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<br /> � ' y 5 • 5. TRANSFER OF THE PROPERTY:ASSUMP'T10N.fl all or any part ot the property or mterest ffisrem is sold,transter►ed or ° � , ': �
<br /> . • .,.� , othervvrse convayed by Trustor wrthoul Benefiaary's pnor wrdten eonsont,exdudmg (a)the aeatron ot a Uen or encumbrance . � .=�•,
<br /> subordmate to this Deed of Tncst{b)ths aeatron of a purehctse monoy seeunty mterest tor househotd apDhancea•Ie)a transter by `
<br /> � ` f' dev�.ae.des e e R t o r b y o p e r e h o n o f l a w u p o n t h e d e a t h a f a�a m t t e n a n t o r(d)t h e g r a n t o t e n y l easehatd mterect of three��eere or tess � .
<br />- � c . . � . not contau+mg en ophon to purchase.such acdon�4 a breach of th�s egreemen�and 8enefiaary may.at 8enef�nary's o�tron.deGnre�' .. . .
<br /> all the sums seeuced by th�s Deed o1 Trust to be�mmed�atety due nnd payabte,or uluso the hustee to L(6 a noLee ot Qefau�L�� ��_
<br /> ` � � 8enefianry ehaU have wanred sueh opbon to aceelerate�f prror to the sate,transfer of aonveyanoe.BeneSemry ond the person to
<br /> _ , whom the property�s to he sotd or hansferted teaeh agreement m wrRmg Utat the uedR ot such person is sahshtelory to Beneficiaryt ,.
<br /> � ` ' and that the mterest payabla on tha sume seeured by th�s psed of Trust ahaU be at sueh rats es 8ene8aary ehaU request �� � ,
<br /> �. �
<br /> `` 8. ACCELERATION UPON OEFAULT:REMEDIES:SALE-The fadure by tl+e Trustar to make any paymerrt or to per/orcn eny oi� , � . ,
<br /> ?: � the tarms and eondmons af the Note.a eny tenewals,mod�fiCatrons or exiertsions thereok or fh0�aymerrt o1 atty other mdebt6dness� • �,,
<br />' ��� � ` . i y , secured hereby or m the pertormanee of anY of the eovenanta or agreements hereun der s h a U be a brea c h o f t hi a a g c e b m e n t a n d t h e� . . .
<br /> �` -- . Benefiaary may dectare a deTauit and may dedare all suma seeured hereby�mmed�atery due end payab�e end the eame shaU
<br /> - ` thereupon heeome due and payabte v�dhout presentment,demand protest or notiw of any Wnd.7t�ereafter.BeneSciary may delnrer� , .
<br /> �� to Trustee a wrrtten deeleretion of defaui�and demand for ea►e.Tnistar agrees and hereby grants that the Trustee ehaH hava the ---.----= .
<br /> 4 � potve�ot sa10 of ffie Property and d Benefivary deddes tfie PropeRy is to be sold rt shall daposR wRh Trustee this�eed oT Trost and .: ,
<br /> g ' the Note or notes and any other documents ewdenang expenddures secured hereby.and shali dehver to Trustee a wrdten noUce af ,
<br />_:�� � defau(t snd eteehon to cause the Property to be sold and Trustee.in tum.shall prepere a simdar noLce m the torm reqwred by law. _ . _ _
<br /> T'' . � < - which shali be duly fited tor record by Tnutee. _, .. ,
<br /> �r.� .
<br /> '�.;,. .` � (a) After the lapse of such Ume ae may be required by law fo�owmg the reeordatron of Notice of Defauit,and YVotiee of Defauft .
<br /> �; . and Nodee of Sele having been give�as required by law.Trustee.without demand on T�r,shell se0 ffie Properly�n one � _ .'
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<br /> or more parceis and in sueh order as 7rus0or may determine on the data end the time and p!ace designated in se�d Notice ;� _
<br /> "`�� � � • of Saie,at pubtic auehon tn ffie highest biddar,the purehase prite payabte o�cash in(awful money of the Undad States at •�";. ��. <-r";��•
<br />`}: . ` �' the time of sale.The person conducting the selo may.for arry cause he or she deems e:pedient postpone the sate irom ;��-•
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<br />_,:., � �;< Ume to Ume urihl d sfiall be eompleUed and�n every sueh case.notiea ot postponement shall be given by pubiic deeiaration �;�F*-
<br /> - thereof by such person at the time and piace last aypointed for fhe sats;provfded.A the sale is pastponed tor fonger than � �
<br /> '��. � .. . one(1)day beyond ffie day designated in the Notic�of Saie,notiee thereof shNl be given in the same menner as tfie �
<br /> -�� � onginal Notice of Sale.Trustee shall mcewte and deliver to tfie purchaser its Oeed eonveying the Property so sold,but -
<br /> v�, � . without any covenaM or warranty.express.or implied.The recitals in the Deed of any manners or fads sfrall be eanclusive ;�_�,
<br />;;�; proof otthe trulhfulness thereot My person,including without Iimitation Benefic+ary or Trustee.may putehase attfie sale. : —�—
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<br />:,s�_ � J-'� (b) When Trustee selts pursuant tn the powers herein,Trustee shall apply the proeeeds of the sate ro payment of the wsts _ : • .�,.,z-
<br /> and expenses of exerasmg the power of sate and of the sale,mduding,withouf frtni�tion.the payment of Trustee's Fees __ ,� -
<br /> � � mcurred,which Trustee's Fees shall not in the aggregate exceed the tollowing amounts 6ased upon the amourrt secured
<br /> �x r and remai.iin un a�d:5 ercentum on the balance thereox and then to the items m subparagraph(c)m tfie order �.�
<br /> �, - . heeby 9 P P �_�
<br /> � ..E Utere stated. �{ �`�.
<br /> �' (c) After paymg ffie rtems specfied m subparagraph(b),if the sale is by Trustee,or the proper court end other costs of ��.��
<br /> yt;.:� .., . _ . _ .
<br /> . � � toredosure and sala A the sate�s pursuant to�udiaal foredosure,the proeeeds of sale shell be apptied m the order stated ���,.
<br /> � belowtothepaymeMot - " "��
<br /> � ' (t)Auomeys fees and costs of colleeUOn: �� !��'�—�,
<br /> ' " (2)Cost of any evidence of tiNe praeured in wnnecGon wdh sueh sete and of any revenue required to Ee paid: '��y��
<br /> .:+- , . . (3)All obGgetions secured by thfs Trust deed: ;_��4'
<br /> �'�',J.I'�9F.
<br />=�s;;' ' ` (4)The remainder,rf any,to the person tegally entiHed thereto. • ��-
<br />����.4�.• ' ' ' •`�`�f���
<br /> ' 7. ADDITIONAL SECURI7Y INSTRUMENTS�Trustot,at its expense,will euecute and delivet to the Beaefiaary,promptly upon .;,� •--,.
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<br /> demand,such security instruments as may be require0 by Benefic�ary,in form and substance satisfadory to Beneficisry.covering ' j�h��_
<br /> 1 f ' � any ot the Propetty conveyed by this Oeed of Trust,whieh security instruments shell be aEditional secuary for T�Ps fadhful iY�:.�',`;
<br /> pertormanee of ell the terms,covenante and conditions ot thls Oeed of Trust,the promissory notes secured hereby,and eny other , ;'`±�.;��-.
<br />���;,;- • - seeurRy instruments exewted in connedion wrth this trunsachon.Sueh instruments shaD be recorded or filed at TrusWfe expense. ' •�_;f,.`.�=-���
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<br /> �, 8. APPOINTMENT OF SUCCESSOR TRUSTEE. Beneficiary may.irom trtne to t�me,by a written mstrument exeeuted and ' •�:'��'%=
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<br /> �. acknowtedged by Beneficlary,maitad to Trustor and reeorded in the eounry or counties in whieh the Property is tocated and by , =;�:��
<br />, � _ othervvise eomplying wRh the provisions of the applieable lawa of the State of Nebraska aubstitute a successor or suocessore W the . : �=
<br /> Trustee named herem ot aeGng hereunder. �—
<br /> f.�
<br />,.���; 8. INSPECTIONS.Beneficiary.or rts agenta,representat�ves or workmen,are authoraed to ertter at any reasonable Ume upon . � �-
<br /> � or m any paR ot the Pwporry for the purpose of inspecNng the same and for the purpose o1 peAorming any of the acts R is authorized ���_�,7;
<br /> to peRorm under ffie terms of the peed of Trust . -_-
<br /> ' ��',: t0. OPTtON TO FORECLOSE Upon the oecunence of any breaeh and upcn the dedaration of defauft hereunder,Benefiaary � .
<br /> shull have the opdon to foreclose Lhis Oeed ot Trust�n the manner prohded by law for the toreclosure of mortgages on real property. �
<br /> 1t. FOREBFJIRANCE BY BENEFICIARY OR TRUSTEE NOT A WAIVER. Any forebearanee by Beneficiary or T►ustea r� � . ;. '
<br /> �,'t � , � exereising eny nght or remedy hereunder,ar otherwise aHorded by appticable law.ahall not be a waiver of or predude the exereise . . ,,, ,
<br /> of any such nght or remedy hereunder.Likewise,the warver by Benefioiary or 7rustee of any default of Trustor under this Qeed ot
<br />--. �. Trust shall not be deemed to be a waNer ot any other or simdar defaulta subsequentlyr occumng. .. . �
<br />'�i.,;, 12. TRU9TOR NOT RELEASED.Extension ot the time for payment or modficaLOn or amort¢ation of the suma secured by this � , :� . •
<br /> :�•,�� � � Deed of Trust granted by Beneficiary to any suecessor in interest of Trostor ahall not operate to release,�n any manaer,the Iiabilrty ot , • ,
<br /> the ongmal Trustor and T�ustor's suaessor in interest Beneficiary sfiall not be required to commence proeeedmga agulnst sucfi
<br /> „ . � succossar or retuse to extend time for payment or otherwise modiy amort¢at�on ot the s�tms sewred by this�eed of Trust by
<br /> , ' repson ot any demand made by the onginal Trustor and Trustot s suceessora m mterest
<br /> . '
<br /> t3. BENEFICIARY'S POVJERS. Wahout aHecdng or reteasmg the 6abdrty of the Trustor or any other person hebte for the
<br /> ;, ., � payment o}any obhgation herem mentioned.and wRhout aHecting the I�en or charge o}th�s Oeed of Trust upon any podion ot the •
<br /> . Property not then or theretofore released as seeurity for the tull amount ot NI unpaid obhgn6ons.Benefictary may,from dme to time
<br /> nnd wRhout notiee at the reque3l of one or more Trustors(i)release any person so liable.(u)extend or renew the mnturily or niter any
<br /> � 01 the terms of any•;,ueh obl�gations.(w)grunt other indulgenee9.(n�release or teconvey,or cause to be released or reconveyed st �
<br /> :�; ' ' any time at Beneliciary 9 opt�ons any parcel,porton or n1I o1 the Property,(h take or release any other or oddR�onnl securRy for any . � , �
<br /> � obligation herem mentioned. (v�)make composrtions or othet arrflngements wrth debtota m relnUon thereto.All Trustota shall be . .
<br /> �omtly And severally obl�gated and bound by the acbons ot the 8enefieiury or any trustor ae hetein stated. .
<br /> i''�r � 14. A7TORNEY FEES,COSTS AND EXPENSES.I}the Beneficiary of this Deed of Trust is a bank as defined by Nebmska law.
<br /> '' S nny statement eontamed m any othet secNon o}this deed notwRhsttfnding,lhe Beneficisry shull nat be ent�Ged to tece�ve or take and
<br /> � � dobtor shaU not be obligated to pay or grve:cny contession o}�udgment,power of attorney to eonfes9)udgment,power ot attorney to .
<br /> ''.� , appenr for n borrower m a�ud�c�al proeeeding or agreement to pay the tosts of callection or the attorneye'fees,unless the interest
<br /> • � � paynble by the terms o1 the Note referred to in th�s deed�s 16%per annum or tess.or the note reterred to m th�a deed�s repayable�n ; •
<br /> � � � two or more equul or unequal instullments and over o penod of more than one hundred forry-five(145)months.Prowded.however,
<br /> Ihat th�s sect�on dc3s not t�pply to tho trustoe 1ee roferred to m Paragraph B.6(b).Prowded further that th�s Paragmph 8.14 shafl not � - �
<br /> '_ ."; � app�y to th�s Deed of Trust.d the Benefic�ary nerem is not a bnnN.
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