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<br /> Trustor fnil to make any payment or to do any aat ae and in the a�ennor
<br /> .�,�f, ',-' rovided in an of tho Loaui Inetruments, eenef iaiary and/or Truoteo, ea�h in
<br /> ��':��•'� ' �to own dieare�ioa, without obligation, may maka or do the aaano in euch mnr►nor
<br /> - " � - � ' and to auch eutent as either maY deom neceseary to protact the aecurity
<br /> heraof. Trustor ehall, imaedintely upon dem�nd therefor by Beneficiary, pay
<br /> � all coste and a�c�ansea incurreS by Benefici in connection with the exeraiee
<br /> ��" ~ b Benefiaiary o� the foregoing righta, inal�ing, without limitation, coeta �
<br /> J� o� evidenca of title, court costs, eppraieals, eurveye and attorney's fees.
<br /> "�».� pny.S�y�+;'" Any such aoste and expenseo not paid within ten (10) deys of writtan de�aand
<br /> � �''�' shall draM interest at the default rate provided in the Note.
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<br /> .'-"��-� � `''-• 5. EMINSNT DOMAIN. Should the Truet Estate, or any part thereof or
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<br /> ;�,:;y-��„-� interest t ere n, e on or demaged by reaeon of ariy�public improvement or
<br /> , .��-� •='�'�� condemnation zoaeeding or in eny other manner including deod in lieu of
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<br /> Condemnation "COndemna�ion"), or should Trustor receive any notice or other -
<br /> -•' {. = information regar8ing such procoadin Trustor ehall give pro o alltte�
<br /> L'�'-��'' notice thereof to Beneficiary. Benef;ciery shall he entitled �
<br /> '�'r�"'� '�"°d comp eneation awards and other paymente or relief therefor, ancl ehall be
<br /> ���'�i:.��.;����.�'Y•�.. entitled to maka any compromiae or settlement in connection with such takinq
<br /> ' �� " ' or damage. All suah caapensation and condemnatioa, awarde, damages, righte of
<br /> - �,d►;_;�;;;L.: .' "� action and proceede awarded to Truator (the "Proceede") are hereby aseigned to
<br /> - -- � � "��:; . Peroaeeds ee�BanQficiary or9Trustee teaay�rt�N�'eh further aesignmente of the ---
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<br /> --,��:... � 6. AppOillTI�NT OF 9UCCES90R TRUSTEE. Benef iciazy may, from time to
<br /> •�"""" � tiaie, by e wr en ns en execu e acknowledged by Heneficiary, taailed
<br /> " � '° " ' to Trustor and recorded in the County in whiah the Tzvst Estate is located and -=�
<br /> ����• • • ° ° by otherwiae c 1 ing with the prov3aions of the applicable law of the 3tate
<br /> ``";' � � of Nebraeka sub�i�ute a auccessor or suaaesaore to the Truetee namQd herein �---��
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<br /> . ar acting hereunder.
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<br /> �A!� � '�` �` �+ 7. SUCCS880R8 AND A83I(iNB. Thie Deea of Trust applies to,
<br /> �� ,� .�� the benefi o an n e a par ies hexeto, their hairs, le�atees devieees, �
<br /> ' personal re reeentatives, successors and assigne. The term Benef�ciary" ��„
<br />- ° .. . shall mean �he owner and holder of the Note, whether or not nemed es
<br /> ;�,.;, _. ' ;,�, Hanoficiary heroin.
<br /> �'=-- `-"°°'�d` - 8. IN3PECTI4N9. Benefir_.i.Ary, or its agente, representatives or
<br /> �c worlanen, are au or zed to enter at any reaeonable ti.me upon or in any pert of
<br /> the Trust Eetate for the purpose of inepecting the eame and for the purpose of ��=:
<br />- � +� '' performing any af the acts it ie authorized to perform under the terme of any
<br />" • '� " � of the Loan Inetruments.
<br /> • �!�*e• " " 9. EVENT3 OF DEFAUI,T. Any of the following eventa ehall be deemed an
<br /> < �� event of de au ereu er:
<br /> ' (a) Trustor shall have failed to make payment of any inetallment of "�`
<br /> • - interest, principal, or principal and interest or eny other sum secured hereby �-
<br /> �� . whon due; or,
<br /> '-`=� � �� (b Theze has occurred a breach or default under any term covenent, - _
<br /> '� "' ayreemen�, condition, provision, representation, or werranty con�eined in any �.•�
<br /> ���. , • of the Loan Instrumente.
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<br /> 10. ACCSLERATION UPON DEFAULT ADDITIONAL REMED=BS- 3hould an event of
<br /> � .���t • . �, . default occur ene c ary may ec are a n e e ess secured hereby to be ��:�:
<br /> due and payeb�e, and the seme shall thereupon become due and payable without `�•'�=
<br /> � . • any presenEment, demand, protest, or notice of any kind. Thereaftor the
<br /> „ :;: .. . . Beneficiary may:
<br /> (a) Either in person or by agent, with or without bringing any action �__-
<br /> � or proceeding or by a receiver appointed by a Court and without regard to the
<br /> adequacy of 3�s security enter upon and take possession of the Trust Estate, �•••'
<br /> ' or any part thereof, in �.te own name or in the name oF Trustee, and do any
<br /> •.-��� � acts which it deeme necessary or desirable to preserve the value
<br /> '� ' � marketability or rentability of the Trust Estate or part thereo� or i.nterest _
<br /> ' , .�#>��*• " therein, increase the income therefrom or protec� the security hereof, and - _
<br /> ' with or without taking poasession of the Trust Estate 3uo for or otherwise ��'
<br /> collect the rents, iasues and profits thereof, includ�ng those paet due and ��
<br /> ' � unpaid and apply the same, less costs and expenses of operation an d ,
<br /> collec�ion, including attorney's fees, upon eny indebtedness secured hereby,
<br /> . • all in such order as Beneficiary may determine. The entering upon and taking -
<br /> •�• • poesession of the Trust Estate, the collection of such rente, issues and
<br /> profits and the application thereof a� ar�rasatd shall not curc or vraivc any � � .
<br /> • aefault or notice of default hereunder or invalid�ate any act done in response
<br /> �, to such default or pursuant to such notice of default and, notwithstanding the .
<br /> • continuanco in possession of the Trust Estate or the collection, receipt and
<br /> � � app lication of rents, issues or profits, Trustee or Beneficiary shall be
<br /> entitled to exercise every right provided for in anX of the Loan Instruments �.
<br /> � or by law upon occurrence of any event of default, including the right to ,
<br /> ,� exercise the power of eale;
<br /> __ _ �__._____ -____ (b) Comnence an action to foreclose this Deed�of Trust as a mortgage, :
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<br /> � &p},70�Itt a rece�ver, OY' speciticatly ef1LOtCe BRY UL 1.ilet c:uvesuat��a uaaava� -
<br /> � • ' (cZ Deliver to Trustee a written declaration of default and demand for
<br /> � sale, and a written notice of default and election to cause Trustor's interest
<br /> in the Trust Estate to be sold, which notice Trustee sh a11 cause to be duly
<br /> . fSled for record in the appropriate Official Recorde of the County in which �
<br /> � the Trust Sstate ie located.
<br /> 11. FORECLOSURE BY POWER OF SALE. Should Beneficiary elect to
<br /> foreclose by exere se o e ower o ale herein conta ined, Beneficiary shall
<br /> notify Trustee and shall deposit with Trustee this Deed of Trust and the Note
<br /> and auch receipts and evidence of expenditures made and secured hereby as
<br /> - Trustee may require.
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