|
�•� .
<br /> .. � .�.,r:. �
<br /> � � ..
<br /> I SHAWIJ� FRY JBNNIHBR PRY 101782 02/10/1998 _
<br /> ' , 9.Condannattoa.Tde proceeds of any award or claim for daAwges. direct or cnnsequendal. in connecdon wi[h any � �� ��
<br /> coixlec�doa or other caking of che Propeny, or part thereof, ar for canveyance Ia lieu of coudemnation, are hereby , ��
<br /> Assi�aed wd shall be pald to Leixler,subject to che terms af any martgage, deed of trust or other securiry agreemeut wi�h a ��'
<br /> i Nen whlcu has priority over tWs Deed of Trust, ��
<br /> 10. Borrower Not Rdasecli Forbeannce By Lender Not a Walver. Hatensian af the ttm: t'or payment or qi0 -
<br /> , ; madlRent�au of amortlradon of the sums secured by tbis Aeed of Trust granted by Ixader to xny successor in interest of � ' �.:
<br /> Borrawer Rhall pot oper�te ta relwse, in any manner, the ltab{Ilty of d�e odglqAl Bocrower and Honower's succes5ors In '� :,,�f;
<br /> j iuterert. Leader sball aot be reqolr�d ta cammeace praceedings against such successor or refuse to extend dme far payment ��� """'
<br /> � ur otherwise madify suuartl�tdon of the sums aecured by tlils Aeed of Trust by reason of any dewaud made by the c�riglaal N •---
<br /> � Burrower wsd IIanower's sua;essors In latereu. Any forbearauce by Ixader in exercisiug any rlght or remedy hereunder, � "''°w.:..,.��
<br /> , - ar adherwise tfforded by�ppHcable law,shall not be a waiver of or preclude the exercise of any such right or remedy. � �, _-�--
<br /> ^ 11.Succeaeore and As�l�ne Bound;Jolnt and Several Uability;Co�si�nere. Thc cavenAnts and agreements hereia
<br /> cautained shall bInd. and the rights hereundershall inure to,the respa:dve successors and asslgns of I.ender and Borrower, , _
<br /> svbject to t6e provisioas of paragntph 16 heteof. All covew�ats And Agreements of Borrower shall be joiat and several. ._
<br /> Any Borrower who co•signs tdfs Deed uf Trust, but dces not execute the Note.(a)is casigning this Deeci of Tnwt only to '
<br /> ,igrant and cc�nvey that Borrower's iaterest in ihe Property w Tcustee under the tecros of this Deed of Trust, (b) is not
<br /> i petsowilly li�ble an the Ivote or under this Aeed of Tcust, aad(cy agrees that I.ender and any other Horrower hereunder _
<br /> ' ; may agree to excend. modlfy,forbear, or make any other accommodadans wltb regud w the terms of this Deed of Trust or
<br /> �� the Note. wIthout that Borrower's conseat and wIthout releasing that Borrower or modifying thls Deed of Tn�st as to that
<br /> Borrower's lntemat in�he Property. �. ;,`._
<br /> 12. NoUce. Sacept for any nodce required under appltc,�ble lnw to be given ia anather manner, (a) any notice to -
<br /> . Borrower grovided for in tl�is Deed of Trust shall be glven by delivering it or by maUing such notice by cerdfied mail
<br /> - addressed to Bocrower At the Property Address or at such other address es Borrower mxy designAte by aodce to Lender as -
<br /> pmvidod herein,and (b)any nodce to Leader shaU be given by r�,•rd�ed mail to Leader's adclress stated herein nr to such �.`°
<br /> other address as Lendar mAy designate by notice to Hoaowcr as provided herein. Any nodce provided for in this Deed of �;
<br /> �, Trust shaU bc deemed to have beea giveu to Bomower or Lender when given in the manner designated herein. _-
<br /> 13. GoverntaY I.�w;SeverabUity.The state arni local laws applicable to tl�iis Deed of Trust shall be thc laws of the —
<br /> .� jurisdicdon Ia which the Properry is locued. The foregoing sentence shall not Umit the appltcability of Fedeml law to this �`
<br /> �. Deed of Ttust. In the eveat that any provision or clause of this Deed of Trust or the Note contlicts wlth applicable law, �:�-
<br /> such co n fl lct s h�ll not a f f ect o t her pro v Isions o f t d i s D e e d o f Trust or t he Note which cun be glven effect wlthout the �`��
<br /> .� contlicdng provtsioa.and to this end tLe pmvIsions of this Deed of Ttust and the Note ere declared to be severable. As '-��
<br /> ua:d herein, "costs'. 'especsses"and "attorneys' fees" include all snms to the extent not proWbIted by applicable law or F.
<br /> limited hereia.
<br /> _- iy. �orrowa'e�o�;y. B3ii0iV2i ehuil F� Sunlshh�3 a u�nf�rracd capy of the;3ot2 and�f thls B�d of Truct at tb� � • '-
<br /> dme of execution or after recordadaa hereof. =
<br /> iS. Rdubllitatloq Loan A�reemeat, Borrower shall fulfill all of Borrower's obligndons under any hom� P; ---
<br /> nhabilItation. improvement,repair or other loan agreement which Borrower enters iato wIth I.cnder. I.ender,at Lender's ����
<br /> - opdon, mAy require Borrower to execute and deliver to Lender, in a forw acceptable ta Lender. an assigument of any - - --
<br /> dghts,claims or defenses which Borrower m1y bave agatnst pardes who supply labor.matedals or secvIces la connecdon ��S
<br /> �� with improvements msde w the Propercy.
<br /> 16.Traasfa of the Property or a Bendtci�l Iaterest ia Borrower. If ail or any part of the Praperty or any interest
<br /> in it is sold or transfeaed (or if a beneficial intecest in Borcower is sold or transferred and Borrower is not a natural ���—
<br /> � person)wlthout Lender's prIor written conseat, Lender may.at its opdon,require immedlate pal�ment In full of ell sums ----- -
<br /> secured by this Deed of Trust. However, tt�is opdon sliall not be exercised by Lender if eaercise is prodibited by federal _�__
<br /> t law as of the date of this Deed of T:ust. __
<br /> � If Lender exercises this opdon, Lender sbaU give Borrower nodce of acceleradon.The nodce shall provtde a pedad ;.•,
<br /> ,� of not less than 30 days from the date the notice is delivemd or mailed witl�iin which Borrower must pay all sums secured
<br /> �: by this Deed of Tcust.If Borrower fails to pay these sums prior ro the expiradon of this period, Lender may invoke any '-�_°
<br /> remedies petmitted by this Deed of Trust without t�uther nodce or demaad on Borrower. ���_
<br /> � NoN-U1vIFORM CovENANTS. Borrower and Leader fiuther covenaut and agree as follows: -•: —
<br /> 17. Acaela�tioni Rem�dies. Except u pmvt d e d ia para�rap t� 1 6 h e reo f, upon B orrower's breac h o f any �"`�—
<br /> , rnvenAnt or wgreanent of Borrower In tld�Deed of Tnut� includta� Borrower's fWlure to pay,by the end of 10 � -
<br /> cxtendar days after they are due,any sumg secured by this Deed of Tn�st, I.euder prior to ncceleration shalt�ive ��-���-�
<br /> notice to Borrower as provtded in para�ph 12 hereof apecityia�s (1)the breach; (2) the actton reqWred to cure r'.: �`��
<br /> I such breach; (3)a date, not less than 10 d�ys ft�om the date the nottce is mAiled to Borrower,6y which such breach �:.,,.,,.
<br /> � must be cursd;and (4) that failure to cure such breach on or before tde dAte specitted in tde notice may result in ,,''j,:::-;t.".
<br /> � accelemtion of the sums secured by thls Deed of Trust and sele of t6e Property.The nottce st�ti tiurther inform �'`�' �' �
<br /> � Borrowa o[the ri�hht to reliastAte atlter AccderwNon and the ri�ht to brin�st court action to assert the nonexistence of � ���;;.
<br /> �-4
<br /> a dePadt or any other deten5e of Borrowerto acce leration an d s a le.I f t he brea c h i s not c u r e d on or b e fore t he d ate � -
<br /> specifled in the notice, Lender,at i.ender's option,may declere all of the sums secured by this Deed of Tnut to be
<br /> Immedlaiely due and payable witdout further demand and may invoke the power of sale and any other remedles
<br /> • pennitted by applicAble IAw. Lender shall be entitled to collect all reasonable costs und expenses incurred in
<br /> pursutn�the ranedlcs prov[ded in this para¢raph 17�includln�, but not Wntted to,reasonable attorneys'fees.
<br /> IP thc power of sale is invoked, Trusta shait record a notice of default In each county in whtch the Property or .
<br /> some pa�t thereof ls located and shall m�il coptes of such notice in the manner prescribed by appitcable law to ;
<br /> Borrower And to the oth�r person9 prescrtbed by applicable taw.AtYer tiie lapse of such ttme as may be reyuired by
<br /> appUcable law,Tntstee shell �ive public notice of sale to the persons and in the mannex prescrtbed by applicable '
<br /> 1�... T.....�� ..,t�h...w.I....e...�....il...�.�.....e.ol.oll oJl�6.D.....n.y..u�.�uM11n o�Winn M!lw 6fnlwe!{�i�i�lan o��M N...� ... .
<br /> - .o . ....o..,.� .... ..«.... ..............,,.� ..........r....,, ...i.........»»».............._�............... ».....,.».... , - -
<br /> artd place and under the tenns desi�te.i In the notice of sale in one or more parcels and�n such order as Trustee •
<br /> may determtne.TruStee may postpone sale of all or any parcet of the Property by public announce�teent at the time i
<br /> and place of any preriously schedWed sale.Lender or Lender's designee may purchase the Prope�ty at any sale.
<br /> Upon recetpt of payment of the price bid,Trustee shall deliver to the purchnser Trustee's deed conveying the
<br /> Propecty sold. The recitals in the Trutitee'a deed shnll be prima facte ev[dence of the truth of the statements made
<br /> thereln.Trustee sha��apply the proceeds otth�sate in the following order:(a)to all c�easonable costs and expenses af
<br /> the sale, includin�, but not IiEnited to,Trustee's fees actually[ncurred of not more than 5;b of the gross sale prtce,
<br /> reasonable attorneys' fees and costs of title evidence; (b) ta att sums secured by this Deed of Trust;and (c) the �i
<br /> excess,lf any,to thr person or persons legally entitled thereto.
<br /> �
<br />- ,
<br /> Nchraska 2�+876-4 i�ea Oric�inal(Record�d) Copy(eranchl Copy(Customer) r:��;����rs
<br />
|