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<br /> � DEED OF'f�tU�T - Page 4 ` . : - '
<br /> ' � • :a Ot-14-198� (Cofttinued) 9�—�Q���� ���° � , {,
<br /> � . -. � Losn t�o GiO35fl , '
<br />- - -- - =-� � and make ii availaLts to Lendst wiLhin tAree l3)daYg after rewtpt of wrftten demtstid irOm lender. --- - �— .
<br /> � p�,s, Tifa maNng add��of Tntslar(debtctl and Leader(sactaed V�h►).from wtUch iMormatton oonoemtng the�etaity int�st . '
<br /> , ` i i gr�n�py this Osed at Tnest may be abffiinad(each as req u tr e 0 bY t t�U N f o e m C o m m e�d a l C o d e�e e e e s sffited on the tbst Dag�a!Ihis Dsad � -. .
<br /> -.W n-f 8 C 1 ere e Oert of WS F. • r . .
<br /> � FUA7liSi A8StiAA1�10ES:d7TOAi�Y�ACf. '1'h a t a l lowfn9 D r�t o n s�e l a U rt B t a t u r 1 A e r a s s►u a r+o e s a rt d e l t a m o 1 N , ' .
<br /> Deed otTn�si.
<br /> - � � Fu�ter Assutettx�s. A1 a+ry Ums.an d f r om dme t o t t m s.W c n r a q u a s t o f L e n d e r.Trt�star wID make.e�cute and deGver.or w10 cattse to be
<br /> . � � made.executed or de¢vered.t0 tendsr ar ta Lender's desi8�e�and wAen req�tested by lertdsr.cause to be 5tad.recardee.re6t9 d.cr .
<br /> � . �. � rerecarded.as the ease may ha.at sud�times and flnsedng state e�AS.�nuaHOn sffitemer�.instrume�ot tucther dessuranw.oeNrt'�
<br /> y;.-��_ ; Qeeds at trust.securfry deads.securihr a9reemen�. car�inue.or . .
<br /> -. . .---�--��; ar�d other dacumeMs es maY.ln the sote o0lnton ot Lond 9eed of��d theReteted �Oa�s�.t an N?theD6ens an�seeurity f�erests �---T._�,... ` � `
<br /> p�ssrve (a)the obtigatlorts of Trustor unRer the Nots.tAts —
<br /> ' created b�d��te Contrary by Le der in�wrtting,TruStCr�mburse lsnder�fnr elI Costs�d exPenSesd�tnCUtredrin�neCtton with ttte � , .
<br /> , ! '� '._ .
<br /> ' mat�rs refened to in U�s paragraPh. �
<br /> � ' pttpmey-[o-fed. li Tcustor feits to do anyr ot the Min�s referred to In tha p�eoedln9 O�S�O��^d�"�y�so tor and in tfie name of
<br /> 7rustor and at Tnstors e�er� For wc1�PinPos�.Tn�star�eroby hrevocabry ePPoir�s Lender as Tru�ors attotneyNndaet for tAe OurDase - . ..._- :«:'�
<br /> ` � .;j ot making,mrecuflng.dethrede8.fiQng�recording.e+�d doing aU other W�S es�y be�or dasirabie.tn Lenders sote ap(nton.to . ,:.. .':f..`,
<br /> F � eCCOmpUsh tAe matteB refe�red to(n th9 preceQinB DarayeAl� r m s a i l t h e o d G g a t t o a s i m p o s e d u p on Tw�or under this �
<br /> FI81 PERFOAiNAl�CE. It Trustor PaYs aD the lndebtednsss w h sn d u e.an d o t h e m t s e p e r f o - - - =='�,'.i:
<br /> Oeed of Trust. Lender st�alt e�cewle and delEVer to Tnistea a�luest for tuil�eeonveyance and shaU ex0eute and delhrer to Treutflr wNabte . _ - - _t
<br /> statemerds of terMnatlon ol en1►ftnanet�9�emerd on UIe evidendrt9 Lender's sseuri[Y tnterest tn ffie Rerds and fhs Personal PropeRY• AnY ' . _���ti�.;
<br /> recomreyance teB re4uhed by law shatl be peid bYTnstor.H parm(toad bY aP��cabEs taw. - ..
<br /> � " � OEFAIH.T.�ch o1 the ToOowfng.at the optlon ot Lender,sha0 cos�stttute an eveM ot deiaiAt('Event of DetautP�und�1Ns DeBd of Ttus� . --�
<br /> � QBfault on tndebtedrtes9. Faniue of TnisWr to meke a�ry 08Y�rA when dua on ihs indabtednass. •" 'g'°
<br /> .�• ��_:
<br /> ' • +`t Oetautt on Other Paymertb. Fatlure of Tnutor wlthin tne time required Dy Ws Oeed ot Trust to make anY paYmeat for mxes or insuranca.or ' :� ,.�'-s.
<br /> _,�.,.:-�<<
<br /> �' � any other payment necessary to Prevent fiting of ur to eftect disctiaBe ot enY Gea .,„�`.`
<br /> :,-���r:�;.
<br /> . - --`-.I ��ppn�08f8utt FWure of Tn�stor to compty witb any other term.o6fi�atlon.covenast ar�ondi9on Corde�ned in th(s Deed of Tn�s1.tAe � ._:_;_� _
<br /> � �= J Note or in a�ry ot ihe Retated Oocumenb. '
<br /> ---=-•:�F�„�':.
<br /> Rffise gtatemanta Arry waaantY.representatton or stafemont mad0 or tumished to Lender by ar on behaff af Tnistar under tt�ls CeeO of Tn�st, ,
<br /> � me Note or the Rsleted Documems Ls faLsa or misteading in erry mate�fal resPed either now or at ttfa tlme made or Nmished. � -%�,�'�;:��
<br /> CBteeUve CoOaLerdl�tten. This Oeed af Trust ar arry of the Retated DocumerAs eeas�to be In tuU tarce and efteet Onduding taifwe ot any • �� '.;�"`�.�
<br /> . � . cottateraf dacurrterds to aeate a va0d end perfected securriY inter�t or pen)at enY 9me and ta enY reason. s��:'°. `
<br /> of Trustofs properry.BnY - -- ' :�..'�,"'±r.�
<br /> . Deffih or InsotVen�y. The death of Trustor,the irtsoMency of Tnsto,!he apDOi�+tr�eM ot a recetver for anf►Pa� b��� ° `,;:*�'1`f-'s
<br /> assignment for the benefrt of creditors. any tYpe ot aed'i to r w o r l c oul,o r t h e c ommenoement of any► pcooeediag under arry t or , •;,:..•,.ra..����
<br /> # . ir�solvency Iaws by or against Trusta. ;;';`;�"�y
<br /> �r'��
<br /> Foreetosure,Farfelture.eic. Commen�ment of toredasuce or bdeiture Proceed�ngs,wRether by Judida!praceeding.seif-helA.reGossession ;�':�5'i• ;`=__
<br /> or arry otAsr metho0.by arry aed'dor of Yn�stor ar bY arry Sovemme�al a9ancY agair�st e�5►°}the Property. However.this subs�6on shall not ;;,�;1;: ,:--
<br /> apPry i�ths event ot.e goad faith dtsputs by TnbWr as to the vaUd(iy or reasonableness of ttie ctalm whlCh is tAe basls af the faredoswe or • =��:-
<br /> }prefeiture proceeding,provfded that Trustor gives Lender wdtUen nottce of such daim and fumishes�erves or a surety bond fot the c�atm � ���ty.,.-,,,-_
<br /> 4`,.
<br /> ''� ... x7:;i c
<br /> . saUsiaetory to Lendeu � '-
<br /> • r... .�.yd_..
<br /> � '�•�j Bzezch af athEr A�eemen4 AnY breach by Trustor under tne tanns ot any other agraemsat between Tiustor and Lender that Ls not remedled .. ..,{` o�., _
<br /> e
<br /> • } wrt�in any grats period provided therein,Induding wtUiout Umflatton any agreemecR concemin9 anY rndebtedn�s or other obtigatlon of Tn�tor ,.,j��_
<br /> -�:i ta Lendet.whether e�dstlng now ar tateu ., . - ---
<br /> :.'�FT�"__.
<br /> • ,�:1 Events ptPec�ng Guarantar. pny ot the pceceding events occurs with resped to erry Querentor of a�l of the Indebtedness or any Quar�trttor � }�__
<br /> �bs ar bacomes incompeter�.or revokes or dlsP��e vauCriy of.or UabllitY ueder.enY Qua�anH ol the Indebtedn�s. Lendar.at tb opUon. .:,;��_; "'
<br /> ty
<br /> ' may,but shell not be requtred to,perrNl t he Guaran ta r s e s ffi t e t o a s s u m e uneandfUo n a t t y the obllgaUons erising under the guarar�t�f In a , -..,,.;�:r
<br /> .�- -,�: . ,:.:i;;'.;-
<br />- � manner salBfactory to lsnder,and,in doing so,cure the Event ot QefaWt ,., y•�;•
<br /> . taseWrity.Lender in good faith deems itseif insecura -• '.'�"'-
<br /> � Right to Cure- If such a failure is curable an0 if Trwtor has not been given a noUee of a breacb af the same provtsion of tAls Dsed ot Trust :'�=-:+°
<br /> ' ' within the preCeding twetve(12)months,it may de cured(anA no Eve�of Osiault wiU have occurred)if Tnistor,after Lender sends wAtten � .,��;
<br /> noflce demanding cure of sucb isiiure: (a)cures the laiture wntUn fifteen(15�days:ot (b)if fhe cure requhas more than Bfteen(15)days, . . ,-;,�-
<br /> immediatery initiates steps sufficierd to cure ihe fellure and thereafter continues end comptetes all reasOnable end net�ssary steps su(fldent to •�',;.,;:
<br /> ' . . : pro0uce compfienCe as soon as r8asonabry Practical. . `-.
<br /> RiGyRg�►Np pEMID1ES OH OFFAULT. Upon tde occurtence of any Ever�01 Oeffiutt and at any tlme U�ereafter.Tnutee or Lender.at fls oprion. �,- -�:,'
<br /> � . i may exercise any one or more of the toliowing Aghts and ramedies,in addiUOn to any other Aghb or remedl�provldeQ by law: .
<br /> • ' �� _� ACCCt2�t100 UpOn Q8Mt11t;Add(tl0�a)RERI6titQ8. It 8f►yl eV8n10f QA19UI1�tl t����{�reupon become due and peyabte vAt oauyl � . . '
<br /> . deqaro ail InQebtedness secured by this Oeed of 7rust to be due end payabte _
<br /> , � I any presentmen�demane.Protest or notice of arry kind. Thereafter,Lender mayr. �
<br /> • (a) EiNer in person or by agen�wHh or without b�inging arry actlon or prooeeding,or by e recelver appointed by a court and wftbaut
<br /> regar0 to tAe adequacy of its secudty,enter upon anA fake pcssesslon of i�e Property.or eny part thereof.in its own name or in the name .
<br /> of Trustee,and do any acts vfilcb i!Ceems ne�ssary or QesUabla to preSenre the valu9,marketsbility or rontabiiRyl of te a�Wph or�without -
<br /> • of tne PropeAy or interest in the P�operty:tncrease the Income hom ihe Propefty or proteci the securiry of the Property; , .
<br /> .�� � taking passesslon ot the PropeRy.sue tor or otherw)se collecl the rents,�.suas and profits of the Property,including those past due and .
<br /> unpald,and eppiy tha same.less cosb and e�enses o}operaflon and wllecdon,Inctuding attomeys'fees,to arry indebtedness secured
<br /> by this Deed otTrust,all in sueh order as Lender may Ce•.ermine. The entering upon and taking possesslon ot the Property.the cotlecfton . ,
<br /> ' ' ' of such renb,issues and prafib,and th0 appltca8on tAereot shall nol cure or waive any detautl or noUce af detaufl under fhis Deed of Tn1s1 . , .
<br /> i or invelldBtA any aCt done in response to suCh defeull or pursuenl to such noUce ol detaNl;and,norivithstanding the conUnuanCe In � _
<br /> � � possession o}the Property or the collectlon.reoetpl8nd applicetlon of renb,Issues ot profib.Trustee or Lender shall be enUlled to I •
<br /> ' exercise every dght prowQed tor In the IVOt9 or the Retated Oxuments or by law upon the accurrenoe of any event of Qefault.Including the
<br /> , dght to exercise the power ot sale: � _ '
<br /> � (b) Commence an aeUOn to farscloss thkr Oeed of Tnist aa a matgage,appolm a recetver or speGflca�ty enforco arry ot the covenants i �
<br /> hereoF end V • .
<br /> � � � (c) Deliver to Trostee a wntten deGaratlon of deffiuit and demand tor sale and e written noUce of detaNl and etecUon to csuse Trustors
<br /> • �nterest in the Property to be sotd.which noMC¢Trustee shail causa to be duty fited tor record in ihe apAroA��o��of the County in
<br /> which the Prop6rty�S�OCet9d:ead
<br /> . s (d) Wiln rASpect to 811 or any part of the Personal Property,Lender sheil have atl the rights and remediss of a seCUrAd party undar the �
<br /> tVobraska UnHam CommerGal Code.
<br /> Forectosuro by Pov�et of Sate. If Lender elecis to finectose by exercise of the Povrer ot Sale Aereln cantained,Lender shall noUty T�ustee and
<br /> sha��depos�l wtth Trustee this Oeed o}Trusf and the Note end suCh reoelpts 8nd evldence of e�enditures m8de and secured by this Deed of
<br /> � Trust as Trust9e mey require. � �
<br /> '�,, (a) Upon reoe�pl of suCh noUCe trom Lander,Trustea shsll cause to ba tecotded,pubfahed arM deliveted to Trusfor SuCh Notloe o!�etaull !
<br /> and Nottce of Sate as then requlred by law entl Dy th�Oeed o1 Trust. Trustse Shd1.wiftsOUt dsmand on TruStOr,efte►suCh Ume as maY
<br /> then be required by 4�w and after recordatlon Ot Such Notic9 of Oelault and atter Notice oT Sale having been glven as tequlred by law,sell
<br /> the Propsrty et f�e time end place ot sa18 fixed by�t�n such No11Ce of S81a,e�ther es e whole,or in seperflte lots or paroels o�items as
<br /> • Trustee shell duem expedient,and In such order as it may determine,a1 puDlic 8uctton to the highest bldder tor cash in Iawlul mon9y of '
<br /> � the Umted States payaD�e et the ttme ot sate- Trustee shall daliver to sucA purchnser or purch95srs lhereot its 9ood and sufAClent deed or .
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