego ngi powea of subst tutiotn and the procec9ure'therefore sha11 nrotbo�itcTUSive of �
<br /> : --,__, - �f Lt�e sur.eessor Trust
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<br /> . , 9/94
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