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<br /> � . • DEED OF TRUST Paga� „ . �_
<br /> , 12-2�-1997 (Co�inu� 98—����-�a� , . .
<br /> . .Losn�ta 614305 , �
<br /> �. � . . �...
<br />,-r;', .... . . . .- . .
<br /> _ , ., tG) Commence an sction to for�tose th�s Deed of TruSt as a mort�ge.eRPOiM a ceee�ver or spea9cellY entaro9 any of the cavenants � . . _
<br /> i here0h enA , -
<br /> 1 rlate otf�es of ma Cowry in
<br /> � � fnt�erest in�the PtoAe�Y��S�ae�o noUCe TrtJStee 5 eause to be dury Red�raedrd in 1h8�ap�D�Od eiectlon to cause Tn�tC�'S . . .
<br /> � � . � wtUch the Propecly is Ixated:8nd urtdar tt�s . <
<br /> � j (d) With resPect to ell or any part a1 tha Pe�sanal PrapeRfl.Lertder shaD havB aII the righis end reme�es of a sec�ued P�Y .
<br /> - , ! Nabraslc0 tJniia�m Commetsisl Code. , � ,.
<br /> . ' ' �` h� ostt w�Tnatee th►s Oeed of T�a d the No�E such receipts and evtde�e�endihues mada en�d sec�ued by�°� ;
<br /> -- s deP ' �
<br /> r � - - ` Trust 8s Trusffie rttSy require. -
<br /> ,. _. TnisteB sh8t1 e8tise to be recorded P�hed and Cefivered to TNStor such�Wtice ot Detautt ' ,,-._- ----
<br /> ` -- --!y taD ��t ot suct►notice from Lender. ha - -- - ---_-
<br /> t: . , a n d NoSce ot Sale as then requhed by iew and by thls Qeed of Trus� Trustea strall.etHhout deman0 on 7rustot.aRer such time as may (
<br /> � than bo required bY taw and aft�recor Q a ti o n o t s u c h n�uch Notice uof Sa[e.eithe res wl+ale.cr in sebPar�e to t s or par c e i s o r i t e m s a s - -
<br /> ,� ' t h e p r o A e r t y a t t h e 8 m a snd P�at seis faced Oy' �
<br /> Trustea shstl dee 8e��e1 ttt9��me o u�Ie Te�sh�a0 deGver n�o SuCh piuohsser�purch859Qrs Ne bteof iL 800d8nd s dent deed at . `'�
<br /> ' ' t h a U n i t e d S t e t e s P Y e� . .
<br /> . . . h{ deeds comreyAn9 t7�e ProPe�Y so satd.b u t w i t ho u!erry c o v e n a n t o r w a t►a n h►.��a r I m P�ed. The recitaLs ln such deed a1 anY�� . `:- ,:.�.' .
<br /> or facls s h a U E e c ondusive proof of the buthfuiness thereot MY P�n.tnduding wffhout Gm�ffitlon Tnistar.Tnrstee.or L e n der.m a Y .
<br /> . . .. purChase flt suCh sate. : ° :.
<br />��`,4,� . ' . . �•d,=•��..
<br /> . - N) qs may de permitted by Iaw.aRer deduelin�p��of sate t�o papment of�s�ams�ded�nder ttthe terrns oi UQs Qeed af ��r,,;.
<br /> ti tl e in connecdon with sa1e.Trwte9 shaU apPN . ,.
<br /> , . � seciued hecehyhand�he rema(ndet�ff arryl,t o t i e iperson no persons egaig►entl�e i d heratrest and tate char9es. (�ell other su�then ; ` �•:'
<br /> z: . .._�:
<br /> s.� ` (c) Trwtea mr!y in the manner provlQed by law postpone sele of atl or a�ryr pordon o!the PcoPerty►. c : . •
<br /> . Q�����,�pt pcy�usivg,1'rustes and Lender,and each ot them,shaU be en'�itled to eatarce paymeni and performtmce of a�1°a��T� ;��
<br /> • ar obbgaU�secured b�y ws�ed�e 8�eement or�arry�lav�is now or hereafter in torcet notwitt�standing o�me ar aU oft such�indebtedness .. __
<br /> Relate . ��.'
<br /> � and obu ngations���bNeither the accePtance a�thts Deed ot Ttusr t or tts e�aroem�en�vrheU�er by cyrourt�on or purs�uant�to tDh p9ower of , _ ,�..z`.°�
<br />�t_;" . assignme ---� � ' -
<br /> • sale or other powers contained in thts Deed of Tnist.shafl pceJudiee or in a�r manner aNed Tnlstee�s or Lenders cfght to�ea�uDon or . = —
<br />' �x ,� entort:e a�ry other securitY now or hereafter hetQ by Trustee or Lsnder,it being agreed lhat Tnute9 end LenQer.and eact�o�ihem•sha►�be , ,�-�
<br /> � �� entltled to eMOroe this Deed oi Tnisi aed arry other s�now or he[eafter het0 by Lender or Trusles in such erder end rt�an^er es they or ••,,� ._
<br /> `..,.,,_.,_,�
<br /> either ot them may in thetr absotute d�saetion determfne. No�emedy eonierred upon or reserved to Trustea or Lender.is intended to 6e �, .^
<br /> ' exdusive of arrr otCer remedlt in this Oeed of Trust or by�aw pravlded m pertnmeQ but each shau be cumuta�va and shaD be M add�ton W - � w: .
<br /> sh U n b the
<br /> in this Deed af Tcust or now ar heresfter e�dsUng a!taw or in eQ u i t y ar bY statute.EverY Power or remedy give Y .
<br />-_ . � •��,�, every other remedS►B►�^a^ . _ �'�"_'
<br /> , `•� Note or anll�tinde end n �om U e o Ume�and�as oft es may b e de ea m�e�a�e t�n���o�aer`�ana eft�he ot th�Y ;-�y. . . -_
<br /> :�:�� . . . concimeri►ht 4� P � - -
<br /> . '� i �:r�ieAw
<br /> ,� pursue inconsistent remed�es. Nothitt9 in t h i s Dee d o f T n i s t s h a 1 1 b e c o n s h u e d a s p ro h i b i tl n 9 L ender from seektng s deftciency juQgment
<br /> � a g a i n s t t h e Tn�stat tathe extent suct►acUon is permitted by Iaw. •=-
<br /> u�ta that a coAY ot any NoUce o f D e l a u i i a n d a w p Y o t a n y Natice , , ���,.<�
<br /> -?' ? tteqicest Fot Notiea. Trustor.on betialf of Trustor and Lender,hereby req h of thts Oeed of Trusl. ' � —
<br /> - � of Sele un der t h i s Dee d o t T r u s t b e m a l i e d to tham 81 tha addresses sel Porth�n the ihst paraSraP •.�l�: � :
<br /> `,i. .` '. �`
<br /> Watver,Etectton of Rem e d les. A w a t v e r b y a r ry D a r t Y o1 a breach of a prov(sion of this Oeed of TN51 shaA not constitJte a w 8 i v er o i or ; i .y H
<br /> emed pt�ncea ns�h�ne�ea c T�1ne ote.i�n afir Related Ooctument,orprovided by tw srt altnot exc�ude pursuit o narry o th9 remedy ' ` :..-
<br /> � � and en et e�lon to m a k e e�e n d i t u r e s o r t o t a k e a c t i o n t o p e rt o r m an obli gatlon of 7rustor under tt�Deed of Trust after isiiure of Tnstor to ;;� ,_
<br /> __ . a
<br /> . '.� peAorm shaU noi aftect Lenders rigm to Qedare a defaWt and to ezercise anY of its remedies. . -
<br /> Attomeys'Fees;EYpenses. N Lender(nstitutes any suft or acUan to entorce any of the tem�s o}thts Oeed of TwM.Lender stia�be enfitled to ri
<br /> .__. ::7 recover such sum as iRe couA may adJudge reasonable as attomeys'fees at trial and on arry appeal. Whether or no!a�ry co�trl acNon is . ';;,
<br /> invohred.a1►reascnab�e e�enses��curred by Leoder whicn in LsnQa�s op1NOn are aec�sery�at enY tlme for tho protecQon ot ib Interesl or the ..;.
<br /> . � . ! enforceme�of its�ights shail become a D�of the Indebtedness P�����ItmiffiUonahowever subjeCt to any limits under epP ihCeb�lBw. ��' . / �_�
<br /> � expendiNre until repaid. Expenses covered by thfs paragra0 ���ings pnquding eftorb to modity or -
<br /> ..t LendeTs attorneys fees whetder or not iheTe�S�and any adnUC�Oate Dostaud8me t�ecUon SeMces.1h9 Cos1 Ot 598tChirtg rBCOrd4, -,
<br /> ': � �.. vacate any automaUC staY or Injunc�on),apP . _
<br /> � �` - obta(ning UUe reDcrts h�duding toreclosure reports),surveyor3'repoAs,aDD��(e�•tiffa Insurance,and tees for the Trustee,to tAS exter� ,,`,�
<br /> r permltted by apAQ�1e�W Trustor also wili pay anY court costs,in addiUon to atl other sums ptoNQed by law. �
<br /> , - Rtght9 ot TNStee.Trustee shali have all ot the rigMs and dutles of Lendet es se1 toAh In this Seclion. . ;:i:
<br /> '..' ppyyEFig AND OSL�t�ATtONS OF 7RUSTEE. The foilowing provhions retaNng to the powers and obligattons ot Trustee are DaA u�thts Oeed ot . -;.;;:
<br /> � � Trusb � �
<br />: `�.. ,. , Powere of TNStee. In addiUOn to all powers of Trustee edsing as a matter of lew,Trustee sh80 heve the power to fake ihe t00owing acHOns
<br /> wRA r�peCt to thg�on o streets or other right9 t ethe p bUO�O(b�join grantlng�eny easement or ueaUn9 enY restrictlon on the Real Propedlr. . .
<br /> inGuding the dediCa `�,
<br /> . s and (c)Jo�n In any subordina�on or other agreement aHecGng this Oeed of Trust or the interest of Lender unQer thb 00ed of Tnisi.
<br />: ,;:',� TNSteg. Trustee shatl meet e11 qualiticaUflns requlred for Trustea under applicable law. In addiUOn to the dghts and remedies set tort�above.
<br /> wltA respect to eil or any parl ot the Propehy,the Trustee shall have the Aght to foreciose by notice and sate,and Lender 5ha0 have the rf9ht to , , . .
<br /> torectose by judidel foreetasure,in either case In accordance with and to the hill e�Rent provlded by applicebte law.
<br /> •`,' � � Suctes3or Ttus[ee. Lender,et Lender's opUOn,may from time to Ume appoiM a suecessor Trustee to anY T�ustee appointed hereunder by an .
<br /> instrument executed and acknowteQged by Lender and recotded in ihe oNice of the recorder oi HALL County,Nebraska The Instrument Shall
<br /> ' cprt�ute nsystem reference)hwhere his Deed o Tbuyst istreco d d,and 1 0 name and e dress of'the successor tr e er�and he lnstrument shell
<br /> . p ..
<br /> ' be executed and acknowiedged by al1 the benet�ciaries under the Deed of Trust or their successors in I�teresL The successor trustee,withoul
<br /> ; conveyance ot th�P�operty.sAall succeed to ail the Utle,power,and duUes conterted upon the Trustee in this Oeed ot Trust and by eppilcsble
<br /> � �aw, This procedure tor subsUtutlon o1 hustee shall govern to the excluslon ot all other provlslons tor substitution.
<br /> «. .�� . :
<br /> ' � ohenvlCse quired by aw),�a�dshat�t�b BfteoU e w enyBCtua11Y delive ed,oev hen depos ed'wi h a nationallyeecognized ovarnlght eourier�,or N
<br /> . `'.'•: ,� mailed,shall be deemed eNeeNve when Qepasited U the UNted States ma�l fbst cless.ceNfled or registered msil,postaSe prepaid,dlrec!ed f�o t�
<br /> addresses shown near t�e beginning ol this Deed of Trust. Any parly mey change its flddress for aoUces unQer thls Oeod ot Trust by{�NnB
<br /> � wrltten noUce to the other parHes,specitying that the purpose ot the noUCe is ta change ihe patNs address. M coples ot noUCes ot toreciosure from
<br /> . • �! the hotder of any Ilen whiCh has prlority over this Oeed of Trust shatl De sent to Lender's address,as Shown near the beglnntng o11hb E?eed o1 Trust.
<br /> ; ,i For notice purposes.Trustor agrees to keep Lender end Trustee Intormed at all times of Trustofs curtent address.
<br /> � y � .
<br /> � � MISCELLANEOUS PAOVISIONS. The tollowing miscellaneous provlslons are a part of this Deed o1 Trust:
<br /> Amendments. This Oesd ol Trust.together with any Retated Oocuments,constitutes the entire understanding and agreement of the parties as , . .
<br /> :,;,,, to ihe mariers set toAh in tnis Deed of Trusi. No a�terafion o!or amendment to this Deed ot Trust shail be eNective untess g�ven in wriHng aM �
<br /> signed by the party or Parites soughl to be chargad or bound by the altetallon or amendment.
<br /> Annual RepoRa It the Property ts used tor purpases other than Trustor's residence,Trustor shali turnlsh to Lender,upon requesl.a certifled �
<br /> � statement ot nel apera�ng�ncome rece�ved hom the PropeAy during Trustor's prevlous flscal year In such form end deta�7 as Lender sha11 E
<br /> � reqwre. 'Net operaUng income"shall mean ati cash receipts hom the Propetry tess ail cash expenditures made�n ConneCUOn with ihe operatian k
<br /> O}the PropA►t�/•
<br /> _�. _� • Apytieabte Lav�. 7hfs Oeed ot Trusf has been detivered to Lender and accepted by Lender In the State of Neixoska• Th1s Oeed ot Tncs! `.
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