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<br /> 1/.AeedM�MM�11/M O�IwNJ�NM!t�M. Upon d�fauN b�r Trustor in th� rnNnt of a p�i�o�i'6M�7arrtp ord tondNions of --
<br /> � fh�Noh.or aiy r�wai�,modificatiom a�KNn�lon�tlwnof,a tM po►imrn�of an�r athK ind�bt�dnns saund h�nb�a tn th�p�r(amonc�
<br /> of ary of tM eanwnoMS or opr�KS Mrwnd'r,9M+�ikiary mo�r dalar�all wms taund h�r�b�in�rNdlat�ly dw and po�robN and tM iart�
<br /> sholl thKwpon b�can�dw ond porabb witliout pns�ntnNnt,dMnond.Prot�st ar notk�of any ki�d.Th�r�ahK, 8�fk(ory moy d�livK to
<br /> �` � TruttN o w►itt�n dalarotian oi d�twlt ad dMn�nd for saw.TrostM�hall how tM porwr o!wlo of th�PropKty ond if B�ikiary d�cfd�s th�
<br /> � 't�`�����'� Proprrt�is to b�iald(t sholl d�podt with TrusiN this O�d of TN:t and tlM Noh a not�s and any oth�►documims widmcinp�xpMdituns
<br /> • *�., ''.:-`�'�..�`.'"� s�curad h��by,and sfall ddivv ta Trust�e a written notke of d�fauN and el�ct(on to cous�th�PrapMlr to b�iold.ond Tnnt�.in turn,sholl _. .
<br /> �•'�4�i�#!�.�i:��� pnpor�o:imilar notk�in th�fam rpuind b�bw which sholl b�duly fibd ior ncord by Trostw.
<br /> ''�'"d� �`��; (0)Aft�r tl»lops�of wch t(m�os rtw�r b�rpuind b�law followinp ttN ncordotion of Notk�of O�toult,and Notk�of D�fault ond Notic�of
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<br /> _ � ,, ��. ,,;, �� Sul�hovinp bNn piv�n as nquk�d b�law,TrustN,without d�rtiand on Trustor,shall sdl th�PropMy in on�or mun pauls and in weh ad�r
<br /> =����:;�=�;=:.�•��=='�: , as Trusta ma�r d�tKmin�on th�dat�and ot ftw tim�and plac�d�sipnoted in mid Notk�of Sol�,at publk auction to tM hiqh�st biddK,th�pur-
<br /> °'"'�°�� chos�prk�poyobb in cosh in lawful momy of th�Unitd Stota at th�tim�of sol�.Th�p�rson conductinp th�saN mo�,far any causr h�or sh� _
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<br /> -� „�,�;;i;.• , . :, :,,�: dNms�xp�di�nt,postpone the sok f�om tinM to tim�w�til it sholl b�compl�t�d and.in wtty such cas�,notic�of postpo�M sholl b�qiven _ _,
<br /> "`;'�� ,. ,� � by publie d�clarotion tlwr�of b�such person at th�tirrM and ploa la:t appoint�d fa tM sol�,provid�d,if th�sob is postpon�d tar lap�r tlan —
<br /> •• arn(1)dor►b�rond th�do�r d�sipnat�d in tM Notic�of Sal�,notk�thKaof sholl b�qiven in th�sam�rtann��os tFa oripinol Notie�of Sab.
<br /> �• �;: ,,�s:.�-.�,,;,.' Trost�e shall�x�cut�and d�IfvK to th�purchos�r its DNd conveyiny tiw Prop�rty:o soW,but without an�convmant a warranty,ezpr�sa,or _
<br /> �� '` '+, � impif�d.Th�ncitali in th�DNd of any motte:or faets shall b�eontlusiv�p►oof of th�truthfulmss th�rwf.Any pason, ineludinp without
<br /> �"� �::.,:,�, �_ ,.e;°'w;,�. limitation TrostN,maY Purehos�at th�sala.
<br /> � �• � _ ,s_ (b�.Whm TrustN s�lls pwsuaot to the powes h�nin,Tn►stee shall apply tiw pra�ds of the sale to pa�mem of th�costs and�xpmses of
<br /> --_ •�. � �x�reisinp th�power of sale ond of ti»mlt,includinp,without limitation,tlw payment of T►ustee's Fees incurr�d,which Trust�a's f�es sholl not e _
<br /> ' . � „ in th�apyrepate excNd th�followinp omounts bas�d upon the amount secured hereby and nmaininy unpoid,5 percentum an tM bolona =_
<br /> • � � .� , . thrr�of�and th�n to tFw itams s�t forth in subporapraph(c)hereof in the order therein stated.
<br /> � . ., : (c)AH�r poyinp th�items sp�cfffoA in subpo►apraph(b►,if the sale is by Trustee,or the proper court and other costs of foralosure and sale �t,-.
<br /> - �� ' •�. if 1M saw is purwant to iudiciai forabwn,tiw praseds of sale shall bo applied in th�ad�r stat�d bolow to th�poyment ofi �
<br /> . • ..� (1) Cost of any evidmc�of titN praur�d in conractfon with such salo and of any revonw nquirud to b�poidi
<br /> • . . � o `y (2) Attorn�ys feoss
<br /> • • , o (3) AM sums tFwn secured h�roby, –
<br />__ " � (�) Junior t►ust dNds,mortyoyes,or othar Ifsnholders�and
<br /> _ ;r ,�. (S) Tiw r�moi��,If any,to th�pKSOn or persons loqolly entitl�d thereto.
<br /> ' (d) If tiw Benoficiary of this Deed of T►ust is a bank as defined by Nebrasko law,ony statement contained in any other section of this deed 6..._
<br /> ' . ' � notwithstanding,tha 8eneficiary shall not be entitled to receive a take and debtor shall not be obliqated to pay or yive,any confession of judp- _
<br /> m�nt,power of attomoy to caifess judgmant,power of attorne�to appear for a borrowQr in a judicial prxeediny or apreament to pay the costs �
<br /> . � �: of collection of the ottomeys'fees,unless such ats of collection would not otherwise be prohibited by Nebraska law.Provided,however, that
<br /> �����' : • this soction does not apply to the Trust�f�reforrad to in paraqraph 6(b).Prorided further,thot this parayraph shall not apply to this Deed of
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<br /> Trust,if the Beneticiary is not o bonk.
<br /> ' �' � �� 12, AdditioMi SrqKitr hattu�ts.Trustor,ut its expense,will execute and deliv¢r to thc Beneficiory,promptly upon demorKl,such securi- �__
<br /> ' ty instruments as may be required by Benefkiary,in form and substance satisfactory to Beneficiary,coverinp any of the Property conveyed by __
<br /> this O�ed of Trust,whkh seeurity instrwnents shall kw additional seeurity for Trustor's faithful performonce of dl of the terms,eovenants and _
<br /> �; conditions of this De�d of Trust, the promissory notes secured hereby,and any other security instrumer�ts axacuted in corwNCtion with this tran-
<br /> �� �•• sation.Such instruments shall be recorded or filed at Trustor's expense. —___
<br /> �� : � ' 13. A�OGdM111 0} SYCNRW TNf�N. 8enefkiory may, from time to time, by a written instrument executed and acknowledped by _
<br /> j�. , . 8eneficfary,mailed to Trustor ond recorded in the county or counties in which the Property is locuted and by othernise tomplyinp with the provi- �
<br /> ' ,;�;.,. ; .:r. sions of the opplicable laws of the State of Nebraska,substitute a successor a successors to the Trustee naned herein or atinp hereunder.
<br /> 14. I� Benefici or its nts,re esentatives or workmen,are authorized to enter at any reasonable time upon or in any part �;^
<br />�.'' � ' �• tNe41��s, ory. � Pr —_
<br /> • �''�' '' of thQ PropertY for the pur{wse of inspecfu�the samo and for the purpose of pe�forminp any of the ats it is authroi:ad to perform under the
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<br /> . ttrms of the Deed of Trost. __-
<br /> � 1 S. Opfto�ta Fontlo�.Upon the occurrence of any default hereunder,8enefitiory shall have the option to foreclosQ this O�ed of irust in _
<br />. ''- „ iht manner provided by law for the foreclosure of mortgages on reof praperty. �
<br /> T• � • �� ' 16. fonMwMa b�Ma�fici�ry Not o W�I��r.Any farebearance by Beneficiary in exercising any riqht ar remedy hereunder, or otherwise
<br /> affaded by appNeabla law,shall not be a waiver of or praelude the exereise of any such right or remedy. likewise,the waiver by Benefieiary of �`"
<br /> - ;,�.u:�. .:- • on�dQfault of Trustor under this Deed of Trust shall not be deemed to be a woiver of any other or similar defaults subsequQntly xcurriny. =
<br /> � 17. T�utor Not R�Na�d. Extension of the time for payment or modification or amo►tizotion of the sums secured by this Deed of Trust
<br /> granted by Beneficiary to any successor in interest of Trustor shall not operate to releose,in ony manner,the liability of The oriyinal Trustor and ��
<br /> . Trustor's successor in interest. Beneficiory shall nat be required to commence praceedings agoinst such successor or refuse to extend time for ;
<br /> � pa�ment or otherwise modify omorti:otion of the sums secured by this Deed of Trust by reoson of any demand made b�the oriqinol Trustor and r
<br /> v Trusta's successor in interest.
<br /> 18. B�mfkiory'�Pow�n.Without affecting the liobility of the Trustor or ony other persan liable for the payment of any obligation herein �
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<br /> . _. � mentioned,und without affecting the lien or chorge of this Deed of Trust upo�any portion af the Property not then or theretofae released as
<br /> security for the tull amount of oll unpoid obligations,Benefitiary may,from time to time and without notice. (i)release any person so lioble,lii)
<br /> ' , extend the maturity or alter any of the terms of any such obligations, (iii)gront other indulgences, (iv)release or reconvey, or cause to be
<br /> � � released or reconveyed at any time at Beneficiary's options ony parcel,portion or oll of the Property, Iv)toke or release ony other or additionol ;
<br /> securiry for ony obligotion herein mentioned,or(vi►make tompositions or other arrongements with debtors in relotion thereto.
<br /> :�.—_ 10 s��..�h.�._ unnn ranupct ef Trusfor Trustee at Trustee's ootion, prior to retonveyance of the Property to Trustor, moy make
<br /> ' future advances to Trustorr Such future advances, with interest thereon, sholl 6e secured by this Trust Deed when evidenced by promissory '
<br /> ' notes stating thot soid notes are secured hereby;provided thot ot no time sholl the secured principal,future advances, not including sums ad-
<br /> . vonted to protect the security,exceed an aggregate principal omount of S •
<br /> ' � 20. Ruon���onn b�r TnntN.Upon written request of Beneficiary stating that oll sums secured hereby have been paid,and upon surrender
<br /> of this DQed of Trust ond the Note to Trustee for cancellution and retention ond upon poyment by Trustor of Trustee's fees. Trustee shall
<br /> retonvey to Trustor,or the person ar persons legolly enfitled thereto,without warranty,any portion of ihe Property then held hereunder.The
<br /> recitals in such reconveyance of any motters or facts sholl be conclusive proof of the truthtulness thereof.The grantee in any reconveyance may
<br /> �� lw described os"the person or persons leqally entitled thereto".
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