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<br /> - �t �y 209700 12/23/1996 �•"7''�+���':L
<br /> � R2CN.ARD W CONRAD DBNA CONRAD `��, � �Q1,11�.it �� ' ���,-�'.��
<br /> 9. Con��natt�n.The pxoceeds of any awo d�rt��e et�r danf�ecodve�yunce cn lieu f iwudenu don��are liercby
<br /> condemniticm or other taking of the Yroperry. P
<br /> ass}gr:al s��d s1i�11 be paid ro Lendet,subject t�d�e tenv�of nny nturt�aBe, deed of tYUS�i�r udeer securiry a�reemeut with a — -
<br /> � lten wtiicl�I�as priority over thfs Deed of Trust. �
<br /> 10. Sorrower Not Hle�easedi Forfiearas►ce By Lender NoE a Waive�•. Exteiuion of the tinie fur payuieiit or
<br /> Imodlfication af amortiTadoa of the sums s�:ure�er�the� bility o the oE�� B�owertand Donower's succetssors in � �
<br /> 1 Bc�nower shall aot aperate ta release. In any ccessor or refuse to eatend dme fur payment • . _
<br /> � interest. l.ender shall not be requlred to comnience proceedings against such su
<br /> ��r otherwise ntodlfY etuorti�ation of the sums secured by this Dccd of Trust by m�son n�any demand made by the original ,
<br /> Harrower and Borrower's successors in interest.Any forhearance bY l.ender in exenisla4g uny d8ht or remedy hereuuder.
<br /> . or otherwise afforded by applicable law,shn11 uot be a waiver of or preclude the exerc�e co�venants and agreeuients herein
<br /> �� �•r� 11.Successo►�s a�►d Ass��re Bound;Jot�t and Sever�l I,�abillty;Co-slgners- ,
<br /> contained shall bind.and the rights hereunder sl�all inure to,the respecd�e successors aud ass18�of I.ender and Bonower,
<br /> subject ta the provisions of paragraph 16 hereof. All covenants ancl aIIcee�ents of Borrower shall be joint and several•
<br /> Any Eonower who co-sigas tWs Deed of Tntst,but dces not execuce the Note, (a) is co-slgning this Deed of Ttust only to
<br /> grant as�d convey that Horcower's interest in the Property to Trustee under the temis uf this Deed of Ttust, (b) is aot r _ ,`:
<br /> personally liable on the Note or under this Deed of Tnist,and(c)agrees that Leuder and any other Horrower hereunder -- �:w.
<br /> . , .'�''A;:- �'
<br /> m a y a g r e e t o e x t e n d,m o d i f y.f o r b e a r.o r m n ice an y other accommodations with reg�d ta the terms of this Deed of Trust or • ' ^�+...,•� .
<br /> �`� .��;��--
<br /> the Note,without thac Borrower's consent and without releasing thae Honower or w o d i f y ln� t h i s D e e d o£T i u s[a s t o t h a t '� ,2, J_-
<br /> ,�+ _��.,
<br /> �. � Borrower's interest in the Property. _
<br /> 1�. Nottce. Eacept for any nouce required under applicable lav�to be given ia another manner, (a) any nodce to �,:� —
<br /> � Honower provided for iu tl�as Deed uAT�a��a��other address as Borrowe u�aY�i`�te by odce to�1-ender as ' --
<br /> r��?• addressecl to Borrower at the Proper[y
<br /> � `` provided herein,and(b)a�►Y nodce co l.ender shall be Siven by certi6ed mail to L.ender's address sqted hereiu or co suc n�.
<br /> �. . 4 _
<br /> � other address as 1.ender maY designate by notice to Borrower as provided hereia. Any nodce provided for in this Deed of 5��,.
<br /> ;.,�:, � -:.: —
<br /> Trust shall be deemed to have been given to Boaower or Lender when given in the nwn�er designated herein. �:..
<br /> t� # 13.Governin8 Law;Sevecabil[ty.The state and local laws applicable to this Deed of Trust shall be the laws of the ,� . ' �-�--�-��,�_
<br /> juri s dic dan in�vhich the Property is located. 17ie foregoin�seatence shall not limiethe applicability of Federali�ble Iws !;�`�;����v
<br /> ���:� Deed of Tntst. In the event that any provisiou or claase of t2us Deecl of Tru.St or the Note con fl icts with a p p _��
<br /> ; suc6 conflict shaU not affect other provisions of this Deed of Trust or the Note which can be�iv�n effect without the '""�3'
<br /> confliceing provision, and co�his end the provisions of this Deed of Trwt and the Note are declared ro b���bieb�w or
<br /> �� used herein� 'costs", "eapenses" and "attorneys' fees" include aU sums co the exteat not rahibited b app' �,
<br /> -�_ `.
<br /> �: limited herein. .
<br /> � ,',�.,% 14.Borrower's Copy. Bonower s3�a11 be furnished a confor�ued copy of the Note and of this Dee�of Ttust at the �
<br /> �t• • dme of execudon or after recordadon hertof. ;:i.;, .
<br /> 13. RehabilltAtion Lw�n ASreeme�tt. Bonower shall fulfill all of Borrow�r's obligadons under any home , '
<br /> '• at Lender's
<br /> :•;%'�?i • rehabilitadan, itnprovement.repair or other loan agreement which Borrower eutersinta witli I.ender• 1.ender.
<br /> �S:r.�;i;•• , r•
<br />�, ,,,;.. . apdon, may re9uire Borrower to execute and deliver to Leuder, in a form acci�Ile�to �S or serv�onnecdon ' ` �-,'
<br /> , , rights. claims or defenses which Borrawer may have against parties who supply ; ,..•:
<br /> with improvements roade to the ProPertY• �I,?.
<br /> ;:";f 16.Tr�u�s[er of tt�PropeitY or a Beneticial Interest[n Bomower. If all or any part of the Propeny or any interest — ,
<br /> in{t Is sold or transferred (or if a Ueueficial intecest in Borrower is sold or tQaasfernd and Borroaer i� noc a natural
<br />� " ' .� person)wltho st�of Trustr However�chis�on o�n s}�all not be eaercised by I.ender�if exe Isc isProhibited�by federals .��:.A��� r
<br /> _ • 4;,� securetl by thi �"��-
<br />,�- I ����'�� law as of the date of tlus Deed of Trust.
<br /> �:+� . -:; If[.ender eaerctses this opdon. Lender shall g�ve Borcower notice of acceleMdon.The nodce sha�l provide a period
<br /> ^� of aos less tl�an 30 days from the date the nodce is delivered or mailed within v�+lv�h Bo�rower must pay aA sums secuted —
<br />,'�; �� � � by this Dad of Tcust. If Borrower fails to pay�hese sum�priur to che expiration of this period� Le�sler may In�oke any �i_
<br /> �::'�. remedies permitted by thls Deed of Tnist without further nodce or demand on Banower.
<br /> '. •* : NoN-U1vIFORM CoV�NANTS. Boaower and Lender further covenan=and�a8�cee u�n°��wer's breach of any --�
<br /> l7. Acrrksallou; Remedies. Exccpt os provtded in para�caP � the end oi 10
<br />�:�-,k. rnvenant or pgi�eanent of Borrowes' In thlg Dced af Trust, including Bore�awer•s fatlure to p�y� Y
<br /> ' • calendar day�Wter they are due,any sums secured by thls Deed of Tn�st, Lenda�pdor to aoceleratton sl�all slve �4- -
<br />�:�.:�-� notice to Borrowec ae provtded [n paragrnPh 12 hereof speclfytn8. (1) the breuc6i (2) the acYlon requlrcd to cure = — — __-r_
<br />_ " •r � such breachi (3)a date,not less ttwn ZO days from the date the notioe is malled to Borrnwa,by whlch such breach �s 1;-_..�
<br /> must be curedi and (d)tt�at faiEure to cure such 6reach on or before the date spxTfl�tnotice shnD turther fnform — --=�--
<br /> �. � aceeleratton ot the swns secured by th9s De�l o[Trust and sale of t6e Froptaty. �-y+..r=--.
<br /> , , y �1 �_--.Y�9.
<br /> ,:. Borrower of the rlBht to re6mtaYe atter acceleration and the rigbt to bring a court act�on to asse�t the nonexlsten�ce of
<br />?': �` a defautt or any other defense of Borrower to acceleratlon and sale.IP t�e breach Is not cw�ed on or before the date „��y�,�; „�^�
<br /> x.ender, at Leuder's optton,may decicue ail of the s�mis secured bY this Deed of Trust to be i�3:.�t���r"r'::,r•.
<br /> i��.(�r�.:,a�•'�1�:N�/�-
<br /> ��� � epecified In the notice, ...:.�„„��.. .
<br /> ''`�;` tmmedix2eiy due and pmyabk wii[wut tYuther demend and may Invoke the power of sale:uid any ather e+ernedies ,-.���,-;
<br /> �•'����;' pern�ttted by applia�ble law. Lenda' shall be entitled to colleci all rewson�ble costs wnd expet►SCS lncnr�cl in . :;L��,^;:
<br /> . ,;5 '� h 17�includ�n8�but not limited to�reasonable attorneys'fas. h��,,':;:,Y,;,ri...
<br /> , * � putsuln�the c+e�tedies provicled In thls para8rep L.''�. : ''
<br /> . : . If the power of sale Is invoked,TruStee sl�all record a notice of def�utt In euch rnunty In whlc6 the Property or �.y,....
<br /> .. ,.•{4::. Itcable law to , . . .. .
<br /> ::.:`:� some part t6er�eof Is located aad shail mull c�oples of such nottce tn tbe minncr prescribed by app
<br /> �� ' gnrrower and to the other persom Pmscrlbed by applicable law.After the l�pse of such ti,ne as may be requifred by -
<br /> -- _�_....�_e....N�.....���p nf,aale to the aersons and in ttu maiu�er Prescribed by appUcable
<br /> __ -_ _ __ . .�_-�--
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<br /> aPPltcaote iaw, .r�n�u�..�•6-•� r�--------- - - at ub19c auction to the tllghest Uidder ai zne i�e - _ -
<br /> law.Trustee,ewithout de�nand on BorroKer,shall seU thP Property P
<br /> end pinte�snd undci'the tenns desi8nated in the nottce of sale in one o�mo�e psrce�s'a�►d�t�n�s�����T�� •
<br /> may detern►Ine.Tn�stce maY postpone sa►e of all or any parcel of the ProisertY bY P '
<br /> ar�d place of nny previo�ly scheduled ssle. Lender or Lender's designee may purchase the Property at any sale.
<br />- Upon recel�t ot payment oP the price bld,Trustee shall deUver to the purchaser Tnutee's deed conveyfn�the
<br />- • property sold. The recitsls in the Trustee's deed shall be prlma fade evtdence ot the tnrth oP tha stnttxnents made .,
<br /> ' theretn.Trustes shall apply the proceeds of the sate In lhe followtng order: (�)to all reawnabte costs and expe�sses of z,
<br /> - the snle,tncfuding,but not ILnited to, Tnsstee's fees actuelly huurrea of nat imore than S'k of the gross sale pdre,
<br /> ' � reasonnble at4orneys' fees and costs nf t[tle evtdence; (b) to all sums secured bY thls Deer1 of T�ust; and (z) the
<br /> • ' excess,if any,to the pe�son or persons legally entitled therMo.
<br /> i . Ncbrnsko 26876•3 ii/96 Origiaal(Recorded) Copy(eresnch) CopyfCue�omer) Pngc 3 of S
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