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<br /> • � . . DEED OF TRl1ST Page 5 � ` "�
<br /> ., � 02-26-1998 (CoY►tinued) ��° 4► � �, . ` : `
<br /> � Loan Ido 662T2S � �`7��. � ; . V
<br /> . ;
<br /> � ; (b) Commence an achon to foredose th�s Deed of Trost as a moAgage.appomt a Boerver or sD���Y entorce any ot tAecoverta�s .
<br /> ' h8r6ot et10 � � r`,
<br /> . ` (c) Oelwer to Trustee a wntten ded�t8don ot detault antl derttand tar sale and�d oe��rd fn the 8pP P�o�o ��in . '.t ` ' Y
<br /> • • � �, � interest in the PropeAy to De sotQ which notice Trustee shaU cause to be dury •
<br /> whlCh the ProPerty Ls loCeted:end
<br /> ' ` Ndebre5k8 U�Itorm Cortunerd C.�Odeof tha Pe�sonai ProPertf►.Lender shail have aA the rigMs and remedies of a secured P�Y under the _�� .
<br /> ` Fored�ure by Potiver of Saie. If Lender etecLS W fa�ectose by exerc�e ot the Power of Sate heretn contetned.Lender shaD notity Tnutea and ,
<br /> , , . : � sha0 deposit with Tn�stea this Daed af Trus!end the Nots and sueh receipts end evldence of eupandiAues m8de and secured by thLs Deed of ,
<br /> • ` ; Ttusl Bs Tt�tgB may requUe. • '_
<br /> . � (a) tipon reoetpt of such notice trom Lender.Tn�stse sha11 cause to bs recorded P���d and deiivered to Tnutor such IJodoe of Defauit
<br /> . -,{ an0 Ntotke of Safs ss lhen re4Wred by law and by this Oeed ot Trust- 7ruslee sheD�without Qsmand on Trustor,aiter such tib Iavr,ss� -- -- -�.- .
<br /> then be�equired by Iaw an0 after�ecordaL'an ot such Notice ot Deiauft and after Notice of Sate havin9 been given as reqWsed Y `
<br /> � the Propert�t et the time end piace of se18 foced by it in such Notice of Sale,either as a whote,o�in seParate tots or parwts ar(tems as ; `
<br /> `"' Trustee Shail Qeam�edent,and in such order as it may determine.et Dubltc 8ucdon to the hlghes�}its good anhd suffident dee0 or C- . .-•:�. ``
<br /> he
<br /> � ttie United Slates Payabla 8t tha Ume of sale. Tntstee shaU defnrer to Such purchaser or p�uchasers _ , r.
<br /> desds Com►eYi�9 the P�aG�Y��l a ti��o W�q�e n a n t o r w a t�a n t y.e x Pre�or i m pGed. The�eeilals(n sueb deed of a�ry matters
<br /> ` .'� ar facts shall be condu�ve proot of tha truthft�tn�s thereo7. Any Person,induding'�ithout Gmftation Trustor.Tn6teB,or Lender.maY - .
<br /> . . ,� purchase at such sate. • `, ,
<br /> ` , `� lb) AS may be petmit�ad by isw.Sfter dedu�ptoCee�sele to psyrttent of�8�0 sutr�s e�e d d under he tetms ol tttL OeeO of , . .':.,-;f..,.,.�'
<br /> � 6de in connecdon with sale,Trustee shaU appty
<br /> _ , -..� Tnsi a under the tem►.s ot rne Note no t t hen rep a l d,i n c l u d i n g b u t n o t Omited to acaued irrte�est and tats chargss. (i�aU other Sums then •,. r. . .'
<br /> , ;,1 secured hereby.end(Ui)the remainder.ft any.to tAa pBrson ot persons legaily BrrtWed tAereta 'u , .
<br /> � (e)Trustea maY in tAe manner provided by law postpone sale of aU or arry portion of ihe Property- �. ": �_
<br /> Retaedles Not Dcclusive. Trustes 8nd Lender.and each ot ihem.st�all be entitted to enforce PBYmenf and performance of ar►Y indebtadness `• :'`,.,rr-Y.
<br /> or ohGgations secured by this Oeed of 7rust and to exercise aU ci9hts an6 powers under ihis�eed af Tnist,under the Note,under a�ry ot tl�e � �' _, �,
<br /> Reiated Oocume�s.a►under any other agreement oc any taws naw ar hereafter in tort�notwithsfanding,some ot 811 ot such indebtedness ;.�.:�'
<br /> • and ob►igations secured by th�s Oeed of Trust may now ot hereafter be othervvise seciued.whether by modgage.QeeO ot trust,P[ed9�.�� . ;�r�'.
<br /> assignmeM or othetwLse. Netther lha acceptance ot this DeeO ot Trust nor it5 entorcement,whether bY�uR adlon or pursuant tothe power of . :.(',���+ :
<br /> ' � sals or other powers cantained in this Oeed ot Tnat,shall pceJudice or in any manner aHect 7NStee's or Lenders dght to�ea�im uPon or .�
<br /> � � enfarce any other security now or hereafter held by Trwtee or Lender,it b�rig agreed tAat Tnutee and Lender,aed each oi them,shalt be '=�_:� 3::-���
<br /> , � ., i •._.
<br /> � entllled to entorCe tdis Oeed ot Tru51 aatl any other secudty now or tter98Rer hetd bY LB�Qer o�TNStee in such order and ma�eer es th9y or '.:��:::-'.;_
<br /> either of tham may in thetr absotute discreUOn determina No remedy conterred upon or reserved to Trustee or Lendet,(s i�ended to be ,.r-:;r.;t,;:=;:•.
<br /> e�cctusiva of any other wmedy in this Oaed of Trust or by Iaw provided or permliteQ but each stiaU be cumuianve and sha0 be in add'itlon to � ,�;, ��
<br /> evary other remedy given in this Deed ot Trust or now or hareafter�dsUng a1 law or in equ�lyr ar by sTatuta Evary power or remedy givsn by the , ;r�_
<br /> ds'
<br /> Note or anY o1 the Reiated Documenis to Tnstee or Lender or to whiet►eUher o}them may be othenvise er�tied,may Go exercised, .. .�__
<br /> � � concurtently or tnQependently►.trom dme to tlma and es often as may be d:emed exAedfer►t by Trusteo or Lender.and efther of them may __ � � �•c
<br /> � pursue irtconsistenl remedies• Nothtng in this Oeed oi Trust shaD be consUued as prohibi'tinng Lender from seaking a de8dency►judgrrtgnl •,;f'��,,-ac:-'
<br /> . apainst the Tnutor to the extent suct�eciion is pem�med by law. . ,,`,j�"" '`
<br /> .��
<br />" Fiequest Fo►HoUee. Tmstor,on beAait of Tnistor and Lender.hereby re4uesis thet a COAY��Y NotlCe ot OefaWlBnd 8 Coay Ot Sny NoUCe : � i ,,,. .,,,
<br /> h 01 this Qeed Of Ttu51. '{.�����:
<br /> ' - of Sa►o unQer tfiis Oeed Of Tnut be ma�ed to them at the Sddresses set faRh in the thst P�9�P :..�,.r,.-
<br /> ' Waiver.FJeettan o!Remedles. A watver by any paAY a�a breach of a provlsion of this Oeed of Trust shaU not constitute e wahrer of or � ��°;���.��:�.
<br /> prejudice the psAS�s A9ALS otherwise t�demand strict compUance wttD tht�t provision or eny other provision. ElecUOn by Lender to pursue aay :.:;:�4
<br /> ht _
<br /> ramedy proNded in this Deed of Trust,the Note,In any Retated Oocumenl,or provlde�by Iaw shall noi exciude pursuit of any otRer remedy, �:,� :
<br /> an0 an electlort to make exAend'itures or to take actlon to peAortn an obligaUOn of Trustot under this Oeed of Trust after(a�7ure ot Tnistor to , . ''.,,'t,(,�,,
<br /> pertorm shall not affeet Lenders nght to declare a CefaNt and to exercise any o t i t s remedws. ,L ,,'
<br /> _ ti.� �
<br /> . Attomeys'Fees;Expe�ses. N Lender institutes erry sWt or acUOn to enforce any o1 the terms of lhis Oeed of Trusf,Lender sha0 0s enUtleO W , � ;:,�_,_
<br /> recover sucb sum as tt�e couA maY adJudge reasonabte as attornays'fees at 1r1a1 and on any appeal. Whethet or nat arry courl acflon is : ;
<br /> tti
<br /> „� lnvofvad,aU reasonabt6 expenses incuaed by Lender whicA in Lenders opiNOn ar9 necessary at any tlme for the protectian of tb ir�teresl or ihe ' ;;�,i,_l •
<br /> � enforcement of its dghts shall beCOme a part of the In08bteE h�indude,without Iimitetlon,however subjef.M oeanY lirtiits under eppUeabe faw� �_ - .
<br /> ' e�enditure until repaid ExAenses covered by thts paragrap � '�
<br /> ' ' Lenders attomeys fe�whether or not there is a tawsult.inctuding attomeys'fees for OenkruP�Y Vraceedings pnduding eHads to modity a , �;.
<br /> ' vacate any automaUc slay or laJunction), appeats and any anticipated posHudgment colledlon serutce9.tAe CoSt o1 search�n9 te�ords, . ,
<br /> � i obtaining title reports p�uding toreclosure reports),surveyo�s'reporfs,appraisel fees,tlUe insuranee,and fees tor ihe Trustee,to i�e extent . _
<br /> � I permitted by BpD��1e�8W Trustor a[so wiU pay any couA cosb.In addiUon to 811 other sums provided by Iaw. • Y'�.'�._
<br /> Rights of Trustee. T�ustee shall have s11 of the rtghts 8nd duties oi lender as se1 fOrth in this 5ectlon.
<br /> • � POWEiiS AND GSL1dATtONB OF TRUSTE6. The toitowing prov�ions relati�g to the powers and obiigations o1 TNStee are Oart ol this 08ad oi _
<br /> ' Trust.
<br /> � PowerB of Tntstee. In Bdd�Uon to aU powers of Trustee arising as a matter of law.Truste9 shall have the pawer to take tha to0owtng ecttons .
<br /> wdh respecl to the Properfy upon ihe wntten request ot Lender and Trustar. (a)jWn in preparing and fiGng a mep or Piat ol the Reai PropeAY,
<br /> inGuding the dedicaUon ot sVeets or Other rights to the pubtic; (D)Join in grantlng any easement or crea�ng any testricUon on the Real Property; •
<br /> � an� (C)joln in eny subordfnatlon or other agreement eftecting thls Oeed of Trusl or the interest of Lender unCer this Deed of Trusl
<br /> Truetee. Truste9 shatl meet 811 qualiflcaUons required tor T�uStee under applicabi9 law. In addiUon to the rlghts and remedles 501 foAh ebove. .. .
<br /> � with�espect to all or erry peA of the Property,fhe Trustee s�all have Ihe tight to forecioso by noUCe antl sate.end Lender Sh811 havo th0 right to �
<br /> • ' I toredose by juG}elal faredosute.�n e8het case in accordance with and to the full axtent provlded by app�cabig taw. , �
<br /> � Sur.teasor T�ustee. Lender.at Lender's opUon,may from 9me to Uma appoint a successor Trustee to any Trustae eppointed hereunQer by an
<br /> � instrument exocuted end aCknowtedged by Lender and recorded in the offloe ot lhe recorder of HALL County.Nebrasko. The�rtabument she0
<br /> ! wntain,in additlon to all other maNers tequUed by state law,the names ot lhe origtne�Londer,trustee,and Trustar,the book and page(or , .
<br /> ,' ! eomputer system reference)where lhis Oeed of Trust Is recorQed,and tfie name and address of the successor trustee,and tho Instrument shau . .
<br /> `-�� I be eocecuted end acknowledged by ail the beneflclades under the Deed of Trust or iheh successors in Interest. The succssscr trustee,withoN _
<br /> � eomeyance o}ihe Property,sha11 suceeed to alt the tltle,pawer,and duties conferced upon Ihe Trustea In ihls OeeE ot 7rust an0 by appUeable
<br /> i Iaw. Thls procedure tor Substitut�on o1 trustee shatl govetn to the exeluslon of efl other provisions for substitWon. •
<br /> � NOTICE9 TO TiiUSTOR ANO OTHER PARTIEB. Any notice under th�s�eed o}Trust Shatl be in writing, may be sent by tefefaCSim�e(unte59
<br /> otherw�se required by�aw),and shaii be eHecUve when actuaity detivered,or when depasited with a natlona0y recogn►zed overnighl couAer,or,if
<br /> • � ma�ted.shell be deemed eHective when tleposded in t�e United Stet���c�t 0�dtl�r'e�s�s�tor n�sces under�thls 0 ed o/rTrpusl by+glving tor�mal �
<br /> addresses shown near ihe begtnn�ng ollhts Oead ol Trust..Any partyr 8
<br /> . wntten notice to the other parfles,specity►ng that lhe purpose oi the not�ce is to change the pertyls address. A�I Coples of noUCes o1 fOreCtosure from
<br /> 4� For nottice purposes.Tru tor agrees to keep LenQ rand Trustae hntob ed at a1111mss ol Trusto s cu ent add eesahe beginning ot thLa Oeed ot Trust.
<br /> f II win miscetlaneous provlsions ere a pad ot this Oeed ot Trust: ��
<br /> � MISCEILANEOUS PitOVIS10NS. The o 0 9 �
<br /> AmEndmenta. This Oaed of Trust.together wfth any Related Documents.constitutes the entire understanding and egreement of the parHe9 es
<br /> - to iha matters 581 torth I�this Oeed o1 Trust. No aiteration ol or amendment to thiS Oeed ol Trust shell be eHective unless given tn wrlling and ,
<br /> •,.'t 59pned by the pBAy or peNes soughl to be ch8rged or bound by tt�e alteration or amendment.
<br /> � Mnua1 RepoAe. I1 the Property�s used tor purposes other than TruStaPs resldanCe,Ttustor 5hall turnish to Lender,upOn tequ854 a CeNtieC
<br /> �� statement of net operaUng�ncome rece�ved hom the Property dunng Trustor's previous fisCa�year in such torm and Qetail as Lender shall
<br /> � requue. 'Net operating mCOme"Shall mean all cash receipls hom the PropB�►y�ess eU Cesh expenddures made�n ConnetUan Mnth th8 Opera6on
<br /> of Ihe PropeRy �
<br /> �,,. ppp��eable Law. Thts Oeed of Trost has Deen detivered to Lender and ucsepted by Lender in the State a!Nebrps�,ca. This DeeO o!T�ust �
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