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<br /> DEE[1 OF TRUST Pa9e 5 'Q''''���
<br /> • ' 01z3Q-1998 n �
<br /> � ' �Loan No 648808 (Continued) ag- �O1121 � . �":`'- �-�
<br /> � Truat a undsr Ihr terms ot the Note not then ropald,indud— ir�ip but eot Ilmited to eccrusd Interesl end ate charpes, (n)atl other eums Ihen` � s
<br /> secured hereby,and (Nq the remelnder,It any,to the person a penons lepaUy entitled thereto. I .��ti.""_
<br /> (c) Trustee may in the manner provlded by lew postpone sale o}eu or any portlon of the Properly, -
<br /> RMm�dNs Not Exciu�ivs. Trustee and Lender,and each ol Ihem,shall ba eNltled to entorce payment and perfamance of any Indebt�dness __
<br /> or obllpatlons secured by thls D9ed of Trust and to exercise dl riphls and powers under thls Oead of Trust, under the Note,under tny ol the
<br /> Related Documants,or under any olher apreement a any lews now a herenrier In force;notwithstandlnq,some or all of such Indobt�dness _-
<br /> and obllpatlons�cund by this Deed of Trust may now or h�reaAer be otherwise secured,wMlher by mortpape,de�d of trust,pNd�,��ee, _
<br /> aaslpnmsnt or otFMrwls�. Neither the ac�xptancs of thls Deed of Trust na!ts enforcement,whsltwr by court acUOn or purauant to tM powx ol � __ -
<br /> sele or other powsrs contdned In thls Dsod of Trus1,shall prejud�e a in tny manrnr afl�ct Trusleo's a Lender'a rlpht to reaNz� upan a ,t,'�.,��
<br /> enlace eny other security now or hereatter held by Trustee or Lender,I! being epreed that Trustoe and Lender,and eeCh of tlwm, slul W , _.._ _
<br /> entlllsd lo enforco fhls Deed of Trust and any other secunty now a hereoHur held by Londer or Trusloo In such ordor nnd mannor ns they a � _�,`ri�_•� __
<br /> etth�r of th�m rtwy In thelr absolute discrotlon datormine. No nmedy conterred upon a r�swved to Trusts�a Lender, Is Int�ndsd to b� �_.,__
<br /> exclusivs of any other remedy In thls Oesd of Trust or by I�w provided or permided,but woh ahall be cumulative�nd ehati be fn�ddidon to �:=--.
<br /> evwy other remsdy piven In this Deed of Trust or now or here�fter exfstiny at Iew a In equity a by stalute. Every power a remedy plvsn by th� r:-
<br /> Note or any of the Related Oxuments to Trustoe or Lender a to which elther of them may be otherwise entitled, may be exerGSetl, �3`��
<br /> concurtently or Independently,Irom tlme to time and as aflen as muy be deemed expedlent by Trustea or Lender,and either o}them may . . _
<br /> pursue Inconsistent remedles. NotNnp tn tMs Dead of Trust shall be construed as prohtbi6np Lender irom seeklnp a deflclenay Judqmenl •
<br /> apainst the Trustor to the extent such 8ctlon Is permifled by lew.
<br /> of Salesu der h�si0 d of Trustbe malled to themrat ih addresses sat lorth en hehfirst pareq 8ph of ihis Deed of Trust nd a copy of a�y Notice ,Y -
<br /> W�IVH;Ekcllo�of R�m�di�s. A wahrer by any Darty of a breQCh of a provislon of this Deed of Trust shaN not constitut�a wafwr ot a �:�-:
<br /> preJudico the party's riphts othervvise to demend strict compllance with that provislon a any other provision. Eiectlon by Lender to pursu�any _ -
<br /> remedy provided In this Deed of Trust,the Note,ln any Related Oocumant,or provlded by law shau not ezclude pursult of any other remady,
<br /> and a�olection to m4ke expendltures or to take acUOn to perform an oblipatlon of Trustor under thls Deed of Trust atter faliura of Trustor to ___
<br /> pertorm shall not eftect Lender's righl to declue a default and t�exercise any of its remedies. -..
<br /> Attorneys'Faea;Expena8s. If Lendor InslNutes any sult or eCtion to enforce any of the terms of ihis Deed of Trust,Lender shnll be enUded to .
<br /> recover such sum as the court may adJudpe reasonabte as attaneys'tees at trlal and on any appeai. Whether or not any couR actlon b _
<br /> Involved,all reasonable expenses Incurted by Lender which in Lender's opinlon are necassary at any time for the protectiqn of Its Interest or the -______
<br /> enforcemont of Its rights shail beCOme a part of the Indebtedness payable on demand and shall bear fnterest at the Note rate hom the dQte d
<br /> expenditure until repald. Expenses cqvered by thfs pf►ragraph Include,wNhout Ilmitadon,however subJect to any Iimits under sppliCable law, __
<br /> Lenders attorneys'feos whether or not there Is a lawsuit,Ineluding attorneys'tees tor bankruptcy proceedinps(Includinp eMorts to modly a
<br /> � vacate any automatb stay or Injunctlon), flppeals end any anucipated post-Judpment cWlection seMCes, the cost Of seerchlrp records, _—
<br /> obtainlny dtie reports pncluding toreclosure reports),surveyors'reports,appralsal fees,dtle Insurance,and fees for the Trustee,to the extent .��:�.�
<br /> � permitted by appi�able law. Trustor also will pay any cou�t rASts,In additlon to aIi oth.er sums provided by law. •,-,� �
<br /> Riphta of Trustee. Trustee shall h8ve all of the rights and dulles of Lender as sef torth In 4his section. ��
<br /> a� POWERS ANO OBLIGATION8 OF TRUSTEE. The followinp provislons relatinq to the powers and obllpatlons of Trustee are pad of this Oeed d �—
<br /> Trost, ���i
<br /> y »
<br /> Pow�ra of Trustee. In addftlon to all powers of 7rustea e�sing es a matter of law,Trustee sh4ll hnvo the power to take the following�cttons
<br /> - :�ilh tespect to thp Proparty upon the wdtten request of Lender end Trustor. (a)jWn in prepa�ing and filinp a mep or plat Of ths Renl Property, _��_! =
<br /> mcludtng the dedk;ation of streets or other hghls to the pub�C; (b)Jofn In grBntlny any easemeni or creaiiny any�ialrkition on tA8 ite�! Pr��l;, , ,n����:. .
<br /> � end (c)joln in any subordinatlon or other agresmenl aftecdnp this Deed of Trust or the Interest of Lender under this Deed of Trust. .:; ��
<br /> Truatea. Trustee shall meet all qualifications required for 7rustee under appllcabie law. In additicn fo the riphts and remedles set forth�bow, •+�=.
<br /> ; with respecl to all or any part of the Property,the Trustee shall heve ihe right to faeclose by not�e and sale,and Lender shall have ltte ripht k �� ;"�
<br /> foreclose by Judtcial toreclosure,in either case in accordance wilh and lo the tull extenl provlded by epplicable law. r
<br /> Succ�aror Tnistee. Lender,at Lender's option,may hom Wne to tlme appdnt a successor Trustee to any Trustee appdnted hereundtr by an �'!��
<br /> '''s tnstrument executed and acknowledged by Lender end recuded In the offbe of the recorder of HALL County,Nebraska. The InsWment shtl n;ti
<br /> contaln,In addition to atl other maHers required by state lew, ihe names of the orlylnal Lender, Trustee,and Trusta,the book and p�pe(a - ..
<br /> compuler system reference)where this Deed of Trust Is recaded,and the neme and address of the successor trustee,and the Instrumenl slul , __ -
<br /> be executod and acknowledged by all the beneeciaries under the Deed of Trust or thelr successora In Inlerest. The successor trustee�wlthoW �,_��,L.�.
<br /> conveyance ot the Property,shall succeed to all the title,power,end duties conferted upon the Trustee In thls Deed of 7'rust and by apW�cabY �-��`
<br /> �, law. This procedure fu substitutlon of trustee shait qovern Io the ezcluslon of all other proNstons for subautullon. ���
<br /> � NOTICES TO TRUSTOR AND OTHER PARTIES. Any notice under thfs Oeed of Trust shall be In wdtinp,may be sent by teletacslm8e(unleu �-_ .
<br /> otherwise requlred by taw),and shail be eNecti��e when acluaNy detivered,or when deposited with a n�Uonelly reCOpnl�sd ovemipht courler,or,R ��_-
<br /> , malled,shall be deemed atfective when deFosited In the United Stales mell flrst ciass,certlfled or registered mail,postape prepatd,directed to 1he ���
<br /> ; addresses shown near the bepinning of thl,Deed of Trust. Any party may chanya Us address for notices under lhis Deed ot Trust by pivinp fornal .��.�
<br /> '� written notice to the other partles,speclyinp that the purpose of the ndlce Is to chanye the parly's addross. All coples ot nottces of fweclosure hom
<br /> � the holder of any Iien whbh hes pdority over thts Deed of Trust shall be sent to Lenders address,as shown near the bepinninp ot thls Deed o�Trusl. ~f�±,-�.'::�
<br /> For not�e purposes,Trustor eqrees to keep Lender and Trostee informed at all times of 7rustor's curcenl address. ''����_
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<br /> MISCELLANEOUS PROVISIONS. The foliowing miscelleneous D�ovislons are a part of thls Deed of Trush ',tii�,yc��--..
<br /> Ameadmenb. Thls Deed of Trusl,toyother wlth any Reteled Dxuments,constitutes the entlre understandiny and apreoment of the ptrHes�s ��,�;��.""'`
<br /> to the maflere set torth in this Deed of 7rust. No alleratfon of or amondment to tNs Deed of 7rust shaA be eHeotive unless plven In wAhrp nnd � =:�:''��":-���
<br /> s�gned by the parly or parlies sought to be charged or bound by Ihe elleratlon or amendmant. '� `"a. �a�-; �
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<br /> Appllcabb Law. 7hla Deed of Truat has been deilvered to Lender�nd�ccepted by Lender In the Stete of Nebraeks. Thls Deed o(Tnnt .
<br /> ahall be poverned by and conatrued In accordence with lhe lewa of the State of Nebrasks. ,
<br /> Captlon Headlnqs. Caption head�ngs m this Deed of Trusl are�or conveNenco purposes only and are not to be used to Inierpret or define�he •
<br /> provisions of this Deed of Trust. ,
<br /> Mefgef. There ShaN be no merger ot the inleresl a estatecrea�ed by Ihis Deetl of Trust with flny olhe�interest or estate in the Proporty at any
<br /> i hme held by or for the benetit of Lender in any capaaty.wAhout Ihe wntten consent of Lender.
<br /> � Multiple PaRlea. AN obl�gat�ons of Trustor under this Deed of Trust shall be Joint and several,and aY reterenCes to Trustor shall mean each end
<br /> i evory Trustor. This means that each of the persons signinp below Is responsible for all obligatlons in this Deed of Trust. ,
<br /> Severabliity. It e Court of competent junsdiCllon linds any proNSlon of thls Deed o�Trust to be Invalid or unenforCeable as to flny pe�son or
<br /> ' circumstence,such tinding shflll not render that provision nvald or unentorceable as to&ny other persons or cirCUmstanCes. If leasibl9,6ny
<br /> such offending provislon sha11 be deemed to be modiffed b be withln the Ilmlts ot entOrCeabY�ty or vallWty;however,If Ihe oftending provlsion
<br /> Cannot be so modified,it Shall be stncken and ali other proNSfons of IINS Deed ol Trust In all other respecls shall remaln valld and enforceable.
<br /> � SuCCeasora and Aselpns. Sub�ect to the Ilmilatbns stated In thls Oeed of Trust on transter of 7rustor's Inlerest,lhfs Deed of Trust shaA be
<br /> ' bindiny upon and Inure lo the benefit of the partles,thelr successors and esslgns. If ownership of the Property becomes vested in a person I
<br /> ,.t►,e. �►.o� Tr�����r t andar. wlthout notice to Trustor, maY deal wlth Trustor'8 successors wilh re�erence to this Deed of Trust end Ihe L
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<br /> ' Indebtedness by way of forbearance or oxtension wilhou� roteasing Trustor from ihe obllgaUOns ot inis ueeo or 'irust or iianu'ry unoBr i��o ��
<br /> � Indebtedness. ;
<br />= Time Is of the EasenCe. 71me�s of the essenCe In the pedormence of this Deed of Trusl. '
<br /> Waivers and Contlontd. Lender shall not be deemed to have wawetl any ri9hts under this Deed of Trust(or under ihe Related OoCUmenls) i
<br /> unless such walver is In wrlting and slgned by Lontler. No deley or omisSlon on the perl of LendOr in exerclsing sny r1gh1 shaN operate es Q ,
<br /> wefver oi suCh nght or any other nghl. A waWer by any party oi a prowSfon ot this Deed of Trust ShAll nol constflule a wfliver of or preJudice Ihe
<br /> perty's right olherwise lo demand s�nct complienCe with Ihat provisio� or any olher pro�s�on. No pnor wsive�by Lender,nor 6ny CoutSe of
<br /> de811ng botween Lender and Truslo�, shall co�sldute a waiver a�any ot Lender's righls or any ot Truslar's obligalions as lo any fulure
<br /> IransaCtions. Whenaver consent by Lender is requued m Ih�S Deotl of Trust,ihe grantmg ol SuCh Cpn58nt by Londor in any instenCe ShaY not
<br /> cUnstitute continuing COnsoN lo subsequenl inStanCBS whcrp suCh consenl iS rpqu�red.
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