|
. .s..._5t�".=s • . . . '.
<br /> : .r
<br /> .
<br /> —_........ .• - �= _ .�:._. _.:� .�....�.r.,._., — - '_� -_ -�'_'�r
<br /> __.��-t.•- � — —r---:— . . —.— . - � - ,- ---- - � ---
<br /> ' r . . ... _ . _ . . . . . . S�f -
<br /> _ .._ . �. , . . .s. � � ' .�� • . _ -� .- —' —... � . ._ . . . . . �<F `. .. G- : �� �:-t� .
<br />._ . , . ..,.,�, �..� '—_...�-.'.'ti..`__...�.�.�.._. � --' ' _' _ �� , ,?- ..
<br />. . , - � � .4 .�� -
<br /> • , t.
<br /> , ... . � . ��.Y
<br /> � ' . ... � 'tf� ,.
<br />., . . . ' ' ` `c.,��. r. .
<br /> , ` .
<br /> i , 1. .
<br /> -. � . _ `� � �.t�...
<br /> . ' f, ,
<br /> ' � . ^'�� ���� ������ .4`� ,e-C--. .. -
<br /> _ � � '_._T ..,st U�.
<br /> -� }- -- any coveoant or wananty',exPressed,or implied The recitals in the Dced of a�ay►matters of
<br /> ' �shaU be conclusive proof of the truthfulness theceof. Any perso4 includiag Beueficiary, • ; . ,
<br /> - may purchase ai the sale. 1 the mcxeds of
<br /> . �. : (i�) Whea Trustee sells pursuant L�the pcwers hereifl,the Trustee sbali aPP Y P --- - .
<br /> . the sate to paymeat of the costs and expeases of exercising the Power of sale and of the salc, -
<br /> t�" inctnding the paymeut of the Trustee's fe�s acNa11y iacurred,and tben to�e iiems in Subparap,�aph �_, -
<br /> '�`��:'-
<br />-`�t �. .. (c)in the order there stated ;: :'"_: °
<br />-�'�. ` ' (�) After paying the items specified in Subparagaph(b)if the sale is by Tiustee,or the pmper • �._ --
<br /> ` . caurt and ather costs of foreclosure and sale if the sale is pursuant to judiaat foneclosute, the � , ��_—
<br /> �l�IA tj16 OIdCi SI�Cd t0 t�1C��� , r
<br /> � � � , p�c�eeds of sale shall be app ��.
<br /> . . (;) Cost af atry evidence of title procured in connection witb sucb sale and of any , r<:� , -
<br /> J.r:.. � �,
<br /> . � reveuue stamps; . '•f' ., �"
<br /> � �. �� (ii) AU sums then secured hcreby, �� ' �_
<br /> �
<br /> . . (;i� The remainder,if any,ta the person tegally eatit��theiew. .. t --:
<br /> 1 6. Duties n�d Obli�ations of Tnrsiee. (a)'Ihe duties aad obligations of Trustee shall be deterniined soleiy by .�;��.:�.
<br /> ' ��. ��•-
<br /> ' � , the express pmvisions of this Trust Deed,and'frustee stiall not be liable e�ccept for the performance o f su c h duties f :�.: :
<br /> � r i�.
<br /> .,. . . . and obligations as are spe�ifically set forth herein,and no implied covenauts or obligations shall be imposed upon - .- . `Q"_-_.�_
<br /> �' ' . •. Trustee; (b)No Provision of ttus Trust Dced sha}I require Tn�stee to expeud or risk bis own funds,or otherwise ;'. --= .
<br /> hereunder or in the exercise of any of its rights ���'�7
<br /> � incur any finaacial obligation in the performance of any of its duties � , �_�=,�',`
<br /> ;.,_ —
<br />..:.; � � or poweis,if it shall have grovnds for believing she repayment of such fundg or adequate mdemniry againsc sucb risk ., •_��,,
<br /> u � or liab�ity is not reasonably assured to it;(c)Trustee may consult with counsel of his own choosiag and the advice of ---
<br /> �:,
<br /> ect of action taken or suffeced •��`
<br /> sucb caunsel shaii be fuli and a carnpleted authorizariun and protection in the resp �Y �� � � _ _-
<br /> - - : by it hereun��r in good faith and reliance thereon; (d)Truste�shall not be liable for airy action taken by 8 :.�-{�
<br /> � fai�h and r�►sonably believed by him to be authorized or within t�e discretion or ri�hts of power�conferred upoa it '.,`'�
<br /> � . � '..� by this Ttust Deed. � ,yT�u
<br /> at its expense,wi11 execute and deliver w the Tn�stee,Pro�Y °��`
<br /> _ 17. A ''onal Securit Insnuments. Tnistor, Trustee. in form aad substance satisfactor5+ to . �
<br /> � � � upon demartd, such security instruments as may be required by _ _,.:_���:�:`
<br /> -��.� � - . �..:, Trustee.covering any of the Property conveyed by this TrusWr's faithfiil perfom�ance of all of the temns,covenants. .,;��
<br /> `' � � an d con d itions o f t h i s T n�s t D e e d,t h e p r o misso ry notcs secured hereby,and any other security instruments exe�ted ' ;�;•.;:
<br /> � in connection witt�this transaaion. Such instrument shal! be recorded or fited, and rerecoided an d r e f i l c d, a t ��: ��
<br /> , -:
<br /> '.:;...
<br /> Trustor's expense. , . � . ,�y
<br /> .. . -�,.,
<br /> - .� 18. Miscellaneous. No or any . ,,,,:�:
<br /> (a) In the event any onc or more of the provisions contained in this Tnist Deed,or the Pramissory te. . -_
<br /> � other security instrument�iven in consideratiun with this transaction shall for any reason be held to be inwalid.illeg�l . ,...�..�;�;,
<br /> . ` or unenforceable in any respect.snch invalidity,illegality,or unenforceability shall,ai the option of Beneficiary,nat , � ��,�
<br /> '+ agect any cther provisions of this Trust Deed,but this Trust Deed shall be conswed as if such invalid,��.°r .� .,. �,. , •
<br /> unenforceable provision h a d never bcen con t a i n e d herein or therein. ,
<br /> : ' � ,��, (b) 'I7iis Trust Deed shaU bc wnscrued according to the taws of the State uf Nebraska. ; �� -
<br /> . : � ��� 'I1iis Trast Deed shatl inure to and bind the hcirs,legatees,devisees, administrators,execuWrs+ succ�a�s . ....
<br /> .. _,,r,:•.
<br /> . and assig�s af the parties hereto. , .. :
<br /> '. . . � ; (d) Trostor shall�ay-all taxes�ev�ed aDon this Trust Deed or the debt secared hereby,together with anY ot�e�
<br /> ' � '; taxes or assessments w'hic h may b�levi c d ag a i n s t t h e Trustec or Beneficiary or the teg,al ho4der of said Promissory , '
<br /> � Note on account o f t he in de b tedness evidenced thereby.
<br /> � , # (e) Whenever used herein,the sin�lar�nnmber shall include the ptural,the sin�ular,the use of any ge n der s 3�a ll . .
<br /> � ; be applicable to all gen�:rs,and thc terms Bcncficiary"shall include any payee of the indebtedness hereby secured
<br /> ' � � or any transfer thereof,a•hcthcr by operation of law or othcnvise. .
<br /> 19. Successor Trustcc. Bcncfieiary may,from time to tir►ic,substitute a successor or successots to any Ttuste�s _
<br /> � named herein or acting hcrcunder to cxecute this Trust D�d. Upon such appointment and��thouE conveyance to the �
<br /> successor Trustce,thc latter shatl be vestcd with a�1 titic pmvers.and duties conferred upon any trustee herein na�n�
<br /> � or acting hercunder. Every such appointment or substiturion shall be made by written instnunent bY Beneficiary, .
<br /> . containing reference to this Trust Deed and its place of record,�vhich vuhen recorded in the offcce of the oRe�iste t of .
<br /> Deeds of the county or countics in�vhich saici property is situated shall be conclusive proof of proper app
<br /> the successor Trnstee. 77�e forosoing po�vcr of substitution and the procedure therefore shall not be exclusive of the
<br /> � Pawer and procedure provided for by law for thc substitution of a Trustee or Trustccs in the place of the Trustee. .
<br /> • ! 20. Forbcarance � Beneficiarv or Trustce Not a Waiver. My forbearancc by Beneficiary or Tn�stee ia ,
<br /> �°.`, . , exercising any ri�ht or remcdy hcreunder, or othem�ise affordcd by applicable law, shall not be a waiver of or
<br /> preclude the exercise of any right or remedy hercunder. Likc�vise, the �vaiver by Heneficiary or Trustee of any
<br /> dcfault of Trustor under this Trust Decd shall not be dccmcd to bc a waiver of any other or similar defaults
<br /> _ _ subscquenily occurring. ;
<br /> �-=----. .
<br /> � .
<br /> : S .. r . . .
<br /> . �, , ., . _� ;.,,.��r:���-z, - _
<br /> .. .. ,. . . . . . .. ""'
<br /> . . .
<br /> ., • ••
<br /> . .._. . ; � .. , , , .,
<br /> __ .._. ._.. ..__ . .,_ ..ti _ _... ...._�.�.�_x_�,.. � -,� �.- -- - . ... . - ��� - •- ••- - . ... .___ � . �y :`.'... . _...._. ._.
<br />
|