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<br />_ .. � .<� Ot-0�1998 D�D ��T�I�ST •. �� P�g�4 ` �� . .
<br /> ``` . . `� Lo�n Mo 612713 (Contlflue� �$—'°������ -
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<br />- - �- -- end make ft avai�bte to Lender wflhtn thses(3)days eRer rec�iAt of vnittsn 4emtutd trom LenQor. - _
<br /> . ��dad�d�by Atq Deed Tm 9tust ma�y E�e a�b�lned(�eaeh es reQutred by tt e UNtarm C.�ommnn�al Cods?.e�e as sffited on the�Pos!p�Ws� C�e&d - .. .'� `�
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<br /> .• . • ofTn�f. • `
<br />.�'� FURTFIER ASSttAdMCES:A7TOAl1EYaE�-FACT. The tottowtng proWians retadng to fuAAer essuranoes and attom�Y-l�-facl ere a PeA al thb _ � •
<br /> �'. � , '. DesdofTtus4. ` .
<br /> °. . quUx�r qssur�oe� At anyr ftrce,and from time to tlme.upon requss!of Lendsr.Trustct xrm make.e�ute and d�ve[.at wiD cause�o he . :
<br />- , � .:= made.�cea�d or da*nrered,to Lender ar ta tsnder's destgnea.end when requosted by tender,eat�to De fQed,�rde0.rofited.or ..
<br />: ,.�' . rerecord�d.as the case cnay be.et stuh tlmes and In such ofttces an�ptaess as LenQsr may deem aPDroPrtai�.any and aD such mort�ge�,
<br /> : . . � ..�-_� dee�of bust.secuAtY deeQs.seautry s�eemenb.9nandn8 sffit�menb.Contlnuatton sfatemeab.ins4umants ot tuAhfrr 8ssurance.�rtl�. � .. r
<br /> �` and other Qocumenls as maY.tn the sote opinlon of Lender.trs neoessery►m desnab►e tn orQer to eEtectuate�comDtete.Dazfsel.eo�nue.ar _
<br /> - P�sorve (a}the ohlt8�ilans ot Tnutor under the Hote.tA�Dasd at Tns1.and tAe Re!at�d Oocumeeb.end (b)ths Ifer�s and s�urity i�b `.� _ -_
<br /> �j --- - created by this Qeed ol Trust as Wst end Pdar @ens on tha ProAeRY.whetAer now owned a here�r eequkod bY Ti�stor. U��s prot�DHad by r- - �- .
<br /> :• � taw or a�eed to the conbarS►by Lender in wriSng.Tn�stor&ha0 relmburse I.enQsr f�e0 eo�s and es�enses lactored in canrtec8an witb 1ha ` .:.
<br /> r- . tn81�t5 teterted to in this p8ta�sph. � �•
<br /> `�. Attomey�n-Fa�. If T�ttstor faffs to do arry of tho thtngs referted to in tAa precemng paragrayfi.Lender may Qa so tor and In ths name af
<br /> � Trt�,ior and at Tnmtors e�ense. For such O�uPoses.Tnrstor Aereby Uravacab►Y apyolMS Lendsr es Trustors attomeY-is�tad for ttta purpose � .. . �', i.^.•``.
<br /> .;,�:: oi maWng.execWng.Qefiier(ng,fi6ng,r6eording,and doing aB ather iNngs as may be neCessary or deslrable,tn Lend�s sots opinton,to
<br /> �;; ;; , acsompasA the matters refened to In tha prenedln8 Pe��D� '
<br /> .��`<�::� ` �.' FLLL PFiiPQAMdNCE if Tnistor paYs ell Uea InQebtedn�s when du9.end othe�se PeAO�eD the cbllgatto�impossd upon Trustot undet thfs
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<br /> t Y - Oeed af Trust,Lendar st�a(I execute and de�ver to Tnutae a requesl tot tW reconvayance and sAaU esecuts and QeRuer to Trustor s�itabla �
<br /> � �,:��,F�� rs��menS�o�t�t�m�4��ond b�ISw shaQ b Patd by Trustor.i1 perrN�tted bY eAP�cehle law��InLerest in the iierrts and the Personal PropeAy. Ao11 .. .'��,
<br /> 7 O�AtB.T. Each af the toQowing,at the opUon of Lendsr,sha0 consKtute an event of dafault('�ver�ot Oafaui�under this Deed of Tnu� r "�-
<br /> `�. .. �' Relault on tndehtedness.Fa�lure of Tnistor to make ar�yr payment xfien due on the IndebteQrtess. `�` , —
<br /> >`� ' Detmiit cn OtRer Paymenta Falure ot Trustor with(n the Ume reQuired by this Oeed of Tn�st to malce s�ry DaYment(ar�s or Insuranca.or :.:; . . : `��:�:
<br />-'K •� � arry other paymern necessary to preverd fi�ng of or to eHect diseAarge ot eny�en. :,"�
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<br /> C o m p II a r t c e 0 8 t a u l b F a t lwa ot TNStor to co m p►y with erry other term.obligaUon.cwenant or canQlloa eor�Ine01rt thts Deed of Tnst the ;,_
<br /> �� •,. .. � IVote or in arry o!the Ftetated Documa�ts. � �
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<br />, `'� �` - •y Fet&�gtatementa Arry wananty,repr�entatlon or statemeM made or f�untshad to Lender by or on behaif o}Tnaior unQer this Deed of Tnut, �.::� . • �..�
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<br /> =;,,. . . the Note or the Related Oocumerds is f8iso or misteadirtg in erry matertal resp�Ct,efther now or at the 5me made or fumished. : �
<br /> Oetectltre CoUa�limtlon. This Oeed of Tnist or arry of th0 Refated Oxumert�ceases to be in tuD force snd eftecl prtcludtng tailure of arry 'z''� �'=
<br /> � caitatersl doCUmertl9 to create a veltd and perfected sec�u(ty inter�l or tlen)at eny ftme and for arry reason. ' ��'� �
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<br /> . � �.� Oeath or Insohreery. The deatb of Trusto,the insotvency ot T►ustor.tRe apDOlntmar�t of e recet�rer tor erry part o!Trustors P�De�Y.8�N . _s?�t=
<br /> F .. essignment tor the benefit of creditors,any type of creditor workoul,or the commencement ot arry proceeding under any 6anicuph.y or -
<br /> .�,i . •� ir�sohrency laws by or agalnst Trustor. , _�-_-
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<br /> = . • Fo�eppsutp,Fptfetp�re,ete. Commencement of foredosure or foBeittue procesdings.whether by ju�dal procc�eding,sesheip,reDossesston �"'<y._�r__
<br />-'_; ...-_-- - ';;;.� or any ofher method.by ar►S�aed'itor of Tnutor or by any govemmer�tal agency e8atnst sny ot tAe ProperlY- However.this sutisectton st�aII nol -- �� �--
<br />_ . apDty tn the evenl of a goad feith dtspute by Trwtor as to fhe vat►diry or reasonabteness of the c�m wt�ch Is tAe bas�of the faredcswa ar .--:-=��'�-��--"-
<br /> � • ` � torefetture praceeding,provtded that Tiustor gJves Lender wrftten no�oe ot such etatm anA tumLshes resenres or s surety 6ond tor t�e ciaim �;,.;�;
<br /> satlstadory to Lender. ,`'�..
<br /> • ' •�,,:, Btescp o9 01lter A�eo�nt. My 6reach by Tnistor under ths terms of arry otner a�eament betuueen Tnsiar and Lendar that is not rememed ' y�-n�
<br /> ' � withln arty grace perfod pravtded thereln,including wfthout Nm�a�on any sgreement concemtng arry Indebtedness or other obiigatlon ot Tnlstar ,;''��,,;.• -�
<br /> . to Lender.whether e�Ong now or tater. :+ _-
<br /> '� = Eventa AHecting Quarento�. My of the preceding events occurs wlth respecl to eny Ouerentar of any of the tndebtedness or arry Guarantor •. ;, �-
<br /> �`� • dt�or becomes Incompetent,or revokes or dfsputes the vaUddyr of,or uabUity unQer,any(ivaranty of the lnAebtedness. Lendet.e!its apUon. .�.
<br /> � � may,but shail nat be requhed to.portnil the Quarantors estate to essume uncondiHonelry the obtlgation9 eAStng under the guaranty tn e �;-$
<br /> ! � • manner satisiactory to Lender.and.in Qoing so,cure the Event of OefaulL • ' =�°'
<br /> � I�aecurlN.Lender in good taith deems itselt Insecure. �` . .�. ��_
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<br /> `� ' � At�t to Cure. If such a feilure is curabte and It Tnutor has nat bean gtven e noUce of e breach of the same provislon of thfs Desd o!trust , „�_
<br />: .�,. ,� , . � within the precedtng twetve(12)morrths,it may be cured(and no Event of Oefaufl wI0 hevB occurred)H Tn�tar.after Lender sen�wrfiten . ?'
<br /> ,: �e � { notlCe demandfip cure of SuCh t8iiure: (a)C1ues 1A0 faiture within ten(10)QBys;or (b)�t the cure re4utres more than ten(t0)days,imme�atery � :s�
<br /> : �; • :� iniUates steps suNtctent to cure the faiture and thereafter coaunues an0 comptetes eD�easonabte and neoessery steps suffident to proQuce �'
<br /> : .� . , oomplfance as soon es reasonabty Praclkal. , . � �
<br /> _+ �`�( . � . ��"� RIOM'9 AND RE64m1ES OAl OEFAt1LT. UAon the occumar�ce o1 anY Event of Oetault and at any tlme thereafter.Tnistee or Lender.at ib opUon. �� ,�,��i-
<br /> � :,. j may exerGse any one or mare of the fouawMg dghts and remedle9,In addiflon to erry other Agh�or wmedles prwl0e0 by 1aw:
<br /> �:;�_ � . •i Aeeeler�Uon upon Oefauih,Addlttonal Remedtea If any event ot QefaNt occurs as per tha terms ot the Note seeured hewby.Lender may �.
<br /> � Qeclare ell Irtdebtedness secured by th(s Deed of Trust to be dua and payabie an0 the same shall thereupon bacome due end payable without
<br /> '��� • S any pr�entment,demand,protest or noUce of any kind. Thereaiter,Lendar mayr. . .
<br /> • ' -::� (a) Either in person or by agent,wlth or wlthout brfnging erry acUon or proceeding,cr by a reCetver eppolnted by a court and withoul .�
<br /> . � regard to the adequacy ot its secudry,enter upon an0 fake passsss�on o}tne Property,or any part thereot,tn its avm name or!n tha namo
<br /> ot Trustee,and do any ects which it deems necessaiy�or desbabfe to preserve the vaiue,marketabUity or rentabmty ot the ProDeAy,or paA ;
<br /> _ . � ot t�e P►cpeAy or interest in the Proporty;inaease the income from iha Properiy or protect lhe secudty of the Properly;an0,with or wilhou! , • •;
<br /> taking passession of Ihe Property.sue tor or otherwise collect th0 rpnfs,Isgu�and profib ot ing ProAerly.tnctuQtng those past�e and ��.;�
<br /> �;.I.4 � unpald,and eppry the same,tess wsts and m�enses ot operaUon and coltecUon,induding ettomeys'feas.to any Indebtedness secured � _ .
<br /> , � by this Deed of Trust,ell In such order as Lender may Qetsrmirte. The entedng upon and telcinp poss95sion ol ihe Properly,!he ccUecUon
<br /> of such�ents,issues end profits,and the appticaUon thereot shall not cure or wahre any defautt or noU�e o1 dsf8W1 unQer this Dosd of Trust
<br /> ,.'1�; � m invalidate any acl Qone in response to such dsfaNi or pursuant to such noUca ot defauil;and.aoi+MMthstanding the conUnuanee in
<br /> " . ,. �� po-,sesslon of the PropeAy or the collecUon,rocelpt and aDp(ICaUon ot renb,Issue9 or profib.Trustee or lender Sh80 Oe�,r_'�ed io
<br /> . ; � exerGSe every dght provided for in ihe Note or the Reteted Oocuments or by(aw upon the occurtence o}any event of dstatdt.ine"�rf Rg the :���
<br /> rignt to exercise the power of sale:
<br /> I (b) Commence an aCt�on to toreclose this Oeed o}Trus1 as e morfgage,appolnt a recelver or Speclftcelly enfaroe anY of the ccvenanb � . .
<br />, j hereoi;and .' �
<br /> • � � (c) Detiver to Trustee a written dectaratto�ot defaull and demand tor sa►e and a tivriften noUoe o1 defaNt and electlon to tause Tnistor's
<br /> ... �� � Intecest ln the PtopeAy to be SO�d,which noUCe Ttustee shall CAUSe to be duty filed for reCOrd In the appropdate offlces of!he Caunty In . �
<br /> '=: which the PropeAy is located:and `
<br /> . f (d) With respect to ell ar en (
<br /> y part of the Personal Property,lende�shall heve all fhe nghts end remedles o18 secured party under the
<br /> -" Nebreska Unitarm CommcrC+�l COd� .
<br /> Foreetosute by Power of Seile. It lender elects to forectose by exercise ot fhe Power of Sete hareln contalned.Lender shall nollty Trustes and �• •
<br /> , sha11 deposit wilh Trustee Ihis Oeed of Trust and the Noto end such recoipts and evldence of e�end'+tures mada anC secure0 by lhis Qaed o}
<br /> �- �• • Trust as Ttuste9 mtly requU9. : .
<br /> " � (a) Upon receipt ot such nottcs from Lender,Trustee shau cause to ba recorded,published anC Qeltvere0 to Trustat such NoUce of Oetaulf I ,
<br /> � and NoUce of Sala es tAen requlred by t8w and by lhis Deed of Trust. Truste9 shall,wlth0ut demand on Trustor,eRer Such tlm0 as may •
<br /> • , � then be requtred by lew and after recordaUon of sucn Nollce of DefaNt and etter NoUce of Sale having beon given as required by Iaw,sell � •
<br /> , fhe Property et the�me and placA o}sale foced by it In Such Notice of Sate,BilAOr es e who10,or in 58parate lots ot parce's or items as �
<br /> , • Trustee 5�eli deem exped�ent,and�n such order eS d mey detarminB,et pu61iC auCtion to ihe hlgheSt bldder tOr C85h In Iflwful money ot i
<br /> � ' the Unaed States payable at the tlme o�sa�e- Trustea s�atl dolivsr lo such purcnnser or purchasers thereof its good and sufRCienl deed or � ,
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