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<br /> DEED OF TRUSr Pege b � �_:s,-
<br /> - 01-02-1998 . `�=�
<br /> Loen No OOA624 � (Contlnued) ��...���( aj _ _`_^, ".,.���
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<br /> _--=" hereot;and-----� �__--•---..--=._----..—�---_---= .... ._ � • ., . .
<br /> Int restlln the Property to beeso d�wh c,h n ticeOTrus1tee shell cause to be duly f�edrfoe�ecord in the approprdiat oH�es�u}ehe Countyrin
<br /> ' whir,h Ihe PrOperty IS IoCeted;and I , • .�•ae.�,.__.
<br /> (d) Wdh respect to all or any pa�1 of Ihe Personnl Prope�ty,Lender shall have nll the nghts end remed�es of a seCUred party under the •,;.Y
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<br /> Nebrflska Unlform Commerciel Code. �°-
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<br /> Fwreclosuro by Power ot 9ale. If Londer eiects to loreclose by exercise of the Power ol Sale hereln contained,Lender shall notihj Trustee and . " v�
<br /> Shall deposft with Trustee thls DeAd of Trust and the Nnte and suCh recelpts and ehdence o�expenditures made and sCCUrod by thls Deod o� , . _ _
<br /> Trusl as Truttee msy requlre. I :�.���._-_=�
<br /> (a) Upon receipt of such notice from Lendor,Trustee shall cause to be recorded,published and dellvered to Trustor such Notice of Defaull t, ��i��
<br /> and Notice of Sale es Ihen requlred by Iaw and by this Deed of Trusl. Trustee shell,without demand on Trustor,atter such Ilme as may ,;,.�t.X�:_�_—
<br /> then be required by law and after recordatinn of such Notice ol Default end aRer Notice of Ssle having been glven es required by 18w,sell �r.
<br /> Itie Property at the time and plaae of sale fixed by It In Such Notice of Sele,elther�iQn to the h�hest bldderefortcashpnr aewlulrmo ey of I � �� '��,s-
<br /> Trustee shall deem expedten6 end In such order as It mny deiermine,at�uYl�auc ! �"•
<br /> the UNtad States payabie at the time of sala. Trustee shall deGvor to such purchasor ar purchasers Ihereof its pood and sutticlent deed or � -�p�;`r�`
<br /> � deeds conveyinq the property 3o sold,but wifhout any covenent or warrenty,express or Implied. The recltals in such deed of sny matters I . `,�w-!�
<br /> ! or facts Shall be conClusive proot of the truthlulness thereof. Any person, Including wlthoul Ilmitetlon Trustor, Trustee, or Lendsr, may _.�
<br /> � purchese at suCh sale. .?s
<br /> � (b) As may be pormitted by inw,atter deducting all casts,fees and expenses of Trustee and ot fhis Trust,including costs of evidenCe of :
<br /> titie In connectfon with sale,Trustee shall apply the proceeds of sale to payment of (I)all sums expended under the terms of this Deed af �,Y..-.
<br /> Isecured herebyhandr(I I)the remaindert Ifhenyf to the personnor person5me9a y enti ed hereto.st and Iate charges, (II)all other sums then --
<br /> +� (c) Trustee may in the manner provided by law postpone salo ot all or any porHon of tho Property. -
<br /> 'I Remedlea Not Excluaive. Trustee and Lander,antl each of them,shali be entitled to onforce peyment entl performanca of any Indebtedness _•;g�•
<br /> or obligatlons seCUred by ihls Deed of Trust and to exerdse aIl riphts and powers under this Deed of Trust,under the Note,under any of the y
<br /> Related Oxuments,or under any other agreement or any laws now or hereaftsr In force;notwithstanding,some or all of such Indebtedness _
<br /> si and obllgetions secured by this Deed of Trust may now or hereafler be otherwise secured,whelher by mortgage,deed of trust,piedge,lien, ,�r�'-
<br /> assfgnment or otherwise. Nalther the acceptanca of this Deed of Trust nor Its enforcement,whether by court actton or pursuant to the power of ,'"c Y
<br /> sale or other powers contained in ihis Deed of Trust,shall preJudice or In eny manner aHect Trusteo's or Lender's dght to reallzo upon or r_
<br /> ,� enforce any other security now or hereafter held by Trustee or Lender,It being egreed thet Trustee and Lender,and each of them,shall be ;'�-_-
<br /> { enlilied to enforce this Deed of Trust and any other seCUrity now or hereafter held by Lender or Trustee In such order and manner as they or �
<br /> , ''� eilher of them may in their absolute discretlon determine. No remedy conferred upon a reserved to Trustee or Lender,Is intended to be . ?�:i,. �
<br /> 1 exclusive of any other remedy In thls Deed of Trust or by law provided or permifted,but each shall be cumulative and shall be In additlon to �
<br /> � every other remedy given in this Deed of Trust or now or hereatter existing at law or In equity or by statute. Every power or remedy given by the � �
<br /> Nole or flny of the Related Documents to Trustee or Lender or to which either ol them may be othenvise entitled, may be exercised, ;�
<br /> 1 concurrenlly or Independently,from time to time end as otten as may be deemed expedient by Trustee or Lender,and ellher of them may
<br /> �i pursue Inconsistent remedies. Notning in ihis Girod of T;u„o a,; be co•^•`-!`!sQd et nrohibfting Lender from seeking a deflclanCy�udgment __
<br /> agelnst the 7rustor to ihe exlAnt such flctlon is permifted by law.
<br /> � � Requeat For Notice. Trustor,on behalf of Trustor antl Lender,hereby requests that a copy of any Not�e of Defeuit and a copy of any Notice
<br /> of Sale under thls Deed ot Trust be malled to them at the addresses set forth In the Hrst paragraph of this Deed of Trust.
<br /> � Wpiver; EleCllon of Ra�itedle&. A watvor by an/partY of n hreaCh of a provislon of thls Deed of Trust Shtill not Constitute e walver ot or
<br /> preJudlce the party's rights othenvise to demand sirict compllance wlth that provlsion or any other provislon. �lecllon by Lender to puryun e�iy
<br /> remedy provided In this Deed ot Trust,the Note,in any Related Dxument,a provided by law shali not exclude pursult of any other remedy,
<br /> and an electfon to make expenditures or to take action to peAarm an obligetlon of Trustar under thls Deed of Trust atter failure of Trustor to .
<br /> perfonn shall not atteCt Lender's right to deciare 6 default and to exerctse Any of its remedles. -
<br /> Attorneya'Fees;ExpenBes. If Lender Institutes flny suit or action to en(orce any of the terms of Ihls Deed of Trust,Lender shell be entitled to
<br /> recover euch sum as the court may ndjudge reasonable as attorneys'fees at trlal end on any eppeal. Whether ar not any court aCilon Is _
<br /> invotved,all ressonable expenses incurred by Lender which in Lender's opinlon ure necessary at any time for the protection of Its Interest or the �'"
<br /> entorcement of Its rights shali become a part of the Indebtedness payable on demand and shall bear Interest et the Note rate from the date of ��
<br /> expenditure until repald. Expenses covered by this parflgrgph include,without Ilmftatlon,however subJect to any Ilmits under appllCSbie lew,
<br /> Lender's allorneys'tees whether or not there Is a lawsult,Inciuding arianeys' tees ta bankruptcy prceeodings(Including eHoAs to modity or .
<br /> vacate any automatic stay or in�uncllon), eppeals and any snticipated post-Jud9ment collecMan services, the cost of searching records, .�
<br /> obtalning title reports(�ncluding Ioreclosure reports), surveyors'reportsr appreisal fees, tltie Insurance,and tees for the Trustee,to the extent _�
<br /> permitted by applicable�aw. Trustor also will pay any caurt costs,in additlon to ell other sums provlded by law.
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<br /> Rlphtd o}Tru6tee. Trustee shall have all of the rights end duties oi Lender as set forth in this seCllon. . —
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<br /> POWERS AND OBLIGATIONS OF 7RUSTEE. The following provislons reiadng to the powers and cbllgauons of Trustee are part of thls Deed of �____ �_._
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<br /> rrust. u�• "
<br /> � Powere of TruatEE. In addltlon to 911 powers of Trustee arising fls a matter of law,Trustee shall have ihe power to take the following flctlons •. ��
<br /> j with respect to the Property upon the written request of Lender end 7rustor: (a)lofn in prepaNng and filing a map or plat of the Real Properly, i .:��:-
<br /> � including the dodlcation of streets or olher rlghts to the publlc; (b)Joln in granting any easement a creating nny restriction on tho Real Prope�ty:
<br /> and (c)►oln in eny subordlnation or olher agreement nHecting thls Deed of Trust or ihe Interest ol Lender under this Deed of Trust.
<br /> Trustee. Trustee shall meet all quailticatlons required for Trustee under applicable Iaw. In addlGOn to Ihe rights and remedles set forth nbave,
<br /> foreclose by Judlcialrlor�eclosu e,�n ethePcase in�ccordanceewlth and to the'fu�e enl�provided by�pp�ICable�lawLender shell hgve ihe rlght to
<br /> Succeasor Trustee. Lender,at Londer's optlon,m�y Irom time to time eppoint a successor Trustoe to any Trustee eppolnte�hereunder by en
<br />° 'I Instrument executed and acknowledged by Lender and recorded in the o�ce of the recorder ol Hell County, Nebraska. The Instrument shall
<br /> ' ;I contain,In addltlon to ell other matters required by stete law,Ihe names ot the original Lender,Trustee,and Trustor,the book end page(or
<br /> computer system reference)where Ihis Deed of Trust is recorded,and the name end address ot Ihe successor trustes,and the Instrument shall I
<br /> I be executed and acknowledgOd by all the beneficlaries under the Deod of Trust or their suCCessors In Interest. The successor trustee,without
<br /> conveyence of Ihe Property,shall sucCaed to all the title,power,8nd dutles conferred upon the Trustoe fn Ihis Deed o►Trust and by appllcable j
<br /> ' law. Thls procedure for substitulion of trusteo shall govern to the excluslon of all other proWSlons tor substitution. i
<br />' � NOTICES TO TRUSTOR AHD OTHER PARTIES. Any notice under this Deed of Trust shall be In wriling, may be sent by tolefacsimlle (unless I
<br /> othenvlse requlred by law),and shall be etteClive when aclualiy deGvered,or when deposited with a nationally recOgnized overnight courier, or,If
<br /> � mefled,shall be deemed efteclive when deposited in the United Siales meil first ciass, certified or registered meil, post4ge prepaid,direCted to ihe `
<br /> addresses shown near the beglnning of this Deed of Trust. Any party may change ils address for nolices under this Deed of Trust by giving formal
<br />' written notice to the other partios,speC��ying thtit the purposo of the notiCe IS to ChBnge the parly's eddress. AII coples ot notices of foreclosure hom
<br /> _�..�,,,,...�e.,,,uo.,,.mi�n nac n.ioriN over this Deed af Trust shall be sent to Lender's eddress,as shown ne&r the beglnning of this Deed of Trust. �
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<br /> For notice pu�poses,Trustor agrees to keep Lender end Truslee inSormed at flll Ilmes ot irustor's curreni address. �
<br /> MISCELLANEOUS PF30VISIONS. The following miscollaneous pro�sions are a part of Thls Deed o►7rust:
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