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<br /> � (q) 11 Truator la not nn Indtvldual,tho Issuanco,ov�ndto tstandlnagat ck o�(II a partnerehlp)a to al oi e ot more th�o cc�nt of , '.
<br /> o� purcont oi(It fl corporatlon�Itu Inauod n ti P.noorty.
<br /> pprtnerehlp Intoreste durin the pe�lod thls Deed ol'fruet ramaln;:°Ilsn on th_ _
<br /> 12, q�m�dln;AccNaratlon Upon Clohut4.In the ovent ot any Evont of Qefault Lender mn�,without notics except am requlred by v
<br /> levy,declare ell Indebtednesa eecureal heraby to be dua and payable and the eame ehell thereupon trecome due end peyeble
<br /> wlthout any presentment,demand,protest or notice ot any klnd.Thereafter Lordgr meY: ,
<br /> (e) Demend thet Truatee exer�lee 4he POWER OF SALE praAtod herein,�r�d Yruetoe ehall theroafter cause Trustor's
<br /> Intereat In the Property to be eold and the proceeds to be dls2ributed,all in thtj menner provided In tho Nebraeka Truat Deeds
<br /> Act;
<br /> (b� Exerclse any end all rights provlded lor In any of the Loan Inetrumonls or by lav�up�n occurroncA of eny E�ent oi -
<br /> Dotault;ond olnt a recelvar,or specHlcaily eniorce eny ot the
<br /> , (c) Commence an actlon to fo�sclose thie Qaed of Trust as e mortgago,epp
<br /> covenante hereot.
<br /> No remedy hereln conteried upon or reserved to Trusteo or Lender Is Intended to be excluslve of any othcsr remedy herein,in the
<br /> Loan Inetruments or by lew provided or permltted,but each shell be cumulative, shall be In additlon to every other romedy piven _
<br /> hereunder,In the Loan Inatruments or now or hereafter oxl3tinfl at low or In equity or by etatute,ttnd may be exerclaed concurrently,
<br /> independentiy or euccesslvely. �:..,•. � �
<br /> 13. Trust��.The Trustee may resiqn at any time without cause,and Lende►mey at any time and without causo eppolnt a
<br /> successor or subatituto Yrustee.Truetee shall not be Ilable to any party.Including without Itmltetlon Lender,Borrowor,Yrustor or any "•. °;-.�,���r '�
<br /> . purchaser of the Property,for any loas ordemage unless duo to recklesa or w illlul rnisc:onduct,end shall not be required to take any .y. _ �_,�_�
<br /> action In connectlon with the ontoroement of thia Deed of Trust unless indemnitled,in writing,for all�oats, r,ompensatfon�r :�,
<br /> Y3.. :i==_-_-�--
<br /> , expensea whlch may be associatedtherewith.In sddltion,Trustee mny becomea purchaeer at sny sale uf the Property Qudlalai or . _
<br /> � under the power of eale granted herein);poatpone the sale of all or any portlon o1 the Property,as provlded by law;or sell tho �
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<br /> Property es a whole,or in separate parcels or lots at Truatee's discretlon. �_•:�
<br /> - 14. F�ss and Exp�nae�.In the eventTruatee aeila the Proporty by exerclse of power of sale,Trustee shell be entitled to apply , _.
<br /> j any sale proceeds first to payment ot all co�ta and expenses of oxerclsing po�ver ot eele,Including sll Truetee's fees,end Loncler's _
<br /> and Trustee's attorney's tess,nctuelly i ncurred to extent permltted by applicable law.In the event Borrower or Trustor exercises any ���
<br /> right provided b gu8t of Truator's default IDncluding wl hout Ieml atlontiale Trust s gVand ttorney's feest the extent permitto�by ,:~;�y�
<br /> : � incurred as a �' _
<br /> appllcable law. f.- —_ --
<br /> ' ; 15. Futun Adwnaea.Upon request ot 8orrower, Lender may, at its optlon,meke addltlonai and future advances and re- —..�
<br /> % advances to Borr unt ofsthe ndebted ess s cutled by this Deed of Trust no inclu'Ilbe au ur edvanced to prot ct the security of hls
<br /> - �� theprinclpal emo whichever la greater. ^�
<br /> 'F Deed of Trust,exceed the original prf nclpal amount stated Nerein,or$ •r�
<br /> 16. Mls��llan�ous Provtslons.
<br /> �. � (a) Borrow�r Not Rritased.Extension of the 4ime for payment or modificatlon ot amortization of the sums secured by this �t
<br /> `�� peed of Trust granted by Lender to eny successor in interest of Borrower shal I not operate to(elease,In any manner,the Ilabllity �,.,,
<br /> '. :„� �. .
<br /> ';-.,��r-�- oi i��e��y'�ns��rs�:'�'�•"•'�p""nwar's auccessors In Interast.Lender shell not bo requlred to commence proceedin9s against �.
<br /> such successor or retuse to extend tlme tor payment or otherwlse modiry nmonizaiion oi ii�o sums o.^,cur�b;�sls!��!of Truat j�:
<br /> ' f by reason of any demands made by the origlnel Borrower end Borrower's successors In interest
<br /> a �
<br /> (b) L�nd�r's Powsn.Wlthout eftecting the Ilabllity of any other porson Ilable fo�tho payment of eny obllgation herain • , ,
<br /> ' monUoned,snd without aNecting tlie Iien or charge of thls Deed of Truet upon any portlon ot the Proporiy not then or theretofore
<br /> released as security for the tull amount of ail unpaid obllgatlons,Lender may.irom time to time and without notice(I)release any
<br />- ' �� person so Ileble.(il)extend the maturiry or alter any of tho terms of any such obllgatlons,(III)grant other Indulgences,(Iv)release
<br />� , or reconvey,or�e en to her oreadd ional securityfortany o'bl gation herein mtentionedporc(vi)pmake omposltlonsPorother ,'
<br /> . (v)take or releas y i�-
<br /> � arrengements with debtors in rolellon thereto.
<br /> - � (c) Forb�aranc�by L�i ab1e�iw halilenot be ia waiver of oryp eC ude the exerclse of any s crh 8 ghtor eemedy.The .
<br />= ° otherwise eHorded by app �
<br /> , procurement of Insuranco or the payment of texes or other Iiens or charges by Lender ahall not be a weiver of Lender e riflht to —
<br /> acceierate the maturiry of the Indebtedness secured by thls Deed of Trust. ���.
<br /> (d) Succ�swn and Assl�ns aound;Joint�nd S�v�nl Llabllity; C�ptlons.The covenants and agroe�rents hereln con-
<br /> _ , - :'' telned ahell bind,end the rigf Trualo@ sheerbe Jolnt and t everal.The captlo�a and headings oi the paragr phe of his D�eed olf
<br /> -- • �� coVenants end agreemonts o
<br /> Trust aro for convenience oniy and are not to be usod to Interpret or defiree the provislons hereof.
<br /> _ .. '. �, (e) Requ dte�be me�ed to each`partyrto thls Deod of Truotpatthe eddress setfor4htebovo Inthe mennepprescr�bed'by
<br /> . of salo he e
<br /> • appllceble law•Except tor any other nolico requlrod under appllcabie lew to be glven in BnUther manner,eny notice provfded --
<br /> ' � tor In this Doed ot Trust shelt be given by malling such noUce by ceAified mall addressed to the othor partles,at the addreas set ��
<br /> � toRh above.Any notice provlded tor in thls Deed ot Trust shall be effective upon mailing in the manner designated hereln.If
<br /> " Truetor is more then one person,notice sent to the address aet torth above ehali be notice to sll such persona. _—
<br /> (� Insp�ctbn.Lender may make or cause to be made reasonable ent�iea upon and Inspectlons of the Property,prov[ded w
<br /> � that Lender shall glve Trustor notice prior to eny such Inspectlon specltying reasonablo cause therufor releted to Lender'e ��W �_
<br /> " �� �ti,;;� Interest in the Property. ��„„N„�.,
<br /> ' (g) R�conv�yanc�.Upon payment oi ell aums secured by th{s Deed of Trust,Lender shall request Trustee to reconvey the _�—
<br /> - '.��ti PropertyandshallsurrenderthisDeed� �utswar anilnand without hergeeboehe pe sonuor pe�soi e�leyalty entftic�d thereto, `~'1°�'V'
<br /> � . Trustee shall reconve the Properly tY R'-��,`
<br /> �, s , Trustor ahQll.pay i�l�cAi s,c $�817��"K'�y. �•
<br /> ;i (h) P sor�A`�rop j µ,, A�ra �nL As additlonal socurity for the payment of the Note,Truator hereby granta ;f. ��, .-
<br /> � ' '� lal Code a security Intorest fn ali flxtures,equlpment,end other persanal property
<br /> _, : � ' Lenderun�ert t�pr �osm_C��p,� �`����`��`
<br /> , e ' rovemer+ts lacatod thereon,and not otherwlse doclared or deemed to bo a pan ot �� ,
<br /> _ � used In co wtif� ��a��.t�V/ ���'��; •-'
<br /> the real estate secured horeby. Thls instrument shall be construod es eSecurity Agreement under sald Code,and tho Lender �_P.,M1�
<br /> . , . :'�SY:ut
<br /> , r shall have nil the righto and remodlos of a secured party under eaid Cade in addltion to 1he rights and romedles created undor �i'=�"� �
<br /> ,• : .r�.:::�
<br /> and accordod the Lor.der pursuant to this Deed of Trust;provided that Lender's rights and remedles under this paregraph s n :.4.F,, �..
<br /> • be cumulative with,and In no way a Ilmltation on,Londer's rights and remedles under any other seCUrity agreement slgned by J . ;�
<br /> � Borrower or Trustor.
<br /> (I) Li�ns aad Encumbr�nc��.Trustor hereby warrants and represents thet there Is no deteu►t under the provisiona of eny
<br /> . mortgage,deed of trus�Ioase or purchase contract describing all or Any part of the Property,or othor contract,Instrumont or � .
<br /> -� , � a�rwemant constltutinp n Ilen c�r encumbranco agalnst elt or any part of the Property(coliectivoly,"Liena'7,existinq as of the
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<br /> __�,�_..e....e..•oa���:�esed to Lender In Truator's _ _
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<br /> data of thls Deed oi Trust,and that any ancl an exisnng uens reri�n�����..��,,...............-�•-- --- - ,
<br /> written disclosure of Ilens and ancumbrances provided tor hereln. Trustor shall timely psrtorm all of Trustor's obiigationa,
<br /> covenants,representatlons and warrdnties under any and ail exlsting und future Llene,shail promptly forward to Lender coples •
<br /> � 01 ail notices ot detault sent in connection with any end all existing or tuture Liens,and ehall not without Lender's prior written
<br /> consent In any manner modtiy the provielone of or allow eny tuture adv�ncos under any exlating or future Llena.
<br /> Q) AppOlcaton of P�ym�nts.Unloss otherwlse requfred by Ipw,sums peld to Le�der hereundar,fncludfng wfthout Ilmitatton
<br /> � payments ot principal and Interoat, Insurance proceeds,cond�mnatlon proceods and ronta and profits,shell be applled by
<br /> �� Lender to tho amounte duo and owing from Trustor and Borrowar In su;,h order as Lendar In its sole dlscretlon deems dealrable.
<br /> (k) S�v�rabi�lty.It any provlslon of this Deed of Truet con111cts wlth eppllcablo Iaw or Iss declared Invalld or otherwtBe
<br /> give�n ef(ectbwt ho t the C�f Icling p ovi Is�n,nndto thls end he p o pslons ot thle D�ood ot Trust undttho Note ere d Clered t be '�
<br />— • eevernble.
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