|
�
<br /> ,
<br /> + • Paqe 5 " •
<br /> � : a��.o�_�998 DEED OF TRUST . . _
<br /> �oan No 618744 (Continued) 9�— �,t31'Z25 _ _
<br /> -_�— ,
<br /> � :?
<br /> or invalldute any acl done In rosponse to such delault or pursuant to suCh notice of defaulC and,notwlNSlandinp ihe continuance In �
<br /> ' exerCisAlevery rfpht prOVl d a'�BIheINd or t e Rela ed Dxu en45 orf by aw pon lheroccur�ence of anye ent of de eu'flbnc udinq ihe � r�
<br /> � npM to exercise the power of sale: ��
<br /> � (b) Cammence an aCtion to loreclose lh�s Deed ot Trusl as e mortgage,eppoinl a recelver or Speci�icaliy enforce any of the covenanis �
<br /> hereoi;and
<br /> � (c) Dellver to Trustee a wr�tten deClaration of defaull and dernand for sale and n wrltten notice of default and ekctfon to ceuse Trusta's
<br /> � Interest tn thY Properly io be sold,wh�h�oltca Trustoo shall cttuso to be duly filod fa record In the approprlate oiflces of ihe CountY t� ,-
<br /> � whbh th�Prop�rty h locttad;and ,.
<br /> ! (d) Wlth rospect to atl a any part of the Personal Property,Lender ahall have all ihe rlphts end remedfes af a secured p�rly under the ,
<br /> � N�braska UMform Commerciai Cads.
<br /> � Fa�tbwr�by PowK of SW. If Und�r Necb to laeclose by exerclse of the Pow�r of Stle hKein contalned,und�r shall noNy Trustee tnd Y
<br /> yha��drposlt with TrustM thls Deed of Trust and the Note and sueh recelpts and evldence ot expenditures mado and secured by Ihia Deed of
<br /> Trust u'Trustee may requlre. _
<br /> (t) Upon recelpt ot such notice from Lender.Trustee shau cause to be recorded,publlshed and dalivered to Truslor such Notks of Detault ;
<br /> tnd Notice of Sab as then requlred by kw and by thls Deed of Trust. Tru3tee shall,wlthout demand on Trusta,atter such Ume as may
<br /> � Ihen be requlred by law and aRer recordldon of such Notice of Defaull and afler Notice of Sale havirp been piven as requlred by law,sell
<br /> . � ihe Property at tha time and place of sale fixed by It In such Notice of Sule,elther as a whole,or in seperele lols or parcels or Items as � r J
<br /> Truslee shall deem expedlenl,and In suCh order as It may determine,at public auctlon to the highesl bidder tor cash In Iavrtul money ot �',; �
<br /> Ihe Unitad States p�yable at iho..�me of sob. Truslee shau deliver to such purchaser or purchasers tnereof ils good and sufAdent deed or ;��.� --
<br /> •Ideeds conveyln0 the property.o sGd,bN without any covenanl or wartanty,express or Implied, The recitds�n such deed ol any matters 1 =_
<br /> i a tects shatl be conciusive proot of the kuthfulness thereof. Any person,Includlnp wilhout Ymitatlon Tnntor,Trustee, or Lender,may
<br /> purcha,o at suoh sele.
<br /> (b) As may be permitted by law, atter doductlnp aM costs,tees and expenses of Trustes and ot this Trust,Inc�udlnQ costs of evidance of
<br /> � Trusl or�under'the ermsaot�the No e no8lhen repald Includ nq butlnol�limAted to accrued Int Ires and i4te c�9esh(�q ail othx sums lhe�n _.
<br /> Isecured hereby,and (ui)the remalnder,N any,lo the pereon or persons leyclly en111ied thereto.
<br /> � Ic) Trustee may In Ihe manner provided by Iaw postpone Sflle of all or flny porlion ot the Propedy.
<br /> qemedles Not F�tcluslve. Truslee and Lender,and each of Ihem,shall be entitled to enforce payment and pmlormanCe of any Indebtednes8
<br /> ' � or obliyations secured by this Doed ot Trust end to exercise all righls and powers under thla Deed of Trust, under tM Nole, under any of the
<br /> �` Relaled Documents,or under flny other agreement or eny Iaws now or hereatter In force;notwithstandinp,some or all of such Indabtedne55 _
<br /> � + and obliyations securod by this Oeed of Trusl may now or hereafler be olherwise secured,whether by moRgepe. deed of trust,piedpe,Ilen, -���
<br /> gs�qnment or otherwise. Ne�ther Ihe BCCepte�ce of ihis Oeed ot Trust nor its enforcemenL whether by court acfon or pursuant to the power of _
<br /> 8ale or other powers conte�ned In this Deed of Trust,shall prejudice or In 4ny manner aHeCt Trustee's or Lender6 nghl to reoilze upon or
<br /> > enfaca any other secudtY now or hereaRer lqld by 7rustee or Lender,it being agreed that Truste6 and Lender, and each of them,shall ba ,tid +—
<br /> _� entitled to enforCe lhis Deed of Trust and any other security now or hereafter held by Lender or Trustee In such order and manner as thYy or .,.,;._�:
<br /> elther of them may in thelr absolute a�screbon dalermini,. t�u rame�y conf�red upcn er re�!�1 to Trusta�or L�nder.Is Intended lo be ��^��
<br /> exciuslve of any other remedy In thls Deed ol Trust or by law provided or permifled,but ench sheN be cumuutive tnd stull b�In additlon to �,�
<br /> every othx romady giwn in thls Doed of Trust or now or her�Rer exlstinQ at Iaw a In equily a by atatute.Every powK or romedy ytwn by ttw �� _
<br /> Note a any of ths Rdated Dxuments to Trustee or Lender a to whlch either Of them may be othervvbe en�lled,may be oxerdsed� ��ry���-
<br /> coneun'antty or Indep�ndendy,kom tirtw to Ume and as oflon as may ba deamed expedient by Trustee or Lender,and ath�r of them may
<br /> pursue Inconsistint remadies. Nolhinq In Ihls D�d of Trust shali be tonshued as prohlWHn�Lender hom seeklnp a deflclency Judpment �'� -
<br /> ��
<br /> a�alnst ths Trustor to tM exlent auch acllon h permltted by lew.
<br /> Request Fa NoUcs. Trustw,on behelf of Trustor and Lender,hereby requests ihat a copy of any Notice of Default and a copy of nny NoHCe ��—
<br /> of Stle under this Deed of Trust be malled to Iham at the addresses set torih In the flrst p8rapreph of this Deed al Trust. ,,�_
<br /> WMver,Elactlon of Remedles. A walver by any paAy of a breach of e provlslon of thls DEied of Trusl stuG nol conslllute a walver ot or j,Y
<br /> preJudice the partys rights otherwise to demnnd strtct compiiance with that provislon or any other provision. Electian by lender to purtue any _
<br /> remedy provided In this Deed of Trust,the Nola.in any Related Oxument,or provided by law shall not exctude pursuft of any other remedy, ��.�
<br /> and an eleclion to make expenditures a to lake acSlon to perform an obligntlon of Trustor under lhis Deed ol Trust atter fafiure ot Trustor to �=�
<br /> , perform shall not attect Lender's dyht to declere a defadt and to exercfse any of Its remedies. ����
<br /> Aitotneya'Fees;Expenses. �f Lender Institutes any sul or actlon to enforce any of the terms of this DeedW�lher or no1 any eourt aci bn is ��
<br /> recover auch sum as the court may adJudye reasonable as attorneys'fees at Mal and on any appe8• �
<br /> Invdved,all rsasonable expenses Incurred by Lender whiCh In Lender's opinlon are necessary at any time for thB prdection ot ib Inte�est a the ��_
<br /> enfacement ot ils ri�hts shail become a pad of the Indsbtedness payable on demand�nd shatt bear inlerest tt the Note rate hom ths d�le of , _
<br /> } expendlture undi repald. Expenses cavered by thls parayreph Inciude,without Ymftatlon,however subJact to any Ymits under�ppllCt�bk law, ��^�:w
<br /> Lender's aitorneys'fees whether or not there Is a lawsult,InCludinp attaneys'fees fa bankruptcy proCeedinps(indudinp etfals to modlly a ��_
<br /> � varale any automatic stey or in�unctbn), appeals and any ant�ipeted post-Judpment collection serNCes�the cost of ssQrchfnp reCOrds, :,` '',
<br /> obte�ning tille reports(Including fweclosure reporls),Surveyors'reporls,apprals8l fees.tille Insurance,and fees tor the Trustae,to the vxtent 'y,�;��.c_'
<br /> permitted by appliCable Iaw. Trustor also wil pay any Court costs.In adddion to all other sums proNded by law. �r___
<br /> Riyhta of t�llOtee. Trustee sheY hnve aY ol lhe rig�ts and duties of Lender as set forth in thls secibn. :��7- �
<br /> POWERS AND 0l3LIGATIONS OF TRUSTHE. The followinp provisions rolatinp to lhe powers and obligAtions ol Trus�ee are part of thls Deed of �•�,, �,'� �,�
<br /> Trust. .-
<br /> Powera ot Trustee. In addition to oll powers of Trustee ansing as a matter of Iew,Trustee shaN have the powe�to take the to�owlnp acuons • �� ��,;j�c;;�5�
<br /> wlth respeet to ihe Properly upon the written request of lender antl Trustor: (a)Jan in preparing and tiMnp a map ar plat of ihe Real Property. � :,}�.,_
<br /> ! inciudlny the dedlcatian of slreets or ot h er r p h ls to t h e p u b;i c: (b)J o i n I n g r a n t i n g a n y e a s e m ent a creaUn g an r resmctfon on the Renl Prope�ty:
<br /> and (c)Joln tn any subordlnatlon or other agreement atlecting thls Oeed of Trust or the Interest of Lender under Ihis Deed of Trust. ,�.
<br /> TNttee. Trusiee sheM meet all qualificallons requked for Trustee under appllcebie taw. In addlUon to the rtyhls and remedles set forth above,
<br /> he
<br /> wilh respect to all or any pert of lhe!'roperty,the Truslee shall have the�IOht to foreclose by notice end sflle,and Lender shall have the riyht to ,
<br /> foreciose by Judiclal foreclosure,In efiher case In axordance wiih and to the tull exlent provided by appllCabie aw.
<br /> Succestor Trustee. Lender,al Lender's opYOn,may hom tlme to time appolnt a successa Truslee to eny Trustee appdnted hereunder by an
<br /> inslrument execuled end acknowledged by Lender and recorded in ihe ofBce of Ihe racorder of HALL Counry,Nebraske, The Inshument shaA
<br /> conlaln,In additton to ali other matters req�red by state law,the names of the original Lender.Trustee,and Truslor, the book and pege(or
<br /> computer system referenCO)where this Deed of Trust Is recorded,and the name and address of Ihe suaessa��ustee,and the instrumenl shau I
<br /> ' be executed and acknowletlged by all the DeneflClarles under the Deed ot Trust or thelr successas In Interesl. The suCCessa�ruste9,wllhout
<br /> awV This p ocedure lap s bs tullon ol i uslee sha gtove��Pto the exClus onsof all'othe p owslons o Ssub5litut�a�.�d ot Trust end by app��Cable
<br /> unTICE3 TO TRUSTOR ANO OTHER PARTIES. Any notiCe under this Oeed of Trust s��b ti�o�nr��gourv ruconn�d overnloht cou�ier,o� I . _
<br /> Olhen�nSB required by IAwI,8nd Shflll be eneClrve W�en acivaiiy un��w��..G�::�`.o•�....r�•--•••••• - - • -
<br /> maded,Sht1A 6o do9med BNeCUve when deposdBU in the Umted Stntes m8d first Class,Ce�1�Hed or re9�stered mall,poslepe prepald,dlr Ntnd f�rthal `
<br /> addresses shown near 1he begmmng ot lhis Deotl of Trusl. Any party may change ils 8ddress for noliceS under Ihs Qeed oi Trust by q 9
<br /> wnnan notice to Ihe other parties,speclfyfng thal lhe purpose of ihe nolice is to change the party's address. N�coptes ol notirns of torec:losure trom I
<br /> ihe hdder ot nny lien whfCh hfl5 prlonty over this Deed o)Trust shflll be Sent to Lender'S&ddress.as shown near Ihe b6g�nning of thlS Oeed of Trust. II
<br />_- Fo�reol�cv purposes.Truslor agrees to keep Lender and Trustee intormed et ali timos of Trustor's current adMess• �
<br /> �
<br />- MISCEII.ANEOU5 PROYISIONS. The followmg miscellaneous D�owsions are a part of lhis Deed o}Trust:
<br /> i
<br /> pmhe maders sel f'orlhe nd�h s Deed o�Trusl-wNo alterglion of or emendmenl to Ih s Deed of 17rus1 She 1 ba eMecti e ugnless fln�e���n��fl d �
<br />� s�gned by Ihe pfl�ty o�Pa�t�es 5oughl lo becharged or boand by�he alleralion or amendment.
<br /> I Appliceble Lew. Thls Deed of Trust has been dellvered to Lender and accepted by Lender In the State of Nebraaice. Thls Deed ot Trust
<br />
|