|
' =�,Y_ �,��� �_ --
<br /> .. - - - - -
<br /> . . _ , < , . - - - — ---- — -� , . . —,--- _ __ '
<br /> . _.. " . ' <' '_ k_' y: .. " _'r'�.�i_� :z _ '
<br /> . r . , .
<br /> . .
<br /> : , . �� � . . , _... — '—_ _.._...`._.. .
<br /> . . � . � � a F . . . -�. - . .—. 1� . ___ �_ _�..... _ . ... .
<br /> •. `. . t�� . _.�..�--� �` <...(.t..:
<br /> t � � t`� .
<br /> � DEED OF TRU�T Page 5 �n�"s.:`<<;:
<br /> =�.,�, i ��� .� 01-14-1998 . ,
<br /> Loan 6�0 61?S9� (CoMinaed) 9�':���.�� � ; � '- . .;
<br /> ' ! (d) VYth respect ta e0 or anY Rart of the Pe�sonal ProDeriY.Lender shaU havs eU the dghts end ramed'ies of a sea�ed PedY under the �. � .; �-��!�-!
<br /> r, • : ' � Nebraska Un[torm Commerdal Code. - ..� � �
<br /> . .,f.. ,-
<br /> ' Fareotpgure by Fower of Sa2e. lt Lender elects to taredose by e�oerc�e ot tAe Pawer oF Sate here►rt co�ined Lender sheD natity Tn�stsa an d .`4 • . .
<br /> � shap dapasl wrih Tnistee thts Oeed at Trust end the Note and such receipls and evidence af qen�tures made and secursd by N�is Deed at
<br /> � � � ` Ttust 8s Trustea msy tequ►re• ` � �
<br /> , ,�� (a) Upon re�eipt ot such nctl�ham Lender.Trustee sAai!eause to be reeordad.Dubllshe0 and delivared to Tnistor sucA Notice ot De�uit `, : �.
<br /> � an0 Nottce ot SeIB es t►�en required by Iaw and by thLs Oeed oi Tru�sl. Tn�stea shaD.without demand on Tnistor.after sueh tlme as maY 4
<br /> then be requtred by taw and efier cecarda6on of such NoUee of Oetaidt and after Nottce ot S�e Aavtng hsen given es requtred by law.sed •, , _ ,
<br /> trte Praperty et the Ume end ptace o1 saie fuced by it in sutA MoLee of Sale.ettrter es a whots.or tn s�arale tats or parc�s a items as 4.. ,.� .
<br /> Tnntee st�aD dsem e�edlenl.and in susfi order as i!may det�rtUae.at pubGc aucttan to the hf8h�st bEdder far cas�in Iaw(W monay ot
<br /> ' - the United Sffit�payabte af tne�me af se:a. Tnstee s�AaU doUver to such puccha,ser o►Durchasers thereof its 9ood and s7A8dsrrt deed or �< �- `
<br /> - -ti,.r:=...--:_ � d8ed5 canveY�nB�V�PeAY so sotd but w(thotrt arry covenant ar v�ertanlY,exPress or implied. The recitels in such daed ot any matters _ - - . _���--
<br /> , or faets shaD be cortctusive pmof af the UuthfWness ihereof. My person,�u�n8 wuhont limfia�on Trusfor.T�ustee,or lender.may '= �.:^�,_..
<br /> ... ' pur�haseatSUehS819. �' .r �� � - '
<br /> ' .�; ' (b) As may be pertnitted by Isw.aft�deducting all cos�.tees and w�enses of Tnistee and of this Tntst.inclu�IIng eosis of evidsnce of
<br /> 6Ue In cannoctlon with sala,Tn�steB shatl ePPN�P���e to paymerd of (�eU sums eapended under the terms at this Oeed ot _
<br /> , '� � secured hereby,8nd (�ths remeJnQer,if erry,to�the Petson orbpersorts IegeQy enhUe ed t�heratoterest and late eher9�. M eD other sums then - �.� ..��-.
<br /> ' d `
<br /> . '..�,�.�:�.�-;;t
<br /> � (c)Trustae may in the manrtet provtded by law pastperte sale at eD or arry portion ot tlie P r o�e r t y . . .�-
<br /> Reme�es Hot Exdustve. Tn�ee and Lendsr.and each oi them.sha0 be er�tfeA to enforce OaYme�d and pstfacrt�anoa ot anY ind�tedness ..' :•.s.t.,..
<br /> � , or obGgallons s�ued hy this Deed af Trust and to�cerdse eD dgMS and powers under th(s Deed o!T+usl.under tt�s NoSe.vnder enf►of fhs ��:.-.��-..;c,
<br /> ' :�, Related Oocumerds.o*unQer any athe►a9ceement or any lews now ar hareafter tn Po�e:notwithstand'ing.some ar aA of such indebtadn�s , • ,,s
<br /> and ob6gatlo�secured bY�Deed ot Trust may now or hereafter ba otheiwtse seCtned.whather by martgage,deed of b�PtedSe.Re�. : :;��.
<br />_ . •: � essi9nment or othervvisa. Nedher ttte axeptance ot this Dead of Trusl nor ifs entarcemenl.whether by court ecHon or pwsuar►t to fAe power oi '
<br /> � " . � '� a saie or other powe�s�ned in ihis Oeed of Tn�st,shaD prejud;ce or In any manner affect 7rustses or Lender's dgM to�eai'ma upon or
<br /> ' ' enforce any ott�er securiry now ar hereafter Aetd by Trustee ar Leader,d being a�eed thai Tnrstee and Lende,and eaeh af them,shaA be .
<br /> tt
<br /> entiUed to entorce this Oeed of Trust anC 8ny other securiiy now or hereafter held by LenQer or Tnutee In such order 8nd rtianner as they or ,
<br /> ' � either ot them may in thafr absotute disueUOn cfeLermine. No remedy cocKerred upon ot reserved to Tnstes or Lender.is tr�ended to be -_
<br /> � ��;��: exdLLSive of any other remedy in this Oeed ot Tn4st or by lav+provfded ar permitted.but each�haD be cumulative and shall be tn addGcn to • _..--
<br /> , - ' every oU�er ramesfy given in this Oeed ol Tcust or naw ar hereafter wdsting at taw or in equiiy or by statute. EveiY Dower or remedy 9�+�n by the . ,, ±��
<br /> � ,'� . Note or any af the Related Ooaumords to Tn�stee or Lender or to whtcb e0her o}tA9m may be olheravise eMiUeQ+nay bs�ed. -•••--
<br /> � .�,�,, .. cancurrel►t[y or independenUyr,trom time to time and as often es may be deemed e�ed'ient by Trustee or Lender,and etther of them may �� � �,,�.
<br /> . ::r: p�Ue���p�at remedies, Ncthing in thLs Oeed of Tnist sha11 be w�uhue9 as pratu'b(tlng Lender irom seeldng a deflciency judpment -
<br /> t�.s �'�+ =� .
<br /> - againsl the Tnutor to the�Qent such action is pertni@ed by law. �a..
<br /> � Request For Nottce. Uusta,on behalf of Trustor and Lender,heteby requests U�18 COpY c18nY NOttce of 06f8u1t end B Copy ot 8nY Notloa '� .rty -�`-
<br /> � '- of Sete under this Deed ot Ttust be ma68d b them at the aQdressas set forttl in the flcst parag[aph of this Oeed otTrust. _:,_,��'"'•
<br />- , • 'l,;: Waiver;Electtan of RemeQles. A waiver bY anY P�Y ot a breach of a proNston ot thts Deed of Tmsl shall not constltute a watveT af or ±:_-----.•_
<br /> preiudice the perlys rlghts otherwise to demand sbict compitance wilh thaf proNsion or arry other prov(slon. Qeetlon by Lender to pwsue sny �
<br /> � remedy provided in Mie Deed ot Trust,the Note.in any Retated Documenl,or provided by law shall not exGuQe pursui!of any other remedy. �� �
<br /> ` `• and an etection to maka e�endtures or to fake action to perform an ob�gaHon of Tnistor under this Deed of Tn�s!after failura ot Trustor to ,��._
<br /> . pedarm shall not aHect Lendats right to dEdare a detauit and to exerclse any of Hs remedies. ;r_�
<br /> Attomeys'Fees;E�cpenses. It lender inslituGes arry sWt or acUpn to enfor�:e an1►of the tertns of this Oeed of Tnisf.Lender shaA be en�'.,�d to � . _ __
<br /> � recaver such sum as the couA may adjudge reasonable as attomeys fees at tr(al and on any eppeal. Whether or not any couA e�fion is � . .'"'�""'.;
<br /> � imraNed.all reasanable w�enses incurred by lender whlch in Lenders opinion ere necessary at 8ny dme for the protection of ihs intsrest ar the ,; ,�;• �
<br /> . enforcement Ot its dghts shaA become e part of the Indebted�ss payable on demand and ShaO bear iMerest a1 iha Nuta rate tram the date of ���
<br /> � :,`;{ exAend'dttte untl!wpaid. Expenses wvered by this P�9�Ph Mdude.w(thout Hmflatton.however s�ject to eaY IimHs under apDncabte lew. ��' ',';.:^�. -
<br /> Lenders altomsy�fe�wAethar or not there is a lawsuft,inctudtng attomeys'fees far bankruptcy O�B��BS Qnctudng eftoAs to moQHy or ��
<br /> • .-<: vacate arty autome6c stay or in Jun c Uon).ayP e a t s an d a n y a n t i c t p a t e d p a s t J u G g m e n!e o II e c�l o n S eM c e s.the cost of seamfiing�cords. } �—�
<br /> � obk�iNng Htle reports(lnctuding foreclosure reports),surveyors'ceDcrb.aPPra�al fees,tiUe tr�swwance,end fees for the Truste0.to the�ReM : ���_
<br /> ' � �� -- permittad by applkabte 1aw. T�usto�aiso wit!pay any court costs.tn addrtion to ell other sums provide0 by Iaw. : . . :.: .,�
<br /> �_._. . ;.•�:,;�
<br /> Rights of Ttuslee.Truslee shall havs el1 of the dghts and duUes af lender as set foAb in tNs seWon. "t., : ,�,_
<br /> � POWERS AND OBL1tiATIONS OF TRUSTEE. The toRawing provisions retating to the powers and obUgadons of Truste�are part of thts Deed ot
<br /> ' I Trust. . . `�
<br /> � '�. r PowetB o9 Ttustee. �r►addition to e�l DoH"ers ot Trustee arising as a matter of law,Tntstee shatl have the power to take the foilowing 8dlons � . '�'�
<br /> ' witA respeq to the Property u0on tha wriiten request ot Lender and Trustor. (a)j�in in preparing and filing a mep or plat of the Reef Properly. •�;
<br /> � including the dediCaUon of Sheets or other rights to the pubiic: (b)join in grentinq any easemefi or creaUng any resb�iCtlOn on the Reai PtOpeAy: •._�
<br /> and (C)join M any subor�nation w olher agreemeM ait�+g this Deed ot Trust ar the interest Of lender under thls Oeed of TresL ._� _
<br /> • • Trustee. Trustes shail meet aU qualificaHOns required for Trustea under appftcabl8 Iaw. Io addiUOn to the�ights and�edles Set fortb ebove. •. -•��'•~;
<br /> ' witA respec!to all or any pa�t ot the Property.thA Tnutea shall have the dght to foredose by no t lce an d s a la,an d L e n d e r s h a U h ave 4�e d ght to .
<br /> • �� forectase by Judiclal foreCtaSUre,in either ce5o In accordance wtth and to the tuD extent prOViQed by eppitcabte lew. � .• .' ,f:
<br />"',.� Sueeeasor Trustee. Lender,at Lenders optlon,may nom tlme to Ume appolM a suceessor Trustee to arry Tnutee apDo�nted hereunQer by an ;
<br /> •� Instrument executed and acknowiedged by Lende�and tecoMed in the ofHce oi the recorder ot HALL County.Nebreske. The Instrument shall
<br /> conteln,ln aQdltion to all ather matiess requtre0 by state law,the names of the orlglnal Lender,Tnutee,and TNStcr.the baok and page(or •�
<br /> ,�� . computer syrstem reierenoe)wti0re th1�Deed of Tnnt is recarded.and the name and address ot the successor trustee,and the InstrttmeM St�ail .
<br /> � I be executed end acknow(edged by e0 the benefldades under the Oeed of Tnut or their successors in Interesb The successor trusteB,without �
<br /> - i IawvThis procedure for s b ttution ou t�Ueustee shall govem to theaexclus o of etlf o hea p ovislons fo substitu on.�d of Trusf and by appiicebto .
<br /> � ROTICES TO TRUSTOR AND OTHER PARTIE9. My noUCe under tNs Deed of Tnut shatl be in wdUng,may be sent by tetefac5lmile(umess • .,
<br /> � otherwlse requlred by Iaw),and shall be eHeclive when actua;ty deiiv�red,or when Eeposited with e natlonaUy reCOgnized avemight couriet,ar.H
<br /> � • maited.shall be Ceemed eftective when deposited!n tAe United Sfates mail Brst Ctass.ceRtfted or registered mall.postag9 prepeld,dUected t0 th0 •
<br /> �� � adQresses shown near the beginning o}this Oeed of Trust. Any paAy may c�ange ib address for noVices under this 0ee0 ot Trust by qivfig tormal •
<br /> wr(rien noUCe to the other parties,specirying that the purpose ot ihe notice�s to cnange the paAyrs address. /Ul copies of no�this 0 d ot TfrusL "
<br /> . � the hotder o1 any lien which hes priorily over thls Deed o1 Ttust shell be sent to LenQer s 8ddres9,as shown neat the beginn �
<br /> ,. � For notice purposes.Trustar agrees to keep Lender and Trustee informed at all Umes of Trustor's current address.
<br /> MISCEIIANEOUS PA�VISIONS. The following miscellaneous provisions ere a pad of lhis Oeed of Trust
<br /> , � AmenQmBnt9. This Deed ot Trust,together with any Related Dotumenis,constitutes the entire underslanding end agreement o�the paNes fls
<br /> to the matters set foAh in tnis Deed of Trust No atteratlon of or amendment to this Daed of Trust sha11 be eHeCUve untess given in wri8ng end
<br /> � signed by the parly or pa�ties sough!to be charged or bound by the aBeraHOn or amandmenl. .
<br /> '� App!leabte Law. This OeeA oi Trust has been delWered to Lender anA aaepted by�ender In the SWte of Nebraslm. Thta DeeO of Trust � � • . ,
<br /> � ; shatl be govemed by and eonstrued in accordanee wlth the lawa of tho State ot Neasasfco.
<br /> "' CElptlon HeaQing9. Caption he8d�ngs�n lhis Oeed of Trust are for convenienCe purposes only and are not to b0 used to interpret or Oefln9lhe
<br /> . provisions of this Deed Ot TrusL �
<br /> � Merget. There Shail be no merger ot the interest or estate created by lhis Deed ot Trust wftA any other interesi 0r 65tete In the Prapetly&1 et�y � � � _
<br /> ' time he�d Dy ot tor the benefit of Lender in any cepaciry,wilhoul the wririen consent of LenQer. � �
<br /> MutUpte PaRtes. All obilgations o1 Trustor under this Oeed of Trust shatl be jolnt and severel.and all referenoes to Trustor shall mean eaCh and � •
<br /> � every Trusior. This means that each of the pe�sons signing be►ow is responsible tor tU)obligations in this Dead ol Trusi.
<br /> i f
<br /> • I Severabiiity. H a CouA o1 competent juriSdkUan finds any proviston of this Oeed of Trust to be invaiid or unentor�abte as to any persoo or -
<br /> � �` �-
<br /> . � �-
<br /> "': ,
<br /> , . - _
<br /> . . � .�*�++� ._-, -
<br /> ��,;._— .. . . , , � ..
<br /> ,,. . .. . .
<br /> .
<br /> - _ . .• .: ._ . •.�. . ._`"_"S.__ ._...�.. ..�:1 �'. ' �' ..'. _. .'.- '..: - :•. .. Ji �' . � �. . � . .•�.... . . - , . . . . � . �1. � . �t� . '1 ... . .
<br /> . -• . .� .' .. .. . � . .. :. . • ' .. .�rl� ..; ,` '
<br /> •��� .
<br />
|