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<br /> , � r.•�. . UEED OF 1'RUST � 1,Q�� "�i Pa�e 3 �`-''�;'` =-4;,�;;,
<br /> � � 11-'L5-1996 c ' ; ; r� (Condnue�l '� „
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<br /> RIGFIYS AND REMCDIES ON DEFAUL't. Upon tho occurranco ot nny Hvont o�Dotault e.rtr.f nl nny Iimo►hereatter,Trustoe or Lendar, nt Its optlon,
<br /> may ex�rcise any one ot more ot the tollowinfl rlphts end remedles,in eddition to any otter riphts a remedies provldad by law: _
<br /> AceetenNon upon Defwlty Addidonal Remedles. II pny event ol de(tult occurs as pdr iM lerms o11hq Note sacuratl hareby,Lender may
<br /> dectere all Indebte�nass aecured by lhie Deed o1 Trust to he due�nd pay�6ie and I'ay E�me shRil thereupon become dw�nd pay�bl�witAaut _
<br /> any prosantmenl,dam�nd,prptesl or rtotice ol any klnd. Thereatter,Lender may:
<br /> (a) Hilhet In person a by nyenl,w�lh or withou!brinpinfl any aci�on a prcr,eodinp,a by�recehr�r�ppwnt�d by�r,ouW tnd wilhoul ,
<br /> � reg�rd to IM ndnquacy o1 Its aecudty,enter upon and take possession ot tlx�F'rc�puly�or any parl thenof,In Ih�own nartN o�In lM rut►n�
<br /> of Truste�,�nd do any aets wh�h it deems nacessary o�des�rFtifa to prc;.:.rvo t:"�valu�,m�rke�abuity a rentabillty ul th�Property,or p�d
<br /> of the Prop�rtY a Intenst in the Propsrty;iacretsa the Income hom lM RroperN a prolect tha 6ecudty of lM Pwp�rty;�nd,wlih or wlthoui . .
<br /> . _ taklnp possess�on t'1�t��oP�fi►costs and expenses' ofcoperetlahn and cdfeetl�on�to iny Indebted�ess s�scu�r d by th s10Nd o�l Trusindl�n �
<br /> � unpald,and�pp�Y
<br /> -� such ordw as Lendar inay determins. The entarirp upon and 4kinp possess►C�n of tiis Propeity,lhs cdlectlon of euch nnts,issws an
<br /> profits,and lM opplfcaHon�Mxeof ehall not cure a walvo eny dettuH a noCGe+ol detaull under this Dead of Trust or Invalidate any act
<br /> done In responso fo such def�ult or pursuant to such noUce o�detault,and,notwit�standinp Iho continuancs�n PossASSion cf Ihe P►oDe�Y
<br /> or the celbclion,recetpl and eppl;aUon of ronb,issuos a profits,Truslea or l.ender shall be entiHed to exerclse every rlpnl provickd for in ,
<br /> the Note or the Retated Documants or Gy taw upon lhe occurrence of any ovont ot detault,Including the right to exercise 1he power ol safe;
<br /> (b) Commence an acllon to toreclose lhis Deed of Trust as u mortgaya,e.9po�N a receiver or speclAcallY�n(orCe eny ot lhe covenanb ,�; f�, ;y ,
<br /> hBf00f�flfld , . '•'_�}.,�C�t"�i6�de•-,
<br /> ' (o) Deliver to Truslee R wdHon dectaratlon of delwit and demand ta sab ais�a wrlKe^�o�1ca a���ir� rl�tt,oMC�,�f��County In ,,;:°--
<br /> ' interest In tltie Property to be sotd,wh�ch noUCe Trustaa shdl cause to be duty fded ta record In Ih��pp op �����_
<br /> whlch th�Property fs tocated;end � �--"-01 -
<br /> { (d) With respect to�II or tny�arl of the Pe�santl Property,Lender shall Mv�e�Y the rights��sd remsWes of a secund�arty under ths ^;.f�,,,-_,`�
<br /> � Nebns/:e Unitan�Commerctat Codo. _ -
<br /> ! i porecbsure bd Power of S�le. If Lender e�ecis to farsclose�Y exere:lse of lhe Power o}Sale hereln contelned,Lender shall rtotiry Trusteo and
<br /> + shall depo5it with Trustee this Oeed of Trust end the Note and 6uCh rocelpts and evidenCe oi expenditures mltds�nd asC�x�d bY�his D�e�of
<br /> � Trust as Trusten may requlre. � '� -�v
<br /> ,'y,:;:
<br /> � � {a) Upon recelRt of such notico Bom Lender,7rustee shall cause to be recadE�d,published and delivered to Trusta such t�oUco o}pefau � �i(dts�����
<br /> � ,'� , and Notke oi Saie es than roqulred by k�w end by this Deed of Trust. Trt�tt�e shtN,+xi"�a.�1 demand on Trustc►r,atter 6t►aA time ts maY rf�.,,_ __
<br /> then be roquired bY inw�ntl aftt�r recor�atton of such Not�e ol l7elauit and e.�r Nottce c�t S`.�lc having Coen ylven ts required by law,aell
<br /> the Prope�ty at the Hme and ptace of salo Nned by It In such Notice of Ssti�,dither as a whole,or�n separate tots a pvcris a Ilems eu ''�'' �
<br /> �� � Trustae shall deem e�edleM,and in such order as it mey determino,at�tit�iv auctlon to the hlphest bidder fa c�sh In law(ul money of ���^��
<br /> the United Stntos ipaBYP P��h'so sdd�but withouttany coa nAnt ori wartunry,lexPress orpmpl d�Tt►e rec�tafs n�h�daed of any mea�[tars --—
<br /> .; deeds conveyinp
<br /> or fict5 shall be conclriuive proof of thn truthfulness therAO�• Any person,includlnp wlthout Ilmitatlon Trustor,Trust�, or LerxSer,+*aY
<br /> purChase at Such sale.
<br /> ___� i ��3 ry_�,�����,ikAri hy taw.attor daducUttiO all Costs,lees end e�ensos of Trustee and ot lhis Trust,Includinp costs of av�derr�c�
<br />----- k Iitie In connecUon with sale�Trustee stutll apPly the ProCeeOs ot sab io P��i d ti)aR su��:zt�tsr.��'•!i tll�t1:�s�n i. ._-
<br /> Trost or undar the terms of tha Note not thon repdd,Includinp but not Iimited to�cc►ued�nierest�nd late clurpes, ()
<br /> ,�1:.` ,�.. secured hereby�and (iii)tho remainder,II pny,to the person a persons 1ep�Yy enl'itfed there►o.
<br /> ' � ,� (c)Trustee m�y In the manner providec!by aw postpone sole ot�II or any porHOn of fhe i'rayorly. ,�, _
<br /> ���'� RemetNa Na fxtiusfva Trustee and Lender,nnd e�ch ot them,shall be er,GBed t�enfacs paY�nt�nd p�tormtnce o1 any ind�btedrr,�s -
<br /> a pb�{patiom socured by ttiis Deed o1 Trust and to exerctse all riphts ind pawn�under thb Deed of Trusl,under tM Note,undsr tny r.f'�n ,.
<br /> Rel�ted Documer�ts,or under any other ayreement or any Isws now a he�fle�r in face;norivithsfandirg,soms tl�a husil pb�d�p��� �� �?:_�
<br /> and obNpatlons secured by thls Dead ot Trust may now a here�fte�be otAer►�'ue secured,whether by matp�pe,
<br /> asspnrtMnt a otherwise. Neithw the�cceptance ot lhis Deed o1 Trust nor Its enforcement,whether by couA�ctbn or purou�nt to the powK ot
<br /> saN or other powers contalned In thls Deed of Trust,ehnll preJud�e or In anY manner attect Trusl�s'a or l�nder's ri0ht t4 roati:a upon or
<br /> enlace any other eecurtry now a hereatter held by Trustee or Lende!,It belnp w9reed tAtl Trustee and Lander,and each of lfiom,slwN be
<br /> errtitled to enlace this Deed ol Trust and any other security now or hereattx hetd by LentMr a Truste�In such ordK�nd mnnns��!thsy or
<br /> elihcr ol them may In thWr�bsdute discretlon determine. No remedy confe�rod upon or rar,ervsd b Trustes ar Lendn,fs Intend�d to be =��
<br />- exciusive of iny other rem�dlr In thls Deed ot Trus1 or by Inw provlded or Perm�tled�but�ach ahall bs cumukUvs�nd sh�ll 6a In addi'rion to �
<br />- . .. -'� evury plhor rBmedY Ofven In th�s Oeed ot Trust or now or henaflw existlnp o law a In equfry or by sutute. Evsry powe►or nmedY 9t►w^by ftw
<br />" � ` Nota or any of the Reilted Oacuments to Trustee or Lender or to which elt�ir of them m�y bo otherwFSe enNtbd,may be�x�rc�s�d�
<br /> "''•" concuttunUY ar�nd�Penck�^1tY�hom Urtw to Ume nnd as otten err may be deemt�d expedient by Trustee a Lendsr,and NlMr d th�m rnay
<br />-„�. • . pur;4a�n;orts�tent remodies• Nothlnq In this Deed o}Trust sha►I be constn�a+d as prohlblHr�Lender from aselcinp�dsficNnoY 1�dG�nt
<br /> .'� ��Inst the Trusfor to ttN extent such aotion ts pe�mlHed by 1�w.
<br /> ` . of Sa4e under tt�is Oead otTn►st be��uttlted to tthem�the a�r�ses seto*1�,►n�►�e�Nrsl Pu�9raph of th s�Doed oi Tn�aG a t��y��ny Notios ��.
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<br /> """�'" MISCELLANEOUS PROVISIONS. The toliowinp miscstlaneous proNslons�re e ped ot tMs Deed ot Trust:
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<br /> ''•��-��.�t � s�'b�e�ovcmeA by md co�nsw d In xtord nte wl hAthe I�che Sate of Nebruk��n the Sntt of Nebraska. Yhls tked of Tn►st — -.
<br />-�' "'" " Tlme Is of the Euenca 11rr�Is ot the os,enco in tho performance ot thls Dmd ol Trust. _
<br /> 4Y�tven and Consents. Lender shall not 4e deemed to have watved eny ri�hb under'.hls Deed ot Trus1(a under the Relat�d Documents) e�,^„,—�=_-�
<br /> ' unfes�such weiver Is in wri►ing and sipned by lender. No deiay or om}s=1on an the part o1 Lender in oxerclsU►p aeY rlGht sheN opor�ts as a --,�.�;1�����,;
<br /> ' w�iver of such riqht a eny oth�r rlqht. A welver by any pQrty ot a provfsion oNhls Deed of Trust chan not consUtute a w�vor�f or DroJudice tha }i:,�-=-- i.,
<br /> .� #� h r :;�_,.,
<br /> put�ls ripAt othenvls�to dsmmd atrlct compllnnce wlth that provislon ar anY+oifier provislon. No pdor 4valver by Lon6er. na any coursa ot
<br /> t ' dea�irp be!w,ean Lender and Trustor, shell constitute n wdver of nny o1 i�nder's rlpMs or any ot TrustoPe obN0aN0�13 l6 l0 111Y fU11M�B ________n,_
<br /> .��:t ����`' trnnstCHons. Whenover consent by Lender Is roquired In this Deod ol Truat th�grnnHng of such consonl by Lender In nny tnstance shatl nat �
<br /> : s, conatilute continulnp consent to subsoquent Instnnces where such consent is requlrod. �A;��,n,
<br /> Wotver of Homatead C•xemptlou. Truator horeby roieases and welves ell rlghts and bonofits of tno homeslead exemptlon la+:rs ot ths StaM ot f�,
<br /> Nebrtska es to t�Indebtedness 5ticured by thls Deed of Trust.� �'• y' � .,
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<br /> ,: ,•„ fACH TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS Of THIS DEED OF TRUST,AND fJ►CH TRUSTOT AGREES YO ITS r-�s�`.I�
<br /> � l,;;� TERMS. _:,.�i`�'_'ti:� .
<br /> " �` 4itUSTOR: '
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