. . - �+ : .. ` . � �.(, ,,�.t � .,�4 .�! .� � ._y,�..-,.._t��1. F' 1. ^ � ..
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<br /> ' . , '� "�ie• .
<br /> • � 10.TALISTOR N8T RELEASEB; FORBEI#RAAiCE BY BENEFi£IARY NOT A@IAIVEft.Extension of the time for payment � •-�" �� _.
<br /> ' � � aP modi$cation of umortizotion of thu sumy secured by this 8ecuriey Inatrument grunted by HeneGcinry W nny successor ia - ��.-.s�=�.- '�_
<br /> intemat of Truaior ehnll not operate to relense the iiability of tho ori�tnnl'I�u-4tor or Trugtor e succcssorn in tntcrest.Beneficinry , ' � ,+`;.
<br /> .. �, � shnll not tm rc�uired to camr.icnce procecdin� aaainsi uny sucecssor in interest or rofusc to estcnd timc for paytnent or , ; '`;,,,-='-.'�_'
<br /> � othenviae mxlit�+amartisntion of thn eums Recured by this 5ecurity Inatrument by reasan of any demand made by tho origfnal � " `� ,
<br /> � � 7�ur+tor or Traqtors auccesyorA in interest.Any forbcarante by Beneficiury iz� exercislnQ:►ny rigfit or mmedy ehall not bo n , ; _
<br /> � �vnivar�og precluae the exerciFC of nny right or remedy. � . , � -
<br /> � _ _.-��"-.
<br /> lI.'!'fiANS�ER OF TH�PROPERTY OR A BENEFTCIAL INTEREST IN TRUSTOR.If oll or nny pttrt of the Property �,.
<br /> �. � or nny interest in it is sold or tmnaferrcd i or if a beneficial interest cn'[Yustor is sold or trnnvferred and Trustor ie not o � .
<br /> - natural persan�without Beneficinry'a prior wri4ten conaent.Beneficiary may,nt ita option,mquire imffiediute payment in .. _
<br /> � -�r� � fuU af nll Buma secured by this Security Inatruaient,however,this option ehaU not be exerciaed by Hene6ciary if esetcise • . � _ -
<br /> —� � is prohibit�d by federal law us of the dnte of tbis Security[nstrument.If Benefiriary exercises this option,Beneficiary shull .
<br /> ,--F,_ , --
<br /> give Tn�sior notire of accelemtion.The notice shall pmvide a periad of not less than 30 days from tEte date the notice ia
<br /> ` delivered or mailed within which the 7'tivstor must pay all aums secured by this 8ecurity[nstrument.If Trusior fails to •
<br /> � pay these sums prior to the expiration of this period,Beneficiary may invoke any remedies parmitted by this Security �` . - . ... _
<br /> � Inat�vment without further notice or de►nand on Trustor. � _ -
<br /> '`°- 12.EVENTS OF DEFAiJLT Any of the following evente ahall be deemed aa civent of deftf?�ult hereunder: ._ _ _ , -__ -
<br />_.',��'::<, a Trustor shall have failed W make paynaent of any installment of interest�PrinciPal,or priacipel and int�st oz ,��� , .�',
<br />�.''"• : °: any other aum securerl hereby when due;or ,• =':�`�
<br /> b.`19��re has occarred a breach o€ar default under any term,cuvenant,agc�em�t,coaclitzon,Provision.represen- '• `..,;�.�e,.-' _
<br /> � � � � tation or wsrran�q e4ntained in any of the F.oan Instrumenta. `'��:±��_°.-1-=.
<br /> 13.t�CCEI.ERATIQN;�DdE.S.Fi��ciany shaLL give notice of de£aulL�'1'�ustor rior to accelerste�f�llowing �`° , '�"�
<br /> ,'-.:`r P •�;',�_� _-
<br /> �'rvsCa�s breacln of aay eave�ag.t or a�e�eat ia t}�is'TnasC Beed TFae notice skall s�ecify:(a)the default;Ob)t��aefaon �r-;:,>._..r_
<br /> ' � aequired t,o eure the defanI�tc�a dat.e,nat Iess tha�30 day�from�Tae date the motice is given to 7Y�usto�by�ich the ;-_��
<br /> - defau3t meist isx cured:and(d)that failure w cure 4he defauIt on or lb2fore the date sgecified iaa tTae aotice say r8snit in �_,��=�-'_- �.;
<br /> . aooelaratioa oFtTae sums s�cur�9 bp this Ses�xsitp rRStrn�+*Pnt aud sa?e af the Peugerty.'Phe aatic�s4iall fuYther inforffi E " �
<br /> r �-�.�
<br /> 'I�`castor of the r:ght w reinscWt�afGzr z:��r.�on simd fixn_ri�t to�ri�g a rnurL ac�on to asszaS t�noa�st�xsce of a �� , frt -
<br /> r :. r'r��ult or any oiher defens2 o6"�n+s�ar t�sar,�.pratiars a,udt s=!�If t�=defautt is�nt er�-ed on or b��;e the�s��afied �r� ,,.--�, --
<br /> ..�, :n��notice.Beneficiary�fis:. �f�'CII 1&�= 2'EQ11118 i��-.�,a;ate pa�4..IlL III�^TTT�.?..rc HllII18 8C'C11IEI;� `�99 w�'2«"t1Tl� ��r n'��.
<br /> , ` ,L : ir.strument�itTxcut further cE:and za�.we�invoke the power of s�l.e:-.�?acy N3�a:�emedies permitted br:.�'�i:;rable -° �,�;"
<br />,'_i;•�'�.,. law�ustor sFisaTi he entitled to collect •aT;r z.-penses incurred in p��,�e re��ss provided in this ParagraPh 13, .v�:�.? �a�.t:
<br /> lY
<br /> f , `� � including,�ag u�L•;mited to,reasonable a+��-ney�s fees and costa of r:������ce.�i�oa�er of sale is invoked,l�ustee ehall `�:�
<br /> � �-�.,d a nc��-sc de.Fault in each county in which any part of the PropE,.-�v is locataW:�d ehall ma�7 copies of such notice �`f'+ "
<br />-:::� .�,�� . 'r.L'f�+�'L.n,;
<br />_:::*.,�:,'•.-j is„t3xe�an:xr rsrescribed hy appficable law to Truator and to the other persons pre���by applicabte law.After 2hs time
<br /> � , �e,�r,�+,��y���:able la�,'L�.v.ctee s3iall�e pub}ic notice of atile to t�e pessons anc:�the man�ter presenl�by$PPli�- Y,, <�
<br /> :�� ^�! ��:aiv. �lr��a without�s�aad an��:M ahall sell the Praper��.��public auction to the���:.rsL bidd�at t�iYe time a� ��;;�.
<br /> � ,��� :�,s place and cmder the terms deaigaat�t��•rTs.2 notice of sale in one��r�..�:�e parcela and in any���rT*_�ns�ea determinea. ,,. � !;`�`�`r,,:_
<br /> �xustee maq pastpone eale of all or any�.scsi of the Property by pv�::.�c�.nnouncement at t6e t�z�,�:.,3 gla.^.e of eu►y pre- c�r,, y`t��t,4� �
<br /> vionely scheduled sale.Beneficiary or ite designee may purchase the Property at any sale.Upon receipt of gay,m�04 tht! r,,r ,���,E t�;�v�,.
<br /> prIce bid,Trustee ehall deliver to the pnrchaser Trastee's deed conveying the Property.The recitala in the�nteYmr�°s deed �1��� �,.,,°•-�.,:,:
<br /> � f e statementa made therein.Trustee ehall apply the praceeda of t�e sale in +� .+. '-. ; �.�
<br /> shall be prima facie evidence of the truth o th
<br /> the foUowing order.(a)to all expenses of the sale,including,but not limited w.�usteee fees as permitted by apglicable �'
<br /> . Iaw and reasonable attorney�s fees;(bl to all suma secured by Wis$ecurity Instrument;and(c)any eaceas to the person os � � r•�. ;ix.
<br /> i
<br /> 4 .L
<br />. . persons legaqy entitled to it.
<br /> ° 14. BEN6FICIARY IN P09SESSiON. Upon acceleration under paragraph 13 or abandonment of the Property, ;�r
<br /> • ' Benefiaary lin person,by agent or by judicinlly apyointea receiverl ahall be entitled to enter upon,take pnsseasion of and -`'�_
<br /> maaage the Pra�erty and w collect the rents of the Pmperty iacluding those past dae.Any rents colleMRd by Benefidury ='� �� �___
<br /> • or the receiver aha116e applied first to payment of the coste of management of the Property and collection of rente.inelufl- •'��
<br /> •;,::�,'. in�.but not limited W,receiver's�fees,premiums on reoeive�s bonds and reasonable attorne}�s feea,and then to Lhe eums '=-
<br /> . • secured by tble Security Iastrument. • ���� -`
<br /> lb.REMEDIE9 NOT EXCLU9IVE.Truatee and Beaefiaary,and each of them,ahall be entitled ta enforce payment �.�. '-
<br /> • and performance of any indebtedness or obligations secured hereby and to exeirise all righte and p�were uader this Deed =
<br /> olTruet or under any Loan Instrumeat or ot�er agreement oz any lawe now or hereafter in force.notwitl�atsnding some �.�'_
<br /> ' '. or all of the auch indebtedneas and oLligations secused hereby may now or hereafter 6e otherwise secvred,whether by -__
<br /> mortgage,deed of trust,pledge,lien,assignment or otherwiae.Neither the acceptance of tbis Deed osTrast no:ita enforce- ���_:.
<br /> � ment whether by wurt action or pursuaat to the power of sate os other powere herein contsined,ehall Drejnd.�x or m any ;�---;-:_=
<br /> maaner affect Tivatee's or Beneffci�s right Co realize upon or enforce eny other secu:ity now or hereaRer helcl��r vruetee ����;_���=--
<br /> or Beneficiary.it being agreed that Truatee and Beneficiary.and each of them,shaU be entitled to enforce this A�1 ofTivat HF=-��-�•
<br /> and any othes aecurity notv or hereatter held by Beneficiary or Trustee in such order and marmer as they or eithe:o4them ��r:i4't_:_-
<br /> : ' may u►their aLso2ute discr�tion determine.No remedy herein conferred ugon or seserved to Tsustee or BeneficIary is �'��:.-
<br /> ` intended to be eactuaive of any other romedy herein or by law pmvided or permitted,but each s'.all be cuffiulative end ��''-`�-� �
<br /> . ,,�zj;
<br /> ehall be in addition to every other remedy given hereunder or now or hereafter eaiating at law or in eqnity cs tp stntute. ������,;�
<br /> • Every power or remedy given by any of the Loan Instrumente to 7�uatee or Beneficiary or to wlrich either of t:.cm may be �3�,-����;.•'
<br /> . otherwise entitled,may be exercised,conciurently or indegendently,from time to time and us o4ten as may 6e dcfined eape- ��+'�r�-:
<br /> dient by Truatee or Beneficiary and either of them may pursue inconeiatent remediea.Nothing L-r��a shall be const:ued "'"�"'"'"""_`
<br /> ; ae prohibiting Beneficiary from seeking a deficiency judgment against the Trustor to the esterC s.s?a action is permitted �a�•�
<br />'�,' by laa
<br /> �• 16.GOVERNIN(3 LAW. This Deed of Trust ehall be governed by the lawa of the State of Nebraska.In the event that -
<br />. � any provision or clause of uny of the Loan InsLruments conflicts with appllcable luwe�euch conflicte e2�aU not affect other ���.�
<br />� . proviaiona ol'such Lonn Instruments which can be given effect without the contlicting provision,and to this end the pro-
<br /> . visiona of the Loan lnstruments are declared to be severable.This inatrument cannot be waived,changed,discharged or r�:�,�r�}
<br /> s,r.,
<br /> terminated omlly,but only by rin instniment in writing ai�ed by the partp against whom enforcement of a�y waive� �t •.��_:_�_,-_:_.
<br /> n t'��— - -
<br /> �...,�-
<br /> chnnge,discharge or termination�s sought. ---�--��
<br /> ' 17.RECONVEYANCE. Upon payment of all sums secured by thia Security Instr�ment,Beneficiery shall request '''�"��'�''�''•``.
<br /> tr m ..,_�__.�.._
<br />, � Trustee to reconvey the Prcwerty and ahaU aurrender this 9ecurity Inatrument and all notes evidencing debt secured by ���,^s�rr�kF�'^�_
<br /> this Security lnstrument to Truatee.Trustee ahall reconvey the Pcogerty without warranty and cvithout charge to the per- = s'�� :"°
<br /> soa or pereona legally entitled to it.Suclx�erson or persons shall pay any recordation costx. '°`.='�;,,,���.,;
<br /> ' 18.IiEQUEST FOIt NOTICES.Tnsyor requeate that copiea of the notices of defflnit and sale be sent to Truator's : .�_
<br /> � addsess which ia the Pro ere Address.Trustor further re uests that ca iea of the aoticea of defanit and srile be sent to ��=�•••�'=�'.
<br /> . P Y 9 P� "' �.t. '.""'"
<br /> . ench persan who is a party hereto at the addzesa of auch person set forth herein. :•,��. _
<br /> . 19.NOTICES.Any notice to R�ustor prnvided for in this Security Instrument ahall be given by delivering it or by mail- •�=��.... ..
<br /> . ing it by first class mail unless applicabte i:��3 requirea use of another method.The notice ehall be directed to the Progerty �
<br /> Address or any other address Trustor desi�atea by notice w Beneficiary.Any notice w Beneficiary shall be�ven by fuat " '
<br /> class mail to Beneficinry�s address stated herein or any other address Beneficiary designates by notice to Ttvstor.Any " �'����'��
<br /> ,. .
<br /> � notice pravided for in this Security Instrument shaU be deemed to have been�iven to Trustor or Beneficiary when given ' ''� '� `��;
<br /> _ --_----- --.: .>..._...-__-'`•:._
<br /> . as provided in this paragraph. `� `.�M�
<br /> 20.ACCEPTANCE BY TRUSTEE.1'rustee accepts thia Truat wi�en this Deed of 1�ust,duly executed and acknowl- , . :•
<br /> � edged,is made a public record ns provided by law. ; . �
<br /> . � .
<br /> ,. 1 ', , ~�� t : � ` .. •� , , . . ;' � . . •
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