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<br /> � � , � ' p3-03-t9g8 DEED OF TRLISY Page 4
<br /> ., � , ' . Losn Ho s3332t tc�r�Unue� 9�" ��i�.��� � :,: �, .,
<br /> _ , �z
<br /> . ` �i ; �:<._ �'
<br /> , � ot Trust. , . , .
<br /> � F19iit�R ASSISihNCES;AITORNEIf-ItiFACT. Tha toIIOwing pravl4ons rota9ng to tuMsr assiaano�and ettomelNr►�taet are e Part ot Ws �� ` � . .
<br /> • � � 1 t• •
<br /> � � Oesd atTr�st , ;'
<br /> FuirGtet A�tu�. At arry►Hme.and Bom Ume to IIme.uAon reques!of Lende.Tnstor wiB rt�atce.exe�ut�and defiver.or w�eause to Oe
<br /> made.exacuted ar d�Stve►e4 to Lendet ar M Londers Qeslgne�.and wlren requestad by Lender.cause to ba fi[ed.rer�rdeA.�e6te0. ar . �
<br /> • � ret�arded.9s th9 case may►ba.9t SuCA Umas end in sttch otHoeS flnd pi8e89 8s Lender m8y d�m eDD�P►let9,an!►artd efl su1�tna�8es. ' '
<br /> �I dseds ot trusL sec+�iAl��.secu�►ag�eeme�s.ftnanaing smtemeMs.eordinuatlon sffitemenb.U�strumarrts af�essurance.�.
<br /> . cind oUser dacurttenta as maR in U�a sote apiNOn of Lender.ba�sarN a desUaCte Ert otd�to eftedluaf�.comptete.P�cordinus.ar ,.. , ,
<br /> • A
<br /> . preserva ta�a�onu�tons ar rn�tar�nasr ma Note.a�ls oeed mTn�st.ena tne aelame o�urt�r�ts.ana (b�fhe uens anQ seqaft�r r�er�ts ,. C. : ' .
<br /> � . ._ 'gw crda�eed to�e conhary by Lendedro wdUng,Trtstor sl�U yi�eimbtase Le d�r aU6cos�end�ensss inpm d in�nec on w(th the . � . . ., .
<br /> � rt�atters referred to tn Utt�paragrapA. .`�- .-;� -,
<br /> ' , '7 Attomc�y-ii►�Fed. It Tnator faUs to do aml of the thirtgs�efenad ta in the P��9 P�S�Pn.Lender may do so tar and in itra namB ol - �- -- = �—_
<br /> Y' � `��
<br /> ' • � T t u s t o r a n d a!T n�s t o r s e�e n s a F or s u c h p m R a s e�.Ttustor hereb y urevoCabN$PPotrds Lender�s Ttustors ailome7Nr�-faet ta tha ptapose � _
<br /> . of makMg.e�cutlng,d84ver�n8.6M9.r�or�n9.8nd doing ell oNer things as may be neoeuery or desirebl8.in Lenders sole oylNOn.t o
<br /> eecompUsb Me maf�s teteaed to(n the prece�a9 P�fl�aDh• ' ... _ .
<br /> Ftgl.PERFORMANCE If Trustor pays eU the tndebteQness when duB.end otheruuise peAorrns aD the abQga9ons ImRosed�►Oon Ttuslar und�ttds .
<br /> Oead of Tnlst. Lender shatf ex�uDa and dettr�to Trustee a request tor GiD tecomteyanoa and sheA exeCUte end deIIver to Tiustot suit�bfe _ . .
<br /> �l statemenls of tertnlnaUon of enY flnent�n8 5ffitemant on�e evideneing Lendm's s�cudty fcrterest in the Rents end the P�sonal Pro¢eAY �Y ' `; .
<br /> recomreYanee tea reQ�lred by law shaU be paid Ey Trustor.H perrtatted bY ePPllcebfe law. , ��-�
<br /> ' DEFAtB.T. Eact�ot thB follaNing.at the opUOn of Lendsr,shail eonstiUite an event of detault('EveM W Oetaull�und�th�Oeed at TrusC . iY�:� _:.
<br /> � � Detautt on tndedtedness. FaBUre of Trustar tn make arry payment when due on the Indebtedness. � � �`"-�
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<br /> `''• � Default an Othet PDymes�W. Eaitu►e of 7wtar within the Ume cequired by this Desd of Tnist to make eny paymeM tor 1�ar insuranos.w :. '' ���
<br /> 1W —
<br /> ., airy other payment n�s�ary to pceverd fd�ng of ar to eftect dtscher9e oi any&en. -, � `: ` _.:
<br /> � • ; Cyiy�pllanpg Qgtaut4 Faituce o!Tnutor to compry vrilh arry other term,ubflgallon,covanant or canQidon confalned In this Deed ot Trust,the ` ' �
<br /> . :.-� Note or in arry of tAeRetated Doeumeras. ���_
<br /> � , Fafse Statementsa.My warteniy.�eprese�ation or statement m8de or fumished to Lender by or on behalf ot TnuMr under this Deed ol Tnist, ` ,.'• �
<br /> ' the Note or the Retefl9d Dncumerds is talse or misleatLng in anyr mate�ial c�ped.eithsr now or at the tlme made or tumished. � �
<br /> . . .:� ,.,r... ;-.. ��i.-S�
<br /> �`; Oetcc�ta Ca�at�rffi�ftan. Thts Oead at Tnst or any of the Related Cocumerds ceases to be In tW tarce and etfad(ind�ng faIIure of arry -_--
<br /> . �• :� catlatare!documents ta create a valid and pert�ted securtty interest or Oen)at arry Ume and for anyr reason. ��.
<br /> va
<br /> � �_�r:=I�,
<br /> . . , Death pr lnapivenry. The deatA ot Trwto►.the iasohrency of Trustor.ihe apRointment ot a�iver fos anyr part of Trustals properry,anyr _ Y. . �_:'
<br /> . esstgnment tor the bens�t at�aed�tors.arry type ot credttor workout,or the commeneemesrt ot amr proceeding under sny bankruptcfr or
<br /> insalvencyr taws by or agains!Tntstor. , ' �:�:•~ .^
<br /> � k:k�::�i;:
<br /> Foreetosu�e,Fctteltur�.eta Comrs�enc�emeM of tnredostue or torteiture O�edtngs.whether bY 1u�olal Orocee Q(np,se�-A e 1 D.��ssession . � �
<br /> • or erry otAer metha0,Ey erry aeditor of Tnutw ar by any gavemmental agency ageinst eny of the ProDerty. However,thls subsedlon sheU nof �y�,
<br /> � � apply t n t h e e v erd of e good faith E i s pute b y Trtutar as to the��ty a reasonabfenes9 ot the qatm whlch is the basis of the(a�eclasure ar
<br /> forafeiture prooaeding.proviQed mat Tnatar gtves Lender mttten nottce of sucl�daim and iumtshes reserves o►a surety bcrtd f�Me ctalm �� ' ��;>�r:.';
<br /> saUsfactory to LenAer. °
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<br /> ` Breach ot Other A�eemem.AnY breach by Trustor under me tertns af arry other agreamen!6aNreen Trustor end Lender ihat is not reme�IIed ���<*"^ _
<br /> , .. � . witAin any grace pedad provided therein,in du d ing w i t ho u t l im i t a tlon a n y a g r e e m e n t c o n c e m i n g a n y i n Q e b t e dn e s s or other o0a g ailon of Tnistor `��'1:'
<br /> � to Lender,whether e�dstlng now or Iater. �� '�'�""
<br /> .. i�i''r...
<br /> � � Events Aftecting Guarantor. Any ot the preceding events oocurs witD resped to airy Gua►antor of any ot tha Indebtedness or erry(ioarantor 1,:��
<br /> - dies ar bewmes incompetsni,ar revokes or disput�the valiEiry o},or IiabiGty under,any Quaranty of the lnCebtedn�s. LenQer,a!(ts oDtfon. . • �w;,
<br /> may,but shall not he required to.De�h�e��ntors esfate to assume uncondttonalry the oDtlgaBons arisiog under the guar8nty in a ,. .•''�^•«'
<br /> . :��.
<br /> � manner satls/actaryio lendar,and,in doing so.cure 1he Event of Oefauif. •:..r`..,. '-:1+�:-:
<br /> ;-x:-�.
<br /> tnsCCUAty. Lender in good ta(th deems it5eit insecure. : .`,;;.
<br /> ' RIgt11 W Cure. tf such a tailuro is curabls and if Trustor Aas not been gtven a no8ce of e breach of the same provtslon a!thts Oeed of Tnrst . � �"
<br /> w(thin ihe preoeding twetva(12)months,it may be cured(aad no Evenl ot OefaNt will h8ve occtured)if Trustor,after LenQer sends written . �:'�v_�
<br /> aoUCe demanding cure ot such feiture: (a)cutes ihe teilure within fifteen(1�days;or (b)it the cure requ(res mara tAan fifteen(1�da�s, , �'��?`
<br /> ' immediatety InlUates Steps sufltelent to cure the fa�lure and thereaftet corrtinues and comptetes�1 reasonabie and�ecess9r71 SteOs sufltdent to • _ E
<br /> � • , � produce compllance as soon as reasonabty pracfical. :::?f�.-`
<br /> � •r° RtGFiTS AND REefIEDIES OH OEFAULT. UDon the occurrence ot any Event of DefauH end at any time thereafter.TrusEae or Lender,at ib optton, • ..���••.
<br /> � ' ' may exerdse any ane or more of Ihe foUOwing rights an0 remeQiaS,in addiUon to arry other Agfits or remedies proulded by law: , . =��
<br /> - � AceeteraUon upon Detatdt;AdQitWnai RemeCtea If arry evertt ot detauit occurs as per the terms of ttre Note secure0 hereby.Lender may � � '?'°�� •�
<br /> � ' deciere all lndebtedness secured bylhis Dead ot Trust to be dua and payehie and the same shell thereupon become due and payabte w(ihoul •
<br /> • � ' any ptesentm0nt,Qemand,protest or noUce ot eny kind.Thereafter,Lender may: •
<br /> �� ' (a1 Either in person or by egenL with or wiU�out bdnging any acbon or proceeQing,or by a recelver epACtnted by a coutl and wlthaN
<br /> ' regerd W the adequaCy ot ib secuAty.enter upon and take possass�on of the Ptoperty.or eny peA thewol,tn its own nsme or in th9 name ..
<br /> � of Trustse.and Oo any acb whtch it Qeams neoessary or deslrabte tp preserve tne vatue,maAcetab(�ty or rentab0iiy of the FroA�Y.�P� . � �
<br /> ' ot tfle Property or interest in the Paopeity:�naease the tnoome irom tho PiroyeAy or protect the seciuity of ihe Properly:8nd,witA ar withoul • _
<br /> ' taking passesslon o1 MB Property.SuB for ot othervut5e coileCl thfl renb,issues 8t1d profib of the Ptopetty.inclUding tfiase past Cu9 an0 ,
<br /> unpaid,8nd appty ihe same,less cosb and e�enses of operaUan and coIIecflon,Inciuding attomoys'fees,ta any IndehteQrtess s�ad •
<br /> � � ' by thLa Oeed of Trusl,aU in sucA order as Lender may Qetarmine. The entgring upan and taking possession of the PropeAy,Me coC�an ,
<br /> ' �.�• oi such rents,issues and profiis,and the apDiication thereot shail not cure or walve arry detault or ncHee of Qefauti under ihls Ceed of Tntst . .
<br /> � ' • or Inveitdate any act done in response to such defaNt or pursuant to such noUCS of defauih and.notwlthstanding the curninuaace ie .
<br /> ,{; possession ol the Property a the caltectlon,recelpt and appitcaflon ot renb,Issues or profib.Trustee or i.ender sha6 be enUUed to ._ . . .
<br /> � exercise every dght provided for�n the Note or Ihe Retated Oxumants or by taw upon the occurcenCe ol any event of defaull,induding the �
<br /> ' right to exercise the power ot ssle; ' , .
<br /> � �pj �ommenCe en acLOn to toreClose this Oeed of Ttust as a mOrtgage,apDUint e reCelver or SpBCIflCfllty entOroe eny Ot the Coven8ni9 .
<br /> ; hereof:and . :
<br /> .` (c) Oelivet to Trustee a w�ttlen declara6on ot detaWt and demend for sale and e written notiCe of defauit and etectlon to cau59 Trustols �� . : _
<br /> � • � intetest in!he Property to be soid,which noUce Trustee shsll cause to be duly fited tor reCOtd In ihe appropriate otflCe9 01 tlte COUnty In
<br /> • which the PrapeAy is tocated:and . • •
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<br /> (d) Wlth respect to all or eny part of the Personal Property.Lender 5hai1 have 8111he dghts and remedies of e secured perty unQer th9
<br /> � Nebraske Uniform Commerclat Code. �
<br /> � Foree{osure by Power of Sato. If Lender eiects to torectose by exercise ot the Power of Sffie herein contalned,Lender shail notiy Trustee and � .
<br /> shall deposH with Trustee this Oeed of Trust and the tVote and such reCeipfs and e�ldence o}expendilures made and secuced by this Deed ot
<br /> ,
<br /> Trust es Trustae may requlre. • .
<br /> � (a) Upon recelpf of such notice irom Lender,Trustee shatl ceuse to he recorded,puDlished and detivered to Trustor such riottce of DefaNl •
<br /> end NoBCe ot Sale as then roqWred�y law and by tAis Deed ol Trust. Trustee shan,wlthout demand on Trusbr,aHer such Ume as may .
<br /> � then be reqWred by law and aHer recorQaUOn of such NoUce of Oefault and after Notice of Sale having been given as�eqWred by Iaw,seil � .
<br /> the Property at the tlme and ptace of sate f�ced by if in such Nollce o}Sate,e�ther es a whole,or in separato lots o�paroe�s or ftems as •
<br /> Trustee shali Qeem expedient,and In such order as It may determine,at publlC auetlon to the highest bidder for cash In taw(ul money ol ,
<br /> � °' the United Stat�payabie at the tlme ol sa►e. Trustee shaU deliver lo suCh purChaser or purChesers thereof its gaod 8nd SufilClent deed or
<br /> :•' � deeds Comeying the property so satd,but withoul any covenant or wartanty,express or impfieC. The recftei9ln suCh deed of eny matters � '.: �
<br /> or facts shell be conclusive proof of tho trulhfulness thereol. Any person,Induding without limdafion Trustor,Trustee,or Lender. mey ,
<br /> ,. � • purchese 8t SuCh sa�0. � •
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