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<br /> i � D�ED O� TRUST Psqe 6 I � -
<br /> I 01-28-1996 (Contlnued) ��—.�1j�99U _ �
<br /> ; ' Loen No 63�783 _J_.�_—__ _ : ---_— �� I `
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<br /> 1 3 ��y����ty. Lentler m g0od fadh deems ilsolf InseCUro. � ;,�
<br /> i F�tlstinp indebtednets. A delault shall occur under any Existinp indebtedness or under eny instrument on the Property securinp sny Exislinp , ��
<br /> Indebledness,or CommenCement of any sud or other flction to foreclose 8ny ex�stiny Iien on the PropertY• ;I ��
<br /> qlpht to Cure. If such e�a�lure��Cureble und if Trustor hae nol been pwen s noUCe of a breach nf thei Tr stor�afler 4ender aenda wrlHen � -
<br /> Nithin the preCed�np iwelve (121 months.��may be cured(and no Event ol Defau�t wtil have occurred) :�
<br /> noUCe demalndtl8 es ste sr SuHiGent to cure�therfa�lu e and there8fterhCOntlnues�and c�ompletesf all reasoneb�and n�recessary steps eu�fficlent o �
<br /> Immedlateiy P __
<br /> produce compllance as soon as re4sonably pctsctical. .
<br /> p�p!{Tg AND FEMEDIES ON DEPAI�-T. Upon„�^d�emed es�fin additlon to any otlher riphtsflor refinedlesrpoWded byeaw r�ender,at Its opqon, ��
<br /> may exerctse any one or more of 1he foliowing rW
<br /> Aceeler�tlon upon Defnult; AddittonN Ramedies• If any event of default ocaurs as per the terms ot Iha Note secured hereby,Lender may y,�.
<br /> declare all Indebtedness seaured by thls Deed of Trust to be due and payable and the same ehell thereupon become due and payab{e wllhout
<br /> I any presentment,demand,protest or notice of any kind. Thereafter,Lender may: ; ;� ,�,`�'�
<br /> r�-�
<br /> (a) Elther In person or by agent,with or without b�inging any aatlon or proceedinp, or hy a recehrer appointed by a court and wlthout ; ,�.,.�._•�`-�
<br /> 1 repard to the adequecy ot Its secudty�enter upon and take possess�on of the Properfy,or any pflrt thereof,In its own name or In the name i + -
<br /> of Trustee,andor�nlerest n he�Properlymncr�e Incomef hom the P�roepertyhor protect the seaurilY of the Pbioperty;tnnd,wth a�without �m z
<br /> of the ProperlY
<br /> unl Idpand pptythehsame,Piess�costsf 8ndrexpenses of olperanonrand�cole�cton�,mclutllnp atto ne�f��,ito any�ndeb edaess seour tl
<br /> bythis Deed of Trust,ali in such order as�e Iicatlon the etot shall not Cureto�walve�any deF9uit or no�lice of defaul under th s�D d�of Tru t
<br /> ot suoh rents,Issues and profiis,and the epp t.,
<br /> posse".+:,lonteol he Propertyl�rehe c Ilecton, recelpt and appllcaifon of�rents,�i cu sf oeprofits.Trustee ior Lender�shallcbe enHUed ta
<br /> exerclse every rt8ht provided for In the Note or the Related Dxuments or by lativ uport the ocCUrr�snce of any event o�default,Includlnp the
<br /> rlpht to exerclse the power of saie; _
<br /> (b) Commonco an action to foreclose thls Deed of 7rust as e mortya0e,appolnt e receiver or spoClficilly enlorce any of the covenanls _
<br /> hereof;and �-�
<br /> (c) Dehver lo Trustee a writlen declernUan ol defouit end damond tor eale and a wrftton notfce ol OafaWt and NoClion to causo Trustor's ,,n._..
<br /> inleresl in thY Property to be sold,which notice Truslee shall cause to be duly hled for record In Ihe appropride offlces ot thp County In
<br /> whroh the PtopeAy is IOCYteU:and _
<br /> A► ' (d) W�Ih respeot�o all a any part ot Ihe Personai Property,Lentler shall have en the nghts and remedies ol a soCUred perty und�r the
<br /> ' Neb►aska Urvlorm Commerciel Code. .
<br /> Foncbaur�by pow�r of 8N�. i�Lender elecl8 to foreclose by exerc�se ot tho Power of Sale herein ca�a�n�d,Lende+r ehall notly TrusiN and �.
<br /> sptU dtposU with Truslee thfs Deed ot Trust and the Note and auch recelpis and evldence ol expendttaes made and seound by thla DMd of ��
<br /> Trust as Truslee nuY roQu�re. �;
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<br /> (a) Upon recelpt ot such notice ttom LenJer,Trustsa shs:!csuss i^na rwcorded.nublished an�ddive�ed to Trustor such Notice of De au
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<br /> and Nol�e M Sale as thon requlred by law and by thls Deed of Trust. Trustee Shail,wlthout demend on Trustor,after suoh rrw��r►�Y �_
<br /> then be requked by law and atter recordotion of such Nollr•e of Defauit and after Notke of Sale hsving been qlven as raqulrod by kw,bW� ,.*;�, ,�.,s,
<br /> the Prop�rty�t the Ume and place ot sale flxed by It In such Nottco of Sale,elther as a whole, a�n separate lob or parcNs or Items I�s ;n�c;�t.,^;. p_'�
<br /> Trustee ahau deem expedlent,and In such wder as R may determine,at publb aucflon to the hi�hest bldder tor cash In lawful money of ��`� ��,''
<br /> tfw United 5lttes payabla at the tlme of sele. Trustee shali dellver to suCh purChaser or purchasers thereof fts qood and sufflcWnt dsad or ��;c? �,��
<br /> dosds conwylny the Property so soid,but wlthout any covenant or warranty,express a Imp�led. The recitals In suah deed of any matters rK�'
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<br /> or faCts ahall be concluslve proof of tho truthfulness thereof. Any person,includlny wllhoul IlmMatton Trustor,Trustee, or Lender, may +t�.' . ;K, ,:
<br /> purchaso at suah sele. �'����
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<br /> (b) As may be permitted by law,atter deduclln h011pfo�s�d8 of se e t pu mentfofr(I)tatl sums ezpendedtuinder�the terms of his Deed of „� �Y,
<br /> 11He tn connxtion with sale,Trustee shell spply � r s
<br /> Trust a under the terms of the Note not then repaid,Including but not Ilmited to acCrued Interest e�d lale charqes, (tl)all other sums then �.�� .�—
<br /> seaured hereby,and (NI)the remalnder,If any,to the person or persons ieeally enHtted thereto. `�.
<br /> (o) Trustee may In the mannor provfded by law postpone saie of all or anY Portlon of the Property. ` , -�°-_
<br /> Remedies Not Exclu�lve. Trustee and Lender,and each ot them,shail be enHtled to enface paymed and pertamence of any ind�btedrwss ��...
<br /> or obNyations secured by this Deed of Trust and to exerclse all rlqhts and powers under ihls Deed otTrust,under the Note,undsr any of the
<br /> Related Dxuments,or under any other ay�eement or any laws now or hereafter In faee;notwithstandin9,some or ili of auch indebtednsn � _.���s
<br /> and obllpalions secured by thls Deed of Trust mey now or herealter be otherwise secured,whether by matpaqe,de�d of trust,PNdp�.Oan� ,
<br /> asslynmeM w olharw�se. Neither the aCCepffince ot this Deed ot Trust nor Its enforcemani,whether by couA aotion or pursuant to 1h�power o} •��F•,-�r{:
<br /> sale or other powers contalned In thls Deed of Trust,shail preJudice or In any manner aBect Trustee's or Lender's dyht to realire upon or .'��.., _
<br /> r w�AM1A� ¢
<br /> enforce any other security now or hereafter heid by Trustee or Lender,ft betnp agreed thst Trustee ind Lender,and each of them,ahaH be .k'� '-
<br /> entltied to enforca thls Deed of Trust end eny other secudty now or hereaHer held by Lender or Truslee in such order and manner as ihey or ; i���J
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<br /> either of them may �n lheir absolute discreGOn determine. No remedy conferred upon or reserved b Tmstee or Lender, b•Intended to be ' ,``l�:- �
<br /> exGusive ot anY other remedy in thfs Oeed ot 7rust or by Iaw provided or permftted,but each shall be cumulative and shall be In additlon to .�...�..a�=:�
<br /> every other remedy gWen In this Deed ot Trust or now or hereaHer existing at law or In equiry or by stal�Ae. Every power or remedy given by the v��; ,��I
<br /> Note or any of the P.slated Oocuments l0 7rustee or Lender or to whlch elther of them may be otherwlSe entllled, may be exerClsed, = .�N..,_(:
<br /> concurcen0y or Indopendenlly,from ume to time and as otten as may be deemed expedlenl by Truslee or Lender,and elther of them may . �:.�'S�Y •� �
<br /> pursue fnconsistent remedles. Nolhing in ihis Deed of Trusl shall be conslrued as prohfbiting Lender hom seeklnp a GeflClency Judpment
<br /> ggalnst the Truslor to the extent such aclion is permilled by law•
<br /> of 3auesu der Nhls`Oeed of TruSt be me led to themrat the eddeess sf set frorth en he 5rstparegraph of INS Oeed ot Tr�usl.nd a copy of any NotiCe
<br /> WNver; Electlon of Remedie�. A walver by anY Par►Y ot a breach of a provislon of thls Deed ol Trust shali not constitule e walver ot or
<br /> preJudir.e the parly's dOhts otherwtse to demand strtcl compnance with that provlslon or any other proNSion. Electlon by Lender to pursue any
<br /> remedy provlded In thls Deed of Trust,the Note,In eny Related Documont,w provlded by law shaC not exclude pursult of any other remedy,
<br /> { and an electlon to make expenditures or to take aCllon to perform an obllpaflon of Trustor under tl�s Deed ot Trust after fallure of Trustor to
<br /> perform shali not aHeCt L6nder's�Ight to deClare n delauit and to exerclse any of Its remedlas.
<br /> � Attomeys'Feea; Expenses• �f Lender Insfitutes any sull or action to enforce any af the lerms ol thaDeed of Trust,Lender shall be e�dUed to
<br /> ! recover such sum as the court may adjudpe reasoneble Bs attorneys'tees ut trlal and on any appeal. Whether or not any court aCtlon fs
<br /> Invo:ved,all reasoneble expenses Incurred by Lende�which In Lender's opinlon are neceSSarY at anybm9 tor the proteCtlon of Its inte�est w ihe I
<br /> expenditwe1 unW repaid.SExlpe es covered by lhisl perapraph include,Iwilhoull m�tationahowe ee s�ubJect to8any hm is undefrappllcable lawf
<br /> Lender's altorneys'fees whelhei o;�o^nheAn ealseand�anylantcipaednposif judgment corllepcion servicesg heln osf'nof sea�chinymecords. �
<br /> •---" �.o, �. .... _..��.,.....�ti.,r.��c�m tn tha a�clent
<br /> - vaCaie eny nu�v�non.. ••.,_.._-- .. • . on.. .w...... � -
<br /> oblalning htle repo�ls(�ncludi�g forociosure reports),surveyors'reports,appraisai iees,����n������d��. • - ••--•-•• �
<br /> permitted by applicable law. Trustw also w�ll pay any coun cosls,�n additlon to all other sums prOVided by law.
<br /> RlyhtB of Truatee. Trustee shell heve 611 of lhe nghis and dulies of Lender as set torlh In ihis section.
<br /> POWERS AND OBL�GATIONS OF TRUSTEE. Tho following provisions relating to the powers and oblqations of Trustee are part of this Deed of
<br /> • TruSt.
<br /> Powers ot Yrustee. In addilion to all powers of Trustee erising as a marier of law,Trustee shall have lhe power to take the following aCt ons
<br /> with respeCt lo the Properly upon Ihe wrltlen requost of Lender and Trustor. (a)Joln ln prepanng and flling a map a piat of ihe Real PropeAy,
<br /> including the dedicalion of streets or olher rights to the public; (b)Joln In granting any�asement or veating any restricllon on tha Real Prope�ty:
<br />' and (c)�oin in any subordinahon or other agreemenl aHecting lhis Deed of Trust or Ihe intorest o(Le�der under ihis Oeed of Trust.
<br />- TruutCC. Truslee 5heil meet all quahf�Cations requued lor Trustee under applicable law. In edddionlo the nghts antl remedies sel forth above,
<br />` o1reClose by�udicialrlur c osuref ih elhepca5e1 n�CCOrda ceaw ih and Orlhelfuoll 8xten'�prOV dodlbyepplicflbleagwLender Sha�l have iha nght t0
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