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<br /> t ; ' o2-ta-t398 IDEED O�Tf�UST : Page 5 � `
<br /> ' . Loan No 658583 (Cor�4inued) : ��,� ����3a��
<br /> �. j of such rents.issues and profits.and the appl�cation thereof shall aat cure ar w8ive ar�l d2tautt or natioe ot default Under t�is Oeed otYnist i• • � ' <
<br />- - or imrelidste any ad Qone ai�esponse to such deffiult or Rursuant to such notiCe af detaul$and,netwil4�stanQin9 ths co►dinaenCe�n t :
<br /> • ' � po55eS5ian ot the ProD�or ihe eolledion,raceipt 8nd appiieadon ot reab.issu�or proCds,TruStee or tender shel�be entitled t0 �'
<br /> • � � wrercise every right provtHed tor In the Note ar the Retated Dxume�s ar by taw upon the occurtenoe of any eve�of dei8ull,tndu6ng the [` .
<br /> � dght to�cercise tt►e power of sa1� �
<br /> (b) Commence an aefion to toreciase tNS Oeed of Tnst as a moRgage,eypam e reoeiver or sped6caUy entoroe arry ot the t�venanb � ' '
<br /> ttetaof;end � ,
<br /> � ' (c) De¢�rer to Tnbtes a written dec4araUon of deta�ilt and demand t�sate and a wrhten rtoUce ot Qetautt and sleeUor�to catue Tnistofs E � •
<br /> Ir�Lares1 in the Properly to De sotd.wiUCh naUce Tn�stee sheD cause to be d�dy filed for record in the appropriate oiflees ai the Couniy in � � �
<br /> , � whfCh th9 PtopeAy is located:and • ' �
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<br /> (0) WitA resyect to eU or any paA af the Persor�al ProP�Y.lender shaD have atl the dghts end remedies of a secured P�f►under th0 . .,
<br /> —_ - N�r85kB Uniform Commerciei COdB- � '
<br /> �oreaastue by�ot Sata. N Lendsr eleds to foredose by e�cerc�se ot the Power ot Sals hewin contained.Lender shaD notity Tr�and � ' , '
<br /> � shaU deposll w(th Tnatea this Dead of Tntst and the Note and sucb�ecelpls and evidence of�pend�ures made and secured by tt+is Deed of � •,
<br /> = TruSt as TnsOee msy requhe.
<br /> • � � (a) Upon receT.pt W such notice trom Lender.Trtstee sheU eau�to be�ecarde4 P+�Oshed end deaveced to 7rustor suct►Nouoa of Oetault
<br /> ' end NoUee of Sate as tnen reqwleo b}iaw and by tlds Deed of TrusL T+ustes st�a8.tivRtsout��nd on Tn�i�,st�r se�h H�as may �= j -
<br /> ' then be tequiced by taw end efter reeordatJon of such[Jof+ce of Oefaidt and af0er NoUoe of Sele tiaving been given as requi�ed by 18w.seu ,
<br /> the prppgrty a1 tha tlme and place of sate fnced by it in Such Nctice ot Sato.either es a whote,or in separate lofs or paroels or dems as s '�`.°�
<br /> .; � � � Tmstse shafl deem e�e�erd.and in sucb order as it maY determins.at pubGC auctlon to the hlgAast biQdsr tor oash tn tawfut morteY ot � :
<br /> tne Uni�ad States P85+�+te at the 6me of sale.Trustee shaD defiver to such purchaser ot pu�tiasers thsreof its good and sufRcient deed ot � ` �., :;
<br /> '` � • deeds convaytng the property so sotd,but wlAout sny covenard or vrartanty.express ar ImpUed The recitals M such deed of ar�y matLeis '�•,
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<br /> ; . or facis s�a0 Ee condusive praW of the tMhfutn�s thereot My persan.InduQing withoul Umilation Tnutor.Ttustee.or Landa may � . : •.� .
<br /> s: : purches9 af suCh S8t8. • . :'.?�`__:
<br /> �' ` (b) As may be permitted hy Iaw,after deducUng all costs,fees and e�anses of Trustee and of this Tnist,indu�ng e�fs of evtdence of � .,.;��t�'.
<br /> tiUe in connection with sale,Tn�stee shelt apply the proceeds af sale to payment of (7 ait sums e�endad under the tarms of this Deed of F � , . -. ..�
<br /> ��� ' � � Frust or unQer the terms of the Note not fhse repaid.induding but not 6mded to aaxued interest and Iate charges. (�eD other sums tAen : , ::=;;;,-
<br /> !; • secured hereby,and (iii)the remeirsder.H any,to the persan or p�sans legalN entitted thereto. �.•�_�,:
<br /> �. . � ` �,.�.
<br /> Z¢ (c) Trustee may in tAe manner provlded by law post�one sele ot ell or eny parHon of the Property.
<br /> � RemeQi2s Hot F.xctustve. Trustee and Lender,and each of them,sheU be entitted to eniorce payment and per(nrcnanca of any inQebtedrtess � � �-- 4°;�;.
<br /> i;.� � ar ob U g a tions secure d by t h is Oee d o!T r u s t a n d t o e x e r c i s e a li n ghis and pawers under this Desd of Trwt,under tAe Nate.undsr any ot lhe '�4 R�
<br /> t: • Related Documents,or unde►any oMer agreement or any Iaws now or here8fter in force:notwilhstsnding,some ar eU of suCh indabtedness . •`
<br /> r;., and Obitgations secured by thts OeeO of Trust may now Or hereafter be olhervdse secure0,whetnet by moRgaga.deed of U�ut.piedge,tien, � : 1�'�r��-N`.
<br /> assignmer�or otherwise. Nefthsr the scceptarue of this Oeed ot Trusf nor its entorceme�,whether by courl acdon or pursuant to It�poxrer ot . :j;� �^ •
<br /> �:. _. �,. .. '`���'
<br /> ��� sal9 or other powers canta(ned In this Oeed ot Trwt,st�alt preJudfce or in a[ry manner af►ecl Tnstees w Leaders�ight to realirs upon or [ • .rz:;=��.
<br /> �•� • enforCe anyr ather secuAt}r now or hereafter hetd by Tnistee w Lender.it being agresd that Tnistee and Lender,and eaoh of them.sheH be �. . � ;y: ,,:f _
<br /> '��: � entiUed to enton;e Ws Deed of Trwt and any other sscurity naw or hereafter held by Lender or Tnutee in such order end manner as ihey or , •�,,,;:;;,
<br /> :,t either of them may in their absoiute discretlon dstermina No remedy confercea upon or reserved to Tnu[ee or lender.is I�ended to be • `��'�.�t.
<br /> ;�i f;,c..
<br /> ezdusive ot any other remedy in thts Oeed of Trust or by iaw provlded or permitted.6ut each shaU ue ct�mtdative and shaU be tn eddBOn to .:,����,f
<br /> every ottter temedy ghren in this Deed of Tnist or now or heresfter e�3sUng at taw or in equily ar by stetuta Every power or remedy gtven by the �;_4,,�,,
<br /> � Not�or arry of the Related Oxuments to Tnatee or Lender or to which eithe�of them may b0 otherwise entiltad. may be e�ed. �-� - :°.�r �u
<br /> .:� ' , concurre�Jy or independentty,from tlme to tlme and as often as may be Qeemed expedlent by Trustee or Lender,and either of Mem may �;.�,�_
<br />. :,'' �, 8gainst theTnutor to he euterd uchiaC an is pe itted y�aw shali be Construed as prohibidng Lender from seeking a deflctancy judgcnenl `,.
<br /> ',�t � Reque�l Fot MOttCe. Ttustor.on behaH of T�ustor and Lender.hereby requ9sts thAt a copy ot eny tVotiCe of Oet8ull end 8 COpy 0►Bny NOtICe . ;��i��
<br /> of SaJe uader this OeeO of Trust be rt�ailed to thsm at the addresses set toAh in the ftrst paragreph of thfs Deed of Tnut. ;'�3:�;'_
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<br /> ; Walver,Qectton M Remadtea A weiver by any parly of a breach of a provislon ot this Oeed ot Tnu1 shaU noi constltute a watver af or � ''.�;,::.
<br /> • ' prejudice 1he parys d9hts othervrtse to demand strict campiianoe wflh that provlslon or any other provlsion. Electlon by Lender to pursue 8rry :,•'.,y;
<br /> � remedy provfded in ihb Deed of Trust,the Note.In any Related Oocument,or pro�ided by iaw shall not exctude pursufl of arry other remedy. • `
<br /> and an etection to make expenditures or to take action to pertorm an ob6ga�on of Trustor under this Oeed of Trust after feUure ot Tn�stor to �;,•?;,
<br /> . �• pertorm shatl nof aNacl Lendefs rtgM to dedace a defauit and to exercise any of(is remedies. - ,�.,�,�`'
<br /> '• Attomeys'Fees;Expenses. If Lentler insUtutes any suli nr acdon to enlorce any o1 the terms ot this Deed of Tnut.lender shaU be en611ed to
<br /> � �; recover such sum as the eouA may adjudpe reaSOnabte as attorneys fees at trtal and on any appeal. Whether or not 8ny court aCtton is ,
<br /> • . � involved,an reasonabte expensos incurred by Lender which in Lendefs opinton are necessary at any Bme tor the protectton ot its Interest or the ,i,
<br /> i entorcement af its dghb shall become a paA of the Indebtedness payable on demand and shaU beer interest et th�Note rate Uom the date ot •�;_j..
<br /> f expenditure unUl repet0. Expenses covered by tA�paragraph inGude,without OmiffiUon,however subject to arry limits under eppticabla taw, ��
<br /> ' .� Lender's attorneys'tees whether or not there is a lawsuit,induding attamey9't88s fOr baNuuptCy proceedin�Qnduding eHOrt4 to madily ar .
<br /> vacate eny automs6c stey or injuncUon),appeals and any anUGpeted postaudgment collecUon seMces.the cost o}searching records, �'
<br /> S obtaining tiUe reports(�nGuCing torectasure repoAs),surveyors'reports,appraisal tees.title insurance,and tees for the Tmstee,to the extent
<br /> permitted hy appUcabte law. Trustor atso wiA pay any couA costs,in addition to all otAer sums ptovided by law.
<br />: �I�.i . � Rlghts ot Trostee•Tnutee shaU have atl of the dghts an0 dutles of Lender es set torth in this secUon.
<br /> � I POWEAS AND OSLtG1ATtONS OF 7RUSTEE. The foilowing provlslons retaUng to the poweis and obligaUons ot Trustee are paA of this Deed o1
<br /> ',`.i . J Trus� •
<br /> "" ' Poweis ot Trur3te9. In add�UOn to 8U powers ot Trustee arising as e matter of taw,TrusteB shatl hav0 the power to take ihe fotlowing flctlons '
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<br /> :,�;1 � with respect to the PrOpeAy upon th9 written requesl of Lender 8nd T�ustor. (a)joln in preparing and filing a maA ar ptat of tAe Real Propetly, ,
<br /> � induding the dedicatlon of streets or other Aghts to the pubtic; (b)�oin in granUng any easement or creating any restriction on the Real Property;
<br /> ����j end (c)Joln In 8rry SubordinaUOn or otAer egreement aNecBng this Deed of Trust or the interest o1 Lender under this Deed o1 Trust.
<br /> � T�usfe9. Trustee shaD meet 811 quailficaVans requlred to►Trustee under applicabte law. In addiUon to the dghts end remedies set forth above, .
<br /> • . with reSpeCt to etl or any paR o}the PropeAy,the Trusten sha11 have the righf to foractose by noUce and sate,and LenQer shall have the dght to
<br /> `� � 1 foteGoso by judicial forectosure,in either oase in accorQanCe with and to the fuil extent provlEed by appilcable tew.
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<br /> � ..:_ j Sueeessor Trustaa. Lender,at Lenders opUOn,may irom tlme to timA appoinf a suor�ssar Trustee to any Truste0 eppotnted hereunder by an
<br /> a instrument executed and aeknowtsdged by Lender and recorded in the oHioe of the recorder of HALL County,Nebraska. The�nstrument sha11
<br /> 5 conteln,In addftlon fo all othet matters�equlred by stete law,the names of the odgln�l Lender.Trustee,and Trustor,the book and pag8(or
<br /> Computer system reterenoe)where thls Oeed of Trust Is recorCed,and the name and addrsss of the successor Uustee,and the insbvment shaU
<br /> .�?; � be executed and acknawtedged by all the beneflclaries under the Oeed ot Trust or theh successors in interest. The successar hustee.withoN
<br />- . conveyance of the Properry.shatl succead to etl the tiUe,power,and dutie9 conferred upon the Trustee in lhis Deed ot Trusl and by appticabte
<br /> ' ; 18w. This prOCBdute tor sUb5blWon of truslee shall govem to the exctuslon ot all otAet proVlSions far sub5111WOn.
<br /> NOTICES TO TiiU9TOA AND OTHER PAATIES. Any noUCe under thls Oeed of Trust shall be ln writing,mey be sent by tetetBCSimHe(uNess
<br /> ' otherwise required by law�,and shall be etfective w�en BCtualty delivered,or when deposited wHh 8 nationalty recagnized overnight Couder,or,if
<br /> '.��` ma�led,shell be deemed eHBCUve when deposiled m ih9 United Stetes m8il flrst CtBSS.cer4ified ot reglsteted mail,post8g0 ptep8id,direCted to ihe
<br /> ' .�; addresses shown neer the beginntng ot this Deed of Trust. Any parly may chang�its 8ddreSS fOr noUCes undet thi9 0@ed o}Trust by giving(ormel
<br /> � wntlen not�ee to the other parties,specdying that the purpose of the notice 15 to change the party/s address. Ail copies o}notices o}(orecfosure hom f
<br /> ine Aotder of any 6en whiCh hes pnonty over ihi3 Deed ot Trust shell be sent lo Lende►'s 8ddteSS,es Shown neat the beginNng of this 09ed Of Ttust.
<br /> � - Pa notwe purposes,TrustO�agrees to keep Lender and Trusiee�nlormed at all times of TruStOr'S Current address. �
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<br /> fdI3CE�lNEOl1S PROViSIONS. The touowlnp m�scellaneous provls�ons are a paA ot th�s Deed til Trust: � �
<br /> AmenQmente. Th1s Deed of Trust,together with any Retatad Documonts,conshtutes t�e enhre understanding and agreemant ol lhe Darties as
<br /> to the matters set toAh in this beed of Trust. No aiterahon of or emendment to th�s Deed of Trust shall be eNective unlesS given in wn�ng and
<br /> S�gned by I�e pIIrty or pAA�es Sough�10 be cherged or bound by ihe elteraUO�or amendment. ' ,
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