|
.. .. . . . .
<br /> . . , .. -
<br /> , . ;, . .
<br /> � , - . • � ._ . . ...._...__._...�__ __ ��ry
<br /> � . . G .. _ '�� _' _'_— _"...__. .- - , �r
<br /> � _._�.�`.- - _.._._._��__._'"_—__�.. ...�_. ... _i�.c`.__._'_'___�_.� . � ' .. _.:_�3"'_
<br /> 97� �a��9� �� �� . � =_
<br /> (e)The sssle.Uanster,laaso.ass9gnmen2,conveyance or furV:er encumbrance o4 afl or any part of or any interes!(n the � . •�:�''..�.;-- -;
<br /> Pragerty,either voluntarity or invotuntarity,without the express written consent ot Lender,providad that Trustor shali ba permit- ,.
<br /> � ted to execute a lease ot the PropeRy that doas not contai�n an option tc purchase�nd the term of wtiich does not ezceed one • • _
<br /> ye� , _
<br /> (�Abandonment of ths Property;or '-
<br /> {g)if Tnutor is not an individual,tha issuance,sa1e,transter,assignment,conveyanoe or encumbrance of more than(if a � t � z_
<br /> ' corpoation)a tatai of perceni oi its issued and ouistanding stxk.or(if a partner&hip)a total of per- , . _ • �:
<br /> cent of partnership interests,or('rf a limited liabilityr ccmpany)a total of percent of the limited Iisbiiityr comp�- ,. , � �
<br /> � ny interests or voting rights during the pedad this Deed of Trust remains a tien on tha property. .
<br /> t2.Retnedles;Actelera4tcn U�on Gatauit.In the event of any Evant of Oefault lender may,without notice except as required :. � ,. —
<br /> by law,dectare el!tndebtedness se�ured hereby to be due an�payabls and the same shait thereupoa become due and payable with- . , .
<br /> out any presentrnent,demand,protest or notice of any kind.Thareafter Lender may. •_ � '�'�
<br />- (a)Qemand that Trusiee exercise the POWER OF SALE granted horein,and Trustee shall thereafter puse Trustors inter- , �
<br /> est in ihe Property to be soid and the proceeds to be distributed.a#1 in tha manner provldad in tha P:ab�as!{a Tn�st Dseds At� -- -___--_- --
<br /> . (b)Exercise any and a!I rights providsd tor in any of the Loan Instruments ar by taw upon occurrence ot any Event of ` � _ .�
<br /> Defaui�and . . . .
<br /> {c)Commence an actian to foredose this Deed of Trost as a mortgage,appoint a receiver,or speaficalty eniorce any of the . �
<br /> .. covenants hareof. z—
<br /> No remedy herein canterred upon or rese�ved to Trustee or Lender is intended to be exclusive of any o4her remedy herein,in the Loan - - -�� ��+.�.- "�
<br /> Ir,�ruments or by taw provided or permitted,but each shall be cumulative,shall be in add�ion to every other remedy given hereunder, '-� . ��
<br /> i;�ta-w Loan Insbumants or now or hereafter exis6r►g at law or in equity or by statute,and may be exe�cised concurrently,independernly �,�; � •_.{
<br /> _,:�:`'" ' �b7�-,-..
<br /> or s:�ccesivety. • • --
<br /> • 13.Trustes.The Trustee may resign ai any tima without cause,and L-ender rte�y at any time and vrithout cause appoint a s.[c- • a � +. -:�-�
<br /> cessbr or substitute Trustea.Yrustee shall not be 1'iable to an a mdu��- witho�K r::r_�tion LerMer,Borrower,Trustor or arry gur- �`"f��%���:� �
<br /> YP RY,' � ��. .��..,�.�,.�
<br /> chaser of the Propsrty,tor any loss or damzg�i:ntess due W reddess or��:::n::rnisconduct,artd shall nci ba required to take any aciic� ; •. •F ��;�;F��__'
<br /> in connection vmh the enforeemeni of this Qe�a oL Trust unless indemnif��,i;�w�riting,for afl cosis,co�npensation or e�enses+Nhich -�:�r _
<br /> rrtmy be associated there�ith.In addition,Tc�^^�s may beoome a purchas2�a't any saa c`the Property�udpal or under the power of � . � r;;�`4'`��
<br /> �:2 granted herein)•posipone tha sale af a:l a�any portIon of the Property,ss provni°d by tavr,or se11 Me Properry as a whote,or in �. �����;. ::__
<br /> -- �2pa^�ie parcets or lots at Trustee's disscrre�z • �
<br /> i e ��'
<br /> .`�y; 14.Fees and EYpenses.In tha ever.2 7c�fee se{!s the Property�y�.2ccise of power of sats.T�e shall be entitied to appty , �,,,_„�,_„_
<br /> ' ��� _,
<br /> ;.�:y sale proceeds first tn payment of ail cosss a-rJ expenses of exer�ising�rzr of sale,induding all T�-^ae's tees.and Lenders as�d _ _ • -
<br />`-.��� '�rr,;,�'2e's attomay's tess, actualty incurred t�extent pertnitted by appli��:aw.In the event BorrotitiQ�m,-Trustor exer�s�any��4 --- ="--y ��+-
<br /> -� p�+�ed by Iaw tu cure an Evant of DetauR.Lender shall 6e sntided to recat2%fi'om Tnutor a{I cosis and expanses acivalty incurre�as ��.
<br /> 2 ,� .,i�;��,.• •._ �
<br /> � a r�,�1t of Trustofs defauit,induding without Iimitatlon ail Trustee's and attomey's fees,to the extent pertnitted by applicabte ta�v. •. . —
<br /> �.( •a• 15. Future Advanoas. Upon request of Barrower,Lender may,at its optian, make additional and foture advanoes and read- "���, , ,,,.
<br /> vances to Borrower.Such advances and readvances,with interest thereon,shall be secured by this Deed of Trust.At no time shai"��n ., ..` _
<br /> - pdncipal amount of the indebtedmess secured by this Deed oi Trust,not induding sums advanced to protect the securityr of th3s De�d o'r � � e
<br /> • Tnist,exceed the original prinapal amount st�ed herein,or$ 30.000.�� ,whichever is greater. �� `--'
<br /> t6.MiQCeilaneoun Pamx'�iana •
<br />'' ' (a)Borrower Not 6�fmt�ad.Extansion of the i.�for payment or madifi�^�cn of amartizaUon of the su�secured by this r•.-.%, �` �
<br /> Deed of Trust geanted�y i:sd°.r to a�y successor�:��§r:arest of Borrower sFra.,�i�t��rate to release,in any:ma�nar,the liabili- � ,f; t ,, ._
<br /> ty of the original Borr�tl:er and BQ��vars su�.�in interest Lender sha1;T��t be required to comma��e procee�ings .;� ;�,1';;+,:� ,
<br /> ' a rtst such su�n:er refuse�c�and Ume tor payment or ofhe�wise med"ry amorti�tion of the sc:��sacured by this �.:
<br /> gat '�',a;, ;,�h���;:-
<br /> �� Deed of Trust by reason of any deman33 made by the uriginal BoROwer and Borrowe�s successors In inte� . ?h,��<<�. -_--
<br /> (b)Lender's Powe�s.Without aNecting the liability oi any other person lia4te for the payment of any ot'.r�an herein men- � �,_ ��"�i �� it•
<br /> � toned,and wi�wut affc-�c"� the lien or char e of Ynis Oeed of Trust upon any paRion of the Property not 9�san or therefotore � �-�:•'' �
<br /> �� �•-
<br /> reteased as seCUrity for tlieg uU amount oi algunpaid obligaUons,Lender may,t;�::►ttme to time and without noUce(i)�elease '.`���y� �:
<br /> '� eny person so liabie,(ii)e�ctend the maturiiy or atter any ot the terms o!any such obfigatlons,(ii�grent other�du�gertoes.(iv) �-r
<br />' - refease or convay,or cause to be released or reconveyed ai any tima at isndePs opUan any parcel,portion or all of tlie � ''°
<br /> � Property,(v)take or retease any other or add�donai securiiy or reconveysd at any tlme at LendePs option eny par�el,portion or ' �::•-�
<br /> ` all ot the Properry,(v�take or release any other or addiUonal secudry tor any obiigatton herein menUoned,or(vl�make oompo- •__
<br /> . sifions oi olher arr2ngecr.ents with debtors in relation thereto. ,�µ. '�=�
<br /> (c)For6earance t�;�ilr�nder Not a Wa�ver.Any forbearance by Lender in e:•a-xising any dght or remedy hereunder,or oth- •� S.,. .�r� ,_._._.
<br /> erwise aKorded by a��l�te IaN,shaJl no!be a waiver ot or prectude the ex��esa of any such dght or rem�.The procure- j:.:7�..�. ._�_: .._.._
<br /> �� ment af ic[�:*ance or Ctr�pc�rcnent ci�zes orother liens or ehatges by Lender shall not be a waivet or Lende�'s��t to acceler• '�'t"�''� •-� ��•- -_-
<br /> ate the n:�:r.:y of the�:.�^:�zdness�red by this beed of Tnrst <?;:;,"
<br /> ' (�S.��ssars s.��igns E��1;Joint ant�Sevaral UabT"��*;Ca�ions.The covenants and agreements herein ccn- �•...1_,.�
<br /> . tained shali bind,2r�?.`�rights hereunder shail inure to,the r�;ve su�r:�ois and assigns of Lender and Trustor.AB `
<br /> covanants and agrn.,��-ss o!Trustor shall be joiri�r:d severr_f.-[a3 capticr.s�m c�eadings of the paragraphs of thls Oeed ot ^� .- �_�. "•� :� ;
<br /> Trust are for conver,�o:onty and are no4 to ba�:sa2 2�inter�.�•.or d�flne the;,.��rsions hereof. - �r;;�—"�`
<br /> ��� (e)f�uest tar N��ees.The paNes hereby reqLest that a capy�t any notice of detautt hereunder and a copy o!any noUce j `��°��`�• --
<br /> .. u-
<br /> • •y;s;,� ot sa:e[��nder be mailed to each party to thls Oeed of Tr�:..��e address set forth above in the manner presc�ibed by �;, ` �;,�����'•�� z:~
<br />,.,�;}�;,�, appl;�bis runr.Excetf'ar any other notice required under apptic�:'e taw to be given ln another manner.any noUce provided tor � ^e�,�..��,
<br /> ',;; in this€5�J o!Tcu�a7:a!I be given by maiting such noUce by certlfled mail addressed to the other partlea,at ttte a�dress set • ,. z��.:
<br /> brth abcva.My r.coca Drovided for in this Deed sE Trust shall be eftective w�ma�ling in t ha manner des.'gn a te d here tn.I f ;f•,:,;x � ;.,_, ,;�:;.`; ;�
<br /> � � Trwtcr s nore tt:�z o'�e person,noUce sentto the a�:ess set forth above sr�2�noUce to all such persnr:. '��`l:'••y•�� �w�'.�_ ��
<br /> r':; (�j�2ic�,L;;r�ar may make or cause to be made re25�:^.abte er�tdes uFon and inspea7�ns ot tt9 P,vperty,provided ����"�_:
<br /> "'`' that t�r�dcr 5hali cive Trustor no8ce pdor to any such inspec�cn�:o�itying reasonabla cause�!`��r�-.`�r rei2:ed to Lenders lnter- ;` '�-:�
<br /> est in th�[�peRy. . :.. , . �
<br /> (g)�ecanveyartea.�pon payment of ail sums secured by tl�;s Ceed of Tru�Londer sha:�:.'�;Lest Tru�to teCOm►ey th9 •'_..�
<br /> • Property and shet{tu�render this Oeed of Trust and aU notes e.:denang +r:u�;edness secvred by�n�a�ed o!Trust to _� � �``"_'-
<br /> ' Trustee.Tnlsfee sh,s�11 r�cortvey the ProperiY,without warranty artd►vit?wut�.�u�to the persa�legally er.�:tfo�tlfereto.Trustor " T--°`..'�`-"'���"_`,
<br /> , �,�-�
<br /> ., ' shatl pay e��oosts or r�oordatlon,if any. ��'�--- .7+�,r'
<br /> , (h)Re€s�nat Proporty; Security Agreement.As additianai�cc�rity tor the payment nt;fla yote.Trustor hereby grants ,_,,,;�-.•�.' _
<br /> ; Lender under the Nebraska Unitorm Commercial:ods a security�r*�rest in ail fl�Rures,equ:pr�s�+:i,an0 othar personal pro�rty •� .::':�:,�:•,.': _
<br /> . used in oonnectton witC�the real estate or improvaments located ti�ereon,artd not othervdse deciare�or deemed to be a part of -�
<br /> the real estate secured hereby.This instrument shall be construed as a Securrj Agreement under said Code,and the Lender � -� -
<br /> .. shall have ali the rights and remedies o!a secured parry under said Code in addition to the rights and remedies under this . .' � .�. ' .�
<br /> paragraph shall be cumutative vrith,and in no way a timitation on,Lendefs rights and remedies under any other security agres- • ,
<br /> ment signed by Bortower or T�ustor. • �•
<br /> . (�Uens and Encumbrances.Trustor hereby viarrants and represents that there is no default under the provis3ons o!any • �`�:• ,
<br /> _ � mortgage,deed of trust,lease or pu�hass oontract de�cribing ali or any paR of the Property,or other contract,inshument ar _ • —
<br /> • agreement oonstituttng a tien or encumbrance aqainst all or any paR of the Properly(collecUvety,'Uena'�,exisUng as o1 Ihe .
<br /> ' date of this Deed of Trust,and tha4 any and all existing L1ens remaln unmo�ified ezcepi as disctosed to Lender in Tnistots writ-
<br />. ' ten dlsctosure of liens and encumbrances provided for herein.Trustor shall timety peAorm alt of Trustor's obligations, �:
<br /> covenants,representations and v�artanti�s under any and ali existing and tuture IJens,shall promptly tonvard to Lendar oopies � .
<br />� 01 aU noUces o}detaati sent in connaction with any and ail existing or tuture Liens,and shall not withoul Lender's prior wriften - • -
<br />� oonsent in any manner modily the provlsions o1 ot attow any tuture advarass unde►any exlsting or future liens. . �
<br /> (j)Appiica8ons of Payment9. Uniess otherwlse required by lav�.sums patd to Lender hereunder,including v�ithout imit�- •
<br /> ' tion payments of principal and interest.insurence proceeds,condemnaUon proceeds and rents and profrts,shall be appliod by � •
<br /> . ' Lender to the amounts due and ow,ng irom Trustor and borro+ver in such order as Lender in its sole discretion deems desir- • •
<br /> abte. _ _ .
<br /> (k)Severabqiry.l4 any provisian ot th�s Ueea of�rust confiicts v,irtfi appficable iav�or is deci-areni�nvaG�i ar o4tia�-rj�se unen- - - - -
<br />: . . . •.�T
<br /> _ . � ..
<br /> �
<br /> _...._....�__ ---,.._._�..,�.___---_---�--...._� .-- -- - • - . ..__. .. . •
<br /> . .. . , . .�. : .: ,--_ , _. . - - : - - - . . .„
<br /> . �.__—.-,..._
<br /> ;- ;•:-- : . . . .. . . '. . . . . ��, . . •. __ ^���-���..' , . " .
<br /> ' ... . _ - ' h� . . . . - _ .. • '_ ' .
<br /> , ... . �� . '� . - � - • _ .._ • ._ . � . . _ � . " , ' ' . ._ _ ' . . � . . � � • � .. . • . ' . '.S .. .. �
<br />
|