� ti�.�.. �i . .. �� '
<br /> >� , .. �. ��.tY, .
<br /> 41 . -
<br /> .�.._.._"'_"".�— __ . . . . .—_ .� "'--__-
<br /> _ , ,�.��
<br /> � �MA .r.vjp,s.��(� . ... _ ' . —'___. ._ .�.. _..—"_ _'_ 'kYr.i�-�.�,:. . _.�w-�.:-"�_'..
<br /> -- n '�.�L71w1� . ' _ - .. .'��.'�!�.RF��ifr.ay_JWfe n.u...., . _ .. _._ .. . . �
<br /> , . . _ r --
<br /> , �`-:
<br /> 1 l.�
<br /> � �
<br /> ,, t.
<br /> : � �- �(�99'�'3
<br /> �� � 3.2 If the aocurity or any part theseuf is damaged by f1YC ox oChe: cnuae
<br /> • ,:;,�:� including condemnation, Truetor ahall giva lmcnediate writt�sn notice oE the event
<br /> to the Beneiiciacy. Truator shall use any praceodts of com�enoation for the
<br /> ��,� �_,�,,� damaged Erom the insurance, condemnatlon avard or othexvioe to restore or
<br /> `�� Yeplace the proceeds to the Beneficia=y at thcs option of tho Honeficia=y. ff
<br /> pact o£ the aecurity Sn damaged, the TrustoY shall reatore, xepAlt, or alter the
<br /> � =emaSning pcopeYty in a manner satiafactoYy of tho Beneficiaxy. �;�.
<br /> - 3.3 �he Beneficiary oe 1C's xepresentative in hc�rc�by authocized to make or __
<br /> • � � cause to be made reaesona4le entries upon and inapectlons of the premises. _--�
<br /> 3.9 The Truatee shall pYOmekly comply vith atl pxeaent and futuce lavs,
<br /> � ordinanaea, rules enc9 zegulationa of any govesnmental authority affec�ting the _
<br /> , ,� premises or any PaYt thexeoE. Thia ahall apply to any constcur.tlon upon the
<br /> premises as vell as tho opetation of. any businPes upon the pcemiaes.
<br /> .' � 4. Insucance. Truatoc shall keep the seaurltX insured againnt: IS) 1 oss by
<br />-'s' perils covered by atandard fire policy vith standard extended covecage
<br /> .��-.J� endorsement, in an amount equal to 1904 oE the full Xeplacement value of the
<br /> -• • � secuYity vithout Aeduction fo= dspreciation; ,2) liabillty insurance foc the
<br />;•;+:.:��t,�+'�, benefit of the Beneficiary and Truatee Lo protect the BoneEiciaYy and Truotee
<br /> , fcom any and all clalns of personal inju=y os propetty damage aclaing from ox
<br /> ,;,;,�:,`�� out of the premises; and (31 other insurance normal and customary for ovnexr� and
<br />-,°,�c.��,4c;?�wi';�� of simllar property. Further, Benoficiary may xequize any other reasonable
<br /> • �, insuxance to protect the ser,urity. All Sngurance shall be paid for by the
<br /> Trustot, ahell be in form and by company appzoved by the Heneficiary, ehall
<br /> V'�-•�at insure the Bene£iciary, Tzustee and Trustor as their interestg a�pear, and
<br /> � � �- ':�::►' ahall provide that the insurance company shall notify the Beneflclasy in vriting
<br /> � ��'" at least 30 days befoYe any cancellatton oc te�ml�iation becones effective as to �
<br /> '"a�' t:he Heneficiaxy.
<br /> :;.;..,.
<br />_;�.;;,.',"•�r? 5. Taxes, Aasesements, and chazgas. TYUator shall pay ali taxe6, Asaeaamenta,
<br /> llens, and other chargen Lncluding utllity chacges vhich may affect the security
<br />"'���1;�?f� as they are duo and before they aze delinquent. Upon reguest, Trustor shall
<br /> -"'-=-=--- 8110M Heneflciasy prooi OL payman't. 'CIU3LOL nnnll Hdy q1a i.oiGO6 8i�u no6cBomoA�o
<br /> •=;;�:�;:�z' ��' vhich may be levled upon Heneficiary'e inte=est herein oz upon this Deed of
<br />;����:��� Trust wlthout regacd to any lav in effect or that may be enacted imposing
<br />=+��^ pay�nent of tho whole oz any part of therefaze uPon th� Beneficiary.
<br /> 6. Condemnation. Tho proceeds of a condemna+tion award are he:eby assigned and
<br /> — shull be paid to Lendcr and shall be applied to the sun�s secured by thiss Doed of
<br /> -- — Truat, vhethex oc not then due, vith any excesa to be pald to Borrover.
<br /> ::,�,'�,,� 7. 1�dditioaal Llens and Pcotection of 9ecuzity and subcogetian. Henef3cia:y
<br /> in sole dlecretion may makc any payment, expend or �dvance any funde it deema
<br /> __ -- necessaxy to protect the securlty of this Deed of Ttust. Such payment,
<br />-•----"��� expenditures or advancements wlth �hall become socured heresby.
<br /> -=y����� 6. Default, Remedies, Accelexatlon, Sale. If the Truator does nott (1) pexfor m
<br /> _ ° — any of the covenants oE the Deod of Trustj or (21 !f the Benoflciary has to
<br /> ----�� oxpend suba to �sotect the security, then Ttuatot has breached his agzeement, S.s
<br /> — ln default and thd Beneficiary may declare default attd �ay declare all s uea
<br /> eecuced he=aby Ln�nediately Aue and payable and auch suno ia�nediately becoee due
<br /> and payable vithout preaentaent, demand, pzotest, or notice, of any kind except
<br /> - aa may be provideA !n the Deed of Truat Note anc3 may invoke the povet of ea le
<br /> -- -�----- an�/or any other xa�edies permitteC by aQplicable lav including the sight to
<br /> Eoreclo3e this Deed of Truet in the mannec provided by lav for the fo=ec loavxe
<br /> - — of mortgages on real eatato. Bene€lciary shall be entitled to collect all
<br /> — ceaeonable costa an9 expenees incurred Sn purauing auch reme�iea inciudi�; but
<br /> ----°-—= not limited to, reaeonable attorney's feea.
<br /> � l�. Tf the pover of eale is invoked, the Truatee shall proceod to sell the
<br /> _.____._ property con�plyinq wlth the Nobraska Truet Deeds 11ct in regard to notice, tine,
<br /> ���� and sanne= of eale. The Tcustec ar�y sell the proporty in one oi nore parcela
<br /> and 1n euch or8ec aa the Tcuatee n�ay dealgnate, at publlc auction to th� hiqhest
<br /> �..�_-�� biddec, pnrchaae price payable in cash oc ae othervise euitable to the T:ustee
<br /> at the tiae of eale. The TcusCee may postpone the sale £roe ti�ne to time. Th�
<br /> — Tru�tee ahall execute and delive= to the purchaser a Txus too's deed conveying
<br /> - — �� the hroperty aold, but vithout any covana�L or varrdnty, expreee or Lnpilea.
<br /> - -��-„� The recitals in the deed of any matters or fucts shall be concluaive proof of
<br /> — _ �`' tlie truthEulness theeeof. Any peraon, incl.uding vithouL• limitation, eene£iciary
<br /> "� �_��" or Truatae, may puxchase at the sale.
<br /> �:�:-a:;;�`'Sc"�.�� B. xhen Txustee sella pursuant to the poore=s herein, Trustee shall apply thc
<br /> -s:v.:%r?"�"' pzoceeda of the uale to the payment of the costs and expenses of exercising the
<br /> �_�"���;.w�� • power oE aale an8 of the aale, including, vlthout limitation, th� payment of thc
<br /> ��-{;;,t„_v,�: � Trusteo'e fees incurYed. Trustee's feesa heYeunder shall be deemed xeasonablo if
<br /> _ ��"�: - they a:ce the yreater of elthoe the actual costs incurred by the Trustoo•s o=
<br /> -.�rV..�.��..� .�.
<br /> _ -�:_j,, �-���, : _,1_� of the Cwlunce of the oziginal a�nount eecuzod hereby. I►fter the payment of
<br /> -�?r the Tcuatee'a feen, Lf the sr+le is by a Truetee, or the pcoper coutt and oCher
<br /> �_�','�`"; costes of fo=ecloaute and ealo pussuanE to judieial foYCClonurc, the pzoceods of
<br /> _��.'� ' �._,.•- � the sale ahall bo applied ln the order stated below to the payment of:( 11
<br /> �r�;�� Attorney'a fees and coat� of collection; (2) Cost of any ovidence of ti�le
<br /> �°.�*�;�;_��, procurea in connectlon Mlth sucn eaie and eny revenua o� zax �oquicca i.v �o
<br /> _ '.::��.,,� �paid, t31 1►11 obligations secured by thia Deocl oE Trust, (A) ThQ remainder, i£
<br /> any, to the poroon loqaliy entitled theroto.
<br /> �
<br /> 1 f •
<br /> i
<br />
|